2025-05-08T11:43:48-05:00 2024-06-30 042211907 MILLER WACHMAN LLP 100 CAMBRIDGE STREET 13TH FLOOR BOSTON MA 021142548 990 2023-07-01 042104457 THE RIVERS SCHOOL CORPORATION RIVE 7812359300 333 WINTER STREET WESTON MA 024931040 KENNETH STILLWELL TREASURER 7812359300 2025-04-24 1 0 ROBIN A KATZMAN CPA P01569433 6173386800 2025-04-23 2023 2025-03-06 01:10:19Z RYAN DAHLEM 333 WINTER STREET WESTON MA 024931040 76189009 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. 29 29 423 345 309856 0 5330019 4089218 34024928 36106876 2753447 1042001 480584 364464 42588978 41602559 7030196 7344643 0 0 21669446 23880977 19070 94496 2676872 11691070 12176096 40409782 43496212 2179196 -1893653 119027612 122293218 28765773 28711814 90261839 93581404 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 30669122 7123631 31808750 SCHOOL PROGRAM - THE INSTRUCTION OF 525 STUDENTS - GRADE 6-12. THE SCHOOL YEAR RUNS FROM SEPTEMBER TO JUNE. 2983641 221011 3198954 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 290458 0 552173 SUMMER CAMP PROGRAM - THE INSTRUCTION AND SUPERVISION OF CAMPERS IN ARTS, CRAFTS, AND OUTDOOR ACTIVITIES. 1070910 0 656530 OTHER SCHOOL PROGRAMS - VARIOUS EXTRA - CURRICULAR ACTIVITIES. 1070910 0 656530 35014131 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 1 106 0 1 423 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 29 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 PRESIDENT 2.50 X X 0 0 0 ALISON HALL CLERK 1.80 X X 0 0 0 ALISON MONAGHAN TRUSTEE 0.80 X 0 0 0 ANDREW C DELINSKY TRUSTEE 0.80 X 0 0 0 CHRIS LEE TRUSTEE - ELECTED 6/12/24 0.80 X 0 0 0 DERRICK ROSSI TRUSTEE 0.80 X 0 0 0 JAMES CROOM TRUSTEE 0.80 X 0 0 0 JANICE MORRIS TRUSTEE - TERMED 6/12/24 0.80 X 0 0 0 JOHN FOLEY TRUSTEE - TERMED 6/12/24 0.80 X 0 0 0 JOHN MALDONADO TRUSTEE 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 KATHRYN FAGIN TRUSTEE - ELECTED 6/12/24 0.80 X 0 0 0 KENNETH STILLWELL TREASURER 1.80 X X 0 0 0 KIERA CARLISLE TRUSTEE 0.80 X 0 0 0 LOUISE CUMMINGS OFFICER 1.80 X X 0 0 0 MARC ROSENFELD TRUSTEE - ELECTED 6/12/24 0.80 X 0 0 0 MARK BENJAMIN TRUSTEE 0.80 X 0 0 0 MEGHAN G SWENSON TRUSTEE 0.80 X 0 0 0 MICHAEL LEE TRUSTEE 0.80 X 0 0 0 PENELOPE R FIREMAN TRUSTEE 0.80 X 0 0 0 PETER WALTER OFFICER 1.80 X X 0 0 0 RACHEL HUNTER-GOLDMAN TRUSTEE 0.80 X 0 0 0 ROGER RANDALL TRUSTEE 1.00 X 0 0 0 SCOTT HOLMES TRUSTEE 0.80 X 0 0 0 SHEILA HIATT OFFICER 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 - TERMED 6/30/23 60.00 X 465381 0 109754 RYAN S DAHLEM HEAD OF SCHOOL 60.00 X 314816 0 92262 JONATHAN D WASSERMAN CHIEF FINANCIAL OFFICER 60.00 X 257836 0 25630 KRISTEN MENSING ASSISTANT CLERK - TERMED 1/24/23 37.50 X 10642 0 4246 JOAN WHALEN ASSISTANT CLERK - ELECTED 1/24/23 37.50 X 84056 0 25386 KRISTEN KELLEHER ASSOC HEAD SCHOOL DEVEL&EX 60.00 X 260709 0 81273 JAMES M LONG ASSISTANT HEAD OF SCHOOL 50.00 X 178129 0 52514 GABRIELLA SANNA DIRECTOR OF RSC 60.00 X 195232 0 11828 MELISSA ANDERSON HEAD OF UPPER SCHOOL 50.00 X 174130 0 122801 COLETTE PORTER DIRECTOR OF MARKETING & COMM 50.00 X 155315 0 700 YASSINE TALHAOUI DIRECTOR OF ADMISSIONS 50.00 X 162674 0 16071 2258920 0 542465 41 0 1 0 FLIK INDEPENDENT SCHOOL DINING 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICE PROVIDER 1494783 PHIL MASTROIANNI CORP 17 FOUNTAIN STREET WALTHAM MA 02453 LANDSCAPE DESIGN / RENOVATIONS 639833 LOCAL MOTION 66B ROCSAM PARK RD BRAINTREE MA 02184 TRANSPORTATION 493619 ACOUSTICAL PRODUCTS CO INC 191 PROSPECT STREET ASHLAND MA 01721 RENOVATIONS AND REPAIRS 222360 AMBIENT TEMPERATURE CORP 14 GRAF ROAD NEEDHAM MA 01950 HVAC SERVICES 219622 6 39669 20000 4029549 290332 4089218 TUITION INCOME 900099 31808750 31808750 RIVERS SCHOOL CONSERVATORY 900099 3198954 3198954 SUMMER CAMPS 900099 552173 552173 SCHOOL ACTIVITIES 900099 546999 546999 36106876 887845 887845 76554 97401 -20847 -20847 -20847 34437477 34283321 154156 154156 154156 45910 39669 84636 -38726 -38726 5560 910 4650 4650 108950 120182 -11232 -11232 ATHLETIC FACILITY RENTS 713990 309856 309856 MISC. INCOME 900099 78662 78662 NEXTEL RENTAL 900002 42101 42101 430619 41602559 36216407 309856 987078 7344643 7344643 1850162 62558 1432060 355544 17576954 14783073 1607732 1186149 1237424 962775 189672 84977 1841974 1458934 224417 158623 1374463 1048592 219718 106153 29042 29042 71500 71500 94496 94496 40239 40239 108688 108688 21973 300 21673 388301 291226 77660 19415 1052157 748148 278503 25506 366798 366798 3733580 3277320 419368 36892 341846 246037 87771 8038 LUNCH PROGRAM 1165840 990964 116584 58292 UTILITIES 865813 695210 156290 14313 DEVELOPMENT OFFICE 511492 511492 OTHER SCHOOL ACTIVITIES 507991 507991 2970836 2229562 724292 16982 43496212 35014131 5805209 2676872 21236667 16536430 240374 331024 2830491 1099963 106671 170054 81632 51953 474862 671086 100426749 46377020 53448594 54049729 2495205 39971197 46199547 637124 688227 119027612 122293218 2296945 2279980 12140281 12405052 13949248 13614147 379299 412635 28765773 28711814 X 66226465 68757395 24035374 24824009 90261839 93581404 119027612 122293218 -1893653 5213218 0 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 34607109 4505213 5435301 1365971 43181652 32058605 670776 3167514 1289786 34607109 36951569 1149904 -4721451 1321417 32058605 27474394 1355409 8836560 714794 36951569 26940396 2145208 -584594 1026616 27474394 0.66050 0.33950 0.00000 0 0 4447846 4447846 88285728 40930466 47355262 5934518 4648779 1285739 1758657 797775 960882 54049729 MONEY MARKET FUNDS 6291210 F NAV MEASURED INVESTMENTS 571023 F LIMITED PARTNERSHIPS 39337314 F 46199547 OTHER LIABILITIES 284687 CAPITAL LEASE OBLIGATION 127948 412635 X 39958150 5213218 303128 5516346 34441804 40239 7120516 7160755 41602559 36638585 303128 303128 36335457 40239 7120516 7160755 43496212 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 97,401. COGS REPORTED ON PART VIII LINE 10B 120,182. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 85,545. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND TUITION REMISSION 7,120,516. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 97,401. COGS REPORTED ON PART VIII LINE 10B 120,182. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 85,545. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND TUITION REMISSION 7,120,516. 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 HURON CONSULTING SERVICES PO BOX 71223 CHICAGO IL 60694 PROFESSIONAL CONSULTING 0 0 55027 0 GRENZEBACH GLIER & ASSOCIATES PO BOX 775324 CHICAGO IL 60677 PROFESSIONAL CONSULTING 0 0 37129 0 92156 MA GOLF EVENT 26826 3676 23150 6403 13557 1212 HOLIDAY POPS 45798 30053 15745 10079 2238 72624 33729 38895 6403 23636 3450 33489 5406 1 FINANCIAL AID 134 5589897 TUITION REMISSION 27 1533735 RIVERS CONSERVATORY FINANCIAL AID 97 221011 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 PARENT PROVIDED FINANCIAL STATEMENTS AS WELL AS PARENT W2 FORMS AND THEIR MOST RECENT FEDERAL TAX RETURNS. THIS INFORMATION IS COMPILED IN A THIRD-PARTY TOOL THAT HELPS THE SCHOOL ANALYZE AND MAKE AWARD DETERMINATIONS. AWARDS CAN ALSO BE ADJUSTED, AS NECESSARY, TO REFLECT SUPPLEMENTAL INFORMATION PROVIDED BY THE PARENTS. X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 EDWARD V PARSONS HEAD OF SCHOOL - TERMED 6/30/23 455478 0 0 0 9903 0 20000 0 89924 0 575305 0 0 0 RYAN S DAHLEM HEAD OF SCHOOL 314471 0 0 0 345 0 6250 0 86203 0 407269 0 0 0 KRISTEN KELLEHER ASSOC HEAD SCHOOL DEVEL&EX 260320 0 0 0 389 0 25936 0 55662 0 342307 0 0 0 MELISSA ANDERSON HEAD OF UPPER SCHOOL 173900 0 0 0 230 0 12128 0 110880 0 297138 0 0 0 JONATHAN D WASSERMAN CHIEF FINANCIAL OFFICER 254248 0 0 0 3588 0 25630 0 332 0 283798 0 0 0 JAMES M LONG ASSISTANT HEAD OF SCHOOL 177022 0 0 0 1107 0 18793 0 34023 0 230945 0 0 0 GABRIELLA SANNA DIRECTOR OF RSC 194863 0 0 0 369 0 11828 0 154 0 207214 0 0 0 YASSINE TALHAOUI DIRECTOR OF ADMISSIONS 162533 0 0 0 141 0 4882 0 11398 0 178954 0 0 0 COLETTE PORTER DIRECTOR OF MARKETING & COMM 155006 0 0 0 309 0 0 0 888 0 156203 0 0 0 PART I, LINE 4A EDWARD V. PARSONS $266,666 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. SCHEDULE J, PART I LINE 1A-HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: AS PART OF HIS DUTIES AS HEAD OF SCHOOL, RYAN DAHLEM IS REQUIRED TO STAY ON CAMPUS IN A SCHOOL OWNED HOUSE. INCLUDED IN MR. DAHLEM'S SCHEDULE J PART II COLUMN (D) NONTAXABLE BENEFITS IS AN AMOUNT FOR 5% OF THE VALUE OF THE HOUSE. 56805 TUITION REMISSION EDUCATION ASSISTANCE X 19 288279 VALUE AT DONATION DATE X RAFFLE GIFTS 7 2054 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 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.