2014-05-08T10:46:07-05:00 2013-06-30 042943536 Tonneson & Company Inc 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2012-07-01 237068067 LITTLE PEOPLE'S SCHOOL INC LITT 6179653877 1507 WASHINGTON STREET WEST NEWTON MA 02465 DAVID MORRISSETTE 6179653877 2014-05-06 1 Cynthia P Almquist P01309212 7812459999 2014-05-05 2012 2015-11-30 17:44:51Z David Morrissette 1507 Washington Street West Newton MA 02465 11231579 0 X LearningPrep.org X 1970 MA Learning Prep School is an innovative educational and therapeutic school for students with language and learning challenges. Understanding that language skills are the basis for all learning, LPS's unique curriculum integrates the teaching of language skills in all subjects. 7 7 163 15 0 0 246571 372278 10402258 10850260 -5888 941 6177 4535 10649118 11228014 207983 0 0 0 8017057 8435345 0 0 2312 1824673 2133988 10049713 10569333 599405 658681 1566999 2425988 2833130 3033438 -1266131 -607450 X Learning Prep School is an innovative educational and therapeutic school for students with language and learning challenges. Understanding that language skills are the basis for all learning, LPS's unique curriculum integrates the teaching of language skills in all subjects. 0 0 9180792 0 10850260 The School provides educational services to special needs students with language and learning disabilities. Enrollment is comprised of approximately 275 students from approximately 100 Massachusetts communities. 9180792 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 163 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X DAVID MORRISSETTE 6179650764 1507 WASHINGTON STREET West Newton MA 02465 Donald Freedman 8.00 X 0 0 0 Jane Wolfson 5.00 X 0 0 0 Charlie Breslin 5.00 X 0 0 0 Jean Raymond 5.00 X 0 0 0 Jeffrey Pickar 5.00 X 0 0 0 Marcia Robinson 5.00 X 0 0 0 Mark Farrell 5.00 X 0 0 0 Cynthia DeAngelis 40.00 X 72619 0 1128 Joan Foster 40.00 X 95457 0 8621 David Morrissette 40.00 X 0 0 0 Rita McDonough 40.00 X 91402 0 19470 259478 0 29219 0 1 0 0 Krokidas & Bluestein LLP 600 Atlantic Avenue Boston MA 02210 Legal Services 131257 Clark Hunt Ahern & Embry 150 Cambridgepark Dr Suite 901 Cambridge MA 02140 Legal Services 114192 2 12496 359782 372278 EDUCATIONAL SERVICES 611110 10720826 10720826 129434 129434 10850260 941 941 8100 3565 4535 4535 11228014 10850260 0 5476 218517 218517 6609034 6390049 218985 962186 891090 71096 645608 605061 40547 63446 63446 134657 134657 29636 29636 242467 242467 820840 751021 69819 29240 29240 23715 23715 80502 80502 34498 32222 2276 Repairs and Maintenance 163034 163034 Supplies 143477 143477 Food and Meals 41683 41683 Late fees 11231 11231 315562 53413 259837 2312 10569333 9180792 1386229 2312 830968 1248156 273713 515569 321823 303946 8768 22329 2258541 1922553 131727 335988 1566999 2425988 248616 473533 8441 0 2576073 2559905 2833130 3033438 X -1266131 -617450 10000 -1266131 -607450 1566999 2425988 658681 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 907671 691498 216173 1321560 1201745 119815 29310 29310 0 335988 Accrued payroll 1022440 Accrued taxes 120484 Other accrued expenses 349550 Deferred income 144836 Accrued accounting fees 26500 Accrued health insurance benefit 42734 Due to Commonwealth of MA 853361 2559905 X 11231579 3565 3565 11228014 0 11228014 10572898 3565 3565 10569333 0 10569333 Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: In determining the recognition of uncertain tax positions, the School now applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of June 30, 2013, the School has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Fundraising expenses 3,565. Part XII, Line 2d - Other Adjustments: Fundraising expenses 3,565. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 The School's racial nondiscriminatory policy is published in a newspaper. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Numerous cities and towns pay the school to educate students from their districts. 1 0 0 0 0 0 0 0 0 0 Cynthia DeAngelis 72619 0 0 0 0 0 0 0 1128 0 73747 0 0 0 Joan Foster 95457 0 0 0 0 0 0 0 8621 0 104078 0 0 0 Rita McDonough 91402 0 0 0 0 0 0 0 19470 0 110872 0 0 0 Form 990, Part VI, Section B, line 11 The 990 is prepared by the organization's independent auditor and is reviewed by the CFO. Form 990, Part VI, Section B, line 12c All board members are required to review the conflict of interest policy and sign off on an annual basis. Additionally, the Business Office reviews all business relationships to ensure that there are no conflicts of interest with key employees or trustees. Form 990, Part VI, Section C, line 19 All Financial Documents are available from the Massachussets Operational Services Division (OSD) UFR eFiling System: http://ufr.osd.state.ma.us/ Governing Documents may be obtained by visiting the school during normal visiting hours.