2024-11-13T15:38:41-06:00 2024-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-07-01 010211536 North Yarmouth Academy NORT 2078469051 148 Main Street Yarmouth ME 04096 James Cabot President 2078469051 2024-11-11 1 1 Melissa Magoon CPA P01712842 2077752387 2024-11-11 2023 2024-10-15 13:58:12Z Ben Jackson 148 Main Street Yarmouth ME 04096 15462448 0 X www.nya.org X 1814 ME Education of grades toddler through 12 24 23 178 30 70412 0 1475293 1170995 12229608 13818203 37842 179682 -29161 -35624 13713582 15133256 3854648 4283693 0 0 6654053 7101482 58736 30000 406408 3385743 3714187 13953180 15129362 -239598 3894 20621030 21748314 4308817 5188847 16312213 16559467 X North Yarmouth Academy is an independent, college preparatory, coeducational day school serving students in toddler through grade twelve. The school offers a structured program that sets clear standards and high expectations in an environment that emphasizes values of mutual respect, trust and community. North Yarmouth Academy is dedicated to fostering integrity, character and intellect in young adults. 0 0 13311873 4283693 13818203 The Academy operates a private day school in Yarmouth, Maine with approximately 390 students from toddler through twelfth grade.The North Yarmouth Academy program encourages students to develop:1. Problem-solving skills based on sound analytical and creative thought2. Sophistication in writing, speaking and artistic expression3. Appreciation for the importance of athletic activity, teamwork and cooperation4. Self-confidence and self-respect through a breadth of experiences that extend beyond the classroom5. Concern for the larger community and an appreciation for the natural environment6. Desire to continue the process of lifelong learning 13311873 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 68 0 1 178 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Alan Clarance 2078475426 148 Main Street Yarmouth ME 04096 Linda Manchester President 2.00 X X 0 0 0 James Cabot Vice President 1.00 X X 0 0 0 Barbara Marr Secretary 1.00 X X 0 0 0 Jason Currier Treasurer 1.00 X X 0 0 0 Nick Alberding Trustee 1.00 X 0 0 0 Freddie Daniel Trustee 1.00 X 0 0 0 James Garrett Trustee 1.00 X 0 0 0 Bob Hilscher Trustee 1.00 X 0 0 0 Nathan Isaacson Trustee 1.00 X 0 0 0 Sarah Kirby Trustee 1.00 X 0 0 0 Chris Lorenz Trustee 1.00 X 0 0 0 Jessica Lynch Trustee 1.00 X 29527 0 0 Steve Malcom Trustee 1.00 X 0 0 0 Linc Merrill Trustee 1.00 X 0 0 0 Drew Oestreicher Trustee 1.00 X 0 0 0 Lori Poulin Trustee 1.00 X 0 0 0 Christie Rana Trustee 1.00 X 0 0 0 Hannah Renyi Trustee 1.00 X 0 0 0 Peter Robbins Trustee 1.00 X 0 0 0 Catriona Sangster Trustee 1.00 X 0 0 0 Sig Schutz Trustee 1.00 X 0 0 0 Meg Stornelli Trustee 1.00 X 0 0 0 Betsy Tod Trustee 1.00 X 0 0 0 Caty Werner Trustee 1.00 X 0 0 0 Benjamin Jackson Head of School 50.00 X 234323 0 29663 Garrett Bowne Chief Financial Officer 40.00 X 43413 0 0 Jennifer Richard Director of Development 50.00 X 163136 0 8105 Eric Austin Head of Upper School 50.00 X 122510 0 4162 Marissa Markonish Head of Lower and Middle S 50.00 X 121592 0 4548 714501 0 46478 4 0 1 0 Hebert Construction LLC 150 Mill Street Ste 3 Lewiston ME 04240 Construction Contractor/Project Manager 2192055 Workgroup Technology Partners 207 Larrabee Road Westbrook ME 04092 Technology Support 172040 Culinart Group 2 International Drive Rye Brook NY 10573 Food Manangement Services 166021 3 1170995 232894 1170995 Tuition & Fees 611710 12079849 12079849 Summer Revenue 611710 602907 602907 Other Program Revenue 611710 423025 423025 Arena Income 531120 408259 337847 70412 Auxiliary Income 611710 304163 304163 13818203 167667 167667 34875 80349 -45474 -45474 -45474 218355 206340 12015 12015 12015 52353 42503 9850 9850 15133256 13747791 70412 144058 4283693 4283693 382040 382040 5434293 4935846 258762 239685 166072 137251 20007 8814 683662 606545 52103 25014 435415 370723 47057 17635 12763 3191 9572 48120 8838 39282 30000 30000 5756 5756 185784 105443 61273 19068 179073 73235 105838 450228 268411 155583 26234 103315 97756 4024 1535 711115 660193 50922 137000 129849 4766 2385 1598 882 477 239 98427 88584 9843 906089 814168 91921 158168 58252 98782 1134 Education Expense 667703 658616 7544 1543 Miscellaneous Expense 49048 10397 5529 33122 15129362 13311873 1411081 406408 X 325 325 1707914 1772420 88294 206049 126890 160390 28682534 12730920 15772526 15951614 2513458 3195375 411623 462141 20621030 21748314 1350011 1005933 1384029 1644286 938751 1574777 1599877 4308817 5188847 X 11756560 11239721 4555653 5319746 16312213 16559467 20621030 21748314 X 3894 192842 50518 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2532438 541896 268536 85000 3257870 2395792 43514 173132 80000 2532438 2467135 335207 -346550 60000 2395792 1861505 92764 572866 60000 2467135 1737185 80819 98501 55000 1861505 0.02972 0.80372 0.16656 0 0 199964 199964 24053081 9828734 14224347 4335834 2902186 1433648 93655 93655 15951614 11189328 192842 152679 345521 10843807 5756 4283693 4289449 15133256 10942074 102161 102161 10839913 5756 4283693 4289449 15129362 Part V, Line 4: Intended use of endowment funds include capital improvements, scholarships, faculty enrichment, diversity, and other various mission-related purposes. Part XI, Line 2d - Other Adjustments: Rental Expense 59,658. Fundraising Expense 42,503. Change in Value of Deferred Gifts 50,518. Part XI, Line 4b - Other Adjustments: Financial Aid 4,283,693. Part XII, Line 2d - Other Adjustments: Rental Expense 59,658. Fundraising Expense 42,503. Part XII, Line 4b - Other Adjustments: Financial Aid 4,283,693. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The racially nondiscriminatory policy is included on the Academy's website and in the Student and Parent Handbook and the Employee Handbook. X X X X X X 1 Community Counseling Service Co LLC 155 Federal Street Boston MA 02110 Capital Campaign Support 0 0 30000 -30000 30000 -30000 Auction 52353 52353 12870 24407 5226 52353 52353 12870 24407 5226 42503 9850 1 Financial Aid 184 3342428 FMV Tuition Discount Tuition Remission 47 941265 FMV Tuition Discount Part I, Line 2: All financial aid and tuition remissions are credited directly to the students account balances. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Benjamin Jackson Head of School 220437 0 10000 0 3886 0 7827 0 21836 0 263986 0 0 0 Jennifer Richard Director of Development 149750 0 10000 0 3386 0 5318 0 2787 0 171241 0 0 0 Part I, Line 1a Housing was provided to the Headmaster. Part I, Line 7 Benjamin Jackson received a bonus during 2023. The bonus is determined by the Board of Trustees in its sole discretion based upon the performance of Benjamin Jackson, and the financial condition of North Yarmouth Academy. Jennifer Richard received a retention bonus during 2023. A Maine Health and Higher Educational Facilities Authority 010314384 560425CZ1 2023-12-05 5923271 Campus Improvement Funding including wellness center, lower school, & misc 0 0 1 A 171772 1110523 29275 1081248 2024 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 Date Rebate Computation Performed Issuer Name: Maine Health and Higher Educational Facilities Authority Date the Rebate Computation was Performed: 12/05/2023 X 11 232894 Stock Market Value 0 1 0 Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CFO, Treasurer, and Head of School. Any changes/concerns are discussed with the school's audit firm and the 990 is edited as mutually agreed upon by both parties. The Audit Chairman, CFO, and Treasurer present a review of the 990 at an Audit Committee meeting. A copy of the 990 is made available for review by the Audit Committee at the meeting. Any changes/concerns are discussed and agreed upon by the committee. The Audit Committee votes to recommend the approval of the 990 to the full Board of Trustees, with the caveat that any required/desired changes to the 990 are made prior to full Board of Trustee review. Any required/desired changes discussed by the committee are then vetted with the school's audit firm and the mutually agreed upon changes are made to the 990. The 990 is made available for the full Board of Trustees review at a board meeting. The Audit Chairman presents a summary of the 990 to the full Board of Trustees. Any changes/concerns are discussed by the board. The Board of Trustees votes to approve the 990 for filing. The vote may contain a caveat of a required/desired change prior to filing. Any required/desired changes discussed at the meeting are vetted with the school's audit firm and the mutually agreed upon changes are made to the 990. Form 990, Part VI, Section B, line 12c A conflict of interest form is distributed annually to all board members. Board members are asked to complete the form and submit it to the Organization on an annual basis. The board members are also asked at the beginning of each meeting if they have any conflicts of interest. Form 990, Part VI, Section B, line 15 The Headmaster's compensation is determined by a compensation review committee (made up of the board's officers). They use comparative data supplied by NAIS and AISNE. Form 990, Part VI, Section C, line 19 North Yarmouth Academy makes its governing documents, conflict of interest policy and certain financial statements available to the public upon appropriate request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: North Yarmouth Academy 148 Main Street Yarmouth, ME 04096 EIN 01-0211536 North Yarmouth Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Deferred Gifts 50,518.