2015-05-11T11:29:08-05:00 2014-06-30 042943536 Tonneson & Company Inc 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2013-07-01 237068067 LITTLE PEOPLE'S SCHOOL INC LITT 6179650764 1507 WASHINGTON STREET WEST NEWTON MA 02465 DAVID MORRISSETTE Chief Financial Officer 6179650764 2015-05-07 1 Cynthia P Almquist P01309212 7812459999 2015-05-07 2013 2016-03-07 17:11:31Z David Morrissette 1507 Washington Street West Newton MA 02465 11979518 0 X LearningPrep.org X 1970 MA Learning Prep School is an innovative educational and therapeutic school for students with language and learning challenges. Understanding that language skills are the basis for all learning, LPS's unique curriculum integrates the teaching of language skills in all subjects. 9 9 175 15 0 0 372278 284979 10850260 11667034 941 1328 4535 16239 11228014 11969580 0 0 0 0 8435345 9264975 0 0 111277 2133988 1836656 10569333 11101631 658681 867949 2425988 2877865 3033438 2617366 -607450 260499 X Learning Prep School is an innovative educational and therapeutic school for students with language and learning challenges. Understanding that language skills are the basis for all learning, LPS's unique curriculum integrates the teaching of language skills in all subjects. 0 0 9624403 0 11667034 The School provides educational services to special needs students with language and learning disabilities. Enrollment is comprised of approximately 275 students from approximately 100 Massachusetts communities. 9624403 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 175 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X DAVID MORRISSETTE 6179650764 1507 WASHINGTON STREET West Newton MA 02465 Donald Freedman Director 8.00 X 0 0 0 Jane Wolfson Secretary, Director 5.00 X 0 0 0 Charlie Breslin Director 5.00 X 0 0 0 Karen Kames Director 5.00 X 0 0 0 Jean Raymond Chair of the Board 8.00 X 0 0 0 Jeffrey Pickar Director 5.00 X 0 0 0 Marcia Robinson Director 5.00 X 0 0 0 Mark Farrell Director 5.00 X 0 0 0 Faith Segal Director 5.00 X 0 0 0 Joan Foster COO 40.00 X 94956 0 8515 David Morrissette CFO, Treasurer 40.00 X 68062 0 3482 Cynthia Manning Co-Interim Exec. Director-Partial Yr. 40.00 X 74777 0 14279 Amy Davis Co-Interim Exec. Director-Partial Yr. 40.00 X 64958 0 1612 Cynthia DeAngelis Former Exec. Director-Partial Year 40.00 X 155769 0 6278 458522 0 34166 1 1 1 0 Krokidas & Bluestein LLP 600 Atlantic Avenue Boston MA 02210 Legal Services 135918 1 10373 274606 284979 EDUCATIONAL SERVICES 611110 11586444 11586444 80590 80590 11667034 1328 1328 26177 9938 16239 16239 11969580 11667034 0 17567 290032 290032 7142022 6655737 395751 90534 1136517 1043233 90496 2788 696404 612987 75690 7727 44239 44239 120304 120304 34700 34700 188943 188943 663259 586819 76440 25837 25837 92 92 165917 165917 36403 31563 4840 Supplies 208902 208902 Repairs and Maintenance 188553 188553 Food and Meals 42494 42494 Other Non-reimbursable 31239 31239 85774 62361 13185 10228 11101631 9624403 1365951 111277 1248156 1415440 515569 809116 303946 428963 22329 17549 2295267 2088470 335988 206797 2425988 2877865 473533 153717 2559905 2463649 3033438 2617366 X -617450 255938 10000 4561 -607450 260499 2425988 2877865 867949 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 918176 711379 206797 1326281 1326281 0 50810 50810 0 206797 Accrued payroll 949929 Accrued taxes 91564 Other accrued expenses 350432 Deferred income 298885 Accrued accounting fees 29369 Accrued health insurance benefit 36734 Due to Commonwealth of MA 706736 2463649 X 11979518 9938 9938 11969580 0 11969580 11111569 9938 9938 11101631 0 11101631 Part X, Line 2: In determining the recognition of uncertain tax positions, the School applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of June 30, 2014, the School has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Fundraising expenses 9,938. Part XII, Line 2d - Other Adjustments: Fundraising expenses 9,938. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The School's racial nondiscriminatory policy is published in a newspaper. Schedule E, Part I, Line 6 Government assistance includes numerous cities and towns paying the school to educate students from their districts. HHH Event 17717 17717 6326 Meadow Farms 8460 8460 3612 26177 26177 9938 9938 16239 1 1 0 0 0 0 0 0 0 0 Cynthia DeAngelis Former Exec. Director-Partial Year 155769 0 0 0 0 0 0 0 6278 0 162047 0 0 0 Form 990, Part VI, Section B, line 11 The 990 is prepared by the organization's independent auditor and is reviewed by the CFO and Finance Committee, with recommendation to full board for approval. Form 990, Part VI, Section B, line 12c All board members are required to review the conflict of interest policy and sign off on an annual basis. Additionally, the Business Office reviews all business relationships to ensure that there are no conflicts of interest with key employees or trustees. Form 990, Part VI, Section C, line 19 All Financial Documents are available from the Massachussets Operational Services Division (OSD) UFR eFiling System: http://ufr.osd.state.ma.us/ Governing Documents may be obtained by visiting the school during normal visiting hours.