2014-11-06T15:48:30-06:00 2014-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2013-07-01 042103869 THE BEAVER COUNTRY DAY SCHOOL INC BEAV 6177382700 791 HAMMOND STREET CHESTNUT HILL MA 024672317 PETER HUTTON HEAD OF SCHOOL 6177382701 2014-10-29 1 THOMAS F MULDOON CPA P01561688 5083669100 2014-10-29 2013 2015-11-30 17:44:51Z PETER HUTTON 791 HAMMOND STREET CHESTNUT HILL MA 02467 26261241 0 X WWW.BCDSCHOOL.ORG X 1920 MA BEAVER COUNTRY DAY SCHOOL (BCDS) IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL SERVING OVER 400 STUDENTS IN GRADES 6-12. THE SCHOOL'S CURRICULUM STRESSES REAL-WORLD PROBLEM SOLVING, COLLABORATION, FLEXIBILITY, AND CREATIVITY. ATHLETICS AND THE ARTS, BOTH VISUAL AND PERFORMING, ARE ALSO KEY PARTS OF THE SCHOOL'S PROGRAM. 21 18 411 20 0 0 2467004 3424169 20716727 21696651 23478 329709 0 0 23207209 25450529 3614926 3798774 0 0 11602881 12008149 0 0 801726 7058004 7074627 22275811 22881550 931398 2568979 43579008 48270689 24396596 25457596 19182412 22813093 X BEAVER COUNTRY DAY SCHOOL(BCDS) IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL SERVING OVER 400 STUDENTS IN GRADES 6-12. THE SCHOOL'S CURRICULUM STRESSES REAL-WORLD PROBLEM SOLVING, COLLABORATION, FLEXIBILITY, AND CREATIVITY. ATHLETICS AND THE ARTS, BOTH VISUAL AND PERFORMING, ARE ALSO KEY PARTS OF THE SCHOOL'S PROGRAM. 0 0 15006079 3584230 18440703 INSTRUCTION PROGRAM - PROVIDES AN ACADEMICALLY CHALLENGING CURRICULUM TO OVER 400 STUDENTS IN GRADES 6-12. STUDENTS COME FROM NUMEROUS COMMUNITIES IN EASTERN MASS., AND FROM A WIDE RANGE OF SOCIAL AND ECONOMIC BACKGROUNDS. 2586552 214544 3255948 SUMMER PROGRAM - PROVIDES EDUCATIONAL AND ATHLETIC INSTRUCTION DURING THE SUMMER TO OVER 1000 CHILDREN, RANGING IN AGE FROM 3 TO 14. 17592631 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 124 0 1 411 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X TIMOTHY PARSON 6177382744 791 HAMMOND STREET CHESTNUT HILL MA 02467 PETER HUTTON HEAD OF SCHOOL 45.00 X X 384293 0 98762 WILLIAM R O'REILLY JR PRESIDENT 1.00 X X 0 0 0 TARA PAULAUSKAS FACULTY REPRESENTATIVE 45.00 X 81152 0 12839 SONJA R SPEARS CLERK 1.00 X X 0 0 0 ALEX GOULD FACULTY REPRESENTATIVE 45.00 X 75275 0 5074 DAVID FUBINI VICE PRESIDENT 1.00 X X 0 0 0 DAVID SCHECHTER MEMBER 1.00 X 0 0 0 MICHAEL CARMEN TREASURER 1.00 X X 0 0 0 CHRISTOPHER LOGAN MEMBER 1.00 X 0 0 0 JENNIFER CHAFKIN MEMBER 1.00 X 0 0 0 MARY LOEKEN MEMBER 1.00 X 0 0 0 BETH TERRANA VICE PRESIDENT 1.00 X X 0 0 0 RANDI CUTLER MEMBER 1.00 X 0 0 0 JOSH KRAFT MEMBER 1.00 X 0 0 0 STEVEN KAITZ MEMBER 1.00 X 0 0 0 TRACY SIMKO PARENT REPRESENTATIVE 1.00 X 0 0 0 DEBORAH MILLS PARENT REPRESENTATIVE 1.00 X 0 0 0 NANCY KACUPAJ STUDENT REPRESENTATIVE 1.00 X 0 0 0 THILO HENKES MEMBER 1.00 X 0 0 0 BILL KREMER MEMBER 1.00 X 0 0 0 MARGA BILLER MEMBER 1.00 X 0 0 0 CHRIS DEDE MEMBER 1.00 X 0 0 0 PETER SAPERSTONE MEMBER 1.00 X 0 0 0 ANDREW OFFIT MEMBER 1.00 X 0 0 0 TIMOTHY PARSON DIRECTOR OF FINANCE 45.00 X 224261 0 31877 NANCY CARUSO ASST HEAD OF SCHOOL 45.00 X 183121 0 15760 NATHANIEL SALTONSTALL DIR. OF SUMMER PROG. 45.00 X 143938 0 25912 AMY WHEELER UPPER SCHOOL DIRECTOR 45.00 X 133653 0 22785 LISA TRASK DIRECTOR OF MARKETING 45.00 X 139691 0 14438 1365384 0 227447 21 0 1 0 SAGE DINING SERVICES INC 1402 YORK RD SUITE 100 LUTHERVILLE MD 21093 FOOD SERVICES 780377 CAFCO 77 CHARLES STREET SOUTH BOSTON MA 02116 CONSTRUCTION 403157 PROSPECT BUILDING SERVICE CORP 360 PEARL STREET MAIDEN MA 02148 CLEANING SERVICES 320537 NUVU 450 MASS AVE CAMBRIDGE MA 02139 EDUCATIONAL PROGRAMS 251265 JOHN HENRY ROOFING 62 HICHBORN ST BRIGHTON MA 02135 CONSTRUCTION 151406 8 3424169 3424169 TUITION & FEES 611710 18360263 18360263 SUMMER PROGRAM FEES 611710 3255948 3255948 AUXILIARY ACTIVITIES 611710 80440 80440 21696651 300836 300836 839585 810712 28873 28873 28873 25450529 21696651 0 329709 3798774 3798774 720640 112691 382568 225381 9349888 6741361 2235571 372956 463427 338612 113170 11645 865200 590353 226393 48454 608994 406346 165761 36887 49661 49661 33500 33500 556083 109806 239482 206795 155951 29579 100831 25541 1064658 701672 204983 158003 440506 440506 261455 206638 38752 16065 496285 496285 1412507 1412507 72393 72393 FOOD SERVICE 810486 768950 8021 33515 REPAIRS AND MAINTENANCE 620086 40875 579211 MISCELLANEOUS 462966 327759 47143 88064 OFF CAMPUS PROGRAMS 413866 413866 224224 3005349 -2359545 -421580 22881550 17592631 4487193 801726 7416942 8533088 248121 249774 397923 1060851 109832 49434 870606 636571 39472526 13356936 23715987 26115590 10644339 11501809 175258 123572 43579008 48270689 297325 463629 8899689 10061358 15199582 14932609 24396596 25457596 X 15787167 19056617 2036985 2370132 1358260 1386344 19182412 22813093 43579008 48270689 2568979 1061702 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10737747 28084 1389585 507450 11647966 10019852 12445 1239253 533803 10737747 10615317 13574 -144547 464492 10019852 9540024 13354 1507573 445634 10615317 8830172 31234 1177381 498763 9540024 0.73000 0.12000 0.15000 0 0 181047 181047 32606445 10232343 22374102 3705283 989238 2716045 2798444 1976205 822239 181307 159150 22157 26115590 EQUITY MUTUAL FUNDS 5631495 F FIXED INCOME MUTUAL FUNDS 2412836 F MULTI-STRATEGY HEDGE FUND 3457478 F 11501809 X 26512231 1061702 1061702 25450529 0 25450529 22881550 0 22881550 0 22881550 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2014. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. PART V, LINE 4 PART V, LINE 4 EARNINGS FROM PERMANENTLY RESTRICTED ASSETS MAY BE USED FOR OPERATIONS, BUT THE PRINCIPAL MAY NOT BE SPENT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 EVERY DECEMBER THE ORGANIZATION PUBLISHES A JOINT ADVERTISEMENT WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 CAYMAN ISLANDS - BASED HEDGE FUND INVESTMENT 3457478 0 0 0 0 0 0 3457478 0 3457478 0 0 1 1 0 0 SCHEDULE F, PART IV, LINE 3 THE SCHOOL IS NOT REQUIRED TO FILL OUT FORM 5471 AS THE SCHOOL DID NOT MEET THE 10% OWNERSHIP THRESHOLD SCHEDULE F, PART IV, LINE 4 THE SCHOOL IS ALSO NOT REQUIRED TO COMPLETE FORM 8621 AS THE PRIVATE FOREIGN INVESTMENT COMPANY (PFIC) RULES DO NOT APPLY TO TAX EXEMPT ORGANIZATIONS AS THE PFIC DOES NOT GENERATE ANY INCOME UNDER INTERNAL REVENUE CODE 952 SUBPART F. 0 TUITION FINANCIAL AID 108 3584230 SUMMER PROGRAM FINANCIAL AID 15 214544 PART III, COLUMN (B) FINANCIAL AID IS AWARDED TO STUDENTS OBJECTIVELY, BASED ON FINANCIAL NEED. TO BE CONSIDERED FOR A FINANCIAL AID GRANT FOR THEIR CHILDREN, PARENTS MUST FURNISH : 1) A COPY OF THEIR MOST RECENT FEDERAL TAX RETURN; AND 2) A COMPLETED "PARENTS FINANCIAL STATEMENT" (PFS) PROVIDED BY THE SCHOOL AND STUDENT SERVICE (SSS) AFFILIATE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. SSS ANALYZES THE PFS AND MAKES A RECOMMENDATION REGARDING FINANCIAL NEED TO THE SCHOOL FOR ITS CONSIDERATION. THE SCHOOL MAKES THE FINAL DETERMINATION OF FINANCIAL AID BASED ON THE SSS RECOMMENDATION, SOMETIMES ADJUSTED TO REFLECT UNUSUAL CIRCUMSTANCES OR SUPPLEMENTAL INFORMATION PROVIDED BY THE FAMILY. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 PETER HUTTON HEAD OF SCHOOL 384293 0 0 0 0 0 40000 0 58762 0 483055 0 0 0 TIMOTHY PARSON DIRECTOR OF FINANCE 224261 0 0 0 0 0 19040 0 12837 0 256138 0 0 0 NANCY CARUSO ASST HEAD OF SCHOOL 183121 0 0 0 0 0 15200 0 560 0 198881 0 0 0 NATHANIEL SALTONSTALL DIR. OF SUMMER PROG. 143938 0 0 0 0 0 12412 0 13500 0 169850 0 0 0 AMY WHEELER UPPER SCHOOL DIRECTOR 133653 0 0 0 0 0 10091 0 12694 0 156438 0 0 0 LISA TRASK DIRECTOR OF MARKETING 139691 0 0 0 0 0 7166 0 7272 0 154129 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN A SCHOOL-OWNED RESIDENCE AS PART OF HIS CONTRACT. A PORTION ($48,000)OF THE FIGURE SHOWN IN PART II (D) INCLUDES THE VALUE OF THIS HOUSING BASED ON COMPARABLE LOCAL RENTALS. PART I, LINE 4B PETER HUTTON, HEAD OF SCHOOL - $19200 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2013-02-01 15282915 REFINANCE DEBT 0 0 0 A 350306 15282915 15282915 2013 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES; THE MEMBERS THEN HAVE A WEEK TO SUGGEST ANY CHANGES. ANY MEMBERS OF THE BOARD MAY REQUEST A COPY OF THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AT THE START OF THE SCHOOL YEAR, ALL BOARD MEMBERS RECEIVE A COPY OF THE POLICY AND A DISCLOSURE STATEMENT THAT MUST BE FILLED IN AND RETURNED TO THE HEAD'S ASSISTANT, ACTING ON BEHALF OF THE BOARD CLERK. THE HEAD'S ASSISTANT MONITORS RETURNS AND ASSURES THAT ALL TRUSTEES DO SUBMIT THE DISCLOSURE STATEMENTS. ANY CONFLICTS DISCLOSED WOULD BE REVIEWED BY THE EXECUTIVE COMMITTEE, PER THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD'S COMPENSATION: EACH YEAR THE SCHOOL'S DIRECTOR OF FINANCE AND OPERATIONS (DFO) ASSEMBLES MARKET DATA FROM TWO PRINCIPAL SOURCES: STATISTICS COMPILED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, AND IRS FORM 990'S AVAILABLE FROM THE GUIDESTAR WEB SITE. EMPHASIS IS ON BENCHMARKING VERSUS A DEFINED GROUP OF 9 PEER SCHOOLS, BUT THE BROADER NEW ENGLAND MARKET IS ALSO CONSIDERED. THIS DATA IS CONDENSED, ANALYZED AND CONVEYED TO THE PRESIDENT OF THE BOARD OF TRUSTEES, WHO SHARES IT WITH THE BOARD'S EXECUTIVE COMMITTEE. THAT COMMITTEE, CONSIDERING ALSO WRITTEN PERFORMANCE EVALUATIONS, SETS THE HEAD'S COMPENSATION. FOR OTHER POSITIONS THAN THE HEAD, THE DFO ASSEMBLES OBJECTIVE MARKET DATA FROM THE NAIS AND CONVEYS THAT TO THE HEAD, WHO SETS SALARIES BASED ON THAT DATA, EMPLOYEE PERFORMANCE, AND BUDGETED FUNDS AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES