2024-05-14T12:43:49-05:00 2023-06-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2022-07-01 020222221 THE WHITE MOUNTAIN SCHOOL ST MARY'S IN THE MOUNTAINS WHIT 6034442928 371 WEST FARM ROAD BETHLEHEM NH 03574 DONALD BALL INTERIM HEAD OF SCHOOL 6034442928 2024-05-14 1 DONALD BALL 999009999 0 ORESTE J MOSCA P00366101 6032245357 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DONALD BALL 371 WEST FARM ROAD BETHLEHEM NH 03574 8268552 0 X WWW.WHITEMOUNTAIN.ORG X 1886 NH AN INDEPENDENT SCHOOL FOLLOWING A COLLEGE PREPARATORY CURRICULUM FOR STUDENTS IN GRADES 9-12. 13 12 80 25 0 0 943540 996379 9116960 6372609 143798 335938 19279 90306 10223577 7795232 2987210 2685532 0 0 3636216 3253803 0 0 665565 3454873 3455968 10078299 9395303 145278 -1600071 18684439 16429518 5969766 5410357 12714673 11019161 THE WHITE MOUNTAIN SCHOOL IS A SCHOOL OF INQUIRY AND ENGAGEMENT. GROUNDED IN ITS EPISCOPAL HERITAGE, THE SCHOOL PREPARES AND INSPIRES STUDENTS TO LEAD LIVES OF CURIOSITY, COURAGE AND COMPASSION. 0 0 6897928 2685532 6462915 THE WHITE MOUNTAIN SCHOOL IS A PRIVATE SECONDARY SCHOOL THAT FOLLOWS A COLLEGE PREPATORY CURRICULUM. DURING THE PAST YEAR, 98 STUDENTS IN GRADES 9-12 WERE ENROLLED. THE WHITE MOUNTAIN SCHOOL OFFERS SMALL CLASS SIZES AND A NUMBER OF EXTRACURRICULAR ACTIVITIES TO ITS STUDENTS, INCLUDING AN OUTDOOR EDUCATION PROGRAM. 6897928 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X DONALD BALL 6034442928 371 WEST FARM ROAD BETHLEHEM NH 03574 RT REV A ROBERT HIRSCHFELD PRESIDENT 2.00 X X 0 0 0 JIM ALDEN FORMER VICE CHAIR 2.00 X X 0 0 0 ANNE RITCHIE TRUSTEE 2.00 X 0 0 0 PENELOPE DURAND TRUSTEE 2.00 X 0 0 0 SOLOMON DIAMOND VICE CHAIR 2.00 X X 0 0 0 PENELOPE WALSH GILBERT TRUSTEE 2.00 X 0 0 0 JOHN BROWN TRUSTEE 2.00 X 0 0 0 WILL MAZIMBA TRUSTEE 2.00 X 0 0 0 SUSAN STOUT TRUSTEE 2.00 X 0 0 0 DONALD BALL INTERIM HEAD OF SCHOOL 40.00 X X 81455 0 3710 ALANA KUMBIER CHAIR 3.00 X X 0 0 0 GUILLERMO TRINCHET TREASURER 2.00 X X 0 0 0 KENNETH CREED SECRETARY 2.00 X X 0 0 0 DEBORAH LOGAN MCKENNA FORMER CHAIR 2.00 X X 0 0 0 ROB CONSTANTINE FORMER CHIEF FINANCIAL OFFICER 40.00 X 117787 0 14886 SCOTT HUNT FORMER DIRECTOR OF DEVELOPMENT 40.00 X 115801 0 10075 JOHN DREW FORMER HEAD OF SCHOOL 40.00 X 207023 0 6683 522066 0 35354 3 1 1 0 0 996379 169809 996379 TUITION AND FEES 611110 6058325 6058325 AUXILIARY OPERATIONS 611110 314284 314284 6372609 211336 211336 597922 473320 124602 124602 124602 FEES & MISC INCOME 611110 90306 90306 90306 7795232 6462915 0 335938 X 2685532 2685532 346541 295834 50707 2407579 1481360 768696 157523 6059 4253 1297 509 288583 202585 61757 24241 205041 143939 43879 17223 115811 115811 28000 28000 17962 17962 724480 665150 56300 3030 122720 72313 50407 375526 161515 156260 57751 560380 293844 265815 721 219827 197772 6355 15700 259574 162314 13940 83320 618089 386497 33193 198399 170933 170933 PERSONNEL EXPENSE 168072 70456 40875 56741 REFERRAL FEE AND OTHER 74564 74564 BAD DEBT EXPENSE 30 30 9395303 6897928 1831810 665565 2456313 647089 372859 478672 74070 114319 11252 45460 21733173 9774879 12531170 11958294 2642131 2668574 504584 507301 46600 55269 18684439 16429518 103388 206644 5257221 5034976 609157 168737 5969766 5410357 X 9009967 7243185 3704706 3775976 12714673 11019161 18684439 16429518 -1600071 -95441 0 X X 0 1 X 1 0 X 1415095 1224181 1154199 943540 996279 5733294 1415095 1224181 1154199 943540 996279 5733294 1326781 4406513 112313 122121 131837 137561 211336 715168 6448462 40272264 0.68330 0.72630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2642131 100 210928 166623 17962 2668574 2463018 145422 161645 104215 23739 2642131 2189716 124599 250439 78670 23066 2463018 2147242 139568 -4903 70440 21751 2189716 1849070 187198 196189 65320 19895 2147242 0.74040 0.25960 1 0 876972 876972 18098996 7517975 10581021 1853062 1602795 250267 904143 654109 250034 11958294 TUITION ADVANCE PAYMENTS 168737 168737 X 4921733 -95441 -95441 5017174 17962 2760096 2778058 7795232 6617245 0 6617245 17962 2760096 2778058 9395303 PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION; HOWEVER, CERTAIN UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL TAXATION. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THERE WAS NO LIABILITY FOR A TAX ON UNRELATED BUSINESS INCOME. THE SCHOOL HAS ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO.48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC 740). ACCORDINGLY, MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION REPORTED IS NET OF TUITION ASSISTANCE TO INDIVIDUALS & REFERRAL FEE 2,760,096. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REPORTED NET OF ASSISTANCE TO INDIVIDUALS ON FINANCIAL REPORT 2,760,096. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO BE USED PRIMARILY FOR SCHOLARSHIPS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH CATALOGUES, BROCHURES, AND PERSONAL COMMUNICATIONS. 1 FINANCIAL AID 59 2685532 FMV SCHOLARSHIP GRANTS AWARDED TO STUDENTS AS A DISCOUNT ON THEIR TUITION. PART I, LINE 2 THE FINANCIAL AID COMMITTEE ALLOCATES AID BASED ON A PARENT'S FINANCIAL STATEMENT (INCOME, EXPENSES, ASSETS, LIABILITIES, OTHER SOURCES FOR TUITION) AND A REPORT PROVIDED BY THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID, WHICH DIGESTS A PARENT'S RESOURCES AND RECOMMENDS A FIGURE THAT THE PARENTS ARE CAPABLE OF PAYING. NO CASH IS GIVEN DIRECTLY TO AN INDIVIDUAL. X 1 0 X X 1 0 0 0 0 0 0 0 0 JOHN DREW FORMER HEAD OF SCHOOL 96523 0 0 0 110500 0 0 0 6683 0 213706 0 0 0 PART I, LINE 4A JOHN DREW - $110,500 X 577 161683 FMV X SUPPLIES/SERVICES 15 8126 COST/FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE 990 ARE SENT TO ALL MEMBERS OF THE BOARD IN ADVANCE OF THE REGULARLY SCHEDULED FINANCE COMMITTEE MEETING. AT THE FINANCE COMMITTEE MEETING, THE 990 IS BROUGHT UP AS A DISCUSSION ITEM. IF THERE IS NO PROBLEM WITH THE DOCUMENT, IT IS FILED. AT THE NEXT BOARD MEETING, THE FULL BOARD IS NOTIFIED THAT THE FINANCE COMMITTEE REVIEWED THE 990 AND FOUND IT CORRECT. FORM 990, PART VI, SECTION B, LINE 12C AT THE OCTOBER BOARD MEETING, THE BOARD CHAIR ASKS ALL MEMBERS TO FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE AND SUBMIT THEM TO THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE HEAD OF SCHOOL INCLUDES BOTH WRITTEN AND ORAL REVIEWS UNDERTAKEN BY A COMMITTEE OF THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL IS ANNUALLY ASKED TO PREPARE A WRITTEN SELF-EVALUATION, WHICH IS REVIEWED BY THE BOARD OF TRUSTEES. THE HEAD OF SCHOOL IS EXCLUDED FROM THE REVIEW OF THE SELF-EVALUATION, AS WELL AS EXCLUDED FROM ANY DISCUSSIONS THAT DETERMINE THE COMPENSATION AMOUNTS AND THE FINAL VOTE. INPUT AND FEEDBACK ARE SOLICITED FROM THE BOARD AND THAT BECOMES THE BASIS FOR AN EVALUATION MEETING BETWEEN THE COMMITTEE AND THE HEAD OF SCHOOL. THE RESULTS OF THAT MEETING ARE SHARED WITH THE BOARD OF TRUSTEES AS PART OF A NOTICED BOARD MEETING AND THE HEAD OF SCHOOL IS PROVIDED WITH A WRITTEN SUMMARY OF HIS OR HER EVALUATION ON AN ANNUAL BASIS. WHEN NECESSARY, CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE HEAD OF SCHOOL ARE SOLICITED FROM OTHER MANAGEMENT OFFICIALS. THE WHITE MOUNTAIN SCHOOL PARTICIPATES IN A NUMBER OF NATIONAL AND REGIONAL PROFESSIONAL ASSOCIATIONS FOR INDEPENDENT BOARDING SCHOOLS, INCLUDING THE INDEPENDENT SCHOOLS ASSOCIATION OF NEW ENGLAND. SALARY COMPARABILITY DATA IS READILY AVAILABLE THROUGH THIS SOURCE TO BOTH THE BOARD OF TRUSTEES AND THE HEAD OF SCHOOL. COMPARABILITY DATA IS USED BY THE HEAD OF SCHOOL FOR DETERMINING COMPENSATION OF OTHER MANAGEMENT EMPLOYEES, AS WELL. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON GUIDESTAR. THEY ARE ALSO COPIED AND SENT TO ANY INTERESTED PARTIES. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 657,579. MANAGEMENT AND GENERAL EXPENSES 18,702. FUNDRAISING EXPENSES 1,030. TOTAL EXPENSES 677,311. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,571. MANAGEMENT AND GENERAL EXPENSES 37,598. FUNDRAISING EXPENSES 2,000. TOTAL EXPENSES 47,169. FORM 990, PART XI, LINE 2C THERE HAVE BEEN NO CHANGES IN THIS PROCESS FROM THE PRIOR YEAR.