LANDMARK SCHOOL INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: LANDMARK SCHOOL INC (EIN 04-2429311)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-03-01
IRS object ID: 201220619349301712
Schema version: 2010v3.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule J
Schedule K
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-01T09:53:53-06:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	K E MCGILLIVRAY & COMPANY LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	17 MAPLE STREET 2ND FLOOR	AddressLine1
City	DANVERS	City
State	MA	State
ZIP Code	01923	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	042429311	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	LANDMARK SCHOOL INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	LAND	NameControl
Phone	9789274440	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	429 HALE STREET	AddressLine1
City	PRIDES CROSSING	City
State	MA	State
ZIP Code	01965	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARK BRISLIN	Name
Title	VP OF FINANCE	Title
Phone	9789274440	Phone
Date Signed	2012-01-19	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GREGG J BURNS	Name
Phone	9787771181	Phone
Date Prepared	2012-03-01	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	30284433	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.LANDMARKSCHOOL.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1967	YearFormation
State Legal Domicile	MA	StateLegalDomicile
Activity Or Mission Description	TO ENABLE AND EMPOWER STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES TO REALIZE THEIR EDUCATIONAL AND SOCIAL POTENTIAL THROUGH AN EXEMPLARY SCHOOL PROGRAM COMPLEMENTED BY OUTREACH AND TRAINING, DIAGNOSIS AND RESEARCH.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	23	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	22	NbrIndependentVotingMembers
Total Nbr Employees	397	TotalNbrEmployees
Total Nbr Volunteers	97	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	547027	ContributionsGrantsPriorYear
Contributions Grants Current Year	1478853	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	23027689	ProgramServiceRevenuePriorYear
Program Service Revenue CY	23657389	ProgramServiceRevenueCY
Investment Income Prior Year	-108158	InvestmentIncomePriorYear
Investment Income Current Year	407419	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	23466558	TotalRevenuePriorYear
Total Revenue Current Year	25543661	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	474482	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	443084	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	17268560	SalariesEtcPriorYear
Salaries Etc Current Year	17939948	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	685510	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5828440	OtherExpensePriorYear
Other Expenses Current Year	6692089	OtherExpensesCurrentYear
Total Expenses Prior Year	23571482	TotalExpensesPriorYear
Total Expenses Current Year	25075121	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-104924	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	468540	RevenuesLessExpensesCY
Total Assets BOY	45112988	TotalAssetsBOY
Total Assets EOY	46512413	TotalAssetsEOY
Total Liabilities BOY	17286604	TotalLiabilitiesBOY
Total Liabilities EOY	17290096	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	27826384	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	29222317	NetAssetsOrFundBalancesEOY
Mission Description	TO ENABLE AND EMPOWER STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES TO REALIZE THEIR EDUCATIONAL AND SOCIAL POTENTIAL THROUGH AN EXEMPLARY SCHOOL PROGRAM COMPLEMENTED BY OUTREACH AND TRAINING, DIAGNOSIS AND RESEARCH.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	22337924	Expense
Grants	443084	Grants
Description	PROVIDING EDUCATIONAL PROGRAMS TO OVER 400 LEARNING- DISABLED AND DYSLEXIC CHILDREN IN ELEMENARY, MIDDLE AND HIGH SCHOOL PROGRAMS.	Description
Total Program Service Expense	22337924	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	30	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	397	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	23	NbrVotingGoverningBodyMembers
Number Independent Voting Members	22	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MARK BRISLIN	NamePerson
Telephone Number	9782363202	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	429 HALE STREET	AddressLine1
City	PRIDES CROSSING	City
State	MA	State
ZIP Code	01965	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (25 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
HARVEY ALTER
CHAIR OF FAC	2.00	X	0	0	0
ROBERT CAMPBELL
CHAIR OF INV	2.00	X	0	0	0
LYNN DARLING
TRUSTEE	2.00	X	0	0	0
AMY FITZPATRICK
TRUSTEE	2.00	X	0	0	0
LINDA GERSH
TRUSTEE	2.00	X	0	0	0
WILIAM GOLDTHWAIT
TRUSTEE	2.00	X	0	0	0
JOHN J MCDONOUGH
TRUSTEE	2.00	X	0	0	0
WILLIAM M GRAVES JR
TRUSTEE	2.00	X	0	0	0
MOIRA JAMES
TRUSTEE	2.00	X	0	0	0
SANDRA L JESSE
TRUSTEE	2.00	X	0	0	0
NICHOLAS LOPARDO
CHAIRMAN	2.00	X	0	0	0
ROBERT MEROWITZ
TRUSTEE	2.00	X	0	0	0
JOSEPH H MORGART
TRUSTEE	2.00	X	0	0	0
WILLIAM T PATTEN
TRUSTEE	2.00	X	0	0	0
DAVID PETERSON
TRUSTEE	2.00	X	0	0	0
EDWARD PROBERT
TRUSTEE	2.00	X	0	0	0
CATHERINE SLARK
TRUSTEE	2.00	X	0	0	0
MARTIN SLARK
TREASURER	2.00	X	0	0	0
MICHAEL TANCRETI
TRUSTEE	2.00	X	0	0	0
GEORGE RATERMANN
TRUSTEE	2.00	X	0	0	0
DAVID TESSIER
TRUSTEE	2.00	X	0	0	0
ROBERT BROUDO
PRESIDENT	40.00		289101	0	33799	X
MARK BRISLIN
VP OF FINANC	40.00		155202	0	20796	X
MAUREEN FLORES
DEV OFFICER	40.00		125281	0	19014		X
ANN LARSEN
ADMISSION CO	40.00		116398	0	4656		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	685982	TotalReportableCompFromOrg
Total Other Compensation	78265	TotalOtherCompensation
Number Individuals GT100 K	4	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
BROCK & COMPANY
GREAT VALLEY PARKWAY	MALVERN	PA	19355	FOOD SERVICE	1112000
CUTLER ASSOCIATES
HARVARD STREET	WORCESTER	MA	01615	GEN CONTRACTOR	475221
MENNINO CONSTRUCTION
76 OAKVILLE STREET	LYNN	MA	01905	GEN CONTRACTOR	107548
WILSON ELECTRIC
WIRLING DRIVE	BEVERLY	MA	01915	ELECTRICIAN	106596

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
All Other Contributions	1478853	AllOtherContributions
Noncash Contributions	21755	NoncashContributions
Total Contributions	1478853	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION	21655620	21655620
FEES AND OTHER INCOME	804777	804777
TUITION SUMMER	710995	710995
DAY CARE	276286	276286
OUTREACH PROGRAM	209711	209711

Field	Value	IRS element (for citing)
Total Program Service Revenue	23657389	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	314302	TotalRevenueColumn
Related Or Exempt Function Income	314302	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	4833889	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	4740772	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	93117	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	93117	TotalRevenueColumn
Related Or Exempt Function Income	93117	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	25543661	TotalRevenueColumn
Related Or Exempt Function Income	24064808	RelatedOrExemptFunctionIncome

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	443084	Total
Program Services	443084	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	444303	Total
Management And General	422803	ManagementAndGeneral
Fundraising	21500	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	13640482	Total
Program Services	12741699	ProgramServices
Management And General	498897	ManagementAndGeneral
Fundraising	399886	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2754895	Total
Program Services	2449143	ProgramServices
Management And General	228846	ManagementAndGeneral
Fundraising	76906	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1100268	Total
Program Services	1005793	ProgramServices
Management And General	62909	ManagementAndGeneral
Fundraising	31566	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	5920	Total
Management And General	5920	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	39600	Total
Management And General	39600	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2131137	Total
Program Services	2102272	ProgramServices
Management And General	25978	ManagementAndGeneral
Fundraising	2887	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1159091	Total
Program Services	998557	ProgramServices
Management And General	157868	ManagementAndGeneral
Fundraising	2666	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
MEALS	1040946	1039511	1339	96
PROGRAM SUPPLIES AND MATE	706896	706896
LOSS ON BOND REFINANCING	294227		294227
STAFF TRAINING	199384	199384
BAD DEBT EXPENSE	177817	177817

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	937071	Total
Program Services	473768	ProgramServices
Management And General	313300	ManagementAndGeneral
Fundraising	150003	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	25075121	Total
Program Services	22337924	ProgramServices
Management And General	2051687	ManagementAndGeneral
Fundraising	685510	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	7301267	BOY
EOY	7936524	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	1237600	BOY
EOY	923424	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	499600	BOY
EOY	523224	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	1400	BOY
EOY	3700	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	71798	BOY
EOY	218234	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	43510866	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	14659383	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	28800518	BOY
EOY	28851483	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	5827666	BOY
EOY	7545851	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	975190	BOY
EOY	317400	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	397949	BOY
EOY	192573	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	45112988	BOY
EOY	46512413	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2240241	BOY
EOY	2039773	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	3326104	BOY
EOY	4093606	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	11576259	BOY
EOY	10915768	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	144000	BOY
EOY	240949	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	17286604	BOY
EOY	17290096	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	24565213	BOY
EOY	25738989	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1657921	BOY
EOY	1873379	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1603250	BOY
EOY	1609949	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	27826384	BOY
EOY	29222317	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	45112988	BOY
EOY	46512413	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	468540	ReconcilationRevenueExpenses
Reconcilation Other Changes	927393	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	7160193	BeginningOfYearBalance
Investment Earnings Or Losses	1113265	InvestmentEarningsOrLosses
Other Expenditures	-1173362	OtherExpenditures
End Of Year Balance	7781604	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	7668635	BeginningOfYearBalance
Investment Earnings Or Losses	741764	InvestmentEarningsOrLosses
Other Expenditures	-1250206	OtherExpenditures
End Of Year Balance	7160193	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	9291821	BeginningOfYearBalance
Investment Earnings Or Losses	-662113	InvestmentEarningsOrLosses
Other Expenditures	-278500	OtherExpenditures
End Of Year Balance	8351208	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.74970	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.20690	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.04340	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7996141	OtherCostOrOtherBasis
Book Value	7996141	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	30068422	OtherCostOrOtherBasis
Depreciation	10271990	Depreciation
Book Value	19796432	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4028636	OtherCostOrOtherBasis
Depreciation	3264203	Depreciation
Book Value	764433	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1417667	OtherCostOrOtherBasis
Depreciation	1123190	Depreciation
Book Value	294477	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	28851483	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DEFERRED COMPENSATION AGREEMENT	Description
Amount	$240,949	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	240949	TotalOfAmounts
Total Revenue	25543661	TotalRevenue
Total Expenses	25075121	TotalExpenses
Excess Or Deficit For Year	468540	ExcessOrDeficitForYear
Net Unrealized GL On Investments	927391	NetUnrealizedGLOnInvestments
Other	$2	OtherAmount
Total Adjustments	927393	TotalAdjustments
Excess Or Deficit Per FS	1395933	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	26379052	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	927391	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	927391	RevenueNotRptdF990
Revenue Subtotal	25451661	RevenueSubtotal
Other Revenues Not Included	92000	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	92000	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	25543661	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	24983119	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	24983119	ExpensesSubtotal
Other Expenses Not Included	92002	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	92002	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	25075121	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
INTENDED USES FOR ENDOWMENT FUNDS	SCHEDULE D, PAGE 2, PART V, LINE 4	THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS.
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	DAY CARE PROGRAM -92,000 DAY CARE PROGRAM 92,000 BOOK / TAX DEPRECIATION DIFFERENCE 2
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	DAY CARE PROGRAM 92,000
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	DAY CARE PROGRAM 92,000 BOOK / TAX DEPRECIATION DIFFERENCE 2

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	Identifier
Return Reference	SCHEDULE E LINE 6	ReturnReference
Explanation	REIMBURSEMENT FOR STATE LUNCH PROGRAM	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	FINANCIAL AID	TypeOfGrant
Number Of Recipients	44	NumberOfRecipients
Amount Of Cash Grant	443084	AmountOfCashGrant

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
ROBERT BROUDO
287601	1500	14679	19120	322900
MARK BRISLIN
153702	1500	8084	12712	175998

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS	Identifier
Return Reference	SCHEDULE J, PAGE 1, PART I, LINE 4	ReturnReference
Explanation	ROBERT BROUDO 0 36,000 0 MARK BRISLIN 0 16,500 0	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	MASS-DEVELOPMENT AGENCY - 2010 BOND	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	043431814	IssuerEIN
Date Issued	2010-12-23	DateIssued
Issue Price	11110000	IssuePrice
Description Of Purpose	REFUND A PRIOR ISSUE	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	11110000	TotalProceeds
Issuance Costs From Proceeds	57419	IssuanceCostsFromProceeds
Other Spent Proceeds	11052581	OtherSpentProceeds
Current Refunding	true	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	false	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	false	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	false	Form8038TFiled
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	false	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
ROBERT BROUDO FBO DANVERSBANK
HEADMASTER & TR	7574000	CASH & CASH EQUIV	false
ROBERT BROUDO FBO DANVERSBANK
HEADMASTER & TR	11700000	SERIES 2010 BOND	false

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RELATED PARTY INFORMATION AMONG OFFICERS	FORM 990, PAGE 6, PART VI, LINE 2	CATHERINE SLARK MARTIN SLARK TRUSTEE TREASURER HUSBAND AND WIFE
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE ORGANIZATION'S FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM IS THEN PRESENTED TO MANAGEMENT FOR REVIEW. A COPY IS THEN MADE AVAILABLE TO THE FINANCE COMMITTEE, IN ORDER TO REVIEW, COMMENT AND RECOMMEND CHANGES TO THE FORM 990 PRIOR TO THE FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ALL DIRECTORS, OFFICERS AND MANAGEMENT ARE COVERED UNDER THE SCHOOL'S CONFLICT OF INTEREST POLICY. CONFLICTS ARE REQUIRED TO BE DISCLOSED TO THE BOARD OF DIRECTORS OR COMMITTEE AUTHORIZED BY THE BOARD TO REVIEW AND APPROVE THE CONTRACT OR TRANSACTION. ON OR BEFORE THE FIRST MEETING OF THE BOARD OF DIRECTORS EACH FISCAL YEAR, EACH DIRECTOR AND OFFICER SHALL PROVIDE TO THE BOARD OF DIRECTORS A DISCLOSURE STATEMENT OF ALL INTERESTED TRANSACTIONS WITH THE SCHOOL INVOLVING THE DIRECTOR OR OFFICER, IN SUCH FORM AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME SPECIFY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION FOR THE SCHOOL'S HEAD OF SCHOOL IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IN DETERMINING THE COMPENSATION FOR THIS POSITION, CONSIDERATION IS GIVEN TO COMPENSATION PAID TO SIMILAR POSITIONS IN SCHOOL'S OF COMPARABLE SIZE AND DEMOGRAPHICS, ALONG WITH THE OVERALL FINANCIAL HEALTH AND OUTLOOK OF THE SCHOOL.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE SCHOOL WILL CONSIDER FURNISHING FINANCIAL STATEMENTS, POLICY AND GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST.