2011-05-13T09:32:44-05:00 2010-06-30 Runyon Kersteen Ouellette 20 Long Creek Drive South Portland ME 04106 990 2009-07-01 010223755 BERWICK ACADEMY BERW 2073842164 31 ACADEMY STREET SOUTH BERWICK ME 03908 Seth Hurd 2073842164 2011-05-12 1 Thomas Emery 2077732986 2009 2016-02-24 21:20:13Z Gregory Schneider 31 ACADEMY STREET SOUTH BERWICK ME 03908 14463007 0 X BERWICKACADEMY.ORG X 1791 ME To promote "Virtue and useful knowledge among the rising generations". For over 200 years, the Academy has pursued its mission through a classical education of the whole person. We prepare students to prosper academically in college and to enjoy an enduring commitment to the life of the mind. We teach the creative process of the arts emphasizing performace and exhibition. We promote athletic and physical development within an ethic of sportsmanship. We nurture strength of character, individual responsibility, and a commitment to the common good. Berwick students, teachers, and families comprise a community of learners that instills the ethic of personal excellence. The Academy is one school with three divisions each designed to broaden and deepen the foundations of virtue and knowledge for the continuing development of each student's potential. 22 21 245 200 0 0 6320383 1396653 12961873 12784743 49470 25996 42878 60439 19374604 14267831 1530040 1919300 0 8955647 8713324 0 480838 5023717 4656191 15509404 15288815 3865200 -1020984 43596995 45073799 12123757 12175214 31473238 32898585 To promote "Virtue and useful knowledge among the rising generations". For over 200 years, the Academy has pursued its mission through a classical education of the whole person. We prepare students to prosper academically in college and to enjoy an enduring commitment to the life of the mind. We teach the creative process of the arts emphasizing performace and exhibition. We promote athletic and physical development within an ethic of sportsmanship. We nurture strength of character, individual responsibility, and a commitment to the common good. Berwick students, teachers, and families comprise a community of learners that instills the ethic of personal excellence. The Academy is one school with three divisions each designed to broaden and deepen the foundations of virtue and knowledge for the continuing development of each student's potential. 0 0 11764289 1919300 12820413 Independent coeducational country day school, grades K-12, serving over 585 students from the Seacoast area of southern Maine and New Hampshire. 11764289 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 1 0 0 0 0 1 0 0 0 1 32 0 1 245 1 0 0 0 0 0 0 0 0 0 22 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 ME X X Gregory J Schneider 2073846102 31 ACADEMY STREET South Berwick ME 03908 Mark H Tay 1.00 X X 0 0 0 Matthew R Friel 1.00 X X 0 0 0 Constance A Brock 1.00 X X 0 0 0 Alex Auty 1.00 X 0 0 0 Debra Bauder 1.00 X 0 0 0 Phil Cavanaugh 1.00 X 0 0 0 Nina Binnie 1.00 X 0 0 0 Jameson S French 1.00 X 0 0 0 James Jalbert 1.00 X 0 0 0 Eric S Katz 1.00 X 0 0 0 Caroline C Levine 1.00 X 0 0 0 Holly A Malloy 1.00 X 0 0 0 Peter M Martin 1.00 X 0 0 0 Lucas M Merrow 1.00 X 0 0 0 Susan Noerdlinger 1.00 X 0 0 0 Fred Seigel 1.00 X 0 0 0 Malcolm E Smith III 1.00 X 0 0 0 Margaret Talcott 1.00 X 0 0 0 Karen G Walsh 1.00 X 0 0 0 Jean K Jarvis 1.00 X 0 0 0 Gregory J Schneider 50.00 X X X 188212 0 27967 Ginger Mathews 1.00 X 0 0 0 188212 0 27967 1 0 1 0 Sage Dining Services Inc 222 Bosley Avenue Suite B7 Towson MD 21204 Dining Services 491104 Student Transportation of America 3349 Highway 138 Building B Suite Wall NJ 07719 Student Transportation 431633 Budel Construction Corp 23 Meaderboro Road Rochester NH 03867 Construction - various 144456 3 1396653 28819 1396653 TUITION AND FEES 611600 12163816 12163816 TRANSPORTATION 480000 249945 249945 AUXILIARY INSTRUCTION 611600 241603 241603 AFTERCARE 624410 51401 51401 SUMMER PROGRAMS 611600 40868 40868 37110 37110 12784743 26106 26106 14925 14925 14925 14925 178629 178739 -110 -110 -110 19917 16437 3480 3480 YEARBOOK INCOME 611600 14900 14900 STUDENT ACTIVITIES 611600 11929 11929 SODA/VENDING MACHINES/ 900099 9844 9844 5361 5361 42034 14267831 12820413 0 50765 1919300 1919300 205680 68560 68560 68560 5855304 4770516 904841 179947 389863 310163 62237 17463 1794521 1403944 294436 96141 467956 374638 74774 18544 18600 18600 35967 35967 1080563 962378 118165 20 23282 2497 20785 527975 378753 75339 73883 131924 127023 4901 483791 460260 23531 581611 581611 828853 794599 34254 123189 123189 Department/Athletics 243051 243051 BAD DEBTS/Tuition Adjus 189641 189641 Equipment 179849 179849 MISCELLANEOUS 114827 95688 19139 Transportation/Travel 58842 41404 15198 2240 34226 34226 15288815 11764289 3043688 480838 185754 70700 9507192 21239118 2674739 2685234 367253 464210 37193 39112 164091 264006 30054265 11088105 19186791 18966160 10477201 330939 325885 336010 670896 678310 43596995 45073799 1098070 1494694 10290000 9815000 103980 133048 631707 732472 12123757 12175214 X 17510109 18606158 3458418 3635100 10504711 10657327 31473238 32898585 43596995 45073799 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10452415 763559 215024 11430998 10774080 178806 -500471 0 10452415 0.05630 0.85810 0.08560 0 0 336830 336830 25271021 8176059 17094962 1360933 1178628 182305 3085481 1733418 1352063 18966160 Advance tuition & deposits 732472 732472 14267831 15288815 -1020984 2446333 -2 2446331 1425347 14775334 2446333 16437 2462770 12312564 35967 1919300 1955267 14267831 13349985 16437 16437 13333548 35967 1919300 1955267 15288815 Part V, Line 4: Description of Intended Use of Endowment Funds: The purpose of this fund is to generate income to be used to provide annual scholarships, awards and prizes to students of the Academy as well as to provide support for general operations of the Academy. Part X: Description of Uncertain Tax Positions Under FIN 48: Effective July 1, 2009, the Academy adopted the provisions of Accounting for Uncertainty in Income Taxes as provided for in the Income Taxes topic of the FASB Accounting Standards Codification. This statement clarifies the criteria that an individual tax position must satisfy for some or all of the benefits of that position to be recognized in an entity's financial statements. It also prescribes a recognition threshold of more likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the financial statements. There was no cumulative effect on the Academy's financial statements related to adoption of these provisions, and no interest or penalties related to uncertain tax positions were accrued. The Academy is currently open to audit under the statute of limitations by the Internal Revenue Service and state taxing authorities for the years ended June 30, 2007 through 2010. Part XI, Line 8 - Other Adjustments: Rounding: -2. Part XII, Line 2d - Other Adjustments: Inventory Cost of goods sold: 16437. Part XII, Line 4b - Other Adjustments: SCHOLARSHIPS AND FINANCIAL AID: 1919300. Part XIII, Line 2d - Other Adjustments: INVENTORY COST OF GOODS SOLD: 16437. Part XIII, Line 4b - Other Adjustments: Scholarships and Financial Aid: 1919300. 1 1 1 THE SCHOOL'S RACIAL NONDISCRIMINATION POLICY IS PUBLISHED IN ITS CATALOGS AND BROCHURES. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 Financial Aid 177 1919300 Financial assistance to students in the form of tuition reduction. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Gregory J Schneider 188212 0 0 0 0 0 8800 0 19167 0 216179 0 0 0 Part I, Line 1a Housing is provided to the teaching staff and to the Head of School, on the business premises, for the convenience of the Academy, it is specified in the employment contract and pursuant to employment. X 5 28819 Fair Market Value 0 0 0 Form 990, Part VI, Section B, line 11 The Business Manager prepares raw materials for independent accounting firm following the annual audit fieldwork. After preparation of the 990, the independent accounting firm provides a copy to the Business Manager. Business Manager then provides the Audit Committee with a draft copy of the 990 to review individually prior to vote. Audit Committee votes to approve form 990 as drafted on behalf of the Board of Trustees. The Audit Committee reports to both the Finance Committee and the Board of Trustees. Form 990, Part VI, Section B, line 12c New board members educated by committee on trustee through orientation process. Annually the board member disclosure and policy is reviewed and signed by each member at the first board meeting. Committee on trustees is made aware of any issues. Management monitors any disclosures and keep watch for any conflicts of interest. At this time, no conflict of interests have been self-identified nor identified by the committee on trustees or management. Form 990, Part VI, Section B, line 15a The board of trustees has an ad hoc compensation committee which reviews and researches the Head of School compensation on an ongoing basis. The Head of School, and the Business Manager review and research management compensation. HOS/BM participate in a variety of benchmarking organization and review compensation on an ongoing basis. Form 990, Part VI, Section C, line 18 The Academy's form 990 is available online at Guidestar. Annual disclosures and financial statements are provided annually to the rating dissemination agent. Public inspection copies of the 990, the financial statements, disclosure statements and other governing documents are available in the Business Manager's office 8:00AM to 4:30PM Monday through Friday by appointment. Form 990, Part VI, Section C, line 19 Annual disclosures and financial statements are provided annually to the rating dissemination agent. Public inspection copies of the 990, the financial statements, disclosure statements and other governing documents are available in the Business Manager's office 8:00AM to 4:30PM Monday through Friday by appointment. Form 990, Part XI, Line 2C - Audit Process Oversight: The process has not changed. Berwick Academy Parents Association 31 Academy Street South Berwick ME 03908 010420411 Support the activities of Berwick Academy ME 509(A)(3) 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 Berwick Academy Parents Association C 73075 Berwick Academy Parents Association I Berwick Academy Parents Association M