TOWER SCHOOL IN MARBLEHEAD INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TOWER SCHOOL IN MARBLEHEAD INC (EIN 04-2105750)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201441349349304304
- Schema version
- 2012v2.1
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T12:54:43-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111986323 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 53 STATE STREET FLOOR 38 | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02109 | 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 | 042105750 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOWER SCHOOL IN MARBLEHEAD INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TOWE | NameControl |
| Phone | 7816315800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST SHORE DRIVE | AddressLine1 |
| City | MARBLEHEAD | City |
| State | MA | State |
| ZIP Code | 01945 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEAN SIDELL | Name |
| Title | TREASURER | Title |
| Phone | 7816315800 | Phone |
| Date Signed | 2014-05-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARRY CHAIT | Name |
| PTIN | P01452996 | PTIN |
| Phone | 6177429666 | Phone |
| 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 | PETER S PHILIP | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST SHORE DRIVE | AddressLine1 |
| City | MARBLEHEAD | City |
| State | MA | State |
| ZIP Code | 01945 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9756968 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.TOWERSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1912 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | PRE-K TO GRADE 8 EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 159 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1816898 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 956466 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7328761 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7525952 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 167112 | InvestmentIncomePriorYear |
| Investment Income Current Year | 213237 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 98260 | OtherRevenuePriorYear |
| Other Revenue Current Year | 158620 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9411031 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8854275 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1422867 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1587391 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5085376 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5161666 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 79058 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 59397 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 556295 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1967279 | OtherExpensePriorYear |
| Other Expenses Current Year | 2431764 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8554580 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9240218 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 856451 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -385943 | RevenuesLessExpensesCY |
| Total Assets BOY | 18120362 | TotalAssetsBOY |
| Total Assets EOY | 17825226 | TotalAssetsEOY |
| Total Liabilities BOY | 8459744 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8403278 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9660618 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9421948 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TOWER SCHOOL AIMS TO SPARK A LIFELONG LOVE OF LEARNING IN OUR STUDENTS BY PROVIDING A STIMULATING EDUCATION IN A SUPPORTIVE ENVIRONMENT. WE ENCOURAGE CHILDREN TO STRIVE FOR PERSONAL LEVELS OF EXCELLENCE AND TO DEVELOP FULLY ACROSS A BROAD RANGE OF ACADEMIC, PHYSICAL, CREATIVE, AND SOCIAL ENDEAVORS. TOWER SEEKS TO NOURISH A SPIRIT OF INQUIRY, TO IMPART AN APPROPRIATE BODY OF KNOWLEDGE, TO SET HIGH STANDARDS, TO INSTILL STRONG LEARNING HABITS, AND TO HELP STUDENTS BECOME SECURE IN THEMSELVES WHILE RESPECTING THE DIGNITY OF OTHERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6883506 | Expense |
| Grants | 1587391 | Grants |
| Revenue | 7584141 | Revenue |
| Description | EDUCATED 292 STUDENTS, GRADUATED 37 STUDENTS AND PLACED THEM IN NUMEROUS QUALITY PUBLIC AND PRIVATE SECONDARY SCHOOLS. | Description |
| Total Program Service Expense | 6883506 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 159 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER S PHILIP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7816315800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 WEST SHORE DRIVE | AddressLine1 |
| City | MARBLEHEAD | City |
| State | MA | State |
| ZIP Code | 01945 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PRISCILLA SAVAGE | ||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 |
| WILLIAM GRINNELL | ||||||
| CHAIRPERSON | 1.00 | X | X | 0 | 0 | 0 |
| JAMES POLK | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| TRACY BEST | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EDYTHE BAKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN CHENEY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KENNETH CHICOS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| NATHANIEL DALTON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LEILA BLODGETT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LORI JENKINS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EMILY LOPEZ | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ANDREA MCEACHERN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| VONDA RAISIDES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KEVIN WALKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BELINDA TERMEER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| GABRIELLE ROGERS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PETER SORENSEN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ROBERT LANG | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SUSAN LIVINGSTON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DAWN MAYLE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| DONALD SOUTER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER STAFFORD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PETER S PHILIP | ||||||
| HEAD OF SCHOOL | 60.00 | X | 284261 | 0 | 49884 | |
| DEAN A SIDELL | ||||||
| BUSINESS MGR | 60.00 | X | 158979 | 0 | 19718 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 443240 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 69602 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ACHIEVE RENEWABLE ENERGY LLC | |||||
| 100 CUMMINGS CENTER 229 | BEVERLY | MA | 01915 | ENERGY | 136994 |
| STAR CONSTRUCTION COMPANY | |||||
| 49 MAIN STREET | WEST NEWBURY | MA | 01985 | CONSTRUCTION | 103100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 24430 | FundraisingEvents |
| All Other Contributions | 932036 | AllOtherContributions |
| Noncash Contributions | 29192 | NoncashContributions |
| Total Contributions | 956466 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 7151384 | 7151384 |
| SUMMER PROGRAM | 611600 | 374568 | 374568 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7525952 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 130371 | TotalRevenueColumn |
| Exclusion | $130,371 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 155567 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 64107 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 91460 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91460 | TotalRevenueColumn |
| Exclusion | $91,460 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 879119 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 796253 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 82866 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 82866 | TotalRevenueColumn |
| Exclusion | $82,866 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 51304 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 24430 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 42333 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8971 | TotalRevenueColumn |
| Exclusion | $8,971 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 58189 | TotalRevenueColumn |
| Related Or Exempt Function Income | 58189 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 58189 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8854275 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7584141 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $313,668 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1587391 | Total |
| Program Services | 1587391 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 415068 | Total |
| Management And General | 375351 | ManagementAndGeneral |
| Fundraising | 39717 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3701538 | Total |
| Program Services | 3251911 | ProgramServices |
| Management And General | 243986 | ManagementAndGeneral |
| Fundraising | 205641 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193760 | Total |
| Program Services | 156140 | ProgramServices |
| Management And General | 32778 | ManagementAndGeneral |
| Fundraising | 4842 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 550728 | Total |
| Program Services | 397294 | ProgramServices |
| Management And General | 143206 | ManagementAndGeneral |
| Fundraising | 10228 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300572 | Total |
| Program Services | 203230 | ProgramServices |
| Management And General | 80734 | ManagementAndGeneral |
| Fundraising | 16608 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5473 | Total |
| Management And General | 5473 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25541 | Total |
| Management And General | 25541 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59397 | Total |
| Fundraising | 59397 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21369 | Total |
| Management And General | 21369 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45715 | Total |
| Management And General | 45715 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127473 | Total |
| Program Services | 75538 | ProgramServices |
| Management And General | 28986 | ManagementAndGeneral |
| Fundraising | 22949 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188312 | Total |
| Program Services | 110394 | ProgramServices |
| Management And General | 77918 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447605 | Total |
| Program Services | 187060 | ProgramServices |
| Management And General | 260545 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70956 | Total |
| Program Services | 70956 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 471458 | Total |
| Program Services | 424951 | ProgramServices |
| Management And General | 46507 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42718 | Total |
| Management And General | 42718 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 283604 | 39782 | 52513 | 191309 |
| STUDENT ACTIVITIES | 275849 | 275849 | ||
| PLEDGE BAD DEBT | 166335 | 166335 | ||
| SUMMER PROGRAM | 70853 | 70853 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188503 | Total |
| Program Services | 32157 | ProgramServices |
| Management And General | 150742 | ManagementAndGeneral |
| Fundraising | 5604 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9240218 | Total |
| Program Services | 6883506 | ProgramServices |
| Management And General | 1800417 | ManagementAndGeneral |
| Fundraising | 556295 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 889574 | BOY |
| EOY | 1652129 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 550352 | BOY |
| EOY | 236152 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1319632 | BOY |
| EOY | 1288723 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 257626 | BOY |
| EOY | 193586 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 239947 | BOY |
| EOY | 216746 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 14574840 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5317700 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9516034 | BOY |
| EOY | 9257140 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5299264 | BOY |
| EOY | 4936039 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47933 | BOY |
| EOY | 44711 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18120362 | BOY |
| EOY | 17825226 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 466274 | BOY |
| EOY | 83100 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3079575 | BOY |
| EOY | 2959682 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3414309 | BOY |
| EOY | 3302785 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1492855 | BOY |
| EOY | 1440424 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6731 | BOY |
| EOY | 617287 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8459744 | BOY |
| EOY | 8403278 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9497869 | BOY |
| EOY | 9410085 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150886 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11863 | BOY |
| EOY | 11863 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9660618 | BOY |
| EOY | 9421948 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18120362 | BOY |
| EOY | 17825226 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -385943 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 147273 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | 0 | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5712685 | BeginningOfYearBalance |
| Contributions | 10935 | Contributions |
| Investment Earnings Or Losses | 262597 | InvestmentEarningsOrLosses |
| Other Expenditures | 250000 | OtherExpenditures |
| End Of Year Balance | 5736217 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5882303 | BeginningOfYearBalance |
| Contributions | 139231 | Contributions |
| Investment Earnings Or Losses | -74536 | InvestmentEarningsOrLosses |
| Other Expenditures | 234313 | OtherExpenditures |
| End Of Year Balance | 5712685 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5589739 | BeginningOfYearBalance |
| Contributions | 191071 | Contributions |
| Investment Earnings Or Losses | 335806 | InvestmentEarningsOrLosses |
| Other Expenditures | 234313 | OtherExpenditures |
| End Of Year Balance | 5882303 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5744965 | BeginningOfYearBalance |
| Contributions | 277736 | Contributions |
| Investment Earnings Or Losses | 58933 | InvestmentEarningsOrLosses |
| Other Expenditures | 491895 | OtherExpenditures |
| End Of Year Balance | 5589739 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1929002 | BeginningOfYearBalance |
| Contributions | 4032269 | Contributions |
| Investment Earnings Or Losses | -216306 | InvestmentEarningsOrLosses |
| End Of Year Balance | 5744965 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.99790 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00210 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1910552 | OtherCostOrOtherBasis |
| Book Value | 1910552 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12146300 | OtherCostOrOtherBasis |
| Depreciation | 4916145 | Depreciation |
| Book Value | 7230155 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 444621 | OtherCostOrOtherBasis |
| Depreciation | 364527 | Depreciation |
| Book Value | 80094 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73367 | OtherCostOrOtherBasis |
| Depreciation | 37028 | Depreciation |
| Book Value | 36339 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9257140 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCRUED EXPENSES | Description |
| Amount | $617,287 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 617287 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 7520597 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 147273 | NetUnrealizedGainsInvestments |
| Other Revenues | -1587391 | OtherRevenues |
| Revenue Not Rptd F990 | -1440118 | RevenueNotRptdF990 |
| Revenue Subtotal | 8960715 | RevenueSubtotal |
| Other Revenues Not Included | -106440 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -106440 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8854275 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7759267 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 106440 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 106440 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7652827 | ExpensesSubtotal |
| Other Expenses Not Included | 1587391 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1587391 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 9240218 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | WE USE A SMALL AMOUNT OF THE EARNINGS EACH YEAR FOR OPERATIONS. THE FUND PRINCIPAL IS PROTECTED AND INTENDED FOR USE IN FUTURE YEARS TO PROVIDE EARNINGS POWER AND FINANCIAL STABILITY. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE SCHOOL IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2013 AND 2012. THE SCHOOL RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, ACCOUNTING FOR UNERTAINTIES IN INCOME TAXES. UNDER THAT GUIDANCE, THE SCHOOL ASSESSES THE LIKEIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZEDTAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION BECOMES AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. THE SCHOOL DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS AT JUNE 30, 2013 OR 2012. INTEREST AND PENALITES ASSOCIATED WITH UNRECOGNIZED INCOME TAX POSITIONS, IF IDENTIFIED, WILL BE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS IN PROGRESS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2010. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION -1,587,391. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES -64,107. SPECIAL EVENT EXPENSES -42,333. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 64,107. SPECIAL EVENT EXPENSES 42,333. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID AND TUITION REMISSION 1,587,391. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | WE PLACE AN AD WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND EACH YEAR IN A MAJOR BOSTON NEWSPAPER. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAQUES AND CO | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 254 BAY ROAD | AddressLine1 |
| City | SOUTH HAMILTON | City |
| State | MA | State |
| ZIP Code | 01982 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAMPAIGN PLANNING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 511676 | GrossReceipts |
| Amount Retained By Contractor | 59397 | AmountRetainedByContractor |
| Net To Organization | 452279 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 511676 | TotalGrossReceipts |
| Total Retained By Contractors | 59397 | TotalRetainedByContractors |
| Total Net To Organization | 452279 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 24590 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 7650 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 16940 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 701 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 13965 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 5894 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 2873 | OtherDirectExpensesEvent1 |
| Name Of Event2 | EQUAL EXCHANGE | NameOfEvent2 |
| Gross Receipts Event2 | 31191 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 16780 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 14411 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 7736 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 19953 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 19953 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 31724 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 75734 | GrossReceiptsTotal |
| Charitable Contributions Total | 24430 | CharitableContributionsTotal |
| Gross Revenue Total Events | 51304 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 701 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 13965 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 5894 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 42333 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 62893 | DirectExpenseSummaryEvents |
| Net Income Summary | -11589 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID | 90 | 1226138 |
| TUITION REMISSION | 16 | 334110 |
| SUMMER CAMP SCHOLARSHIPS | 6 | 3555 |
| SUMMER CAMP REMISSION | 17 | 23588 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE USED FOR EDUCATIONAL SERVICES AT TOWER SCHOOL. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PETER S PHILIP | ||||||||||||||
| HEAD OF SCHOOL | 284261 | 0 | 0 | 0 | 0 | 0 | 37379 | 0 | 12505 | 0 | 334145 | 0 | 0 | 0 |
| DEAN A SIDELL | ||||||||||||||
| BUSINESS MGR | 158979 | 0 | 0 | 0 | 0 | 0 | 11927 | 0 | 7791 | 0 | 178697 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | HEAD OF SCHOOL HAS A DISCRETIONARY ACCOUNT FOR USE WITH JOB RELATED EXPENSES. TOWER SCHOOL ALSO PAYS VARIOUS HEALTH CLUB AND SERVICE FEES ON BEHALF OF THIS INDIVIDUAL. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EASTERN BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043067724 | IssuerEIN |
| CUSIP Number | 5756427A5 | CUSIPNumber |
| Date Issued | 2007-07-01 | DateIssued |
| Issue Price | 4000000 | IssuePrice |
| Description Of Purpose | BUILDING PROJECT | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 4000000 | TotalProceeds |
| Issuance Costs From Proceeds | 53160 | IssuanceCostsFromProceeds |
| Capital Expenditures | 3946390 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
Name Of Interested Business NameOfInterestedBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 1 TRUSTEE 1 OFFICER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | TRUSTEE, OFFICER | RelationshipWithOrganization |
| Amount Of Grant | 21500 | AmountOfGrant |
| Type Of Assistance | FIN. AID | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | PAM SIDELL | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | WIFE OF BUSINESS MANAGER | Relationship |
| Amount Of Transaction | 15300 | AmountOfTransaction |
| Description Of Transaction | WAGES PAID FOR ADMINSTRATIVE WORK FOR THE FRONT OFFICE. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 29192 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING, HOWEVER, THE NAMES AND ADDRESSES OF THE DONORS ON SCHEDULE B OF THE FORM WERE NOT PROVIDED. THE BUSINESS MANAGER, HEAD OF SCHOOL AND TREASURER REVIEW THE FORM 990 PRIOR TO DISTRIBUTION TO THE BOARD. ONCE THE 990 REVIEW IS COMPLETE, IT IS SIGNED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH MEMBER OF THE BOARD REVIEWS AND SIGNS THE POLICY AND IS REQUIRED TO DISCLOSE ANY SUCH CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY A REVIEW OF THE COMMITTEE ON TRUSTEES. THE REVIEW INCLUDES A PERFORMANCE EVALUATION AND MARKET COMPARISON WITH INDEPENDENT SCHOOLS OF OUR SIZE AND IN OUR GEOGRAPHIC AREA. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
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