2011-02-03T09:19:08-06:00 2010-06-30 Horton McFarland & Veysey LLC PO Box 543 Ellsworth ME 04605 990 2009-07-01 010247002 George Stevens Academy GEOR 2073745081 23 Union Street Blue Hill ME 046140816 EMIL ANDY JR 2073742808 2011-02-03 1 Annette Gould 2076675529 2011-01-27 2009 2016-02-24 21:20:13Z rob clapp po box 139 blue hill ME 04614 11181295 0 X www.georgestevensacademy.org X 1943 ME GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE. GROUNDED IN ITS TRADITIONS AND COMMITMENT TO THE AREA'S SMALL TOWNS. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY INVESTED IN MEETING THE NEEDS OF EACH STUDENT. THE ACADEMY OFFERS A CHALLENGING COMPREHENSIVE PROGRAM OF STUDIES THAT FOSTERS INTELLECTUAL INQUIRY AND THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES ITS GRADUATES FOR A PURPOSEFUL LIFE IN AN EVER CHANGING WORLD. 17 17 109 50 0 0 435017 6479513 3287401 3763241 -205932 65468 76482 85212 3592968 10393434 98521 108984 0 2617349 2607960 5375 0 177921 1285450 1367777 4006695 4084721 -413727 6308713 9083181 15468045 2546297 2576128 6536884 12891917 GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE. GROUNDED IN ITS TRADITIONS AND COMMITMENT TO THE AREA'S SMALL TOWNS. THE ACADEMY IS A CARING EDUCATIONAL COMMUNITY INVESTED IN MEETING THE NEEDS OF EACH STUDENT. THE ACADEMY OFFERS A CHALLENGING COMPREHENSIVE PROGRAM OF STUDIES THAT FOSTERS INTELLECTUAL INQUIRY AND THE PURSUIT OF KNOWLEDGE, INSPIRES CREATIVITY, DEVELOPS SELF-RELIANCE, AND PREPARES ITS GRADUATES FOR A PURPOSEFUL LIFE IN AN EVER CHANGING WORLD. 0 0 3571982 3848453 Provide secondary education to approximately 295 students 108984 Provide financial assistance to graduating students who are furthering their education. Scholarships granted on the basis of merit and type of continuing education 3680966 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 17 0 109 1 0 0 0 0 0 0 0 0 0 17 17 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 X Fred Heilner 2073745081 23 UNION ST BLUE HILL ME 04614 X Mikey Bannister 2.00 X 0 0 0 EMIL ANDY 2.00 X 0 0 0 Michael Astbury 2.00 X 0 0 0 Deborah Ludlow 2.00 X 0 0 0 jim modisette 2.00 X 0 0 0 Melissa Mattes 2.00 X 0 0 0 frank wanning 2.00 X 0 0 0 Rob Clapp 2.00 X 0 0 0 Sue Loomis 2.00 X 0 0 0 Dan Mcgraw 2.00 X 0 0 0 ECKLEY HERRICK 2.00 X 0 0 0 MARION MORRIS 2.00 X 0 0 0 STEFAN BRANN 2.00 X 0 0 0 JAMES HENRY 2.00 X 0 0 0 MARJORIE OLIVARI 2.00 X 0 0 0 Deborah Brewster 2.00 X 0 0 0 Brian van Emmerick 2.00 X 0 0 0 0 0 0 0 0 0 0 0 6479513 34500 6479513 Tuition 611600 3762064 3762064 Miscellaneous 900099 1177 1177 3763241 33535 33535 41904 41904 777890 787861 -9971 -9971 -9971 School Lunch 611710 85212 85212 85212 10393434 3848453 0 65468 108984 108984 2047439 1800639 125512 121288 498797 438672 30577 29548 61724 54284 3784 3656 10381 10381 9675 9675 3022 3022 17330 11240 1796 4294 200985 200985 2584 1180 1404 113025 113025 29540 29540 International Boarding 576099 576099 educational Programs 192428 192428 Miscellaneous 69355 58214 751 10390 Food Purchases 43536 43536 EQUIPMENT RENTAL & MAIN 31549 31549 68268 47109 12414 8745 4084721 3680966 225834 177921 782 799 217532 780570 7097 16870 9066 10501 14465 21295 7004182 6895561 7004182 1938678 7633828 9083181 15468045 240414 254491 246166 256991 43036 87600 2002696 1957061 13985 19985 2546297 2576128 X 5396938 5583052 273623 782125 866323 6526740 6536884 12891917 9083181 15468045 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1938678 5716864 97893 107976 11631 7633828 2367876 32050 -314333 135058 11857 1938678 0.85490 0 0 476759 476759 4910955 4910955 1097005 1097005 519463 519463 7004182 CASH & CASH EQUIVALENTS 1194698 F US GOVERNMENT OBLIGATIONS 218114 F MARKETABLE EQUITY SECURITIES 6221016 F 7633828 Sabattical Reserve 19985 19985 10393434 4084721 6308713 46322 -2 46320 6355033 10423975 46322 2 46324 10377651 15783 15783 10393434 4068938 0 4068938 15783 15783 4084721 Part X: Description of Uncertain Tax Positions Under FIN 48: George Stevens Academy is a tax-exempt organization under Internal Revenue Code 501(c) (3). The School regularly reviews and evaluates its tax position taken in previously filed information returns and as is reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income and related matters. The School believes that in the event of an examination by taxing authorities, its position would prevail based upon technical merit of such positions. Therefore the School has concluded that no tax benefits or liabilities are required to be recognized. The School tax returns are subject to Federal and State review by taxing authorities for fiscal years ended June 30, 2008, 2009, 2010. Part XI, Line 8 - Other Adjustments: ROUNDING: -2. Part XII, Line 2d - Other Adjustments: ROUNDING: 2. Part XII, Line 4b - Other Adjustments: SUMMER SCHOOL: 15783. Part XIII, Line 4b - Other Adjustments: Summer School: 15783. 1 0 0 THE SCHOOL WILL BE ADDING THE POLICY TO THE WEBSITE 0 1 1 1 NOT CONSIDERED NECESSARY SINCE RACE DOES NOT FACTOR INTO ADMISSION OR EMPLOYMENT 0 0 0 0 0 0 0 0 0 0 1 1 COLLEGE SCHOLARSHIPS AWARDED 53 105575 PRINCIPAL DISCRETIONARY FUND TO HELP STUDENTS AT RISK FOR QUITTING SCHOOL 7 3409 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON CRITERIA SET FORTH BY THE DONOR AND THEN DISPERSED DIRECTLY TO THE COLLEGE ROB CLAPP ROB CLAPP IS A TRUSTEE & PART OWNER IN MERLE B. GRINDLE INSURANCE AGENCY 50155 THE SCHOOL PURCHASES INSURANCE THRU ROB CLAPP 0 MICHAEL ASTBURY MICHAEL ASTBURY IS A TRUSTEE & OWNER OF MIKE ASTBURY & SONS 31140 MIKE ASTBURY PROVIDES SNOWPLOWING AND FIELD CONSTRUCTION SERVICES 0 X 3 34500 FMV PER STOCK EXCHANGE 0 0 0 Form 990, Part VI, Section B, line 11 990 IS PROVDIDED TO THE BOARD OF TRUSTEES AND REVEIWED AT A SUBSEQUENT MEETING Form 990, Part VI, Section B, line 12 ALL TRUSTEES SIGN THE TRUSTEES STATEMENT OF COMMITMENT. WHICH REQUIRES THAT THEY NOT INVOLVE THEMSELVES IN ANY MATTERS THEY HAVE A CONFLICT OF INTEREST ON Form 990, Part VI, Section B, line 15 BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE HEAD OF THE SCHOOL. THE HEAD OF THE SCHOOL APPROVES COMPENSATION FOR ADMNISTRATORS AND THERE IS A COMPENSATION COMMITEE TO OVERSEE ALL EMPLOYEES COMPENSATION. COMPENSATION IS COMPARABLE FOR THE AREA. Form 990, Part VI, Section C, line 18 THEY ARE AVAILABLE UPON REQUEST Form 990, Part VI, Section C, line 19 THEY ARE AVAILABLE UPON REQUEST 990 PART XI LINE 2C THE FINANCE COMMITEE HAS OVERSIGHT OVER THE AUDIT AND SELECTION OF AUDITOR