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BRIMMER & MAY SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BRIMMER & MAY SCHOOL (EIN 04-2103935)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202641349349303564
Schema version
2024v5.5
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T09:25:32-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331498605PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 EDGEWATER PLACE SUITE 300AddressLine1Txt
CityWAKEFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01880ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103935EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIMMER AND MAY SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRIMBusinessNameControlTxt
Phone6175667462PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line169 MIDDLESEX ROADAddressLine1Txt
CityCHESTNUT HILLCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02467ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRIS CHOUPersonNm
Person TitleCHAIRPersonTitleTxt
Phone6175667462PhoneNum
Signature2026-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJODY BOOTHPreparerPersonNm
PTINP00963825PTIN
Phone7812459999PhoneNum
Preparation2026-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHRIS CHOUPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line169 MIDDLESEX ROADAddressLine1Txt
CityCHESTNUT HILLCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02467ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$29,057,249GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BRIMMER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1939FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionBRIMMER AND MAY IS A PK - GRADE 12 ALL GENDER DAY SCHOOL THAT UPHOLDS HIGH ACADEMIC STANDARDS WHILE IMPLEMENTING INNOVATIVE IDEAS IN A SUPPORTIVE AND STUDENT-CENTERED COMMUNITY. WE DEVELOP LIFELONG LEARNERS WHO ARE INFORMED, ENGAGED, AND ETHICAL CITIZENS AND LEADERS.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee227TotalEmployeeCnt
Total Volunteers86TotalVolunteersCnt
Total Gross UBI$66,635TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,915,300PYContributionsGrantsAmt
CY Contributions Grants$2,196,787CYContributionsGrantsAmt
PY Program Service Revenue$24,181,153PYProgramServiceRevenueAmt
CY Program Service Revenue$25,103,321CYProgramServiceRevenueAmt
PY Investment Income$1,461,996PYInvestmentIncomeAmt
CY Investment Income$1,638,354CYInvestmentIncomeAmt
PY Other Revenue$89,317PYOtherRevenueAmt
CY Other Revenue$66,635CYOtherRevenueAmt
PY Total Revenue$33,647,766PYTotalRevenueAmt
CY Total Revenue$29,005,097CYTotalRevenueAmt
PY Grants And Similar Paid$5,067,024PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,251,021CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$14,845,152PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$15,247,930CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$58,885PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$42,226CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$675,626CYTotalFundraisingExpenseAmt
PY Other Expenses$6,781,141PYOtherExpensesAmt
CY Other Expenses$6,889,935CYOtherExpensesAmt
PY Total Expenses$26,752,202PYTotalExpensesAmt
CY Total Expenses$27,431,112CYTotalExpensesAmt
PY Revenues Less Expenses$6,895,564PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,573,985CYRevenuesLessExpensesAmt
Total Assets BOY$85,538,856TotalAssetsBOYAmt
Total Assets EOY$90,286,123TotalAssetsEOYAmt
Total Liabilities BOY$19,843,003TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,478,109TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$65,695,853NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$71,808,014NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OBRIMMER AND MAY IS A PK - GRADE 12 ALL GENDER DAY SCHOOL THAT UPHOLDS HIGH ACADEMIC STANDARDS WHILE IMPLEMENTING INNOVATIVE IDEAS IN A SUPPORTIVE AND STUDENT-CENTERED COMMUNITY. WE DEVELOP LIFELONG LEARNERS WHO ARE INFORMED, ENGAGED, AND ETHICAL CITIZENS AND LEADERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$21,106,077ExpenseAmt
Grant$5,251,021GrantAmt
Revenue$25,103,321RevenueAmt
DescTHE SCHOOL PROVIDES A QUALITY EDUCATIONAL EXPERIENCE FOR STUDENTS TO PREPARE THEM FOR ADVANCED DEGREES AND GAINFUL VOCATIONS.Desc
Total Program Service Expenses$21,106,077TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee227EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JULIAN HICKMAN CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175667462PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line169 MIDDLESEX ROADAddressLine1Txt
CityCHESTNUT HILLCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02467ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JUDITH GUILD
HEAD OF SCHOOL50.00Yes (X)Yes (X)$484,696$0$53,855
CHRIS CHOU
CHAIR10.00Yes (X)Yes (X)$0$0$0
SUZZARA DUROCHER
CO-VICE CHAIR10.00Yes (X)Yes (X)$0$0$0
JOHN FITZGERALD
CO-VICE CHAIR10.00Yes (X)Yes (X)$0$0$0
JON GRENZKE
TREASURER2.00Yes (X)Yes (X)$0$0$0
JOHN ALLEN III
CLERK2.00Yes (X)Yes (X)$0$0$0
JOHANNA BLACK
TRUSTEE2.00Yes (X)$0$0$0
DAVID KREISLER
TRUSTEE2.00Yes (X)$0$0$0
CAROL CROFFY
TRUSTEE2.00Yes (X)$0$0$0
KARINE ERNEST
TRUSTEE2.00Yes (X)$0$0$0
GAIL GABRIEL ESQ
TRUSTEE2.00Yes (X)$0$0$0
LISA REMEY HASTINGS
TRUSTEE2.00Yes (X)$0$0$0
LESLIE STIMMEL GUGGIARI
TRUSTEE2.00Yes (X)$0$0$0
KENYON BISSELL GROGAN
TRUSTEE2.00Yes (X)$0$0$0
BERNARD KAPLAN
TRUSTEE2.00Yes (X)$0$0$0
THOMAS KNOX
TRUSTEE2.00Yes (X)$0$0$0
HOWARD LEEDER
TRUSTEE2.00Yes (X)$0$0$0
RICHARD MYNAHAN
TRUSTEE2.00Yes (X)$0$0$0
MARSHA MACLEAN
TRUSTEE2.00Yes (X)$0$0$0
DAVID SOUZA
TRUSTEE2.00Yes (X)$0$0$0
LINDA SHAPIRO WAINTRUP
TRUSTEE2.00Yes (X)$0$0$0
CATALINA GUILLERMETY
TRUSTEE2.00Yes (X)$0$0$0
DAVID MAEL
TRUSTEE2.00Yes (X)$0$0$0
SARAH WALTERS
TRUSTEE2.00Yes (X)$0$0$0
KATHERINE TAYLOR
TRUSTEE2.00Yes (X)$0$0$0
JULIAN HICKMAN
CFO40.00$206,614$0$506Yes (X)
JOSEPH IULIANO
ASSISTANT HEAD OF ACADEMIC40.00$143,545$0$13,860Yes (X)
BRIAN BEALE
DIRECTOR OF ENROLLMENT40.00$167,775$0$15,335Yes (X)
CARL RASPISATDA-VALLELY
HEAD OF MIDDLE SCHOOL40.00$163,428$0$2,709Yes (X)
KIMBERLY FORMISANO
HEAD OF LOWER SCHOOL40.00$149,277$0$578Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,315,335TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$86,843TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SHAWMUT DESIGN AND CONSTRUCTION
560 HARRISON AVEBOSTONMA02118CONSTRUCTION SERVICES$4,558,508
SASAKI ASSOCIATES INC
110 CHAUNCY STREET SUITE 200BOSTONMA02111ARCHITECT$446,893
SKANSKA USA BUILDING INC
101 SEAPORT BLVDBOSTONMA02210OWNERS PROJECT MANAGER$180,350
ENROLL MEDIA GROUP LLC
100 GROVE STREETWORCESTERMA01605ADVERTISING$126,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,196,787AllOtherContributionsAmt
Noncash Contributions$276,915NoncashContributionsAmt
Total Contributions$2,196,787TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$24,092,995$24,092,995
AUXILIARY REVENUE611600$1,010,326$1,010,326
FieldValueIRS element (for citing)
Total Program Service Revenue$25,103,321TotalProgramServiceRevenueAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,638,354TotalRevenueColumnAmt
Exclusion$1,638,354ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$118,787FundraisingGrossIncomeAmt
Fundraising Direct Expenses$52,152FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$66,635TotalRevenueColumnAmt
Unrelated Business Revenue$66,635UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,005,097TotalRevenueColumnAmt
Related Or Exempt Func Income$25,103,321RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$66,635UnrelatedBusinessRevenueAmt
Exclusion$1,638,354ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$5,251,021TotalAmt
Program Services$5,251,021ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$528,402TotalAmt
Management And General$528,402ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,864,957TotalAmt
Program Services$8,891,991ProgramServicesAmt
Management And General$2,566,588ManagementAndGeneralAmt
Fundraising$406,378FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$477,398TotalAmt
Program Services$360,478ProgramServicesAmt
Management And General$92,256ManagementAndGeneralAmt
Fundraising$24,664FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,496,540TotalAmt
Program Services$1,134,040ProgramServicesAmt
Management And General$308,119ManagementAndGeneralAmt
Fundraising$54,381FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$880,633TotalAmt
Program Services$647,983ProgramServicesAmt
Management And General$202,672ManagementAndGeneralAmt
Fundraising$29,978FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$87,423TotalAmt
Management And General$87,423ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$42,226TotalAmt
Fundraising$42,226FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$129,318TotalAmt
Management And General$129,318ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$61,887TotalAmt
Management And General$61,887ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$327,762TotalAmt
Program Services$294,986ProgramServicesAmt
Management And General$32,776ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,366,110TotalAmt
Program Services$1,229,499ProgramServicesAmt
Management And General$136,611ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$220,969TotalAmt
Program Services$156,023ProgramServicesAmt
Management And General$64,946ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES AND OTHER EXPE$1,385,213$985,875$399,338
REPAIRS AND MAINTENANCE$494,309$444,877$49,432
PUBLIC RELATIONS$384,275$384,275
ATHLETIC SUPPLIES AND E$345,022$345,022

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,087,647TotalAmt
Program Services$1,364,282ProgramServicesAmt
Management And General$605,366ManagementAndGeneralAmt
Fundraising$117,999FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$27,431,112TotalAmt
Program Services$21,106,077ProgramServicesAmt
Management And General$5,649,409ManagementAndGeneralAmt
Fundraising$675,626FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,693,566BOYAmt
EOY$7,099,161EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$995BOYAmt
EOY$343EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,079,038BOYAmt
EOY$4,853,618EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$852EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$153,073BOYAmt
EOY$137,156EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$49,174,715LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,104,038LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,561,745BOYAmt
EOY$25,070,677EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$46,939,920BOYAmt
EOY$52,855,012EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$110,519BOYAmt
EOY$269,304EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$85,538,856BOYAmt
EOY$90,286,123EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,022,529BOYAmt
EOY$1,902,419EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,515,910BOYAmt
EOY$1,656,948EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$15,304,564BOYAmt
EOY$14,918,742EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,843,003BOYAmt
EOY$18,478,109EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,696,516BOYAmt
EOY$35,560,234EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$37,999,337BOYAmt
EOY$36,247,780EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$65,695,853BOYAmt
EOY$71,808,014EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$85,538,856BOYAmt
EOY$90,286,123EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,573,985ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,538,176NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,819,946BeginningYearBalanceAmt
Contributions$323,016ContributionsAmt
Investment Earnings Or Losses$2,499,115InvestmentEarningsOrLossesAmt
Other Expenditures$583,366OtherExpendituresAmt
End Year Balance$23,058,711EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,297,741BeginningYearBalanceAmt
Contributions$73,100ContributionsAmt
Investment Earnings Or Losses$2,963,873InvestmentEarningsOrLossesAmt
Other Expenditures$514,767OtherExpendituresAmt
End Year Balance$20,819,946EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,390,252BeginningYearBalanceAmt
Contributions$322,146ContributionsAmt
Investment Earnings Or Losses$2,065,281InvestmentEarningsOrLossesAmt
Other Expenditures$479,938OtherExpendituresAmt
End Year Balance$18,297,741EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,645,007BeginningYearBalanceAmt
Contributions$2,070,996ContributionsAmt
Investment Earnings Or Losses-$1,983,267InvestmentEarningsOrLossesAmt
Other Expenditures$342,484OtherExpendituresAmt
End Year Balance$16,390,252EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,420,521BeginningYearBalanceAmt
Contributions$4,630,576ContributionsAmt
Investment Earnings Or Losses$3,863,524InvestmentEarningsOrLossesAmt
Other Expenditures$269,614OtherExpendituresAmt
End Year Balance$16,645,007EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02896BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.54054PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.43048TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,992,451OtherCostOrOtherBasisAmt
Book Value$3,992,451BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,739,424OtherCostOrOtherBasisAmt
Depreciation$19,371,567DepreciationAmt
Book Value$20,367,857BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,037,626OtherCostOrOtherBasisAmt
Depreciation$4,409,591DepreciationAmt
Book Value$628,035BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$405,214OtherCostOrOtherBasisAmt
Depreciation$322,880DepreciationAmt
Book Value$82,334BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$25,070,677TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$28,162,934TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,538,184NetUnrealizedGainsInvstAmt
Other Revenue-$5,380,347OtherRevenueAmt
Revenue Not Reported-$842,163RevenueNotReportedAmt
Revenue Subtotal$29,005,097RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$29,005,097TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$22,050,773TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$22,050,773ExpensesSubtotalAmt
Other Expenses Not Included$5,380,339OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$5,380,339ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$27,431,112TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:ENDOWMENT FUNDS ARE ASSETS OF THE SCHOOL THAT ARE INVESTED TO PROVIDE SUPPORT TO THE SCHOOL. A PORTION OF THE INVESTMENT RETURN IS UTILIZED TO SUPPORT THE SCHOOL'S OPERATIONS IN FULFILLMENT OF ITS MISSION AND A PORTION TO ENHANCE AND MAINTAIN THE PURCHASING CAPACITY OF THE PERMANENTLY RESTRICTED NET ASSETS.
PART X, LINE 2:IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THESE DETERMINATIONS HAVE BEEN REVIEWED ACCORDING TO GUIDANCE IN A FINANCIAL ACCOUNTING STANDARDS BOARD PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL NOW APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF JUNE 30, 2024, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY SUBJECT TO POTENTIAL EXAMINATION BY TAXING JURISDICTIONS FOR THE PRIOR THREE YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FINANCIAL AID -5,251,021. MANAGEMENT FEES -129,326.
PART XI, LINE 4B - OTHER ADJUSTMENTS:AUCTION INCOME
PART XII, LINE 2D - OTHER ADJUSTMENTS:AUCTION INCOME
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID 5,251,021. MANAGEMENT FEES 129,318.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE NOTICE OF NONDISCRIMINATORY POLICY TOWARD STUDENTS IS PUBLISHED ANNUALLY IN THE BOSTON GLOBE.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceTUITION GRANT OR SCHOLARSHIPTypeOfAssistanceTxt
RegionUKRAINERegionTxt
Recipient1RecipientCnt
Cash Grant$63,650CashGrantAmt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1ELIZABETH SALTONSTALLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line170 LINCOLN STREETAddressLine1Txt
CityBELMONTCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02478ZIPCd
FieldValueIRS element (for citing)
ActivityDEVELOPMENT CONSULTANTActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$36,000RetainedByContractorAmt
Net To Organization-$36,000NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$36,000TotalRetainedByContractorsAmt
Total Net To Organization-$36,000TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AUCTIONEvent1Nm
Gross Receipts Event1$118,787GrossReceiptsEvent1Amt
Gross Revenue Event1$118,787GrossRevenueEvent1Amt
Other Direct Expenses Event1$52,152OtherDirectExpensesEvent1Amt
Gross Receipts Total$118,787GrossReceiptsTotalAmt
Gross Revenue Total Events$118,787GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$52,152OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$52,152DirectExpenseSummaryEventsAmt
Net Income Summary$66,635NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I, LINE 2B, COLUMN (V)FormAndLineReferenceDesc
ExplanationUSE OF A DEVELOPMENT CONSULTANT TO HELP WITH FEASBILITY STUDIES AND TO HELP MAP OUT A POTENTIAL CAMPAIGN.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AIDGrantTypeTxt
Recipient130RecipientCnt
Cash Grant$5,251,021CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBRIMMER AND MAY REQUIRES ALL FAMILIES ASKING FOR FINANCIAL GRANT AWARDS TO COMPLETE A FINANCIAL AID APPLICATION. THE SCHOOL PARTNERS WITH SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) FOR THE APPLICATION PROCESS, WHICH INCLUDES A FULL PERSONAL FINANCIAL STATEMENT AND TWO YEARS OF FEDERAL TAX RETURNS AND W-2'S. SSS PROVIDES AN INDEPENDENT ASSESSMENT OF WHAT THE FAMILY CAN CONTRIBUTE TOWARDS EDUCATIONAL COSTS. ALL FINANCIAL GRANT AWARDS ARE BASED ON NEED AS DETERMINED BY THE FINANCIAL AID COMMITTEE USING ALL INFORMATION OBTAINED IN THE APPLICATION AND FROM SSS. ONCE THE FINANCIAL AID OFFICE RECEIVES ALL FINANCIAL MATERIALS PERTAINING TO THE APPLICATION, THE COMMITTEE WILL REVIEW EACH FAMILY'S REQUEST. CONSIDERATION FOR AID IS MADE AFTER A STUDENT HAS BEEN OFFERED A PLACE AT BRIMMER AND MAY. ONCE THE AWARD HAS BEEN GIVEN AND THE STUDENT ENROLLS AT THE SCHOOL, THE BUSINESS OFFICE IS GIVEN THE AMOUNT OF THE AWARD TO PROCESS AGAINST THE STUDENT ACCOUNT. THESE FUNDS ARE PART OF THE SCHOOL'S OPERATING BUDGET AND THE BUSINESS OFFICE PRODUCES REPORTS IN ORDER TO VERIFY AGAINST THE FINAL FINANCIAL AID REPORTS TO STUDENT BILLING.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JUDITH GUILD
HEAD OF SCHOOL$484,696$0$0$0$0$0$35,000$0$18,855$0$538,551$0$0$0
JULIAN HICKMAN
CFO$206,614$0$0$0$0$0$11,315$0$0$0$217,929$0$0$0
BRIAN BEALE
DIRECTOR OF ENROLLMENT$167,775$0$0$0$0$0$9,450$0$0$0$177,225$0$0$0
CARL RASPISATDA-VALLELY
HEAD OF MIDDLE SCHOOL$163,428$0$0$0$0$0$8,970$0$0$0$172,398$0$0$0
JOSEPH IULIANO
ASSISTANT HEAD OF ACADEMIC$143,545$0$0$0$0$0$13,090$0$0$0$156,635$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE SCHOOL PROVIDES HOUSING FOR THE HEAD OF SCHOOL, AS A CONDITION OF EMPLOYMENT.
PART I, LINE 4B4B: JUDITH GUILD 457B = $8,700

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS DEVELOPMENT FINANCE AGENCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issued2020-09-30BondIssuedDt
Issue Price$16,822,586IssuePriceAmt
PurposeTO REFINANCE 2010 AND 2017 BONDS WITH NEW BANKPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$16,822,586TotalProceedsAmt
Issuance Costs From Proceeds$126,712IssuanceCostsFromProceedsAmt
Working Capital Expenditures$16,695,874WorkingCapitalExpendituresAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
Noncash Contributions Rpt F990$276,915NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE HEAD OF SCHOOL, CFO, BOARD CHAIR, TREASURER AND CHAIRS OF THE AUDIT AND FINANCE COMMITTEES REVIEW THE FORM 990 TO ENSURE THAT IT IS COMPLETE AND ACCURATE. THE AUDIT COMMITTEE THEN REVIEWS THE FORM 990 IN ITS COMPLETE FORM AND AUTHORIZES IT TO BE SIGNED BY THE BOARD CHAIR AND FILED WITH THE IRS. THE FORM 990 IS DISTRIBUTED IN A SECURE ELECTRONIC FORMAT TO THE FULL GOVERNING BODY WITH SCHEDULE B DELETED.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED BY THE BOARD OF TRUSTEES. COMPLIANCE WITH THE POLICY IS ENFORCED BY THE GOVERNING BOARD, WHICH INFORMS NEW TRUSTEES AND COMMITTEE APPOINTEES OF ITS POLICY AND REQUIRES DISCLOSURE ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15AON JUNE 30, 2016, THE SCHOOL ENTERED INTO A FIVE YEAR EMPLOYMENT CONTRACT WITH THE HEAD OF SCHOOL. THE HEAD OF SCHOOL'S SALARY IS DETERMINED ANNUALLY BY A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES BASED ON PERFORMANCE, THE SCHOOL'S FINANCIAL POSITION AND SALARY ADJUSTMENTS PAID OTHER SCHOOL ADMINISTRATORS WITH COMPARABLE DUTIES AND RESPONSIBILITIES, NEVER TO BE LESS THAN THE SALARY AT START OF THE EMPLOYMENT CONTRACT. THE HEAD OF SCHOOL'S CONTRACT WAS EXTENDED FOR AN ADDITIONAL 5 YEARS, EFFECTIVE JULY 1, 2021.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE SCHOOL ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990 PAGE 1 PRIOR YEAR - LINE 8, LINE 20 AND LINE 22.THE SCHOOL CORRECTED AN ERROR RELATED TO PLEDGE REVEIVABLE IN THE AMOUNT OF $121,000 THAT WERE INCORRECTLY RECOGNIZED AS CONTRIBUTIONS DURING THE YEAR ENDED JUNE 30, 2024. ACCORDINGLY, A PRIOR PERIOD ADJUSTMENT WAS BOOKED WHEREBY PLEDGES RECEIVABLE, UNRESTRICTED NET ASSETS, AND CONTRIBUTIONS WERE EACH DECREASED BY $121,000 AS OF AND FOR THE YEAR ENDED JUNE 30, 2024 FOR THE CORRECTION OF THIS ERROR.