BEAVER COUNTRY DAY SCHOOL INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BEAVER COUNTRY DAY SCHOOL INC (EIN 04-2103869)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201243189349301244
- Schema version
- 2011v1.2
- 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 F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T09:34:48-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042571780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | 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 | 042103869 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BEAVER COUNTRY DAY SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BEAV | NameControl |
| Phone | 6177382700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 791 HAMMOND STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 024672317 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER HUTTON | Name |
| Title | HEAD OF SCHOOL | Title |
| Phone | 6177382701 | Phone |
| Date Signed | 2012-11-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS WASHBURN CPA | Name |
| PTIN | P00537319 | PTIN |
| Phone | 5083669100 | Phone |
| Date Prepared | 2012-11-12 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PETER HUTTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 791 HAMMOND STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 02467 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22526388 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BCDSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1920 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 380 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2250862 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2200545 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 14860319 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 19667374 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1757883 | InvestmentIncomePriorYear |
| Investment Income Current Year | 259569 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18869064 | TotalRevenuePriorYear |
| Total Revenue Current Year | 22127488 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3444223 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10224985 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10750335 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 928753 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6129877 | OtherExpensePriorYear |
| Other Expenses Current Year | 6643007 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16354862 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20837565 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2514202 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1289923 | RevenuesLessExpensesCY |
| Total Assets BOY | 41066034 | TotalAssetsBOY |
| Total Assets EOY | 42457442 | TotalAssetsEOY |
| Total Liabilities BOY | 24921105 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 25424305 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16144929 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17033137 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13676576 | Expense |
| Revenue | 16812067 | Revenue |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2283633 | Expense |
| Revenue | 2855307 | Revenue |
| Description | SUMMER PROGRAM - PROVIDES EDUCATIONAL AND ATHLETIC INSTRUCTION DURING THE SUMMER TO OVER 1000 CHILDREN, RANGING IN AGE FROM 3 TO 14. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 15960209 | 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 | 0 | 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 | 0 | 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 | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | 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 | 49 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 380 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 0 | QuidProQuoContributions |
| 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 | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | 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 | 1 | 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TIMOTHY PARSON | NamePerson |
| Telephone Number | 6177382744 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 791 HAMMOND STREET | AddressLine1 |
| City | CHESTNUT HILL | City |
| State | MA | State |
| ZIP Code | 02467 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PETER HUTTON | |||||||
| HEAD OF SCHOOL | 45.00 | X | X | 338430 | 0 | 85030 | |
| CHARLES M CAMPION | |||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| ALEX GOULD | |||||||
| FACULTY REPRESENTATIVE | 45.00 | X | 63090 | 0 | 4653 | ||
| ANDREW S OFFIT | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| SONJA R SPEARS | |||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 | |
| FAYE FLORENCE | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MATTHEW LIPPMAN | |||||||
| FACULTY REPRESENTATIVE | 45.00 | X | 72460 | 0 | 17682 | ||
| DAVID FUBINI | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM R O'REILLY JR | |||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| MICHAEL WINTER | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DAVID SCHECHTER | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL CARMEN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CHRISTOPHER LOGAN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN CENTOFANTI | |||||||
| PARENT REPRESENTATIVE | 1.00 | X | 0 | 0 | 0 | ||
| JANE E HUGHES | |||||||
| PARENT REPRESENTATIVE | 1.00 | X | 0 | 0 | 0 | ||
| WILL HARRINGTON | |||||||
| STUDENT REPRESENTATIVE | 1.00 | X | 0 | 0 | 0 | ||
| JENNIFER CHAFKIN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MARY LOEKEN | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| HAROLD W SPARROW | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| BETH TERRANA | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| LESLIE TSUI | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| TIMOTHY PARSON | |||||||
| DIRECTOR OF FINANCE | 45.00 | X | 199486 | 0 | 30136 | ||
| KAREN WOOD | |||||||
| DEVELOPMENT DIR | 45.00 | 165169 | 0 | 27120 | X | ||
| NATHANIEL SALTONSTALL | |||||||
| DIR. OF SUMMER PROG. | 45.00 | 128987 | 0 | 23908 | X | ||
| NANCY CARUSO | |||||||
| ASST HEAD OF SCHOOL | 45.00 | 153019 | 0 | 13284 | X | ||
| AMY WHEELER | |||||||
| UPPER SCHOOL DIRECTOR | 45.00 | 120482 | 0 | 22002 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1241123 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 223815 | TotalOtherCompensation |
| Number Individuals GT100 K | 15 | 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 |
|---|---|---|---|---|---|
| CAFCO | |||||
| 77 CHARLES STREET | SOUTH BOSTON | MA | 02116 | CONSTRUCTION | 3161826 |
| SAGE DINING SERVICES INC | |||||
| 222 BOSLEY AVENUE SUITE B-7 | TOWNSEND | MD | 21204 | FOOD SERVICES | 744786 |
| NUVU | |||||
| 88 WINSLOW AVENUE APT 1 | SOMERVILLE | MA | 02114 | EDUCATIONAL PROGRAMS | 437200 |
| PROSPECT BUILDING SERVICE CORP | |||||
| 360 PEARL STREET | MALDEN | MA | 02148 | CLEANING SERVICES | 308569 |
| KENNEDY & VIOLICH ARCHITECTURE LTD | |||||
| 10 FARNHAM STREET | BOSTON | MA | 02119 | ARCHITECT | 224670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 2200545 | AllOtherContributions |
| Noncash Contributions | 25652 | NoncashContributions |
| Total Contributions | 2200545 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 16732597 | 16732597 |
| SUMMER PROGRAM FEES | 611710 | 2855307 | 2855307 |
| AUXILIARY ACTIVITIES | 611710 | 79470 | 79470 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 19667374 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 272786 | TotalRevenueColumn |
| Exclusion | $272,786 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 385683 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 398900 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -13217 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -13217 | TotalRevenueColumn |
| Exclusion | -$13,217 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22127488 | TotalRevenueColumn |
| Related Or Exempt Function Income | 19667374 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $259,569 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3444223 | Total |
| Program Services | 3444223 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650844 | Total |
| Program Services | 101427 | ProgramServices |
| Management And General | 346562 | ManagementAndGeneral |
| Fundraising | 202855 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8312739 | Total |
| Program Services | 5806126 | ProgramServices |
| Management And General | 2053849 | ManagementAndGeneral |
| Fundraising | 452764 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 431027 | Total |
| Program Services | 300121 | ProgramServices |
| Management And General | 109216 | ManagementAndGeneral |
| Fundraising | 21690 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 776207 | Total |
| Program Services | 513304 | ProgramServices |
| Management And General | 208480 | ManagementAndGeneral |
| Fundraising | 54423 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 579518 | Total |
| Program Services | 373210 | ProgramServices |
| Management And General | 162314 | ManagementAndGeneral |
| Fundraising | 43994 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68575 | Total |
| Management And General | 68575 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31500 | Total |
| Management And General | 31500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 406343 | Total |
| Program Services | 224644 | ProgramServices |
| Management And General | 181041 | ManagementAndGeneral |
| Fundraising | 658 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144113 | Total |
| Program Services | 40267 | ProgramServices |
| Management And General | 103846 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1005970 | Total |
| Program Services | 560021 | ProgramServices |
| Management And General | 405047 | ManagementAndGeneral |
| Fundraising | 40902 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 417029 | Total |
| Management And General | 417029 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 250146 | Total |
| Program Services | 201730 | ProgramServices |
| Management And General | 46582 | ManagementAndGeneral |
| Fundraising | 1834 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 603025 | Total |
| Management And General | 603025 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1231097 | Total |
| Management And General | 1231097 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66630 | Total |
| Management And General | 66630 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICE | 748252 | 722228 | 4409 | 21615 |
| REPAIRS AND MAINTENANCE | 580397 | 41190 | 539207 | |
| MISCELLANEOUS | 417916 | 266382 | 63516 | 88018 |
| OFF CAMPUS PROGRAMS | 399183 | 399183 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272831 | Total |
| Program Services | 2966153 | ProgramServices |
| Management And General | -2693322 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20837565 | Total |
| Program Services | 15960209 | ProgramServices |
| Management And General | 3948603 | ManagementAndGeneral |
| Fundraising | 928753 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6545322 | BOY |
| EOY | 7044577 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 246027 | BOY |
| EOY | 247218 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 974949 | BOY |
| EOY | 633894 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210292 | BOY |
| EOY | 80111 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 789589 | BOY |
| EOY | 813773 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34421370 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10854965 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20301770 | BOY |
| EOY | 23566405 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10316777 | BOY |
| EOY | 9806152 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1681308 | BOY |
| EOY | 265312 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41066034 | BOY |
| EOY | 42457442 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225096 | BOY |
| EOY | 364739 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9125594 | BOY |
| EOY | 9643318 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15570415 | BOY |
| EOY | 15416248 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24921105 | BOY |
| EOY | 25424305 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12690111 | BOY |
| EOY | 13806213 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2120428 | BOY |
| EOY | 1881109 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1334390 | BOY |
| EOY | 1345815 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16144929 | BOY |
| EOY | 17033137 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41066034 | BOY |
| EOY | 42457442 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1289923 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -401715 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10615317 | BeginningOfYearBalance |
| Contributions | 13574 | Contributions |
| Investment Earnings Or Losses | -144547 | InvestmentEarningsOrLosses |
| Other Expenditures | 464492 | OtherExpenditures |
| End Of Year Balance | 10019852 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9540024 | BeginningOfYearBalance |
| Contributions | 13354 | Contributions |
| Investment Earnings Or Losses | 1507573 | InvestmentEarningsOrLosses |
| Other Expenditures | 445634 | OtherExpenditures |
| End Of Year Balance | 10615317 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8830172 | BeginningOfYearBalance |
| Contributions | 31234 | Contributions |
| Investment Earnings Or Losses | 1177381 | InvestmentEarningsOrLosses |
| Other Expenditures | 498763 | OtherExpenditures |
| End Of Year Balance | 9540024 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10914743 | BeginningOfYearBalance |
| Contributions | 146948 | Contributions |
| Investment Earnings Or Losses | -1678513 | InvestmentEarningsOrLosses |
| Other Expenditures | 553006 | OtherExpenditures |
| End Of Year Balance | 8830172 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.72000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.22000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 181047 | OtherCostOrOtherBasis |
| Book Value | 181047 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30229117 | OtherCostOrOtherBasis |
| Depreciation | 8242579 | Depreciation |
| Book Value | 21986538 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1487882 | OtherCostOrOtherBasis |
| Depreciation | 864300 | Depreciation |
| Book Value | 623582 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2316563 | OtherCostOrOtherBasis |
| Depreciation | 1599928 | Depreciation |
| Book Value | 716635 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 206761 | OtherCostOrOtherBasis |
| Depreciation | 148158 | Depreciation |
| Book Value | 58603 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23566405 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| EQUITY MUTUAL FUNDS | 4242558 | F |
| FIXED INCOME MUTUAL FUNDS | 2289617 | F |
| MULTI-STRATEGY HEDGE FUND | 3273977 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9806152 | TotalOfBookValueSecurities |
| Total Revenue | 22127488 | TotalRevenue |
| Total Expenses | 20837565 | TotalExpenses |
| Excess Or Deficit For Year | 1289923 | ExcessOrDeficitForYear |
| Other | -$401,715 | OtherAmount |
| Total Adjustments | -401715 | TotalAdjustments |
| Excess Or Deficit Per FS | 888208 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21725773 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -401715 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -401715 | RevenueNotRptdF990 |
| Revenue Subtotal | 22127488 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 22127488 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20837565 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20837565 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 20837565 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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, 2012, 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 XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED LOSS -401,715. | |
| PART V, LINE 4 EARNINGS FROM PERMANENTLY RESTRICTED ASSETS MAY BE USED FOR OPERATIONS, BUT THE PRINCIPAL MAY NOT BE SPENT. |
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 | EVERY DECEMBER THE ORGANIZATION PUBLISHES A JOINT ADVERTISEMENT WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | CAYMAN ISLANDS - BASED HEDGE FUND INVESTMENT | TypeOfActivitiesConducted |
| Total Expenditures | 3273977 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3273977 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 3273977 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| TUITION FINANCIAL AID | 111 | 3297004 |
| SUMMER PROGRAM FINANCIAL AID | 52 | 147219 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PETER HUTTON | |||||||||||||
| 338430 | 0 | 0 | 0 | 0 | 0 | 29094 | 0 | 55936 | 0 | 423460 | 0 | 0 | 0 |
| TIMOTHY PARSON | |||||||||||||
| 199486 | 0 | 0 | 0 | 0 | 0 | 17200 | 0 | 12936 | 0 | 229622 | 0 | 0 | 0 |
| KAREN WOOD | |||||||||||||
| 165169 | 0 | 0 | 0 | 0 | 0 | 14240 | 0 | 12880 | 0 | 192289 | 0 | 0 | 0 |
| NATHANIEL SALTONSTALL | |||||||||||||
| 128987 | 0 | 0 | 0 | 0 | 0 | 11120 | 0 | 12788 | 0 | 152895 | 0 | 0 | 0 |
| NANCY CARUSO | |||||||||||||
| 153019 | 0 | 0 | 0 | 0 | 0 | 12800 | 0 | 484 | 0 | 166303 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN A SCHOOL-OWNED RESIDENCE AS PART OF HIS CONTRACT. A PORTION ($43,000)OF THE FIGURE SHOWN IN PART II (D) INCLUDES THE VALUE OF THIS HOUSING BASED ON COMPARABLE LOCAL RENTALS. | 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 |
| Date Issued | 2010-02-11 | DateIssued |
| Issue Price | 15790000 | IssuePrice |
| Description Of Purpose | REFINANCE DEBT & ASSOCIATED COSTS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 373752 | AmountRetired |
| Total Proceeds | 15790000 | TotalProceeds |
| Issuance Costs From Proceeds | 159450 | IssuanceCostsFromProceeds |
| Other Spent Proceeds | 15630550 | OtherSpentProceeds |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 1 | 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 |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 1 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25652 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AFTER SALE | 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 | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE SCHOOL UTILIZES A THIRD PARTY INVESTMENT BROKER TO SELL ITS DONATED PUBICLY TRADED SECURITIES UPON RECEIPT. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 XI, LINE 5: | UNREALIZED LOSS -401,715. TOTAL TO FORM 990, PART XI, LINE 5: -401,715. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| NO CHANGES |