2014-03-06T13:48:28-06:00 2013-06-30 134260189 BOISSELLE MORTON & ASSOCIATES LLP 48 BAY ROAD PO BOX 374 HADLEY MA 01035 990 2012-07-01 042724993 THE ACADEMY AT CHARLEMONT INC ACAD 4133394912 ROUTE 2 MOHAWK TRAIL CHARLEMONT MA 01339 BRUCE LESSELS 4133394912 2014-02-20 1 JOSEPH P WOLKOWICZ CPA P00734754 4135870099 2012 2015-11-30 17:44:51Z DAVID EPSTEIN ROUTE 2 MOWHAWK TRAIL CHARLEMONT MA 01339 2733286 0 X CHARLEMONT.ORG X 1981 MA INDEPENDENT SECONDARY COLLEGE PREPARATORY SCHOOL. 13 12 53 50 0 0 205698 263346 2668833 2437464 4939 13379 10290 13982 2889760 2728171 1060806 983434 0 0 1224432 1292017 0 0 100009 688716 573394 2973954 2848845 -84194 -120674 3006718 2913522 1494010 1536528 1512708 1376994 X THE ACADEMY AT CHARLEMONT MAKES A CLASSICAL, ACADEMIC EDUCATION AVAILABLE TO CHILDREN FROM THE TOWNS OF WESTERN MASSACHUSETTS. THE ACADEMY SEEKS TO GRADUATE YOUNG MEN AND WOMEN PREPARED TO BE SUCCESSFUL AS COLLEGE STUDENTS AND AS CITIZENS. WE EMPHASIZE CLEAR, ORIGINAL THINKING THAT IS EXPRESSED WITH PRECISION, CLARITY, AND GRACE, WE STRIVE TO SHOW THE CONNECTION AMONG PEOPLES, PLACES, AND AREAS OF INQUIRY THROUGH INTER-DISCIPLINARY LEARNING. THE ACADEMY COMMUNITY IS FOUNDED ON THE VALUES OF SELF-RELIANCE, INDUSTRY, INTEGRITY, AND COMPASSION; THOSE VALUES ARE REFLECTED CLEARLY IN THE HONOR CODE AND ARE NURTURED THROUGH OUR SYSTEM OF SELF-GOVERNMENT. 0 0 2358225 983434 2437464 PROVIDED CO-EDUCATIONAL, COLLEGE-PREPARATORY DAY SCHOOL EDUCATION FOR 100 STUDENTS IN GRADES SEVEN THROUGH TWELVE. 2358225 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 53 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X JOHN BALDWIN 4133394912 ROUTE 2 CHARLEMONT MA 01339 WAVERLEY ENGELMAN 2.00 X 0 0 0 CHRIS FARLEY 2.00 X 0 0 0 MOLLY GAYTON 2.00 X 0 0 0 BO PEABODY 2.00 X 0 0 0 CORNELIA REID 2.00 X 0 0 0 JAKA SAARONY 2.00 X 0 0 0 OLIVER STEBICH 2.00 X 0 0 0 BEN THOMPSON 2.00 X 0 0 0 ELINOR TODD 2.00 X 0 0 0 DAVID EPSTEIN 3.00 X X 0 0 0 BRUCE LESSELS 2.00 X X 0 0 0 PETER STEVENS 1.00 X X 0 0 0 MARK EFINGER 40.00 X X 48889 0 0 JOHN BALDWIN 40.00 X 61496 0 6718 110385 0 6718 0 0 0 0 0 263346 263346 TUITION 900099 2237200 2237200 STUDENT FEES/SERVICES 900099 200264 200264 2437464 13379 13379 18246 2363 15883 15883 851 2752 -1901 -1901 2728171 2437464 0 27361 983434 983434 227343 173069 54274 892106 809946 53053 29107 96290 79686 15337 1267 76278 56456 13540 6282 4123 4123 12205 12205 28806 28806 15640 15640 54873 54873 6376 1195 5181 40967 40753 214 73349 73349 25513 25513 ACADEMIC DEPARTMENT 68578 68578 TRANSPORTATION 65525 65525 ADMISSIONS 34594 34594 VEHICLES 33586 33586 109259 75204 24976 9079 2848845 2358225 390611 100009 79653 100596 43992 7949 251807 260898 34719 24634 8100 7125 23954 18787 3095307 922748 2254450 2172559 148799 199064 161244 121910 3006718 2913522 100061 161972 1133771 1118355 260178 256201 1494010 1536528 X 965178 814033 4587 10737 542943 552224 1512708 1376994 3006718 2913522 X -120674 -3019 -12021 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 542943 12300 -3019 552224 566706 1950 2037 27750 542943 558640 4300 3766 566706 535281 19354 4005 558640 288638 250000 -3357 535281 1.00000 0 0 602044 602044 1798500 639987 1158513 449359 73035 376324 90104 60726 29378 155300 149000 6300 2172559 PREPAID TUITION AND FEES 119223 DUE TO ENDOWMENT 121910 DUE TO OTHERS 15068 256201 X 1746833 -3019 -983434 -986453 2733286 -5115 -5115 2728171 1882547 17136 17136 1865411 983434 983434 2848845 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: PROFESSIONAL ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, CLASSIFICATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THEY REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATION'S TAX EXEMPT STATUS. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AND, THEREFORE, NO LIABILITY HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE ACADEMY'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE. THE ACADEMY'S OPEN AUDIT PERIODS ARE 2010-2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -983,434. PART XI, LINE 4B - OTHER ADJUSTMENTS: TEXTBOOK AND CLOTHING COST OF SALES -2,752. AUCTION EXPENSES -2,363. PART XII, LINE 2D - OTHER ADJUSTMENTS: TEXTBOOKS AND CLOTHING COST OF SALES 2,752. AUCTION EXPENSES 2,363. LOSS ON DISPOSAL OF EQUIPMENT 12,021. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 983,434. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 OUR RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ALL OUR ADVERTISEMENTS AND PROMOTIONAL MATERIALS. AUCTION 18246 18246 2363 18246 18246 2363 2363 15883 1 NEED-BASED FINANCIAL AID TO OVER HALF OF OUR STUDENTS. 79 983434 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PROVIDES NEED-BASED FINANCIAL AID GRANTS TO STUDENTS. THE ORGANIZATION REQUIRES APPLICATIONS FOR FINANCIAL AID. THE APPLICATIONS ARE REVIEWED, APPROVED, AND MAINTAINED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE BUSINESS MANAGER AND HEADMASTER MONITOR COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE HEADMASTER'S (CEO'S) COMPENSATION IS DETERMINED ANNUALLY BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, AS PER THE LETTER OF AGREEMENT BOTH PARTIES HAVE SIGNED. COMPARABILITY DATA ARE USED IN SETTING COMPENSATION FOR THE HEADMASTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF EQUIPMENT -12,021. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S FINANCIAL STATEMENT OVERSIGHT PROCESS AND SELECTION OF THE INDEPENDENT ACCOUNTANT PROCESS HAVE NOT CHANGED DURING THE YEAR.