2013-11-04T13:56:37-06:00 2013-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2012-07-01 042103869 THE BEAVER COUNTRY DAY SCHOOL INC BEAV 6177382700 791 HAMMOND STREET CHESTNUT HILL MA 024672317 PETER HUTTON 6177382701 2013-11-01 1 THOMAS WASHBURN CPA P00537319 5083669100 2013-10-25 2012 2016-02-24 21:20:13Z PETER HUTTON 791 HAMMOND STREET CHESTNUT HILL MA 02467 25592286 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 18 387 20 0 0 2200545 2467004 19667374 20716727 259569 23478 0 0 22127488 23207209 3444223 3614926 0 0 10750335 11602881 0 0 1050423 6643007 7058004 20837565 22275811 1289923 931398 42457442 43579008 25424305 24396596 17033137 19182412 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 14485100 3428330 17579908 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. 2518130 186596 3136819 SUMMER PROGRAM - PROVIDES EDUCATIONAL AND ATHLETIC INSTRUCTION DURING THE SUMMER TO OVER 1000 CHILDREN, RANGING IN AGE FROM 3 TO 14. 17003230 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 73 0 1 387 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 45.00 X X 364590 0 92179 CHARLES M CAMPION 1.00 X X 0 0 0 ALEX GOULD 45.00 X 66250 0 4883 SONJA R SPEARS 1.00 X X 0 0 0 MATTHEW LIPPMAN 45.00 X 76090 0 19255 DAVID FUBINI 1.00 X X 0 0 0 WILLIAM R O'REILLY JR 1.00 X X 0 0 0 DAVID SCHECHTER 1.00 X 0 0 0 MICHAEL CARMEN 1.00 X X 0 0 0 CHRISTOPHER LOGAN 1.00 X 0 0 0 JENNIFER CHAFKIN 1.00 X 0 0 0 MARY LOEKEN 1.00 X 0 0 0 HAROLD W SPARROW 1.00 X 0 0 0 BETH TERRANA 1.00 X X 0 0 0 ANDY SPELLMAN 1.00 X 0 0 0 RANDI CUTLER 1.00 X 0 0 0 JOSH KRAFT 1.00 X 0 0 0 STEVEN KAITZ 1.00 X 0 0 0 TRACY SIMKO 1.00 X 0 0 0 DEBORAH MILLS 1.00 X 0 0 0 LIZA COOPER 1.00 X 0 0 0 TIMOTHY PARSON 45.00 X 212846 0 31544 KAREN WOOD 45.00 X 176747 0 28658 NATHANIEL SALTONSTALL 45.00 X 135507 0 25105 NANCY CARUSO 45.00 X 168070 0 14522 LISA TRASK 45.00 X 133250 0 10379 AMY WHEELER 45.00 X 127856 0 22503 1461206 0 249028 18 0 1 0 SAGE DINING SERVICES INC 222 BOSLEY AVENUE SUITE B-7 TOWNSEND MD 21204 FOOD SERVICES 787464 CAFCO 77 CHARLES STREET SOUTH BOSTON MA 02116 CONSTRUCTION 571243 PROSPECT BUILDING SERVICE CORP 360 PEARL STREET MALDEN MA 02148 CLEANING SERVICES 318598 NUVU 88 WINSLOW AVENUE APT 1 SOMERVILLE MA 02114 EDUCATIONAL PROGRAMS 235932 ERLAND CONSTRUCTION 83 SECOND AVENUE BURLINGTON MA 01803 CONSTRUCTION 150696 6 2467004 2467004 TUITION & FEES 611710 17486291 17486291 SUMMER PROGRAM FEES 611710 3136819 3136819 AUXILIARY ACTIVITIES 611710 93617 93617 20716727 242525 242525 2166030 2385077 -219047 -219047 -219047 23207209 20716727 0 23478 3614926 3614926 685024 106829 364261 213934 8984392 6291285 2188049 505058 474137 330548 118615 24974 845255 560855 223893 60507 614073 397199 169520 47354 66395 66395 32600 32600 522335 126407 178697 217231 137605 36217 60321 41067 1066748 668379 260515 137854 477509 477509 256812 211332 34047 11433 528628 528628 1346138 1346138 67289 67289 FOOD SERVICE 755056 728025 7635 19396 REPAIRS AND MAINTENANCE 610608 44544 566064 OFF CAMPUS PROGRAMS 439397 439397 MISCELLANEOUS 403514 289371 36743 77400 347370 3157916 -2504761 -305785 22275811 17003230 4222158 1050423 7044577 7416942 247218 248121 633894 397923 80111 109832 813773 870606 35799325 12083338 23566405 23715987 9806152 10644339 265312 175258 42457442 43579008 364739 297325 9643318 8899689 15416248 15199582 25424305 24396596 X 13806213 15787167 1881109 2036985 1345815 1358260 17033137 19182412 42457442 43579008 931398 1217877 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10019852 12445 1239253 533803 10737747 10615317 13574 -144547 464492 10019852 9540024 13354 1507573 445634 10615317 8830172 31234 1177381 498763 9540024 10914743 146948 -1678513 553006 8830172 0.72000 0.13000 0.15000 0 0 181047 181047 31375234 9227216 22148018 1496804 931246 565558 2564933 1783187 781746 181307 141689 39618 23715987 EQUITY MUTUAL FUNDS 4736530 F FIXED INCOME MUTUAL FUNDS 2301898 F MULTI-STRATEGY HEDGE FUND 3605911 F 10644339 X 24425086 1217877 1217877 23207209 0 23207209 22275811 0 22275811 0 22275811 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD WHICH REQUIRES THE SCHOOL TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2013, THE SCHOOL DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE SCHOOL DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. INFORMATION RETURNS FILED FOR THE PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS TAX AUTHORITIES. 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 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 3605911 0 0 0 0 0 0 3605911 0 3605911 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 FILL OUT 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 105 3428330 SUMMER PROGRAM FINANCIAL AID 14 186596 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 364590 0 0 0 0 0 30695 0 61484 0 456769 0 0 0 TIMOTHY PARSON 212846 0 0 0 0 0 18060 0 13484 0 244390 0 0 0 KAREN WOOD 176747 0 0 0 0 0 15200 0 13458 0 205405 0 0 0 NANCY CARUSO 168070 0 0 0 0 0 14000 0 522 0 182592 0 0 0 AMY WHEELER 127856 0 0 0 0 0 9471 0 13032 0 150359 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 - $9494 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2011-12-21 15507915 REFINANCE DEBT 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2013-02-01 15282915 REFINANCE DEBT 0 0 0 A 15507915 15507915 15507915 2012 1 0 1 1 B 83333 15282915 15282915 2013 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 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. NO CHANGES