COMMONWEALTH SCHOOL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COMMONWEALTH SCHOOL INC (EIN 04-2228167)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-22
- IRS object ID
- 201410819349300101
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-22T04:50:13-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD JOHNSON & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 MAIN STREET | AddressLine1 |
| City | TOPSFIELD | City |
| State | MA | State |
| ZIP Code | 01983 | 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 | 042228167 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMMONWEALTH SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COMM | NameControl |
| Phone | 6172667525 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 COMMONWEALTH AVENUE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | D ANDREW HALL III | Name |
| Title | TREASURER | Title |
| Phone | 6172667525 | Phone |
| Date Signed | 2014-01-21 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RUSSELL A JOHNSON CPA | Name |
| Phone | 9788872220 | Phone |
| Date Prepared | 2014-03-22 | 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 | D ANDREW HALL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 COMMONWEALTH AVE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8565136 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.commschool.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | SECONDARY SCHOOL EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 73 | TotalNbrEmployees |
| Total Nbr Volunteers | 44 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 748112 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 824959 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5166777 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5419130 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 327213 | InvestmentIncomePriorYear |
| Investment Income Current Year | 706873 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4957 | OtherRevenuePriorYear |
| Other Revenue Current Year | 6231 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6247059 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6957193 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1114094 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1191154 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4213771 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4697478 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 295218 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1084731 | OtherExpensePriorYear |
| Other Expenses Current Year | 1347826 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6412596 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7236458 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -165537 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -279265 | RevenuesLessExpensesCY |
| Total Assets BOY | 17550396 | TotalAssetsBOY |
| Total Assets EOY | 17970888 | TotalAssetsEOY |
| Total Liabilities BOY | 908436 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 863594 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16641960 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17107294 | NetAssetsOrFundBalancesEOY |
| Mission Description | SECONDARY SCHOOL EDUCATION | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 5199481 | Expense |
| Grants | 1191154 | Grants |
| Revenue | 5425361 | Revenue |
| Description | EDUCATIONAL INSTITUTION - HIGH SCHOOL (GRADES 9-12) STUDENT ENROLLMENT = 150 | Description |
| Total Program Service Expense | 5199481 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 35 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 73 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DIANE MORRIS | NamePerson |
| Telephone Number | 6172667525 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 COMMONWEALTH AVE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer |
|---|---|---|---|
| KAREN FIRESTONE | |||
| Chairperson | 2.00 | X | X |
| ANDREW HALL | |||
| Treasurer | 2.00 | X | X |
| THEO PAUL | |||
| Clerk | 2.00 | X | X |
| MAX KOHLENBERG | |||
| Trustee | 1.00 | X | |
| CHARLES FRIED | |||
| Trustee | 1.00 | X | |
| CHARLES MERRILL | |||
| Trustee | 1.00 | X | |
| STEVE WALSKE | |||
| Trustee | 1.00 | X | |
| RICHARD ZECKHAUSER | |||
| Trustee | 1.00 | X | |
| MARY R PACI | |||
| Trustee | 1.00 | X | |
| RICHARD COFFMAN | |||
| Trustee | 1.00 | X | |
| CATHRYN STEIN | |||
| Trustee | 1.00 | X | |
| THERESE HENDRICKS | |||
| Trustee | 1.00 | X | |
| MARIE LOSSKY | |||
| Trustee | 1.00 | X | |
| JUDITH SANFORD-HARRIS | |||
| Trustee | 1.00 | X | |
| ELIZABETH THOMSON | |||
| Trustee | 1 | X | |
| BOB MURCHISON | |||
| Trustee | 1 | X | |
| JEFFREY FLOWERS | |||
| Trustee | 1 | X | |
| JOSE ALVAREZ | |||
| Trustee | 1 | X | |
| STEPHEN COHN | |||
| Trustee | 1 | X | |
| KIM MCLARIN | |||
| Trustee | 1 | X | |
| ELIZABETH BAILEY | |||
| Trustee | 1 | X | |
| CATHLEEN STONE | |||
| Trustee | 1 | X | |
| LISA JOFFE | |||
| Trustee | 1 | X | |
| JULIA HEWITT HOLLOWAY | |||
| Trustee | 1 | X | |
| JEFFREY SCHWARTZ | |||
| Trustee | 1 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 440038 | TotalReportableCompFromOrg |
| Total Other Compensation | 35012 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 824959 | AllOtherContributions |
| Noncash Contributions | 195732 | NoncashContributions |
| Total Contributions | 824959 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| TUITION & FEES | 611710 | 5410800 |
| APPLICATION FEES | 611710 | 8330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5419130 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 319922 | TotalRevenueColumn |
| Exclusion | $319,922 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1994894 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1607943 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 386951 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 386951 | TotalRevenueColumn |
| Exclusion | $386,951 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC INCOME | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 6231 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6231 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 6231 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6957193 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5425361 | RelatedOrExemptFunctionIncome |
| Exclusion | $706,873 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1191154 | Total |
| Program Services | 1191154 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 508084 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 508084 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3212309 | Total |
| Program Services | 2521417 | ProgramServices |
| Management And General | 584714 | ManagementAndGeneral |
| Fundraising | 106178 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227337 | Total |
| Program Services | 160549 | ProgramServices |
| Management And General | 58394 | ManagementAndGeneral |
| Fundraising | 8394 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 512919 | Total |
| Program Services | 393452 | ProgramServices |
| Management And General | 108146 | ManagementAndGeneral |
| Fundraising | 11321 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236829 | Total |
| Program Services | 170173 | ProgramServices |
| Management And General | 60180 | ManagementAndGeneral |
| Fundraising | 6476 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57353 | Total |
| Program Services | 34702 | ProgramServices |
| Management And General | 22651 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24150 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 24150 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24150 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 24150 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51619 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 51619 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96559 | Total |
| Program Services | 61518 | ProgramServices |
| Management And General | 35041 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15320 | Total |
| Program Services | 15320 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137577 | Total |
| Program Services | 120630 | ProgramServices |
| Management And General | 16947 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16917 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 16917 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ADMISSIONS | 101488 | 101488 | 0 | 0 |
| GENERAL EXPENSE | 194590 | 24235 | 170355 | 0 |
| DINING ROOM EXPENSE | 92405 | 92405 | 0 | 0 |
| CLASSROOM SUPPLIES | 231771 | 231771 | 0 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303927 | Total |
| Program Services | 80667 | ProgramServices |
| Management And General | 60411 | ManagementAndGeneral |
| Fundraising | 162849 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7236458 | Total |
| Program Services | 5199481 | ProgramServices |
| Management And General | 1741759 | ManagementAndGeneral |
| Fundraising | 295218 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400 | BOY |
| EOY | 400 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2118267 | BOY |
| EOY | 1305325 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65204 | BOY |
| EOY | 181700 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72611 | BOY |
| EOY | 90338 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 422243 | BOY |
| EOY | 273505 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67149 | BOY |
| EOY | 63221 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18857 | BOY |
| EOY | 15917 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71411 | BOY |
| EOY | 37678 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4478287 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3901056 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 461429 | BOY |
| EOY | 577231 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14220164 | BOY |
| EOY | 15391920 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32661 | BOY |
| EOY | 33653 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17550396 | BOY |
| EOY | 17970888 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 483704 | BOY |
| EOY | 482768 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 413581 | BOY |
| EOY | 369913 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11151 | BOY |
| EOY | 10913 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 908436 | BOY |
| EOY | 863594 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8452266 | BOY |
| EOY | 8881405 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 399443 | BOY |
| EOY | 389247 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7790251 | BOY |
| EOY | 7836642 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16641960 | BOY |
| EOY | 17107294 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17550396 | BOY |
| EOY | 17970888 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -279265 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 744599 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8360317 | BeginningOfYearBalance |
| Contributions | 223352 | Contributions |
| Investment Earnings Or Losses | 150378 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 125770 | GrantsOrScholarships |
| Other Expenditures | 211765 | OtherExpenditures |
| End Of Year Balance | 8396512 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8160383 | BeginningOfYearBalance |
| Contributions | 251523 | Contributions |
| Investment Earnings Or Losses | 82756 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 134345 | GrantsOrScholarships |
| End Of Year Balance | 8360317 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7869655 | BeginningOfYearBalance |
| Contributions | 27858 | Contributions |
| Investment Earnings Or Losses | 384491 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 121621 | GrantsOrScholarships |
| End Of Year Balance | 8160383 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7790852 | BeginningOfYearBalance |
| Contributions | 78803 | Contributions |
| Investment Earnings Or Losses | 120445 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 120445 | GrantsOrScholarships |
| End Of Year Balance | 7869655 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7519305 | BeginningOfYearBalance |
| Contributions | 483895 | Contributions |
| Investment Earnings Or Losses | -75513 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 136835 | GrantsOrScholarships |
| End Of Year Balance | 7790852 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.02000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.93000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.05000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 86443 | OtherCostOrOtherBasis |
| Book Value | 86443 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3484234 | OtherCostOrOtherBasis |
| Depreciation | 3242651 | Depreciation |
| Book Value | 241583 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18692 | OtherCostOrOtherBasis |
| Depreciation | 3738 | Depreciation |
| Book Value | 14954 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 871791 | OtherCostOrOtherBasis |
| Depreciation | 654667 | Depreciation |
| Book Value | 217124 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17127 | OtherCostOrOtherBasis |
| Book Value | 17127 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 577231 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Deposits | Description |
| Amount | $10,913 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10913 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 6510638 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 744599 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 744599 | RevenueNotRptdF990 |
| Revenue Subtotal | 5766039 | RevenueSubtotal |
| Other Revenues Not Included | 1191154 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1191154 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6957193 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6045304 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 6045304 | ExpensesSubtotal |
| Other Expenses Not Included | 1191154 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1191154 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7236458 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt XI Line 4b | School provided student financial aid |
| Pt XII Line 4b | School provided student financial aid |
| Pt V Line 4 | Permanently restricted endowment funds are to be held |
| INDEFINITELY, THE INCOME FROM WHICH IS EXPENDABLE TO FUND SCHOLARSHIPS AND FELLOWSHIPS IN THE DONORS' NAMES. BOARD DESIGNATED NET ASSETS ARE AVAILABLE AT THE DISCRETION OF THE BOARD IN THE AMOUNT OF $170,623. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Line 3 | THE BOSTON GLOBE, DECEMBER 4, 2011 |
| Line 5h |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Financial Aid | TypeOfGrant |
| Number Of Recipients | 49 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 1191154 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | Reduced tuition | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | Scholarship awards in the form of financial aid is given to students |
| based on financial need, acedemic performance, and diversity. For fiscal year 2013 | |
| 49 students received a scholarship award. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WILLIAM WHARTON | NamePerson |
| Base Compensation Filing Org | 228916 | BaseCompensationFilingOrg |
| Other Compensation Filing Org | 211122 | OtherCompensationFilingOrg |
| Nontaxable Benefits Filing Org | 35012 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 475050 | TotalCompensationFilingOrg |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WILLIAM WHARTON | NamePerson |
| Relationship With Organization | Headmaster | RelationshipWithOrganization |
| Purpose Of Loan | Housing and tuition | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $309,525 | OriginalPrincipalAmount |
| Balance Due | 273505 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 273505 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 195732 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Pt I Line 32b | Form 990 | The School uses Merrill Lynch to receive, sell and |
| Form 990 | forward proceeds from the sale of donated stock. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (17 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 11b | The Audit Committee and Treasurer review and approve the |
| Form 990 for filing. | |
| Pt VI, Line 12c | All Officers, Directors and Trustees are made aware of the |
| conflict of interest policy. | |
| Pt VI, Line 15a | The Headmaster's salary is determined by the Head's |
| compensation committee (which includes the Board Chair and | |
| Pt VI, Line 15b | Treasurer). All other salaries are reviewed and approved by |
| the Headmaster on an annual basis. All salary changes are | |
| based on cost of living adjustments and comparability | |
| data provided by the National Association of Independent | |
| Schools. | |
| Pt VI, Line 19 | All governing documents, conflict of interest policy, Form 990 |
| and Form PC are held in the Business office are are available | |
| upon request. | |
| Form 990EZ, Part II, Line 24 | ACCOUNTS RECEIVABLE - NET PLEDGES RECEIVABLE - NET OTHER RECEIVABLES INVENTORIES PREPAIDS INVESTMENTS INTEREST RECEIVABLE |
| Form 990EZ, Part II, Line 26 | ACCOUNTS PAYABLE & ACCRUED EXPENSES DEFERRED REVENUE KEYCARD DEPOSITS |
| Form 990, Part IX, Line 24f | OTHER EXPENSES 24858. 0. 24858. 0. FUNDRAISING 162849. 0. 0. 162849. REPAIRS AND MAINTENANCE 80667. 80667. 0. 0. BAD DEBTS 35553. 0. 35553. 0. |
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