2013-05-15T10:46:34-05:00 2012-06-30 042513210 GERALD T REILLY & COMPANY INC 424 ADAMS STREET MILTON MA 02186 990 2011-07-01 043250289 THE NATIONAL GRADUATE SCHOOL OF QUALITY MANAGEMENT INC NATI 5084571313 186 JONES RD FALMOUTH MA 02540 DR JOHN H BRIDGES III 5084571313 2013-05-14 1 FRANK T ARDITO P00028884 6176968900 2011 2016-02-24 21:20:13Z DR JOHN H BRIDGES III 186 JONES ROAD FALMOUTH MA 02540 3944645 0 X WWW.NGS.EDU X 1994 MA TO PROVIDE A COMPREHENSIVE ADVANCED EDUCATION TO INDIVIDUALS IN TOTAL QUALITY MANAGEMENT. 9 8 35 0 0 0 5000 0 5694451 3927026 20794 17619 0 0 5720245 3944645 0 0 0 0 2589366 2207822 0 0 0 3554100 3249895 6143466 5457717 -423221 -1513072 10558010 8759491 5620813 5335366 4937197 3424125 TO PROVIDE A COMPREHENSIVE ADVANCED EDUCATION TO INDIVIDUALS SEEKING A BECHELOR'S DEGREE, MASTER'S DEGREE AND DOCTORATE IN QUALITY SYSTEMS MANAGEMENT AND HOMELAND SECURITY. 0 0 1836486 3927026 TO PROVIDE WORKING ADULTS WITH HIGHER-LEVEL KNOWLEDGE AND UNDERSTANDING OF THE CONCEPTS, PRINCIPLES AND TOOLS OF QUALITY-BASED SYSTEMS MANAGEMENT FOR PERFORMANCE EXCELLENCE. TO GRADUATE INDIVIDUALS WITH BEHAVIORAL, ANALYTICAL, CUSTOMER SERVICE, AND LEADERSHIP SKILLS TO ACHIEVE TANGIBLE AND MEASURABLE RESULTS FOR ORGANIZATIONAL PERFORMANCE EXCELLENCE. TO RAISE THE OVERALL UNDERSTANDING OF QUALITY-BASED SYSTEMS MANAGEMENT IN THE PUBLIC AND PRIVATE SECTORS NATIONWIDE. TO DEVELOP PROPONENTS AND EDUCATORS OF QUALITY SYSTEMS MANAGEMENT ABLE TO FURTHER UNDERSTANDING AND APPLICATION OF THE CONCEPTS, PRINCIPLES AND TOOLS. 1836486 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 133 0 1 35 1 0 0 0 0 0 0 0 0 X 9 8 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 MA X X THE CORPORATION 5084571313 PO BOX 674 FALMOUTH MA 02541 THOMAS KNEAVALPHD 0.00 X X 0 0 0 JOHN H BRIDGES III 0.00 X X 0 0 0 RICH WILSON PHD 0.00 X X 0 0 0 PETER STERNDALE 0.00 X 0 0 0 PAUL FARCUS 0.00 X 0 0 0 SANDRA CLARK-MARTIN 0.00 X 0 0 0 CLINT MINER PHD 0.00 X 0 0 0 ALLEN R LARSON 0.00 X 0 0 0 RALPH CROUCH 0.00 X 0 0 0 ROBERT GEE 40.00 X 373884 0 98471 VIRGINIA C PETISCE 40.00 X 123996 0 10096 497880 0 108567 2 0 1 0 MARINA BAY MGT SERVICES LLC 500 VICTORY ROAD QUINCY MA 02171 BURSAR 125000 1 TUITION INCOME 611710 3824584 3824584 OTHER INCOME 611710 102442 102442 3927026 17619 17619 3944645 3927026 0 17619 373884 257980 115904 1422751 902994 519757 290284 200296 89988 120903 83423 37480 212200 212200 98567 98567 14955 14955 243938 243938 135557 135557 193588 193588 136996 136996 129609 125811 3798 218005 218005 159722 159722 IMPAIRMENT LOSS - OYSTE 1362317 1362317 TEACHING 206675 206675 OTHER EXPENSES 65904 65904 OYSTER POND PROPERTY TA 40163 40163 31699 59307 -27608 5457717 1836486 3621231 0 658922 581076 1828241 1270831 1557040 1675713 68993 165664 1672563 882921 4869277 789642 195990 61206 47849 1318341 4228716 10558010 8759491 430500 415889 912625 908205 4277688 4011272 5620813 5335366 X 4937197 3424125 4937197 3424125 10558010 8759491 -1513072 0 X X 0 1 1 X 1 1 X 100000 100000 805442 255347 550095 748950 618488 130462 18171 9086 9085 789642 CSV LIFE INSURANCE 154884 ASSET HELD FOR SALE 4072332 SECURITY DEPOSITS 1500 4228716 3944645 5457717 -1513072 -1513072 3944645 0 3944645 0 3944645 5457717 0 5457717 0 5457717 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 BROCHUES AND MATERIALS CONTAIN POLICY SUMMARY. X X 0 0 0 0 0 0 0 0 0 ROBERT GEE 373884 0 0 0 0 0 0 0 98471 0 472355 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2009-05-22 2640000 TO PURCHASE LAND AND BUILDING LOCATED ON ONAWA LANE IN FALMOUTH, MA. 0 0 0 2009 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AILEEN WATER GEE WIFE OF FORMER EXECUTIVE DIRECTOR 110156 WAGES AND BENEFITS PAID FOR WORKING AS VICE PRESIDENT OF REGULATORY AFFAIRS. 0 FORM 990, PART VI, SECTION A, LINE 3 THE COMPANY UTILIZES THE SERVICES OF A MANAGEMENT COMPANY TO PERFORM THE BURSAR FUNCTION. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S PRESIDENT REVIEWS AND APPROVES THE RETURN. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF DIRECTORS DETERMINES THE COMPENSATION AMOUNT INCLUDING ANY BONUSES BASED ON AN EXISTING EMPLOYMENT AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST OR THROUGH VARIOUS WEBSITES AVAILABLE TO THE PUBLIC. BOARD OF DIRECTORS HASS RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENTS. BOARD OF DIRECTORS APPOINTS THE INDEPENDENT AUDITORS AND HAS RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENTS CORRECTION OF AN ERROR IN A PREVIOUS YEAR PART X BALANCE SHEET, PREVIOUS YEAR LINES 17 AND LINES 33 THE PRIOR YEAR NET ASSETS OR FUND BALANCES AND ACCRUED EXPENSE BALANCES HAVE BEEN ADJUSTED TO REFLECT A PRIOR PERIOD ADJUSTMENT MADE AS PART OF THE FINANCIAL STATEMENT AUDIT AS OF JUNE 30, 2012. THESE BALANCES WERE CHANGED DUE TO THE FACT THAT, SUBSEQUENT TO JUNE 30, 2012, THE SCHOOL VOLUNTARILY PAID REAL ESTATE TAXES RELATING TO THE CURRENT YEAR AS WELL AS PREVIOUS YEARS. THE SCHOOL HAD BEEN PREVIOUSLY BILLED BY THE TOWN, BUT DISPUTED THE ASSESSMENT OF THE TAXES ON THE BASIS OF ITS NONPROFIT STATUS. A CORRECTING JOURNAL ENTRY HAS BEEN MADE TO RETROACTIVELY ACCRUE THE RESPECTIVE AMOUNTS IN THE YEARS THAT THE TAXES RELATE TO AND RESTATE PRIOR YEARS FINANCIAL STATEMENTS. ACCORDINGLY, NET ASSETS HAS BEEN DECREASED $49,574 WITH A CORRESPONDING INCREASE TO ACCRUED EXPENSES AS OF JUNE 30, 2011 TO REFLECT THIS ADJUSTMENT.