Civic Intelligence

Willow Hill School Inc.

990 • Fiscal year 2017 • EIN 04-2469268

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 28, 2018

98 Haynes RoadSudbury, MA 01776

(978) 443-2581

Siviq Scores

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

Liabilities / Assets

84th percentile

0.74x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.53x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$208,944

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

42nd percentile

1.7%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

1.6%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,733,818

Up $113,230 (+1.7%) from 2016

Net Assets

Up

$1,766,506

Up $16,465 (+0.9%) from 2016

Liabilities

Up

$4,967,312

Up $96,765 (+2.0%) from 2016

Revenue

Up

$3,250,962

Up $49,880 (+1.6%) from 2016

Expenses

Up

$3,234,497

Up $88,131 (+2.8%) from 2016

Net Income

Down

$16,465

Down $38,251 (-70%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $6,170,817Liabilities 2010: $5,122,889Net Assets 2010: $1,047,9282010Assets 2011: $5,990,143Liabilities 2011: $4,899,980Net Assets 2011: $1,090,1632011Assets 2012: $5,769,826Liabilities 2012: $4,680,320Net Assets 2012: $1,089,5062012Assets 2013: $6,227,755Liabilities 2013: $5,137,493Net Assets 2013: $1,090,2622013Assets 2014: $6,679,463Liabilities 2014: $5,069,802Net Assets 2014: $1,609,6612014Assets 2015: $6,630,675Liabilities 2015: $4,935,350Net Assets 2015: $1,695,3252015Assets 2016: $6,620,588Liabilities 2016: $4,870,547Net Assets 2016: $1,750,0412016Assets 2017: $6,733,818Liabilities 2017: $4,967,312Net Assets 2017: $1,766,5062017Assets 2018: $7,418,041Liabilities 2018: $5,320,148Net Assets 2018: $2,097,8932018Assets 2019: $10,879,950Liabilities 2019: $8,019,402Net Assets 2019: $2,860,5482019Assets 2020: $11,744,095Liabilities 2020: $8,875,646Net Assets 2020: $2,868,4492020Assets 2021: $11,265,294Liabilities 2021: $7,935,140Net Assets 2021: $3,330,1542021Assets 2022: $10,637,728Liabilities 2022: $7,319,071Net Assets 2022: $3,318,6572022Assets 2023: $11,002,142Liabilities 2023: $7,765,618Net Assets 2023: $3,236,5242023Assets 2024: $10,584,367Liabilities 2024: $7,174,842Net Assets 2024: $3,409,5252024Assets 2025: $11,406,249Liabilities 2025: $7,734,083Net Assets 2025: $3,672,1662025

Highlighted filing

2017

Assets$6,733,818
Liabilities$4,967,312
Net Assets$1,766,506

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,839,4462010Expenses 2011: $2,751,9882011Expenses 2012: $2,848,2542012Revenue 2013: $2,953,818Expenses 2013: $2,953,062Net Income 2013: $7562013Revenue 2014: $3,473,764Expenses 2014: $2,954,365Net Income 2014: $519,3992014Revenue 2015: $3,123,906Expenses 2015: $3,066,311Net Income 2015: $57,5952015Revenue 2016: $3,201,082Expenses 2016: $3,146,366Net Income 2016: $54,7162016Revenue 2017: $3,250,962Expenses 2017: $3,234,497Net Income 2017: $16,4652017Revenue 2018: $3,785,849Expenses 2018: $3,454,462Net Income 2018: $331,3872018Revenue 2019: $3,978,630Expenses 2019: $3,215,975Net Income 2019: $762,6552019Revenue 2020: $3,576,821Expenses 2020: $3,568,920Net Income 2020: $7,9012020Revenue 2021: $3,934,265Expenses 2021: $3,930,410Net Income 2021: $3,8552021Revenue 2022: $4,035,000Expenses 2022: $4,058,446Net Income 2022: -$23,4462022Revenue 2023: $4,512,372Expenses 2023: $4,471,278Net Income 2023: $41,0942023Revenue 2024: $4,865,595Expenses 2024: $4,744,220Net Income 2024: $121,3752024Revenue 2025: $5,290,743Expenses 2025: $5,086,627Net Income 2025: $204,1162025

Highlighted filing

2017

Revenue$3,250,962
Expenses$3,234,497
Net Income$16,465
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 28, 2018
Return Version
2016v3.0
Gross Receipts
$3,255,016
Mission and Program Overview

Mission

Willow hill school provides a supportive and individualized educational program for middle and high school students who are capable of advancing along a strong academic curriculum, but have experienced frustration in earlier school settings. At willow hill, students come to understand and appreciate their personal learning styles and develop the skills and habits that enable them to succeed as lifelong learners and responsible members of their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,291,243$4,305,909▲ $14,666
Cash and Non-Interest-Bearing Accounts$716,337$1,112,542▲ $396,205
Investments Other Securities$493,725$704,339▲ $210,614
Savings and Temporary Cash Investments$630,181$431,208▼ $198,973
Accounts Receivable$476,089$153,650▼ $322,439
Prepaid Expenses and Deferred Charges$13,013$26,170▲ $13,157
Total Assets$6,620,588$6,733,818▲ $113,230
Liabilities
Tax Exempt Bond Liabilities$3,995,508$3,880,877▼ $114,631
Deferred Revenue$604,203$886,553▲ $282,350
Accounts Payable and Accrued Expenses$270,836$199,882▼ $70,954
Total Liabilities$4,870,547$4,967,312▲ $96,765
Net Assets / Fund Balance
Unrestricted Net Assets$1,750,041$1,741,506▼ $8,535
Temporarily Rstr Net Assets-$25,000-
Total Net Assets Fund Balance$1,750,041$1,766,506▲ $16,465
Total Liabilities and Net Assets / Fund Balance$6,620,588$6,733,818▲ $113,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,949,396$2,342,286$6,291,682
Leasehold Improvements$260,537$295,884$556,421
Equipment$36,281$126,589$162,870
Other Land Buildings-$112,022$112,022
Land$59,695-$59,695
Other Securities$704,339--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marilyn G ReidHead of SchoFT$189,945$18,999$208,944
Marilyn G ReidHead of School-$189,945$18,999$208,944

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ce Floyd CompanyConstruction135 SOUTH ROAD 4, Bedford, MA 01730$217,544
Revenue and Support

Revenue Composition

Contributions and Grants
$70,015
Program Service Revenue
$3,158,202
Investment Income
$11,642
Other Revenue
$11,103
All Other Contributions
$58,480
Change in Net Assets
$16,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,250,962
Total Revenue per Audited Statements
$3,250,962
Total Revenue per Form 990
$3,250,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,421,589
Other Expenses$812,908
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,596,174$137,341-$1,733,515
Occupancy$351,752$17,292-$369,044
Other Employee Benefits$209,403$26,278-$235,681
Depreciation Depletion$207,545--$207,545
Current Officers, Directors, Trustees, and Key Employees$116,457$77,638-$194,095
Payroll Taxes$139,581$17,516-$157,097
Pension Plan Contributions$89,917$11,284-$101,201
Fees for Services Other$1,480$34,215-$35,695
Insurance$30,435$1,602-$32,037
Fees for Services Accounting-$15,500-$15,500
Other Expenses$8,546--$8,546
Total Functional Expenses$2,895,831$338,666$0$3,234,497

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,234,497
Total Expenses per Audited Statements$3,234,497
Total Expenses per Form 990$3,234,497
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,247
Fundraising Gross Income$1,247
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
David Heinsohn-roeFamilyCompensationNo$81,043
-BusinessCompensationNo$9,480
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMass Development Finance Agency2014-11-26$4,170,467RETIRE 2012 BOND ISSUE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,170,467$4,170,467$63,957-

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
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

The organization's tax returns are presented at a board meeting prior to filing.

Form 990, Page 6, Part VI, Line 12C

A completed disclosure form is requested when an individual starts serving the organization. The form is updated and signed annually.

Form 990, Page 6, Part VI, Line 15A

Board chairman reviews comparable job profiles and school salary ranges to determine the executive director's compensation.

Form 990, Page 6, Part VI, Line 15B

Board chariman and head of school review comparable job profiles and school salary ranges to determine compensation of all other employees of the organization.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's governing documents and tax returns are available upon request and on the ma attorney general's website.

Filing and Contact Details

Filer

Filer Name
Willow Hill School Inc
EIN
04-2469268
Phone
9784432581
Address
98 HAYNES ROAD, SUDBURY, MA 01776

Signing Officer

Name
Marilyn G Reid
Title
Head of School
Phone
9784432581
Signed
2018-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn G Reid
Formed
1970
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
51

Preparer

Firm
Bruce D Norling CPA Pc
Address
410 BOSTON POST RD STE 24, SUDBURY, MA 01776
Preparer
Bruce D Norling CPA Pc
Phone
9784439114
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Willow hill school provides a supportive and individualized educational program for middle and high school students who are capable of advancing along a strong academic curriculum, but have experienced frustration in earlier school settings. At willow hill, students come to understand and appreciate their personal learning styles and develop the skills and habits that enable them to succeed as lifelong learners and responsible members of their communities.

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IRS990/MissionDesc0WILLOW HILL SCHOOL PROVIDES A SUPPORTIVE AND INDIVIDUALIZED EDUCATIONAL PROGRAM FOR MIDDLE AND HIGH SCHOOL STUDENTS WHO ARE CAPABLE OF ADVANCING ALONG A STRONG ACADEMIC CURRICULUM, BUT HAVE EXPERIENCED FRUSTRATION IN EARLIER SCHOOL SETTINGS. AT WILLOW HILL, STUDENTS COME TO UNDERSTAND AND APPRECIATE THEIR PERSONAL LEARNING STYLES AND DEVELOP THE SKILLS AND HABITS THAT ENABLE THEM TO SUCCEED AS LIFELONG LEARNERS AND RESPONSIBLE MEMBERS OF THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01750041
IRS990/NetAssetsOrFundBalancesEOYAmt01766506
IRS990/NetIncomeOrLossGrp/ExclusionAmt0258
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0258
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt017292
IRS990/OccupancyGrp/ProgramServicesAmt0351752
IRS990/OccupancyGrp/TotalAmt0369044
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026278
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0209403
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0235681
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0124886
IRS990/OtherExpensesGrp/ProgramServicesAmt119655
IRS990/OtherExpensesGrp/ProgramServicesAmt28546
IRS990/OtherExpensesGrp/TotalAmt0124886
IRS990/OtherExpensesGrp/TotalAmt119655
IRS990/OtherExpensesGrp/TotalAmt28546
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010845
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010845
IRS990/OtherRevenueTotalAmt010845
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0137341
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01596174
IRS990/OtherSalariesAndWagesGrp/TotalAmt01733515
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017516
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139581
IRS990/PayrollTaxesGrp/TotalAmt0157097
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011284
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt089917
IRS990/PensionPlanContributionsGrp/TotalAmt0101201
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013013
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026170
IRS990/PrincipalOfficerNm0MARILYN G REID
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03158202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03158202
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt045758
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011089
IRS990/PYOtherExpensesAmt0946491
IRS990/PYOtherRevenueAmt02988
IRS990/PYProgramServiceRevenueAmt03141247
IRS990/PYRevenuesLessExpensesAmt054716
IRS990/PYSalariesCompEmpBnftPaidAmt02199875
IRS990/PYTotalExpensesAmt03146366
IRS990/PYTotalRevenueAmt03201082
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt016465
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03158202
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0630181
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0431208
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03949396
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02342286
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06291682
IRS990ScheduleD/EquipmentGrp/BookValueAmt036281
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0126589
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0162870
IRS990ScheduleD/ExpensesSubtotalAmt03234497
IRS990ScheduleD/LandGrp/BookValueAmt059695
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059695
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0260537
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0295884
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0556421
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0112022
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0112022
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0704339
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt03250962
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04305909
IRS990ScheduleD/TotalBookValueSecuritiesAmt0704339
IRS990ScheduleD/TotalExpensesPerForm990Amt03234497
IRS990ScheduleD/TotalRevenuePerForm990Amt03250962
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03250962
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03234497
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY DESCRIBED IN ADVERTISEMENTS AND PROMOTIONAL LITERATURE, INCLUDING ADVERTISING IN THE BOSTON GLOBE. SCHOOL PARTICIPATES IN THE ASSOCIATION OF INDEPENDENT SCHOOLS IN NEW ENGLAND (AISNE) ANNUAL PUBLIC REAFFIRMATION STATEMENTS OF NON-DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1APPROXIMATELY 75% OF THE ORGANIZATION'S TUITION AND FEES INCOME WAS DERIVED FROM MASSACHUSETTS STATE AND LOCAL GOVERNMENTAL AGENCIES IN FY2016.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2APPROXIMATELY 70% OF THE ORGANIZATION'S TUITION AND FEES INCOME WAS DERIVED FROM MASSACHUSETTS STATE AND LOCAL GOVERNMENTAL AGENCIES IN FY2017.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0189945
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARILYN G REID
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208944
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-11-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0046002284
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04170467
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MASS DEVELOPMENT FINANCE AGENCY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0RETIRE 2012 BOND ISSUE
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt04170467
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt063957
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02006
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt04170467
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PETERMAN ARCHITECTS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVID HEINSOHN-ROE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BUSINESS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$7.73$3.67$5.29$5.09$0.20
2024Detailed filing. Detailed filing data is available for this year.$10.6$7.17$3.41$4.87$4.74$0.12
2023Detailed filing. Detailed filing data is available for this year.$11.0$7.77$3.24$4.51$4.47$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$7.32$3.32$4.04$4.06$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$7.94$3.33$3.93$3.93$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$8.88$2.87$3.58$3.57$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$8.02$2.86$3.98$3.22$0.76
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.42$5.32$2.10$3.79$3.45$0.33
2017Detailed filing. Detailed filing data is available for this year.$6.73$4.97$1.77$3.25$3.23$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.62$4.87$1.75$3.20$3.15$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$4.94$1.70$3.12$3.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.68$5.07$1.61$3.47$2.95$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$5.14$1.09$2.95$2.95$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.77$4.68$1.09$2.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$4.90$1.09$2.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$5.12$1.05$2.84