FENN SCHOOL INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- FENN SCHOOL INC (EIN 04-2104064)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201131329349301663
- Schema version
- 2009v1.7
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T09:13:28-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM McGladrey Inc | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 City Square | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 021293742 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104064 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FENN SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FENN | NameControl |
| Phone | 9783695800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 516 MONUMENT STREET | AddressLine1 |
| City | CONCORD | City |
| State | MA | State |
| ZIP Code | 01742 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | david a platt | Name |
| Title | director of fin & ops | Title |
| Phone | 9783695800 | Phone |
| Date Signed | 2011-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179129000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Gerard j g ward | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 516 MONUMENT STREET | AddressLine1 |
| City | CONCORD | City |
| State | MA | State |
| ZIP Code | 01742 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13464662 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.fenn.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1929 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE FENN SCHOOL IS AN ACCREDITED INDEPENDENT DAY SCHOOL FOR APPROXIMATELY 300 BOYS IN GRADES 4 THROUGH 9. THE MAIN OBJECTIVE OF THE SCHOOL IS TO PROVIDE A SOLID, BALANCED CURRICULUM FOR ELEMENTARY AND MIDDLE SCHOOL AGE BOYS, WITH EMPHASIS ON ACADEMICS, ARTS, AND ATHLETICS. THROUGH COORDINATED COURSES THAT INTEGRATE ACROSS DISCIPLINES, THE SCHOOL PREPARES STUDENTS FOR RIGOROUS SECONDARY SCHOOL WORK AND ACADEMIC ACHIEVEMENT | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 218 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2608647 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2430198 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10720249 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10543718 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 974694 | InvestmentIncomePriorYear |
| Investment Income Current Year | 387005 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 139213 | OtherRevenuePriorYear |
| Other Revenue Current Year | 103741 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14442803 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13464662 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 946851 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1011627 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7944588 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7850222 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 35470 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 60249 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 739006 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4039970 | OtherExpensePriorYear |
| Other Expenses Current Year | 3857078 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12966879 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12779176 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1475924 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 685486 | RevenuesLessExpensesCY |
| Total Assets BOY | 34516554 | TotalAssetsBOY |
| Total Assets EOY | 38157418 | TotalAssetsEOY |
| Total Liabilities BOY | 8560488 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9816246 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25956066 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28341172 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FENN SCHOOL SEEKS TO PREPARE BOYS FOR A LIFETIME OF LEARNING, LEADERSHIP, AND INTEGRITY BY OFFERING A BROAD AND CHALLENGING EDUCATIONAL PROGRAM IN A PERSONAL COMMUNITY THAT HONORS DIVERSITY. INSPIRED BY THE IDEALS OF HONESTY, RESPECT, EMPATHY, COURAGE, AND GUIDED BY THE MOTTO, SUA SPONTE, EACH BOY IS CHALLENGED TO ACCEPT RESPONSIBILITY FOR HIMSELF, FOR HIS OWN EDUCATION, AND FOR THE WELL-BEING OF OTHERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4227454 | Expense |
| Grants | 505814 | Grants |
| Revenue | 4628314 | Revenue |
| Description | Academic Program - the school is an accredited educational institution for approximately 300 boys, grades 4 through 9. the school provides a solid curriculum in english, science, social studies, mathematics, and languages (latin and spanish). Mathematics and language curricula allow for standard-level as well as advanced-level learning, depending on the student's abilities. The entire academic program is an upward progression toward sophisticated cognitive reasoning and intellectual challenges to prepare boys for secondary school education. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2113727 | Expense |
| Grants | 252907 | Grants |
| Revenue | 2314157 | Revenue |
| Description | athletics program - This program promotes athletic competence, confidence, and enjoyment for students of varying athletic abilities and interests. It stresses learning and practicing individual and team skills, and it offers a variety of individual and team activities with various levels of competition. at all levels good sportsmanship is emphasized as the primary lesson to be learned from a well organized athletic program. Sports options, depending on grade, include soccer, football, cross country, track, basketball, wrestling, ice hockey, tennis, and also allows for sports alternative with parental/school approval. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2113726 | Expense |
| Grants | 252906 | Grants |
| Revenue | 2314156 | Revenue |
| Description | Arts Program - Beginning in grade 4, the students are introduced to a six-year sequential curriculum in the Arts beginning with Studio Art, Drama, music and wood shop. as the student progresses through each grade other arts program offerings become available, such as ceramics and photography. in grades 8 and 9, students may select from a broad array of courses mentioned plus others such as painting, cartooning, theater tech, video production, steel drums, guitar and rhythm ensemble. students are required to complete three art requirements for graduation: one each in fine arts, dramatic arts and musical arts. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1028548 | Expense |
| Revenue | 1287091 | Revenue |
| Description | summer fenn day camp for boys and girls (age 5-15) | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1028548 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 1287091 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 9483455 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | 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 | 0 | 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 |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 29 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 218 | 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 |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | 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 | 0 | 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 | 0 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | david a platt DIR OF FIN & OPs | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9783183524 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 516 monument street | AddressLine1 |
| City | concord | City |
| State | MA | State |
| ZIP Code | 01742 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 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 |
|---|---|---|---|---|---|---|---|
| GERALD jg WARD | |||||||
| Headmaster/coo/trustee | 60.00 | X | X | 629724 | 0 | 115838 | |
| KEVIN R PARKE | |||||||
| CHAIRMAN | 5.00 | X | X | 0 | 0 | 0 | |
| MICHAEL J MARCHESE | |||||||
| VICE CHAIRMAN | 5.00 | X | X | 0 | 0 | 0 | |
| RAYMOND J JOUMAS | |||||||
| TREASURER | 5.00 | X | X | 0 | 0 | 0 | |
| NANCY IBEAULIEU | |||||||
| CLERK | 5.00 | X | X | 0 | 0 | 0 | |
| JEFFREY ADAMS | |||||||
| TRUSTEE | 10.00 | X | 0 | 0 | 0 | ||
| KENNETH ANDERSON | |||||||
| TRUSTEE (EX-OFFICIO) | 5.00 | X | 0 | 0 | 0 | ||
| ASH ASHUTOSH | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MARCI J BERKLEY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| PAMELA T BOLL | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| RICHARD F CONNOLLY JR | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| TIM CONWAY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CHARLES E CROWLEY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JACOB A DRESDEN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| ROBERT EWING | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| PAMELA LOOS GILDEHAUS | |||||||
| TRUSTEE (EX-OFFICIO) | 5.00 | X | 0 | 0 | 0 | ||
| STEVEN M KAYE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JULIA KRAPF | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| R VINCENT LYNCH | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| CLIFFORD E MOSKOW | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| SARAH B NEWTON | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| PETER M NICHOLAS JR | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| LAURA REYNOLDS | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| STEVEN L STONE | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MARK T THOMAS | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MARY WREN VANDEWILDEN | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| STEPHEN M WILKINS | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| WALTER W BIRGE III | |||||||
| HONORARY TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MORGAN K SMITH JR | |||||||
| HONORARY TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| david a platt | |||||||
| DIR. OF finance & ops. | 40.00 | X | 125501 | 0 | 29168 | ||
| thomas j hudner iii | |||||||
| dir. of advancement | 40.00 | 116379 | 0 | 14289 | X | ||
| derek r boonisar | |||||||
| assistant headmaster | 40.00 | 111118 | 0 | 20372 | X | ||
| stephen a farley | |||||||
| dir. of academic affairs | 40.00 | 100547 | 0 | 20477 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1083269 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 200144 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| sodexo inc | |||||
| po box 360170 | pittsburgh | PA | 152516170 | food service | 335575 |
| BROWN BROTHERS HARRIMAN & CO | |||||
| 40 WATER STREET | boston | MA | 02109 | financial | 200000 |
| stantec planning and landscape architect | |||||
| 13980 collections center drive | chicago | IL | 60693 | architect | 166682 |
| menard and sons inc | |||||
| po box 601 | burlington | MA | 01803 | landscaping | 106307 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| All Other Contributions | 2430198 | AllOtherContributions |
| Noncash Contributions | 4857 | NoncashContributions |
| Total Contributions | 2430198 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| school tuition | 611600 | 9256627 | 9256627 |
| summer camp program | 611710 | 1287091 | 1287091 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10543718 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 386455 | TotalRevenueColumn |
| Exclusion | $386,455 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 26325 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 26325 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26325 | TotalRevenueColumn |
| Exclusion | $26,325 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 550 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 550 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 550 | TotalRevenueColumn |
| Exclusion | $550 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| extended after care | 611710 | 28372 | $28,372 | |
| other revenue | 900099 | 25695 | 25695 | |
| student unirforms sal | 448000 | 23349 | $23,349 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 77416 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13464662 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10569413 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $465,051 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1011627 | Total |
| Program Services | 1011627 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 732037 | Total |
| Program Services | 323618 | ProgramServices |
| Management And General | 259734 | ManagementAndGeneral |
| Fundraising | 148685 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5567846 | Total |
| Program Services | 3928927 | ProgramServices |
| Management And General | 1403511 | ManagementAndGeneral |
| Fundraising | 235408 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311685 | Total |
| Program Services | 207496 | ProgramServices |
| Management And General | 88212 | ManagementAndGeneral |
| Fundraising | 15977 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 784256 | Total |
| Program Services | 470493 | ProgramServices |
| Management And General | 248748 | ManagementAndGeneral |
| Fundraising | 65015 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 454398 | Total |
| Program Services | 317068 | ProgramServices |
| Management And General | 111177 | ManagementAndGeneral |
| Fundraising | 26153 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13741 | Total |
| Management And General | 13741 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64064 | Total |
| Management And General | 64064 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49100 | Total |
| Program Services | 49100 | ProgramServices |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60249 | Total |
| Fundraising | 60249 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51509 | Total |
| Management And General | 51509 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128873 | Total |
| Program Services | 68605 | ProgramServices |
| Management And General | 14565 | ManagementAndGeneral |
| Fundraising | 45703 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102427 | Total |
| Program Services | 102427 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 755875 | Total |
| Program Services | 638154 | ProgramServices |
| Management And General | 68350 | ManagementAndGeneral |
| Fundraising | 49371 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178140 | Total |
| Program Services | 133895 | ProgramServices |
| Management And General | 40719 | ManagementAndGeneral |
| Fundraising | 3526 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 605995 | Total |
| Program Services | 563575 | ProgramServices |
| Management And General | 30300 | ManagementAndGeneral |
| Fundraising | 12120 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97210 | Total |
| Program Services | 87195 | ProgramServices |
| Management And General | 9406 | ManagementAndGeneral |
| Fundraising | 609 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14006 | Total |
| Program Services | 7275 | ProgramServices |
| Management And General | 4742 | ManagementAndGeneral |
| Fundraising | 1989 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175962 | Total |
| Program Services | 161885 | ProgramServices |
| Management And General | 8798 | ManagementAndGeneral |
| Fundraising | 5279 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 791864 | Total |
| Program Services | 730822 | ProgramServices |
| Management And General | 38151 | ManagementAndGeneral |
| Fundraising | 22891 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53451 | Total |
| Program Services | 53451 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| dining/events/reception | 447741 | 352715 | 60152 | 34874 |
| student activities | 119789 | 119789 | ||
| faculty/staff professio | 94364 | 69480 | 19977 | 4907 |
| parents' association | 51207 | 51207 | ||
| memberships/subscriptio | 27174 | 5767 | 20657 | 750 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34586 | Total |
| Program Services | 28884 | ProgramServices |
| Management And General | 202 | ManagementAndGeneral |
| Fundraising | 5500 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12779176 | Total |
| Program Services | 9483455 | ProgramServices |
| Management And General | 2556715 | ManagementAndGeneral |
| Fundraising | 739006 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1854302 | BOY |
| EOY | 3260851 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141817 | BOY |
| EOY | 130258 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1727482 | BOY |
| EOY | 1281520 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95799 | BOY |
| EOY | 71884 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 333684 | BOY |
| EOY | 347650 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22788832 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8219449 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15001395 | BOY |
| EOY | 14569383 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13982665 | BOY |
| EOY | 15135894 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250000 | BOY |
| EOY | 1373000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1129410 | BOY |
| EOY | 1986978 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34516554 | BOY |
| EOY | 38157418 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1429104 | BOY |
| EOY | 1332582 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2588427 | BOY |
| EOY | 4439760 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3821528 | BOY |
| EOY | 3821528 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 721429 | BOY |
| EOY | 222376 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8560488 | BOY |
| EOY | 9816246 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16029100 | BOY |
| EOY | 17353231 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4405690 | BOY |
| EOY | 5449010 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5521276 | BOY |
| EOY | 5538931 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25956066 | BOY |
| EOY | 28341172 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34516554 | BOY |
| EOY | 38157418 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 13234816 | BeginningOfYearBalance |
| Contributions | 17655 | Contributions |
| Investment Earnings Or Losses | 1972478 | InvestmentEarningsOrLosses |
| Other Expenditures | 685000 | OtherExpenditures |
| End Of Year Balance | 14539949 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15118735 | BeginningOfYearBalance |
| Contributions | 193610 | Contributions |
| Investment Earnings Or Losses | -1561429 | InvestmentEarningsOrLosses |
| Other Expenditures | 516100 | OtherExpenditures |
| End Of Year Balance | 13234816 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.39720 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.38100 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.22180 | 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 | 2624281 | OtherCostOrOtherBasis |
| Book Value | 2624281 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11737747 | OtherCostOrOtherBasis |
| Depreciation | 3065178 | Depreciation |
| Book Value | 8672569 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4913784 | OtherCostOrOtherBasis |
| Depreciation | 2218317 | Depreciation |
| Book Value | 2695467 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2082639 | OtherCostOrOtherBasis |
| Depreciation | 1633711 | Depreciation |
| Book Value | 448928 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1430381 | OtherCostOrOtherBasis |
| Depreciation | 1302243 | Depreciation |
| Book Value | 128138 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 14569383 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BOND ACQUISITION FEES, NET OF ACCUMULATED AMORTIZATION | 138922 |
| CONSTRUCTION IN PROGRESS | 1700587 |
| beneficial interest in perpetual trust | 147469 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1986978 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ENROLLMENT DEPOSITS | $15,257 |
| INTEREST RATE SWAP agreement | $207,119 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 222376 | TotalOfAmounts |
| Total Revenue | 13464662 | TotalRevenue |
| Total Expenses | 12779176 | TotalExpenses |
| Excess Or Deficit For Year | 685486 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1855057 | NetUnrealizedGLOnInvestments |
| Other | -$155,437 | OtherAmount |
| Total Adjustments | 1699620 | TotalAdjustments |
| Excess Or Deficit Per FS | 2385106 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 14152655 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1855057 | NetUnrealizedGainsInvestments |
| Other Revenues | -1167064 | OtherRevenues |
| Revenue Not Rptd F990 | 687993 | RevenueNotRptdF990 |
| Revenue Subtotal | 13464662 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13464662 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11767549 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11767549 | ExpensesSubtotal |
| Other Expenses Not Included | 1011627 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1011627 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12779176 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | The intended uses of the school's endowment funds are for faculty salaries and merit increases, faculty enrichment, faculty/staff travel grants, financial aid, scholarships, philathropy fund, founders fund for education innovation, mulvany center, support for faculty/staff children attending the fenn school. |
| Part XI, Line 8 - Other Adjustments: | loss on interest rate swap agreement: -44833. loss on pledge activity: -110604. | |
| Part XII, Line 2d - Other Adjustments: | FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS: -1011627. loss on interest rate swap agreement: -44833. loss on pledge activity: -110604. | |
| Part XIII, Line 4b - Other Adjustments: | FINANCIAL AID NETTED AGAINST TUITION INCOME ON FINANCIAL STATEMENTS: 1011627. |
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 |
| Pub Via Broadcast Media Expln | ADVERTISEMENTS IN COMMUNITY NEWSPAPERS AND CATALOGUES | PubViaBroadcastMediaExpln |
| 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 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | marts & lundy | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | data analysis and consultation | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 60249 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 60249 | TotalRetainedByContractors |
| Licensed States | MA | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| tuition financial aid | 42 | 613275 | fair market value | reduction in tuition charged |
| tuition remission | 9 | 274825 | fair market value | reduction in tuition charged |
| student fees financial aid | 51 | 123527 | fair market value | reduction in fees charged |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: grants for financial aid are need-based and awarded by the financial aid committee as determined by financial disclosure information provided by the family of the recipient. | 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 |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GERALD jg WARD | |||||||||||||
| 278492 | 0 | 0 | 0 | 351232 | 0 | 74700 | 0 | 41138 | 0 | 745562 | 0 | 0 | 0 |
| david a platt | |||||||||||||
| 125501 | 0 | 0 | 0 | 0 | 0 | 7950 | 0 | 21218 | 0 | 154669 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 4a | ReturnReference |
| Explanation | THE SCHOOL ENTERED INTO A THREE-YEAR EMPLOYMENT CONTRACT WITH AN OFFICER. THIS AGREEMENT AUTHORIZED THE ESTABLISHMENT OF A NON-QUALIFIED 457(F) DEFERRED COMPENSATION PLAN (THE "PLAN")FOR THE BENEFIT OF THE OFFICER. IN OCTOBER, A DISTRIBUTION OF $351,232 WAS MADE TO THE OFFICER AND THE PLAN WAS CLOSED. EFFECTIVE JULY 1, 2009, THE SCHOOL ENTERED INTO A NEW THREE-YEAR EMPLOYMENT CONTRACT WITH AN OFFICER. UNDER THE TERMS OF THE PLAN THE FUNDS WILL NOT VEST UNTIL JUNE 30, 2012. | 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 | 2008-09-25 | DateIssued |
| Issue Price | 3821528 | IssuePrice |
| Description Of Purpose | campus improvements | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 12000000 | TotalProceeds |
| Amount Defeased | 2600272 | AmountDefeased |
| Issuance Costs From Proceeds | 140614 | IssuanceCostsFromProceeds |
| Capital Expenditures | 9259114 | CapitalExpenditures |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | 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 |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| 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 | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | brown brothers | BusinessNameLine1 |
| Business Name Line2 | harriman & co | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 8b | EACH COMMITTEE COMTEMPORANEOUSLY DOCUMENTS THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR. HOWEVER, NONE OF THE COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| Form 990, Part VI, Section B, line 11 | prior to its submission to the irs, The Form 990 is reviewed by a committee which consists of members of the audit committee, as well as the chair, vice-chair, and treasurer of the board. In addition, the Form 990 is provided to the full board of trustees. | |
| Form 990, Part VI, Section B, line 12c | All trustees shall complete a conflict of interest form annually. No Trustee, committee member, officer or employee shall engage in any action or activity, acting on behalf of the Corporation, which also results in a gain or advantage to that individual or to a member of his or her immediate family or a business organization in which such person has a significant interest such that such individual may be deemed to have an "interest" in the transaction (hereinafter, an "interested person"), without compliance with such appropriate requirements with respect to disclosure as the Board of Trustees of the Corporation may establish from time to time. In addition, no person who may be deemed interested in any matter based on his or her capacity as Trustee, committee member, officer or employee shall vote or use his or her personal influence on the matter, and he or she should not be counted in determining the quorum for the applicable meeting, even where permitted by law. The minutes of the meeting shall reflect the abstention by such interested person(s) from voting, the quorum count, and that a disclosure of such potential conflict of interest was made at the meeting of the Board of Trustees. | |
| Form 990, Part VI, Section B, line 15a | The Headmaster's three year contract is reviewed by the officers of the Board - Chair, Vice Chair, Secretary and Treasurer. This group also reviews compensation annually. On a regular basis (last time, four years ago) we benchmark the headmaster's compensation (cash and benefits) against other equivalent headmasters. For this review we use an outside consultant. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. | |
| form 990, part i, line 6 | The Estimate includes parent and alumni volunteers for library, drama program, grade level activities, volunteers for parent association committees, and alumni volunteers for alumni events and reunions. | estimation of volunteers: |
| Form 990, Schedule K, Part II, Line 8 | As of year end, June 30, 2011, the project was not substantially complete. | |
| form 990, part vii, column (b) | Mr. Adams is Chair of the Buildings & Grounds subcommittee of the Board of Trustees. THe school currently has three major facility construction projects in various stages moving toward completion: new Meeting & Performance Hall, new Artificial Turf Athletic Field and new Library. The number provided is merely an estimate relative to how frequently he is on campus in support of these projects. | average hours per week: |