Civic Intelligence

Lycee International De Boston

EIN 04-2385120 • 501(c)3 • Cambridge, MA

View Organization Page

Profile

The international school of boston (isb) is an independent, non-profit, preschool-12 french-english bilingual and international school located in cambridge, massachusetts, in one of the most vibrant metropolitan areas in the united states. As a world-class, accredited academic institution, isb places the development of the bilingual brain at the heart of its mission. Isb students graduate with an american high school diploma and choose between two internationally renowned diplomas, the french or the international baccalaureate, giving them the opportunity to thrive at leading universities in the united states, france, and around the world. Offering a rich experience with rigorous programs, isb prepares its students for a lifetime of learning and service.

45 Matignon RoadCambridge, MA 02140

www.isbos.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.71x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.40x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

50th percentile

4.3%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$350,760

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

47th percentile

4.4%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-0.5%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$46,800,324

Up $1,960,629 (+4.4%) from 2023

Liabilities

Up

$33,410,070

Up $905,683 (+2.8%) from 2023

Net Assets

Up

$13,390,254

Up $1,054,946 (+8.6%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin50th percentile

Revenue

Down

$23,943,574

Down $126,003 (-0.5%) from 2023

Expenses

Up

$22,916,436

Up $927,976 (+4.2%) from 2023

Net Income

Down

$1,027,138

Down $1,053,979 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $14,449,485Liabilities 2011: $10,215,559Net Assets 2011: $4,233,9262011Assets 2012: $24,244,269Liabilities 2012: $19,416,067Net Assets 2012: $4,828,2022012Assets 2013: $24,862,176Liabilities 2013: $18,917,333Net Assets 2013: $5,944,8432013Assets 2014: $25,628,918Liabilities 2014: $19,148,587Net Assets 2014: $6,480,3312014Assets 2015: $27,197,888Liabilities 2015: $20,392,082Net Assets 2015: $6,805,8062015Assets 2016: $26,906,596Liabilities 2016: $19,472,035Net Assets 2016: $7,434,5612016Assets 2017: $29,277,688Liabilities 2017: $21,508,842Net Assets 2017: $7,768,8462017Assets 2018: $33,549,600Liabilities 2018: $25,431,761Net Assets 2018: $8,117,8392018Assets 2019: $35,233,075Liabilities 2019: $26,614,938Net Assets 2019: $8,618,1372019Assets 2020: $36,278,421Liabilities 2020: $27,616,713Net Assets 2020: $8,661,7082020Assets 2021: $37,411,967Liabilities 2021: $27,707,397Net Assets 2021: $9,704,5702021Assets 2022: $39,683,293Liabilities 2022: $29,446,998Net Assets 2022: $10,236,2952022Assets 2023: $44,839,695Liabilities 2023: $32,504,387Net Assets 2023: $12,335,3082023Assets 2024: $46,800,324Liabilities 2024: $33,410,070Net Assets 2024: $13,390,2542024

Highlighted filing

2024

Assets$46,800,324
Liabilities$33,410,070
Net Assets$13,390,254
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Expenses 2011: $12,153,1342011Revenue 2012: $14,057,864Expenses 2012: $13,463,588Net Income 2012: $594,2762012Revenue 2013: $16,217,543Expenses 2013: $15,100,902Net Income 2013: $1,116,6412013Revenue 2014: $15,862,396Expenses 2014: $15,326,948Net Income 2014: $535,4482014Revenue 2015: $16,639,285Expenses 2015: $16,313,186Net Income 2015: $326,0992015Revenue 2016: $17,586,891Expenses 2016: $16,958,136Net Income 2016: $628,7552016Revenue 2017: $17,181,621Expenses 2017: $16,847,336Net Income 2017: $334,2852017Revenue 2018: $18,174,272Expenses 2018: $17,825,279Net Income 2018: $348,9932018Revenue 2019: $19,155,104Expenses 2019: $18,654,761Net Income 2019: $500,3432019Revenue 2020: $18,498,261Expenses 2020: $18,454,507Net Income 2020: $43,7542020Revenue 2021: $19,857,918Expenses 2021: $18,815,054Net Income 2021: $1,042,8642021Revenue 2022: $19,782,527Expenses 2022: $19,228,480Net Income 2022: $554,0472022Revenue 2023: $24,069,577Expenses 2023: $21,988,460Net Income 2023: $2,081,1172023Revenue 2024: $23,943,574Expenses 2024: $22,916,436Net Income 2024: $1,027,1382024

Highlighted filing

2024

Revenue$23,943,574
Expenses$22,916,436
Net Income$1,027,138
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,800,324
Liabilities
$33,410,070
Net assets
$13,390,254
Revenue
$23,943,574
Expenses
$22,916,436
Net income
$1,027,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.8$33.4$13.4$23.9$22.9$1.03
2023Detailed filing. Detailed filing data is available for this year.$44.8$32.5$12.3$24.1$22.0$2.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$29.4$10.2$19.8$19.2$0.55
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$37.4$27.7$9.70$19.9$18.8$1.04
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$36.3$27.6$8.66$18.5$18.5$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$26.6$8.62$19.2$18.7$0.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.5$25.4$8.12$18.2$17.8$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.3$21.5$7.77$17.2$16.8$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.9$19.5$7.43$17.6$17.0$0.63
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$27.2$20.4$6.81$16.6$16.3$0.33
2014Detailed filing. Detailed filing data is available for this year.$25.6$19.1$6.48$15.9$15.3$0.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$18.9$5.94$16.2$15.1$1.12
2012Summary only. Only limited summary data is available for this year.$24.2$19.4$4.83$14.1$13.5$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$10.2$4.23$12.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$24,026,518
Mission and Program Overview

Mission

The international school of boston (isb) is an independent, non-profit, preschool-12 french-english bilingual and international school located in cambridge, massachusetts, in one of the most vibrant metropolitan areas in the united states. As a world-class, accredited academic institution, isb places the development of the bilingual brain at the heart of its mission. Isb students graduate with an american high school diploma and choose between two internationally renowned diplomas, the french or the international baccalaureate, giving them the opportunity to thrive at leading universities in the united states, france, and around the world. Offering a rich experience with rigorous programs, isb prepares its students for a lifetime of learning and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,766,483$16,514,235▼ $252,248
Accounts Receivable$11,408,509$13,145,669▲ $1,737,160
Cash and Non-Interest-Bearing Accounts$4,779,774$7,205,563▲ $2,425,789
Savings and Temporary Cash Investments$8,016,750$6,328,421▼ $1,688,329
Prepaid Expenses and Deferred Charges$409,299$491,198▲ $81,899
Investments in Publicly Traded Securities$163,522$222,141▲ $58,619
Pledges and Grants Receivable$5,790$603▼ $5,187
Total Assets$44,839,695$46,800,324▲ $1,960,629
Other Assets Total$3,289,568$2,892,494▼ $397,074
Liabilities
Deferred Revenue$19,241,279$20,684,791▲ $1,443,512
Tax Exempt Bond Liabilities$8,134,299$7,787,814▼ $346,485
Other Liabilities$3,650,168$3,476,931▼ $173,237
Accounts Payable and Accrued Expenses$1,478,641$1,460,534▼ $18,107
Total Liabilities$32,504,387$33,410,070▲ $905,683
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,252,218$13,320,939▲ $1,068,721
Net Assets With Donor Restrictions$83,090$69,315▼ $13,775
Total Net Assets Fund Balance$12,335,308$13,390,254▲ $1,054,946
Total Liabilities and Net Assets / Fund Balance$44,839,695$46,800,324▲ $1,960,629

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,389,889$8,050,491$21,440,380
Other Land Buildings$1,143,449$1,828,717$2,972,166
Land$1,825,474-$1,825,474
Equipment$112,548$857,537$970,085
Leasehold Improvements$42,875$610,321$653,196
Other Assets Org$2,842,640--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023-$1,000,000--$1,000,000
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard UlffersHead of SchoolFT$309,416$41,344$350,760
Isabelle PraudChief Financial OfficerFT$202,177$19,347$221,524
Mehdi LazarAssistant of Head of SchoolFT$171,836$33,162$204,998
Philippe Caron-audetSecondary School DirectorFT$164,188$9,923$174,111
Ginger GarciaMiddle School AdministratorFT$129,729$6,499$136,228
Sam RodgerIt DirectorFT$132,325$3,007$135,332
Andrea GosselinDevelopmentFT$128,865$3,769$132,634

Board Members and Trustees

NameTitle
Florence BourgeoisChair of the Board
Brandon BergerTrustee
Chadi TannouryTrustee
Eric ThompsonTrustee
Eunice ChaponTrustee
Fawzi BenghazouTrustee
Louise FrielTrustee
Mary Ann SorelTrustee
Mustapha SoykurtTrustee
Nathalie DucrestTrustee
Patrick HamiltonTrustee
Philippe SuhasTrustee
Rene RobertTrustee
Sandra VrejanTrustee
Muriel MedardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bcs Facility INCCustodials/cleaning Services201 PHEASANT RUN, Newtown, PA 18940$377,190
Paul E Dutelle And CoBuilding Contractor153 PEARL ST, Newtown, MA 02458$360,394
Empire CleaningCustodials/cleaning Services74 HATHORN BLVD, Saratoga Springs, NY 12866$219,976
Local MotionTransportation66B ROCSAM PARK RD, Braintree, MA 02184$206,285
Fraser Engineering Company INCBuilding Contractor65 COURT STREET, Newtown, MA 02460$190,499
Revenue and Support

Revenue Composition

Contributions and Grants
$338,628
Program Service Revenue
$23,165,631
Investment Income
$440,218
Other Revenue
$-903
All Other Contributions
$217,006
Change in Net Assets
$1,027,138

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,986,324
Revenue Not Reported on Financial Statements
$1,957,250
Revenue Not Reported on Form 990
$27,808
Other Revenue Adjustments
$1,957,250
Total Revenue per Audited Statements
$22,014,132
Total Revenue per Form 990
$23,943,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,986,640
Other Expenses$5,889,602
Grants and Similar Amounts Paid$2,040,194
Total Fundraising Expense$470,108
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,970,575$1,661,250$331,306$11,963,131
Grants to Domestic Individuals$2,040,194--$2,040,194
Other Employee Benefits$859,730$166,990$37,310$1,064,030
Depreciation Depletion$835,940$85,289$8,529$929,758
Payroll Taxes$742,636$154,148$25,211$921,995
Fees for Services Other$605,127$126,976$6,799$738,902
Current Officers, Directors, Trustees, and Key Employees-$596,267-$596,267
Occupancy$539,193$27,211$2,203$568,607
All Other Expenses$192,219$254,487$50,237$496,943
Pension Plan Contributions$370,295$70,922-$441,217
Office Expenses$18,349$342,251-$360,600
Information Technology-$318,559-$318,559
Interest$264,480$29,717$2,972$297,169
Other Expenses$173,907$55,405$5,541$173,907
Insurance-$122,701-$122,701
Advertising-$118,792-$118,792
Fees for Services Legal-$70,879-$70,879
Fees for Services Accounting-$69,374-$69,374
Travel-$36,503-$36,503
Total Functional Expenses$18,138,607$4,307,721$470,108$22,916,436

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,916,436
Total Expenses per Audited Statements$20,959,186
Expenses per Audited Statements$20,876,242
Expenses Not Reported on Financial Statements$2,040,194
Other Expense Adjustments$2,040,194
Expenses Not Reported on Form 990$82,944
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$82,944
Fundraising Gross Income$82,041
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Going for Gold$203,663$82,041$7,800$74,241
Total Events$203,663$82,041$82,944$-903
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$3,254,790
Deferred Compensation Plan$222,141

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2013-12-17$8,100,000Refinance and capital development
BMassachusetts Development Finance Agency2018-10-03$2,000,000RENOVATIONS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,100,000$4,025,296$1,771,067$80,505
B$2,000,000-$357,176$51,052

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
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 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
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 11B

“A copy of the 990 is provided to the board of trustees and is thoroughly reviewed before it is filed.”

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

“The policy is reviewed and updated by the board annually.”

Form 990, Part VI, Section B, Line 15

“The board of trustees determines the compensation for the head of school and cfo. Both employees have written contracts. Both of their salaries are reviewed by the board on an annual basis, and increases or adjustments, if any, shall be in the sole discretion of the board. All other personnel salaries are determined by the head of school with input from the ceo.”

Form 990, Part VI, Section C, Line 19

“The organization's financial statements are available online for viewing at www.guidestar.org, a website used to rate non-profits for the potential donors. The financial statements are also available at the massachusetts attorney general's division for public charities and at school.”

Filing and Contact Details

Filer

Filer Name
Lycee International De Boston
EIN
04-2385120
Phone
6174991451
Address
45 MATIGNON ROAD, CAMBRIDGE, MA 02140

Signing Officer

Name
Isabelle Praud
Title
Chief Financial Officer
Phone
6174991451
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isabelle Praud
Formed
1964
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
206
Volunteers
32

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
30 BRAINTREE HL OFFICE PARK STE 300, BRAINTREE, MA 02184
Preparer
Amanda Adams
Phone
7813562000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The school may spend its endowment assets on real estate capital needs as well as alleviate financial hardships faced by the school with the approval of the board of trustees.”

PART X, LINE 2:

“The school accounts for uncertain tax positions in accordance with fasb asc topic income taxes. The topic prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The topic also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The school files informational tax returns in the u.s. Federal and massachusetts state jurisdictions. Management believes that the school has no material uncertain tax postitions.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid reported on form 990, part ix, line 2 2,040,194. Direct fundraising event expenses -82,944.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising event expenses 82,944.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid reported on form 990, part ix, line 2 2,040,194.”

Raw XML AppendixShowing 400 of 830 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE INTERNATIONAL SCHOOL OF BOSTON (ISB) IS AN INDEPENDENT, NON-PROFIT, PRESCHOOL-12 FRENCH-ENGLISH BILINGUAL AND INTERNATIONAL SCHOOL LOCATED IN CAMBRIDGE, MASSACHUSETTS, IN ONE OF THE MOST VIBRANT METROPOLITAN AREAS IN THE UNITED STATES. AS A WORLD-CLASS, ACCREDITED ACADEMIC INSTITUTION, ISB PLACES THE DEVELOPMENT OF THE BILINGUAL BRAIN AT THE HEART OF ITS MISSION. ISB STUDENTS GRADUATE WITH AN AMERICAN HIGH SCHOOL DIPLOMA AND CHOOSE BETWEEN TWO INTERNATIONALLY RENOWNED DIPLOMAS, THE FRENCH OR THE INTERNATIONAL BACCALAUREATE, GIVING THEM THE OPPORTUNITY TO THRIVE AT LEADING UNIVERSITIES IN THE UNITED STATES, FRANCE, AND AROUND THE WORLD. OFFERING A RICH EXPERIENCE WITH RIGOROUS PROGRAMS, ISB PREPARES ITS STUDENTS FOR A LIFETIME OF LEARNING AND SERVICE.
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IRS990/Desc0LYCEE INTERNATIONAL DE BOSTON/INTERNATIONAL SCHOOL OF BOSTON, INC. (THE "SCHOOL") IS A PRIVATE AND INDEPENDENT DAY SCHOOL SERVING APPROXIMATELY 550 STUDENTS IN PRE-SCHOOL THROUGH GRADE 12. THE SCHOOL IS A BILINGUAL INSTITUTION WITH INSTRUCTION IN BOTH FRENCH AND ENGLISH, DRAWING ON THE PRACTICES OF AMERICAN AND FRENCH EDUCATIONAL TRADITIONS. THE SCHOOL IS ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS & COLLEGES, BY THE FRENCH MINISTRY OF EDUCATION AND BY THE COUNCIL OF INTERNATIONAL SCHOOLS. IT OFFERS BOTH THE FRENCH BACCALAUREATE DIPLOMA AND THEINTERNATIONAL BACCALAUREATE DIPLOMA.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
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IRS990/MissionDesc0THE INTERNATIONAL SCHOOL OF BOSTON (ISB) IS AN INDEPENDENT, NON-PROFIT, PRESCHOOL-12 FRENCH-ENGLISH BILINGUAL AND INTERNATIONAL SCHOOL LOCATED IN CAMBRIDGE, MASSACHUSETTS, IN ONE OF THE MOST VIBRANT METROPOLITAN AREAS IN THE UNITED STATES. AS A WORLD-CLASS, ACCREDITED ACADEMIC INSTITUTION, ISB PLACES THE DEVELOPMENT OF THE BILINGUAL BRAIN AT THE HEART OF ITS MISSION. ISB STUDENTS GRADUATE WITH AN AMERICAN HIGH SCHOOL DIPLOMA AND CHOOSE BETWEEN TWO INTERNATIONALLY RENOWNED DIPLOMAS, THE FRENCH OR THE INTERNATIONAL BACCALAUREATE, GIVING THEM THE OPPORTUNITY TO THRIVE AT LEADING UNIVERSITIES IN THE UNITED STATES, FRANCE, AND AROUND THE WORLD. OFFERING A RICH EXPERIENCE WITH RIGOROUS PROGRAMS, ISB PREPARES ITS STUDENTS FOR A LIFETIME OF LEARNING AND SERVICE.
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