2013-02-12T13:19:58-06:00 2012-06-30 042943536 Tonneson & Company CPAs PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2011-07-01 237068067 LITTLE PEOPLE'S SCHOOL INC LITT 6179653877 1507 WASHINGTON STREET WEST NEWTON MA 02465 Rita McDonough 6179653877 2013-02-11 1 Cynthia P Almquist P01309212 7812459999 2013-02-11 2011 2016-03-07 17:11:31Z Rita McDonough 1507 Washington Street West Newton MA 02465 10685781 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. 8 8 173 0 0 0 466785 246571 9939716 10402258 3388 -5888 3202 6177 10413091 10649118 658694 207983 0 0 8102326 8017057 0 0 1777 2043051 1824673 10804071 10049713 -390980 599405 1336899 1566999 3202435 2833130 -1865536 -1266131 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 8643514 207983 10402258 The School provides educational services to special needs students with language and learning disabilities. Enrollment is comprised of approximately 320 students from approximately 100 Massachusetts communities. 8643514 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 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 173 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X Rita McDonough 6179655820 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 Mark Williams 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 Joan Foster 40.00 X 92404 0 8516 Rita McDonough 40.00 X 100000 0 22434 192404 0 30950 0 0 0 0 Krokidas & Bluestein 600 Atlantic Avenue Boston MA 02210 Legal services 136017 1 12204 234367 246571 EDUCATIONAL SERVICES 611110 10101115 10101115 301143 301143 10402258 5718 5718 20250 31856 -11606 -11606 -11606 10984 4807 6177 6177 10649118 10390652 0 11895 207983 207983 210587 210587 6239328 5938632 300696 986162 906513 79649 580980 534926 46054 98567 98567 314721 314721 30514 30514 149813 149813 741076 665275 75801 28085 28085 38475 38475 101780 101780 21880 20306 1574 Repairs and Maintenance 130628 130628 Food and Meals 43640 43640 Supplies 31276 31276 Late fees 8345 8345 85873 34470 49626 1777 10049713 8643514 1404422 1777 370224 830968 338396 273713 310938 321823 26414 8768 1981378 1849651 262416 131727 28511 1336899 1566999 410891 248616 143251 8441 2648293 2576073 3202435 2833130 X -1865536 -1266131 0 0 -1865536 -1266131 1336899 1566999 599405 0 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 807346 725457 81889 857084 836147 20937 316948 288047 28901 131727 Accrued payroll 943288 Accrued taxes 513801 Other accrued expenses 1250 Deferred income 101186 Accrued accounting fees 25500 Accrued health insurance benefit 48732 Due to Commonwealth of MA 942316 2576073 10649118 10049713 599405 599405 10445942 4807 4807 10441135 207983 207983 10649118 9846537 4807 4807 9841730 207983 207983 10049713 Description of Uncertain Tax Positions Under FIN 48: Part X: 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, 2012, the School has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XII, Line 2d - Other Adjustments: Fundraising expenses 4,807. Part XII, Line 4b - Other Adjustments: Grants and Other Assistance 207,983. Part XIII, Line 2d - Other Adjustments: Fundraising expenses 4,807. Part XIII, Line 4b - Other Adjustments: Grants and Other Assistance 207,983. 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 Financial Aid 13 207983 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Type of Grant or Assistance: The former executive director of the School reviewed the financial position of the families that requested financial aid to determine the amount of financial aid, if any, to be provided to these families. Once the award had been given and the student enrolled at the School, the Business Office was given the amount of the award to apply against the student's account. 1 0 0 0 0 0 0 0 0 0 Part I, Line 1b No Policy in place Nancy Rosoff Former Head of School 85779 Payroll for the former Head of School 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.