CURRY COLLEGE: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- CURRY COLLEGE (EIN 04-2199867)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2020-04-01
- IRS object ID
- 202000929349300905
- Schema version
- 2018v3.1
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-01T11:15:40-05:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 State Street | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042199867 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Curry College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DAVID ROSATI VP FINANCE & C | InCareOfNm |
| Business Name Control | CURR | BusinessNameControlTxt |
| Phone | 6173332302 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 BLUE HILL AVENUE | AddressLine1Txt |
| City | MILTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02186 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID ROSATI | PersonNm |
| Person Title | cfo | PersonTitleTxt |
| Phone | 6173332302 | PhoneNum |
| Signature | 2020-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN COUTURE | PreparerPersonNm |
| PTIN | P01390592 | PTIN |
| Phone | 6177237900 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.119.147.121 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 04586620200925000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-04-01 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7D14034AF515942D2ABE7F7E27EA16D2649DB046 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A87539D75D44546F9E81755E19BD8DC508F41D5E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Kenneth K Quigley Jr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 BLUE HILL AVENUE | AddressLine1Txt |
| City | MILTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02186 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $125,622,617 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CURRY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1879 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE AND GRADUATE STUDENTS PREPARED TO ENGAGE IN SUCCESSFUL CAREERS AND ACTIVE CITIZENSHIP WITH A GLOBAL PERSPECTIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 1741 | TotalEmployeeCnt |
| Total Volunteers | 95 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,132,670 | PYContributionsGrantsAmt |
| CY Contributions Grants | $731,470 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $109,789,604 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $107,289,919 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,364,057 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,440,212 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,695,140 | PYOtherRevenueAmt |
| CY Other Revenue | $2,208,647 | CYOtherRevenueAmt |
| PY Total Revenue | $119,981,471 | PYTotalRevenueAmt |
| CY Total Revenue | $112,670,248 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $38,142,149 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $39,355,319 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $50,294,973 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $49,410,247 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,130,238 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $29,896,161 | PYOtherExpensesAmt |
| CY Other Expenses | $30,506,874 | CYOtherExpensesAmt |
| PY Total Expenses | $118,333,283 | PYTotalExpensesAmt |
| CY Total Expenses | $119,272,440 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,648,188 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,602,192 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $243,370,166 | TotalAssetsBOYAmt |
| Total Assets EOY | $230,792,405 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $94,662,726 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $91,814,830 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $148,707,440 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $138,977,575 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CURRY COLLEGE IS AN INCLUSIVE COMMUNITY OF DIVERSE LEARNERS AND EDUCATORS, COMMITTED TO CONTINUING OUR LEGACY OF DEVELOPING EFFECTIVE COMMUNICATORS WITH REFLECTIVE AND CRITICAL THINKING SKILLS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $70,731,610 | ExpenseAmt |
| Grant | $39,162,778 | GrantAmt |
| Revenue | $85,460,203 | RevenueAmt |
| Desc | INSTRUCTION - FOUNDED IN 1879, CURRY COLLEGE IS A 140 YEAR OLD PRIVATE, INDEPENDENT INSTITUTUTION GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 3,300 FULL AND PART TIME STUDENTS. THE COLLEGE OFFERS 26 UNDERGRADUATE DEGREES AND FIVE MASTERS DEGREES. THE COLLEGE DRAWS ITS STUDENTS FROM 33 STATES AND 24 COUNTRIES. THE COMBINED FACULTY AND STAFF AT CURRY TOTAL APPROXIMATELY 824. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,518,531 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STUDENT SERVICES - CURRY COLLEGE OFFERS A WIDE VARIETY OF EXTRA AND CO-CURRICULAR ACTIVITIES. THESE INCLUDE 14 DIVISION III NCAA ATHLETIC TEAMS, INTRAMURAL SPORTS AND APPROXIMATELY 35 STUDENT CLUBS AND GROUPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,090,710 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $21,829,716 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES - CURRY COLLEGE PROVIDES HOUSING AND MEAL SERVICES TO STUDENTS. MORE THAN 1,399 STUDENTS RESIDE ON CAMPUS IN 18 DIFFERENT RESIDENCE HALLS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,846,790 | ExpenseAmt |
| Grant | $192,541 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACADEMIC SUPPORT | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,846,790 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $192,541 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $110,187,641 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3164 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1741 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID ROSATI VP FINANCE C | PersonNm |
| Phone | 6173332302 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 BLUE HILL AVE | AddressLine1Txt |
| City | MILTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02186 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| W PATRICK HUGHES | |||||||||
| CHAIRPERSON | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KATHRYN M SARDELLA | |||||||||
| CHAIRPERSON | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DR JAMES M SULLIVAN | |||||||||
| TREASURER | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DR JOHN J SANTILLI | |||||||||
| CLERK | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT E BALLETTO | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| HON ANTHONY M CAMPO ESQ | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DR RUTH ELLEN FITCH | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DAVID K HEMENWAY | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| VINCENT J LOMBARDO | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN T MAHONEY III ESQ | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DR JOYCE A MURPHY | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT M PLATT | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH P PLUNKETT III | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Christine A Pulgini Esq | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MITCHELL I QUAIN | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS J QUINLAN III | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH WAGNER | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW B WRUBLIN | |||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH K QUIGLEY JR | |||||||||
| PRESIDENT | 40.0 | 0.0 | Yes (X) | Yes (X) | $461,657 | $0 | $60,881 | ||
| David M Rosati | |||||||||
| VP OF FINANCE & CFO | 40.0 | 0.0 | Yes (X) | $323,170 | $0 | $38,947 | |||
| DAVID SZCZERBACKI | |||||||||
| VP OF ACADEMIC AFFAIRS/PROVOST | 40.0 | 0.0 | $255,765 | $0 | $24,260 | Yes (X) | |||
| Christopher M Lawson | |||||||||
| VP INST'L ADvncmt (thru 12/18) | 40.0 | 0.0 | $232,270 | $0 | $33,225 | Yes (X) | |||
| Steven P Gunning | |||||||||
| PROFESSOR | 40.0 | 0.0 | $205,288 | $0 | $30,670 | Yes (X) | |||
| Anthony J Fabrizio Jr | |||||||||
| PROFESSOR | 40.0 | 0.0 | $197,235 | $0 | $25,619 | Yes (X) | |||
| Susan W Pennini | |||||||||
| VP OF INSTITUTIONAL PLANNING | 40.0 | 0.0 | $191,047 | $0 | $32,025 | Yes (X) | |||
| silas n pearman | |||||||||
| professor | 40.0 | 0.0 | $180,861 | $0 | $26,101 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,047,293 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $271,728 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 90 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WINDOVER CONSTRUCTION | |||||
| 66 CHERRY HILL DRIVE | BEVERLY | MA | 01915 | CONSTRUCTION | $13,015,671 |
| sodexo inc and affiliates | |||||
| 9801 washington boulevard | GAITHERSBURG | MD | 20878 | food service | $4,909,725 |
| McGarr Service Corporation | |||||
| 233 NEEDHAM STREET | NEWTON | MA | 02464 | janitorial service | $1,879,173 |
| Royall and Company | |||||
| 1920 EAST PARHAM ROAD | RICHMOND | VA | 23228 | Enrollment Mgmt. | $791,555 |
| 5 Horizons digitial LLC | |||||
| 1017 Turnpike Street Suite 33 | CANTON | MA | 02021 | Marketing Print | $440,714 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $12,000 | FundraisingAmt |
| Government Grants | $3,965 | GovernmentGrantsAmt |
| All Other Contributions | $715,505 | AllOtherContributionsAmt |
| Noncash Contributions | $140,513 | NoncashContributionsAmt |
| Total Contributions | $731,470 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 900099 | $85,460,203 | $85,460,203 |
| RESIDENCE HALLS | 721000 | $12,817,778 | $12,817,778 |
| MEAL PLANS | 722320 | $8,868,203 | $8,868,203 |
| BOOKSTORE | 451211 | $143,735 | $143,735 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $107,289,919 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,052,889 | TotalRevenueColumnAmt |
| Exclusion | $2,052,889 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,634 | TotalRevenueColumnAmt |
| Exclusion | $27,634 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,290,045 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,930,356 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $359,689 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $359,689 | TotalRevenueColumnAmt |
| Exclusion | $359,689 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,430 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $12,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $22,013 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,417 | TotalRevenueColumnAmt |
| Exclusion | $9,417 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| DAYCARE | 624410 | $818,267 | $818,267 |
| SPORTS CAMP REVENUE | 900099 | $549,169 | $549,169 |
| FACILITIES REVENUE | 900099 | $569,494 | $569,494 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $262,300 | TotalRevenueColumnAmt |
| Exclusion | $262,300 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,199,230 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $112,670,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $107,289,919 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,648,859 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,541 | TotalAmt |
| Program Services | $192,541 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,120,953 | TotalAmt |
| Program Services | $39,120,953 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,825 | TotalAmt |
| Program Services | $41,825 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,071,407 | TotalAmt |
| Program Services | $257,464 | ProgramServicesAmt |
| Management And General | $813,943 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,644,642 | TotalAmt |
| Program Services | $34,625,738 | ProgramServicesAmt |
| Management And General | $2,646,251 | ManagementAndGeneralAmt |
| Fundraising | $372,653 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,383,245 | TotalAmt |
| Program Services | $2,125,635 | ProgramServicesAmt |
| Management And General | $234,314 | ManagementAndGeneralAmt |
| Fundraising | $23,296 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,574,863 | TotalAmt |
| Program Services | $4,972,266 | ProgramServicesAmt |
| Management And General | $548,104 | ManagementAndGeneralAmt |
| Fundraising | $54,493 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,736,090 | TotalAmt |
| Program Services | $2,440,341 | ProgramServicesAmt |
| Management And General | $269,004 | ManagementAndGeneralAmt |
| Fundraising | $26,745 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,671 | TotalAmt |
| Management And General | $157,671 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,704 | TotalAmt |
| Management And General | $110,704 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,368 | TotalAmt |
| Management And General | $365,368 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,702,943 | TotalAmt |
| Program Services | $1,184,287 | ProgramServicesAmt |
| Management And General | $220,483 | ManagementAndGeneralAmt |
| Fundraising | $298,173 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,058,272 | TotalAmt |
| Program Services | $1,008,865 | ProgramServicesAmt |
| Management And General | $27,237 | ManagementAndGeneralAmt |
| Fundraising | $22,170 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,034,772 | TotalAmt |
| Program Services | $2,808,507 | ProgramServicesAmt |
| Management And General | $195,182 | ManagementAndGeneralAmt |
| Fundraising | $31,083 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,077,217 | TotalAmt |
| Program Services | $1,011,767 | ProgramServicesAmt |
| Management And General | $63,404 | ManagementAndGeneralAmt |
| Fundraising | $2,046 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,968 | TotalAmt |
| Program Services | $4,968 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,541,358 | TotalAmt |
| Program Services | $4,917,151 | ProgramServicesAmt |
| Management And General | $557,745 | ManagementAndGeneralAmt |
| Fundraising | $66,462 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $711,127 | TotalAmt |
| Program Services | $603,087 | ProgramServicesAmt |
| Management And General | $94,997 | ManagementAndGeneralAmt |
| Fundraising | $13,043 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,799,104 | TotalAmt |
| Program Services | $1,593,009 | ProgramServicesAmt |
| Management And General | $139,651 | ManagementAndGeneralAmt |
| Fundraising | $66,444 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,154,704 | TotalAmt |
| Program Services | $1,999,607 | ProgramServicesAmt |
| Management And General | $98,422 | ManagementAndGeneralAmt |
| Fundraising | $56,675 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,645,862 | TotalAmt |
| Program Services | $6,221,099 | ProgramServicesAmt |
| Management And General | $333,345 | ManagementAndGeneralAmt |
| Fundraising | $91,418 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,235 | TotalAmt |
| Program Services | $8,814 | ProgramServicesAmt |
| Management And General | $524,421 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DINING | $4,323,615 | $4,323,615 | $0 | $0 |
| BAD DEBT EXPENSE | $498,065 | $498,065 | $0 | $0 |
| TEMP. EMPLOYMENT AGENCIES | $337,275 | $158,535 | $178,501 | $239 |
| ALL OTHER EXPENSES | $450,614 | $69,502 | $375,814 | $5,298 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,272,440 | TotalAmt |
| Program Services | $110,187,641 | ProgramServicesAmt |
| Management And General | $7,954,561 | ManagementAndGeneralAmt |
| Fundraising | $1,130,238 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,831 | BOYAmt |
| EOY | $1,730 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,532,309 | BOYAmt |
| EOY | $17,948,485 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,562,130 | BOYAmt |
| EOY | $1,168,775 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,428,893 | BOYAmt |
| EOY | $2,034,331 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,762 | BOYAmt |
| EOY | $145,097 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $590,499 | BOYAmt |
| EOY | $615,695 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $202,547,836 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $92,267,282 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,737,868 | BOYAmt |
| EOY | $110,280,554 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,689,666 | BOYAmt |
| EOY | $98,597,738 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,654,208 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,370,166 | BOYAmt |
| EOY | $230,792,405 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,786,452 | BOYAmt |
| EOY | $8,741,907 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,397,872 | BOYAmt |
| EOY | $3,670,347 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,323,406 | BOYAmt |
| EOY | $79,239,695 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,996 | BOYAmt |
| EOY | $162,881 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,662,726 | BOYAmt |
| EOY | $91,814,830 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,132,334 | BOYAmt |
| EOY | $134,548,089 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,058,486 | BOYAmt |
| EOY | $2,768,954 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,516,620 | BOYAmt |
| EOY | $1,660,532 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,707,440 | BOYAmt |
| EOY | $138,977,575 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,370,166 | BOYAmt |
| EOY | $230,792,405 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$6,602,192 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,127,673 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,165,348 | BeginningYearBalanceAmt |
| Contributions | $349,905 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,438,322 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $120,486 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $368,421 | AdministrativeExpensesAmt |
| End Year Balance | $98,588,024 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $103,174,746 | BeginningYearBalanceAmt |
| Contributions | $641,359 | ContributionsAmt |
| Investment Earnings Or Losses | $8,916,876 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $156,466 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,411,167 | OtherExpendituresAmt |
| End Year Balance | $100,165,348 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $95,876,423 | BeginningYearBalanceAmt |
| Contributions | $584,263 | ContributionsAmt |
| Investment Earnings Or Losses | $12,189,465 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $118,325 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,357,080 | OtherExpendituresAmt |
| End Year Balance | $103,174,746 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $94,824,961 | BeginningYearBalanceAmt |
| Contributions | $2,176,608 | ContributionsAmt |
| Investment Earnings Or Losses | -$799,812 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $86,248 | GrantsOrScholarshipsAmt |
| Other Expenditures | $239,086 | OtherExpendituresAmt |
| End Year Balance | $95,876,423 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,423,929 | BeginningYearBalanceAmt |
| Contributions | $705,469 | ContributionsAmt |
| Investment Earnings Or Losses | $6,154,441 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $98,723 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,108,983 | OtherExpendituresAmt |
| End Year Balance | $95,076,133 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.95510 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.02810 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01680 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,672,481 | OtherCostOrOtherBasisAmt |
| Book Value | $2,672,481 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $135,746,092 | OtherCostOrOtherBasisAmt |
| Depreciation | $55,692,077 | DepreciationAmt |
| Book Value | $80,054,015 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $361,357 | OtherCostOrOtherBasisAmt |
| Depreciation | $361,125 | DepreciationAmt |
| Book Value | $232 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,914,202 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,804,904 | DepreciationAmt |
| Book Value | $3,109,298 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,853,704 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,409,176 | DepreciationAmt |
| Book Value | $24,444,528 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $110,280,554 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GOVERNMENT ADVANCES - STUDENT | Desc |
| Amt | $162,881 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $162,881 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $74,728,429 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$3,127,673 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $4,714,000 | OtherRevenueAmt |
| Revenue Not Reported | $1,586,327 | RevenueNotReportedAmt |
| Revenue Subtotal | $73,142,102 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $365,368 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $39,162,778 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $39,528,146 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $112,670,248 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $84,458,294 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,714,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,714,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $79,744,294 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $365,368 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $39,162,778 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $39,528,146 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $119,272,440 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 4 | THE COLLEGE INTENDS TO USE ALL OF ITS ENDOWMENT FUNDS IN SUPPORT OF ITS EXEMPT PURPOSE. EXTERNALLY RESTRICTED FUNDS WILL BE USED IN A MANNER CONSISTENT WITH DONOR RESTRICTIONS, INCLUDING SCHOLARSHIPS, FACILITIES AND VARIOUS STUDENT SERVICES. THE SPECIFIC USE OF UNRESTRICTED FUNDS WILL BE AS APPROVED BY THE COLLEGE'S GOVERNING BOARD ON NEEDS IDENTIFIED AT THE TIME. |
| SCHEDULE D, PART X, LINE 2 | THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| SCHEDULE D, PART XI, LINE 2D AND PART XII, LINE 2D | FOR PURPOSES OF 990 REPORTING, INCOME APPROPRIATED UNDER SPENDING POLICY OF $4,714,000 IS NOT INCLUDED ON THE STATEMENT OF REVENUES NOR THE STATEMENT OF FUNCTIONAL EXPENSES. |
| SCHEDULE D, PART XI, LINE 4B AND PART XII, LINE 4B | TOTAL REVENUE PER THE AUDITED FINANCIAL STATEMENTS IS PRESENTED NET OF INSTITUTIONAL SCHOLARSHIPS. FOR PURPOSES OF 990 REPORTING, TOTAL REVENUES AND EXPENSES ARE REPORTED GROSS. THEREFORE, A DIFFERENCE IS REFLECTED IN THE RECONCILIATION DUE TO INSTITUTIONAL SCHOLARSHIPS OF $39,162,778. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | CURRY COLLEGE IS AN INDEPENDENT NONSECTARIAN INSTITUTION THAT ADMITS STUDENTS WHO HAVE THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND TO MEET THE REQUIREMENTS OF THE COLLEGE. NO STUDENT IS DENIED ADMISSION ON THE GROUNDS OF RACE, RELIGION, COLOR, SEX, AGE, ETHNIC OR NATIONAL ORIGIN OR ANCESTRY, PHYSICAL OR MENTAL DISABILITY, PREGNANCY, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, GENETIC INFORMATION, VETERAN OR MILITARY STATUS, MEMBERSHIP IN THE UNIFORMED SERVICES, OR ANY OTHER PROTECTED STATUS AND PROVIDED THAT HE OR SHE HAS THE NECESSARY PREPARATION AND ACADEMIC BACKGROUND. THIS INFORMATION IS PUBLISHED IN VARIOUS LITERATURE PROMOTING THE COLLEGE AND THE ANNUAL CURRY COLLEGE COURSE CATALOG. THE COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON ITS WEBSITE AT WWW.CURRY.EDU. |
| SCHEDULE E, PART I, LINE 6A | CERTAIN STUDENTS OF THE COLLEGE RECEIVE FINANCIAL AID FROM THE STATE AND FEDERAL GOVERNMENTS IN THE FORM OF GRANTS AND LOANS UNDER THE FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, FEDERAL WORK-STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, FEDERAL PERKINS LOAN PROGRAM, AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANT. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | Study Abroad | $27,100 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | Scholarships | $41,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $68,925 | SubtotalSpentAmt |
| Total Spent | $68,925 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Curry Scholarships | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 3 | RecipientCnt |
| Cash Grant | $41,825 | CashGrantAmt |
| Manner Of Cash Disbursement | part V | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE F, PART I, LINE 2 | THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIPS AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGE'S FINANCIAL AID COMPLIANCE WITH FEDERAL GUIDELINES IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF PARTICIPATING IN THE PROGRAM, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE FUNDS. |
| SCHEDULE F, PART III, COLUMN (E) | SCHOLARSHIP FUNDS ARE APPLIED DIRECTLY AGAINST STUDENTS' ACCOUNT BALANCES AND PAID DIRECTLY TO PARTICIPATING STUDY ABROAD PROGRAMS. NO CASH IS PROVIDED DIRECTLY TO THE STUDENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | football golf | Event1Nm |
| Gross Receipts Event1 | $18,870 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $6,450 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $12,420 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $8,875 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $800 | OtherDirectExpensesEvent1Amt |
| Event2 | hockey golf | Event2Nm |
| Gross Receipts Event2 | $24,560 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,550 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $19,010 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $10,888 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $1,450 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $43,430 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $12,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,430 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $19,763 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,250 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $22,013 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $9,417 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Town of Milton | |||||||
| 525 Canton Ave | Milton | MA | 02186 | 046001228 | GOV'T | $100,000 | Milton Pilot |
| Cape Cod Baseball League | |||||||
| PO Box 266 | Harwichport | MA | 02646 | 042687718 | 501(C)(3) | $30,000 | Sponsorship |
| Milton Library Foundation | |||||||
| PO Box 314 | Milton | MA | 02186 | 043614024 | 501(C)(3) | $15,000 | Sponsorship |
| Rodman Ride for Kids | |||||||
| 10 Lincoln Road | Foxboro | MA | 02035 | 043329283 | 501(C)(3) | $22,500 | Sponsorship |
| Milton Foundation for Education | |||||||
| PO Box 223 | Milton | MA | 02186 | 043307338 | 501(C)(3) | $10,000 | Sponsorship |
| Milton High School Boosters | |||||||
| 25 Gile Road | Milton | MA | 02186 | 465437759 | 501(C)(3) | $7,500 | Sponsorship |
| New England Council Inc | |||||||
| 98 N Washington St | Boston | MA | 02114 | 041661090 | 501(C)(6) | $7,500 | Sponsorship |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Curry College Institutional Scholarship | 2350 | $38,206,363 |
| Stipends | 91 | $682,007 |
| Tuition Discounts | 101 | $232,583 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | PROCESS FOR MONITORING GRANTS TO INDIVIDUALS THE COLLEGE MAINTAINS A COMPUTERIZED SYSTEM WITH INTEGRATED CONTROLS TO ENSURE THAT SCHOLARSHIPS AWARDS ARE MADE IN ACCORDANCE WITH ESTABLISHED CRITERIA AS APPROVED BY SENIOR MANAGEMENT AND FEDERAL AND STATE AUTHORITIES, AS APPROPRIATE. A SERIES OF REPORTS HAVE BEEN DEVELOPED AND ARE USED BY MANAGEMENT TO IDENTIFY AND ADDRESS ANY EXCEPTIONS. ANNUALLY, THE COLLEGES FINANCIAL AID COMPLIANCE WITH FEDERAL GUIDELINES IS AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE ISSUES SCHOLARSHIPS TO STUDENTS WHO ARE REQUIRED TO MATRICULATE AT THE COLLEGE. THE STUDENT DOES NOT HAVE ANY DISCRETION ON HOW FUNDS ARE USED; ALL FUNDS ARE USED TO DEFRAY THE COSTS OF PARTICIPATING IN THIS PROGRAM, THEREFORE, THE COLLEGE IS NOT REQUIRED TO FURTHER MONITOR THE USE OF THE FUNDS. PROCESS FOR MONITORING GRANTS TO ORGANIZATIONS GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE UNITED STATES ARE REVIEWED AND APPROVED BY THE COLLEGE'S PRESIDENT AND CHIEF FINANCIAL OFFICER. IN EACH CASE, THE COLLEGE IS AWARE OF THE CHARITABLE USE OF THE FUNDS, WHICH IS TYPICALLY FOR THE GENERAL PURSUIT OF THE RECEIVING ORGANIZATION'S EXEMPT PURPOSES AND NOT EARMARKED FOR A SPECIFIC USE. THE COLLEGE BELIEVES IN EACH INSTANCE THAT THESE FORMS OF ASSISTANCE ARE IN THE COLLEGE'S BEST INTEREST IN PROMOTING ITS IMAGE AND THE PURSUIT OF ITS EXEMPT PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David M Rosati | ||||||||||||||
| VP OF FINANCE & CFO | $309,614 | $0 | $0 | $0 | $13,556 | $0 | $22,015 | $0 | $16,932 | $0 | $362,117 | $0 | $0 | $0 |
| DAVID SZCZERBACKI | ||||||||||||||
| VP OF ACADEMIC AFFAIRS/PROVOST | $253,479 | $0 | $0 | $0 | $2,286 | $0 | $15,392 | $0 | $8,868 | $0 | $280,025 | $0 | $0 | $0 |
| Christopher M Lawson | ||||||||||||||
| VP INST'L ADvncmt (thru 12/18) | $221,233 | $0 | $0 | $0 | $11,037 | $0 | $15,896 | $0 | $17,329 | $0 | $265,495 | $0 | $0 | $0 |
| Steven P Gunning | ||||||||||||||
| PROFESSOR | $186,044 | $0 | $0 | $0 | $19,244 | $0 | $12,262 | $0 | $18,408 | $0 | $235,958 | $0 | $0 | $0 |
| Anthony J Fabrizio Jr | ||||||||||||||
| PROFESSOR | $196,461 | $0 | $0 | $0 | $774 | $0 | $7,207 | $0 | $18,412 | $0 | $222,854 | $0 | $0 | $0 |
| Susan W Pennini | ||||||||||||||
| VP OF INSTITUTIONAL PLANNING | $189,859 | $0 | $0 | $0 | $1,188 | $0 | $13,544 | $0 | $18,481 | $0 | $223,072 | $0 | $0 | $0 |
| KENNETH K QUIGLEY JR | ||||||||||||||
| PRESIDENT | $447,924 | $0 | $0 | $0 | $13,733 | $0 | $19,012 | $0 | $41,869 | $0 | $522,538 | $0 | $0 | $0 |
| silas n pearman | ||||||||||||||
| professor | $180,447 | $0 | $0 | $0 | $414 | $0 | $17,005 | $0 | $9,096 | $0 | $206,962 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | HOUSING ALLOWANCE/PERSONAL SERVICES The President is required to live on campus as a condition of employment for the convenience of the College. The value of the residence is included on Schedule J, Part II, Column (D) as a nontaxable benefit. A portion of the housekeeping and insurance associated the personal use of the residence is treated as taxable and is included on Schedule J, Part II, Column (b)(iii). TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE COLLEGE PROVIDES TAX INDEMNIFICATION AND GROSS-UP PAYMENTS RELATED TO THE PERSONAL USE OF COLLEGE PROVIDED VEHICLES FOR THE VP OF INSTITUTIONAL ADVANCEMENT, DEAN OF STUDENTS, VP OF FINANCE & CFO, AND THE DEAN OF ADMISSIONS. THIS BENEFIT IS ALSO PROVIDED TO ADMISSIONS COUNSELORS. THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION FOR THESE LISTED INDIVIDUALS AND IS REPORTED ON PART II COLUMN (B)(III). SOCIAL CLUB DUES THE COLLEGE PROVIDES ITS VP FOR INSTITUTIONAL ADVANCEMENT WITH MEMBERSHIP TO A SOCIAL CLUB WHICH IS USED SOLELY FOR BUSINESS PURPOSES FOR FUNDRAISING ACTIVITY. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR THIS INDIVIDUAL. |
| SCHEDULE J, PART I, LINE 1B | THE COLLEGE REIMBURSES ALL EMPLOYEES, INCLUDING ITS OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF FOR EXPENSES INCURRED WHILE CONDUCTING BUSINESS OF THE COLLEGE. REIMBURSEMENTS FOR OFFICERS, KEY EMPLOYEES, AND SENIOR LEVEL STAFF ARE REVIEWED BY THE CFO AND/OR PRESIDENT, AS APPROPRIATE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| A | 043431814 | 000000000 | 2013-12-20 | $42,000,000 | SEE DESCRIPTION IN PART VI | false | false | false |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| B | 043431814 | 000000000 | 2015-01-30 | $15,350,000 | SEE DESCRIPTION IN PART VI | false | false | false |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| C | 043431814 | 000000000 | 2016-03-21 | $27,700,418 | SEE DESCRIPTION IN PART VI | false | false | false |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | ||||||||
| D | 043431814 | 000000000 | 2016-06-14 | $9,799,582 | SEE DESCRIPTION IN PART VI | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $9,495,000 | $0 | $42,150,123 | $0 | $0 | $0 | $429,290 | $0 | $0 | $18,091,109 | $23,629,724 | $0 | 2016 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $2,885,317 | $0 | $15,350,000 | $0 | $0 | $0 | $140,960 | $0 | $0 | $0 | $15,209,040 | $0 | 2008 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $1,857,572 | $0 | $27,700,418 | $0 | $0 | $0 | $165,473 | $0 | $0 | $0 | $27,534,945 | $0 | 2008 | Yes (true) | false | Yes (true) | Yes (true) |
| D | $701,900 | $0 | $10,025,612 | $0 | $0 | $0 | $67,253 | $0 | $0 | $9,985,359 | $0 | $0 | 2019 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | Yes (true) | Yes (true) | false | 0.04420 | 0.04420 | false | false | false | Yes (true) |
| B | false | Yes (true) | Yes (true) | Yes (true) | false | 0.01150 | 0.01150 | false | false | false | Yes (true) |
| C | false | Yes (true) | false | false | 0 | false | false | false | Yes (true) | ||
| D | false | Yes (true) | false | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||
| A | false | false | false | Yes (true) | Yes (true) | false | 0 | false | Yes (true) |
| 0 | |||||||||
| B | false | Yes (true) | false | false | Yes (true) | false | 0 | false | Yes (true) |
| 0 | |||||||||
| C | false | Yes (true) | false | false | Yes (true) | false | 0 | false | Yes (true) |
| 0 | |||||||||
| D | false | Yes (true) | false | false | Yes (true) | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, LINE A, COLUMN F | BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 1999, 2000 AND 2003 SERIES DEBT. IN ADDITION, A PORTION OF BOND PROCEEDS WERE USED TO CONSTRUCT A RESIDENCE HALL, RENOVATE AN EXISTING PROPERTY, AND OTHER CAPITAL IMPROVEMENTS. |
| SCHEDULE K, PART I, LINE B, COLUMN F | BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2005 SERIES DEBT. |
| SCHEDULE K, PART I, LINE C, COLUMN F | BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING 2006 SERIES DEBT. ADDITIONALLY, BONDS PROCEEDS WERE USED TO DEMOLISH AN EXISTING STUDENT CENTER AND CONSTRUCT A NEW STUDENT CENTER, CONSTRUCTION OF A NEW ACADEMIC BUILDING, AND EXPANSION AND RENOVATION OF AN EXISTING ADMINISTRATIVE OFFICE BUILDING. |
| SCHEDULE K, PART I, LINE D, COLUMN F | BONDS WERE ISSUED FOR THE PURPOSES OF CONSTRUCTING A NEW ACADEMIC BUILDING AND RENOVATION OF AN EXISTING ACADEMIC BUILDING. |
| SCHEDULE K, PART II, LINE 3, COLUMNS A & D | Total proceeds are higher for Bond A and D than the amount listed in Part I due to interest earned on proceeds. |
| SCHEDULE K, PART III, LINE 4, COLUMNS A, B, C | THE COLLEGE HAS ESTABLISHED PROCEDURES TO MONITOR PRIVATE BUSINESS USE ARRANGEMENTS PERTAINING TO ALL FACILITIES IT HAS FINANCED OR REFINANCED WITH TAX-EXEMPT BONDS, AND THE COLLEGE MONITORS ALL SUCH USES ON AN ANNUAL OR MORE FREQUENT BASIS. THE MONITORING IS INTENDED TO ENSURE THAT OVER THE TERM TO MATURITY OF EACH SUCH BOND ISSUE, THE COLLEGE WILL NOT EXCEED THE AGGREGATE PRIVATE BUSINESS USE LIMITATION APPLICABLE TO ANY ISSUE. |
| SCHEDULE K, PART IV, LINE 2C, COLUMN A | THE COLLEGE PERFORMED A REBATE COMPUTATION ON THE 2013 SERIES TAX-EXEMPT BOND. THE MOST RECENT COMPUTATIONS WERE PERFORMED AS OF 12/20/16. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $140,513 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule M, Part I, Column B | FormAndLineReferenceDesc |
| Explanation | The college is reporting the number of contributions received. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4D | ACADEMIC SUPPORT - CURRY COLLEGE ACADEMICALLY SUPPORTS STUDENTS WITH OUR ACADEMIC ENRICHMENT CENTER AND CAMPUS LIBRARY. Form 990, Part V, Line 1A The number from 2018 Form 1096 Box 3 includes 3,023 Forms 1098-T. FORM 990, PART VI, LINE 11B THE FORM 990 WAS PREPARED BY THE COLLEGE'S INDEPENDENT TAX FIRM WITH INFORMATION PROVIDED BY MANAGEMENT AND REVIEWED BY THE CHIEF FINANCIAL OFFICER, THE DIRECTOR OF FINANCE, AND THE CONTROLLER. A COMPLETE COPY OF THE 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FORM 990 BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, LINE 12C | THE COLLEGE HAS TWO CONFLICT OF INTEREST POLICIES, ONE THAT COVERS ALL BOARD MEMBERS AND A SECOND THAT COVERS ALL EMPLOYEES. BOTH POLICIES ARE UNDER THE OVERSIGHT OF THE BOARD OF TRUSTEES. THE COLLEGE DISTRIBUTES AN ANNUAL QUESTIONNAIRE TO BE COMPLETED BY OFFICERS AND THE BOARD OF TRUSTEES. THE CFO AND/OR PRESIDENT REVIEW POTENTIAL CONFLICTS OF INTEREST BY EMPLOYEES AND ALL NON-INTERESTED TRUSTEES REVIEW POTENTIAL CONFLICTS OF INTEREST BY TRUSTEES. THE PERSON WITH THE POTENTIAL CONFLICT WOULD PROVIDE INFORMATION TO THE BOARD OR CFO/PRESIDENT AS APPLICABLE. IN THE CASE OF TRUSTEES WITH A POTENTIAL CONFLICT OF INTEREST, THEY WOULD LEAVE THE BOARD MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT WHICH RESULTED IN THE CONFLICT. |
| FORM 990, PART VI, LINES 15A & 15B | Curry College maintains a compensation policy which covers all employees. When determining initial salaries, the following are considered: level of essential functions and responsibilities, required education, skills and relevant experience, both internal and external equity and budgeted amount. In reviewing salaries of existing employees, additional considerations include a substantial and permanent change in job duties, the change involves increase levels of responsibilities in terms of decision-making and problem solving, job complexity and/or additional knowledge and skills required. Changes to a position can occur as the result of organizational changes, both internal and external equity and availability of budgeted funds. The Office of Human Resources regularly reviews the external market to ensure the College is compensating positions competitively. Market data comes from a variety of generally accepted benchmarking sources. In addition, research is conducted on hiring ranges for appropriate matches at local and other higher education institutions. Different aspects of data are collected depending on the position being reviewed in order to ensure an appropriate compensation comparison. The compensation of the President is reviewed and approved by the Board of Trustees and there is contemporaneous documentation of the deliberation and decision. |
| FORM 990, PART VI, LINE 19 | THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST. |