2016-11-09T11:07:58-06:00 2016-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 PINE HILL DRIVE SUITE 301 QUINCY MA 021697431 990 2015-07-01 042104152 DEXTER SOUTHFIELD INC DEXT 6175225544 20 NEWTON STREET BROOKLINE MA 024457498 RICHARD SAUL BUSINESS MANAGER 6175225544 2016-11-08 1 MICHELLE Y HATCH P01222458 7819821001 2016-11-02 2015 2017-02-10 21:41:12Z RICHARD SAUL 20 NEWTON STREET BROOKLINE MA 024457498 38544113 0 X WWW.DEXTERSOUTHFIELD.ORG X 1926 MA ELEMENTARY THROUGH HIGH SCHOOL FOR BOYS & GIRLS-PRE-KINDERGARTEN TO GRADE TWELVE. 20 20 288 174 0 0 2439919 2512912 31411582 32796574 2226473 3234627 0 0 36077974 38544113 0 7306890 0 0 16789004 17028798 0 0 1489302 15994375 10380741 32783379 34716429 3294595 3827684 67449183 67865486 42592007 42408679 24857176 25456807 ELEMENTARY THROUGH HIGH SCHOOL FOR BOYS & GIRLS-PRE-KINDERGARTEN TO GRADE TWELVE. 0 0 20022240 33943920 THE SCHOOL PROVIDES ELEMENTARY AND SECONDARY COLLEGE PREPARATORY EDUCATION TO BOYS AND GIRLS IN GRADES PRE-KINDERGARTEN THROUGH 12. 7306890 7306890 THE SCHOOL PROVIDES STUDENTS AID IN THE FORM OF GRANTS FOR QUALIFYING STUDENTS WHO WOULD OTHERWISE BE UNABLE TO ATTEND THE SCHOOL. 1166518 1497406 THE SCHOOL PROVIDES SERVICES TO THE COMMUNITY THROUGH ITS SUMMER DAY CAMPS, ADULT EDUCATION, PUBLIC SCHOOL PROGRAMS, AND OTHER EDUCATIONAL OUTREACH PROGRAMS. 28495648 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 75 0 1 288 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA X RICHARD D SAUL 6175225544 20 NEWTON STREET BROOKLINE MA 024457498 X EDWARD M MAHONEY TRUSTEE 4.00 X 0 0 0 DR DAVID S BROWN TRUSTEE 4.00 X 0 0 0 WILLIAM J CLEARY JR TRUSTEE 4.00 X 0 0 0 HONORABLE SANDRA L HAMLIN TRUSTEE 4.00 X 0 0 0 DR VINCENT J MORGAN TRUSTEE THRU MAY 4.00 X 0 0 0 ANTHONY DINOVI TRUSTEE 4.00 X 0 0 0 RICHARD T MILLER TRUSTEE THRU MAY 4.00 X 0 0 0 LAURA CONRAD WILSON TRUSTEE 4.00 X 0 0 0 ALLISON KANEB PELLEGRINO TRUSTEE 4.00 X 0 0 0 CHRISTOPHER HUME REYNOLDS TRUSTEE 4.00 X 0 0 0 SCOTT BARRINGER TRUSTEE 4.00 X 0 0 0 F WARREN MCFARLAN TRUSTEE 4.00 X 0 0 0 PETER L O'BRIEN TRUSTEE 4.00 X 0 0 0 CHRISTOPHER B ROY TRUSTEE 4.00 X 0 0 0 ELIZABETH H BALDINI TRUSTEE A/O MAY 4.00 X 0 0 0 JONATHAN A KRAFT TRUSTEE A/O MAY 4.00 X 0 0 0 MARK E FUSCO TRUSTEE A/O MAY 4.00 X 0 0 0 KAREN W MUELLER TRUSTEE/TREASURER A/O MAY 4.00 X X 0 0 0 ERNEST C ADAMS TRUSTEE/CLERK 4.00 X X 0 0 0 CHARLES T HAYDOCK TREAS. THRU MAY/VP A/O MAY/ TRUSTEE 4.00 X X 0 0 0 W SHAW MCDERMOTT TRUSTEE/PRESIDENT 10.00 X X 0 0 0 DR BARBARA P ROCKETT TRUSTEE/VICE PRESIDENT 4.00 X X 0 0 0 DANIEL STEWART TUCKER ASSISTANT HEAD OF SCHOOL 60.00 X 181800 0 61522 RICHARD D SAUL BUSINESS MANAGER 60.00 X 207669 0 65191 TODD VINCENT HEAD OF SCHOOL 60.00 X 312372 0 143392 DANIEL DONATO ADMISSIONS/COACH 50.00 X 185667 0 35782 ANN HARRIS DIRECTOR OF ADVANCEMENT 50.00 X 155750 0 17022 ROBERT PHINNEY CLAY CENTER DIRECTOR 50.00 X 148793 0 28064 SUSAN BURKE HEAD OF MIDDLE SCHOOL 50.00 X 135700 0 33285 SUSAN DOMKE MUSIC TEACHER 50.00 X 131020 0 24297 1458771 0 408555 22 0 1 0 RUSSELL BRIER & CO LLC 10 POST OFFICE SQ STE 6005 BOSTON MA 02109 AUDITOR 207445 SCHWARTZ HANNUM PC 11 CHESTNUT STREET ANDOVER MA 01810 LAWYER/CONSULTANT 100096 2 2512912 2512912 TUITION & FEES 611110 30807296 30807296 SUMMER PROGRAM 611110 1497406 1497406 OTHER REVENUE 611110 270594 270594 ICE FACILITY FEES 611110 221278 221278 32796574 589875 589875 2189502 455250 0 0 2189502 455250 2644752 2644752 38544113 35441326 0 589875 7306890 7306890 997966 997966 12052149 9684168 1604355 763626 857728 708061 111817 37850 2145723 1847560 193341 104822 975232 773617 145263 56352 1327 1327 101726 101726 336715 336715 21463 21463 179080 221 88575 90284 55881 55881 1090179 872165 172134 45880 2371 2371 104729 26806 77923 1056942 1042474 14468 2076491 1611197 352047 113247 262928 44503 215299 3126 CONTRACTED SERVICES 1406913 1083577 193217 130119 INSTRUCTIONAL EXPENSES 1391952 1391952 LUNCHROOM EXPENSES 1137195 1137195 SUMMER AND OTHER PROGRA 421799 421799 733050 570269 152589 10192 34716429 28495648 4731479 1489302 696347 1114156 3052341 40308 30375 110283 155914 100428 103493 334250 788046 67395951 39017690 31682630 28378261 33933167 34158943 343659 208111 83957 67449183 67865486 112775 273528 4792727 5813605 35750000 35879175 1936505 442371 42592007 42408679 X 24685709 22543539 1464051 171467 1449217 24857176 25456807 67449183 67865486 X 3827684 -496317 -2731736 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 30036887 236486 6084783 915150 35443006 31670189 176682 -796056 1013928 30036887 30335539 2666670 3011569 1943051 538 34070189 28887554 708945 2639206 1900147 19 30335539 30480262 840250 -1411603 1010058 11297 28887554 0.92040 0.04100 0.03860 0 0 358747 358747 50789226 26158485 24630741 5194708 4049503 1145205 10606300 8809702 1796598 446970 446970 28378261 ACCRUED INTEREST PAYABLE 279327 CHARITABLE GIFT ANNUITY PAYABLE 13044 DEFERRED COMPENSATION ACCRUAL 150000 442371 27907444 -496317 -10038626 -10534943 38442387 101726 101726 38544113 27307813 0 27307813 101726 7306890 7408616 34716429 PART III, LINE 4: THE SCHOOL HOLDS FINE ART AND COLLECTIBLES FOR DISPLAY AT THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE -7,306,890. LOSS ON RETIREMENT OF DEBT -2,731,736. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 7,306,890. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IN THE CURRENT FISCAL YEAR THE RACIALLY NON-DISCRIMINATORY POLICY WAS PUBLISHED IN CONJUNCTION WITH A GROUP ADVERTISEMENT COORDINATED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND ON DECEMBER 6, 2015. 1 FINANCIAL AID TO STUDENTS 252 7306890 PART I, LINE 2: FINANCIAL AID IS DETERMINED BASED ON THE STUDENTS' NEED. DEXTER SOUTHFIELD USES THE SERVICES OF SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS). THE PARENTS FILL OUT THEIR FINANCIAL STATEMENT AND SUBMIT IT TO SSS WHO THEN TURNS OVER THE INFORMATION TO THE SCHOOL. X 0 0 X X X X 0 1 0 0 0 0 0 0 0 DANIEL STEWART TUCKER ASSISTANT HEAD OF SCHOOL 181800 0 0 0 0 0 43180 0 18342 0 243322 0 0 0 RICHARD D SAUL BUSINESS MANAGER 207669 0 0 0 0 0 45300 0 19891 0 272860 0 0 0 TODD VINCENT HEAD OF SCHOOL 312372 0 0 0 0 0 126500 0 16892 0 455764 0 0 0 DANIEL DONATO ADMISSIONS/COACH 185667 0 0 0 0 0 16000 0 19782 0 221449 0 0 0 ANN HARRIS DIRECTOR OF ADVANCEMENT 155750 0 0 0 0 0 10145 0 6877 0 172772 0 0 0 ROBERT PHINNEY CLAY CENTER DIRECTOR 148793 0 0 0 0 0 11408 0 16656 0 176857 0 0 0 SUSAN BURKE HEAD OF MIDDLE SCHOOL 135700 0 0 0 0 0 13570 0 19715 0 168985 0 0 0 SUSAN DOMKE MUSIC TEACHER 131020 0 0 0 0 0 7742 0 16555 0 155317 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL, TODD VINCENT, LIVES IN CAMPUS HOUSING PROVIDED BY THE SCHOOL. THE FMV OF THE HOUSING IS INCLUDED IN HIS W-2 INCOME. PART I, LINE 4B IN JULY 2015, DEXTER SOUTHFIELD ADOPTED A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR TODD VINCENT, THE HEAD OF SCHOOL, RICHARD SAUL, BUSINESS MANAGER AND DANIEL STEWART TUCKER, THE ASSISTANT HEAD OF SCHOOL. DEXTER SOUTHFIELD MADE CONTRIBUTIONS TOTALING $150,000 DURING FISCAL YEAR 2016. A MASS DEVELOPMENT FINANCE AGENCY 57583RQL2 2007-08-02 1100000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 57583RQM0 2007-08-02 1150000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 57583RQN8 2007-08-02 1210000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 57583RQR3 2007-08-02 1275000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 A 970000 0 0 1 1 B 1015000 0 0 1 1 C 1065000 0 0 1 1 D 1125000 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 PART II, LINE 11 THE $31,589,152 IS MADE UP OF $31,520,000 WHICH WAS USED TO REFUND PRIOR BOND ISSUANCES FROM 2007 AND $69,152 WHICH WAS PAID FOR AN ISSUER'S ADMINISTRATIVE FEE. A MASS DEVELOPMENT FINANCE AGENCY 57583RQQ1 2007-08-02 13300000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 57583RQR9 2007-08-02 1400000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 57583RQS7 2007-08-02 1465000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 57583RQT5 2007-08-02 1540000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 A 1175000 0 0 1 1 B 1235000 0 0 1 1 C 1290000 0 0 1 1 D 1360000 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 A MASS DEVELOPMENT FINANCE AGENCY 57583RQU2 2007-08-02 1600000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 57583RQV0 2007-08-02 1680000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 57583RQW8 2007-08-02 3000000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 57583RQE8 2007-08-02 8000000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 A 1410000 0 0 1 1 B 1480000 0 0 1 1 C 2640000 0 0 1 1 D 7055000 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 A MASS DEVELOPMENT FINANCE AGENCY 57583RQX6 2007-08-02 11000000 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 2015-09-14 32262736 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 0 0 0 A 9700000 0 0 1 1 B 32262736 441264 31589152 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 1 A 0 B 1 CYNTHIA SAUL DAUGHTER OF BUSINESS MANAGER 21140 EMPLOYEE OF THE SCHOOL 0 KRISTEN VINCENT WIFE OF HEAD OF SCHOOL 69223 EMPLOYEE OF THE SCHOOL 0 CHRISTINE ADAMS WIFE OF TRUSTEE WHO IS CLERK OF BOARD OF TRUSTEES 75375 PART-TIME EMPLOYEE OF SCHOOL 0 X 24 286055 FMV ON DATE OF GIFT 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS FOR SECURITIES-PUBLICLY TRADED REPRESENT THE INDIVIDUALS WHO DONATED STOCK. PART I, LINE 32B: BROKERAGE FIRM IS USED TO SELL ANY MARKETABLE SECURITIES RECEIVED. FORM 990, PART VI, SECTION A, LINE 8B MINUTES OF THE MEETINGS OF THE BOARD OF TRUSTEES ARE KEPT. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT, TREASURER, AND AUDIT COMMITTEE OF THE CORPORATION REVIEW THE FORM 990 PRIOR TO SUBMITTAL, AND THE FORM IS AVAILABLE FOR REVIEW FOR THOSE DESIRING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL CONDUCTS PERIODIC REVIEWS TO DETERMINE WHETHER ANY CONFLICT OF INTEREST EXISTS. ADDITIONALLY, THE SCHOOL REQUIRES ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND PRINCIPAL ADMINISTRATORS OF THE SCHOOL TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE SCHOOL ALSO DISTRIBUTES THIS POLICY TO ANY THIRD PARTY WHO IS ENGAGED BY THE SCHOOL TO PROVIDE CONSULTING OR FINANCIAL AND OPERATING DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL COMPARED DATA FROM SURROUNDING PRIVATE SCHOOLS TO DETERMINE ADEQUATE AND COMPETITIVE COMPENSATION FOR THE INCOMING HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON RETIREMENT OF DEBT -2,731,736.