PIKE SCHOOL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PIKE SCHOOL INC (EIN 04-2104832)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-03
- IRS object ID
- 201103079349301000
- Schema version
- 2010v3.4
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-03T09:31:22-05:00 | 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 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021293742 | 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 | 042104832 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PIKE SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PIKE | NameControl |
| Phone | 9784751197 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 SUNSET ROCK ROAD | AddressLine1 |
| City | ANDOVER | City |
| State | MA | State |
| ZIP Code | 01810 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN WATERS | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 9784751197 | Phone |
| Date Signed | 2011-11-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYNNE JOHNSON | Name |
| Phone | 6179129000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN WATERS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 SUNSET ROCK ROAD | AddressLine1 |
| City | ANDOVER | City |
| State | MA | State |
| ZIP Code | 01810 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11635232 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PIKESCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1926 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE PIKE SCHOOL IS A PK-9 PRIVATE SCHOOL OF APPROXIMATELY 438 STUDENTS. THE PIKE SCHOOL SEEKS TO DEVELOP WITHIN ITS COMMUNITY A LIFE LONG LOVE OF LEARNING, RESPECT FOR OTHERS, JOY OF PHYSICAL ACTIVITY, AND A CREATIVE SPIRIT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 108 | TotalNbrEmployees |
| Total Nbr Volunteers | 5 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1003641 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 822446 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9639400 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10024433 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 109738 | InvestmentIncomePriorYear |
| Investment Income Current Year | 242169 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 64248 | OtherRevenuePriorYear |
| Other Revenue Current Year | 27424 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 10817027 | TotalRevenuePriorYear |
| Total Revenue Current Year | 11116472 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 971090 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1143555 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6160391 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6899730 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 431731 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3887958 | OtherExpensePriorYear |
| Other Expenses Current Year | 3481332 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11019439 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11524617 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -202412 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -408145 | RevenuesLessExpensesCY |
| Total Assets BOY | 25594027 | TotalAssetsBOY |
| Total Assets EOY | 26128966 | TotalAssetsEOY |
| Total Liabilities BOY | 6400147 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6281084 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 19193880 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 19847882 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PIKE SCHOOL SEEKS TO DEVELOP WITHIN ITS COMMUNITY A LIFE-LONG LOVE OF LEARNING, RESPECT FOR OTHERS, THE JOY OF PHYSICAL ACTIVITY AND A CREATIVE SPIRIT. A PIKE EDUCATION IS A JOURNEY THAT PREPARES STUDENTS TO BE INDEPENDENT LEARNERS AND RESPONSIBLE CITIZENS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9264343 | Expense |
| Grants | 1143555 | Grants |
| Revenue | 9837382 | Revenue |
| Description | EDUCATIONAL INSTITUTION WHICH PROVIDES INTELLECTUAL AND PERSONAL GROWTH EMPHASIZING FUNDAMENTAL SKILLS WITHIN A BROAD RANGE OF DISCIPLINES. EACH STUDENT PROGRESSED TO THE NEXT GRADE WITH 72 STUDENTS MOVING UP TO HIGH SCHOOL AND SECONDARY SCHOOLS. 438 STUDENTS ARE ENROLLED IN THE SCHOOL YEAR 2010-2011. SCHOOL YEARS RUNS 170 DAYS.LOWER SCHOOL:VIEWED AS YEARS OF EXPLORATIONS AND BEGINNINGS, THE LOWER SCHOOL IS A STRUCTURED YET RELAXED ENVIRONMENT WHERE CHILDREN ARE AFFORDED THE OPPORTUNITY TO DEVELOP SOCIALLY, EMOTIONALLY, PHYSICALLY, AND INTELLECTUALLY. THROUGH SMALL GROUPS AND INDIVIDUAL ATTENTION, LEARNING IS BOTH INTERACTIVE AND STIMULATING. FOR MUCH OF THE DAY, THE CHILDREN ARE IMMERSED IN THEME BASED LEARNING WHERE TOPICS ARE COVERED ACROSS SUBJECT AREAS. BECAUSE MUCH OF THE CURRICULUM IS INTERDISCIPLINARY, THE CLASSROOM TEACHERS CAREFULLY PLAN THEIR ACTIVITIES WITH THE SPECIALISTS TO ENSURE CONTINUITY. FIELD TRIPS, PERFORMANCES AND WORKSHOPS BY ARTISTS IN RESIDENCE, DANCE AND THEATRE GROUPS AND MUSICIANS ADD FURTHER ENRICHMENT TO THE LOWER SCHOOL PROGRAM.MIDDLE SCHOOL:AT EACH GRADE IN THE MIDDLE SCHOOL, ANCHOR TEACHERS AND SPECIALISTS WORK COLLABORATIVELY TO DESIGN CURRICULUM FOCUSED ON OVERARCHING QUESTIONS THAT TARGET KEY CONCEPTS AND SKILLS. IN ALL GRADES STUDENTS ENGAGE IN LEARNING THAT IS BOTH MEANINGFUL TO THEIR OWN LIVES AND CONNECTED ACROSS SUBJECT AREAS. THROUGH A WIDE RANGE OF TOPICS, STUDENTS BUILD ACADEMIC AND SOCIAL SKILLS THAT REQUIRE CRITICAL THINKING AND COOPERATION.UPPER SCHOOL:THE UPPER SCHOOL OFFERS A RICH AND COMPREHENSIVE PROGRAM THAT PROVIDES STUDENTS WITH THE NECESSARY KNOWLEDGE AND SKILLS TO THRIVE IN LEADING SECONDARY SCHOOLS AND BEYOND. TEACHERS EMPHASIZE CHARACTER GROWTH AND CREATIVITY THROUGH SMALL GROUP ACTIVITIES. THROUGHOUT THE STUDENTS' EXPERIENCE, THEY ARE PROVIDED WITH VALUABLE CHALLENGES IN DECISION MAKING AND COLLABORATION. THE CHIEF ACADEMIC, SOCIAL, AND PERSONAL DEVELOPMENT OF THE STUDENTS IS GUIDED BY A FACULTY ADVISOR WHO WORKS CLOSELY WITH STUDENTS AND THEIR FAMILIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 197325 | Expense |
| Revenue | 218484 | Revenue |
| Description | AUXILIARY ACTIVITIES: AFTER SCHOOL SPORTS PROGRAMS FOR SIXTH GRADE THROUGH NINTH GRADE STUDENTS. AFTER SCHOOL FLEX PROGRAM AND SUMMER PROGRAM FOR CHILDREN IN THE LOCAL COMMUNITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9461668 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 31 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 108 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN WATERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9784751197 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 SUNSET ROCK ROAD | AddressLine1 |
| City | ANDOVER | City |
| State | MA | State |
| ZIP Code | 018104898 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (29 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| LORI KAVANAGH | ||||||||
| BOARD SECRETARY | 2.00 | X | X | 0 | 0 | 0 | ||
| PAUL MILLER | ||||||||
| BOARD TREASURER | 2.00 | X | X | 0 | 0 | 0 | ||
| LUCY ABISALIH | ||||||||
| CHAIR OF BOARD | 2.00 | X | X | 0 | 0 | 0 | ||
| ANDREW CHABAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BOB BOREK | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BOBBIE CRUMP-BURBANK | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| BRUCE LANDAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| FIRDAUS BHATHENA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| IVY NAGAHIRO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| KIM PACKARD | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| KONSE SKRIVANOS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LESLIE ROSAS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| LOUIS IMBRIANO | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MARCY BARKER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MARY MCKERNAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MICHELE KERRY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RENEE KELLAN PAGE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD VEIRA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROB MACINNIS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SCOTT GINSBERG | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SHAMIM DAHOD | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JIM DEMETRI | ||||||||
| VICE BOARD CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| MARK GRAZIANO | ||||||||
| DIRECTOR OF FINANCE AND OPERATIONS | 60.00 | X | 105866 | 0 | 19611 | |||
| JOHN WATERS | ||||||||
| HEAD OF SCHOOL | 60.00 | X | 252830 | 0 | 30732 | |||
| BOYER BAIRD | ||||||||
| HEAD OF MIDDLE SCHOOL | 60.00 | 114408 | 0 | 21842 | X | |||
| TARA MCCABE | ||||||||
| DIRECTOR OF DEVELOPMENT | 60.00 | 118065 | 0 | 8912 | X | |||
| TERRY DASH | ||||||||
| DIRECTOR OF TECHNOLOGY | 60.00 | 98911 | 0 | 11662 | X | |||
| LAURA RUSSELL | ||||||||
| HEAD OF UPPER SCHOOL | 60.00 | 109700 | 0 | 8167 | X | |||
| ELIZABETH WATSON | ||||||||
| DIRECTOR OF ADMISSIONS | 60.00 | 79547 | 0 | 10281 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 700869 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 89264 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PBSC | |||||
| 360 PEARL STREET | MALDEN | MA | 02148 | CLEANING SERVICES | 137764 |
| O'BRIEN & SONS | |||||
| 93 WEST STREET | MEDFIELD | MA | 02052 | PLAYGROUND EQUIPMENT AND CONSTRUCTION | 115378 |
| L&B CONSTRUCTION | |||||
| 171 LONDONDERRY TURNPIKE | HOOKSETT | NH | 03106 | LOCKER ROOM CONSTRUCTION | 108243 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 179806 | FundraisingEvents |
| All Other Contributions | 642640 | AllOtherContributions |
| Noncash Contributions | 46740 | NoncashContributions |
| Total Contributions | 822446 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION | 611710 | 9711658 | 9711658 |
| SUMMER CAMP | 900099 | 218484 | 218484 |
| EXTENDED DAY | 900099 | 94291 | 94291 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10024433 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 245630 | TotalRevenueColumn |
| Exclusion | $245,630 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 49046 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 53055 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -4009 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4009 | TotalRevenueColumn |
| Exclusion | -$4,009 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 370294 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 370294 | Securities |
| Other | 3461 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | -3461 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3461 | TotalRevenueColumn |
| Exclusion | -$3,461 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 91950 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 179806 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 91950 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 31433 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31433 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 31433 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11116472 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10055866 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $238,160 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1143555 | Total |
| Program Services | 1143555 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 970334 | Total |
| Program Services | 316276 | ProgramServices |
| Management And General | 534249 | ManagementAndGeneral |
| Fundraising | 119809 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4651649 | Total |
| Program Services | 4011387 | ProgramServices |
| Management And General | 458653 | ManagementAndGeneral |
| Fundraising | 181609 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 353713 | Total |
| Program Services | 247600 | ProgramServices |
| Management And General | 95502 | ManagementAndGeneral |
| Fundraising | 10611 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 532977 | Total |
| Program Services | 373084 | ProgramServices |
| Management And General | 143904 | ManagementAndGeneral |
| Fundraising | 15989 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 391057 | Total |
| Program Services | 273740 | ProgramServices |
| Management And General | 105585 | ManagementAndGeneral |
| Fundraising | 11732 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45000 | Total |
| Management And General | 45000 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13598 | Total |
| Management And General | 13598 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31717 | Total |
| Management And General | 31717 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12688 | Total |
| Management And General | 12688 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16000 | Total |
| Management And General | 16000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72343 | Total |
| Management And General | 72343 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161816 | Total |
| Program Services | 148871 | ProgramServices |
| Management And General | 12945 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 793353 | Total |
| Program Services | 729885 | ProgramServices |
| Management And General | 63468 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76654 | Total |
| Program Services | 71288 | ProgramServices |
| Management And General | 5366 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INSTRUCTIONAL EXPENDITU | 1277746 | 1277746 | ||
| MAINTENANCE/UTILITIES | 510820 | 490620 | 20200 | |
| SUMMER AND AUX. PROGRAM | 197325 | 197325 | ||
| CAFETERIA EXPENDITURES | 180291 | 180291 | ||
| GOLF TOURNY EXPENDITURE | 91981 | 91981 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11524617 | Total |
| Program Services | 9461668 | ProgramServices |
| Management And General | 1631218 | ManagementAndGeneral |
| Fundraising | 431731 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26787 | BOY |
| EOY | 30041 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1633768 | BOY |
| EOY | 1713724 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1151740 | BOY |
| EOY | 685777 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113137 | BOY |
| EOY | 151575 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138676 | BOY |
| EOY | 83707 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22014713 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6370144 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15830016 | BOY |
| EOY | 15644569 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6628047 | BOY |
| EOY | 7677234 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71856 | BOY |
| EOY | 142339 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25594027 | BOY |
| EOY | 26128966 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1025871 | BOY |
| EOY | 1160011 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 763296 | BOY |
| EOY | 846093 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4239980 | BOY |
| EOY | 3919980 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371000 | BOY |
| EOY | 355000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6400147 | BOY |
| EOY | 6281084 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15181207 | BOY |
| EOY | 16183105 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1033673 | BOY |
| EOY | 685777 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2979000 | BOY |
| EOY | 2979000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19193880 | BOY |
| EOY | 19847882 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25594027 | BOY |
| EOY | 26128966 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -408145 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1062147 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7439378 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1307777 | InvestmentEarningsOrLosses |
| Other Expenditures | 295296 | OtherExpenditures |
| Administrative Expenses | 8300 | AdministrativeExpenses |
| End Of Year Balance | 8443559 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6745044 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1016682 | InvestmentEarningsOrLosses |
| Other Expenditures | 322348 | OtherExpenditures |
| End Of Year Balance | 7439378 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8285926 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -1482922 | InvestmentEarningsOrLosses |
| Other Expenditures | 57960 | OtherExpenditures |
| End Of Year Balance | 6745044 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.64700 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.35300 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 138886 | OtherCostOrOtherBasis |
| Book Value | 138886 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19136727 | OtherCostOrOtherBasis |
| Depreciation | 4690791 | Depreciation |
| Book Value | 14445936 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1608237 | OtherCostOrOtherBasis |
| Depreciation | 925949 | Depreciation |
| Book Value | 682288 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1130863 | OtherCostOrOtherBasis |
| Depreciation | 753404 | Depreciation |
| Book Value | 377459 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15644569 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION DEPOSITS | Description |
| Amount | $355,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 355000 | TotalOfAmounts |
| Total Revenue | 11116472 | TotalRevenue |
| Total Expenses | 11524617 | TotalExpenses |
| Excess Or Deficit For Year | -408145 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1062147 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1062147 | TotalAdjustments |
| Excess Or Deficit Per FS | 654002 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 12323624 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1062147 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1062147 | RevenueNotRptdF990 |
| Revenue Subtotal | 11261477 | RevenueSubtotal |
| Other Revenues Not Included | -145005 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -145005 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 11116472 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11669622 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 145005 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 145005 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11524617 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11524617 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ORGANIZATION USES ENDOWMENT FUNDS FOR TEACHER'S SALARIES, PROFESSIONAL DEVELOPMENT, FINANCIAL AID, TECHNOLOGY, AND DESIGNATED BY THE BOARD ON UNDESIGNATED PORTIONS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL IS A NONPROFIT ORGANIZATION THAT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL FOLLOWS THE FASB INTERPRETATION, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THAT THE SCHOOL HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DIRECT EXPENSES FOR SPECIAL EVENTS REPORTED ON FORM 990, PART VIII, LINE 8B -91,950. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -53,055. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT EXPENSES FOR SPECIAL EVENTS REPORTED ON FORM 990, PART VIII, LINE 8B 91,950. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 53,055. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | ALL PUBLICATIONS REFER TO THE SCHOOL'S NONDISCRIMINATORY POLICY INCLUDING THE VIEWBOOK, THE PARENT'S HANDBOOK AND THE PARENT'S DIRECTORY. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF OUTING | NameOfEvent1 |
| Gross Receipts Event1 | 271756 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 179806 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 91950 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 34059 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 57891 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 271756 | GrossReceiptsTotal |
| Charitable Contributions Total | 179806 | CharitableContributionsTotal |
| Gross Revenue Total Events | 91950 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 34059 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 57891 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 91950 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID | 58 | 808221 |
| TUITION REMISSION | 26 | 335334 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION USES SSS THROUGH NAIS TO HELP DETERMINE THE AWARD ALONG WITH A FAMILIES W-2'S AND 1040'S. A COMMITTEE OF FOUR ADMINISTRATORS REVIEW AND CONFIRM AWARDS. THE AWARD AMOUNT IS MONITORED THROUGH MONTHLY GL RECONCILIATION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN WATERS | NamePerson |
| Base Compensation Filing Org | 252830 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 16711 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 14021 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 283562 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| Date Issued | 2007-05-01 | DateIssued |
| Issue Price | 8000000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION PROJECT | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 4080020 | AmountRetired |
| Total Proceeds | 8000000 | TotalProceeds |
| Working Capital Expenditures | 8000000 | WorkingCapitalExpenditures |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 46740 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE NUMBER OF SECURITIES IS BASED ON THE NUMBER OF GIFTS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PREPARED BY MANAGEMENT AND OUR EXTERNAL AUDITORS AFTER COMPLETION OF THE ANNUAL AUDIT. A DRAFT COPY OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THE TREASURER OF THE BOARD. A SUBSEQUENT DRAFT INCORPORATING THEIR COMMENTS IS PREPARED AND DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING. | |
| AT THE BEGINNING OF EACH YEAR THE BOARD MEMBERS ARE ASKED TO FILL OUT CONFLICT OF INTEREST FORMS STATING THAT THEY UNDERSTAND AND WILL COMPLY TO THE POLICY. WE HAVE SET UP A WHISTLE BLOWER POLICY FOR ANY MEMBER OF THE SCHOOL INCLUDING THE BOARD TO INFORM US IF THERE ARE ANY QUESTIONS OR CONCERNS THAT COME UP. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE HEAD OF SCHOOL'S CONTRACT IS NEGOTIATED USING BENCHMARKING DATA FROM SIMILAR SCHOOLS. THEY BENCHMARK SALARY, BENEFITS AND WORK LOAD. THEY ALSO GET LEGAL ADVICE ON THE WORDING OF THE CONTRACT. THE BOARD VOTES ON THE HEAD OF SCHOOL'S CONTRACT. OTHER SENIOR MANAGEMENT GET AN INCREASE AT THE SAME RATE AS THE FACULTY AND STAFF. THESE INCREASES ARE VOTED ON BY THE BOARD AND AGAIN BASED ON BENCHMARKING DATA. ALL DISCUSSIONS AND VOTES ARE DOCUMENTED IN THE MINUTES TO THE MEETINGS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE TO THE PUBLIC VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,062,147. | FORM 990, PART XI, LINE 5: |
| EXPLANATION FOR VOLUNTEERS: | PARENT GROUP PROVIDES HELP TO THE SCHOOL'S LIBRARY ON A PART-TIME VOLUNTEER BASIS. HELP PRIMARILY CONSISTS OF SHELVING BOOKS FOR THE STAFF. | FORM 990, PART I, LINE 6 |
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