2012-05-24T12:15:30-05:00 2011-06-30 KAHN LITWIN RENZA & CO LTD 800 SOUTH STREET SUITE 300 WALTHAM MA 02453 990 2010-07-01 200332375 LIGHTHOUSE ACADEMIES INC LIGH 5086260901 1661 WORCESTER ROAD NO 207 FRAMINGHAM MA 01701 NATALIE WEISS 5086260901 2012-05-24 1 MEYER H LEVY 7815478800 2010 2016-02-24 21:20:13Z NATALIE WEISS 1661 WORCESTER ROAD NO 207 FRAMINGHAM MA 01701 6335893 0 X WWW.LIGHTHOUSE-ACADEMIES.ORG X 2003 DE NATIONAL NON-PROFIT CHARTER SCHOOL MANAGEMENT ORGANIZATION OPERATING IN URBAN AREAS THAT HAVE BEEN HISTORICALLY UNDERSERVED. 8 7 605 0 0 0 0 337800 5150965 5814234 90597 111211 152938 72648 5394500 6335893 0 50391 0 0 2657758 3348320 0 0 0 2413102 2656903 5070860 6055614 323640 280279 25517142 26095746 20490615 20662216 5026527 5433530 NATIONAL NON-PROFIT CHARTER SCHOOL MANAGEMENT ORGANIZATION OPERATING IN URBAN AREAS THAT HAVE BEEN HISTORICALLY UNDERSERVED. 0 0 5446006 5886882 ASSISTANCE IN THE CREATION, IMPLEMENTATION, MAINTENANCE AND ON-GOING MANAGEMENT OF PUBLIC CHARTER SCHOOLS 5446006 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 24 0 605 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA IN X ROBERT STEARNS 5086260901 1661 WORCESTER RD STE 207 FRAMINGHAM MA 01701 SCOTT HAMILTON 1.00 X X 0 0 0 NATALIE WEISS 1.00 X X 0 0 0 KEN BLACKLOW 1.00 X X 0 0 0 LINDA HARGAN 1.00 X 0 0 0 ELIZABETH HOLLAND 1.00 X 0 0 0 NICOLE BAKER FULGHAM 1.00 X 0 0 0 DAVID HOFFMAN 1.00 X 0 0 0 MICHAEL RONAN 60.00 X X 190506 0 23243 ROBERT STEARNS 50.00 X 124593 0 20607 JOEL SCHARFER 50.00 X 131370 0 13872 KIMBERLEE SIA 50.00 X 125280 0 20239 PEGGYANNE ECCLESINE 50.00 X 122265 0 10656 569421 0 68010 5 0 1 0 EAST HARDING CONSTRUCTION CO 2230 COTTONDALE LN 3 LITTLE ROCK AR 72202 CONSTRUCTION SERV. 152023 DEPAUL UNIVERSITY 1 EAST JACKSON BLVD CHICAGO IL 60604 CONFERENCE SITE 115048 2 7800 330000 337800 SERVICE FEES 611600 3203278 3203278 RENTAL PROGRAM SERVICE 611600 2122595 2122595 FACILITY AND MAINTENAN 611600 488361 488361 5814234 111211 111211 MISCELLANEOUS INCOME 611600 72648 72648 72648 6335893 5886882 0 111211 50391 50391 357188 337423 19765 2481864 2320161 161703 298932 279657 19275 210336 196082 14254 86668 86668 36483 36483 34100 34100 298688 210305 88383 12984 12121 863 109875 78945 30930 32922 30584 2338 207772 201292 6480 82570 77608 4962 7160 7160 868033 776502 91531 636248 636248 91657 89446 2211 SCHOOL AND STAFF DEVELO 96713 96713 PAYROLL PROCESSING FEES 35155 25493 9662 DUES AND SUBSCRIPTIONS 11250 11250 MISCELLANEOUS 8625 8625 6055614 5446006 609608 0 974393 975366 1896456 2196912 1093552 1245382 103923 70181 20720521 1771576 18359352 18948945 3089466 2658960 25517142 26095746 592284 676623 4140762 5008544 15757569 14977049 20490615 20662216 X 1769784 1977568 3256743 3455962 5026527 5433530 25517142 26095746 X 280279 126724 X 0 1 1 X 0 X 1490000 281000 1944450 337800 4053250 2188589 3824403 5071471 5150965 5814234 22049662 3678589 4105403 7015921 5150965 6152034 26102912 0 1830918 3391053 1832175 173282 7227428 1830918 3391053 1832175 173282 7227428 18875484 166650 147526 80258 90597 111211 596242 166650 147526 80258 90597 111211 596242 8040 80592 105670 152938 72648 419888 3853279 4333521 7201849 5394500 6335893 27119042 0.69600 0.65880 0.02200 0.02350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 18464120 1283006 17181114 550000 28526 521474 706401 460044 246357 18948945 DUE FROM CHARTER SCHOOLS 236203 REVOLVING LOAN RECEIVABLES 1948101 FINANCING FEES 474656 2658960 CAPITAL LEASE OBLIGATION 108534 BONDS PAYABLE 14355000 FAIR VALUE OF INTEREST RATE SWAPS 186668 DUE TO SCHOOLS 152847 DEPOSITS 174000 14977049 6335893 6055614 280279 126724 126724 407003 6335893 0 6335893 0 6335893 6055614 0 6055614 0 6055614 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MANAGEMENT OF THE ORGANIZATION BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS ON BOTH THE STATE AND FEDERAL LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES AND THE FEDERAL INCOME TAX RETURNS FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 179,769. WRITE-OFF OF ACCOUNTS AND NOTES RECEIVABLE -53,045. 0 COLLEGE READY NOW 26 BROOKDALE AVE WELLESLEY MA 02482 271440866 501(C)(3) 50391 OPERATIONAL SUPPORT FOR SCHOLARSHIP SERVICES. X 0 0 0 0 0 0 0 0 0 MICHAEL RONAN 190000 0 506 0 0 0 7620 0 15623 0 213749 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. A REVIEW IS CONDUCTED AT A BOARD OF TRUSTEES MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THE BOARD OF DIRECTORS TO COMPLETE ON AN ANNUAL BASIS THE CONFLICT OF INTEREST FORM. THE POLICY CALLS FOR FULL DISCLOSURE WITHIN 48 HOURS IN THE EVENT OF A CONFLICT OF INTEREST AND AN EVALUATION IS DONE BY THE PRESIDENT. NO ACTION IS DONE WITHOUT A VOTE BY THE FULL BOARD WHICH COULD INCLUDE RESIGNATION OR REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY A COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE CEO. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE CEO AND IS AVAILABLE FOR REVIEW BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE AT THE SECRETARY OF STATES OFFICE. THE ANNUAL FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL FILING WITH THE STATE ATTORNEY GENERAL AND ARE AVAILABLE FOR PUBLIC INSPECTION AT THAT OFFICE. THE ORGANIZATION DOES NOT MAKE ITS BY-LAWS AVAILABLE TO THE PUBLIC AS IT DOES NOT BELIEVE THAT A PUBLIC PURPOSE WOULD BE SERVED BY DOING SO. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 179,769. WRITE-OFF OF ACCOUNTS AND NOTES RECEIVABLE -53,045. TOTAL TO FORM 990, PART XI, LINE 5: 126,724. CHARTER FACILITIES MANAGEMENT LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 208038615 PROVIDES FACILITY MAINTENANCE AND OTHER SERVICES TO THE SCHOOLS DE 625887 479216 LIGHTHOUSE ACADEMIES INC LIGHTHOUSE ACADEMIES OF INDIANA LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 200951240 HOLDS LEASES AND PROPERTY FOR CHARTER SCHOOLS DE 0 0 LIGHTHOUSE ACADEMIES INC EAST CHICAGO LIGHTHOUSE FACILITY LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 450591887 TO HOLD PROPERTY RELATED TO A CHARTER SCHOOL DE 242513 1479392 CHARTER FACILITIES MANAGEMENT LLC CLEVELAND LIGHTHOUSE WEST LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 260161334 ENGAGE IN BUSINESS OF REAL ESTATE LEASING AND MANAGEMENT DE 0 0 CHARTER FACILITIES MANAGEMENT LLC MONUMENT LIGHTHOUSE FACILITY LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 260161383 TO HOLD PROPERTY RELATED TO A CHARTER SCHOOL DE 551407 6184187 CHARTER FACILITIES MANAGEMENT LLC WEST GARY LIGHTHOUSE CHARTER SCHOOL FACILITY LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM MA 01701 260161419 TO HOLD PROPERTY RELATED TO A CHARTER SCHOOL DE 701014 7932149 CHARTER FACILITIES MANAGEMENT LLC GARY LIGHTHOUSE CHARTER SCHOOL FACILITY LLC 1661 WORCESTER ROAD SUITE 207 FRAMINGHAM ME 01701 412273813 FURTHER THE CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSE OF LHA DE 491323 4751192 CHARTER FACILITIES MANAGEMENT LLC