2026-02-17T12:28:30-06:00 2025-06-30 833019782 STONE & COMPANY LLC 57 BEDFORD ST STE 225 LEXINGTON MA 02420 990 2024-07-01 042768241 ATRIUM SCHOOL INC ATRI 6179234156 69 GROVE STREET WATERTOWN MA 02472 CHRIS KELLIHER TREASURER 6179234156 2026-02-17 1 0 DIANE WEST CPA P01061849 7818636300 2026-02-17 2024 2025-03-06 01:10:19Z CHRIS KELLIHER 69 GROVE STREET WATERTOWN MA 02472 4823311 0 X WWW.ATRIUM.ORG X 1982 MA TO PROVIDE A MEANINGFUL PROGRESSIVE EDUCATION WHICH ENCOURAGES ACADEMIC CURIOSITY, CREATIVITY AND EXPLORATION WHILE FOSTERING EACH STUDENTS'S INTELLECTUAL GROWTH. CURRENTLY SERVING CHILDREN IN GRADES PRE-KINDERGARTEN THROUGH EIGHTH GRADE. 18 18 48 4 0 0 607745 492675 4316471 4148780 101153 121611 18745 -5089 5044114 4757977 762900 864969 0 0 3044865 3011796 0 0 194821 1204388 1083311 5012153 4960076 31961 -202099 8559661 8516276 4706968 4737726 3852693 3778550 TO PROVIDE A MEANINGFUL PROGRESSIVE EDUCATION WHICH ENCOURAGES ACADEMIC CURIOSITY, CREATIVITY AND EXPLORATION WHILE FOSTERING EACH STUDENTS'S INTELLECTUAL GROWTH. CURRENTLY SERVING CHILDREN IN GRADES PRE-KINDERGARTEN THROUGH EIGHTH GRADE. 0 0 3772369 864969 4149580 INSTRUCTION AND EDUCATION: PROVIDING FORMAL EDUCATION TO 110 STUDENTS FROM PRE-KINDERGARTEN TO GRADE EIGHT IN A CO-EDUCATIONAL SETTING. 3772369 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 48 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X X TONYA MAY 6179234156 69 GROVE STREET WATERTOWN MA 02472 MARSHALL CARTER HEAD OF SCHOOL 40.00 X X 210547 0 6403 ALYSE D'AMICO TRUSTEE 1.00 X 0 0 0 MEGAN POPP BOARD CHAIR 2.00 X X 0 0 0 CHRIS KELLIHER TREASURER 2.00 X X 0 0 0 MARGOT PHELPS CLERK 2.00 X X 0 0 0 ANDY BERKHEIMER VICE CHAIR 1.00 X 0 0 0 CLAIRE BIGLEY TRUSTEE 1.00 X 0 0 0 LAURA PAGE TRUSTEE/TEACHER 40.00 X 82636 0 7361 EDSON ELIE TRUSTEE 1.00 X 0 0 0 ERIN GRAVES TRUSTEE 1.00 X 0 0 0 MICHELE CARPENTER-STREETMAN TRUSTEE 1.00 X 0 0 0 THOMAS DAVILA-WITKOWSKI TRUSTEE 1.00 X 0 0 0 JENNIFER WON TRUSTEE 1.00 X 0 0 0 MELISSA BURNS TRUSTEE/TEACHER 40.00 X 47327 0 19630 JENNIFER CHEN TRUSTEE 1.00 X 0 0 0 JANET CHOU TRUSTEE 1.00 X 0 0 0 GEORGE HILL TRSUTEE 1.00 X 0 0 0 NATALIE ZERVAS TRUSTEE 1.00 X 0 0 0 MASON SAND DIRECTOR OF ENROLLMENT MANAGAEMENT 40.00 X 102098 0 2747 TONYA MAY DIRECTOR OF FINANCE AND OPERATIONS 40.00 X 140657 0 3518 JENEE UTTARO ASSISTANT HEAD OF SCHOOL FOR PROGRAM & EQUITY 40.00 X 122918 0 704 706183 0 40363 4 0 1 0 0 492675 12747 492675 TUITION AND FEES 611710 3989980 3989980 ENRICHMENT PROGRAMS 611710 143164 143164 OTHER REVENUE 611710 15636 15636 4148780 121611 121611 60245 65334 -5089 -5089 4757977 4148780 0 116522 864969 864969 483671 187646 176726 119299 2102187 1620050 482137 425938 324778 78329 22831 2758 2758 4350 4350 39750 39750 79351 79351 53387 14892 38085 410 178383 161075 16657 651 112031 100828 11203 132364 120252 12112 43402 39062 4340 FACULTY SUPPORT 193435 158034 35401 SPECIAL EVENTS 168392 168392 DEVELOPMENT 51630 51630 TELEPHONE 9985 7988 1997 14093 4403 9690 4960076 3772369 992886 194821 2078920 2282208 363985 134485 12858 12797 31881 33181 5636980 1155867 4368451 4481113 1671285 1555263 32281 17229 8559661 8516276 271498 364387 1166717 1234413 3235494 3121031 33259 17895 4706968 4737726 X 2708092 2655454 1144601 1123096 3852693 3778550 8559661 8516276 -202099 127957 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1027841 105620 145999 0 1279460 722607 153196 152832 794 1027841 110564 560000 52043 722607 106498 20000 -15934 110564 83939 22559 106498 0.68000 0.32000 0 0 1450000 1450000 3298712 803532 2495180 318210 120544 197666 49123 43103 6020 520935 188688 332247 4481113 CAPITAL LEASE OBLIGATION 17895 17895 4086298 127956 -799635 -671679 4757977 0 4757977 4160441 0 4160441 799635 799635 4960076 PART V, LINE 4: PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED AS AN EXPENSE ON FORM 990. DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID TREATED AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE PART V, LINE 4: AT JUNE 30, 2025, THE SCHOOL'S ENDOWMENT ASSETS TOTALED $555,807. OF THIS, $30,000 IS DONOR RESTRICTED TO BE MAINTAINED IN PERPETUITY WITH INVESTMENT EARNINGS (INTEREST & DIVIDEND INCOME AND UNREALIZED GAINS/LOSSES) ON THOSE ASSETS TOTALING $91,904 AT JUNE 30, 2025 WHICH MAY BE APPROPRIATED FOR THE ENRICHMENT AND/OR DEVELOPMENT OF THE SCHOOL'S MATHEMATICS PROGRAM. ANOTHER $338,816 IS DONOR RESTRICTED TO BE MAINTAINED IN PERPETUITY IN CONJUNCTION WITH THE BOARD-DESIGNATED ENDOWMENT WHICH WAS ESTABLISHED TO PROVIDE INVESTMENT RETURNS FOR USE IN GENERAL OPERATING SUPPORT, PROGRAM SUPPORT FOR CURRICULUM ENRICHMENT AND PROFESSIONAL DEVELOPMENT, TO PROVIDE FLEXIBILITY TO RESPOND TO FUTURE OPPORTUNITIES IN THE AREAS OF PROGRAM EXPANSION OR CAPITAL PURCHASES, AND TO PROVIDE EMERGENCY RESERVE FUNDS. THE DISTRIBUTION RULE AS SET BY THE BOARD OF TRUSTEES IS 3% OF A 5 YEAR ROLLING AVERAGE ASSET VALUE, AND IS CONTINGENT UPON REACHING A MINIMUM TOTAL CORPUS OF $2,000,000. INVESTMENT EARNINGS (INTEREST & DIVIDEND INCOME AND UNREALIZED GAINS/LOSSES) ON THOSE DONOR-RESTRICTED ASSETS TOTALING $95,087 AT JUNE 30, 2025. 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 ATRIUM SCHOOL PUBLISHES ITS COMMITMENT TO MAINTAINING AND RECRUITING STUDENTS AND STAFF DIVERSITY THROUGH SEVERAL PERIODICALS AND BOOKLETS CREATED BY THE SCHOOL FOR CURRENT AND POTENTIAL STUDENTS AND PARENTS. FAMILY ASSOCIATION 59445 59445 65334 MIDDLE SCHOOL FUNDRASING 800 800 60245 60245 65334 65334 -5089 0 FINANCIAL AID 39 864969 FAIR MARKET VALUE FINANCIAL AID ALLOCATED TO RECIPIENTS IS TREATED AS A REDUCTION OF GROSS TUITION DUE FOR STUDENT. PART I, LINE 2 THE SCHOOL AWARDS FINANCIAL AID BASED UPON FINANCIAL NEED. THE SCHOOL MAINTAINS FILES ON EACH SUCCESSFUL CANDIDATE FOR NEED-BASED FINANCIAL AID. X X X X 0 0 0 0 0 0 0 0 0 MARSHALL CARTER HEAD OF SCHOOL 210547 0 0 0 0 0 0 0 6403 0 216950 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2016-03-01 4320000 BUILDING PURCHASE 0 0 0 A 1198969 4320000 146335 4320000 2016 0 0 1 1 A 0 0 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART VI THE ATRIUM SCHOOL'S MORTGAGE FOR THE FACILITY PURCHASE IN 2016 WAS FINANCED THROUGH A $4,320,000 BOND ISSUED BY MASS DEVELOPMENT FINANCE AGENCY. THE DIRECTOR OF FINANCE AND OPERATIONS SERVES AS THE SCHOOL'S DESIGNATED COMPLIANCE OFFICER AND IS RESPONSIBLE FOR MANAGING THE SCHOOL'S POST-ISSUANCE BOND COMPLIANCE PROGRAM, WHICH IS REVIEWED ANNUALLY. FURTHER, THE HEAD OF SCHOOL AND ASSETS COMMITTEE PROVIDE ADDITIONAL OVERSIGHT AND MONITOR TO HELP ENSURE THE SCHOOL'S ONGOING COMPLIANCE AND SEEK ADVICE OF BOND COUNSEL ON ANY MATTERS THAT APPEAR TO RAISE TAX LAW OR BOND COMPLIANCE CONCERNS. THE BOND AGREEMENT OF MARCH 2016 INCLUDES A COVENANT OF NONARBITRAGE AND TAX COMPLIANCE WHICH STATES THAT BY MARCH 1, 2021 (FIVE YEARS FROM ISSUANCE) AND AT LEAST ONCE EVERY FIVE YEARS THEREAFTER DURING THE TERM OF THE AGREEMENT THAT ATRIUM WILL CONSULT WITH A NATIONALLY RECOGNIZED BOND COUNSEL OR ACCOUNTING FIRM TO VERIFY COMPLIANCE WITH THE COVENANTS. IN FEBRUARY 2021 BOND COUNSEL DAVIS MALM, IN CONSULTATION WITH ACCOUNTING FIRM DICICCO, GULMAN & COMPANY RESEARCHED AND VERIFIED ATRIUM'S COMPLIANCE WITH ALL RELEVANT COVENANTS. THE PROCESS WILL NEXT NEED TO BE REPEATED BY MARCH 1, 2026. 91305 FINANCIAL AID FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES WHO HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS A COPY OF THE FORM 990 PREPARED BY THE SCHOOL'S INDEPENDENT ACCOUNTANTS. ANY RESULTING COMMENTS ARE INCORPORATED INTO THE FORM 990 BY THE INDEPENDENT ACCOUNTANTS AND A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH INTERESTED PERSON MUST SIGN AN ANNUAL STATEMENT WHICH ACKNOWLEDGES THAT: THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; THEY UNDERSTAND IT; AND THEY WILL COMPLY WITH THE POLICY. ADDITIONALLY THEY MUST STATE WHETHER OR NOT THEY HAVE A POTENTIAL CONFLICT OF INTEREST, AND LIST ANY SUCH POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST THAT ARISE AFTER THE ANNUAL STATEMENT HAS BEEN SUBMITTED WILL BE DISCLOSED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES DETERMINES THE SALARY OF THE HEAD OF SCHOOL. A SUB-COMMITTEE OF THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES COMPILES COMPARATIVE DATA OF OTHER SCHOOLS DIRECTOR'S SALARIES TO SUPPORT THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON CERTAIN PUBLIC AND REGULATORY AGENCY WEBSITES AND UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND ITS CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.