2023-11-13T12:04:58-06:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-07-01 010211536 North Yarmouth Academy NORT 2078469051 148 Main Street Yarmouth ME 04096 Linda Manchester President 2078469051 2023-11-09 1 Linda Manchester 999009999 1 Melissa Magoon CPA P01712842 2077752387 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Ben Jackson 148 Main Street Yarmouth ME 04096 15223312 0 X www.nya.org X 1814 ME Education of grades toddler through 12 24 23 185 30 67552 0 5607202 1475293 11905977 12229608 -260052 37842 -39000 -29161 17214127 13713582 3603767 3854648 0 0 6146413 6654053 190063 58736 437280 2913716 3385743 12853959 13953180 4360168 -239598 20098579 20621030 3733295 4308817 16365284 16312213 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 12144201 3854648 12229608 The Academy operates a private day school in Yarmouth, Maine with approximately 380 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 12144201 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 258 0 1 185 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 Garrett Bowne 2078475426 148 Main Street Yarmouth ME 04096 Linda Manchester President 1.00 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 22980 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 Robbin Trustee 1.00 X 0 0 0 Catriona Logan 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 Richard Abbondanza Past Vice President 1.00 X X 0 0 0 Diana Garcia Past Treasurer 1.00 X X 0 0 0 Benjamin Jackson Head of School 50.00 X 226095 0 27196 Amy Leshure Past Chief Financial Officer 50.00 X 55165 0 8813 Jennifer Richard Director of Development 50.00 X 139887 0 6936 Eric Austin Head of Upper School 50.00 X 117937 0 3673 Marissa Markonish Head of Lower and Middle Schools 50.00 X 116818 0 4044 678882 0 50662 4 0 1 0 Hebert Construction LLC 150 Mill Street Ste 3 Lewiston ME 04240 General Construction Contractor and Proj 3264389 Community Counseling Service Co Inc 155 Federal Street Suite 306 Boston MA 02110 Feasibility Study for Capital Campaign 203038 Scott Simons Architects LLC 75 York Street Portland ME 04101 Preparation of Design and Construction D 159101 Specialty Services Corp 1766 Federal Road Suite B Livermore ME 04253 Maintence of HVAC Systems and conversion 137431 4 1475293 656933 1475293 Tuition & Fees 611710 10848688 10848688 Summer Revenue 611710 513926 513926 Arena Income 531120 356521 288969 67552 Auxiliary Income 611710 302782 302782 Other Program Revenue 611710 207691 207691 12229608 119709 119709 33383 83017 -49634 -49634 -49634 1309734 1340336 51265 -30602 -51265 -81867 -81867 55585 35112 20473 20473 13713582 12162056 67552 8681 3854648 3854648 317269 317269 5150712 4599688 334653 216371 135617 110810 18761 6046 646651 568278 59657 18716 403804 340360 47962 15482 13020 3255 9765 39454 7247 32207 58736 58736 5132 5132 169088 119587 21463 28038 138124 34119 104005 443538 283092 134923 25523 104048 97106 4679 2263 625364 588110 37254 118436 118054 249 133 1103 437 444 222 71438 64294 7144 809741 727567 82174 152475 59179 92272 1024 Education Expense 531563 530499 699 365 Miscellaneous Expense 112250 25129 22760 64361 Bad Debt Expense 50969 12742 38227 13953180 12144201 1371699 437280 X 325 325 3737897 1707914 1509320 0 84480 88294 43231 126890 27727125 11954599 12134126 15772526 2219356 2513458 369844 411623 20098579 20621030 1195273 1350011 970905 1384029 177796 0 1389321 1574777 3733295 4308817 X 9004194 11756560 7361090 4555653 16365284 16312213 20098579 20621030 X -239598 144748 41779 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2395792 43514 173132 80000 2532438 2467135 335207 -346550 60000 2395792 1861505 92764 572866 60000 2467135 1737185 80819 98501 55000 1861505 1642210 82656 67319 55000 1737185 0.03316 0.83679 0.13005 0 0 199964 199964 23288806 9214621 14074185 3921859 2739978 1181881 316496 316496 15772526 10138903 144748 140353 285101 9853802 5132 3854648 3859780 13713582 10191974 98574 98574 10093400 5132 3854648 3859780 13953180 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 63,462. Fundraising Expense 35,112. Change in Value of Deferred Gifts 41,779. Part XI, Line 4b - Other Adjustments: Financial Aid 3,854,648. Part XII, Line 2d - Other Adjustments: Rental Expense 63,462. Fundraising Expense 35,112. Part XII, Line 4b - Other Adjustments: Financial Aid 3,854,648. 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 1 Community Counseling Service Co LLC 155 Federal Street Boston MA 02110 Capital Campaign Support 0 0 58736 -58736 58736 -58736 Auction 55585 55585 10135 19988 2000 2989 55585 55585 10135 19988 2000 2989 35112 20473 1 Financial Aid 171 3064724 FMV Tuition Discount Tuition Remission 41 789924 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 210636 0 10000 0 5459 0 6496 0 20700 0 253291 0 0 0 Part I, Line 1a Housing was provided to the Headmaster. Part I, Line 7 Benjamin Jackson received a bonus during 2022. The bonus is determined by the Board of Directors in its sole discretion based upon the performance of Benjamin Jackson, and the financial condition of North Yarmouth Academy. X 13 656933 FMV 0 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 41,779.