2019-05-14T14:49:25-05:00 2018-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2017-07-01 311668672 Measured Progress Inc MEAS 6037499102 100 Education Way Dover NH 03820 Mark Elgart CEO 6037499102 2019-05-13 1 Barbara J McGuan CPA P00219457 2077752387 2019-05-13 69.49.157.66 2019-05-13 17:34:24 ED P 15D84E00388989A2FD892B611AF49EE7CA45C0C7 2822CCB165EE8EB222BC1A8C889357795F91400A 2017 2019-02-21 02:37:17Z Mr Mark Elgart 100 Education Way Dover NH 03820 92443247 0 X www.measuredprogress.org X 1999 NH Improve teaching and learning by providing customized assessment products and educational services 7 5 394 0 0 0 0 0 100704073 92067174 10789 88911 46981 0 100761843 92156085 79426 65210 0 0 36420171 35113585 0 0 0 66045460 64429518 102545057 99608313 -1783214 -7452228 127956405 114478916 102480397 95878357 25476008 18600559 To improve teaching and learning by providing customized assessment products and educational services. 0 0 85511821 65210 92067174 Measured Progress, Inc. provides large-scale, special population and targeted educational assessment services and products to various state and local educational systems in the United States. Services and products include the complete development and production of software. 85511821 1 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 409 0 1 394 1 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NH NY OR X Rosario Rodriguez 8884133669 9115 Westside Parkway Alpharetta GA 30009 Daniel Caton Chair/Director 3.00 X X 33000 0 0 Mark Elgart Secretary 3.00 X X 22000 0 0 Karen Cowe Director 3.00 X 22000 0 0 Ellen Haley Director 3.00 X 11000 0 0 Dr Paul Ramsey Director 3.00 X 16500 0 0 Martin Borg President/Director 37.50 1.00 X X 349121 0 50439 Richard Swartz Past Senior VP/Director 37.50 X X 277628 0 48706 Tim Loomer Past Director 3.00 X 16500 0 0 Shelly Craig CFO & Treasurer 37.50 1.00 X 193637 0 45668 Stuart Kahl Founding Principal/Director 37.50 1.00 X 258442 0 47908 James Bowen Past CIO/COO 37.50 X 238565 0 45918 David Christopher Picou Sr. VP Information Technology 37.50 X 205629 0 44441 Candance McCloy Sr. VP Human Resources 37.50 1.00 X 202310 0 36286 Margie McCaw Sr. VP Client Services 37.50 X 204876 0 13387 David Ernst Sr. VP Business Development 37.50 X 274994 0 39076 Stephen Ferrara Sr. Advisor Measurement Solutions 37.50 X 243364 0 23584 2569566 0 395413 69 0 1 0 NCS Pearson 13036 Collection Center Drive Chicago IL 60693 Subcontractor Assessment Services 14305475 Kelly Services PO Box 820405 Philadelphia PA 19182 Temporary Staffing 5666068 Emetric LLC 211 North Loop 1604 East Suite 170 San Antonio TX 78232 Subcontractor Testing Services 4214511 Flagship Press 150 Flagship Drive North Andover MA 01845 Printing & Production 3791568 Piedra Data Services 18001 Old Culter Road Ste 409 Palmetto Bay FL 33157 Subcontractor 2413814 74 Contract Revenue 611710 92067174 92067174 92067174 37123 37123 338950 287162 51788 51788 51788 92156085 92067174 0 88911 X 65210 65210 1677029 1341623 335406 25831069 21055469 4775600 1131779 1062062 69717 4501837 3961633 540204 1971871 1759543 212328 153590 153590 61500 61500 38776787 38138364 638423 587496 15914 571582 2106734 2106734 3276697 2118951 1157746 4716568 3265375 1451193 2891297 2448058 443239 137037 9304 127733 616720 616720 5930915 5827838 103077 365964 365964 Service Center Costs 4510700 4247500 263200 Dues & Sponsorships 293946 41387 252559 Bad Debt Expense 3567 3567 99608313 85511821 14096492 0 X 11854453 251210 4089961 28437855 25727845 1296021 1403196 21727657 16356407 7651487 5371250 2531952 2531952 2617547 2562890 73567090 72540612 127956405 114478916 13807923 10432691 4193859 699418 9462576 8968140 6080153 4981076 68935886 70797032 102480397 95878357 X 25476008 18600559 25476008 18600559 127956405 114478916 X -7452228 576779 X 0 1 X 1 0 X 93805233 89428573 87898164 100704073 92067174 463903217 93805233 89428573 87898164 100704073 92067174 463903217 0 0 0 463903217 6498 5007 3366 48849 37123 100843 6498 5007 3366 48849 37123 100843 93811731 89433580 87901530 100752922 92104297 464004060 0.99980 0.99980 0.00020 0.00020 X X 1 11.16 0 0 0 1 0 0.00 0 428542 428542 0 8233663 7141165 1092498 13065452 8786700 4278752 5371250 Due From Related Parties 67924108 Security Deposits 103930 Intellectual Property 4512574 72540612 Due to Intercompany 70449745 Interest Rate Swap 347287 70797032 X Part II, Line 5: The City of Dover, NH is the party responsible for monitoring the easement annually, and provides Measured Progress with an easement monitoring report. Part II, Line 9: The conservation easement is not reported in the financial statements. Part X, Line 2: Measured Progress and its subsidiary, 171 Watson Road, have been recognized by the Internal Revenue Service as tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code (the Code). As such, they are exempt from federal income tax on related income. Advanced Systems is a for-profit organization which files federal and state income tax returns. Certain net operating losses of the taxable subsidiary, Advanced Systems, of approximately $1,307,000 at June 30, 2018 and 2017, generate a potential deferred tax asset of approximately $477,000. The losses begin to expire in 2022. No asset has been recorded as this amount is offset by a valuation allowance of the same amount, as it is management's judgment that is more likely than not that the benefit of such losses will not be realized. There was no change in valuation allowance in 2018 and 2017. The Company follows the accounting guidance for uncertainty in income taxes using the provisions of FASB Accounting Standards Codification 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the consolidated financial statements when it is more-likely-than-not the position will be sustained upon examination by the tax authorities. Such tax positions initially and subsequently need to be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. The Company believes that it has appropriate support for the income tax positions taken and to be taken on tax returns, and that its accruals for tax liabilities are adequate based on an assessment of many factors including experience and interpretations of tax laws applied to the facts of each matter. The Company has not historically had significant amounts of interest or penalties related to income taxes and any such amount would be recorded as income tax expense. In addition, Management has also evaluated the tax positions of Measured Progress and 171 Watson Road, and concluded they have maintained their tax exempt status, properly addressed their unrelated business income, and have taken no uncertain tax positions that require adjustment or disclosure to the consolidated financial statements. X X X X 1 0 0 0 0 0 0 1 0 Martin Borg President/Director 316297 0 20000 0 12824 0 16200 0 34239 0 399560 0 0 0 Richard Swartz Past Senior VP/Director 258731 0 13021 0 5876 0 15565 0 33141 0 326334 0 0 0 Shelly Craig CFO & Treasurer 183429 0 9600 0 608 0 11634 0 34034 0 239305 0 0 0 Stuart Kahl Founding Principal/Director 240608 0 12500 0 5334 0 15000 0 32908 0 306350 0 0 0 James Bowen Past CIO/COO 218983 0 6059 0 13523 0 13648 0 32270 0 284483 0 0 0 David Christopher Picou Sr. VP Information Technology 192269 0 7454 0 5906 0 12341 0 32100 0 250070 0 0 0 Candance McCloy Sr. VP Human Resources 178790 0 9201 0 14319 0 11249 0 25037 0 238596 0 0 0 Margie McCaw Sr. VP Client Services 187411 0 13889 0 3576 0 11362 0 2025 0 218263 0 0 0 David Ernst Sr. VP Business Development 270079 0 0 0 4915 0 7558 0 31518 0 314070 0 0 0 Stephen Ferrara Sr. Advisor Measurement Solutions 229682 0 8553 0 5129 0 0 0 23584 0 266948 0 0 0 Part I, Line 4a James Bowen, was paid a severance of $14,121.84 by the organization during 2017. Part I, Line 7 All employees are eligible to earn a bonus equal to a percentage of salary based on the operating results of the Organization. The bonus amounts are capped and are considered in all compensation analysis. A New Hampshire Health and Education Authority 020279866 2011-06-29 10458322 Refinance Debt and Property 0 0 1 A 1490182 10458322 40587 10417735 2015 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 1 TD Bank 10.000000000000 0 0 0 0 0 A 1 Form 990, Part VI, Section B, line 11b The Accounting Manager provides all necessary information to the tax preparers. In succession, a draft of the 990s are reviewed by the Accounting Manager and the CFO. The CEO, CLO, and the Finance Committee of the Board review before the final is filed with the IRS. Form 990, Part VI, Section B, line 12c Each member of the Board of Directors must disclose conflicts of interest annually. If any matter comes before the Board in such a way as to give rise to a conflict of interest, the affected Director must disclose the interest in good faith in advance of any Board action or discussion, as well as any relevant and material facts that might reasonably be construed to be adverse to Measured Progress. The affected Director must also withdraw from the meeting after fulfilling the above requirements as long as the matter is under discussion. The affected Director may not participate in any vote related to the transaction or contract in question. Form 990, Part VI, Section B, line 15 The Organization maintains a compensation program which benchmarks salaries for key employees and officers against external market data for comparable organizations. Authorization follows a formal approval process. The Executive Compensation Committee of the Board of Directors is comprised of external Board members. This group is responsible for reviewing, on an annual basis, the salaries of the President and Chief Executive Officer (CEO). The review includes consideration of external market data from comparable organizations. The Board of Directors formally approves the compensation established for the President & CEO. The establishment of key employee salaries follows a formal review and approval process, which also includes an analysis of external market data and salary surveys from comparable organizations. Form 990, Part VI, Section C, line 19 The Organization fully complies with all legal disclosure requirements and makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, Part VI, Section A Line 1: Daniel Caton, Karen Cowe, Mark Elgart, Ellen Haley, Tim Loomer, and Dr. Paul Ramsey, received a stipend for serving as board members of Measured Progress, Inc. They received no compensation for services rendered to the Organization as employees or independent contractors. In accordance with IRS instructions, these individuals have been listed on Part VI, Line 1b as independent board members. Form 990, Part IX, line 11g Other Fees: Program service expenses 11,447,963. Management and general expenses 107,401. Fundraising expenses 0. Total expenses 11,555,364. Consulting Fees: Program service expenses 26,690,401. Management and general expenses 531,022. Fundraising expenses 0. Total expenses 27,221,423. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Measured Progress, Inc. 100 Education Way Dover, NH 03820 EIN: 31-1668672 Section 1.263(a)-3(n) Election: Measured Progress, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Interest Rate Swap 576,779. 171 Watson Road of Dover Holding Corporation 100 Educational Way Dover NH 03820 200672817 Owns land and buildings of Measured Progress, Inc. NH 501(c)(3) Line 12a, I Measured Progress Inc 1 Advanced Systems in Measurement Inc 100 Education Way Dover NH 03820 020378394 Assessment (Inactive) NH Measured Progress Inc C 7215593 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 171 Watson Road of Dover Holding Corp K 2167021 Cash Transferred