NEWTON HIGH PEAK INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: NEWTON HIGH PEAK INC (EIN 82-3447166)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-07-15
IRS object ID: 202001979349304575
Schema version: 2018v3.2
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 I
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-07-15T13:39:56-05:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	043107805	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PRAGUE & COMPANY PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	15 WALNUT STREET STE 150	AddressLine1Txt
City	WELLESLEY	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02481	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	823447166	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WINTHROP PARK SCHOOL INC	BusinessNameLine1Txt
Business Name Line2	C/O MCCARTHY LEGAL SERVICES	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	WINT	BusinessNameControlTxt
Phone	6172442800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1188 CENTRE STREET	AddressLine1Txt
City	NEWTON CENTRE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02459	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STEVE HINDS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6172442800	PhoneNum
Signature	2020-07-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ANDREW P PRAGUE CPA	PreparerPersonNm
PTIN	P00451424	PTIN
Phone	7812375555	PhoneNum
Preparation	2020-07-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	108.49.115.114	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-07-15	IPDt
IP Tm	14:28:44	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	497F991AFA3E3FAD83FCC158B8A48ED3DAF0CA17	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3D837596CCEAB47257462F00283E652C5A8432B5	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	STEVE HINDS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	79 HARRIS AVENUE	AddressLine1Txt
City	NEEDHAM	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02402	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$23,115,781	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2017	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	THE SCHOOL WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. MORE SPECIFICALLY, THE SCHOOL WILL OPERATE A SCHOOL LOCATED IN NEWTON, MASSACHUSETTS.THE SCHOOL WILL HAVE A REGULARLY SCHEDULED CURRICULUM, A REGULAR FACULTY, AND A REGULARLY ENROLLED BODY OF STUDENTS IN ATTENDANCE AT A PLACE WHERE THE EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. THE SCHOOL'S CURRICULUM WILL BE WIDE-RANGING AND CONSIST OF ALL TRADITIONAL AREAS OF STUDY FOR HIGH SCHOOL STUDENTS. ACCORDINGLY, THE EDUCATION PROVIDED BY THE SCHOOL WILL BE COMPREHENSIVE AND CONSTITUTE A REGULARLY SCHEDULED CURRICULUM. THE PROGRESSIVE TEACHING METHODS OF THE SCHOOL ARE INTENDED TO PROMOTE IN STUDENTS A LOVE OF LEARNING, TO INSTILL IN THEM A SENSE OF PERSONAL WORTH AND RESPECT FOR OTHERS AND TO DEVELOP CRITICAL THINKING SKILLS.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$25,757,576	PYContributionsGrantsAmt
CY Contributions Grants	$1,847,500	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$10,806,938	PYInvestmentIncomeAmt
CY Investment Income	$12,256,772	CYInvestmentIncomeAmt
PY Other Revenue	-$201,195	PYOtherRevenueAmt
CY Other Revenue	-$1,780,907	CYOtherRevenueAmt
PY Total Revenue	$36,363,319	PYTotalRevenueAmt
CY Total Revenue	$12,323,365	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$590,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$30,563	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$80,125	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$464,591	PYOtherExpensesAmt
CY Other Expenses	$1,028,240	CYOtherExpensesAmt
PY Total Expenses	$495,154	PYTotalExpensesAmt
CY Total Expenses	$1,698,365	CYTotalExpensesAmt
PY Revenues Less Expenses	$35,868,165	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$10,625,000	CYRevenuesLessExpensesAmt
Total Assets BOY	$51,479,317	TotalAssetsBOYAmt
Total Assets EOY	$49,032,799	TotalAssetsEOYAmt
Total Liabilities BOY	$26,140,385	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$24,340,516	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$25,338,932	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$24,692,283	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE SCHOOL WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. MORE SPECIFICALLY, THE SCHOOL WILL OPERATE A SCHOOL LOCATED IN NEWTON, MASSACHUSETTS.THE SCHOOL WILL HAVE A REGULARLY SCHEDULED CURRICULUM, A REGULAR FACULTY, AND A REGULARLY ENROLLED BODY OF STUDENTS IN ATTENDANCE AT A PLACE WHERE THE EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. THE SCHOOL'S CURRICULUM WILL BE WIDE-RANGING AND CONSIST OF ALL TRADITIONAL AREAS OF STUDY FOR HIGH SCHOOL STUDENTS. ACCORDINGLY, THE EDUCATION PROVIDED BY THE SCHOOL WILL BE COMPREHENSIVE AND CONSTITUTE A REGULARLY SCHEDULED CURRICULUM. THE PROGRESSIVE TEACHING METHODS OF THE SCHOOL ARE INTENDED TO PROMOTE IN STUDENTS A LOVE OF LEARNING, TO INSTILL IN THEM A SENSE OF PERSONAL WORTH AND RESPECT FOR OTHERS AND TO DEVELOP CRITICAL THINKING SKILLS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,289,632	ExpenseAmt
Grant	$590,000	GrantAmt
Revenue	$0	RevenueAmt
Desc	THE SCHOOL IS NOT YET OPERATIONAL. THE SCHOOL FACILITY AND THE PROPERTY ON WHICH SUCH FACILITY SITS WAS FORMERLY OWNED AND OPERATED BY ANOTHER SECTION 501(C)(3) SCHOOL (UNRELATED TO THE SCHOOL), WHICH SCHOOL IS IN THE PROCESS OF TRANSITIONING ITS OPERATIONS TO ANOTHER STATE. THE SCHOOL FACILITY WAS ACQUIRED BY THE SCHOOL ON DECEMBER 22, 2017 AND THE FORMER OPERATOR CONTINUED ITS CHARITABLE OPERATIONS AT THE SITE THROUGH THE END OF THE SCHOOL YEAR, JUNE 30, 2018, AFTER WHICH THE SCHOOL TOOK OCCUPANCY OF THE SCHOOL FACILITY. THE SCHOOL'S FACILITY WILL REQUIRE SOME REHABILITATION PRIOR TO COMMENCING OPERATIONS TO ADDRESS DEFERRED MAINTENANCE ISSUES IN ORDER TO ACCOMMODATE THE SCHOOL'S ANTICIPATED OPERATIONS AND ACTIVITIES.ONCE OPERATIONAL, THE SCHOOL WILL RECEIVE REVENUES PRIMARILY THROUGH TUITION PAYMENTS FROM STUDENTS. THE SCHOOL MAY ACCEPT GIFTS AND BEQUESTS FROM INDIVIDUALS, CORPORATIONS, FIRMS, TRUSTS AND OTHER ENTITIES.	Desc
Total Program Service Expenses	$1,289,632	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	Yes (1)	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	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	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	18	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
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
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	3	GoverningBodyVotingMembersCnt
Independent Voting Member	0	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	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MCCARTHY LEGAL SERVICES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6172442800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1188 CENTRE STREET	AddressLine1Txt
City	NEWTON CENTRE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02459	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
STEVE HINDS
PRESIDENT & DIRECTOR	5.00	Yes (X)	Yes (X)	$80,125	$0	$0
LISA BESTENI
TREASURER & DIRECTOR	2.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTOPHER JEDREY
CLERK & DIRECTOR	2.00	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$80,125	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
JASON GRIFFITHS
6421 SE STARK STREET	PORTLAND	OR	97215	CONSULTING	$417,477
MCCARTHY LEGAL SERVICES LLC
1188 CENTRE STREET	NEWTON	MA	02459	LEGAL & PROP MGMNT	$388,246
JEN HOLLERAN
5 GRANVILLE ROAD	LINCOLN	MA	01773	CONSULTING	$154,270
FRANCES A MCLAUGHLIN
149 KIMBALL RAOD	AMESBURY	MA	01913	CONSULTING	$132,462

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,847,500	AllOtherContributionsAmt
Total Contributions	$1,847,500	TotalContributionsAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,166,094	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$2,947,001	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$1,780,907	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,780,907	TotalRevenueColumnAmt
Exclusion	-$1,780,907	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$20,102,187	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$7,845,415	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$12,256,772	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,256,772	TotalRevenueColumnAmt
Exclusion	$12,256,772	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,323,365	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$10,475,865	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$590,000	TotalAmt
Program Services	$590,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$80,125	TotalAmt
Management And General	$80,125	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$36,494	TotalAmt
Management And General	$36,494	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$774,732	TotalAmt
Program Services	$699,632	ProgramServicesAmt
Management And General	$75,100	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$203,433	TotalAmt
Management And General	$203,433	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	OTHER EXPENSES	Desc
Total	$13,581	TotalAmt
Management And General	$13,581	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,698,365	TotalAmt
Program Services	$1,289,632	ProgramServicesAmt
Management And General	$408,733	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$577,318	BOYAmt
EOY	$43,117	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$30,750	BOYAmt
EOY	$1,221	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$48,000,000	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$961,539	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$37,540,324	BOYAmt
EOY	$47,038,461	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$84,905	BOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$24,371	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$13,221,649	BOYAmt
EOY	$1,950,000	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$51,479,317	BOYAmt
EOY	$49,032,799	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$26,140,385	BOYAmt
EOY	$24,340,516	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$26,140,385	BOYAmt
EOY	$24,340,516	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$25,338,932	BOYAmt
EOY	$24,692,283	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$25,338,932	BOYAmt
EOY	$24,692,283	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$51,479,317	BOYAmt
EOY	$49,032,799	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$10,625,000	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$11,271,649	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	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

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

Field	Value	IRS element (for citing)
Preservation Public Use	Yes (X)	PreservationPublicUseInd
Protection Natural Habitat	Yes (X)	ProtectionNaturalHabitatInd
Preservation Open Space	Yes (X)	PreservationOpenSpaceInd
Total Easements	1	TotalEasementsCnt
Total Acreage	6.73	TotalAcreageCnt
Historic Structure Easements	0	HistoricStructureEasementsCnt
Historic Strctr Easements Aftr	0	HistoricStrctrEasementsAftrCnt
Modified Easements	0	ModifiedEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	0	WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement	0.00	StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement	$0	ExpensesIncurredEnforcementAmt

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$19,000,000	InvestmentCostOrOtherBasisAmt
Book Value	$19,000,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$29,000,000	InvestmentCostOrOtherBasisAmt
Depreciation	$961,539	DepreciationAmt
Book Value	$28,038,461	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$47,038,461	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
NOTES PAYABLE	$23,978,155
INTEREST PAYABLE	$362,361

Field	Value	IRS element (for citing)
Total Liability	$24,340,516	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$3,998,717	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$2,947,001	OtherRevenueAmt
Revenue Not Reported	$2,947,001	RevenueNotReportedAmt
Revenue Subtotal	$1,051,716	RevenueSubtotalAmt
Other Revenues Not Included	$11,271,649	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$11,271,649	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$12,323,365	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$4,645,366	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,947,001	OtherExpensesIncludedAmt
Expenses Not Reported	$2,947,001	ExpensesNotReportedAmt
Expenses Subtotal	$1,698,365	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,698,365	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART II, LINE 3:	EASEMENT INCLUDED AS PORTION OF LARGER PROPERTY PURCHASE COMPLETED BY THE ORGANIZATION DURING THE YEAR. NO GRANTS OR CONTRIBUTIONS OF EASEMENTS RECEIVED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	PROPERTY-RELATED EXPENSES NETTED AGAINST RENTAL INCOME FOR 990 PRESENTATION 2,947,001.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	TAX BASIS GAIN IN EXCESS OF GAAP 11,271,649.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	PROPERTY-RELATED EXPENSES NETTED AGAINST RENTAL INCOME FOR 990 PRESENTATION 2,947,001.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	0	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	0	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	0	MaintainRacialCompRecsInd
Maintain Scholarships Recs	0	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	0	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	0	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	0	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 3	THE WINTHROP PARK SCHOOL HAS NOT YET BEGUN OPERATIONS AND IS IN ITS START-UP PHASE.
SCHEDULE E, PART I, LINE 4	THE WINTHROP PARK SCHOOL HAS NOT YET BEGUN OPERATIONS. IT IS STILL IN ITS START-UP PHASE AND THEREFORE, SINCE INCEPTION THROUGH JUNE 30, 2018, HAS HAD NO STUDENTS OR FACULTY AND HAS ISSUED NO BROCHURES OR OTHER WRITTEN COMMUNICATIONS TO THE PUBLIC.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CENTER FOR BETTER SCHOOLS (NATIONAL ACADEMY FOR ADVANCED TEACHER EDUCAT	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 HAMILTON DRIVE	AddressLine1Txt
City	PORTSMOUTH	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02871	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	271565143	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$590,000	CashGrantAmt
Valuation Method Used	CASH	ValuationMethodUsedDesc
Purpose Of Grant	DESIGNS OF ADULT LEARNING AND PROGRAM SERVICES IN SUPPORT OF LAB HIGH SCHOOL REQUIREMENTS & SUPPORT OF LAB HIGH SCHOOL DESIGN PROCESS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION REQUIRES THAT ALL GRANTEES PROVIDE PERIODIC SUMMARIES AS TO THE STATUS OF ALL GRANT PROGRAMS AND UPDATE THE TIMELINE OF DELIVERABLES AS PER WRITTEN AGREEMENTS BETWEEN THE ORGANIZATION AND ALL GRANTEES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	A ELECTRONIC AND OR PRINTED COPY OF FORM 990 WILL BE PROVIDED TO EACH MEMBER OF THE GOVERNING BODY. EACH MEMBER OF THE GOVERNING BODY WILL BE GIVEN AN OPPORTUNITY TO QUESTION AND OR COMMENT ON THE FORM 990 PRIOR TO THE FORM 990 BEING FILED.
FORM 990, PART VI, SECTION C, LINE 19	THE SCHOOL IS NOT YET IN OPERATION. AS SOON AS THE SCHOOL BEGINS OPERATIONS, IT WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN PRINT AND ELECTRONICALLY.
FORM 990, PART IX, LINE 11G	PROFESSIONAL FEES & CONSULTING: PROGRAM SERVICE EXPENSES 417,477. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 417,477. STEERING COMMITTEE FEES: PROGRAM SERVICE EXPENSES 282,155. MANAGEMENT AND GENERAL EXPENSES 75,100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 357,255.
FORM 990, PART XI, LINE 9:	GAIN ON PART VIII, LINE 7 IN EXCESS OF BOOK GAIN -11,271,649.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
APPLETREEWOOD LLC
1188 CENTRE STREET C/O MCCARTHY LEG	NEWTON	MA	02459	352247831	TITLE HOLDER TO LAND AND IMPROVEMENTS AT 143 ALEWIFE BROOK PARKWAY/446 CAMBR	MA	WINTHROP PARK SCHOOL INC (82-3447166)
SWEETWOOD LLC
1188 CENTRE STREET C/O MCCARTHY LEG	NEWTON	MA	02459	760758184	TITLE HOLDER TO LAND AND IMPROVEMENTS AT 149-153 ALEWIFE BROOK PARKWAY	MA	WINTHROP PARK SCHOOL INC (82-3447166)
EVERSAIL LLC
1188 CENTRE STREET C/O MCCARTHY LEG	NEWTON	MA	02459	823447166	TITLE HOLDER TO LAND AND IMPROVEMENTS AT 197 HERRICK RD, NEWTON, MA	MA	WINTHROP PARK SCHOOL INC (82-3447166)
DURROW LLC
1188 CENTRE STREET C/O MCCARTHY LEG	NEWTON	MA	02459	320534609	TITLE HOLDER TO LAND AND IMPROV. AT 238 LANGLEY & 160 HERRICK RD, NEWTON, MA	MA	WINTHROP PARK SCHOOL INC (82-3447166)