2024-05-15T11:54:48-05:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-07-01 016021559 Hyde School HYDE 2074435584 616 High Street Bath ME 04530 Sarah Clifford Chief Financial Officer 2074435584 2024-05-13 1 Sarah Clifford 999009999 1 Melissa Magoon CPA P01712842 2077752387 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Laura Gauld 616 High Street Bath ME 04530 14067712 0 X www.hyde.edu X 1966 ME Education for grades 9 through post graduate. 19 19 70 50 0 0 2009996 2873776 5351124 6234157 1240546 1521169 111625 138613 8713291 10767715 1888663 3144868 0 0 4753644 4573011 0 0 396701 3943990 4166990 10586297 11884869 -1873006 -1117154 41189482 39858482 3257628 2443210 37931854 37415272 The mission of Hyde Schools is to develop character to discover unique potential. 0 0 9639930 3144868 6234157 Hyde School was founded to provide a private school education which centers upon individual growth and character development through the teaching of values and courage, integrity, concern for others, leadership and curiosity. Approximately 102 students attended the school in the year ended June 30, 2023. 9639930 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 30 0 1 70 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Sarah Clifford 2074435584 616 High Street Bath ME 04530 Dana McAvity Chairman 1.00 X X 0 0 0 Tommy Baez Director 1.00 X 0 0 0 Ann S Bell Director 1.00 X 0 0 0 Jonathan A Bell Director 1.00 X 0 0 0 Scott Bertschy Director 1.00 X 0 0 0 Jeffrey P Black Director 1.00 X 0 0 0 Kelly Carey Director 1.00 X 0 0 0 Tom Carey Director 1.00 X 0 0 0 Jamie Delaney Director 1.00 X 0 0 0 Barry Freid Director 1.00 X 0 0 0 Stuart Jones Director 1.00 X 0 0 0 Thomas J Moore Director 1.00 X 0 0 0 Craig Moss Director 1.00 X 0 0 0 Stephanie Nathanson Director 1.00 X 0 0 0 Jen Pechet Director 1.00 X 0 0 0 Carter Sackman Director 1.00 X 0 0 0 Sandra Sackman Director 1.00 X 0 0 0 Andrew Sylvester Director 1.00 X 0 0 0 Debbie Werner Director 1.00 X 0 0 0 Steven Cary Past Director 1.00 X 0 0 0 James A Silverman Past Director 1.00 X 0 0 0 Andrew White Past Director 1.00 X 0 0 0 Malcolm Gauld Director - Hyde Institute 40.00 X 146822 0 21251 Laura Gauld Head of School 40.00 X 347811 0 28322 Sarah Clifford CFO 40.00 X 135755 0 41352 Kristin Harman Director of Admissions 40.00 X 101030 0 27516 Robert Felt Chief Engagement Officer 40.00 X 115843 0 40053 847261 0 158494 5 0 1 0 Marc Cram PO Box 4 Bowdoinham ME 04008 Renovations/Repairs 185975 1 616151 2257625 51599 2873776 Tuition & Fees 611600 5958175 5958175 Miscellaneous Revenue 611600 264457 264457 Sales of Inventory 611600 11525 11525 6234157 717693 717693 154848 16235 138613 138613 138613 4087238 3283762 803476 803476 803476 10767715 6234157 0 1659782 350 350 3144518 3144518 721313 168073 553240 2969248 2277593 459940 231715 75768 62576 6504 6688 561688 412352 113260 36076 244994 165007 64216 15771 45597 45597 50532 50532 48111 48111 179466 122627 56839 66723 65014 1709 79175 52574 26601 132800 47926 84874 1649758 1529462 95395 24901 3885 3885 13403 1015 12388 107006 107006 980126 906967 57944 15215 90683 90683 Food Expense 368811 368811 School Supplies 189281 189281 Extracurricular Activit 87259 87259 Miscellaneous Expense 74374 38525 35849 11884869 9639930 1848238 396701 X 661726 231653 117482 592212 350485 305278 73343 42072 11250 12833 29355 20346 34664976 20414943 14861754 14250033 20097154 18310539 4853870 5340655 133063 752861 41189482 39858482 585455 377097 535928 446234 1453473 1317098 680000 300000 2772 2781 3257628 2443210 X 32137389 31535455 5794465 5879817 37931854 37415272 41189482 39858482 -1117154 600572 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25068664 1143544 2070533 4039177 24243564 29866472 -2415110 2382698 25068664 24653838 837662 6821455 2446483 29866472 24474988 1107499 132972 1061621 24653838 24656220 305580 990709 1477521 24474988 0.74920 0.06919 0.18161 0 0 27587301 15669252 11918049 3000972 2707618 293354 4076703 2038073 2038630 14250033 Private Equity-LL Partnership 5340655 F 5340655 Other Current Liabilities 2781 2781 8191893 600572 16235 616807 7575086 48111 3144518 3192629 10767715 8708475 16235 16235 8692240 48111 3144518 3192629 11884869 Part V, Line 4: The intended uses of the Organization's endowment funds are for capital improvements, scholarships, faculty enrichment, and other various purposes that further the Organization's exempt purpose. Part XI, Line 2d - Other Adjustments: Rental Expenses 16,235. Part XI, Line 4b - Other Adjustments: Financial Aid 3,144,518. Part XII, Line 2d - Other Adjustments: Rental Expenses 16,235. Part XII, Line 4b - Other Adjustments: Financial Aid 3,144,518. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Hyde School does not discriminate on the basis of race, color, national origin, religion, sex, marital, sexual orientation, or parental status, or handicap in the recruitment and administration of its students; in it faculty or staff; or in its athletic or other school administrative programs or activities. This statement is included in the School's catalog provided to all families inquiring about the School and its staff. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, Investments 4737167 0 0 0 0 0 0 4737167 0 4737167 1 0 1 1 0 0 Part III Accounting Method: 1 Financial Aid/Scholarships 71 3144518 FMV Financial Aid/Scholarships Part I, Line 2: All assistance to individuals is in the form of scholarships and tuition discounts awarded to students of Hyde School. X X X 0 0 0 0 0 0 0 1 0 Laura Gauld Head of School 272811 0 75000 0 0 0 14000 0 14322 0 376133 0 0 0 Sarah Clifford CFO 120755 0 15000 0 0 0 6727 0 34625 0 177107 0 0 0 Malcolm Gauld Director - Hyde Institute 146822 0 0 0 0 0 7395 0 13856 0 168073 0 0 0 Robert Felt Chief Engagement Officer 100843 0 15000 0 0 0 5552 0 34501 0 155896 0 0 0 Part I, Line 7 The amount of bonuses paid to each employee is discretionary recommended by the Head of School based on multiple factors including employee position and job performance. Any bonus for the Head of School is approved by the Board's Executive Committee. Part II, Column D Non-taxable compensation includes the employee and employer share of health and retirement plan contributions. Malcolm Gauld Family member of Laura Gauld, Head of School and President 168073 Employment 0 X 3 51599 FMV 0 0 1 0 Form 990, Part VI, Section A, line 2 Ann S. Bell (Director) and Jonathan A. Bell (Director) have a family relationship. Laura Gauld (President) and Malcolm Gauld (Executive Director) have a family relationship. Carter Sackman (Director) and Sandy Sackman (Director) have a family relationship. Tom Kelly (Director) and Carey Kelly (Director) have a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CFO and the Chair of the Finance Committee before it is filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy and signature page is provided to the Board for review at the June board meeting. Form 990, Part VI, Section B, line 15 The salary of the CEO is determined and approved by the board. The recommendations are specifically made by the Board's Executive Committee. Hyde utilizes a compensation report from NAIS (National Association of Independent Schools). This report provides detailed compensation information for all positions in member schools including key employees. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Hyde School 616 High Street Bath, ME 04530 EIN 01-6021559 Hyde School is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).602