2020-11-16T11:56:07-06:00 2020-06-30 833019782 STONE & COMPANY LLC 57 BEDFORD ST STE 225 LEXINGTON MA 024204443 990 2019-07-01 042525467 THE LEARNING PROJECT INC LEAR 6172668427 107 MARLBOROUGH STREET BOSTON MA 02116 JUSTIN HAJJ HEAD OF SCHOOL 6172668427 2020-11-13 1 CAROLINE WAWERU CPA P01897319 7818636300 2020-11-13 50.78.27.189 2020-11-13 09:32:00 ES P C570F5CCD2D8C4BD47507799182E6BA672F5F45C C570F5CCD2D8C4BD47507799182E6BA672F5F45C 2019 2021-01-29 14:40:06Z JUSTIN HAJJ 107 MARLBOROUGH STREET BOSTON MA 02116 3672602 0 X LEARNINGPROJECT.ORG X 1973 MA EDUCATIONAL INSTRUCTION GRADES K-6. 20 20 38 50 0 0 1100965 798690 2738448 2772946 91375 49892 28606 20221 3959394 3641749 457099 471870 0 0 2354338 2380111 780 0 143009 453391 391496 3265608 3243477 693786 398272 12587235 13342442 1053048 1250366 11534187 12092076 EDUCATIONAL INSTRUCTION GRADES K-6 0 0 2420779 471870 2772946 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. 2420779 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 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 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 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 GAIL EAGAN TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 ALICIA TOWNS FRANKEN TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 THATIANA GIBSON TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 SOUMYA SIVARAMAN TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 LOUIS TOMPROS TRUSTEE MEMBER AT LARGE 2.00 X 0 0 0 CHRISTOPHER KANDUS-FISHER 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 PARENT MEMBER 2.00 X 0 0 0 ALEXANDRA DELAITE TRUSTEE PARENT MEMBER 2.00 X 0 0 0 MICHAEL MCCORD HEAD OF SCHOOL 40.00 X 145632 0 18264 ELISABETH MCCORD BUSINESS MANAGER 40.00 X 105232 0 16226 JUSTIN HAJJ ASSISTANT HEAD OF SCHOOL 40.00 X 107849 0 22961 358713 0 57451 3 0 1 0 0 8400 790290 18491 798690 TUITION 611710 2760084 2760084 MISCELLANEOUS 900099 10917 10917 APPLICATION FEES 611710 1945 1945 2772946 51578 51578 16805 18491 -1686 -1686 -1686 32583 8400 12362 20221 20221 3641749 2772946 0 70113 471870 471870 288587 65894 189746 32947 1662640 1341715 241577 79348 112948 90013 18035 4900 171712 144163 20499 7050 144224 105407 30643 8174 30509 30509 65344 12465 52879 9078 5947 3131 31680 31680 36504 30019 6485 35991 12700 22306 985 REPAIRS & MAINTENANCE 67867 54294 13573 PRINTING & PUBLICATIONS 30546 5250 25296 EQUIPMENT, SUPPLIES & T 27096 21816 5280 PHILANTHROPY 15026 15026 41855 27546 4704 9605 3243477 2420779 679689 143009 397032 877238 403086 427977 572367 536253 5274 2742 38464 43183 1547443 1187677 285839 359766 10885173 11095283 12587235 13342442 215873 228485 837175 1021881 1053048 1250366 X 9349083 9927592 2185104 2164484 11534187 12092076 12587235 13342442 398272 159617 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 6543282 53350 81413 25480 6652565 5995480 62600 508650 23448 6543282 6512520 35600 529314 1081954 5995480 5831745 5200 708721 33146 6512520 4808186 1139037 -97703 17775 5831745 0.80950 0.09550 0.09500 0 0 1058013 727095 330918 310997 305510 5487 117831 102312 15519 60602 52760 7842 359766 POOLED EQUITY AND FIXED INCOME FUNDS 10257449 F GOVERNMENT MONEY MARKET FUND 837834 F 11095283 X 3341858 159617 12362 171979 3169879 471870 471870 3641749 2783969 12362 12362 2771607 471870 471870 3243477 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, 2016, 2017, 2018 AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 12,362. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 471,870. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 12,362. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 471,870. 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 30171 8400 21771 6252 4637 BOOK FAIR 10603 10603 1473 2 209 209 40983 8400 32583 6252 6110 12362 20221 1 TUITION ASSISTANCE OR SCHOLARSHIP AWARDS. 23 471870 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 MICHAEL MCCORD HEAD OF SCHOOL 145632 0 0 0 0 0 0 0 18264 0 163896 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE HEAD OF THE SCHOOL MICHAEL MCCORD AND THE BUSINESS MANAGER OF THE SCHOOL ELISABETH MCCORD ARE HUSBAND AND WIFE. MR. MCCORD ALSO SERVES AS AN EX-OFFICIO NON-VOTING MEMBER OF THE BOARD OF TRUSTEES OF THE SCHOOL. 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.