2018-11-01T11:24:43-05:00 2018-06-30 061009205 BLUM SHAPIRO & COMPANY PC 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 021697431 990 2017-07-01 042108347 BELMONT DAY SCHOOL INC BELM 6174843078 55 DAY SCHOOL LANE BELMONT MA 02478 BRENDAN LARGAY HEAD OF SCHOOL 6174843078 2018-10-23 1 MICHELLE Y HATCH P01222458 7819821001 2018-10-23 64.251.63.131 2018-10-23 11:15:05 ED P 32C2B15C8AAF7E27428FAF8181EC4CA1A501E391 DF8EC6EC51E1FD1DECD3FD9B85C405DAF374F076 2017 2019-02-21 02:37:17Z BRENDAN LARGAY 55 DAY SCHOOL LANE BELMONT MA 02478 21358303 0 X BELMONTDAY.ORG X 1927 MA SCHEDULE O 27 24 248 75 0 0 3447897 2491910 10595085 11120449 271137 580441 7756 82555 14321875 14275355 1298552 1450172 0 0 7341432 7458430 0 0 393728 3302458 3101851 11942442 12010453 2379433 2264902 39403067 43358142 14262227 15689329 25140840 27668813 X SEE SCHEDULE O 0 0 8765542 1327939 9339503 WINTER SESSION - THE SCHOOL EDUCATES APPROXIMATELY 274 CHILDREN FROM PRE-KINDERGARTEN THROUGH THE EIGHTH GRADE. ITS CURRICULUM INCLUDES READING, WRITING, MATHEMATICS, SCIENCE, ART, MUSIC, FRENCH, SPANISH, AND PHYSICAL EDUCATION. 766555 2894 1380255 SUMMER SESSION - THE SCHOOL OPERATES A SUMMER SESSION AND SWIM AND TENNIS CLUB DURING THE VARIOUS WEEKS OF THE SUMMER. APPROXIMATELY 640 CHILDREN ATTEND SUMMER SESSION. 386573 119339 483246 THE EXTERNAL PROGRAMS PROVIDE APPROXIMATELY 173 CHILDREN WITH A SAFE, STRUCTURED ENVIRONMENT AFTER THE SCHOOL DAY, WITH PROGRAMS THAT SUPPORT AND CHALLENGE THE INTELLECTUAL, SOCIAL, EMOTIONAL, CREATIVE AND PHYSICAL GROWTH OF EACH CHILD. ALSO, APPROXIMATELY 74 CHILDREN ATTENDED MULTIPLE CAMPS DURING TWO VACATION WEEKS. 9918670 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 35 0 1 248 1 0 0 0 0 0 0 0 0 0 0 X 27 24 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X FREDERICK COLSON III 6174843078 BELMONT DAY SCHOOL 55 DAY SCHOOL BELMONT MA 02478 DANYUL CHO TRUSTEE 1.00 X 0 0 0 KIRK CHISHOLM TRUSTEE 1.00 X 0 0 0 JEFF CRISAN TRUSTEE 1.00 X 0 0 0 AUDRA DAINORA TRUSTEE 1.00 X 0 0 0 THOMAS HANCOCK TRUSTEE 1.00 X 0 0 0 DESIREE HUMPHRIES IVEY TRUSTEE 1.00 X 0 0 0 LESLIE JENG TRUSTEE 1.00 X 0 0 0 KIM MORRIS TRUSTEE 1.00 X 0 0 0 BRENDON PARRY TRUSTEE 1.00 X 0 0 0 MARGARET POTTER TRUSTEE 1.00 X 0 0 0 MARGARET WADE TRUSTEE 1.00 X 0 0 0 SEAN DALTON TRUSTEE 1.00 X 0 0 0 SASHA EBRAHIMI TRUSTEE 1.00 X 0 0 0 CHARLES FOLEY TRUSTEE 1.00 X 0 0 0 KAREN LIESCHING TRUSTEE 1.00 X 0 0 0 JACKIE ROBINSON TRUSTEE 1.00 X 0 0 0 LARRY GRIFFIN TRUSTEE 1.00 X 0 0 0 CATALINA GUILLERMETY TRUSTEE 1.00 X 0 0 0 ELLIOT TARGUM TRUSTEE 1.00 X 0 0 0 KRISTEN LEWIS TRUSTEE 1.00 X 0 0 0 CARL GENEUS TEACHER/TRUSTEE 40.00 X 69784 0 11721 DEAN SPENCER TEACHER/TRUSTEE 40.00 X 91552 0 17010 JILL FINNERTY VICE PRESIDENT/TRUSTEE 1.00 X X 0 0 0 BRIT DEWEY PRESIDENT/TRUSTEE 1.00 X X 0 0 0 MATTHEW KADNAR TREASURER/TRUSTEE 1.00 X X 0 0 0 KEVIN PLANTE CLERK/TRUSTEE 1.00 X X 0 0 0 BRENDAN LARGAY HEAD OF SCHOOL 40.00 X X 291972 0 75295 FREDERICK COLSON III DIRECTOR OF FINANCE 40.00 X 66666 0 6225 DEBORAH BRISSENDEN ASSISTANT HEAD OF SCHOOL 40.00 X 131783 0 8658 MARY MERRILL DIRECTOR OF DEVELOPMENT 40.00 X 107960 0 7601 DOROTHY RYAN DIRECTOR OF TECHNOLOGY 40.00 X 106220 0 12831 865937 0 139341 4 0 1 0 UTILE INC 115 KINGSTON STREET BOSTON MA 02111 ARCHITECT 774550 SHAWMUT DESIGN & CONSTRUCTION 560 HARRISON AVE BOSTON MA 02118 CONSTRUCTION OF NEW BUILDING 276835 ZAURIE ZIMMERMAN ASSOC INC PO BOX 3027 ANDOVER MA 01810 DESIGN AND CONSTRUCTION MGMT 115701 PROSPECT BUILDING SERVICES CORP 360 PEARL STREET MALDEN MA 02148 CLEANING SERVICES 111516 4 2491910 209206 2491910 TUITION & FEES-WINTER 611600 9226948 9226948 TUITION & FEES-SUMMER 611600 1380255 1380255 TUITION & FEES-EXT. PROG. 611600 483246 483246 TUITION & FEES-OTHER PRG. 611600 30000 30000 11120449 367053 367053 7079257 217079 7082948 0 -3691 217079 213388 213388 MISCELLANEOUS 611600 82555 82555 82555 14275355 11203004 0 580441 1450172 1450172 695280 197249 446246 51785 5509923 4714143 557830 237950 239895 202732 30136 7027 567624 511190 42192 14242 445708 356147 67937 21624 21570 21570 37660 37660 20 20 7300 5150 2150 192776 31199 151139 10438 506457 442062 42673 21722 106965 102550 4415 465837 462842 2362 633 54780 54780 108000 97246 10754 248302 246666 1290 346 765686 760640 3979 1067 121239 3237 118002 FOOD & KITCHEN 176226 176226 MISCELLANEOUS 144338 36285 108053 PRINTING & PUBLICATIONS 75188 21126 54062 ATHLETICS 47028 47028 22479 22479 12010453 9918670 1698055 393728 1278949 2285869 5109037 1897948 1641156 1235024 14940 49767 273196 229092 33443649 11196174 15235530 22247475 14729338 14163677 1120921 1249290 39403067 43358142 1066217 1190174 4636913 4057385 8326997 8888848 232100 1552922 14262227 15689329 X 16570046 18592508 4670285 4957261 3900509 4119044 25140840 27668813 39403067 43358142 2264902 263071 0 X 0 1 X 1 0 X X 1 0 0.00 0 1 15642642 853721 826613 2144532 15178444 13484521 1557700 1196421 596000 15642642 13866367 593060 -402736 572170 13484521 13789689 559737 34619 517678 13866367 13340068 468949 1929657 1948985 13789689 0.64550 0.27130 0.08320 0 0 1117580 1117580 19293876 8373618 10920258 2893914 2018998 874916 10138279 803558 9334721 22247475 CONSTRUCTION PAYABLE 1552922 1552922 13065755 263071 263071 12802684 20 1472651 1472671 14275355 10537782 0 10537782 20 1472651 1472671 12010453 PART II, LINE 9: THE SCHOOL PURCHASED CLAFIN FIELD ON MARCH 28, 2001, WHICH IS SUBJECT TO A CONSERVATION RESTRICTION REQUIRING THAT IT BE PRESERVED. THIS PARCEL IS INCLUDED IN PROPERTY AND EQUIPMENT ON THE STATEMENT OF FINANCIAL POSITION AND THE SCHOOL'S MANAGEMENT AND BUILDINGS AND GROUNDS STAFF IS AWARE OF THE PRESERVATION REQUIREMENT AND ENSURES IT IS FOLLOWED. THE LAND IS ADJACENT TO THE SCHOOL GROUNDS AND HAS BEEN USED AS A PLAYING FIELD FOR PHYSICAL EDUCATION AND ATHLETIC PROGRAMS. PART V, LINE 4: THE SCHOOL'S ENDOWMENT INCLUDES BOTH DONOR AND BOARD-RESTRICTED FUNDS. THESE AMOUNTS ARE HELD IN VARIOUS INVESTMENT VEHICLES SO THAT THE RELATED INCOME CAN BE USED TO PROVIDE FINANCIAL AID TO FAMILIES AND TO FUND VARIOUS PROGRAMS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,450,172. CAPITAL CAMPAIGN EXPENSES 22,479. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,450,172. CAPITAL CAMPAIGN EXPENSES 22,479. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NON-DISCRIMINATION POLICY APPEARS IN NEWSPAPER WITH LARGEST CIRCULATION IN THE AREA 1 FINANCIAL AID 58 1450172 PART I, LINE 2 FAMILIES WISHING TO APPLY FOR FINANCIAL AID MUST FIRST SUBMIT A LETTER OF INTENT TO APPLY FOR AID TO THE SCHOOL. THE SCHOOL THEN PROVIDES THESE FAMILIES WITH AN APPLICATION WHICH IS COMPLETED AND SENT TO AN INDEPENDENT THIRD PARTY WHO COMPILES STATISTICAL ANALYSIS THE SCHOOL CAN USE TO DETERMINE AWARDS. THE ANALYSIS ALONG WITH RECENT TAX DOCUMENTS WHICH THE FAMILIES ARE REQUIRED TO SUBMIT DIRECTLY TO THE SCHOOL ARE REVIEWED BY THE SCHOOL'S FINANCIAL AID COMMITTEE. THE COMMITTEE DETERMINES WHICH FAMILIES QUALIFY FOR AWARDS AND THE AMOUNT OF EACH AWARD. THE SCHOOL'S BUSINESS OFFICE PERSONNEL ENSURE THE AWARDS ARE PROPERLY APPLIED TO THE RECIPIENTS' TUITION ACCOUNT AND THE BUSINESS MANAGER MONITORS ALL STUDENT ACCOUNT ACTIVITY. X X X X 0 0 0 0 0 0 0 0 0 BRENDAN LARGAY HEAD OF SCHOOL 291972 0 0 0 0 0 14651 0 60644 0 367267 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2017-04-13 15500000 TO PAY OFF 2012 BONDS AND HELP FUND CONSTRUCTION OF NEW SCHOOL BUILDING 0 0 0 A 15500000 557718 8449959 6492323 2018 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/21/2018 X 483 FMV AT DONATION X 21 208245 FMV AT DONATION X INSTRUCTIONAL MATERIALS 8 478 FMV AT DONATION 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF INDIVIDUAL ITEMS DONATED. FORM 990, PART I, LINE 1: BELMONT DAY SCHOOL WAS FOUNDED IN 1927 BY A GROUP OF PARENTS COMMITTED TO PROVIDING CHILDREN WITH A STRONG ACADEMIC FOUNDATION AND MANY OPPORTUNITIES FOR CREATIVE EXPRESSION. TODAY, AS THEN, THE SCHOOL'S PROGRAM GUIDES AND CHALLENGES THE INTELLECTUAL, SOCIAL, EMOTIONAL, MORAL, ARTISTIC, AND PHYSICAL GROWTH OF EACH CHILD. BELMONT DAY SCHOOL STRIVES TO BE A DIVERSE COMMUNITY DEDICATED TO ACADEMIC EXCELLENCE AND INTELLECTUAL DISCIPLINE WHERE STUDENTS FEEL SECURE, EXPERIENCE THE JOYS OF LEARNING, AND KNOW THEIR ACCOMPLISHMENTS ARE VALUED. AT BELMONT DAY SCHOOL WE VIEW EDUCATION AS A PROCESS BY WHICH CHILDREN BECOME SELF-MOTIVATED, LIFE-LONG LEARNERS WHO TAKE RESPONSIBILITY FOR THEMSELVES, EACH OTHER AND THE WORLD AROUND THEM. THE CURRICULUM IS DYNAMIC AND RIGOROUS AND REFLECTS AN UNDERSTANDING OF THE MANY WAYS CHILDREN DEVELOP AND LEARN. IN EVERY GRADE, NEW CONCEPTS ARE INTRODUCED, REINFORCED AND MASTERED THROUGH A RANGE OF CONCRETE EXPERIENCES AND OPPORTUNITIES THAT DEVELOP ABSTRACT REASONING. TEACHERS GUIDE AND INSTRUCT STUDENTS INDIVIDUALLY AND IN SMALL GROUPS WHILE PROVIDING TIME FOR STUDENTS TO LEARN FROM ONE ANOTHER. THE FACULTY PURSUES ONGOING PROFESSIONAL DEVELOPMENT, AND REGULARLY EVALUATES CURRICULUM IN LIGHT OF THE BEST EDUCATIONAL THEORY AND PRACTICE. THE SCHOOL AND ALL ITS MEMBERS COMMIT TO AND PRACTICE SIX CORE VALUES: RESPECT, HONESTY, RESPONSIBILITY, CARING, JOY AND EXCELLENCE. FACULTY, STUDENTS, PARENTS AND ADMINISTRATORS INTEGRATE THESE VALUES INTO CURRICULAR CHOICES, WORKING RELATIONSHIPS, COMMUNITY SERVICE AND ALL OTHER ASPECTS OF SCHOOL LIFE. IT IS THIS VISION OF EDUCATION THAT GUIDES THE SCHOOL NOW AND HAS CHARACTERIZED THE SCHOOL SINCE ITS FOUNDING. FORM 990, PART III, LINE 1: BELMONT DAY SCHOOL WAS FOUNDED IN 1927 BY A GROUP OF PARENTS COMMITTED TO PROVIDING CHILDREN WITH A STRONG ACADEMIC FOUNDATION AND MANY OPPORTUNITIES FOR CREATIVE EXPRESSION. TODAY, AS THEN, THE SCHOOL'S PROGRAM GUIDES AND CHALLENGES THE INTELLECTUAL, SOCIAL, EMOTIONAL, MORAL, ARTISTIC, AND PHYSICAL GROWTH OF EACH CHILD. BELMONT DAY SCHOOL STRIVES TO BE A DIVERSE COMMUNITY DEDICATED TO ACADEMIC EXCELLENCE AND INTELLECTUAL DISCIPLINE WHERE STUDENTS FEEL SECURE, EXPERIENCE THE JOYS OF LEARNING, AND KNOW THEIR ACCOMPLISHMENTS ARE VALUED. AT BELMONT DAY SCHOOL WE VIEW EDUCATION AS A PROCESS BY WHICH CHILDREN BECOME SELF-MOTIVATED, LIFE-LONG LEARNERS WHO TAKE RESPONSIBILITY FOR THEMSELVES, EACH OTHER AND THE WORLD AROUND THEM. THE CURRICULUM IS DYNAMIC AND RIGOROUS AND REFLECTS AN UNDERSTANDING OF THE MANY WAYS CHILDREN DEVELOP AND LEARN. IN EVERY GRADE, NEW CONCEPTS ARE INTRODUCED, REINFORCED AND MASTERED THROUGH A RANGE OF CONCRETE EXPERIENCES AND OPPORTUNITIES THAT DEVELOP ABSTRACT REASONING. TEACHERS GUIDE AND INSTRUCT STUDENTS INDIVIDUALLY AND IN SMALL GROUPS WHILE PROVIDING TIME FOR STUDENTS TO LEARN FROM ONE ANOTHER. THE FACULTY PURSUES ONGOING PROFESSIONAL DEVELOPMENT, AND REGULARLY EVALUATES CURRICULUM IN LIGHT OF THE BEST EDUCATIONAL THEORY AND PRACTICE. THE SCHOOL AND ALL ITS MEMBERS COMMIT TO AND PRACTICE SIX CORE VALUES: RESPECT, HONESTY, RESPONSIBILITY, CARING, JOY AND EXCELLENCE. FACULTY, STUDENTS, PARENTS AND ADMINISTRATORS INTEGRATE THESE VALUES INTO CURRICULAR CHOICES, WORKING RELATIONSHIPS, COMMUNITY SERVICE AND ALL OTHER ASPECTS OF SCHOOL LIFE. IT IS THIS VISION OF EDUCATION THAT GUIDES THE SCHOOL NOW AND HAS CHARACTERIZED THE SCHOOL SINCE ITS FOUNDING. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERS CONSIST OF PARENTS, STEP-PARENTS AND LEGALLY APPOINTED GUARDIANS OF STUDENTS AT THE SCHOOL, ELECTED TRUSTEES WHO ARE NOT OTHERWISE MEMBERS AND CERTAIN OTHER PERSONS AS DEFINED IN THE SCHOOL'S BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS (SEE SCHEDULE O RESPONSE TO FORM 990, PART VI, SECTION A, LINE 6) CAN ELECT, REMOVE AND SUSPEND TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE ANY CHANGES THAT ARE MADE TO THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL REQUIRED SCHEDULES WERE REVIEWED COMPLETELY BY THE AUDIT COMMITTEE OF THE BOARD, THE DIRECTOR OF FINANCE, AND THE HEAD OF SCHOOL PRIOR TO ITS FILING. THE FINAL FORM 990 WAS FILED IN THE OFFICE OF THE DIRECTOR OF FINANCE SUBSEQUENT TO ITS FILING WITH THE IRS AND IS AVAILABLE FOR ALL MEMBERS OF THE BOARD OF TRUSTEES TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY SPECIFICALLY COVERS ALL MEMBERS OF THE BOARD OF TRUSTEES. THE BOARD ALSO REQUIRES THE DIRECTOR OF FINANCE TO BE COVERED BY THE POLICY. ON AN ANNUAL BASIS THESE INDIVIDUALS MUST REVIEW THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS. IN ADDITION, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, THE COMMITTEE ON TRUSTEES, THE FINANCE COMMITTEE, AND THE BOARD OF TRUSTEES AS A WHOLE REVIEW EVERY SUBSTANTIVE TRANSACTION THAT MIGHT GIVE RISE TO A REAL OR PERCEIVED CONFLICT IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. IF A CONFLICT IS DETERMINED TO EXIST, AT ANY BOARD MEETING IN WHICH A PROPOSED TRANSACTION OR DECISION INVOLVING A CONFLICT IS CONSIDERED, THE INDIVIDUAL WITH A PERSONAL INTEREST SHALL MAKE A FULL STATEMENT OF FACTS REGARDING THE MATTER AND THE SCOPE OF HIS OR HER INTEREST, WHICH DISCLOSURE SHALL BE MADE IN THE MINUTES OF THE MEETING. THE INDIVIDUAL SHALL THEN RECUSE HIMSELF OR HERSELF FROM THE BOARD'S DELIBERATIONS AND VOTING ON THE PROPOSED TRANSACTION OR DECISION. FORM 990, PART VI, SECTION B, LINE 15 TO DETERMINE COMPENSATION FOR THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL, AND DIRECTOR OF FINANCE, THE SCHOOL FOLLOWS THE GUIDELINES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS AS SET FORTH IN THE GENERAL INSTRUCTIONS OF THE 990. THESE GUIDELINES WERE MOST RECENTLY FOLLOWED TO ESTABLISH THE COMPENSATION FOR THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE FOR FISCAL 2018. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OUR AUDITED FINANCIAL STATEMENTS ARE AVAILABLE IN THE OFFICE OF THE DIRECTOR OF FINANCE.