2011-11-11T14:14:53-06:00 2011-06-30 CBIZ TOFIAS 56 EXCHANGE TERRACE PROVIDENCE RI 02903 990 2010-07-01 042103964 THE CAMBRIDGE SCHOOL OF WESTON INC CAMB 7816428600 45 GEORGIAN ROAD WESTON MA 02493 SUSAN WARD 7816428600 2011-11-07 1 JOHN T WILMOT 4016263200 2010 2016-03-07 17:11:31Z JANE MOULDING 45 GEORGIAN ROAD WESTON MA 02493 15227232 0 X WWW.CSW.ORG X 1936 MA SEE SCHEDULE O 29 22 247 175 0 0 818408 783109 13732351 13767877 93852 109429 193458 160651 14838069 14821066 2359791 2633246 0 0 7526728 7382038 0 0 615236 4213105 4537298 14099624 14552582 738445 268484 35321359 37455202 12997552 14025507 22323807 23429695 X SEE SCHEDULE O 0 1 11800682 2524184 13372528 THE CAMBRIDGE SCHOOL OF WESTON IS A PROGRESSIVE, COEDUCATIONAL, DAY AND BOARDING SCHOOL FOR GRADES 9 THROUGH 12, AND POST GRADUATE. ESTABLISHED IN 1886, WE ARE DEDICATED TO FOSTERING INDIVIDUAL STRENGTHS AND MULTIPLE INTELLIGENCES THROUGH A WIDE RANGE OF CHALLENGING COURSES AND A VARIETY OF TEACHING STYLES.OUR UNIQUE MODULE SYSTEM FOSTERS DEEP LEARNING AND INNOVATIVE TEACHING IN ALL DISCIPLINES. CLASSES ARE AN HOUR-AND-A-HALF LONG, AND STUDENTS CONCENTRATE INTENSELY ON THREE SUBJECTS AT A TIME. OUR CURRICULUM IS DIVERSE AND INTERDISCIPLINARY, COMBINING DEMANDING ACADEMICS WITH EXTENSIVE OFFERINGS IN THE VISUAL AND PERFORMING ARTS.STUDENTS ARE ENCOURAGED TO EXPLORE NEW EDUCATIONAL EXPERIENCES AND AREAS OF STUDY, AND TO BE PROACTIVE IN PLANNING THEIR ACADEMIC SCHEDULES. WE OFFER MORE THAN 300 COURSES. NO TWO STUDENT SCHEDULES ARE ALIKE. EACH STUDENT WORKS WITH AN ADVISOR AND THE ACADEMIC OFFICE TO CREATE A UNIQUE ACADEMIC SCHEDULE THAT BALANCES PERSONAL INTERESTS WITH COLLEGE EXPECTATIONS AND THE SCHOOL'S REQUIREMENTS FOR GRADUATION. ULTIMATELY, EACH STUDENT SCHEDULE AIMS TO PROVIDE BALANCE, RIGOR, AND STIMULATION THROUGHOUT THE YEAR.ENROLLMENT WAS 253 DAY STUDENTS AND 85 BOARDING STUDENTS. 307702 109062 439871 SUMMER ARTS AT THE CAMBRIDGE SCHOOL OF WESTON IS A 5-WEEK MULTI-ARTS PROGRAM WHERE STUDENTS NOURISH THEIR IMAGINATIONS AND EXPLORE THEIR CREATIVITY. HERE THEY EXPRESS THEIR INDIVIDUALITY, TAKE ARTISTIC RISKS, AND LEARN NEW SKILLS, EVERY DAY. OUR COMMUNITY THRIVES ON A BLEND OF CULTURAL AND ECONOMIC BACKGROUNDS AND INSPIRING AND EXPERIENCED TEACHERS. AT SUMMER ARTS, KIDS ARE LAUNCHED INTO A RICH EXPERIENCE OF SHARED LEARNING AND SIMPLY, HAVE FUN. 12108384 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 82 0 1 247 1 0 0 0 0 0 0 0 0 0 0 X 29 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X ROBERT R LAVERDURE 7816428643 45 GEORGIAN ROAD WESTON MA 02493 BEN ALIMANSKY 1.00 X 0 0 0 JOHN BUTMAN 2.00 X X 0 0 0 FANGDAI CHEN 1.00 X 0 0 0 AMY CODY 1.00 X 0 0 0 MARK CULLITON 1.00 X X 0 0 0 RACHAEL DORR 1.00 X X 0 0 0 WILLIAM FREEDBERG 1.00 X 0 0 0 MARGIE GARNER-PERSE 1.00 X 0 0 0 LISA HIRSCH 40.00 X 65398 0 36301 JOHN HOLLERAN 1.00 X 0 0 0 POLLY HOWELLS 1.00 X X 0 0 0 JENNIFER JONES-CLARK 1.00 X 0 0 0 JEAN KILBOURNE 1.00 X 0 0 0 CARL LACOMBE 40.00 X 58090 0 8215 CHARLO MAURER 1.00 X 0 0 0 BOB METCALF 1.00 X 0 0 0 JILL MILLER 1.00 X 0 0 0 ROB MOIR 1.00 X 0 0 0 JANE MOULDING 50.00 X X 176348 0 53133 CHRISTIAN NOLEN 1.00 X 0 0 0 DEBORAH PRESSMAN 1.00 X 0 0 0 SARITA SHAH 1.00 X 0 0 0 JOHN THOMPSON 1.00 X 0 0 0 EDUARDO TUGENDHAT 1.00 X 0 0 0 ERIC VON HIPPEL 1.00 X 0 0 0 SUSAN WARD 2.00 X X 0 0 0 SHEILA WATSON 2.00 X X 0 0 0 JOHN WELTMAN 1.00 X 0 0 0 ANKI WOLF 2.00 X X 0 0 0 ROBERT LAVERDURE 40.00 X 109596 0 11021 JANET MINER 40.00 X 108983 0 15170 JOAN BERNHARDT-FORMER 40.00 X 55034 0 28824 MARTHA FISCHHOFF-FORMER 40.00 X 27970 0 4632 601419 0 157296 3 1 1 0 CHARTWELLS PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 688768 FACILITIES MGMT AND MAINT INC 108 MAVERICK STREET EAST BOSTON MA 02128 CLEANING AND JANITORIAL SERVICES 212211 OUNCEIT LLC PO BOX 538 UPTON MA 01568 IT SERVICES/SUPPORT 137192 BEDFORD CHARTER SERVICE INC 11 RAILROAD AVENUE BEDFORD MA 01730 TRANSPORTATION 134461 FREINER COMPANY INC PO BOX 469 BELMONT MA 02478 REPAIRS/RENOVATIONS 110907 5 783109 51111 783109 TUITION AND FEES 900099 13328006 13328006 SUMMER PROGRAMS 900099 439871 439871 13767877 110260 110260 33600 7999 25601 25601 25601 308821 309652 -831 -831 -831 100725 39295 61430 61430 78318 49220 29098 29098 MISCELLANEOUS REVENUE 900099 44522 44522 44522 14821066 13812399 0 225558 2633246 2633246 633485 275855 176136 181494 65261 65261 5423092 4480003 763231 179858 207974 168236 33529 6209 555309 470837 62132 22340 496917 395971 77229 23717 8402 8402 56952 56952 26198 26198 235168 188285 32033 14850 50758 5514 39441 5803 417433 417433 72774 26316 21379 25079 28823 15840 5914 7069 396448 396448 977980 977980 68747 68747 EQUIPMENT RENTAL AND MA 441485 365827 75658 DINING EXPENSES 262542 262542 CLEANING SERVICES 222758 222758 INSTRUCTIONAL SUPPORT E 186407 186407 CONSULTANTS 178502 2460 176042 905921 482418 274686 148817 14552582 12108384 1828962 615236 19270 10517 8204560 10163926 1943566 1203144 100883 82239 18536 12389 126250 243676 29609080 9115445 20877826 20493635 4030468 4962101 283575 35321359 37455202 1235473 1089406 4335683 5592373 6755000 7322261 34858 21467 636538 0 12997552 14025507 X 17245057 17968050 2085036 2445717 2993714 3015928 22323807 23429695 35321359 37455202 X 268484 837404 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4084390 127199 806495 5018084 3421506 535684 -127200 4084390 4722263 -1175551 125206 3421506 0.28720 0.47710 0.23570 0 0 62343 62343 684700 24550750 6258629 18976821 3564519 2549871 1014648 746768 306945 439823 20493635 NON-READILY MARKETABLE INVESTMENTS IN COMMON FUND MUTUAL FUNDS 4962101 F 4962101 14821066 14552582 268484 704232 85200 47972 837404 1105888 13082443 704232 190391 894623 12187820 2633246 2633246 14821066 11976555 57219 57219 11919336 2633246 2633246 14552582 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE CAMBRIDGE SCHOOL OF WESTON MAINTAINS ITS ENDOWMENT FUNDS TO DIRECTLY SUPPORT FACULTY SALARIES, INSTRUCTIONAL & ACADEMIC SUPPORT, STUDENT ACTIVITIES AND SCHOLARSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. 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 JURISDICTIONS. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 47,972. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOOL STORE EXPENSES 49,220. RENTAL EXPENSES 7,999. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 47,972. PRIOR PERIOD ADJUSTMENT FOR ARTWORK INCLUDED IN REVENUE FOR FINANCIALS. 85,200. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,633,246. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SCHOOL STORE EXPENSES 49,220. RENTAL EXPENSES 7,999. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,633,246. 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 YEARLY AN ADVERTISEMENT APPEARS IN THE BOSTON GLOBE NEWSPAPER AS PART OF AN ASSOCIATION FOR INDEPENDENT SCHOOLS OF NEW ENGLAND: "NOTICE OF NONDISCRIMINATION POLICY AS TO STUDENTS" ART AUCTION 100725 100725 6425 32870 100725 100725 6425 32870 39295 61430 1 NEED-BASED FINANCIAL AID 91 2272184 FMV SCHOLARSHIPS TUITION REMISSION 52 361062 FMV TUITION REMISSION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID SCHOLARSHIPS ARE GRANTED TO CAMBRIDGE SCHOOL OF WESTON STUDENTS WHO DEMONSTRATE FINANCIAL NEED. THE FINANCIAL AID BUDGET IS APPROVED BY THE BOARD OF TRUSTEES. THE CAMBRIDGE SCHOOL OF WESTON OFFERS TUITION DISCOUNTS TO QUALIFYING EMPLOYEES FOR ITS TWO MAJOR PROGRAMS - THE HIGH SCHOOL AND SUMMER CAMP. SCHOLARSHIP FUNDS AND TUITION REMISSION AMOUNTS ARE APPLIED DIRECTLY TO STUDENT'S ACCOUNTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JANE MOULDING 176348 0 0 0 0 0 8900 0 44233 0 229481 0 0 0 JOAN BERNHARDT-FORMER 55034 0 0 0 0 0 2605 0 26219 0 83858 0 0 0 MARTHA FISCHHOFF-FORMER 27970 0 0 0 0 0 1383 0 3249 0 32602 0 0 0 PART I, LINE 1A THE CAMBRIDGE SCHOOL OF WESTON HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS. THE SCHOOL PROVIDES A PERSONAL RESIDENCE ON CAMPUS FOR THE FAMILY OF THE HEAD OF SCHOOL. THE ESTIMATED VALUE OF THIS NONTAXABLE BENEFIT IS $33,600, WHICH IS BASED ON THE RENTAL INCOME RECEIVED BY CSW ON A COMPARABLE HOUSE ON THE SCHOOL'S PROPERTY. MASS DEVELOPMENT FINANCE AGENCY 043431815 2011-02-02 11000000 REFINANCING, CONSTRUCTION OF A NEW DORM AND OTHER CAPITAL IMPROVEMENTS. 0 0 0 11000000 215700 7149300 3635000 2011 1 0 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 SEE PART V SEE PART V 34500 NEED-BASED SCHOLARSHIPS FINANCIAL AID GRANTED TO THE CHILDREN OF TRUSTEES IS BASED ON NEED THAT MUST BE DEMONSTRATED THROUGH THE STANDARD APPLICATION FOR FINANCIAL AID PROCESS; FOR PRIVACY CONSIDERATIONS, THE NAMES OF RECIPIENTS ARE NOT DISCLOSED AND ONLY THE TYPE OF ASSISTANCE AND THE AGGREGATE AMOUNT ARE REPORTED ON SCHEDULE L, PART III. X 10 46892 FMV X PHOTOGRAPHY EQUIPMENT 5 2945 ESTIMATE OF FMV X OTHER 4 1274 ESTIMATE OF FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE AMOUNTS REPORTED ON SCHEDULE M, PART I, COLUMN B ARE REPORTED AS THE NUMBER OF CONTRIBUTORS RATHER THAN THE NUMBER OF OF EACH ITEM RECEIVED. MISSION STATEMENT FORM 990, PART I AND PART III THE CAMBRIDGE SCHOOL OF WESTON IS AN INNOVATIVE, COLLABORATIVE DAY AND BOARDING COMMUNITY FOSTERING EDUCATIONAL DEPTH AND RICHNESS SINCE 1886. WE ATTRACT INTELLECTUALLY AND CREATIVELY TALENTED STUDENTS AND FACULTY. OUR STUDENTS WORK TO MASTER ESSENTIAL ACADEMIC SKILLS, AND MOVE BEYOND, PURSUING PERSONAL LEVELS OF EXCELLENCE. THEY ACHIEVE GENUINE ENGAGEMENT IN THE EDUCATIONAL PROCESS BY TAKING AN ACTIVE ROLE IN THEIR LEARNING AND MEETING AUTHENTIC CHALLENGES, BOTH ARTISTIC AND INTELLECTUAL. WE EMBRACE THE PROCESS OF ENRICHING OUR DIVERSE SCHOOL POPULATION. WE WELCOME THE PERSPECTIVES OF DIFFERENT ETHNICITIES, RACES, CLASSES, RELIGIONS AND SEXUAL ORIENTATIONS THAT ENHANCE OUR MUTUAL UNDERSTANDING. OUR RESPECT FOR THE UNIQUE GIFTS OF EACH COMMUNITY MEMBER PROVIDES A SAFE ENVIRONMENT WHERE ALL CAN GROW. WE SEEK TO BALANCE THE NEEDS OF THE INDIVIDUAL WITH THOSE OF THE COMMUNITY. WITHIN THE FRAMEWORK OF A CARING, ETHICAL SCHOOL, WE ENCOURAGE CONSTRUCTIVE CONTRIBUTION BEYOND OUR CAMPUS. STUDENTS TAKE AN ACTIVE ROLE IN DECISION-MAKING, ACQUIRING THE TOOLS TO PARTICIPATE IN A DEMOCRATIC SOCIETY. OUR CORE MISSION IS TO ENABLE OUR STUDENTS TO BECOME THOUGHTFUL, CREATIVE, SOCIALLY RESPONSIBLE, HEALTHY ADULTS. THAT, WE BELIEVE, IS THE BEST PREPARATION FOR COLLEGE - AND FOR LIFE. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 CSW CLOSED THE CHILDREN'S GARDEN TO FOCUS ON THE TWO PROGRAMS THAT ARE MORE CLOSELY ALIGNED WITH THE CORE MISSION OF THE SCHOOL, THE 9 TO 12 HIGH SCHOOL AND SUMMER CAMP. THE PROGRAM WAS CLOSED AS OF 6/30/10. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE SCHOOL'S TREASURER & BOARD CHAIR AND DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY REQUESTS BOARD MEMBERS TO CERTIFY, IN WRITING, THAT THEY HAVE NO CONFLICTS OF INTEREST BY SIGNING A CONFLICT OF INTEREST DISCLOSURE FORM. THE CHAIR OF THE BOARD REVIEWS THE CONFLICT OF INTEREST FORMS TO DETERMINE IF A POTENTIAL CONFLICT EXISTS. IF A POTENTIAL CONFLICT IS FOUND TO EXIST THE MEMBER WOULD BE ASKED TO RESIGN THEIR POSITION ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE CAMBRIDGE SCHOOL OF WESTON IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. AS PART OF ITS SERVICES, NAIS COLLECTS STATISTICS ON INDEPENDENT SCHOOLS RANGING FROM BASIC ENROLLMENT AND GRADES SERVED THROUGH TO HEAD OF SCHOOL COMPENSATION. THROUGH ITS BENCHMARK TOOLS, THE CAMBRIDGE SCHOOL OF WESTON IS ABLE TO CREATE A REPORT BASED ON SCHOOLS OF SIMILAR SIZE AND GRADES THAT ENABLES US TO SURVEY AND COMPARE SALARY INFORMATION FOR HEADS OF SCHOOL AND OTHER KEY POSITIONS. IN ADDITION, THE CAMBRIDGE SCHOOL OF WESTON IDENTIFIES SCHOOLS OF LIKE SIZE IN OUR GEOGRAPHIC AREA AND UTILIZES GUIDESTAR.ORG TO VIEW COMPETITOR SCHOOL'S 990 FOR THE PURPOSES OF COMPARING HEAD OF SCHOOL SALARIES AS WELL AS THAT OF OTHER KEY ADMINISTRATORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 704,232. PRIOR PERIOD ADJUSTMENTS: 85,200. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 47,972. TOTAL TO FORM 990, PART XI, LINE 5: 837,404. EXPLANATION FOR LINE 2C FORM 990, PART XI - FINANCIAL STATEMENTS AND REPORTING RESPONSIBILITIES OF THE AUDIT COMMITTEE HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. EXPLANATION FOR QUESTION 7G FORM 990, PART V - STATEMENTS REGARDING OTHER IRS FILINGS AND TAX COMPLIANC THE SCHOOL DID NOT RECEIVE RECEIVE DONATIONS OF QUALIFIED INTELLECTUAL PROPERTY. EXPLANATION FOR QUESTION 7H FORM 990, PART V - STATEMENTS REGARDING OTHER IRS FILINGS AND TAX COMPLIANC THE SCHOOL DID NOT RECEIVE RECEIVE CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES.