CODMAN ACADEMY FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CODMAN ACADEMY FOUNDATION (EIN 04-3559945)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-25
IRS object ID
201911159349301101
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-04-25T10:33:43-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALEXANDER ARONSON FINNING & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043559945EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CODMAN ACADEMY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCODMBusinessNameControlTxt
Phone6172870700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1637 WASHINGTON STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02124ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY WEBERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6172870700PhoneNum
Signature2019-04-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN BUCKLEY CPAPreparerPersonNm
PTINP00830631PTIN
Phone5083669100PhoneNum
Preparation2019-04-23PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.238.141.162IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-23IPDt
IP Tm09:22:09IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF4247996A0DFD92197EA51AEF4558D040C319DAAAtSubmissionCreationDeviceId
At Submission Filing Device IdD0D11AF730C84EA989067D997D1D7D43B936B30FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARY WEBERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1637 WASHINGTON STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02124ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,831,396GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCODMANACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO SUPPORT THE MISSION OF CODMAN ACADEMY CHARTER PUBLIC SCHOOL.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$918,163PYContributionsGrantsAmt
CY Contributions Grants$1,228,972CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$148,251PYInvestmentIncomeAmt
CY Investment Income$150,644CYInvestmentIncomeAmt
PY Other Revenue$853,315PYOtherRevenueAmt
CY Other Revenue$6,630CYOtherRevenueAmt
PY Total Revenue$1,919,729PYTotalRevenueAmt
CY Total Revenue$1,386,246CYTotalRevenueAmt
PY Grants And Similar Paid$350,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$426,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$141,652PYOtherExpensesAmt
CY Other Expenses$106,584CYOtherExpensesAmt
PY Total Expenses$491,652PYTotalExpensesAmt
CY Total Expenses$532,584CYTotalExpensesAmt
PY Revenues Less Expenses$1,428,077PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$853,662CYRevenuesLessExpensesAmt
Total Assets BOY$17,245,809TotalAssetsBOYAmt
Total Assets EOY$16,516,803TotalAssetsEOYAmt
Total Liabilities BOY$7,101,279TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,518,611TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,144,530NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,998,192NetAssetsOrFundBalancesEOYAmt
MissionTO SUPPORT THE MISSION OF THE CODMAN ACADEMY CHARTER PUBLIC SCHOOL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$432,776ExpenseAmt
Grant$426,000GrantAmt
DescTO PROMOTE THE FINANCIAL WELL-BEING OF THE CODMAN ACADEMY CHARTER PUBLIC SCHOOL AND TO SUPPORT VARIOUS STUDENT ENRICHMENT ACTIVITIES.Desc
Total Program Service Expenses$432,776TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAWN LEANESSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172870700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1637 WASHINGTON STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02124ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
CHRISTINE CARSMAN
DIRECTOR1.00Yes (X)$0$0$0
ROANN COSTIN
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER DEL COL
DIRECTOR, CLERK1.00Yes (X)$0$0$0Yes (X)
JAMES DILLON
DIRECTOR1.00Yes (X)$0$0$0
PERRIN GRAYSON
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER HARRIS LEFT FY18
DIRECTOR, CLERK1.00Yes (X)$0$0$0Yes (X)
MARIANNE LORD
DIRECTOR1.00Yes (X)$0$0$0
LAWRENCE O'DONNELL
DIRECTOR1.00Yes (X)$0$0$0
ANDREW PERLMUTTER
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM WALL
DIRECTOR, TREASURER1.00Yes (X)$0$0$0Yes (X)
STEPHEN SANDAK
DIRECTOR1.00Yes (X)$0$0$0
MARY WEBER
DIRECTOR, PRESIDENT1.00Yes (X)$0$0$0Yes (X)
PATTI SARIS
DIRECTOR1.00Yes (X)$0$0$0
MEREDITH HOLLIS
DIRECTOR1.00Yes (X)$0$0$0
BILL TRIANT
DIRECTOR1.00Yes (X)$0$0$0
MBAKWE OKAFOR
DIRECTOR1.00Yes (X)$0$0$0
CANDACE LAU-HANSEN
DIRECTOR1.00Yes (X)$0$0$0
GLENDA FISHMAN JOINED FY18
DIRECTOR1.00Yes (X)$0$0$0
JASON HIRSCH JOINED FY18
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER PETRYSHIN JOINED FY18
DIRECTOR1.00Yes (X)$0$0$0
ANNE VON GUIONNEAU JOINED FY18
DIRECTOR1.00Yes (X)$0$0$0
MEG CAMPBELL
DIRECTOR1.00Yes (X)$0$0$0
THABITI BROWN
DIRECTOR1.00Yes (X)$0$144,200$23,30839.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$144,200TotReportableCompRltdOrgAmt
Total Other Compensation$23,308TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$171,582FundraisingAmt
All Other Contributions$1,057,390AllOtherContributionsAmt
Total Contributions$1,228,972TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$150,644TotalRevenueColumnAmt
Exclusion$150,644ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$445,150RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$445,150RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$6,630FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$171,582ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,630TotalRevenueColumnAmt
Exclusion$6,630ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,386,246TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$157,274ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$426,000TotalAmt
Program Services$426,000ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$84,456TotalAmt
Management And General$84,456ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,776TotalAmt
Program Services$6,776ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Total$15,352TotalAmt
Management And General$15,352ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$532,584TotalAmt
Program Services$432,776ProgramServicesAmt
Management And General$99,808ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$129,334BOYAmt
EOY$182,358EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,204,464BOYAmt
EOY$2,385,177EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,047,973BOYAmt
EOY$1,096,940EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$12,816,800BOYAmt
EOY$12,816,800EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,260BOYAmt
EOY$5,326EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$85,208LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$55,006LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$36,978BOYAmt
EOY$30,202EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,245,809BOYAmt
EOY$16,516,803EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,333BOYAmt
EOY$7,843EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,819,978BOYAmt
EOY$1,228,278EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,900,000BOYAmt
EOY$3,900,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$373,968BOYAmt
EOY$382,490EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,101,279BOYAmt
EOY$5,518,611EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,960,832BOYAmt
EOY$9,561,113EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,153,403BOYAmt
EOY$1,407,035EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,295BOYAmt
EOY$30,044EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,144,530BOYAmt
EOY$10,998,192EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,245,809BOYAmt
EOY$16,516,803EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$853,662ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CODMAN ACADEMY CHARTER PUBLIC SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN043559945EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$426,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$426,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided Documents0TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice InvestmentYes (1)SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt PrpsYes (1)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (1)ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION E, LINE 2ACODMAN ACADEMY FOUNDATION SUPPORTS CODMAN ACADEMY PUBLIC CHARTER SCHOOL BY PROVIDING FUNDING FOR THE OPERATIONS OF THE SCHOOL.
PART IV, SECTION E, LINE 2BCODMAN ACADEMY PUBLIC CHARTER SCHOOL DIRECTS ITS CHARITABLE RESOURCES TOGETHER WITH RESOURCES PROVIDED BY CODMAN ACADEMY FOUNDATION TO ITS EDUCATIONAL PURPOSES.
PART IV, SECTION D, LINE 3ONE OF THE FOUNDATION'S BOARD MEMBERS SERVED ON THE BOARD OF THE SUPPORTED ORGANIZATION. THIS SHARED BOARD MEMBER AND MANAGEMENT ALSO ARE PART OF THE DECISION MAKING GROUP THAT DECIDES WHEN AND IF SOME ASSETS OF THE FOUNDATION SHOULD BE DIRECTED TO THE SUPPORTED ORGANIZATION.

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,295BeginningYearBalanceAmt
Other Expenditures$251OtherExpendituresAmt
End Year Balance$30,044EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,295BeginningYearBalanceAmt
End Year Balance$30,295EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,295BeginningYearBalanceAmt
End Year Balance$30,295EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,295BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
End Year Balance$30,295EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,295BeginningYearBalanceAmt
End Year Balance$25,295EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$54,688OtherCostOrOtherBasisAmt
Depreciation$35,223DepreciationAmt
Book Value$19,465BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,520OtherCostOrOtherBasisAmt
Depreciation$19,783DepreciationAmt
Book Value$10,737BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$30,202TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTYDesc
Amt$382,490Amt
FieldValueIRS element (for citing)
Total Liability$382,490TotalLiabilityAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL EVENTEvent1Nm
Gross Receipts Event1$178,212GrossReceiptsEvent1Amt
Charitable Contri Event1$171,582CharitableContriEvent1Amt
Gross Revenue Event1$6,630GrossRevenueEvent1Amt
Gross Receipts Total$178,212GrossReceiptsTotalAmt
Charitable Contributions Tot$171,582CharitableContributionsTotAmt
Gross Revenue Total Events$6,630GrossRevenueTotalEventsAmt
Net Income Summary$6,630NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CODMAN ACADEMY CHARTER PUBLIC SCHOOLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1637 WASHINGTON STREETAddressLine1Txt
CityDORCHESTERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02124ZIPCd
FieldValueIRS element (for citing)
Recipient EIN043553188RecipientEIN
IRC SectionN/AIRCSectionDesc
Cash Grant$426,000CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantTO ENHANCE THE EDUCATIONAL PROGRAM OF CODMAN ACADEMY CHARTER PUBLIC SCHOOLPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE BOARD OF TRUSTEES APPROVES GRANT AWARDS TO CODMAN ACADEMY CHARTER PUBLIC SCHOOL.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASSDEVELOPMENT SERIES 2014ABusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIPNONEAVAILCUSIPNum
Bond Issued2014-12-23BondIssuedDt
Issue Price$4,000,000IssuePriceAmt
PurposeFOR PROPERTY ACQUISITION AND IMPROVEMENTPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$2,771,722RetiredAmt
Total Proceeds$4,000,000TotalProceedsAmt
Capital Expenditures$4,000,000CapitalExpendituresAmt
Current Refunding0CurrentRefundingInd
Advance Refunding0AdvanceRefundingInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE TREASURER OF THE BOARD OF TRUSTEES AND PROVIDED TO ALL BOARD MEMBERS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, OFFICER AND MEMBER OF THE BOARD IS REQUIRED TO ANNUALLY SIGN A STATEMENT THAT AFFIRMS THEY HAVE READ, UNDERSTOOD AND AGREES TO COMPLY WITH THE CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION C, LINE 18CODMAN ACADEMY FOUNDATION, INC. MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19CODMAN ACADEMY FOUNDATION, INC. (THE FOUNDATION) MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ATTORNEY GENERAL OF MASSACHUSETTS' WEBSITE.
FORM 990, PART XII, LINE 2CCODMAN ACADEMY FOUNDATION, INC. DID NOT CHANGE EITHER ITS OVERSIGHT OF AUDIT PROCESS OR SELECTION OF AN INDEPENDENT ACCOUNTANT PROCESS DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
637 WASHINGTON STREETDORCHESTERMA02124GRADE K-1 TO 12 SCHOOLMA170(B)(1)(A)N/AN/A0
CODMAN ACADEMY REALTY CORP
637 WASHINGTON STREETDORCHESTERMA02124SUPPORT THE FOUNDATION AND SCHOOLMA501(C)(3)N/AN/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
B$426,000AMOUNT OF GRANT TO SCHOOL
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
J$445,150AMOUNT OF RENT RECEIVED
CODMAN ACADEMY REALTY CORP
D$4,000,000AMOUNT DRAWN DOWN ON THE LOAN
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
E$7,900,000AMOUNT OF BONDS GUARANTEED
CODMAN ACADEMY REALTY CORP
K$240,000AMOUNT OF RENT EXPENSE
CODMAN ACADEMY CHARTER PUBLIC SCHOOL
E$409,823AMOUNT OF OPERATING LOAN

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