2026-01-15T12:46:05-06:00 2025-02-28 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2024-03-01 042105813 THE WAYSIDE INN WAYS 9784431776 72 WAYSIDE INN ROAD SUDBURY MA 01776 MICHELE DIVITO TREASURER 9784431776 2026-01-13 1 0 CHRISTINE M MURRAY P00754498 7819375300 2026-01-13 2024 2025-03-06 01:10:19Z THE WAYSIDE INN FOUNDATION MICHELE DIVITO 10 CRESTWOOD DRIVE ASHLAND MA 01721 5383286 0 X WWW.WAYSIDE.ORG X 1944 MA PRESERVING AND PROVIDING HISTORICAL FACILITIES, AND PROMOTING EARLY AMERICAN HUMANITIES AND CULTURE THROUGH HOSPITALITY, LODGING, EDUCATION, PROGRAMMING, AND EVENTS. 15 15 163 110 20657 0 199690 335969 344766 362242 33754 35448 1491009 1488171 2069219 2221830 0 0 0 0 918901 889962 0 0 22913 1395442 1389634 2314343 2279596 -245124 -57766 3592601 3500561 938869 904595 2653732 2595966 PRESERVING AND PROVIDING HISTORICAL FACILITIES, AND PROMOTING EARLY AMERICAN HUMANITIES AND CULTURE THROUGH HOSPITALITY, LODGING, EDUCATION, PROGRAMMING, AND EVENTS. 0 0 1648227 1794496 LONGFELLOW'S WAYSIDE INN BRINGS THE EXPERIENCE OF EARLY AMERICAN LIFE TO OVER 100,000 VISITORS TO THE PROPERTY EACH YEAR. THE INN WAS INCORPORATED AS A 501 (C) (3) NON-PROFIT ORGANZIATION IN 1944 BY HENRY FORD WHO SOUGHT TO PRESERVE THE PROPERTY AS AN IMPORTANT EDUCATIONAL AND CULTURAL LANDMARK FOR EVERYONE TO ENJOY. 1648227 1 1 0 0 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 163 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X STEVE PICKFORD 9784431776 72 WAYSIDE INN ROAD SUDBURY MA 01776 X GARY CHRISTELIS BOARD MEMBER 1.50 X 0 0 0 MICHELE DIVITO TREASURER AND BOARD MEMBER 1.50 X X 0 0 0 LILY GORDON BOARD MEMBER 1.50 X 0 0 0 JON DELLI PRISCOLI BOARD MEMBER 1.50 X 0 0 0 JAMES WIEGEL BOARD MEMBER 1.50 X 0 0 0 SHERVIN BAHI HAWLEY BOARD MEMBER 1.50 X 0 0 0 DENISE GARZONE BOARD MEMBER AND CLERK 1.50 X X 0 0 0 JOHN DROBINSKI BOARD MEMBER 1.50 X 0 0 0 PAUL PIAZZA BOARD MEMBER 1.50 X 0 0 0 JOHN CHE YUEN HO PRESIDENT AND BOARD MEMBER 1.50 X X 0 0 0 MICHAEL MCCLUSKEY VICE PRESIDENT AND BOARD M 1.50 X X 0 0 0 VICTOR SULKOWSKI BOARD MEMBER 1.50 X 0 0 0 THOMAS PRINCE BOARD MEMBER 1.50 X 0 0 0 CHARLES JANDL BOARD MEMBER 1.50 X 0 0 0 KEVIN TEN BRINKE BOARD MEMBER 1.50 X 0 0 0 LAURI ENSLEY BOARD MEMBER 1.50 X 0 0 0 MAURA CARTY BOARD MEMBER AND CLERK 1.50 X 0 0 0 STEVE PICKFORD INNKEEPER 40.00 X 154000 0 0 154000 0 0 1 0 1 0 0 335969 335969 LODGING, NET 721110 362242 362242 362242 35448 35448 35407 0 35407 35407 35407 26452 11299 15153 15300 -147 4494880 3150157 1344723 1339366 5357 MISCELLANEOUS INCOME 900099 92888 92888 92888 2221830 1794496 20657 70708 154000 154000 602274 476116 123068 3090 55322 34307 19869 1146 78366 48840 28287 1239 125567 125567 2909 2909 87154 76559 10595 228359 205883 22476 127 127 108469 97622 10847 158267 142440 15827 RESTAURANT SUPPLIES 196180 196180 REPAIRS AND MAINTENANCE 186453 181330 5123 BANK CHARGES 164479 164479 BANQUET EXPENSES 75635 75635 56035 22359 26833 6843 2279596 1648227 608456 22913 1366490 1304822 3661 79910 87246 46478 28605 7112505 5081278 2035933 2031227 63790 45000 3592601 3500561 767202 834243 164339 68917 7328 1435 938869 904595 X 2474727 2421267 179005 174699 2653732 2595966 3592601 3500561 -57766 0 X 0 1 X 1 0 X 201723 213263 246982 199690 335969 1197627 1610108 4096445 4713133 4724571 5001541 20145798 1811831 4309708 4960115 4924261 5337510 21343425 0 0 0 21343425 1934 2802 10106 33754 35448 84044 1934 2802 10106 33754 35448 84044 1813765 4312510 4970221 4958015 5372958 21427469 0.99610 0.99690 0.00390 0.00310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 5.00 1 0 0 1 0 0.00 0 0 X X 0 183386 183386 646922 582379 64543 1907866 1867932 39934 4374331 2630967 1743364 2031227 X 2221830 0 2221830 0 2221830 2279596 0 2279596 0 2279596 PART II, LINE 9: THE CONSERVATION EASEMENT IS INCLUDED IN LAND ON THE BALANCE SHEET. PART III, LINE 1A: THE INN HAS ELECTED NOT TO CAPITALIZE CONTRIBUTED HISTORIC AND ARTISTIC MATERIAL SINCE THEY ARE HELD FOR EDUCATION AND CULTURAL PURPOSES IN ACCORDANCE WITH THE INN'S EXEMPT PURPOSE. PURCHASES OF ANTIQUE FURNISHINGS ARE RECORDED AT COST BUT ARE NOT DEPRECIATED. PART III, LINE 4: THE INN'S COLLECTIONS CONSIST OF HISTORIC AND/OR ARTISTIC MATERIAL AND ANTIQUE FURNITURE FROM THE EARLY COLONIAL PERIOD AND ARE DISPLAYED FOR CULTURAL PURPOSES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBES THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE TAX-EXEMPT STATUS OF AN ENTITY AT THE FEDERAL AND STATE LEVEL IS CONSIDERED A TAX POSITION. AN ADDITIONAL LIABILITY FOR UNCERTAIN TAX POSITIONS (UTPS) IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THE THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UTPS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE FOUNDATION BELIEVES IT HAS NOT TAKEN ANY TAX POSITIONS, INCLUDING ANY TAX POSITIONS THAT WOULD JEOPARDIZE THE TAX EXEMPT STATUS, WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, ON ITS FINANCIAL STATEMENTS AND THUS HAS NOT RECORDED A LIABILITY AT FEBRUARY 28, 2025 OR 2024. THE FOUNDATION FILES TAX RETURNS IN FEDERAL AND STATE JURISDICTIONS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS FROM THE RETURNS' FILING DATE. CURRENTLY, THERE ARE NO INCOME TAX AUDITS IN PROCESS. DEFERRED INCOME TAX ASSETS AND LIABILITIES ARE RECORDED FOR DIFFERENCES BETWEEN THE FINANCIAL STATEMENT AND TAX BASIS OF ASSETS AND LIABILITIES THAT WILL RESULT IN TAXABLE OR DEDUCTIBLE AMOUNTS IN THE FUTURE BASED ON ENACTED TAX LAWS AND RATES APPLICABLE TO THE PERIODS IN WHICH THE DIFFERENCES ARE EXPECTED TO AFFECT TAXABLE INCOME. FOR THE FOUNDATION, THESE DIFFERENCES RELATE PRINCIPALLY TO THE EXPECTED BENEFITS OF THE NET OPERATING LOSSES. VALUATION ALLOWANCES ARE ESTABLISHED WHEN NECESSARY TO REDUCE DEFERRED INCOME TAX ASSETS TO THE AMOUNT EXPECTED TO BE REALIZED. X X X X X 0 MA JERUSHA'S BALL 17720 17720 10662 CIDER FEST 8732 8732 637 26452 26452 11299 11299 15153 X X X 0 0 0 0 0 0 0 0 0 STEVE PICKFORD INNKEEPER 154000 0 0 0 0 0 0 0 0 0 154000 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS 13 MEMBERS WHO WORK TOGETHER TO MAKE KEY DECISIONS FOR THE BENEFIT OF THE WAYSIDE INN. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF TRUSTEES IN DRAFT FORM PRIOR TO FILING. THE BOARD PRESIDENT, BOARD TREASURER, AND THE INN KEEPER REVIEWED THE FORM IN DETAIL. A FINAL VERSION OF THE FORM, INCORPORATING THE BOARD'S COMMENTS, IS SIGNED BY THE TREASURER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE WAYSIDE INN BOARD OF TRUSTEES REVIEWS AT MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE TOP MANAGEMENT OFFICIAL'S SALARY WAS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD RELIED ON COMPARATIVE COMPENSATION INFORMATION FROM SIMILAR ORGANIZATIONS IN MAKING ITS DECISIONS ON COMPENSATION LEVELS. THE DECISION WAS DOCUMENTED IN A CONTEMPORANEOUS MANNER. THE TOP MANAGEMENT OFFICIAL RECUSED HIMSELF FROM THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL, DIVISION OF PUBLIC CHARITIES, AND MAY BE VIEWED OR DOWNLOADED. IT IS AN ATTACHMENT TO THE MASSACHUSETTS FORM PC FILED ANNUALLY. ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.