Civic Intelligence

Berwick Academy Trustees

990 • Fiscal year 2014 • EIN 01-0223755

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 11, 2014

31 Academy StreetSouth Berwick, ME 03908

(207) 384-2164

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.23x

Higher debt load relative to assets than 45% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

63rd percentile

0.52x

Higher debt load relative to revenue than 63% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

16th percentile

-6.0%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

67th percentile

$322,281

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

36th percentile

1.3%

Faster asset growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

2.7%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Up

$41,522,164

Up $525,827 (+1.3%) from 2013

Net Assets

Up

$32,014,946

Up $376,074 (+1.2%) from 2013

Liabilities

Up

$9,507,218

Up $149,753 (+1.6%) from 2013

Revenue

Up

$18,167,381

Up $481,483 (+2.7%) from 2013

Expenses

Up

$19,258,455

Up $980,487 (+5.4%) from 2013

Net Income

Down

-$1,091,074

Down $499,004 (-84%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $41,233,898Liabilities 2011: $9,463,334Net Assets 2011: $31,770,5642011Assets 2012: $40,816,012Liabilities 2012: $8,940,165Net Assets 2012: $31,875,8472012Assets 2013: $40,996,337Liabilities 2013: $9,357,465Net Assets 2013: $31,638,8722013Assets 2014: $41,522,164Liabilities 2014: $9,507,218Net Assets 2014: $32,014,9462014Assets 2015: $42,175,867Liabilities 2015: $10,777,665Net Assets 2015: $31,398,2022015Assets 2016: $40,698,864Liabilities 2016: $11,198,910Net Assets 2016: $29,499,9542016Assets 2017: $42,820,016Liabilities 2017: $12,172,023Net Assets 2017: $30,647,9932017Assets 2018: $43,342,437Liabilities 2018: $12,183,959Net Assets 2018: $31,158,4782018Assets 2019: $46,078,864Liabilities 2019: $13,476,837Net Assets 2019: $32,602,0272019Assets 2020: $48,765,722Liabilities 2020: $15,261,144Net Assets 2020: $33,504,5782020Assets 2021: $57,917,930Liabilities 2021: $15,111,548Net Assets 2021: $42,806,3822021Assets 2022: $55,863,160Liabilities 2022: $12,935,326Net Assets 2022: $42,927,8342022Assets 2023: $57,717,354Liabilities 2023: $13,198,632Net Assets 2023: $44,518,7222023Assets 2024: $58,625,224Liabilities 2024: $12,180,570Net Assets 2024: $46,444,6542024Assets 2025: $61,131,453Liabilities 2025: $13,297,558Net Assets 2025: $47,833,8952025

Highlighted filing

2014

Assets$41,522,164
Liabilities$9,507,218
Net Assets$32,014,946

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $15,749,6852011Expenses 2012: $16,766,0782012Revenue 2013: $17,685,898Expenses 2013: $18,277,968Net Income 2013: -$592,0702013Revenue 2014: $18,167,381Expenses 2014: $19,258,455Net Income 2014: -$1,091,0742014Revenue 2015: $20,186,026Expenses 2015: $19,867,161Net Income 2015: $318,8652015Revenue 2016: $19,853,957Expenses 2016: $20,343,755Net Income 2016: -$489,7982016Revenue 2017: $20,557,737Expenses 2017: $21,645,463Net Income 2017: -$1,087,7262017Revenue 2018: $22,342,412Expenses 2018: $22,575,409Net Income 2018: -$232,9972018Revenue 2019: $24,203,565Expenses 2019: $23,012,157Net Income 2019: $1,191,4082019Revenue 2020: $23,617,511Expenses 2020: $22,950,753Net Income 2020: $666,7582020Revenue 2021: $28,954,341Expenses 2021: $23,762,102Net Income 2021: $5,192,2392021Revenue 2022: $29,641,493Expenses 2022: $24,447,114Net Income 2022: $5,194,3792022Revenue 2023: $26,057,137Expenses 2023: $26,445,734Net Income 2023: -$388,5972023Revenue 2024: $26,483,792Expenses 2024: $27,110,365Net Income 2024: -$626,5732024Revenue 2025: $26,785,750Expenses 2025: $27,985,157Net Income 2025: -$1,199,4072025

Highlighted filing

2014

Revenue$18,167,381
Expenses$19,258,455
Net Income-$1,091,074
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 11, 2014
Return Version
2013v4.0
Gross Receipts
$22,640,398
Mission and Program Overview

Mission

To promote "virtue and useful knowledge among the rising generations." for over 200 years, the academy has pursued its mission through a classical education of the whole person. We prepare students to prosper academically in college and to enjoy an enduring commitment to the life of the mind. We teach the creative process of the arts emphasizing performance and exhibition. We promote athletic and physical development within an ethic of sportsmanship. We nurture strength of character, individual responsibility, and a commitment to the common good. Berwick students, teachers, and families comprise a community of learners that instills the ethic of personal excellence. The academy is one school with three divisions each designed to broaden and deepen the foundations of virtue and knowledge for the continuing development of each student's potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,502,204$18,861,820▼ $640,384
Investments in Publicly Traded Securities$14,737,607$16,481,344▲ $1,743,737
Savings and Temporary Cash Investments$2,773,538$2,483,354▼ $290,184
Pledges and Grants Receivable$2,476,893$2,295,692▼ $181,201
Prepaid Expenses and Deferred Charges$142,238$317,743▲ $175,505
Accounts Receivable$417,575$233,491▼ $184,084
Cash and Non-Interest-Bearing Accounts$236,566$112,627▼ $123,939
Inventories for Sale or Use$36,429$33,478▼ $2,951
Total Assets$40,996,337$41,522,164▲ $525,827
Other Assets Total$673,287$702,615▲ $29,328
Liabilities
Tax Exempt Bond Liabilities$7,235,000$7,235,000→ $0
Accounts Payable and Accrued Expenses$1,176,010$1,215,272▲ $39,262
Other Liabilities$911,904$1,051,255▲ $139,351
Mortgage Notes Payable Secured by Investment Property$34,551$5,691▼ $28,860
Total Liabilities$9,357,465$9,507,218▲ $149,753
Net Assets / Fund Balance
Unrestricted Net Assets$16,906,158$17,380,304▲ $474,146
Permanently Rstr Net Assets$10,786,392$10,972,103▲ $185,711
Temporarily Rstr Net Assets$3,946,322$3,662,539▼ $283,783
Total Net Assets Fund Balance$31,638,872$32,014,946▲ $376,074
Total Liabilities and Net Assets / Fund Balance$40,996,337$41,522,164▲ $525,827

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,273,182$11,847,760$30,120,942
Equipment$140,683$1,423,544$1,564,227
Other Land Buildings$111,125$969,531$1,080,656
Land$336,830-$336,830

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$17,089,413$997,629▲ $1,759,604$-958,983$18,887,663
2013$16,584,902$338,503▲ $455,304$-289,296$17,089,413
2012$17,452,799$58,847▼ $26,128$900,616$16,584,902
2011$19,601,716$59,747▼ $12,726$3,116,055$16,532,682
2010$16,275,969$1,054,335▲ $2,271,412-$19,601,716
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregory J SchneiderHead of SchoolFT$275,250$47,031$322,281
Cindy BriggsAssistant Head of SchoolFT$135,707$9,009$144,716
Seth HurdDirector of Arts and Campus OperationsFT$113,206$17,940$131,146
Shiela EstenDirector of Upper SchoolFT$102,644$14,550$117,194
Bradley CatesDirector of FinanceFT$80,478$8,862$89,340

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Sage Dining Services INCDining Services-$697,656
Ledgemere TransportationStudent Transportation-$492,661
Bsc Cleaning ServicesCleaning Services-$178,836
Sadco Site Development CorpConstruction Services-$139,466
Stateline Landscape And PavingLandscaping Services-$105,257
Revenue and Support

Revenue Composition

Contributions and Grants
$1,336,071
Program Service Revenue
$16,335,754
Investment Income
$400,312
Other Revenue
$95,244
All Other Contributions
$1,336,071
Change in Net Assets
$-1,091,074

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded12$98,206Fair Market Value
Total Noncash Contributions12$98,206-

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,651,347
Revenue Not Reported on Financial Statements
$3,516,034
Revenue Not Reported on Form 990
$1,482,449
Other Revenue Adjustments
$3,498,980
Total Revenue per Audited Statements
$16,133,796
Total Revenue per Form 990
$18,167,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,278,910
Other Expenses$5,480,565
Grants and Similar Amounts Paid$3,498,980
Total Fundraising Expense$482,436
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,139,406$1,397,901$139,378$6,676,685
Grants to Domestic Individuals$3,498,980--$3,498,980
Other Employee Benefits$2,344,870$772,472$98,162$3,215,504
Fees for Services Other$1,480,025$17,261$9,012$1,506,298
Depreciation Depletion$891,369$23,628-$914,997
Occupancy$454,127$26,705-$480,832
Current Officers, Directors, Trustees, and Key Employees$193,361$65,743$127,617$386,721
Interest-$202,857-$202,857
Other Expenses$409,426$116,825$44,868$161,693
Insurance-$128,760-$128,760
Fees for Services Legal-$116,421-$116,421
Travel$72,109$14,891$5,835$92,835
Information Technology-$91,400-$91,400
Fees for Services Accounting-$23,000-$23,000
Office Expenses-$20,125-$20,125
Fees for Service Investment Mgmnt Fees-$17,054-$17,054
Advertising$3,448$4,891-$8,339
Total Functional Expenses$15,293,760$3,482,259$482,436$19,258,455

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$19,258,455
Total Expenses per Audited Statements$15,757,722
Expenses per Audited Statements$15,742,421
Expenses Not Reported on Financial Statements$3,516,034
Other Expense Adjustments$3,498,980
Expenses Not Reported on Form 990$15,301
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James JalbertTrusteeBus ServiceNo$7,319
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advance Tuition & Deposits$1,051,255

Bond Issues

BondIssuerIssuedIssue PricePurpose
A01-03920062013-03-13$7,235,000Refinance 2011 town of south berwick bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,235,000$7,122,141-$112,859

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The business manager prepares raw materials for the independent accounting firm following the annual audit fieldwork. After preparation of the 990, the independent accounting firm provides a copy to the business manager. The business manager then provides the audit committee with a draft copy of the 990 to review individually prior to vote. The audit committee votes to approve the form 990 as drafted on behalf of the board of trustees. The audit committee reports to both the finance committee and the board of trustees.

Form 990, Part VI, Section B, Line 12C

New board members are educated by the committee through the orientation process. Annually the board member disclosure and policy is reviewed and signed by each member at the first board meeting. The committee on trustees is made aware of any issues. Management monitors any disclosures and keeps a watch out for any conflicts of interest. At this time, no conflicts of interest have been self-identified nor identified by the committee on trustees or management.

Form 990, Part VI, Section B, Line 15

The board of trustees has an ad hoc compensation committee which reviews and researches the head of school's compensation on an ongoing basis. The head of school, and the business manager review and research management compensation. The head of school and the business manager participate in a variety of benchmarking organization and review compensation on an ongoing basis.

Form 990, Part VI, Section C, Line 19

The annual disclosures and financial statements are provided annually to the rating dissemination agent. Public inspection copies of the 990, the financial statements, disclosure statements and other governing documents are available in the business manager's office from 8:00am to 4:30pm, monday through friday by appointment.

Filing and Contact Details

Filer

EIN
01-0223755
Phone
2073842164

Signing Officer

Name
Bradley a Cates
Title
Director of Finance
Phone
2073842164
Signed
2014-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory J Schneider
Formed
1791
Legal Domicile
Me
Voting Board Members
24
Independent Board Members
23
Employees
228
Volunteers
200

Preparer

Preparer
Jason C Leblanc
Phone
2077721981
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Audit process oversight: the process has not changed.

Financial Statement Notes

PART V, LINE 4:

The purpose of this fund is to generate income to be used to provide annual scholarships, awards, and prizes to students of the academy as well as to provide support for general operations of the academy.

PART X, LINE 2:

U.s. Gaap prescribes a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that the academy has taken or expects to take on a tax return. The academy recognizes the tax benefits from uncertain tax positions if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The academy does not believe it has taken a position on its tax returns which would require the recognition of a tax benefit and, accordingly, no adjustment to the financial statements has been made. The academy is no longer subject to examination by tax authorities for fiscal years before 2011.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Inventory cost of goods sold 15,301.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and financial aid 3,498,980.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Inventory cost of goods sold 15,301.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and financial aid 3,498,980.

Raw XML AppendixShowing 400 of 823 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO PROMOTE "VIRTUE AND USEFUL KNOWLEDGE AMONG THE RISING GENERATIONS." FOR OVER 200 YEARS, THE ACADEMY HAS PURSUED ITS MISSION THROUGH A CLASSICAL EDUCATION OF THE WHOLE PERSON. WE PREPARE STUDENTS TO PROSPER ACADEMICALLY IN COLLEGE AND TO ENJOY AN ENDURING COMMITMENT TO THE LIFE OF THE MIND. WE TEACH THE CREATIVE PROCESS OF THE ARTS EMPHASIZING PERFORMANCE AND EXHIBITION. WE PROMOTE ATHLETIC AND PHYSICAL DEVELOPMENT WITHIN AN ETHIC OF SPORTSMANSHIP. WE NURTURE STRENGTH OF CHARACTER, INDIVIDUAL RESPONSIBILITY, AND A COMMITMENT TO THE COMMON GOOD. BERWICK STUDENTS, TEACHERS, AND FAMILIES COMPRISE A COMMUNITY OF LEARNERS THAT INSTILLS THE ETHIC OF PERSONAL EXCELLENCE. THE ACADEMY IS ONE SCHOOL WITH THREE DIVISIONS EACH DESIGNED TO BROADEN AND DEEPEN THE FOUNDATIONS OF VIRTUE AND KNOWLEDGE FOR THE CONTINUING DEVELOPMENT OF EACH STUDENT'S POTENTIAL.
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IRS990/Desc0INDEPENDENT COEDUCATIONAL COUNTRY DAY SCHOOL, PRE-K THROUGH POST GRADUATE, SERVING OVER 592 STUDENTS FROM THE SEACOAST AREA OF SOUTHERN MAINE, NEW HAMPSHIRE, AND NORTH SHORE MASSACHUSETTS.
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2239164
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt258862
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt269009
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2717940
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2814550
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD KAGELEIRY
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH J HETZ
IRS990/Form990PartVIISectionAGrp/PersonNm2HOLLY A MALLOY
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES JALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm4KAREN G WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm5LISA GOULEMAS
IRS990/Form990PartVIISectionAGrp/PersonNm6MALCOLM E SMITH III
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL J SCHAFER
IRS990/Form990PartVIISectionAGrp/PersonNm8PHIL CAVANAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT J HOY
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSAN NOERDLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMIE JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm12KENNETT KENDALL JR
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm14PATRICK SPEARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15DIANE WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm16GREG RAIFF
IRS990/Form990PartVIISectionAGrp/PersonNm17PAULA REID
IRS990/Form990PartVIISectionAGrp/PersonNm18BOB RICHARD
IRS990/Form990PartVIISectionAGrp/PersonNm19MARK C SVENSON
IRS990/Form990PartVIISectionAGrp/PersonNm20ALEX AUTY
IRS990/Form990PartVIISectionAGrp/PersonNm21ERIC S KATZ
IRS990/Form990PartVIISectionAGrp/PersonNm22GREGORY J SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm23LUCAS M MERROW
IRS990/Form990PartVIISectionAGrp/PersonNm24MATTHEW R FRIEL
IRS990/Form990PartVIISectionAGrp/PersonNm25BRADLEY CATES
IRS990/Form990PartVIISectionAGrp/PersonNm26CINDY BRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm27SETH HURD
IRS990/Form990PartVIISectionAGrp/PersonNm28SHIELA ESTEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22283117
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2580478
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26135707
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27113206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28102644
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt23TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt26ASSISTANT HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR OF ARTS AND CAMPUS OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR OF UPPER SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01791
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt011137
IRS990/GainOrLossGrp/SecuritiesAmt094875
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt03498980
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03498980
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03498980
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt011137
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04552591
IRS990/GrossReceiptsAmt022640398
IRS990/GrossRentsGrp/RealAmt026425
IRS990/GrossSalesOfInventoryAmt020385
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt091400
IRS990/InformationTechnologyGrp/TotalAmt091400
IRS990/InsuranceGrp/ManagementAndGeneralAmt0128760
IRS990/InsuranceGrp/TotalAmt0128760
IRS990/InterestGrp/ManagementAndGeneralAmt0202857
IRS990/InterestGrp/TotalAmt0202857
IRS990/InventoriesForSaleOrUseGrp/BOYAmt036429
IRS990/InventoriesForSaleOrUseGrp/EOYAmt033478
IRS990/InvestmentIncomeGrp/ExclusionAmt0294300
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0294300
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014737607
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016481344
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt068
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014240835
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019502204
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018861820
IRS990/LandBldgEquipCostOrOtherBssAmt033102655
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04457716
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE "VIRTUE AND USEFUL KNOWLEDGE AMONG THE RISING GENERATIONS." FOR OVER 200 YEARS, THE ACADEMY HAS PURSUED ITS MISSION THROUGH A CLASSICAL EDUCATION OF THE WHOLE PERSON. WE PREPARE STUDENTS TO PROSPER ACADEMICALLY IN COLLEGE AND TO ENJOY AN ENDURING COMMITMENT TO THE LIFE OF THE MIND. WE TEACH THE CREATIVE PROCESS OF THE ARTS EMPHASIZING PERFORMANCE AND EXHIBITION. WE PROMOTE ATHLETIC AND PHYSICAL DEVELOPMENT WITHIN AN ETHIC OF SPORTSMANSHIP. WE NURTURE STRENGTH OF CHARACTER, INDIVIDUAL RESPONSIBILITY, AND A COMMITMENT TO THE COMMON GOOD. BERWICK STUDENTS, TEACHERS, AND FAMILIES COMPRISE A COMMUNITY OF LEARNERS THAT INSTILLS THE ETHIC OF PERSONAL EXCELLENCE. THE ACADEMY IS ONE SCHOOL WITH THREE DIVISIONS EACH DESIGNED TO BROADEN AND DEEPEN THE FOUNDATIONS OF VIRTUE AND KNOWLEDGE FOR THE CONTINUING DEVELOPMENT OF EACH STUDENT'S POTENTIAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt034551
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05691
IRS990/NetAssetsOrFundBalancesBOYAmt031638872
IRS990/NetAssetsOrFundBalancesEOYAmt032014946
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt094875

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.1$13.3$47.8$26.8$28.0$1.20
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.6$12.2$46.4$26.5$27.1$0.63
2023Detailed filing. Detailed filing data is available for this year.$57.7$13.2$44.5$26.1$26.4$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.9$12.9$42.9$29.6$24.4$5.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.9$15.1$42.8$29.0$23.8$5.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.8$15.3$33.5$23.6$23.0$0.67
2019Detailed filing. Detailed filing data is available for this year.$46.1$13.5$32.6$24.2$23.0$1.19
2018Detailed filing. Detailed filing data is available for this year.$43.3$12.2$31.2$22.3$22.6$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.8$12.2$30.6$20.6$21.6$1.09
2016Detailed filing. Detailed filing data is available for this year.$40.7$11.2$29.5$19.9$20.3$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.2$10.8$31.4$20.2$19.9$0.32
2014Detailed filing. Detailed filing data is available for this year.$41.5$9.51$32.0$18.2$19.3$1.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.0$9.36$31.6$17.7$18.3$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.8$8.94$31.9$16.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.2$9.46$31.8$15.7