Civic Intelligence

Boston Higashi School Inc

EIN 22-2803661 • 501(c)3 • Randolph, MA

Profile

The school has a methodology called "daily life therapy" a unique educational approach used in the treatment of students on the autism spectrum.

800 North Main StreetRandolph, MA 02368

www.bostonhigashi.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.39x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

53rd percentile

0.31x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

53rd percentile

5.7%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

61st percentile

$311,138

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

43rd percentile

4.9%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Up

$28,525,914

Up $2,892,716 (+11%) from 2023

Liabilities

Up

$11,106,500

Up $697,522 (+6.7%) from 2023

Net Assets

Up

$17,419,414

Up $2,195,194 (+14%) from 2023

Revenue

Up

$36,154,042

Up $1,693,792 (+4.9%) from 2023

Expenses

Up

$34,107,997

Up $1,047,716 (+3.2%) from 2023

Net Income

Up

$2,046,045

Up $646,076 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $14,954,367Liabilities 2011: $11,044,085Net Assets 2011: $3,910,2822011Assets 2012: $15,961,824Liabilities 2012: $11,361,650Net Assets 2012: $4,600,1742012Assets 2013: $16,825,557Liabilities 2013: $10,644,195Net Assets 2013: $6,181,3622013Assets 2014: $19,038,509Liabilities 2014: $12,059,376Net Assets 2014: $6,979,1332014Assets 2015: $18,059,607Liabilities 2015: $10,782,606Net Assets 2015: $7,277,0012015Assets 2016: $18,594,223Liabilities 2016: $10,904,782Net Assets 2016: $7,689,4412016Assets 2017: $19,626,649Liabilities 2017: $10,828,837Net Assets 2017: $8,797,8122017Assets 2018: $18,844,951Liabilities 2018: $9,068,918Net Assets 2018: $9,776,0332018Assets 2019: $19,400,809Liabilities 2019: $8,989,439Net Assets 2019: $10,411,3702019Assets 2020: $25,163,444Liabilities 2020: $14,614,684Net Assets 2020: $10,548,7602020Assets 2021: $25,103,107Liabilities 2021: $14,188,757Net Assets 2021: $10,914,3502021Assets 2022: $25,185,346Liabilities 2022: $11,361,095Net Assets 2022: $13,824,2512022Assets 2023: $25,633,198Liabilities 2023: $10,408,978Net Assets 2023: $15,224,2202023Assets 2024: $28,525,914Liabilities 2024: $11,106,500Net Assets 2024: $17,419,4142024

Highlighted filing

2024

Assets$28,525,914
Liabilities$11,106,500
Net Assets$17,419,414

Operations Trend

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

$40M$30M$20M$10M$0Revenue 2011: $17,007,218Expenses 2011: $16,875,288Net Income 2011: $131,9302011Expenses 2012: $18,157,9422012Revenue 2013: $21,049,481Expenses 2013: $19,760,030Net Income 2013: $1,289,4512013Revenue 2014: $21,390,978Expenses 2014: $20,785,441Net Income 2014: $605,5372014Revenue 2015: $22,018,754Expenses 2015: $21,730,038Net Income 2015: $288,7162015Revenue 2016: $22,741,506Expenses 2016: $22,063,994Net Income 2016: $677,5122016Revenue 2017: $25,209,477Expenses 2017: $24,325,650Net Income 2017: $883,8272017Revenue 2018: $26,401,629Expenses 2018: $25,574,885Net Income 2018: $826,7442018Revenue 2019: $27,302,262Expenses 2019: $26,591,890Net Income 2019: $710,3722019Revenue 2020: $28,161,553Expenses 2020: $28,024,163Net Income 2020: $137,3902020Revenue 2021: $28,530,069Expenses 2021: $28,422,964Net Income 2021: $107,1052021Revenue 2022: $33,881,214Expenses 2022: $30,971,313Net Income 2022: $2,909,9012022Revenue 2023: $34,460,250Expenses 2023: $33,060,281Net Income 2023: $1,399,9692023Revenue 2024: $36,154,042Expenses 2024: $34,107,997Net Income 2024: $2,046,0452024

Highlighted filing

2024

Revenue$36,154,042
Expenses$34,107,997
Net Income$2,046,045

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.5$11.1$17.4$36.2$34.1$2.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.6$10.4$15.2$34.5$33.1$1.40
2022Detailed filing. Detailed filing data is available for this year.$25.2$11.4$13.8$33.9$31.0$2.91
2021Detailed filing. Detailed filing data is available for this year.$25.1$14.2$10.9$28.5$28.4$0.11
2020Detailed filing. Detailed filing data is available for this year.$25.2$14.6$10.5$28.2$28.0$0.14
2019Detailed filing. Detailed filing data is available for this year.$19.4$8.99$10.4$27.3$26.6$0.71
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$9.07$9.78$26.4$25.6$0.83
2017Detailed filing. Detailed filing data is available for this year.$19.6$10.8$8.80$25.2$24.3$0.88
2016Detailed filing. Detailed filing data is available for this year.$18.6$10.9$7.69$22.7$22.1$0.68
2015Detailed filing. Detailed filing data is available for this year.$18.1$10.8$7.28$22.0$21.7$0.29
2014Detailed filing. Detailed filing data is available for this year.$19.0$12.1$6.98$21.4$20.8$0.61
2013Summary only. Only limited summary data is available for this year.$16.8$10.6$6.18$21.0$19.8$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$11.4$4.60$18.2
2011Summary only. Only limited summary data is available for this year.$15.0$11.0$3.91$17.0$16.9$0.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$34,045,932
Mission and Program Overview

Mission

The school has a methodology called "daily life therapy" a unique educational approach used in the treatment of students on the autism spectrum.

The school has a special methodology called "daily life therapy" used in the treatment and education of children diagnosed with autism and related developmental disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,957,774$11,502,893▲ $545,119
Cash and Non-Interest-Bearing Accounts$9,148,346$8,368,935▼ $779,411
Investments in Publicly Traded Securities$2,529,502$2,498,003▼ $31,499
Accounts Receivable$2,115,052$2,387,338▲ $272,286
Prepaid Expenses and Deferred Charges$268,825$364,891▲ $96,066
Total Assets$25,103,107$25,185,346▲ $82,239
Other Assets Total$83,608$63,286▼ $20,322
Liabilities
Tax Exempt Bond Liabilities$11,567,882$8,153,821▼ $3,414,061
Accounts Payable and Accrued Expenses$2,026,992$2,966,641▲ $939,649
Deferred Revenue$593,883$240,633▼ $353,250
Total Liabilities$14,188,757$11,361,095▼ $2,827,662
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,761,726$13,615,643▲ $2,853,917
Net Assets With Donor Restrictions$152,624$208,608▲ $55,984
Total Net Assets Fund Balance$10,914,350$13,824,251▲ $2,909,901
Total Liabilities and Net Assets / Fund Balance$25,103,107$25,185,346▲ $82,239

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,272,486$16,434,007$24,706,493
Land$2,571,635-$2,571,635
Equipment$658,772$1,655,021$2,313,793
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael L KellyExec. Director & TreasurerFT$298,910$298,910
Deborah DonovanPrincipalFT$192,109$192,109

Board Members and Trustees

NameTitle
Peter GarlandPresident & Director
Akihiro TakamatsuDirector
Christopher SuppleDirector
Craig SchulzeDirector
Katsumi SuzukiDirector
Leslie VargaseDirector
Michiko OkuboDirector
Nancy WagmanDirector
Paul HaganDirector
Ronald LowingerDirector
Frank SespicoDirector & Clerk

Highest Paid Contractors

ContractorServicesLocationCompensation
Chartwells Dining ServicesFood Service ContractPO BOX 91337, Chicago, IL 60693$1,543,862
Nelm CorpGeneral Contractor135 INDUSTRIAL WAY, Rockland, MA 02370$633,217
Wells LandscapingLandscape & Snow Removal535 SOUTH MAIN STREET, Randolph, MA 02368$414,153
Macleod General Contractors INCGeneral Contractor255 CENTRE STREET, Abington, MA 02351$406,392
Clark Lau LLCImmigration Attorneys155 FEDERAL STREET 400, Boston, MA 02110$311,355
Revenue and Support

Revenue Composition

Contributions and Grants
$3,570,538
Program Service Revenue
$30,312,276
Investment Income
$65,558
Other Revenue
$-67,158
All Other Contributions
$507,263
Change in Net Assets
$2,909,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,846,387
Revenue Not Reported on Financial Statements
$3,034,827
Revenue Not Reported on Form 990
$164,718
Other Revenue Adjustments
$3,034,827
Total Revenue per Audited Statements
$31,011,105
Total Revenue per Form 990
$33,881,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$25,334,335
Other Expenses$5,636,978
Total Fundraising Expense$139,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$17,031,886$760,201$97,973$17,890,060
Other Employee Benefits$3,698,994$191,415$291$3,890,700
Payroll Taxes$1,690,568$93,816$9,616$1,794,000
Occupancy$1,246,058$35,420-$1,281,478
Pension Plan Contributions$1,195,418$66,338$6,800$1,268,556
Depreciation Depletion$976,585$33,838-$1,010,423
Current Officers, Directors, Trustees, and Key Employees$192,109$298,910-$491,019
All Other Expenses$129,857$225,426$12,238$367,521
Fees for Services Legal-$330,808-$330,808
Interest$194,159--$194,159
Insurance$143,340$21,432-$164,772
Fees for Services Other$76,830$37,468-$114,298
Other Expenses$39,821$39,821$12,238$79,642
Fees for Services Accounting-$60,603-$60,603
Total Functional Expenses$28,611,222$2,220,935$139,156$30,971,313

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,135,504
Total Expenses per Form 990$30,971,313
Expenses per Audited Statements$30,970,786
Expenses Not Reported on Form 990$164,718
Expenses Not Reported on Financial Statements$527
Other Expense Adjustments$527
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Hefa and Boston Higashi School2001-12-27$11,130,000Refinance existing acquision mortgage, renovations
CMassachusetts Development Finance Agency and Peoples United Bank2019-08-28$6,830,000Refinance existing acquision mortgage, renovations
DMassachusetts Development Finance Agency and Peoples United Bank2019-08-28$2,520,000BUILDING RENOVATIONS
BMassachusetts Hefa and Boston Higashi School2006-06-28$1,575,000BUILDING RENOVATIONS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$11,130,000-
B--$1,575,000-
C--$1,072,710-
D----

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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has 4 members that elect, re-elect, confirm, or nominate board directors.

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

The organization has 4 members that elect, re-elect, or confirm nomination of the board of directors.

Form 990, Part VI, Section A, Line 8B

The officers maintain a recording of all minutes of the governing board meetings.

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

A copy of the form 990 is provided to the board of directors for their review and approval.

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

The board of directors monitors and enforces compliance with the conflict of interest policy annually at a minimum.

Form 990, Part VI, Section B, Line 15

The school's board of directors established a sub-committee to annually review comparitive salary data, perfomance and any other relevant data to set executive compensation.

Form 990, Part VI, Section C, Line 18

The organization maintains a copy of form 1023 in the business department and makes them available to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization maintains all documents in the business department and makes them available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Boston Higashi School Inc
EIN
22-2803661
Phone
7819610800
Address
800 NORTH MAIN STREET, RANDOLPH, MA 02368

Signing Officer

Name
Michael L Kelly
Title
Treasurer
Phone
7819610800
Signed
2023-05-12

Organization Details

Principal Officer
Michael L Kelly
Formed
1986
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
11
Employees
328
Volunteers
0
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of directors meet annually with the partner of the audit firm and serve as the committe to review the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the organization to evaluate tax positions taken and recognize a tax liability (or asset) if the organization has taken an uncertain position that is more likely than not would be sustained upon examination by taxing authorities.the organization has analyzed the tax positions taken, and had concluded that as of june 30, 2018, there were no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 714 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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IRS990/AccountsReceivableGrp/EOYAmt02387338
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SCHOOL HAS A SPECIAL METHODOLOGY CALLED "DAILY LIFE THERAPY" USED IN THE TREATMENT AND EDUCATION OF CHILDREN DIAGNOSED WITH AUTISM AND RELATED DEVELOPMENTAL DISORDERS.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0800 NORTH MAIN STREET
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IRS990/Desc0APPROXIMATELY 151 STUDENTS WERE ENROLLED IN THE SCHOOL'S SPECIAL EDUCATION PROGRAM FOR CHILDREN WITH AUTISM. APPROXIMATELY 89 STUDENTS WERE ENROLLED IN THE RESIDENTIAL PROGRAM.APPROXIMATELY 42 STUDENTS WERE ENROLLED IN THE ADULT CONTINUING EDUCATION PROGRAM.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0PETER GARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK SESPICO
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHIKO OKUBO
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTOPHER SUPPLE
IRS990/Form990PartVIISectionAGrp/PersonNm4RONALD LOWINGER
IRS990/Form990PartVIISectionAGrp/PersonNm5KATSUMI SUZUKI
IRS990/Form990PartVIISectionAGrp/PersonNm6CRAIG SCHULZE
IRS990/Form990PartVIISectionAGrp/PersonNm7NANCY WAGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8AKIHIRO TAKAMATSU
IRS990/Form990PartVIISectionAGrp/PersonNm9LESLIE VARGASE
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL L KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm11PAUL HAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm12DEBORAH DONOVAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR & CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXEC. DIRECTOR & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRINCIPAL
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IRS990/MissionDesc0THE SCHOOL HAS A METHODOLOGY CALLED "DAILY LIFE THERAPY" A UNIQUE EDUCATIONAL APPROACH USED IN THE TREATMENT OF STUDENTS ON THE AUTISM SPECTRUM.
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