2011-03-08T08:16:11-06:00 2010-06-30 CBIZ Tofias 350 Massachusetts Avenue Cambridge MA 02139 990 2009-07-01 042103751 BUCKINGHAM BROWNE & NICHOLS SCHOOL BUCK 6175476100 80 GERRYS LANDING ROAD CAMBRIDGE MA 021385595 Thompson Greenlaw 6178002710 2011-03-01 1 joseph m giso mst 6177610600 2011-03-01 2009 2016-02-24 21:20:13Z Rebecca T Upham 80 GERRYS LANDING ROAD CAMBRIDGE MA 021385595 42441217 0 X WWW.BBNS.ORG X 1912 MA SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT 28 27 559 300 0 -251674 5106592 3264360 31750468 33050960 -109361 1307550 0 36747699 37622870 5302035 5653495 0 22035699 22291655 0 1020913 12044520 11358405 39382254 39303555 -2634555 -1680685 126360542 130710386 38047002 39164516 88313540 91545870 SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT 0 0 31571005 5624053 31333374 BUCKINGHAM BROWNE & NICHOLS SCHOOL IS A CO-EDUCATIONAL DAY SCHOOL FOR CHILDREN GRADES KINDERGARTEN THROUGH TWELVE THAT STRIVES FOR THE PURSUIT OF EDUCATIONAL EXCELLENCE WHILE CELEBRATING THE DIVERSITY OF ITS COMMUNITY AND FOSTERING INTELLECTUAL CURIOSITY, CRITICAL THINKING AND A DEEP CONCERN AND RESPECT FOR OTHERS.Students: 987 total students: 329 Lower School; 169 Middle School; 489 Upper SchoolStudent Demographics: 482 boys; 505 girls; 26% students of colorAdmission Statistics: Approximately 900 applications for approximately 170 places.Teaching Faculty: 144 total; 83 percent have advanced degrees Financial Aid: 24% percent of the student body (235 students)College Counseling: 4 counselors available for guidanceCollege Matriculation: The Class of 2010 entered 66 different colleges and universitiesBB&N's commitment to diversity is integral to the mission and vision of the School. The different perspectives and experiences of our students define the fabric of our community. These many perspectives and experiences contribute to the growth of the individuals who call BB&N their alma mater and shape the classroom and extracurricular experiences. To have as classmates and friends people who are different from oneself, to come to truly know the background, experiences, and beliefs of a new friend, is to learn more deeply about oneself and our world. There is no more important attribute in the preparation for global citizenship. No amounts have been reflected in the FORM 990 for MANY HOURS OF contributed services FROM VOLUNTEERS. However, many individuals volunteer their time and perform a variety of tasks that assist the School with its activities. The value of this contributed time AND EFFORT IS Not reflected in the FORM 990. Each year over 300 BB&N alumni/ae, parents and friends support the School by volunteering their time. This generous support allows BB&N to accomplish many of the things that set it apart from other independent day schools. We are able to retain the most qualified and dynamic faculty, provide tremendous art and athletic programs, maintain beautiful grounds and buildings, and provide financial assistance to qualified students. 830112 29440 1227052 BUCKINGHAM BROWNE & NICHOLS SCHOOL HOLDS A SUMMER CAMP FOR BOSTON AREA CHILDREN EACH SUMMER THAT PROVIDES MEMBERS OF THE SCHOOL AND LOCAL COMMUNITY WITH A HIGH QUALITY, AFFORDABLE OPTION TO EDUCATE AND ENTERTAIN THEIR CHILDREN DURING SUMMER VACATION. 48986 490534 BUCKINGHAM BROWNE & NICHOLS SCHOOL HOLDS MANY CULTURAL, SOCIAL AND EDUCATIONAL PROGRAMS FOR MEMBERS OF ITS COMMUNITY THROUGHOUT THE YEAR THAT STRIVE TO INCREASE UNDERSTANDING OF CULTURE, DIVERSITY AND INTELLECTUAL ISSUES. 32450103 1 1 0 1 0 0 0 0 1 1 1 0 1 0 0 0 0 1 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 74 0 559 1 1 1 0 0 0 0 0 0 0 0 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X thompson greenlaw cfo 6178002710 46 belmont street watertown MA 02472 Rebecca T Upham head 50.00 X X 389838 0 107366 j stuart ablon phd 1.00 X 0 0 0 Charles A Brizius 1.00 X 0 0 0 joseph chung 1.00 X 0 0 0 kathleen m dorkin 1.00 X 0 0 0 Domenic Ferrante 1.00 X 0 0 0 john p fulginiti 1.00 X 0 0 0 paul s grogan 1.00 X 0 0 0 Gary F Gut 1.00 X X 0 0 0 Laura Hodges Taylor 1.00 X X 0 0 0 Heidi M Lehner 1.00 X 0 0 0 Cory Little 1.00 X 0 0 0 elizabeth m loughlin 1.00 X 0 0 0 joel c monell 1.00 X 0 0 0 james f mooney iii 1.00 X 0 0 0 shelly nemirovsky 1.00 X 0 0 0 john reichenbach 1.00 X 0 0 0 ann sagan 1.00 X 0 0 0 Robert Segel 1.00 X 0 0 0 Matthew K Sidman 1.00 X 0 0 0 Patricia Simboli 1.00 X 0 0 0 Peter L Slavin md 1.00 X X 0 0 0 Eric Slifka 1.00 X 0 0 0 Rebekah Splaine 1.00 X 0 0 0 cheryl whitedear 1.00 X 0 0 0 Clarence G Williams Jr 1.00 X 0 0 0 gwill york 1.00 X 0 0 0 brace young 1.00 X X 0 0 0 Thompson Greenlaw 50.00 X 215742 0 34536 Sherwood Haskins 50.00 X 219480 0 32385 Charles Ruopp 50.00 X 161291 0 32800 John Knapp 50.00 X 144710 0 22141 Susan Scarborough 50.00 X 145095 0 26175 George Mitchell 50.00 X 105130 0 26560 Mary Dolbear 50.00 X 101630 0 27299 james mead 50.00 X 128157 0 24832 harry thomas 50.00 X 126021 0 10418 Robert O'Brien 50.00 X 115611 0 22283 1852705 0 366795 14 1 1 0 atrion networking corporation 30 service avenue warwick RI 02886 network consultant & installation 983416 Facilitech Facility Services 360 pearl STREET maldeN MA 02148 Maintenance & Security Consultant 314300 Cambridge Associates 100 summer street boston MA 02110 Investment Consultant 160000 innovative benefit solutions 11 clifton avenue marblehead MA 01945 hr consultant 150508 austin architects 38 cameron avenue cambridge MA 02140 architect 103917 5 3264360 3264360 student tuition 900099 31333374 31333374 summer & other tuition 900099 1227052 1227052 other revenue 900099 490534 490534 33050960 702048 702048 5143696 280153 4817991 356 325705 279797 605502 605502 37622870 33050960 0 1307550 5653495 5653495 1193438 92162 1101276 16328529 13871406 1794736 662387 1113281 965856 126890 20535 2382270 1937697 403375 41198 1274137 1003708 249089 21340 89096 9524 79558 14 65000 6500 58500 648400 615980 32420 86128 62451 14594 9083 552071 371914 91205 88952 1314827 1314827 2682764 2548626 134138 168991 139488 29503 consulting & other serv 3690404 2248745 1344635 97024 Supplies 1104070 964671 105519 33880 equipment rental/maint. 419952 395124 24828 0 printing & publications 265983 119356 112272 34355 telephone 101578 53568 46832 1178 169141 75005 83169 10967 39303555 32450103 5832539 1020913 8873008 7781039 9324492 5829993 4832812 2935391 6315611 6378284 100638 109631 69165 60432 476871 389961 68886106 18149105 51843085 50737001 44238704 56212968 286156 275686 126360542 130710386 3719712 3646284 948045 921705 15000000 15000000 18379245 19596527 38047002 39164516 X 55673938 56024728 7518316 8224607 25121286 27296535 88313540 91545870 126360542 130710386 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 700 700 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: The organization pays $700 in membership dues to a member organization which may engage in lobbying activities. Therefore, a portion of the dues may be attributable to lobbying activities. 46421256 2533250 5501629 2115087 52341049 46963097 8429653 -7209930 1761564 46421256 0.42600 0.48200 0.09200 0 0 789381 789381 60812962 15322404 45490558 2166222 216493 1949729 4155423 2610208 1545215 962118 962118 50737001 BOND ISSUANCE COSTS 275686 275686 STUDENT DEPOSITS 2090972 OTHER DEFERRED INCOME 13904971 ANNUITY PAYABLE 252793 ASSET RETIREMENT OBLIGATION 495198 INTEREST RATE SWAP CONTRACT 2852593 19596527 37622870 39303555 -1680685 4913015 4913015 3232330 36588999 4913015 4913015 31675984 322833 5624053 5946886 37622870 33356669 0 33356669 322833 5624053 5946886 39303555 Part X: Description of Uncertain Tax Positions Under FIN 48: The School accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense. The School has identified its tax status as a tax exempt entity as a tax position; however, the School has determined that such tax position does not result in an uncertainty requiring recognition. The School is not currently under examination by any taxing jurisdiction. Federal and state income tax returns are generally open for the past three years after the date of filing the related return. Part XII, Line 4b - Other Adjustments: FINANCIAL AID: 5624053. Part XIII, Line 4b - Other Adjustments: FINANCIAL AID: 5624053. 1 1 1 notice of racial non-discrimination policy is published online at www.aisne.org. it is also published in the employee handbook, on the organization's website and in a financial supplement which is provided to all families when students enroll. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X X X X X 1 marts & lundy consultant 0 0 15612 0 15612 1 financial aid 235 5653493 0 financial aid Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Scholarships are applied against tuition charged by the organization. Families submit their financial information through the Princeton service that calculates the amount that a family can afford to pay for tuition. The School periodically checks tax returns with the IRS to confirm that the data provided is accurate. The School follows the Princeton recommendations and applies the grant to the tuition charged. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Rebecca T Upham head 386650 0 0 0 3188 0 64475 0 42891 0 497204 0 0 0 Thompson Greenlaw 215604 0 0 0 138 0 17740 0 16796 0 250278 0 0 0 Sherwood Haskins 210472 0 0 0 9008 0 17201 0 15184 0 251865 0 0 0 Charles Ruopp 161033 0 0 0 258 0 13389 0 19411 0 194091 0 0 0 John Knapp 143948 0 0 0 762 0 11787 0 10354 0 166851 0 0 0 Susan Scarborough 144957 0 0 0 138 0 11888 0 14287 0 171270 0 0 0 james mead 127941 0 0 0 216 0 6951 0 17881 0 152989 0 0 0 harry thomas 125928 0 0 0 93 0 4226 0 6192 0 136439 0 0 0 Robert O'Brien 115348 0 0 0 263 0 8385 0 13898 0 137894 0 0 0 Part I, Line 1a the head of school lives in a school owned personal residence. this is for the convenience of the school. the house has an imputed value of $36,000. Part I, Line 4a part i, line 4b: rebecca t. upham participates in a supplemental, non-qualified retirement plan. Mass Development Finance Agency 043431814 57583RGR0 2006-09-25 25000000 REFUND prior BOND ISSUE 1 0 25000000 13700000 314073 10985927 2009 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 1 1 0 bank of new york 30.000000000000 0 na 0 0 Form 990, Part VI, Section B, line 11 The draft version of the form 990 is reviewed and approved by the Audit Committee and then fowarded to the full Board of Trustees for review. The form 990 is then signed and filed with the IRS. Form 990, Part VI, Section B, line 12c All officers, directors and key employees are required to sign a conflict of interest form annually. The forms are reviewed by the Governance Committee of the Board of Trustees and they determine if a potential conflict exists. If a potential conflict is found to exist, that individual is barred from participating in any deliberations or decisions regarding the conflicting matter. Review of the Conflict of Interest Policy is done during Trustee orientation each year. Form 990, Part VI, Section B, line 15 Reasonable Compensation: It is the policy of buckingham brown and nichols school ("the school") to pay no more than reasonable compensation for personal services rendered to the school by officers and employees. The trustees of the school shall not receive compensation for fulfilling their duties as trustees, although trustees may be reimbursed for actual out-of-pocket expenses which they incur in order to fulfill thier duties as trustees. Expenses of spouses will not be reimbursed by the school unless the expenses are necessary to achieve a school purpose. approval of compensation: the board of trustees must approve in advance the amount of all compensation for the officers of the school. Before approving the compensation of an officer, the board shall determine that the total compensation to be provided by the school to the officer is reasonable in amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the School, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the school to the individual in payment for services. at the time of the discussion and decision concerning an officer's compensation, the officer should not be present at the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. the board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data. Compensation for other key employees is determined by the Head of School. Form 990, Part VI, Section C, line 18 Audited financial statements and the form 990 are available from the Massachusetts attorney general's website at http://www.charities.ago.state.ma.us/. Form 1023 and 990-T are available upon request. In addition, various organizational documents are available on the Massachusetts Sectary of State website: http://corp.sec.state.ma.us/corp/corpsearch/corpsearchinput.asp. Form 990, Part VI, Section C, line 19 The organization's governing documents and conflict of interest policy are available upon request. Audited financial statements and the form 990 are available from the Massachusetts attorney general's website. FORM 990, PAGE 11, PART XI: FINANCIAL STMTS & REPORTING LINE 2C DOES ORGANIZATION HAVE A COMMITTEE THAT ASSUMES OVERSIGHT OF AUDIT? THERE HAVE BEEN NO CHANGES IN THE COMMITTEE'S RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: BB&N, a coeducational day School in Cambridge, Massachusetts, was established in 1974 by the merger of two independent Schools, the Buckingham School and the Browne & Nichols School, founded respectively in 1889 and 1883. Located on multiple campuses, we work as one School in pursuit of excellence. We celebrate the diversity of our community which enriches our daily experience. At BB&N, we foster intellectual curiosity, critical thinking and a deep concern and respect for others. Our educational program, coordinated from beginners through grade twelve, provides a rigorous core curriculum, taught in flexible and innovative ways. Students acquire the skills and discipline necessary for academic accomplishment and learn to reflect, take risks and to discover. The curriculum is strengthened by our commitment to a comprehensive program in the arts and athletics. In all of our experiences, both those within the School and those which use our urban location, we encourage self-reliance, knowledge of oneself, and a capacity for leadership. The connections between our faculty and students are at the heart of our School. We ask members of our community to be engaged learners, compassionate individuals, and productive citizens who live our School's motto: "Honor, Scholarship, and Kindness." FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: BB&N, a coeducational day School in Cambridge, Massachusetts, was established in 1974 by the merger of two independent Schools, the Buckingham School and the Browne & Nichols School, founded respectively in 1889 and 1883. Located on multiple campuses, we work as one School in pursuit of excellence. We celebrate the diversity of our community which enriches our daily experience. At BB&N, we foster intellectual curiosity, critical thinking and a deep concern and respect for others. Our educational program, coordinated from beginners through grade twelve, provides a rigorous core curriculum, taught in flexible and innovative ways. Students acquire the skills and discipline necessary for academic accomplishment and learn to reflect, take risks and to discover. The curriculum is strengthened by our commitment to a comprehensive program in the arts and athletics. In all of our experiences, both those within the School and those which use our urban location, we encourage self-reliance, knowledge of oneself, and a capacity for leadership. The connections between our faculty and students are at the heart of our School. We ask members of our community to be engaged learners, compassionate individuals, and productive citizens who live our School's motto: "Honor, Scholarship, and Kindness."