2017-04-18T00:00:00-05:00 2016-06-30 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2015-07-01 010211509 GOULD ACADEMY GOUL 2078247700 CHURCH STREET PO BOX 860 BETHEL ME 04217 BETH MCWILLIAMS CFO 2078247712 2017-04-19 1 RORY O'BRION P01874526 2077732986 2015 2021-01-29 14:40:06Z MATTHEW RUBY CHURCH STREET PO BOX 860 BETHEL ME 04217 20936167 0 X GOULDACADEMY.ORG X 1836 ME GOULD ACADEMY PREPARES ACADEMICALLY MOTIVATED STUDENTS FOR COLLEGE AND HELPS THEM TO BECOME INDEPENDENT-MINDED, ETHICAL CITIZENS WHO WILL LEAD LIVES OF PURPOSE, ACTION, EXCELLENCE, AND COMPASSION IN A DYNAMIC WORLD. THE SCHOOL SERVES APPROXIMATELY 243 BOARDING AND DAY STUDENTS. 17 17 146 73 0 0 905498 1326952 13324873 14981387 601378 622367 388895 -21919 15220644 16908787 3470466 3716545 0 0 6836158 6796360 0 0 694718 5021003 5130365 15327627 15643270 -106983 1265517 41837457 43575123 7886926 8440628 33950531 35134495 X GOULD ACADEMY PREPARES ACADEMICALLY MOTIVATED STUDENTS FOR COLLEGE AND HELPS THEM TO BECOME INDEPENDENT-MINDED, ETHICAL CITIZENS WHO WILL LEAD LIVES OF PURPOSE, ACTION, EXCELLENCE, AND COMPASSION IN A DYNAMIC WORLD. 0 0 12683302 3716545 14981387 TAUGHT AND EDUCATED ONE STUDENT AT A TIME THROUGH STRONG STUDENT-FACULTY RELATIONSHIPS THAT REFLECT A DEEP KNOWLEDGE OF EACH STUDENT AS AN INDIVIDUAL AND THAT FOSTER SOUND WORK HABITS, A STRONG SENSE OF SELF CONFIDENCE, TEAMWORK, AND LEADERSHIP SKILLS, AND PRINCIPLED DECISION-MAKING.ENSURED THAT EVERY GOULD STUDENT BENEFITED FROM EDUCATION OF THE WHOLE PERSON THROUGH RICH AND CHALLENGING, YET SUPPORTIVE, ACADEMIC, CO-CURRICULAR, AND COMMUNITY LIFE PROGRAMS THAT PROMOTE DEVELOPMENT ACROSS ALL DOMAINS OF PERSONAL GROWTH.HELPED STUDENTS EXPLORE THE WHOLE WORLD THROUGH ACADEMIC ENGAGEMENT WITH MAJOR GLOBAL THEMES, IMMERSION OF DIVERSE CULTURES, MEANINGFUL EXPERIENCE IN THE NATURAL WORLD, AND DIRECT INVOLVEMENT IN INITIATIVES THAT PROMOTE ECOSYSTEM AND ENERGY SUSTAINABILITY. 12683302 1 1 0 0 0 0 0 0 0 1 1 0 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 0 0 0 0 1 0 0 0 0 0 0 0 0 1 74 0 1 146 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X X BETH MCWILLIAMS 2078247712 39 CHURCH STREET BETHEL ME 04217 WENDY E PENLEY PRESIDENT 1.00 X X 0 0 0 SARAH S TAYMORE VICE PRESIDENT 1.00 X X 0 0 0 CHRISTINE SANBORN TEAGUE SECRETARY 1.00 X X 0 0 0 CHARLES A JACOBS MEMBER AT LARGE 1.00 X 0 0 0 RICHARD H RAMAGE MEMBER AT LARGE 1.00 X 0 0 0 MATTHEW CARTER JR MEMBER AT LARGE 1.00 X 0 0 0 DR DONALD M CHRISTIE JR MEMBER AT LARGE 1.00 X 0 0 0 HOLLY BANCROFT BROWN MEMBER AT LARGE 1.00 X 0 0 0 CHRISTOPHER L BROOKS MEMBER AT LARGE 1.00 X 0 0 0 MARY D GALE MEMBER AT LARGE 1.00 X 0 0 0 PHYLLIS GARDINER MEMBER AT LARGE 1.00 X 0 0 0 DR FRANK D LEE MEMBER AT LARGE 1.00 X 0 0 0 STEPHANIE W MONTGOMERY MEMBER AT LARGE 1.00 X 0 0 0 MARSHA WG PLANTING MEMBER AT LARGE 1.00 X 0 0 0 KENNETH A REMSEN MEMBER AT LARGE 1.00 X 0 0 0 JAN L SKELTON MEMBER AT LARGE 1.00 X 0 0 0 WILLIAM W WHITE III MEMBER AT LARGE 1.00 X 0 0 0 MATTHEW RUBY HEAD OF SCHOOL 50.00 X 202118 0 27456 BETH MCWILLIAMS CFO 50.00 X 126987 0 23163 MARK GODOMSKY SKI PROGRAM DIRECTOR 50.00 X 119995 0 12907 JEFFREY M CANDURA DIRECTOR OF ADVANCEMENT 50.00 X 102363 0 13499 551463 0 77025 4 0 1 0 FLIK PO BOX 417632 BOSTON MA 02241 FOOD SERVICE CONTRACTOR 811037 TRAVEL LEADERS FRAMINGHAM 19 SNAKE BROOK ROAD WAYLAND MA 01778 TRAVEL AGENT 106185 2 1326952 110784 1326952 TUITION AND FEES 611600 14456376 14456376 VARIOUS SCHOOL ACTIVITIES 611710 467123 467123 OTHER SERVICES AND FEES 611710 57888 57888 14981387 467512 467512 4046559 13293 3904997 0 141562 13293 154855 154855 25005 57591 -32586 -32586 2982 0 2982 2982 72477 64792 7685 7685 16908787 14981387 0 600448 3716545 3716545 450249 93489 263271 93489 5088772 3878456 901685 308631 193085 123502 55663 13920 699104 334768 322436 41900 365150 219090 115022 31038 30846 30846 21785 21785 3808 3808 151076 20667 124807 5602 58821 6176 31587 21058 137766 46686 62910 28170 69415 38477 30938 1059810 1022179 22478 15153 18780 18780 81176 20418 35998 24760 156517 154437 1040 1040 1026882 1002863 24019 169451 126537 42914 DINING 717201 717201 MISCELLANEOUS 444285 263778 80731 99776 STUDENT PROGRAMS 426282 426282 SUPPLIES & EQUIPMENT 285963 274595 5327 6041 270501 178376 87985 4140 15643270 12683302 2265250 694718 2700 368725 1537085 2387117 1418394 1465479 65012 32550 44432 40743 86794 122339 331525 348384 32731434 13319828 19503770 19411606 18639563 19214017 208182 184163 41837457 43575123 757566 654501 2045425 2292648 3861593 3753784 944850 1045589 277492 694106 7886926 8440628 X 16880244 17817636 6314089 6503764 10756198 10813095 33950531 35134495 41837457 43575123 1265517 -81553 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16372547 403423 419100 16356870 15891890 99106 762601 381050 16372547 13762136 36038 2478474 384758 15891890 12207059 142584 1719883 307390 13762136 12005728 292565 273892 365126 12207059 0.09510 0.64930 0.25560 0 0 364105 364105 29452857 11422739 18030118 2034777 1248343 786434 879695 648746 230949 19411606 LIABILITY UNDER ANNUITY TRUST AGREEMENT 93347 CAPITAL LEASE OBLIGATION 90015 FUNDS HELD FOR OTHERS 510744 694106 X 13116876 -81553 11995 -69558 13186434 3808 3718545 3722353 16908787 11932912 11995 11995 11920917 3808 3718545 3722353 15643270 PART V, LINE 4: THE OVERALL GOAL OF THE ENDOWMENT FUNDS IS TO BALANCE THE OPERATING AND NON-OPERATING FUNDING NEEDS OF THE ACADEMY WITH THE LONG-TERM PRESERVATION AND GROWTH OF THE ACADEMY'S ASSETS. PART X, LINE 2: THE ACADEMY FOLLOWS THE PROVISIONS OF FASB ASC 741-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THERE WAS NO CUMULATIVE EFFECT ON THE ACADEMY'S FINANCIAL STATEMENTS RELATED TO FOLLOWING THESE PROVISIONS, AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED. THE ACADEMY IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR THE YEARS ENDED JUNE 30, 2013 THROUGH 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 11,995. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,716,545. BAD DEBT EXPENSE - ADD BACK 2,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 11,995. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,716,545. BAD DEBT EXPENSE RECLASSED FROM DECREASE IN REVENUE 2,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 INCLUDED ON EVERY ENROLLMENT AGREEMENT AND IN EVERY ADMISSION VIEWBOOK. PARENT AUCTION 25005 25005 57591 25005 25005 57591 57591 -32586 1 FINANCIAL AID GRANTS AND SCHOLARSHIPS 124 3716545 GRANTS & SCHOLARSHIPS FOR REDUCED TUITION. PART I, LINE 2: STUDENTS SEEKING FINANCIAL AID ACCESS A STUDENT SCHOOL SERVICES (SSS) APPLICATION FROM THE SCHOOL'S WEBSITE. THE COMPLETED APPLICATION IS THEN SENT TO SSS WHO PROCESSES AND SENDS A HARD COPY TO THE SCHOOL WITH AN AMOUNT THAT SSS HAS DETERMINED THAT THE FAMILY CAN PAY TOWARD BOARDING AND DAY TUITION. THE ADMINISTRATION OFFICE AT THE SCHOOL THEN USES THIS INFORMATION TO HELP MAKE THE FINANCIAL AID DETERMINATION. X 0 0 X X X 0 0 0 0 0 0 0 0 0 MATTHEW RUBY HEAD OF SCHOOL 202118 0 0 0 0 0 11350 0 16106 0 229574 0 0 0 BETH MCWILLIAMS CFO 126987 0 0 0 0 0 7057 0 16106 0 150150 0 0 0 PART I, LINE 1A HOUSING RESIDENCE - AS A BOARDING SECONDARY SCHOOL, WE MANDATE CAMPUS HOUSING FOR CERTAIN EMPLOYEES. A TOWN OF BETHEL MAINE 016000069 NONEAVAIL 2014-08-29 3900000 REFINANCE EXISTING BONDS & FUND RENOVATIONS TO HANSCOM HALL. 0 0 0 A 3900000 77314 2002596 1694946 125144 2015 0 1 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 3 61094 FAIR MARKET VALUE X AUCTION ITEMS 69 45596 COMPARABLE SALES X T-SHIRT PRINTER 1 3000 COMPARABLE SALES X SOFA 1 600 COMPARABLE SALES X MEALS & DRINKS 2 444 COST X GIFT CARD 1 50 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 AUDIT COMMITTEE REVIEWS AND THEN REPORTS TO THE FULL TRUSTEE BOARD, THE FULL BOARD DOES NOT REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL ASKS BOARD MEMBERS AND SENIOR STAFF TO FILL OUT A CONFLICT OF INTEREST FORM ANNUALLY AND KEEPS THEM ON FILE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE OF BOARD REVIEWS ALL SENIOR STAFF AND COMPARES DATA. FORM 990, PART VI, SECTION C, LINE 18 THE SCHOOL MAKES THESE FORMS AND RETURNS AVAILABLE THROUGH THE GUIDESTAR WEBSITE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: NO CHANGE IN THE SCHOOL'S PROCEDURES. PROCESS IF HANDLED BY THE AUDIT COMMITTEE.