2012-11-13T13:01:29-06:00 2012-06-30 208014049 STONE & COMPANY LLC 57 BEDFORD ST STE 225 LEXINGTON MA 024204443 990 2011-07-01 042525467 THE LEARNING PROJECT INC LEAR 6172668427 107 MARLBOROUGH STREET BOSTON MA 02116 MICHAEL MCCORD 6172668427 2012-10-23 1 MATTHEW P STONE CPA P00034719 7818636300 2012-10-23 2011 2016-02-24 21:20:13Z MICHAEL MCCORD 107 MARLBOROUGH STREET BOSTON MA 02116 2826794 0 X LEARNINGPROJECT.ORG X 1973 MA EDUCATIONAL INSTRUCTION GRADES K-6. 23 22 47 50 0 0 358161 405323 2195100 2284908 48425 46563 32720 33841 2634406 2770635 359726 385021 0 0 1779325 1792967 0 0 51982 390098 422142 2529149 2600130 105257 170505 4568906 4757439 820401 884412 3748505 3873027 EDUCATIONAL INSTRUCTION GRADES K-6 0 0 1999857 385021 2284908 ELEMENTARY SCHOOL PROGRAMS FOR 118 STUDENTS IN GRADES K-6. THE SCHOOL HAS HIGH ACADEMIC EXPECTATIONS, BROAD DIVERSITY AND A STRONG SENSE OF COMMUNITY. 1999857 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 7 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 1 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X ELISABETH MCCORD 6172668427 107 MARLBOROUGH STREET BOSTON MA 02116 MICHAEL MCCORD 40.00 X X 145828 0 21711 CARL PRINDLE 2.00 X X 0 0 0 CAROLYN DAVIS 2.00 X 0 0 0 MICHELLE DAVIS 2.00 X 0 0 0 ANJALI SASTRY 2.00 X 0 0 0 ROBERT FORTES 2.00 X 0 0 0 LINDA BOSSE 2.00 X 0 0 0 IRA GOLDKLANG 2.00 X 0 0 0 CHANEL ANDERSON 2.00 X 0 0 0 DORCAS GRIGG-SAITO 2.00 X 0 0 0 JIM BORDEWICK 2.00 X 0 0 0 GAIL EAGAN 2.00 X 0 0 0 WILL CRAWFORD 2.00 X 0 0 0 LAURA QUILTY 2.00 X X 0 0 0 JOHN AQUINO 2.00 X 0 0 0 ANDREW CABOT 2.00 X 0 0 0 JAMES HACKNEY 2.00 X 0 0 0 JOHN NELSON 2.00 X X 0 0 0 JILL HATTON 2.00 X 0 0 0 PAT BENZIE 2.00 X 0 0 0 HOWARD GALLIGAN 2.00 X 0 0 0 NED GRAY 2.00 X 0 0 0 JOSH GLENN 2.00 X 0 0 0 ALICIA TOWNS FRANKEN 2.00 X 0 0 0 MARY PELLETIER 40.00 X 61688 0 9007 JOHN ROBINSON 40.00 X 61856 0 8068 ELISABETH MCCORD 40.00 X 78045 0 15467 347417 0 54253 1 0 1 0 0 25150 380173 35057 405323 TUITION 611710 2268182 2268182 MISCELLANEOUS 900099 13161 13161 APPLICATION FEES 611710 3565 3565 2284908 45853 45853 35767 35057 710 710 710 54943 25150 21102 33841 33841 2770635 2284908 0 80404 385021 385021 425969 246167 179802 1101130 907904 155726 37500 62933 50285 10023 2625 95433 77171 15433 2829 107502 81832 22929 2741 27055 27055 23518 332 17079 6107 59712 4010 55702 5443 1724 3719 24000 24000 77838 68713 9125 23582 5389 18013 180 REPAIRS & MAINTENANCE 71711 57399 14312 EQUIPMENT, SUPPLIES AND 55612 51567 4045 SCHOOL FUNCTIONS AND OU 19039 19039 UTILITIES 13422 10738 2684 21210 8566 12644 2600130 1999857 548291 51982 921774 1179224 7269 1787 4248 14482 14944 19273 1451273 923405 605468 527868 3015203 3014805 4568906 4757439 179256 167461 641145 716951 820401 884412 X 3073459 3192518 322350 323713 352696 356796 3748505 3873027 4568906 4757439 X 170505 -45983 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: THE SCHOOL BELONGS TO MEMBER ORGANIZATIONS, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. SOME PORTION OF MEMBERSHIP DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES. 2319473 24100 -1682 13975 2327916 1902898 22100 408138 13663 2319473 1657909 24600 233815 13426 1902898 2051424 39850 -402346 31019 1657909 0.70800 0.15300 0.13900 0 0 949875 593682 356193 310132 168173 141959 122724 93008 29716 68542 68542 0 527868 2770635 2600130 170505 -45983 -45983 124522 2360733 -45983 21102 -24881 2385614 385021 385021 2770635 2236211 21102 21102 2215109 385021 385021 2600130 PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS AND ACTIVITIES DIRECT EXPENSES 21,102. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 385,021. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS AND ACTIVITIES DIRECT EXPENSES 21,102. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 385,021. 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 SCHOOL ANNUALLY PUBLISHES A NOTICE OF ITS NON-DISCRIMINATION POLICY IN THE BOSTON GLOBE, A NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. SPRING EVENT 69271 25150 44121 17078 2210 BOOK FAIR 9973 9973 1428 2 849 849 386 80093 25150 54943 17078 4024 21102 33841 1 TUITION ASSISTANCE OR SCHOLARSHIP AWARDS. 38 385021 FAIR MARKET VALUE OF PUBLISHED TUITION RATES TUITION ASSISTANCE AND SCHOLARSHIP AWARDS. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE LEARNING PROJECT USES THE SCHOOL SCHOLARSHIP SERVICE IN PRINCETON, NEW JERSEY, WHICH PROCESSES ALL TUITION ASSISTANCE APPLICATIONS. THE SCHOOL SCHOLARSHIP SERVICE THEN SENDS THEIR EVALUATION AND A TUITION ASSISTANCE COMMITTEE OF THE LEARNING PROJECT BOARD OF TRUSTEES MAKES THE FINAL RECOMMENDATION. TUITION ASSISTANCE GRANTS ARE BASED ON THE ASSESSMENT OF NEED AND ON FUNDS AVAILABLE. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL MCCORD 145828 0 0 0 0 0 0 0 21711 0 167539 0 0 0 X 5 35057 MARKET VALUE OF SECURITY 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE HEAD OF THE SCHOOL MICHAEL MCCORD AND THE BUSINESS MANAGER OF THE SCHOOL ELISABETH MCCORD ARE HUSBAND AND WIFE. MR. MCCORD ALSO SERVES AS AN EX-OFFICIO MEMBER OF THE BOARD OF TRUSTEES OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 4 THE LEARNING PROJECT SCHOOL AMENDED ITS BY-LAWS EFFECTIVE MAY 23, 2012. THE AMENDEMENTS INCLUDED CHANGES IN THE COMPOSITION OF THE MEMBERS OF THE BOARD OF TRUSTEES; THERE SHALL BE NO MEMBERS AT LARGE WHO ARE EMPLOYEES OF THE CORPORATION; THE HEAD OF THE SCHOOL WILL SERVE EX-OFFICIO WITHOUT A VOTE; NOMINATIONS FOR TRUSTEES SHALL BE MADE BY A COMMITTEE ON TRUSTEES APPOINTED BY THE BOARD CHAIR; TRUSTEES SHALL BE ELECTED BY A MAJORITY OF THE VOTE OF THOSE TRUSTEES PRESENT AT THE LAST REGULARLY SCHEDULED TRUSTEES MEETING OF THE YEAR. THERE WERE ALSO CHANGES TO THE FUNCTIONS AND RESPONSIBILITIES OF THE HEAD OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 6 THE LEARNING PROJECT IS A MEMBERSHIP ORGANIZATION, THE MEMBERS OF THE BOARD OF TRUSTEES THEN IN OFFICE SHALL BE THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES THEN IN OFFICE SHALL BE THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PRESENTED TO THE GOVERNING BODY FOR COMMENTS AND QUESTIONS BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C UPON ELECTION TO THE BOARD, AND ANNUALLY THEREAFTER DURING HIS OR HER TERM, EACH TRUSTEE COMPLETES A CONFLICT OF INTEREST POLICY STATEMENT. EACH COMPLETED STATEMENT IS REVIEWED AND RETAINED BY THE BOARD TO ENSURE COMPLIANCE WITH THIS POLICY'S RESTRAINTS ON PARTICIPATION. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD'S REVIEW AND COMPENSATION COMMITTEE CONDUCTS A PERFORMANCE REVIEW WITH THE HEAD OF SCHOOL, REVIEWS DATA ON THE COMPENSATION OF HEADS OF COMPARABLE INDEPENDENT SCHOOLS IN MASSACHUSETTS, AND REPORTS ITS FINDINGS TO THE FULL BOARD WITH A RECOMMENDED COMPENSATION FOR THE HEAD. MINUTES OF THE MEETINGS ARE RETAINED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -45,983.