2012-05-15T09:44:43-05:00 2011-06-30 KAHN LITWIN RENZA & CO LTD 800 SOUTH STREET SUITE 300 WALTHAM MA 02453 990 2010-07-01 042104857 THE ROXBURY LATIN SCHOOL ROXB 6173254920 101 ST THERESA AVENUE WEST ROXBURY MA 02132 KERRY P BRENNAN 6173254920 2012-05-14 1 MEYER H LEVY 7815478800 2010 2016-02-24 21:20:13Z KERRY P BRENNAN 101 ST THERESA AVENUE WEST ROXBURY MA 02132 52605951 0 X WWW.ROXBURYLATIN.ORG X 1645 MA TO PROVIDE SECONDARY EDUCATION TO BOYS IN GRADES 7-12. 20 19 67 200 0 0 4014135 12615363 4224140 4360000 4204898 10527265 132965 309306 12576138 27811934 0 0 0 0 7129775 7251657 0 0 362582 4161771 4490879 11291546 11742536 1284592 16069398 154161411 177777287 3464345 3761987 150697066 174015300 TO PROVIDE SECONDARY EDUCATION TO BOYS IN GRADES 7-12. 0 0 10517561 4360000 TO PROVIDE SECONDARY EDUCATION TO BOYS IN GRADES 7-12. 10517561 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 35 0 67 1 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X GARY HALL 6173254920 101 ST THERESA AVENUE WEST ROXBURY MA 02132 DENNIS ROY KANIN 2.00 X X 0 0 0 PAUL J MASSEY JR 2.00 X X 0 0 0 NANCY SWEGLER ANTHONY 2.00 X X 0 0 0 PAUL MATTHEW SPINALE 2.00 X X 0 0 0 WILLIAM A OATES JR 2.00 X 0 0 0 WILLIAM P COLLATOS 2.00 X 0 0 0 ROBERT J O'CONNOR JR 2.00 X 0 0 0 REV PROF PETER GOMES 2.00 X 0 0 0 DR RAMON F MARTIN 2.00 X 0 0 0 PROF HARRY R LEWIS 2.00 X 0 0 0 WILLIAM B O'KEEFFE 2.00 X 0 0 0 STANLEY J BERNSTEIN 2.00 X 0 0 0 DAVID W MANZO 2.00 X 0 0 0 HON SANDRA HAMLIN 2.00 X 0 0 0 VANCE WILSON 2.00 X 0 0 0 ROBERT PINKHAM 2.00 X 0 0 0 ANNE CRAIGE MCNAY 2.00 X 0 0 0 BRUCE R EVANS 2.00 X 0 0 0 ETHAN M BERMAN 2.00 X 0 0 0 PHILIP AS M APHONSE 2.00 X 0 0 0 ROBERT MCGOVERN BROGGI 2.00 X 0 0 0 KERRY BRENNAN REGULAR SALARY 50.00 X 241951 0 0 KERRY BRENNAN BENEFITS 50.00 X 0 0 31787 KERRY BRENNAN VESTED DEF COMP 50.00 X 228979 0 0 KERRY BRENNAN REQUIRED HOUSING 50.00 X 0 0 49300 EDWARD ELLISON 50.00 X 144683 0 20069 PHILIP THORNTON 50.00 X 172790 0 30761 MICHAEL POJMAN 50.00 X 141803 0 20988 PAUL SUGG JR 50.00 X 112371 0 27245 1042577 0 180150 5 0 1 0 FA WILLIAMS INC 12 BRIGHTON STREET BELMONT MA 02478 PLUMBING/HEATING 840867 HERITAGE RESTORATION PO BOX 478 ROCKLAND MA 02370 MASONRY 262908 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 INVESTMENT MANAGEMENT 156259 3 12615363 715614 12615363 TUITION 611600 4360000 4360000 4360000 1700321 1700321 33620961 24794017 8826944 8826944 8826944 MISCELLANEOUS 611600 309306 309306 309306 27811934 4360000 0 10836571 1061833 902558 106183 53092 4751623 4038880 475162 237581 452217 384384 45222 22611 577014 490462 57702 28850 408970 347625 40897 20448 40837 40837 28750 28750 66500 66500 57220 57220 794725 794725 1655903 1655903 196603 196603 FOOD SERVICE 369229 369229 EXTERNAL AFFAIRS 288625 288625 INSTRUCTIONAL EXPENSE 274704 274704 SCHOOL FUNCTIONS 193017 193017 ATHLETICS 154698 154698 370068 368928 1140 11742536 10517561 862393 362582 723234 1884065 2077348 10040423 124069 218797 131048 131048 18399 5722 131935 117290 64568666 15854339 48751126 48714327 101525772 115987135 678480 678480 154161411 177777287 1264742 1134827 519942 538511 1679661 2088649 3464345 3761987 X 46198188 47521515 48244619 64632495 56254259 61861290 150697066 174015300 154161411 177777287 X 16069398 7248836 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100309618 5205258 17527628 5096526 117945978 93266734 1135764 12059524 6152404 100309618 165035614 521832 -34192364 -38098348 93266734 0.01740 0.52390 0.45870 0 0 22246886 22246886 37194367 11490515 25703852 5127413 4363824 763589 48714327 CASH 267368 F PRIVATE EQUITY FUNDS 33720788 F EQUITY SECURITIES 10459359 F INTEREST & DIVIDEND RECEIVABLE 14272 F MUTUAL FUNDS 55706422 F LAND HELD FOR INVESTMENT 7722182 C INVESTMENTS HELD BY THIRD PARTY TRUST 235305 F MONEY MARKET 7861439 F 115987135 TUITION AND OTHER DEPOSITS 2088649 2088649 27811934 11742536 16069398 7248836 7248836 23318234 35060770 7248836 7248836 27811934 0 27811934 11742536 0 11742536 0 11742536 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO CARRY OUT THE SCHOOL'S EDUCATIONAL PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE SCHOOL OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE SCHOOL ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE SCHOOL CURRENTLY HAS NO TAX EXAMINATION IN PROGRESS. 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 PUBLISHED IN NEWSPAPER ADVERTISEMENTS, JOB FAIRS, AND MEMBERSHIP ASSOCIATIONS. X X 1 0 X X X X 0 0 0 0 0 0 0 0 0 KERRY BRENNAN REGULAR SALARY 241951 0 0 0 0 0 0 0 0 0 241951 0 0 0 KERRY BRENNAN BENEFITS 0 0 0 0 0 0 24500 0 7287 0 31787 0 0 0 KERRY BRENNAN VESTED DEF COMP 0 0 0 0 228979 0 0 0 0 0 228979 0 0 0 KERRY BRENNAN REQUIRED HOUSING 0 0 0 0 0 0 0 0 49300 0 49300 0 0 0 EDWARD ELLISON 144683 0 0 0 0 0 14400 0 5669 0 164752 0 0 0 PHILIP THORNTON 172790 0 0 0 0 0 19000 0 11761 0 203551 0 0 0 MICHAEL POJMAN 141803 0 0 0 0 0 14400 0 6588 0 162791 0 0 0 SUPPLEMENTAL INFORMATION PART III COLUMN (B)-III INCLUDES A ONE-TIME VESTING OF DEFERRED COMPENSATION. COLUMN (D) 1 (II) SCHOOL PROVIDED HOUSING REQUIRED AS A CONDITION OF EMPLOYMENT. EDWARD ELLISON DIRECTOR OF FINANCE 10000 SCHOLARSHIP WILLIAM A OATES JR TRUSTEE AND FORMER TREASURER 86000 INV MNGMT 0 X 489 FAIR MARKET VALUE X 15 712225 FAIR MARKET VALUE X 2 AEDS 2 2900 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS AND CHARTER, EFFECTIVE AFTER THE LAST MEETING OF ITS BOARD IN FISCAL YEAR 2011. THE AMENDED CHARTER AND BYLAWS PHASED OUT EXISTING CLASSES OF MEMBERS OF THE BOARD AND ESTABLISHED TWO NEW CLASSES, CONSISTING OF SIX-YEAR TERMS AND TWELVE-YEAR TERMS. THE NUMBER OF BOARD MEMBERS WAS INCREASED FROM TWENTY TO TWENTY-FOUR, SIX OF WHOM SERVE TWELVE-YEAR TERMS AND A SIMPLE MAJORITY OF WHOM ARE ALUMNI OF THE SCHOOL. THE AMENDMENTS ALSO MODERNIZED A NUMBER OF PROVISIONS IN THE BYLAWS, INCLUDING INCREASING THE NUMBER OF TRUSTEES REQUIRED TO CONSTITUTE A QUORUM, REQUIRING SUPERMAJORITIES TO APPROVE CERTAIN ACTIONS, UPDATING THE DESCRIPTION OF DUTIES OF OFFICERS, MANDATING CERTAIN EXISTING STANDING COMMITTEES, INCLUDING THE AUDIT COMMITTEE, AND CLARIFYING THE SCOPE OF STANDING COMMITTEE FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. IT IS THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD. REVISIONS ARE MADE AS NECESSARY. A COPY IS PROVIDED TO ALL BOARD MEMBERS AND A REVIEW IS CONDUCTED AT A BOARD OF TRUSTEES MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A CONFLICTS DISCLOSURE STATEMENT. CONFLICTS ARE EVALUATED BY THE CONFLICTS COMMITTEE OF THE BOARD. WHERE NECESSARY, A BOARD VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY A COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE HEADMASTER. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THE PROCESS INCLUDES A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM SALARY SURVEY INFORMATION PREPARED BY AN INDUSTRY GROUP. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED BY THE HEADMASTER AND IS AVAILABLE FOR REVIEW BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE AT THE OFFICE OF THE SECRETARY OF STATE OF THE COMMONWEALTH OF MASSACHUSETTS. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE ATTACHED TO MASSACHUSETTS FORM PC FILED EVERY YEAR WITH ATTORNEY GENERAL OF THE COMMONWEALTH OF MASSACHUSETTS AND ARE AVAILABLE FOR PUBLIC INSPECTION AT THAT OFFICE. THE ORGANIZATION DOES NOT MAKE ITS BY-LAWS OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 7,248,836.