MOUNT PROSPECT ACADEMY INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MOUNT PROSPECT ACADEMY INC (EIN 32-0048804)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-03
IRS object ID
202431249349301628
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-03T09:45:00-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010523282PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Berry Dunn McNeil & Parker LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12211 Congress StAddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320048804EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Mount Prospect AcademyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMOUNBusinessNameControlTxt
Phone6035361102PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 328AddressLine1Txt
CityPlymouthCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03268ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn SearsPersonNm
Person TitleCFOPersonTitleTxt
Phone6035361102PhoneNum
Signature2024-04-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohnPersonFirstNm
Person LastSearsPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJoseph R ByrnePreparerPersonNm
PTINP01289281PTIN
Phone2077752387PhoneNum
Preparation2024-04-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJeffrey CaronPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 328AddressLine1Txt
CityPlymouthCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03268ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$54,688,110GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.mountprospectacademy.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateNHLegalDomicileStateCd
Activity Or MissionOperation of a school and residential treatment facility for children and troubled youth together with related community based services.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee764TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$963,514PYContributionsGrantsAmt
CY Contributions Grants$6,497,779CYContributionsGrantsAmt
PY Program Service Revenue$42,187,358PYProgramServiceRevenueAmt
CY Program Service Revenue$47,962,275CYProgramServiceRevenueAmt
PY Investment Income$26,646PYInvestmentIncomeAmt
CY Investment Income$186,402CYInvestmentIncomeAmt
PY Other Revenue$7,771PYOtherRevenueAmt
CY Other Revenue$2,774CYOtherRevenueAmt
PY Total Revenue$43,185,289PYTotalRevenueAmt
CY Total Revenue$54,649,230CYTotalRevenueAmt
PY Grants And Similar Paid$1,537PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,166CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$27,116,429PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$32,495,692CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,141,194PYOtherExpensesAmt
CY Other Expenses$11,549,771CYOtherExpensesAmt
PY Total Expenses$37,259,160PYTotalExpensesAmt
CY Total Expenses$44,048,629CYTotalExpensesAmt
PY Revenues Less Expenses$5,926,129PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,600,601CYRevenuesLessExpensesAmt
Total Assets BOY$31,241,305TotalAssetsBOYAmt
Total Assets EOY$42,195,235TotalAssetsEOYAmt
Total Liabilities BOY$10,176,389TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,529,718TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$21,064,916NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$31,665,517NetAssetsOrFundBalancesEOYAmt
MissionOperation of a school and residential treatment facilities for at risk children and youth together with related community based services for youth and families to support community engagement and transition.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$34,669,451ExpenseAmt
Grant$3,166GrantAmt
Revenue$47,962,275RevenueAmt
DescTuition, room, board and related expenses of operating a school and residential treatment facility together with ancillary programs.Desc
Total Program Service Expenses$34,669,451TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document54IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee764EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1John Sears CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6034138158PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 328AddressLine1Txt
CityPlymouthCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03268ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Rob Bannon
Director1.000.00Yes (X)$0$0$0
Jonathan Bownes
Director1.000.00Yes (X)$0$0$0
Ben Cronin
Director1.000.00Yes (X)$0$0$0
Paul Fitzgerald
Director1.000.00Yes (X)$0$0$0
Charles Wheeler
Director1.000.00Yes (X)$0$0$0
John Sears
CFO30.000.00$185,720$0$21,915Yes (X)
Jeffrey Caron
President30.000.00$299,044$0$36,010Yes (X)
Susan Beck-Dore
Vice President40.000.00$254,699$0$40,939Yes (X)
Jeffrey Park
Secretary39.000.00$117,342$0$29,683Yes (X)
John R Fulp
Director of Operations40.000.00$221,726$0$17,712Yes (X)
James A Marshall
Head of Schools40.000.00$194,333$0$30,262Yes (X)
Lara J Saffo
Chief Compliance Officer40.000.00$160,716$0$35,323Yes (X)
Sarah Caron
Director of Quality Control40.000.00$141,511$0$5,660Yes (X)
Rachel G Umberger
Executive Director40.000.00$130,011$0$29,122Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,705,102TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$246,626TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K15IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1All-Access InfoTech LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 109AddressLine1Txt
CityOrfordCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03777ZIPCd
FieldValueIRS element (for citing)
ServicesInformation TechnologyServicesDesc
Compensation$505,251CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Fundraising$13,881FundraisingAmt
Government Grants$6,423,518GovernmentGrantsAmt
All Other Contributions$60,380AllOtherContributionsAmt
Noncash Contributions$5,700NoncashContributionsAmt
Total Contributions$6,497,779TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition611600$47,733,429$47,733,429
Other Income611600$172,649$172,649
State Nutrition611600$56,197$56,197
FieldValueIRS element (for citing)
Total Program Service Revenue$47,962,275TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$182,782TotalRevenueColumnAmt
Exclusion$182,782ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$33,565RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$30,791RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,774RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,774TotalRevenueColumnAmt
Exclusion$2,774ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,620SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,620SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,620TotalRevenueColumnAmt
Exclusion$3,620ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,089FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$13,881ContriRptFundraisingEventAmt
Fundraising Direct Expenses$8,089FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,649,230TotalRevenueColumnAmt
Related Or Exempt Func Income$47,962,275RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$189,176ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,166TotalAmt
Program Services$3,166ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$985,352TotalAmt
Program Services$777,758ProgramServicesAmt
Management And General$207,594ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$25,677,928TotalAmt
Program Services$20,268,110ProgramServicesAmt
Management And General$5,409,818ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$415,630TotalAmt
Program Services$328,163ProgramServicesAmt
Management And General$87,467ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,445,834TotalAmt
Program Services$2,719,749ProgramServicesAmt
Management And General$726,085ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,970,948TotalAmt
Program Services$1,555,711ProgramServicesAmt
Management And General$415,237ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$80,836TotalAmt
Management And General$80,836ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$85,420TotalAmt
Management And General$85,420ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,130,134TotalAmt
Program Services$1,061,681ProgramServicesAmt
Management And General$68,453ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$15,023TotalAmt
Program Services$11,861ProgramServicesAmt
Management And General$3,162ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,339,311TotalAmt
Program Services$2,708,060ProgramServicesAmt
Management And General$631,251ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,856,484TotalAmt
Program Services$1,480,691ProgramServicesAmt
Management And General$375,793ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,207,575TotalAmt
Program Services$1,015,508ProgramServicesAmt
Management And General$192,067ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$693,644TotalAmt
Program Services$547,025ProgramServicesAmt
Management And General$146,619ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$334,735TotalAmt
Program Services$264,282ProgramServicesAmt
Management And General$70,453ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,390,857TotalAmt
Program Services$1,109,339ProgramServicesAmt
Management And General$281,518ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$465,368TotalAmt
Program Services$371,483ProgramServicesAmt
Management And General$93,885ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Student Clothing & Pers$630,907$158,790$472,117
Miscellaneous$205,696$174,293$31,403
Bad Debt Expense$110,591$110,591
Farm$3,190$3,190

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$44,048,629TotalAmt
Program Services$34,669,451ProgramServicesAmt
Management And General$9,379,178ManagementAndGeneralAmt
Fundraising$0FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$93,075BOYAmt
EOY$129,829EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$11,815,488BOYAmt
EOY$16,727,785EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,526,101EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,642,556BOYAmt
EOY$6,806,340EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$226,908BOYAmt
EOY$538,016EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$22,899,726LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,671,843LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,257,381BOYAmt
EOY$13,227,883EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,035,965EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,205,897BOYAmt
EOY$203,316EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,241,305BOYAmt
EOY$42,195,235EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,403,823BOYAmt
EOY$2,092,103EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,038,055BOYAmt
EOY$6,378,637EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$734,511BOYAmt
EOY$2,058,978EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,176,389BOYAmt
EOY$10,529,718EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,064,916BOYAmt
EOY$31,665,517EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,064,916BOYAmt
EOY$31,665,517EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,241,305BOYAmt
EOY$42,195,235EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,600,601ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,907,880OtherCostOrOtherBasisAmt
Book Value$1,907,880BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,134,697OtherCostOrOtherBasisAmt
Depreciation$5,685,971DepreciationAmt
Book Value$8,448,726BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,420,484OtherCostOrOtherBasisAmt
Depreciation$1,098,083DepreciationAmt
Book Value$1,322,401BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,265,265OtherCostOrOtherBasisAmt
Depreciation$693,046DepreciationAmt
Book Value$572,219BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,171,400OtherCostOrOtherBasisAmt
Depreciation$2,194,743DepreciationAmt
Book Value$976,657BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,227,883TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Due to Related Parties$744,507
Operating Lease Obligation$646,956
Financing Lease Obligation$385,320
Refundable Advances$215,805
Deferred Compensation$66,390
FieldValueIRS element (for citing)
Total Liability$2,058,978TotalLiabilityAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3The Organization has no solicitation or registration period for its students. The Organization accepts all students referred from the state and local governments and school districts with special needs serviced by the Organization.
Schedule E, Part I, Line 6The agency's operations are funded through contracts with government agencies. The majority of revenues are contingent upon adequate government funding.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Golf TournamentEvent1Nm
Gross Receipts Event1$21,970GrossReceiptsEvent1Amt
Charitable Contri Event1$13,881CharitableContriEvent1Amt
Gross Revenue Event1$8,089GrossRevenueEvent1Amt
Non Cash Prizes Event1$700NonCashPrizesEvent1Amt
Rent Facility Costs Event1$4,200RentFacilityCostsEvent1Amt
Food And Beverage Event1$2,756FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$433OtherDirectExpensesEvent1Amt
Gross Receipts Total$21,970GrossReceiptsTotalAmt
Charitable Contributions Tot$13,881CharitableContributionsTotAmt
Gross Revenue Total Events$8,089GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$700NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$4,200RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$2,756FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$433OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$8,089DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Jeffrey Caron
President$299,044$0$0$0$0$0$11,077$0$24,933$0$335,054$0$0$0
Susan Beck-Dore
Vice President$254,699$0$0$0$0$0$10,614$0$30,325$0$295,638$0$0$0
John R Fulp
Director of Operations$221,726$0$0$0$0$0$8,932$0$8,780$0$239,438$0$0$0
James A Marshall
Head of Schools$194,333$0$0$0$0$0$0$0$30,262$0$224,595$0$0$0
John Sears
CFO$185,720$0$0$0$0$0$4,377$0$17,538$0$207,635$0$0$0
Lara J Saffo
Chief Compliance Officer$160,716$0$0$0$0$0$6,817$0$28,506$0$196,039$0$0$0
Rachel G Umberger
Executive Director$130,011$0$0$0$0$0$5,212$0$23,910$0$159,133$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSarah CaronPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFamily member of Jeffrey Caron, PresidentRelationshipDescriptionTxt
Transaction$147,171TransactionAmt
TransactionEmploymentTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bForm 990 is reviewed by the Organization's management and is then presented to the board by mail prior to the next board meeting.
Form 990, Part VI, Section B, line 12cConflicts of interest are reviewed at the board level in connection with any transaction and also via an annual disclosure process documented in board minutes. To formalize this process, the disclosure of conflicts is on the agenda of the annual board meeting, and at applicable other Board meetings.
Form 990, Part VI, Section B, line 15The board reviews external data, deliberates, and determines the appropriate level of compensation. The process is documented in the minutes and dialogue takes place outside of the presence of the compensated party. In the case of key employees hired by the President, external benchmarking data from reputable sources are evaluated.
Form 990, Part VI, Section C, line 19The Organization makes its governing documents, conflict of interest policy, or financial statements available to the public upon request.
Form 990, Part X, Line 10: Land, Buildings, and EquipmentSection 1.263(a)-3(n) Election: Mount Prospect Academy P.O. Box 328 Plymouth, NH 03268 EIN: 32-0048804 Mount Prospect Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1New Hampshire Youth Program for Motorsports LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 118AddressLine1Txt
CityPlymouthCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03264ZIPCd
FieldValueIRS element (for citing)
EIN920512904EIN
Primary ActivitiesOther Schools and InstructionPrimaryActivitiesTxt
Legal Domicile StateNHLegalDomicileStateCd
Total Income$77,072TotalIncomeAmt
End Of Year Assets$44,389EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Mount Prospect AcademyBusinessNameLine1Txt

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