2023-11-29T15:19:34-06:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-07-01 010247002 George Stevens Academy GEOR 2073745081 23 Union Street Blue Hill ME 046140816 Shelley Borror Jackson Interim Head of School 2073745081 2023-11-29 1 Shelley Borror Jackson 999009999 1 Melissa Magoon CPA P01712842 2077752387 2023-11-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Shelley Borror Jackson 23 Union Street Blue Hill ME 046140816 9753799 0 X www.georgestevensacademy.org X 1943 ME George Stevens Academy is an independent high school located on the coast of Maine. 14 14 111 25 0 0 673575 947791 4483320 4692932 2098880 -584150 23124 35728 7278899 5092301 177579 166342 0 0 4101007 4624462 0 0 242292 1753260 1634732 6031846 6425536 1247053 -1333235 14316753 13989461 1944382 1790738 12372371 12198723 X George Stevens's Academy is an independent high school located on the coast of Maine. Grounded in its traditions and commitment to the area's small towns. The Academy is a caring educational community invested in meeting the needs of each student. The Academy offers a challenging comprehensive program of studies that fosters intellectual inquiry and the pursuit of knowledge, inspires creativity, develops self-reliance, and prepares its graduates for a purposeful life in an ever-changing world. 0 0 4672250 4692932 Provide secondary education to approximately 282 students. 166342 166342 Provide financial assistance to graduating students who are furthering their education. Scholarships are granted on the basis of merit and type of continuing education. 4838592 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 111 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X Shelley Borror Jackson 2073742808 23 Union Street Blue Hill ME 04614 X Sally Mills Chair 2.00 X X 0 0 0 Deb Ludlow Vice Chair 2.00 X X 0 0 0 Terry Moulton Treasurer 2.00 X X 0 0 0 Bill Case Secretary 2.00 X X 0 0 0 Amy Baker Trustee 2.00 X 0 0 0 Sara Becton Ardrey Trustee 2.00 X 0 0 0 Alden Blodgett Trustee 2.00 X 0 0 0 Rachel Grivois Past Trustee 2.00 X 0 0 0 Kenelm Guinness Trustee 2.00 X 0 0 0 Prudy Heilner Trustee 2.00 X 0 0 0 Tyler Knowles Trustee 2.00 X 0 0 0 Sue Loomis Trustee 2.00 X 0 0 0 Tony Politano Trustee 2.00 X 0 0 0 Robyn Sealander Trustee 2.00 X 0 0 0 Zoe Tenney Trustee 2.00 X 0 0 0 Michael Astbury Past Trustee 2.00 X 0 0 0 Sally Chadbourne Past Trustee 2.00 X 0 0 0 Mark Hurvitt Past Trustee 2.00 X 0 0 0 Timothy Seeley Head of School 40.00 X 154542 0 26717 Brock Muir Director of Finance 40.00 X 55698 0 14760 210240 0 41477 1 0 1 1 Home Roofing Solutions 161 Stage Road Etna ME 04434 Roof Replacement 166725 Theriault Technologies 15 Field Road Searsport ME 04974 Install Fiber Optic Throughout Campus 106419 2 3165 208371 736255 116921 947791 Tuition 611110 4561670 4561670 Food Service 611110 70904 70904 Other Program Revenue 611110 60358 60358 4692932 133446 133446 3790598 133000 4500707 140487 -710109 -7487 -717596 -717596 56032 3165 20304 35728 35728 5092301 4692932 0 -548422 166342 166342 251718 251718 3513994 2729299 641180 143515 85277 80873 4404 649068 608797 40271 124405 83328 30333 10744 27434 1062 26372 26231 17000 9231 19839 19839 212057 55818 130603 25636 2007 570 1437 83567 41369 34782 7416 63499 21895 24743 16861 211936 211936 31340 25521 5819 48697 48697 144115 131581 12534 98889 98823 66 Education Programming 289726 289577 149 Miscellaneous 133898 40026 55752 38120 Food Purchases 130391 130391 Equipment Rental & Main 111106 104384 6722 6425536 4838592 1344652 242292 X 460058 840789 733015 429795 40000 13000 314600 172994 189812 101800 10290186 4315316 5998185 5974870 6581083 6456213 14316753 13989461 676515 531890 327179 323967 24140 15703 61691 65533 554857 503645 300000 350000 1944382 1790738 X 2857335 2446276 9515036 9752447 12372371 12198723 14316753 13989461 X -1333235 1134078 25509 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 10452713 56616 560204 702075 19839 10347619 12098934 135433 -1518568 245903 17183 10452713 10416880 15300 1734635 30125 37756 12098934 10475058 41850 198766 269225 29569 10416880 9732564 1021503 324097 572109 30497 10475558 0.11153 0.70465 0.18382 0 0 489988 489988 8973589 4111130 4862459 207983 129285 78698 618626 74901 543725 5974870 6313114 1134078 53274 53300 1240652 5072462 19839 19839 5092301 6486762 53274 27791 81065 6405697 19839 19839 6425536 Part IV, Line 2b: Custodial funds are held for international students and for student government. Part V, Line 4: The Academy's endowment consists of funds established for a variety of purposes and includes donor-restricted endowment funds. Part XI, Line 2d - Other Adjustments: Returned Scholarships 25,509. Fundraising Expenses 20,304. Loss on Sale of Fixed Assets 7,487. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 20,304. Loss on Sale of Fixed Assets 7,487. 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The school has the policy on the school website Schedule E, Part I, Line 4 Not considered necessary since race does not factor into admission or employment Antique Show 39027 39027 15602 Golf Tournament 20170 3165 17005 2015 150 2537 59197 3165 56032 2015 150 18139 20304 35728 1 College Scholarships Awards 48 166342 Part I, Line 2: Scholarships are awarded to students based on criteria set forth by the donor and then dispersed directly to the college. X 0 0 0 0 0 0 0 0 0 Timothy Seeley Head of School 154542 0 0 0 0 0 5698 0 21019 0 181259 0 0 0 Form 990, Part VII, Line 5 George Stevens Academy paid Accounting Services of Maine, LLC for services provided by Rachel Grivois. George Stevens Academy is not able to determine the compensation paid to Rachel Grivois, only the amount paid to Accounting Services of Maine, LLC. X 350 FMV X 4 105248 FMV X Music and Microphone Cables 1 3500 FMV X Grizzly Jointer Tool 1 2509 FMV X Test Stands for Welding Booths 1 1250 FMV X Desks for Recording Studio 1 849 FMV X Free Hotel Stays 1 500 FMV X Routers 1 420 FMV X Free Rounds of Golf 2 380 FMV X Gift Prize Basket 2 355 FMV X Plants 1 300 FMV X Golf Lessons 2 240 FMV X Stone Birdbath 1 200 FMV X Tennis Rackets 1 200 FMV X Bottled Water 1 150 FMV X Grill 1 150 FMV X Gift Cards 2 100 FMV X Tennis Lessons 1 90 FMV X Passes to Blue Hill Fair 1 80 FMV X Flowers 1 50 FMV 0 1 0 Form 990, Part VI, Section B, line 11b Question 11a is only answered no because a Public Disclosure of the draft Form 990, with donor's names and addresses redacted due to donor's requests to remain anonymous, is provided to the full Board rather than a filing copy. Form 990, Part VI, Section B, line 12c All trustees sign the Trustees Statement of Commitment which requires that they not involve themselves in any matters in which they have a conflict of interest. Form 990, Part VI, Section B, line 15 Board of Trustees approves compensation for the Head of the School. The Head of the School approves compensation for administrators and there is a compensation committee to oversee all employees' compensation. Compensation is comparable for the area. Form 990, Part VI, Section C, line 19 Upon request Form 990, Part VII George Stevens Academy paid $69,687 to Accounting Services of Maine, LLC, a company 100% owned by Rachel Grivois during the period 7/2022 - 4/2023 while she was a voting member of the Board. George Stevens Academy is not able to determine the compensation paid to Rachel Grivois, only the amount paid to Accounting Services of Maine, LLC. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: George Stevens Academy 23 Union Street Blue Hill, ME 04614-0816 EIN: 01-0247002 Section 1.263(a)-3(n) Election: George Stevens Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Returned Scholarships 25,509.