Civic Intelligence

Glen Urquhart School Inc.

990 • Fiscal year 2018 • EIN 04-2658251

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

74 Hart StreetBeverly Farms, MA 01915

(978) 927-1064

Siviq Scores

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

Liabilities / Assets

75th percentile

0.55x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

1.11x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

18th percentile

-7.3%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$284,633

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

43rd percentile

0.4%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

3.0%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$12,070,260

Up $45,144 (+0.4%) from 2017

Net Assets

Down

$5,396,360

Down $250,638 (-4.4%) from 2017

Liabilities

Up

$6,673,900

Up $295,782 (+4.6%) from 2017

Revenue

Up

$6,002,080

Up $174,391 (+3.0%) from 2017

Expenses

Up

$6,442,749

Up $12,728 (+0.2%) from 2017

Net Income

Up

-$440,669

Up $161,663 (+27%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $13,512,950Liabilities 2011: $7,119,554Net Assets 2011: $6,393,3962011Assets 2012: $13,970,598Liabilities 2012: $7,222,559Net Assets 2012: $6,748,0392012Assets 2013: $13,965,199Liabilities 2013: $7,143,542Net Assets 2013: $6,821,6572013Assets 2014: $14,010,170Liabilities 2014: $6,977,056Net Assets 2014: $7,033,1142014Assets 2015: $14,009,331Liabilities 2015: $7,263,190Net Assets 2015: $6,746,1412015Assets 2016: $12,894,762Liabilities 2016: $6,907,005Net Assets 2016: $5,987,7572016Assets 2017: $12,025,116Liabilities 2017: $6,378,118Net Assets 2017: $5,646,9982017Assets 2018: $12,070,260Liabilities 2018: $6,673,900Net Assets 2018: $5,396,3602018Assets 2019: $11,816,641Liabilities 2019: $6,859,312Net Assets 2019: $4,957,3292019Assets 2020: $11,463,460Liabilities 2020: $6,647,475Net Assets 2020: $4,815,9852020Assets 2021: $13,119,115Liabilities 2021: $6,379,393Net Assets 2021: $6,739,7222021Assets 2022: $13,068,115Liabilities 2022: $6,277,956Net Assets 2022: $6,790,1592022Assets 2023: $13,960,892Liabilities 2023: $6,121,689Net Assets 2023: $7,839,2032023Assets 2024: $14,237,817Liabilities 2024: $5,698,009Net Assets 2024: $8,539,8082024

Highlighted filing

2018

Assets$12,070,260
Liabilities$6,673,900
Net Assets$5,396,360

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $5,374,554Expenses 2011: $5,530,289Net Income 2011: -$155,7352011Revenue 2012: $6,310,605Expenses 2012: $5,925,844Net Income 2012: $384,7612012Revenue 2013: $5,917,246Expenses 2013: $5,928,677Net Income 2013: -$11,4312013Revenue 2014: $6,326,078Expenses 2014: $6,413,098Net Income 2014: -$87,0202014Revenue 2015: $6,485,885Expenses 2015: $6,720,632Net Income 2015: -$234,7472015Revenue 2016: $6,072,126Expenses 2016: $6,620,881Net Income 2016: -$548,7552016Revenue 2017: $5,827,689Expenses 2017: $6,430,021Net Income 2017: -$602,3322017Revenue 2018: $6,002,080Expenses 2018: $6,442,749Net Income 2018: -$440,6692018Revenue 2019: $6,700,957Expenses 2019: $7,058,743Net Income 2019: -$357,7862019Revenue 2020: $6,608,240Expenses 2020: $6,724,398Net Income 2020: -$116,1582020Revenue 2021: $7,309,881Expenses 2021: $6,281,697Net Income 2021: $1,028,1842021Revenue 2022: $7,615,451Expenses 2022: $6,885,684Net Income 2022: $729,7672022Revenue 2023: $8,064,312Expenses 2023: $7,402,387Net Income 2023: $661,9252023Revenue 2024: $7,780,320Expenses 2024: $7,557,895Net Income 2024: $222,4252024

Highlighted filing

2018

Revenue$6,002,080
Expenses$6,442,749
Net Income-$440,669
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$6,088,728
Mission and Program Overview

Mission

At Glen Urquhart School, we encourage children to explore their intellects and develop their imaginations, pose questions as often as they devise solutions, speak individually, yet work collaboratively, discover the best within themselves, respect all people and value their differences, act responsibly in our community and in the world.

Providing an enriched educational program for students in kindergarten through eighth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,089,411$6,874,181▼ $215,230
Investments in Publicly Traded Securities$3,121,415$3,399,513▲ $278,098
Cash and Non-Interest-Bearing Accounts$1,618,574$1,511,479▼ $107,095
Pledges and Grants Receivable$71,917$209,345▲ $137,428
Prepaid Expenses and Deferred Charges$69,885$62,013▼ $7,872
Accounts Receivable$3,130$12,656▲ $9,526
Savings and Temporary Cash Investments$50,784$1,073▼ $49,711
Total Assets$12,025,116$12,070,260▲ $45,144
Liabilities
Tax Exempt Bond Liabilities$4,045,256$3,924,780▼ $120,476
Deferred Revenue$1,825,388$1,752,426▼ $72,962
Mortgage Notes Payable Secured by Investment Property$68,458$533,084▲ $464,626
Accounts Payable and Accrued Expenses$439,016$463,610▲ $24,594
Total Liabilities$6,378,118$6,673,900▲ $295,782
Net Assets / Fund Balance
Unrestricted Net Assets$4,796,176$4,265,774▼ $530,402
Temporarily Rstr Net Assets$802,497$1,082,261▲ $279,764
Permanently Rstr Net Assets$48,325$48,325→ $0
Total Net Assets Fund Balance$5,646,998$5,396,360▼ $250,638
Total Liabilities and Net Assets / Fund Balance$12,025,116$12,070,260▲ $45,144

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,625,774$4,001,960$9,627,734
Land$1,019,215-$1,019,215
Equipment$100,631$540,827$641,458
Other Land Buildings$128,561$323,025$451,586

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,769,302$6,825▲ $280,781$32,500$3,024,408
2016$2,574,859$36,850▲ $351,776$194,183$2,769,302
2015$2,603,500$69,550▼ $32,632$65,559$2,574,859
2014$2,681,331-▲ $56,080$133,911$2,603,500
2013$2,469,918-▲ $327,274$115,861$2,681,331
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David LiebmannHead of SchoolFT$260,807$23,826$284,633
Sarah KotwickiDirector of Lower SchoolFT$116,545$17,089$133,634
Gretchen ForsythDirector of Upper SchoolFT$103,231$16,181$119,412
Mary Ellen FrechetteDirector of FinanceFT$101,144$13,199$114,343
Susan Tsao EtsyTrustee--$24,600$24,600
Tamah FrenchParent Association Rep--$19,500$19,500
Lisa Sandouk-RomanelliVice President-$394-$394

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$517,730
Program Service Revenue
$5,219,065
Investment Income
$91,389
Other Revenue
$173,896
All Other Contributions
$517,730
Change in Net Assets
$-440,669

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,737,930
Revenue Not Reported on Financial Statements
$1,264,150
Revenue Not Reported on Form 990
$276,679
Other Revenue Adjustments
$1,264,150
Total Revenue per Audited Statements
$5,014,609
Total Revenue per Form 990
$6,002,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,710,067
Other Expenses$1,468,532
Grants and Similar Amounts Paid$1,264,150
Total Fundraising Expense$144,014
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,895,596$888,865$92,653$2,877,114
Grants to Domestic Individuals$1,264,150--$1,264,150
Depreciation Depletion$368,511--$368,511
Office Expenses$172,393$77,131$40,402$289,926
Current Officers, Directors, Trustees, and Key Employees-$273,120-$273,120
Other Employee Benefits$134,667$112,944-$247,611
Payroll Taxes$136,550$75,401$7,169$219,120
Occupancy$170,578$15,164$3,790$189,532
Travel$188,552--$188,552
Interest$137,406--$137,406
Pension Plan Contributions$55,363$37,739-$93,102
Information Technology$22,999$29,234-$52,233
Insurance$36,964$6,523-$43,487
Fees for Services Other-$28,585-$28,585
Other Expenses$22,558$6,776-$22,558
Fees for Services Accounting-$20,573-$20,573
Fees for Services Legal-$15,961-$15,961
Advertising-$15,722-$15,722
Total Functional Expenses$4,654,633$1,644,102$144,014$6,442,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,442,749
Total Expenses per Audited Statements$5,265,247
Expenses per Audited Statements$5,178,599
Expenses Not Reported on Financial Statements$1,264,150
Other Expense Adjustments$1,264,150
Expenses Not Reported on Form 990$86,648
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$146,027
Fundraising Direct Expenses$59,335
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$66,907$66,907$5,791$61,116
Wild Boar Golf Tournament$66,080$66,080$1,200$64,880
Total Events$146,027$146,027$59,335$86,692
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2012-03-28$4,794,521Refunding of two existing bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,794,521$4,794,521$869,741-

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
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, line 7A

All natural parents, adoptive parents and legal guardians of the children in attendance at Glen Urquhart School are members during such period of attendance. The members at their annual meeting elect the Board of Trustees.

Form 990, Part VI, Section B, line 11B

The School's Director of Finance and Treasurer are responsible for overseeing the preparation of IRS Form 990 (990). The 990 and its supporting schedules were prepared by the public accounting firm, Tonneson & Company, PC (Tonneson), responsible for auditing the School's financial statements. Tonneson's work was based on information provided to them during the course of the audit by the School's business office, plus additional work requested specific to the 990. The Treasurer, Head of School and Director of Finance performed a detailed review of the completed 990 and reported the results of its review to the Board of Trustees. The Board of Trustees then voted to authorize the Finance Committee to approve the Form 990. The Finance Committee approved the Form 990 for filing.

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

Each member of the Board of Trustees is required to disclose on an annual basis any existing or potential conflict of interest. The Board of Trustees may also provide for such corrective action as it deems appropriate by reason of a failure to disclose such conflict of interest, which may include removal from a position or office. Disclosure forms shall be updated annually or sooner if changed circumstances require disclosure.

Form 990, Part VI, Section B, line 15

The Board of Trustees determine the compensation for the Head of School and reviews compensation for other key employees based on benchmarking with area peer schools.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, financial statements and Form 990 are immediately made available to the public by calling the School's office, walking into the School's office or mailing in a request to the School. The Form 990 and financial statements are also available through the Massachusetts Attorney General's office/website.

Filing and Contact Details

Filer

Filer Name
Glen Urquhart School
EIN
04-2658251
Phone
9789271064
Address
74 Hart Street, Beverly Farms, MA 01915

Signing Officer

Name
Carl Graves
Title
President
Phone
9789271064
Signed
2019-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carl Graves
Formed
1979
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
18
Employees
86
Volunteers
125

Preparer

Firm
Tonneson & Company PC
Address
401 Edgewater Place Suite 300, Wakefield, MA 01880-6208
Preparer
Cynthia P Almquist
Phone
7812459999
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

The School's primary objective is long-term capital appreciation which together with income will provide for the growth of the endowment while allowing support for current activities. To satisfy its long-term rate-of-return objectives, the School relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The School targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term objectives within prudent risk constraints.

Part X, Line 2:

In determining the recognition of uncertain tax positions, the School applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amount and probabilities of the outcomes that could be realized upon ultimate settlement with tax authorities. As of June 30, 2018, the School has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Part XI, Line 2D - Other Adjustments:

Rental Expenses 27,313. Fundraising Expenses 59,335.

Part XI, Line 4B - Other Adjustments:

Financial Aid 1,264,150.

Part XII, Line 2D - Other Adjustments:

Rental Expenses 27,313. Fundraising Expenses 59,335.

Part XII, Line 4B - Other Adjustments:

Financial Aid 1,264,150.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Carl Graves
IRS990/Form990PartVIISectionAGrp/PersonNm1Lisa Sandouk-Romanelli
IRS990/Form990PartVIISectionAGrp/PersonNm2David Patch
IRS990/Form990PartVIISectionAGrp/PersonNm3Stephen Todd
IRS990/Form990PartVIISectionAGrp/PersonNm4Lise Carrigg
IRS990/Form990PartVIISectionAGrp/PersonNm5George Balich
IRS990/Form990PartVIISectionAGrp/PersonNm6Andrew Brown
IRS990/Form990PartVIISectionAGrp/PersonNm7Brooke Carroll
IRS990/Form990PartVIISectionAGrp/PersonNm8Daryl Colden
IRS990/Form990PartVIISectionAGrp/PersonNm9Melanie DOrio
IRS990/Form990PartVIISectionAGrp/PersonNm10Susan Tsao Etsy
IRS990/Form990PartVIISectionAGrp/PersonNm11Tamah French
IRS990/Form990PartVIISectionAGrp/PersonNm12Philip Furse
IRS990/Form990PartVIISectionAGrp/PersonNm13Kenneth Grant
IRS990/Form990PartVIISectionAGrp/PersonNm14Jodi Llacera Klein
IRS990/Form990PartVIISectionAGrp/PersonNm15Trish Landgren
IRS990/Form990PartVIISectionAGrp/PersonNm16Peter Mason
IRS990/Form990PartVIISectionAGrp/PersonNm17Zara-Marie Spooner
IRS990/Form990PartVIISectionAGrp/PersonNm18Jacquelyn Swansburg Paulino
IRS990/Form990PartVIISectionAGrp/PersonNm19Alen Yen
IRS990/Form990PartVIISectionAGrp/PersonNm20Lynn Warren
IRS990/Form990PartVIISectionAGrp/PersonNm21David Liebmann
IRS990/Form990PartVIISectionAGrp/PersonNm22Sarah Kotwicki
IRS990/Form990PartVIISectionAGrp/PersonNm23Gretchen Forsyth
IRS990/Form990PartVIISectionAGrp/PersonNm24Mary Ellen Frechette
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1394
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/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21260807
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22116545
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23103231
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24101144
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/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Clerk
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Parent Association Rep
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/TitleTxt20Life Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director of Lower School
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director of Upper School
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director of Finance
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt059335
IRS990/FundraisingGrossIncomeAmt0146027
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt01264150
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01264150
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01264150
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt06088728
IRS990/GrossRentsGrp/RealAmt051571
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt029234
IRS990/InformationTechnologyGrp/ProgramServicesAmt022999
IRS990/InformationTechnologyGrp/TotalAmt052233
IRS990/InsuranceGrp/ManagementAndGeneralAmt06523
IRS990/InsuranceGrp/ProgramServicesAmt036964
IRS990/InsuranceGrp/TotalAmt043487
IRS990/InterestGrp/ProgramServicesAmt0137406
IRS990/InterestGrp/TotalAmt0137406
IRS990/InvestmentIncomeGrp/ExclusionAmt091389
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt091389
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03121415
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03399513
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04865812
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07089411
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06874181
IRS990/LandBldgEquipCostOrOtherBssAmt011739993
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt027313
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0At Glen Urquhart School, we encourage children to explore their intellects and develop their imaginations, pose questions as often as they devise solutions, speak individually, yet work collaboratively, discover the best within themselves, respect all people and value their differences, act responsibly in our community and in the world.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt068458
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0533084
IRS990/NetAssetsOrFundBalancesBOYAmt05646998
IRS990/NetAssetsOrFundBalancesEOYAmt05396360
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt086692
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt086692
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt024258
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt024258
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0190031
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03790
IRS990/OccupancyGrp/ManagementAndGeneralAmt015164
IRS990/OccupancyGrp/ProgramServicesAmt0170578
IRS990/OccupancyGrp/TotalAmt0189532
IRS990/OfficeExpensesGrp/FundraisingAmt040402
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt077131
IRS990/OfficeExpensesGrp/ProgramServicesAmt0172393
IRS990/OfficeExpensesGrp/TotalAmt0289926
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0112944
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0134667
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0247611
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Professional Developmen
IRS990/OtherExpensesGrp/Desc2Gain at GUS Program
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040364
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16776
IRS990/OtherExpensesGrp/ProgramServicesAmt022609
IRS990/OtherExpensesGrp/ProgramServicesAmt125737
IRS990/OtherExpensesGrp/ProgramServicesAmt222558
IRS990/OtherExpensesGrp/TotalAmt062973
IRS990/OtherExpensesGrp/TotalAmt132513
IRS990/OtherExpensesGrp/TotalAmt222558
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt062946
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt062946
IRS990/OtherRevenueTotalAmt062946
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt092653
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0888865
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01895596
IRS990/OtherSalariesAndWagesGrp/TotalAmt02877114
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07169
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt075401
IRS990/PayrollTaxesGrp/ProgramServicesAmt0136550
IRS990/PayrollTaxesGrp/TotalAmt0219120
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt037739
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt055363
IRS990/PensionPlanContributionsGrp/TotalAmt093102
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt048325
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt048325
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt071917
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0209345
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069885
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062013
IRS990/PrincipalOfficerNm0Carl Graves
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/Desc1After School and Summe
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05087280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1131785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05087280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1131785
IRS990/ProgSrvcAccomActy2Grp/Desc0Summer and After-School Programs: The Extended Day Program provides enriching, extended school hours for those children who enroll. Children may choose to play on the playground, the basketball and four square courts, play pick up football or soccer, or engage in imaginative play on the playground structures. Indoors they play board games, draw, cook, do crafts, read, or do homework. Students may also enroll in after school enrichment classes called GUS+. The topics include ballet, movie making, chess, art classes, sports, yoga, fencing, dance and SSAT preparation. The Summer Camp Program provides a variety of activities that include devising adventures, creating art and crafts, exploring our natural environment, engaging in outdoor games, and swimming. Theme days and all-camp special events are blended into each session to add to the fun.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt078928
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0131785
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Program Related Miscellaneous Income
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt062946
IRS990/ProhibitedTaxShelterTransInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.2$5.70$8.54$7.78$7.56$0.22
2023Detailed filing. Detailed filing data is available for this year.$14.0$6.12$7.84$8.06$7.40$0.66
2022Detailed filing. Detailed filing data is available for this year.$13.1$6.28$6.79$7.62$6.89$0.73
2021Detailed filing. Detailed filing data is available for this year.$13.1$6.38$6.74$7.31$6.28$1.03
2020Detailed filing. Detailed filing data is available for this year.$11.5$6.65$4.82$6.61$6.72$0.12
2019Detailed filing. Detailed filing data is available for this year.$11.8$6.86$4.96$6.70$7.06$0.36
2018Detailed filing. Detailed filing data is available for this year.$12.1$6.67$5.40$6.00$6.44$0.44
2017Detailed filing. Detailed filing data is available for this year.$12.0$6.38$5.65$5.83$6.43$0.60
2016Detailed filing. Detailed filing data is available for this year.$12.9$6.91$5.99$6.07$6.62$0.55
2015Detailed filing. Detailed filing data is available for this year.$14.0$7.26$6.75$6.49$6.72$0.23
2014Summary only. Only limited summary data is available for this year.$14.0$6.98$7.03$6.33$6.41$0.09
2013Summary only. Only limited summary data is available for this year.$14.0$7.14$6.82$5.92$5.93$0.01
2012Summary only. Only limited summary data is available for this year.$14.0$7.22$6.75$6.31$5.93$0.38
2011Summary only. Only limited summary data is available for this year.$13.5$7.12$6.39$5.37$5.53$0.16