2023-05-15T14:59:15-04:00 2022-06-30 814987490 DOUCETTE & DOUCETTE CPAS LLC 31 HAYWARD ST STE 2F FRANKLIN MA 02038 990 2021-07-01 042668765 MONTROSE FOUNDATION INC MONT 5083592423 29 NORTH STREET MEDFIELD MA 02052 DONNA STROUSE CHIEF FINANCE & OPER 5083592423 2023-05-15 true DONNA STROUSE 999009999 DENISE M SMITH CPA P01476230 5083393078 2023-05-15 2021 2023-04-26 12:10:37Z DONNA STROUSE 29 NORTH STREET MEDFIELD MA 02052 7817887 false X WWW.MONTROSESCHOOL.ORG X 1978 MA TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNDATION OF A RICH LIBERAL ARTS CURRICULUM, PERSONAL CHARACTER FORMATION, AND COLLABORATION WITH PARENTS. EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON. 12 12 113 250 -2619 1898848 961586 6628914 6696986 488 196 225500 -11139 8753750 7647629 2262490 2123167 0 3736801 3961242 0 145212 2219716 2220515 8219007 8304924 534743 -657295 18590536 17933464 4607886 5178217 13982650 12755247 X TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNDATION OF A RICH LIBERAL ARTS CURRICULUM, PERSONAL CHARACTER FORMATION, AND COLLABORATION WITH PARENTS. EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON. false false 6188012 2123167 6696986 THE EDUCATION AND DEVELOPMENT OF LOCAL, NATIONAL, AND INTERNATIONAL YOUNG WOMEN FROM GRADES 6-12. 6188012 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 28 0 113 true true true false false false false false false false X 12 12 false false false false true true true true true false false false true true true true true false false false MA X DONNA STROUSE 5083592423 29 NORTH STREET MEDFIELD MA 02052 X KATHLEEN ELROD- FMR ASST HEAD OF SC HEAD OF SCHO 40.00 X 127500 0 4524 MARY LASHMIT DIR. OF DEVE 40.00 X 125000 0 4484 MYRNA FLYNN DIR. OF COMM 40.00 X 105000 0 4151 KAREN BOHLIN FMR HEAD OF 40.00 X 102308 0 3504 ERICA BACHIOCHI TRUSTEE 10.00 X 0 0 0 WILLIAM BOWMAN TRUSTEE 10.00 X 0 0 0 TODD CASSLER TRUSTEE 10.00 X 0 0 0 TOM CORRA TRUSTEE 10.00 X 0 0 0 DR JANE ANN DRIVER TRUSTEE 10.00 X 0 0 0 MELANIE FRANCIS TRUSTEE 10.00 X 0 0 0 CALVIN HARRISON TRUSTEE 10.00 X 0 0 0 NEIL JACOB TRUSTEE 10.00 X 0 0 0 WILLIAM NOONAN CHAIRMAN 10.00 X 0 0 0 MARY OLOHAN TRUSTEE 10.00 X 0 0 0 MICHAEL ROBERTO TRUSTEE 10.00 X 0 0 0 KESTAS SEREIVA TRUSTEE 10.00 X 0 0 0 459808 16663 4 false false false 161321 500 799765 46448 961586 TUITION, GROSS 611600 6696986 6696986 6696986 196 196 65843 68462 -2619 -2619 -2619 26628 161321 101796 -75168 -75168 OTHER REVENUE 66648 66648 66648 7647629 6763634 -2619 -74972 2123167 2123167 3409639 1992024 1328016 89599 28632 17179 11453 258750 155250 103500 264221 158533 105688 6750 4050 2700 53350 32010 21340 10000 6000 4000 182564 139321 43243 181741 109045 72696 115759 69455 46304 392642 314113 78529 31001 24801 6200 116614 93291 23323 548833 439066 109767 74706 59765 14941 STUDENT ACTIVITIES 323428 323428 INSTRUCTIONAL EXPENSE 72498 72498 BAD DEBT EXPENSE 50278 50278 IN-KIND DONATIONS 46448 46448 13903 4738 9165 8304924 6188012 1971700 145212 1561203 1174920 21912 8901 23561934 6836218 17029333 16725716 2015 18590536 17933464 655488 1390718 1500974 2970008 2889656 247160 132099 4607886 5178217 X 13982650 12565694 189553 13982650 12755247 18590536 17933464 X -657295 -627882 57774 X X false true X true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172678 172678 0.71000 0.29000 false false 1943713 1943713 13758394 4211726 9546668 7173556 2107463 5066093 268767 172637 96130 417504 344392 73112 16725716 OTHER CURRENT LIABILITIES 128381 LEASE DEPOSITS 3718 132099 5694720 -1952909 -1952909 7647629 7647629 6352016 -1952908 -1952908 8304924 8304924 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION INTENDS TO USE THE ENDOWMENT FOR STUDENT SCHOLARSHIPS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENT EXPENSE 68,462 FUNDRAISING EXPENSE 101,796 TUITION ASSISTANCE AND SCHOLARSHIPS -2,123,167 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENT EXPENSE 68,462 FUNDRAISING EXPENSE 101,796 TUITION ASSISTANCE AND SCHOLARSHIPS -2,123,167 ROUNDING 1 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THE ABOVE POLICIES ARE MADE KNOWN DURING THE REGISTRATION PROCESS. GALA AND OTHER 187949 161321 26628 1000 5864 34048 29422 5092 26370 187949 161321 26628 1000 5864 34048 29422 5092 26370 101796 -75168 false TUITION ASSISTANCE 102 1802147 SCHOLARSHIPS 57 321020 X AUCTION ITEMS 1 46448 APPROXIMATE FAIR VALUE false false false FORM 990 - ORGANIZATION'S MISSION TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNDATION OF A RICH LIBERAL ARTS CURRICULUM, PERSONAL CHARACTER FORMATION, AND COLLABORATION WITH PARENTS. EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION MEMBERS ARE MADE UP OF THE ORGINAL INCORPORATORS, TRUSTEES AND OFFICERS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBER TRUSTEES AND OFFICERS OF THE GOVERNING BODY ARE NOMINATED AND ELECTED BY OTHER MEMBERS AND TRUSTEES AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B THE GOVERNING BODY HAS COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE DETAILS OF FORM 990 ARE LEFT UP TO THE FINANCIAL OFFICER AS STATED IN THE ORGANIZATIONS BYLAWS. FORM 990, PAGE 6, PART VI, LINE 12C ANY BOARD MEMBER WHO RECEIVES A WRITTEN INQUIRY, COMPLAINT, OR SUGGESTION SHALL PRESENT IT BEFORE THE BOARD AT THE NEXT BOARD MEETING. AFTER AN INQUIRY, COMPLAINT OR SUGGESTION HAS BEEN HEARD BY THE BOARD AND IF IT IS FOUND TO BE OF MERIT, ANY ACTION TAKEN SHALL BE BY APPROVAL BY THE VOTE OF THE BOARD. IF THE MATTER IF FOUND TO BE WITHOUT MERIT, OR IF THE BOARD VOTES TO TABLE OR DISMISS THE ISSUE, THE PETITIONER SHALL BE NOTIFIED OF THE OUTCOME IN WRITING BY THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 CONVERT TO ACRUAL BASIS FOR TAXES ADJUSTMENT 57,774 OTHER CHANGE IN NET ASSETS IS TO CONVERT TAX FILINGS FROM CASH TO ACCRUAL BASIS. SEE FORM 3115. FORM 990, PAGE 12, PART XII, LINE 1 THE ORGANIZATION CHANGED FROM THE CASH METHOD OF ACCOUNTING TO THE ACCRUAL MEHTOD OF ACCOUNTING FOR TAX PURPOSES. THIS CHANGE WAS TO HAVE THE TAX RETURN METHOD OF ACCOUNTING BE THE SAME AS THE FINANCIAL STATMENT METHOD OF ACCOUNTING. SEE FORM 3115.