GOVERNOR DUMMER ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GOVERNOR DUMMER ACADEMY (EIN 04-2103564)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201301349349304215
- Schema version
- 2011v1.5
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T13:35:51-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043121055 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIRKLAND ALBRECHT & FREDRICKSON LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 FORBES ROAD WEST | AddressLine1 |
| City | BRAINTREE | City |
| State | MA | State |
| ZIP Code | 02184 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103564 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOVERNOR DUMMER ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOVE | NameControl |
| Phone | 9784651763 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ELM STREET | AddressLine1 |
| City | BYFIELD | City |
| State | MA | State |
| ZIP Code | 01922 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HUGH A MCGRAW | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 9784651763 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL HINCHEY | Name |
| PTIN | P00451160 | PTIN |
| Phone | 7813562000 | Phone |
| Date Prepared | 2013-05-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GOVERNOR'S ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HUGH A MCGRAW | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ELM STREET | AddressLine1 |
| City | BYFIELD | City |
| State | MA | State |
| ZIP Code | 01922 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 48326336 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THEGOVERNORSACADEMY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1763 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE LONGEST CONTINUING INDEPENDENT BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES NINE THROUGH TWELVE. FOUNDED IN 1763 ON NEW ENGLAND COASTAL FARMLAND, COMBINES CENTURIES OF TRADITION WITH A DEDICATION TO EDUCATIONAL INNOVATION. STUDENTS FLOURISH IN A DIVERSE COMMUNITY DISTINGUISHED BY ENDURING RELATIONSHIPS WITH TEACHERS AND DEFINED BY A COMMITMENT TO LEARNING AND A THOUGHTFUL BALANCE OF ACADEMICS, ATHLETICS, ARTS AND SERVICE TO OTHERS. ACADEMY GRADUATES ARE LIFE LONG LEARNERS WHO EMBRACE THEIR CIVIC DUTY AND GLOBAL RESPONSIBILITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 254 | TotalNbrEmployees |
| Total Nbr Volunteers | 500 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -58676 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2955851 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7979035 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16225953 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17055525 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14227081 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8505537 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1086238 | OtherRevenuePriorYear |
| Other Revenue Current Year | 629901 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 34495123 | TotalRevenuePriorYear |
| Total Revenue Current Year | 34169998 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3285292 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3672379 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9917883 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10568631 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1427019 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9859458 | OtherExpensePriorYear |
| Other Expenses Current Year | 9825634 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 23062633 | TotalExpensesPriorYear |
| Total Expenses Current Year | 24066644 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 11432490 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 10103354 | RevenuesLessExpensesCY |
| Total Assets BOY | 131923243 | TotalAssetsBOY |
| Total Assets EOY | 136063458 | TotalAssetsEOY |
| Total Liabilities BOY | 31427602 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 39451408 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 100495641 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 96612050 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | LASTING BONDS AMONG STUDENTS AND FACULTY ARE HALLMARKS OF OUR CAMPUS COMMUNITY. LIFE AT THE ACADEMY IS ALSO INFLUENCED BY OUR MANY TRADITIONS INCLUDING JUMPING THE WALL AT COMMENCEMENT, HOSTING THE SPECIAL OLYMPICS, CELEBRATING FOUNDERS DAY, AND ENJOYING SATURDAY EVENINGS IN THE HEADMASTER'S HOME. IT IS IN THESE TRADITIONS AND COMMUNITY EVENTS THAT THE SPIRIT OF THE ACADEMY COMES TO LIFE. AS THE OLDEST CONTINUOUSLY OPERATING BOARDING SCHOOL IN THE UNITED STATES, WE HAVE ALWAYS CHERISHED THE POSSIBILITIES OF THE FUTURE AS MUCH AS WE CHERISH OUR TRADITIONS. STUDENTS BECOME PART OF AN EXCITING HISTORY OF PROGRESS AND SERVICE FROM WHICH SPRING THE SCIENTISTS, ARTISTS, ATHLETES, WRITERS, INNOVATORS AND LEADERS OF TOMORROW. VISITORS TO OUR CAMPUS FEEL IT RIGHT AWAY-THE SENSE OF POSSIBILITY, THAT YOU CAN DO ANYTHING, TRY ANYTHING. <CONTINUED BELOW> | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 19779696 | Expense |
| Grants | 3672379 | Grants |
| Revenue | 17403436 | Revenue |
| Description | THE GOVERNOR'S ACADEMY PROVIDES A CAREFULLY THOUGHT OUT AND RIGOROUS EDUCATIONAL EXPERIENCE THAT ENCOMPASSES ACADEMIC WORK, ATHLETICS, THE ARTS AND SERVICE. IN SMALL CLASSES LED BY TALENTED TEACHERS WHO INSPIRE A LIFELONG LOVE OF LEARNING AND AN UNQUENCHABLE CURIOSITY ABOUT THE WORLD. HERE STUDENTS DISCOVER NEW WORLDS - IN INTELLECTUAL INQUIRY. CLASSES ARE 45-90 MINUTES LONG, MEETING 3 TIMES A WEEK. THE AVERAGE CLASS SIZE IS APPROXIMATELY 13 STUDENTS. LIVING AND LEARNING WITH BOYS AND GIRLS FROM A RANGE OF BACKGROUNDS AND LIFE EXPERIENCES, OUR STUDENTS GAIN A BROADER UNDERSTANDING OF THE WORLD. WE HAVE MORE THAN 390 STUDENTS IN GRADES 9-12. OUR ENROLLMENT INCLUDES 13 PERCENT STUDENTS OF COLOR AND 12 PERCENTS INTERNATIONAL STUDENTS. TWO-THIRDS OF OUR STUDENTS BOARD; ONE-THIRD ARE DAY STUDENTS. ACADEMICALLY WE OFFER HONORS AND ADVANCED PLACEMENT COURSES, AS WELL AS INDEPENDENT STUDY IN ALL DEPARTMENTS. ATHLETES PARTICIPATE IN THE ISL LEAGUE OF 16 SCHOOLS LOCATED IN THE GREATER BOSTON AREA. WE OFFER MORE THAN 50 INTERSCHOLASTIC TEAMS FROM VARSITY TO THIRDS. OUR EFFORTS CONTINUE TO EXPAND IN PROVIDING GLOBAL UNDERSTANDING ANDEXPERIENCES FOR OUR STUDENTS THROUGH EXCHANGE PROGRAMS. CURRENTLY OUR EXCHANGES ARE IN CHINA, KENYA AND HONDURAS; WE HOPE SOON TO HAVE EXCHANGES ON EVERY CONTINENT. STUDENTS SPEND TIME AT SCHOOLS ACROSS THE GLOBE, AND THEN THOSE FOREIGN STUDENTS AND TEACHERS COME TO OUR CAMPUS, WHERE THEY LIVE IN THE DORMS AND TAKE PART IN CLASSES AND ACTIVITIES. WE ARE DEVELOPING COURSES WITH A GLOBAL PERSPECTIVE, INCLUDING MODERN CHINESE HISTORY AND AFRICAN HISTORY. FOREIGN LANGUAGE STUDENTS - IN CHINESE, SPANISH, FRENCH, GERMAN AND LATIN - ENRICH THEIR LEARNING WITH TRIPS ABROAD AND LANGUAGE CLUB OUTINGS. | Description |
| Total Program Service Expense | 19779696 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 91 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 254 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUGH A MCGRAW | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9784651763 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ELM STREET | AddressLine1 |
| City | BYFIELD | City |
| State | MA | State |
| ZIP Code | 01922 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JEFFREY L GORDON | ||||||||
| PRESIDENT | 5.00 | X | X | 0 | 0 | 0 | ||
| JAMES L RUDOLPH | ||||||||
| VICE PRESIDENT | 5.00 | X | X | 0 | 0 | 0 | ||
| STEVEN G SHAPIRO | ||||||||
| TREASURER | 5.00 | X | X | 0 | 0 | 0 | ||
| WILLIAM L ALFOND | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| SONG-HYUK BANG | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| REV ADRIENNE BERRY-BURTON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| WILLIAM BRINE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| GRAHAM COLE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| WENDY B COWIE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| MARGO L DHALIWAL | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| JONATHAN J DOYLE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| HENRY B EATON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| BEVERLY R GIBLIN | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| KATHY S HINES | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| STEPHEN G KASNET | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| RICHARD M KELLEHER | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| PAUL MCKEON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| KARA MOHEBAN MCLOY | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| THOMAS M MERCER JR | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| SPENCER PURINTON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| GARY A ROGERS | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| GEORGE S SCHARFE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| AARON M SELLS | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| DAVID SPLAINE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| NATHALIE SWEET AMES | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| BRUCE C TURNER | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| MARK WHISTON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| LAURA E ELLISON | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| DANIEL C LOOK | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| SHAENA TUCKER | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| FRANCESCA DEMEO | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| JAMES M PIERCE | ||||||||
| SECRETARY | 5.00 | X | 0 | 0 | 0 | |||
| HUGH A MCGRAW | ||||||||
| CFO | 55.00 | X | 167610 | 0 | 12231 | |||
| JOHN DOGGETT | ||||||||
| HEADMASTER EMERITUS / MASTER TEACHER | 40.00 | 273677 | 0 | 53951 | X | |||
| LORI CORREALE | ||||||||
| DIRECTOR OF ADVANCEMENT | 50.00 | 109043 | 0 | 11275 | X | |||
| PETER QUIMBY | ||||||||
| HEADMASTER | 55.00 | 133603 | 0 | 11522 | X | |||
| LYNDA FITZGERALD | ||||||||
| DEAN OF FACULTY | 50.00 | 103963 | 0 | 9494 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 787896 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 98473 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SHAWMUT DESIGN AND CONSTRUCTION | |||||
| 44 MERRIMAC STREET BOX 238 | NEWBURYPORT | MA | 01950 | CONSTRUCTION | 2479528 |
| CBTCHILDS BERTMAN TSECKARES INC | |||||
| 48 NORTHERN BLVD | NEWBURY | MA | 01951 | ARCHITECT ENGINEER | 613487 |
| US FOODSERVICE | |||||
| PO BOX D 3155 | BOSTON | MA | 02241 | DINING HALL FOOD | 465613 |
| DIRECT ENERGY BUSINESS | |||||
| PO BOX 70220 | PHILADELPHIA | PA | 19176 | ELECTRIC UTILITIES | 316645 |
| UPTACK PLUMBING & HEATING INC | |||||
| 32 ROCHAMBAULT STREET | HAVERHILL | MA | 01832 | PLUMBING COMPANY | 265382 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 23 | NumberOfContractorsGT100K |
| Fundraising Events | 79143 | FundraisingEvents |
| All Other Contributions | 7899892 | AllOtherContributions |
| Noncash Contributions | 469675 | NoncashContributions |
| Total Contributions | 7979035 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION | 611600 | 16181344 | 16181344 |
| SUMMER PROGRAMS | 713990 | 567357 | 567357 |
| STUDENT FEE INCOME | 611710 | 306824 | 306824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17055525 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1587047 | TotalRevenueColumn |
| Exclusion | -$1,587,047 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 281990 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 281990 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 281990 | TotalRevenueColumn |
| Exclusion | $281,990 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24016672 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13924088 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10092584 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10092584 | TotalRevenueColumn |
| Exclusion | $10,092,584 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 40257 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 79143 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 40257 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 258339 | GrossSalesOfInventory |
| Cost Of Goods Sold | 191993 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 66346 | TotalRevenueColumn |
| Related Or Exempt Function Income | 66346 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 281565 | TotalRevenueColumn |
| Related Or Exempt Function Income | 281565 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 281565 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34169998 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17403436 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $8,787,527 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3672379 | Total |
| Program Services | 3672379 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 493159 | Total |
| Program Services | 240311 | ProgramServices |
| Management And General | 132692 | ManagementAndGeneral |
| Fundraising | 120156 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7889314 | Total |
| Program Services | 6282669 | ProgramServices |
| Management And General | 831959 | ManagementAndGeneral |
| Fundraising | 774686 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1580721 | Total |
| Program Services | 1185297 | ProgramServices |
| Management And General | 378038 | ManagementAndGeneral |
| Fundraising | 17386 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 605437 | Total |
| Program Services | 380862 | ProgramServices |
| Management And General | 116408 | ManagementAndGeneral |
| Fundraising | 108167 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 624285 | Total |
| Program Services | 341676 | ProgramServices |
| Management And General | 244879 | ManagementAndGeneral |
| Fundraising | 37730 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2863 | Total |
| Program Services | 2863 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65018 | Total |
| Program Services | 41978 | ProgramServices |
| Management And General | 23040 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299614 | Total |
| Program Services | 262298 | ProgramServices |
| Management And General | 24 | ManagementAndGeneral |
| Fundraising | 37292 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1414724 | Total |
| Program Services | 1414724 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118160 | Total |
| Program Services | 10797 | ProgramServices |
| Management And General | 62350 | ManagementAndGeneral |
| Fundraising | 45013 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24224 | Total |
| Program Services | 16989 | ProgramServices |
| Management And General | 2133 | ManagementAndGeneral |
| Fundraising | 5102 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1032280 | Total |
| Program Services | 1032280 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1756548 | Total |
| Program Services | 1651156 | ProgramServices |
| Management And General | 87827 | ManagementAndGeneral |
| Fundraising | 17565 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 521597 | Total |
| Program Services | 24728 | ProgramServices |
| Management And General | 496869 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OUTSIDE STAFFING | 630406 | 630406 | ||
| MISCELLANEOUS EXPENSE | 534669 | 383082 | 116317 | 35270 |
| EVENT/CAMPAIGN EXPENSES | 495232 | 294692 | 200540 | |
| COST OF GOODS SOLD | 490816 | 490816 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1815198 | Total |
| Program Services | 1419693 | ProgramServices |
| Management And General | 367393 | ManagementAndGeneral |
| Fundraising | 28112 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24066644 | Total |
| Program Services | 19779696 | ProgramServices |
| Management And General | 2859929 | ManagementAndGeneral |
| Fundraising | 1427019 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 672272 | BOY |
| EOY | 66314 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5785411 | BOY |
| EOY | 9127583 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1247597 | BOY |
| EOY | 5919958 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205200 | BOY |
| EOY | 216808 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8400 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15970 | BOY |
| EOY | 130096 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126125 | BOY |
| EOY | 81797 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 501620 | BOY |
| EOY | 713923 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 77929433 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 19479007 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55866669 | BOY |
| EOY | 58450426 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53604 | BOY |
| EOY | 51500 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67448775 | BOY |
| EOY | 61296653 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131923243 | BOY |
| EOY | 136063458 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1273741 | BOY |
| EOY | 2013548 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3216364 | BOY |
| EOY | 6774097 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23110000 | BOY |
| EOY | 22505000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76519 | BOY |
| EOY | 1708720 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3750978 | BOY |
| EOY | 6450043 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31427602 | BOY |
| EOY | 39451408 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68947558 | BOY |
| EOY | 61184766 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6342441 | BOY |
| EOY | 10006795 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25205642 | BOY |
| EOY | 25420489 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100495641 | BOY |
| EOY | 96612050 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131923243 | BOY |
| EOY | 136063458 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 10103354 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -13986945 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 67502379 | BeginningOfYearBalance |
| Contributions | 419108 | Contributions |
| Investment Earnings Or Losses | -2895857 | InvestmentEarningsOrLosses |
| Other Expenditures | 3677477 | OtherExpenditures |
| End Of Year Balance | 61348153 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 61149659 | BeginningOfYearBalance |
| Contributions | 477411 | Contributions |
| Investment Earnings Or Losses | 10279795 | InvestmentEarningsOrLosses |
| Other Expenditures | 4404486 | OtherExpenditures |
| End Of Year Balance | 67502379 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 57876141 | BeginningOfYearBalance |
| Contributions | 677277 | Contributions |
| Investment Earnings Or Losses | 6039312 | InvestmentEarningsOrLosses |
| Other Expenditures | 3443071 | OtherExpenditures |
| End Of Year Balance | 61149659 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 77538518 | BeginningOfYearBalance |
| Contributions | 363231 | Contributions |
| Investment Earnings Or Losses | -17052959 | InvestmentEarningsOrLosses |
| Other Expenditures | 2972649 | OtherExpenditures |
| End Of Year Balance | 57876141 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.52280 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.41260 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06460 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 61056850 | OtherCostOrOtherBasis |
| Depreciation | 15195166 | Depreciation |
| Book Value | 45861684 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5272982 | OtherCostOrOtherBasis |
| Depreciation | 3127507 | Depreciation |
| Book Value | 2145475 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11599601 | OtherCostOrOtherBasis |
| Depreciation | 1156334 | Depreciation |
| Book Value | 10443267 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 58450426 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIPS | 5694581 | F |
| BENEFICIAL INTEREST IN PHILLIPS TRUSTS | 6511813 | F |
| COMMONFUND INSTITUTIONAL FUNDS | 47511856 | F |
| CHARITABLE GIFT ANNUITIES | 1578403 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 61296653 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $685,200 |
| INTEREST RATE SWAP | $5,764,843 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6450043 | TotalOfAmounts |
| Total Revenue | 34169998 | TotalRevenue |
| Total Expenses | 24066644 | TotalExpenses |
| Excess Or Deficit For Year | 10103354 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -13986945 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -13986945 | TotalAdjustments |
| Excess Or Deficit Per FS | -3883591 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20358185 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -13986945 | NetUnrealizedGainsInvestments |
| Other Revenues | 3847511 | OtherRevenues |
| Revenue Not Rptd F990 | -10139434 | RevenueNotRptdF990 |
| Revenue Subtotal | 30497619 | RevenueSubtotal |
| Other Revenues Not Included | 3672379 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3672379 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 34169998 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 24241776 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 3847511 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3847511 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20394265 | ExpensesSubtotal |
| Other Expenses Not Included | 3672379 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3672379 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 24066644 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | VARIOUS PAINTINGS THAT ARE DISPLAYED IN THE LIBRARY WHICH WERE DONATED TO THE SCHOOL. | |
| PART V, LINE 4: | THE ACADEMY'S ENDOWMENT FUNDS ARE USED FOR THE SUPPORT IN FINANCIAL AID AND COMMENCEMENT PRIZES. IT ALSO HELPS TO MAINTAIN FACULTY SALARY AND BENEFITS AS WELL AS MAINTAINING THE PHYSICAL PLANT OF THE SCHOOL. THE TEMPORARY RESTRICTED GIFTS COULD BE MORE SPECIFIC AS UNIFORMS, TUNING PIANOS, SUPPORT IN THE EXCHANGE PROGRAM, HELPING FINANCIAL AID STUDENTS ATTEND THE PROM AND PURCHASE BOOKS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE ACADEMY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE ACADEMY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE ACADEMY ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. THE TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT JUNE 30, 2012, MANAGEMENT BELIEVES THAT THE ACADEMY HAS NO MATERIAL UNCERTAIN TAX POSITIONS. THE ACADEMY FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE ACADEMY IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE FISCAL YEAR 2009. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| ENDOWMENT APPROPRIATIONS FOR OPERATIONS AND DEBT SERVICE 3,615,261. FUNDRAISING EXPENSES INCLUDED IN INCOME 40,257. COST OF GOODS SOLD APPLIED AGAINST INCOME 191,993. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID AND DISCOUNTS 3,672,379. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| ENDOWMENT APPROPRIATION DRAW 3,615,261. FUNDRAISING EXPENSES INCLUDED IN INCOME 40,257. COST OF GOODS SOLD APPLIED AGAINST INCOME 191,993. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| FINANCIAL AID AND DISCOUNTS 3,672,379. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | GOVERNOR DUMMER ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY ON A SCHOOL BULLETIN AND IN BROCHURES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 119400 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 79143 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 40257 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 18489 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 21768 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 119400 | GrossReceiptsTotal |
| Charitable Contributions Total | 79143 | CharitableContributionsTotal |
| Gross Revenue Total Events | 40257 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 18489 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 21768 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 40257 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 110 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 3672379 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | SCHOLARSHIPS/FINANCIAL AID | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS ALLOCATED ON A NEED BASED BASIS AT THE GOVERNOR'S ACADEMY. FOR NEW APPLICANTS TO THE SCHOOL, WE REQUIRE FAMILIES TO SUBMIT INCOME AND ASSET INFORMATION TO SSS, A FINANCIAL AID ASSESSMENT ORGANIZATION THAT OPERATES WITHIN NAIS. SSS PROVIDES FOR US A RECOMMENDED FAMILY CONTRIBUTION (RFC) AND, TO OUR ABILITY AND AFTER OUR EVALUATION OF A FAMILY'S SUBMISSION, WE WILL PROVIDE FINANCIAL AID TO A FAMILY THAT REPRESENTS THE DIFFERENCE BETWEEN THE RFC AND THE COST OF TUITION. WITH RESPECT TO MONITORING THE STUDENTS OVER TIME, FAMILIES MUST SUBMIT A FINANCIAL AID APPLICATION EACH YEAR AND THE RFC IS USED TO DETERMINE A FINANCIAL AID ALLOCATION EACH YEAR. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HUGH A MCGRAW | |||||||||||||
| 167610 | 0 | 0 | 0 | 0 | 0 | 10057 | 0 | 2174 | 0 | 179841 | 0 | 0 | 0 |
| JOHN DOGGETT | |||||||||||||
| 273677 | 0 | 0 | 0 | 0 | 0 | 31811 | 0 | 22140 | 0 | 327628 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE SCHOOL PROVIDES ON CAMPUS HOUSING FOR THE HEADMASTER AND CHIEF FINANCIAL OFFICER TO PROVIDE AN ON CAMPUS PRESENCE TO DEAL WITH ASSORTED ISSUES AND EMERGENCIES. THE HEADMASTER DISCRETIONARY FUND OF $3,000 IS USED TO PAY FOR UNPLANNED SCHOOL ACTIVITIES. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| CUSIP Number | 57583RGN9 | CUSIPNumber |
| Date Issued | 2006-08-01 | DateIssued |
| Issue Price | 15000000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF DORM,MAINTENANCE BLDG,HOCKEY RINK,TURF FIELD,TENNIS COURTS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 1 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 15000000 | TotalProceeds |
| Issuance Costs From Proceeds | 295724 | IssuanceCostsFromProceeds |
| Capital Expenditures | 14704276 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LYNDA FITZGERALD | NamePerson |
| Purpose Of Loan | FACULTY HOUSING LOAN | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $21,000 | OriginalPrincipalAmount |
| Balance Due | 8400 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 8400 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 35000 | AmountOfGrant |
| Type Of Assistance | THE SCHOOL PROVIDED A NEED-BASED SCHOLARSHIP TO THE NEPHEW OF A DIRECTOR | TypeOfAssistance |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 15 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 466418 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SPORTS EQUIPMENT | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3257 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | RETAIL PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT VERSION OF THE FORM 990 IS SENT TO THE DIRECTOR OF FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER OF THE BOARD OF DIRECTORS FOR AN INITIAL REVIEW. DURING THE INITIAL REVIEW IF ANY QUESTIONS ARE RAISED THEY ARE BROUGHT TO THE ATTENTION OF THE TAX PREPARERS. ONCE ALL THE QUESTIONS HAVE BEEN ADEQUATELY ANSWERED THE DRAFT FORM 990 IS PROVIDED TO THE CFO FOR REVIEW. A FINAL REVIEW OF THE FORM IS CONDUCTED BY THE DIRECTOR OF FINANCE AND THE CFO BEFORE THE FORM 990 IS FINALIZED AND SENT TO THE AUDIT COMMITTEE FOR THEIR REVIEW. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS ISSUED ONCE A YEAR WITH AN ACKNOWLEDGEMENT TO BE SIGNED ASSURING THAT THE READER IS AWARE AND WILL COMPLY. ONCE THE ACKNOWLEDGEMENT IS SIGNED IT IS FILED IN THE CFO'S OFFICE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HEADMASTER'S COMPENSATION IS REVIEWED BY THE PRESIDENT OF THE BOARD AND HIS EXECUTIVE COMMITTEE, WITH SUPPORT FROM THE CFO REGARDING COMPARATIVE SALARY DATA. THE CFO'S SALARY IS SET BY THE HEADMASTER. THE HEADMASTER AND CFO COLLABORATE IN SETTING THE STAFF AND FACULTY SALARY POOL INCLUDING ANTICIPATED TURNOVER AND THE BUDGET SALARY FOR REPLACEMENT PERSONNEL. ALL SALARY RECOMMENDATIONS ARE THEN INCORPORATED INTO THE DRAFT FY BUDGET WHICH IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE FULL BOARD APPROVES THE BUDGET FOR IMPLEMENTATIONS. THE ORGANIZATION BENCHMARKS AND ANALYZES THE SALARIES TO ABOPS (AN ASSOCIATION OF 40 PEER SCHOOLS) ANNUALLY. | |
| FORM 990, PART VI, SECTION C, LINE 18 | THE FORM 990 IS AVAILABLE VIA A WRITTEN OR TELEPHONE REQUEST TO THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -13,986,945. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE METHODS USED BY THE COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. | |
| FORM 990, PART III, LINE 1, CONTINUATION | A HEALTHY ATMOSPHERE WHERE EVERY CLUB AND TEAM WELCOMES NEW MEMBERS, TEACHERS ENCOURAGE STUDENTS TO TAKE CLASSES AND JOIN ACTIVITIES OUTSIDE THEIR COMFORT ZONE, AND EVERYONE SUPPORTS EACH OTHER IN ANY ENDEAVOR. MOTIVATED STUDENTS FROM THE BOSTON AREA AND AROUND THE GLOBE COME TOGETHER IN WHAT MANY SAY FEELS LIKE A SECOND HOME. VIBRANT, FASCINATING PEOPLE-INCLUDING TEACHERS WHO ALSO SERVE AS COACHES AND MENTORS-FORM A UNIQUE SYNTHESIS OF CULTURES AND LIFE EXPERIENCES. GOVERNOR'S GLOBAL OUTLOOK INSPIRES EXCHANGE AND STUDY ABROAD PROGRAMS, COURSE OFFERINGS, CLASS ACTIVITIES AND THE WELCOMING, ACCEPTING ATMOSPHERE ON CAMPUS. THE CHALLENGE AND OPPORTUNITIES OF A QUINTESSENTIAL NEW ENGLAND BOARDING SCHOOL MERGE WITH A WARMTH AND OPENNESS TO NEW IDEAS AND NEW PEOPLE THAT HAS ALWAYS MADE GOVERNOR'S REFRESHINGLY DIFFERENT. |