﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-06-08T11:38:52-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>LEATHAM &amp; ASSOCIATES CPA'S</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>490 PLEASANT ST</AddressLine1>
        <City>NEW BEDFORD</City>
        <State>MA</State>
        <ZIPCode>02740</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>263290355</EIN>
      <Name>
        <BusinessNameLine1>SCHOONER ERNESTINA-MORRISEY</BusinessNameLine1>
        <BusinessNameLine2>ASSOCIATION INC</BusinessNameLine2>
      </Name>
      <NameControl>SCHO</NameControl>
      <Phone>5089924900</Phone>
      <USAddress>
        <AddressLine1>PO BOX 2995</AddressLine1>
        <City>NEW BEDFORD</City>
        <State>MA</State>
        <ZIPCode>027412995</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JULIUS BRITTO</Name>
      <Title>VICE PRESIDENT/TREASURER</Title>
      <Phone>5089924900</Phone>
      <DateSigned>2011-05-31</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>DOUGLAS LEATHAM CPA</Name>
      <Phone>5089965282</Phone>
      <DatePrepared>2011-06-08</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="RetDoc4" referenceDocumentId="RetDoc3">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc2">X</Organization501c3>
      <GrossReceipts>86528</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>86528</ContributionsGiftsGrantsEtc>
      <TotalRevenue>86528</TotalRevenue>
      <FeesAndOthPymtToIndContractors>1750</FeesAndOthPymtToIndContractors>
      <PrintingPublicationsPostage>3221</PrintingPublicationsPostage>
      <OtherExpensesTotal>17500</OtherExpensesTotal>
      <TotalExpenses>22471</TotalExpenses>
      <ExcessOrDeficitForYear>64057</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>12953</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>77010</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>830</BOY>
        <EOY>26596</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>12123</BOY>
        <EOY>50414</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>12953</BOY>
        <EOY>77010</EOY>
      </TotalAssets>
      <NetAssetsOrFundBalances>
        <BOY>12953</BOY>
        <EOY>77010</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS FROM GOVERNMENT SOURCES, CORPORATIONS, FOUNDATIONS, AND INDIVIDUALS TO PROVIDE FOR THE REPAIRS AND MAINTENANCE, EQUIPMENT, MANNING, PROGRAMMING, AND OPERATION OF THE SCHOONER ERNESTINA AS A SAIL TRAINING VESSEL, SCHOOL SHIP, AND EDUCATIONAL ENTERPRISE.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>THE ORGANIZATION RAISED FUNDS NEEDED FOR MAJOR REPAIRS ON THE SCHOONER ERNESTINA-MORRISEY.</DescriptionProgramServiceAccom>
      </ProgramServiceAccomplishment>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">MARY ANNE MCQUILLAN</PersonName>
        <AddressUS>
          <AddressLine1>66 CHIPAWAY ROAD</AddressLine1>
          <City>EAST FREETOWN</City>
          <State>MA</State>
          <ZIPCode>02717</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">ROBERT HILDRETH</PersonName>
        <AddressUS>
          <AddressLine1>210 RIDGEWAY ROAD</AddressLine1>
          <City>WESTON</City>
          <State>MA</State>
          <ZIPCode>02493</ZIPCode>
        </AddressUS>
        <Title>CLERK</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">JULIUS BRITTO</PersonName>
        <AddressUS>
          <AddressLine1>194 BURGESS AVENUE</AddressLine1>
          <City>ROCHESTER</City>
          <State>MA</State>
          <ZIPCode>02770</ZIPCode>
        </AddressUS>
        <Title>V.PRES/TREAS</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">JOHN BUDDY ANDRADE</PersonName>
        <AddressUS>
          <AddressLine1>213 ACUSHNET AVENUE</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02740</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">JOHN BULLARD</PersonName>
        <AddressUS>
          <AddressLine1>19 IRVING STREET</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02740</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">MARC PIRES</PersonName>
        <AddressUS>
          <AddressLine1>50 VALENTINE STREET</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02744</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">WILLI BANK</PersonName>
        <AddressUS>
          <AddressLine1>70 COTTAGE STREET</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02740</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">CHRISTOPHER DAVIS</PersonName>
        <AddressUS>
          <AddressLine1>92 CALUMET STREET</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02744</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc1">POLLY ZAJAC</PersonName>
        <AddressUS>
          <AddressLine1>126 ARNOLD STREET</AddressLine1>
          <City>NEW BEDFFORD</City>
          <State>MA</State>
          <ZIPCode>02740</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>MA</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>THE ORGANIZATION</NamePerson>
        <AddressUS>
          <AddressLine1>PO BOX 2995</AddressLine1>
          <City>NEW BEDFORD</City>
          <State>MA</State>
          <ZIPCode>02741</ZIPCode>
        </AddressUS>
        <TelephoneNumber>5089924900</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc2">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus1Year>14039</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>86528</CurrentTaxYear>
        <Total>100567</Total>
      </GiftsGrantsContribReceived509>
      <Total509>
        <CurrentTaxYearMinus1Year>14039</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>86528</CurrentTaxYear>
        <Total>100567</Total>
      </Total509>
      <PublicSupportTotal509>100567</PublicSupportTotal509>
      <OtherIncome509>
        <CurrentTaxYear>4547</CurrentTaxYear>
        <Total>4547</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <CurrentTaxYearMinus1Year>14039</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>91075</CurrentTaxYear>
        <Total>105114</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.95670</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc3">
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>EXPENSES PROMOTIONAL MATERIALS 4,246 WEBSITE 5,552 SUPPLIES 30 EQUIPMENT 196 INSURANCE - DIRECTORS 687 FILING FEES 72 BANK FEES 221 CFSEMA FEES 763 FUND RAISER 5,733 TOTAL 17,500</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER ASSETS</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 24</ReturnReference>
        <Explanation>PLEDGES RECEIVABLE 12,123 35,919 UNDEPOSITED FUNDS 0 14,495 TOTAL 12,123 50,414</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PRIMARY EXEMPT PURPOSE</Identifier>
        <ReturnReference>FORM 990-EZ, PART III</ReturnReference>
        <Explanation>THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS FROM GOVERNMENT SOURCES, CORPORATIONS, FOUNDATIONS, AND INDIVIDUALS TO PROVIDE FOR THE REPAIRS AND MAINTENANCE, EQUIPMENT, MANNING, PROGRAMMING, AND OPERATION OF THE SCHOONER ERNESTINA AS A SAIL TRAINING VESSEL, SCHOOL SHIP, AND EDUCATIONAL ENTERPRISE.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="RetDoc1">
      <Compensation>
        <PersonName>MARY ANNE MCQUILLAN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ROBERT HILDRETH</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JULIUS BRITTO</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JOHN BUDDY ANDRADE</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JOHN BULLARD</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>MARC PIRES</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>WILLI BANK</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>CHRISTOPHER DAVIS</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>POLLY ZAJAC</PersonName>
      </Compensation>
    </CompensationExplanation>
  </ReturnData>
</Return>