BERWICK ACADEMY TRUSTEES: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BERWICK ACADEMY TRUSTEES (EIN 01-0223755)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-01-15
- IRS object ID
- 201520169349300717
- Schema version
- 2013v4.0
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-01-15T10:29:02-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010448006 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBIN RANDALL & BENNETT | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 445 130 MIDDLE STREET | AddressLine1 |
| City | PORTLAND | City |
| State | ME | State |
| ZIP Code | 041120445 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010223755 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERWICK ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERW | BusinessNameControlTxt |
| Phone | 2073842164 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 ACADEMY STREET | AddressLine1 |
| City | SOUTH BERWICK | City |
| State | ME | State |
| ZIP Code | 03908 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADLEY A CATES | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 2073842164 | PhoneNum |
| Signature | 2014-12-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON C LEBLANC | PreparerPersonNm |
| PTIN | P01212079 | PTIN |
| Phone | 2077721981 | PhoneNum |
| Preparation | 2014-12-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GREGORY J SCHNEIDER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 ACADEMY STREET | AddressLine1 |
| City | SOUTH BERWICK | City |
| State | ME | State |
| ZIP Code | 03908 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,640,398 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | BERWICKACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1791 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE "VIRTUE AND USEFUL KNOWLEDGE AMONG THE RISING GENERATIONS." FOR OVER 200 YEARS, THE ACADEMY HAS PURSUED ITS MISSION THROUGH A CLASSICAL EDUCATION OF THE WHOLE PERSON. WE PREPARE STUDENTS TO PROSPER ACADEMICALLY IN COLLEGE AND TO ENJOY AN ENDURING COMMITMENT TO THE LIFE OF THE MIND. WE TEACH THE CREATIVE PROCESS OF THE ARTS EMPHASIZING PERFORMANCE AND EXHIBITION. WE PROMOTE ATHLETIC AND PHYSICAL DEVELOPMENT WITHIN AN ETHIC OF SPORTSMANSHIP. WE NURTURE STRENGTH OF CHARACTER, INDIVIDUAL RESPONSIBILITY, AND A COMMITMENT TO THE COMMON GOOD. BERWICK STUDENTS, TEACHERS, AND FAMILIES COMPRISE A COMMUNITY OF LEARNERS THAT INSTILLS THE ETHIC OF PERSONAL EXCELLENCE. THE ACADEMY IS ONE SCHOOL WITH THREE DIVISIONS EACH DESIGNED TO BROADEN AND DEEPEN THE FOUNDATIONS OF VIRTUE AND KNOWLEDGE FOR THE CONTINUING DEVELOPMENT OF EACH STUDENT'S POTENTIAL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 228 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,007,926 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,336,071 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,191,543 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $16,335,754 | CYProgramServiceRevenueAmt |
| PY Investment Income | $397,536 | PYInvestmentIncomeAmt |
| CY Investment Income | $400,312 | CYInvestmentIncomeAmt |
| PY Other Revenue | $88,893 | PYOtherRevenueAmt |
| CY Other Revenue | $95,244 | CYOtherRevenueAmt |
| PY Total Revenue | $17,685,898 | PYTotalRevenueAmt |
| CY Total Revenue | $18,167,381 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,136,740 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,498,980 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,694,082 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,278,910 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $482,436 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,447,146 | PYOtherExpensesAmt |
| CY Other Expenses | $5,480,565 | CYOtherExpensesAmt |
| PY Total Expenses | $18,277,968 | PYTotalExpensesAmt |
| CY Total Expenses | $19,258,455 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$592,070 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,091,074 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,996,337 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,522,164 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,357,465 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,507,218 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $31,638,872 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,014,946 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE "VIRTUE AND USEFUL KNOWLEDGE AMONG THE RISING GENERATIONS." FOR OVER 200 YEARS, THE ACADEMY HAS PURSUED ITS MISSION THROUGH A CLASSICAL EDUCATION OF THE WHOLE PERSON. WE PREPARE STUDENTS TO PROSPER ACADEMICALLY IN COLLEGE AND TO ENJOY AN ENDURING COMMITMENT TO THE LIFE OF THE MIND. WE TEACH THE CREATIVE PROCESS OF THE ARTS EMPHASIZING PERFORMANCE AND EXHIBITION. WE PROMOTE ATHLETIC AND PHYSICAL DEVELOPMENT WITHIN AN ETHIC OF SPORTSMANSHIP. WE NURTURE STRENGTH OF CHARACTER, INDIVIDUAL RESPONSIBILITY, AND A COMMITMENT TO THE COMMON GOOD. BERWICK STUDENTS, TEACHERS, AND FAMILIES COMPRISE A COMMUNITY OF LEARNERS THAT INSTILLS THE ETHIC OF PERSONAL EXCELLENCE. THE ACADEMY IS ONE SCHOOL WITH THREE DIVISIONS EACH DESIGNED TO BROADEN AND DEEPEN THE FOUNDATIONS OF VIRTUE AND KNOWLEDGE FOR THE CONTINUING DEVELOPMENT OF EACH STUDENT'S POTENTIAL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $15,293,760 | ExpenseAmt |
| Grant | $3,498,980 | GrantAmt |
| Revenue | $16,415,710 | RevenueAmt |
| Desc | INDEPENDENT COEDUCATIONAL COUNTRY DAY SCHOOL, PRE-K THROUGH POST GRADUATE, SERVING OVER 592 STUDENTS FROM THE SEACOAST AREA OF SOUTHERN MAINE, NEW HAMPSHIRE, AND NORTH SHORE MASSACHUSETTS. | Desc |
| Total Program Service Expenses | $15,293,760 | 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 | 0 | 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 | Yes (1) | 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 | Yes (1) | 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 | 0 | 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 | 68 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 228 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREGORY J SCHNEIDER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2073846102 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31 ACADEMY STREET | AddressLine1 |
| City | SOUTH BERWICK | City |
| State | ME | State |
| ZIP Code | 03908 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHAD KAGELEIRY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH J HETZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HOLLY A MALLOY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES JALBERT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN G WALSH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA GOULEMAS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MALCOLM E SMITH III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J SCHAFER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PHIL CAVANAUGH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT J HOY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN NOERDLINGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMIE JAMES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETT KENDALL JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES LAWSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK SPEARMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE WALKER | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG RAIFF | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAULA REID | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB RICHARD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK C SVENSON | |||||||
| EX-OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEX AUTY | |||||||
| VICE PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ERIC S KATZ | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GREGORY J SCHNEIDER | |||||||
| HEAD OF SCHOOL | 50.00 | Yes (X) | $283,117 | $0 | $39,164 | Yes (X) | |
| LUCAS M MERROW | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MATTHEW R FRIEL | |||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BRADLEY CATES | |||||||
| DIRECTOR OF FINANCE | 40.00 | $80,478 | $0 | $8,862 | Yes (X) | ||
| CINDY BRIGGS | |||||||
| ASSISTANT HEAD OF SCHOOL | 40.00 | $135,707 | $0 | $9,009 | Yes (X) | ||
| SETH HURD | |||||||
| DIRECTOR OF ARTS AND CAMPUS OPERATIONS | 40.00 | $113,206 | $0 | $17,940 | Yes (X) | ||
| SHIELA ESTEN | |||||||
| DIRECTOR OF UPPER SCHOOL | 40.00 | $102,644 | $0 | $14,550 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $715,152 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $89,525 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SAGE DINING SERVICES INC | |||||
| 1402 YORK ROAD STE 100 | LUTHERVILLE | MD | 21093 | DINING SERVICES | $697,656 |
| LEDGEMERE TRANSPORTATION | |||||
| 658 SANFORD ROAD | WELLS | ME | 04090 | STUDENT TRANSPORTATION | $492,661 |
| BSC CLEANING SERVICES | |||||
| 170 JOHN ROBERTS ROAD STE 5 | SOUTH PORTLAND | ME | 04106 | CLEANING SERVICES | $178,836 |
| SADCO SITE DEVELOPMENT CORP | |||||
| 875 GREENLAND ROAD C2 | PORTSMOUTH | NH | 03801 | CONSTRUCTION SERVICES | $139,466 |
| STATELINE LANDSCAPE AND PAVING | |||||
| 123 LAFAYETTE ROAD | HAMPTON FALLS | NH | 03844 | LANDSCAPING SERVICES | $105,257 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,336,071 | AllOtherContributionsAmt |
| Noncash Contributions | $98,206 | NoncashContributionsAmt |
| Total Contributions | $1,336,071 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $15,662,731 | $15,662,731 |
| TRANSPORTATION | 480000 | $288,065 | $288,065 |
| AUXILIARY INSTRUCTION | 611600 | $282,319 | $282,319 |
| AFTERCARE | 624410 | $39,071 | $39,071 |
| SUMMER PROGRAMS | 611600 | $38,145 | $38,145 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,423 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,423 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $16,335,754 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $294,300 | TotalRevenueColumnAmt |
| Exclusion | $294,300 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $26,425 | 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 | $26,425 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,425 | TotalRevenueColumnAmt |
| Exclusion | $26,425 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,552,591 | SecuritiesAmt |
| Other | $11,137 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,457,716 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $94,875 | SecuritiesAmt |
| Other | $11,137 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,012 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,137 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $94,875 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $20,385 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $15,301 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,084 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,084 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SODA/VENDING MACHINES | 900099 | $32,512 | $32,512 |
| STUDENT ACTIVITIES | 611600 | $16,703 | $16,703 |
| YEARBOOK INCOME | 611600 | $14,520 | $14,520 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $63,735 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,167,381 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,415,710 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $415,600 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,498,980 | TotalAmt |
| Program Services | $3,498,980 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $386,721 | TotalAmt |
| Program Services | $193,361 | ProgramServicesAmt |
| Management And General | $65,743 | ManagementAndGeneralAmt |
| Fundraising | $127,617 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,676,685 | TotalAmt |
| Program Services | $5,139,406 | ProgramServicesAmt |
| Management And General | $1,397,901 | ManagementAndGeneralAmt |
| Fundraising | $139,378 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,215,504 | TotalAmt |
| Program Services | $2,344,870 | ProgramServicesAmt |
| Management And General | $772,472 | ManagementAndGeneralAmt |
| Fundraising | $98,162 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,421 | TotalAmt |
| Management And General | $116,421 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,000 | TotalAmt |
| Management And General | $23,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,054 | TotalAmt |
| Management And General | $17,054 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,506,298 | TotalAmt |
| Program Services | $1,480,025 | ProgramServicesAmt |
| Management And General | $17,261 | ManagementAndGeneralAmt |
| Fundraising | $9,012 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,339 | TotalAmt |
| Program Services | $3,448 | ProgramServicesAmt |
| Management And General | $4,891 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,125 | TotalAmt |
| Management And General | $20,125 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,400 | TotalAmt |
| Management And General | $91,400 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,832 | TotalAmt |
| Program Services | $454,127 | ProgramServicesAmt |
| Management And General | $26,705 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,835 | TotalAmt |
| Program Services | $72,109 | ProgramServicesAmt |
| Management And General | $14,891 | ManagementAndGeneralAmt |
| Fundraising | $5,835 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,857 | TotalAmt |
| Management And General | $202,857 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $914,997 | TotalAmt |
| Program Services | $891,369 | ProgramServicesAmt |
| Management And General | $23,628 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,760 | TotalAmt |
| Management And General | $128,760 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES/BOOKS/MAINTENA | $1,046,294 | $806,639 | $182,091 | $57,564 |
| DEPARTMENT/ATHLETICS | $409,426 | $409,426 | ||
| EQUIPMENT | $260,234 | $260,234 | ||
| MISCELLANEOUS | $161,693 | $116,825 | $44,868 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,258,455 | TotalAmt |
| Program Services | $15,293,760 | ProgramServicesAmt |
| Management And General | $3,482,259 | ManagementAndGeneralAmt |
| Fundraising | $482,436 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,566 | BOYAmt |
| EOY | $112,627 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,773,538 | BOYAmt |
| EOY | $2,483,354 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,476,893 | BOYAmt |
| EOY | $2,295,692 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,575 | BOYAmt |
| EOY | $233,491 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,429 | BOYAmt |
| EOY | $33,478 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,238 | BOYAmt |
| EOY | $317,743 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $33,102,655 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,240,835 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,502,204 | BOYAmt |
| EOY | $18,861,820 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,737,607 | BOYAmt |
| EOY | $16,481,344 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $673,287 | BOYAmt |
| EOY | $702,615 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,996,337 | BOYAmt |
| EOY | $41,522,164 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,176,010 | BOYAmt |
| EOY | $1,215,272 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,235,000 | BOYAmt |
| EOY | $7,235,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,551 | BOYAmt |
| EOY | $5,691 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,904 | BOYAmt |
| EOY | $1,051,255 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,357,465 | BOYAmt |
| EOY | $9,507,218 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,906,158 | BOYAmt |
| EOY | $17,380,304 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,946,322 | BOYAmt |
| EOY | $3,662,539 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,786,392 | BOYAmt |
| EOY | $10,972,103 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,638,872 | BOYAmt |
| EOY | $32,014,946 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,996,337 | BOYAmt |
| EOY | $41,522,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,091,074 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,467,148 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | 0 | FederalGrantAuditRequiredInd |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,089,413 | BeginningYearBalanceAmt |
| Contributions | $997,629 | ContributionsAmt |
| Investment Earnings Or Losses | $1,759,604 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$958,983 | OtherExpendituresAmt |
| End Year Balance | $18,887,663 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,584,902 | BeginningYearBalanceAmt |
| Contributions | $338,503 | ContributionsAmt |
| Investment Earnings Or Losses | $455,304 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$289,296 | OtherExpendituresAmt |
| End Year Balance | $17,089,413 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,452,799 | BeginningYearBalanceAmt |
| Contributions | $58,847 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,128 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $900,616 | OtherExpendituresAmt |
| End Year Balance | $16,584,902 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,601,716 | BeginningYearBalanceAmt |
| Contributions | $59,747 | ContributionsAmt |
| Investment Earnings Or Losses | -$12,726 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,116,055 | OtherExpendituresAmt |
| End Year Balance | $16,532,682 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,275,969 | BeginningYearBalanceAmt |
| Contributions | $1,054,335 | ContributionsAmt |
| Investment Earnings Or Losses | $2,271,412 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $19,601,716 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.37500 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.04820 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.57680 | 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 | $336,830 | OtherCostOrOtherBasisAmt |
| Book Value | $336,830 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,120,942 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,847,760 | DepreciationAmt |
| Book Value | $18,273,182 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,564,227 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,423,544 | DepreciationAmt |
| Book Value | $140,683 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,080,656 | OtherCostOrOtherBasisAmt |
| Depreciation | $969,531 | DepreciationAmt |
| Book Value | $111,125 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,861,820 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCE TUITION & DEPOSITS | Desc |
| Amt | $1,051,255 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,051,255 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $16,133,796 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,467,148 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $15,301 | OtherRevenueAmt |
| Revenue Not Reported | $1,482,449 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,651,347 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $17,054 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $3,498,980 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,516,034 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $18,167,381 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,757,722 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $15,301 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $15,301 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,742,421 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $17,054 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,498,980 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,516,034 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,258,455 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE PURPOSE OF THIS FUND IS TO GENERATE INCOME TO BE USED TO PROVIDE ANNUAL SCHOLARSHIPS, AWARDS, AND PRIZES TO STUDENTS OF THE ACADEMY AS WELL AS TO PROVIDE SUPPORT FOR GENERAL OPERATIONS OF THE ACADEMY. |
| PART X, LINE 2: | U.S. GAAP PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ACADEMY HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE ACADEMY RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ACADEMY DOES NOT BELIEVE IT HAS TAKEN A POSITION ON ITS TAX RETURNS WHICH WOULD REQUIRE THE RECOGNITION OF A TAX BENEFIT AND, ACCORDINGLY, NO ADJUSTMENT TO THE FINANCIAL STATEMENTS HAS BEEN MADE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INVENTORY COST OF GOODS SOLD 15,301. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND FINANCIAL AID 3,498,980. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | INVENTORY COST OF GOODS SOLD 15,301. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND FINANCIAL AID 3,498,980. |
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 | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL'S RACIAL NONDISCRIMINATION POLICY IS PUBLISHED IN ITS CATALOGS AND BROCHURES. | ExplanationTxt |
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 | FINANCIAL AID | GrantTypeTxt |
| Recipient | 257 | RecipientCnt |
| Cash Grant | $3,498,980 | CashGrantAmt |
| Non Cash Assistance | FINANCIAL ASSISTANCE TO STUDENTS IN THE FORM OF TUITION REDUCTION. | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGORY J SCHNEIDER | PersonNm |
| Title | HEAD OF SCHOOL | TitleTxt |
| Base Compensation Filing Org | $275,250 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $7,867 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $15,139 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $24,025 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $322,281 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING IS PROVIDED TO SOME TEACHING STAFF AND TO THE HEAD OF SCHOOL ON THE BUSINESS PREMISES FOR THE CONVENIENCE OF THE ACADEMY. IT IS SPECIFIED IN THE EMPLOYMENT CONTRACT AND PURSUANT TO EMPLOYMENT. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCE AUTHORITY OF MAINE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 010392006 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2013-03-13 | BondIssuedDt |
| Issue Price | $7,235,000 | IssuePriceAmt |
| Purpose | REFINANCE 2011 TOWN OF SOUTH BERWICK BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $7,235,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $112,859 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $7,122,141 | OtherSpentProceedsAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | Yes (1) | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES JALBERT | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $7,319 | TransactionAmt |
| Transaction | BUS SERVICE | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH L, PART IV | FormAndLineReferenceDesc |
| Explanation | (A) NAME OF PERSON: JAMES JALBERT (C&J TRAILWAYS)(B) RELATIONSHIP BETWEEN INTERESTED PERSON ORGANIZATION: TRUSTEE(C) AMOUNT OF TRANSACTION: $7,319(D) DESCRIPTION OF TRANSACTION: BUS SERVICES FOR STUDENTS(E) SHARING OF ORGANIZATION REVENUES = NO | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $98,206 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | 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 | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | BERWICK ACADEMY USES PEOPLE'S WEALTH MANAGEMENT TO PROCESS AND SELL STOCK GIFTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BUSINESS MANAGER PREPARES RAW MATERIALS FOR THE INDEPENDENT ACCOUNTING FIRM FOLLOWING THE ANNUAL AUDIT FIELDWORK. AFTER PREPARATION OF THE 990, THE INDEPENDENT ACCOUNTING FIRM PROVIDES A COPY TO THE BUSINESS MANAGER. THE BUSINESS MANAGER THEN PROVIDES THE AUDIT COMMITTEE WITH A DRAFT COPY OF THE 990 TO REVIEW INDIVIDUALLY PRIOR TO VOTE. THE AUDIT COMMITTEE VOTES TO APPROVE THE FORM 990 AS DRAFTED ON BEHALF OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE REPORTS TO BOTH THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 12C | NEW BOARD MEMBERS ARE EDUCATED BY THE COMMITTEE THROUGH THE ORIENTATION PROCESS. ANNUALLY THE BOARD MEMBER DISCLOSURE AND POLICY IS REVIEWED AND SIGNED BY EACH MEMBER AT THE FIRST BOARD MEETING. THE COMMITTEE ON TRUSTEES IS MADE AWARE OF ANY ISSUES. MANAGEMENT MONITORS ANY DISCLOSURES AND KEEPS A WATCH OUT FOR ANY CONFLICTS OF INTEREST. AT THIS TIME, NO CONFLICTS OF INTEREST HAVE BEEN SELF-IDENTIFIED NOR IDENTIFIED BY THE COMMITTEE ON TRUSTEES OR MANAGEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES HAS AN AD HOC COMPENSATION COMMITTEE WHICH REVIEWS AND RESEARCHES THE HEAD OF SCHOOL'S COMPENSATION ON AN ONGOING BASIS. THE HEAD OF SCHOOL, AND THE BUSINESS MANAGER REVIEW AND RESEARCH MANAGEMENT COMPENSATION. THE HEAD OF SCHOOL AND THE BUSINESS MANAGER PARTICIPATE IN A VARIETY OF BENCHMARKING ORGANIZATION AND REVIEW COMPENSATION ON AN ONGOING BASIS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ANNUAL DISCLOSURES AND FINANCIAL STATEMENTS ARE PROVIDED ANNUALLY TO THE RATING DISSEMINATION AGENT. PUBLIC INSPECTION COPIES OF THE 990, THE FINANCIAL STATEMENTS, DISCLOSURE STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE IN THE BUSINESS MANAGER'S OFFICE FROM 8:00AM TO 4:30PM, MONDAY THROUGH FRIDAY BY APPOINTMENT. |
| FORM 990, PART XII, LINE 2C: | AUDIT PROCESS OVERSIGHT: THE PROCESS HAS NOT CHANGED. |