MEADOWBROOK SCHOOL OF WESTON INCORPORATED: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MEADOWBROOK SCHOOL OF WESTON INCORPORATED (EIN 04-2104720)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-14
- IRS object ID
- 201521349349305637
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-14T14:20:12-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021293742 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104720 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEADOWBROOK SCHOOL OF WESTON INCORPORATED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEAD | BusinessNameControlTxt |
| Phone | 7818941193 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 024932493 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MCGLADREY LLP | PersonNm |
| Person Title | HEADMASTER | PersonTitleTxt |
| Phone | 7818941193 | PhoneNum |
| Signature | 2015-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNNE JOHNSON | PreparerPersonNm |
| PTIN | P00757336 | PTIN |
| Phone | 6179129000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN T HINDS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 024932493 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,936,331 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MEADOWBROOK-MA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1923 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN GRADES JUNIOR KINDERGARTEN THROUGH EIGHT. MEADOWBROOK INSPIRES CHILDREN TO LIVE WITH PURPOSE, LEARN WITH PASSION AND LEAD BY PRACTICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 225 | TotalEmployeeCnt |
| Total Volunteers | 120 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,361,357 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,412,679 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,319,733 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,575,472 | CYProgramServiceRevenueAmt |
| PY Investment Income | $504,340 | PYInvestmentIncomeAmt |
| CY Investment Income | $666,739 | CYInvestmentIncomeAmt |
| PY Other Revenue | $221,348 | PYOtherRevenueAmt |
| CY Other Revenue | $221,581 | CYOtherRevenueAmt |
| PY Total Revenue | $13,406,778 | PYTotalRevenueAmt |
| CY Total Revenue | $13,876,471 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $996,248 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $988,379 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,334,064 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,014,196 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $19,483 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $701,235 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,061,547 | PYOtherExpensesAmt |
| CY Other Expenses | $5,550,817 | CYOtherExpensesAmt |
| PY Total Expenses | $13,391,859 | PYTotalExpensesAmt |
| CY Total Expenses | $14,572,875 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $14,919 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$696,404 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $56,071,010 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,694,673 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $11,047,442 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,488,850 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $45,023,568 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $47,205,823 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MEADOWBROOK KNOWS, LOVES, AND CHALLENGES EVERY CHILD. TOGETHER, AS A DIVERSE COMMUNITY WITH HIGH ACADEMIC, ETHICAL AND SOCIAL STANDARDS, WE NURTURE CHARACTER, PROMOTE CONFIDENCE, INSPIRE CREATIVITY AND FOSTER CRITICAL THINKING SKILLS AS WE GUIDE EACH CHILD'S JOURNEY IN THE PURSUIT OF EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,007,224 | ExpenseAmt |
| Grant | $841,683 | GrantAmt |
| Revenue | $8,756,013 | RevenueAmt |
| Desc | TUITION - PROVIDE A HIGH QUALITY, BROAD BASED, INNOVATIVE, ACCREDITED EDUCATION TO 304 ENROLLED STUDENTS RANGING OVER 10 CLASSES FROM JUNIOR KINDERGARTEN THROUGH GRADE 8, WHILE MAINTAINING HIGH ACADEMIC, ETHICAL AND SOCIAL STANDARDS, AN INTENTIONALLY SMALL LEARNING ENVIRONMENT AND A NURTURING EXPERIENCE FOR EACH STUDENT. THE ENTIRE CLASS OF 32 EIGHTH GRADERS GRADUATED IN JUNE 2014, GARNERING A VARIETY OF NATIONAL AWARDS IN MATH AND LANGUAGES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $965,081 | ExpenseAmt |
| Revenue | $1,371,794 | RevenueAmt |
| Desc | SUMMER CAMP - TWO SUMMER CAMPS PROVIDE ACADEMIC AND RECREATIONAL SUMMER PROGRAMS OF UP TO 8 WEEKS' DURATION TO A TOTAL OF 576 CHILDREN RANGING FROM THOSE ENTERING KINDERGARTEN THROUGH GRADE 8. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $647,048 | ExpenseAmt |
| Grant | $146,696 | GrantAmt |
| Revenue | $447,666 | RevenueAmt |
| Desc | SPECIAL INSTRUCTIONAL, SUPPLEMENTARY AND SCREENING PROGRAMS SUCH AS FIELD TRIPS, AFTER SCHOOL ACTIVITIES, LEARNING LAB AND TESTING THAT SERVE TO ENHANCE, EXTEND AND PERSONALIZE THE CORE CURRICULAR OFFERINGS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $9,619,353 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 67 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 225 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN AUSTIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7818932536 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 02493 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| AI-LI LIM | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA M BRAMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BALA CUMARESAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER M AUSTEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID E GOEL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID V CAPPILO | |||||||
| SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DEWEY J AWAD | |||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GEOFFREY T BERNSTEIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY C HADDEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER A SEEMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN H TYLER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R PORTER III | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATE ELLIS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KENT R WELDON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN T CALLAGHAN | |||||||
| VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KIMBERLY STANFIELD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY HAMELSKY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA LEBOVITZ | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN D HALE JR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MEREDITH MCPHERRON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL BROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL DENNING | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA M EDGERLEY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SANGITA THAKORE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN LITTLEFIELD | |||||||
| VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| THOMAS H GRAPE | |||||||
| PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| WILLIAM A DANOFF | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JP FINE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| FREDERICK HOFF | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| YUCHON LEE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MEG SMITH | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN AUSTIN | |||||||
| DIRECTOR OF FINANCE AND OP | 40.00 | $156,596 | $0 | $29,022 | Yes (X) | ||
| STEPHEN T HINDS | |||||||
| HEADMASTER | 40.00 | $466,359 | $0 | $104,873 | Yes (X) | ||
| BARBARA VINCENT | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $136,881 | $0 | $18,603 | Yes (X) | ||
| JANICE THOMPSON | |||||||
| DIRECTOR OF ADVANCEMENT | 40.00 | $166,509 | $0 | $18,447 | Yes (X) | ||
| BRENDAN LARGAY | |||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | $108,303 | $0 | $7,420 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,034,648 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $178,365 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARTWELLS (COMPASS GROUP USA) | |||||
| PO BOX 417632 | BOSTON | MA | 022417632 | FOOD SERVICE | $550,204 |
| CVM INC | |||||
| 780 E MAIN STREET | BRANFORD | CT | 06405 | IT SERVICES | $137,933 |
| LOCAL MOTION INC | |||||
| 66B ROCSAM PARK ROAD | BRAINTREE | MA | 02184 | STUDENT TRANSPORTATION | $129,399 |
| CHILL EXPEDITIONS LLC | |||||
| 124 SIBLEY AVENUE 2ND FLR | ARDMORE | PA | 19003 | TRAVEL SERVICES | $124,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,850 | FundraisingAmt |
| All Other Contributions | $2,410,829 | AllOtherContributionsAmt |
| Noncash Contributions | $129,104 | NoncashContributionsAmt |
| Total Contributions | $2,412,679 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $8,743,183 | $8,743,183 |
| DAY CAMP | 611710 | $1,371,794 | $1,371,794 |
| OTHER PROGRAMS | 611600 | $460,495 | $460,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,575,472 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $662,239 | TotalRevenueColumnAmt |
| Exclusion | $662,239 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $102,969 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,548 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $83,421 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,421 | TotalRevenueColumnAmt |
| Exclusion | $83,421 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $4,500 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $4,500 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,500 | TotalRevenueColumnAmt |
| Exclusion | $4,500 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $156,610 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,850 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $40,312 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $116,298 | TotalRevenueColumnAmt |
| Exclusion | $116,298 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $21,862 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,862 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $21,862 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,876,471 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,597,334 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $866,458 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,379 | TotalAmt |
| Program Services | $988,379 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $755,120 | TotalAmt |
| Program Services | $106,920 | ProgramServicesAmt |
| Management And General | $481,150 | ManagementAndGeneralAmt |
| Fundraising | $167,050 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,132 | TotalAmt |
| Program Services | $84,132 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,457,276 | TotalAmt |
| Program Services | $3,868,829 | ProgramServicesAmt |
| Management And General | $1,346,060 | ManagementAndGeneralAmt |
| Fundraising | $242,387 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,437 | TotalAmt |
| Program Services | $229,823 | ProgramServicesAmt |
| Management And General | $103,436 | ManagementAndGeneralAmt |
| Fundraising | $23,178 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,752 | TotalAmt |
| Program Services | $598,197 | ProgramServicesAmt |
| Management And General | $269,227 | ManagementAndGeneralAmt |
| Fundraising | $60,328 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $433,479 | TotalAmt |
| Program Services | $279,499 | ProgramServicesAmt |
| Management And General | $125,793 | ManagementAndGeneralAmt |
| Fundraising | $28,187 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,540 | TotalAmt |
| Management And General | $42,540 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,269 | TotalAmt |
| Management And General | $79,269 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,483 | TotalAmt |
| Fundraising | $19,483 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,446 | TotalAmt |
| Management And General | $62,446 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $770,999 | TotalAmt |
| Program Services | $530,151 | ProgramServicesAmt |
| Management And General | $240,848 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,409 | TotalAmt |
| Program Services | $49,291 | ProgramServicesAmt |
| Management And General | $30,925 | ManagementAndGeneralAmt |
| Fundraising | $39,193 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $922,141 | TotalAmt |
| Program Services | $647,736 | ProgramServicesAmt |
| Management And General | $177,607 | ManagementAndGeneralAmt |
| Fundraising | $96,798 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,741 | TotalAmt |
| Program Services | $101,056 | ProgramServicesAmt |
| Management And General | $33,685 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $702,718 | TotalAmt |
| Management And General | $702,718 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,805 | TotalAmt |
| Management And General | $5,805 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,342 | TotalAmt |
| Management And General | $143,342 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,231,570 | TotalAmt |
| Program Services | $1,046,835 | ProgramServicesAmt |
| Management And General | $160,104 | ManagementAndGeneralAmt |
| Fundraising | $24,631 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,149 | TotalAmt |
| Management And General | $80,149 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DAY CAMP | $965,080 | $965,080 | |
| CONTINGENCY EARN OUT PA | $167,183 | $167,183 | |
| TRANSPORTATION | $85,699 | $85,699 | |
| AMORTIZATION EXPENSE | $37,726 | $37,726 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,572,875 | TotalAmt |
| Program Services | $9,619,353 | ProgramServicesAmt |
| Management And General | $4,252,287 | ManagementAndGeneralAmt |
| Fundraising | $701,235 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,564,333 | BOYAmt |
| EOY | $6,359,724 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $805,336 | BOYAmt |
| EOY | $739,877 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,960 | BOYAmt |
| EOY | $75,250 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,053 | BOYAmt |
| EOY | $125,982 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,786 | BOYAmt |
| EOY | $19,868 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $620,935 | BOYAmt |
| EOY | $687,971 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,845,459 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,494,689 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,318,536 | BOYAmt |
| EOY | $25,350,770 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,258,777 | BOYAmt |
| EOY | $22,264,575 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,099,912 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,382 | BOYAmt |
| EOY | $70,656 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,071,010 | BOYAmt |
| EOY | $55,694,673 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,347,811 | BOYAmt |
| EOY | $1,507,408 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,099,631 | BOYAmt |
| EOY | $5,481,442 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,075,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,047,442 | BOYAmt |
| EOY | $8,488,850 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,285,162 | BOYAmt |
| EOY | $31,667,577 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,845,512 | BOYAmt |
| EOY | $5,195,253 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,892,894 | BOYAmt |
| EOY | $10,342,993 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,023,568 | BOYAmt |
| EOY | $47,205,823 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,071,010 | BOYAmt |
| EOY | $55,694,673 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$696,404 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,879,659 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL HISTORICALLY HAS USED THE GREATER THAN $5,000 OR 2% RULE IN REPORTING CONTRIBUTORS IN COMPLIANCE WITH THE SCHEDULE B INSTRUCTIONS; THEREFORE, DUE TO THE BROADLY SUPPORTED NATURE OF THE ORGANIZATION AND IT IS DEEMED TO MEET THE PUBLIC SUPPORT TEST UNDER CURRENT GUIDANCE, CONTRIBUTORS OVER THE 2% RULE FOR SECTION 509(A)(1) BROADLY SUPPORTED ORGANIZATIONS ARE REPORTED. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Total Lobbying Expenditures | $0 | TotalLobbyingExpendituresAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAYS MEMBERSHIP DUES TO THE MASSACHUSETTS ASSOCIATION OF NON-PROFIT SCHOOLS AND COLLEGES WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. AS SUCH, NO DETERMINATIVE AMOUNT IS LISTED IN THIS SCHEDULE. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,539,768 | BeginningYearBalanceAmt |
| Contributions | $450,099 | ContributionsAmt |
| Investment Earnings Or Losses | $3,478,834 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$3,503,823 | OtherExpendituresAmt |
| End Year Balance | $19,964,878 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,109,899 | BeginningYearBalanceAmt |
| Contributions | $119,423 | ContributionsAmt |
| Investment Earnings Or Losses | $2,005,483 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $695,037 | OtherExpendituresAmt |
| End Year Balance | $19,539,768 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,972,960 | BeginningYearBalanceAmt |
| Contributions | $4,375,800 | ContributionsAmt |
| Investment Earnings Or Losses | -$555,233 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $683,628 | OtherExpendituresAmt |
| End Year Balance | $18,109,899 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,308,262 | BeginningYearBalanceAmt |
| Contributions | $50,350 | ContributionsAmt |
| Investment Earnings Or Losses | $2,164,349 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,550,001 | OtherExpendituresAmt |
| End Year Balance | $14,972,960 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,542,884 | BeginningYearBalanceAmt |
| Contributions | $2,699,464 | ContributionsAmt |
| Investment Earnings Or Losses | $1,616,151 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $550,237 | OtherExpendituresAmt |
| End Year Balance | $15,308,262 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30990 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51810 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.17200 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,729,871 | OtherCostOrOtherBasisAmt |
| Book Value | $4,729,871 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,977,184 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,139,200 | DepreciationAmt |
| Book Value | $19,837,984 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,662,508 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,060,980 | DepreciationAmt |
| Book Value | $601,528 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $475,896 | OtherCostOrOtherBasisAmt |
| Depreciation | $294,509 | DepreciationAmt |
| Book Value | $181,387 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,350,770 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,511,283 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,879,659 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,304,707 | OtherRevenueAmt |
| Revenue Not Reported | $1,574,952 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,936,331 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$59,860 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$59,860 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,876,471 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $13,329,028 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $59,860 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $59,860 | ExpensesNotReportedAmt |
| Expenses Subtotal | $13,269,168 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $62,446 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,241,261 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,303,707 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,572,875 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PRIMARY OBJECTIVE OF THE ENDOWMENT IS TO PROVIDE A REASONABLY STABLE AND PREDICTABLE STREAM OF EARNINGS TO SUPPORT THE OPERATIONS OF THE SCHOOL, AND TO PRESERVE AND ENHANCE OVER TIME THE REAL (INFLATION ADJUSTED) VALUE OF THE ENDOWMENT ASSETS. |
| PART X, LINE 2: | THE SCHOOL RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2014. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR FISCAL YEARS BEFORE 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | TUITION AND TRANSPORTATION ASSISTANCE NETTED WITH REVENUE ON AUDITED FS -1,074,078. CONTINGENCY EARN OUT PAYMENT -167,183. LOSS FROM CONTRIBUTION RECEIVABLE ACTIVITY -1,000. INVESTMENT FEES NETTED WITH REVENUE -62,446. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL FUNDRAISING EVENTS EXP. REPORTED ON FORM 990, PART VIII, LINE 8B -40,312. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -19,548. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 19,548. SPECIAL FUNDRAISING EVENTS EXP. REPORTED ON FORM 990, PART VIII, LINE 8B 40,312. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION AND TRANSPORTATION ASSISTANCE NETTED WITH REVENUE ON AUDITED FS 1,074,078. CONTINGENCY EARN OUT PAYMENT 167,183. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL HAS A LONG STANDING POLICY OF NON-DISCRIMINATORY ADMISSION OF STUDENTS. THEY PARTICIPATE WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND IN PUBLISHING THIS POLICY IN THE BOSTON GLOBE ON DECEMBER 1, 2013. THE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN AND QUALIFIED HANDICAPPED STUDENTS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Type Of Activities Conducted | INVESTMENT | TypeOfActivitiesConductedTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WASHBURN & MCGOLDRICK INC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 950 NEW LOUDON RD SUITE 210 | AddressLine1 |
| City | LATHAM | City |
| State | NY | State |
| ZIP Code | 12110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTANT | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $19,483 | RetainedByContractorAmt |
| Net To Organization | -$19,483 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $19,483 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$19,483 | TotalNetToOrganizationAmt |
| Licensed States | MA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1Amt |
| Gross Receipts Event1 | $147,800 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,850 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $145,950 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $32,186 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $147,800 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,850 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $145,950 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $32,186 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $32,186 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $113,764 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|
| TUITION | 40 | $841,682 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDAUL'S ACCOUNT | |
| AFTER SCHOOL | 23 | $63,806 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDAUL'S ACCOUNT | |
| FIELD TRIPS | 23 | $14,714 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT | |
| LEARNING LAB | 11 | $48,464 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT | |
| TESTING | 8 | $206 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT | $5,563 |
| TECHNOLOGY | 12 | $8,913 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT | $342 |
| OTHER (BOOKS, INTERNET, ETC.) | 40 | $4,689 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL ASSISTANCE IS ISSUED IN THE FORM OF CREDITS APPLIED TO THE INDIVIDUAL'S ACCOUNT TO OFFSET CHARGES INCURRED FOR TUITION FEES, AFTER SCHOOL PROGRAMS, LEARNING LAB AND TESTING FEES, FIELD TRIP FEES, FEES RELATED TO OUR LAPTOP PROGRAM, AND OTHER MISCELLANEOUS CHARGES THAT MAY BE INCURRED IN THE COURSE OF BEING A STUDENT AT THE SCHOOL. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN AUSTIN | ||||||||||||||
| DIRECTOR OF FINANCE AND OP | $150,914 | $0 | $0 | $0 | $5,682 | $0 | $7,836 | $0 | $21,186 | $0 | $185,618 | $0 | $0 | $0 |
| STEPHEN T HINDS | ||||||||||||||
| HEADMASTER | $236,575 | $0 | $0 | $0 | $229,784 | $0 | $83,528 | $0 | $21,345 | $0 | $571,232 | $0 | $162,500 | $0 |
| BARBARA VINCENT | ||||||||||||||
| ASSISTANT HEAD OF SCHOOL | $131,351 | $0 | $0 | $0 | $5,530 | $0 | $9,324 | $0 | $9,279 | $0 | $155,484 | $0 | $0 | $0 |
| JANICE THOMPSON | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | $161,761 | $0 | $0 | $0 | $4,748 | $0 | $11,472 | $0 | $6,975 | $0 | $184,956 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANION IS DUE TO THE COMPANION'S POSITION AT THE SCHOOL AND NOT FOR TRAVEL WITH HEADMASTER. THIS AMOUNT IS NOT TAXABLE TO THE HEADMASTER OR THE COMPANION. TAX GROSS-UP PAYMENTS WERE PROVIDED TO THE HEADMASTER IN THE AMOUNT OF $22,000. IT IS TAXABLE AND REPORTED IN PART II, COLUMN (B)(III). |
| PART I, LINE 4B | THE SCHOOL HAS A DEFERRED COMPENSATION ARRANGEMENT WITH ITS HEADMASTER. THE PLAN REQUIRES THE HEADMASTER TO BE PAID $162,500 IF THE EMPLOYEE LEAVES ON OR AFTER JANUARY 1, 2013 AND $325,000 ON OR AFTER JUNE 30, 2015. THE SCHOOL RECORDS THE EXPENSE IN THE YEAR IN WHICH IT IS EARNED. AS OF 6/30/14, THE PLAN IS FUNDED, AND DEFERRED COMPENSATION OF $65,000 IS INCLUDED IN PART II, COLUMN C. THE $177,840 REPORTED IN THE HEADMASTER'S 2013 FORM W-2 AND IN PART II, COLUMN B(III) REPRESENTS THE FAIR MARKET VALUE AT DECEMBER 31, 2013 OF THE $162,500 IN CONTRIBUTIONS THAT BECAME VESTED DURING 2013. THE SCHOOL ENTERED INTO A NEW DEFERRED COMPENSATION AGREEMENT ON APRIL 25, 2014 WITH THE HEADMASTER EFFECTIVE JULY 1, 2015 THROUGH JUNE 30, 2017 WHICH WILL BECOME EFFECTIVE AT THE TERMINATION OF THE EXISTING PLAN. THE NEW PLAN WILL ENTITLE THE INDIVIDUAL TO RECEIVE $455,000 AS DEFERRED COMPENSATION IF THE EMPLOYEE IS TERMINATED OR RETIRES AFTER JUNE 30, 2017. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JERE HINDS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF STEPHEN T. HINDS, HEADMASTER | RelationshipDescriptionTxt |
| Transaction | $84,617 | TransactionAmt |
| Transaction | JERE HINDS IS EMPLOYED BY THE ORGANIZATION. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $105,552 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | DINNER RECEPT | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $23,552 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION IS REPORTING THE NUMBER OF STOCK GIFTS RECEIVED AND THE NUMBER OF CONTRIBUTIONS FOR THE OTHER CONTRIBUTIONS. |
| PART I, LINE 32B: | STOCK DONATIONS ARE RECEIVED THROUGH AN ACCOUNT AT UBS. THE STOCK IS CASHED BY UBS UPON DIRECTION OF THE DIRECTOR OF FINANCE AND OPERATIONS, JOHN AUSTIN. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BUSINESS OFFICE RECEIVES FROM ITS INDEPENDENT ACCOUNTING FIRM AN ANNUAL QUESTIONNAIRE SOLICITING INFORMATION FOR THE PREPARATION OF FORM 990. THE QUESTIONNAIRE IS COMPLETED BY THE CONTROLLER AND RETURNED TO THE ACCOUNTING FIRM, WHICH PREPARES A DRAFT. THE SCHOOL'S DIRECTOR OF FINANCE AND OPERATIONS, BOARD TREASURER, PRESIDENT, AND CHAIRS OF THE FINANCE AND AUDIT COMMITTEES REVIEW THE DRAFT FOR ACCURACY, MAKING ANY NECESSARY ADJUSTMENTS. WHEN ALL REVISIONS HAVE BEEN INCORPORATED, A PUBLIC DISCLOSURE COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD AND THE COMPLETE FORM 990 IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THE SCHOOL IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED BY THE SIGNATORY TO THE FULL BOARD ANNUALLY, WITH UPDATES IN THE EVENT OF CHANGED CIRCUMSTANCES. THE HEAD OF SCHOOL, PRESIDENT OF THE BOARD AND CHAIRPERSON OF THE COMMITTEE ON TRUSTEES ARE INDIVIDUALLY AND JOINTLY CHARGED WITH ADMINISTERING THE POLICY. ANY TRUSTEE HAVING A PERSONAL INTEREST IN A GIVEN TRANSACTION OR OTHER RELATIONSHIP SHALL NOT PARTICIPATE IN THE DISCUSSION OF THAT TRANSACTION OR RELATIONSHIP, EXCEPT TO RESPOND TO QUESTIONS FROM OR PROVIDE INFORMATION REQUESTED BY THE TRUSTEES, SHALL SPECIFICALLY ABSTAIN FROM VOTING ON THE TRANSACTION OR RELATIONSHIP, AND SHALL NOT BE COUNTED TOWARD A QUORUM FOR PURPOSES OF THE VOTE. |
| FORM 990, PART VI, SECTION B, LINE 15 | ON AN ANNUAL BASIS, EVERY EMPLOYEE PREPARES GOALS WHICH ARE USED TO EVALUATE INDIVIDUAL PERFORMANCE. TEACHING FACULTY ARE SUBJECT TO SALARIED COMPENSATION BASED ON AN OBJECTIVE "STEP" SCALE (I.E. SALARY IS DETERMINED BY YEARS OF SERVICE). STAFF ARE ALSO SALARIED AND RECEIVE A STANDARD ANNUAL INCREASE TO ADJUST FOR INFLATION. THE HEADMASTER'S PERFORMANCE AND COMPENSATION IS REVIEWED AND DETERMINED BY A SUB-COMMITTEE OF THE BOARD AND SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THE ANNUAL COMPENSATION PROCESS INVOLVES ATTENTION TO AND AVOIDANCE OF CONFLICTS OF INTEREST, USE OF COMPARABILITY DATA GATHERED AND CONTEMPORANEOUS DOCUMENTATION OF THE MEETINGS, DELIBERATIONS AND DECISIONS. THERE IS NO FORMAL INCENTIVE-BASED COMPENSATION POLICY THROUGHOUT THE ENTITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS ANNUAL, REPORT, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 CAN ALSO BE ACCESSED VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | LOSS FROM CONTRIBUTION RECEIVABLE -1,000. |
Comments