2024-05-13T15:38:41-05:00 2023-06-30 042211907 MILLER WACHMAN LLP 100 CAMBRIDGE STREET 13TH FLOOR BOSTON MA 021142548 990 2022-07-01 042104457 THE RIVERS SCHOOL CORPORATION RIVE 7812359300 333 WINTER STREET WESTON MA 024931040 KENNETH STILLWELL TREASURER 7812359300 2024-05-10 1 KENNETH STILLWELL 999009999 0 ROBIN A KATZMAN CPA P01569433 6173386800 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDWARD V PARSONS 333 WINTER STREET WESTON MA 024931040 86361622 0 X WWW.RIVERS.ORG X 1924 MA THE RIVERS SCHOOL IS A COED COLLEGE PREPARATORY DAY SCHOOL FOR GRADES 6 THROUGH 12. RIVERS CHALLENGES STUDENTS TO ATTAIN THEIR HIGHEST LEVELS OF EXCELLENCE IN ACADEMICS, ARTS, AND ATHLETICS. WE SET HIGH STANDARDS AND EXPECT STUDENTS TO PARTICIPATE ACTIVELY IN THEIR LEARNING. WE CULTIVATE A CARING, RESPECTFUL, AND COLLABORATIVE ENVIRONMENT THAT ENCOURAGES STUDENT PERFORMANCE, INCLUDING DEMONSTRATION OF LOGICAL THOUGHT, INFORMED AND ARTICULATE VOICE, CREATIVE VISION, AND INTEGRITY. RIVERS IS DEDICATED TO PREPARING ITS STUDENTS FOR LEADERSHIP IN A WORLD THAT NEEDS THEIR TALENTS, IMAGINATION, INTELLECT, AND COMPASSION. 27 27 430 430 354471 0 5541130 5330019 32185444 34024928 177612 2753447 543314 480584 38447500 42588978 6826489 7030196 0 0 20357288 21669446 38100 19070 2331771 10784237 11691070 38006114 40409782 441386 2179196 114545125 119027612 27195012 28765773 87350113 90261839 X THE RIVERS SCHOOL IS A COED COLLEGE PREPARATORY DAY SCHOOL FOR GRADES 6 THROUGH 12. RIVERS CHALLENGES STUDENTS TO ATTAIN THEIR HIGHEST LEVELS OF EXCELLENCE IN ACADEMICS, ARTS, AND ATHLETICS. WE SET HIGH STANDARDS AND EXPECT STUDENTS TO PARTICIPATE ACTIVELY IN THEIR LEARNING. WE CULTIVATE A CARING, RESPECTFUL, AND COLLABORATIVE ENVIRONMENT THAT ENCOURAGES STUDENT PERFORMANCE, INCLUDING DEMONSTRATION OF LOGICAL THOUGHT, INFORMED AND ARTICULATE VOICE, CREATIVE VISION, AND INTEGRITY. RIVERS IS DEDICATED TO PREPARING ITS STUDENTS FOR LEADERSHIP IN A WORLD THAT NEEDS THEIR TALENTS, IMAGINATION, INTELLECT, AND COMPASSION. 0 0 27950923 6851041 30018100 SCHOOL PROGRAM - THE INSTRUCTION OF 515 STUDENTS - GRADE 6-12. THE SCHOOL YEAR RUNS FROM SEPTEMBER TO JUNE. 2761382 179155 3046844 MUSIC CONSERVATORY - OFFERS PREMIER CLASSICAL AND JAZZ MUSIC EDUCATION AND PERFORMANCE PROGRAMS THAT DEVELOP THE HIGHEST LEVELS OF ARTISTIC AND TECHNICAL ACHIEVEMENT IN STUDENT MUSICIANS OF ALL AGES 138501 0 477435 SUMMER CAMP PROGRAM - THE INSTRUCTION AND SUPERVISION OF CAMPERS IN ARTS, CRAFTS, AND OUTDOOR ACTIVITIES. 1076934 639747 OTHER SCHOOL PROGRAMS - VARIOUS EXTRA - CURRICULAR ACTIVITIES. 1076934 639747 31927740 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 107 0 1 430 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X JONATHAN D WASSERMAN 7812359300 THE RIVERS SCHOOL 333 WINTER STREET WESTON MA 02493 ALAN D ROSE JR TRUSTEE THROUGH 12/31/22, PRESIDENT EFFECTIVE 1/1/ 2.50 X X 0 0 0 ALISON HALL TRUSTEE, CLERK - ELECTED 6/1/23 1.50 X X 0 0 0 ALISON MONAGHAN TRUSTEE 0.80 X 0 0 0 ANDREW C DELINSKY TRUSTEE 0.80 X 0 0 0 DANIEL R REVERS TRUSTEE - TERMED 6/1/23 0.80 X 0 0 0 DENNIS BALDWIN TRUSTEE - TERMED 6/1/23 0.80 X 0 0 0 DERRICK ROSSI TRUSTEE - ELECTED 6/1/23 0.80 X 0 0 0 HARLEY LANK PRESIDENT THROUGH 12/31/22, TRUSTEE FROM 1/1/23 FO 2.50 X X 0 0 0 HEIDI C PEARLSON CLERK THROUGH 1/24/23, TRUSTEE FROM 1/25 FORWARD, 1.00 X X 0 0 0 JAMES CROOM TRUSTEE 0.80 X 0 0 0 JAMES F CARLIN III TRUSTEE - TERMED 6/1/23 0.80 X 0 0 0 JANICE MORRIS TRUSTEE 0.80 X 0 0 0 JAY M GROSSMAN TREASURER - TERMED 6/1/23 1.80 X X 0 0 0 JEMEA GOSO '04 TRUSTEE - TERMED 1/1/23 0.80 X 0 0 0 JOHN FOLEY TRUSTEE 0.80 X 0 0 0 JOHN MALDONADO TRUSTEE 0.80 X 0 0 0 JON BAKER JR TRUSTEE - TERMED 12/31/22 0.80 X 0 0 0 JONATHAN H PAUL VICE PRESIDENT 2.50 X X 0 0 0 JULIE CONDRON TRUSTEE 0.80 X 0 0 0 JULIE LEE TRUSTEE 0.80 X 0 0 0 KENNETH STILLWELL TRUSTEE, TREASURER - ELECTED 6/1/23 1.00 X X 0 0 0 KIERA CARLISLE TRUSTEE - ELECTED 6/1/23 0.80 X 0 0 0 LOUISE CUMMINGS TRUSTEE 1.80 X X 0 0 0 MARK BENJAMIN TRUSTEE 0.80 X 0 0 0 MEGHAN G SWENSON TRUSTEE - ELECTED 6/1/23 0.80 X 0 0 0 MICHAEL LEE TRUSTEE - ELECTED 6/1/23 0.80 X 0 0 0 MICHAEL LONDON TRUSTEE 0.80 X 0 0 0 PENELOPE R FIREMAN TRUSTEE - ELECTED 6/1/23 0.80 X 0 0 0 PETER WALTER TRUSTEE 1.80 X X 0 0 0 RACHEL HUNTER-GOLDMAN TRUSTEE 0.80 X 0 0 0 ROGER RANDALL TRUSTEE 0.80 X 0 0 0 SCOTT HOLMES TRUSTEE 0.80 X 0 0 0 SHEILA HIATT TRUSTEE, CLERK - ELECTED 1/19/23 UNTIL 5/31/23, TR 1.80 X X 0 0 0 SUSAN JANOSKY TRUSTEE 0.80 X 0 0 0 SUSAN RAPPLE TRUSTEE 0.80 X 0 0 0 EDWARD V PARSONS HEAD OF SCHOOL 60.00 X 396976 0 181053 JONATHAN D WASSERMAN CHIEF FINANCIAL OFFICER 60.00 X 247307 0 24594 KRISTEN MENSING ASSISTANT CLERK - TERMED 1/24/23 37.50 X 91391 0 8994 JOAN WHALEN ASSISTANT CLERK - ELECTED 1/24/23 37.50 X 0 0 0 KRISTEN KELLEHER ASSOC HEAD SCHOOL DEVEL&EXT 60.00 X 250065 0 109045 JAMES M LONG ASSISTANT HEAD OF SCHOOL 50.00 X 171478 0 52313 GABRIELLA SANNA DIRECTOR OF RSC 60.00 X 152852 0 15352 MELISSA ANDERSON HEAD OF UPPER SCHOOL 50.00 X 148944 0 108875 JOHN BOWER HEAD OF MIDDLE SCHOOL 50.00 X 143145 0 45507 GILLIAN LLOYD DIRECTOR OF ADMISSIONS 50.00 X 157594 0 26246 1759752 0 571979 33 0 1 0 BOWDOIN CONSTRUCTION CORPORATION 220-1 RESERVOIR STREET NEEDHAM MA 02494 BUILDING RENOVATIONS 3688073 FLIK INDEPENDENT SCHOOL DINING 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICE PROVIDER 1344850 LOCAL MOTION 66B ROCSAM PARK RD BRAINTREE MA 02184 TRANSPORTATION 501768 ACOUSTICAL PRODUCTS CO INC 942 NAUTILUS ISLE DANIA BEACH FL 33004 RENOVATIONS AND REPAIRS 230384 GDI SERVICES INC 220 RESERVOIR STREET SUITE 19 NEEDHAM MA 02494 JANITORIAL SERVICES 214200 10 30590 20000 5279429 483257 5330019 TUITION INCOME 900099 30018100 30018100 RIVERS SCHOOL CONSERVATORY 900099 3046844 3046844 SCHOOL ACTIVITIES 900099 482550 482550 SUMMER CAMPS 900099 477434 477434 34024928 485044 485044 73422 91996 -18574 -18574 -18574 45807570 43539167 2268403 2268403 2268403 45710 30590 61814 -16104 -16104 3955 362 3593 3593 80768 79305 1463 1463 ATHLETIC FACILITY RENTS 713990 354471 354471 MISC. INCOME 900099 118561 118561 NEXTEL RENTAL 900002 37174 37174 510206 42588978 34182126 354471 2722362 7030196 7030196 1125851 45294 754896 325661 16427537 12938545 2446456 1042536 1098453 838997 186295 73161 1758572 1327969 282475 148128 1259033 929955 234104 94974 30229 30229 70300 70300 19070 19070 156523 156523 26740 26740 336694 252520 67339 16835 1007297 716250 266629 24418 358361 358361 3474606 3049994 390279 34333 323641 232934 83097 7610 LUNCH PROGRAM 1071242 910556 107124 53562 UTILITIES 731676 581045 137993 12638 OTHER SCHOOL ACTIVITIES 663059 663059 RIVERS SCHOOL CONSERVAT 483373 370857 89683 22833 2957329 1681208 820109 456012 40409782 31927740 6150271 2331771 21939976 21236667 1081844 240374 4060512 2830491 188344 106671 24143 81632 323489 474862 96312072 42863478 53968515 53448594 8002752 0 24356966 39971197 598584 637124 114545125 119027612 2386660 2296945 11569699 12140281 12980693 13949248 257960 379299 27195012 28765773 X 64320443 66226465 23029670 24035374 87350113 90261839 114545125 119027612 X 2179196 729530 3000 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 0 0 1 0 0 403540 X 0 32058605 670776 3167514 1289786 34607109 36951569 1149904 -4721451 1321417 32058605 27474394 1355409 8836560 714794 36951569 26940396 837781 -584594 -280811 27474394 25246751 2059767 669821 1035943 26940396 0.46500 0.38630 0.14870 0 0 3110945 3110945 85285738 37700082 47585656 5932594 4472795 1459799 1982795 690601 1292194 53448594 MONEY MARKET FUNDS 18140131 F NAV MEASURED INVESTMENTS 10762 F LIMITED PARTNERSHIPS 21820304 F 39971197 OTHER LIABILITIES 233584 CAPITAL LEASE OBLIGATION 145715 379299 X 36545687 729530 233477 963007 35582680 156523 6849775 7006298 42588978 33636961 233477 233477 33403484 156523 6849775 7006298 40409782 PART II, LINE 9: THE SCHOOL HAS INCLUDED IN ITS BALANCE SHEET AS PART OF LAND AND BUILDINGS THE CAPITALIZATION OF CERTIFIED HISTORIC STRUCTURES. PART III, LINE 4: THE SCHOOL'S RECORDING COLLECTION CONTAINS ONE OF THE MOST EXTENSIVE COLLECTIONS OF OPERA RECORDINGS IN THE UNITED STATES. THESE RECORDINGS, COMBINED WITH THOUSANDS OF OTHER INSTRUMENTAL AND VOCAL RECORDINGS WILL PROVIDE A HISTORICAL AND EDUCATIONAL LISTENING RESOURCE FOR STUDENTS AND FACULTY AT THE RIVERS SCHOOL CONSERVATORY AND THE SCHOOL. THE SCHOOL'S DINOSAUR FOSSIL COLLECTION WILL SERVE AS A HISTORICAL AND SCIENTIFIC RESOURCE AND AS AN EDUCATIONAL EXHIBIT FOR STUDENTS AND FACULTY. THE SCHOOL MAINTAINS A COLLECTION OF HISTORICALLY SIGNIFICANT PHOTOGRAPHS THAT WILL BE DISPLAYED BY THE SCHOOL AND USED BY STUDENTS AND FACULTY AS AN EDUCATIONAL RESOURCE. PART V, LINE 4: THE ENDOWMENT SUPPORTS THE EDUCATIONAL MISSION OF THE SCHOOL BY PROVIDING SUPPORT FOR FINANCIAL AID FOR STUDENTS, FACULTY RELATED EXPENSES, SCHOOL PROGRAMS, SCHOOL FACILITIES, AS WELL AS GENERAL SUPPORT FOR SCHOOL OPERATIONS. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE 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. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND THE UNRELATED BUSINESS INCOME GENERATED FROM THE RENTAL OF THE SCHOOL'S CAMPUS FACILITIES AS 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: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 91,996. COGS REPORTED ON PART VIII LINE 10B 79,305. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 62,176. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND TUITION REMISSION 6,849,775. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 91,996. COGS REPORTED ON PART VIII LINE 10B 79,305. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 62,176. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND TUITION REMISSION 6,849,775. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATION POLICY AS TO STUDENTS APPEARS ON THE HOMEPAGE OF OUR WEBSITE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED A GRANT FOR $20,000 FROM THE MASSACHUSETTS CULTURAL COUNCIL TO SUPPORT THE RIVERS SCHOOL CONSERVATORY. X X X X X X X 1 JH ADVISORSLLC 71 NORTHGATE RD WELLESLEY MA 02481 PROFESSIONAL CONSULTING 0 0 19070 0 19070 MA GOLF EVENT 31555 3100 28455 5190 13668 3052 HOLIDAY POPS 38100 26770 11330 6554 2968 1 5850 5850 2025 1875 5318 75505 29870 45635 2025 7065 20222 11338 40650 4985 1 FINANCIAL AID 125 5274688 TUITION REMISSION 29 1576353 RIVERS CONSERVATORY FINANCIAL AID 106 179155 PART I, LINE 2: THE SCHOOL AWARDS FINANCIAL AID BASED UPON FINANCIAL NEED IN AN OBJECTIVE AND NON-DISCRIMINATORY MANNER. THE SCHOOL MAINTAINS FILES ON EACH SUCCESSFUL CANDIDATE FOR NEED BASED FINANCIAL AID WHICH INCLUDES A COMPLETED "PARENT FINANCIAL STATEMENT"(PFS) PROVIDED BY THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID (SSS) FORMS AND COPIES OF THE MOST RECENT FILING OF THE PARENTS' 1040 FEDERAL TAX RETURN. THE SCHOOL USES THE INFORMATION PROVIDED BY THE ANALYSIS OF THE PFS BY SSS TO HELP MAKE AWARD DETERMINATIONS. AWARDS ARE ALSO ADJUSTED, AS NECESSARY, TO REFLECT SUPPLEMENTAL INFORMATION PROVIDED BY THE PARENTS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 EDWARD V PARSONS HEAD OF SCHOOL 377686 0 0 0 19290 0 30500 0 150960 0 578436 0 0 0 KRISTEN KELLEHER ASSOC HEAD SCHOOL DEVEL&EXT 249696 0 0 0 369 0 24888 0 84468 0 359421 0 0 0 JONATHAN D WASSERMAN CHIEF FINANCIAL OFFICER 246749 0 0 0 558 0 24594 0 319 0 272220 0 0 0 MELISSA ANDERSON HEAD OF UPPER SCHOOL 148728 0 0 0 216 0 2975 0 106053 0 257972 0 0 0 JAMES M LONG ASSISTANT HEAD OF SCHOOL 170433 0 0 0 1045 0 18005 0 34600 0 224083 0 0 0 JOHN BOWER HEAD OF MIDDLE SCHOOL 143033 0 0 0 112 0 15105 0 30591 0 188841 0 0 0 GILLIAN LLOYD DIRECTOR OF ADMISSIONS 156847 0 0 0 747 0 8807 0 17607 0 184008 0 0 0 GABRIELLA SANNA DIRECTOR OF RSC 152331 0 0 0 521 0 15352 0 228 0 168432 0 0 0 SCHEDULE J, PART I LINE 1A-HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS PART OF HIS DUTIES AS HEAD OF SCHOOL, EDWARD PARSONS IS REQUIRED TO STAY ON CAMPUS IN A SCHOOL OWNED HOUSE. INCLUDED IN MR. PARSONS' SCHEDULE J PART II COLUMN (D) NONTAXABLE BENEFITS IS AN AMOUNT FOR 5% OF THE VALUE OF THE HOUSE. 84157 TUITION REMISSION EDUCATION ASSISTANCE X 15 413877 VALUE AT DONATION DATE X INSTRUMENTS 3 66500 FAIR MARKET VALUE X RAFFLE GIFTS 10 2880 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990, ABSENT SCHEDULE B, IS ELECTRONICALLY DISTRIBUTED TO ALL TRUSTEES PRIOR TO THE BOARD OF TRUSTEES MEETING. DUE TO THE CONFIDENTIAL NATURE OF DONOR INFORMATION PROVIDED ON SCHEDULE B, AND SINCE SCHEDULE B IS NOT OPEN TO PUBLIC INSPECTION, THE SCHOOL HAS DECIDED THAT IT WILL NOT DISCLOSE THE DETAILED DONOR INFORMATION PROVIDED ON SCHEDULE B TO MEMBERS OF THE BOARD OF TRUSTEES BEFORE FILING THE RETURN WITH THE IRS. ALL OTHER FORMS AND SCHEDULES THAT ARE ULTIMATELY FILED WITH THE IRS ARE PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW IN ADVANCE OF FILING. THE FORM 990 IS APPROVED BY THE BOARD OF TRUSTEES OR RETURNED FOR ADDITIONAL PREPARATION AND THEN APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL ANNUALLY DISTRIBUTES TO ALL TRUSTEES, KEY EMPLOYEES AND OTHER COMMITTEE MEMBERS AN ELECTRONIC CONFLICT OF INTEREST SURVEY/QUESTIONNAIRE. THE RETURNED QUESTIONNAIRES ARE REVIEWED AND COMPILED BY THE SCHOOL'S FINANCIAL OFFICE AND THE RESULTS ARE PRESENTED TO THE SCHOOL'S AUDIT COMMITTEE. ANY ISSUES FOUND THAT THE AUDIT COMMITTEE BELIEVES ARE OF A CONCERN ARE FORWARDED TO THE SCHOOL'S GOVERNANCE COMMITTEE FOR FURTHER ACTION. THE COMPLETED QUESTIONNAIRES ARE MAINTAINED AS PART OF THE SCHOOL'S CORPORATE RECORDS BY THE ASSISTANT CLERK. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD, MAKES UP THE SCHOOL'S COMPENSATION COMMITTEE. THE COMMITTEE RELIES ON COMPARATIVE DATA FROM SURVEYS CONDUCTED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND COMPARABLE DATA PROVIDED BY OTHER SCHOOLS ON THEIR IRS FORM 990 IN SETTING THE SALARY FOR THE HEAD OF SCHOOL. DOCUMENTATION OF THE BASIS OF DETERMINATION OF THE SALARY IS KEPT IN MINUTES PREPARED BY THE CLERK OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS DELEGATED THE AUTHORIZATION OF THE SALARIES OF ALL EMPLOYEES, INCLUDING KEY EMPLOYEES, TO THE HEAD OF SCHOOL AND IS BASED ON COMPARABLE INFORMATION OBTAINED FROM SOURCES SUCH AS THE IRS FORM 990 OF OTHER SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL RELIES ON THE WEBSITE OF THE MASSACHUSETTS' ATTORNEY GENERAL'S OFFICE OF PUBLIC CHARITIES DIVISION IN ORDER FOR THE PUBLIC TO ACCESS A COPY OF THE SCHOOL'S AUDITED FINANCIAL STATEMENTS AND FORM 990. THE SCHOOL RELIES ON GUIDESTAR TO POST THE FORM 990. THE SCHOOL RELIES ON THE WEBSITE OF THE MASSACHUSETTS' SECRETARY OF STATE'S OFFICE FOR PUBLIC ACCESS TO THE SCHOOL'S GOVERNING DOCUMENTS. THE SCHOOL'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE SCHOOL'S BY-LAWS ARE MADE AVAILABLE ON THE MASSACHUSETTS' ATTORNEY GENERAL'S OFFICE OF PUBLIC CHARITIES DIVISION WEBSITE. FORM 990, PART XI, LINE 9: GAIN ON DISPOSAL OF EQUIPMENT 3,000. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES HAS AN AUDIT COMMITTEE THAT IS COMPRISED OF 3 MEMBERS, TWO OF WHICH ARE TRUSTEES, THAT IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT, FOR MEETING WITH THE SELECTED AUDITORS PRIOR TO AND AT THE COMPLETION OF THE AUDIT, AND FOR REVIEWING ACCOUNTING POLICIES AND PROCEDURES.