2012-06-22T11:53:09-05:00 2011-09-30 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2010-10-01 222746879 CAST INC CAST 7812452212 40 HARVARD MILLS SQUARE NO 3 WAKEFIELD MA 018803233 ADA SULLIVAN 7812452212 2012-06-18 1 JOYCE RIPIANZI 9785575300 2010 2016-02-24 21:20:13Z ADA SULLIVAN 40 HARVARD MILLS SQUARE NO 3 WAKEFIELD MA 018803233 6301097 0 X WWW.CAST.ORG X 1986 MA TO EXPAND LEARNING OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES THROUGH INNOVATIVE USE OF TECHNOLOGY 12 10 48 0 0 0 5179238 4787206 909944 1416014 3863 6070 192049 91807 6285094 6301097 0 0 0 0 4013875 4366521 0 0 172085 2014319 1866481 6028194 6233002 256900 68095 5061196 5442139 410162 723010 4651034 4719129 X TO EXPAND LEARNING OPPORTUNITIES FOR ALL INDIVIDUALS, ESPECIALLY THOSE WITH DISABILITIES, THROUGH THE RESEARCH AND DEVELOPMENT OF INNOVATIVE, TECHNOLOGY-BASED EDUCATIONAL RESOURCES AND STRATEGIES. 0 0 2412789 FEDERAL GRANTS (INCLUDING SUB-RECIPIENT AWARDS): VARIOUS FEDERALLY FUNDED PROGRAMS FROM THE DOE AND NSF TO FURTHER RESEARCH AND DEVELOPMENT IN THE AREAS OF UNIVERSAL DESIGN AND PROMOTE ACCESS TO THE GENERAL CURRICULUM BY ALL LEARNERS. 1153200 FOUNDATION FUNDED: PROGRAMS AND INITIATIVES FUNDED BY FOUNDATIONS TO PROMOTE BETTER SERVICING NEEDS IN THE AREAS OF ASSESSMENT, THE DEVELOPMENT OF NEW MULTIMEDIA LEARNING ENVIRONMENTS, AND IN SOLVING VARIOUS EDUCATIONAL CHALLENGES. 456973 SUBRECIPIENT CONTRACTUAL AGREEMENTS TO ASSIST OTHERS IN INCORPORATING UNIVERSAL DESIGN INTO THEIR SPECIFIC PRODUCTS AS WELL AS OTHER EFFORT TO DISSEMINATE UNIVERSAL DESIGN KNOWLEDGE. 462360 1416014 EARNED REVENUE: REVENUES GENERATED THROUGH PROFESSIONAL DEVELOPMENT TO TEACHERS AND THROUGH WORK WITH PUBLISHERS FOR DEVELOPING TOOLS TO ENHANCE CURRICULUM MEDIUMS PROMOTING A RICHER LEARNING ENVIRONMENT FOR ALL LEARNERS. 462360 1416014 4485322 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 48 1 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 MA X X THE ORGANIZATION 7812452212 40 HARVARD MILLS SQUARE NO 3 WAKEFIELD MA 018803233 ANNE MEYER 40.00 X X 103496 0 24425 DAVID ROSE 40.00 X X 146014 0 14941 SALLY BOWLES 5.00 X X 0 0 0 STEPHEN P CROSBY 5.00 X X 0 0 0 JIM WILLIAMSON 5.00 X X 0 0 0 JAN CELLUCCI 5.00 X 0 0 0 BILL CONNORS 5.00 X 0 0 0 LOUIS GOMES 5.00 X 0 0 0 CURTIS RICHARD 5.00 X 0 0 0 ANNE E SCHNEIDER 5.00 X 0 0 0 MICHAEL SLADDEN 5.00 X 0 0 0 PAUL YELLIN 5.00 X 0 0 0 LOGAN SMALLEY 5.00 X 0 0 0 MARKAY WINSTON 5.00 X 0 0 0 ADA SULLIVAN 40.00 X 133446 0 27400 CAROLE LACY 40.00 X 109024 0 12302 DAVID GORDON 40.00 X 142895 0 12469 CHARLES HITCHCOCK 40.00 X 128730 0 26645 WILLIAM STAHL 40.00 X 125301 0 13916 BORIS GOLDOWSKY 40.00 X 135054 0 9929 LISA POLLER 40.00 X 113905 0 19655 1137865 0 161682 13 0 1 0 0 3094696 1692510 4787206 CONSULTING REVENUE 541610 1416014 1416014 1416014 6070 6070 91807 91807 6301097 1416014 0 97877 625900 269123 356777 3044718 2314303 603812 126603 190061 148502 33039 8520 253024 195530 47281 10213 252818 188597 54285 9936 3000 3000 28030 28030 2399 2399 34495 4958 29537 327927 238396 79207 10324 294748 273358 18126 3264 6469 6199 270 180910 180910 7179 7179 CONSULTANTS 501944 477179 24402 363 SUBCONTRACTORS 159176 159176 PROGRAMMERS 116507 116507 TELECOMMUNICATIONS 63615 29016 34599 REPAIRS AND MAINTENANCE 30172 30172 109910 64478 42570 2862 6233002 4485322 1575595 172085 758905 2833747 3037867 1531341 337213 242838 566594 588069 64968 65512 1376105 1215623 158423 160482 137226 20150 5061196 5442139 398442 409709 11720 313301 410162 723010 X 3748858 3870454 837329 783828 64847 64847 4651034 4719129 5061196 5442139 68095 0 X X 0 1 1 X 1 1 X 2935508 5042296 6378747 5179238 4805159 24340948 1428043 1184770 1462808 909944 1416014 6401579 4363551 6227066 7841555 6089182 6221173 30742527 895000 755001 8000 13000 8000 1679001 0 895000 755001 8000 13000 8000 1679001 29063526 192216 169395 159566 195880 97877 814934 192216 169395 159566 195880 97877 814934 1050 448 1498 4555767 6397511 8001569 6285062 6319050 31558959 0.92090 0.89630 0.02580 0.02920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1289252 20169 691 28770 1281342 1407780 207059 929 326516 1289252 1394463 49590 13317 49590 1407780 0.44000 0.05000 0.00000 0 0 581679 577423 4256 523393 380681 142712 271033 257519 13514 160482 CUSTOMER DEPOSITS 313301 313301 6301097 6233002 68095 0 68095 6319050 17953 17953 6301097 0 6301097 6250955 17953 17953 6233002 0 6233002 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION INTENDS TO MAINTAIN THE PERMANENTLY RESTRICTED PORTION OF THE ENDOWMENT FUNDS IN PERPETUITY IN ACCORDANCE WITH DONORS DESIGNATIONS. THE TEMPORARILY RESTRICTED ENDOWMENT FUNDS WILL BE HELD UNTIL SUCH TIME THAT THE RESTRICTIONS ARE RELEASED. THE BOARD DESIGNATED ENDOWMENT FUND ARE EXPECTED TO BE HELD IN THE ENDOWMENT UNTIL SUCH TIME THE BOARD DEEMS IT NECESSARY TO UNRESTRICT THESE FUNDS. THE REMAINING PORTION OF THE ENDOWMENT FUND IS UNRESTRICTED, HOWEVER, MANAGEMENT HAS NO IMMEDIATE NEED TO USE THESE FUNDS, THEREFORE THEY WILL REMAIN IN THE ENDOWMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF SEPTEMBER 30, 2011 AND 2010, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION ASSESS THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF SEPTEMBER 30, 2011 OR 2010. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX POSITIONS WITHIN THE NEXT TWELVE MONTHS. X 0 0 0 0 0 0 0 0 0 DAVID ROSE 146014 0 0 0 0 0 0 0 14941 0 160955 0 0 0 ADA SULLIVAN 133446 0 0 0 0 0 0 0 27400 0 160846 0 0 0 DAVID GORDON 142895 0 0 0 0 0 0 0 12469 0 155364 0 0 0 CHARLES HITCHCOCK 128730 0 0 0 0 0 0 0 26645 0 155375 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DISTRIBUTES A COPY OF THE ORGANIZATION'S FINAL DRAFT FORM 990 TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A AN EXECUTIVE COMPENSATION COMMITTEE MADE UP OF 3 VOTING INDEPENDENT BOARD MEMBERS MEET TO PERFORM AN ANNUAL EVALUATION AND REVIEW OF THE PERFORMANCE AND COMPENSATION OF THE TWO CO-FOUNDERS AND PRESIDENT OF CAST. THE MBO (MANAGEMENT BY OBJECTIVES) TOOL IS UTILIZED AS A PERFORMANCE APPRAISAL METHOD FOR MEASURING SUCCESS. THE GOALS DEFINED BECOME THE BASIS FOR REVIEW AND DISCUSSION AROUND COMPENSATION AND TARGET SETTING FOR FUTURE EVALUATIONS. A COMPARISON OF OTHER NON-PROFIT ORGANIZATIONS THAT ARE SIMILAR IN MISSION, ORGANIZATION SIZE AND STRUCTURE IS PERFORMED TO ENABLE THE DELIBERATION AROUND COMPENSATION ADJUSTMENTS. THE DECISION IS THEN MADE BY THE COMPENSATION COMMITTEE WHETHER THE COMPENSATION OF THE THREE POSITIONS WILL BE ADJUSTED AND THE DETERMINED ADJUSTMENTS NEED TO BE UNANIMOUSLY APPROVED BY THE 3 COMPENSATION COMMITTEE MEMBERS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION PLACES SOME DOCUMENTS ON THE ORGANIZATION'S WEBSITE; ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PLACES SOME DOCUMENTS ON THE ORGANIZATION'S WEBSITE; ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. AUDIT/FINANCE COMMITTEE FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.