2024-05-15T13:17:05-05:00 2023-06-30 208014049 STONE & COMPANY LLC 57 BEDFORD STREET SUITE 225 LEXINGTON MA 02420 990 2022-07-01 042304521 THE ADVENT SCHOOL CORPORATION ADVE 6177420520 15 BRIMMER STREET BOSTON MA 02108 JEFF CH MORGAN DIRECTOR OF FINANCE & OPERATIONS 6177420520 2024-05-15 1 JEFF CH MORGAN 999009999 0 DIANE WEST CPA P01061849 7818636300 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF CH MORGAN 15 BRIMMER STREET BOSTON MA 02108 9859335 0 X WWW.ADVENTSCHOOL.ORG X 1961 MA EDUCATIONAL INSTRUCTION GRADES EARLY CHILDHOOD THROUGH GRADE 6. 25 24 75 85 0 0 1134372 1060970 6927677 7155979 34254 120737 -105642 -50100 7990661 8287586 1378820 1450565 0 0 4986801 4898919 0 0 285843 1526544 1549221 7892165 7898705 98496 388881 13227091 11928558 10887116 9049669 2339975 2878889 X THE MISSION OF THE CORPORATION IS TO EDUCATE CHILDREN. SINCE 1961, THE ADVENT SCHOOL HAS STAYED TRUE TO ITS FOUNDING VISION: AN URBAN SCHOOL WHOSE COMMUNITY REFLECTS THE DIVERSITY OF BOSTON; A FORWARD THINKING CURRICULUM THAT INSPIRES AND ENGAGES A CHILD'S PASSION FOR LEARNING; A COMMITMENT TO SOCIAL JUSTICE; AND A CULTURE OF COLLABORATION WHERE EVERY CHILD HAS THE CONFIDENCE TO TAKE ACTION IN A CONNECTED WORLD. 0 0 5043311 1313500 6525012 EDUCATIONAL INSTRUCTION AND STUDENT ACTIVITIES FOR STUDENTS IN GRADES EARLY CHILDHOOD THROUGH GRADE 6. 668674 137065 630967 AFTER SCHOOL PROGRAMS FOR CHILDREN WHO ARE STUDENTS AT THE ADVENT SCHOOL. 5711985 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 75 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MA X X THE ADVENT SCHOOL CORPORATION 6177420520 15 BRIMMER STREET BOSTON MA 02108 TED SCHWARTZBERG PRESIDENT & CHAIR 3.00 X X 0 0 0 LINDSY DASHIELL VICE CHAIR 1.00 X X 0 0 0 VICENTE PIEDRAHITA TREASURER 1.00 X X 0 0 0 ELYSE SWALLOW SECRETARY 1.00 X X 0 0 0 JERRY WARD TRUSTEE, MEMBER AT LARGE 1.00 X 0 0 0 JENNIFER CARRION TRUSTEE, MEMBER AT LARGE 1.00 X 0 0 0 LAUREN GOFF TRUSTEE, MEMBER AT LARGE 1.00 X 0 0 0 MORGAN BECKFORD TRUSTEE 1.00 X 0 0 0 ROBY BHATTACHARYYA TRUSTEE 1.00 X 0 0 0 INGRID BOYD TRUSTEE 1.00 X 0 0 0 RACHEL EDWARDS TRUSTEE 1.00 X 0 0 0 ARTURO FORREST TRUSTEE 1.00 X 0 0 0 JACK GURNON TRUSTEE 1.00 X 0 0 0 REBECCA KAISER TRUSTEE 1.00 X 0 0 0 JON LEE TRUSTEE 1.00 X 0 0 0 ADRIAN MADARO TRUSTEE 1.00 X 0 0 0 MARK WHITE TRUSTEE 1.00 X 0 0 0 LESLIE MARTIN TRUSTEE 1.00 X 0 0 0 MAX METRAL TRUSTEE 1.00 X 0 0 0 SARAH PATRICK TRUSTEE 1.00 X 0 0 0 BRETT PAULSRUD TRUSTEE 1.00 X 0 0 0 RAMONA PERSAUD TRUSTEE 1.00 X 0 0 0 KARIN ROESCH TRUSTEE 1.00 X 0 0 0 MICHAEL WEAVER TRUSTEE 1.00 X 0 0 0 JENNIFER MEADER TRUSTEE,FACULTY MEMBER 40.00 X 85489 0 0 NICOLE DUFAUCHARD HEAD OF SCHOOL 40.00 X 324258 0 0 JEFF CH MORGAN DIRECTOR OF FINANCE AND OP 40.00 X 174535 0 0 LAUREN LEWIS DIRECTOR OF ENROLLMENT MANAGEMENT 40.00 X 120935 0 0 ABIGAIL HAYHURST DEAN OF STUDENT SERVICES 40.00 X 108939 0 0 GRETCHEN VICE DEAN OF FACULTY 40.00 X 108127 0 0 922283 0 0 8 0 1 0 0 120393 802566 138011 5095 1060970 TUITION & RELATED REV. 611710 6506169 6506169 ENRICHMENT PROGRAMS 611710 630967 630967 OTHER PROGRAM REVENUE 611710 18843 18843 7155979 66796 66796 1575590 1521649 53941 53941 53941 0 120393 50100 -50100 -50100 8287586 7209920 0 16696 1450565 1450565 922283 922283 3174355 1961289 1044682 168384 802281 564541 204739 33001 163561 17478 145062 1021 61994 61994 142797 67780 71733 3284 20855 14680 5318 857 62800 46595 15905 300 218763 132260 84711 1792 223408 136860 84694 1854 66341 40931 24866 544 REPAIRS AND MAINTENANCE 252313 154660 95514 2139 BOOKS, SUPPLIES AND EQU 122553 122553 OTHER EXPENSES 73919 20724 45797 7398 FUNDRAISING 63950 63950 75967 58786 15862 1319 7898705 5711985 1900877 285843 2579754 844195 1242112 1276998 55989 47214 31160 90217 89409 429135 11871358 4335859 7730107 7535499 1498560 1676041 29259 13227091 11928558 570473 449311 1783236 1061217 7741640 7508564 791767 0 0 30577 10887116 9049669 X 1969273 2470826 370702 408063 2339975 2878889 13227091 11928558 X 388881 99933 50100 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 PART II-B, LINE 1: THE ADVENT SCHOOL BELONGS TO MEMBER ORGANIZATIONS, WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. SOME PORTION OF MEMBERSHIP DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES. 335066 4000 62340 13979 387427 459412 4000 -98923 29423 335066 343109 4262 124752 12711 459412 336222 4000 14868 11981 343109 316866 7500 22832 10976 336222 0.00000 0.67426 0.32574 0 0 1957137 1957137 7523856 2333385 5190471 1528875 1352696 176179 398404 380240 18164 463086 269538 193548 7535499 LEASE OBLIGATIONS 30577 30577 X 6987054 99933 50100 150033 6837021 1450565 1450565 8287586 6448140 0 6448140 1450565 1450565 7898705 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE BEING HELD FOR THE PURPOSES OF FACULTY ENRICHMENT PROGRAMS AND STUDENT FINANCIAL AID. PART X, LINE 2: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON THE APPLICATION OF A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SCHOOL'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 50,100. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,450,565. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,450,565. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ON AN ANNUAL BASIS THE ADVENT SCHOOL PARTICIPATES IN A GROUP ADVERTISEMENT IN THE BOSTON GLOBE REAFFIRMING THEIR POLICY OF NON-DISCRIMINATORY ADMISSION OF STUDENTS. X X X X X 0 SPRING BENEFIT 120393 120393 50100 120393 120393 50100 50100 -50100 1 FINANCIAL AID AND SCHOLARSHIPS FOR THE SCHOOL YEAR. 51 1450565 FMV OF PUBLISHED TUITION RATES TUITION ASSISTANCE PART I, LINE 2: THE ADVENT SCHOOL OFFERS FINANCIAL AID OR SCHOLARSHIP ASSISTANCE TO FAMILIES WITH A DEMONSTRATED FINANCIAL NEED. TO APPLY, PARENTS MUST COMPLETE AND SUBMIT AN APPLICATION, THE PARENTS' FINANCIAL STATEMENT (PFS), TO SCHOOL AND STUDENT SERVICES BY NAIS. APPLICATIONS CAN EITHER BE COMPLETED ONLINE OR SUBMITTED BY MAIL. X X X X X 0 0 0 0 0 0 0 0 0 NICOLE DUFAUCHARD HEAD OF SCHOOL 265255 0 5305 0 53698 0 0 0 0 0 324258 0 0 0 JEFF CH MORGAN DIRECTOR OF FINANCE AND OP 160000 0 0 0 14535 0 0 0 0 0 174535 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY ADVENT SCHOOL ISSUE SERIES 2016A 043431814 2016-02-03 7000000 REFUNDING OF 6/26/07 BOND ISSUE, AND PURCHASE OF 99 WEST CEDAR STREET 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY ADVENT SCHOOL ISSUE SERIES 2016B 043431814 2016-02-03 1982000 REFUNDING OF 6/26/07 BOND ISSUE, AND PURCHASE OF 99 WEST CEDAR STREET 0 0 0 A 7000000 44626 3019390 3935983 1 0 1 1 B 1982000 12636 854919 1114446 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 0 B 0 0 0 1 1 0 0 0 0 A 0 B 0 FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD OF TRUSTEES REVIEWS THE ENTIRE FORM 990, WITH THE EXCEPTION OF SCHEDULE B, WHICH IS NOT REVIEWED BY THE BOARD DUE TO ITS SENSITIVE NATURE. SCHEDULE B IS REVIEWED BY THE HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE AND OPERATIONS. FORM 990, PART VI, SECTION B, LINE 12C AT THE FIRST BOARD MEETING OF EACH SCHOOL YEAR, EACH TRUSTEE COMPLETES A CONFLICT OF INTEREST STATEMENT THAT IS FILED IN THE HEAD OF SCHOOL'S OFFICE. THE POLICY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE AND COMPENSATION COMMITTEES OF THE BOARD OF TRUSTEES DETERMINE THE COMPENSATION FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION FOR THE DIRECTOR OF FINANCE AND OPERATIONS. BOTH EMPLOYEES HAVE WRITTEN CONTRACTS. COMPENSATION FOR ALL OTHER PERSONNEL IS DETERMINED BY THE HEAD OF SCHOOL AND DIRECTOR OF FINANCE AND OPERATIONS, AND IS BASED ON AN EMPLOYEES'S LEVEL OF RESPONSIBILITY AND EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX FILINGS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE TAX FILINGS ARE ALSO AVAILABLE AT THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION FOR PUBLIC CHARITIES WEBSITE AND AT THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE FOR VIEWING AT WWW.GUIDESTAR.ORG, A WEBSITE USED TO RATE NON-PROFITS FOR POTENTIAL DONORS. THE TAX FILINGS ARE ALSO AVAILABLE AT THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION FOR PUBLIC CHARITIES WEBSITE AND AT THE SCHOOL. FORM 990, PART XI, LINE 9: FUNDRAISING EXPENSES 50,100. FORM 990 PART VI, SECTION B, LINES 13 & 14 THE ADVENT SCHOOL CURRENTLY FOLLOWS AISNE GUIDELINES FOR ITS WHISTLE BLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES. THE SCHOOL IS CURRENTLY IN THE PROCESS OF FORMALIZING THEIR OWN POLICIES AND WILL INCLUDE THEM IN THEIR BY-LAWS.