2011-02-07T13:21:03-06:00 2010-06-30 CBIZ Tofias 130 Bellevue Avenue Newport RI 02840 990 2009-07-01 042279977 THE PINGREE SCHOOL INC PING 9784684415 537 HIGHLAND STREET SOUTH HAMILTON MA 019821399 JOHN BURNS 9784684415 2011-02-03 1 JOHN T WILMOT 4013801800 2009 2016-02-24 21:20:13Z JOHN BURNS 537 HIGHLAND STREET SOUTH HAMILTON MA 019821399 15131091 0 X PINGREE.ORG X 1960 MA DEDICATED TO ACADEMIC EXCELLENCE AND DEVELOPMENT OF HIGH PERSONAL STANDARDS, PINGREE BELIEVES THAT A LOVE OF LEARNING FLOURISHES BEST IN A DIVERSE COMMUNITY THAT RESPECTS TRUTH, CURIOSITY, CREATIVITY, HUMOR, AND INDEPENDENT AND IMAGINATIVE THINKING. ABOVE ALL, PINGREE STRIVES TO INSTILL IN ITS STUDENTS INTEGRITY, DECENCY, COMPASSION, SELF-ESTEEM AND COMMITMENT TO ONE ANOTHER AND TO THE WORLD AT LARGE. 24 24 173 50 18557 -27494 1230692 1600409 10910562 11469384 -560123 117513 274948 210758 11856079 13398064 1636450 1759601 0 7036745 7000410 0 912997 4903610 3840838 13576805 12600849 -1720726 797215 28357278 29622561 6423834 6076564 21933444 23545997 DEDICATED TO ACADEMIC EXCELLENCE AND DEVELOPMENT OF HIGH PERSONAL STANDARDS, PINGREE BELIEVES THAT A LOVE OF LEARNING FLOURISHES BEST IN A DIVERSE COMMUNITY THAT RESPECTS TRUTH, CURIOSITY, CREATIVITY, HUMOR, AND INDEPENDENT AND IMAGINATIVE THINKING. ABOVE ALL, PINGREE STRIVES TO INSTILL IN ITS STUDENTS INTEGRITY, DECENCY, COMPASSION, SELF-ESTEEM AND COMMITMENT TO ONE ANOTHER AND TO THE WORLD AT LARGE. 0 0 8046026 1759601 10989162 EDUCATIONAL PROGRAM - TO PROVIDE A HIGH QUALITY, FOUR YEAR, CO-EDUCATIONAL EXPERIENCE FOR DAY STUDENTS IN GRADES 9 THROUGH 12. THERE ARE APPROXIMATELY 335 STUDENTS. 1184731 1067529 AUXILIARY PROGRAMS - DESIGNED TO ATTRACT POTENTIAL STUDENTS AND FAMILIES TO THE SCHOOL. THE SCHOOL RENTS ITS ICE RINK AND RUNS A SUMMER CAMP AND OTHER SPECIALIZED PROGRAMS. 9230757 1 1 0 1 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 1 173 1 1 1 0 0 0 0 0 0 0 0 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOHN BURNS 9784684415 537 HIGHLAND STREET SOUTH HAMILTON MA 019821399 T Neale Attenborough 5.00 X 0 0 0 Kirk C Bishop 5.00 X 0 0 0 Tamie Thompson Burke 5.00 X 0 0 0 Patricia Castraberti 5.00 X 0 0 0 Malcolm Coates 5.00 X 0 0 0 DWIGHT B CORNING 5.00 X 0 0 0 Therese Melden 5.00 X 0 0 0 Theodore E Ober 5.00 X 0 0 0 Mary Puma 5.00 X 0 0 0 NAGA DONTI 5.00 X 0 0 0 William K Ryan 5.00 X 0 0 0 Binkley C Shorts 5.00 X 0 0 0 Joyce W Swagerty 5.00 X 0 0 0 DIANE KANEB 5.00 X 0 0 0 PHU QUOC LE 5.00 X 0 0 0 OLIVER PARKER 5.00 X 0 0 0 MAUREEN FRANCO 5.00 X 0 0 0 WILLIAM L PINGREE 5.00 X 0 0 0 RICHARD D TADLER 5.00 X 0 0 0 WILLIAM J WHELAN JR 5.00 X 0 0 0 JANE BLAKE RILEY 5.00 X X 0 0 0 James D Smeallie 5.00 X X 0 0 0 Keith C Shaughnessy 5.00 X X 0 0 0 PHILIP G LAKE 5.00 X X 0 0 0 TIMOTHY JOHNSON 40.00 X 110362 0 24312 JOHN BURNS 40.00 X 122477 0 34146 KIMBERLY MOORE 40.00 X 135732 0 15983 ANTHONY BLACKMAN 40.00 X 155913 0 65632 524484 0 140073 4 1 1 0 SODEXO INC & AFFILIATES PO BOX 81049 WOBURN MA 01887 FOOD SERVICES 416711 OLSEN LEWIS & DIOLI 17 ELM STREET MANCHESTER MA 01944 ARCHITECTURAL SERVICES 137029 COMPASS FACILITY SERVICES 200 JEFFERSON ROAD STE 202 WILMINGTON MA 01813 CUSTODIAL SERVICES 108528 3 1600409 157932 1600409 Tuition and Fees 900099 10972520 10972520 Summer Program 900099 389764 389764 Auxillary Activities 900099 107100 107100 11469384 188526 188526 464127 393805 70322 70322 12754 57568 1159201 2000 1232214 -73013 2000 -71013 -71013 121157 37009 84148 84148 106539 69999 36540 5803 30737 OTHER REVENUE 900099 19748 16642 3106 19748 13398064 11486026 18557 293072 1759601 1759601 402881 402881 185139 185139 4843401 3752084 585785 505532 312140 237171 45307 29662 883099 672810 144070 66219 373750 264184 70893 38673 17630 17630 22600 22600 514931 420087 94844 26097 25996 101 4369 4369 204404 204404 617267 558523 58744 89476 89476 Instruction 927366 927366 Lunch Program 340020 340020 Printing and Publicatio 131125 44696 86429 Summer Program 100751 100751 Advertising 93181 93181 751621 108684 460925 182012 12600849 9230757 2457095 912997 2013845 3074703 390356 84477 1358473 989799 55357 72739 144395 160544 64901 72435 239192 138973 24270246 8663266 15896390 15606980 6908273 8060106 936512 1020255 349584 341550 28357278 29622561 253943 268563 840410 892509 4900000 4600000 382800 262800 46681 52692 6423834 6076564 X 17646039 19540445 2318201 2028248 1969204 1977304 21933444 23545997 28357278 29622561 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 Part II-B, Line 1i: Explanation of Other Lobbying Activities: THE PINGREE SCHOOL IS A MEMBER OF THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. THIS ORGANIZATION HIRES AN ATTORNEY TO LOBBY ON BEHALF OF ALL OF THE MEMBER SCHOOLS. 2802740 8100 217443 44200 55800 2928283 4598559 18500 -343922 30161 46118 2802740 0.00000 0.66880 0.33120 0 0 403900 403900 19556274 6071118 13485156 1532037 968169 563868 2778035 1623979 1154056 15606980 13398064 12600849 797215 815338 815338 1612553 12888592 815338 44278 463804 1323420 11565172 1832892 1832892 13398064 11276036 44278 463801 508079 10767957 1832892 1832892 12600849 Part V, Line 4: Description of Intended Use of Endowment Funds: TO SUPPORT THE MISSION OF PINGREE SCHOOL OVER THE LONG TERM. Part X: Description of Uncertain Tax Positions Under FIN 48: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ITS FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE PAST 3 YEARS. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES: 393805. INVENTORY COST OF GOODS SOLD: 69999. Part XII, Line 4b - Other Adjustments: FINANCIAL AID: 1759601. SPECIAL EVENTS INDIRECT EXPENSES: 73291. Part XIII, Line 2d - Other Adjustments: RENTAL EXPENSES: 393805. INVENTORY COST OF GOODS SOLD: 69999. ROUNDING: -3. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID: 1759601. SPECIAL EVENTS INDIRECT EXPENSES: 73291. 1 1 1 THE RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL COMMUNICATIONS, SPECIFICALLY, IT WAS ADVERTISED IN THE BOSTON GLOBE NEWSPAPER AS PART OF THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND PUBLIC NOTICE OF NON-DISCRIMINATION. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 AUCTION 121157 121157 37009 121157 121157 37009 37009 84148 1 FINANCIAL AID 85 1759601 FINANCIAL AID Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE PINGREE SCHOOL BELIEVES THAT ACCESS TO AN EXCELLENT EDUCATION SHOULD BE AVAILABLE TO QUALIFIED STUDENTS, REGARDLESS OF THEIR FAMILIES' FINANCIAL MEANS. IN THAT SPIRIT, THE PINGREE SCHOOL OFFERS A NEED BASED FINANCIAL ASSISTANCE PROGRAM. FINANCIAL AID IS BASED ON FINANCIAL NEED ACCORDING TO CRITERIA OF THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID IN PRINCETON, NJ. X X 0 1 X X X 1 0 0 0 0 0 0 0 0 JOHN BURNS 122477 0 0 0 0 0 9798 0 24348 0 156623 0 0 0 KIMBERLY MOORE 135732 0 0 0 0 0 10859 0 5124 0 151715 0 0 0 ANTHONY BLACKMAN 155913 0 0 0 0 0 12473 0 53159 0 221545 0 0 0 Part I, Line 1a THE PINGREE SCHOOL PROVIDES HOUSING FOR A LIMITED NUMBER OF EMPLOYEES. SOME LIVE IN SCHOOL HOUSING AS A CONDITION OF EMPLOYMENT, SUCH AS THE HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE AND OPERATIONS. THE ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT IS $18,000 FOR THE HEAD OF SCHOOL AND $12,000 FOR THE DIRECTOR OF FINANCE AND OPERATIONS. THESE ESTIMATED VALUES ARE BASED ON MARKET RENT IN THE NORTH SHORE AREA OF MASSACHUSETTS, AND HIS POSITION AND JOB DUTIES, INVOLVING BEING ON CAMPUS AND ENTERTAINMENT OBLIGATIONS. Part I, Line 4a ANTHONY BLACKMAN, FORMER INTERIM HEADMASTER, RECEIVED A SEVERANCE PACKAGE FROM THE ORGANIZATION TOTALLING $185,139 FOR THE FISCAL YEAR OF 7/1/09 TO 6/30/10. Supplemental Information Part III PART I, LINE 1B: IT IS THE POLICY OF THE PINGREE SCHOOL TO REIMBURSE ALL EMPLOYEES FOR EXPENSES INCLURRED DURING THE CONDUCT OF SCHOOL BUSINESS. THESE ALSO INCLUDE EXPENSES INCURRED AT THE HEAD OF SCHOOL'S DISCRETION. THESE EXPENSES ARE REVIEWED BY THE BUSINESS OFFICE AND SUBSTANTIATED BEFORE BEING REIMBURSED OR PAID DIRECTLY TO AN APPROVED VENDOR. IN ADDITION, THE PRESIDENT OF THE BOARD OF TRUSTEES WILL REVIEW A SUMMARY OF THESE EXPENSES ON A SEMI ANNUAL BASIS. THE SCHOOL'S PRACTICE WAS FOR THE PRESIDENT OF THE BOARD OF TRUSTEES TO REVIEW DISCRETIONARY EXPENSES APPROVED BY THE HEAD OF SCHOOL. THE SCHOOL DEVELOPED AND ADOPTED A HEAD OF SCHOOL EXPENSE REIMBURSEMENT POLICY SUBSEQUENT TO THE PERIOD REPORTED ON THE FORM 990. EASTERN BANK 043067724 2003-10-16 6000000 CAPITAL IMPROVEMENTS 0 0 6000000 298961 6000000 2004 0 0 1 1 0 0 0 0 0 0 X 1 3500 VALUE AT DONATION X 525 VALUE AT DONATION X 15 394010 FAIR MARKET VALUE X TICKETS TO VARIOUS EVENTS 12 9400 VALUE AT DONATION X MEMORABILIA 2 400 VALUE AT DONATION X VARIOUS CERTIFICATES 16 6655 VALUE AT DONATION X JEWELRY AND ACCESSORIES 4 1223 VALUE AT DONATION X OTHER MISCELLANEOUS ITEMS 7 980 VALUE AT DONATION 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS, RATHER THAN THE NUMBER OF ITEMS/SHARES RECEIVED. Non Reporting of Revenue: Part I, Line 33: OF THE TOTAL CONTRIBUTIONS OF PUBLICLY HELD SECURITIES, $258,761 IS NOT REPORTED IN REVENUES ON THIS FORM 990 BECAUSE IT WAS RECEIVED IN PAYMENT OF A PRIOR YEAR PLEDGE. THE ORGANIZATION OPERATES ON THE ACCRUAL BASIS, THEREFORE THIS AMOUNT WAS INCLUDED IN THE REVENUES ON ITS PRIOR YEAR RETURN. Form 990, Part VI, Section B, line 11 THE AUDIT COMMITTEE REVIEWED THE FORM 990 AND IT WILL BE MADE AVAILABLE FOR REVIEW BY ALL MEMBERS OF THE BOARD PRIOR TO ITS FILING. Form 990, Part VI, Section B, line 12c THE PINGREE SCHOOL PROVIDES AN UPDATED EMPLOYEE HANDBOOK, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY, TO ALL OF ITS EMPLOYEES ANNUALLY. IN THIS MANNER, EMPLOYEES ARE MADE AWARE THAT ANY CONFLICTS SHALL BE IMMEDIATELY REPORTED TO THE HEAD OF SCHOOL. IN ADDITION, THE SCHOOL REQUIRES BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THESE FORMS ARE RETURNED TO THE SCHOOL AND REVIEWED BY THE AUDIT COMMITTEE. Form 990, Part VI, Section B, line 15 COMPENSATION OF KEY EMPLOYEES AND THE HEAD OF SCHOOL ARE DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES, WHICH USES SURVEYS PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. Form 990, Part VI, Section C, line 19 INFORMATION AVAILABLE AT SCHOOL VIA THE OFFICE OF THE DIRECTOR OF FINANCE AND OPERATIONS. FORM 990, PART XI - FINANCIAL STATEMENTS AND REPORTING EXPLANATION FOR LINE 2C THE ORGANIZATION HAS A BOARD-LEVEL AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART VII - COMPENSATION OF DIRECTORS, TRUSTEES, KEY EMPLOYEES DETAIL OF BENEFITS INCLUDED IN COLUMN F BENEFITS PRESENTED MAY INCLUDE PENSION CONTRIBUTION, INSURANCE FOR HEALTH, LIFE AND DENTAL, NONTAXABLE HOUSING AND TUITION REMISSION. FORM 990, PART X, COLUMN B, LINE 1, NONINTEREST BEARING CASH THE INCREASE IN CASH INCLUDED ON THE NONINTEREST BEARING LINE OF THE BALANCE SHEET IS PRIMARILY DUE TO THE SCHOOL'S DESIRE FOR LIQUIDITY TO PREPAY IT'S OUTSTANDING DEBT OBLIGATION (PAID $500,000 PRIOR TO CALENDAR YEAR END) UP TO THE AMOUNT WITHOUT PAYING A PENALTY AND ANTICIPATED PLANNING AND DESIGN EXPENSES FOR THE UPCOMING CAPITAL CAMPAIGN.