Civic Intelligence

Meridian Academy Inc.

990 • Fiscal year 2023 • EIN 43-2024960

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 31, 2024

Organization ProfileWWW.MERIDIANACADEMY.ORG
54 Brookside AvenueJamaica Plain, MA 02130

(617) 277-1118

Siviq Scores

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

Liabilities / Assets

91st percentile

0.81x

Higher debt load relative to assets than 91% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.91x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

40th percentile

0.1%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

68th percentile

$102,285

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

96th percentile

131%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$3,509,301

Up $1,992,095 (+131%) from 2022

Net Assets

Up

$659,893

Up $19,971 (+3.1%) from 2022

Liabilities

Up

$2,849,408

Up $1,972,124 (+225%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin40th percentile

Revenue

Up

$3,131,782

Up $308,132 (+11%) from 2022

Expenses

Up

$3,129,434

Up $340,701 (+12%) from 2022

Net Income

Down

$2,348

Down $32,569 (-93%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $258,994Liabilities 2011: $121,204Net Assets 2011: $137,7902011Assets 2012: $290,469Liabilities 2012: $186,632Net Assets 2012: $103,8372012Assets 2013: $368,013Liabilities 2013: $287,560Net Assets 2013: $80,4532013Assets 2014: $713,807Liabilities 2014: $399,147Net Assets 2014: $314,6602014Assets 2015: $959,756Liabilities 2015: $467,345Net Assets 2015: $492,4112015Assets 2016: $1,118,106Liabilities 2016: $544,676Net Assets 2016: $573,4302016Assets 2017: $1,186,825Liabilities 2017: $488,232Net Assets 2017: $698,5932017Assets 2018: $1,172,353Liabilities 2018: $557,487Net Assets 2018: $614,8662018Assets 2019: $1,116,253Liabilities 2019: $580,577Net Assets 2019: $535,6762019Assets 2020: $1,347,236Liabilities 2020: $773,369Net Assets 2020: $573,8672020Assets 2021: $1,475,651Liabilities 2021: $864,458Net Assets 2021: $611,1932021Assets 2022: $1,517,206Liabilities 2022: $877,284Net Assets 2022: $639,9222022Assets 2023: $3,509,301Liabilities 2023: $2,849,408Net Assets 2023: $659,8932023Assets 2024: $3,429,512Liabilities 2024: $2,664,427Net Assets 2024: $765,0852024

Highlighted filing

2023

Assets$3,509,301
Liabilities$2,849,408
Net Assets$659,893
Open 2023 Filing

Operations Trend

Revenue Growth56th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $490,142Expenses 2011: $500,474Net Income 2011: -$10,3322011Revenue 2012: $799,907Expenses 2012: $835,575Net Income 2012: -$35,6682012Expenses 2013: $1,003,4922013Revenue 2014: $1,373,486Expenses 2014: $1,139,522Net Income 2014: $233,9642014Revenue 2015: $1,611,105Expenses 2015: $1,433,347Net Income 2015: $177,7582015Revenue 2016: $1,815,722Expenses 2016: $1,735,273Net Income 2016: $80,4492016Revenue 2017: $2,053,906Expenses 2017: $1,929,546Net Income 2017: $124,3602017Revenue 2018: $1,873,530Expenses 2018: $1,956,707Net Income 2018: -$83,1772018Revenue 2019: $2,093,444Expenses 2019: $2,176,132Net Income 2019: -$82,6882019Revenue 2020: $2,295,551Expenses 2020: $2,260,189Net Income 2020: $35,3622020Revenue 2021: $2,596,139Expenses 2021: $2,577,478Net Income 2021: $18,6612021Revenue 2022: $2,823,650Expenses 2022: $2,788,733Net Income 2022: $34,9172022Revenue 2023: $3,131,782Expenses 2023: $3,129,434Net Income 2023: $2,3482023Revenue 2024: $3,437,184Expenses 2024: $3,352,886Net Income 2024: $84,2982024

Highlighted filing

2023

Revenue$3,131,782
Expenses$3,129,434
Net Income$2,348
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 31, 2024
Return Version
2022v5.0
Gross Receipts
$3,631,570
Mission and Program Overview

Mission

Our mission is to educate students from grades 6-12. Our curriculum incorporates the best practices from both progressive and traditional schooling, encourgaing students to embrace the joys and challenges of lifelong learning and discovery.

Meridian academy is a nonprofit independent day school in jamaica plain, massachusetts. Meridian is an urban, independent, college preparatory school that mentors students in a small vibrant community to become creative, questioning, and analytical learners, as well as thoughtful involved citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$66,097$849,016▲ $782,919
Cash and Non-Interest-Bearing Accounts$1,385,491$821,904▼ $563,587
Land, Buildings, and Equipment, Net$49,943$25,927▼ $24,016
Accounts Receivable$6,175$15,522▲ $9,347
Prepaid Expenses and Deferred Charges$9,500$9,500→ $0
Total Assets$1,517,206$3,509,301▲ $1,992,095
Other Assets Total$0$1,787,432▲ $1,787,432
Liabilities
Other Liabilities$0$1,911,977▲ $1,911,977
Deferred Revenue$736,419$880,910▲ $144,491
Accounts Payable and Accrued Expenses$140,865$56,521▼ $84,344
Total Liabilities$877,284$2,849,408▲ $1,972,124
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$639,922$659,893▲ $19,971
Total Net Assets Fund Balance$639,922$659,893▲ $19,971
Total Liabilities and Net Assets / Fund Balance$1,517,206$3,509,301▲ $1,992,095

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,926$283,162$295,088
Equipment$4,810$83,271$88,081
Other Land Buildings$9,191$76,834$86,025
Other Assets Org$1,787,432--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Josh AbramsTrustee, Head of SchoolPT$102,285$102,285

Board Members and Trustees

NameTitle
Beth SchultzPresident
Jane MouldingTrustee
Kemarah SikaTrustee
Lisa PollerTrustee
Sidra SmithTrustee
Stephanie KinkelTrustee
Velina BatchvarovTrustee
Seth AbramowitzClerk
Venice TouzeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,000
Program Service Revenue
$3,028,555
Investment Income
$14,187
Other Revenue
$40
All Other Contributions
$89,000
Change in Net Assets
$2,348

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,033,788
Revenue Not Reported on Financial Statements
$1,097,994
Revenue Not Reported on Form 990
$17,622
Other Revenue Adjustments
$1,097,994
Total Revenue per Audited Statements
$2,051,410
Total Revenue per Form 990
$3,131,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,441,150
Grants and Similar Amounts Paid$1,097,994
Other Expenses$590,290
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,097,994--$1,097,994
Comp Disqual Persons$906,340$158,457-$1,064,797
Occupancy$186,933$9,839-$196,772
Other Employee Benefits$159,163$28,087-$187,250
Payroll Taxes$94,148$4,955-$99,103
All Other Expenses$32,325$60,203-$92,528
Current Officers, Directors, Trustees, and Key Employees$45,000$45,000-$90,000
Conferences and Meetings-$45,039-$45,039
Advertising$27,462$1,445-$28,907
Depreciation Depletion$25,697$1,353-$27,050
Other Expenses$16,232$854-$17,086
Insurance-$13,812-$13,812
Total Functional Expenses$2,739,308$390,126$0$3,129,434

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,129,434
Expenses per Audited Statements$2,031,440
Total Expenses per Audited Statements$2,031,440
Expenses Not Reported on Financial Statements$1,097,994
Other Expense Adjustments$1,097,994
Expenses Not Reported on Form 990$0
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

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,911,977
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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 11B

“The treasurer prepares and files the form 990 after review and approval by the board.”

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

“The board of directors signs an annual certification stating that they have no conflicts of interest with the organization.”

Form 990, Part VI, Section B, Line 15A

“The board of directors researches what similar schools in the market pay, such as small elementary schools or the upper school head at larger high schools. The board has approved steady raises that are not always taken.”

Form 990, Part VI, Section C, Line 19

“Documents available upon request and also available for viewing on the massachussetts attorney general's website and on guidestar.”

Filing and Contact Details

Filer

Filer Name
Meridian Academy Inc
EIN
43-2024960
Phone
6172771118
Address
54 BROOKSIDE AVENUE, JAMAICA PLAIN, MA 02130

Signing Officer

Name
Venice Touze
Title
Treasurer
Phone
6172771118
Signed
2024-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Abrams
Formed
2003
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
26
Volunteers
40

Preparer

Firm
Walter Shuffain Pc
Address
ONE INTERNATIONAL PLACE SUITE 1010, BOSTON, MA 02110
Preparer
Stephen D Candelario
Phone
6174472700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization evaluates tax positions taken, or expected to be taken, in its tax returns to determine whether tax positions are more-likely-than-not of being sustained by the applicable federal or state authority. The organization has evaluated the tax positions taken in its previously filed returns and those expected to be taken in 2023 returns and believe they are more-likely-than-not of being sustained if examined by federal or state authorities.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“FINANCIAL AID 1,097,994.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“FINANCIAL AID 1,097,994.”

Raw XML AppendixShowing 400 of 462 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/Desc0EDUCATE STUDENTS GRADES 6-12. OUR CURRICULUM INCORPORATES THE BEST PRACTICES FROM BOTH PROGRESSIVE AND TRADITIONAL SCHOOLING, ENCOURGAING STUDENTS TO EMBRACE THE JOYS AND CHALLENGES OF LIFELONG LEARNING AND DISCOVERY.
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IRS990/NetUnrlzdGainsLossesInvstAmt017622
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0639922
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0659893
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09839
IRS990/OccupancyGrp/ProgramServicesAmt0186933
IRS990/OccupancyGrp/TotalAmt0196772
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01787432
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028087
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0159163
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0187250
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3CUSTODIAL EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12917
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2854
IRS990/OtherExpensesGrp/ProgramServicesAmt072661
IRS990/OtherExpensesGrp/ProgramServicesAmt155432
IRS990/OtherExpensesGrp/ProgramServicesAmt219921
IRS990/OtherExpensesGrp/ProgramServicesAmt316232
IRS990/OtherExpensesGrp/TotalAmt090826
IRS990/OtherExpensesGrp/TotalAmt158349
IRS990/OtherExpensesGrp/TotalAmt219921
IRS990/OtherExpensesGrp/TotalAmt317086
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01911977
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt040
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt040
IRS990/OtherRevenueTotalAmt040
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04955
IRS990/PayrollTaxesGrp/ProgramServicesAmt094148
IRS990/PayrollTaxesGrp/TotalAmt099103
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09500
IRS990/PrincipalOfficerNm0JOSH ABRAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION, EVENTS AN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03025995
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03025995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12560
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0133172
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0879278
IRS990/PYInvestmentIncomeAmt0159
IRS990/PYOtherExpensesAmt0603708
IRS990/PYOtherRevenueAmt03531
IRS990/PYProgramServiceRevenueAmt02686788
IRS990/PYRevenuesLessExpensesAmt034917
IRS990/PYSalariesCompEmpBnftPaidAmt01305747
IRS990/PYTotalExpensesAmt02788733
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02823650
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02348
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03025995
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04810
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083271
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088081
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01097994
IRS990ScheduleD/ExpensesSubtotalAmt02031440
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011926
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0283162
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0295088
IRS990ScheduleD/NetUnrealizedGainsInvstAmt017622
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01787432
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0"RIGHT OF USE" BUILDING LEASE
IRS990ScheduleD/OtherExpensesNotIncludedAmt01097994
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09191
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt076834
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt086025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01911977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01097994
IRS990ScheduleD/RevenueNotReportedAmt017622
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01097994
IRS990ScheduleD/RevenueSubtotalAmt02033788
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EVALUATES TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS TO DETERMINE WHETHER TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE FEDERAL OR STATE AUTHORITY. THE ORGANIZATION HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN 2023 RETURNS AND BELIEVE THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID 1,097,994.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 1,097,994.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025927
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01787432
IRS990ScheduleD/TotalExpensesPerForm990Amt03129434
IRS990ScheduleD/TotalLiabilityAmt01911977
IRS990ScheduleD/TotalRevenuePerForm990Amt03131782
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02051410
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02031440
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL STRIVES TO INCLUDE ITS POLICY IN MULTIPLE FORMATS. THE SCHOOL INCLUDES THE POLICY IN ITS ADMISSIONS AND OTHER DOCUMENTS AS WELL AS ON ITS WEBSITE. EACH YEAR, THE SCHOOL PARTICIPATES IN A JOINT ADVERTISEMENT WITH OTHER SCHOOLS ANNOUNCING ITS POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01097994
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FINANCIAL AID DIRECTLY APPLIED TO STUDENT TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt085
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER PREPARES AND FILES THE FORM 990 AFTER REVIEW AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SIGNS AN ANNUAL CERTIFICATION STATING THAT THEY HAVE NO CONFLICTS OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS RESEARCHES WHAT SIMILAR SCHOOLS IN THE MARKET PAY, SUCH AS SMALL ELEMENTARY SCHOOLS OR THE UPPER SCHOOL HEAD AT LARGER HIGH SCHOOLS. THE BOARD HAS APPROVED STEADY RAISES THAT ARE NOT ALWAYS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST AND ALSO AVAILABLE FOR VIEWING ON THE MASSACHUSSETTS ATTORNEY GENERAL'S WEBSITE AND ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01517206
IRS990/TotalAssetsEOYAmt03509301
IRS990/TotalAssetsGrp/BOYAmt01517206
IRS990/TotalAssetsGrp/EOYAmt03509301
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt089000
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0390126
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02739308
IRS990/TotalFunctionalExpensesGrp/TotalAmt03129434
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0877284
IRS990/TotalLiabilitiesEOYAmt02849408

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,509,301
Liabilities
$2,849,408
Net assets
$659,893
Revenue
$3,131,782
Expenses
$3,129,434
Net income
$2,348
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.43$2.66$0.77$3.44$3.35$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.51$2.85$0.66$3.13$3.13$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.52$0.88$0.64$2.82$2.79$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.86$0.61$2.60$2.58$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.77$0.57$2.30$2.26$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.58$0.54$2.09$2.18$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.56$0.61$1.87$1.96$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.49$0.70$2.05$1.93$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.54$0.57$1.82$1.74$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.47$0.49$1.61$1.43$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.40$0.31$1.37$1.14$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.29$0.08$1.00
2012Summary only. Only limited summary data is available for this year.$0.29$0.19$0.10$0.80$0.84$0.04
2011Summary only. Only limited summary data is available for this year.$0.26$0.12$0.14$0.49$0.50$0.01