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ObjectId: 202311329349303881 - Submission: 2023-05-12
TIN: 04-2104265
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
Name of the organization
GROTON SCHOOL
Employer identification number
04-2104265
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.....
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
....
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
Yes
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
No
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2021
Page 2
Schedule J (Form 990) 2021
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
Temba Maqubela
Headmaster
(i)
(ii)
549,959
-------------
0
0
-------------
0
7,650
-------------
0
83,899
-------------
0
74,464
-------------
0
715,972
-------------
0
0
-------------
0
2
Julie Dolan
Chief Financial Officer
(i)
(ii)
321,655
-------------
0
0
-------------
0
0
-------------
0
29,394
-------------
0
53,085
-------------
0
404,134
-------------
0
0
-------------
0
3
John MacEachern
Director of Development
(i)
(ii)
264,992
-------------
0
0
-------------
0
32,720
-------------
0
45,650
-------------
0
36,931
-------------
0
380,293
-------------
0
0
-------------
0
4
Harold W Anderson III
Assistant Headmaster
(i)
(ii)
166,647
-------------
0
0
-------------
0
20,000
-------------
0
21,231
-------------
0
66,781
-------------
0
274,659
-------------
0
0
-------------
0
5
Megan Harlan
Assistant Headmaster
(i)
(ii)
143,346
-------------
0
10,315
-------------
0
27,000
-------------
0
19,642
-------------
0
66,636
-------------
0
266,939
-------------
0
0
-------------
0
6
Elizabeth Preston
Chief Technology Officer
(i)
(ii)
156,505
-------------
0
0
-------------
0
23,700
-------------
0
16,473
-------------
0
11,186
-------------
0
207,864
-------------
0
0
-------------
0
7
Ian Gracey
Director of Admissions
(i)
(ii)
170,955
-------------
0
0
-------------
0
0
-------------
0
18,754
-------------
0
66,799
-------------
0
256,508
-------------
0
0
-------------
0
Schedule J (Form 990) 2021
Page 3
Schedule J (Form 990) 2021
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
Schedule J, Part I, Line 1a
Teaching faculty are required to live in on-campus housing as a condition of employment. A taxable housing stipend is paid to a few administrators who live off campus. The Headmaster's home includes some space that is reserved for school related meetings and student activities. The cost of maintaining this space is paid by the school and recorded as an operating expense. The School will only pay for the cost of a traveling spouse when they are an authorized participant in school related functions. In such cases, the cost is treated as a non-taxable work-related event. The discretionary account is provided to the Headmaster as part of the annual budget. The account is used to fund small school related expenses and, as a result, is not reported as a taxable fringe benefit.
Schedule J, Part I, Line 3
The salary of Groton's Headmaster is determined annually by the Compensation Committee of the Board. As input to their decisions, the committee reviews the results of the annual ABOPS salary survey. ABOPS is a 40-member organization of independent schools whom we consider to be our peers.
Schedule J, Part I, Line 4
The Headmaster's contract, which is approved by the President of the Board and the Compensation Committee, included an annual deferred compensation contribution of $54,256. The school deposited the intial payment to a qualified 457(b) plan up to the IRS limit of $19,500. The remaining balance of $34,756 was deposited to a non-qualified 457(f) plan. Each deposit to the 457(f) plan is subject to a three-year vesting period and is distributed once the terms are satisfied.
Schedule J, Part I, Line 7
At the discretion of the Headmaster, additional compensation can be made when an employee makes significant contributions that are either outside the scope of their job or at a level that rises well beyond expectations. For 2021, two stipends were awarded for a total of $10,315. The stipends were in recogntion of their involvement with the school's ten-year accreditation planning and for participating in a residential life working group.
Schedule J (Form 990) 2021
Additional Data
Software ID:
21013178
Software Version:
v1.00