2011-03-02T13:15:16-06:00 2010-06-30 Tonneson & Company CPAs PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2009-07-01 042104926 Shore Country Day School SHOR 9789271700 545 Cabot Street Beverly MA 01915 David F Torchiana 9789271700 2011-03-01 1 Cynthia P Almquist 7812459999 2011-03-01 2009 2016-02-24 21:20:13Z David F Torchiana 545 Cabot Street Beverly MA 01915 11097177 0 X www.shoreschool.org X 1936 MA To provide education to students in Readiness/Kindergarten to 9th Grade. 23 23 139 250 0 0 820416 978189 9736256 9987638 129545 91364 0 10686217 11057191 823014 907335 0 6741520 6908060 20000 15000 433994 3396165 3465553 10980699 11295948 -294482 -238757 22703633 23054364 932791 751913 21770842 22302451 To provide an education that inspires a love of learning and encourages children to embrace academic challenge. We seek to build character, cultivate creativity, and value diversity as we help our children become healthy, compassionate citizens of the world. 0 0 7728286 907335 Shore Country Day School provides education to approximately 440 students in Readiness/Kindergarten to 9th Grade. 979642 Shore Country Day School provides food, bookstore, transportation services and athletic activities for its students. 8707928 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 139 1 0 1 CJ 0 0 0 0 0 0 0 0 0 23 23 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X Roberta B Whiting 9789271700 545 Cabot Street Beverly MA 01915 David F Torchiana MD 5.00 X X 0 0 0 Rosemary S French 5.00 X X 0 0 0 Ford O'Neil 5.00 X X 0 0 0 Susan Murley 5.00 X X 0 0 0 Martha J Carter 3.00 X 0 0 0 Gregory L Chin 3.00 X 0 0 0 Robert Clark Jr 3.00 X 0 0 0 Karla Kaneb 3.00 X 0 0 0 Pam Demetroulakos 3.00 X 0 0 0 Peter Harrison 3.00 X 0 0 0 W Drew Hoffman 3.00 X 0 0 0 Robert Duffy 3.00 X 0 0 0 Jane Stark 3.00 X 0 0 0 Seth C Ward 3.00 X 0 0 0 Francis M Bradley MD 3.00 X 0 0 0 Eve Trkla 3.00 X 0 0 0 Susan Fortin 3.00 X 0 0 0 James Allan 3.00 X 0 0 0 Sheila Burke 3.00 X 0 0 0 Nicola Savignano 3.00 X 0 0 0 Ali Towfighi 3.00 X 0 0 0 Ledyard McFadden 3.00 X 0 0 0 Stella Pierce 3.00 X 0 0 0 Lawrence A Griffin 40.00 X X 301450 0 30711 Roberta B Whiting 40.00 X 196250 0 17813 Marge Cregg 40.00 X 110250 0 0 Lee Carey 40.00 X 107250 0 10725 Elizabeth MacCurrach 40.00 X 100000 0 10000 715200 0 59249 4 0 1 0 0 978189 978189 Tuition and fees 611600 9837314 9837314 Auxilliary activities 611710 110965 110965 Other income 611710 39359 39359 9987638 131350 131350 39986 -39986 -39986 -39986 11057191 9947652 0 131350 907335 907335 627818 627818 5175853 4261243 628389 286221 378744 277369 81768 19607 292296 194026 79264 19006 433349 317358 93557 22434 28586 28586 15000 15000 420228 260799 129131 30298 15123 14483 640 751045 751045 Insurance 716518 668017 48501 Student related expense 355934 196529 145927 13478 Utilities 248291 248291 Repairs and maintenance 242168 153964 84706 3498 Professional developmen 127034 97805 17012 12217 560626 374147 174884 11595 11295948 8707928 2154026 433994 116987 187913 2610184 2221965 39178 220668 239893 18693890 7516108 11464372 11177782 7711000 8822842 541244 403969 22703633 23054364 177764 69379 347552 284684 407475 397850 932791 751913 X 19134060 19417683 1263150 1458436 1373632 1426332 21770842 22302451 22703633 23054364 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6509561 66870 830650 343895 7063186 8428743 6130 -1579174 346138 6509561 0.74000 0.20000 0.06000 0 0 10500 10500 16970998 6310457 10660541 1616234 1174025 442209 96158 31626 64532 11177782 Tuition deposits 397850 397850 11057191 11295948 -238757 770366 770366 531609 10920222 770366 770366 10149856 907335 907335 11057191 10388613 0 10388613 907335 907335 11295948 Part XI, Line 8 - Other Adjustments: Unrealized gain on investments: 770366. Part XII, Line 2d - Other Adjustments: Unrealized gain on investments: 770366. Part XII, Line 4b - Other Adjustments: Financial Aid: 907335. Part XIII, Line 4b - Other Adjustments: Financial Aid: 907335. 1 1 1 Policy is described in newspaper advertising. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Financial Aid 58 907335 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Financial Aid is awarded to families who demonstrate financial need through the School and Student Services for Financial Aid (SSS) program, sponsored by the National Association of Independent Schools. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Lawrence A Griffin 301450 0 0 0 0 0 0 0 30711 0 332161 0 0 0 Roberta B Whiting 196250 0 0 0 0 0 0 0 17813 0 214063 0 0 0 Form 990, Part VI, Section A, line 6 The parents of any child who is enrolled as a pupil of the school is a member of the organization until such child ceases to be a pupil of the school. Form 990, Part VI, Section A, line 7a The members of the organization elect the trustees, treasurer and clerk. Form 990, Part VI, Section A, line 7b The members of the organization elect the trustees, treasurer and clerk. Form 990, Part VI, Section B, line 11 The Form 990 is presented to the compensation committee as directed by the board of directors. Form 990, Part VI, Section B, line 12c Shore Country Day School requires directors, officers, and key employees to complete a conflict of interest questionnaire every year. These individuals are also asked to review the Conflict of Interest Policy at the same time. The completed forms are reviewed and any apparent conflicts are probed and resolved. The Board of Directors and staff are also vigilant during the year for any conflicts of interest which may arise in the period between completing the questionnaires. Form 990, Part VI, Section B, line 15 The process and policy for determining compensation for key employees at Shore Country Day School is as follows: The School has established a compensation committee to determine the compensation for key employees. The policy of the committee is to attract and retain key executive talent by providing a competitive total compensation package. In determining competitiveness, Shore Country Day School looks primarily to compensation offered by other local non-profit organizations that are similar in size as well as reviewing statistical data provided by the National Association of Independent Schools. The Compensation Committee of the Board of Directors reports to the Board of Directors the cash and non-cash compensation policies, programs and amounts, as well as major changes in the School's benefit plans, applicable to key executives of Shore Country Day School. "Key executive" is defined as Headmaster, Director of Finance, and other key employees. The Compensation Committee documents the basis for its determination of the reasonable compensation for those key executives under its review and the basis for determining that the compensation of the executive was reasonable in light of market data. The Compensation Committee reports to the Board of Directors on an annual basis. The Board of Directors periodically reviews the membership of the Compensation Committee with a view to making sure that no member is subject to a conflict of interest which would make his or her participation in the review of compensation inappropriate. Form 990, Part VI, Section C, line 19 Shore Country Day School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.