2019-05-15T13:40:17-05:00 2018-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2017-07-01 113690799 PREPARATORY FOUNDATION INC PREP 6173336688 885 RIVER STREET HYDE PARK MA 02136 JOHN GRANDIN PRESIDENT 6173336688 2019-05-14 1 SORIE M KABA CPA P01317106 5083669100 2019-05-14 64.238.141.162 2019-05-14 16:49:22 ED P F4247996A0DFD92197EA51AEF4558D040C319DAA CB2B07AFD6767982BCB28B09646F6ACBACA35001 2017 2019-02-21 02:37:17Z JOHN GRANDIN 885 RIVER STREET HYDE PARK MA 02136 4752540 0 X WWW.BOSTONPREP.ORG X 2003 MA TO PROVIDE ENHANCEMENT OF EDUCATIONAL COLLEGE PREPARATORY OPPORTUNITIES IN THE BOSTON AREA. 10 10 0 50 0 0 3481098 3962721 0 0 0 0 -138571 740014 3342527 4702735 356349 665240 0 0 0 0 0 0 0 533602 1738307 889951 2403547 2452576 2299188 28393640 39560722 18261829 26503173 10131811 13057549 TO PROVIDE ENHANCEMENT OF EDUCATIONAL COLLEGE PREPATORY OPPORTUNITIES IN THE BOSTON AREA 0 0 2403547 665240 745344 TO PROVIDE ENHANCEMENT OF EDUCATIONAL COLLEGE PREPARATORY OPPORTUNITIES IN THE BOSTON AREA. 2403547 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 10 10 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X TYLER MARTIN 6173336688 885 RIVER STREET HYDE PARK MA 02136 X BRUCE BUXTON DIRECTOR 1.00 X 0 0 0 CAROLYN OSTEEN DIRECTOR 1.00 X 0 0 0 SCOTT MCCUE TREASURER 1.00 X X 0 0 0 CAROL TAYLOR CLERK 1.00 X X 0 0 0 JOHN GRANDIN PRESIDENT 1.00 X X 0 0 0 PRESTON MCSWAIN DIRECTOR 1.00 X 0 0 0 CHARLOTTE JOHNSON DIRECTOR 1.00 X 0 0 0 TAMAR DOR-NER DIRECTOR 1.00 X 0 0 0 JEREMY BENEDICT DIRECTOR 1.00 X 0 0 0 BILL CLARK DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 WT RICH & CO 29 CRAFTS ST 300 NEWTON MA 02458 CONSTRUCTION MANAGER 7925202 STUDIO G ARCHITECTS 179 BOYLSTON ST P JAMAICA PLAIN MA 02130 ARCHITECT 788974 WB MASON PO BOX 981101 BOSTON MA 02298 FURNITURE VENDOR 309045 PACIFIC CHARTER SCHOOL DEVELOPMENT 600 WILSHIRE BLVD 200 LOS ANGELES CA 90017 PROJECT MANAGER 132000 PINCK & CO 98 MAGAZINE STREET BOSTON MA 02119 OWNERS PROJECT MANGER 123476 5 243755 3718966 3962721 745344 0 745344 745344 745344 44475 243755 49805 -5330 -5330 4702735 745344 0 -5330 665240 665240 719960 719960 863665 863665 2155 2155 MISCELLANEOUS 152527 152527 2403547 2403547 0 0 3996974 3453356 911151 469079 673805 1298905 23635135 863665 0 22771470 22811710 11567912 28393640 39560722 1785643 3683341 371377 0 14399533 21656957 1000000 1000000 705276 162875 18261829 26503173 X 6742243 10143215 3389568 2914334 10131811 13057549 28393640 39560722 X 2299188 542401 84149 X X 0 1 X 1 0 X 473084 6060685 1157510 3481098 3962721 15135098 473084 6060685 1157510 3481098 3962721 15135098 6444744 8690354 1957 1801 4895 745344 753997 15889095 0.54690 0.51670 X 3060004 3060004 17457023 436426 17020597 2513815 313534 2200281 604293 113705 490588 22771470 CONSTRUCTION IN PROGRESS 11537128 DUE FROM RELATED PARTY 30784 11567912 ACCUMULATED UNREALIZED LOSS ON INTEREST RATE - SWAP CONTRACT 162875 162875 ANNUAL EVENT 288230 243755 44475 44856 4949 288230 243755 44475 44856 4949 49805 -5330 1 BOSTON PREPARATORY CHARTER PUBLIC SCHOOL 885 RIVER STREET HYDE PARK MA 02136 331053424 N/A 665240 CASH N/A TO ENHANCE THE EDUCATIONAL PROGRAM OF BOSTON PREPARATORY CHARTER PUBLIC SCHOOL AND FOR CAPITAL IMPROVEMENTS. 1 PART I, LINE 2: THE BOARD OF DIRECTORS APPROVES GRANT AWARDS TO BOSTON PREPARATORY CHARTER PUBLIC SCHOOL. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-30 17500000 CONSTRUCT AND EQUIP FACILITY 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2017-09-29 12000000 CONSTRUCT AND EQUIP FACILITY 0 0 0 A 25384 17500000 7100 17212676 43000 237224 2017 0 0 0 1 B 12000000 13100 4375915 30550 7580435 2018 0 0 0 1 A 0 0 0 0 1 1 CITIZENS BANK NATIONAL 8.200000000000 0 0 0 0 1 B 0 0 0 0 1 1 CITIZENS BANK NATIONAL 8.900000000000 0 0 0 0 1 A 0 B 0 SCHEDULE K, PART II, LINE 1: THE AMOUNT OF BONDS RETIRED IS $0. SCHEDULE K, PART II, LINE 11: AMOUNT REPRESENTS ISSUER'S ADMINISTRATIVE FEES. SCHEDULE K, PART II, LINE 12: THE AMOUNT REPRESENTS BOND PROCEEDS NOT DRAWN DOWN AS OF JUNE 30, 2018. SCHEDULE K, PART IV, LINES 1 AND 2: LINES 1 AND 2 ARE NOT APPLICABLE AS ALL OF THE BOND PROCEEDS WERE USED FOR A "PURPOSE INVESTMENT" CONSISTENT WITH TREASURY REG. 1.148. SCHEDULE K, PART IV, LINE 3C (ISSUE A): TO HEDGE AGAINST POTENTIAL INTEREST RATE EXPOSURE UNDER THE FLOATING RATE, THE FOUNDATION ENTERED INTO TWO INTEREST RATE SWAP AGREEMENTS. BOTH CONTRACTS HAVE A NOTIONAL AMOUNT OF $8,000,000. THE TERMS OF THE CONTRACTS ARE FOR 8.2 AND 30.8 YEARS, RESPECTIVELY. SCHEDULE K, PART IV, LINE 3C (ISSUE B): TO HEDGE AGAINST POTENTIAL INTEREST RATE EXPOSURE UNDER THE FLOATING RATE, THE FOUNDATION ENTERED INTO TWO INTEREST RATE SWAP AGREEMENTS. THE CONTRACTS HAVE A NOTIONAL AMOUNT OF $3,000,000 AND $8,000,000 WITH THE TERMS OF THE CONTRACTS ARE FOR 8.9 AND 26.9 YEARS, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 2 CAROLYN OSTEEN (DIRECTOR) IS THE AUNT OF SCOTT MCCUE (DIRECTOR) FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ELECT NEW BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE AND OPERATIONS REVIEW THE FEDERAL FORM 990 WHICH IS THEN CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND BOARD MEMBERS ANNUALLY REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND COMBINED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE AUDITED COMBINED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WWW.GUIDESTAR.ORG FORM 990, PART XI, LINE 9: NET ASSET TRANSFER 84,149. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S COMBINED FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.