2024-05-10T11:14:08-07:00 2023-06-30 990 2022-07-01 060678539 SUFFIELD ACADEMY SUFF 8603864400 185 North Main Street Suffield CT 06078 Patrick Booth CFO 8603864454 2024-05-15 Patrick Booth 999009999 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Charles Cahn III 185 N Main Street Suffield CT 06078 60558474 0 X www.suffieldacademy.org X 1833 CT Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign counties. The school is grounded in a tradition of academic excellence combined with a strong work ethic; respect for individual differences and a commitment to scholarship guide our curriculum and pedagogy. We engender among our students a sense of responsibility and challenge them to grow in a school community that is both structured and nurturing. We expect our students to emerge from their Suffield experience for a lifetime of learning and active citizenship. 30 30 255 100 -47291 -47291 7395583 7790688 25560328 26288616 3786252 3505109 13576 65175 36755739 37649588 5084623 5327521 0 0 13825099 14552614 0 0 1418350 12952491 13831025 31862213 33711160 4893526 3938428 167300505 171638207 31829637 31140588 135470868 140497619 Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign counties. The school is grounded in a tradition of academic excellence combined with a strong work ethic; respect for individual differences and a commitment to scholarship guide our curriculum and pedagogy. We engender among our students a sense of responsibility and challenge them to grow in a school community that is both structured and nurturing. We expect our students to emerge from their Suffield experience for a lifetime of learning and active citizenship. 0 0 28289214 5327521 37540133 Educational Delivery, General/Other: The school provides non-discriminatory education to approximately 400 students, grades 9-12. This education is academic, athletic and social. 0 0 0 28289214 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 23 1 1 255 1 1 1 1 BD CJ 0 0 0 1 1 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Patrick C Booth-Assistant Treasurer 8603864400 185 North Main Street Suffield CT 06078 Charles Cahn III Head of School 60 0 X 777761 0 276600 Patrick C Booth Assistant Treasurer 60 0 X 309110 0 125622 Philip Riegel Director of Development 60 0 X 202579 0 108502 Ann Selvitelli Director of College Counseling 60 0 X 152839 0 73030 Sara Yeager Academic Dean 60 0 X 166910 0 48085 Greg Lynch Dean of Students 60 0 X 123213 0 47965 Philip Cyr Director of Physical Plant 60 0 X 129947 0 37419 Susan W Autuori Board Member 1 0 X 0 0 0 Vicky Bauer Board Member 1 0 X 0 0 0 Nancy A Brooks Board Member 1 0 X 0 0 0 Cindy M Burke Board Member 1 0 X 0 0 0 Robert W Byrne Board Member 1 0 X 0 0 0 Jared D Carillo Board Member 1 0 X 0 0 0 Andrew C Chase Board Member 1 0 X 0 0 0 Kate O Cleary Board Member 1 0 X 0 0 0 George B Daniels Board Member 1 0 X 0 0 0 Ann Durhager Board Member 1 0 X 0 0 0 Matthew P Fine Board Member 1 0 X 0 0 0 Dr Michael Gingold Board Member 1 0 X 0 0 0 Valisha Graves Board Member 1 0 X 0 0 0 Walter Harrison Board Member 1 0 X 0 0 0 Russell C Hearn Board Member 1 0 X 0 0 0 Kathy G Hoffman Board Member 1 0 X 0 0 0 Daniel C Hostetter Jr Board Member 1 0 X 0 0 0 Christopher M Houlihan Secretary 1 0 X 0 0 0 Andrew Kotchen Board Member 1 0 X 0 0 0 Ken Landis Treasurer 1 0 X 0 0 0 James Michel Board Member 1 0 X 0 0 0 Tracy Orr O'Keefe Board Member 1 0 X 0 0 0 Frederic B Powers III President 1 0 X 0 0 0 Ali Salehi Board Member 1 0 X 0 0 0 Monica Shay Board Member 1 0 X 0 0 0 Hope G Smith Board Member 1 0 X 0 0 0 Michael J Tisch Board Member 1 0 X 0 0 0 Suzy B Vogler Vice President 1 0 X 0 0 0 Jeffery White Board Member 1 0 X 0 0 0 Stephanie Winston Wolkoff Board Member 1 0 X 0 0 0 Jackson W Robinson Trustee Emeritus 1 0 X 0 0 0 Daniel R Tisch Trustee Emeritus 1 0 X 0 0 0 John M Tremaine Trustee Emeritus 1 0 X 0 0 0 1862359 0 717223 5 0 1 0 FIP Construction 1536 Farmington Ave Farmington CT 06032 Construction 1733636 FieldTurf 175 North Industrial Blvd NE Calhoun GA 30701 Turf Design 793301 Allled Printing PO Box 850 Manchester CT 06045 Printing 211433 CENTERBROOK PO Box 955 Centerbrook CT 06409 Architect 199363 SSC Inc PO Bo 135 Brattleboro VT 05302 Security 178655 7 0 0 63350 0 0 7727338 0 7790688 Tuition & Fees 611110 26288616 26288616 0 0 0 0 0 0 26288616 2203730 2202886 844 0 0 0 0 0 0 0 0 0 67601 0 111881 0 -44280 0 -44280 3855 -48135 0 23695960 252318 22479069 167830 1216891 84488 1301379 84488 0 1216891 191161 63350 105176 85985 0 85985 68400 44930 23470 0 0 23470 0 37649588 28579845 -47291 1326346 0 0 4985021 4985021 342500 342500 0 0 2108609 449712 1456318 202579 0 0 0 0 9266225 8457285 168428 640512 626350 561586 20026 44738 1796612 1313288 435016 48308 754818 634967 64076 55775 0 0 0 0 4550 0 4550 0 61177 0 61177 0 0 0 0 0 0 0 440633 0 440633 0 1217634 863941 353693 0 254800 96435 22590 135775 313186 127960 144023 41203 116937 116937 0 0 0 0 0 0 1622902 1622902 0 0 230118 158673 20746 50699 0 0 0 0 109805 99869 2174 7762 394526 394526 0 0 0 0 0 0 5195299 5195299 0 0 414561 0 414561 0 Supplies 2084373 1528300 365074 190999 Food Service and Supplies 1340013 1340013 0 0 Bank Fees 30511 0 30511 0 33711160 28289214 4003596 1418350 19774892 16577667 0 3058554 560472 397526 7956157 7859610 88001 157492 318234 326808 137251244 66545714 72316121 70705530 53410153 63974581 11378064 6995748 1498411 1584691 167300505 171638207 2496590 2153226 0 0 14111150 14272071 15203124 14696518 18773 18773 31829637 31140588 X 101299882 102577189 34170986 37920430 135470868 140497619 167300505 171638207 X 3938428 2215215 0 0 0 -1126892 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X 0 70503294 6315358 5134757 0 2801970 440631 78710808 73303037 4393645 -4273818 0 2455656 463914 70503294 56434599 5689886 13852156 0 2299277 374327 73303037 53221670 5330299 472844 0 2208541 281673 56534599 50424013 2996390 2251345 0 2141464 308614 53221670 0.56 0.33 0.11 0 0 0 507978 507978 0 126006327 59292137 66714190 0 0 0 0 0 10736939 7253577 3483362 0 0 0 0 70705530 0 F 6995748 F 6995748 Class of 2019 6078 Class of 2020 12695 18773 X 26907751 2215215 0 0 0 2215215 24692536 0 12957052 12957052 37649588 29940452 0 0 0 0 0 29940452 0 3770708 3770708 33711160 Schedule D, Part III, Line 1 Amount is immaterial for Financial Statements disclosure. Schedule D, Part III, Line 4 Miscellaneous visual are in different mediums on display for enrichment and education. Schedule D, Part V, Line 4 Endowment funds have been established for a variety of purposes including Scholarships, Prizes, Awards, Support Services and General Purposes for the school. Schedule D, Part X, Line 2 The Academy accounts for uncertain income tax provisions included in Accounting Standards Codification ("ASC") 740, ASC 740 prescribes detail guidance for financial statement recognition, measurement and disclosure of uncertain tax positions recognized in and enterprsee's financial statements. Tax positions must meet a more-than-likely-than no recognition threshold to be recognized and the Academy monitors its potential throughout the year. The Academy believes there are no uncertain income tax positions at June 30, 2023. Schedule D, Part XI, Line 2d Capital gifts are recorded below the operating revenues line in the audited financial expenses and certain expenses, most notably financial aid are netted against revenue in the audited financial statements. Schedule D, Part XI, Line 4b Capital gifts are recorded below operating revenues line in the audited financial statements and certain expenses most notably financial aid are netted against the revenue in the audited financial statements. Schedule D, Part XII, Line 4b Certain expenses are netted against revenue in the audited financial statement. Most notably financial aid. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Non discrimination statement included in all publications and advertisements. Financial Aid Sub-Saharan Africa 5 342500 none Financial Aid need based income 0 0 0 0 0 0 Auction 191161 0 191161 0 0 0 0 0 34709 0 0 191161 0 191161 0 0 0 0 0 34709 34709 156452 68400 0 0 0 44930 68400 0 0 0 44930 44930 23470 CT 1 0 0 0 1 0 Patrick C Booth 185 N Main Street Suffield CT 06078 0 D Penn Sullivan 0 See schedule G Part IV Statement 1 X 0 0 1 see schedule 1, Part V, Statement 1 182 4885021 0 Tuition Grant Reduction of Tuition Schedule I, Part I, Line 2 Financial aid service used for calculating families ability to pay. X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Charles Cahn III Head of School 777761 0 0 0 0 0 209600 0 67000 0 1054361 0 0 0 Patrick C Booth Assistant Treasurer 309110 0 0 0 0 0 105622 0 20000 0 434732 0 0 0 Philip Riegel Director of Development 202579 0 0 0 0 0 27320 0 81182 0 311081 0 0 0 Sara Yeager Academic Dean 166910 0 0 0 0 0 23025 0 25060 0 214995 0 0 0 Ann Selvitelli Director of College Counseling 152839 0 0 0 0 0 16550 0 56480 0 225869 0 0 0 Philip Cyr Director of Physical Plant 129947 0 0 0 0 0 15738 0 21682 0 167367 0 0 0 Greg Lynch Dean of Students 123213 0 0 0 0 0 15985 0 31980 0 171178 0 0 0 Schedule J, Part I, Line 1a The school is a residential boarding school for adolescences. As such the school is in loco parentis and therefore by policy, the school houses most faculty including the Head of School and the Chief Financial Officer. A State of Connecticut Health and Educational Facilities Authority Series D 060806186 2021-09-08 15350000 Refinance Existing Debt and New Construction 0 0 0 A 10610694 0 15350000 0 0 0 139306 0 0 4600000 0 0 2021 1 0 1 1 A 0 0 0 0 0 0 0 1 0 1 A 0 0 0 1 1 0 0 0 1 Schedule K, Part IV, Line 2c-09/08/2021 15,350,000 State of Connecticut Health and Educational Facil No Arbitrage was created, all expenditures have been made in advance of closing. Mr Jackson Robinson Trustee Emirtus 750000 Donated Shares of Environmentally 0 X 22 237063 Average Market Value on Day 0 0 1 0 Form 990, Header, Line B Correction to Schedule K Form 990, Part VI, Section B, Line 11b Provided to and reviewed by the Board of Trustees at the May 2024 meeting. Form 990, Part VI, Section B, Line 12c All board members, senior administrators and major budget managers sign annual conflict of interest statements which include the review of the current policy. Form 990, Part VI, Section B, Line 15 Review of employment compensation occurs with independent compensation consultant and the Board of Trustees. Annual review of compensation level of key employees with peer schools including disclosure and discussion with the Board of Trustees. Form 990, Part VI, Section C, Line 19 All documents are available upon request. Form 990, Part XI, Line 9 Various activities below the operating GAAP Audited Financial Statements, primarily capital giving and endowment returns reinvested. Filing is not late. Extension was requested and approved.