2014-11-13T12:48:21-06:00 2014-06-30 455281892 CURTIS P PATALANO CPA LLC 137 SCHOOL STREET FRANKLIN MA 020382015 990 2013-07-01 042668765 MONTROSE FOUNDATION INC MONT 5083592423 29 NORTH STREET MEDFIELD MA 02052 GORDON RINGER BUSINESS MANAGER 5083592423 2013-09-30 1 DENISE M SMITH CPA P01476230 5085280260 2014-10-20 2013 2015-11-30 17:44:51Z GORDON RINGER 29 NORTH STREET MEDFIELD MA 02052 8022490 0 X WWW.MONTROSESCHOOL.ORG X 1978 MA TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNATION OF A RICH LIBERAL ARTS CURRICULUM, PERSONAL CHARACTER FORMATION, AND COLLABORATION WITH PARENTS, EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON. 8 2 82 50 -23834 -23834 2737813 2023465 3388920 3606662 4989 21750 151841 188953 6283563 5840830 0 0 0 0 2268635 2503403 0 0 0 1576130 1601267 3844765 4104670 2438798 1736160 15219185 16620778 5910602 5558228 9308583 11062550 X TO EDUCATE YOUNG WOMEN TO PURSUE THE TRUTH IN ALL THEY DO. BUILT ON THE FOUNDATION OF A RICH LIBERAL ARTS CURRICULUM, PERSONAL CHARACTER FORMATION, AND COLLABORATION WITH PARENTS, EACH STUDENT IS CHALLENGED TO CULTIVATE INTELLECT, CHARACTER, LEADERSHIP, SERVICE, FAITH AND REASON. 0 0 3935934 3684968 THE EDUCATION AND DEVELOPMENT OF LOCAL, NATIONAL, AND INTERNATIONAL YOUNG WOMEN FROM GRADES 6-12. 3935934 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 82 1 1 1 0 0 0 0 0 0 0 X 8 2 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 MA X GORDON RINGER 5083592423 29 NORTH STREET MEDFIELD MA 02052 NEIL JACOB CHAIRMAN 10.00 X 0 0 0 WILLIAM BOWMAN TRUSTEE 10.00 X 0 0 0 DONNA FERNANDES TRUSTEE 10.00 X 0 0 0 MICHAEL MARCUCCI TRUSTEE 10.00 X 0 0 0 KELLY MELLEY TRUSTEE 10.00 X 0 0 0 WILLIAM NOONAN TRUSTEE 10.00 X 0 0 0 MARGARET ROWAN TRUSTEE 10.00 X 0 0 0 CAROL SENNOTT TRUSTEE 10.00 X 0 0 0 KAREN BOHLIN HEAD OF SCHOOL 40.00 X 96367 0 0 GORDON RINGER BUSINESS MANAGER 40.00 X 60000 0 0 156367 0 0 0 0 0 0 ROBERT OLSON & ASSOCIATES 374 CONGRESS STREET BOSTON MA 02210 ARCHITECTURE 162544 1 2023465 2023465 TUITION 611600 3606662 3606662 3606662 18907 18907 81779 105613 -23834 -23834 -23834 2078890 2076047 2843 2843 2843 156231 0 156231 156231 OTHER INCOME 900099 56556 56556 56556 5840830 3684968 -23834 156231 156367 156367 2149356 2149356 280 280 197400 197400 65 65 8000 8000 4304 4304 35770 35770 100301 100301 50753 50753 294029 294029 152676 152676 306593 306593 270053 270053 GENERAL AND ADMINISTRAT 155612 155612 STUDENT ACTIVITIES 112332 112332 EDUCATION 37145 37145 BAD DEBT EXPENSE 28386 28386 45248 45248 4104670 3935934 168736 0 678152 543595 18527306 2769735 12303288 15757571 2237745 307096 0 12516 15219185 16620778 1121082 989595 4755025 4484486 34495 84147 5910602 5558228 X 9308583 11062550 9308583 11062550 15219185 16620778 1736160 17807 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1943713 1943713 6740539 1514929 5225610 4906710 813733 4092977 240038 196310 43728 4696306 244763 4451543 15757571 PAYROLL TAXES PAYABLE 5723 LEASE DEPOSITS 6227 OTHER CURRENT LIABILITIES 72197 84147 X 5908291 17806 99655 117461 5790830 50000 50000 5840830 4263791 159121 159121 4104670 0 4104670 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD, WHICH REQUIRES THE ORGANIZATION TO REPORT CERTAIN UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2014, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE OF $105,613 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF ($5,958) PART XI, LINE 4B - OTHER ADJUSTMENTS: HOST FAMILY CHARGES OF $50,000 PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE OF $105,613 TO REDUCE RENTAL INCOME ACCRUAL TO CASH ADJUSTMENT OF $53,508 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ABOVE POLICIES ARE MADE KNOWN DURING THE REGISTRATION PROCESS. MOMS AUCTION 156231 156231 156231 156231 156231 FORM 990, PART VI, SECTION A, LINE 1 ALL BOARD MEETINGS ARE PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATIONS MEMEBERS ARE MADE UP OF THE ORIGINAL INCORPORATORS, TRUSTEES AND OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER TRUSTEES AND OFFICERS OF THE GOVERNING BODY ARE NOMINATED AND ELECTED BY OTHER MEMBERS AND TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING BODY DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL MEETINGS ARE PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11 THE DETAILS OF FORM 990 ARE LEFT UP TO THE FINANCIAL OFFICER AS STATED IN THE ORGANIZATIONS BYLAWS. FORM 990, PART VI, SECTION B, LINE 12C ANY BOARD MEMBER WHO RECEIVES A WRITTEN INQUIRY, COMPLAINT, OR SUGGESTION SHALL PRESENT IT BEFORE THE BOARD AT THE NEXT BOARD MEETING. AFTER AN INQUIRY, COMPLAINT OR SUGGESTION HAS BEEN HEARD BY THE BOARD AND IF IT IS FOUND TO BE OF MERIT, ANY ACTION TAKEN SHALL BE BY APPROVAL BY THE VOTE OF THE BOARD. IF THE MATTER IS FOUND TO BE WITHOUT MERIT, OR IT THE BOARD VOTES TO TABLE OR DISMISS THE ISSUE, THE PETITIONER SHALL BE NOTIFIED OF THE OUTCOME IN WRITING BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.