2016-03-23T15:14:07-05:00 2015-06-30 010494526 BAKER NEWMAN & NOYES LLC 650 ELM STREET SUITE 302 MANCHESTER NH 03101 990 2014-07-01 311668672 Measured Progress Inc MEAS 6037499102 100 Education Way Dover NH 03820 Shelly Craig Chief Financial Officer 6037499102 2016-03-23 1 Nicholas E Porto P01310283 8002447444 2016-03-23 2014 2016-08-17 19:52:53Z Martin Borg 100 Education Way Dover NH 03820 87008818 0 X www.measuredprogress.org X 1999 NH To improve teaching and learning by providing customized assessment products and educational services. 7 4 579 0 0 0 0 0 93805233 89428573 -39194 -1729315 6498 -2620854 93772537 85078404 0 80235 0 0 44315777 39039041 0 0 0 49195340 48221214 93511117 87340490 261420 -2262086 126202097 125821688 97583868 99618874 28618229 26202814 X To improve teaching and learning by providing customized assessment products and educational services. 0 1 63018806 80235 89428573 Measured Progress, Inc. provides large-scale, special population and targeted educational assessment services and products to various state and local educational systems in the United States. Services and products include the complete development and production of custom-designed testing and measurement tools, as well as scoring and evaluation services and software. 63018806 1 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 424 0 1 579 1 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Shelly Craig 6037499102 100 Education Way Dover NH 03820 X Daniel Caton Board Member 3.00 X 22500 0 0 Karen Cowe Board Member 3.00 X 22500 0 0 Jerome Weinfuss Board Member (part year) 3.00 X 5000 0 0 Alice Irby Board Chair 3.00 X X 32500 0 0 Mark Elgart Board Secretary 3.00 X X 22500 0 0 Martin Borg President & CEO/Director 37.50 1.00 X X 321567 0 58122 Stuart Kahl Founding Principal & Director 37.50 1.00 X X 266095 0 56007 Richard Swartz Senior VP & Director 37.50 1.00 X X 255702 0 51866 John Parsons Chief Financial Officer (end 5/15) 37.50 1.00 X 214629 0 51638 Shelly Craig Chief Financial Officer (eff 6/15) 37.50 1.00 X 122370 0 41797 Paul Wilcox Chief Information Officer (end 9/14) 37.50 1.00 X 231668 0 37175 Lisa Ehrlich VP Assessment Solutions 37.50 1.00 X 215515 0 30906 Catherine Taylor VP Measurement Solutions 37.50 X 190485 0 24534 Harry Barfoot Sales & Business Director 37.50 X 184039 0 12301 Candace McCloy VP Human Resources 37.50 1.00 X 170395 0 46153 Michael Nering Psychometrician/Research Scientist 37.50 X 175037 0 17975 2452502 0 428474 51 0 1 0 Kelly Services Inc PO Box 820405 Philadelphia PA 19182 Temporary Staffing 7887597 eMetric LLC 211 N Loop 1604 E Suite 170 San Antonio TX 78232 Subcontractor Testing Services 4672453 Flagship Press Inc 150 Flagship Drive North Andover MA 01845 Printing and Production 4655738 Wested 4665 Lampson Avenue Los Alamitos CA 90720 Subcontractor Testing Services 1495469 Group Avantica Inc 2680 Bayshore Parkway Mountain View CA 94043 Software Development Services 1492900 75 Contract Revenue 611710 89422249 89422249 Miscellaneous Revenue 611710 6324 6324 89428573 2487 2487 2520 0 2520 2520 2520 198612 1930414 -1731802 -1731802 -1731802 Loss on Discontinued Operations 900099 -2623374 -2623374 -2623374 85078404 89428573 0 -4350169 X 80235 80235 1690438 1160994 529444 28599823 12366883 16232940 1081190 834678 246512 5538627 4722233 816394 2128963 1905421 223542 183561 183561 72086 72086 25486981 21867830 3619151 312114 261982 50132 4035164 3387036 648128 599682 599682 5801364 5801364 2111487 1715764 395723 1440282 943255 497027 807044 807044 5467999 5467999 177819 177819 Service Center Costs 1719289 1719289 Bad Debt Expense 6342 6342 87340490 63018806 24321684 0 1515530 12521708 27050774 19651269 3177 0 1266892 1320524 34245395 24471737 11326457 9773658 249035 4117957 2531948 4445705 2629109 76226570 77393472 126202097 125821688 11050996 10602199 3009938 2964307 10852117 10422377 8797018 8329400 63873799 67300591 97583868 99618874 X 0 0 0 0 28618229 26202814 28618229 26202814 126202097 125821688 X -2262086 -675 -152654 X X 0 1 X 1 0 X 96057149 104074687 101421855 93805233 89428573 484787497 96057149 104074687 101421855 93805233 89428573 484787497 0 0 0 484787497 172989 59186 52566 6498 5007 296246 172989 59186 52566 6498 5007 296246 13036 13036 96243174 104133873 101474421 93811731 89433580 485096779 0.99940 0.99920 0.00060 0.00070 X X 1 11.00 0 0 1 0 0.00 0 1 191136 191136 2836167 2009803 826364 435942 284879 151063 10713716 9617892 1095824 20068434 12559163 7509271 9773658 Due From Related Party 71518325 Security Deposits 88500 Net Closing Costs 111252 Intellectual Property, net 5675395 77393472 Due To Intercompany 66168313 Interest Rate Swap 1132278 67300591 X 82869443 -675 -675 82870118 2208286 2208286 85078404 85284858 0 85284858 2055632 2055632 87340490 Part II, Line 5: The City of Dover, NH is the party responsible for monitoring the easement annually, and provides Measured Progress with an easement monitoring report. Part II, Line 9: The conservation easement is not reported in the financial statements. Part X, Line 2: Measured Progress and its subsidiary, 171 Watson Road of Dover Holding Corporation, have been recognized by the Internal Revenue Service as tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code (the Code). As such, they are exempt from federal income tax on related income. Advanced Systems is a for-profit organization which files federal and state income tax returns. The Company follows the accounting guidance for uncertainty in income taxes using the provisions of FASB Accounting Standards Codification 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the consolidated financial statements when it is more-likely-than-not the position will be sustained upon examination by the tax authorities. Such tax positions initially and subsequently need to be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company believes that it has appropriate support for the income tax positions taken and to be taken on tax returns, and that its accruals for tax liabilities are adequate for all open tax years (2012 and thereafter) based on an assessment of many factors including experience and interpretations of tax laws applied to the facts of each matter. The Company has not historically had significant amounts of interest or penalties related to income taxes and any such amount would be recorded as income tax expense. In addition, Management has also evaluated the tax positions of Measured Progress and 171 Watson Road of Dover Holding Corporation, and concluded they have maintained their tax exempt status, properly addressed their unrelated business income, and have taken no uncertain tax positions that require adjustment of disclosure to the consolidated financial statements. Part XI, Line 4b - Other Adjustments: Change in Interest Rate Swap 152,654. Interest Income 2,487. Rental Expenses 2,053,145. Part XII, Line 4b - Other Adjustments: Interest Income 2,487. Rental Expenses 2,053,145. 1 Wentworth-Douglass Hospital 789 Central Avenue Dover NH 038202526 020260334 501(c)(3) 10000 General Support 1 Part I, Line 2: The Organization only makes donations to other 501(c)(3) public charities. Additional monitoring is not deemed necessary. X X X X 1 0 0 0 0 0 0 1 0 Martin Borg President & CEO/Director 268401 0 19200 0 33966 0 26209 0 31913 0 379689 0 0 0 Stuart Kahl Founding Principal & Director 241335 0 15600 0 9160 0 24296 0 31711 0 322102 0 0 0 Richard Swartz Senior VP & Director 223476 0 14067 0 18159 0 23234 0 28632 0 307568 0 0 0 John Parsons Chief Financial Officer (end 5/15) 181129 0 8694 0 24806 0 20398 0 31240 0 266267 0 0 0 Shelly Craig Chief Financial Officer (eff 6/15) 117791 0 3073 0 1506 0 12073 0 29724 0 164167 0 0 0 Paul Wilcox Chief Information Officer (end 9/14) 217650 0 7452 0 6566 0 18405 0 18770 0 268843 0 0 0 Lisa Ehrlich VP Assessment Solutions 178923 0 10878 0 25714 0 19671 0 11235 0 246421 0 0 0 Catherine Taylor VP Measurement Solutions 171277 0 0 0 19208 0 2705 0 21829 0 215019 0 0 0 Harry Barfoot Sales & Business Director 159784 0 0 0 24255 0 10715 0 1586 0 196340 0 0 0 Candace McCloy VP Human Resources 152279 0 6609 0 11507 0 15380 0 30773 0 216548 0 0 0 Michael Nering Psychometrician/Research Scientist 152668 0 4889 0 17480 0 16300 0 1675 0 193012 0 0 0 Part I, Line 4a Paul Wilcox, who previously served as the Organization's Chief Information Officer until 9/12/14, received severance payments in the amount of $54,633 during the year. John Parsons, who served as the Organization's Chief Financial Officer until May 31, 2015, remained employed by the Organization until June 30, 2015 and thus recieved no severance payments until after the fiscal year covered by this return. Part I, Line 7 All employees are eligible to earn a bonus equal to a percentage of salary based on the operating results of the Organization. The bonus amounts are capped and are considered in all reasonable compensation analysis. A New Hampshire Health and Education Authority 020279866 2015-05-07 10458322 refinance debt and property 0 0 1 A 10458322 40587 10458322 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 Part III, Line 9; Part IV, Line 7; and Part V New Hamphire Health and Education Finance Authority coordinates compliance with Section 148 and federal tax requirements. Form 990, Part III, line 3 In 2015, based on changing needs in the marketplace, Measured Progress closed the operations of its Datawise platform. The impact of the shutdown is reported as discontinued operations. Form 990, Part VI, Section A, line 1 Daniel Caton, Karen Cowe, Alice Irby, and Mark Elgart received a stipdend for serving as board members of Measured Progress, Inc. They received no compensation for services rendered to the Organization as employees or independent contractors. In accordance with IRS instructions, these individuals have therefore been listed in Part VI, Line 1b as independent board members. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent, outside accounting firm. A draft of the Form 990 us provided to the Board of Directors for review before filing the return. Form 990, Part VI, Section B, line 12c Each member of the Board of Directors must disclose conflicts of interest annually. If any matter comes before the Board in such a way as to give rise to a conflict of interest, the affected Director must disclose the interest in good faith in advance of any Board action or discussion, as well as any relevant and material facts that might reasonably be construed to be adverse to Measured Progress. The affected Director must also withdraw from the meeting after fulfilling the above requirements as long as the matter is under discussion. The affected Director may not participate in any vote related to the transaction or contract in question. Form 990, Part VI, Section B, line 15 The Organization maintains a compensation program which benchmarks salaries for key employees and officers against external market data for comparable organizations. Authorization follows a formal approval process. The Executive Compensation Committee of the Board of Directors is comprised of external Board members. This group is responsible for reviewing, on an annual basis, the salaries of the Chief Executive Officer (CEO) and the President. The review includes consideration of external market data from comparable organizations. The Board of Directors formally approves the compensation established for the CEO and President. The establishment of key employee salaries follows a formal review and approval process, which also includes an analysis of external market data and salary surveys from comparable organizations. Form 990, Part VI, Section C, line 19 The Organization fully complies with all legal disclosure requirements and makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part VII, Section A: John Parsons served as Chief Financial Officer of the Organization until May 31, 2015. He remained employed by the Organization through the end of the fiscal year and received no severance compensation until after the end of the fiscal year covered by this filing. Shelly Craig was appointed Chief Financial Officer on June 1, 2015. Prior to that appointment, she served as an employee of the Organization. As the 990 instructions stipulate that compensation and benefit information be reported on a calendar year basis, the compensation reported for Ms. Craig on Form 990, Part VII, Section A represents remuneration for her services as an employee of the Organization and does not represent salary and benefit information for her services as CFO. That compensation information will be reported on the Organization's 6/30/16 Form 990. Form 990, Part IX, line 11g Consulting and Temporary Labor: Program service expenses 21,867,830. Management and general expenses 3,619,151. Fundraising expenses 0. Total expenses 25,486,981. Form 990, Part XI, line 9: Change in Interest Rate Swap -152,654. Form 990, Part XII, Line 2c: The audit process has not changed from the prior year. 171 Watson Road of Dover Holding Corporation 100 Education Way Dover NH 03820 200672817 Owns land and buildings of Measured Progress, Inc. NH 501(c)(3) Line 11a, I Measured Progress Inc 1 Advanced Systems in Measurement Inc 100 Education Way Dover NH 03820 020378394 Assessment (inactive) NH Measured Progress Inc C 7215592 1.00000 1 New Horizons in Child Development Inc 100 Education Way Dover NH 03820 020478581 Child Care (dissolved 7/14) NH Advanced Systems in Measurement Inc C 1.00000 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 171 Watson Road of Dover Holding Corp K 2140561 Cash Transferred