2020-04-30T14:01:19-05:00 2019-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-07-01 042137227 DERBY ACADEMY TRUSTEES DERB 7817490746 56 BURDITT AVENUE HINGHAM MA 02043 MICHELLE BUCKLEY TREASURER 7817490746 2020-04-21 1 LAURA J KENNEY P00202198 6177170831 2020-04-21 64.251.63.131 2020-04-21 10:11:41 ED P C2A8F68C24BA4106533A6CD8C72FD917E7C6626D 9F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB 2018 2020-09-23 17:36:50Z JOSEPH PERRY 56 BURDITT AVENUE HINGHAM MA 02043 13856939 0 X WWW.DERBYACADEMY.ORG X 1784 MA EDUCATION PROGRAMS AND DAY SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE 8. 17 17 194 300 0 0 982920 1089957 11321687 10813114 550154 643970 161762 66802 13016523 12613843 1260516 1000449 0 0 7621873 8460214 0 0 640900 3751883 4088918 12634272 13549581 382251 -935738 31152427 30162860 9052803 8998974 22099624 21163886 EDUCATION PROGRAMS AND DAY SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE 8. 0 0 9862472 955196 10366538 INSTRUCTION AND STUDENT ACTIVITIES FOR APPROXIMATELY 312 STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE 8. ACHIEVEMENTS INCLUDE ACADEMIC ADVANCEMENT TO THE NEXT GRADE LEVEL FOR ALL STUDENTS, SOCIAL DEVELOPMENT THROUGH CLASSROOM ACTIVITIES, TEAM SPORTS, PERFORMING ARTS, FAMILY STYLE LUNCHES, AND DEVELOPMENT OF THE INTELLECTUAL CURIOSITY OF EACH STUDENT USING HIS OR HER LEARNING STYLE TO GUIDE THE PROCESS. 474496 45253 491421 SUMMER PROGRAMS FOR ARTS, EDUCATION AND ACTIVITIES SERVING APPROXIMATELY 410 STUDENTS. ACHIEVEMENTS INCLUDE DEVELOPMENT OF STUDENT ABILITIES IN PERFORMING ARTS, CREATIVE CRAFT, ATHLETICS, SCIENTIFIC EXPLORATION AND OUTDOOR ACTIVITIES. 10336968 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 194 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X X PHILIP CANTILLON 7817490746 56 BURDITT AVENUE HINGHAM MA 020431846 JOHN DREW TRUSTEE 1.00 X 0 0 0 MICHELLE M BUCKLEY TRUSTEE 1.00 X 0 0 0 CAROLINE CURTIS HAYES TRUSTEE 1.00 X 0 0 0 METRI METRI TRUSTEE 1.00 X 0 0 0 KRISTEN MAXWELL TRUSTEE 1.00 X 0 0 0 JENNIFER LOWE NEWELL TRUSTEE 1.00 X 0 0 0 ROBERT FAWCETT JR TRUSTEE 1.00 X 0 0 0 JAY SADLON TRUSTEE 1.00 X 0 0 0 PAMELA MARSHMAN TRUSTEE 1.00 X 0 0 0 LEIGH SCHWARTZ TRUSTEE 1.00 X 0 0 0 JEAN JONES TRUSTEE 1.00 X 0 0 0 SUZANNE NORRIS TRUSTEE 1.00 X 0 0 0 MARK JONES TRUSTEE 1.00 X 0 0 0 PAUL SCANLON TRUSTEE/ PRESIDENT 1.00 X X 0 0 0 LORI CASHMAN TRUSTEE/VICE PRESIDENT 5.00 X X 0 0 0 HUGH KELLY TRUSTEE/TREASURER 3.00 X X 0 0 0 CHRISTIE O'CONNOR TRUSTEE/SECRETARY 1.00 X X 0 0 0 JOSEPH PERRY HEAD OF SCHOOL 45.00 X 233765 0 172903 PHILIP CANTILLON CHIEF FINANCIAL OFFICER 45.00 X 156873 0 32464 JOHN HOUGHTON ASSOCIATE HEAD OF SCHOOL 45.00 X 179557 0 34064 SCOT CHANDLER HEAD OF LOWER SCHOOL 45.00 X 118807 0 61543 PAUL MOUNTCASTLE DIRECTOR OF DEVELOPMENT 45.00 X 107610 0 22864 796612 0 323838 5 0 1 0 FLIK 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICES 551187 BRIGHTVIEW 70 CEYLON STREET BOSTON MA 02121 LANDSCAPING 190211 JOSEPH INGLE CO 577 CIRCUIT STREET HANOVER MA 02339 BUSSING 179097 PROSPECT BUILDING SERVICES 360 PEARL STREET MALDEN MA 02148 CLEANING SERVICES 161046 MONUMENT TECH 361 MAIN STREET HINGHAM MA 02043 IT SUPPORT 151355 5 91160 998797 90641 1089957 TUITION AND FEES 611110 10567462 10567462 STUDENT SUPPORT SERVICES 611110 245652 245652 10813114 359189 359189 40650 0 40650 40650 40650 1501184 3600 1220003 0 281181 3600 284781 284781 4400 91160 23093 -18693 -18693 MISCELLANEOUS REVENUE 900099 44845 44845 44845 12613843 10857959 0 665927 1000449 1000449 728898 728898 6080569 5048366 657732 374471 322937 292456 13083 17398 855288 744980 73128 37180 472522 351503 94480 26539 153032 153032 25855 25855 74608 74608 207121 76814 129589 718 47049 47049 95300 4551 18727 72022 857812 756812 96868 4132 84083 2580 34233 47270 77112 61740 13576 1796 248706 35662 213044 669545 599720 69825 103829 80063 22681 1085 FOOD 551480 524113 24747 2620 PROGRAM SUPPLIES 363206 305736 33430 24040 TRANSPORTATION 164310 164310 SPECIAL PROGRAMS 109999 109999 255871 177114 47128 31629 13549581 10336968 2571713 640900 42041 15648 2778331 1476372 17400 152583 223238 378828 274110 132770 25077856 9015528 16316114 16062328 11501193 11944331 31152427 30162860 715834 1028608 2343980 2196926 5992989 5773440 9052803 8998974 X 16023028 14898117 3924445 4005529 2152151 2260240 22099624 21163886 31152427 30162860 -935738 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11501193 292283 550855 400000 11944331 11000800 136219 664174 300000 11501193 10008846 29867 1262087 300000 11000800 10439462 63319 -293935 200000 10008846 10938592 9335 -195994 312471 10439462 0.47530 0.18920 0.33550 0 0 2453222 2453222 20233156 7525602 12707554 1389704 844458 545246 1001774 645468 356306 16062328 11441619 23093 23093 11418526 74608 1120709 1195317 12613843 12377357 23093 23093 12354264 74608 1120709 1195317 13549581 PART V, LINE 4: THE ENDOWMENT FUND IS USED TO SUPPORT OPERATIONS, INCLUDING FACILITY COSTS AND FINANCIAL AID. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 23,093. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,120,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 23,093. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,120,709. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IN ALL BROCHURES, HANDBOOK AND PUBLICATIONS USED BY THE SCHOOL, THE STATEMENT IS INCLUDED. ALSO, AN ANNUAL STATEMENT APPEARS IN THE BOSTON GLOBE NEWSPAPER SPONSORED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. SCHOLARSHIP DINNER 95560 91160 4400 3277 8440 11376 95560 91160 4400 3277 8440 11376 23093 -18693 1 FINANCIAL AID FOR ATTENDING STUDENTS 34 1000449 PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED DETERMINED BY THE NAIS GUIDELINES AND ARE SET BY THE HEAD OF SCHOOL, CFO AND HEAD OF ADMISSIONS. THE FINANCIAL AID BUDGET IS THEN FORMALLY SET BY THE FINANCE COMMITTEE WITH APPROVAL BY THE BOARD ON A YEARLY BASIS. X 0 0 X X X X 0 1 0 0 0 0 0 0 0 JOSEPH PERRY HEAD OF SCHOOL 233765 0 0 0 0 0 40667 0 132236 0 406668 0 0 0 PHILIP CANTILLON CHIEF FINANCIAL OFFICER 156873 0 0 0 0 0 13608 0 18856 0 189337 0 0 0 JOHN HOUGHTON ASSOCIATE HEAD OF SCHOOL 179557 0 0 0 0 0 15208 0 18856 0 213621 0 0 0 SCOT CHANDLER HEAD OF LOWER SCHOOL 118807 0 0 0 0 0 10172 0 51371 0 180350 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES EMPLOYER-PROVIDED HOUSING. THE AMOUNT IS NOT CONSIDERED TAXABLE. PART I, LINE 4B IN JULY 2017, DERBY ACADEMY ADOPTED A 457(F) NONQUALIFED DEFERRED COMPENSATION PLAN FOR THE HEAD OF SCHOOL. $21,000 OF CONTRIBUTIONS WERE MADE TO THE PLAN IN FY19. THE HEAD OF SCHOOL'S ACCOUNT SHALL VEST ON JUNE 30, 2023, SUBJECT TO THE HEAD OF SCHOOL'S CONTINUED EMPLOYMENT WITH THE SCHOOL THROUGH THE VESTING DATE A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2016-04-26 1666025 TO PAY OFF PRIOR ISSUANCE FROM 2006 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2018-04-27 4750000 ACQUISITION OF PROPERTY 0 0 0 A 469443 1666025 1666025 1 0 1 1 B 74028 4750000 100948 4649052 2018 0 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 X 4 90641 FMV AT DONATION 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF DONORS WHO DONATED STOCK. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WHO THEN PRESENTS THE FORM 990 TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. EACH TRUSTEE RECEIVES A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH EACH NEW TRUSTEE BEFORE HE OR SHE IS ELECTED. ON AN ANNUAL BASIS, EACH TRUSTEE IS REQUIRED TO COMPLETE AND SIGN A STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST AS REQUIRED BY THE POLICY. ANY CONFLICTS DISCLOSED ARE REPORTED TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS COMPARABLE DATA AND APPROVES COMPENSATION FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL'S PERFORMANCE IS REVIEWED ANNUALLY BY A SUBCOMMITTEE OF THE BOARD. THIS PROCESS WAS LAST FOLLOWED IN 2019. THE HEAD OF SCHOOL'S COMPENSATION IS DOCUMENTED IN AN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.