2025-11-14T09:56:06-06:00 2025-06-30 263753134 CBIZ ADVISORS LLC ONE CITIZENS PLAZA 9TH FLOOR PROVIDENCE RI 02903 990 2024-07-01 042103628 SHADY HILL SCHOOL SHAD 6175205260 178 COOLIDGE HILL CAMBRIDGE MA 02138 MAUREEN NUNEZ CFO & COO 6175205216 2025-11-11 1 1 JOHN T WILMOT P00095129 4016263200 2025-11-10 2024 2025-03-06 01:10:19Z MARK STANEK 178 COOLIDGE HILL CAMBRIDGE MA 02138 44360665 0 X WWW.SHS.ORG X 1915 MA SEE SCHEDULE O 21 18 278 100 -6193 0 2242959 3259466 26086548 27344375 7755995 4982345 223156 279387 36308658 35865573 4273678 4225002 0 0 15620536 16615783 0 0 1030265 11002648 11326425 30896862 32167210 5411796 3698363 127122347 137661674 24822287 25643090 102300060 112018584 X SEE MISSION STATEMENT ON SCHEDULE O. 0 0 23530251 3849606 25767105 INSTRUCTIONAL - SHADY HILL SCHOOL FOSTERS JOYFUL, ACTIVE LEARNING INFORMED BY MULTIPLE PERSPECTIVES--EMPOWERING STUDENTS TO BE INTELLECTUALLY ADVENTUROUS AND WHOLEHEARTEDLY JUST. 1385227 324396 1537360 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. 329771 51000 55800 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. 25245249 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 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 75 0 1 278 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 18 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 ALYSSA HAYWOODE BOARD CHAIR 5.00 X X 0 0 0 JEITA PHILLIPS DENG TREASURER 5.00 X X 0 0 0 KATE SUTLIFF CLERK 5.00 X X 0 0 0 SARAH BAKER TRUSTEE 2.00 X 0 0 0 LISA CASE TRUSTEE 2.00 X 0 0 0 ZARA COOPER TRUSTEE 2.00 X 0 0 0 SHERRI ETTINGER TRUSTEE 2.00 X 0 0 0 KAFI HARRINGTON TRUSTEE 2.00 X 0 0 0 KIM HENRY TRUSTEE 2.00 X 0 0 0 LIDIANE JONES TRUSTEE 2.00 X 0 0 0 DEVEREAUX MCCLATCHEY TRUSTEE 2.00 X 0 0 0 MELISSA MCGAUGHEY TRUSTEE 2.00 X 0 0 0 MATT OGDEN TRUSTEE 2.00 X 0 0 0 SATU PARIKH TRUSTEE 2.00 X 0 0 0 RODRIGO VERDI TRUSTEE 2.00 X 0 0 0 SARAH WASSERMAN TRUSTEE; ADMISSION CONSULTANT 4.00 X 4415 0 0 PRATT WILEY TRUSTEE 2.00 X 0 0 0 KATHERINE HESKO TRUSTEE; DEAN OF FACULTY 50.00 X 101146 0 37891 TAMYKO MORRIS TRUSTEE; GRADEHEAD 50.00 X 98773 0 19932 MARK STANEK TRUSTEE; HEAD OF SCHOOL 50.00 X X 555736 0 89879 CALEB WILLIAMS TRUSTEE; CHAIR PARENTS COUNCIL 2.00 X 0 0 0 MAUREEN NUNEZ CFO / COO 50.00 X 341697 0 31878 CYNTHIA DOBE CHIEF INFORMATION OFFICER 50.00 X 151180 0 25808 DARYL WRIGHT ASST HEAD OF SCHOOL 50.00 X 273127 0 45506 VINCENT QUIRK CONTROLLER 50.00 X 159243 0 43686 BETSY GINSBERG DIR OF DEV & ALUMNI REL 50.00 X 159611 0 41180 DOMINIC MARCHIO DIRECTOR OF FACILITIES 50.00 X 160252 0 43043 DESIREE HUMPHRIES IVEY EXEC DIRECTOR, TTC 50.00 X 138554 0 35084 2143734 0 413887 9 0 1 0 CBIZ ADVISORS LLC ONE CITIZENS PLAZA 9TH FL PROVIDENCE RI 02903 AUDIT & TAX SERVICES 121764 BLUE LAN GROUP INC 15 LINCOLN ST 363 WAKEFIELD MA 01880 IT CONSULTANTS 119859 SCHWARTZ HANNUM PC 11 CHESTNUT STREET ANDOVER MA 01810 LEGAL SERVICES 114254 3 3259466 11612 3259466 TUITION AND FEES 900099 24698115 24698115 AFTER SCHOOL AND SUMMER CAMP PROG 900099 1537360 1537360 OTHER PROGRAMS 900099 1108900 1108900 27344375 1309751 -6193 1315944 211185 0 211185 211185 211185 11584317 567208 8028931 450000 3555386 117208 3672594 3672594 68473 16161 52312 52312 MISCELLANEOUS INCOME 523000 15890 15890 15890 35865573 27360265 -6193 5252035 4225002 4225002 1485283 309320 1048173 127790 11358618 9790295 1155576 412747 794243 761254 23214 9775 1926952 1550662 276545 99745 1050687 889439 132893 28355 188904 188904 114506 114506 837893 837893 39713 28756 10957 314 314 3246797 2183918 855708 207171 842974 802300 40674 2027896 1572486 439310 16100 2052 2052 447046 447046 2582272 2001261 560353 20658 254002 196875 55003 2124 UNRELATED BUSINESS INCO 250 250 LUNCHROOM 261224 235072 14775 11377 MULTI-CULTURAL RECRUITI 114324 110596 3728 FACULTY DEVELOPMENT 109463 109463 256795 57894 159837 39064 32167210 25245249 5891696 1030265 400 400 12070053 15503459 306095 899838 1030491 854000 494497 634886 76206767 33860845 43756868 42345922 38409784 45982179 30604159 31440990 450000 0 127122347 137661674 1926077 2177319 3590199 4906527 18880000 18140000 426011 419244 24822287 25643090 X 82934215 89655543 19365845 22363041 102300060 112018584 127122347 137661674 3698363 6020161 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70616220 301608 9449605 2777236 77590197 62902118 516630 9991302 2793830 70616220 56939673 1899019 6676347 2612921 62902118 70672935 819299 -12429243 2123318 56939673 56391772 485285 15849854 2053976 70672935 0.80036 0.09048 0.10916 0 0 57698 57698 62011436 25465466 36545970 11808241 6642121 5166120 2329392 1753258 576134 42345922 NON PUBLICLY TRADED INVESTMENT FUNDS 31440990 F 31440990 PROVISION FOR UNEMP COMP 62669 DEFERRED RENTAL INCOME 119550 OTHER LIABILITIES 232703 SPLIT INTEREST AGREEMENT - CHARITABLE GIFT ANNUITIES 4322 419244 X 37628768 6020161 6020161 31608607 4256966 4256966 35865573 27910244 0 27910244 4256966 4256966 32167210 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: FINANCIAL AID 4,225,002. SPECIAL EVENTS INDIRECT EXPENSES 31,964. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,225,002. SPECIAL EVENTS INDIRECT EXPENSES 31,964. 1 0 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 68473 68473 1259 5005 9898 68473 68473 1259 5005 9898 16162 52311 1 FINANCIAL AID 100 3578789 NEED-BASED FINANCIAL AID TO STUDENTS - TUITION FINANCIAL AID 143 646213 NEED-BASED FINANCIAL AID TO STUDENTS - OTHER PROGRAMS X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 MARK STANEK TRUSTEE; HEAD OF SCHOOL 555736 0 0 0 0 0 77569 0 12310 0 645615 0 0 0 MAUREEN NUNEZ CFO / COO 341697 0 0 0 0 0 30552 0 1326 0 373575 0 0 0 DARYL WRIGHT ASST HEAD OF SCHOOL 273127 0 0 0 0 0 16737 0 28769 0 318633 0 0 0 DOMINIC MARCHIO DIRECTOR OF FACILITIES 160252 0 0 0 0 0 14447 0 28596 0 203295 0 0 0 VINCENT QUIRK CONTROLLER 159243 0 0 0 0 0 15059 0 28627 0 202929 0 0 0 BETSY GINSBERG DIR OF DEV & ALUMNI REL 159611 0 0 0 0 0 12537 0 28643 0 200791 0 0 0 CYNTHIA DOBE CHIEF INFORMATION OFFICER 151180 0 0 0 0 0 14073 0 11735 0 176988 0 0 0 DESIREE HUMPHRIES IVEY EXEC DIRECTOR, TTC 138554 0 0 0 0 0 12752 0 22332 0 173638 0 0 0 PART I, LINE 1A THE HEAD OF THE SCHOOL IS PROVIDED A HOUSING STIPEND AND A VEHICLE, OF WHICH THE STIPEND AMOUNT AND THE VALUE OF ANY PERSONAL USE OF THIS VEHICLE ARE ADDED TO HIS FORM W-2. PART I, LINE 4B THE HEAD OF SCHOOL, MARK STANEK, PARTICIPATED IN A 457F PLAN, FOR WHICH $46,519 OF CONTRIBUTIONS WERE MADE IN CALENDAR YEAR-END 2024. SCHEDULE J, PART II, COLUMN (D) FOR HEAD OF SCHOOL, MARK STANEK, THE NONTAXABLE BENEFITS OF $12,310 INCLUDE HEALTH/LIFE INSURANCES. FOR CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER, MAUREEN NUNEZ, THE NONTAXABLE BENEFITS OF $1,326 INCLUDE LIFE INSURANCE. FOR ASSISTANT HEAD OF SCHOOL, DARYL WRIGHT, THE NONTAXABLE BENEFITS OF $28,769 INCLUDE HEALTH/LIFE INSURANCES. FOR PLANT MANAGER, DOMINIC MARCHIO, THE NONTAXABLE BENEFITS OF $28,596 INCLUDE HEALTH/LIFE INSURANCES. FOR CONTROLLER, VINCENT QUIRK, THE NONTAXABLE BENEFITS OF $28,627 INCLUDE HEALTH/LIFE INSURANCES. FOR DIRECTOR OF DEVELOPMENT & ALUMNI RELATIONS, BETSY GINSBERG, THE NONTAXABLE BENEFITS OF $28,643 INCLUDE HEALTH/LIFE INSURANCES. FOR CIO, CYNTHIA DOBE, THE NONTAXABLE BENEFITS OF $11,735 INCLUDE HEALTH/LIFE INSURANCES. FOR EXECUTIVE DIRECTOR, TTC, DESIREE HUMPHRIES IVEY, THE NONTAXABLE BENEFITS OF $22,332 INCLUDE HEALTH/LIFE INSURANCES. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2020-04-30 21640000 DEBT REFINANCING 0 0 0 A 3500000 21640000 21640000 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 SCHEDULE K, PART II, COLUMN A, LINE 11 BOND PROCEEDS UTILIZED IN FULL TO REFUND PRIOR BOND ISSUANCE SEE EXPLANATION BELOW SEE PART V 186459 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. FORM 990, PART I, LINE 1 - MISSION STATEMENT 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 STEAM BUILDING AND MAKERSPACE IN ADDITION TO PLAYGROUNDS AND PLAYING FIELDS. TOTAL ENROLLMENT IS APPROXIMATELY 530 STUDENTS. SHADY HILL SCHOOL FOSTERS JOYFUL, ACTIVE LEARNING INFORMED BY MULTIPLE PERSPECTIVES - EMPOWERING STUDENTS TO BE INTELLECTUALLY ADVENTUROUS AND WHOLEHEARTEDLY JUST. WE BELIEVE: PLAY AND DISCOVERY ARE CENTRAL TO EVERY CHILD'S GROWTH AND TRUE EXPLORATION TAKES TIME; THE PURPOSE OF KNOWLEDGE IS TO CREATE MEANING, DEVELOP UNDERSTANDING, AND INSPIRE ACTION; GROWING UP IS A NUANCED PROCESS AND MISTAKES ARE CATALYSTS FOR DEEPER LEARNING AND PROGRESS; A STRONG, INTERDEPENDENT COMMUNITY IS THE FRAMEWORK FOR ACADEMIC CONFIDENCE AND SOCIAL AND EMOTIONAL HEALTH; PRACTICING GENUINE KINDNESS TOWARDS ONESELF AND OTHERS HELPS BUILD A COMPASSIONATE WORLD; WE HAVE A RESPONSIBILITY AS INDIVIDUALS AND AS A COMMUNITY TO HONOR DIFFERENCE, CHALLENGE PREJUDICE, AND STRIVE FOR RACIAL AND SOCIAL JUSTICE. 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 MEMBERS OF THE 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 XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.