THOMAS COLLEGE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THOMAS COLLEGE (EIN 01-0263385)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-01-24
- IRS object ID
- 201810249349300111
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-01-24T10:04:29-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010242373 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MACPAGE LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 LONG CREEK DRIVE | AddressLine1Txt |
| City | SOUTH PORTLAND | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010263385 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 2078591111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 WEST RIVER ROAD | AddressLine1Txt |
| City | WATERVILLE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETH GIBBS | PersonNm |
| Person Title | TREASURER/ SR VP | PersonTitleTxt |
| Phone | 2078591111 | PhoneNum |
| Signature | 2018-01-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICK NICHOLAS | PreparerPersonNm |
| PTIN | P00289567 | PTIN |
| Phone | 2077745701 | PhoneNum |
| Preparation | 2018-01-18 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.186.191.122 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-01-19 | IPDt |
| IP Tm | 09:59:03 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 210BD80361C474E9EDF0767AEA879AC992B96D4F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 54C73B093DAC2DEBBFB24F55A03D3A25DC813CF0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURIE LACHANCE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 WEST RIVER ROAD | AddressLine1Txt |
| City | WATERVILLE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $36,476,097 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 3913 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THOMAS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | THOMAS COLLEGE PREPARES STUDENTS FOR SUCCESS IN THEIR PERSONAL AND PROFESSIONAL LIVES, AND FOR LEADERSHIP AND SERVICE IN THEIR COMMUNITIES. THOMAS PROVIDES A SUPPORTIVE LEARNING ENVIRONMENT THAT VALUES THE NEEDS AND GOALS OF INDIVIDUAL STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 466 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,238,897 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,321,869 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,545,114 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,525,243 | CYProgramServiceRevenueAmt |
| PY Investment Income | $131,243 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,433,555 | CYInvestmentIncomeAmt |
| PY Other Revenue | $163,738 | PYOtherRevenueAmt |
| CY Other Revenue | $181,898 | CYOtherRevenueAmt |
| PY Total Revenue | $29,078,992 | PYTotalRevenueAmt |
| CY Total Revenue | $32,462,565 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,485,267 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,727,388 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,867,087 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,435,302 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,116,113 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,483,158 | PYOtherExpensesAmt |
| CY Other Expenses | $9,305,688 | CYOtherExpensesAmt |
| PY Total Expenses | $28,835,512 | PYTotalExpensesAmt |
| CY Total Expenses | $30,468,378 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $243,480 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,994,187 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $67,164,911 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,669,460 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,154,610 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,796,292 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $47,010,301 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $49,873,168 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THOMAS COLLEGE PREPARES STUDENTS FOR SUCCESS IN THEIR PERSONAL AND PROFESSIONAL LIVES, AND FOR LEADERSHIP AND SERVICE IN THEIR COMMUNITIES. THOMAS PROVIDES A SUPPORTIVE LEARNING ENVIRONMENT THAT VALUES THE NEEDS AND GOALS OF INDIVIDUAL STUDENTS. AT THOMAS, STUDENTS DISCOVER AND FULFILL THEIR UNIQUE POTENTIAL. EACH PROGRAM AT THE COLLEGE PROMOTES PROFESSIONAL EXCELLENCE, INFORMED BY ETHICS AND INTEGRITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,971,291 | ExpenseAmt |
| Grant | $9,727,388 | GrantAmt |
| Revenue | $27,525,243 | RevenueAmt |
| Desc | INSTRUCTION - UNDERGRADUATE AND GRADUATE EDUCATION OFFERING ASSOCIATES, BACHELOR AND MASTERS DEGREE PROGRAMS CONCENTRATING IN BUSINESS, EDUCATION, TECHNOLOGY, CRIMINAL JUSTICE AND PSYCHOLOGY TO APPROXIMATELY 900 FULL-TIME STUDENTS AND 180 PART-TIME. | Desc |
| Total Program Service Expenses | $26,971,291 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 95 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 466 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BETH GIBBS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2078591111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 WEST RIVER ROAD | AddressLine1Txt |
| City | WATERVILLE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CONRAD L AYOTTE | |||||||
| CO-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TODD SMITH | |||||||
| CO-CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DOUGLAS L CUTCHIN | |||||||
| 1ST VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRIAN BERNATCHEZ | |||||||
| 2ND VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KENNETH VIENS | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CLIFFORD C ABBOTT JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM DUBAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM DOYLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC GENDRON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE HAYES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHERINE HALEY PHD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES JOHNSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MEREDITH JONES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CARY OLSON-CARTWRIGHT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY PIPER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DORCAS RILEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| H ALLEN RYAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM RYAN JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HOWARD SEVEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLEY SHIMANSKY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD SPELLMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY SAVARD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURIE LACHANCE | |||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $239,900 | $0 | $32,175 | |
| BERNARD OUELLETTE | |||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | Yes (X) | $187,920 | $0 | $40,180 | ||
| BETH GIBBS | |||||||
| TREASURER | 40.00 | Yes (X) | $150,849 | $0 | $19,069 | ||
| THOMAS EDWARDS | |||||||
| VP ACAD.AFFAIRS | 40.00 | Yes (X) | $144,108 | $0 | $37,237 | ||
| ROBERT MOORE | |||||||
| VP INST ADVANCE | 40.00 | Yes (X) | $121,152 | $0 | $14,528 | ||
| DONALD CRAGEN | |||||||
| ASSOCIATE PROFESSOR | 40.00 | $115,731 | $0 | $12,820 | Yes (X) | ||
| LISA DESAUTELS-POLIQUIN | |||||||
| VP-STUDENT AFFR | 40.00 | $113,817 | $0 | $15,441 | Yes (X) | ||
| JONATHAN KENT | |||||||
| VP ENROLLMENT.MGMT | 40.00 | $116,787 | $0 | $17,189 | Yes (X) | ||
| CHRISTOPHER RHODA | |||||||
| VP INFORM.SERVICES | 40.00 | $123,068 | $0 | $31,352 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,313,332 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $219,991 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| 200 FIFTH AVENUE 4TH FLOOR | WALTHAM | MA | 02451 | DINING SERVICES | $1,577,811 |
| THE LAWLOR GROUP | |||||
| 6400 FLYING CLOUD DRIVE SUITE 170 | EDEN PAIRIE | MN | 55344 | CONSULTANTS, MARKETING | $248,609 |
| HONEYWELL INTERNATIONAL INC | |||||
| 12490 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | MAINT CONTRACTS & GENERAL SUPPLIES | $132,694 |
| DELL MARKETING | |||||
| PO BOX 534118 | ATLANTA | GA | 303534118 | IT EQUIPMENT | $125,688 |
| JS MCCARTHY | |||||
| 15 DARIN DRIVE | AUGUSTA | ME | 043309479 | PRINTING AND PUBLICATIONS | $105,533 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $624,045 | GovernmentGrantsAmt |
| All Other Contributions | $2,697,824 | AllOtherContributionsAmt |
| Noncash Contributions | $1,490,766 | NoncashContributionsAmt |
| Total Contributions | $3,321,869 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $27,163,507 | $27,163,507 |
| SUMMER PROGRAMS | 611600 | $361,736 | $361,736 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,525,243 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $415,845 | TotalRevenueColumnAmt |
| Exclusion | $415,845 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,600 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,600 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,600 | TotalRevenueColumnAmt |
| Exclusion | $24,600 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,031,242 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,013,532 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,017,710 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,017,710 | TotalRevenueColumnAmt |
| Exclusion | $1,017,710 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER FEES AND CHARGES | 611600 | $134,964 | $134,964 |
| YEARBOOK | 511190 | $15,660 | $15,660 |
| BOOKSTORE | 451211 | $6,674 | $6,674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $157,298 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,462,565 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,525,243 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,615,453 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,727,388 | TotalAmt |
| Program Services | $9,727,388 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $987,118 | TotalAmt |
| Program Services | $181,345 | ProgramServicesAmt |
| Management And General | $670,093 | ManagementAndGeneralAmt |
| Fundraising | $135,680 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,420,716 | TotalAmt |
| Program Services | $7,433,158 | ProgramServicesAmt |
| Management And General | $569,612 | ManagementAndGeneralAmt |
| Fundraising | $417,946 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,520 | TotalAmt |
| Program Services | $49,069 | ProgramServicesAmt |
| Management And General | $202,173 | ManagementAndGeneralAmt |
| Fundraising | $41,278 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,160,324 | TotalAmt |
| Program Services | $1,142,691 | ProgramServicesAmt |
| Fundraising | $17,633 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $574,624 | TotalAmt |
| Program Services | $462,678 | ProgramServicesAmt |
| Management And General | $72,974 | ManagementAndGeneralAmt |
| Fundraising | $38,972 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,389 | TotalAmt |
| Program Services | $230,605 | ProgramServicesAmt |
| Management And General | $105,784 | ManagementAndGeneralAmt |
| Fundraising | $2,000 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $672,875 | TotalAmt |
| Program Services | $672,525 | ProgramServicesAmt |
| Fundraising | $350 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $711,045 | TotalAmt |
| Program Services | $662,537 | ProgramServicesAmt |
| Management And General | $48,508 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,805 | TotalAmt |
| Program Services | $4,131 | ProgramServicesAmt |
| Management And General | $3,084 | ManagementAndGeneralAmt |
| Fundraising | $8,590 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,115 | TotalAmt |
| Program Services | $85,627 | ProgramServicesAmt |
| Management And General | $21,193 | ManagementAndGeneralAmt |
| Fundraising | $2,295 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $477,488 | TotalAmt |
| Program Services | $476,701 | ProgramServicesAmt |
| Management And General | $787 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,377,645 | TotalAmt |
| Program Services | $2,328,806 | ProgramServicesAmt |
| Management And General | $48,839 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,034 | TotalAmt |
| Program Services | $20,167 | ProgramServicesAmt |
| Management And General | $43,867 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $1,267,268 | $1,267,268 | ||
| OTHER OPERATING EXPENSE | $760,303 | $273,263 | $138,508 | $348,532 |
| ATHLETICS | $402,231 | $392,094 | $10,137 | |
| REPAIR SUPPLIES AND MAI | $372,305 | $291,353 | $75,735 | $5,217 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,737,185 | TotalAmt |
| Program Services | $1,269,885 | ProgramServicesAmt |
| Management And General | $369,680 | ManagementAndGeneralAmt |
| Fundraising | $97,620 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,468,378 | TotalAmt |
| Program Services | $26,971,291 | ProgramServicesAmt |
| Management And General | $2,380,974 | ManagementAndGeneralAmt |
| Fundraising | $1,116,113 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,392 | BOYAmt |
| EOY | $296,596 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,699,117 | BOYAmt |
| EOY | $5,087,788 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335,762 | BOYAmt |
| EOY | $694,496 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735,770 | BOYAmt |
| EOY | $695,254 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $848,324 | BOYAmt |
| EOY | $754,347 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,160 | BOYAmt |
| EOY | $24,188 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,720 | BOYAmt |
| EOY | $51,053 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $64,677,401 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,085,282 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,517,975 | BOYAmt |
| EOY | $44,592,119 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,401,212 | BOYAmt |
| EOY | $16,316,034 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,498 | BOYAmt |
| EOY | $4,498 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,981 | BOYAmt |
| EOY | $153,087 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,164,911 | BOYAmt |
| EOY | $68,669,460 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,086,958 | BOYAmt |
| EOY | $2,148,283 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,222 | BOYAmt |
| EOY | $307,146 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,357,442 | BOYAmt |
| EOY | $10,792,547 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,306,410 | BOYAmt |
| EOY | $4,042,345 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,027,578 | BOYAmt |
| EOY | $1,505,971 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,154,610 | BOYAmt |
| EOY | $18,796,292 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,552,052 | BOYAmt |
| EOY | $36,412,771 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,150,362 | BOYAmt |
| EOY | $4,929,850 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,307,887 | BOYAmt |
| EOY | $8,530,547 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,010,301 | BOYAmt |
| EOY | $49,873,168 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,164,911 | BOYAmt |
| EOY | $68,669,460 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,994,187 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $415,316 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $453,364 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | 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) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Additions During Year | $218,600 | AdditionsDuringYearAmt |
| Distributions During Year | $218,600 | DistributionsDuringYearAmt |
| Ending Balance | $0 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,150,814 | BeginningYearBalanceAmt |
| Contributions | $190,173 | ContributionsAmt |
| Investment Earnings Or Losses | $1,389,176 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $386,400 | GrantsOrScholarshipsAmt |
| End Year Balance | $11,343,763 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,510,829 | BeginningYearBalanceAmt |
| Contributions | $332,153 | ContributionsAmt |
| Investment Earnings Or Losses | -$325,295 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $366,873 | GrantsOrScholarshipsAmt |
| End Year Balance | $10,150,814 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,373,412 | BeginningYearBalanceAmt |
| Contributions | $94,655 | ContributionsAmt |
| Investment Earnings Or Losses | $358,763 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $316,001 | GrantsOrScholarshipsAmt |
| End Year Balance | $10,510,829 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,815,748 | BeginningYearBalanceAmt |
| Contributions | $468,445 | ContributionsAmt |
| Investment Earnings Or Losses | $1,386,619 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $297,400 | GrantsOrScholarshipsAmt |
| End Year Balance | $10,373,412 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,723,867 | BeginningYearBalanceAmt |
| Contributions | $343,501 | ContributionsAmt |
| Investment Earnings Or Losses | $1,043,225 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $294,845 | GrantsOrScholarshipsAmt |
| End Year Balance | $8,815,748 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.75000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,871,985 | OtherCostOrOtherBasisAmt |
| Book Value | $1,871,985 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,216,757 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,302,719 | DepreciationAmt |
| Book Value | $27,914,038 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,999,322 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,179,282 | DepreciationAmt |
| Book Value | $13,820,040 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,589,337 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,603,281 | DepreciationAmt |
| Book Value | $986,056 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,592,119 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO FEDERAL GOV'T PERKINS LOANS | $800,644 |
| STUDENT DEPOSITS | $138,650 |
| ASSET RETIREMENT OBLIGATION | $364,305 |
| FAIR VALUE OF INTEREST RATE SWAP | $202,372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,505,971 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $23,150,493 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $415,316 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $415,316 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,735,177 | RevenueSubtotalAmt |
| Other Revenues Not Included | $9,727,388 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $9,727,388 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $32,462,565 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,740,990 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,740,990 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $9,727,388 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,727,388 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,468,378 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | THE COLLEGE RECEIVED A GRANT FOR WHICH CERTAIN FUNDS WERE DESIGNATED FOR ANOTHER ORGANIZATION. |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE HELD IN PERPETUITY WITH THE INCOME BEING USED PRIMARILY FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS TO STUDENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 9,727,388. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 9,727,388. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THOMAS COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL ADMISSIONS APPLICATIONS, COURSE CATALOGS AND ON-LINE ADMISSIONS MATERIAL. |
| SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVES FUNDS FROM VARIOUS PROGRAMS OF THE UNITED STATES DEPARTMENT OF EDUCATION, SUCH AS THE FEDERAL PERKINS LOAN PROGRAM, THE FEDERAL WORK STUDY PROGRAM, AND THE FEDERAL PELL PROGRAM. THESE FUNDS ALLOW THE COLLEGE TO HELP STUDENTS TO FINANCE THE COST OF THEIR EDUCATION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AID | GrantTypeTxt |
| Recipient | 927 | RecipientCnt |
| Cash Grant | $9,727,388 | CashGrantAmt |
| Valuation Method Used | CASH | ValuationMethodUsedDesc |
| Non Cash Assistance | SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE'S FINANCIAL AID OFFICE AWARDS SCHOLARSHIPS TO STUDENTS BASED ON ESTABLISHED FEDERAL AND COLLEGE POLICIES. AWARDS ARE CREDITED TO THE STUDENTS' ACCOUNT AT THE COLLEGE AS CREDITS TO TUITION AND OTHER FEES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURIE LACHANCE | ||||||||||||||
| PRESIDENT | $239,900 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32,175 | $0 | $272,075 | $0 | $0 | $0 |
| BERNARD OUELLETTE | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $187,920 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40,180 | $0 | $228,100 | $0 | $0 | $0 |
| BETH GIBBS | ||||||||||||||
| TREASURER | $150,849 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,069 | $0 | $169,918 | $0 | $0 | $0 |
| THOMAS EDWARDS | ||||||||||||||
| VP ACAD.AFFAIRS | $144,108 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37,237 | $0 | $181,345 | $0 | $0 | $0 |
| CHRISTOPHER RHODA | ||||||||||||||
| VP INFORM.SERVICES | $123,068 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31,352 | $0 | $154,420 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|---|---|
| MAINE HEALTH & HIGHER ED MHHEFA 2014A | ||||||||
| A | 010314384 | 560427W77 | 2014-07-01 | $3,502,120 | RESIDENCE HALL | 0 | 0 | Yes (1) |
| MAINE HEALTH & HIGHER ED MHHEFA 2010B | ||||||||
| B | 010314384 | 560427JA5 | 2010-06-24 | $1,560,000 | BUILDINGS | 0 | 0 | Yes (1) |
| CITY OF WATERVILLE | ||||||||
| C | 016000037 | 000000000 | 2015-07-16 | $4,507,500 | RESIDENCE HALL | 0 | 0 | 0 |
| FINANCE AUTHORITY OF MAINE | ||||||||
| D | 010392006 | 000000000 | 2015-07-16 | $3,342,500 | RESIDENCE HALL | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $3,502,120 | $266,706 | $40,516 | $3,194,898 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $1,681,789 | $178,862 | $38,067 | $1,464,860 | Yes (1) | 0 | Yes (1) | Yes (1) |
| C | $4,507,500 | $69,050 | $4,438,450 | 0 | 0 | Yes (1) | Yes (1) | |
| D | $3,342,500 | $78,178 | $3,264,322 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
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 | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 3B | FormAndLineReferenceDesc |
| Explanation | FOR MAINE HEALTH & HIGHER ED MHHEFA 2010B, THE DIFFERENCE BETWEEN ISSUE PRICE AND GROSS PROCEEDS IS DUE TO A BOND ISSUANCE PREMIUM. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,490,776 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11A EXPLANATION - THE 990 IS PREPARED BY THE OUTSIDE ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. THE FINANCE COMMITTEE APPROVES THE 990. A COPY IS PROVIDED TO EACH BOARD MEMBER AT THE JANUARY MEETING FOR REVIEW, PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD OF TRUSTEE MEMBER IS PROVIDED WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY. TRUSTEE MEMBERS ARE ASKED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SHOULD A MATTER ARISE IN WHICH A TRUSTEE HAS A CONFLICT, HE/SHE WILL RECUSE THEMSELVES FROM VOTING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES USES COLLEGE AND UNIVERSITY SURVEY DATA AS WELL AS A REVIEW OF PERFORMANCE WHEN THEY VOTE ON COMPENSATION FOR THE PRESIDENT. THE PRESIDENT USES COMPARATIVE DATA AS WELL AS A REVIEW OF PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THOMAS C0LLEGE PROVIDES POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF INTEREST RATE SWAP 453,364. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS COLLEGE FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 WEST RIVER ROAD | AddressLine1Txt |
| City | WATERVILLE | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010539159 | EIN |
| Primary Activities | DORMANT | PrimaryActivitiesTxt |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |