2016-11-04T09:37:39-05:00 2016-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 PINE HILL DRIVE SUITE 301 QUINCY MA 021697431 990 2015-07-01 042574089 THE WALDORF SCHOOL INC WALD 7818631063 739 MASSACHUSETTS AVENUE LEXINGTON MA 024203916 PAULO MILKO TREASURER 7818631063 2016-10-27 1 KEVIN T WHITE P00097855 7819821001 2016-10-18 2015 2017-02-10 21:41:12Z PAULO MILKO 739 MASSACHUSETTS AVENUE LEXINGTON MA 024203916 4810257 0 X WWW.THEWALDORFSCHOOL.ORG X 1971 MA TO PROVIDE AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS THE PHYSICAL, SPIRITUAL, SOCIAL, AND INTELLECTUAL GROWTH AND DEVELOPMENT OF OUR STUDENTS IN GRADES K-8. 14 11 66 50 0 0 337146 261016 4012728 4201897 6689 10387 138049 231718 4494612 4705018 456176 405553 0 0 2593582 2960278 0 0 69716 932812 779752 3982570 4145583 512042 559435 4696631 5106065 1699697 1532989 2996934 3573076 X WE ARE AN INDEPENDENT FACULTY-GUIDED PRE-KINDERGARTEN THROUGH EIGHTH GRADE WALDORF SCHOOL IN LEXINGTON, MASSACHUSETTS.OUR MISSION IS TO PROVIDE AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS THE PHYSICAL, SPIRITUAL, SOCIAL, AND INTELLECTUAL GROWTH AND DEVELOPMENT OF OUR STUDENTS.OUR WORK IS BASED ON THE EDUCATIONAL CONTRIBUTIONS OF RUDOLF STEINER AND HIS INSIGHTS INTO HUMAN DEVELOPMENT AND SOCIAL FORMS.OUR GOAL IS TO AWAKEN AND FOSTER IN OUR STUDENTS:-A SENSE OF WONDER-CREATIVE AND INQUIRING MINDS-A WELL-FOUNDED BELIEF IN THEIR CAPACITIES-STRENGTH OF CHARACTER, WILL, AND INTELLECT; AND-COMPASSION FOR AND INTEREST IN ALL LIFE 0 0 3184419 405553 4295305 PROVIDING A COMPREHENSIVE, CULTURAL EDUCATION TO ENCOURAGE OUR STUDENTS (238 STUDENTS DURING THE 2015-2016 SCHOOL YEAR) TO DEVELOP INTO CREATIVE, BALANCED, RESPONSIBLE, AND CLEAR-THINKING INDIVIDUALS. 3184419 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 14 0 1 66 1 0 0 0 0 0 1 1 0 0 0 0 X 14 11 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA X JASON EK 7818631063 739 MASSACHUSETTS AVENUE LEXINGTON MA 02420 LEAH PALUMBO TRUSTEE/TEACHER 40.00 X 57319 0 8795 WENDY MARGO TRUSTEE/TEACHER 40.00 X 62479 0 9002 TOSHI AMANUMA TRUSTEE 1.00 X 0 0 0 JINDRICH LISKA TRUSTEE 1.00 X 0 0 0 LESLIE SVILOKOS TRUSTEE/TEACHER 40.00 X 58772 0 15710 STACEY ZAWEL TRUSTEE 1.00 X 0 0 0 RUSS AYAN TRUSTEE 1.00 X 0 0 0 AMANDA BOSH TRUSTEE 1.00 X 0 0 0 SAM POLYAK TRUSTEE 1.00 X 0 0 0 IRIT TAMIR TRUSTEE 1.00 X 0 0 0 CHRISTOPHER WOLL TRUSTEE 1.00 X 0 0 0 BRYAN KYDD TRUSTEE/SECRETARY 1.00 X X 0 0 0 SHANNON AMES TRUSTEE/PRESIDENT 1.00 X X 0 0 0 PAULO MILKO TRUSTEE/INTERIM VP/TREASURER 1.00 X X 0 0 0 ROBERT SCHIAPPACASSE SCHOOL DIRECTOR 40.00 X 89890 0 16501 JASON EK BUSINESS MANAGER 40.00 X 85516 0 2168 353976 0 52176 0 0 0 0 0 24493 236523 261016 TUITION & FEES 611600 4201897 4201897 4201897 9726 9726 14613 0 14613 14613 14613 661 0 661 661 661 66125 24493 29235 36890 36890 162811 76004 86807 86807 MISCELLANEOUS INCOME 611600 93408 93408 93408 4705018 4295305 0 148697 405553 405553 422887 221638 174329 26920 1941355 1550652 364051 26652 46652 38795 7857 382920 271495 108487 2938 166464 126398 35914 4152 4775 4775 20644 20644 27677 27677 29899 29899 130871 82491 39326 9054 245591 214657 30934 12160 12160 137094 129846 7248 35171 24542 10629 MISCELLANEOUS 84253 58755 25498 DUES AND SUBSCRIPTIONS 34188 34188 PROFESSIONAL DEVELOPMEN 13249 13249 BAD DEBT 4180 4180 4145583 3184419 891448 69716 1440271 1670868 387219 560438 2420 4800 6218 20966 38825 36985 53208 0 4472951 2046250 2385353 2426701 371398 377098 11719 8209 4696631 5106065 65835 47951 1302790 1183175 331072 301863 1699697 1532989 X 2612723 3107668 152160 229000 232051 236408 2996934 3573076 4696631 5106065 559435 -8193 24900 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 371398 4357 1343 377098 265021 100000 6377 371398 219348 45673 265021 189525 29823 219348 189948 -423 189525 0.23770 0.62690 0.13540 0 0 250000 250000 832373 429388 402985 2627091 1097207 1529884 763487 519655 243832 2426701 FIDELITY BOND MUTUAL FUNDS 81121 F FIDELITY DOMESTIC EQUITY MUTUAL FUNDS 192201 F FIDELITY INTERNATIONAL EQUITY MUTUAL FUNDS 99419 F RESTRICTED CASH 4357 F 377098 4392176 -8193 24900 -405553 -388846 4781022 -76004 -76004 4705018 3816034 76004 76004 3740030 405553 405553 4145583 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE INCOME TO SUPPORT PROGRAMS, FINANCIAL AID, AND FUTURE CAPITAL NEEDS/CAPITAL MAINTENANCE FOR THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -405,553. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -76,004. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 76,004. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 405,553. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY TO THE GENERAL PUBLIC IN CONJUNCTION WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND (AISNE). HOLIDAY FAIR 24293 24293 5456 SPRING EVENT 66325 200 66125 16128 3285 4366 1 90618 24493 66125 16128 3285 9822 29235 36890 1 FINANCIAL AID 51 405533 SCHEDULE I, PART III THE TUITION ASSISTANCE PROGRAM (TAP) COMMITTEE OVERSEES THE ENTIRE TUITION ASSISTANCE APPLICATION AND AWARD PROCESS, AND MAKES ALL AWARD DECISIONS. THIS COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT AND MONITORING OF TUITION ASSISTANCE AWARDS TO ENSURE THEY ARE APPLIED PROPERLY TOWARDS TUITION OF THE SCHOOL AND THAT THE PROCESS FOR SELECTING RECIPIENTS IS IN ACCORDANCE WITH THE SCHOOL'S POLICIES. KATE WOLL WIFE OF TRUSTEE 43480 COMPENSATION FOR SERVICES AS A FULL TIME ADMISSIONS DIRECTOR. 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HOLD THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FINAL DRAFT OF FORM 990, EXCEPT FOR SCHEDULE B DUE TO CONFIDENTIALITY REASONS, HAS BEEN DISTRIBUTED TO ALL BOARD MEMBERS IN HARD COPY OR EMAIL PRIOR TO ITS FILING. QUESTIONS AND CLARIFICATIONS CAN BE DIRECTED TOWARD THE FINANCE DIRECTOR, TREASURER, OR FINANCE COMMITTEE MEMBERS PRIOR TO THE FILING DATE. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY FOR REVIEWING THE 990 TO THE FINANCE COMMITTEE. THE FORM 990 AND ALL REQUIRED SUPPLEMENTAL SCHEDULES, EXCEPT FOR SCHEDULE B DUE TO CONFIDENTIALITY REASONS, HAVE BEEN REVIEWED FOR COMPLETENESS AND ACCURACY BY THE FINANCE COMMITTEE PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER ANNUALLY COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE TRUSTEE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE WALDORF SCHOOL INC. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE SCHOOL DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. ANY INDIVIDUALS WITH IDENTIFIED CONFLICTS OF INTEREST DO NOT PARTICIPATE IN DICUSSIONS OR VOTES WITH RESPECT TO THOSE MATTERS, NOR ARE THEY PERMITTED TO EXERT INFLUENCE ON ANY VOTING MEMBER REGARDING THOSE MATTERS. THIS POLICY IS APPLICABLE TO ALL OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION POLICY STATES THAT THE PROCESS INCLUDES THE FOLLOWING ELEMENTS: (1) REVIEW AND APPROVAL: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE OF THE WALDORF SCHOOL INC, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. (2) USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. (3)CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THIS PROCESS WAS PERFORMED DURING THE CURRENT FISCAL YEAR FOR THE POSITIONS OF THE SCHOOL DIRECTOR AND FINANCE AND ADMINISTRATION DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THESE DOCUMENTS ARE MADE AVAILABLE IN THE SCHOOL'S MAIN BUSINESS OFFICE. FORM 990, PART XI, LINE 2C: THE SCHOOL'S AUDIT AND FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OF THE SCHOOL AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.