2026-05-14T09:15:34-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 01880 990 2024-07-01 042228167 THE COMMONWEALTH SCHOOL INC COMM 6172667525 151 COMMONWEALTH AVENUE BOSTON MA 02116 JENNIFER BORMAN HEAD OF SCHOOL 6172667525 2026-05-07 1 0 JODY K BOOTH P00963825 7812459999 2026-05-07 2024 2025-03-06 01:10:19Z FREDERICK EWALD 151 COMMONWEALTH AVE BOSTON MA 02116 12232850 0 X WWW.COMMSCHOOL.ORG X 1957 MA SECONDARY SCHOOL EDUCATION 24 24 80 0 0 0 1683790 1704177 9018471 9301078 954529 947404 0 0 11656790 11952659 1428678 1607811 0 0 6228321 6629113 0 0 821300 3033579 2929003 10690578 11165927 966212 786732 40932581 44455156 2893358 3197282 38039223 41257874 SECONDARY SCHOOL EDUCATION 0 0 8425045 1607811 9301078 EDUCATIONAL INSTITUTION - HIGH SCHOOL (GRADES 9-12)STUDENT ENROLLMENT = 158 8425045 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 52 0 80 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARK GRAZIANO 6172667525 151 COMMONWEALTH AVENUE BOSTON MA 02116 FREDERICK EWALD CHAIRPERSON 2.00 X X 0 0 0 LAURA SANDER TREASURER 2.00 X X 0 0 0 SHARON YAMAMOTO CLERK 2.00 X X 0 0 0 STUART BROWN TRUSTEE 1.00 X 0 0 0 ZEYNEP AKSEHIRLI TRUSTEE 1.00 X 0 0 0 CYNTHIA CHEN TRUSTEE 1.00 X 0 0 0 MARY BETH CUNNANE TRUSTEE 1.00 X 0 0 0 JOHN DOWD TRUSTEE 1.00 X 0 0 0 KIRSTEN GREENIDGE TRUSTEE 1.00 X 0 0 0 MAX KOHLENBERG TRUSTEE 1.00 X 0 0 0 MATTHEW S KRANING TRUSTEE 1.00 X 0 0 0 AMY MERRILL TRUSTEE 1.00 X 0 0 0 ALEXANDRA METRAL TRUSTEE 1.00 X 0 0 0 ROBERT MURCHISON TRUSTEE 1.00 X 0 0 0 ROBIN ORWANT TRUSTEE 1.00 X 0 0 0 MARY PACI TRUSTEE 1.00 X 0 0 0 JANIQUE PARROTT-GAFFNEY TRUSTEE 1.00 X 0 0 0 LAURA PEDROSA TRUSTEE 1.00 X 0 0 0 KEN PUCKER TRUSTEE 1.00 X 0 0 0 JUDITH SANFORD-HARRIS TRUSTEE 1.00 X 0 0 0 JEFFREY L SCHWARTZ TRUSTEE 1.00 X 0 0 0 JONATHAN SHEFFI TRUSTEE 1.00 X 0 0 0 ROBERT SITKOFF TRUSTEE 1.00 X 0 0 0 SYMONE WILLIAMS TRUSTEE 1.00 X 0 0 0 JENNIFER BORMAN HEAD OF SCHOOL 50.00 X 279262 0 44437 ALISHA ELLIOT DIRECTOR OF ADVANCEMENT 50.00 X 165062 0 13982 REBECCA JACKMAN ASST. HEAD OF SCHOOL 50.00 X 142746 0 32160 ADAM HINTERLANG DIRECTOR OF INFORMATION SY 50.00 X 133799 0 12521 CAROLINE HEALY DIRECTOR OF ADMISSIONS 50.00 X 135594 0 19511 MARK GRAZIANO DIRECTOR OF FINANCE 50.00 X 147489 0 34640 1003952 0 157251 18 0 1 0 FLIK INDEPENDENT DINING SERVICES 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICES 461520 COMPASS FACILITY SERVICES 65 JACKMAN STREET GEORGETOWN MA 01833 FACILITIES MANAGEMENT 163129 2 1704177 286310 1704177 TUITION & FEES 611710 9075616 9075616 OTHER INCOME 611710 225462 225462 9301078 955972 955972 271623 280191 -8568 -8568 -8568 11952659 9301078 0 947404 1607811 1607811 358345 358345 4914406 3872530 577426 464450 375669 294862 43651 37156 594667 470033 84120 40514 386026 286882 61952 37192 43943 43943 41904 41904 77829 77829 27809 27809 236830 156201 54432 26197 710754 511394 137876 61484 56303 50064 6239 339732 240515 68618 30599 63863 63863 STUDENT ENRICHMENT AND 351151 351151 MATERIALS AND SUPPLIES 335773 335235 538 OTHER EXPENSES 312158 97103 128338 86717 ATHLETICS AND TRANSPORT 106262 106262 224692 95066 99412 30214 11165927 8425045 1919582 821300 1818975 1816162 4113487 5299893 845394 613220 5657 27001 120097 152156 13469853 4093552 9674114 9376301 24149220 27079185 205637 91238 40932581 44455156 723774 739011 2088137 2458271 81447 0 2893358 3197282 X 21685906 23603935 16353317 17653939 38039223 41257874 40932581 44455156 786732 2431919 0 X 0 1 X 1 0 X 3199805 1817563 2082183 1683790 1704177 10487518 3199805 1817563 2082183 1683790 1704177 10487518 3158015 7329503 185520 175143 470324 858669 955972 2645628 13133146 40920110 0.55810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24377707 250159 3047644 1035000 26640510 21253982 1034980 3056745 968000 24377707 19342862 734250 2137870 961000 21253982 21665229 540000 -1990750 871617 19342862 18499512 3977237 811520 21665229 0.38700 0.61300 0 0 86443 86443 12631915 3408003 9223912 751495 685549 65946 9376301 X 12698938 2431919 2431919 10267019 77829 1607811 1685640 11952659 9480287 0 9480287 77829 1607811 1685640 11165927 PART X, LINE 2: IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THESE DETERMINATIONS HAVE BEEN REVIEWED ACCORDING TO GUIDANCE IN A FINANCIAL ACCOUNTING STANDARDS BOARD PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF JUNE 30, 2025, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY SUBJECT TO POTENTIAL EXAMINATION BY TAXING JURISDICTIONS FOR THE PRIOR THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,607,811. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,607,811. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NON-DISCRIMINATION POLICY IS MADE AVAILABLE ON THE ADMISSION AND CAREER WEB PAGES, AS WELL AS IN THE SCHOOL HANDBOOK. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SCHOOL SPONSORED TRIPS 131899 0 0 0 0 0 0 131899 0 131899 0 0 0 0 0 0 1 FINANCIAL AID 38 1607811 FINANCIAL AID PART I, LINE 2: COMMONWEALTH REQUIRES ALL FAMILIES ASKING FOR FINANCIAL GRANT AWARDS TO COMPLETE A FINANCIAL AID APPLICATION. THE APPLICATION FOR AID INCLUDES COMPLETING AN APPLICATION WITH CLARITY, OUR FINANCIAL AID PROVIDER, WHICH IS AN INDEPENDENT THIRD PARTY THAT DETERMINES WHAT THE FAMILY CAN CONTRIBUTE TOWARDS EDUCATIONAL COSTS. THE APPLICATION ALSO INCLUDES PARENTS' FINANCIAL STATEMENTS, FEDERAL TAX RETURNS, AND W-2S. ALL FINANCIAL GRANT AWARDS ARE DETERMINED ON THE BASIS OF NEED AND ON A RACIALLY NON-DISCRIMINATORY BASIS AS DETERMINED BY CLARITY AND THE DIRECTOR OF ADMISSIONS AND FINANCIAL AID USING ALL INFORMATION OBTAINED IN THE APPLICATION. ONCE THE FINANCIAL AID OFFICE RECEIVES ALL FINANCIAL MATERIALS PERTAINING TO THE APPLICATION, THE COMMITTEE WILL REVIEW EACH FAMILY'S REQUEST. CONSIDERATION FOR AID IS MADE AFTER A STUDENT HAS BEEN DEEMED ADMISSIBLE AT COMMONWEALTH. ONCE THE AWARD HAS BEEN GIVEN AND THE STUDENT ENROLLS AT COMMONWEALTH, THE BUSINESS OFFICE IS GIVEN THE AMOUNT OF THE AWARD TO PROCESS AGAINST THE STUDENT ACCOUNT. THESE FUNDS ARE PART OF COMMONWEALTH'S OPERATING BUDGET AND THE BUSINESS OFFICE PRODUCES REPORTS IN ORDER TO VERIFY AGAINST THE FINAL FINANCIAL AID REPORTS TO STUDENT BILLING. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JENNIFER BORMAN HEAD OF SCHOOL 279262 0 0 0 0 0 25113 0 19324 0 323699 0 0 0 MARK GRAZIANO DIRECTOR OF FINANCE 147489 0 0 0 0 0 13238 0 21402 0 182129 0 0 0 ALISHA ELLIOT DIRECTOR OF ADVANCEMENT 165062 0 0 0 0 0 13982 0 0 0 179044 0 0 0 REBECCA JACKMAN ASST. HEAD OF SCHOOL 142746 0 0 0 0 0 12977 0 19183 0 174906 0 0 0 CAROLINE HEALY DIRECTOR OF ADMISSIONS 135594 0 0 0 0 0 12042 0 7469 0 155105 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL HAS A DISCRETIONARY SPENDING ACCOUNT THAT IS PART OF THE SCHOOL'S GENERAL ADMINISTRATIVE BUDGET. ALL EXPENSES ARE SUBMITTED TO AND APPROVED BY THE DIRECTOR OF FINANCE. X 10 286310 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE SCHOOL USES CHARLES SCHWAB TO RECEIVE, SELL AND FORWARD PROCEEDS FROM THE SALE OF DONATED STOCK FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE AND TREASURER REVIEW AND APPROVE THE FORM 990 FILING. THE FULL BOARD RECEIVES A COPY OF THE FORM 990 EXCLUDING SCHEDULE B BEFORE FILING. COMMONWEALTH IS A SMALL SCHOOL WITH A CLOSE-KNIT COMMUNITY AND, AS PART OF ITS COMMITMENT TO DONOR CONFIDENTIALITY, DOES NOT BROADLY SHARE DETAILED DONOR INFORMATION CONTAINED IN SCHEDULE B OF THE FORM 990. IN ACCORDANCE WITH IRS PUBLIC SUPPORT CALCULATION REQUIREMENTS, DONOR NAMES AND CONTRIBUTION AMOUNTS FOR DONORS CONTRIBUTING MORE THAN $5,000 ARE REPORTED CONFIDENTIALLY ON SCHEDULE B BUT ARE NOT INCLUDED IN THE SCHOOL'S PUBLICLY AVAILABLE FORM 990 FILING. TO ENSURE ALL CONTRIBUTIONS ALIGN WITH THE MISSION AND VALUES OF THE SCHOOL, DONATIONS AND DONORS ARE REVIEWED AND VETTED BY THE DIRECTOR OF ADVANCEMENT AND THE HEAD OF SCHOOL. THIS YEAR, THE AUDIT COMMITTEE REVIEWED SCHEDULE B AS PART OF ITS DUE DILIGENCE RESPONSIBILITIES REGARDING MAJOR DONORS; HOWEVER, THE INFORMATION CONTAINED WITHIN SCHEDULE B IS NOT BEING DISTRIBUTED TO THE FULL BOARD IN ORDER TO MAINTAIN THE CONFIDENTIALITY OF INDIVIDUAL DONOR INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND TRUSTEES ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 15A: THE HEAD OF SCHOOL'S SALARY IS DETERMINED BY THE HEAD'S COMPENSATION COMMITTEE (WHICH INCLUDES THE BOARD CHAIR AND TREASURER). 15B: ALL OTHER SALARIES ARE REVIEWED AND APPROVED BY THE HEAD OF SCHOOL ON AN ANNUAL BASIS. ALL SALARY CHANGES ARE BASED ON COST OF LIVING ADJUSTMENTS AND COMPARABILITY DATA PROVIED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST