2025-04-23T15:48:45-05:00 2024-06-30 263753134 CBIZ ADVISORS LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2023-07-01 042104064 THE FENN SCHOOL FENN 9783695800 516 MONUMENT STREET CONCORD MA 01742 DAVID A PLATT ASSOCIATE HEAD FOR FIN. & OPS 9783695800 2025-04-12 1 1 BRENDA L BOOTH P01342395 6177610600 2025-04-12 2023 2025-03-06 01:10:19Z DEREK R BOONISAR 516 MONUMENT STREET CONCORD MA 01742 19413437 0 X WWW.FENN.ORG X 1929 MA THE FENN SCHOOL IS AN ACCREDITED INDEPENDENT DAY SCHOOL FOR APPROXIMATELY 315 BOYS IN GRADES 4THROUGH 9. THE MAIN OBJECTIVE OF THE SCHOOL IS TO PROVIDE A SOLID, BALANCED CURRICULUM FOR ELEMENTARY AND MIDDLE SCHOOL AGE BOYS, WITH EMPHASIS ON ACADEMICS, ARTS, AND ATHLETICS THROUGH COORDINATED COURSES THAT INTEGRATE ACROSS DISCIPLINES, THE SCHOOL PREPARES STUDENTS FOR RIGOROUS SECONDARY SCHOOL WORK AND ACADEMIC ACHIEVEMENT. 27 26 227 300 0 0 2811316 1652530 16340444 17361508 1217505 258805 86421 40539 20455686 19313382 1902697 1999725 0 0 12106055 12983521 0 57000 1193839 6892678 6878784 20901430 21919030 -445744 -2605648 94702471 98344775 14711712 14472158 79990759 83872617 X GUIDED BY OUR MOTTO, SUA SPONTE, AND INSPIRED BY OUR CORE VALUES OF HONESTY, RESPECT, EMPATHY, AND COURAGE, THE FENN SCHOOL CHALLENGES EACH BOY TO TAKE RESPONSIBILITY FOR HIMSELF, FOR HIS OWN EDUCATION, AND FOR THE WELL-BEING OF OTHERS. OUR BOYS THRIVE IN A DIVERSE COMMUNITY THAT CELEBRATES OUR SHARED HUMANITY AND EMBRACES DIFFERENCE. AS PART OF AN EVER-CHANGING, INTERDEPENDENT WORLD, FENN EMPOWERS EACH BOY TO DEVELOP STRONG CHARACTER AND LEAD WITH INTEGRITY. 0 0 8708875 999863 8696321 ACADEMIC PROGRAM - THE SCHOOL IS AN ACCREDITED EDUCATIONAL INSTITUTION FOR APPROXIMATELY 315 BOYS, GRADES 4 THROUGH 9. THE SCHOOL PROVIDES A SOLID CURRICULUM IN ENGLISH, SCIENCE, SOCIAL STUDIES, MATHEMATICS, AND LANGUAGES. MATHEMATICS AND LANGUAGE CURRICULA ALLOW FOR STANDARD-LEVEL AS WELL AS ADVANCED-LEVEL LEARNING, DEPENDING ON THE STUDENT'S ABILITIES. THE ENTIRE ACADEMIC PROGRAM IS AN UPWARD PROGRESSION TOWARD SOPHISTICATED COGNITIVE REASONING AND INTELLECTUAL CHALLENGES TO PREPARE BOYS FOR SECONDARY SCHOOL EDUCATION. 4354437 499931 4348160 ARTS PROGRAM - BEGINNING IN GRADE 4, THE STUDENTS ARE INTRODUCED TO A SIX-YEAR SEQUENTIAL CURRICULUM IN THE ARTS BEGINNING WITH STUDIO ART, DRAMA, MUSIC AND WOOD SHOP. AS THE STUDENT PROGRESSES THROUGH EACH GRADE OTHER ARTS PROGRAM OFFERINGS BECOME AVAILABLE, SUCH AS CERAMICS AND PHOTOGRAPHY. IN GRADES 8 AND 9, STUDENTS MAY SELECT FROM A BROAD ARRAY OF COURSES MENTIONED PLUS OTHERS SUCH AS PAINTING, CARTOONING, THEATER TECH, VIDEO PRODUCTION, STEEL DRUMS, GUITAR AND RHYTHM ENSEMBLE. STUDENTS ARE REQUIRED TO COMPLETE THREE ART REQUIREMENTS FOR GRADUATION: ONE EACH IN FINE ARTS, DRAMATIC ARTS AND MUSICAL ARTS. 4354437 499931 4348160 ATHLETICS PROGRAM - THIS PROGRAM PROMOTES ATHLETIC COMPETENCE, CONFIDENCE, AND ENJOYMENT FOR STUDENTS OF VARYING ATHLETIC ABILITIES AND INTERESTS. IT STRESSES LEARNING AND PRACTICING INDIVIDUAL AND TEAM SKILLS, AND IT OFFERS A VARIETY OF INDIVIDUAL AND TEAM ACTIVITIES WITH VARIOUS LEVELS OF COMPETITION. AT ALL LEVELS GOOD SPORTSMANSHIP IS EMPHASIZED AS THE PRIMARY LESSON TO BE LEARNED FROM A WELL ORGANIZED ATHLETIC PROGRAM. SPORTS OPTIONS, DEPENDING ON GRADE, INCLUDE SOCCER, FOOTBALL, CROSS COUNTRY, TRACK, BASKETBALL, WRESTLING, ICE HOCKEY, TENNIS, AND ALSO ALLOWS FOR SPORTS ALTERNATIVE WITH PARENTAL/SCHOOL APPROVAL. 17417749 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 227 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X DAVID A PLATT ASSOCIATE HEAD FOR F 9783695800 516 MONUMENT STREET CONCORD MA 01742 TARAGH T MULVANY CHAIR 5.00 X X 0 0 0 ANDREA DARLING VICE-CHAIR 5.00 X X 0 0 0 LISA SCOPA TREASURER 5.00 X X 0 0 0 LIZ CHANG ASST. TREASURER 5.00 X X 0 0 0 CAROL C MORIARTY CLERK 5.00 X X 0 0 0 MATT KILMARTIN ASST. CLERK 5.00 X X 0 0 0 JEFFREY W ADAMS TRUSTEE 5.00 X 0 0 0 LAURA C JOHNSON TRUSTEE 5.00 X 0 0 0 SCOOTER MANLY TRUSTEE 5.00 X 0 0 0 MELISSA MCCRAY TRUSTEE 5.00 X 0 0 0 HILARY N STEINERT TRUSTEE 5.00 X 0 0 0 LAN ZHANG TRUSTEE 5.00 X 0 0 0 LISA DER TRUSTEE 5.00 X 0 0 0 MICHAEL C FOX TRUSTEE 5.00 X 0 0 0 JEFF GOWER TRUSTEE 5.00 X 0 0 0 G ZACHARY GUND TRUSTEE 5.00 X 0 0 0 RACHEL J KRAMER TRUSTEE 5.00 X 0 0 0 TINA MURDOUGH TRUSTEE 5.00 X 0 0 0 TANYA OBLAK TRUSTEE 5.00 X 0 0 0 CHRIS ANDERSON TRUSTEE 5.00 X 0 0 0 GINA LAROCHE TRUSTEE 5.00 X 0 0 0 NEVILLE MCCAGHREN TRUSTEE 5.00 X 0 0 0 EDWARD V PARSONS TRUSTEE 5.00 X 0 0 0 COLLINS A TABIRI TRUSTEE 5.00 X 0 0 0 LAUREN MANTHRIPRAGADA PARENTS ASSOCIATION PRESIDENT 5.00 X 0 0 0 HARRIS ROSENHEIM ALUMNI ASSOC. PRESIDENT 5.00 X 0 0 0 DEREK R BOONISAR HEAD OF SCHOOL 60.00 X X 344615 0 180845 DAVID A PLATT ASSOC. HEAD FOR FINANCE & OPERATIONS 40.00 X 234866 0 50107 NATHANIEL CARR ASST. HEAD OF SCHOOL 40.00 X 147151 0 45112 DAVID IRWIN UPPER SCHOOL HEAD 40.00 X 138714 0 8291 JENNIFER SHEEHY DIR. OF MARKETING/ COMMUNICATIONS 40.00 X 129337 0 52561 ANNE BOUDREAU INTERIM HEAD OF ADVANCEMENT 40.00 X 128422 0 17699 KATHERINE WADE HEAD OF MIDDLE SCHOOL 40.00 X 124907 0 18666 1248012 0 373281 28 0 1 0 FLIK - COMPASS GROUP USA PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE 834983 BEDFORD CHARTER SERVICE INC 11 RAILROAD AVENUE BEDFORD MA 01730 TRANSPORTATION 514119 MENARD AND SONS INC PO BOX 601 BURLINGTON MA 01803 LANDSCAPING 324116 AID MAINTENANCE CO II INC PO BOX 1962 PAWTUCKET RI 028620476 CLEANING 240840 JM SERVICE CO LLC PO BOX 850369 BRAINTREE MA 02185 AIR CONDITIONING & HEATING 224591 6 1652530 60582 1652530 SCHOOL TUITION 611600 14416430 14416430 SUMMER CAMP PROGRAM 611710 1863427 1863427 AUXILIARY SERVICES 611600 533534 533534 STUDENT FEES 611600 383366 383366 OTHER 611600 105543 105543 59208 59208 17361508 258805 258805 100495 90634 9861 9861 9861 8966 9421 -455 -455 TUITION REFUND INSURANCE 900099 31133 31133 31133 19313382 17392641 0 268211 1999725 1999725 713131 713131 9190586 7213942 1382586 594058 491547 376020 81642 33885 1891617 1180798 628740 82079 696640 526902 124830 44908 32673 32673 89230 89230 57000 57000 51437 51437 596274 321593 69361 205320 49738 49738 299211 299211 926676 871517 26089 29070 12131 3040 9091 103561 99431 3540 590 297746 275713 10421 11612 1310591 1213607 45871 51113 168479 156011 5897 6571 PROGRAM SUPPORT SUPPLIE 2369425 2369425 EQUIPMENT RENTAL AND MA 364594 337615 12760 14219 PRINTING AND PUBLICATIO 134204 93255 1110 39839 OTHER PROFESSIONAL FEES 72814 30206 28124 14484 21919030 17417749 3307442 1193839 7391452 6697731 16168 19418 113764 172667 352784 520073 58225322 21231298 37625490 36994024 49202813 53940862 94702471 98344775 1607488 2050562 5021710 4656656 8082514 7764940 14711712 14472158 X 44039868 43647938 35950891 40224679 79990759 83872617 94702471 98344775 -2605648 6487506 0 X 0 1 X 1 0 X 5064484 3397058 4532565 2811316 1652530 17457953 5064484 3397058 4532565 2811316 1652530 17457953 3046442 14411511 1019999 1306104 2175401 1204033 359300 6064837 72567 60 308 73188 8966 155089 23677879 78696524 0.60860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49202823 176957 6487506 792981 1284468 53789837 41108944 1214212 4902125 738703 1258556 45228022 49981953 1264484 -8110758 641164 1385571 41108944 36908504 1202405 13465427 1594383 49981953 35819995 2352219 262290 1526000 36908504 0.26470 0.45260 0.28270 0 0 9204633 9204633 46059054 19429496 26629558 2610807 1801802 809005 350828 350828 36994024 X 23901218 6487506 100055 6587561 17313657 1999725 1999725 19313382 20019360 100055 100055 19919305 1999725 1999725 21919030 PART V, LINE 4: THE INTENDED USES OF THE SCHOOL'S ENDOWMENT FUNDS ARE FOR FACULTY SALARIES AND MERIT INCREASES, FACULTY ENRICHMENT, FACULTY/STAFF TRAVEL GRANTS, FINANCIAL AID, SCHOLARSHIPS, PHILANTHROPY FUND, FOUNDERS FUND FOR EDUCATION INNOVATION, AND SUPPORT FOR FACULTY/STAFF CHILDREN ATTENDING THE FENN SCHOOL. PART X, LINE 2: ACCOUNTING FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS IS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS OVER WHICH OF ITS ACTIVITIES ARE RELATED AND UNRELATED AS ITS ONLY TAX POSITIONS; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 9,421. RENTAL EXPENSE 90,634. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS 1,999,725. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 9,421. RENTAL EXPENSE 90,634. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS 1,999,725. 990, SCHEDULE D, PART V THE FY2024 ENDOWMENT BEGINNING BALANCE WAS ADJUSTED TO ALIGN THE FINANCIAL STATEMENTS WITH THE SCHOOL'S UNDERLYING RECORDS SUPPORTING THE DONOR RESTRICTED FUNDS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISEMENTS IN COMMUNITY NEWSPAPERS, CATALOGUES AND ORGANIZATION'S WEBSITE. X X X X X 1 ACCESSIO STRATEGIES LLC PO BOX 74 PORTSMOUTH NH 03802 CAMPAIGN CONSULTANT 0 0 57000 0 57000 MA SPRING SOCIAL 8966 8966 6923 1000 1498 8966 8966 6923 1000 1498 9421 -455 1 TUITION FINANCIAL AID 70 0 1822550 FAIR MARKET VALUE REDUCTION IN TUITION STUDENT FEES FINANCIAL AID 70 0 177175 FAIR MARKET VALUE REDUCTION IN FEES CHARGED PART I, LINE 2: GRANTS FOR FINANCIAL AID ARE NEED-BASED AND AWARDED BY THE FINANCIAL AID COMMITTEE AS DETERMINED BY FINANCIAL DISCLOSURE INFORMATION PROVIDED BY THE FAMILY OF THE RECIPIENT. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DEREK R BOONISAR HEAD OF SCHOOL 343649 0 0 0 966 0 40300 0 140545 0 525460 0 0 0 DAVID A PLATT ASSOC. HEAD FOR FINANCE & OPERATIONS 234022 0 0 0 844 0 14917 0 35190 0 284973 0 0 0 NATHANIEL CARR ASST. HEAD OF SCHOOL 146934 0 0 0 217 0 9922 0 35190 0 192263 0 0 0 JENNIFER SHEEHY DIR. OF MARKETING/ COMMUNICATIONS 128937 0 0 0 400 0 8328 0 44233 0 181898 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES THE HEAD OF SCHOOL A RESIDENCE FOR PERSONAL USE. THE HOUSING BENEFIT IS NOT TAXABLE PURSUANT TO IRC SEC. 119. THE ESTIMATED VALUE OF THIS BENEFIT FOR THE TAX YEAR WAS $48,000, AND THIS AMOUNT HAS BEEN INCLUDED IN OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (D) OF SCHEDULE J, AND COL. D OF THE FORM 990, PART VII. IN ADDITION, THE HEAD OF SCHOOL WAS PROVIDED A TAXABLE ALLOWANCE OF $3,640 FOR HEALTH CLUB DUES. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2018-01-04 4700000 REFINANCE OF PREVIOUS 2008 & 2012 BOND 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2018-05-16 4700000 PURCHASE OF PROPERTY & LAND 0 0 0 A 793148 4700000 4700000 2013 1 0 1 1 B 440786 4700000 4700000 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 1 B 1 X 10 60582 FAIR MARKET VALUE 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF GIFTS RECEIVED FOR THE SECURITIES CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS SUBMISSION TO THE IRS, THE FORM 990 IS REVIEWED BY A COMMITTEE WHICH CONSISTS OF MEMBERS OF THE FINANCE COMMITTEE, AS WELL AS THE CHAIR, VICE-CHAIR, AND TREASURER OF THE BOARD. IN ADDITION, A PUBLIC DISCLOSURE COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. NO TRUSTEE, COMMITTEE MEMBER, OFFICER OR EMPLOYEE SHALL ENGAGE IN ANY ACTION OR ACTIVITY, ACTING ON BEHALF OF THE CORPORATION, WHICH ALSO RESULTS IN A GAIN OR ADVANTAGE TO THAT INDIVIDUAL OR TO A MEMBER OF HIS OR HER IMMEDIATE FAMILY OR A BUSINESS ORGANIZATION IN WHICH SUCH PERSON HAS A SIGNIFICANT INTEREST SUCH THAT SUCH INDIVIDUAL MAY BE DEEMED TO HAVE AN "INTEREST" IN THE TRANSACTION (HEREINAFTER, AN "INTERESTED PERSON"), WITHOUT COMPLIANCE WITH SUCH APPROPRIATE REQUIREMENTS WITH RESPECT TO DISCLOSURE AS THE BOARD OF TRUSTEES OF THE CORPORATION MAY ESTABLISH FROM TIME TO TIME. IN ADDITION, NO PERSON WHO MAY BE DEEMED INTERESTED IN ANY MATTER BASED ON HIS OR HER CAPACITY AS TRUSTEE, COMMITTEE MEMBER, OFFICER OR EMPLOYEE SHALL VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND HE OR SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE APPLICABLE MEETING, EVEN WHERE PERMITTED BY LAW. THE MINUTES OF THE MEETING SHALL REFLECT THE ABSTENTION BY SUCH INTERESTED PERSON(S) FROM VOTING, THE QUORUM COUNT, AND THAT A DISCLOSURE OF SUCH POTENTIAL CONFLICT OF INTEREST WAS MADE AT THE MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S THREE YEAR CONTRACT IS REVIEWED BY THE OFFICERS OF THE BOARD-CHAIR, VICE CHAIR, SECRETARY AND TREASURER. THIS GROUP ALSO REVIEWS COMPENSATION ANNUALLY. ON A REGULAR BASIS (LAST TIME, IN OCTOBER 2023) WE BENCHMARK THE HEAD OF SCHOOL'S COMPENSATION (CASH AND BENEFITS) AGAINST OTHER EQUIVALENT SCHOOL HEADS. FOR THIS REVIEW WE USE AN OUTSIDE CONSULTANT. WHEN CONSIDERING AN ADJUSLMENT IN CFO COMPENSATION, AT A MINIMUM, THE SCHOOL WILL BENCHMARK THE POSITION AGAINST PEER SCHOOLS, LIKELY WITH THE HELP OF AN OUTSIDE CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(0). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID (GUIDESTAR) AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.