MEADOWBROOK SCHOOL OF WESTON INCORPORATED: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MEADOWBROOK SCHOOL OF WESTON INCORPORATED (EIN 04-2104720)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202421369349315127
- Schema version
- 2022v5.0
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T17:40:43-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 CITY SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104720 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEADOWBROOK SCHOOL OF WESTON | BusinessNameLine1Txt |
| Business Name Line2 | INCORPORATED | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEAD | BusinessNameControlTxt |
| Phone | 7818941193 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1Txt |
| City | WESTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02493 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARVIND S GROVER | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 7818941193 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ARVIND | PersonFirstNm |
| Person Last | GROVER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN LO | PreparerPersonNm |
| PTIN | P01434915 | PTIN |
| Phone | 6179129000 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ARVIND S GROVER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1Txt |
| City | WESTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02493 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $21,238,985 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MEADOWBROOK-MA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1923 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN GRADES JUNIOR KINDERGARTEN THROUGH EIGHT, MEADOWBROOK INSPIRES CHILDREN TO LIVE WITH PURPOSE, LEARN WITH PASSION AND LEAD BY PRACTICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 242 | TotalEmployeeCnt |
| Total Volunteers | 120 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,755,450 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,389,770 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,997,973 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,105,403 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,282,336 | PYInvestmentIncomeAmt |
| CY Investment Income | $587,203 | CYInvestmentIncomeAmt |
| PY Other Revenue | $87,851 | PYOtherRevenueAmt |
| CY Other Revenue | $95,420 | CYOtherRevenueAmt |
| PY Total Revenue | $23,123,610 | PYTotalRevenueAmt |
| CY Total Revenue | $21,177,796 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,780,351 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,862,433 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,074,053 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,986,577 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,127,475 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,576,212 | PYOtherExpensesAmt |
| CY Other Expenses | $7,695,440 | CYOtherExpensesAmt |
| PY Total Expenses | $22,430,616 | PYTotalExpensesAmt |
| CY Total Expenses | $23,544,450 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $692,994 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,366,654 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $77,746,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $77,273,779 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,234,479 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,163,615 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,511,570 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $49,110,164 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MEADOWBROOK KNOWS, LOVES, AND CHALLENGES EVERY CHILD. TOGETHER, AS A DIVERSE COMMUNITY WITH HIGH ACADEMIC, ETHICAL AND SOCIAL STANDARDS, WE NURTURE CHARACTER, PROMOTE CONFIDENCE, INSPIRE CREATIVITY AND FOSTER CRITICAL THINKING SKILLS AS WE GUIDE EACH CHILD'S JOURNEY IN THE PURSUIT OF EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,186,991 | ExpenseAmt |
| Grant | $1,480,860 | GrantAmt |
| Revenue | $14,416,466 | RevenueAmt |
| Desc | TUITION - PROVIDE RIGOROUS ACADEMICS AND INNOVATIVE CURRICULA IN AN EXPANSIVE LEARNING ENVIRONMENT TO 309 ENROLLED STUDENTS RANGING OVER 10 CLASSES FROM JUNIOR KINDERGARTEN THROUGH GRADE 8, IN ORDER TO INSPIRE, CHALLENGE AND EMPOWER STUDENTS TO ACHIEVE AT THE HIGHEST LEVELS, CONNECT DEEPLY WITH DIVERSE PEOPLE AND PERSPECTIVES, AND COURAGEOUSLY CREATE CHANGE. THE ENTIRE CLASS OF 37 EIGHTH GRADERS GRADUATED IN JUNE 2023, GARNERING MANY NATIONAL AWARDS IN MATH AND LANGUAGES, AS WELL AS LOCAL AWARDS IN SCHOLASTIC ART AND WRITING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,942,226 | ExpenseAmt |
| Grant | $134,467 | GrantAmt |
| Revenue | $2,064,543 | RevenueAmt |
| Desc | SUMMER PROGRAMS - A WIDE RANGE OF SUMMER PROGRAMMING INCLUDING A TRADITIONAL DAY CAMP PROVIDED ACADEMIC AND RECREATIONAL PROGRAMS OF UP TO 8 WEEKS' DURATION TO A TOTAL OF 755 CHILDREN RANGING FROM THOSE ENTERING KINDERGARTEN THROUGH GRADE 9. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,049,320 | ExpenseAmt |
| Grant | $247,106 | GrantAmt |
| Revenue | $666,344 | RevenueAmt |
| Desc | SPECIAL INSTRUCTIONAL, SUPPLEMENTARY AND SCREENING PROGRAMS SUCH AS FIELD TRIPS, AFTER SCHOOL ACTIVITIES, LEARNING LAB AND TESTING THAT SERVE TO ENHANCE, EXTEND AND PERSONALIZE THE CORE CURRICULAR OFFERINGS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $16,178,537 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 106 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 242 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NANCY SIMONS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7818941193 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FARM ROAD | AddressLine1Txt |
| City | WESTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02493 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ARIANN WILLIAMS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN SUNG | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRYAN KRAUSE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER FARRINGTON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER PARRIS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID NEWBOWER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ESPERANZA WATKINS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ETHAN THUROW | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GISELLE NELSON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES DAVID | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JED WEISS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JEN LEE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSICA NIGRELLI | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JON NUGER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KATE ELLIS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA ROSE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARNI PAYNE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW MITTELSTADT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| NINA HANLON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PARESH PATEL | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RACHEL RIEMER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RUDINA SESERI | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZANNE FOLEY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TARJA VUOLTEENAHO | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TIMOTHY MACK | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER M AUSTEN | ||||||||
| PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| VINCENT MONTEMAGGIORE | ||||||||
| TREASURER | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JENNIFER BLOCK | ||||||||
| SECRETARY | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MEGAN CRAIGEN | ||||||||
| VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| NICOLE FITZPATRICK | ||||||||
| VICE PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ARVIND S GROVER | ||||||||
| HEAD OF SCHOOL | 40.00 | $543,157 | $0 | $62,697 | Yes (X) | |||
| JOHN AUSTIN | ||||||||
| DIR. OF FINANCE & OPERATIONS | 40.00 | $248,207 | $0 | $41,016 | Yes (X) | |||
| KRISTIN EISENHARDT | ||||||||
| DIR. OF ENROLLMENT MANAGEMENT | 40.00 | $194,129 | $0 | $49,360 | Yes (X) | |||
| MICHELE DALY | ||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $202,581 | $0 | $57,846 | Yes (X) | |||
| ALEXANDER SMITH | ||||||||
| HEAD OF PEOPLE | 40.00 | $183,743 | $0 | $14,392 | Yes (X) | |||
| JONATHAN SCHMID | ||||||||
| DIR. OF INNOVATION & TECHNOLOGY | 40.00 | $171,940 | $0 | $49,396 | Yes (X) | |||
| NANCY SIMONS ASSISTANT | ||||||||
| DIRECTOR OF FINANCE & OPERATIONS | 40.00 | $152,119 | $0 | $12,192 | Yes (X) | |||
| PAMELA SCAFATI | ||||||||
| DIR. OF MARKETING & COMMUNICATIONS | 40.00 | $142,777 | $0 | $10,012 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,838,653 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $296,911 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 30 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHARTWELLS (COMPASS GROUP USA) | |||||
| PO BOX 417632 | BOSTON | MA | 022417632 | FOOD SERVICE | $769,258 |
| DYNAMIC JANITORIAL CLEANING INC | |||||
| 176 MAIN STREET | MILFORD | MA | 01757 | CLEANING SERVICES | $174,179 |
| COMMUNITY COUNSELING SERVICE CO LLC | |||||
| 527 MADISON AVE 5TH FLOOR | NEW YORK | NY | 10022 | CAPITAL CAMPAIGN CONSULTING SERVICES | $125,000 |
| CREOSOTE AFFECTS LLC | |||||
| 514 E MAIN STREET | EMMITSBURG | MD | 21727 | GRAPHIC DESIGN SERVICES | $122,141 |
| CVM INC | |||||
| 780 E MAIN STREET | BRANFORD | CT | 06405 | IT SERVICES | $117,533 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $156,158 | GovernmentGrantsAmt |
| All Other Contributions | $3,233,612 | AllOtherContributionsAmt |
| Noncash Contributions | $70,172 | NoncashContributionsAmt |
| Total Contributions | $3,389,770 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $14,298,400 | $14,298,400 |
| DAY CAMP | 611600 | $2,064,543 | $2,064,543 |
| OTHER PROGRAMS | 611600 | $742,460 | $742,460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,105,403 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $629,699 | TotalRevenueColumnAmt |
| Exclusion | $629,699 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $72,163 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,693 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $53,470 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,470 | TotalRevenueColumnAmt |
| Exclusion | $53,470 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $42,496 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$42,496 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$42,496 | TotalRevenueColumnAmt |
| Exclusion | -$42,496 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT ACTIVITY FEES | 611600 | $23,375 | $23,375 |
| OTHER REVENUE | 900099 | $18,575 | $18,575 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $41,950 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,177,796 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,147,353 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $640,673 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,862,433 | TotalAmt |
| Program Services | $1,862,433 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,139,946 | TotalAmt |
| Program Services | $115,994 | ProgramServicesAmt |
| Management And General | $972,949 | ManagementAndGeneralAmt |
| Fundraising | $51,003 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,816,939 | TotalAmt |
| Program Services | $6,979,301 | ProgramServicesAmt |
| Management And General | $2,409,645 | ManagementAndGeneralAmt |
| Fundraising | $427,993 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,958 | TotalAmt |
| Program Services | $375,844 | ProgramServicesAmt |
| Management And General | $121,387 | ManagementAndGeneralAmt |
| Fundraising | $22,727 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,804,317 | TotalAmt |
| Program Services | $1,266,368 | ProgramServicesAmt |
| Management And General | $458,030 | ManagementAndGeneralAmt |
| Fundraising | $79,919 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,417 | TotalAmt |
| Program Services | $462,304 | ProgramServicesAmt |
| Management And General | $212,019 | ManagementAndGeneralAmt |
| Fundraising | $31,094 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,544 | TotalAmt |
| Management And General | $19,544 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,035 | TotalAmt |
| Management And General | $26,035 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,894 | TotalAmt |
| Management And General | $67,894 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,495 | TotalAmt |
| Management And General | $6,495 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,430,642 | TotalAmt |
| Program Services | $802,272 | ProgramServicesAmt |
| Management And General | $399,811 | ManagementAndGeneralAmt |
| Fundraising | $228,559 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,628 | TotalAmt |
| Management And General | $127,680 | ManagementAndGeneralAmt |
| Fundraising | $13,948 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,073,187 | TotalAmt |
| Program Services | $1,229,657 | ProgramServicesAmt |
| Management And General | $625,941 | ManagementAndGeneralAmt |
| Fundraising | $217,589 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,256 | TotalAmt |
| Program Services | $201,743 | ProgramServicesAmt |
| Management And General | $89,513 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $912,154 | TotalAmt |
| Program Services | $775,332 | ProgramServicesAmt |
| Management And General | $118,579 | ManagementAndGeneralAmt |
| Fundraising | $18,243 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,001 | TotalAmt |
| Program Services | $23,111 | ProgramServicesAmt |
| Management And General | $3,911 | ManagementAndGeneralAmt |
| Fundraising | $979 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,106 | TotalAmt |
| Program Services | $378,340 | ProgramServicesAmt |
| Management And General | $66,766 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,771,059 | TotalAmt |
| Program Services | $1,505,400 | ProgramServicesAmt |
| Management And General | $230,238 | ManagementAndGeneralAmt |
| Fundraising | $35,421 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,702 | TotalAmt |
| Management And General | $154,702 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSPORTATION | Desc |
| Total | $327,737 | TotalAmt |
| Program Services | $200,438 | ProgramServicesAmt |
| Management And General | $127,299 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,544,450 | TotalAmt |
| Program Services | $16,178,537 | ProgramServicesAmt |
| Management And General | $6,238,438 | ManagementAndGeneralAmt |
| Fundraising | $1,127,475 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,304,601 | BOYAmt |
| EOY | $10,259,839 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $799,534 | BOYAmt |
| EOY | $7,959 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,538,087 | BOYAmt |
| EOY | $1,624,486 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,147 | BOYAmt |
| EOY | $116,264 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,163 | BOYAmt |
| EOY | $69,150 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,312 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $976,368 | BOYAmt |
| EOY | $1,043,587 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $64,896,921 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,450,734 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,729,632 | BOYAmt |
| EOY | $40,446,187 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,194,205 | BOYAmt |
| EOY | $23,706,307 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,746,049 | BOYAmt |
| EOY | $77,273,779 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,591,980 | BOYAmt |
| EOY | $1,311,449 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,731,947 | BOYAmt |
| EOY | $8,937,315 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,910,552 | BOYAmt |
| EOY | $17,914,851 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,234,479 | BOYAmt |
| EOY | $28,163,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,962,313 | BOYAmt |
| EOY | $28,291,110 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,549,257 | BOYAmt |
| EOY | $20,819,054 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,511,570 | BOYAmt |
| EOY | $49,110,164 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,746,049 | BOYAmt |
| EOY | $77,273,779 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,366,654 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,965,248 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,436,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,451,874 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,169,959 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,755,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,389,770 | CurrentTaxYearAmt |
| Total | $19,203,327 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,436,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,451,874 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,169,959 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,755,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,389,770 | CurrentTaxYearAmt |
| Total | $19,203,327 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $19,203,327 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,065,051 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $922,307 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,040,485 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,326,624 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $701,862 | CurrentTaxYearAmt |
| Total | $6,056,329 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $130,587 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,750 | CurrentTaxYearMinus3YearsAmt |
| Total | $145,337 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $25,404,993 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $75,294,202 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75590 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $0 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $0 | TotalLobbyingExpendituresAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAYS MEMBERSHIP DUES TO THE MASSACHUSETTS ASSOCIATION OF NON-PROFIT SCHOOLS AND COLLEGES WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. AS SUCH, NO DETERMINATIVE AMOUNT IS LISTED IN THIS SCHEDULE. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,388,774 | BeginningYearBalanceAmt |
| Contributions | $772,896 | ContributionsAmt |
| Investment Earnings Or Losses | $2,555,864 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $74,314 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,122,276 | OtherExpendituresAmt |
| End Year Balance | $20,520,944 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,786,075 | BeginningYearBalanceAmt |
| Contributions | $308,030 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,056,811 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $57,735 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,590,785 | OtherExpendituresAmt |
| End Year Balance | $19,388,774 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,258,994 | BeginningYearBalanceAmt |
| Contributions | $94,917 | ContributionsAmt |
| Investment Earnings Or Losses | $7,232,894 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $55,928 | GrantsOrScholarshipsAmt |
| Other Expenditures | $744,802 | OtherExpendituresAmt |
| End Year Balance | $26,786,075 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,557,728 | BeginningYearBalanceAmt |
| Contributions | $648,880 | ContributionsAmt |
| Investment Earnings Or Losses | $966,268 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $33,009 | GrantsOrScholarshipsAmt |
| Other Expenditures | $835,932 | OtherExpendituresAmt |
| Administrative Expenses | $44,941 | AdministrativeExpensesAmt |
| End Year Balance | $20,258,994 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,419,755 | BeginningYearBalanceAmt |
| Contributions | $320,767 | ContributionsAmt |
| Investment Earnings Or Losses | $717,623 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,119 | GrantsOrScholarshipsAmt |
| Other Expenditures | $870,298 | OtherExpendituresAmt |
| End Year Balance | $19,557,728 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.03500 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77200 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.19300 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,794,664 | OtherCostOrOtherBasisAmt |
| Book Value | $5,794,664 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,584,485 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,964,508 | DepreciationAmt |
| Book Value | $33,619,977 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,976,557 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,101,332 | DepreciationAmt |
| Book Value | $875,225 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $541,215 | OtherCostOrOtherBasisAmt |
| Depreciation | $384,894 | DepreciationAmt |
| Book Value | $156,321 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,446,187 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $21,007,771 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,965,248 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,147,471 | OtherRevenueAmt |
| Revenue Not Reported | -$182,223 | RevenueNotReportedAmt |
| Revenue Subtotal | $21,189,994 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $6,495 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$18,693 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$12,198 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $21,177,796 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,409,177 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $18,693 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $18,693 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,390,484 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $6,495 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,147,471 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,153,966 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,544,450 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PRIMARY OBJECTIVE OF THE ENDOWMENT IS TO PROVIDE A REASONABLY STABLE AND PREDICTABLE STREAM OF EARNINGS TO SUPPORT THE OPERATIONS OF THE SCHOOL, AND TO PRESERVE AND ENHANCE OVER TIME THE REAL (INFLATION ADJUSTED) VALUE OF THE ENDOWMENT ASSETS. |
| PART X, LINE 2: | THE SCHOOL QUALIFIES AS A TAX-EXEMPT, NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE IRC AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, NET SURPLUS FROM UNRELATED BUSINESS INCOME, IF ANY, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE SCHOOL RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2023 OR 2022. THE SCHOOL WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF INCOME TAX EXPENSE. THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE UNITED STATES FEDERAL, STATE OR LOCAL AUTHORITIES FOR FISCAL YEARS BEFORE 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | TUITION AND TRANSPORTATION ASSISTANCE NETTED WITH REVENUE ON AUDITED FS -2,013,004. DAY CAMP FINANCIAL AID NETTED WITH REVENUE ON AUDITED FS -134,467. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -18,693. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 18,693. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION AND TRANSPORTATION ASSISTANCE NETTED WITH REVENUE ON AUDITED FS 2,013,004. DAY CAMP FINANCIAL AID NETTED WITH REVENUE ON AUDITED FS 134,467. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL HAS A LONG STANDING POLICY OF NON-DISCRIMINATORY ADMISSION OF STUDENTS. THEY PARTICIPATE WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND IN PUBLISHING THIS POLICY IN THE BOSTON GLOBE ON THE FIRST SUNDAY OF DECEMBER. THE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, RELIGIOUS AFFILIATION, NATIONAL AND ETHNIC ORIGIN AND QUALIFIED HANDICAPPED STUDENTS. THE POLICY CAN BE FOUND ON THE SCHOOLS WEBSITE. |
| SCHEDULE E, PART I, LINE 6 | DURING THE YEAR ENDED JUNE 30, 2022, THE SCHOOL CLAIMED AN EMPLOYEE RETENTION TAX CREDIT (ERTC) IN THE AMOUNT OF $2,081,181 AS PART OF THE CARES ACT. DURING THE YEAR ENDED JUNE 30, 2022, THE SCHOOL RECEIVED PARTIAL PAYMENT ON ITS ERTC CLAIM IN THE AMOUNT OF $612,853. AS THE REMAINDER OF THE ERTC BALANCE HAS NOT YET BEEN REFUNDED TO THE SCHOOL AS OF JUNE 30, 2022, THE REMAINING BALANCE, INCLUDING INTEREST, IS PRESENTED AS A RECEIVABLE. THE SCHOOL SUBSEQUENTLY RECEIVED ALL RRTC AMOUNTS DUE. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (9 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| TUITION | 43 | $1,480,860 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
| AFTER SCHOOL | 23 | $161,894 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
| LEARNING LAB | 6 | $6,927 | FAIR MARKET VALUE | CREDITS APPLIED TO STUDENT'S ACCOUNT AND DIRECT PAYMENT TO PROVIDER |
| OTHER (BOOKS, ACTIVITY FEES, ETC.) | 45 | $9,533 | FAIR MARKET VALUE | CREDITS APPLIED TO STUDENT'S ACCOUNT AND DIRECT PAYMENT TO PROVIDER |
| TESTING (ACADEMIC) | 11 | $33,986 | FAIR MARKET VALUE | CREDITS APPLIED TO STUDENT'S ACCOUNT AND DIRECT PAYMENT TO PROVIDER |
| TRANSPORTATION | 2 | $19,598 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
| SUMMER PROGRAM | 33 | $134,467 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
| FIELD TRIPS | 20 | $10,428 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
| TECHNOLOGY | 4 | $4,740 | FAIR MARKET VALUE | CREDITS APPLIED TO INDIVIDUAL'S ACCOUNT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL ASSISTANCE IS ISSUED IN THE FORM OF CREDITS APPLIED TO THE INDIVIDUAL'S ACCOUNT TO OFFSET CHARGES INCURRED FOR TUITION FEES, AFTER SCHOOL PROGRAMS, LEARNING LAB AND TESTING FEES, FIELD TRIP FEES, FEES RELATED TO OUR LAPTOP PROGRAM, AND OTHER MISCELLANEOUS CHARGES THAT MAY BE INCURRED IN THE COURSE OF BEING A STUDENT AT THE SCHOOL. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARVIND S GROVER | ||||||||||||||
| HEAD OF SCHOOL | $397,593 | $0 | $0 | $0 | $145,564 | $0 | $24,244 | $0 | $38,453 | $0 | $605,854 | $0 | $0 | $0 |
| JOHN AUSTIN | ||||||||||||||
| DIR. OF FINANCE & OPERATIONS | $221,526 | $0 | $0 | $0 | $26,681 | $0 | $15,684 | $0 | $25,332 | $0 | $289,223 | $0 | $0 | $0 |
| MICHELE DALY | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $194,837 | $0 | $0 | $0 | $7,744 | $0 | $14,868 | $0 | $42,978 | $0 | $260,427 | $0 | $0 | $0 |
| KRISTIN EISENHARDT | ||||||||||||||
| DIR. OF ENROLLMENT MANAGEMENT | $186,234 | $0 | $0 | $0 | $7,895 | $0 | $13,691 | $0 | $35,669 | $0 | $243,489 | $0 | $0 | $0 |
| JONATHAN SCHMID | ||||||||||||||
| DIR. OF INNOVATION & TECHNOLOGY | $163,656 | $0 | $0 | $0 | $8,284 | $0 | $12,180 | $0 | $37,216 | $0 | $221,336 | $0 | $0 | $0 |
| ALEXANDER SMITH | ||||||||||||||
| HEAD OF PEOPLE | $177,458 | $0 | $0 | $0 | $6,285 | $0 | $12,408 | $0 | $1,984 | $0 | $198,135 | $0 | $0 | $0 |
| NANCY SIMONS ASSISTANT | ||||||||||||||
| DIRECTOR OF FINANCE & OPERATIONS | $143,065 | $0 | $0 | $0 | $9,054 | $0 | $10,116 | $0 | $2,076 | $0 | $164,311 | $0 | $0 | $0 |
| PAMELA SCAFATI | ||||||||||||||
| DIR. OF MARKETING & COMMUNICATIONS | $136,301 | $0 | $0 | $0 | $6,476 | $0 | $9,528 | $0 | $484 | $0 | $152,789 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | DISCRETIONARY SPENDING ACCOUNT IS A SET ASIDE AMOUNT FOR THE HEAD OF SCHOOL'S TRAVEL AND ENTERTAINMENT EXPENSES. THESE EXPENSES MUST BE SUBSTANTIATED BY RECEIPTS AND LEGITIMATE BUSINESS PURPOSE, AND AS SUCH ARE NOT TAXABLE. HOUSING BENEFIT WAS PROVIDED TO THE HEAD OF SCHOOL. THIS AMOUNT WAS PAID OUT AS A CASH ALLOWANCE AND TREATED AS TAXABLE COMPENSATION TO THE HEAD OF SCHOOL. BY CONTRACT, HEAD OF SCHOOL RECEIVES A TOP HAT TUITION REMISSION BENEFIT. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2021-12-01 | BondIssuedDt |
| Issue Price | $18,037,000 | IssuePriceAmt |
| Purpose | CAMPUS ENHANCEMENT PROJECT | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $18,037,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $155,837 | IssuanceCostsFromProceedsAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | 0 | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $70,172 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL IS REPORTING THE NUMBER OF STOCK GIFTS RECEIVED ON THE NUMBER OF CONTRIBUTIONS, PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE BUSINESS OFFICE RECEIVES FROM ITS INDEPENDENT ACCOUNTING FIRM AN ANNUAL QUESTIONNAIRE SOLICITING INFORMATION FOR THE PREPARATION OF FORM 990. THE QUESTIONNAIRE IS COMPLETED BY THE ASSISTANT DIRECTOR OF FINANCE AND OPERATIONS AND RETURNED TO THE ACCOUNTING FIRM, WHICH PREPARES A DRAFT. THE DRAFT IS DISTRIBUTED TO THE HEAD OF SCHOOL AS WELL AS THE SCHOOL'S BOARD TREASURER, PRESIDENT, AND CHAIRS OF THE FINANCE AND AUDIT COMMITTEES FOR THEIR REVIEW. THE FORM 990 IS THEN FINALIZED AND FILED WITH THE IRS AND A PUBLIC DISCLOSURE COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THE SCHOOL IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED BY THE SIGNATORY TO THE FULL BOARD ANNUALLY, WITH UPDATES IN THE EVENT OF CHANGED CIRCUMSTANCES. THE HEAD OF SCHOOL, PRESIDENT OF THE BOARD AND CHAIRPERSON OF THE COMMITTEE ON TRUSTEES ARE INDIVIDUALLY AND JOINTLY CHARGED WITH ADMINISTERING THE POLICY. ANY TRUSTEE HAVING A PERSONAL INTEREST IN A GIVEN TRANSACTION OR OTHER RELATIONSHIP SHALL NOT PARTICIPATE IN THE DISCUSSION OF THAT TRANSACTION OR RELATIONSHIP, EXCEPT TO RESPOND TO QUESTIONS FROM OR PROVIDE INFORMATION REQUESTED BY THE TRUSTEES, SHALL SPECIFICALLY ABSTAIN FROM VOTING ON THE TRANSACTION OR RELATIONSHIP, AND SHALL NOT BE COUNTED TOWARD A QUORUM FOR PURPOSES OF THE VOTE. |
| FORM 990, PART VI, SECTION B, LINE 15 | ON AN ANNUAL BASIS, EVERY EMPLOYEE PREPARES GOALS WHICH ARE USED TO EVALUATE INDIVIDUAL PERFORMANCE. TEACHING FACULTY ARE SUBJECT TO SALARIED COMPENSATION BASED ON AN OBJECTIVE "STEP" SCALE (I.E. SALARY IS DETERMINED BY YEARS OF SERVICE). STAFF ARE ALSO SALARIED AND RECEIVE A STANDARD ANNUAL INCREASE TO ADJUST FOR INFLATION. THE HEAD OF SCHOOL'S PERFORMANCE AND COMPENSATION IS REVIEWED AND DETERMINED BY A SUB-COMMITTEE OF THE BOARD AND SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THE ANNUAL COMPENSATION PROCESS INVOLVES ATTENTION TO AND AVOIDANCE OF CONFLICTS OF INTEREST, USE OF COMPARABILITY DATA GATHERED AND CONTEMPORANEOUS DOCUMENTATION OF THE MEETINGS, DELIBERATIONS AND DECISIONS. THERE IS NO FORMAL INCENTIVE-BASED COMPENSATION POLICY THROUGHOUT THE ENTITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS ANNUAL REPORT, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 WITHOUT SCHEDULE B AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE FORM 990 WITHOUT SCHEDULE B CAN ALSO BE ACCESSED VIA CANDID (FORMERLY KNOWN AS GUIDESTAR) AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. |