2012-10-26T09:00:56-05:00 2012-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1001 HINGHAM STREET ROCKLAND MA 02370 990 2011-07-01 042574089 THE WALDORF SCHOOL INC WALD 7818631063 739 MASSACHUSETTS AVENUE LEXINGTON MA 024203916 JOSEPH O'REGAN 7818631063 2012-10-17 1 KEVIN T WHITE P00097855 7819821001 2012-10-17 2011 2016-02-24 21:20:13Z JOSEPH O'REGAN 739 MASSACHUSETTS AVENUE LEXINGTON MA 024203916 4782967 0 X WWW.THEWALDORFSCHOOL.ORG X 1971 MA TO PROVIDE AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS THE PHYSICAL, SPIRITUAL, SOCIAL, AND INTELLECTUAL GROWTH AND DEVELOPMENT OF OUR STUDENTS IN GRADES K-8. 14 10 68 40 0 0 328976 330027 3923580 4091620 9831 5011 39733 80864 4302120 4507522 533673 539734 0 0 2858487 3117100 0 0 102613 671675 801723 4063835 4458557 238285 48965 4263400 4167002 2425462 2284923 1837938 1882079 X WE ARE AN INDEPENDENT FACULTY-GUIDED PRE-KINDERGARTEN THROUGH EIGHTH GRADE WALDORF SCHOOL IN LEXINGTON, MASSACHUSETTS.OUR MISSION IS TO PROVIDE AN EDUCATIONAL ENVIRONMENT THAT SUPPORTS THE PHYSICAL, SPIRITUAL, SOCIAL, AND INTELLECTUAL GROWTH AND DEVELOPMENT OF OUR STUDENTS.OUR WORK IS BASED ON THE EDUCATIONAL CONTRIBUTIONS OF RUDOLF STEINER AND HIS INSIGHTS INTO HUMAN DEVELOPMENT AND SOCIAL FORMS.OUR GOAL IS TO AWAKEN AND FOSTER IN OUR STUDENTS:-A SENSE OF WONDER-CREATIVE AND INQUIRING MINDS-A WELL-FOUNDED BELIEF IN THEIR CAPACITIES-STRENGTH OF CHARACTER, WILL, AND INTELLECT; AND-COMPASSION FOR AND INTEREST IN ALL LIFE 0 0 3361726 539734 4077536 PROVIDING A COMPREHENSIVE, CULTURAL EDUCATION TO ENCOURAGE OUR STUDENTS (261 STUDENTS DURING THE 2011-2012 SCHOOL YEAR) TO DEVELOP INTO CREATIVE, BALANCED, RESPONSIBLE, AND CLEAR-THINKING INDIVIDUALS. 45427 39583 PROVIDING SUMMER PROGRAMS TO FURTHER ENHANCE THE EDUCATION AND LIVES OF ITS STUDENTS. THERE WERE 15 PARTICIPANTS IN THE SUMMER PROGRAM DURING FISCAL YEAR 2012. 3407153 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 20 0 68 1 0 0 0 0 0 1 1 0 0 0 0 X 14 10 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA X JOSEPH O'REGAN 7818631063 739 MASSACHUSETTS AVENUE LEXINGTON MA 02420 SHANNON AMES 1.00 X 0 0 0 JEFF ASK 1.00 X 0 0 0 TED BRAVEMAN 1.00 X 0 0 0 CHRISTINE ALAIMO 1.00 X 0 0 0 JULEBY HIRSCH 1.00 X 0 0 0 SUSAN CODY 40.00 X 57615 0 9123 LEAH PALUMBO 40.00 X 51585 0 9849 JONATHAN GREEN 1.00 X 0 0 0 WENDY MARGO 40.00 X 55198 0 8433 HELENE SVAHNQVIST 1.00 X 0 0 0 SAMUEL DINNAR 1.00 X X 0 0 0 KEITH HARTT 1.00 X X 0 0 0 MIGUEL CANIZARES 1.00 X X 0 0 0 HELENA NIIVA 40.00 X X 63111 0 9382 ROBERT SCHIAPPACASSE 40.00 X 62232 0 11784 JOSEPH O'REGAN 40.00 X 91609 0 79742 381350 0 128313 0 0 1 0 NORTHEAST ROOFING 155 MIDDLESEX STREET LOWELL MA 01852 ROOFING SERVICES 137000 1 77658 252369 47024 330027 TUITION & FEES 611600 4091620 4091620 4091620 5011 5011 43506 66181 -22675 -22675 -22675 54809 77658 85010 -30201 -30201 232495 124254 108241 108241 RECOVERIES OF BAD DEBT 611600 21680 21680 MISCELLANEOUS PROGRAM 611600 3819 3819 25499 4507522 4117119 0 60376 22500 22500 517234 517234 560344 257773 258554 44017 1894453 1517087 363645 13721 59468 45661 13617 190 442020 358628 80450 2942 160815 121101 36452 3262 7471 7471 18000 18000 1725 1725 11364 11364 29235 29235 128390 73481 45135 9774 246254 230603 15651 9501 9501 101570 94322 7248 28893 23059 5834 MISCELLANEOUS 95257 91844 3413 CONSULTING EXPENSE 50997 50997 CONTRACT LABOR 28707 28707 DUES AND SUBSCRIPTIONS 27540 27540 16819 16819 4458557 3407153 948791 102613 287183 139991 647360 667724 17500 3550 23041 10594 56410 64282 18983 27250 4654721 1619850 2958129 3034871 220521 189525 34273 29215 4263400 4167002 173527 74155 1161312 1173545 1090623 1037223 2425462 2284923 X 1598763 1662936 107124 87092 132051 132051 1837938 1882079 4263400 4167002 X 48965 -4824 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 189948 -423 189525 151486 4162 34300 189948 142150 5000 4336 151486 141637 513 142150 0.22090 0.69670 0.08240 0 0 800000 800000 1147718 389511 758207 2173684 847171 1326513 533319 383168 150151 3034871 4507522 4458557 48965 -4824 -4824 44141 4125443 -538914 -538914 4664357 -156835 -156835 4507522 4081302 4824 135155 139979 3941323 517234 517234 4458557 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE INCOME TO SUPPORT PROGRAMS, FINANCIAL AID, AND FUTURE CAPITAL NEEDS/CAPITAL MAINTENANCE FOR THE SCHOOL. PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -517,234. BAD DEBT RECOVERY -21,680. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL LOSS -32,581. COST OF GOODS SOLD -124,254. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 124,254. NET LOSS ON RENTAL ACTIVITY 32,581. BAD DEBT RECOVERY -21,680. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 517,234. 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 PUBLICIZES ITS NONDISCRIMINATORY POLICY TO THE GENERAL PUBLIC IN CONJUNCTION WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND (AISNE). HOLIDAY FAIR 23773 23773 2793 1612 1660 GALA 105312 50503 54809 47024 16203 12385 129085 74276 54809 47024 2793 17815 14045 81677 -26868 1 TOWN OF LEXINGTON RECREATION DEPARTMENT 1625 MASSACHUSETTS AVE LEXINGTON MA 02420 046001200 170(C)(1) 22500 N/A N/A RENOVATION OF TOWN PLAYGROUND USED BY STUDENTS OF THE WALDORF SCHOOL, INC. 1 FINANCIAL AID 93 517234 THE TUITION ASSISTANCE PROGRAM (TAP) COMMITTEE OVERSEES THE ENTIRE TUITION ASSISTANCE APPLICATION AND AWARD PROCESS, AND MAKES ALL AWARD DECISIONS. THIS COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT AND MONITORING OF TUITION ASSISTANCE AWARDS TO ENSURE THEY ARE APPLIED PROPERLY TOWARDS TUITION OF THE SCHOOL AND THAT THE PROCESS FOR SELECTING RECIPIENTS IS IN ACCORDANCE WITH THE SCHOOL'S POLICIES. X X X X 0 0 0 0 0 0 0 0 0 JOSEPH O'REGAN 91609 0 0 0 0 0 0 0 79742 0 171351 0 0 0 MEGAN CURTIS DAUGHTER OF TRUSTEE 53510 COMPENSATION, INCLUDING BENEFITS, FOR SERVICES AS TEACHER AND LIBRARIAN 0 KATHERINE GRAHAM-O'REGAN DAUGHTER OF OFFICER 2270 COMPENSATION FOR SERVICES AS A SUMMER PROGRAM COUNSELOR 0 KAREN GRAHAM SPOUSE OF OFFICER 22171 COMPENSATION FOR SERVICES AS A TEACHER 0 X VARIOUS AUCTION ITEMS 159 47024 FMV AT DONATION 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HOLD THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FINAL DRAFT OF FORM 990, EXCEPT FOR SCHEDULE B DUE TO CONFIDENTIALITY REASONS, HAS BEEN DISTRIBUTED TO ALL BOARD MEMBERS IN HARD COPY OR EMAIL PRIOR TO ITS FILING. QUESTIONS AND CLARIFICATIONS CAN BE DIRECTED TOWARD THE FINANCE AND ADMINSTRATION DIRECTOR, TREASURER, OR FINANCE COMMITTEE MEMBERS PRIOR TO THE FILING DATE. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY FOR REVIEWING THE 990 TO THE FINANCE COMMITTEE. THE FORM 990 AND ALL REQUIRED SUPPLEMENTAL SCHEDULES, EXCEPT FOR SCHEDULE B DUE TO CONFIDENTIALITY REASONS, HAVE BEEN REVIEWED FOR COMPLETENESS AND ACCURACY BY THE FINANCE COMMITTEE PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER ANNUALLY COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE TRUSTEE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO THE WALDORF SCHOOL INC. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE SCHOOL DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. ANY INDIVIDUALS WITH IDENTIFIED CONFLICTS OF INTEREST DO NOT PARTICIPATE IN DICUSSIONS OR VOTES WITH RESPECT TO THOSE MATTERS, NOR ARE THEY PERMITTED TO EXERT INFLUENCE ON ANY VOTING MEMBER REGARDING THOSE MATTERS. THIS POLICY IS APPLICABLE TO ALL OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION POLICY STATES THAT THE PROCESS INCLUDES THE FOLLOWING ELEMENTS: (1) REVIEW AND APPROVAL: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE OF THE WALDORF SCHOOL INC, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. (2) USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. (3)CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THIS PROCESS WAS PERFORMED DURING THE CURRENT FISCAL YEAR FOR THE POSITIONS OF THE SCHOOL DIRECTOR AND FINANCE AND ADMINISTRATION DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THESE DOCUMENTS ARE MADE AVAILABLE IN THE SCHOOL'S MAIN BUSINESS OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,824. FORM 990, PART XI, LINE 2C: THE SCHOOL'S AUDIT AND FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OF THE SCHOOL AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.