TRUSTEES OF THE LAWRENCE ACADEMY AT GROTON: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- TRUSTEES OF THE LAWRENCE ACADEMY AT GROTON (EIN 04-2105775)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-11-05
- IRS object ID
- 202503099349302970
- Schema version
- 2024v5.2
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-05T13:23:38-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BATTERYMARCH PARK SUITE 100 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042105775 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUSTEES OF LAWRENCE ACADEMY | BusinessNameLine1Txt |
| Business Name Line2 | AT GROTON MA CORP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TRUS | BusinessNameControlTxt |
| Phone | 9784486535 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26 POWDERHOUSE ROAD | AddressLine1Txt |
| City | GROTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01450 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT M KRAMER | PersonNm |
| Person Title | ASSISTANT HEAD FOR FIN AND OPS | PersonTitleTxt |
| Phone | 9784486535 | PhoneNum |
| Signature | 2025-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHANNON CROWLEY | PreparerPersonNm |
| PTIN | P01594935 | PTIN |
| Phone | 6177170831 | PhoneNum |
| Preparation | 2025-11-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | KAREN BRANDVOLD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26 POWDERHOUSE ROAD | AddressLine1Txt |
| City | GROTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01450 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $107,723,407 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LACADEMY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1793 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | LAWRENCE ACADEMY'S MISSION ASSERTS THE FOLLOWING IN PROVIDING COLLEGE PREPARATORY EDUCATION FOR BOARDING AND DAY STUDENTS IN GRADES 9-12: "LAWRENCE ACADEMY RECOGNIZES YOU FOR WHO YOU ARE, INSPIRES YOU TO TAKE RESPONSIBILITY FOR WHO YOU WANT TO BECOME, SUPPORTS YOU AS YOU LEARN, AND EMPOWERS YOU TO TAKE ACTION FOR THE GREATER GOOD." THROUGH ITS MISSION AND PROGRAMS, LAWRENCE ACADEMY SEEKS EXCELLENCE AND DISTINCTION THROUGH A "STUDENT-CENTERED" APPROACH TO EDUCATION. THE SCHOOL'S FOCUS BEGINS WITH A CAREFULLY DESIGNED ACADEMIC PROGRAM THAT STRIVES FOR CREATIVE AND INTERDISCIPLINARY APPROACHES TO LEARNING. ARTS AND ATHLETICS ARE ADDITIONAL AVENUES FOR FOSTERING SELF-DISCOVERY, GROWTH, PASSION, AND ACCOMPLISHMENT IN YOUNG PEOPLE. ULTIMATELY THE TOTAL EDUCATION PROGRAM, INCLUDING LIFE ON CAMPUS AND IN THE DORMS, IS DEDICATED TO TRANSFORMING THE LIVES OF YOUNG PEOPLE AND CREATING A COMMUNITY WHERE WELL-BEING, MUTUAL SUPPORT, AND THOUGHTFUL, RESPONSIBLE LIVING ARE FOSTERED. | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 208 | TotalEmployeeCnt |
| Total Volunteers | 125 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,423,078 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,751,269 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,588,647 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $28,555,802 | CYProgramServiceRevenueAmt |
| PY Investment Income | $721,341 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,383,898 | CYInvestmentIncomeAmt |
| PY Other Revenue | $64,188 | PYOtherRevenueAmt |
| CY Other Revenue | $62,439 | CYOtherRevenueAmt |
| PY Total Revenue | $35,797,254 | PYTotalRevenueAmt |
| CY Total Revenue | $37,753,408 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,884,146 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,895,657 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,182,069 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,954,576 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,368,722 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,464,487 | PYOtherExpensesAmt |
| CY Other Expenses | $12,208,254 | CYOtherExpensesAmt |
| PY Total Expenses | $32,530,702 | PYTotalExpensesAmt |
| CY Total Expenses | $34,058,487 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,266,552 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,694,921 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $94,778,767 | TotalAssetsBOYAmt |
| Total Assets EOY | $101,453,929 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,477,853 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,750,163 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $80,300,914 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $85,703,766 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LAWRENCE ACADEMY RECOGNIZES YOU FOR WHO YOU ARE, INSPIRES YOU TO TAKE RESPONSIBILITY FOR WHO YOU WANT TO BECOME, SUPPORTS YOU AS YOU LEARN, AND EMPOWERS YOU TO TAKE ACTION FOR THE GREATER GOOD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $27,657,005 | ExpenseAmt |
| Grant | $5,895,657 | GrantAmt |
| Revenue | $28,694,046 | RevenueAmt |
| Desc | THROUGH ITS MISSION, EACH YEAR LAWRENCE ACADEMY PREPARES MORE THAN ONE HUNDRED GRADUATES FOR SUCCESS IN THEIR NEXT ACADEMIC EXPERIENCES AND IN LIFE. IN THE PROCESS, THE SCHOOL'S ACADEMICS, ARTS, AND ATHLETICS PROGRAMS ALLOW STUDENTS THE OPPORTUNITY TO EXCEL AMONGST PEERS IN THE CONTEXT OF A SUPERB EDUCATIONAL ENVIRONMENT, BOTH WITHIN AND BEYOND SCHOOL. WHILE WE WANT TO SHOW MEASURABLE DEVELOPMENT FOR EACH STUDENT, WE ALSO WANT STUDENTS TO HAVE RICH AND MEANINGFUL EXPERIENCES WITHIN AN INTERDEPENDENT COMMUNITY THAT WILL SHARPEN THEIR APTITUDE AS RESPONSIBLE CITIZENS. ULTIMATELY, WE WANT A LAWRENCE ACADEMY EDUCATION TO TRANSFORM BOTH THE INDIVIDUAL AND SOCIETY. THERE WERE 415 STUDENTS ENROLLED DURING THE 2024/2025 SCHOOL YEAR. | Desc |
| Total Program Service Expenses | $27,657,005 | 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 | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| 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 | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | 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 | 160 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 208 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | 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 | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | 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 | ROBERT M KRAMER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9784486535 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26 POWDERHOUSE ROAD | AddressLine1Txt |
| City | GROTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01450 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| R DANIEL SCHEIBE | |||||||
| HEAD OF SCHOOL | 60.00 | Yes (X) | $556,742 | $0 | $102,591 | ||
| ROBERT M KRAMER | |||||||
| ASST HEAD OF SCHOOL FOR FIN. & OPS | 60.00 | Yes (X) | $232,804 | $0 | $39,993 | ||
| BETH CRUTCHER | |||||||
| DIRECTOR OF ADVANCEMENT | 60.00 | $207,449 | $0 | $41,459 | Yes (X) | ||
| ELIZABETH MARGRAF | |||||||
| ASSISTANT HEAD OF SCHOOL LIFE | 60.00 | Yes (X) | $205,908 | $0 | $41,473 | ||
| MELINDA RABOIN | |||||||
| DIRECTOR OF HEALTH SERVICE | 60.00 | $200,918 | $0 | $25,678 | Yes (X) | ||
| RAQUEL MAJESKI | |||||||
| ASSOCIATE HEAD OF SCHOOL | 60.00 | Yes (X) | $173,017 | $0 | $65,831 | ||
| SEAN SHEEHAN | |||||||
| DIRECTOR OF COLLEGE COUNSELING | 60.00 | $138,632 | $0 | $62,062 | Yes (X) | ||
| MICHAEL POLSONETTI | |||||||
| DEAN OF ADMISSIONS & ENROLLMENT | 60.00 | $137,945 | $0 | $63,017 | Yes (X) | ||
| ANDREW J HEALY | |||||||
| DEAN OF STUDENTS, SPANISH TEACHER | 60.00 | $133,942 | $0 | $61,480 | Yes (X) | ||
| KANA NORIMOTO | |||||||
| TRUSTEE/SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| PHYLLIS ROTHSCHILD | |||||||
| TRUSTEE/VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DAVID STONE | |||||||
| TRUSTEE/TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KAREN MITCHELL BRANDVOLD | |||||||
| TRUSTEE/PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DOUGLAS LONG | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| PETER MYETTE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| PAMELA AMUSA | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| RICHARD TYSON | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BRADFORD HOBBS | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BRUCE MACNEIL | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| KIYOHIKO HIROSE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| EDWARD STEINBORN | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT ACHTMEYER | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| G RANDALL CHAMBERLAIN | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL MCLAUGHLIN | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| DEVIN O'REILLY | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| TAYLOR SELE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| MELISSA BOIS | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| COURTNEY COX HARRISON | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| DAVID MAZZA | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| KATHERINE BEEDE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CYRUS DAFTARY | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| HISE GIBSON | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBIN JONES | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| BRIT DEWEY | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| GREG LAUZE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CATIE MCMENAMIN | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JASON SAGHIR | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CHRIS DAVEY | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| PETER DEFEO | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JESSICA KNAPP | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CHUCK O'BOYLE | |||||||
| TRUSTEE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,987,357 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $503,584 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 79 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLIK INTERNATIONAL CORPORATION | |||||
| PO BOX 417632 | BOSTON | MA | 02241 | DINING HALL SERVICE | $2,097,553 |
| X-PRO CLEANING INC | |||||
| 20 HILLTOP ROAD | DRACUT | MA | 01826 | CLEANING SERVICES | $770,479 |
| FLANSBURGH ASSOCIATES INC | |||||
| 77 N WASHINGTON STREET | BOSTON | MA | 02114 | ARCHITECTURE SERVICES | $502,506 |
| JAMES D JANUSKIEWICZ | |||||
| 5 GROTON SCHOOL ROAD | AYER | MA | 01432 | PAINTING CONTRACTOR | $314,685 |
| YANKEE LINE INC | |||||
| 40 STATION AVENUE | GROTON | MA | 01450 | BUS SERVICES | $186,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $59,411 | FundraisingAmt |
| All Other Contributions | $5,691,858 | AllOtherContributionsAmt |
| Noncash Contributions | $141,005 | NoncashContributionsAmt |
| Total Contributions | $5,751,269 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ACADEMIC YEAR TUITION | 611110 | $28,077,677 | $28,077,677 |
| ACADEMIC SUPPORT PROGRAM | 611110 | $478,125 | $478,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $28,555,802 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,654,000 | TotalRevenueColumnAmt |
| Exclusion | $2,654,000 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $32,986 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $46,095 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$13,109 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$13,109 | TotalRevenueColumnAmt |
| Exclusion | -$13,109 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $70,513,331 | SecuritiesAmt |
| Other | $14,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $69,797,433 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $715,898 | SecuritiesAmt |
| Other | $14,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $729,898 | TotalRevenueColumnAmt |
| Exclusion | $729,898 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $63,775 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $59,411 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $126,471 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$62,696 | TotalRevenueColumnAmt |
| Exclusion | -$62,696 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $138,244 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $138,244 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $138,244 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,753,408 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,694,046 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,308,093 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,500 | TotalAmt |
| Program Services | $88,500 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,807,157 | TotalAmt |
| Program Services | $5,807,157 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,438,445 | TotalAmt |
| Program Services | $670,650 | ProgramServicesAmt |
| Management And General | $603,514 | ManagementAndGeneralAmt |
| Fundraising | $164,281 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,242,647 | TotalAmt |
| Program Services | $8,938,209 | ProgramServicesAmt |
| Management And General | $1,272,897 | ManagementAndGeneralAmt |
| Fundraising | $1,031,541 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $832,290 | TotalAmt |
| Program Services | $669,547 | ProgramServicesAmt |
| Management And General | $78,323 | ManagementAndGeneralAmt |
| Fundraising | $84,420 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,522,641 | TotalAmt |
| Program Services | $1,178,557 | ProgramServicesAmt |
| Management And General | $221,074 | ManagementAndGeneralAmt |
| Fundraising | $123,010 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $918,553 | TotalAmt |
| Program Services | $742,474 | ProgramServicesAmt |
| Management And General | $92,627 | ManagementAndGeneralAmt |
| Fundraising | $83,452 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,470 | TotalAmt |
| Management And General | $51,470 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,960 | TotalAmt |
| Management And General | $60,960 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,443 | TotalAmt |
| Management And General | $167,443 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,472 | TotalAmt |
| Management And General | $174,516 | ManagementAndGeneralAmt |
| Fundraising | $112,956 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,761 | TotalAmt |
| Program Services | $89,146 | ProgramServicesAmt |
| Management And General | $138,549 | ManagementAndGeneralAmt |
| Fundraising | $24,066 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,035 | TotalAmt |
| Program Services | $189,651 | ProgramServicesAmt |
| Management And General | $348,573 | ManagementAndGeneralAmt |
| Fundraising | $430,811 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,772 | TotalAmt |
| Program Services | $167,690 | ProgramServicesAmt |
| Management And General | $4,344 | ManagementAndGeneralAmt |
| Fundraising | $1,738 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,738,203 | TotalAmt |
| Program Services | $3,607,366 | ProgramServicesAmt |
| Management And General | $93,455 | ManagementAndGeneralAmt |
| Fundraising | $37,382 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,678 | TotalAmt |
| Program Services | $49,726 | ProgramServicesAmt |
| Management And General | $23,683 | ManagementAndGeneralAmt |
| Fundraising | $46,269 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,613 | TotalAmt |
| Program Services | $175,613 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,036,026 | TotalAmt |
| Program Services | $1,964,766 | ProgramServicesAmt |
| Management And General | $50,900 | ManagementAndGeneralAmt |
| Fundraising | $20,360 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $342,282 | TotalAmt |
| Management And General | $342,282 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICES | $2,067,271 | $1,569,574 | $291,064 | $206,633 |
| ATHLETIC EXPENSES | $671,638 | $671,638 | ||
| ACADEMIC DEPT. EXPENSES | $556,826 | $556,826 | ||
| STUDENT SUPP. EXPENSES | $526,224 | $519,915 | $4,506 | $1,803 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,580 | TotalAmt |
| Management And General | $12,580 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,058,487 | TotalAmt |
| Program Services | $27,657,005 | ProgramServicesAmt |
| Management And General | $4,032,760 | ManagementAndGeneralAmt |
| Fundraising | $2,368,722 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,098,577 | BOYAmt |
| EOY | $1,760,758 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,156,083 | BOYAmt |
| EOY | $356,143 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,553,870 | BOYAmt |
| EOY | $3,565,094 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,475 | BOYAmt |
| EOY | $25,801 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $710,078 | BOYAmt |
| EOY | $689,461 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $66,427,652 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,358,122 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,914,421 | BOYAmt |
| EOY | $29,069,530 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,852,348 | BOYAmt |
| EOY | $61,171,687 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,980,563 | BOYAmt |
| EOY | $4,293,766 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $484,352 | BOYAmt |
| EOY | $521,689 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,778,767 | BOYAmt |
| EOY | $101,453,929 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,244,082 | BOYAmt |
| EOY | $3,422,869 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,961,622 | BOYAmt |
| EOY | $7,211,714 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,272,149 | BOYAmt |
| EOY | $5,115,580 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,477,853 | BOYAmt |
| EOY | $15,750,163 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,349,831 | BOYAmt |
| EOY | $34,738,599 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,951,083 | BOYAmt |
| EOY | $50,965,167 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,300,914 | BOYAmt |
| EOY | $85,703,766 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,778,767 | BOYAmt |
| EOY | $101,453,929 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,694,921 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,678,401 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $29,530 | 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 | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,286,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,751,935 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,894,662 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,423,078 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,751,269 | CurrentTaxYearAmt |
| Total | $28,107,454 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,286,510 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,751,935 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,894,662 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,423,078 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,751,269 | CurrentTaxYearAmt |
| Total | $28,107,454 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,879,059 | SubstantialContributorsTotAmt |
| Public Support Total170 | $24,228,395 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $975,011 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,445,316 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,233,507 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,681,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,686,986 | CurrentTaxYearAmt |
| Total | $8,021,960 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,389,580 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $578,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $184,882 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $130,537 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $138,244 | CurrentTaxYearAmt |
| Total | $3,421,943 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $39,551,357 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $131,933,187 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.61260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58650 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2020 AMOUNT: $ 2,389,580. 2021 AMOUNT: $ 578,700. 2022 AMOUNT: $ 184,882. 2023 AMOUNT: $ 130,537. 2024 AMOUNT: $ 138,244. | ExplanationTxt |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,296,815 | BeginningYearBalanceAmt |
| Contributions | $291,610 | ContributionsAmt |
| Investment Earnings Or Losses | $3,758,490 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $407,943 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,348,922 | OtherExpendituresAmt |
| End Year Balance | $43,590,050 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,086,473 | BeginningYearBalanceAmt |
| Contributions | $144,495 | ContributionsAmt |
| Investment Earnings Or Losses | $4,666,175 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $361,259 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,239,069 | OtherExpendituresAmt |
| End Year Balance | $41,296,815 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,977,781 | BeginningYearBalanceAmt |
| Contributions | $1,143,233 | ContributionsAmt |
| Investment Earnings Or Losses | $3,496,265 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $297,324 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,233,482 | OtherExpendituresAmt |
| End Year Balance | $38,086,473 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $40,315,179 | BeginningYearBalanceAmt |
| Contributions | $1,578,985 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,671,383 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $318,575 | GrantsOrScholarshipsAmt |
| Other Expenditures | $926,425 | OtherExpendituresAmt |
| End Year Balance | $34,977,781 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,975,139 | BeginningYearBalanceAmt |
| Contributions | $1,490,158 | ContributionsAmt |
| Investment Earnings Or Losses | $10,998,277 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $256,586 | GrantsOrScholarshipsAmt |
| Other Expenditures | $891,809 | OtherExpendituresAmt |
| End Year Balance | $40,315,179 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.31214 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.68786 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,463,442 | OtherCostOrOtherBasisAmt |
| Book Value | $3,463,442 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,533,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,058,141 | DepreciationAmt |
| Book Value | $20,475,187 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,064,216 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,299,981 | DepreciationAmt |
| Book Value | $764,235 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,366,666 | OtherCostOrOtherBasisAmt |
| Book Value | $4,366,666 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,069,530 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $33,218,422 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,678,401 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $75,625 | OtherRevenueAmt |
| Revenue Not Reported | $1,754,026 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,464,396 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $167,443 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $6,121,569 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,289,012 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $37,753,408 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,815,570 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $46,095 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $46,095 | ExpensesNotReportedAmt |
| Expenses Subtotal | $27,769,475 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $167,443 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $6,121,569 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,289,012 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $34,058,487 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE PERMANENT FUNDS WITH INCOME ONLY TO BE USED FOR EITHER UNRESTRICTED OR DONOR RESTRICTED PURPOSES. IN ADDITION TO UNRESTRICTED USE, FUNDS DESIGNATED AS RESTRICTED FUNDS SUPPORT VARIOUS PURPOSES AS FOLLOWS: FINANCIAL AID, SALARIES AND BENEFITS, ACADEMICS, COMMUNITY SERVICE, PHYSICAL PLANT, PRIZES, PROFESSIONAL DEVELOPMENT, SABBATICAL PROGRAMS, SPEAKERS/VISITING SCHOLAR AND STUDENT LIFE/STUDENT LEADERSHIP. |
| PART X, LINE 2: | THE ACADEMY QUALIFIES AS A TAX-EXEMPT, NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS REQUIRED. IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ACADEMY ANNUALLY EVALUATES ITS TAX STATUS AND TAX POSITIONS TAKEN WITH RESPECT TO ITS OPERATIONS AND FINANCIAL POSITION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 46,095. CHANGE IN VALUE OF SPLIT INTEREST -7,807. CHANGE IN VALUE OF PERPETUAL TRUSTS 37,337. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION 5,807,157. CAPITAL CAMPAIGN EXPENSES 314,412. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 46,095. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION 5,807,157. CAPITAL CAMPAIGN EXPENSES 314,412. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE NONDISCRIMINATION POLICY IS ON THE HOMEPAGE OF THE SCHOOL'S WEBSITE. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Type Of Activities ConductedTypeOfActivitiesConductedTxt |
|---|---|---|---|---|---|
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | FOREIGN INVESTMENTS | $398,107 | |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | FOREIGN INVESTMENTS | $980,625 | |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | PROGRAM SERVICES | $143,297 | STUDY ABROAD TRIPS |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | PROGRAM SERVICES | $6,653 | ADMISSIONS RECRUITING |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | PROGRAM SERVICES | $152,741 | STUDY ABROAD TRIPS |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | $15,182 | FUNDRAISING | |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | $18,940 | ADMISSIONS RECRUITING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,715,545 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,715,545 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPARTAN GOLF CLASSIC EVENT | Event1Nm |
| Gross Receipts Event1 | $105,866 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $57,791 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $48,075 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $6,247 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $58,120 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $6,194 | OtherDirectExpensesEvent1Amt |
| Event2 | SPRING SOCIAL | Event2Nm |
| Gross Receipts Event2 | $7,220 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $1,620 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $5,600 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,620 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $5,812 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $954 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $10,100 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $10,100 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $9,393 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $31,357 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $6,774 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $123,186 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $59,411 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $63,775 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $7,867 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $67,513 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $37,169 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,922 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $126,471 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$62,696 | NetIncomeSummaryAmt |
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 | TOWN OF GROTON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 173 MAIN STREET | AddressLine1Txt |
| City | GROTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01450 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 046001164 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $82,500 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | CONTRIBUTION MADE TO THE TOWN TO HELP SUBSIDIZE THEIR ANNUAL OPERATING BUDGET. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID FOR STUDENT | GrantTypeTxt |
| Recipient | 113 | RecipientCnt |
| Cash Grant | $5,807,157 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL FINANCIAL AID AWARDS ARE MADE BASED ON DEMONSTRATED FINANCIAL NEED AS DETERMINED BY THE SCHOOL AND SCHOLARSHIP SERVICE (SSS) BY NAIS. AWARDS ARE DETERMINED BY THE DIRECTOR OF FINANCIAL AID. ALL AWARDS ARE ISSUED AS REDUCTIONS IN TUITION BEING BILLED. APPROVED LIST OF AWARDS IS PROVIDED TO THE BUSINESS OFFICE AND ARE POSTED TO THE SPECIFIC STUDENT'S ACCOUNT ACCORDING TO THE TUITION PAYMENT PLAN THE FAMILY HAS SELECTED. LISTS AND POSTINGS ARE CROSS-CHECKED IN BUSINESS OFFICE TO ENSURE ACCURACY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R DANIEL SCHEIBE | ||||||||||||||
| HEAD OF SCHOOL | $556,742 | $0 | $0 | $0 | $0 | $0 | $27,600 | $0 | $74,991 | $0 | $659,333 | $0 | $0 | $0 |
| ROBERT M KRAMER | ||||||||||||||
| ASST HEAD OF SCHOOL FOR FIN. & OPS | $232,804 | $0 | $0 | $0 | $0 | $0 | $18,624 | $0 | $21,369 | $0 | $272,797 | $0 | $0 | $0 |
| BETH CRUTCHER | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $207,449 | $0 | $0 | $0 | $0 | $0 | $16,596 | $0 | $24,863 | $0 | $248,908 | $0 | $0 | $0 |
| ELIZABETH MARGRAF | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL LIFE | $205,908 | $0 | $0 | $0 | $0 | $0 | $16,473 | $0 | $25,000 | $0 | $247,381 | $0 | $0 | $0 |
| MELINDA RABOIN | ||||||||||||||
| DIRECTOR OF HEALTH SERVICE | $200,918 | $0 | $0 | $0 | $0 | $0 | $15,873 | $0 | $9,805 | $0 | $226,596 | $0 | $0 | $0 |
| RAQUEL MAJESKI | ||||||||||||||
| ASSOCIATE HEAD OF SCHOOL | $173,017 | $0 | $0 | $0 | $0 | $0 | $13,840 | $0 | $51,991 | $0 | $238,848 | $0 | $0 | $0 |
| SEAN SHEEHAN | ||||||||||||||
| DIRECTOR OF COLLEGE COUNSELING | $138,632 | $0 | $0 | $0 | $0 | $0 | $10,071 | $0 | $51,991 | $0 | $200,694 | $0 | $0 | $0 |
| MICHAEL POLSONETTI | ||||||||||||||
| DEAN OF ADMISSIONS & ENROLLMENT | $137,945 | $0 | $0 | $0 | $0 | $0 | $11,026 | $0 | $51,991 | $0 | $200,962 | $0 | $0 | $0 |
| ANDREW J HEALY | ||||||||||||||
| DEAN OF STUDENTS, SPANISH TEACHER | $133,942 | $0 | $0 | $0 | $0 | $0 | $9,489 | $0 | $51,991 | $0 | $195,422 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF LAWRENCE ACADEMY, HOUSING IS PROVIDED TO ROBERT SCHEIBE, HEAD OF SCHOOL, RAQUEL MAJESKI, ASSOCIATE HEAD OF SCHOOL, ELIZABETH C MARGRAF, ASSISTANT HEAD OF SCHOOL LIFE, MICHAEL POLSONETTI, DEAN OF ADMISSIONS AND ENROLLMENT, SEAN SHEEHAN, DIRECTOR OF COLLEGE COUNSELING AND ANDREW J HEALY, DEAN OF STUDENTS AND SPANISH TEACHER. LAWRENCE ACADEMY BELIEVES THE HOUSING IS NOT TAXABLE. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| Bond Issued | 2022-05-12 | BondIssuedDt |
| Issue Price | $5,684,383 | IssuePriceAmt |
| Purpose | REFINANCE OF 2012 BONDS USED TO FUND VARIOUS FACILITIES EXPANSIONS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $460,174 | RetiredAmt |
| Total Proceeds | $5,684,383 | TotalProceedsAmt |
| Other Spent Proceeds | $5,684,383 | OtherSpentProceedsAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $123,277 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV AT DONATION | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | AUCTION ITEMS | Desc |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,436 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV AT DONATION | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF DONORS WHO GAVE DONATIONS FOR SECURITIES PUBLICLY TRADED. THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS DONATED FOR THE AUCTION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETED FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES WILL BE PROVIDED WITH AN ELECTRONIC VERSION OF THE FORM 990 AND SUPPORTING SCHEDULES PRIOR TO SUBMISSION WITH THE EXCEPTION OF A REDACTED VERSION OF SCHEDULE B, WHICH DOES NOT INCLUDE THE NAMES AND ADDRESSES OF DONORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH TRUSTEE MUST SIGN AN ANNUAL CONFLICT OF INTEREST FORM. IF A MEMBER OF THE BOARD OF TRUSTEES HAS AN INTEREST IN A PROPOSED TRANSACTION, HE OR SHE MUST DISCLOSE THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE CONSIDERING THE PROPOSED BUSINESS TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT HAS BEEN MADE, THE INTERESTED PERSON MUST LEAVE THE MEETING WHILE THE CONFLICT IS DISCUSSED AND VOTED ON. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHO WILL INFORM THE BOARD OF ITS REVIEW. THE COMMITTEE LOOKS AT COMPARABLE DATA FROM A GROUP OF SCHOOLS. DATA IS TAKEN FROM THE NAIS EXECUTIVE COMPENSATION DATA PROVIDED BY NAIS MEMBER SCHOOLS. LEGAL COUNSEL IS CONTACTED WHEN THERE ARE PROPOSED CHANGES TO THE EXISTING TERMS OF THE CONTRACT. THE MEETINGS ARE DOCUMENTED AND A NEW CONTRACT IS PREPARED FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE MET SEVERAL TIMES DURING FY23 AND FY24 TO REVIEW, NEGOTIATE AND AMEND THE 2019 CONTRACT FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL SIGNED A NEW CONTRACT ON AUGUST 15, 2023 THAT COVERS THE PERIOD FROM JULY 1, 2020 UP TO AND INCLUDING JUNE 30, 2028. THE HEAD OF SCHOOL IS RESPONSIBLE FOR SETTING THE SALARIES OF ALL OTHER EMPLOYEES. THIS PROCESS WAS COMPLETED IN 2024. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL FORMS REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION WILL BE MADE AVAILABLE UPON WRITTEN REQUEST OR CAN BE VIEWED AT THE SCHOOL'S CORPORATE ADDRESS IN GROTON, MASSACHUSETTS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -7,807. CHANGE IN VALUE OF PERPETUAL TRUSTS 37,337. |
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