2021-11-12T07:37:39-06:00 2021-06-30 833019782 STONE & COMPANY LLC 57 BEDFORD ST STE 225 LEXINGTON MA 024204443 990 2020-07-01 042525467 THE LEARNING PROJECT INC LEAR 6172668427 107 MARLBOROUGH STREET BOSTON MA 02116 JUSTIN HAJJ HEAD OF SCHOOL 6172668427 2021-11-09 1 JUSTIN HAJJ XXX-XX-XXXX CAROLINE WAWERU CPA P01897319 7818636300 2021-11-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JUSTIN HAJJ 107 MARLBOROUGH STREET BOSTON MA 02116 3600159 0 X LEARNINGPROJECT.ORG X 1973 MA EDUCATIONAL INSTRUCTION GRADES K-6. 22 22 42 25 0 0 798690 781608 2772946 2775603 49892 974 20221 7263 3641749 3565448 471870 467560 0 0 2380111 2516602 0 0 151058 391496 653935 3243477 3638097 398272 -72649 13342442 16219488 1250366 1218701 12092076 15000787 EDUCATIONAL INSTRUCTION GRADES K-6 0 0 2767830 467560 2775603 ELEMENTARY SCHOOL PROGRAMS FOR APPROXIMATELY 120 STUDENTS IN GRADES K-6. THE SCHOOL HAS HIGH ACADEMIC EXPECTATIONS, BROAD DIVERSITY AND A STRONG SENSE OF COMMUNITY. 2767830 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 42 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X AMANDA YIP 6172668427 107 MARLBOROUGH STREET BOSTON MA 02116 JUSTIN HAJJ HEAD OF SCHOOL 40.00 X X 154749 0 26992 JAMES DUANE TRUSTEE CHAIR 2.00 X X 0 0 0 BEN BRADY TRUSTEE TREASURER 2.00 X X 0 0 0 LINDA SEELEY TRUSTEE CLERK 2.00 X X 0 0 0 THATIANA GIBSON TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 LOUIS TOMPROS TRUSTEE PARENT MEMBER 2.00 X 0 0 0 ALEXANDRA HARVEY TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 MAR WAGNER TRUSTEE PARENT MEMBER 2.00 X 0 0 0 CATHERINE BORDON TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 RICK BOROVOY TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 CAROLINE BUTTNER TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 GARRET HATTON TRUSTEE ALUMNI MEMBER 2.00 X 0 0 0 EBEN PINGREE TRUSTEE ALUMNI MEMBER 2.00 X 0 0 0 ISABELLA ALLEN TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 CARL PRINDLE TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 MONICA SHAH TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 ALEXANDRA DELAITE TRUSTEE PARENT MEMBER 2.00 X 0 0 0 PAT BENZIE TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 WILL CRAWFORD TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 PAUL GAMBLE TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 WILL MURPHY TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 JOE LU TRUSTEE PARENT MEMBER 2.00 X 0 0 0 JAMIE HAYHURST TRUSTEE PARENT MEMBER 2.00 X 0 0 0 AMANDA YIP DIRECTOR OF FINANCE AND OPERATIONS 40.00 X 87196 0 4360 241945 0 31352 1 0 1 0 0 6380 775228 16000 781608 TUITION 611710 2763600 2763600 MISCELLANEOUS 900099 10673 10673 APPLICATION FEES 611710 1330 1330 2775603 1027 1027 16000 16053 -53 -53 -53 25921 6380 18658 7263 7263 3565448 2775603 0 8237 467560 467560 353502 94738 211395 47369 1698240 1429031 189495 79714 105736 87421 14440 3875 207380 178217 23476 5687 151744 113808 28831 9105 37736 37736 40350 40350 84092 18200 65892 10869 7779 3090 133634 133634 45360 36404 8956 32965 9075 23164 726 COVID-19 TESTING 96997 75574 19145 2278 REPAIRS & MAINTENANCE 94745 75796 18949 PRINTING & PUBLICATIONS 28339 2718 23317 2304 EQUIPMENT, SUPPLIES & T 24660 20327 4333 24188 17548 6640 3638097 2767830 719209 151058 877238 766794 427977 344755 536253 367680 2742 43183 57009 1870246 1223538 359766 646708 11095283 14036542 13342442 16219488 228485 280301 1021881 938400 1250366 1218701 X 9927592 12669105 2164484 2331682 12092076 15000787 13342442 16219488 -72649 2981360 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PART II-B, LINE 1: THE SCHOOL BELONGS TO MEMBER ORGANIZATIONS, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. SOME PORTION OF MEMBERSHIP DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES. 0 6652565 58267 1998393 91184 8618041 6543282 53350 81413 25480 6652565 5995480 62600 508650 23448 6543282 6512520 35600 529314 1081954 5995480 5831745 5200 708721 33146 6512520 0.81260 0.07470 0.11270 0 0 1381496 760033 621463 310997 306088 4909 117152 101521 15631 60601 55896 4705 646708 POOLED EQUITY AND FIXED INCOME FUNDS 13448458 F GOVERNMENT MONEY MARKET FUND 588084 F 14036542 X 6057556 2981360 18658 3000018 3057538 40350 467560 507910 3565448 3148845 18658 18658 3130187 40350 467560 507910 3638097 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. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH A TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SCHOOL'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED JUNE 30, 2017, 2018, 2019 AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 18,658. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 467,560. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 18,658. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 467,560. 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 SCHOOL ANNUALLY PUBLISHES A NOTICE OF ITS NON-DISCRIMINATION POLICY IN THE BOSTON GLOBE, A NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. SPRING EVENT 30715 6380 24335 18572 BOOK FAIR 1155 1155 86 2 431 431 32301 6380 25921 18658 18658 7263 1 TUITION ASSISTANCE OR SCHOLARSHIP AWARDS. 24 467560 FAIR MARKET VALUE OF PUBLISHED TUITION RATES TUITION ASSISTANCE AND SCHOLARSHIP AWARDS. PART I, LINE 2: THE LEARNING PROJECT USES SCHOOL & STUDENT SERVICES (SSS) BY COMMUNITY BRANDS HEADQUARTERED IN PETERSBURG, FL TO PROCESS ALL TUITION ASSISTANCE APPLICATIONS. SSS THEN SENDS THEIR EVALUATION AND A TUITION ASSISTANCE COMMITTEE OF THE LEARNING PROJECT BOARD OF TRUSTEES MAKES THE FINAL RECOMMENDATION. TUITION ASSISTANCE GRANTS ARE BASED ON THE ASSESSMENT OF NEED AND ON FUNDS AVAILABLE. X X X X X 0 0 0 0 0 0 0 0 0 JUSTIN HAJJ HEAD OF SCHOOL 154749 0 0 0 0 0 0 0 26992 0 181741 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LEARNING PROJECT IS A MEMBERSHIP ORGANIZATION, THE MEMBERS OF THE BOARD OF TRUSTEES THEN IN OFFICE SHALL BE THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES THEN IN OFFICE SHALL BE THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PRESENTED TO THE GOVERNING BODY FOR COMMENTS AND QUESTIONS BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C UPON ELECTION TO THE BOARD, AND ANNUALLY THEREAFTER DURING HIS OR HER TERM, EACH TRUSTEE COMPLETES A CONFLICT OF INTEREST POLICY STATEMENT. EACH COMPLETED STATEMENT IS REVIEWED AND RETAINED BY THE BOARD TO ENSURE COMPLIANCE WITH THIS POLICY'S RESTRAINTS ON PARTICIPATION. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD'S REVIEW AND COMPENSATION COMMITTEE CONDUCTS A PERFORMANCE REVIEW WITH THE HEAD OF SCHOOL, REVIEWS DATA ON THE COMPENSATION OF HEADS OF COMPARABLE INDEPENDENT SCHOOLS IN MASSACHUSETTS, AND REPORTS ITS FINDINGS TO THE FULL BOARD WITH A RECOMMENDED COMPENSATION FOR THE HEAD. MINUTES OF THE MEETINGS ARE RETAINED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE.