COMPASS SCHOOL INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COMPASS SCHOOL INC (EIN 03-0357755)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-01-24
- IRS object ID
- 201430249349300503
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-01-24T07:57:16-06:00 | 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 | BUSINESS & TAX CONSULTANTS INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 87 HIGH ST STE 101 | AddressLine1 |
| City | BRATTLEBORO | City |
| State | VT | State |
| ZIP Code | 053016066 | 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 | 030357755 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMPASS SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COMP | NameControl |
| Phone | 8024632525 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 177 | AddressLine1 |
| City | WESTMINSTER STA | City |
| State | VT | State |
| ZIP Code | 05159 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MATTHEW PEAKE | Name |
| Title | PRESIDENT | Title |
| Phone | 8024632525 | Phone |
| Date Signed | 2013-12-17 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA A TAYLOR | Name |
| Phone | 8022579226 | Phone |
| Date Prepared | 2014-01-04 | 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) |
|---|---|---|
| Gross Receipts | 1155405 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.COMPASS-SCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 39 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 69051 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 68994 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1142292 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1086034 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3071 | InvestmentIncomePriorYear |
| Investment Income Current Year | 377 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 748 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1215162 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1155405 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 711335 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 700836 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 438809 | OtherExpensePriorYear |
| Other Expenses Current Year | 394228 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1150144 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1095064 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 65018 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 60341 | RevenuesLessExpensesCY |
| Total Assets BOY | 575326 | TotalAssetsBOY |
| Total Assets EOY | 650768 | TotalAssetsEOY |
| Total Liabilities BOY | 518777 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 533904 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 56549 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 116864 | NetAssetsOrFundBalancesEOY |
| Mission Description | EDUCATION | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 150157 | Expense |
| Description | 28 SCHOLARSHIPS WERE AWARDED TO STUDENTS DEMONSTRATING FINANCIAL NEED IN AN EFFORT TO MAINTAIN A DIVERSE STUDENT POPULATION | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 671120 | Expense |
| Description | COMPASS SCHOOL SERVES 80 STUDENTS IN GRADES 7-12 | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 821277 | 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 | false | 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 | false | 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 | false | GrantsToIndividuals |
| Schedule J Required | false | 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 | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | 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 |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 39 | 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 |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | 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 | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMPASS SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8024632525 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 177 | AddressLine1 |
| Address Line2 | ROUTE 5 | AddressLine2 |
| City | WESTMINSTER | City |
| State | VT | State |
| ZIP Code | 05159 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| KAREN HENNIGAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| THOMAS HENNIGAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| WILSON SCHREIBER | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DARLENE KELLY | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| BILLY DONOVAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOCELYN PEKNIK | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JAN MCGONAGLE | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| EADDY SUTTON | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DEAN DORMAN | ||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |
| ERIC RHOMBERG | ||||||
| SECRETARY | 2.00 | 56685 | 0 | 0 | X | |
| MATTHEW PEAKE | ||||||
| PRESIDENT | 2.00 | 0 | 0 | 0 | X | |
| THOMAS LOWELL | ||||||
| TREASURER | 2.00 | 0 | 0 | 0 | X | |
| LINDA QUIMBY | ||||||
| VICE PRESIDE | 2.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 56685 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 68994 | AllOtherContributions |
| Total Contributions | 68994 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| HIGH SCHOOL TUITION | 496303 | 496303 |
| MIDDLE SCHOOL TUITION | 426452 | 426452 |
| SPECIAL ED REVENUE | 89860 | 89860 |
| HOT LUNCH FUNDS | 33154 | 33154 |
| TUITION INSURANCE | 18426 | 18426 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21839 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21839 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1086034 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 377 | TotalRevenueColumn |
| Exclusion | $377 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1155405 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1086034 | RelatedOrExemptFunctionIncome |
| Exclusion | $377 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563121 | Total |
| Program Services | 437973 | ProgramServices |
| Management And General | 125148 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94658 | Total |
| Program Services | 94658 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43057 | Total |
| Program Services | 43057 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303 | Total |
| Management And General | 303 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 597 | Total |
| Management And General | 597 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162 | Total |
| Management And General | 162 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7300 | Total |
| Program Services | 7300 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31535 | Total |
| Management And General | 31535 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26532 | Total |
| Management And General | 26532 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18407 | Total |
| Program Services | 18407 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19740 | Total |
| Program Services | 5382 | ProgramServices |
| Management And General | 14358 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SCHOLARSHIPS | 150157 | 150157 | |
| HOT LUNCH EXPENSE-FOOD | 24828 | 24828 | |
| STUDENT ACTIVITIES EXP | 22893 | 22893 | |
| COMPUTER TECHNOLOGY SUPP | 10656 | 10656 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81118 | Total |
| Program Services | 30794 | ProgramServices |
| Management And General | 50324 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1095064 | Total |
| Program Services | 821277 | ProgramServices |
| Management And General | 273787 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109616 | BOY |
| EOY | 119450 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56690 | BOY |
| EOY | 65124 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 5836 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 676250 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 215892 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 409020 | BOY |
| EOY | 460358 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 575326 | BOY |
| EOY | 650768 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1386 | BOY |
| EOY | 4283 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15951 | BOY |
| EOY | 15871 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35500 | BOY |
| EOY | 35500 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 373142 | BOY |
| EOY | 397152 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92798 | BOY |
| EOY | 81098 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 518777 | BOY |
| EOY | 533904 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56549 | BOY |
| EOY | 116864 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56549 | BOY |
| EOY | 116864 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 575326 | BOY |
| EOY | 650768 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 60341 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -26 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Federal Grant Audit Required | false | 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
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39875 | OtherCostOrOtherBasis |
| Book Value | 39875 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 401145 | OtherCostOrOtherBasis |
| Depreciation | 118069 | Depreciation |
| Book Value | 283076 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77658 | OtherCostOrOtherBasis |
| Depreciation | 69017 | Depreciation |
| Book Value | 8641 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 46453 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 111119 | OtherCostOrOtherBasis |
| Depreciation | 28806 | Depreciation |
| Book Value | 128766 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 460358 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| BSL | $54,954 |
| EMPLOYEE BENEFIT LIABILITIES | $21,106 |
| CAPITAL ONE | $2,732 |
| BUDGET CARRYOVER | $949 |
| PAYROLL LIABILITIES | $857 |
| DONATED PROPERTY | $500 |
| ACCRUED P/R & TAX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 81098 | TotalOfAmounts |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION | Identifier |
| Return Reference | SCHEDULE E LINE 3 | ReturnReference |
| Explanation | FOUND ON WEBSITE AS PART OF APPLICATION DOCUMENTS | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (6 entries)
| Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| THOMAS LOWELL | ||||||
| CASH FLOW INVESTMENT | X | $20,000 | 15000 | false | false | false |
| ELAINE GORDON | ||||||
| SCHOOL STARTUP INVESTMENT | X | $8,000 | 8000 | false | false | false |
| MATTHEW PEAKE | ||||||
| CASH FLOW INVESTMENT | X | $5,000 | 5000 | false | false | false |
| FREDERICK GORDON | ||||||
| START UP INVESTMENT | X | $4,000 | 4000 | false | false | false |
| LAURIE INDENBAUM | ||||||
| SCHOOL START UP INVESTMENT | X | $2,500 | 2500 | false | false | false |
| KAREN AUGUSTA | ||||||
| SCHOOL START UP INVESTMENT | X | $1,000 | 1000 | false | false | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 35500 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| ERIC RHOMBERG | ||
| BOARD SECRETARY | TEACHER/EMPLOYEE | false |
| MATTHEW PEAKE | ||
| BOARD PRESIDENT | LOANED MONEY TO ORG. | false |
| THOMAS LOWELL | ||
| BOARD TREASURER | LOANED MONEY TO ORG. | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE L PART V | ReturnReference |
| Explanation | ERIC RHOMBERG CURRENT BOARD SECRETARY IS A TEACHER EMPLOYEE RECEIVING A W2 FORM AT YEAR END THOMAS LOWELL CURRENT BOARD TREASURER HAS AN OUTSTANDING PROMISSORY NOTE WITH COMPASS SCHOOL HAVING LOANED THE SCHOOL 5000 MATTHEW PEAKE CURRENT BOARD PRESIDENT HAS AN OUTSTANDING PROMISSORY NOTE WITH COMPASS SCHOOL HAVING LOANED THE SCHOOL 15000 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | KAREN HENNIGAN THOMAS HENNIGAN BOARD MEMBER BOARD MEMBER HUSBAND/ WIFE JAN MCGONAGLE DEAN DORMAN BOARD MEMBER BOARD MEMBER HUSBAND/WIFE |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 RETURN IS AVAILABLE TO THE PUBLIC ON REQUEST. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | EVALUATIONS/ COMPENSATION REVIEW IS DONE BY THE BOARD AT EACH YEAR END. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | EVALUATION/ COMPENSATION IS REVIEWED BY THE BOARD. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE -26 |
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