2015-02-02T08:28:14-06:00 2014-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2013-07-01 010211536 North Yarmouth Academy NORT 2078462380 148 Main Street Yarmouth ME 04096 Diana Garcia Treasurer 2078462380 2015-01-12 1 Barbara J McGuan CPA P00219457 2077752387 2015-01-12 2013 2016-03-07 17:11:31Z John Drisko 148 Main Street Yarmouth ME 04096 9906844 0 X www.nya.org X 1814 ME Education of grades K through 12 22 22 160 76 73424 -86081 699903 687351 7518973 8855694 125781 202207 -89352 -96696 8255305 9648556 2253296 2581444 0 0 3964792 4538379 0 0 293071 2390119 2810525 8608207 9930348 -352902 -281792 17526978 17672539 4806706 4896869 12720272 12775670 X North Yarmouth Academy is an independent, college preparatory, coeducational day school serving students in kindergarten through grade twelve. The school offers a structured program that sets clear standards and high expectations in an environment that emphasizes values of mutual respect, trust and community. North Yarmouth Academy is dedicated to fostering integrity, character and intellect in young adults. 0 0 8178980 2581444 8855694 The Academy operates a private day school in Yarmouth, Maine with 330 students from kindergarten through twelfth grade.The North Yarmouth Academy program encourages students to develop:1. Problem-solving skills based on sound analytical and creative thought2. Sophistication in writing, speaking and artistic expression3. Appreciation for the importance of athletic activity, teamwork and cooperation4. Self-confidence and self-respect through a breadth of experiences that extend beyond the classroom5. Concern for the larger community and an appreciation for the natural environment6. Desire to continue the process of lifelong learning 8178980 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 61 0 1 160 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X Bill Clark 2078475426 148 Main Street Yarmouth ME 04096 Allen Bornheimer Vice President 1.00 X X 0 0 0 Margaret Fast Trustee 1.00 X 0 0 0 Jay Flower Vice President 1.00 X X 0 0 0 Diana Garcia Treasurer 1.00 X X 0 0 0 Richard Abbondanza Trustee 1.00 X 0 0 0 John Carpenter Trustee 1.00 X 0 0 0 David Champoux Trustee 1.00 X 0 0 0 Lynn Noyes Trustee 1.00 X 0 0 0 Linc Merrill Trustee 1.00 X 0 0 0 Ted Sharp Trustee 1.00 X 0 0 0 Jean Wilkinson Trustee 1.00 X 0 0 0 Michael Rayder Trustee 1.00 X 0 0 0 Dan O'Halloran Trustee 1.00 X 0 0 0 Steve Bachelder President 1.00 X X 0 0 0 Susan Burns Secretary 1.00 X X 0 0 0 David Williams Trustee 1.00 X 0 0 0 Alison Prawer Trustee 1.00 X 0 0 0 Lee Mallett Trustee 1.00 X 0 0 0 Steve Malcom Trustee 1.00 X 0 0 0 Warren Miskell Trustee 1.00 X 0 0 0 Scott Steinberg Trustee 1.00 X 0 0 0 Eric Schaeffer Trustee 1.00 X 0 0 0 John T Drisko Assistant Head of School 50.00 X 116667 0 16713 Brad Choyt Head of School 50.00 X 176201 0 23827 Bill Clark CFO 50.00 X 75367 0 0 368235 0 40540 2 0 1 0 Weatherize Northeast 74 Franklin Street Lewiston ME 04240 Construction 369499 Architectural Doors and Windows 865 Spring Street Westbrook ME 04092 Window replacement 115000 2 687351 51541 687351 Tuition & Fees 611710 7972029 7972029 Arena Income 531120 366125 292701 73424 Auxiliary Income 611710 254971 254971 Summer Revenue 611710 145117 145117 Other Program Revenue 611710 117452 117452 8855694 202207 202207 99345 236097 -136752 -136752 -136752 62247 22191 40056 40056 9648556 8782270 73424 105511 2581444 2581444 408775 408775 3221720 2855664 223137 142919 656221 563353 75046 17822 251663 199367 41966 10330 24126 3469 17358 3299 32729 6491 24598 1640 17407 17407 43036 23424 19534 78 96415 22568 73287 560 511521 362979 117516 31026 462884 398487 64397 88020 84866 2166 988 4331 1950 1390 991 153664 122931 30733 674647 539718 134929 57500 56878 622 Miscellaneous Expense 280642 102125 101841 76676 Education Expense 263520 245257 12175 6088 Capital Expenditures 67416 64887 2497 32 Bad Debt Expense 32667 0 32667 0 9930348 8178980 1458297 293071 325 325 911147 627256 619214 580456 47627 29605 59273 53149 21640521 9293296 12230319 12347225 3389662 3751867 33486 25347 235925 257309 17526978 17672539 412606 564503 851739 662882 1620513 1535366 45000 1868408 2126028 8440 8090 4806706 4896869 X 9176283 8999787 1525537 1755079 2018452 2020804 12720272 12775670 17526978 17672539 X -281792 315807 21383 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3389662 2352 500607 140754 3751867 3256991 74148 434795 376272 3389662 3552444 17867 -138485 174835 3256991 3061359 35757 619465 164137 3552444 2688628 180958 360873 169100 3061359 0.27610 0.53860 0.18530 0 0 199964 199964 16645062 5793461 10851601 2771292 2327455 443837 2024203 1172380 851823 12347225 Security Deposits 8090 8090 7562196 315807 196684 512491 7049705 17407 2581444 2598851 9648556 7506798 175301 175301 7331497 17407 2581444 2598851 9930348 Part V, Line 4: Intended uses of endowment funds include capital improvements, scholarships, faculty enrichment, diversity, and other various mission-related purposes. Part XI, Line 2d - Other Adjustments: Rental Expense 153,110. Fundraising Expense 22,191. Change in Value of Deferred Gifts 21,383. Part XI, Line 4b - Other Adjustments: Financial Aid 2,581,444. Part XII, Line 2d - Other Adjustments: Rental Expense 153,110. Fundraising Expense 22,191. Part XII, Line 4b - Other Adjustments: Financial Aid 2,581,444. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The racially nondiscriminatory policy is printed in all advertising and promotional materials. Auction 62247 62247 10000 3263 8928 62247 62247 10000 3263 8928 22191 40056 1 Financial Aid 140 0 2581444 FMV Tuition Discount Part I, Line 2: All financial aid is credited directly to the students account balances. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Brad Choyt Head of School 176032 0 0 0 169 0 0 0 23827 0 200028 0 0 0 Part I, Line 1a The housing allowance is part of the employment contract. A Town of Yarmouth 016000459 2003-01-06 2305000 Refinance land and building purchase 0 0 0 A 769634 2305000 9047 2295953 2004 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 X 7 51541 Publicly Disclosed Value 0 0 0 Form 990, Part VI, Section B, line 11 A draft Form 990 is reviewed by the school's CFO to assure a proper reconciliation between the audited financials and the 990 format. Once the draft is approved by the CFO, the CFO then reviews it with the Board Treasurer who subsequently signs the return after the review process is complete. The reviewed 990 draft will be made available to the full board prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest form is distributed annually to all board members. Board members are asked to complete the form and submit it to the Organization on an annual basis. The board members are also asked at the beginning of each meeting if they have any conflicts of interest. Form 990, Part VI, Section B, line 15 The Headmaster's compensation is determined by a compensation review committee (made up of the board's officers). They use comparative data supplied by NAIS, ISANNE and Carney Sandoe. No raises were given in 2013/2014 and therefore review was not done for other employees. Form 990, Part VI, Section C, line 19 North Yarmouth Academy makes its governing documents, conflict of interest policy and financial statements available to the public upon appropriate request. Form 990, Part XI, line 9: Change in Value of Deferred Gifts 21,383.