2012-11-05T10:38:49-06:00 2012-06-30 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2011-07-01 042104832 THE PIKE SCHOOL PIKE 9784751197 34 SUNSET ROCK ROAD ANDOVER MA 01810 JOHN WATERS 9784751197 2012-11-05 1 LYNNE JOHNSON P00757336 6179129000 2011 2016-02-24 21:20:13Z JOHN WATERS 34 SUNSET ROCK ROAD ANDOVER MA 01810 11417611 0 X WWW.PIKESCHOOL.ORG X 1926 MA THE PIKE SCHOOL IS A PK-9 PRIVATE SCHOOL OF APPROXIMATELY 441 STUDENTS. THE PIKE SCHOOL SEEKS TO DEVELOP WITHIN ITS COMMUNITY A LIFE LONG LOVE OF LEARNING, RESPECT FOR OTHERS, JOY OF PHYSICAL ACTIVITY, AND A CREATIVE SPIRIT. A PIKE EDUCATION IS A JOURNEY THAT PREPARES STUDENTS TO BE INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS. 22 22 103 5 0 0 822446 844711 10024433 10266054 242169 134381 27424 5340 11116472 11250486 1143555 1332757 0 0 6899730 7105974 0 0 572564 3481332 3202926 11524617 11641657 -408145 -391171 26128966 25653667 6281084 6104449 19847882 19549218 X THE PIKE SCHOOL SEEKS TO DEVELOP WITHIN ITS COMMUNITY A LIFE-LONG LOVE OF LEARNING, RESPECT FOR OTHERS, THE JOY OF PHYSICAL ACTIVITY AND A CREATIVE SPIRIT. A PIKE EDUCATION IS A JOURNEY THAT PREPARES STUDENTS TO BE INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS. 0 0 8850336 1332757 10065383 EDUCATIONAL INSTITUTION WHICH PROVIDES INTELLECTUAL AND PERSONAL GROWTH EMPHASIZING FUNDAMENTAL SKILLS WITHIN A BROAD RANGE OF DISCIPLINES. EACH STUDENT PROGRESSED TO THE NEXT GRADE WITH 72 STUDENTS MOVING UP TO HIGH SCHOOL AND SECONDARY SCHOOLS. 441 STUDENTS ARE ENROLLED IN THE SCHOOL YEAR 2011-2012. SCHOOL YEARS RUNS 170 DAYS.LOWER SCHOOL:VIEWED AS YEARS OF EXPLORATIONS AND BEGINNINGS, THE LOWER SCHOOL IS A STRUCTURED YET RELAXED ENVIRONMENT WHERE CHILDREN ARE AFFORDED THE OPPORTUNITY TO DEVELOP SOCIALLY, EMOTIONALLY, PHYSICALLY, AND INTELLECTUALLY. THROUGH SMALL GROUPS AND INDIVIDUAL ATTENTION, LEARNING IS BOTH INTERACTIVE AND STIMULATING. FOR MUCH OF THE DAY, THE CHILDREN ARE IMMERSED IN THEME BASED LEARNING WHERE TOPICS ARE COVERED ACROSS SUBJECT AREAS. BECAUSE MUCH OF THE CURRICULUM IS INTERDISCIPLINARY, THE CLASSROOM TEACHERS CAREFULLY PLAN THEIR ACTIVITIES WITH THE SPECIALISTS TO ENSURE CONTINUITY. FIELD TRIPS, PERFORMANCES AND WORKSHOPS BY ARTISTS IN RESIDENCE, DANCE AND THEATRE GROUPS AND MUSICIANS ADD FURTHER ENRICHMENT TO THE LOWER SCHOOL PROGRAM.MIDDLE SCHOOL:AT EACH GRADE IN THE MIDDLE SCHOOL, ANCHOR TEACHERS AND SPECIALISTS WORK COLLABORATIVELY TO DESIGN CURRICULUM FOCUSED ON OVERARCHING QUESTIONS THAT TARGET KEY CONCEPTS AND SKILLS. IN ALL GRADES STUDENTS ENGAGE IN LEARNING THAT IS BOTH MEANINGFUL TO THEIR OWN LIVES AND CONNECTED ACROSS SUBJECT AREAS. THROUGH A WIDE RANGE OF TOPICS, STUDENTS BUILD ACADEMIC AND SOCIAL SKILLS THAT REQUIRE CRITICAL THINKING AND COOPERATION.UPPER SCHOOL:THE UPPER SCHOOL OFFERS A RICH AND COMPREHENSIVE PROGRAM THAT PROVIDES STUDENTS WITH THE NECESSARY KNOWLEDGE AND SKILLS TO THRIVE IN LEADING SECONDARY SCHOOLS AND BEYOND. TEACHERS EMPHASIZE CHARACTER GROWTH AND CREATIVITY THROUGH SMALL GROUP ACTIVITIES. THROUGHOUT THE STUDENTS' EXPERIENCE, THEY ARE PROVIDED WITH VALUABLE CHALLENGES IN DECISION MAKING AND COLLABORATION. THE CHIEF ACADEMIC, SOCIAL, AND PERSONAL DEVELOPMENT OF THE STUDENTS IS GUIDED BY A FACULTY ADVISOR WHO WORKS CLOSELY WITH STUDENTS AND THEIR FAMILIES. 184692 210998 AUXILIARY ACTIVITIES: AFTER SCHOOL SPORTS PROGRAMS FOR SIXTH GRADE THROUGH NINTH GRADE STUDENTS. AFTER SCHOOL FLEX PROGRAM AND SUMMER PROGRAM FOR CHILDREN IN THE LOCAL COMMUNITIES. 9035028 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 34 0 103 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JOHN WATERS 9784751197 34 SUNSET ROCK ROAD ANDOVER MA 018104898 LORI KAVANAGH 2.00 X 0 0 0 LUCY ABISALIH 2.00 X X 0 0 0 ANDREW CHABAN 2.00 X 0 0 0 BOB BOREK 2.00 X 0 0 0 BOBBIE CRUMP-BURBANK 2.00 X 0 0 0 BRUCE LANDAY 2.00 X 0 0 0 FIRDAUS BHATHENA 2.00 X 0 0 0 IVY NAGAHIRO 2.00 X 0 0 0 KIM PACKARD 2.00 X 0 0 0 KONSE SKRIVANOS 2.00 X 0 0 0 LESLIE ROSAS 2.00 X 0 0 0 LOUIS IMBRIANO 2.00 X 0 0 0 MARCY BARKER 2.00 X 0 0 0 MARY MCKERNAN 2.00 X 0 0 0 MICHELE KERRY 2.00 X X 0 0 0 RENEE KELLAN PAGE 2.00 X 0 0 0 RICHARD VEIRA 2.00 X 0 0 0 ROB MACINNIS 2.00 X 0 0 0 SCOTT GINSBERG 2.00 X 0 0 0 SHAMIM DAHOD 2.00 X 0 0 0 BRIAN LAWLOR 2.00 X 0 0 0 BOB SOLANO 2.00 X 0 0 0 MARK GRAZIANO 60.00 X 117786 0 15078 JOHN WATERS 60.00 X 266345 0 76114 BOYER BAIRD 60.00 X 118505 0 16597 TARA MCCABE 60.00 X 121005 0 9089 LAURA RUSSELL 60.00 X 110900 0 8331 734541 0 125209 5 0 1 0 CALLAHAN AIR CONDITIONING AND HEATING 91 BELMONT STREET NORTH ANDOVER MA 01845 HVAC ENGINEER AND CONTRACTOR 610403 PRSCC 360 PEARL STREET MALDEN MA 02148 BUILDING CLEANING 146951 2 105871 738840 42159 844711 STUDENT TUITION 611710 9992147 9992147 AUXILIARY SERVICES 900099 210998 210998 EXTENDED DAY 900099 62909 62909 10266054 134381 134381 51123 56110 -4987 -4987 -4987 111015 105871 111015 0 MISCELLANEOUS INCOME 900099 10327 10327 10327 11250486 10276381 0 129394 1332757 1332757 412000 42900 369100 5386934 4474067 605427 307440 342525 205494 117047 19984 548856 402074 123545 23237 415659 315507 76633 23519 35504 35504 10019 10019 33496 33496 11149 11149 35480 35480 19766 19766 88776 65488 23288 114854 114854 156752 156752 753217 706979 46238 86411 79498 6913 INSTRUCTIONAL EXPENDITU 868207 598264 269943 MAINTENANCE/UTILITIES 397973 361646 36327 CAFETERIA EXPENDITURES 216295 216295 SUMMER AND AUX. PROGRAM 184693 184693 190334 15238 175096 11641657 9035028 2034065 572564 30041 32778 1713724 1034036 685777 544557 151575 183729 83707 46888 22896497 6988583 15644569 15907914 7677234 7846529 142339 57236 26128966 25653667 1160011 1230054 846093 924415 3919980 3599980 355000 350000 6281084 6104449 X 16183105 16000661 685777 544557 2979000 3004000 19847882 19549218 26128966 25653667 X -391171 92507 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8443559 25000 260728 286453 10878 8431956 7439378 1307777 295296 8300 8443559 6745044 1016682 322348 7439378 8285926 -1482922 57960 6745044 0.64370 0.35630 0 0 138886 138886 19886638 5182148 14704490 1674858 999843 675015 1196115 806592 389523 15907914 TUITION DEPOSITS 350000 350000 11250486 11641657 -391171 131382 -38875 92507 -298664 11505083 131382 -38875 92507 11412576 -162090 -162090 11250486 11803747 162090 162090 11641657 0 11641657 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION USES ENDOWMENT FUNDS FOR TEACHER'S SALARIES, PROFESSIONAL DEVELOPMENT, FINANCIAL AID, TECHNOLOGY, AND DESIGNATED BY THE BOARD ON UNDESIGNATED PORTIONS. 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. THE SCHOOL IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE SCHOOL FOLLOWS THE ASC GUIDANCE, ACCOUNTING FOR UNCERTAINTY IN 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 THAT THE SCHOOL HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, 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: UNCOLLECTIBLE CONTRIBUTIONS -38,875. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE CONTRIBUTIONS -38,875. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR SPECIAL EVENTS REPORTED ON FORM 990, PART VIII, LINE 8B -111,015. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -56,110. INTEREST INCOME NETTED WITH EXPENSES ON AUDITED FS 5,035. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR SPECIAL EVENTS REPORTED ON FORM 990, PART VIII, LINE 8B 111,015. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 56,110. INTEREST INCOME NETTED WITH EXPENSES ON AUDITED FS -5,035. 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 ALL PUBLICATIONS REFER TO THE SCHOOL'S NONDISCRIMINATORY POLICY INCLUDING THE VIEWBOOK, THE PARENT'S HANDBOOK AND THE PARENT'S DIRECTORY. GOLF OUTING 216886 105871 111015 38507 72508 216886 105871 111015 38507 72508 111015 0 1 FINANCIAL AID 72 986966 TUITION REMISSION 26 345791 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION USES SSS THROUGH NAIS TO HELP DETERMINE THE AWARD ALONG WITH A FAMILIES W-2'S AND 1040'S. A COMMITTEE OF FOUR ADMINISTRATORS REVIEW AND CONFIRM AWARDS. THE AWARD AMOUNT IS MONITORED THROUGH MONTHLY GL RECONCILIATION. X X X X 0 0 0 0 0 0 0 0 0 JOHN WATERS 266345 0 0 0 0 0 67045 0 9069 0 342459 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2009-09-15 6400000 REFUNDING PRIOR ISSUE 0 0 0 2800000 6400000 6400000 2008 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 0 0 0 0 X 6 42159 FAIR MARKET VALUE 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF SECURITIES IS BASED ON THE NUMBER OF GIFTS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY MANAGEMENT AND OUR EXTERNAL AUDITORS AFTER COMPLETION OF THE ANNUAL AUDIT. A DRAFT COPY OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THE TREASURER OF THE BOARD. A SUBSEQUENT DRAFT INCORPORATING THEIR COMMENTS IS PREPARED AND DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH YEAR THE BOARD MEMBERS ARE ASKED TO FILL OUT CONFLICT OF INTEREST FORMS STATING THAT THEY UNDERSTAND AND WILL COMPLY TO THE POLICY. WE HAVE SET UP A WHISTLE BLOWER POLICY FOR ANY MEMBER OF THE SCHOOL INCLUDING THE BOARD TO INFORM US IF THERE ARE ANY QUESTIONS OR CONCERNS THAT COME UP. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S CONTRACT IS NEGOTIATED USING BENCHMARKING DATA FROM SIMILAR SCHOOLS. THEY BENCHMARK SALARY, BENEFITS AND WORK LOAD. THEY ALSO GET LEGAL ADVICE ON THE WORDING OF THE CONTRACT. THE BOARD VOTES ON THE HEAD OF SCHOOL'S CONTRACT. OTHER SENIOR MANAGEMENT GET AN INCREASE AT THE SAME RATE AS THE FACULTY AND STAFF. THESE INCREASES ARE VOTED ON BY THE BOARD AND AGAIN BASED ON BENCHMARKING DATA. ALL DISCUSSIONS AND VOTES ARE DOCUMENTED IN THE MINUTES TO THE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE TO THE PUBLIC VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 131,382. UNCOLLECTIBLE CONTRIBUTIONS -38,875. TOTAL TO FORM 990, PART XI, LINE 5: 92,507. EXPLANATION FOR VOLUNTEERS: FORM 990, PART I, LINE 6 PARENT GROUP PROVIDES HELP TO THE SCHOOL'S LIBRARY ON A PART-TIME VOLUNTEER BASIS. HELP PRIMARILY CONSISTS OF SHELVING BOOKS FOR THE STAFF.