2016-11-08T08:20:19-06:00 2016-06-30 061009205 BLUM SHAPIRO & COMPANY PC 1 PINE HILL DRIVE SUITE 301 QUINCY MA 021697431 990 2015-07-01 042108347 BELMONT DAY SCHOOL INC BELM 6174843078 55 DAY SCHOOL LANE BELMONT MA 02478 BRENDAN LARGAY HEAD OF SCHOOL 6174843078 2016-11-01 1 MICHELLE Y HATCH P01222458 7819821001 2016-11-01 2015 2017-02-10 21:41:12Z BRENDAN LARGAY 55 DAY SCHOOL LANE BELMONT MA 02478 12696858 0 X BELMONTDAY.ORG X 1927 MA SCHEDULE O 26 23 231 75 0 0 2370499 1740684 10089779 10443191 187283 238457 -34354 52485 12613207 12474817 1158043 1189542 0 0 6566156 7083411 0 0 438668 3005701 3251530 10729900 11524483 1883307 950334 35836357 36024525 14353146 14195934 21483211 21828591 X SEE SCHEDULE O 0 0 8352971 1094912 8725335 WINTER SESSION - THE SCHOOL EDUCATES APPROXIMATELY 272 CHILDREN FROM PRE-KINDERGARTEN THROUGH THE EIGHTH GRADE. ITS CURRICULUM INCLUDES READING, WRITING, MATHEMATICS, SCIENCE, ART, MUSIC, FRENCH, SPANISH, AND PHYSICAL EDUCATION. 827960 12786 1316350 SUMMER SESSION - THE SCHOOL OPERATES A SUMMER SESSION AND SWIM AND TENNIS CLUB DURING THE VARIOUS WEEKS OF THE SUMMER. APPROXIMATELY 648 CHILDREN ATTEND SUMMER SESSION. 398621 81844 453991 THE EXTERNAL PROGRAMS PROVIDE APPROXIMATELY 171 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 100 CHILDREN ATTENDED MULTIPLE CAMPS DURING TWO VACATION WEEKS. 9579552 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 73 0 1 231 1 0 0 0 0 0 0 0 0 0 0 X 26 23 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X LUCILLE KOOYOOMJIAN 6174843078 BELMONT DAY SCHOOL 55 DAY SCHOOL BELMONT MA 02478 DANYUL CHO TRUSTEE 1.00 X 0 0 0 AUDRA DAINORA TRUSTEE 1.00 X 0 0 0 MARK DOLNY TRUSTEE 1.00 X 0 0 0 RUTH GASS 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 MATTHEW KADNAR TRUSTEE 1.00 X 0 0 0 MARGARET RAMSEY MCCLUSKEY 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 AMY SPRUNG TRUSTEE/LIBRARIAN 40.00 X 63920 0 10656 JEFFREY TAYLOR TRUSTEE 1.00 X 0 0 0 RICHARD THOMPSON TRUSTEE 1.00 X 0 0 0 MARGARET WADE TRUSTEE 1.00 X 0 0 0 JILL FINNERTY 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 CATALINA GUILLERMETY TRUSTEE 1.00 X 0 0 0 LARISSA ROCHFORD TEACHER/TRUSTEE 40.00 X 69712 0 14510 KAREN LIESCHING PRESIDENT/TRUSTEE 1.00 X X 0 0 0 BRIT DEWEY VICE PRESIDENT/TRUSTEE 1.00 X X 0 0 0 CHARLES FOLEY TREASURER/TRUSTEE 1.00 X X 0 0 0 KRISTEN LEWIS CLERK/TRUSTEE 1.00 X X 0 0 0 ANNETTE RAPHEL TRUSTEE/HEAD OF SCHOOL 40.00 X X 326263 0 14597 LUCILLE R KOOYOOMJIAN DIRECTOR OF FINANCE AND OP 40.00 X 159068 0 19152 DOROTHY RYAN DIRECTOR OF TECHNOLOGY 40.00 X 100405 0 12196 DEBORAH BRISSENDEN ASSISTANT HEAD OF SCHOOL 40.00 X 116661 0 7884 836029 0 78995 4 0 1 0 MARC TRUANT & ASSOCIATES 32 WARREN STREET CAMBRIDGE MA 02141 CONSTRUCTION & RENOVATION 487820 UTILE INC 115 KINGSTON STREET BOSTON MA 02111 ARCHITECT 129797 SYSCO BOSTON LLC 99 SPRING STREET PLYMPTON MA 02367 FOOD SERVICE 109040 3 1740684 32481 1740684 TUITION & FEES-WINTER 611600 8637270 8637270 TUITION & FEES-SUMMER 611600 1316350 1316350 TUITION & FEES-EXT. PROG. 611600 453991 453991 TUITION & FEES-OTHER PRG. 611600 35580 35580 10443191 325252 325252 135246 137834 84207 -2588 -84207 -86795 -86795 MISCELLANEOUS 611600 52485 52485 52485 12474817 10495676 0 238457 1189542 1189542 716150 172256 507958 35936 5205922 4511704 466964 227254 228924 194682 27794 6448 512707 482964 22561 7182 419708 341344 58808 19556 34481 34481 33860 33860 610 610 231031 227114 3917 76473 18616 49430 8427 546369 472047 45223 29099 108954 102476 6478 464394 461537 2252 605 71505 71505 283010 281145 1471 394 758489 753490 3942 1057 116385 2203 114182 FOOD & KITCHEN 180337 180337 0 0 MISCELLANEOUS 106322 45410 60912 0 CAPITAL CAMPAIGN EXPENS 96232 96232 PRINTING & PUBLICATIONS 93633 21735 71898 0 49445 49445 11524483 9579552 1506263 438668 609959 1371405 4412611 4218375 1650666 1633053 7673 15115 284512 242260 24761073 9971186 14902619 14789887 12303571 12256970 1562796 1401949 101950 95511 35836357 36024525 1146728 1142164 3907340 4215372 9299078 8838398 14353146 14195934 X 14120147 14368503 3562227 3657055 3800837 3803033 21483211 21828591 35836357 36024525 X 950334 -646287 41333 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 0.00 0 1 13866367 593060 -402736 572170 13484521 13789689 559737 34619 517678 13866367 13340068 468949 1929657 1948985 13789689 12210495 171516 1470274 512217 13340068 12693980 534508 -540958 477035 12210495 0.64680 0.27910 0.07410 0 0 1117580 1117580 19311503 7557849 11753654 2706136 1690196 1015940 1625854 723141 902713 14789887 10583479 -646287 -1244441 -1890728 12474207 610 610 12474817 10238099 0 10238099 610 1285774 1286384 11524483 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 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,189,542. CHANGE IN SPLIT INTEREST AGREEMENT 41,333. CAPITAL CAMPAIGN EXPENSES -96,232. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,189,542. CAPITAL CAMPAIGN EXPENSES 96,232. 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 1189542 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 X 0 1 0 0 0 0 0 0 0 ANNETTE RAPHEL TRUSTEE/HEAD OF SCHOOL 321463 0 0 0 4800 0 13157 0 1440 0 340860 0 0 0 LUCILLE R KOOYOOMJIAN DIRECTOR OF FINANCE AND OP 159068 0 0 0 0 0 8324 0 10828 0 178220 0 0 0 PART I, LINE 4B IN DECEMBER 2012, THE BELMONT DAY SCHOOL ADOPTED A 457(B) NON-QUALIFIED DEFERRED COMPENSATION PLAN. PARTICIPANTS INCLUDE LUCILLE KOOYOOMIJIAN, THE DIRECTOR OF FINANCE AND OPERATIONS, ANNETTE RAPHEL, THE HEAD OF THE SCHOOL AND DEBORAH BRISSENDEN, ASSISTANT HEAD OF SCHOOL. BELMONT DAY SCHOOL DID NOT MAKE ANY CONTRIBUTIONS TO THE PLAN FOR FISCAL YEAR 2016. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043438140 2011-05-03 11000000 TO PAY OFF 2001 BONDS AND VARIOUS SCHOOL PROJECTS, INCLUDING AN HVAC SYSTEM. 0 0 0 A 2161602 11000000 103820 1665633 9230547 2014 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: 05/31/2016 DISCLOSURE NOT REQUIRED SEE PART V 32825 NEED BASED ASSIST. SEE PART V FINANCIAL AID PART III COLUMN B ON OCCASION, THE SCHOOL HAS OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES OR SUBSTANTIAL CONTRIBUTORS WHO ARE AWARDED A GRANT OR OTHER ASSISTANCE (FINANCIAL AID). THESE INDIVIDUALS ARE REQUIRED TO FOLLOW THE SAME PROCEDURES AS ALL OTHER FAMILIES AT THE SCHOOL WHEN APPLYING FOR A GRANT OR OTHER ASSISTANCE (SEE THE PROCESS STATEMENT ON SCHEDULE I, PART IV). PART III COLUMN C AMOUNT OF GRANTS BENEFITING INTERESTED PERSONS REPRESENTS 3% OF TOTAL GRANTED AWARDED FOR THE YEAR. X 426 FMV AT DONATION X 3 24271 FMV AT DONATION X FOOD ITEMS FOR EVENTS 4 4549 FMV AT DONATION X INSTRUCTIONAL MATERIALS 4 2591 FMV AT DONATION X DECORATIONS FOR CAPITAL CAMPAIGN 1 644 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 11 THE FORM 990 AND ALL REQUIRED SCHEDULES WERE REVIEWED COMPLETELY BY THE AUDIT COMMITTEE OF THE BOARD, THE DIRECTOR OF FINANCE AND OPERATIONS, AND THE HEAD OF SCHOOL PRIOR TO ITS FILING. THE FINAL FORM 990 WAS FILED IN THE OFFICE OF THE DIRECTOR OF FINANCE AND OPERATIONS 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 AND OPERATIONS 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 AND DIRECTOR OF FINANCE AND OPERATIONS, 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 BOTH THE HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE AND OPERATIONS FOR FISCAL 2016. 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 AND OPERATIONS. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENT 41,333.