2020-07-14T11:28:55-05:00 2019-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2018-07-01 320048804 Mount Prospect Academy MOUN 6035361102 PO Box 325 Orford NH 03777 Jay Wolter CFO 6035361102 2020-07-10 1 Barbara J McGuan CPA P00219457 2077752387 2020-07-10 69.49.157.66 2020-07-10 14:35:31 ED P 4325644121B434A7DDEA38392197C5174BA1E390 54E975389D06730D00BEF9F79BB274364F5B8385 2018 2020-11-19 02:30:22Z Jeffrey Caron PO Box 325 Orford NH 03777 20555886 0 X N/A X 2003 NH Operation of a school and residential treatment facility for children and troubled youth together with related community based services. 5 5 374 8 0 0 363025 363835 10464963 20178004 761 847 24899 13200 10853648 20555886 0 0 0 0 7543872 14406250 0 0 0 2497798 5065523 10041670 19471773 811978 1084113 7803246 12142816 2831898 6087355 4971348 6055461 X Operation of a school and residential treatment facilities for at risk children and youth together with related community based services for youth and families to support community engagement and transition. 1 0 16550363 20178004 Tuition, room, board and related expenses of operating a school and residential treatment facility together with ancillary programs. 16550363 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 374 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Tammy Olsen 6033539102 PO Box 325 Orford NH 03777 Jon Bownes Director 1.00 X 0 0 0 James Carey MEd Director 1.00 X 0 0 0 Paul Fitzgerald Director 1.00 X 0 0 0 Michael Sullivan Director 1.00 X 0 0 0 Charles Wheeler Director 1.00 X 0 0 0 Jeffrey Caron President 40.00 X 154704 0 29849 Susan Beck-Dore Executive Director 40.00 X 203117 0 7500 Jay Wolter Chief Financial Officer 25.00 X 103633 0 3846 Ladd Raine Associate Executive Director 40.00 X 108411 0 14676 569865 0 55871 4 0 1 0 0 363103 732 363835 Tuition 611600 19993251 19993251 State Nutrition 611600 103041 103041 Other Income 611600 81712 81712 20178004 847 847 13200 0 13200 13200 13200 20555886 20178004 0 14047 502649 438428 64221 11003161 9663000 1340161 145770 140404 5366 1876788 1558087 318701 877882 770747 107135 563626 563626 24075 24075 7500 7500 322593 140329 182264 39380 36181 3199 1091444 1028020 63424 1101605 1079411 22194 666551 646805 19746 94026 82266 11760 140578 14208 126370 587588 587355 233 156239 156239 Miscellaneous 170585 127943 42642 Student Clothing & Pers 80940 80940 Loss on Disposal of Pro 13434 13434 UBI Tax 5359 5359 19471773 16550363 2921410 0 X 54704 64311 392541 2475482 1690549 2622353 19020 28542 10002028 3487862 4435484 6514166 1210948 437962 7803246 12142816 978277 1397181 1853621 4154613 0 535561 2831898 6087355 X 4971348 6055461 4971348 6055461 7803246 12142816 1084113 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 862623 862623 5211116 3487862 1723254 1889250 1889250 418002 418002 1621037 1621037 6514166 Due to Related Parties 535561 535561 20528275 0 20528275 27611 27611 20555886 19444162 0 19444162 27611 27611 19471773 Part XI, Line 4b - Other Adjustments: Loss on Disposal of Property 13,434. Bad Debt Recoveries 14,177. Part XII, Line 4b - Other Adjustments: Loss on Disposal of Property 13,434. Bad Debt Recoveries 14,177. Schedule D, Part VI Accumulated depreciation is consolidated into one account. Therefore, the Organization maintains no categorical breakdown of accumulated depreciation. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Organization has no solicitation or registration period for its students. The Organization accepts all students referred from the state and local governments and school districts with special needs serviced by the Organization. Schedule E, Part I, Line 6 The agency's operations are funded through contracts with government agencies. The majority of revenues are contingent upon adequate government funding. X X 0 0 0 0 0 0 0 0 0 Jeffrey Caron President 154704 0 0 0 0 0 5838 0 24011 0 184553 0 0 0 Susan Beck-Dore Executive Director 203117 0 0 0 0 0 7500 0 0 0 210617 0 0 0 Form 990, Part III, line 2 Continued growth in community services in MA, as well additional residential services in NH. Form 990, Part VI, Section A, line 2 Jay Wolter, Chief Administrative Officer, and Jeff Caron, President, have a business relationship. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the Organization's management and is then presented to the board by mail prior to the next board meeting. Form 990, Part VI, Section B, line 12c Conflicts of interest are reviewed at the board level in connection with any transaction and also via an annual disclosure process documented in board minutes. To formalize this process, the disclosure of conflicts is on the agenda of the annual board meeting, and at applicable other Board meetings. Form 990, Part VI, Section B, line 15 The board reviews external data, deliberates, and determines the appropriate level of compensation. The process is documented in the minutes and dialogue takes place outside of the presence of the compensated party. In the case of key employees hired by the President, external benchmarking data from reputable sources are evaluated. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, or financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Mount Prospect Academy P.O. Box 325 Orford, NH 03777 EIN: 32-0048804 Mount Prospect Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).