LEARNING PROJECT INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LEARNING PROJECT INC (EIN 04-2525467)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-15
- IRS object ID
- 201133199349303743
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T10:48:47-06:00 | 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 | STONE & COMPANY LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 57 BEDFORD ST STE 225 | AddressLine1 |
| City | LEXINGTON | City |
| State | MA | State |
| ZIP Code | 024204443 | 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 | 042525467 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LEARNING PROJECT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEAR | NameControl |
| Phone | 6172668427 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 MARLBOROUGH STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL MCCORD | Name |
| Title | HEAD | Title |
| Phone | 6172668427 | Phone |
| Date Signed | 2011-11-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MATTHEW P STONE CPA | Name |
| Phone | 7818636300 | Phone |
| Date Prepared | 2011-11-04 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL MCCORD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 MARLBOROUGH STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2728189 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | LEARNINGPROJECT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | EDUCATIONAL INSTRUCTION GRADES K-6. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 39 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 309852 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 358161 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2141345 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2195100 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 44820 | InvestmentIncomePriorYear |
| Investment Income Current Year | 48425 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 44866 | OtherRevenuePriorYear |
| Other Revenue Current Year | 32720 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2540883 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2634406 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 379885 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 359726 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1718493 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1779325 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 41919 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 352542 | OtherExpensePriorYear |
| Other Expenses Current Year | 390098 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2450920 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2529149 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 89963 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 105257 | RevenuesLessExpensesCY |
| Total Assets BOY | 4066858 | TotalAssetsBOY |
| Total Assets EOY | 4568906 | TotalAssetsEOY |
| Total Liabilities BOY | 876664 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 820401 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3190194 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3748505 | NetAssetsOrFundBalancesEOY |
| Mission Description | EDUCATIONAL INSTRUCTION GRADES K-6 | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1927810 | Expense |
| Grants | 359726 | Grants |
| Revenue | 2195100 | Revenue |
| Description | ELEMENTARY SCHOOL PROGRAMS FOR 118 STUDENTS IN GRADES K-6. THE SCHOOL HAS HIGH ACADEMIC EXPECTATIONS, BROAD DIVERSITY AND A STRONG SENSE OF COMMUNITY. | Description |
| Total Program Service Expense | 1927810 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | 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 | 0 | TaxExemptBonds |
| 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 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 39 | 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | 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 | ELISABETH MCCORD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6172668427 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 MARLBOROUGH STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MICHAEL MCCORD | ||||||
| HEAD | 40.00 | X | X | 145430 | 0 | 21064 |
| CARL PRINDLE | ||||||
| TRUSTEE CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| FRITZ CASSELMAN | ||||||
| TRUSTEE CLERK | 2.00 | X | X | 0 | 0 | 0 |
| CAROLYN DAVIS | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| MICHELLE DAVIS | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| ANJALI SASTRY | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| ROBERT FORTES | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| LINDA BOSSE | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| IRA GOLDKLANG | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| CHANEL ANDERSON | ||||||
| TRUSTEE ALUMNI MEMBER | 2.00 | X | 0 | 0 | 0 | |
| DORCAS GRIGG-SAITO | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| JIM BORDEWICK | ||||||
| TRUSTEE PARENT MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOE FELONEY | ||||||
| TRUSTEE PARENT MEMBER | 2.00 | X | 0 | 0 | 0 | |
| GAIL EAGAN | ||||||
| TRUSTEE PARENT MEMBER | 2.00 | X | 0 | 0 | 0 | |
| WILL CRAWFORD | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| LAURA QUILTY | ||||||
| TRUSTEE ALUMNI MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOHN AQUINO | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| ANDREW CABOT | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| JAMES HACKNEY | ||||||
| TRUSTEE PARENT MEMBER | 2.00 | X | 0 | 0 | 0 | |
| JOHN NELSON | ||||||
| TRUSTEE TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| AMBER FITCH | ||||||
| TRUSTEE FACULTY MEMBER | 40.00 | X | 51944 | 0 | 9007 | |
| SARAH KOHNSTAMM | ||||||
| TRUSTEE FACULTY MEMBER | 40.00 | X | 50847 | 0 | 8068 | |
| JILL HATTON | ||||||
| TRUSTEE MEMBER AT LARGE | 2.00 | X | 0 | 0 | 0 | |
| ELISABETH MCCORD | ||||||
| BUSINESS MANAGER | 40.00 | X | 78667 | 0 | 15467 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 326888 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 53606 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 9675 | FundraisingEvents |
| All Other Contributions | 348486 | AllOtherContributions |
| Noncash Contributions | 74354 | NoncashContributions |
| Total Contributions | 358161 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611710 | 2173489 | 2173489 |
| MISCELLANEOUS | 900099 | 18841 | 18841 |
| APPLICATION FEES | 611710 | 2770 | 2770 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2195100 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 45265 | TotalRevenueColumn |
| Exclusion | $45,265 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 77515 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 74355 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3160 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3160 | TotalRevenueColumn |
| Exclusion | $3,160 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 52148 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9675 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 19428 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 32720 | TotalRevenueColumn |
| Exclusion | $32,720 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2634406 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2195100 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $81,145 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359726 | Total |
| Program Services | 359726 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 391571 | Total |
| Program Services | 208735 | ProgramServices |
| Management And General | 182836 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1108282 | Total |
| Program Services | 897035 | ProgramServices |
| Management And General | 180347 | ManagementAndGeneral |
| Fundraising | 30900 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76293 | Total |
| Program Services | 60469 | ProgramServices |
| Management And General | 13661 | ManagementAndGeneral |
| Fundraising | 2163 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98755 | Total |
| Program Services | 80142 | ProgramServices |
| Management And General | 15537 | ManagementAndGeneral |
| Fundraising | 3076 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104424 | Total |
| Program Services | 77885 | ProgramServices |
| Management And General | 24308 | ManagementAndGeneral |
| Fundraising | 2231 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14500 | Total |
| Management And General | 14500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15102 | Total |
| Management And General | 15102 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15637 | Total |
| Management And General | 12215 | ManagementAndGeneral |
| Fundraising | 3422 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52942 | Total |
| Program Services | 3123 | ProgramServices |
| Management And General | 49819 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5179 | Total |
| Program Services | 1324 | ProgramServices |
| Management And General | 3855 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24000 | Total |
| Program Services | 24000 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80037 | Total |
| Program Services | 70473 | ProgramServices |
| Management And General | 9564 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19307 | Total |
| Program Services | 4428 | ProgramServices |
| Management And General | 14752 | ManagementAndGeneral |
| Fundraising | 127 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| EQUIPMENT, SUPPLIES AND | 65764 | 59610 | 6154 |
| REPAIRS & MAINTENANCE | 63169 | 50550 | 12619 |
| UTILITIES | 16659 | 13327 | 3332 |
| SCHOOL FUNCTIONS AND OU | 15606 | 15606 | |
| CONTINUING EDUCATION | 1377 | 1377 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 819 | Total |
| Management And General | 819 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2529149 | Total |
| Program Services | 1927810 | ProgramServices |
| Management And General | 559420 | ManagementAndGeneral |
| Fundraising | 41919 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 872673 | BOY |
| EOY | 921774 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10745 | BOY |
| EOY | 7269 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3710 | BOY |
| EOY | 4248 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18655 | BOY |
| EOY | 14944 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1657888 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1052420 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 645239 | BOY |
| EOY | 605468 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2515836 | BOY |
| EOY | 3015203 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4066858 | BOY |
| EOY | 4568906 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194840 | BOY |
| EOY | 179256 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 681824 | BOY |
| EOY | 641145 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 876664 | BOY |
| EOY | 820401 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2637612 | BOY |
| EOY | 3073459 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 201986 | BOY |
| EOY | 322350 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350596 | BOY |
| EOY | 352696 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3190194 | BOY |
| EOY | 3748505 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4066858 | BOY |
| EOY | 4568906 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 105257 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 453054 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Total Lobbying Expenditures IIB | 0 | TotalLobbyingExpendituresIIB |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE SCHOOL BELONGS TO MEMBER ORGANIZATIONS, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. SOME PORTION OF MEMBERSHIP DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1902898 | BeginningOfYearBalance |
| Contributions | 22100 | Contributions |
| Investment Earnings Or Losses | 408138 | InvestmentEarningsOrLosses |
| Other Expenditures | 13663 | OtherExpenditures |
| End Of Year Balance | 2319473 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1657909 | BeginningOfYearBalance |
| Contributions | 24600 | Contributions |
| Investment Earnings Or Losses | 233815 | InvestmentEarningsOrLosses |
| Other Expenditures | 13426 | OtherExpenditures |
| End Of Year Balance | 1902898 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2051424 | BeginningOfYearBalance |
| Contributions | 39850 | Contributions |
| Investment Earnings Or Losses | -402346 | InvestmentEarningsOrLosses |
| Other Expenditures | 31019 | OtherExpenditures |
| End Of Year Balance | 1657909 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.75900 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.15210 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08890 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 957678 | InvestmentCostOrOtherBasis |
| Depreciation | 570378 | Depreciation |
| Book Value | 387300 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 310132 | InvestmentCostOrOtherBasis |
| Depreciation | 135960 | Depreciation |
| Book Value | 174172 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 309766 | InvestmentCostOrOtherBasis |
| Depreciation | 265770 | Depreciation |
| Book Value | 43996 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 80312 | InvestmentCostOrOtherBasis |
| Depreciation | 80312 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 605468 | TotalOfBookValueLandBuildings |
| Total Revenue | 2634406 | TotalRevenue |
| Total Expenses | 2529149 | TotalExpenses |
| Excess Or Deficit For Year | 105257 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 455054 | NetUnrealizedGLOnInvestments |
| Other | -$2,000 | OtherAmount |
| Total Adjustments | 453054 | TotalAdjustments |
| Excess Or Deficit Per FS | 558311 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2747162 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 455054 | NetUnrealizedGainsInvestments |
| Other Revenues | 17428 | OtherRevenues |
| Revenue Not Rptd F990 | 472482 | RevenueNotRptdF990 |
| Revenue Subtotal | 2274680 | RevenueSubtotal |
| Other Revenues Not Included | 359726 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 359726 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2634406 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2188851 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 19428 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 19428 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2169423 | ExpensesSubtotal |
| Other Expenses Not Included | 359726 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 359726 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2529149 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | LOSS ON PROMISE TO GIVE -2,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS AND ACTIVITIES DIRECT EXPENSES 19,428. LOSS ON PROMISE TO GIVE -2,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION ASSISTANCE 359,726. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS AND ACTIVITIES DIRECT EXPENSES 19,428. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | TUITION ASSISTANCE 359,726. |
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 | THE SCHOOL ANNUALLY PUBLISHES A NOTICE OF ITS NON-DISCRIMINATION POLICY IN THE BOSTON GLOBE, A NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 53241 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9675 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 43566 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 3010 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 11805 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 3722 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BOOK FAIR | NameOfEvent2 |
| Gross Receipts Event2 | 7691 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 7691 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 881 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 891 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 891 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 10 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 61823 | GrossReceiptsTotal |
| Charitable Contributions Total | 9675 | CharitableContributionsTotal |
| Gross Revenue Total Events | 52148 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 3010 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 11805 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 4613 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 19428 | DirectExpenseSummaryEvents |
| Net Income Summary | 32720 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION ASSISTANCE OR SCHOLARSHIP AWARDS. | TypeOfGrant |
| Number Of Recipients | 31 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 359726 | AmountOfNonCashAssistance |
| Method Of Valuation | FAIR MARKET VALUE OF PUBLISHED TUITION RATES | MethodOfValuation |
| Description Of Non Cash Assistance | TUITION ASSISTANCE AND SCOLARSHIP AWARDS | DescriptionOfNonCashAssistance |
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 LEARNING PROJECT USES THE SCHOOL SCHOLARSHIP SERVICE IN PRINCETON, NEW JERSEY, WHICH PROCESSES ALL TUITION ASSISTANCE APPLICATIONS. THE SCHOOL SCHOLARSHIP SERVICE THEN SENDS THEIR EVALUATION AND A TUITION ASSISTANCE COMMITTEE OF THE LEARNING PROJECT BOARD OF TRUSTEES MAKES THE FINAL RECOMMENDATION. TUITION ASSISTANCE GRANTS ARE BASED ON THE ASSESSMENT OF NEED AND ON FUNDS AVAILABLE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 | MICHAEL MCCORD | NamePerson |
| Base Compensation Filing Org | 145430 | 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 | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 21064 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 166494 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 74354 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE OF SECURITY | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE HEAD OF THE SCHOOL MICHAEL MCCORD AND THE BUSINESS MANAGER OF THE SCHOOL ELISABETH MCCORD ARE HUSBAND AND WIFE. MR. MCCORD ALSO SERVES ON THE BOARD OF TRUSTEES OF THE SCHOOL. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE LEARNING PROJECT IS A MEMBERSHIP ORGANIZATION. CURRENTLY MEMBERS ARE ELECTED ANNUALLY BY THE BOARD. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE LEARNING PROJECT ELECT THE BOARD OF TRUSTEES OF THE SCHOOL. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 WAS PRESENTED TO THE GOVERNING BODY FOR COMMENTS AND QUESTIONS BEFORE THE RETURN WAS FILED. | |
| UPON ELECTION TO THE BOARD, AND ANNUALLY THEREAFTER DURING HIS OR HER TERM, EACH TRUSTEE COMPLETES A CONFLICT OF INTEREST POLICY STATEMENT. EACH COMPLETED STATEMENT IS REVIEWED AND RETAINED BY THE BOARD TO ENSURE COMPLIANCE WITH THIS POLICY'S RESTRAINTS ON PARTICIPATION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE HEAD'S REVIEW AND COMPENSATION COMMITTEE CONDUCTS A PERFORMANCE REVIEW WITH THE HEAD OF SHCOOL, REVIEWS DATA ON THE COMPENSATION OF HEADS OF COMPARABLE INDEPENDENT SCHOOLS IN MASSACHUSETTS, AND REPORTS ITS FINDINGS TO THE FULL BOARD WITH A RECOMMENDED COMPENSATION FOR THE HEAD. MINUTES OF THE MEETINGS ARE RETAINED. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE. | FORM 990, PART VI, SECTION C, LINE 18 | |
| THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARITIES WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 455,054. LOSS ON PROMISE TO GIVE -2,000. TOTAL TO FORM 990, PART XI, LINE 5: 453,054. | FORM 990, PART XI, LINE 5: |
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