THE CHARLES RIVER SCHOOL: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE CHARLES RIVER SCHOOL (EIN 04-2103974)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202401359349310755
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T15:45:21-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103974 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHARLES RIVER SCHOOL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 5087850068 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRE STREET PO BOX 339 | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 020300339 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRED RAMOS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 5087850068 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FRED | PersonFirstNm |
| Person Last | RAMOS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JUSTIN K LEROUX CPA | PreparerPersonNm |
| PTIN | P01722988 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRED RAMOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRE STREET | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,731,914 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | CHARLESRIVERSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1918 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | CHARLES RIVER SCHOOL IS AN INDEPENDENT SCHOOL OFFERING STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE A STRONG ACADEMIC PROGRAM IN AN ENVIRONMENT THAT CELEBRATES LEARNING AND VALUES EACH MEMBER OF ITS COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | -$37,045 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $723,100 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,040,047 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,574,653 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,757,296 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,015,546 | PYInvestmentIncomeAmt |
| CY Investment Income | $378,258 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$44,035 | PYOtherRevenueAmt |
| CY Other Revenue | $29,745 | CYOtherRevenueAmt |
| PY Total Revenue | $10,269,264 | PYTotalRevenueAmt |
| CY Total Revenue | $11,205,346 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,230,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,144,636 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,996,548 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,938,719 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $441,518 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,461,306 | PYOtherExpensesAmt |
| CY Other Expenses | $3,696,541 | CYOtherExpensesAmt |
| PY Total Expenses | $9,687,854 | PYTotalExpensesAmt |
| CY Total Expenses | $10,779,896 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $581,410 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $425,450 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,731,703 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,378,941 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,069,681 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,739,573 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $19,662,022 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,639,368 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CHARLES RIVER SCHOOL IS AN INDEPENDENT SCHOOL OFFERING STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE A STRONG ACADEMIC PROGRAM IN AN ENVIRONMENT THAT CELEBRATES LEARNING AND VALUES EACH MEMBER OF ITS COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,443,765 | ExpenseAmt |
| Grant | $1,144,636 | GrantAmt |
| Revenue | $7,843,713 | RevenueAmt |
| Desc | SCHOOL- CHARLES RIVER SCHOOL IS AN INDEPENDENT SCHOOL OFFERING STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE EIGHT A STRONG ACADEMIC PROGRAM IN AN ENVIRONMENT THAT CELEBRATES LEARNING AND VALUES EACH MEMBER OF ITS COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $629,906 | ExpenseAmt |
| Revenue | $797,979 | RevenueAmt |
| Desc | SUMMER PROGRAM- CRS SUMMER IS A SUMMER PROGRAM FOR CHILDREN 4-16 YEARS OF AGE. STUDENTS CHOOSE FROM VARIOUS PROGRAMS INCLUDINGTHE CREATIVE/PERFORMING ARTS, STEM, AND ENTREPRENEURSHIP. CRS SUMMER PROGRAMS RUN FOR 8 WEEKS DURING THE SUMMER. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $101,878 | ExpenseAmt |
| Revenue | $182,394 | RevenueAmt |
| Desc | EXTENDED DAY PROGRAM- THE EXTENDED DAY PROGRAM IS AN IMPORTANT EXTENSION OF THE SCHOOL DAY. WE OFFER CHILDREN BOTH TEACHER-DIRECTED ACTIVITIES AND THE FREEDOM TO MAKE THEIR OWN CHOICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,175,549 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 40 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 114 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LILY YEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5088750068 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 CENTRE STREET | AddressLine1Txt |
| City | DOVER | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02030 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MARGARET LARKIN | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | Yes (X) | $290,000 | $0 | $25,743 | |
| LILY YEE | |||||||
| DIRECTOR OF FINANCE | 40.00 | Yes (X) | $157,350 | $0 | $15,071 | ||
| ELIZABETH CLAYTON | |||||||
| ASSOCIATE HEAD OF SCHOOL | 40.00 | $144,929 | $0 | $11,415 | Yes (X) | ||
| JULIE POWERS | |||||||
| DIRECTOR OF MARKETING AND COMMUNICATIONS | 40.00 | $128,840 | $0 | $17,374 | Yes (X) | ||
| STEVEN TRUST | |||||||
| DIRECTOR OF ACADEMIC TECHNOLOGY | 40.00 | $128,451 | $0 | $12,391 | Yes (X) | ||
| KATHERINE WHITTEN | |||||||
| DIRECTOR OF ADMISSIONS | 40.00 | $125,000 | $0 | $7,247 | Yes (X) | ||
| NIA JACOBS | |||||||
| DIRECTOR OF EQUITY, BELONGING AND COMMUNITY LIFE | 40.00 | $121,799 | $0 | $5,830 | Yes (X) | ||
| LESLIE JACKSON JUDGE | |||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LAURA KUNKEMUELLER | |||||||
| VICE PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FRED RAMOS | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HEATHER WILLIS | |||||||
| CLERK | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TRACY-ANN BAIN | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AQUEELA CULBREATH-BRITT | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN FRANTZ | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY GALINDO-RODRIGUEZ | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE GINSBERG | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA GRIMM | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES MCELLIGOTT | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK STANEK | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOANNA TRAVIS | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTINA WESTERLING | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILL WILLIS | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATE PAGLIA | |||||||
| PA CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TESSA STEINERT | |||||||
| EDUCATIONAL STAFF TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE LEVINE | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW GALLINARO | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID ITZKOVITS | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEIRDRE LEVINE | |||||||
| BOARD OF TRUSTEES | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,096,369 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $95,071 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SCHERNECKER PROPERTY SERVICES INC | |||||
| 63 KENDRICK ST 102 | NEEDHAM | MA | 02494 | CONSTRUCTION | $1,017,937 |
| FLIK | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | FOOD | $501,969 |
| AMERICAN REFRIGERATION COMPANY | |||||
| 11572 DAVIS CREEK CT | JACKSONVILLE | FL | 32256 | HVAC SERVICES | $206,788 |
| LOCAL MOTION OF BOSTON INC | |||||
| 161 NORTH STREET | NEWTON | MA | 02460 | TRANSPORTATION | $136,588 |
| UG2 LLC | |||||
| 2 COPLEY PLACE TOWER 2 SUITE 100 | BOSTON | MA | 02116 | CLEANING SERVICES | $108,586 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,040,047 | AllOtherContributionsAmt |
| Noncash Contributions | $358,007 | NoncashContributionsAmt |
| Total Contributions | $2,040,047 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611110 | $7,843,713 | $7,843,713 |
| CHARLES RIVER CREATIVE | 611110 | $797,979 | $797,979 |
| PROGRAM FEES | 900090 | $115,604 | $115,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,757,296 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $221,355 | TotalRevenueColumnAmt |
| Exclusion | $221,355 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $80,056 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $117,101 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$37,045 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$37,045 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$37,045 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,566,370 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,409,467 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $156,903 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,903 | TotalRevenueColumnAmt |
| Exclusion | $156,903 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $66,790 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $66,790 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $66,790 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,205,346 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,824,086 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$37,045 | UnrelatedBusinessRevenueAmt |
| Exclusion | $378,258 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,144,636 | TotalAmt |
| Program Services | $1,144,636 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,388 | TotalAmt |
| Program Services | $351,672 | ProgramServicesAmt |
| Management And General | $100,478 | ManagementAndGeneralAmt |
| Fundraising | $50,238 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,388,771 | TotalAmt |
| Program Services | $2,749,773 | ProgramServicesAmt |
| Management And General | $1,469,228 | ManagementAndGeneralAmt |
| Fundraising | $169,770 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,850 | TotalAmt |
| Program Services | $104,356 | ProgramServicesAmt |
| Management And General | $56,193 | ManagementAndGeneralAmt |
| Fundraising | $6,301 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $526,996 | TotalAmt |
| Program Services | $332,364 | ProgramServicesAmt |
| Management And General | $172,427 | ManagementAndGeneralAmt |
| Fundraising | $22,205 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,714 | TotalAmt |
| Program Services | $224,082 | ProgramServicesAmt |
| Management And General | $113,893 | ManagementAndGeneralAmt |
| Fundraising | $15,739 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,737 | TotalAmt |
| Management And General | $49,737 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500 | TotalAmt |
| Management And General | $500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,524 | TotalAmt |
| Management And General | $42,524 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,276 | TotalAmt |
| Program Services | $12,278 | ProgramServicesAmt |
| Management And General | $56,515 | ManagementAndGeneralAmt |
| Fundraising | $2,483 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,933 | TotalAmt |
| Program Services | $31,793 | ProgramServicesAmt |
| Management And General | $122,975 | ManagementAndGeneralAmt |
| Fundraising | $55,165 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,622 | TotalAmt |
| Program Services | $16,688 | ProgramServicesAmt |
| Management And General | $93,934 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031,810 | TotalAmt |
| Program Services | $96,430 | ProgramServicesAmt |
| Management And General | $935,380 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,994 | TotalAmt |
| Program Services | $138,782 | ProgramServicesAmt |
| Management And General | $11,849 | ManagementAndGeneralAmt |
| Fundraising | $2,363 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,692 | TotalAmt |
| Management And General | $2,692 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,772 | TotalAmt |
| Program Services | $16 | ProgramServicesAmt |
| Management And General | $280,945 | ManagementAndGeneralAmt |
| Fundraising | $4,811 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $859,474 | TotalAmt |
| Program Services | $782,324 | ProgramServicesAmt |
| Management And General | $77,150 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $479,829 | $466,285 | $13,385 | $159 |
| CONTRACTUAL SERVICES | $154,445 | $24,053 | $120,102 | $10,290 |
| MISCELLANEOUS | $78,574 | $10,364 | $18,606 | $49,604 |
| PROFESSIONAL DEVELOPMEN | $77,566 | $12,839 | $60,876 | $3,851 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,793 | TotalAmt |
| Program Services | $676,814 | ProgramServicesAmt |
| Management And General | -$636,560 | ManagementAndGeneralAmt |
| Fundraising | $48,539 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,779,896 | TotalAmt |
| Program Services | $7,175,549 | ProgramServicesAmt |
| Management And General | $3,162,829 | ManagementAndGeneralAmt |
| Fundraising | $441,518 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,932,606 | BOYAmt |
| EOY | $1,824,335 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $484,213 | BOYAmt |
| EOY | $89,493 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,867,125 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,818,208 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,830,226 | BOYAmt |
| EOY | $19,048,917 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,484,658 | BOYAmt |
| EOY | $9,379,945 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $36,251 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,731,703 | BOYAmt |
| EOY | $30,378,941 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $673,954 | BOYAmt |
| EOY | $682,083 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,475,160 | BOYAmt |
| EOY | $1,272,398 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,920,567 | BOYAmt |
| EOY | $7,748,841 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $36,251 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,069,681 | BOYAmt |
| EOY | $9,739,573 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,927,256 | BOYAmt |
| EOY | $14,603,973 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,734,766 | BOYAmt |
| EOY | $6,035,395 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,662,022 | BOYAmt |
| EOY | $20,639,368 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,731,703 | BOYAmt |
| EOY | $30,378,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $425,450 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $551,896 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,569,658 | BeginningYearBalanceAmt |
| Contributions | $387,250 | ContributionsAmt |
| Investment Earnings Or Losses | $882,761 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $425,019 | OtherExpendituresAmt |
| End Year Balance | $9,414,650 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,425,089 | BeginningYearBalanceAmt |
| Contributions | $85,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,210,431 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $730,000 | OtherExpendituresAmt |
| End Year Balance | $8,569,658 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,424,942 | BeginningYearBalanceAmt |
| Contributions | $239,559 | ContributionsAmt |
| Investment Earnings Or Losses | $2,430,588 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $670,000 | OtherExpendituresAmt |
| End Year Balance | $10,425,089 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,417,703 | BeginningYearBalanceAmt |
| Contributions | $235,125 | ContributionsAmt |
| Investment Earnings Or Losses | $102,114 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $330,000 | OtherExpendituresAmt |
| End Year Balance | $8,424,942 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,680,965 | BeginningYearBalanceAmt |
| Contributions | $10,000 | ContributionsAmt |
| Investment Earnings Or Losses | $426,738 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $700,000 | OtherExpendituresAmt |
| End Year Balance | $8,417,703 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.35980 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.62130 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01890 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $867,564 | OtherCostOrOtherBasisAmt |
| Book Value | $867,564 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,045,238 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,442,256 | DepreciationAmt |
| Book Value | $17,602,982 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $954,323 | OtherCostOrOtherBasisAmt |
| Depreciation | $375,952 | DepreciationAmt |
| Book Value | $578,371 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $19,048,917 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE OBLIGATION | Desc |
| Amt | $36,251 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $36,251 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,687,183 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $551,896 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,027,535 | OtherRevenueAmt |
| Revenue Not Reported | -$475,639 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,162,822 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $42,524 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $42,524 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,205,346 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,709,837 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $117,101 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $117,101 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,592,736 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $42,524 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,144,636 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,187,160 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,779,896 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS -1,144,636. RENTAL EXPENSES INCLUDED IN EXPENSES ON THE AUDITED FINANCIAL STATEMENTS 117,101. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES INCLUDED IN EXPENSES ON THE AUDITED FINANCIAL STATEMENTS 117,101. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS 1,144,636. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL COMMUNICATIONS. SPECIFICALLY, IT WAS ADVERTISED IN THE BOSTON GLOBE NEWSPAPER AS PART OF THE ASSOCIATION FOR INDEPENDENT SCHOOLS IN NEW ENGLAND PUBLIC NOTICE OF NON-DISCRIMINATION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION FINANCIAL AID | GrantTypeTxt |
| Recipient | 44 | RecipientCnt |
| Cash Grant | $1,144,636 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE2, PART III, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | FINANCIAL AID IS GRANTED ON THE BASIS OF FINANCIAL NEED AND IS NETTED AGAINST GROSS TUITION AND FEES. DEPENDENTS OF THE SCHOOLS EMPLOYEES PAY TUITION UNLESS THEY QUALIFY ON THE SAME NEED BASIS AS NON-EMPLOYEE STUDENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARGARET LARKIN | ||||||||||||||
| HEAD OF SCHOOL | $290,000 | $0 | $0 | $0 | $0 | $0 | $11,847 | $0 | $13,896 | $0 | $315,743 | $0 | $0 | $0 |
| LILY YEE | ||||||||||||||
| DIRECTOR OF FINANCE | $157,350 | $0 | $0 | $0 | $0 | $0 | $7,100 | $0 | $7,971 | $0 | $172,421 | $0 | $0 | $0 |
| ELIZABETH CLAYTON | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $144,929 | $0 | $0 | $0 | $0 | $0 | $6,538 | $0 | $4,877 | $0 | $156,344 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| Bond Issued | 2017-08-10 | BondIssuedDt |
| Issue Price | $10,350,000 | IssuePriceAmt |
| Purpose | TO CONSTRUCT A MIDDLE SCHOOL | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $2,452,604 | RetiredAmt |
| Total Proceeds | $10,350,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $179,395 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $9,520,605 | CapitalExpendituresAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $318,437 | NoncashContributionsRptF990Amt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|---|
| Yes (X) | TICKETS | 38 | $25,000 |
| Yes (X) | FOOD | 52 | $10,370 |
| Yes (X) | DRUM SETS | 3 | $4,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ACCORDING TO THE BY LAWS OF THE SCHOOL, MEMBERSHIP IN THE SCHOOL CONSISTS OF THE PARENTS OF THE CHILDREN ENROLLED IN THE SCHOOL, THE BOARD OF TRUSTEES, MEMBERS OF THE EDUCATIONAL STAFF AND PARENT COUNCIL. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACCORDING TO THE BY LAWS, THE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY AND APPROVE AMMENDMENTS TO THE BY LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BUSINESS MANAGER AND THE HEAD OF SCHOOL FOR REVIEW. ONCE MANAGEMENT REVIEW HAS BEEN COMPLETED, THE DRAFT COPY IS PROVIDED TO THE GOVERNING BOARD FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CHARLES RIVER SCHOOL, INC. REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED FOR REVIEW TO THE SCHOOL. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CHARLES RIVER SCHOOL, INC'S HEAD OF SCHOOL REQUIRES REVIEW AND APPROVAL BY A COMPENSATION COMMITTEE, WHICH IS APPOINTED BY THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE IS COMPRISED OF ACTIVE BOARD OF TRUSTEES MEMBERS. ALL OTHER EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE HEAD OF THE SCHOOL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND THE FORM PC IS FILED WITH THE DIVISION OF PUBLIC CHARITIES. |
| FORM 990, PART XII, LINE 2C: | PROCEDURES DID NOT CHANGE FROM PRIOR YEAR. |
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