2012-04-11T07:31:36-05:00 2011-06-30 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2010-07-01 010211536 North Yarmouth Academy NORT 2078462380 148 Main Street Yarmouth ME 04096 Diana Garcia 2078462380 2012-03-31 1 Barbara J McGuan CPA 2077752387 2012-03-31 2010 2016-02-24 21:20:13Z Brad Choyt 148 Main Street Yarmouth ME 04096 7858290 0 X www.nya.org X 1814 ME Education of grades 5 through 12 28 28 144 75 -6999 -143803 467818 438209 7325812 7144452 89953 70498 -83305 -61192 7800278 7591967 1493586 1690881 0 0 4099942 3933096 0 0 266175 2611554 2580811 8205082 8204788 -404804 -612821 18919191 18212017 5718964 5003519 13200227 13208498 X North Yarmouth Academy is an independent, college preparatory, coeducational day school serving students in grades five through twelve. The school offers a structured program that sets clear standards and high expectations in an environment that emphasizes values of mutual respect, trust and community. North Yarmouth Academy is dedicated to fostering integrity, character and intellect in young adults. 0 0 6670718 1690881 7144452 The Academy operates a private secondary day school in Yarmouth, Maine with 275 students from grades five through twelve.The North Yarmouth Academy program encourages students to develop:1. Problem-solving skills based on sound analytical and creative thought2. Sophistication in writing, speaking and artistic expression3. Appreciation for the importance of athletic activity, teamwork and cooperation4. Self-confidence and self-respect through a breadth of experiences that extend beyond the classroom5. Concern for the larger community and an appreciation for the natural environment6. Desire to continue the process of lifelong learning 6670718 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 144 1 1 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 X Kim Bridgham 2078462380 148 Main Street Yarmouth ME 04096 Allen Bornheimer 1.00 X X 0 0 0 Margaret Fast 1.00 X 0 0 0 David Fenderson 1.00 X 0 0 0 Jay Flower 1.00 X 0 0 0 Diana Garcia 1.00 X X 0 0 0 MaryEllen Fitzgerald 1.00 X 0 0 0 Richard Abbondanza 1.00 X X 0 0 0 John Carpenter 1.00 X 0 0 0 David Champoux 1.00 X X 0 0 0 Charles Gendron 1.00 X 0 0 0 Mike Healy 1.00 X 0 0 0 Lynn Noyes 1.00 X 0 0 0 Tracey Russell 1.00 X 0 0 0 Cindy Maxsimic 1.00 X 0 0 0 Priscilla Savage 1.00 X 0 0 0 Laurie Hasty 1.00 X 0 0 0 Betsy Mead 1.00 X 0 0 0 Linc Merrill 1.00 X 0 0 0 Brian Noyes 1.00 X 0 0 0 Ted Sharp 1.00 X X 0 0 0 David Warren 1.00 X 0 0 0 Jean Wilkinson 1.00 X 0 0 0 Michael Rayder 1.00 X 0 0 0 Dan O'Halloran 1.00 X 0 0 0 Steve Bachelder 1.00 X 0 0 0 Susan Burns 1.00 X 0 0 0 Lynne Roche 1.00 X 0 0 0 Dave Daigler 1.00 X 0 0 0 Julie Moss 1.00 X 0 0 0 Peter W Mertz 60.00 X 193658 0 21447 John T Drisko 60.00 X 108642 0 20003 Kimberly G Bridgham 50.00 X 58092 0 5567 360392 0 47017 2 0 1 0 0 5405 432804 22589 438209 Tuition & Fees 611710 6490314 6490314 Arena Income 531120 330290 266716 63574 Auxiliary Income 611710 233450 233450 Other Program Revenue 611710 73859 73859 Summer Revenue 611710 16539 16539 7144452 70498 70498 126098 243651 -117553 -117553 -70573 -46980 79033 5405 22672 56361 56361 7591967 7080878 -6999 79879 1690881 1690881 407409 407409 2754772 2401282 176577 176913 10988 9471 1146 371 529317 470043 38636 20638 230610 180990 37493 12127 6179 1236 4634 309 32297 6459 24223 1615 10692 10692 86702 1992 84710 102709 3541 99168 482519 338459 110002 34058 417553 299691 113448 4414 59506 56171 2300 1035 6298 2921 1638 1739 258491 258491 706772 578093 128679 28124 22509 4881 734 Education Expense 178414 162903 8007 7504 Provision for Uncollect 133582 133582 Miscellaneous Expense 41531 31941 5840 3750 Capital Expenditures 23035 20062 2005 968 Bad Debt Expense 6407 6407 8204788 6670718 1267895 266175 509124 611531 242895 176958 1443298 905718 13380 27522 140116 23998 19868903 7344059 13151979 12524844 3061359 3552444 34456 27966 322584 361036 18919191 18212017 419501 366722 572327 590743 1853130 1779214 45000 45000 2796476 2211060 32530 10780 5718964 5003519 X 8973214 9253647 2315832 2019054 1911181 1935797 13200227 13208498 18919191 18212017 X -612821 621092 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3061359 35757 619465 164137 3552444 2688628 180958 360873 169100 3061359 3531122 42592 -719086 166000 2688628 0.28440 0.54490 0.17070 0 0 199964 199964 15653400 4491261 11162139 2373709 1908358 465351 1641830 944440 697390 12524844 Security Deposits 10780 10780 7591967 8204788 -612821 560319 60773 621092 8271 6687601 560319 236888 797207 5890394 10692 1690881 1701573 7591967 6679330 176115 176115 6503215 10692 1690881 1701573 8204788 Description of Intended Use of Endowment Funds: Part V, Line 4: Intended uses of endowment funds include capital improvements, scholarships, faculty enrichment, diversity, and other various mission-related purposes. Part XI, Line 8 - Other Adjustments: Change in Value of Deferred Gifts 60,752. Change in the Present Value Discount 21. Part XII, Line 2d - Other Adjustments: Rental Expense 153,443. Fundraising Expense 22,672. Change in Value of Deferred Gifts 60,752. Change in the Present Value Discount 21. Part XII, Line 4b - Other Adjustments: Financial Aid 1,690,881. Part XIII, Line 2d - Other Adjustments: Rental Expense 153,443. Fundraising Expense 22,672. Part XIII, Line 4b - Other Adjustments: Financial Aid 1,690,881. 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 The racially nondiscriminatory policy is printed in all advertising and promotional materials. Auction 84438 5405 79033 5000 4414 13258 84438 5405 79033 5000 4414 13258 22672 56361 1 Financial Aid 131 1690881 FMV Tuition Discount Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: All financial aid is credited directly to the students account balances. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Peter W Mertz 187645 0 0 0 6013 0 0 0 21447 0 215105 0 0 0 Part I, Line 1a The housing allowance is part of the employment contract. Travel for companions is provided as a stipend for performing support duties associated with the school including attending off campus school related meetings. Town of Yarmouth 016000459 2003-01-06 2305000 Refinance land and building purchase 0 0 0 2305000 9047 2295953 2004 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 John Kauffmann Purchase 23 Storer Street X 45000 45000 0 1 1 45000 Form 990, Part VI, Section B, line 11 A draft Form 990 is reviewed by the school's CFO to assure a proper reconciliation between the audited financials and the 990 format. Once the draft is approved by the CFO, the CFO then reviews it with the Board Treasurer who subsequently signs the return after the review process is complete. The reviewed 990 draft will be made available to the full board prior to filing. Form 990, Part VI, Section B, line 12 A conflict of interest form is distributed annually to all board members. Board members are asked to complete the form and submit it to the Organization on an annual basis. The Organization is working towards ensuring the the policy is consistently monitored and enforced. Form 990, Part VI, Section B, line 15 The Headmaster's compensation is determined by a compensation review committee (made up of the board's officers). They use comparative data supplied by NAIS, ISANNA and Carney Sandoe. Form 990, Part VI, Section C, line 19 North Yarmouth Academy makes its governing documents, conflict of interest policy and financial statements available to the public upon appropriate request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 560,319. Change in Value of Deferred Gifts 60,752. Change in the Present Value Discount 21. Total to Form 990, Part XI, Line 5: 621,092. Oversight of Audit Form 990, Part XI, Line 2c: The audit process has not changed from the prior year. Interested Person Status: Form 990, Schedule L, Part II: John Kauffman is a former board member.