TENACRE COUNTRY DAY SCHOOL CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
TENACRE COUNTRY DAY SCHOOL CORPORATION (EIN 04-2506944)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-01-22
IRS object ID
201540229349300514
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-01-22T11:53:23-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CITY SQUAREAddressLine1
CityBOSTONCity
StateMAState
ZIP Code021293742ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042506944EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TENACRE COUNTRY DAY SCHOOL CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlTENABusinessNameControlTxt
Phone7812352282PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line178 BENVENUE STREETAddressLine1
CityWELLESLEYCity
StateMAState
ZIP Code02482ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMCGLADREY LLPPersonNm
Person TitleDIR OF FINANCE & OPERATIONSPersonTitleTxt
Phone7812352282PhoneNum
Signature2015-01-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYNNE JOHNSONPreparerPersonNm
PTINP00757336PTIN
Phone6179129000PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1TENACRE COUNTRY DAY SCHOOLBusinessNameLine1
FieldValueIRS element (for citing)
Principal OfficerCHRISTIAN B ELLIOTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line178 BENVENUE STREETAddressLine1
CityWELLESLEYCity
StateMAState
ZIP Code02482ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$7,981,017GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TENACRECDS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1972FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTENACRE COUNTRY DAY SCHOOL ("TENACRE") PROVIDES EDUCATIONAL PROGRAMS FOR ELEMENTARY SCHOOL STUDENTS FROM PRE-KINDERGARTEN THROUGH 6TH GRADE. THERE WERE 192 STUDENTS ENROLLED FOR THE 2013-2014 SCHOOL YEAR. TENACRE COUNTRY DAY SCHOOL NURTURES AND CHALLENGES EACH CHILD, EVERY DAY.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee197TotalEmployeeCnt
Total Volunteers160TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$646,953PYContributionsGrantsAmt
CY Contributions Grants$1,226,538CYContributionsGrantsAmt
PY Program Service Revenue$6,122,290PYProgramServiceRevenueAmt
CY Program Service Revenue$6,287,328CYProgramServiceRevenueAmt
PY Investment Income$326,069PYInvestmentIncomeAmt
CY Investment Income$343,408CYInvestmentIncomeAmt
PY Other Revenue$54,466PYOtherRevenueAmt
CY Other Revenue$76,748CYOtherRevenueAmt
PY Total Revenue$7,149,778PYTotalRevenueAmt
CY Total Revenue$7,934,022CYTotalRevenueAmt
PY Grants And Similar Paid$684,443PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$785,380CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,026,872PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,189,864CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$79,798CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$474,482CYTotalFundraisingExpenseAmt
PY Other Expenses$1,821,006PYOtherExpensesAmt
CY Other Expenses$1,972,786CYOtherExpensesAmt
PY Total Expenses$7,532,321PYTotalExpensesAmt
CY Total Expenses$8,027,828CYTotalExpensesAmt
PY Revenues Less Expenses-$382,543PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$93,806CYRevenuesLessExpensesAmt
Total Assets BOY$24,623,777TotalAssetsBOYAmt
Total Assets EOY$27,807,531TotalAssetsEOYAmt
Total Liabilities BOY$2,482,843TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,916,036TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$22,140,934NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$24,891,495NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTENACRE COUNTRY DAY SCHOOL NURTURES AND CHALLENGES EACH CHILD, EVERY DAY. TENACRE COUNTRY DAY SCHOOL, A SMALL, COEDUCATIONAL, INDEPENDENT SCHOOL FOR CHILDREN IN PRE-KINDERGARTEN THROUGH GRADE SIX, IS COMMITTED TO:PROVIDING A THOROUGH ACADEMIC PREPARATION FOR STUDENTS THROUGH A WELL-DEFINED PROGRAM THAT FOSTERS A LOVE OF LEARNING AND THINKING, THE CONFIDENCE TO TAKE RISKS, AND THE COMMITMENT TO EFFORT. ENCOURAGING THE SOCIAL, EMOTIONAL, CREATIVE AND PHYSICAL DEVELOPMENT OF STUDENTS TO NURTURE THE GROWTH OF INDIVIDUAL CHARACTER. PROMOTING A DIVERSE AND INCLUSIVE ENVIRONMENT AND COMMUNITY, WHICH ENGENDERS A RESPECT FOR THE SIMILARITIES AND DIFFERENCES OF ALL PEOPLE. DEVELOPING AN ENVIRONMENTALLY RESPONSIBLE COMMUNITY BY ADOPTING SUSTAINABLE PRACTICES. AS A SCHOOL DEDICATED TO PROVIDING AN ELEMENTARY EDUCATION, TENACRE VALUES THE IMPORTANCE OF TEAM TEACHING, THE STRONG PARTNERSHIP BETWEEN PARENTS AND STAFF, AND THE MEANINGFUL PARTICIPATION OF EACH CHILD IN DAILY (SEE SCH. O LAST PG)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,990,450ExpenseAmt
Grant$744,551GrantAmt
Revenue$5,274,841RevenueAmt
DescTENACRE COUNTRY DAY SCHOOL PROVIDES EDUCATIONAL PROGRAMS FOR ELEMENTARY SCHOOL STUDENTS FROM PRE-KINDERGARTEN THROUGH 6TH GRADE. THERE WERE 192 STUDENTS ENROLLED DURING THE 2013-2014 SCHOOL YEAR.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$717,091ExpenseAmt
Revenue$898,313RevenueAmt
DescTENACRE OPERATES INSTRUCTIONAL SUMMER DAY PROGRAMS FOR ELEMENTARY SCHOOL STUDENTS FROM PRE-KINDERGARTEN THROUGH 6TH GRADE. SUMMER PROGRAMS PROVIDE INSTRUCTION IN ARTS, CRAFTS, MUSIC, SWIMMING, AND OTHER SPORTS AND ACTIVITIES. THERE WERE ABOUT 440 STUDENTS/CHILDREN ENROLLED DURING THE 2013-2014 SCHOOL YEAR.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$94,526ExpenseAmt
Grant$40,829GrantAmt
Revenue$153,016RevenueAmt
DescTENACRE PROVIDES AFTER SCHOOL PROGRAMS FOR ELEMENTARY SCHOOL STUDENTS FROM PRE-KINDERGARTEN THROUGH 6TH GRADE. AFTER SCHOOL PROGRAMS PROVIDE INSTRUCTION AND DEVELOPMENT TO STUDENTS OUTSIDE THE COURSE OF THE TRADITIONAL SCHOOL DAY. THERE WERE APPROXIMATELY 20-25 STUDENTS ENROLLED DAILY DURING THE 2013-2014 SCHOOL YEAR.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$188,306ExpenseAmt
DescTENACRE PROVIDES A FOOD PROGRAM, INCLUDING SNACKS AND LUNCHES, FOR ITS STUDENTS DURING THE SCHOOL YEAR.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$188,306TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$5,990,373TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee197EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROD FLETCHERBusinessNameLine1
FieldValueIRS element (for citing)
Phone7812352282PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line178 BENVENUE STREETAddressLine1
CityWELLESLEYCity
StateMAState
ZIP Code02482ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRISTIAN B ELLIOT
HEAD OF SCHOOL40.00Yes (X)Yes (X)$259,585$0$87,215
C JEFFERY GROGAN
TRUSTEE1.00Yes (X)$0$0$0
CYNTHIA LAWRY
TRUSTEE1.00Yes (X)$0$0$0
DEBORAH PASCULANO
TRUSTEE1.00Yes (X)$0$0$0
ELEANOR FRECHETTE
TRUSTEE1.00Yes (X)$0$0$0
J STUART ABLON PHD
CHAIR OF BOARD OF TRUSTEES1.00Yes (X)Yes (X)$0$0$0
ROGER FORMAN
TRUSTEE1.00Yes (X)$0$0$0
LAURENCE P CHASE
TRUSTEE1.00Yes (X)$0$0$0
MARY H DUNNE
TRUSTEE1.00Yes (X)$0$0$0
STEPHEN B KISTNER
TREASURER1.00Yes (X)Yes (X)$0$0$0
STEVEN PATRICK
TRUSTEE1.00Yes (X)$0$0$0
WARREN CROSS JR
TRUSTEE1.00Yes (X)$0$0$0
WILLIAM G FOLEY
TRUSTEE1.00Yes (X)$0$0$0
JENNIFER CARLSON-PIETRASZEK
TRUSTEE1.00Yes (X)$0$0$0
ELIZABETH CLARKE
TRUSTEE1.00Yes (X)$0$0$0
MARC COSTANTINI
TRUSTEE1.00Yes (X)$0$0$0
GWYNETH LOUD
TRUSTEE1.00Yes (X)$0$0$0
THOMAS P OLVERSON
TRUSTEE1.00Yes (X)$0$0$0
MARTIN LEVIN
TRUSTEE1.00Yes (X)$0$0$0
MAXENCE METAYER
TRUSTEE1.00Yes (X)$0$0$0
MICHELE NORMAN
TRUSTEE1.00Yes (X)$0$0$0
MARK ROBINSON
TRUSTEE1.00Yes (X)$0$0$0
JENNIFER G SKOLER
TRUSTEE1.00Yes (X)$0$0$0
MARIANNE STEVENISH
TRUSTEE1.00Yes (X)$0$0$0
TINA L WANG DMD
TRUSTEE1.00Yes (X)$0$0$0
LOUANNE COLLINS
ASST. HEAD OF SCHOOL40.00Yes (X)$102,238$0$34,603
ROD FLETCHER
DIRECTOR OF FINANCE & OPER32.00Yes (X)$114,960$0$35,913
FieldValueIRS element (for citing)
Total Reportable Comp From Org$476,783TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$157,731TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,645FundraisingAmt
All Other Contributions$1,224,893AllOtherContributionsAmt
Noncash Contributions$69,159NoncashContributionsAmt
Total Contributions$1,226,538TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611600$5,212,045$5,212,045
SUMMER PROGRAMS611710$898,313$898,313
AFTER SCHOOL PROGRAMS611710$153,016$153,016
AUXILIARY ACTIVITIES900099$23,954$23,954
FieldValueIRS element (for citing)
Total Program Service Revenue$6,287,328TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$308,047TotalRevenueColumnAmt
Exclusion$308,047ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$38,226RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$38,226RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,226TotalRevenueColumnAmt
Exclusion$38,226ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$42,820OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$7,459OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$35,361OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,361TotalRevenueColumnAmt
Exclusion$35,361ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$36,550FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,645ContriRptFundraisingEventAmt
Fundraising Direct Expenses$36,550FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$1,075GamingGrossIncomeAmt
Gaming Direct Expenses$1,462GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column-$387TotalRevenueColumnAmt
Exclusion-$387ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,591GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,524CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$67TotalRevenueColumnAmt
Exclusion$67ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$38,842TotalRevenueColumnAmt
Related Or Exempt Func Income$38,842RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$38,842OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,934,022TotalRevenueColumnAmt
Related Or Exempt Func Income$6,326,170RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$381,314ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$785,380TotalAmt
Program Services$785,380ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$510,775TotalAmt
Program Services$185,710ProgramServicesAmt
Management And General$284,561ManagementAndGeneralAmt
Fundraising$40,504FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,653,953TotalAmt
Program Services$2,824,016ProgramServicesAmt
Management And General$651,729ManagementAndGeneralAmt
Fundraising$178,208FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$313,871TotalAmt
Program Services$216,187ProgramServicesAmt
Management And General$80,489ManagementAndGeneralAmt
Fundraising$17,195FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$424,340TotalAmt
Program Services$299,946ProgramServicesAmt
Management And General$95,370ManagementAndGeneralAmt
Fundraising$29,024FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$286,925TotalAmt
Program Services$216,600ProgramServicesAmt
Management And General$56,734ManagementAndGeneralAmt
Fundraising$13,591FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$620TotalAmt
Management And General$620ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$31,920TotalAmt
Management And General$31,920ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$79,798TotalAmt
Fundraising$79,798FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$77,382TotalAmt
Program Services$49,060ProgramServicesAmt
Management And General$28,322ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$33,992TotalAmt
Program Services$10,733ProgramServicesAmt
Management And General$23,259ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$79,552TotalAmt
Program Services$68,602ProgramServicesAmt
Management And General$10,950ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$236,258TotalAmt
Program Services$203,912ProgramServicesAmt
Management And General$32,346ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$54,272TotalAmt
Program Services$2,585ProgramServicesAmt
Management And General$50,185ManagementAndGeneralAmt
Fundraising$1,502FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$384,589TotalAmt
Program Services$337,689ProgramServicesAmt
Management And General$46,900ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,804TotalAmt
Management And General$25,804ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EQUIPMENT RENTAL$323,418$281,813$41,605
SUPPLIES$240,983$168,041$32,477$40,465
MISC SCHOOL ACTIVITIES$171,383$139,533$9,686$22,164
ADMISSION DEPARTMENT$161,125$106,940$52,168$2,017

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$151,488TotalAmt
Program Services$93,626ProgramServicesAmt
Management And General$7,848ManagementAndGeneralAmt
Fundraising$50,014FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,027,828TotalAmt
Program Services$5,990,373ProgramServicesAmt
Management And General$1,562,973ManagementAndGeneralAmt
Fundraising$474,482FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$286,881BOYAmt
EOY$329,770EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$702,453BOYAmt
EOY$907,180EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,000BOYAmt
EOY$454,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$63,368BOYAmt
EOY$62,831EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$199,503BOYAmt
EOY$261,365EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,042,138LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,579,766LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,541,744BOYAmt
EOY$5,462,372EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,569,828BOYAmt
EOY$20,089,013EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$245,000BOYAmt
EOY$241,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,623,777BOYAmt
EOY$27,807,531EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$634,675BOYAmt
EOY$749,444EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,848,168BOYAmt
EOY$2,025,431EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$141,161EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,482,843BOYAmt
EOY$2,916,036EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,078,876BOYAmt
EOY$22,097,722EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$596,995BOYAmt
EOY$1,319,910EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,465,063BOYAmt
EOY$1,473,863EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,140,934BOYAmt
EOY$24,891,495EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,623,777BOYAmt
EOY$27,807,531EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$93,806ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,844,367NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Total Lobbying Expenditures$0TotalLobbyingExpendituresAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE SCHOOL IS A DUES PAYING MEMBER (APPROXIMATELY $175/YEAR) OF THE MA ASSOCIATION OF NON PROFIT SCHOOLS AND COLLEGES WHICH ADVOCATES FOR SCHOOLS WITH RESPECT TO LEGISLATION.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,656,316BeginningYearBalanceAmt
Contributions$8,800ContributionsAmt
Investment Earnings Or Losses$2,466,475InvestmentEarningsOrLossesAmt
End Year Balance$20,131,591EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,847,877BeginningYearBalanceAmt
Contributions$10,200ContributionsAmt
Investment Earnings Or Losses$1,798,239InvestmentEarningsOrLossesAmt
End Year Balance$17,656,316EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,101,837BeginningYearBalanceAmt
Contributions$9,050ContributionsAmt
Investment Earnings Or Losses-$263,010InvestmentEarningsOrLossesAmt
End Year Balance$15,847,877EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,556,154BeginningYearBalanceAmt
Contributions$18,646ContributionsAmt
Investment Earnings Or Losses$2,527,037InvestmentEarningsOrLossesAmt
End Year Balance$16,101,837EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,223,627BeginningYearBalanceAmt
Contributions$496,791ContributionsAmt
Investment Earnings Or Losses$835,736InvestmentEarningsOrLossesAmt
End Year Balance$13,556,154EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.88530BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.04150PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.07320TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$448,554OtherCostOrOtherBasisAmt
Book Value$448,554BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,214,756OtherCostOrOtherBasisAmt
Depreciation$4,554,498DepreciationAmt
Book Value$4,660,258BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,323,448OtherCostOrOtherBasisAmt
Depreciation$1,025,268DepreciationAmt
Book Value$298,180BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$55,380OtherCostOrOtherBasisAmt
Book Value$55,380BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,462,372TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPTIAL LEASE OBLIGATIONDesc
Amt$141,161Amt
FieldValueIRS element (for citing)
Total Liability$141,161TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,950,342TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,844,367NetUnrealizedGainsInvstAmt
Other Revenue-$867,583OtherRevenueAmt
Revenue Not Reported$1,976,784RevenueNotReportedAmt
Revenue Subtotal$7,973,558RevenueSubtotalAmt
Other Revenues Not Included-$39,536OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$39,536RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,934,022TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,199,781TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$39,536OtherExpensesIncludedAmt
Expenses Not Reported$39,536ExpensesNotReportedAmt
Expenses Subtotal$7,160,245ExpensesSubtotalAmt
Other Expenses Not Included$867,583OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$867,583ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,027,828TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE PRIMARY PURPOSE OF THE UNRESTRICTED ENDOWMENT FUND IS TO SEEK MAXIMUM TOTAL RETURN WITH AN ACCEPTABLE LEVEL OF RISK THROUGH INVESTMENT IN A DIVERSIFIED PORTFOLIO. UNDER ORDINARY CIRCUMSTANCES, THE SCHOOL WILL SPEND NO MORE THAN 4.5% OF THE AVERAGE QUARTER END VALUES OF THE ENDOWMENT FOR THE PAST TWELVE QUARTERS AT DECEMEBER 31 OF THE PRIOR YEAR. IT IS THE INTENT NOT TO INVADE PRINCIPAL, EXCEPT TO MEET THE ANNUAL SPENDING RATE, AS AUTHORIZED BY THE TRUSTEES. TENACRE SEEKS TO BUILD ENDOWMENT INCOME TO CONTRIBUTE TO THE OPERATING BUDGET AND MITIGATE ESCALATING OPERATING COSTS. THE GOALS ARE TO SUPPORT THE SCHOOL'S ANNUAL OPERATING BUDGET, TO KEEP TUITION INCREASES REASONABLE AND SUPPORT STAFF SALARY AND BENEFIT INCREASES.
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 HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2011. THE SCHOOL ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS A PART OF TAX EXPENSE. THERE WERE NO INTEREST OR PENALTIES ACCRUED AT JUNE 30, 2014.
PART XI, LINE 2D - OTHER ADJUSTMENTS:STUDENT AID NETTED WITH TUITION REVENUE ON AUDITED FINANCIAL STATEMENTS -744,551. AFTER SCHOOL PROGRAM STUDENT AID NETTED WITH REVENUE -40,829. OTHER EXPENSES NETTED WITH REVENUE -82,203.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE INCLUDED ON FORM 990, PART VIII, LINE 8B -36,550. GAMING ACTIVITIES DIRECT EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 9B -1,462. COST OF GOODS SOLD INCLUDED ON FORM 990, PART VIII, LINE 10B -1,524.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE INCLUDED ON FORM 990, PART VIII, LINE 8B 36,550. GAMING ACTIVITIES DIRECT EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 9B 1,462. COST OF GOODS SOLD INCLUDED ON FORM 990, PART VIII, LINE 10B 1,524.
PART XII, LINE 4B - OTHER ADJUSTMENTS:AFTER SCHOOL PROGRAM STUDENT AID NETTED WITH REVENUE 40,829. STUDENT AID NETTED WITH TUITION REVENUE ON AUDITED FINANCIAL STATEMENTS 744,551. OTHER EXPENSES NETTED WITH REVENUE 82,203.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE SCHOOL'S POLICY IS DOCUMENTED ON THE FIRST PAGE OF ITS PROMOTIONAL BROCHURE. IN ADDITION, AN ADVERTISEMENT IS PLACED EACH YEAR IN THE BOSTON GLOBE NEWSPAPER IN CONJUNCTION WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM JAQUES & COBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1LIBERTY SQUAREAddressLine1
CityDANVERSCity
StateMAState
ZIP Code01923ZIPCode
FieldValueIRS element (for citing)
ActivityFUNDRAISING/CAPITAL CAMPAIGN CONSULTANTActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$79,798RetainedByContractorAmt
Net To Organization-$79,798NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$79,798TotalRetainedByContractorsAmt
Total Net To Organization-$79,798TotalNetToOrganizationAmt
Licensed StatesMALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1ORCHARDFEST FAIRNameOfEvent1Amt
Gross Receipts Event1$38,195GrossReceiptsEvent1Amt
Charitable Contri Event1$1,645CharitableContriEvent1Amt
Gross Revenue Event1$36,550GrossRevenueEvent1Amt
Other Direct Expenses Event1$36,550OtherDirectExpensesEvent1Amt
Gross Receipts Total$38,195GrossReceiptsTotalAmt
Charitable Contributions Tot$1,645CharitableContributionsTotAmt
Gross Revenue Total Events$36,550GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$36,550OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$36,550DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
FINANCIAL AID AND AFTER SCHOOL PROGRAM AID32$674,198
TUITION REMISSION6$111,182

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTENACRE TUITION ASSISTANCE RECIPIENTS MUST FILL OUT THE SCHOOL AND STUDENT SERVICE (SSS) PARENT FINANCIAL STATEMENT (PFS) ANNUALLY. EVERY EFFORT WILL BE MADE TO MEET THE NEEDS OF TENACRE FAMILIES CURRENTLY RECEIVING ASSISTANCE, PROVIDING: 1. ALL NECESSARY FORMS ARE SUBMITTED IN A TIMELY FASHION, 2. STUDENTS REMAIN IN GOOD ACADEMIC STANDING, 3. ALL TUITION PAYMENTS ARE CURRENT, OR SATISFACTORY PAYMENT ARRANGEMENTS HAVE BEEN MADE. FINANCIAL AID AT TENACRE IS BASED ON FINANCIAL NEED ONLY. THE COMMITTEE USES THE SSS AS A GUIDELINE IN OUR DECISIONS. TENACRE HAS A FIXED AMOUNT OF FUNDING AVAILABLE EACH YEAR FOR TUITION ASSISTANCE, AND THEREFORE, IN A GIVEN YEAR, MAY BE UNABLE TO MEET A FAMILY'S TOTAL NEED, ALTHOUGH IT IS OUR POLICY TO CONTINUE FUNDING FAMILIES WITH STUDENTS CURRENTLY ENROLLED UNLESS THERE IS A SIGNIFICANT CHANGE IN THE FAMILY'S FINANCIAL SITUATION. EACH FAMILY BEARS THE PRIMARY RESPONSIBILITY FOR FINANCING A STUDENT'S EDUCATION. IN CASES WHERE PARENTS ARE NOT LIVING TOGETHER, THE RESOURCES OF BOTH THE NONCUSTODIAL AND CUSTODIAL PARENT AND NEW SPOUSES (IF ANY) MAY BE CONSIDERED IN ESTABLISHING A LEVEL OF NEED. THE FINANCIAL AID COMMITTEE INCLUDES THE HEAD OF SCHOOL, THE DIRECTOR OF FINANCE AND OPERATIONS AND THE DIRECTOR OF ENROLLMENT MANAGEMENT. WE RESERVE THE RIGHT TO REQUEST ADDITIONAL INFORMATION FROM FAMILIES IN ORDER TO EVALUATE THEIR FINANCIAL NEEDS MORE EFFECTIVELY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Discretionary Spending AcctYes (X)DiscretionarySpendingAcctInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CHRISTIAN B ELLIOT
HEAD OF SCHOOL$254,035$0$0$0$5,550$0$25,500$0$61,715$0$346,800$0$0$0
ROD FLETCHER
DIRECTOR OF FINANCE & OPER$114,960$0$0$0$0$0$10,210$0$25,703$0$150,873$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE HEAD OF SCHOOL RECEIVED THE FOLLOWING BENEFITS AND THE AMOUNTS ARE REPORTED IN SCH. J, PART II: - GROSS UP 457B PLAN CONTRIBUTION BY THE SCHOOL, $17,500 ANNUALLY - DISCRETIONARY BUDGET ACCOUNT TO SPEND ON SCHOOL RELATED EXPENSES, $3,562 WAS SPENT IN FY14. - ON CAMPUS HOUSING AS A CONTRACTUAL REQUIREMENT FOR HIS JOB AT TENACRE, ESTIMATED $42,000 PER YEAR - HEALTH CLUB MEMBERSHIP, THE SCHOOL PAYS $30 PER MONTH. ALL EMPLOYEES ARE ELIGIBLE. - HOUSE CLEANING SERVICES, THE SCHOOL PAYS $300 PER MONTHExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$105,400CashGrantAmt
Type Of AssistanceNEED-BASED SCHOLARSHIPSTypeOfAssistanceTxt
Assistance PurposeFINANCIAL AIDAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN HANCOCK INSURANCE COBusinessNameLine1
FieldValueIRS element (for citing)
Relationship DescriptionMARC COSTANTINI, TRUSTEE OF TENACRE, IS AN OFFICER AT JOHN HANCOCK.RelationshipDescriptionTxt
Transaction$313,871TransactionAmt
TransactionCONTRIBUTIONS TO RETIREMENT AND INSURANCE PLANSTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution13ContributionCnt
Noncash Contributions Rpt F990$69,159NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF GIFTS OF STOCK RECEIVED AND NOT THE NUMBER OF ACTUAL SHARES RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE DIRECTOR OF FINANCE & OPERATIONS PREPARED THE FORM 990 INFORMATION PACKAGE FOR THE SCHOOL'S AUDIT AND TAX PREPARATION FIRM. ONCE THE FIRM HAS PREPARED A DRAFT FORM 990, THE DRAFT IS REVIEWED BY MANAGEMENT AND BY THE FINANCE COMMITTEE. FOLLOWING THESE REVIEWS, A PUBLIC DISCLOSURE COPY OF THE FINAL DRAFT FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING THE RETURN WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR THE SCHOOL CIRCULATES AND COLLECTS SIGNED CONFLICT OF INTEREST POLICIES FROM EACH MEMBER OF THE BOARD OF TRUSTEES. ANY ISSUES THAT ARISE ARE DISCUSSED AND APPROVED BY THE GOVERNANCE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15THE SCHOOL HAS A COMPENSATION COMMITTEE WHICH INCLUDES THE BOARD PRESIDENT AND TREASURER AND BENEFITS COMMITTEE CHAIR. THE COMPENSATION COMMITTEE OF THE TENACRE COUNTRY DAY SCHOOL BOARD OF TRUSTEES CONSISTS OF STUART ABLON (CHAIR & BOARD PRESIDENT), STEPHEN KISTNER (TREASURER), MARK ROBINSON AND PETER ROSENBERG (BENEFITS CHAIR). THE COMPENSATION COMMITTEE OF THE TENACRE BOARD OF TRUSTEES APPROVED THE COMPENSATION FOR THE HEAD OF SCHOOL FOR 2013-2014, WHICH THE COMPENSATION WAS STIPULATED IN THE BOARD APPROVED MULTI-YEAR CONTRACT BETWEEN THE SCHOOL AND THE HEAD OF SCHOOL. THE SAME 3% SALARY INCREASE FOR THE HEAD OF SCHOOL AS HAD BEEN APPROVED BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES FOR THE FACULTY AS PART OF THE 2014 BUDGET APPROVAL PROCESS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS 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). IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
FORM 990, PART III, LINE 1, CONTINUED:SCHOOL LIFE. TENACRE EXPECTS EACH SIXTH GRADER TO LEAVE TENACRE AS A CONFIDENT LEARNER, CRITICAL THINKER AND CARING CITIZEN. AS A COMMUNITY OF CHILDREN AND ADULTS, TENACRE STRIVES TO WORK HARD, TO FIND JOY AND TO BE KIND.
FORM 990, PART I, LINE 6:TENACRE HAS VOLUNTEERS, PRIMARILY CURRENT PARENTS, PAST PARENTS, AND FORMER EMPLOYEES, AS WELL AS OTHER, SERVING ON A VARIETY OF SCHOOL COMMITTEES. THE COMMITTEES INCLUDE BOARD DIVERSITY, FINANCE, DEVELOPMENT, HEALTH & SAFETY, SUNSHINE, TENACRE ART GALLERY, TPA, ORCHARDFEST, INVESTMENT, BENEFITS, COMPENSATION, ENRICHMENT, AMONG OTHERS.

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