2013-07-15T13:03:43-05:00 2012-08-31 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2011-09-01 042104784 NOBLE AND GREENOUGH SCHOOL NOBL 7813263700 10 CAMPUS DRIVE DEDHAM MA 020264099 RSM MCGLADREY INC 7813263700 2013-07-15 1 P01434915 6179129000 2011 2016-02-24 21:20:13Z ROBERT P HENDERSON JR 10 CAMPUS DRIVE DEDHAM MA 020264099 66885656 0 X WWW.NOBLES.EDU X 1866 MA A SCHOOL THAT PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7-12. 26 25 584 50 173585 -93253 14989504 12456622 24263479 25172095 2742171 2464880 278078 259144 42273232 40352741 4507918 4780044 0 0 17615630 19389277 0 0 2666076 11329527 11284527 33453075 35453848 8820157 4898893 205267470 214679538 24583055 27082160 180684415 187597378 X NOBLE AND GREENOUGH SCHOOL IS A RIGOROUS ACADEMIC COMMUNITY DEDICATED TO INSPIRING LEADERSHIP FOR THE PUBLIC GOOD. THROUGH MENTORING RELATIONSHIPS, WE MOTIVATE STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AND TO LEAD LIVES CHARACTERIZED BY SERVICE TO OTHERS. THE NOBLE COMMUNITY: GENERATES CRITICAL, CREATIVE, SOCIALLY CONSCIOUS THINKERS; UPHOLDS A COMMITMENT TO DIVERSITY; DEVELOPS CHARACTER AND INTELLECT IN DELIBERATE CONJUNCTION; CULTIVATES PURPOSEFUL CITIZENSHIP ON LOCAL, NATIONAL AND GLOBAL LEVELS; BUILDS INDEPENDENCE AND SELF-RESPECT THROUGH CHALLENGE AND ACHIEVEMENT; ESPOUSES HUMILITY, HUMOR, COLLABORATION, HONESTY AND RESPECT FOR OTHERS AS THE FOUNDATIONS OF A VIBRANT INTELLECTUAL COMMUNITY. 0 0 25444355 4757333 19933415 NOBLES & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 589 STUDENTS, 129 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED. 2879463 22711 2708377 NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 1,585 CAMPERS, 305 COUNSELORS. CAMPERSHIP GRANTED. 160650 189058 UPWARD BOUND PROGRAM: 6 WEEK PROGRAM PROVIDING SUPPLEMENTAL EDUCATION TO ECONOMICALLY DISADVANTAGED STUDENTS FROM NEW ENGLAND - 53 STUDENTS, 24 MEMBERS OF FACULTY AND STAFF. NO COST TO PARTICIPANTS. 28484468 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 112 0 1 584 1 1 1 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 MA X STEPHEN M GINSBERG BUSINESS MANAGER 7813207270 10 CAMPUS DRIVE DEDHAM MA 020264099 PAUL J AYOUB 5.00 X 0 0 0 SCOTT D FREEMAN 5.00 X X 0 0 0 KRISTIE GEARY 5.00 X 0 0 0 ELIZABETH M REILLY 5.00 X X 0 0 0 ROBERT P HENDERSON JR 40.00 X X 351073 0 230420 HALEY C ADAMS 5.00 X 0 0 0 EDWARD T ANDERSON 5.00 X 0 0 0 TRACY BROWN 5.00 X 0 0 0 CHARLES L BRYSON JR 5.00 X 0 0 0 MARY H DUNNE 5.00 X 0 0 0 SANDRA M EDGERLEY 5.00 X 0 0 0 ROBERT T FREEMAN 5.00 X 0 0 0 C JEFFREY GROGAN 5.00 X X 0 0 0 JEANNE L HILSINGER 5.00 X 0 0 0 GITA V IYER 5.00 X 0 0 0 ANDREW E JANFAZA 5.00 X 0 0 0 DAVID A KIRSHNER 5.00 X 0 0 0 LYNNE L PALMER 5.00 X 0 0 0 ERNEST C PARIZEAU 5.00 X X 0 0 0 STARR G PETEET 5.00 X 0 0 0 JEFFREY M SCHWARTZ 5.00 X 0 0 0 NICOLE M STATA 5.00 X 0 0 0 MICHAEL A VANCE 5.00 X 0 0 0 DENISE DUPRE 5.00 X 0 0 0 KEVIN MARONI 5.00 X 0 0 0 MARZUQ MUHAMMED 5.00 X 0 0 0 JOHN T GIFFORD 40.00 X 219985 0 42280 STEPHEN M GINSBERG 40.00 X 184897 0 37663 GEORGE MALEY 40.00 X 175304 0 42868 DANIEL WEIR 40.00 X 142106 0 24313 JENNIFER HINES 40.00 X 136995 0 23996 ERIKA GUY 40.00 X 138814 0 30259 BEN M SNYDER 40.00 X 135893 0 45253 WILLIAM BUSSEY 40.00 X 134499 0 62392 1619566 0 539444 18 0 1 0 SHAWMUT DESIGN AND CONSTRUCTION 560 HARRISON AVENUE BOSTON MA 02118 CONSTRUCTION 17061267 FLIK INTERNATIONAL CORP COMPASS GROUP U PO BOX 91337 CHICAGO IL 60693 FOOD SERVICE 1204433 SUBURBAN CONTRACT CLEANING INC PO BOX 850914 BRAINTREE MA 02185 JANITORIAL SERVICES 501986 ARCHITERRA INC 68 LONG WHARF BOSTON MA 02110 ARCHITECTURAL SERVICES 425435 CHARTWELLS ED DINING SERVICES PO BOX 91337 CHICAGO IL 60693 CATERING/FOOD SERVICES 209623 12 12456622 530105 12456622 TUITION & FEES 611600 22144761 22144761 SUMMER CAMP 611600 2708377 2708377 UPWARD BOUND 611710 189058 189058 SALE OF TEXTBOOKS & RE 611710 94244 94244 ADMISSIONS APPLICATION 611600 35655 35655 25172095 1973194 -4061 1977255 51322 51106 216 216 216 26967110 26102112 373312 864998 -373312 491686 491686 9544 6385 3159 3159 SPORT ASSOCIATIONS 532000 100046 100046 SERVICES TO THIRD PART 722320 77305 77305 FINANCE CHARGES 900099 24470 24470 53948 53653 295 255769 40352741 25225748 173585 2496786 4780044 4780044 1286533 327861 629088 329584 14384027 12613215 828538 942274 1360401 1164383 93458 102560 1253773 1136310 44756 72707 1104543 919297 97004 88242 12217 12217 77359 77359 514662 33973 480689 1358021 1289729 22674 45618 53524 52243 1281 1164577 674297 244430 245850 259116 142446 83051 33619 2713129 1609904 827419 275806 264888 232955 31933 82459 82459 2484180 1670638 747043 66499 256277 174268 76883 5126 DEVELOPMENT EXPENSE 490155 65836 424319 ARCHIEVE EXPENSE 267462 267462 STUDENT ACTIVITIES 194111 194111 ATHLETICS 178149 178149 914241 874888 38695 658 35453848 28484468 4303304 2666076 8055811 16117797 17944599 3451769 8598159 6470508 643946 520086 62554 59436 141796 189191 990855 726191 106880311 24268416 64686220 82611895 35842918 40391257 68104122 63965782 196490 175626 205267470 214679538 5413474 5782240 8985206 9592574 10184375 10087051 0 1620295 24583055 27082160 X 87351660 92586783 37074881 39318550 56257874 55692045 180684415 187597378 205267470 214679538 X 4898893 2014070 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21945 638928 X X EXHIBITION FOR COM. MEETINGS 0 94576543 1965913 6848442 4120000 466085 98804813 84711720 2430764 11989106 4024044 531003 94576543 80644311 2650154 5627818 4210563 84711720 90499081 267032 -6101802 4020000 80644311 0.15630 0.54650 0.29720 0 0 99821799 21494658 78327141 6023794 2773758 3250036 1034718 1034718 82611895 SPLIT INTEREST AGREEMENTS 4929646 F ALTERNATIVE INVESTMENTS 58383531 F CASH AND CASH EQUIVALENTS 652605 F 63965782 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 1620295 1620295 40352741 35453848 4898893 2014070 2014070 6912963 44820269 4048414 148960 4197374 40622895 -270154 -270154 40352741 37907306 2614107 2614107 35293199 160649 160649 35453848 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES EXCEPT FOR NET REVENUE FROM UNRELATED BUSINESS ACTIVITIES. THE SCHOOL FOLLOWS FASB ASC 740, "INCOME TAXES," WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THE SCHOOL HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENTS STATED AT FAIR MARKET VALUE 4,048,414. CHANGE IN VALUE OF LIFE INCOME FUNDS 148,960. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -2,183,304. TOTAL TO SCHEDULE D, PART XI, LINE 8: 2,014,070. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 148,960. UPWARD BOUND PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES, REPORTED ON PAGE 1, LINE 6B -51,106. COSTS OF GOODS SOLD, REPORTED ON PAGE 1, LINE 10B -6,385. LOSS OF DISPOSAL OF FIXED ASSETS -373,312. GROSS UPWARD BOUND REVENUE NETTED WITH EXPENSES ON AUDITED FS 160,649. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES, REPORTED ON PAGE 1, LINE 6B 51,106. COSTS OF GOODS SOLD, REPORTED ON PAGE 1, LINE 10B 6,385. LOSS ON DISPOSAL OF FIXED ASSETS 373,312. PROVISION FOR UNCOLLECTIBLE ACCOUNTS 2,183,304. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GROSS UPWARD BOUND REVENUE NETTED WITH EXPENSES ON AUDITED FS 160,649. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF NOBLE & GREENOUGH SCHOOL TO ADMIT STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL, AND IT IS THE POLICY OF THE SCHOOL NOT TO DISCRIMINATE ON THE BASIS OF RACE IN ADMINISTRATION OF ITS EDUCATION POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINSTERED PROGRAM. THE CATALOUGE OF THE SCHOOL MAKES SUBSTANTIALLY THE SAME STATEMENT. THE SCHOOL ANNUALLY PUBLISHED THE SAME STATEMENT IN A MAJOR BOSTON NEWSPAPER AS A LISTED MEMBER OF THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE). 1 SCHOLARSHIP 124 3705699 TUITION REMISSION 31 1051634 CAMPERSHIP 32 22711 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: NOBLE AND GREENOUGH SCHOOL USES THE PRINCIPLES AND NEEDS ANALYSIS SYSTEM OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) TO DETERMINE THE FINANCIAL ASSISTANCE AWARDS. SSS IS A SERVICE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. EACH FAMILY SUBMITS A PARENTS' FINANCIAL STATEMENT (PFS) FOR PROCESSING TO SSS. BASED ON THE FINANCIAL INFORMATION PROVIDED BY THE FAMILY, SSS SENDS NOBLE AND GREENOUGH SCHOOL AN ESTIMATED AMOUNT THAT THE FAMILY CAN CONTRIBUTE TO EDUCATIONAL EXPENSES. USING ESTIMATIONS FROM SSS AND INFORMATION IN TAX DOCUMENTS, THE FINANCIAL ASSISTANCE COMMITTEE DETERMINES THE AMOUNT OF ASSISTANCE OFFERED BY NOBLE AND GREENOUGH SCHOOL. X 0 1 X X X X 0 1 0 0 0 0 0 0 0 ROBERT P HENDERSON JR 338535 0 0 0 12538 0 85777 0 144643 0 581493 0 0 0 JOHN T GIFFORD 210112 0 0 0 9873 0 23925 0 18355 0 262265 0 0 0 STEPHEN M GINSBERG 176059 0 0 0 8838 0 20167 0 17496 0 222560 0 0 0 GEORGE MALEY 170001 0 0 0 5303 0 20031 0 22837 0 218172 0 0 0 DANIEL WEIR 140162 0 0 0 1944 0 15547 0 8766 0 166419 0 0 0 JENNIFER HINES 135981 0 0 0 1014 0 15132 0 8864 0 160991 0 0 0 ERIKA GUY 136833 0 0 0 1981 0 15107 0 15152 0 169073 0 0 0 BEN M SNYDER 134438 0 0 0 1455 0 15107 0 30146 0 181146 0 0 0 WILLIAM BUSSEY 133347 0 0 0 1152 0 14867 0 47525 0 196891 0 0 0 PART I, LINE 1A AVAILABILITY OF HOUSING IS AT THE DISCRETION OF THE HEAD OF SCHOOL. THE SCHOOL IS CONSIDERING A WRITTEN POLICY STATING THAT FACT. PART I, LINE 4B THE SCHOOL HAS A DEFERRED COMPENSATION PLAN FOR THE HEADMASTER OF THE SCHOOL, ROBERT P. HENDERSON, JR. THE PLAN REQUIRES A MONTHLY CONTRIBUTION BY THE SCHOOL OF 16% OF THE HEADMASTER'S GROSS CASH SALARY PAID FOR THE PREVIOUS MONTHS. PLAN FUNDS REMAIN THE PROPERTY OF THE SCHOOL UNTIL THEY ARE DISTRIBUTED. THE EMPLOYER CONTRIBUTION FOR THE YEAR ENDED AUGUST 31, 2012 TOTALED $57,330. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583UDY7 2011-06-09 10206399 RENOVATION AND CONSTRUCTION OF SCHOOL FACILITIES 0 0 0 10206399 203928 10002471 2012 0 0 0 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 X 63 508160 FAIR MARKET VALUE X RARE BOOKS 22 21945 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF CONTRIBUTION/GIFT ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES IS NOTIFIED VIA EMAIL THAT A PUBLIC DISCLOSURE COPY OF THE FORM 990 IS ACCESSIBLE ON THE NOBLES TRUSTEE WEBSITE. TRUSTEES ARE EXPECTED TO REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY IS MAILED TO ALL OFFICERS, DIRECTORS AND TRUSTEES, AND REVIEWED ORALLY AT THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. ALL OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN A DOCUMENT INDICATING THEY HAVE READ AND UNDERSTAND THE SCHOOL'S CONFLICT OF INTEREST POLICY. THEY ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST EITHER BEFORE OR DURING THE FIRST BOARD MEETING OF EACH SCHOOL YEAR. THE COMMITTEE CONSISTING OF TRUSTEES REVIEWS ALL DISCLOSURES. OFFICERS, DIRECTORS, AND TRUSTEES ARE REMINDED THAT THEY HAVE AN OBLIGATION TO UPDATE THEIR DISCLOSURES IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. TYPICALLY, THEY SELF-REPORT ANY POTENTIAL CONFLICTS THAT ARISE BUT IF ANOTHER BOARD MEMBER BECOMES AWARE OF POTENTIAL CONLFICT, HE OR SHE IS ASKED TO RAISE IT WITH THE OFFICER, DIRECTOR, OR TRUSTEE AND A MEMBER OF THE COMMITTEE ON TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A COMPENSATION COMMITTEE AS WELL AS AN INDEPENDENT CONSULTANT WHO CAREFULLY REVIEW SURVEYS AND OTHER COMPARATIVE INFORMATION IN DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES. THERE ARE WRITTEN EMPLOYMENT CONTRACTS FOR ALL FACULTY AND ADMINISTRATIVE POSITIONS AT THE SCHOOL. THESE ARE REVIEWED, UPDATED, DISTRIBUTED AND SIGNED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. IF AN INTERESTED PARTY ASKS FOR THESE DOCUMENTS, THE BUSINESS MANAGER WILL MAKE A DECISION ABOUT DISTRIBUTION. WE HAVE RECENTLY MADE FINANCIAL STATEMENTS AVAILABLE TO INSURANCE COMPANIES AND BANKS UPON REQUEST. THE SCHOOL'S FORM 990 IS MADE AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED LOSS ON INVESTMENTS STATED AT FAIR MARKET VALUE 4,048,414. CHANGE IN VALUE OF LIFE INCOME FUNDS 148,960. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -2,183,304. TOTAL TO FORM 990, PART XI, LINE 5: 2,014,070. FORM 990, PART I, LINE 6: THIS IS AN ESTIMATE OF THE CORE GROUP OF PARENTS WHO VOLUNTEER IN THE LIBRARY AND ALSO PARTICIPATE REGULARLY IN THE PARENT ASSOCIATION. THERE ARE PARENT VOLUNTEERS ON AN IRREGULAR BASIS. FOR EXAMPLE, ONCE A YEAR THERE ARE PARENTS WHO VOLUNTEER A COUPLE HOURS AT THE SCHOOL'S YARD SALE. THIS ESTIMATE ALSO INCLUDES THE NUMBER OF BOARD MEMBERS WHO VOLUNTEER THEIR TIME ON THE SCHOOL'S BOARD WITHOUT COMPENSATION.