2017-01-20T06:58:20-06:00 2016-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 PINE HILL DRIVE SUITE 301 QUINCY MA 021697431 990 2015-07-01 042137227 DERBY ACADEMY TRUSTEES DERB 7817490746 56 BURDITT AVENUE HINGHAM MA 02043 HUGH KELLY TREASURER 7817490746 2017-01-09 1 KEVIN T WHITE P00097855 7819821001 2017-01-09 2015 2021-01-29 14:40:06Z JOSEPH PERRY 56 BURDITT AVENUE HINGHAM MA 02043 13002699 0 X WWW.DERBYACADEMY.ORG X 1784 MA EDUCATION PROGRAMS AND DAY SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE 8. 17 16 183 300 0 0 604368 787901 9983712 10361906 763584 749019 189639 153989 11541303 12052815 1098485 1027766 0 0 6528754 6536470 0 0 415873 3004464 3305661 10631703 10869897 909600 1182918 25160554 25125645 5502473 5254849 19658081 19870796 EDUCATION PROGRAMS AND DAY SCHOOL FOR PRE-KINDERGARTEN THROUGH GRADE 8. 0 0 7627122 989868 9917795 INSTRUCTION AND STUDENT ACTIVITIES FOR APPROXIMATELY 335 STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE 8. ACHIEVEMENTS INCLUDE ACADEMIC ADVANCEMENT TO THE NEXT GRADE LEVEL FOR ALL STUDENTS, SOCIAL DEVELOPMENT THROUGH CLASSROOM ACTIVITIES, TEAM SPORTS, PERFORMING ARTS, FAMILY STYLE LUNCHES, AND DEVELOPMENT OF THE INTELLECTUAL CURIOSITY OF EACH STUDENT USING THEIR LEARNING STYLE TO GUIDE THE PROCESS. 256231 37898 559130 SUMMER PROGRAMS FOR ARTS, EDUCATION AND ACTIVITIES SERVING APPROXIMATELY 325 STUDENTS. ACHIEVEMENTS INCLUDE DEVELOPMENT OF STUDENT ABILITIES IN PERFORMING ARTS, CREATIVE CRAFT, ATHLETICS, SCIENTIFIC EXPLORATION AND OUTDOOR ACTIVITIES. 7883353 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 5 0 1 183 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X X PHILIP CANTILLON 7817490746 56 BURDITT AVENUE HINGHAM MA 020431846 SUSAN BLAIR TRUSTEE 1.00 X 0 0 0 LORI CASHMAN TRUSTEE 1.00 X 0 0 0 MARK CLAYTON TRUSTEE 1.00 X 0 0 0 CAROLINE CURTIS HAYES TRUSTEE 1.00 X 0 0 0 EDWARD MAHER TRUSTEE 1.00 X 0 0 0 METRI METRI TRUSTEE 1.00 X 0 0 0 MARIA MARTIGNETTI MURPHY TRUSTEE 1.00 X 0 0 0 JENNIFER LOWE NEWELL TRUSTEE 1.00 X 0 0 0 CHRISTIE O'CONNOR TRUSTEE 1.00 X 0 0 0 JAY SADLON TRUSTEE 1.00 X 0 0 0 PAUL SCANLON TRUSTEE 1.00 X 0 0 0 LEIGH SCHWARTZ TRUSTEE 1.00 X 0 0 0 KATHERINE SHERBROOKE TRUSTEE 1.00 X 0 0 0 MARK JONES TRUSTEE 5.00 X X 0 0 0 MAUREEN PACE TRUSTEE/ PRESIDENT 5.00 X X 0 0 0 HUGH KELLY TRUSTEE/TREASURER 3.00 X X 0 0 0 KATHLEEN GARVEY TRUSTEE/SECRETARY 3.00 X X 0 0 0 JOSEPH PERRY HEAD OF SCHOOL 45.00 X 105000 0 7479 PHILIP CANTILLON CHIEF FINANCIAL OFFICER 40.00 X 147000 0 0 JOHN HOUGHTON ASSOCIATE HEAD OF SCHOOL 45.00 X 183517 0 31503 435517 0 38982 3 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 329891 JOSEPH INGLE CO 577 CIRCUIT STREET HANOVER MA 02339 BUSSING 153271 PROSPECT BUILDING SERVICES 360 PEARL STREET MALDEN MA 02148 CLEANING SERVICES 149560 BRAMBLE HILL ASSOCIATES 794 JERUSALEM ROAD COHASSET MA 02025 FINANCIAL MANAGEMENT 147000 HINGHAM LIGHT 31 BARE COVE PARK DRIVE HINGHAM MA 02043 ELECTRIC SERVICES 115333 5 13855 774046 53830 787901 TUITION AND FEES 611110 10091768 10091768 STUDENT SUPPORT SERVICES 611110 270138 270138 10361906 218462 218462 1446811 916254 530557 530557 530557 72600 13855 33630 38970 38970 MISCELLANEOUS REVENUE 900099 115019 115019 115019 12052815 10476925 0 787989 1027766 1027766 441442 441442 4834032 3958408 732566 143058 264686 229163 28556 6967 625513 470233 133963 21317 370797 278991 81072 10734 32941 32941 9173 9173 70485 70485 343434 343434 63000 26117 36883 134690 18395 63834 52461 83385 83385 609869 426421 157590 25858 31647 29326 2321 65134 45133 17806 2195 61425 42948 15873 2604 492527 344375 127269 20883 69963 69963 PROGRAM SUPPLIES 954630 835741 72414 46475 OUTSIDE SERVICES 103964 75472 28492 MISCELLANEOUS EXPENSES 91081 36088 54993 DUES AND SUBSCRIPTIONS 60779 16662 44117 27534 10834 16700 10869897 7883353 2570671 415873 81717 86291 2639687 3193614 14084 24214 54660 92800 302426 266988 18694710 7241818 11628518 11452892 10439462 10008846 25160554 25125645 620173 586635 3105830 3062864 1776470 1605350 5502473 5254849 X 14128715 14652262 3606620 3232469 1922746 1986065 19658081 19870796 25160554 25125645 1182918 -970203 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10439462 63319 -293935 200000 10008846 10938592 9335 -195994 312471 10439462 9443078 6990 1495938 7414 10938592 8737936 7220 911951 214029 9443078 8760149 7360 -22540 7033 8737936 0.47860 0.19840 0.32300 0 0 84850 84850 17064566 6123272 10941294 778107 576027 202080 767187 542519 224668 11452892 10017991 -970203 33630 -936573 10954564 70485 1027766 1098251 12052815 9805276 33630 33630 9771646 70485 1027766 1098251 10869897 PART V, LINE 4: THE ENDOWMENT FUND IS USED TO SUPPORT OPERATIONS, INCLUDING FACILITY COSTS AND FINANCIAL AID. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS NETTED WITH REVENUE 33,630. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,027,766. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS NETTED WITH REVENUE 33,630. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,027,766. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 IN ALL BROCHURES, HANDBOOK AND PUBLICATIONS USED BY THE SCHOOL, THE STATEMENT IS INCLUDED. ALSO, AN ANNUAL STATEMENT APPEARS IN THE BOSTON GLOBE NEWSPAPER SPONSORED BY THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. GOLF TOURNAMENT 67880 6080 61800 32170 100 977 AUCTION 18575 7775 10800 383 86455 13855 72600 32170 100 1360 33630 38970 1 FINANCIAL AID FOR ATTENDING STUDENTS 45 1027766 PART I, QUESTION 2 FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED DETERMINED BY THE NAIS GUIDELINES AND ARE SET BY THE HEAD OF SCHOOL, CFO, AND HEAD OF ADMISSIONS. THE FINANCIAL AID BUDGET IS THEN FORMALLY SET BY THE FINANCE COMMITTEE WITH APPROVAL BY THE BOARD ON A YEARLY BASIS. X X X X X 0 0 0 0 0 0 0 0 0 JOHN HOUGHTON ASSOCIATE HEAD OF SCHOOL 183517 0 0 0 0 0 14681 0 16822 0 215020 0 0 0 BRAMBLE HILL ASSOCIATES COMPANY OWNED BY CFO TO THE ORGANIZATION 147000 MR. CANTILLON HAS BEEN CONTRACTED TO PROVIDE FINANCIAL MANAGEMENT/ CFO SERVICES TO THE ORGANIZATION THROUGH HIS COMPANY. 0 X 7 53830 FMV AT DONATION 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF DONORS WHO DONATED STOCK. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES FOR ITS FINANCIAL OPERATIONS TO BRAMBLE HILL ASSOCIATES. PHILIP CANTILLON, OWNER OF BRAMBLE HILL ASSOCIATES, IS THE CFO FOR DERBY ACADEMY. PHILIP RECEIVED $147,000 FOR HIS SERVICES RELATING TO DERBY ACADEMY. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE WHO THEN PRESENTS THE FORM 990 TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. EACH TRUSTEE RECEIVES A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH EACH NEW TRUSTEE BEFORE THEY ARE ELECTED. ON AN ANNUAL BASIS, EACH TRUSTEE IS REQUIRED TO COMPLETE AND SIGN A STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST AS REQUIRED BY THE POLICY. ANY CONFLICTS DISCLOSED ARE REPORTED TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS COMPARABLE DATA AND APPROVES COMPENSATION FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL'S PERFORMANCE IS REVIEWED ANNUALLY BY A SUBCOMMITTEE OF THE BOARD. THIS PROCESS WAS LAST FOLLOWED IN 2016. THE HEAD OF SCHOOL'S COMPENSATION IS DOCUMENTED IN AN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.