2026-05-14T11:02:48-05:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 042103974 THE CHARLES RIVER SCHOOL INC CHAR 5087850068 56 CENTRE STREET PO BOX 339 DOVER MA 020300339 JAMES MCELLIGOTT TREASURER 5087850068 2026-05-01 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2026-05-01 2024 2025-03-06 01:10:19Z JAMES MCELLIGOTT 56 CENTRE STREET DOVER MA 02030 11308390 0 X CHARLESRIVERSCHOOL.ORG X 1918 MA A PRE-K - GRADE 8 INDEPENDENT SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND THE JOY OF CHILDHOOD. 22 7 104 45 -10000 0 1772908 1280404 8593827 9311074 435909 525110 15771 15434 10818415 11132022 967648 1362984 0 0 5754074 6175131 25000 0 258845 3683789 3829614 10430511 11367729 387904 -235707 31262918 31495959 9607634 9307374 21655284 22188585 A PRE-KINDERGARTEN THROUGH GRADE 8 INDEPENDENT SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND THE JOY OF CHILDHOOD, FOSTERING INTELLECTUAL CURIOSITY, CRITICAL THINKING, AND THE DEVELOPMENT OF THE WHOLE CHILD. 0 0 6828350 1362984 8757353 SCHOOL - CHARLES RIVER SCHOOL IS A PRE-KINDERGARTEN THROUGH GRADE 8 INDEPENDENT SCHOOL COMMITTED TO ACADEMIC EXCELLENCE AND THE JOY OF CHILDHOOD, FOSTERING INTELLECTUAL CURIOSITY, CRITICAL THINKING, AND THE DEVELOPMENT OF THE WHOLE CHILD. 479499 460343 SUMMER PROGRAM - CRS SUMMER IS THE SUMMER SESSION OF CHARLES RIVER SCHOOL SERVING CAMPERS AGES 4-15. THE PROGRAM OFFERS STRUCTURED EXPERIENCES IN PERFORMING AND VISUAL ARTS, NATURE STUDIES, STEM, LEADERSHIP DEVELOPMENT, AND ATHLETICS. THROUGH HANDS-ON, AGE-APPROPRIATE ACTIVITIES, PARTICIPANTS EXPLORE PERSONAL INTERESTS, BUILD SKILLS, AND STRENGTHEN SOCIAL CONNECTIONS IN A SAFE AND ENGAGING ENVIRONMENT THAT SUPPORTS BOTH ENRICHMENT AND ACADEMIC GROWTH. 142079 118812 EXTENDED DAY PROGRAM - THE EXTENDED DAY PROGRAM (EDP) AT CHARLES RIVER SCHOOL PROVIDES SUPERVISED AFTER-SCHOOL CARE AS A CONTINUATION OF THE REGULAR SCHOOL DAY. THE PROGRAM INCLUDES STRUCTURED ENRICHMENT OPPORTUNITIESSUCH AS MARTIAL ARTS, DANCE, AND CREATIVE ARTS - ALONG WITH TIME FOR RECREATION, SOCIAL INTERACTION, AND ACADEMICS IN A SAFE, SUPPORTIVE ENVIRONMENT. 7449928 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 104 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X BETTINA STEVENS 5087850068 56 CENTRE STREET PO BOX 339 DOVER MA 020300339 KATE PAGLIA CHAIR 10.00 X X 0 0 0 FRED RAMOS VICE CHAIR (UNTIL 6/30/25) 10.00 X X 0 0 0 JAMES MCELLIGOTT TREASURER 10.00 X X 0 0 0 HEATHER WILLIS CLERK (UNTIL 6/30/25) 10.00 X X 0 0 0 LAURA KUNKEMUELLER BOARD OF TRUSTEES (UNTIL 6/30/25) 1.00 X 0 0 0 MOLLY CUMMINGS CARNEY BOARD OF TRUSTEES 1.00 X 0 0 0 REBECCA GRIMM BOARD OF TRUSTEES 1.00 X 0 0 0 BETH NEWMARK BOARD OF TRUSTEES 1.00 X 0 0 0 ANDREW GALLINARO BOARD OF TRUSTEES 1.00 X 0 0 0 LESLIE JACKSON JUDGE BOARD OF TRUSTEES 1.00 X 0 0 0 AQUEELA CULBREATH-BRITT BOARD OF TRUSTEES 1.00 X 0 0 0 GUOPING ZHOU BOARD OF TRUSTEES 1.00 X 0 0 0 DAVID ITZKOVITS BOARD OF TRUSTEES 1.00 X 0 0 0 NANCY GALINDO-RODRIGUEZ BOARD OF TRUSTEES 1.00 X 0 0 0 BRUCE LEVINE BOARD OF TRUSTEES (UNTIL 6/30/25) 1.00 X 0 0 0 WILL WILLIS BOARD OF TRUSTEES (UNTIL 6/30/25) 1.00 X 0 0 0 ALETHA DUNHAM-CARSON BOARD OF TRUSTEES 1.00 X 0 0 0 MADELINE SURGENOR RICHARDS BOARD OF TRUSTEES 1.00 X 0 0 0 WILL RICO BOARD OF TRUSTEES 1.00 X 0 0 0 RACHEL ROSENFELDT BOARD OF TRUSTEES 1.00 X 0 0 0 DAN STOKES BOARD OF TRUSTEES 1.00 X 0 0 0 DUSTIN WILLARD BOARD OF TRUSTEES 1.00 X 0 0 0 GABRIEL BURNSTEIN HEAD OF SCHOOL 40.00 X 304454 0 34180 BETTINA STEVENS CFO (AS OF 10/2024) 40.00 X 40803 0 5143 ELIZABETH CLAYTON ASSOC. HEAD OF SCHOOL (UNTIL 6/2025) 40.00 X 150479 0 18746 KATHERINE WHITTEN DIR. OF COMMUNITY ENGAGEMENT 40.00 X 136447 0 15449 KIMBERLY SCOTLAND DIRECTOR OF MARKETING 40.00 X 117463 0 7220 LAURA WOODRING EXEC. ASSIST. TO THE HEAD OF SCHOOL 40.00 X 116855 0 7879 STEVEN TRUST DIRECTOR OF IT 40.00 X 115575 0 21568 982076 0 110185 10 0 1 0 COMPASS GROUP PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 478089 ME O'BRIEN & SONS INC 17 TROTTER DRIVE MEDWAY MA 02053 CONSTRUCTION 402123 LOCAL MOTION OF BOSTON INC 66B ROCSAM PARK ROAD BRAINTREE MA 02184 TRANSPORTATION SERVICES 154084 NEW SILVER ENGINEERING LLC 21 GIFFORD WAY DUXBURY MA 02332 HEATING VENTILATING AND AIR CONDITIONING 134959 4 1280404 61380 1280404 TUITION AND FEES 611110 8757353 8757353 CHARLES RIVER CREATIVE 611110 460343 460343 PROGRAM FEES 900090 93378 93378 9311074 281216 281216 110262 120262 -10000 -10000 -10000 300000 56106 243894 243894 243894 OTHER 611110 25434 25434 25434 11132022 9336508 -10000 525110 1362984 1362984 718865 718865 4391149 2948285 1311912 130952 221955 152710 61480 7765 479931 272623 205734 1574 363231 214306 138028 10897 36461 36461 16850 16850 52465 52465 162184 43893 108150 10141 121142 14404 104144 2594 228913 64552 126453 37908 147399 7692 139707 686741 55140 631601 272208 269293 2915 28116 9662 18454 273272 273272 942265 902591 39674 44250 44250 FOOD SERVICE 501212 486176 15036 PROFESSIONAL DEVELOPMEN 105916 11212 90766 3938 MISCELLANEOUS 102258 23391 45975 32892 PROGRAM EXPENSES 82701 82063 638 25261 528951 -523874 20184 11367729 7449928 3658956 258845 2231 1014166 677925 143961 118791 139054 33082161 13720069 19893445 19362092 10209030 11152049 27486 18647 31262918 31495959 747328 882074 1260858 1018585 7571872 7388068 27576 18647 9607634 9307374 X 15011282 14752894 6644002 7435691 21655284 22188585 31262918 31495959 -235707 769008 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10209030 197577 1187925 300000 11294532 9414650 269750 965536 440906 10209030 8569658 387250 882761 425019 9414650 10425089 85000 -1210431 730000 8569658 8424942 239559 2430588 670000 10425089 0.34313 0.29112 0.36575 0 0 867564 867564 30487065 12563049 17924016 681661 414145 267516 1045871 742875 302996 19362092 LEASE OBLIGATION 18647 18647 X 10605843 769008 -1362984 -593976 11199819 52465 -120262 -67797 11132022 10072542 120262 120262 9952280 52465 1362984 1415449 11367729 PART V, LINE 4: CONSISTENT WITH THE DONOR'S INTENT, OUR RESTRICTED ENDOWMENT PROVIDES FOR SCHOLARSHIP SUPPORT, FACULTY PROFESSIONAL DEVELOPMENT, WETLAND CONSERVATION, AND FACULTY COMPENSATION. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS -1,362,984. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN EXPENSES ON THE AUDITED FINANCIAL STATEMENTS -120,262. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN EXPENSES ON THE AUDITED FINANCIAL STATEMENTS 120,262. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS 1,362,984. 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 RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL COMMUNICATIONS. SPECIFICALLY, IT WAS ADVERTISED IN THE BOSTON GLOBE NEWSPAPER AS PART OF THE ASSOCIATION FOR INDEPENDENT SCHOOLS IN NEW ENGLAND PUBLIC NOTICE OF NON-DISCRIMINATION. 1 TUITION FINANCIAL AID 43 1362984 PART I, LINE2, PART III, COLUMN (B) FINANCIAL AID IS GRANTED ON THE BASIS OF FINANCIAL NEED AND IS NETTED AGAINST GROSS TUITION AND FEES. DEPENDENTS OF THE SCHOOLS EMPLOYEES PAY TUITION UNLESS THEY QUALIFY ON THE SAME NEED BASIS AS NON-EMPLOYEE STUDENTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 GABRIEL BURNSTEIN HEAD OF SCHOOL 304454 0 0 0 0 0 14460 0 19720 0 338634 0 0 0 ELIZABETH CLAYTON ASSOC. HEAD OF SCHOOL (UNTIL 6/2025) 150479 0 0 0 0 0 9361 0 9385 0 169225 0 0 0 KATHERINE WHITTEN DIR. OF COMMUNITY ENGAGEMENT 136447 0 0 0 0 0 8234 0 7215 0 151896 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES A NON-TAXABLE HOUSING ALLOWANCE. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) 043431814 2017-08-10 10350000 TO CONSTRUCT A MIDDLE SCHOOL 0 0 0 A 2825713 10350000 179395 9520605 2018 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 5 41780 SALE PRICE X TICKETS 18 19600 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ACCORDING TO THE BY LAWS OF THE SCHOOL, MEMBERSHIP IN THE SCHOOL CONSISTS OF THE PARENTS OF THE CHILDREN ENROLLED IN THE SCHOOL, THE BOARD OF TRUSTEES, MEMBERS OF THE EDUCATIONAL STAFF AND PARENT COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO THE BY LAWS, THE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY AND APPROVE AMENDMENTS TO THE BY LAWS. FORM 990, PART VI, SECTION B, LINE 11B A. THE AUDIT AND RISK COMMITTEE WILL CONDUCT A PRELIMINARY REVIEW OF THE DRAFT 990. THE COMMITTEE WILL BE GRANTED THIS AUTHORITY BY THE FULL BOARD AND RECEIVE EXPLICIT TRAINING FROM AN INDEPENDENT PARTY ON HOW TO REVIEW THE 990 TO ENSURE OBJECTIVITY AND ACCURACY IN THE SCHOOL'S REPORTING. B. ONCE ANY EDITS OR CORRECTIONS HAVE BEEN MADE AND REVIEWED BY THE COMMITTEE OR A DESIGNEE ON THE COMMITTEE, THE COMMITTEE WILL THEN RECOMMEND FILING TO THE FULL BOARD. C. THE DRAFT 990 WILL BE INCLUDED IN THE BOARD MATERIALS AS AN APPENDIX ITEM AND ON THE AGENDA FOR BOARD MEMBERS TO ASK ANY QUESTIONS OR CONCERNS. A FULL VOTE WILL THEN BE TAKEN FOR APPROVAL. WITH APPROVAL BY THE FULL BOARD, THE FILING WILL BE MADE BY DECEMBER 31 OR MAY 15 AS NEEDED. FORM 990, PART VI, SECTION B, LINE 12C ALL CHARLES RIVER SCHOOL TRUSTEES, OFFICERS, DIRECTORS, AND EMPLOYEES (INCLUDING THOSE NOT INCLUDED IN THE ANNUAL DISCLOSURE PROCESS) ARE SUBJECT TO THE SCHOOL CONFLICT OF INTEREST POLICY AND MUST DISCLOSE ANY TIME WHEN THEY HAVE A FINANCIAL, FAMILY, OR ORGANIZATIONAL CONFLICT. FOR PURPOSES OF THE POLICY STATEMENT AND COMPLIANCE WITH THE STATEMENT, A CONFLICT OF INTEREST EXISTS WHEN DIRECT OR INDIRECT PERSONAL INTERESTS ARE INCONSISTENT WITH OR INTERFERE IN ANY WAY WITH THE BEST INTERESTS OF THE SCHOOL. SUCH CONFLICTS MAY ARISE OUT OF (BUT ARE NOT LIMITED TO): - BUSINESS OR FINANCIAL RELATIONSHIPS BETWEEN THE SCHOOL AND A COVERED PARTY OR THEIR IMMEDIATE FAMILY; - INVESTMENT RELATIONSHIPS INVOLVING TRUSTEES OR OFFICERS; - EMPLOYMENT RELATIONSHIPS BETWEEN THE SCHOOL AND IMMEDIATE FAMILY MEMBERS OF A COVERED PARTY; OR - SERVICE TO ANOTHER ORGANIZATION AT THE REQUEST OF THE SCHOOL WHERE THAT ORGANIZATION PROVIDES COMPENSATION. EACH YEAR, THE COMMITTEE ON TRUSTEES OF THE BOARD OF TRUSTEES ASKS ALL BOARD MEMBERS, DIRECTORS, AND OFFICERS TO FILE A DISCLOSURE FORM INDICATING WHETHER THEY HAVE CONFLICT. EACH BOARD MEMBER, DIRECTOR, AND OFFICER WILL SIGN A STATEMENT AFFIRMING THEY: A. HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAVE READ AND UNDERSTAND THE POLICY C. HAVE AGREED TO COMPLY WITH THE POLICY FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR CHARLES RIVER SCHOOL OFFICERS INCLUDING THE HEAD OF SCHOOL AND CHIEF FINANCIAL OFFICER AS WELL AS KEY EMPLOYEES RELIES ON DATA FROM COMPARATIVE SCHOOLS OF A SIMILAR SIZE, LOCATION, MISSION, STUDENT POPULATION E.G. PRE-KINDERGARTEN THROUGH GRADE 8 AND LABOR MARKET SURVEY DATA AVAILABLE FROM THE ASSOCIATION OF INDEPENDENT SCHOOLS NEW ENGLAND (AISNE). FOR THE HEAD OF SCHOOL, THIS PROCESS WAS DIRECTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES TO ENSURE INDEPENDENCE, OBJECTIVITY, AND AVOID CONFLICTS OF INTEREST. THE COMMITTEE ENGAGED AN EXECUTIVE SEARCH FIRM. THE POSITION DESCRIPTION WAS REVISITED AND PROPOSED COMPENSATION ALIGNED CONSIDERING THE FINANCIAL HEALTH OF SCHOOL, CANDIDATE QUALIFICATIONS SUCH AS ACADEMIC PREPARATION AND YEARS OF PROFESSIONAL EXPERIENCE, DEMONSTRATED FIELD LEADERSHIP, AND CHANGES IN THE COMPLEXITY OF THE ROLE. IN ADDITION TO SURVEY DATA, PREVAILING MARKET CONDITIONS WERE ALSO CONSIDERED. ONCE THE LEADING CANDIDATE WAS IDENTIFIED, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES MADE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION PACKAGE, SHARING ALL DATA AND COMPENSATION VARIABLES WITH THE BOARD. A FULL VOTE WAS UNDERTAKEN BY THE BOARD TO ENSURE TRANSPARENCY AND APPROPRIATE GOVERNANCE OF THE PROCESS. THE PROCESS WAS DOCUMENTED IN THE MINUTES FROM THE BOARD AND COMMITTEE MEETINGS SO THAT THE DECISION PROCESS, INCLUDING COMPARABILITY DATA USED, WAS MEMORIZED. FOR OTHER KEY EMPLOYEE POSITIONS, SALARIES ARE BENCHMARKED UTILIZING AISNE AND OTHER INDEPENDENT SCHOOL COMPENSATION DATA IS CONSIDERED ALONG WITH INTERNAL AND EXTERNAL BENCHMARKING WITH SUPPORT FROM EXECUTIVE SEARCH FIRMS AS REQUIRED. REASONABLENESS FOR ALL COMPENSATION IS A PRIMARY CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND THE FORM PC IS FILED WITH THE DIVISION OF PUBLIC CHARITIES. FORM 990, PART XII, LINE 2C: PROCEDURES DID NOT CHANGE FROM PRIOR YEAR.