2021-05-03T10:40:20-05:00 2020-06-30 203985546 JOHNSON OCONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2019-07-01 810729618 THE ACADEMY AT PENGUIN HALL INC ACAD 9784686200 36 ESSEX STREET WENHAM MA 01984 MARY MARTINS PRESIDENT, CLERK, TREASURER 9784686200 2021-04-28 1 JOSEPH GISO P00451256 7819143400 2021-04-28 2019 2022-09-23 18:48:47Z MARY MARTINS 36 ESSEX STREET WENHAM MA 01984 4883970 0 X WWW.PENGUINHALL.ORG X 2015 MA TO EDUCATE, ENLIGHTEN AND EMPOWER YOUNG WOMEN TO LEAD AND LIVE EXEMPLARY LIVES. 5 5 73 20 0 0 43666 520596 2781746 3013493 233 0 1771203 1349881 4596848 4883970 880590 911674 0 0 2415088 3043500 0 0 0 2543045 3009853 5838723 6965027 -1241875 -2081057 15852983 16811965 22181564 25004603 -6328581 -8192638 X TO EDUCATE, ENLIGHTEN AND EMPOWER YOUNG WOMEN TO LEAD AND LIVE EXEMPLARY LIVES. 0 0 4884764 911674 3013493 PROVIDING EDUCATIONAL SERVICES TO SECONDARY-SCHOOL AGED YOUNG WOMEN ENROLLED AT ITS GIRLS' HIGH SCHOOL. THE ACADEMY AT PENGUIN HALL IS AN INCLUSIVE, INDEPENDENT, COLLEGE PREPARATORY SECONDARY SCHOOL FOR YOUNG WOMEN WHICH IS COMMITTED TO DEVELOPING THE WHOLE PERSON; INTELLECTUALLY, SPIRITUALLY, PHYSICALLY AND CREATIVELY.THE ACADEMY AT PENGUIN HALL PROVIDES A HIGHLY INDIVIDUALIZED, STUDENT-CENTERED, DIVERSE AND CHALLENGING EDUCATIONAL EXPERIENCE. EVERY PROGRAMMATIC DECISION IS BASED ON CURRENT RESEARCH AND EXPERIENCE ABOUT HOW GIRLS LEARN, DEVELOP AND THRIVE. OUR CURRICULUM IS HIGHLY INTEGRATED AND STEEPED IN THE EXPERIENTIAL SO THAT GIRLS DEVELOP THE CONFIDENCE TO BECOME DRIVERS OF THEIR OWN LEARNING. THIS APPROACH ENABLES COMPREHENSIVE STUDY THROUGH THE INTEGRATION OF MEANINGFUL STUDENT RESEARCH, COLLABORATION, COMMUNITY PARTNERS, AND LIFE-CHANGING SERVICE LEARNING. AN INTERDISCIPLINARY APPROACH TO LEARNING INVIGORATES THE EDUCATIONAL ENVIRONMENT, ENERGIZES THE CURRICULUM WITH A REAL-WORLD RELEVANCE, AND SPARKS STUDENTS' DESIRE TO EXPLORE, INVESTIGATE, AND UNDERSTAND THE WORLD. THE ACADEMY'S APPROACH PREPARES STUDENTS NOT ONLY FOR COLLEGE BUT LIFE BEYOND ACADEMIC WALLS.SERVING STUDENTS FROM OVER 40 COMMUNITIES IN A STONE MANOR HOUSE SURROUNDED BY 50-ACRES OF SWEEPING LAWNS AND WOODED LAND. 4884764 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 73 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 MA X X MARY MARTINS 9784686200 36 ESSEX STREET WENHAM MA 01984 X MARY MARTINS PRESIDENT, TREASURER, CLER 70.00 X X 0 0 0 ERICA MILLER VICE PRESIDENT 2.00 X X 0 0 0 DANA WILLIS ASSISTANT CLERK 2.00 X X 0 0 0 HENRIETTE MCNIFF DIRECTOR 2.00 X 0 0 0 ALBERT MARTINS DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 BLUE CROSS BLUE SHIELD PO BOX 371314 PITTSBURGH PA 15250 INSURANCE 232719 NATIONEWIDE 520 BOSTON PROVIDENCE HWY NORWOOD MA 02062 INSURANCE 156690 SELECTIVE INSURANCE PO BOX 782747 PHILADELPHIA PA 19178 INSURANCE 109899 3 487071 33525 20000 520596 TUITION INCOME 611710 2804400 2804400 OTHER INCOME 611710 203270 203270 PROGRAM FEES 611710 5823 5823 3013493 62741 0 62741 62741 62741 15075 0 15075 15075 FORGIVENESS OF DEBT 900099 1272065 1272065 1272065 4883970 3013493 0 1349881 911674 911674 2471431 1331159 1140272 401974 216511 185463 170095 91616 78479 139450 139450 7614 7614 55919 27525 28394 72526 72526 1490766 1371505 119261 454893 418502 36391 116099 106811 9288 MARKETING 150603 0 150603 0 UTILITIES 137384 126393 10991 0 DINING SERVICES 113312 104247 9065 0 BAD DEBT 68876 0 68876 202411 106295 96116 6965027 4884764 2080263 0 27504 17495 50734 18265965 1525282 15825479 16740683 3053 15852983 16811965 657866 1058414 696846 843370 1429187 948500 15725895 17373051 3671770 4781268 22181564 25004603 X -6328581 -8192638 -6328581 -8192638 15852983 16811965 -2081057 217000 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1556990 1556990 9343010 906107 8436903 5473503 348617 5124886 208877 106147 102730 1683585 164411 1519174 16740683 DEFERRED EXPENSES - MCC 2623941 ACCRUED INTEREST 1769827 DEFERRED EXPENSES - RANTOUL PL. 387500 4781268 X 4189296 217000 217000 3972296 911674 911674 4883970 6053353 0 6053353 911674 911674 6965027 PART X, LINE 2: THE ACADEMY IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE ACADEMY REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ACADEMY ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDED 911,674. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDED 911,674. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS MARKETING MATERIALS, INCLUDING ITS WEBSITE. THE SCHOOL COMPLIES WITH THE REQUIREMENTS OF REVENUE PROCEDURE 75-50 AND REVENUE PROCEDURE 2019-22. THE SCHOOL DISPLAYS THE NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING ITS TAXABLE YEAR (EXCLUDING TEMPORARY OUTAGES DUE TO WEBSITE MAINTENANCE OR TECHNICAL PROBLEMS) IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. 0 FINANCIAL AID AWARDS 55 911674 FMV FINANCIAL AID AWARDS ARE GRANTED BASED ON A FAMILY'S FINANCIAL NEED AS DETERMINED BY FACTS GRANT AND AID ASSESSMENT SERVICE. PETER BRADY FATHER OF PRESIDENT OPERATIONS X 200000 100000 0 1 1 JOHN CORCORAN BROTHER OF PRESIDENT OPERATIONS X 250000 250000 0 1 1 HENRIETTE MCNIFF BOARD MEMBER OPERATIONS X 100000 100000 1 1 1 EILEEN LEAHY SISTER OF PRESIDENT OPERATIONS X 150000 150000 1 1 1 JOHN HACKETT FATHER OF BUSINESS MANAGER OPERATIONS X 40000 35000 0 1 1 ALBERT MARTINS BOARD MEMBER / SPOUSE OF PRESIDENT OPERATIONS X 313500 313500 0 1 1 948500 0 FORM 990, PART VI, SECTION A, LINE 8B NO OTHER COMMITTEES EXIST BEYOND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS SUBMITTED TO ALL MEMEBERS OF THE BOARD FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE OGANIZATION REQUIRES THAT EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE SIGN A STATEMENT WHICH AFFIRMS THE PERSON 1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY; AND 4) UNDERSTANDS THE CORPORATION IS CHARTIABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS PUBLISHED ON THE GUIDESTAR WEBSITE WHICH IS ACCESSIBLE TO THE PUBLIC AND AVAILABLE UPON REQUEST. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR