Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: transfer of net assets due to merger. Amount: -990,405.”
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Balance Sheet
Assets
Down$0
Down $3,063,516 (-100%) from 2015
Net Assets
Down$0
Down $1,161,631 (-100%) from 2015
Liabilities
Down$0
Down $1,901,885 (-100%) from 2015
Revenue And Expenses
Revenue
Down$0
Down $2,832,821 (-100%) from 2015
Expenses
Down$0
Down $2,740,424 (-100%) from 2015
Net Income
Down$0
Down $92,397 (-100%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jul 1, 2016
- Signed
- Apr 3, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $0
Mission and Program Overview
Mission
Granite academy was founded in 1981 for the purpose of providing educational and vocational services to boys and girls ages 12 through 21 who have serious learning, behavioral and emotional problems. The academy provides its services through an approved chapter 766 day school located in braintree, ma.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| GRANITE ACADEMY SERVES BOYS AND GIRLS AGES 12 THROUGH 21, WHO HAVE SERIOUS LEARNING, BEHAVIORAL AND EMOTIONAL PROBLEMS. THIS PROGRAM WAS TAKEN OVER BY JUSTICE RESOURCE INSTITUTE, INC. (EIN #04-2526357) ON JULY 1, 2016 AS A RESULT OF THE MERGER. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANDREW POND | Board President | - | $0 | - | - |
| BISSER DOKOV | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Granite Academy Inc
- EIN
- 04-2737184
- Phone
- 7813803917
- Address
- 6 COLUMBIAN STREET, BRAINTREE, MA 02184
Signing Officer
- Name
- Bisser Dokov
- Title
- Chief Financial Officer
- Phone
- 7815594745
- Signed
- 2017-04-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Alexander Aronson Finning & Co Pc
- Address
- 21 EAST MAIN STREET, WESTBOROUGH, MA 01581
- Preparer
- Thomas F Muldoon CPA
- Phone
- 5083669100
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 52,430. End of year amount: 0. Description: prepaid expenses. Beg. Of year amount: 8,777. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 91,496. End of year amount: 0. Description: secured mortgages and notes payable. Beg. Of year amount: 1,681,654. End of year amount: 0.”
Form 990EZ, Part V, Line 34
“Effective july 1, 2016, granite academy, inc. Merged with justice resource institute, inc. (ein #04-2526357). Granite academy, inc. Filed articles of merger as a result of this transaction.”
Raw XML Appendix167 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BISSER DOKOV |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7815594900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 160 GOULD STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEEDHAM |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02494 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2702348 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/FinalReturnInd | 0 | X |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 990405 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 990405 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ANDREW POND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BISSER DOKOV |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 61207 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -990405 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | GRANITE ACADEMY WAS FOUNDED IN 1981 FOR THE PURPOSE OF PROVIDING EDUCATIONAL AND VOCATIONAL SERVICES TO BOYS AND GIRLS AGES 12 THROUGH 21 WHO HAVE SERIOUS LEARNING, BEHAVIORAL AND EMOTIONAL PROBLEMS. THE ACADEMY PROVIDES ITS SERVICES THROUGH AN APPROVED CHAPTER 766 DAY SCHOOL LOCATED IN BRAINTREE, MA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | GRANITE ACADEMY SERVES BOYS AND GIRLS AGES 12 THROUGH 21, WHO HAVE SERIOUS LEARNING, BEHAVIORAL AND EMOTIONAL PROBLEMS. THIS PROGRAM WAS TAKEN OVER BY JUSTICE RESOURCE INSTITUTE, INC. (EIN #04-2526357) ON JULY 1, 2016 AS A RESULT OF THE MERGER. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1773150 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GABRAINTREE.ORG |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | GRANITE ACADEMY, INC. MERGED WITH JRI EFFECTIVE JULY 1, 2016. AS SUCH, THE ONLY TRANSACTIONAL INFORMATION INCLUDED ON FORM 990-EZ IS THE TRANSFER OF NET ASSETS WHICH OCCURRED ON THIS DATE, AND THE FORM 990-EZ IS A SHORT-YEAR FORM. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, LINE A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THROUGH ADVERTISEMENTS IN NEWSPAPERS, TRADE PUBLICATIONS AND SCHOOL ASSOCIATION BOOKLETS AND MATERIALS. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE ACADEMY IS A PRIVATE DAY SCHOOL APPROVED BY THE COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION AND, AS SUCH, RECEIVES FUNDING FROM VARIOUS CITIES AND TOWNS WITHIN MASSACHUSETTS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | 0 |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | 0 |
| IRS990ScheduleN/BondsOutstandingInd | 0 | 0 |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | 0 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | ALL ASSETS AND NET ASSETS TRANSFERRED TO JUSTICE RESOURCE INSTITUTE, INC. |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | JUSTICE RESOURCE INSTITUTE INC |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2016-07-01 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 0 | 042526357 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 990405 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | 501(C)3 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | FAIR MARKET VALUE ON DATE OF MERGER BASED ON JUNE 30, 2016 AUDIT. |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 160 GOULD STREET SUITE 300 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | NEEDHAM |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 0 | 02494 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | 0 |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: TRANSFER OF NET ASSETS DUE TO MERGER. AMOUNT: -990,405. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 52,430. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 8,777. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 91,496. END OF YEAR AMOUNT: 0. DESCRIPTION: SECURED MORTGAGES AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 1,681,654. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EFFECTIVE JULY 1, 2016, GRANITE ACADEMY, INC. MERGED WITH JUSTICE RESOURCE INSTITUTE, INC. (EIN #04-2526357). GRANITE ACADEMY, INC. FILED ARTICLES OF MERGER AS A RESULT OF THIS TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ, PART V, LINE 34 |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BISSER DOKOV |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHIEF FINANCIAL OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7815594745 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-04-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRANITE ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAN |
| ReturnHeader/Filer/EIN | 0 | 042737184 |
| ReturnHeader/Filer/PhoneNum | 0 | 7813803917 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6 COLUMBIAN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRAINTREE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02184 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 33DFCB8ECF610336F3C04C2614516E9ACCD7F882 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | CF016DAB02994B8EC4D66A9266E8EAFE379452F1 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.197.103.66 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-04-03 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:07:19 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 042571780 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALEXANDER ARONSON FINNING & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 21 EAST MAIN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WESTBOROUGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01581 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5083669100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-04-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS F MULDOON CPA |
| ReturnHeader/ReturnTs | 0 | 2017-04-05T15:06:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-07-01 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $0
- Expenses
- $0
- Net income
- $0