2024-05-01T12:36:20-05:00 2023-06-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2022-07-01 043099610 THE MASSACHUSETTS FOUNDATION FOR LEARNING DISABILITIES MASS 4135629500 533 NORTH ROAD WESTFIELD MA 01085 DAVID DRAKE TREASURER AND DIRECTOR 4135629500 2024-04-30 1 DAVID DRAKE 999009999 0 JOHN G MADDEN P00142526 7813564800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE WHITE OAK SCHOOL DAVID DRAKE 533 NORTH ROAD WESTFIELD MA 01085 3361462 0 X WWW.WHITEOAKSCHOOL.ORG X 1990 MA WHITE OAK SCHOOL PROVIDES EFFECTIVE RESEARCH-BASED INSTRUCTION FOR STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES. A MAJOR FOCUS OF THESE SERVICES IS TO IMPROVE THE LANGUAGE SKILLS THROUGH AN EMPHASIS ON READING, SPELLING, WRITTEN LANGUAGE AND ORAL LANGUAGE. 3 2 41 4 0 0 334246 446713 3107024 2838609 3199 43017 446459 33123 3890928 3361462 0 0 0 0 2693922 2458836 0 0 0 748792 648873 3442714 3107709 448214 253753 4412884 4457582 1728304 1560148 2684580 2897434 WHITE OAK SCHOOL PROVIDES EFFECTIVE RESEARCH-BASED INSTRUCTION FOR STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES. A MAJOR FOCUS OF THESE SERVICES IS TO IMPROVE THE LANGUAGE SKILLS THROUGH AN EMPHASIS ON READING, SPELLING, WRITTEN LANGUAGE AND ORAL LANGUAGE. 0 0 2696108 3314396 WHITE OAK SCHOOL PROVIDES SPECIAL EDUCATION SERVICES TO STUDENTS WITH LANGUAGE BASED LEARNING DISABILITIES. APPROXIMATELY 53 STUDENTS SERVED DURING FY2023. 2696108 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 3 0 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 MA X X JANINE ROSS 4135629500 533 NORTH STREET WESTFIELD MA 01085 DAVID DRAKE EXEC. DIR./TREAS. BEG. 11/22 10.00 X X 301090 0 5517 MARTIN PION PHD PRESIDENT/DIRECTOR 0.10 X X 0 0 0 WILL BAKER TREASURER/DIR. THRU 10/22 0.10 X X 0 0 0 DR ROBERT F LITTLETON JR CLERK/DIRECTOR 0.10 X X 0 0 0 JANINE ROSS CHIEF FINANCIAL OFFICER 40.00 X 131255 0 5641 JODY MICHALSKI PROGRAM FUNCTION MANAGER 40.00 X 132545 0 8651 564890 0 19809 3 0 1 0 LEONARD MULHERIN & GREENE PC 625 GROVE ST BRAINTREE MA 02184 AUDIT, ACCOUNTING AND FILINGS 179216 1 442664 4049 446713 TUITION AND FEES 611600 2838609 2838609 2838609 27017 27017 16000 0 16000 16000 16000 611710 33123 33123 33123 3361462 2871732 0 43017 182566 182566 1953450 1935244 18206 161669 159422 2247 161151 146354 14797 8616 8616 160147 160147 261107 249827 11280 5858 5858 128348 124966 3382 PROGRAM SUPPORT 29466 29466 MEALS 26096 26096 PROGRAM SUPP. & MAT. 14572 14572 OTHER ADMIN. EXPENSES 9559 9559 5104 4303 801 3107709 2696108 411601 0 469684 589612 2854748 110560 28700 13121 155754 3970 6849 3475835 2616888 947562 858947 95099 2728681 0 7179 4412884 4457582 409112 306464 1224093 1148011 95099 105673 1728304 1560148 X 2661093 2897434 23487 0 2684580 2897434 4412884 4457582 253753 -40899 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145264 145264 3055106 2356224 698882 197435 190437 6998 78030 70227 7803 858947 DEFERRED COMPENSATION LIABILITY 98374 FINANCE LEASE LIABILITY 7299 105673 3361462 0 3361462 0 3361462 3107709 0 3107709 0 3107709 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE BOSTON GLOBE WHICH IS A NEWSPAPER THAT IS REASONABLY LIKLEY TO BE READ BY ALL SEGMENTS OF THE COMMUNITY THE SCHOOL SERVES. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION CONTRACTS WITH VARIOUS PUBLIC SCHOOL DISTRICTS TO PROVIDE SERVICES TO ELIGIBLE STUDENTS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION RECEIVED GRANTS TOTALING $442,664 FROM THE MASSACHUSETTS DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION. X X X 0 0 0 0 0 0 0 0 0 DAVID DRAKE EXEC. DIR./TREAS. BEG. 11/22 101090 0 0 0 200000 0 2200 0 3317 0 306607 0 0 0 PART I, LINE 4 IN 1990, DAVID DRAKE FOUNDED THE MASSACHUSETTS FOUNDATION FOR LEARNING DISABILITIES D.B.A. THE WHITE OAK SCHOOL (THE "SCHOOL") A CHAPTER 766 APPROVED SPECIAL EDUCATION SCHOOL SERVING STUDENTS WITH DYSLEXIA AND RELATED SPECIFIC LEARNING DISABILITIES. FOR OVER THIRTY YEARS, MR. DRAKE HAS BEEN EXTENSIVELY INVOLVED IN THE DAY TO DAY OPERATIONS AS WELL ESTABLISHING THE LONG-TERM VISION FOR THE GROWTH AND FINANCIAL STABILITY OF THE SCHOOL. TODAY, OVER 33 YEARS AFTER ITS FOUNDING, WHITE OAK SCHOOL IS A WELL-RESPECTED MEMBER OF THE SPECIAL EDUCATION COMMUNITY IN THE STATE. MR. DRAKE HAS BEEN INSTRUMENTAL IN THE ACQUISITION AND DEVELOPMENT OF THE SCHOOL'S FORTY-ACRE CAMPUS LOCATED IN WESTFIELD MASSACHUSETTS. THE SCHOOL CONTINUES TO BE A STATE-APPROVED PROGRAM, AND IT PROVIDES ESSENTIAL SERVICES THAT WOULD OTHERWISE BE UNAVAILABLE. THE SCHOOL HAS SEEN ALL OF ITS STUDENTS PASS THE STATE'S MCAS TESTS, AND IT HAS A COMMENDABLE COLLEGE MATRICULATION RATE AND HAS BEEN NAMED A SCHOOL OF EXCELLENCE BY THE NATIONAL ASSOCIATION OF SPECIAL EDUCATION TEACHERS BY PRUDENT MANAGEMENT OF STUDENT ENROLLMENT AND CAREFUL SCALING OF FACULTY NUMBERS AND OTHER EXPENSES IN PROPORTION, THE SCHOOL HAS OPERATED CONSERVATIVELY AND SUCCESSFULLY SINCE ITS INCEPTION. UNDER MR. DRAKE'S LEADERSHIP, IT HAS ESTABLISHED SIGNIFICANT FINANCIAL RESERVES FOR A SCHOOL OF ITS SIZE AND IS WELL POSITIONED FOR THE FUTURE. IT IS NOW, BY FAR, THE MOST SUCCESSFUL, COMPREHENSIVE, STATE-APPROVED SCHOOL FOR DYSLEXIC/LEARNING DISABLED STUDENTS IN WESTERN MASSACHUSETTS. IN FISCAL YEAR 2019, INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS ENGAGED A NATIONAL COMPENSATION CONSULTING FIRM TO CONDUCT A STUDY OF THE HISTORIC COMPENSATION MR. DRAKE HAS RECEIVED FROM THE SCHOOL. THE COMPENSATION CONSULTANT FOUND THAT MR. DRAKE HAS BEEN HISTORICALLY UNDERCOMPENSATED OVER HIS THIRTY YEARS OF SERVICE AND CALCULATED THE PRESENT VALUE OF THE UNDER COMPENSATION FOR MR. DRAKE WAS $1,118,620. IN CONNECTION WITH THE FINDINGS OF THE NATIONAL COMPENSATION CONSULTING FIRM, THE BOARD OF DIRECTORS INCREASED MR. DRAKE'S SALARY, MADE CUMULATIVE CONTRIBUTIONS TO THE SCHOOL'S SECTION 457(F) DEFERRED COMPENSATION PLAN ("THE PLAN") TOTALING $414,600, AND AUTHORIZED A ONE-TIME SALARY PAYMENT OF $200,000 IN JUNE 2022. THE FUNDS CONTRIBUTED TO THE PLAN PLUS ANY EARNINGS THEREON WERE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE UNTIL JUNE 30, 2021 WHEN MR. DRAKE RECEIVED HIS VESTED BALANCE IN THE PLAN TOTALING $417,780. THE INDEPENDENT COMPENSATION CONSULTANT HAS PROVIDED WRITTEN CERTIFICATION THAT THE INCREASES TO MR. DRAKE'S COMPENSATION INCLUDING CONTRIBUTIONS TO THE PLAN ARE REASONABLE COMPENSATION AS DEFINED IN 26 CFR 53.4858-4(B)(II) TO THE EXTENT THE CUMULATIVE CONTRIBUTIONS TO THE PLAN AND THE COMPENSATION INCREASES DO NOT EXCEED THE HISTORIC UNDER COMPENSATION OF $1,118,620 IDENTIFIED IN THE COMPENSATION CONSULTANT'S REPORT. THE CUMULATIVE CONTRIBUTIONS OF $414,600 TO THE PLAN AND THE COMPENSATION INCREASES (INCLUDING THE ONE-TIME SALARY PAYMENT OF $200,000 IN JUNE 2022) DID NOT EXCEED THE HISTORIC UNDER COMPENSATION OF $1,118,620 IDENTIFIED BY THE COMPENSATION CONSULTANT. IN AUGUST 2021, MR. DRAKE'S ANNUAL SALARY WAS REDUCED DUE TO A REDUCTION IN HIS FULL TIME EQUIVALENT. REASONABLE LAWN CARE THE OWNER IS THE HUSBAND OF THE SCHOOL'S CHIEF FINANCIAL OFFICER. 71603 LANDSCAPING, SNOW REMOVAL AND RELATED MAINTENANCE SERVICES 0 DAVID DRAKE DAVID DRAKE WAS THE EXEC. DIR., TREAS. AND A DIRECTOR DURING FY 23. 16000 THE SCHOOL SOLD A VEHICLE AT FMV TO MR. DRAKE FOR $16,000. 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF FINANCIAL OFFICER REVIEWS A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANZIATION'S INDEPENDENT ACCOUNTANTS. ANY RESULTANT COMMENTS AND CHANGES ARE INCORPORATED INTO THE FORM BY THE INDEPENDENT ACCOUNTANTS. A FINAL VERSION OF THE FORM 990 IS THEN PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INETREST FORM ANNUALLY AND DISCLOSE IN WRITING WHETHER OR NOT THEY HAVE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVED THE EXECUTIVE DIRECTOR'S TOTAL COMPENSATION BASED UPON REVIEW OF COMPARABLE DATA THAT CONSISTS OF COMPENSATION OF EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS. THE ORGANIZATION ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT WHO ISSUED A REPORT CERTIFYING THAT THE EXECUTIVE DIRECTOR'S COMPENSATION IS REASONABLE COMPENSATION AS DEFINED IN 26 CFR SECTION 4958-4(B)(II). THE BOARD OF DIRECTORS DOCUMENTED ITS DELIBERATIONS AND DECISIONS IN THE APPLICABLE MINUTES FOR THE BOARD MEETINGS DURING WHICH THE APPROVAL OF THE EXECUTIVE DIRECTOR'S COMPENSATION OCCURRED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE WEBSITES OF CERTAIN STATE REGULATORY AGENCIES AS WELL AS UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.