2016-05-16T09:46:53-05:00 2015-06-30 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2014-07-01 010211509 GOULD ACADEMY GOUL 2078247700 CHURCH STREET PO BOX 860 BETHEL ME 04217 BETH MCWILLIAMS CFO 2078247712 2016-05-16 1 THOMAS EMERY P00532592 2077732986 2014 2016-08-17 19:52:53Z MATTHEW RUBY CHURCH STREET PO BOX 860 BETHEL ME 04217 18715848 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 17 144 41 0 0 1544261 905498 12451706 13324873 515544 601378 188123 388895 14699634 15220644 2972987 3470466 0 0 6370276 6836158 0 0 597805 5033144 5021003 14376407 15327627 323227 -106983 39274949 41837457 5460659 7886926 33814290 33950531 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. THE SCHOOL SERVES APPROXIMATELY 243 BOARDING AND DAY STUDENTS. 0 0 12462917 3470466 13677069 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 IN DIVERSE CULTURES, MEANINGFUL EXPERIENCE IN THE NATURAL WORLD, AND DIRECT INVOLVEMENT IN INITIATIVES THAT PROMOTE ECOSYSTEM AND ENERGY SUSTAINABILITY. 12462917 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 1 0 0 1 0 0 0 0 0 0 0 0 1 83 0 1 144 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 ME X X BETH MCWILLIAMS 2078247712 39 CHURCH STREET BETHEL ME 04217 WENDY E PENLEY PRESIDENT 1.00 X X 0 0 0 CHARLES A JACOBS VICE PRESIDENT 1.00 X X 0 0 0 CHRISTINE S TEAGUE SECRETARY 1.00 X X 0 0 0 SARAH S TAYMORE MEMBER AT LARGE 1.00 X 0 0 0 FRANK D LEE PHD MEMBER AT LARGE 1.00 X 0 0 0 RICHARD H RAMAGE 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 JANET T CONROY MEMBER AT LARGE 1.00 X 0 0 0 MARY D GALE MEMBER AT LARGE 1.00 X 0 0 0 JOHANN H GOUWS MEMBER AT LARGE 1.00 X 0 0 0 MARSHA G PLANTING MEMBER AT LARGE 1.00 X 0 0 0 PHYLLIS GARDINER MEMBER AT LARGE 1.00 X 0 0 0 STEPHANIE W MONTGOMERY MEMBER AT LARGE 1.00 X 0 0 0 HOPE SCHROY MEMBER AT LARGE 1.00 X 0 0 0 JAN L SKELTON MEMBER AT LARGE 1.00 X 0 0 0 MATTHEW RUBY HEAD OF SCHOOL 50.00 X 190754 0 23698 BETH MCWILLIAMS CFO 50.00 X 123078 0 20416 MARK GODOMSKY SKI PROGRAM DIRECTOR 50.00 X 117691 0 19527 JEFFREY M CANDURA DIRECTOR OF ADVANCEMENT 50.00 X 103845 0 6024 535368 0 69665 4 0 1 0 WARREN CONSTRUCTION GROUP LLC PO BOX 362 SOUTH FREEPORT ME 04078 CONSTRUCTION 1783098 FLIK PO BOX 417632 BOSTON MA 02241 FOOD SERVICE CONTRACTOR 807679 JOHNSON & JORDAN INC 18 MUSSEY ROAD SCARBOROUGH ME 04074 CONSTRUCTION 195615 3 57846 847652 110590 905498 SECONDARY EDUCATION 611600 13324873 13324873 13324873 390383 390383 3588485 30730 3408220 0 180265 30730 210995 210995 24380 57846 35356 -10976 -10976 3473 0 3473 3473 95830 51628 44202 44202 VARIOUS SCHOOL ACTIVITI 611600 352196 352196 352196 15220644 13677069 0 638077 3470466 3470466 387852 114367 227738 45747 4983462 3701425 995764 286273 203424 142103 46198 15123 894742 613244 225922 55576 366678 254603 89251 22824 21473 21473 25700 25700 5420 5420 31663 31663 157922 20497 99642 37783 111920 65759 31347 14814 1151777 1100839 32037 18901 124815 38450 65218 21147 124249 69502 10795 43952 37843 37843 901245 877226 24019 156397 156397 STUDENT PROGRAMS 773401 773401 DINING 720264 720264 MISCELLANEOUS 369963 206469 127829 35665 VEHICLE COSTS 122226 122226 184725 172076 12649 15327627 12462917 2266905 597805 2900 2700 1506916 1537085 1510820 1418394 93955 65012 54510 44432 84421 86794 219831 331525 31956000 12452230 17410339 19503770 18383274 18639563 7983 208182 39274949 41837457 610083 757566 2210550 2045425 1684249 3861593 585717 944850 370060 277492 5460659 7886926 X 16565012 16880244 6663729 6314089 10585549 10756198 33814290 33950531 39274949 41837457 X -106983 243225 -1 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15891890 99106 762601 381050 16372547 13762136 36038 2478474 384758 15891890 12207059 142584 1719883 307390 13762136 12005728 292565 273892 365126 12207059 10346784 441998 1216946 12005728 0.09270 0.64870 0.25860 0 0 364105 364105 29030896 10733025 18297871 1698369 1012565 685804 862630 706640 155990 19503770 LIABILITY UNDER ANNUITY TRUST AGREEMENT 95194 CAPITAL LEASE OBLIGATION 182298 277492 X 11997949 243225 9966 253191 11744758 5420 3470466 3475886 15220644 11861707 9966 9966 11851741 5420 3470466 3475886 15327627 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 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS PROVIDED FOR IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. 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, 2012 THROUGH 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 9,966. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,470,466. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 9,966. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,470,466. 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 82226 57846 24380 35356 82226 57846 24380 35356 35356 -10976 1 FINANCIAL AID GRANTS AND SCHOLARSHIPS 112 3470466 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 190754 0 0 0 0 0 10100 0 13598 0 214452 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 PETER RACKLIFFE INDIVIDUAL WAS FORMER CFO OF GOULD ACADEMY 12000 RENTAL OF HOUSE USED FOR SCHOOL STAFF 0 MARK GODOMSKY INDIVIDUAL IS SKI PROGRAM DIRECTOR 9600 RENTAL OF HOUSE USED FOR SCHOOL STAFF 0 X 5 64740 FAIR MARKET VALUE X AUCTION ITEMS 44 25390 COMPARABLE SALES X BIOSAFETY CABINET 1 10260 COMPARABLE SALES X SCIENCE DEPARTMENT SUPPLIES 6 9150 COMPARABLE SALES X (3) CHAIRS 2 1050 COMPARABLE SALES 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 XI, LINE 9: ROUNDING -1. FORM 990, PART XII, LINE 2C: NO CHANGE IN THE SCHOOL'S PROCEDURES. PROCESS IS HANDLED BY THE AUDIT COMMITTEE.