TABOR ACADEMY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- TABOR ACADEMY (EIN 04-2103632)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-17
- IRS object ID
- 202121379349311007
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T19:05:17-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO INTERNATIONAL PLACE 22ND FL | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103632 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TABOR ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TABO | BusinessNameControlTxt |
| Phone | 5087482000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 SPRING STREET | AddressLine1Txt |
| City | MARION | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02738 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN P SANFORD | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 5087482000 | PhoneNum |
| Signature | 2021-05-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J KENNEY | PreparerPersonNm |
| PTIN | P00202198 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2021-05-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN H QUIRK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 SPRING STREET | AddressLine1Txt |
| City | MARION | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02738 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,930,145 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TABORACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1876 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TABOR ACADEMY IS A COEDUCATIONAL, COLLEGE PREPARATORY BOARDING AND DAY SCHOOL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 363 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | -$31,104 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$33,954 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,695,161 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,260,150 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,778,819 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,350,254 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,466,898 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,266,960 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $42,940,878 | PYTotalRevenueAmt |
| CY Total Revenue | $42,877,364 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,024,450 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,915,750 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,084,451 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,904,297 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $78,006 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $99,655 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,191,139 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,775,070 | PYOtherExpensesAmt |
| CY Other Expenses | $14,576,791 | CYOtherExpensesAmt |
| PY Total Expenses | $39,961,977 | PYTotalExpensesAmt |
| CY Total Expenses | $42,496,493 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,978,901 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $380,871 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $116,068,356 | TotalAssetsBOYAmt |
| Total Assets EOY | $114,650,166 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $34,277,538 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,888,027 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $81,790,818 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $81,762,139 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TABOR ACADEMY FOCUSES ITS ACADEMIC PROGRAMS TO INSPIRE A LIFE-LONG LOVE OF LEARNING, TO INSTILL A PASSION FOR THE HIGHEST STANDARDS OF ACHIEVEMENT, TO ENCOURAGE PERSONAL RESPONSIBILITY, AND TO FOSTER CARE FOR OTHERS AND COMMITTED CITIZENSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,960,387 | ExpenseAmt |
| Grant | $9,915,750 | GrantAmt |
| Revenue | $31,944,874 | RevenueAmt |
| Desc | TABOR ACADEMY EDUCATES APPROXIMATELY 540 STUDENTS. AS THE "SCHOOLBY THE SEA," TABOR SUSTAINS A UNIQUE MARITIME HERITAGE THATEMBODIES, IN ALL ITS PROGRAMS, THE QUALITIES A SEAGOING LIFEREQUIRES: THOUGHTFUL PREPARATION FOR, AND AWARENESS OF THE WIDERWORLD, PERSEVERANCE, COURAGE, GOOD HUMOR, A SENSE OF DIRECTION,AND HUMILITY. TABOR'S FACULTY COMMIT THEMSELVES TO BALANCING HIGHDEMANDS WITH GENUINE AFFECTION FOR THEIR STUDENTS AND TO FOSTERINGRELATIONSHIPS FOUNDED ON THE COMPASSION, PERSONAL INTEGRITY, ANDTRUST THAT ANCHOR TABOR'S COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $416,735 | ExpenseAmt |
| Revenue | $405,380 | RevenueAmt |
| Desc | TABOR ACADEMY PROVIDES ACCOMODATIONS AND AUXILIARY SERVICES FORBOARDING STUDENTS AS A PART OF THEIR EDUCATION. THESE SERVICES AREPROVIDED AT A NOMINAL FEE IN ORDER TO COVER COSTS. SUCH SERVICESRANGE FROM THE PROVISION OF UTILITIES TO RECREATIONAL ACTIVITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $30,377,122 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 120 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 363 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN P SANFORD | PersonNm |
| Phone | 5082918370 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 SPRING STREET | AddressLine1Txt |
| City | MARION | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02738 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| JOHN H QUIRK | ||||||||
| HEAD OF SCHOOL (THRU 6/20) | 40.00 | Yes (X) | $345,979 | $0 | $137,103 | |||
| STEPHEN P SANFORD | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $217,770 | $0 | $32,099 | |||
| PATRICK J O'CONNELL | ||||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | $188,127 | $0 | $56,971 | Yes (X) | |||
| JULIE SALIT | ||||||||
| INTERIM HEAD OF SCHOOL (AS OF 2/20) | 40.00 | Yes (X) | $132,434 | $0 | $0 | |||
| TIMOTHY FREY | ||||||||
| DIR. OF TECHNOLOGY | 40.00 | $131,309 | $0 | $0 | Yes (X) | |||
| ANDREW MCCAIN | ||||||||
| DIR. OF ALUMNI RELATIONS | 40.00 | $119,331 | $0 | $0 | Yes (X) | |||
| ERIC LONG | ||||||||
| DIR. OF ADMISSIONS | 40.00 | $118,721 | $0 | $0 | Yes (X) | |||
| EILEEN MARCEAU | ||||||||
| ASSOC. HEAD OF SCHOOL | 40.00 | $117,948 | $0 | $0 | Yes (X) | |||
| TIMOTHY CHENEY | ||||||||
| DIR. OF COLLEGE COUSELING | 40.00 | $113,383 | $0 | $0 | Yes (X) | |||
| CARMINE A MARTIGNETTI | ||||||||
| TRUSTEE/CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| PAUL J MURPHY ESQ | ||||||||
| TRUSTEE/VICE-CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAVID A BARRETT | ||||||||
| TRUSTEE/TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ELIZABETH WELSH EYLER | ||||||||
| TRUSTEE/SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CLEMENT C BENENSON | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| JASON L BLAND | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| STEPHEN DANIEL | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| G ERIC DAVIS | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ANTHONY G FEATHERSTON IV | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ANGUS H LEARY | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| JENNIFER C NOERING MCINTIRE | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| DUDLEY M PIERRE | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| TRAVIS ROY | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| REGINA SHAKIN | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| JACK B SMITH JR | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| STEPHEN P SPRAGUE | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| NGAI SUET | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| SUMMER J WARING III | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| GEOFFREY H WORRELL | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| SALLY EARLEY | ||||||||
| TRUSTEE (THRU 3/20) | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| JAMES A TOMLINSON | ||||||||
| TRUSTEE (THRU 2/20) | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,485,002 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $226,173 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DELPHI CONSTRUCTION | |||||
| 255 BEAR HILL ROAD | WALTHAM | MA | 02451 | CONSTRUCTION | $4,460,364 |
| FLIK COMPASS GROUP USA | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | DINING SERVICES | $1,179,169 |
| GIBBS ROOFING AND REMODELING | |||||
| 4 DARBY LANE | MARION | MA | 02738 | ROOFING SERVICES | $441,385 |
| GREENSCAPE LAND DESIGN INC | |||||
| 175 PARAMOUNT DRIVE | RAYNHAM | MA | 02767 | LANDSCAPING SERVICES | $324,138 |
| SJ SERVICES | |||||
| 235 NEWBURY ST | DANVERS | MA | 01923 | CLEANING/CUSTODIAL SERVICES | $241,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,818,148 | GovernmentGrantsAmt |
| All Other Contributions | $6,442,002 | AllOtherContributionsAmt |
| Noncash Contributions | $800,545 | NoncashContributionsAmt |
| Total Contributions | $9,260,150 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $30,544,263 | $30,544,263 |
| STUDENT AND SUMMER PROGRAMS | 611710 | $1,400,611 | $1,400,611 |
| AUXILIARY ACTIVITIES | 611710 | $405,380 | $405,380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,350,254 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,097,213 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$31,104 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,128,317 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,221,028 | SecuritiesAmt |
| Other | $1,500 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,044,660 | SecuritiesAmt |
| Other | $8,121 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $176,368 | SecuritiesAmt |
| Other | -$6,621 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $169,747 | TotalRevenueColumnAmt |
| Exclusion | $169,747 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,877,364 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,350,254 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$31,104 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,298,064 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,915,750 | TotalAmt |
| Program Services | $9,915,750 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,223,315 | TotalAmt |
| Management And General | $887,655 | ManagementAndGeneralAmt |
| Fundraising | $335,660 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,833,360 | TotalAmt |
| Program Services | $9,818,993 | ProgramServicesAmt |
| Management And General | $1,836,185 | ManagementAndGeneralAmt |
| Fundraising | $1,178,182 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,287,285 | TotalAmt |
| Management And General | $1,287,285 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,581,640 | TotalAmt |
| Management And General | $1,581,640 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,697 | TotalAmt |
| Program Services | $693,366 | ProgramServicesAmt |
| Management And General | $178,432 | ManagementAndGeneralAmt |
| Fundraising | $106,899 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,193 | TotalAmt |
| Management And General | $15,193 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,941 | TotalAmt |
| Management And General | $988,941 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,968 | TotalAmt |
| Management And General | $238,968 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,655 | TotalAmt |
| Fundraising | $99,655 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $495,304 | TotalAmt |
| Management And General | $495,304 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,294,194 | TotalAmt |
| Program Services | $2,074,032 | ProgramServicesAmt |
| Management And General | $186,878 | ManagementAndGeneralAmt |
| Fundraising | $33,284 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,803 | TotalAmt |
| Program Services | $57,036 | ProgramServicesAmt |
| Management And General | $43,963 | ManagementAndGeneralAmt |
| Fundraising | $38,804 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $974,087 | TotalAmt |
| Program Services | $397,049 | ProgramServicesAmt |
| Management And General | $545,354 | ManagementAndGeneralAmt |
| Fundraising | $31,684 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,196 | TotalAmt |
| Program Services | $422,507 | ProgramServicesAmt |
| Management And General | $33,509 | ManagementAndGeneralAmt |
| Fundraising | $7,180 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,966,774 | TotalAmt |
| Program Services | $1,800,284 | ProgramServicesAmt |
| Management And General | $137,548 | ManagementAndGeneralAmt |
| Fundraising | $28,942 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,728 | TotalAmt |
| Program Services | $142,347 | ProgramServicesAmt |
| Management And General | $94,051 | ManagementAndGeneralAmt |
| Fundraising | $81,330 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,660 | TotalAmt |
| Program Services | $254,627 | ProgramServicesAmt |
| Management And General | $15,563 | ManagementAndGeneralAmt |
| Fundraising | $121,470 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,205 | TotalAmt |
| Management And General | $415,205 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,981,110 | TotalAmt |
| Program Services | $2,719,236 | ProgramServicesAmt |
| Management And General | $215,664 | ManagementAndGeneralAmt |
| Fundraising | $46,210 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $547,325 | TotalAmt |
| Program Services | $488,497 | ProgramServicesAmt |
| Management And General | $51,536 | ManagementAndGeneralAmt |
| Fundraising | $7,292 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ADMINISTRATIVE | $1,210,149 | $542,880 | $592,722 | $74,547 |
| AUXILARY PROGRAMS EXPEN | $516,224 | $516,224 | ||
| INSTRUCTIONAL PROGRAMMI | $307,817 | $307,817 | ||
| STUDENT SUPPORT | $226,477 | $226,477 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,636 | TotalAmt |
| Management And General | $86,636 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,496,493 | TotalAmt |
| Program Services | $30,377,122 | ProgramServicesAmt |
| Management And General | $9,928,232 | ManagementAndGeneralAmt |
| Fundraising | $2,191,139 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,475,642 | BOYAmt |
| EOY | $5,082,624 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,013 | BOYAmt |
| EOY | $61,031 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,338,644 | BOYAmt |
| EOY | $6,342,449 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,376 | BOYAmt |
| EOY | $292,686 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,014 | BOYAmt |
| EOY | $2,051 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $528,416 | BOYAmt |
| EOY | $435,537 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,074,057 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,243,539 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,816,447 | BOYAmt |
| EOY | $43,830,518 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,629,456 | BOYAmt |
| EOY | $25,885,193 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,887,720 | BOYAmt |
| EOY | $14,811,877 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,909,628 | BOYAmt |
| EOY | $17,906,200 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,068,356 | BOYAmt |
| EOY | $114,650,166 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,427,380 | BOYAmt |
| EOY | $3,724,222 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,094,205 | BOYAmt |
| EOY | $8,034,520 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,798,339 | BOYAmt |
| EOY | $19,179,233 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,571,626 | BOYAmt |
| EOY | $57,861 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,385,988 | BOYAmt |
| EOY | $1,892,191 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,277,538 | BOYAmt |
| EOY | $32,888,027 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,058,475 | BOYAmt |
| EOY | $12,212,668 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,732,343 | BOYAmt |
| EOY | $69,549,471 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,790,818 | BOYAmt |
| EOY | $81,762,139 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,068,356 | BOYAmt |
| EOY | $114,650,166 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $380,871 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $937,676 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,347,226 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,691,745 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,605,917 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,144,347 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,695,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,260,150 | CurrentTaxYearAmt |
| Total | $31,397,320 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,691,745 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,605,917 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,144,347 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,695,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,260,150 | CurrentTaxYearAmt |
| Total | $31,397,320 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,206,652 | SubstantialContributorsTotAmt |
| Public Support Total170 | $27,190,668 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $867,390 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $879,233 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $453,033 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,090,182 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,128,317 | CurrentTaxYearAmt |
| Total | $4,418,155 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,815,475 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $151,743,421 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75920 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77830 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,134,549 | BeginningYearBalanceAmt |
| Contributions | $1,083,189 | ContributionsAmt |
| Investment Earnings Or Losses | $1,901,128 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $832,200 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,960,986 | OtherExpendituresAmt |
| Administrative Expenses | $337,636 | AdministrativeExpensesAmt |
| End Year Balance | $47,988,044 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,982,386 | BeginningYearBalanceAmt |
| Contributions | $414,383 | ContributionsAmt |
| Investment Earnings Or Losses | $1,835,264 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $914,060 | GrantsOrScholarshipsAmt |
| Other Expenditures | $886,247 | OtherExpendituresAmt |
| Administrative Expenses | $297,177 | AdministrativeExpensesAmt |
| End Year Balance | $49,134,549 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,810,972 | BeginningYearBalanceAmt |
| Contributions | $415,225 | ContributionsAmt |
| Investment Earnings Or Losses | $3,656,546 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $780,881 | GrantsOrScholarshipsAmt |
| Other Expenditures | $887,028 | OtherExpendituresAmt |
| Administrative Expenses | $232,448 | AdministrativeExpensesAmt |
| End Year Balance | $48,982,386 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,992,118 | BeginningYearBalanceAmt |
| Contributions | $460,564 | ContributionsAmt |
| Investment Earnings Or Losses | $5,156,089 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $697,933 | GrantsOrScholarshipsAmt |
| Other Expenditures | $894,067 | OtherExpendituresAmt |
| Administrative Expenses | $205,799 | AdministrativeExpensesAmt |
| End Year Balance | $46,810,972 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,831,138 | BeginningYearBalanceAmt |
| Contributions | $1,153,892 | ContributionsAmt |
| Investment Earnings Or Losses | -$789,631 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $45,067 | OtherExpendituresAmt |
| Administrative Expenses | $158,214 | AdministrativeExpensesAmt |
| End Year Balance | $42,992,118 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.12550 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.87450 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $786,259 | OtherCostOrOtherBasisAmt |
| Book Value | $786,259 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,887,527 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,014,708 | DepreciationAmt |
| Book Value | $37,872,819 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,845,681 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,935,770 | DepreciationAmt |
| Book Value | $1,909,911 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,052,830 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,293,061 | DepreciationAmt |
| Book Value | $2,759,769 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $501,760 | OtherCostOrOtherBasisAmt |
| Book Value | $501,760 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $43,830,518 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN PARTNERSHIPS | Desc |
| Book Value | $14,811,877 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $14,811,877 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST IN PERPETUAL TRUST | $16,633,539 |
| LOANS TO EMPLOYEES | $4,255 |
| OTHER RECEIVABLES | $14,457 |
| SECURITY DEPOSITS | $9,850 |
| BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST | $1,244,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $17,906,200 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED PENSION LIABILITIES | $758,515 |
| ANNUITIES PAYABLE | $542,042 |
| ACCRUED LITIGATION EXPENSES | $270,000 |
| REFUNDABLE ADVANCE, PAYCHECK PROTECTION PROGRAM | $321,634 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,892,191 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $32,056,760 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $937,676 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,347,226 | OtherRevenueAmt |
| Revenue Not Reported | -$409,550 | RevenueNotReportedAmt |
| Revenue Subtotal | $32,466,310 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $495,304 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $9,915,750 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,411,054 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $42,877,364 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,085,439 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,085,439 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $495,304 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $9,915,750 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,411,054 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,496,493 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -270,859. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -887,029. PENSION RELATED COSTS -189,338. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 9,915,750. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID 9,915,750. |
| SCHEDULE D, PART V, LINE 4 | ENDOWMENT SERVES TO SUPPORT SCHOLARSHIPS, FACULTY, ACADEMIC AND EXTRACURRICULAR PROGRAMS, AND GENERAL ADMINISTRATION OF THE SCHOOL. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 6 | DURING FISCAL YEAR ENDED JUNE 30, 2020, THE SCHOOL RECEIVED A PAYCHECK PROTECTION PROGRAM LOAN OF $3,139,782 GRANTED BY THE SMALL BUSINESS ADMINISTRATION (SBA) UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT). |
| PART I, LINE 3 | TABOR IS FOUNDED ON THE BELIEF THAT A HEALTHY SCHOOL COMMUNITY FINDS COMMON GROUND WHILE EMBRACING DIFFERENCES AND, THEREFORE, ACCEPTS A RACIALLY, ETHNICALLY, RELIGIOUSLY, ECONOMICALLY, AND INTERNATIONALLY DIVERSE STUDENT BODY. TO CULTIVATE AND SUSTAIN A MORE DIVERSE AND INCLUSIVE COMMUNITY, TABOR ACADEMY RECOGNIZES THAT OUR SUCCESS AS A 21ST CENTURY SCHOOL IS EMBEDDED IN A GENUINE UNDERSTANDING OF HOW THE COMPONENTS OF DIVERSITY REFLECT THE CORE VALUES OF OUR MISSION, WHICH IS ROOTED IN COMPASSION, RESPECT, TRUST, HONESTY, AND PERSONAL RESPONSIBILITY. DIVERSITY AT TABOR ENCOMPASSES RACE, ETHNICITY, GENDER, SOCIO-ECONOMIC STATUS, RELIGION, INTELLECTUAL AND PHYSICAL ABILITY, GENDER EXPRESSION, SEXUAL ORIENTATION, AGE, FAMILY STRUCTURE, LANGUAGE AND GEOGRAPHIC PLACE OF ORIGIN. WE RECOGNIZE THAT THE ESTABLISHMENT OF POLICIES, PRACTICES, AND PROGRAMS THAT SUPPORT THE INTERCONNECTEDNESS OF THESE CULTURAL IDENTIFIERS AND FURTHER DEVELOP THE CULTURAL COMPETENCY OF OUR COMMUNITY'S MEMBERS WILL ALLOW FOR TRUE DIALOGUE AND COLLABORATION WITHIN OUR SCHOOL AND WITH LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. TO THAT END, WE COMMIT OURSELVES TO BEING A COMMUNITY IN WHICH ALL MEMBERS HAVE VOICE, ARE GIVEN RESPECT, AND SEE THEIR IDENTITIES REFLECTED AND AFFIRMED IN THE CURRICULUM, CO-CURRICULUM AND PHYSICAL AND VIRTUAL ENVIRONMENTS OF THE SCHOOL. TABOR ACADEMY PROMULGATES EACH YEAR, ITS NONDISCRIMINATORY POLICIES THROUGH SEVERAL ADS IN LOCAL AND REGIONAL NEWSPAPERS DURING THE PERIOD OF SOLICITATION OF STUDENTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $7,352,244 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,352,244 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,352,244 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| PG CALC INC | ||||||||
| 129 MOUNT AUBURN ST | CAMBRIDGE | MA | 02138 | RESEARCH AND ACTIVITY | 0 | $0 | $4,550 | $0 |
| MARTS & LUNDY | ||||||||
| 160 CHUBB AVE SUITE 303 | LYNDHURST | NJ | 07071 | STRATEGIC PLANNING | 0 | $0 | $43,005 | $0 |
| THE HELEN BROWN GROUP | ||||||||
| 489 MT AUBURN ST SUITE 4 | WATERTOWN | MA | 02472 | PROSPECT DEVELOPMENT | 0 | $0 | $52,100 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $99,655 | TotalRetainedByContractorsAmt |
| Licensed States | MA | LicensedStatesCd |
| Gaming Manager Services Prov | B | GamingManagerServicesProvTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 236 | RecipientCnt |
| Cash Grant | $9,915,750 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS ARE SCHOLARSHIPS AWARDED BY DEMONSTRATED NEED IN THE FORM OF TUITION REMISSION, AND THEY CAN ONLY BE USED TO REDUCE THE AMOUNT OF THE TUITION OWED BY A GIVEN FAMILY FOR AN ACADEMIC YEAR. NEED IS DETERMINED BY ANALYZING TAX FORMS AND/OR OTHER INFORMATION FROM SCHOOL SCHOLARSHIP SERVICE, PRINCETON,NJ. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN H QUIRK | ||||||||||||||
| HEAD OF SCHOOL (THRU 6/20) | $345,979 | $0 | $0 | $0 | $0 | $0 | $36,947 | $0 | $100,156 | $0 | $483,082 | $0 | $0 | $0 |
| STEPHEN P SANFORD | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $217,770 | $0 | $0 | $0 | $0 | $0 | $15,755 | $0 | $16,344 | $0 | $249,869 | $0 | $0 | $0 |
| PATRICK J O'CONNELL | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $188,127 | $0 | $0 | $0 | $0 | $0 | $14,180 | $0 | $42,791 | $0 | $245,098 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL INTERNATIONAL AIR TRAVEL - THE HEAD OF SCHOOL (HOS) AND DIRECTOR OF ADVANCEMENT MAY TRAVEL VIA FIRST CLASS ON OVERSEAS TRIPS (MORE THAN 7 HOURS) BUT ONLY IF TRAVEL REWARD PROGRAMS CAN BE USED THEREFORE LOWERING COST. TRAVEL BY TRAIN - THE HOS AND DIRECTOR OF ADVANCEMENT ON OCCASION USE AMTRAK FIRST CLASS TRAVEL TO NYC FOR BOARD AND ADVANCEMENT MEETINGS. USE OF TRAIN FIRST CLASS SIGNIFICANTLY IMPROVES WORK PRODUCTIVITY AND THE COST DIFFERENCE IS MINIMAL. THESE ARE NOT CONSIDERED TAXABLE TO THE HEAD OF SCHOOL AND DIRECTOR OF ADVANCEMENT. HOUSING AND PERSONAL SERVICES CONSISTENT WITH THE ACADEMY'S UNIQUE BOARDING SCHOOL ENVIRONMENT, THE ACADEMY PROVIDES A RESIDENCE FOR PERSONAL USE FOR MULTIPLE PERSONNEL. PURSUANT TO HIS EMPLOYMENT CONTRACT, THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN CLOSE PROXIMITY TO CAMPUS TO SERVE HIS DUTIES AND RESPONSIBILITIES TO THE ACADEMY, INCLUDING ENTERTAINING STUDENTS, FACULTY, AND OTHER CONSTITUENTS, AND TO PROVIDE GUIDANCE AND A SAFE, WELCOMING LEARNING ENVIRONMENT FOR STUDENTS. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE ACADEMY AND IS REPORTED AS NON-TAXABLE COMPENSATION ON SCHEDULE J PART II, COLUMN D. IN ADDITION, THE ACADEMY PROVIDES HOUSING FOR THE CFO, DIRECTOR OF ADVANCEMENT, ASSISTANT HEAD OF SCHOOL AND DIRECTOR OF ADMISSIONS AND THE BENEFIT IS REPORTED AS NON-TAXABLE COMPENSATION ON SCHEDULE J PART II, COLUMN D. THE ACADEMY IS RESPONSIBLE FOR MAINTAINING THE RESIDENCE FOR THE HEAD OF SCHOOL. THIS MAINTENANCE IS PROVIDED FOR THE BENEFIT OF THE ACADEMY AND IS NOT CONSIDERED TAXABLE INCOME TO THE HEAD OF SCHOOL. SOCIAL CLUB DUES THE ACADEMY PROVIDES THE HEAD OF SCHOOL WITH LIMITED MEMBERSHIP TO THE BEVERLY YACHT CLUB AND LOCAL GOLF CLUB. BOTH MEMBERSHIPS ARE TO SERVE THE ACADEMY'S BUSINESS AND ACADEMIC PURPOSES AND THESE ARE NOT CONSIDERED TAXABLE COMPENSATION TO THE HEAD OF SCHOOL. |
| PART I, LINE 2 | THE ACADEMY REIMBURSES ALL EMPLOYEES, INCLUDING OFFICERS AND HIGHEST COMPENSATED EMPLOYEES, FOR EXPENSES INCURRED WHILE CONDUCTING BUSINESS OF THE ACADEMY. ALL EXPENSES WERE REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO REIMBURSEMENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| A | 043431814 | 57583RJN6 | 2020-05-01 | $19,476,000 | SERIES A - REFINANCE EXISTING LTD | 0 | 0 | 0 |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| B | 043431814 | 2020-05-01 | $8,000,000 | SERIES B - NEW CONSTRUCTION | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $19,476,000 | $254,537 | 2020 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| B | $8,000,000 | $51,000 | 0 | 0 | 0 | 0 | $7,949,000 | $7,949,000 | $7,949,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 30 | ContributionCnt |
| Noncash Contributions Rpt F990 | $800,545 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER REPORTED IN PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. |
| PART I, LINE 32B: | TABOR ACADEMY IS REQUIRED TO HOLD CERTAIN CONTRIBUTIONS OF BOATS FOR 3 YEARS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY TAX ADVISORS AT A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY VIA BOARDEFFECT. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE, ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY THE CHIEF FINANCIAL OFFICER AS PART OF THE AUDIT COMMITTEE REPORT. THE QUESTIONNAIRES ARE REVIEWED BY THE CHAIR OF THE BOARD AND THE CHIEF FINANCIAL OFFICER, AS APPROPRIATE. IN THE EVENT THAT A BOARD MEMBER DOES DISCLOSE A CONFLICT, THAT PERSON IS RECUSED FROM DISCUSSIONS AND DOES NOT VOTE ON RESOLUTIONS THAT PERTAIN DIRECTLY TO THAT CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE HEAD OF SCHOOL WAS DETERMINED PRIOR TO VALIDATING HIS EMPLOYMENT CONTRACT. AT THAT TIME, THE BOARD OF TRUSTEES UTILIZED DATA GATHERED BY THE ASSOCIATION OF BUSINESS OFFICERS OF PRIVATE SCHOOLS (ABOPS) TO IDENTIFY COMPARATIVE COMPENSATION BASED ON OFFICERS IN SIMILAR ROLES AT PEER INSTITUTIONS. THE HEAD OF SCHOOL'S EMPLOYMENT CONTRACT DELINEATES A FIXED SALARY INCREASE FOR A THREE YEAR PERIOD, WHICH WAS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD PRIOR TO EXECUTION OF THE CONTRACT. REVIEW OF COMPENSATION OF OTHER OFFICERS IS PERFORMED BY THE HEAD OF SCHOOL USING SIMILAR COMPARATIVE DATA. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ACADEMY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -270,859. PENSION RELATED CHARGES -189,338. CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -887,029. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (7) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUSTS | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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