Civic Intelligence

The Bement School Inc.

990 • Fiscal year 2021 • EIN 04-2234135

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 06, 2021

Organization ProfileWWW.BEMENT.ORG

View Organization Page

PO Box 8Deerfield, MA 01342

(413) 774-7061

Siviq Scores

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

Liabilities / Assets

51st percentile

0.18x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.51x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

15th percentile

-5.3%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

50th percentile

$170,967

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

28th percentile

2.0%

Faster asset growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

19th percentile

-8.2%

Faster revenue growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$24,887,856

Up $482,065 (+2.0%) from 2020

Net Assets

Up

$20,403,833

Up $967,466 (+5.0%) from 2020

Liabilities

Down

$4,484,023

Down $485,401 (-9.8%) from 2020

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin15th percentile

Revenue

Down

$8,728,672

Down $780,673 (-8.2%) from 2020

Expenses

Up

$9,189,749

Up $87,400 (+1.0%) from 2020

Net Income

Down

-$461,077

Down $868,073 (-213%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$40M$30M$20M$10M$0Assets 2011: $18,370,838Liabilities 2011: $5,142,051Net Assets 2011: $13,228,7872011Assets 2012: $18,850,422Liabilities 2012: $5,167,053Net Assets 2012: $13,683,3692012Assets 2013: $19,935,769Liabilities 2013: $5,135,801Net Assets 2013: $14,799,9682013Assets 2014: $20,622,020Liabilities 2014: $4,842,996Net Assets 2014: $15,779,0242014Assets 2015: $19,923,135Liabilities 2015: $3,771,935Net Assets 2015: $16,151,2002015Assets 2016: $19,095,614Liabilities 2016: $2,955,883Net Assets 2016: $16,139,7312016Assets 2017: $20,039,797Liabilities 2017: $3,280,029Net Assets 2017: $16,759,7682017Assets 2018: $21,803,482Liabilities 2018: $4,084,235Net Assets 2018: $17,719,2472018Assets 2019: $22,722,913Liabilities 2019: $3,755,904Net Assets 2019: $18,967,0092019Assets 2020: $24,405,791Liabilities 2020: $4,969,424Net Assets 2020: $19,436,3672020Assets 2021: $24,887,856Liabilities 2021: $4,484,023Net Assets 2021: $20,403,8332021Assets 2022: $22,940,290Liabilities 2022: $4,706,574Net Assets 2022: $18,233,7162022Assets 2023: $24,125,721Liabilities 2023: $4,923,908Net Assets 2023: $19,201,8132023Assets 2024: $28,203,778Liabilities 2024: $5,741,979Net Assets 2024: $22,461,7992024Assets 2025: $31,064,413Liabilities 2025: $5,987,588Net Assets 2025: $25,076,8252025

Highlighted filing

2021

Assets$24,887,856
Liabilities$4,484,023
Net Assets$20,403,833
Open 2021 Filing

Operations Trend

Revenue Growth19th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,198,058Expenses 2011: $5,870,291Net Income 2011: $327,7672011Revenue 2012: $6,694,309Expenses 2012: $6,230,419Net Income 2012: $463,8902012Revenue 2013: $7,072,130Expenses 2013: $6,210,358Net Income 2013: $861,7722013Revenue 2014: $6,777,616Expenses 2014: $6,230,671Net Income 2014: $546,9452014Revenue 2015: $7,253,818Expenses 2015: $6,662,553Net Income 2015: $591,2652015Revenue 2016: $6,754,079Expenses 2016: $6,597,606Net Income 2016: $156,4732016Revenue 2017: $7,452,326Expenses 2017: $7,262,955Net Income 2017: $189,3712017Revenue 2018: $8,751,795Expenses 2018: $7,958,905Net Income 2018: $792,8902018Revenue 2019: $9,507,486Expenses 2019: $8,655,329Net Income 2019: $852,1572019Revenue 2020: $9,509,345Expenses 2020: $9,102,349Net Income 2020: $406,9962020Revenue 2021: $8,728,672Expenses 2021: $9,189,749Net Income 2021: -$461,0772021Revenue 2022: $8,963,162Expenses 2022: $9,071,886Net Income 2022: -$108,7242022Revenue 2023: $10,335,666Expenses 2023: $10,179,298Net Income 2023: $156,3682023Revenue 2024: $12,987,000Expenses 2024: $10,624,803Net Income 2024: $2,362,1972024Revenue 2025: $14,434,563Expenses 2025: $12,654,033Net Income 2025: $1,780,5302025

Highlighted filing

2021

Revenue$8,728,672
Expenses$9,189,749
Net Income-$461,077
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 6, 2021
Return Version
2020v4.1
Gross Receipts
$9,514,837
Mission and Program Overview

Mission

The bement school provides an education based on time-honored school traditions and values for children in kindergarten through ninth grade, day and boarding. From the classrooms to the dorms, we live and learn as a family, while encouraging responsibility for our own work and actions. Bement actively seeks an academically diverse, international, and multicultural student body. Students and adults at bement work together to create a climate of acceptance, kindness and challenge which nurtures each child intellectually, creatively, physically, and emotionally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,537,094$11,232,420▲ $1,695,326
Land, Buildings, and Equipment, Net$10,383,467$10,093,572▼ $289,895
Savings and Temporary Cash Investments$3,212,828$3,266,114▲ $53,286
Pledges and Grants Receivable$312,084$186,925▼ $125,159
Prepaid Expenses and Deferred Charges$74,136$62,719▼ $11,417
Accounts Receivable$106,509$36,106▼ $70,403
Cash and Non-Interest-Bearing Accounts$10,000$10,000→ $0
Total Assets$24,405,791$24,887,856▲ $482,065
Other Assets Total$769,673$0▼ $769,673
Liabilities
Other Liabilities$3,156,970$2,351,530▼ $805,440
Mortgage Notes Payable Secured by Investment Property$1,265,080$1,221,948▼ $43,132
Accounts Payable and Accrued Expenses$524,422$462,287▼ $62,135
Deferred Revenue$22,952$448,258▲ $425,306
Total Liabilities$4,969,424$4,484,023▼ $485,401
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,180,536$14,947,429▲ $766,893
Net Assets With Donor Restrictions$5,255,831$5,456,404▲ $200,573
Total Net Assets Fund Balance$19,436,367$20,403,833▲ $967,466
Total Liabilities and Net Assets / Fund Balance$24,405,791$24,887,856▲ $482,065

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,415,161$5,738,901$15,154,062
Equipment$288,972$904,518$1,193,490
Other Land Buildings$155,295$366,019$521,314
Land$234,144-$234,144

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$9,541,991$309,802▲ $1,964,379$37,133$11,480,039
2019$9,230,188$272,451▲ $378,347$39,995$9,541,991
2018$8,440,418$156,247▲ $886,514$43,020$9,230,188
2017$7,740,522$194,281▲ $549,871$44,256$8,440,418
2016$6,804,217$219,230▲ $755,755$38,680$7,740,522
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dylan KorpitaFormer Director of Finance and OpFT$149,809$21,158$170,967
Kimberly LoughlinDirector of Admission/asst Head of SchoolFT$116,845$19,215$136,060
Michael SchloatHead of SchoolFT$87,555$10,787$98,342

Board Members and Trustees

NameTitle
Kwame HarrisonPresident
Kim ButzVice President
Brian PearsonTrustee
Brian ThompsonTrustee
Caroline HainesTrustee
Craig WhiteTrustee
Desiree KiczaTrustee
Eduardo CisnerosTrustee
Jane PlagerTrustee
Ladimer NagurneyTrustee
Mary CohnTrustee
Pamela KlonarisTrustee
Raymond ChenTrustee
Richard ShumanTrustee
Riche BarnesTrustee
Tim Van EppsTrustee
Wayne WilkeyTrustee
Lisa KittredgeSecretary
Bob HoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,183,639
Program Service Revenue
$7,019,957
Investment Income
$525,076
Other Revenue
$0
All Other Contributions
$353,639
Change in Net Assets
$-461,077

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 Traded7$70,772Market Value
Total Noncash Contributions7$70,772-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,306,722
Revenue Not Reported on Financial Statements
$1,421,950
Revenue Not Reported on Form 990
$1,428,543
Other Revenue Adjustments
$1,421,950
Total Revenue per Audited Statements
$8,735,265
Total Revenue per Form 990
$8,728,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,371,308
Other Expenses$3,396,491
Grants and Similar Amounts Paid$1,421,950
Total Fundraising Expense$743,197
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,531,866$471,143$368,279$3,371,288
Grants to Domestic Individuals$1,421,950--$1,421,950
Occupancy$542,452$186,215$80,963$809,630
Depreciation Depletion$381,451$130,946$56,933$569,330
All Other Expenses$403,281$26,967-$430,248
Other Employee Benefits$297,067$49,924$43,154$390,145
Payroll Taxes$195,936$46,991$28,337$271,264
Current Officers, Directors, Trustees, and Key Employees-$213,287-$213,287
Advertising-$41,835$119,718$161,553
Other Expenses$180,031$143,741-$143,741
Pension Plan Contributions$85,731$23,311$16,282$125,324
Insurance-$95,126-$95,126
Office Expenses-$59,396$26,238$85,634
Fees for Services Other-$70,638-$70,638
Interest-$55,248-$55,248
Fees for Services Accounting-$16,500-$16,500
Travel--$3,293$3,293
Total Functional Expenses$6,815,284$1,631,268$743,197$9,189,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,189,749
Expenses per Audited Statements$7,767,799
Total Expenses per Audited Statements$7,767,799
Expenses Not Reported on Financial Statements$1,421,950
Other Expense Adjustments$1,421,950
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advance Tuition Deposits$2,351,530
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 35% controlled entity
No
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
No
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 11B

“Process to review form 990 the form 990 is presented to and reviewed by the board of trustees prior to its filing.”

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

“Process for monitoring compliance with the conflict of interest policy the board of trustees monitors and enforces compliance with the conflict of interest policy on an on-going basis throughout the year. The organization discloses any related party transactions in the annual audited financial statements.”

Form 990, Part VI, Section B, Line 15A

“Process for determining compensation of the head of school the board of trustees reviews and approves the head of school's annual salary.”

Form 990, Part VI, Section C, Line 19

“Disclosure of governing documents the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request of the interested party.”

Filing and Contact Details

Filer

Filer Name
The Bement School Inc
EIN
04-2234135
Phone
4137747061
Address
PO BOX 8, DEERFIELD, MA 01342

Signing Officer

Name
Michael Schloat
Title
Head of School
Phone
4137747061
Signed
2021-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Schloat
Formed
1957
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
94
Volunteers
0

Preparer

Firm
Whittlesey Pc
Address
14 BOBALA RD, HOLYOKE, MA 01040
Preparer
Lisa Wills
Phone
4135363970
Supplemental Narrative

Additional Explanations

Form 990, Fart XII, Line 2C

“No changes to the organizations's oversight or selection process during the tax year.”

Financial Statement Notes

PART V, LINE 4:

“Intended uses of the organization's endowment funds the bement school, inc. Uses the endowment funds to support the general operations of the school.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships and tuition 1,421,950.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships and tuition 1,421,950.”

Raw XML AppendixShowing 400 of 645 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/Form990PartVIISectionAGrp/PersonNm7JANE PLAGER
IRS990/Form990PartVIISectionAGrp/PersonNm8MARY COHN
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD SHUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHE BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm11LADIMER NAGURNEY
IRS990/Form990PartVIISectionAGrp/PersonNm12WAYNE WILKEY
IRS990/Form990PartVIISectionAGrp/PersonNm13RAYMOND CHEN
IRS990/Form990PartVIISectionAGrp/PersonNm14CAROLINE HAINES
IRS990/Form990PartVIISectionAGrp/PersonNm15EDUARDO CISNEROS
IRS990/Form990PartVIISectionAGrp/PersonNm16DESIREE KICZA
IRS990/Form990PartVIISectionAGrp/PersonNm17BRIAN PEARSON
IRS990/Form990PartVIISectionAGrp/PersonNm18BRIAN THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm19CRAIG WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm20KIMBERLY LOUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm21DYLAN KORPITA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt087555
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20116845
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21149809
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
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/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF ADMISSION/ASST HOS
IRS990/Form990PartVIISectionAGrp/TitleTxt21FORMER DIRECTOR OF FINANCE AND OP
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0304424
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt0830000
IRS990/GrantAmt01421950
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01421950
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01421950
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01090589
IRS990/GrossReceiptsAmt09514837
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt095126
IRS990/InsuranceGrp/TotalAmt095126
IRS990/InterestGrp/ManagementAndGeneralAmt055248
IRS990/InterestGrp/TotalAmt055248
IRS990/InvestmentIncomeGrp/ExclusionAmt0220652
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0220652
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09537094
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011232420
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07009438
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010383467
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010093572
IRS990/LandBldgEquipCostOrOtherBssAmt017103010
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0786165
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BEMENT SCHOOL PROVIDES AN EDUCATION BASED ON TIME-HONORED SCHOOL TRADITIONS AND VALUES FOR CHILDREN IN KINDERGARTEN THROUGH NINTH GRADE, DAY AND BOARDING. FROM THE CLASSROOMS TO THE DORMS, WE LIVE AND LEARN AS A FAMILY, WHILE ENCOURAGING RESPONSIBILITY FOR OUR OWN WORK AND ACTIONS. BEMENT ACTIVELY SEEKS AN ACADEMICALLY DIVERSE, INTERNATIONAL, AND MULTICULTURAL STUDENT BODY. STUDENTS AND ADULTS AT BEMENT WORK TOGETHER TO CREATE A CLIMATE OF ACCEPTANCE, KINDNESS AND CHALLENGE WHICH NURTURES EACH CHILD INTELLECTUALLY, CREATIVELY, PHYSICALLY, AND EMOTIONALLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01265080
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01221948
IRS990/NetAssetsOrFundBalancesBOYAmt019436367
IRS990/NetAssetsOrFundBalancesEOYAmt020403833
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0304424
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0304424
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01428543
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014180536
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014947429
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt080963
IRS990/OccupancyGrp/ManagementAndGeneralAmt0186215
IRS990/OccupancyGrp/ProgramServicesAmt0542452
IRS990/OccupancyGrp/TotalAmt0809630
IRS990/OfficeExpensesGrp/FundraisingAmt026238
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059396
IRS990/OfficeExpensesGrp/TotalAmt085634
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0769673
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt043154
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049924
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0297067
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0390145
IRS990/OtherExpensesGrp/Desc0RESIDENTIAL LIFE
IRS990/OtherExpensesGrp/Desc1DINING
IRS990/OtherExpensesGrp/Desc2HEALTH SERVICES
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0143741
IRS990/OtherExpensesGrp/ProgramServicesAmt0434894
IRS990/OtherExpensesGrp/ProgramServicesAmt1340625
IRS990/OtherExpensesGrp/ProgramServicesAmt2180031
IRS990/OtherExpensesGrp/TotalAmt0434894
IRS990/OtherExpensesGrp/TotalAmt1340625
IRS990/OtherExpensesGrp/TotalAmt2180031
IRS990/OtherExpensesGrp/TotalAmt3143741
IRS990/OtherLiabilitiesGrp/BOYAmt03156970
IRS990/OtherLiabilitiesGrp/EOYAmt02351530
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0368279
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0471143
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02531866
IRS990/OtherSalariesAndWagesGrp/TotalAmt03371288
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt028337
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt046991
IRS990/PayrollTaxesGrp/ProgramServicesAmt0195936
IRS990/PayrollTaxesGrp/TotalAmt0271264
IRS990/PensionPlanContributionsGrp/FundraisingAmt016282
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt023311
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt085731
IRS990/PensionPlanContributionsGrp/TotalAmt0125324
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0312084
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0186925
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074136
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062719
IRS990/PrincipalOfficerNm0MICHAEL SCHLOAT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2SUMMER PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06850951
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1160006
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06850951
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01098325
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01304685
IRS990/PYInvestmentIncomeAmt0356542
IRS990/PYOtherExpensesAmt03460858
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08054478
IRS990/PYRevenuesLessExpensesAmt0406996
IRS990/PYSalariesCompEmpBnftPaidAmt04336806
IRS990/PYTotalExpensesAmt09102349
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09509345
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-461077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,887,856
Liabilities
$4,484,023
Net assets
$20,403,833
Revenue
$8,728,672
Expenses
$9,189,749
Net income
-$461,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$31.1$5.99$25.1$14.4$12.7$1.78
2024Detailed filing. Detailed filing data is available for this year.$28.2$5.74$22.5$13.0$10.6$2.36
2023Detailed filing. Detailed filing data is available for this year.$24.1$4.92$19.2$10.3$10.2$0.16
2022Detailed filing. Detailed filing data is available for this year.$22.9$4.71$18.2$8.96$9.07$0.11
2021Detailed filing. Detailed filing data is available for this year.$24.9$4.48$20.4$8.73$9.19$0.46
2020Detailed filing. Detailed filing data is available for this year.$24.4$4.97$19.4$9.51$9.10$0.41
2019Detailed filing. Detailed filing data is available for this year.$22.7$3.76$19.0$9.51$8.66$0.85
2018Summary only. Only limited summary data is available for this year.$21.8$4.08$17.7$8.75$7.96$0.79
2017Summary only. Only limited summary data is available for this year.$20.0$3.28$16.8$7.45$7.26$0.19
2016Summary only. Only limited summary data is available for this year.$19.1$2.96$16.1$6.75$6.60$0.16
2015Summary only. Only limited summary data is available for this year.$19.9$3.77$16.2$7.25$6.66$0.59
2014Summary only. Only limited summary data is available for this year.$20.6$4.84$15.8$6.78$6.23$0.55
2013Summary only. Only limited summary data is available for this year.$19.9$5.14$14.8$7.07$6.21$0.86
2012Summary only. Only limited summary data is available for this year.$18.9$5.17$13.7$6.69$6.23$0.46
2011Summary only. Only limited summary data is available for this year.$18.4$5.14$13.2$6.20$5.87$0.33