Civic Intelligence

School Year Abroad Inc.

990 • Fiscal year 2015 • EIN 04-2589375

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2016

120 Water StreetNorth Andover, MA 01845

(978) 725-6828

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.25x

Higher debt load relative to assets than 52% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

59th percentile

0.36x

Higher debt load relative to revenue than 59% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

79th percentile

$296,646

Higher top officer pay than 79% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

81st percentile

14%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$21,530,865

Up $2,579,021 (+14%) from 2014

Net Assets

Up

$16,106,612

Up $881,243 (+5.8%) from 2014

Liabilities

Up

$5,424,253

Up $1,697,778 (+46%) from 2014

Revenue

Up

$15,075,847

Up $1,856,171 (+14%) from 2014

Expenses

Up

$14,152,574

Up $520,148 (+3.8%) from 2014

Net Income

Up

$923,273

Up $1,336,023 (+324%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $14,794,134Liabilities 2011: $3,879,414Net Assets 2011: $10,914,7202011Assets 2012: $17,693,452Liabilities 2012: $5,006,703Net Assets 2012: $12,686,7492012Assets 2013: $19,109,706Liabilities 2013: $4,765,433Net Assets 2013: $14,344,2732013Assets 2014: $18,951,844Liabilities 2014: $3,726,475Net Assets 2014: $15,225,3692014Assets 2015: $21,530,865Liabilities 2015: $5,424,253Net Assets 2015: $16,106,6122015Assets 2016: $20,524,276Liabilities 2016: $3,068,047Net Assets 2016: $17,456,2292016Assets 2017: $23,933,496Liabilities 2017: $4,060,411Net Assets 2017: $19,873,0852017Assets 2018: $26,748,244Liabilities 2018: $3,772,219Net Assets 2018: $22,976,0252018Assets 2019: $30,813,013Liabilities 2019: $3,424,454Net Assets 2019: $27,388,5592019Assets 2020: $27,641,329Liabilities 2020: $1,183,165Net Assets 2020: $26,458,1642020Assets 2021: $31,777,579Liabilities 2021: $2,932,013Net Assets 2021: $28,845,5662021Assets 2022: $33,320,885Liabilities 2022: $3,585,552Net Assets 2022: $29,735,3332022Assets 2023: $39,940,860Liabilities 2023: $5,332,236Net Assets 2023: $34,608,6242023Assets 2024: $44,493,128Liabilities 2024: $4,505,309Net Assets 2024: $39,987,8192024

Highlighted filing

2015

Assets$21,530,865
Liabilities$5,424,253
Net Assets$16,106,612

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $15,094,7432011Expenses 2012: $13,801,0452012Revenue 2013: $14,705,054Expenses 2013: $13,683,450Net Income 2013: $1,021,6042013Revenue 2014: $13,219,676Expenses 2014: $13,632,426Net Income 2014: -$412,7502014Revenue 2015: $15,075,847Expenses 2015: $14,152,574Net Income 2015: $923,2732015Revenue 2016: $14,873,838Expenses 2016: $13,337,996Net Income 2016: $1,535,8422016Revenue 2017: $13,617,186Expenses 2017: $12,340,108Net Income 2017: $1,277,0782017Revenue 2018: $15,690,513Expenses 2018: $13,224,177Net Income 2018: $2,466,3362018Revenue 2019: $17,068,487Expenses 2019: $13,417,924Net Income 2019: $3,650,5632019Revenue 2020: $11,544,659Expenses 2020: $12,415,129Net Income 2020: -$870,4702020Revenue 2021: $4,148,421Expenses 2021: $5,028,869Net Income 2021: -$880,4482021Revenue 2022: $14,077,338Expenses 2022: $10,404,264Net Income 2022: $3,673,0742022Revenue 2023: $14,932,700Expenses 2023: $11,689,429Net Income 2023: $3,243,2712023Revenue 2024: $14,751,719Expenses 2024: $11,976,463Net Income 2024: $2,775,2562024

Highlighted filing

2015

Revenue$15,075,847
Expenses$14,152,574
Net Income$923,273
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$15,075,847
Mission and Program Overview

Mission

To provide educational opportunities to high school students that allow them to live in either china, spain, italy, or france for an entire year, for a semester, or for a summer, while earning us graduation credits

To provide educational opportunities to high school students that allow them to live and study abroad

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,951,385$6,683,613▼ $267,772
Investments in Publicly Traded Securities$4,798,327$4,678,902▼ $119,425
Land, Buildings, and Equipment, Net$3,983,045$3,909,699▼ $73,346
Savings and Temporary Cash Investments$610,801$2,919,431▲ $2,308,630
Cash and Non-Interest-Bearing Accounts$2,223,024$2,594,617▲ $371,593
Prepaid Expenses and Deferred Charges$159,689$280,765▲ $121,076
Pledges and Grants Receivable$10,168$235,000▲ $224,832
Receivables From Officers Etc$175,000$175,000→ $0
Accounts Receivable$40,405$53,838▲ $13,433
Total Assets$18,951,844$21,530,865▲ $2,579,021
Liabilities
Deferred Revenue$1,823,635$3,604,033▲ $1,780,398
Accounts Payable and Accrued Expenses$882,362$1,139,920▲ $257,558
Mortgage Notes Payable Secured by Investment Property$1,020,478$680,300▼ $340,178
Total Liabilities$3,726,475$5,424,253▲ $1,697,778
Net Assets / Fund Balance
Unrestricted Net Assets$12,740,693$13,460,298▲ $719,605
Permanently Rstr Net Assets$2,100,161$2,107,770▲ $7,609
Temporarily Rstr Net Assets$384,515$538,544▲ $154,029
Total Net Assets Fund Balance$15,225,369$16,106,612▲ $881,243
Total Liabilities and Net Assets / Fund Balance$18,951,844$21,530,865▲ $2,579,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,610,867$480,474$3,091,341
Leasehold Improvements$1,137,937$860,377$1,998,314
Equipment$160,895$684,228$845,123
Other Securities$6,683,613--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$11,771,168$257,609▲ $153,545$540,743$11,641,579
2013$10,704,142$21,456▲ $1,547,800$502,230$11,771,168
2012$9,969,190$162,988▲ $875,059$303,095$10,704,142
2011$9,460,453$1,032,207▼ $38,209$485,261$9,969,190
2010$8,681,941$100,000▲ $1,533,260$838,934$9,460,453
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John E CreedenSchool PresidentFT$239,012$57,634$296,646
Nelson ChaseExecutive DirectorFT$199,618$38,717$238,335
Jonathan DouglasDirector of FinanceFT$110,420$45,645$156,065
Denis BrochuResident DirectorFT$115,827$23,874$139,701
Hilde BeckerResident DirectorFT$102,944$14,444$117,388
Revenue and Support

Revenue Composition

Contributions and Grants
$1,666,228
Program Service Revenue
$12,851,523
Investment Income
$259,462
Other Revenue
$298,634
All Other Contributions
$1,666,228
Change in Net Assets
$923,273

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 Traded14$76,425Fair Market Value (FMV)
Total Noncash Contributions14$76,425-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,055,797
Revenue Not Reported on Financial Statements
$20,050
Revenue Not Reported on Form 990
$-3,346,332
Other Revenue Adjustments
$1
Total Revenue per Audited Statements
$11,709,465
Total Revenue per Form 990
$15,075,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,482,826
Salaries, Compensation, and Employee Benefits$5,372,764
Grants and Similar Amounts Paid$3,296,984
Total Fundraising Expense$697,134
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,427,586$966,690$327,597$3,721,873
Grants to Domestic Individuals$3,296,984--$3,296,984
Travel$1,066,981$178,378-$1,245,359
Other Employee Benefits$750,560$40,904$48,940$840,404
Current Officers, Directors, Trustees, and Key Employees$137,954$215,410$107,298$460,662
Occupancy$322,224$100,260$33,420$455,904
All Other Expenses$266,531$158,243$308$425,082
Payroll Taxes$130,515$160,448$58,862$349,825
Insurance$148,429$120,587-$269,016
Advertising$622$215,829-$216,451
Depreciation Depletion$181,572$25,320-$206,892
Other Expenses$193,957$66,427$113,218$179,645
Fees for Services Legal$40,630$78,684-$119,314
Office Expenses$38,212$70,764$7,491$116,467
Fees for Services Accounting-$40,644-$40,644
Interest$38,812--$38,812
Fees for Services Other$22,375$7,233-$29,608
Fees for Service Investment Mgmnt Fees-$20,049-$20,049
Total Functional Expenses$10,873,032$2,582,408$697,134$14,152,574

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$14,152,574
Expenses per Audited Statements$10,835,540
Total Expenses per Audited Statements$10,828,222
Expenses Not Reported on Financial Statements$3,317,034
Other Expense Adjustments$3,296,985
Expenses Not Reported on Form 990$-7,318
International Activity

International Summary

Offices
4
Employees
56
Spending
$7,462,340

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
SpainProgram ServicesOperation of School and Related Activities113$2,168,166
FranceProgram ServicesOperation of School and Related Activities116$2,143,986
ItalyProgram ServicesOperation of School and Related Activities113$1,655,213
ChinaProgram ServicesOperation of School and Related Activities114$1,494,975
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$175,000$175,000→ $0
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

Form 990 is distributed electronically to board of trustees for review prior to filing. Any questions or comments are addressed accordingly.

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

Conflict of interest disclosures are distributed and signed on an annual basis.

Form 990, Part VI, Section B, Line 15

Wages are compared against national and regional data provided by the national association of independent schools.

Form 990, Part VI, Section C, Line 18

Form 990 is available upon request at the corporate office.

Form 990, Part VI, Section C, Line 19

All governing documents, the conflict of interest policy, and audited financial statements are available upon request at the corporate office.

Filing and Contact Details

Filer

Filer Name
School Year Abroad Inc
EIN
04-2589375
Phone
9787256828
Address
120 WATER STREET, NORTH ANDOVER, MA 01845

Signing Officer

Name
Michael Mccarthy
Title
Director of Operations and Finance
Phone
9787256828
Signed
2016-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mccarthy
Formed
1965
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
54
Volunteers
350

Preparer

Firm
Tyler Simms & St Sauveur CPA Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
James N Godfrey CPA
Phone
6036530044
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency exchanges 7,318.

990 , Part XII, Line 2C

Finance committee assumes responsibility for the oversight of the audited financial statements and the selection of an independent accountant.

Financial Statement Notes

PART V, LINE 4:

School year abroad's endowment funds are used for scholarships, academic support, student services, and general operating support.

PART X, LINE 2:

The school adopted the provisions of fasb interpretation no. 48, accounting for uncertainty in income taxes (fasb asc 740), on july 1, 2009. Fasb asc 740 seeks to reduce the diversity in practice associated with certain aspects of measurement and recognition in accounting for income taxes. In addition, fasb asc 740 provides guidance on derecognition, classification, interest and penalties and accounting in interim periods and requires expanded disclosure with respect to the uncertainty in income taxes. The school's accounting policy for evaluating uncertain tax positions includes a review of all material tax positions for all types of taxes in all jurisdictions and for all open years in accordance with the recognition and measurement requirements of fasb asc 740. The most common tax position for the school is a position taken in the entity's tax exempt status. However, fasb asc 740 also looks at other forms of tax positions, including whether there are unrelated business income activities conducted that would be taxable. Once this process is completed, the positions are evaluated in terms of their likelihood to succeed. For tax positions that do not meet the definition of more likely than not to succeed, no tax benefit is considered. Only those tax positions that have a greater-than-50% chance of being sustained on audit by a knowledgeable agent are included in valuing the benefit. This analysis is performed using all relevant authorities. The school files the form 990. With few exceptions, the school is no longer subject to u.s. Federal tax examinations by tax authorities for fiscal years ending before june 30, 2012. Management of the school believes it has no material uncertain tax positions and, accordingly, it will not recognize any liabilities for unrecognized tax benefits.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid -3,296,984.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING 1.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Foreign currency exchange -7,318.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid 3,296,984. Rounding 1.

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IRS990/Desc0SCHOOL YEAR ABROAD, INC PROVIDES EDUCATIONAL OPPORTUNITIES TO HIGH SCHOOL STUDENTS BY SENDING THEM OVERSEAS TO STUDY AT ONE OF FOUR SCHOOLS IN CHINA, FRANCE, ITALY,OR SPAIN. DURING THE 2014-2015 SCHOOL YEAR, 231 STUDENTS STUDIED AT ONE OF OUR CAMPUSES IN CHINA, FRANCE, ITALY, AND SPAIN AND 115 ATTENDED SUMMER PROGRAMS IN FRANCE, CHINA, ITALY, AND SPAIN.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1745645
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1823874
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1938717
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2014444
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN E CREEDEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEXANDRA ALGER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID BERZ
IRS990/Form990PartVIISectionAGrp/PersonNm3ELLANOR BRIZENDINE
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES B BRODERICK
IRS990/Form990PartVIISectionAGrp/PersonNm5NATALIA A BULGARI
IRS990/Form990PartVIISectionAGrp/PersonNm6CAROLYN MILLSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm7KRISTIN LUND VOSMIK
IRS990/Form990PartVIISectionAGrp/PersonNm8JENNY WANGER
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT SCHILLER
IRS990/Form990PartVIISectionAGrp/PersonNm10MARK DESJARDINS
IRS990/Form990PartVIISectionAGrp/PersonNm11TOM FARQUHAR
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL G HIRSCHFELD
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER S W LEVIN
IRS990/Form990PartVIISectionAGrp/PersonNm14KENNETH KRUSHEL
IRS990/Form990PartVIISectionAGrp/PersonNm15JAYE MORENCY
IRS990/Form990PartVIISectionAGrp/PersonNm16AIMECLAIRE LAMBERT ROCHE
IRS990/Form990PartVIISectionAGrp/PersonNm17JONATHAN DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm18DENIS BROCHU
IRS990/Form990PartVIISectionAGrp/PersonNm19NELSON CHASE
IRS990/Form990PartVIISectionAGrp/PersonNm20HILDE BECKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0239012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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/ReportableCompFromOrgAmt17110420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18115827
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19199618
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20102944
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/TitleTxt0SCHOOL PRESIDENT
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/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15INTERIM CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt18RESIDENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20RESIDENT DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt049689
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt03296984
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03296984
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03296984
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt049689
IRS990/GrossReceiptsAmt015075847
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0120587
IRS990/InsuranceGrp/ProgramServicesAmt0148429
IRS990/InsuranceGrp/TotalAmt0269016
IRS990/InterestGrp/ProgramServicesAmt038812
IRS990/InterestGrp/TotalAmt038812
IRS990/InvestmentIncomeGrp/ExclusionAmt0209773
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0209773
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06951385
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06683613
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04798327
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04678902
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02025079
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03983045
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03909699
IRS990/LandBldgEquipCostOrOtherBssAmt05934778
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL OPPORTUNITIES TO HIGH SCHOOL STUDENTS THAT ALLOW THEM TO LIVE IN EITHER CHINA, SPAIN, ITALY, OR FRANCE FOR AN ENTIRE YEAR, FOR A SEMESTER, OR FOR A SUMMER, WHILE EARNING US GRADUATION CREDITS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01020478
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0680300
IRS990/NetAssetsOrFundBalancesBOYAmt015225369
IRS990/NetAssetsOrFundBalancesEOYAmt016106612
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt049689
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt049689
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-69123
IRS990/NoncashContributionsAmt076425
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt033420
IRS990/OccupancyGrp/ManagementAndGeneralAmt0100260
IRS990/OccupancyGrp/ProgramServicesAmt0322224
IRS990/OccupancyGrp/TotalAmt0455904
IRS990/OfficeExpensesGrp/FundraisingAmt07491
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt070764
IRS990/OfficeExpensesGrp/ProgramServicesAmt038212
IRS990/OfficeExpensesGrp/TotalAmt0116467
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt07318
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt048940
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt040904
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0750560
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0840404
IRS990/OtherExpensesGrp/Desc0HOUSING
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND FURNITURE
IRS990/OtherExpensesGrp/Desc2MEALS
IRS990/OtherExpensesGrp/Desc3ALUMNI DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt0113218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0116538
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt166427
IRS990/OtherExpensesGrp/ProgramServicesAmt01718370
IRS990/OtherExpensesGrp/ProgramServicesAmt190718
IRS990/OtherExpensesGrp/ProgramServicesAmt2193957
IRS990/OtherExpensesGrp/TotalAmt01718370
IRS990/OtherExpensesGrp/TotalAmt1207256
IRS990/OtherExpensesGrp/TotalAmt2193957
IRS990/OtherExpensesGrp/TotalAmt3179645
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0FOREIGN CURRENCY ADJUS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0151623
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1147011
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0151623
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1147011
IRS990/OtherRevenueTotalAmt0298634
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0327597
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0966690
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02427586
IRS990/OtherSalariesAndWagesGrp/TotalAmt03721873
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt058862
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0160448
IRS990/PayrollTaxesGrp/ProgramServicesAmt0130515
IRS990/PayrollTaxesGrp/TotalAmt0349825
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02100161
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02107770
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010168
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0235000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0159689
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0280765
IRS990/PrincipalOfficerNm0MICHAEL MCCARTHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL MEMBER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012744023
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1107500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012744023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1107500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01024606
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03060228
IRS990/PYInvestmentIncomeAmt0292386
IRS990/PYOtherExpensesAmt05508041
IRS990/PYOtherRevenueAmt069807
IRS990/PYProgramServiceRevenueAmt011832877
IRS990/PYRevenuesLessExpensesAmt0-412750
IRS990/PYSalariesCompEmpBnftPaidAmt05064157
IRS990/PYTotalExpensesAmt013632426
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013219676
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0175000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$4.51$40.0$14.8$12.0$2.78
2023Detailed filing. Detailed filing data is available for this year.$39.9$5.33$34.6$14.9$11.7$3.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$3.59$29.7$14.1$10.4$3.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.8$2.93$28.8$4.15$5.03$0.88
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$1.18$26.5$11.5$12.4$0.87
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$3.42$27.4$17.1$13.4$3.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$3.77$23.0$15.7$13.2$2.47
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$4.06$19.9$13.6$12.3$1.28
2016Detailed filing. Detailed filing data is available for this year.$20.5$3.07$17.5$14.9$13.3$1.54
2015Detailed filing. Detailed filing data is available for this year.$21.5$5.42$16.1$15.1$14.2$0.92
2014Detailed filing. Detailed filing data is available for this year.$19.0$3.73$15.2$13.2$13.6$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$4.77$14.3$14.7$13.7$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$5.01$12.7$13.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$3.88$10.9$15.1
Peer Organizations

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