GEORGE STEVENS ACADEMY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: GEORGE STEVENS ACADEMY (EIN 01-0247002)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2018-01-10
IRS object ID: 201820109349301102
Schema version: 2016v3.0
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 I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-01-10T09:38:59-06:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	010219197	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HORTON MCFARLAND & VEYSEY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 543	AddressLine1Txt
City	ELLSWORTH	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04605	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	010247002	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GEORGE STEVENS ACADEMY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GEOR	BusinessNameControlTxt
Phone	2073745081	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 UNION STREET	AddressLine1Txt
City	BLUE HILL	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	046140816	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARION MORRIS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2073745081	PhoneNum
Signature	2018-01-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ANNETTE GOULD	PreparerPersonNm
PTIN	P01246737	PTIN
Phone	2076675529	PhoneNum
Preparation	2017-12-21	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	24.39.186.182	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-01-10	IPDt
IP Tm	10:37:25	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	D1B570B79EB8F2322A58C6788D6B03413C3B0EB5	AtSubmissionCreationDeviceId
At Submission Filing Device Id	D1B570B79EB8F2322A58C6788D6B03413C3B0EB5	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARION MORRIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 UNION STREET	AddressLine1Txt
City	BLUE HILL	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	046140816	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,517,390	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.GEORGESTEVENSACADEMY.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1943	FormationYr
Legal Domicile State	ME	LegalDomicileStateCd
Activity Or Mission	GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE. GROUNDED IN ITS TRADITIONS AND COMMITMENT TO THE AREA'S SMALL TOWNS. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY INVESTED IN MEETING THE NEEDS OF EACH STUDENT. THE ACADEMY OFFERS A CHALLENGING COMPREHENSIVE PROGRAM OF STUDIES THAT FOSTERS INTELLECTUAL INQUIRY AND THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES ITS GRADUATES FOR A PURPOSEFUL LIFE IN AN EVER CHANGING WORLD.	ActivityOrMissionDesc
Voting Members Governing Body	17	VotingMembersGoverningBodyCnt
Voting Members Independent	17	VotingMembersIndependentCnt
Total Employee	118	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$802,888	PYContributionsGrantsAmt
CY Contributions Grants	$319,761	CYContributionsGrantsAmt
PY Program Service Revenue	$4,852,272	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,090,392	CYProgramServiceRevenueAmt
PY Investment Income	$456,494	PYInvestmentIncomeAmt
CY Investment Income	$371,190	CYInvestmentIncomeAmt
PY Other Revenue	$278,759	PYOtherRevenueAmt
CY Other Revenue	$334,095	CYOtherRevenueAmt
PY Total Revenue	$6,390,413	PYTotalRevenueAmt
CY Total Revenue	$6,115,438	CYTotalRevenueAmt
PY Grants And Similar Paid	$72,013	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$128,836	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,433,481	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,549,360	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$220,267	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,192,722	PYOtherExpensesAmt
CY Other Expenses	$2,250,454	CYOtherExpensesAmt
PY Total Expenses	$5,698,216	PYTotalExpensesAmt
CY Total Expenses	$5,928,650	CYTotalExpensesAmt
PY Revenues Less Expenses	$692,197	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$186,788	CYRevenuesLessExpensesAmt
Total Assets BOY	$15,762,958	TotalAssetsBOYAmt
Total Assets EOY	$16,028,292	TotalAssetsEOYAmt
Total Liabilities BOY	$3,087,785	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,964,336	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$12,675,173	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$13,063,956	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL ON THE COAST OF MAINE. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY COMMITTED TO MEETING THE NEEDS OF EACH LOCAL AND RESIDENTIAL STUDENT WITH A CHALLENGING, COMPREHENSIVE ACADEMIC AND EXPERIENTIAL PROGRAM THAT FOSTERS THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES GRADUATES FOR A PURPOSEFUL LIFE IN A CHANGING WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$5,242,374	ExpenseAmt
Revenue	$5,424,487	RevenueAmt
Desc	PROVIDE SECONDARY EDUCATION TO APPROXIMATELY 315 STUDENTS	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$128,836	ExpenseAmt
Grant	$128,836	GrantAmt
Revenue	$111,100	RevenueAmt
Desc	PROVIDE FINANCING ASSISTANCE TO GRADUATING STUDENTS WHO ARE FURTHERING THEIR EDUCATION. SCHOLARSHIPS GRANTED ON THE BASIS OF MERIT AND TYPE OF CONTINUING EDUCATION	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$5,371,210	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
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
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	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
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	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	Yes (1)	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	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	25	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	118	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
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	17	GoverningBodyVotingMembersCnt
Independent Voting Member	17	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	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRED HEILNER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2073745081	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 UNION ST	AddressLine1Txt
City	BLUE HILL	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04614	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
MARGARET HANNAH
TRUSTEE	2.00	Yes (X)	$0	$0	$0
BRIAN VAN EMMERICK
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
JIM MARKOS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DEBORAH LUDLOW
TRUSTEE	2.00	Yes (X)	$0	$0	$0
MARION MORRIS
PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
TYLER KNOWLES
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAMES HENRY
CLERK	2.00	Yes (X)	$0	$0	$0	Yes (X)
MARJORIE OLIVARI
TRUSTEE	2.00	Yes (X)	$0	$0	$0
SAMANTHA POLITTE
VICE PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
PHYLLIS TAYLOR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JON WOODWARD
TRUSTEE	2.00	Yes (X)	$0	$0	$0
MELISSA MATTES
TRUSTEE	2.00	Yes (X)	$0	$0	$0
MICHAEL MCMILLEN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LIN PARKER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JEFFERY ALLEN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
KATRINA PARSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JOHN RICHARDSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EL SHEA	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23 CHURCH ST	AddressLine1Txt
City	ELLSWORTH	CityNm
State Abbreviation	ME	StateAbbreviationCd
ZIP	04605	ZIPCd

Field	Value	IRS element (for citing)
Services	CONSTRUCTION	ServicesDesc
Compensation	$642,706	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$319,761	AllOtherContributionsAmt
Total Contributions	$319,761	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	611600	$5,079,134	$5,079,134
MISCELLANEOUS	900099	$11,258	$11,258

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,090,392	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$190,308	TotalRevenueColumnAmt
Exclusion	$190,308	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,582,834	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$4,401,952	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$180,882	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$180,882	TotalRevenueColumnAmt
Exclusion	$180,882	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	SCHOOL LUNCH	Desc
Business	611710	BusinessCd
Total Revenue Column	$334,095	TotalRevenueColumnAmt
Related Or Exempt Func Income	$334,095	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$334,095	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,115,438	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,424,487	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$371,190	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$128,836	TotalAmt
Program Services	$128,836	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,859,474	TotalAmt
Program Services	$2,526,357	ProgramServicesAmt
Management And General	$188,593	ManagementAndGeneralAmt
Fundraising	$144,524	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$66,359	TotalAmt
Program Services	$58,628	ProgramServicesAmt
Management And General	$4,377	ManagementAndGeneralAmt
Fundraising	$3,354	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$523,052	TotalAmt
Program Services	$462,119	ProgramServicesAmt
Management And General	$34,497	ManagementAndGeneralAmt
Fundraising	$26,436	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$100,475	TotalAmt
Program Services	$88,770	ProgramServicesAmt
Management And General	$6,627	ManagementAndGeneralAmt
Fundraising	$5,078	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$730	TotalAmt
Management And General	$730	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$12,300	TotalAmt
Management And General	$12,300	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$36,980	TotalAmt
Management And General	$36,980	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$4,468	TotalAmt
Management And General	$4,468	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,022	TotalAmt
Program Services	$14,665	ProgramServicesAmt
Management And General	$1,335	ManagementAndGeneralAmt
Fundraising	$2,022	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$147,495	TotalAmt
Program Services	$147,495	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$67,165	TotalAmt
Program Services	$67,165	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$226,738	TotalAmt
Program Services	$226,738	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$45,488	TotalAmt
Program Services	$45,488	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
RESIDENTIAL BOARDING PR	$766,455	$766,455
EDUCATIONAL PROGRAMS	$277,059	$277,059
EQUIPMENT RENTAL & MAIN	$250,654	$250,654
FOOD PURCHASES	$138,028	$138,028

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$258,872	TotalAmt
Program Services	$172,753	ProgramServicesAmt
Management And General	$47,266	ManagementAndGeneralAmt
Fundraising	$38,853	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,928,650	TotalAmt
Program Services	$5,371,210	ProgramServicesAmt
Management And General	$337,173	ManagementAndGeneralAmt
Fundraising	$220,267	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$300	BOYAmt
EOY	$293	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$3,252,709	BOYAmt
EOY	$3,464,791	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$6,158	BOYAmt
EOY	$39,962	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$12,789	BOYAmt
EOY	$12,789	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$75,335	BOYAmt
EOY	$76,787	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$11,404,976	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,084,861	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,818,950	BOYAmt
EOY	$6,320,115	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$6,596,717	BOYAmt
EOY	$6,113,555	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,762,958	BOYAmt
EOY	$16,028,292	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$515,267	BOYAmt
EOY	$543,613	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$227,325	BOYAmt
EOY	$255,025	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,566,063	BOYAmt
EOY	$1,441,404	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$779,130	BOYAmt
EOY	$724,294	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,087,785	BOYAmt
EOY	$2,964,336	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,620,643	BOYAmt
EOY	$3,748,643	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,480,180	BOYAmt
EOY	$2,740,348	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,574,350	BOYAmt
EOY	$6,574,965	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,675,173	BOYAmt
EOY	$13,063,956	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$15,762,958	BOYAmt
EOY	$16,028,292	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$186,788	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$202,006	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$11	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
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

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	$9,054,530	BeginningYearBalanceAmt
Contributions	$165,363	ContributionsAmt
Investment Earnings Or Losses	$455,263	InvestmentEarningsOrLossesAmt
Other Expenditures	$294,824	OtherExpendituresAmt
Administrative Expenses	$29,570	AdministrativeExpensesAmt
End Year Balance	$9,350,762	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$8,934,249	BeginningYearBalanceAmt
Contributions	$381,740	ContributionsAmt
Investment Earnings Or Losses	$64,756	InvestmentEarningsOrLossesAmt
Other Expenditures	$276,524	OtherExpendituresAmt
Administrative Expenses	$49,691	AdministrativeExpensesAmt
End Year Balance	$9,054,530	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$9,211,156	BeginningYearBalanceAmt
Contributions	$68,071	ContributionsAmt
Investment Earnings Or Losses	$286,775	InvestmentEarningsOrLossesAmt
Other Expenditures	$577,630	OtherExpendituresAmt
Administrative Expenses	$54,123	AdministrativeExpensesAmt
End Year Balance	$8,934,249	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$8,491,087	BeginningYearBalanceAmt
Contributions	$175,780	ContributionsAmt
Investment Earnings Or Losses	$1,144,441	InvestmentEarningsOrLossesAmt
Other Expenditures	$556,043	OtherExpendituresAmt
Administrative Expenses	$44,109	AdministrativeExpensesAmt
End Year Balance	$9,211,156	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$8,246,077	BeginningYearBalanceAmt
Contributions	$199,453	ContributionsAmt
Investment Earnings Or Losses	$575,501	InvestmentEarningsOrLossesAmt
Other Expenditures	$487,832	OtherExpendituresAmt
Administrative Expenses	$42,112	AdministrativeExpensesAmt
End Year Balance	$8,491,087	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	0.70310	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.29690	TermEndowmentBalanceEOYPct
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	$1,079,129	OtherCostOrOtherBasisAmt
Book Value	$1,079,129	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,605,739	OtherCostOrOtherBasisAmt
Depreciation	$3,465,179	DepreciationAmt
Book Value	$5,140,560	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,720,108	OtherCostOrOtherBasisAmt
Depreciation	$1,619,682	DepreciationAmt
Book Value	$100,426	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,320,115	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$6,317,443	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$202,006	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$202,006	RevenueNotReportedAmt
Revenue Subtotal	$6,115,437	RevenueSubtotalAmt
Other Revenues Not Included	$1	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$6,115,438	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,928,650	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$5,928,650	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,928,650	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

GEORGE STEVENS ACADEMY IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE 501(C) (3). THE SCHOOL REGULARLY REVIEWS AND EVALUATES ITS TAX POSITION TAKEN IN PREVIOUSLY FILED INFORMATION RETURNS AND AS IS REFLECTED IN ITS FINANCIAL STATEMENTS, WITH REGARD TO ISSUES AFFECTING ITS TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME AND RELATED MATTERS. THE SCHOOL BELIEVES THAT IN THE EVENT OF AN EXAMINATION BY TAXING AUTHORITIES, ITS POSITION WOULD PREVAIL BASED UPON TECHNICAL MERIT OF SUCH POSITIONS. THEREFORE THE SCHOOL HAS CONCLUDED THAT NO TAX BENEFITS OR LIABILITIES ARE REQUIRED TO BE RECOGNIZED. THE SCHOOL TAX RETURNS ARE SUBJECT TO FEDERAL AND STATE REVIEW BY TAXING AUTHORITIES FOR FISCAL YEARS ENDED JUNE 30, 2010, 2011, AND 2012.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 1.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	0	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	0	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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	THE SCHOOL HAS THE POLICY ON THE SCHOOL WEBSITE
SCHEDULE E, PART I, LINE 4	NOT CONSIDERED NECESSARY SINCE RACE DOES NOT FACTOR INTO ADMISSION OR EMPLOYMENT

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt
COLLEGE SCHOLARSHIPS AWARDED	30	$128,150
PRINCIPAL DISCRETIONARY FUND TO HELP STUDENTS AT RISK FOR QUITTING SCHOOL	2		$686

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON CRITERIA SET FORTH BY THE DONOR AND THEN DISPERSED DIRECTLY TO THE COLLEGE	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JIM MARKOS
PRESIDENT OF MAINE SHELLFISH	$1,296	THE SCHOOL PURCHASES FOOD SUPPLIES FROM MAINE SHELLFISH	0
FRANK BIANCO
DIRECTOR OF FOOD SERVICE-FRANK'S FAMILY OWNS BIANCO PROVISIONS	$99,068	THE SCHOOL PURCHAES FOOD SUPPLIES FROM BIANCO PROVISIONS	0
PRUDENCE HEILNER
RESIDENTIAL LIFE ASSISTANT AND IS MARRIED TO THE BUSINESS MANAGER	$8,467	THE SCHOOL PAID FOR A PART TIME ASSISTANT TO THE DIRECTOR OF THE RESIDENTIAL STUDENT PROGRAM	0
(no name)
			0
(no name)
			0
(no name)
			0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	990 IS PROVDIDED TO THE BOARD OF TRUSTEES AND REVEIWED AT A SUBSEQUENT MEETING
FORM 990, PART VI, SECTION B, LINE 12	ALL TRUSTEES SIGN THE TRUSTEES STATEMENT OF COMMITMENT. WHICH REQUIRES THAT THEY NOT INVOLVE THEMSELVES IN ANY MATTERS THEY HAVE A CONFLICT OF INTEREST ON
FORM 990, PART VI, SECTION B, LINE 15	BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL APPROVES COMPENSATION FOR ADMNISTRATORS AND THERE IS A COMPENSATION COMMITEE TO OVERSEE ALL EMPLOYEES COMPENSATION. COMPENSATION IS COMPARABLE FOR THE AREA.
FORM 990, PART VI, SECTION C, LINE 18	THEY ARE AVAILABLE UPON REQUEST
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST
FORM 990, PART XI, LINE 9:	ROUNDING -11.
990 PART XI LINE 2C	THE FINANCE COMMITEE HAS OVERSIGHT OVER THE AUDIT AND SELECTION OF AUDITOR