2011-12-22T10:29:16-06:00 2011-06-30 KAHN LITWIN RENZA & CO LTD 800 SOUTH STREET SUITE 300 WALTHAM MA 02453 990 2010-07-01 010672424 NASHOBA LEARNING GROUP INC NASH 7812752500 10 OAK PARK DRIVE BEDFORD MA 01730 MAUREEN VIBERT 7812752500 2011-12-19 1 DEBORAH A HOPKINS 7815478800 2010 2016-02-24 21:20:13Z MAUREEN VIBERT 10 OAK PARK DRIVE BEDFORD MA 01730 8358403 0 X NASHOBALEARNINGGROUP.ORG X 2002 MA A FULL YEAR PRIVATE DAY SCHOOL FOR INDIVIDUALS WITH AUTISM. 8 6 157 0 0 0 344082 356862 6855965 7898188 1376 929 28981 63303 7230404 8319282 0 0 0 0 5238729 6056012 0 0 30258 1355017 1688055 6593746 7744067 636658 575215 8674592 8759977 5971992 5435409 2702600 3324568 TO PROVIDE OUTSTANDING INDIVIDUALIZED EDUCATION, TRAINING AND INTERVENTION SERVICES TO PEOPLE WITH AUTISM SPECTRUM DISORDER. NLG IS A FULL YEAR PRIVATE DAY SCHOOL FOR INDIVIDUALS WITH AUTISM. 0 0 7097114 7898188 NASHOBA LEARNING GROUP INC'S PRIMARY ACTIVITY IS TO OPERATE A SCHOOL FOR CHILDREN WITH AUTISM. 7097114 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 16 0 157 1 0 0 0 0 0 1 1 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 7812752500 10 OAK PARK DRIVE BEDFORD MA 01730 ELIZABETH MARTINEAU 50.00 X X 99615 0 651 JOHN MCCLELLAN 1.00 X X 0 0 0 MAUREEN VIBERT 50.00 X X 92014 0 651 LYNN BRENNAN 1.00 X 0 0 0 ROBERT FORLENZA 1.00 X 0 0 0 CARMEL LEONARD 1.00 X 0 0 0 TOM MOLONEY 1.00 X 0 0 0 AMIT BASAK 1.00 X 0 0 0 191629 0 1302 0 0 0 0 0 204421 152441 356862 PROGRAM FEES 611710 7898188 7898188 7898188 929 929 102210 204421 39121 63089 63089 CHANGE IN DISCOUNT ON 611710 214 214 214 8319282 7898188 0 64232 249522 237109 12413 4794500 4549244 245256 554674 554674 457316 405764 51552 7247 7247 26500 26500 280011 272506 7505 231010 48624 182386 100737 100737 24624 24624 263754 263754 313516 301759 11757 135197 68998 66199 REPAIRS AND MAINTENANCE 137660 131780 5880 OTHER PROGRAM EXPENSES 82902 82902 TRAINING 54639 54639 EVENT COSTS 30258 30258 7744067 7097114 616695 30258 604023 1056224 10000 10000 320666 228858 90118 71348 8269660 979157 7532271 7290503 117514 103044 8674592 8759977 205494 107181 22921 25547 4917759 4451427 825818 851254 5971992 5435409 X 2702600 3324568 2702600 3324568 8674592 8759977 X 575215 46753 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7783188 7783188 539159 134790 0 0 479687 539159 1018846 1528269 119922 134790 254712 382068 1474375 1474375 6351239 738537 5612702 106836 82033 24803 337210 158587 178623 7290503 ACCRUED PAYROLL AND RELATED TAXES 312614 FAIR VALUE OF INTEREST RATE SWAP 538640 851254 8319282 7744067 575215 46753 46753 621968 8358403 39121 39121 8319282 0 8319282 7783188 39121 39121 7744067 0 7744067 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE SCHOOL OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE SCHOOL ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES AND THE FEDERAL INCOME TAX RETURNS FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE SCHOOL CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE 39,121. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN REVENUE 39,121. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 POLICY IS PUBLISHED ON THE SCHOOL WEBSITE AND THE ORGANIZATION TAKES PART IN AN ANNUAL ADVERTISEMENT THAT IS PUT IN THE BOSTON GLOBE BY THE MAAPS ORGANIZATION. THE ADVERTISEMENT IS A NON-DISCRIMINATION STATEMENT ON BEHALF OF A NUMBER OF PRIVATE SCHOOLS. THE PRIVATE SCHOOLS, INCLUDING NASHOBA, ARE LISTED IN THE ADVERTISEMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES ITS TUITION FROM SCHOOL DISTRICTS FUNDED BY THE COMMONWEALTH OF MASSACHUSETTS AND ITS AGENCIES. AUCTION 117050 78033 39017 14413 11647 FULL COURT CHARITY CHALLENGE 92614 61743 30871 6000 5815 2 96967 64645 32322 1246 306631 204421 102210 20413 18708 39121 63089 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 2008-04-04 4560000 PURCHASE AND RENOVATION OF BUILDING 0 0 0 4560000 121780 4438220 2008 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 1 T D BANK 10.000000000000 0 0 0 0 0 RYAN VIBERT SON OF EXECUTIVE DIRECTOR 1850 CLASSROOM ASSISTANT 0 KEVIN VIBERT SON OF EXECUTIVE DIRECTOR 2185 SUMMER INTERN 0 JANE MCCLELLAN DAUGHTER OF CLINICAL DIRECTOR 1562 SUMMER INTERN 0 LAURA BRENNAN NIECE OF BOARD MEMBER 2905 THERAPIST 0 MARYKATE SHORTELL NIECE OF EXECUTIVE DIRECTOR 46615 THERAPIST 0 CASEY MCCLELLAN DAUGHTER OF CLINICAL DIRECTOR 1875 CLASSROOM ASSISTANT 0 STEVE VIBERT SPOUSE OF EXECUTIVE DIRECTOR 103000 IT DIRECTOR 0 FORM 990, PART VI, SECTION A, LINE 2 STEVEN VIBERT, THE SPOUSE OF THE EXECUTIVE DIRECTOR,IS EMPLOYED BY THE SCHOOL AS THE IT DIRECTOR. TOTAL SALARY PAID TO STEVEN WAS $103,000. $56,992 OF DIRECT CARE SALARIES WAS PAID TO RELATIVES OF THE BOARD OF DIRECTORS AS FOLLOWS: JANE MCCLELLAN, DAUGHTER OF ELIZABETH MARTINEAU, WAS EMPLOYED AS A SUMMER INTERN. TOTAL SALARY PAID TO JANE WAS $1,562. CASEY MCCLELLAN, DAUGHTER OF ELIZABETH MARTINEAU, WAS EMPLOYED AS A CLASSROOM ASSISTANT. TOTAL SALARY PAID TO CASEY WAS $1,875. LAURA BRENNAN, NIECE OF BOARD MEMBER LYNN BRENNAN, WAS EMPLOYED AS A FULL TIME THERAPIST. TOTAL SALARY PAID TO LAURA WAS $2,905. KEVIN VIBERT, SON OF THE EXECUTIVE DIRECTOR, WAS EMPLOYED AS A SUMMER INTERN. TOTAL SALARY PAID TO KEVIN WAS $2,185. MARYKATE SHORTELL, NIECE OF THE EXECUTIVE DIRECTOR, IS EMPLOYED AS A THERAPIST. TOTAL SALARY PAID TO MARYKATE WAS $46,615. RYAN VIBERT, SON OF THE EXECUTIVE DIRECTOR, IS EMPLOYED AS A CLASSROOM ASSISTANT. TOTAL SALARY PAID TO RYAN WAS $1,850. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED. NO REVIEW WAS OR WILL BE CONDUCTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE SENIOR MANAGEMENT TEAM WHICH INCLUDES THE EXECUTIVE DIRECTOR, PRESIDENT, AND INFORMATION TECHNOLOGY DIRECTOR. THE REVIEW ALSO ESTABLISHES EACH INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF EACH INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM THE FORM 990 OF SIMILAR ORGANIZATIONS AND OTHER MARKET DATA OBTAINED. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES AND PROCEDURES ARE SUBMITTED TO THE MASSACHUSETTS DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION AND ARE AVAILABLE TO VIEW THERE. ALL FINANCIAL INFORMATION IS SUBMITTED ANNUALLY THROUGH THE UNIFORM FINANCIAL REPORTING SYSTEM ON THE MASSACHUSETTS OPERATIONAL SERVICES DIVISION WEBSITE AND ARE ABLE TO BE ACCESSED PUBLICLY ONLINE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 46,753. TOTAL TO FORM 990, PART XI, LINE 5: 46,753.