RIVERS SCHOOL CORPORATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- RIVERS SCHOOL CORPORATION (EIN 04-2104457)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-14
- IRS object ID
- 201400459349301785
- Schema version
- 2012v2.1
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-14T13:15:56-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042211907 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLER WACHMAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAMBRIDGE STREET 13TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021142548 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104457 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RIVERS SCHOOL CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RIVE | NameControl |
| Phone | 7812359300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 WINTER STREET | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 024931040 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN J SNIDER | Name |
| Title | TREASURER | Title |
| Phone | 7812359300 | Phone |
| Date Signed | 2014-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK J CONKLIN CPA | Name |
| PTIN | P01454073 | PTIN |
| Phone | 6173386800 | Phone |
| Date Prepared | 2014-02-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS P OLVERSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 WINTER STREET | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 024931040 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 33504629 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RIVERS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1924 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE RIVERS SCHOOL IS A COED COLLEGE PREPARATORY DAY SCHOOL FOR GRADES 6 THROUGH 12. RIVERS CHALLENGES STUDENTS TO ATTAIN THEIR HIGHEST LEVELS OF EXCELLENCE IN ACADEMICS, ARTS, AND ATHLETICS. WE SET HIGH STANDARDS AND EXPECT STUDENTS TO PARTICIPATE ACTIVELY IN THEIR LEARNING. WE CULTIVATE A CARING, RESPECTFUL, AND COLLABORATIVE ENVIRONMENT THAT ENCOURAGES STUDENT PERFORMANCE, INCLUDING DEMONSTRATION OF LOGICAL THOUGHT, INFORMED AND ARTICULATE VOICE, CREATIVE VISION, AND INTEGRITY. RIVERS IS DEDICATED TO PREPARING ITS STUDENTS FOR LEADERSHIP IN A WORLD THAT NEEDS THEIR TALENTS, IMAGINATION, INTELLECT, AND COMPASSION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 494 | TotalNbrEmployees |
| Total Nbr Volunteers | 476 | TotalNbrVolunteers |
| Total Gross UBI | 223295 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -57450 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2379420 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3354459 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 21148891 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 22355883 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 516153 | InvestmentIncomePriorYear |
| Investment Income Current Year | 675587 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 473498 | OtherRevenuePriorYear |
| Other Revenue Current Year | 525037 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 24517962 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26910966 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4170476 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4575395 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12854384 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 13634867 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 17916 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 17556 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1140490 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9014950 | OtherExpensePriorYear |
| Other Expenses Current Year | 7828011 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 26057726 | TotalExpensesPriorYear |
| Total Expenses Current Year | 26055829 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1539764 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 855137 | RevenuesLessExpensesCY |
| Total Assets BOY | 64071458 | TotalAssetsBOY |
| Total Assets EOY | 64964464 | TotalAssetsEOY |
| Total Liabilities BOY | 29831494 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 26793710 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 34239964 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 38170754 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE RIVERS SCHOOL IS A COED COLLEGE PREPARATORY DAY SCHOOL FOR GRADES 6 THROUGH 12. RIVERS CHALLENGES STUDENTS TO ATTAIN THEIR HIGHEST LEVELS OF EXCELLENCE IN ACADEMICS, ARTS, AND ATHLETICS. WE SET HIGH STANDARDS AND EXPECT STUDENTS TO PARTICIPATE ACTIVELY IN THEIR LEARNING. WE CULTIVATE A CARING, RESPECTFUL, AND COLLABORATIVE ENVIRONMENT THAT ENCOURAGES STUDENT PERFORMANCE, INCLUDING DEMONSTRATION OF LOGICAL THOUGHT, INFORMED AND ARTICULATE VOICE, CREATIVE VISION, AND INTEGRITY. RIVERS IS DEDICATED TO PREPARING ITS STUDENTS FOR LEADERSHIP IN A WORLD THAT NEEDS THEIR TALENTS, IMAGINATION, INTELLECT, AND COMPASSION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17913178 | Expense |
| Grants | 4351569 | Grants |
| Revenue | 17386200 | Revenue |
| Description | SCHOOL PROGRAM - THE INSTRUCTION OF 480 STUDENTS - GRADE 6-12. THE SCHOOL YEAR RUNS FROM SEPTEMBER TO JUNE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2167959 | Expense |
| Grants | 164295 | Grants |
| Revenue | 2179413 | Revenue |
| Description | MUSIC CONSERVATORY - OFFERS PREMIER CLASSICAL AND JAZZ MUSIC EDUCATION AND PERFORMANCE PROGRAMS THAT DEVELOP THE HIGHEST LEVELS OF ARTISTIC AND TECHNICAL ACHIEVEMENT IN STUDENT MUSICIANS OF ALL AGES | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 980692 | Expense |
| Revenue | 1329795 | Revenue |
| Description | SUMMER CAMP PROGRAMS - THE INSTRUCTION AND SUPERVISION OF 683 TOTAL CAMPERS IN ARTS, CRAFTS, AND OUTDOOR ACTIVITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1473586 | Expense |
| Grants | 59531 | Grants |
| Revenue | 1564612 | Revenue |
| Description | OTHER SCHOOL PROGRAMS - VARIOUS EXTRA - CURRICULAR ACTIVITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1473586 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 59531 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 1564612 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 22535415 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 108 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 494 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
| Other Explain In Sch O | X | OtherExplainInSchO |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUCE T AMSBARY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7812359300 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THE RIVERS SCHOOL 333 WINTER STREET | AddressLine1 |
| City | WESTON | City |
| State | MA | State |
| ZIP Code | 02493 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| CLINTON P HARRIS | ||||||||
| PRESIDENT | 1.50 | X | X | 0 | 0 | 0 | ||
| ROBERT J DAVIS | ||||||||
| 1ST VICE PRES- EXP 6/13/13 | 0.80 | X | X | 0 | 0 | 0 | ||
| GEOFFREY S REHNERT | ||||||||
| 2ND VICE PRES- END 6/13/13 | 0.80 | X | X | 0 | 0 | 0 | ||
| BENJAMIN BLOOMSTONE | ||||||||
| TRUSTEE | 1.30 | X | 0 | 0 | 0 | |||
| ROBERT E BUONATO | ||||||||
| OFFICER | 2.00 | X | X | 0 | 0 | 0 | ||
| BEN D FISCHMAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| HOWARD G DAVIS | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| KAREN DANIELS | ||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | |||
| ANDREW N JAFFE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| DANIEL A KRAFT | ||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | |||
| FRANK H LAUKIEN | ||||||||
| TRUSTEE - EXPIRED 6/13/13 | 0.50 | X | 0 | 0 | 0 | |||
| DEBORAH H MCANENY | ||||||||
| CLERK | 0.80 | X | X | 0 | 0 | 0 | ||
| MICHAEL E MCGUINNESS | ||||||||
| TRUSTEE - EXPIRED 6/13/13 | 0.50 | X | 0 | 0 | 0 | |||
| STEVEN M JENNINGS | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JAMES C MULLEN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ALAN D ROSE JR | ||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | |||
| SOLOMON B ROTH | ||||||||
| TRUSTEE | 1.30 | X | 0 | 0 | 0 | |||
| LAURIE SCHOEN | ||||||||
| TRUSTEE | 1.30 | X | 0 | 0 | 0 | |||
| MARK S SCHUSTER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| STEVEN J SNIDER | ||||||||
| TREASURER | 1.30 | X | X | 0 | 0 | 0 | ||
| MICHAEL P STANSKY | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ERIC M WOLF | ||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | |||
| LOUISE CUMMINGS | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| BARBARA V LIGON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| RICHARD L SMITH | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| MARK R FLORENCE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| HONGMEI LI | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| DENNIS BALDWIN | ||||||||
| TRUSTEE - EFFECTIVE 6/14/13 | 0.50 | X | 0 | 0 | 0 | |||
| JAMES F CARLIN | ||||||||
| TRUSTEE - EFFECTIVE 6/14/13 | 0.50 | X | 0 | 0 | 0 | |||
| DANIEL R REVERS | ||||||||
| TRUSTEE - EFFECTIVE 6/14/13 | 0.50 | X | 0 | 0 | 0 | |||
| ANDREW P SLIFKA | ||||||||
| TRUSTEE - EFFECTIVE 6/14/13 | 0.50 | X | 0 | 0 | 0 | |||
| LAURIE SLIFKA | ||||||||
| TRUSTEE - EFFECTIVE 3/13 | 0.50 | X | 0 | 0 | 0 | |||
| THOMAS P OLVERSON | ||||||||
| HEAD OF SCHOOL | 60.00 | X | 333345 | 0 | 42608 | |||
| BRUCE T AMSBARY | ||||||||
| DIR FIN & OPER/ASST TREAS | 60.00 | X | 179734 | 0 | 37391 | |||
| JEAN I MOUZAR | ||||||||
| ASSIST CLRK/ADMIN ASST HEA | 37.50 | X | 64780 | 0 | 16101 | |||
| JANICE H HICINBOTHEM | ||||||||
| DIRECTOR OF ADVANCEMENT | 55.00 | 164780 | 0 | 34890 | X | |||
| JAMES M LONG | ||||||||
| ASST HEAD SCH/DEAN OF STUDENTS | 50.00 | 115380 | 0 | 68717 | X | |||
| MARIAN F HUPPER | ||||||||
| ASSOCIATE DIR OF ADVANCEMENT | 40.00 | 128816 | 0 | 80156 | X | |||
| SUSAN MCGEE | ||||||||
| HEAD OF MIDDLE SCHOOL | 50.00 | 112789 | 0 | 19280 | X | |||
| JONATHAN D WASSERMAN | ||||||||
| ASSOCIATE DIR OF FIN & OPE | 50.00 | 123320 | 0 | 47880 | X | |||
| PATRICIA CARBERY | ||||||||
| HEAD OF UPPER SCHOOL | 50.00 | 116039 | 0 | 30122 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1338983 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 377145 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FLIK INDEPENDENT SCHOOLS BY CHARTWELLS ( | |||||
| PO BOX 91337 | CHICAGO | IL | 60693 | FOOD SERVICE PROVIDER | 905056 |
| LOCAL MOTION OF BOSTON | |||||
| 66B ROCSAM PARK ROAD | BRAINTREE | MA | 02184 | TRANSPORTATION | 409967 |
| SUFFOLK CONSTRUCTION COMPANY INC | |||||
| 65 ALLERTON STREET | BOSTON | MA | 02119 | GENERAL CONTRACTOR | 150000 |
| AMPM FACILITY SERVICES | |||||
| 295 WESTON STREET | WALTHAM | MA | 02453 | CLEANING SERVICES | 148245 |
| GOLDMAN ENVIRONMENTAL CONSULTANTS INC | |||||
| 60 BROOKS DRIVE | BRAINTREE | MA | 02184 | WASTE WATER TREATMENT OPERATOR | 108999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 98334 | FundraisingEvents |
| All Other Contributions | 3256125 | AllOtherContributions |
| Noncash Contributions | 698482 | NoncashContributions |
| Total Contributions | 3354459 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION INCOME | 900099 | 17386200 | 17386200 |
| MUSIC SCHOOL | 900099 | 2179413 | 2179413 |
| SCHOOL ACTIVITIES | 900099 | 1460475 | 1460475 |
| SUMMER CAMPS | 900099 | 1329795 | 1329795 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 22355883 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 592444 | TotalRevenueColumn |
| Exclusion | $592,444 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 87166 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 58722 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 28444 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28444 | TotalRevenueColumn |
| Exclusion | $28,444 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6383849 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6300706 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 83143 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 83143 | TotalRevenueColumn |
| Exclusion | $83,143 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 287676 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 98334 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 130219 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 157457 | TotalRevenueColumn |
| Exclusion | $157,457 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 13900 | GrossIncomeGaming |
| Gaming Direct Expenses | 2196 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11704 | TotalRevenueColumn |
| Exclusion | $11,704 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 102698 | GrossSalesOfInventory |
| Cost Of Goods Sold | 101820 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 878 | TotalRevenueColumn |
| Related Or Exempt Function Income | 878 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| ATHLETIC FACILITY RENTS | 713990 | 223295 | 223295 | |
| MISC. INCOME | 900099 | 61085 | 61085 | |
| NEXTEL RENTAL | 900002 | 21828 | 21828 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20346 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20346 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 326554 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26910966 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22460020 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 223295 | UnrelatedBusinessRevenue |
| Exclusion | $873,192 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4575395 | Total |
| Program Services | 4575395 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 890101 | Total |
| Management And General | 691233 | ManagementAndGeneral |
| Fundraising | 198868 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10443362 | Total |
| Program Services | 9066000 | ProgramServices |
| Management And General | 842606 | ManagementAndGeneral |
| Fundraising | 534756 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658046 | Total |
| Program Services | 493534 | ProgramServices |
| Management And General | 98707 | ManagementAndGeneral |
| Fundraising | 65805 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 858496 | Total |
| Program Services | 643872 | ProgramServices |
| Management And General | 128774 | ManagementAndGeneral |
| Fundraising | 85850 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 784862 | Total |
| Program Services | 588647 | ProgramServices |
| Management And General | 117729 | ManagementAndGeneral |
| Fundraising | 78486 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13104 | Total |
| Management And General | 13104 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74277 | Total |
| Management And General | 74277 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17556 | Total |
| Fundraising | 17556 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7738 | Total |
| Management And General | 7738 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42945 | Total |
| Program Services | 42945 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92795 | Total |
| Program Services | 39253 | ProgramServices |
| Management And General | 48308 | ManagementAndGeneral |
| Fundraising | 5234 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202279 | Total |
| Program Services | 151709 | ProgramServices |
| Management And General | 30342 | ManagementAndGeneral |
| Fundraising | 20228 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19911 | Total |
| Program Services | 2119 | ProgramServices |
| Management And General | 17792 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67125 | Total |
| Management And General | 67125 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 660027 | Total |
| Program Services | 660027 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2079782 | Total |
| Program Services | 1975793 | ProgramServices |
| Management And General | 103989 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174347 | Total |
| Program Services | 165630 | ProgramServices |
| Management And General | 8717 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OTHER SCHOOL ACTIVITIES | 833481 | 833481 | |
| LUNCH PROGRAM | 675152 | 675152 | |
| REPAIRS & MAINTENANCE | 672972 | 639323 | 33649 |
| DAYCAMP EXPENSES | 351643 | 351643 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1860433 | Total |
| Program Services | 1630892 | ProgramServices |
| Management And General | 95834 | ManagementAndGeneral |
| Fundraising | 133707 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26055829 | Total |
| Program Services | 22535415 | ProgramServices |
| Management And General | 2379924 | ManagementAndGeneral |
| Fundraising | 1140490 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6537557 | BOY |
| EOY | 2374589 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1457457 | BOY |
| EOY | 2401815 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3362859 | BOY |
| EOY | 2598812 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98452 | BOY |
| EOY | 201859 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52313 | BOY |
| EOY | 52313 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74182 | BOY |
| EOY | 64059 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303895 | BOY |
| EOY | 413719 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 52924679 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 20530338 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33798915 | BOY |
| EOY | 32394341 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12949918 | BOY |
| EOY | 18987274 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5050315 | BOY |
| EOY | 5030459 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385595 | BOY |
| EOY | 445224 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64071458 | BOY |
| EOY | 64964464 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1309428 | BOY |
| EOY | 1282870 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8369253 | BOY |
| EOY | 7819868 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12485000 | BOY |
| EOY | 12280000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4214126 | BOY |
| EOY | 3304500 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3453687 | BOY |
| EOY | 2106472 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29831494 | BOY |
| EOY | 26793710 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22830706 | BOY |
| EOY | 26401729 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5806664 | BOY |
| EOY | 6093962 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5602594 | BOY |
| EOY | 5675063 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34239964 | BOY |
| EOY | 38170754 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64071458 | BOY |
| EOY | 64964464 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 855137 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1665453 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1410200 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Structure | X | HistoricStructure |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoring |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 358540 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18389441 | BeginningOfYearBalance |
| Contributions | 137060 | Contributions |
| Investment Earnings Or Losses | 2110389 | InvestmentEarningsOrLosses |
| Other Expenditures | 851221 | OtherExpenditures |
| End Of Year Balance | 19785669 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18629796 | BeginningOfYearBalance |
| Contributions | 273773 | Contributions |
| Investment Earnings Or Losses | 66996 | InvestmentEarningsOrLosses |
| Other Expenditures | 581124 | OtherExpenditures |
| End Of Year Balance | 18389441 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17265455 | BeginningOfYearBalance |
| Contributions | 303069 | Contributions |
| Investment Earnings Or Losses | 1993304 | InvestmentEarningsOrLosses |
| Other Expenditures | 932032 | OtherExpenditures |
| End Of Year Balance | 18629796 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16497560 | BeginningOfYearBalance |
| Contributions | 196783 | Contributions |
| Investment Earnings Or Losses | 1418810 | InvestmentEarningsOrLosses |
| Other Expenditures | 847698 | OtherExpenditures |
| End Of Year Balance | 17265455 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19591478 | BeginningOfYearBalance |
| Contributions | 674176 | Contributions |
| Investment Earnings Or Losses | -2881154 | InvestmentEarningsOrLosses |
| Other Expenditures | 886940 | OtherExpenditures |
| End Of Year Balance | 16497560 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.61690 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.28680 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09630 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1488704 | OtherCostOrOtherBasis |
| Book Value | 1488704 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 46777948 | OtherCostOrOtherBasis |
| Depreciation | 17990093 | Depreciation |
| Book Value | 28787855 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2876831 | OtherCostOrOtherBasis |
| Depreciation | 1769250 | Depreciation |
| Book Value | 1107581 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1781196 | OtherCostOrOtherBasis |
| Depreciation | 770995 | Depreciation |
| Book Value | 1010201 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 32394341 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS | 797215 | F |
| FUND OF FUNDS | 4113115 | F |
| PRIVATE EQUITY FUND | 120129 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5030459 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FAIR VALUE OF INTEREST RATE SWAP LIABILITY | $2,043,987 |
| OTHER LIABILITIES | $62,485 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2106472 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 24370747 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1665453 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 2098 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 227446 | OtherRevenues |
| Revenue Not Rptd F990 | 1894997 | RevenueNotRptdF990 |
| Revenue Subtotal | 22475750 | RevenueSubtotal |
| Investment Expenses Not Included | 7738 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 4427478 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4435216 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 26910966 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21850157 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 2098 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 227446 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 229544 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21620613 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 7738 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 4427478 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4435216 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 26055829 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE SCHOOL'S RECORDING COLLECTION CONTAINS ONE OF THE MOST EXTENSIVE COLLECTIONS OF OPERA RECORDINGS IN THE UNITED STATES. THESE RECORDINGS, COMBINED WITH THOUSANDS OF OTHER INSTRUMENTAL AND VOCAL RECORDINGS WILL PROVIDE A HISTORICAL AND EDUCATIONAL LISTENING RESOURCE FOR STUDENTS AND FACULTY AT THE RIVERS SCHOOL CONSERVATORY AND THE SCHOOL. THE SCHOOL'S DINOSAUR FOSSIL COLLECTION WILL SERVE AS A HISTORICAL AND SCIENTIFIC RESOURCE AND AS AN EDUCATIONAL EXHIBIT FOR STUDENTS AND FACULTY. | |
| PART V, LINE 4: | THE ENDOWMENT SUPPORTS THE EDUCATIONAL MISSION OF THE SCHOOL BY PROVIDING SUPPORT FOR FINANCIAL AID FOR STUDENTS, FACULTY RELATED EXPENSES, SCHOOL PROGRAMS, SCHOOL FACILITIES, AS WELL AS GENERAL SUPPORT FOR SCHOOL OPERATIONS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X, LINE 2: | THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND THE UNRELATED BUSINESS INCOME GENERATED FROM THE RENTAL OF THE SCHOOL'S ATHLETIC FACILITY AS TAX POSITIONS. HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 58,722. COGS REPORTED ON PART VIII LINE 10B 101,820. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 66,904. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID AND TUITION REMISSION 4,427,478. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 58,722. COGS REPORTED ON PART VIII LINE 10B 101,820. SPECIAL EVENT EXPENSES INCLUDED IN PART VIII LINE 8B 66,904. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID AND TUITION REMISSION 4,427,478. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | NOTICE OF NON-DISCRIMINATION POLICY AS TO STUDENTS APPEARED IN THE BOSTON SUNDAY GLOBE ON DECEMBER 2, 2012. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CAYMAN ISLANDS | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Total Expenditures | 4113115 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 4113115 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 4113115 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | RUSSELL BUCKLEY | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82 COUNTY ROAD PMB 60 | AddressLine1 |
| City | MATTAPOISETT | City |
| State | MA | State |
| ZIP Code | 02739 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAP CAMPAIGN FEASABILITY STUDY | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 409861 | GrossReceipts |
| Amount Retained By Contractor | 17556 | AmountRetainedByContractor |
| Net To Organization | 392305 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 409861 | TotalGrossReceipts |
| Total Retained By Contractors | 17556 | TotalRetainedByContractors |
| Total Net To Organization | 392305 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PARENT LEAGUE AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 165560 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 14878 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 150682 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 6501 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 16362 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF TOURNAMENT | NameOfEvent2 |
| Gross Receipts Event2 | 131534 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 52971 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 78563 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 400 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 7715 | NonCashPrizesEvent2 |
| Food And Beverage Event2 | 16417 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 11078 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 79785 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 28695 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 51090 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 3183 | NonCashPrizesOtherEvents |
| Food And Beverage Other Events | 31747 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 15654 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 376879 | GrossReceiptsTotal |
| Charitable Contributions Total | 96544 | CharitableContributionsTotal |
| Gross Revenue Total Events | 280335 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 400 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 10898 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 54665 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 43094 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 109057 | DirectExpenseSummaryEvents |
| Net Income Summary | 171278 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID | 121 | 3650900 |
| TUITION REMISSION | 21 | 760200 |
| RIVERS CONSERVATORY FINANCIAL AID | 101 | 164295 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE SCHOOL AWARDS FINANCIAL AID BASED UPON FINANCIAL NEED IN AN OBJECTIVE AND NON-DISCRIMINATORY MANNER. THE SCHOOL MAINTAINS FILES ON EACH SUCCESSFUL CANDIDATE FOR NEED BASED FINANCIAL AID WHICH INCLUDES A COMPLETED "PARENT FINANCIAL STATEMENT"(PFS) PROVIDED BY THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID (SSS) FORMS AND COPIES OF THE MOST RECENT FILING OF THE PARENTS' 1040 FEDERAL TAX RETURN. THE SCHOOL USES THE INFORMATION PROVIDED BY THE ANALYSIS OF THE PFS BY SSS TO HELP MAKE AWARD DETERMINATIONS. AWARDS ARE ALSO ADJUSTED, AS NECESSARY, TO REFLECT SUPPLEMENTAL INFORMATION PROVIDED BY THE PARENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS P OLVERSON | ||||||||||||||
| HEAD OF SCHOOL | 281138 | 0 | 0 | 0 | 52207 | 0 | 24500 | 0 | 18576 | 0 | 376421 | 0 | 0 | 0 |
| BRUCE T AMSBARY | ||||||||||||||
| DIR FIN & OPER/ASST TREAS | 161586 | 0 | 0 | 0 | 18148 | 0 | 18397 | 0 | 19284 | 0 | 217415 | 0 | 0 | 0 |
| JANICE H HICINBOTHEM | ||||||||||||||
| DIRECTOR OF ADVANCEMENT | 163286 | 0 | 0 | 0 | 1494 | 0 | 16782 | 0 | 18373 | 0 | 199935 | 0 | 0 | 0 |
| JAMES M LONG | ||||||||||||||
| ASST HEAD SCH/DEAN OF STUDENTS | 115151 | 0 | 0 | 0 | 229 | 0 | 12167 | 0 | 56743 | 0 | 184290 | 0 | 0 | 0 |
| MARIAN F HUPPER | ||||||||||||||
| ASSOCIATE DIR OF ADVANCEMENT | 128709 | 0 | 0 | 0 | 107 | 0 | 8992 | 0 | 71367 | 0 | 209175 | 0 | 0 | 0 |
| JONATHAN D WASSERMAN | ||||||||||||||
| ASSOCIATE DIR OF FIN & OPE | 123220 | 0 | 0 | 0 | 100 | 0 | 12298 | 0 | 35777 | 0 | 171395 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | INCLUDED IN THE HEAD OF SCHOOLS' TAXABLE EARNINGS IS $25,000 REPRESENTING THE TAXABLE BENEFIT OF LIVING IN A SCHOOL OWNED HOME. IN ADDITION TO BEING THE PERSONAL RESIDENCE OF THE HEAD OF SCHOOL, THE HOME IS USED FOR SCHOOL RELATED MEETINGS AND ENTERTAINMENT EVENTS. THE SCHOOL ALSO PAYS $9,000 ANNUALLY TO COVER THE FEDERAL AND STATE INCOME TAXES ON THE VALUE OF THE HOUSING BENEFIT ON BEHALF OF THE HEAD OF SCHOOL. THE HEAD OF SCHOOL HAS ACCESS TO A DISCRETIONARY SPENDING ACCOUNT TO COVER EXPENSES RELATED TO TRAVEL, CONFERENCES, AND OTHER UNBUDGETED SCHOOL RELATED EXPENSES. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| Date Issued | 2012-03-06 | DateIssued |
| Issue Price | 12485000 | IssuePrice |
| Description Of Purpose | REFUNDING OF BONDS ORIGINALLY ISSUED 5/12/02 AND REFUNDED 8/3/09 | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 205000 | AmountRetired |
| Total Proceeds | 12485000 | TotalProceeds |
| Year Of Subst Completion | 2003 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 1 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART IV-LINE 2C | COMPUTATION DATE-8/3/14 REFLECTING ACTIVITY THROUGH 7/31/13 |
| PART IV-LINE 7 | THE SCHOOL IS IN THE PROCESS OF ESTABLISHING WRITTEN PROCEDURES TO MONITOR AND ENSURE COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 627264 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | VALUE AT DONATION DATE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EVENT SUPPLIES | 2 | 3796 | FAIR MARKET VALUE |
| X | PIANO | 1 | 65000 | FAIR MARKET VALUE |
| X | SCHOOL EQUIPMENT | 2 | 2422 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | AMOUNTS ARE BASED ON THE NUMBER OF CONTRIBUTIONS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE SCHOOL AT THE NOVEMBER 2012 BOARD OF TRUSTEES MEETING VOTED TO RMOVE ARTICLE VIII, SECTION 16, WHICH OUTLINED THE RESPONSIBILITY OF AN ENRICHMENT COMMITTEE AND RENUMBER SECTION 17 AND 18 DUE TO THIS ELIMINATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990, ABSENT SCHEDULE B, IS ELECTRONICALLY DISTRIBUTED TO ALL TRUSTEES PRIOR TO THE BOARD OF TRUSTEES MEETING. DUE TO THE CONFIDENTIAL NATURE OF DONOR INFORMATION PROVIDED ON SCHEDULE B, AND SINCE SCHEDULE B IS NOT OPEN TO PUBLIC INSPECTION, THE SCHOOL HAS DECIDED THAT IT WILL NOT DISCLOSE THE DETAILED DONOR INFORMATION PROVIDED ON SCHEDULE B TO MEMBERS OF THE BOARD OF TRUSTEES BEFORE FILING THE RETURN WITH THE IRS. ALL OTHER FORMS AND SCHEDULES THAT ARE ULTIMATELY FILED WITH THE IRS ARE PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW IN ADVANCE OF FILING. THE FORM 990 IS APPROVED BY THE BOARD OF TRUSTEES OR RETURNED FOR ADDITIONAL PREPARATION AND THEN APPROVED PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL ANNUALLY DISTRIBUTES TO ALL TRUSTEES, KEY EMPLOYEES AND OTHER COMMITTEE MEMBERS AN ELECTRONIC CONFLICT OF INTEREST SURVEY/QUESTIONNAIRE. THE RETURNED QUESTIONNAIRES ARE REVIEWED AND COMPILED BY THE SCHOOL'S FINANCIAL OFFICE AND THE RESULTS ARE PRESENTED TO THE SCHOOL'S AUDIT COMMITTEE. ANY ISSUES FOUND THAT THE AUDIT COMMITTEE BELIEVES ARE OF A CONCERN ARE FORWARDED TO THE SCHOOL'S COMMITTEE ON TRUSTEES FOR FURTHER ACTION. THE COMPLETED QUESTIONNAIRES ARE MAINTAINED AS PART OF THE SCHOOL'S CORPORATE RECORDS BY THE ASSISTANT CLERK. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD, MAKES UP THE SCHOOL'S COMPENSATION COMMITTEE. THE COMMITTEE RELIES ON COMPARATIVE DATA FROM SURVEYS CONDUCTED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS AND COMPARABLE DATA PROVIDED BY OTHER SCHOOLS ON THEIR IRS FORM 990 IN SETTING THE SALARY FOR THE HEAD OF SCHOOL. DOCUMENTATION OF THE BASIS OF DETERMINATION OF THE SALARY IS KEPT IN MINUTES PREPARED BY THE FIRST VICE PRESIDENT OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS DELEGATED THE AUTHORIZATION OF THE SALARIES OF ALL EMPLOYEES, INCLUDING KEY EMPLOYEES, TO THE HEAD OF SCHOOL AND IS BASED ON COMPARABLE INFORMATION OBTAINED FROM SOURCES SUCH AS THE IRS FORM 990 OF OTHER SCHOOLS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SCHOOL RELIES ON THE WEBSITE OF THE MASSACHUSETTS' ATTORNEY GENERAL'S OFFICE OF PUBLIC CHARITIES DIVISION IN ORDER FOR THE PUBLIC TO ACCESS A COPY OF THE SCHOOL'S AUDITED FINANCIAL STATEMENTS AND FORM 990. THE SCHOOL RELIES ON GUIDESTAR TO POST THE FORM 990. THE SCHOOL RELIES ON THE WEBSITE OF THE MASSACHUSETTS' SECRETARY OF STATE'S OFFICE FOR PUBLIC ACCESS TO THE SCHOOL'S GOVERNING DOCUMENTS. THE SCHOOL'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE SCHOOL'S BY-LAWS ARE MADE AVAILABLE ON THE MASSACHUSETTS' ATTORNEY GENERAL'S OFFICE OF PUBLIC CHARITIES DIVISION WEBSITE. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 1,409,700. GAIN ON DISPOSAL OF EQUIPMENT 500. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE BOARD OF TRUSTEES HAS AN AUDIT COMMITTEE THAT IS COMPRISED OF 3 MEMBERS, ONE OF WHICH IS A TRUSTEE, THAT IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT, FOR MEETING WITH THE SELECTED AUDITORS PRIOR TO AND AT THE COMPLETION OF THE AUDIT, AND FOR REVIEWING ACCOUNTING POLICIES AND PROCEDURES. | |
| FORM 990, PART VII SECTION A | AS A BENEFIT TO EMPLOYEES, THE SCHOOL PAYS THE HEALTH INSURANCE DEDUCTIBLE UP TO $750 FOR SINGLE COVERAGE AND $1,500 PER FAMILY FOR FAMILY COVERAGE. INCLUDED IN COLUMN F IS THE MAXIMUM POTENTIAL OBLIGATION OF THE SCHOOL OF $750 FOR EMPLOYEES THAT SUBSCRIBE TO SINGLE COVERAGE HEALTH INSURANCE AND $1,500 FOR EMPLOYEES THAT SUBSCRIBE TO FAMILY COVERAGE. NO BENEFIT IS INCLUDED IN COLUMN F FOR EMPLOYEES THAT DO NOT RECEIVE HEALTH INSURANCE THROUGH THE SCHOOL. | |
| FORM 990 PART IV LINE 28C | THE SCHOOL MAINTAINS AN INVESTMENT IN A FOREIGN REGISTERED MUTUAL FUND OF WHICH A TRUSTEE IS A CO-FOUNDER. AS THE SCHOOL DID NOT MAKE ANY ADDITIONAL DEPOSITS TO THE FUND DURING FISCAL YEAR 2013, THE SCHOOL'S INVESTMENT IN THE FUND HAS NOT BEEN DISCLOSED ON SCHEDULE L AS A BUSINESS TRANSACTION INVOLVING INTERESTED PERSONS. THE VALUE OF THE SCHOOL'S INVESTMENT IN THE FUND IS $3,441,295 AS OF JUNE 30, 2013. |