2018-11-15T10:57:32-06:00 2018-06-30 263753134 CBIZ MHM LLC ONE CITIZENS PLAZA 9TH FLOOR PROVIDENCE RI 02903 990 2017-07-01 042103628 SHADY HILL SCHOOL SHAD 6175205260 178 COOLIDGE HILL CAMBRIDGE MA 02138 MAUREEN NUNEZ CFO & COO 6175205216 2018-11-15 1 JOHN T WILMOT P00095129 4016263200 2018-11-15 184.185.54.158 2018-11-15 10:51:43 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3D4E4AD4A7955A440CD4376C9C3E47A113D0298F 2017 2019-02-21 02:37:17Z MARK STANEK 178 COOLIDGE HILL CAMBRIDGE MA 02138 30209486 0 X WWW.SHS.ORG X 1915 MA SHADY HILL SCHOOL IS A PRIVATE, PRE-K THROUGH GRADE 8, CO-EDUCATIONAL DAY SCHOOL LOCATED ON 11 ACRES IN CAMBRIDGE, MASSACHUSETTS. THE CAMPUS CONTAINS ACADEMIC, ATHLETIC AND ADMINISTRATION BUILDINGS INCLUDING A NEW ARTS COMPLEX AND GYMNASIUMS IN ADDITION TO PLAYGROUNDS AND PLAYING FIELDS. TOTAL ENROLLMENT IS APPROXIMATELY 520 STUDENTS.SHADY HILL SCHOOL WANTS CHILDREN TO BE JOYFUL, ACTIVE LEARNERS WHO DEVELOP THE INTELLECTUAL DISCIPLINE NECESSARY TO BECOME CONTRIBUTING, ETHICAL CITIZENS. TO ACCOMPLISH THESE ENDS, WE BELIEVE IN THE PRIMACY OF EXPLORATION AND DISCOVERY, WE ADVANCE THE MASTERY OF SKILLS, AND WE HELP STUDENTS SHAPE MEANING FROM KNOWLEDGE.THE SCHOOL KNOWS AND HONORS THE INDIVIDUAL CHARACTER AND SPIRIT OF EACH CHILD, RESPECTS THE PACE OF CHILDHOOD AND UNDERSTANDS THAT TRUE EXPLORATION TAKES TIME CREATES A SAFE ENVIRONMENT THAT ALLOWS CHILDREN TO BE CURIOUS, TAKE RISKS, AND MAKE MISTAKES CHALLENGES PREJUDICE AND RESPECTS DIFFERENCES. 20 17 250 100 200921 171944 4292881 2859511 18618822 19295476 590401 987891 191908 211474 23694012 23354352 2690181 2667075 0 0 12106122 12540930 10903 0 971083 7911740 8794948 22718946 24002953 975066 -648601 105638010 108648884 31395092 31332721 74242918 77316163 X SEE MISSION STATEMENT ON SCHEDULE O. 0 0 17301474 2282155 18290007 INSTRUCTIONAL - SHADY HILL SCHOOL WANTS CHILDREN TO BE JOYFUL, ACTIVE LEARNERS WHO DEVELOP THE INTELLECTUAL DISCIPLINE NECESSARY TO BECOME CONTRIBUTING, ETHICAL CITIZENS. TO ACCOMPLISH THESE ENDS, WE BELIEVE IN THE PRIMACY OF EXPLORATION AND DISCOVERY, WE ADVANCE THE MASTERY OF SKILLS, AND WE HELP STUDENTS SHAPE MEANING FROM KNOWLEDGE. 855022 328720 812041 AFTER SCHOOL & SUMMER CAMP PROGRAMS - THE GOAL OF THE AFTER SCHOOL PROGRAM IS TO PROVIDE A RELAXED, SAFE, NURTURING, AND DYNAMIC NEIGHBORHOOD SETTING FOR CHILDREN ONCE THEIR DAY ENDS. WE AIM TO PROVIDE A STIMULATING AND FUN ENVIRONMENT IN WHICH CHILDREN CAN EXPLORE THEIR OWN UNIQUE IMAGINATIONS, DEVELOP FRIENDSHIPS AND TEST THEIR ABILITIES. THE PROGRAM IS PLANNED WITH THE FLEXIBILITY TO MAKE ROOM FOR CHILDREN TO INITIATE AND INVENT THEIR OWN GAMES AND PROJECTS. ADDITIONALLY, WE OFFER A QUIET AND SUPPORTIVE SPACE FOR STUDENTS TO WORK ON THEIR HOMEWORK.OUR SUMMER CAMP PHILOSOPHY IS IN KEEPING WITH THE SCHOOL'S MISSION TO CREATE A COMMUNITY OF ACCEPTANCE. WE GIVE INDIVIDUAL ATTENTION AND ENCOURAGE CAMPERS TO DEVELOP A PASSION FOR LIFE THROUGH PLAYTIME, EXPLORATION AND THE BUSINESS OF MAKING FRIENDS. WE UNDERSTAND THE WONDERFUL OPPORTUNITY THAT THE SUMMER PROVIDES FOR LEARNING AND FUN. 479283 56200 203270 TEACHER TRAINING CENTER (TTC)- THE CENTER PROVIDES ASPIRING TEACHERS WITH WELL-GUIDED EXPERIENCES IN PRE-K THROUGH EIGHTH GRADE CLASSROOMS WHERE PRACTICE MERGED WITH THEORY IS PARAMOUNT. IMMERSION IN THE CLASSROOM WHILE STUDYING AND WORKING ALONGSIDE A TALENTED MENTOR IS THE BEST WAY TO LEARN HOW TO TEACH. IN THIS ONE-YEAR, SITE-BASED PREPARATION PROGRAM, APPRENTICE TEACHERS DISCOVER WHAT TEACHING IS ALL ABOUT THROUGH OBSERVATION, SUPERVISED TEACHING, WORKSHOPS, SEMINARS, AND CONTINUOUS INVOLVEMENT IN THE LIFE OF THE SCHOOL. 18635779 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 67 0 1 250 1 1 1 0 0 0 0 0 0 0 0 0 X 20 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X MAUREEN NUNEZ 6175205216 178 COOLIDGE HILL CAMBRIDGE MA 02138 NIMA ESHGHI BOARD CHAIR; ADMISSION SCR 5.00 X X 0 0 0 BOB CROWLEY TREASURER 5.00 X X 0 0 0 SUZANNE SINER CLERK 5.00 X X 0 0 0 CARITA ANDERSON TRUSTEE 2.00 X 0 0 0 DAVID BREWSTER TRUSTEE 2.00 X 0 0 0 HOLLY EDMONDS TRUSTEE; ADMISSIONS SCREEN 2.00 X 1912 0 0 JEANNE FITZGIBBON TRUSTEE 2.00 X 0 0 0 MELISSA HANENBERGER TRUSTEE 2.00 X 0 0 0 ROBIN WALKER TRUSTEE 2.00 X 0 0 0 ELIZABETH ANDERSON TRUSTEE; KINDERGARTEN GRADEHEA 50.00 X 83539 0 16286 KERI HUGHES TRUSTEE; GRADE VIII GRADEH 50.00 X 44123 0 4528 HILARY JOHNSTON TRUSTEE 2.00 X 0 0 0 CHRIS LEE TRUSTEE 2.00 X 0 0 0 RAVI BATRA TRUSTEE 2.00 X 0 0 0 JEITA DENG TRUSTEE 2.00 X 0 0 0 ERIK RAMANATHAN TRUSTEE 2.00 X 0 0 0 ALEX SACERDOTE TRUSTEE 2.00 X 0 0 0 MARK STANEK TRUSTEE; HEAD OF SCHOOL 50.00 X X 401591 0 72451 RALPH WALES TRUSTEE 2.00 X 0 0 0 KIP BROWN TRUSTEE 2.00 X 0 0 0 MAUREEN NUNEZ CFO & COO 50.00 X 214207 0 12209 CYNTHIA DOBE CHIEF INFORMATION OFFICER 50.00 X 122168 0 18546 KRISTA DEMAS MIDDLE SCHOOL DIVISION HEAD 50.00 X 120182 0 29528 DESIREE HUMPHRIES DIRECTOR OF TEACHER TRAINI 50.00 X 123030 0 27628 VINCENT QUIRK CONTROLLER 50.00 X 120355 0 31089 SERENA GIFFORD LOWER SCHOOL DIV HEAD 50.00 X 123348 0 32087 KIMBERLY KUBIK DIRECTOR OF ADVANCEMENT (FORMER) 50.00 X 155491 0 20606 1509946 0 264958 8 1 1 0 ECK MACNEELY ARCHITECTS INC 560 HARRISON AVE SUITE 430 BOSTON MA 02118 ARCHITETURAL SERVICES 177979 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 INVESTMENT CONSULTANTS 133809 2 2859511 179743 2859511 TUITION AND FEES 900099 17711388 17711388 AFTER SCHOOL & SUMMER CAMP PROGRA 900099 812041 812041 OTHER PROGRAMS 900099 772047 772047 19295476 559341 200921 358420 162160 19327 142833 142833 142833 7209047 39000 6431545 387952 777502 -348952 428550 428550 75109 16310 58799 58799 MISCELLANEOUS INCOME 523000 9842 9842 9842 23354352 19305318 200921 988602 50000 50000 2617075 2617075 1120619 329120 481470 310029 8554515 7161323 1145532 247660 668921 584520 68056 16345 1417520 1136764 194366 86390 779355 642795 104277 32283 516030 516030 74295 74295 387822 387822 50631 359 50272 2316 2316 2199735 1571493 494324 133918 507894 491256 16638 1649402 1276352 366491 6559 746766 746766 2082493 1609767 464396 8330 128876 99580 28765 531 FEDERAL & STATE UNRELAT 15978 15978 LUNCHROOM 172744 158596 13401 747 FACULTY DEVELOPMENT 90130 90130 DIRECTOR'S DISCRETIONAR 53586 23081 21789 8716 116250 44845 18740 52665 24002953 18635779 4396091 971083 400 396 8487321 10822425 1826814 1420347 29186 6024 216563 267578 61724327 19463749 43554373 42260578 51523353 53871536 105638010 108648884 1549260 2149276 5728578 5731283 23500000 22900000 617254 552162 31395092 31332721 X 59521070 62557366 7412620 7121516 7309228 7637281 74242918 77316163 105638010 108648884 X -648601 3671846 50000 X 0 1 X 1 0 X 51235179 456572 4646403 2094111 54244043 45668021 1578664 6059901 2071407 51235179 47573241 1530930 -1414792 2021358 45668021 48294856 403896 813667 1939178 47573241 44084020 1115550 5087348 1992062 48294856 0.75620 0.13880 0.10500 0 0 57698 57698 54306046 15298539 39007507 5045566 3280809 1764757 2315017 884401 1430616 42260578 NON PUBLICALLY TRADED INVESTMENT FUNDS 52236445 F OTHER LT INVESTMENT - RESIDENTIAL REAL ESTATE 1635091 C 53871536 PROVISION FOR UNEMP COMP 62669 DEFERRED RENTAL INCOME 450151 CHARITABLE GIFT ANNUITIES 11486 OTHER LIABILITIES 16370 SPLIT INTEREST AGREEMENT 11486 552162 X 24396424 3667252 3667252 20729172 2625180 2625180 23354352 21323179 0 21323179 2679774 2679774 24002953 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS INDIRECT EXPENSES 8,105. FINANCIAL AID 2,617,075. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER ADJUSTMENT 4,594. SPECIAL EVENTS INDIRECT EXPENSES 8,105. FINANCIAL AID 2,617,075. ESTIMATED FAIR VALUE OF PART IX, LINE 1 GRANT IN EXCESS OF BOOK VALUE 50,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 COMMON NON-DISCRIMINATION AD WITH OTHER MEMBERS OF THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND WAS PUBLISHED IN THE BOSTON GLOBE AND OTHER LOCAL NEWSPAPERS. SHADY HILL FAIR 75109 75109 603 3419 6900 5388 75109 75109 603 3419 6900 5388 16310 58799 1 PROSPECT HILL ACADEMY CHARTER SCHOOL 50 ESSEX ST CAMBRIDGE MA 02139 043316026 501(C)(3) 50000 ESTIMATED FAIR VALUE 118 USED COMPUTERS SUPPORT OF SCHOOL EDUCATION PROGRAMS 1 FINANCIAL AID 102 2106817 NEED-BASED FINANCIAL AID TO STUDENTS - TUITION FINANCIAL AID 91 510258 NEED-BASED FINANCIAL AID TO STUDENTS - OTHER PROGRAMS X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MARK STANEK TRUSTEE; HEAD OF SCHOOL 401591 0 0 0 0 0 27957 0 44494 0 474042 0 0 0 MAUREEN NUNEZ CFO & COO 214207 0 0 0 0 0 11845 0 364 0 226416 0 0 0 DESIREE HUMPHRIES DIRECTOR OF TEACHER TRAINI 123030 0 0 0 0 0 11413 0 16215 0 150658 0 0 0 VINCENT QUIRK CONTROLLER 120355 0 0 0 0 0 10956 0 20133 0 151444 0 0 0 SERENA GIFFORD LOWER SCHOOL DIV HEAD 123348 0 0 0 0 0 11952 0 20135 0 155435 0 0 0 KIMBERLY KUBIK DIRECTOR OF ADVANCEMENT (FORMER) 155491 0 0 0 0 0 12481 0 8125 0 176097 0 0 0 PART I, LINE 1A AS A CONDITION OF HIS EMPLOYMENT, THE HEAD OF SCHOOL, MARK STANEK WAS REQUIRED TO LIVE ON CAMPUS IN A HOME PROVIDED TO HIM BY THE SCHOOL. BASED ON COMPARABLE RENTALS IN CAMBRIDGE, AND ALLOWING FOR THE LOCATION AND CONDITION OF THE HOUSE, THE TOTAL ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT FOR THE SEVEN MONTHS THE HOME WAS OCCUPIED BY MR. STANEK WAS $28,000. THE DIRECTOR OF THE SCHOOL IS ALSO PROVIDED A VEHICLE, AND THE VALUE OF ANY PERSONAL USE OF THIS VEHICLE IS ADDED TO HIS FORM W-2. SCHEDULE J, PART II, COLUMN (D) FOR HEAD OF SCHOOL, MARK STANEK, THE NONTAXABLE BENEFITS OF $72,451 INCLUDE THE FOLLOWING: SEVEN MONTHS OF HOUSING VALUED AT $28,000, HEALTH/LIFE INSURANCES TOTALING $16,494, AND PENSION CONTRIBUTION OF $27,957. FOR CHIEF FIANCIAL OFFICER/CHIEF OPERATING OFFICER, MAUREEN NUNEZ, THE NONTAXABLE BENEFITS OF $12,209 INCLUDE THE FOLLOWING: HEALTH/LIFE INSURANCES TOTALING $364, AND PENSION CONTRIBUTION OF $11,845. FOR DIRECTOR OF ADVANCEMENT (FORMER), KIMBERLY KUBIK, THE NONTAXABLE BENEFIT OF $20,606 INCLUDES HEALTH/LIFE INSURANCES TOTALING $8,125 AND PENSION CONTRIBUTION OF $12,481. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RYD1 2013-06-20 26780000 DEBT REFINANCING 0 0 0 A 26780000 24392805 129120 2258075 2013 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 SEE EXPLANATION BELOW SEE PART V 65604 FINANCIAL AID SCHEDULE L, PART III FINANCIAL AID GRANTED TO THE CHILDREN OF TRUSTEES, FACULTY AND STAFF IS BASED ON NEED THAT MUST BE DEMONSTRATED THROUGH THE STANDARD APPLICATION FOR FINANCIAL AID PROCESS; FOR PRIVACY CONSIDERATIONS, THE NAMES OF RECIPIENTS ARE NOT DISCLOSED AND ONLY THE TYPE OF ASSISTANCE AND THE AGGREGATE AMOUNT ARE REPORTED ON SCHEDULE L, PART III. X 17 179743 FMV ON DATE OF GIFT 0 1 1 PART I, LINE 32B: ALL STOCK GIFTS ARE RECEIVED BY TD AMERITRADE AND SOLD THROUGH THEIR BROKERAGE FIRM. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION, AS STATED IN THE BYLAWS, ARE EACH PARENT OR LEGAL GUARDIAN OF THE CHILDREN ENROLLED AS FULL-TIME STUDENTS IN SHADY HILL SCHOOL. THE MEMBERS ELECT NOT MORE THAN NINETEEN BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION, AS STATED IN THE BYLAWS, ARE EACH PARENT OR LEGAL GUARDIAN OF THE CHILDREN ENROLLED AS FULL-TIME STUDENTS IN SHADY HILL SCHOOL. THE MEMBERS ELECT NOT MORE THAN NINETEEN BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED AND DISCUSSED VIA CONFERENCE CALL ABOUT A WEEK BEFORE FILING. THE AUDIT COMMITTEE REVIEWED AND DISCUSSED IT AT THIS TIME. IT IS ALSO POSTED TO THE SCHOOL'S INTERNAL WEBSITE FOR REVIEW BY ALL BOARD MEMBERS DURING THE SAME TIME FRAME. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE ASKED TO FILL OUT A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON REPORTS THE CONFLICT TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE EVALUATES THE SEVERITY OF THE TRANSACTION AND THE NEED TO REPORT THE CONFLICT TO THE EXECUTIVE COMMITTEE OF THE BOARD. IF THE CONFLICT RISES TO THE LEVEL OF REPORTING, THE AUDIT COMMITTEE WILL REPORT THE TRANSACTION TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THERE IS AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD WHICH REVIEWS THE COMPENSATION PACKAGE OF THE HEAD OF SCHOOL WHEN THE CONTRACT IS PERIODICALLY REVIEWED. THE COMMITTEE USES COMPARABLE DATA AND CONSULTANTS WHEN NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 SHADY HILL SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ESTIMATED FAIR VALUE OF PART IX, LINE 1 GRANT IN EXCESS OF BOOK VALUE 50,000.