Totals
- Total revenue
- $42,432,745
- Total expenses
- $36,032,662
- Contributions and grants received
- $10,522,706
- Grants paid
- $6,121,370
- Program service revenue
- $28,668,588
- Investment income
- $2,228,284
- Other revenue
- $1,013,167
- Total assets, end of year
- $174,615,141
- Total liabilities, end of year
- $43,621,459
- Net assets or fund balances, end of year
- $130,993,682
- Program services expenses (Part IX)
- $27,981,965
- Management and general expenses
- $5,591,816
- Fundraising expenses
- $2,458,881
- Program service expenses (Part III)
- $27,981,965
Program services were 77.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$19,593
-
1e · Government grants (contributions)
$550,214
-
1f · All other contributions, gifts and grants
$9,952,899
-
1g · Noncash contributions included above
$427,742
-
2a · Program service revenue: TUITION AND FEES
total $28,465,618 · related or exempt $28,465,618
-
2b · Program service revenue: SUMMER SCHOOL TUITION
total $202,970 · related or exempt $202,970
-
3 · Investment income
total $2,438,945 · excluded $2,438,945
-
6a · Gross rents
real property $47,050
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $47,050
-
6d · Net rental income or loss
total $47,050 · excluded $47,050
-
7a · Gross sales of assets other than inventory
securities $26,949,977
-
7b · Less cost or other basis and sales expenses
securities $27,160,638
-
7c · Gain or loss
securities -$210,661
-
7d · Net gain or loss
total -$210,661 · excluded -$210,661
-
8a · Fundraising events: gross income
$36,817
-
8a · Fundraising events: contributions included on line 1c
$19,593
-
8b · Fundraising events: direct expenses
$44,621
-
8c · Net income from fundraising events
total -$7,804 · excluded -$7,804
-
10a · Gross sales of inventory
$519,222
-
10b · Cost of goods sold
$375,508
-
10c · Net income from sales of inventory
total $143,714 · excluded $143,714
-
11a · Other revenue: HOCKEY RINK AND SQUASH
total $479,500 · excluded $479,500
-
11b · Other revenue: SUMMER CAMP INCOME
total $318,806 · related or exempt $215,448 · unrelated business $103,358
-
11d · All other revenue
total $31,901 · related or exempt $31,901
-
11e · Other revenue, total
$830,207
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $6,121,370 · program services $6,121,370
-
5 · Compensation of officers, directors and key employees
total $920,070 · program services $614,774 · management and general $206,703 · fundraising $98,593
-
7 · Other salaries and wages
total $11,594,682 · program services $7,720,174 · management and general $2,684,594 · fundraising $1,189,914
-
8 · Pension plan contributions
total $1,323,826 · program services $900,202 · management and general $251,527 · fundraising $172,097
-
9 · Other employee benefits
total $2,745,514 · program services $1,866,949 · management and general $521,648 · fundraising $356,917
-
10 · Payroll taxes
total $912,317 · program services $620,376 · management and general $173,340 · fundraising $118,601
-
11b · Fees: legal
total $27,388 · management and general $27,388
-
11c · Fees: accounting
total $44,192 · management and general $44,192
-
11e · Fees: professional fundraising services
total $48,000 · fundraising $48,000
-
11f · Fees: investment management
total $197,952 · management and general $197,952
-
11g · Fees: other
total $692,065 · program services $479,557 · management and general $167,481 · fundraising $45,027
-
12 · Advertising and promotion
total $49,930 · program services $8,834 · management and general $41,096
-
13 · Office expenses
total $378,460 · program services $165,244 · management and general $152,529 · fundraising $60,687
-
14 · Information technology
total $173,396 · management and general $123,854 · fundraising $49,542
-
16 · Occupancy
total $2,208,348 · program services $1,915,449 · management and general $224,847 · fundraising $68,052
-
17 · Travel
total $586,846 · program services $332,888 · management and general $102,666 · fundraising $151,292
-
20 · Interest
total $833,491 · program services $750,142 · management and general $83,349
-
22 · Depreciation, depletion and amortization
total $2,762,531 · program services $2,486,278 · management and general $276,253
-
24a · Other expenses: FOOD SERVICE
total $2,163,928 · program services $2,052,818 · management and general $79,578 · fundraising $31,532
-
24b · Other expenses: STUDENT SUPPLIES & EXP
total $690,073 · program services $682,339 · management and general $6,562 · fundraising $1,172
-
24c · Other expenses: OTHER EXPENSE
total $380,791 · program services $368,456 · management and general $8,811 · fundraising $3,524
-
24d · Other expenses: STUDENT ACTIVITIES
total $304,557 · program services $304,557
-
24e · All other expenses
total $872,935 · program services $591,558 · management and general $217,446 · fundraising $63,931
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $2,416
-
2 · Savings and temporary cash investments
beginning of year $18,656,565 · end of year $12,278,302
-
3 · Pledges and grants receivable
beginning of year $3,492,119 · end of year $5,940,274
-
4 · Accounts receivable
beginning of year $13,615 · end of year $5,548
-
8 · Inventories for sale or use
beginning of year $78,760 · end of year $88,895
-
9 · Prepaid expenses and deferred charges
beginning of year $895,863 · end of year $830,054
-
10a · Land, buildings and equipment: cost or other basis
$143,103,617
-
10b · Land, buildings and equipment: accumulated depreciation
$70,727,611
-
10c · Land, buildings and equipment, net
beginning of year $68,591,498 · end of year $72,376,006
-
11 · Investments: publicly traded securities
beginning of year $70,370,031 · end of year $82,523,904
-
15 · Other assets
beginning of year $590,200 · end of year $569,742
-
17 · Accounts payable and accrued expenses
beginning of year $1,278,787 · end of year $997,027
-
19 · Deferred revenue
beginning of year $11,065,871 · end of year $9,862,269
-
20 · Tax-exempt bond liabilities
beginning of year $32,728,961 · end of year $32,382,163
-
23 · Secured mortgages and notes payable
beginning of year $980,000 · end of year $380,000
-
27 · Net assets without donor restrictions
beginning of year $90,548,045 · end of year $98,352,638
-
28 · Net assets with donor restrictions
beginning of year $26,086,987 · end of year $32,641,044
Mission and programs · 2023
Mission
AVON OLD FARMS DEVELOPS BOYS INTO MEN OF STRONG MORAL CHARACTER WITH CONVICTION WHO LEARN TOGETHER IN AN INCLUSIVE, TIME-HONORED COMMUNITY DEFINED BY ACADEMIC, ATHLETIC, AND CREATIVE EXCELLENCE.
-
INDEPENDENT SECONDARY SCHOOL WITH 285 BOARDING STUDENTS AND 118 DAY STUDENTS.
Expenses $27,981,965 · Grants $6,121,370 · Revenue $28,915,937
As filed on the 2023 return.
Listed in Part VII
-
GLENN SIEBER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
DEAN C GRAHAM
CO-VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
WILLIAM P AUSTIN
CO-VICE CHAIRMAN / TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
CHRISTOPHER S DREW
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
BRIAN CONROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
J STRATFORD R DENNIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DEE GORDON
DIRECTOR(OUTGOING)
- Total calculated
- $0
- Hours/week
- 0.5
-
RICHARD H GORDON
DIRECTOR(OUTGOING)
- Total calculated
- $0
- Hours/week
- 0.5
-
CLAYTON JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NEAL KEATING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WADE KIRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
WADE L MCDEVITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
BRADLEY MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN A NOLAN
DIRECTOR(OUTGOING)
- Total calculated
- $0
- Hours/week
- 0.5
-
HENRY B SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN WENDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MILTON WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NORBERT WILLIAMSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KENNETH WINEMASTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
FRAN THORNTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CAROLINA SUAREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN GORDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARGOT MINEAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
AUSTIN SPERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JAMES DETORA
HEAD OF SCHOOL
- Total calculated
- $558,135
- From this org
- $446,169
- From related orgs
- $0
- Other
- $111,966
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $405,769
- Bonus
- $32,000
- Other
- $8,400
- Deferred
- $57,480
- Nontaxable benefits
- $54,486
- Filer's total
- $558,135
-
ROBERT ORENSTEIN
CFO
- Total calculated
- $375,230
- From this org
- $294,266
- From related orgs
- $0
- Other
- $80,964
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $294,266
- Bonus
- $0
- Other
- $0
- Deferred
- $52,510
- Nontaxable benefits
- $28,454
- Filer's total
- $375,230
-
ROBERT WHITTY
ASSOCIATE HEAD OF SCHOOL
- Total calculated
- $242,597
- From this org
- $174,356
- From related orgs
- $0
- Other
- $68,241
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $174,356
- Bonus
- $0
- Other
- $0
- Deferred
- $27,150
- Nontaxable benefits
- $41,091
- Filer's total
- $242,597
-
CHRIS WEBB
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $239,934
- From this org
- $151,309
- From related orgs
- $0
- Other
- $88,625
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $150,794
- Bonus
- $0
- Other
- $515
- Deferred
- $23,350
- Nontaxable benefits
- $65,275
- Filer's total
- $239,934
-
BRIAN DOYLE
DEAN OF STUDENTS
- Total calculated
- $207,804
- From this org
- $142,232
- From related orgs
- $0
- Other
- $65,572
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $123,857
- Bonus
- $0
- Other
- $18,375
- Deferred
- $19,108
- Nontaxable benefits
- $46,464
- Filer's total
- $207,804
-
GLENN WILCOX
DIRECTOR OF FACILITIES
- Total calculated
- $199,801
- From this org
- $148,529
- From related orgs
- $0
- Other
- $51,272
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $146,027
- Bonus
- $0
- Other
- $2,502
- Deferred
- $22,497
- Nontaxable benefits
- $28,775
- Filer's total
- $199,801
-
JACKIE MORR
CONTROLLER
- Total calculated
- $197,065
- From this org
- $140,214
- From related orgs
- $0
- Other
- $56,851
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $140,214
- Bonus
- $0
- Other
- $0
- Deferred
- $22,076
- Nontaxable benefits
- $34,775
- Filer's total
- $197,065
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE SCHOOL REQUIRES THAT CERTAIN SENIOR LEADERSHIP RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE SAFETY AND SUPERVISION OF ITS STUDENTS, FACULTY AND OTHER CONSTITUENCIES WITHIN THE SCHOOL COMMUNITY OUTSIDE OF NORMAL BUSINESS HOURS. THESE RESIDENCES ALSO SERVE AS LOCATIONS FOR VARIOUS SCHOOL-RELATED EVENTS. THE SCHOOL HAS A MEMBERSHIP WITH FARMINGTON COUNTRY CLUB. HEAD OF SCHOOL SPOUSE OCCASIONALLY TRAVELS WITH HOS.
- PART I, LINE 7
- AT THE DISCRETION OF THE BOARD OF DIRECTORS AND BASED UPON THE INDIVIDUAL'S PERFORMANCE AS COMPARED TO EXPECTATIONS SET BY THE BOARD OF DIRECTORS, THE HEAD OF SCHOOL WAS AWARDED A BONUS DURING CALENDAR YEAR 2023 WHICH WAS REPORTED IN HIS W2.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AVON OLD FARMS SCHOOL FOUNDATION
501(C)(3) · FORMED FOR THE PURPOSE OF OPERATING AS A SUPPORTING ORG. FOR THE SCHOOL. · CT · controlled entity
Directly controlled by AVON OLD FARMS SCHOOL INC
-
4947 (A)(1) · PROVIDE FINANCIAL SUPPORT TO AVON OLD FARMS SCHOOL. · CT · controlled entity
Directly controlled by AVON OLD FARMS SCHOOL INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520379349300502
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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