2025-05-15T11:18:30-05:00 2024-06-30 043191789 MP PC ONE MONARCH PLACE SPRINGFIELD MA 01144 990 2023-07-01 043016860 ACADEMY HILL SCHOOL INC ACAD 4137880300 1190 LIBERTY STREET SPRINGFIELD MA 01104 CHRISTOPHER ZALUGA DIRECTOR OF FINANCE 4137880300 2025-05-15 1 0 PATRICK LEARY P00638212 4137391800 2023 2025-03-06 01:10:19Z CHRISTOPHER ZALUGA 1190 LIBERTY STREET SPRINGFIELD MA 01104 1683326 0 X WWW.ACADEMYHILL.ORG X 1988 MA ACADEMY HILL SCHOOL PROVIDES AN INTELLECTUAL, NURTURING, AND ENRICHING FOUNDATION FOR HIGH-POTENTIAL AND ENGAGED STUDENTS TO BECOME THE NEXT VISIONARIES, INNOVATORS, AND LEADERS. 10 10 22 0 0 0 99840 149628 1467828 1516048 6963 17650 0 0 1574631 1683326 244806 237350 0 0 1044181 1115217 0 0 31314 340639 282501 1629626 1635068 -54995 48258 1087330 1042454 813150 720016 274180 322438 ACADEMY HILL SCHOOL PROVIDES AN INTELLECTUAL, NURTURING, AND ENRICHING FOUNDATION FOR HIGH-POTENTIAL AND ENGAGED STUDENTS TO BECOME THE NEXT VISIONARIES, INNOVATORS, AND LEADERS. 0 0 1248682 237350 1516048 ACADEMY HILL SCHOOL PROVIDES AN INTELLECTUAL, NURTURING, AND ENRICHING FOUNDATION FOR HIGH-POTENTIAL AND ENGAGED STUDENTS TO BECOME THE NEXT VISIONARIES, INNOVATORS, AND LEADERS BY: IDENTIFYING AND CULTIVATING TALENTS THROUGH CHALLENGING AND DIFFERENTIATED PROGRAMS; BUILDINGCHARACTER, CITIZENSHIP, AND CONFIDENCE IN STUDENTS; ENCOURAGING ANDENABLING CREATIVE AND CRITICAL THOUGHT AND ACTIONS; AND COLLABORATINGWITH FAMILIES TO PROVIDE STUDENTS WITH THE SKILLS TO SUCCEED IN THEFUTURE IN A WELCOMING ENVIRONMENT. 1248682 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CHRISTOPHER ZALUGA 4137880300 1190 LIBERTY SREET SPRINGFIELD MA 01104 DAVID KAYIATOS PRESIDENT 1.00 X X 0 0 0 TOM CERASULO VICE PRESIDENT 1.00 X X 0 0 0 DAVID BALISE TRUSTEE 1.00 X 0 0 0 ROBERT BOYD TRUSTEE 1.00 X 0 0 0 BROOKE DEPELTEAU TRUSTEE 1.00 X 0 0 0 NICK HOPKINS SECRETARY 1.00 X X 0 0 0 PRIYA SHARMA-MALIK TRUSTEE 1.00 X 0 0 0 LAURA CARDILLO TREASURER 1.00 X X 0 0 0 JANA BERTERA TRUSTEE 1.00 X 0 0 0 JAZZY MERCURE TRUSTEE 1.00 X 0 0 0 ZACHARY VERRIDEN HEAD OF SCHOOL 40.00 X 123116 0 14240 123116 0 14240 1 0 0 0 0 149628 149628 TUITION 900099 1477279 1477279 SCHOOL FEES/PROGRAMS 611710 38769 38769 1516048 17650 17650 1683326 1516048 0 17650 237350 237350 902047 646998 255049 38620 27700 10920 109296 78393 30903 65254 46804 18450 1059 1059 17320 17320 967 967 21533 5200 15916 417 34354 33113 931 310 16944 16944 44295 44295 14041 14041 REPAIRS AND MAINTENANCE 69585 65909 3676 DEVELOPMENT 30587 30587 EDUCATIONAL SUPPLIES 20331 20331 FIELD TRIPS 3133 3133 8352 7504 848 1635068 1248682 355072 31314 252099 221744 41097 49385 307 617 1403114 825423 618048 577691 175779 193017 1087330 1042454 128924 121875 308419 244916 375807 353225 813150 720016 X 95501 126521 178679 195917 274180 322438 1087330 1042454 48258 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 175779 17238 193017 163008 12771 175779 181372 13146 31510 163008 154466 26906 181372 147486 6980 154466 0.28000 0.72000 0 0 115296 115296 1072615 637037 435578 215203 188386 26817 577691 X 1445976 -237350 -237350 1683326 0 1683326 1397718 0 1397718 237350 237350 1635068 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO PRODUCE INCOME TO BE USED AT THE BOARD'S DISCRECTION. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE SCHOOL'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN ANY UNCERTAIN TAX POSITIONS THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. GENERALLY THE SCHOOL'S TAX RETURNS FOR THE LAST THREE FISCAL YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION DISCOUNTS PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: THE FOLLOWING STATEMENT IS ON THE HOMEPAGE OF THE SCHOOL'S WEB PAGE: ACADEMY HILL SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, SEXUAL ORIENTATION AND NATIONAL OR ETHNIC ORIGIN. ACADEMY HILL SCHOOL DOES NOT DISCRIMINATE IN THE SELECTION OF ITS GOVERNING BOARD, IN THE EMPLOYMENT OF PERSONNEL, IN THE ADMISSION OF STUDENTS, IN THE ADMINISTRATION OF THE SCHOOL'S PROGRAMMING, OR USE OF THE SCHOOL'S FACILITIES BECAUSE OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, SEX, VETERAN STATUS, GENDER IDENTIFICATION, AGE, SEXUAL ORIENTATION, OR QUALIFIED HANDICAPPED STATUS IN VIOLATION OF EXISTING STATE OR FEDERAL LAW OR REGULATIONS. FOR OUR FULL POLICY, CONTACT THE SCHOOL BY PHONE AT 413-788-0300 OR BY MAIL AT 1190 LIBERTY STREET, SPRINGFIELD, 01104. 0 AID PROVIDED TO STUDENTS BASED ON FINANCIAL NEED 32 237350 FMV TUITION REDUCTION FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WITH THE ANNUAL AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD TRUSTEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST, INCLUDING RELATED PARTY TRANSACTIONS, AND TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. THE HEAD OF SCHOOL MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ON-GOING BASIS THOUGHOUT THE YEAR. THE ORGANIZATION DISCLOSES ANY RELATED PARTY TRANSACTIONS IN THE ANNUAL FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES THE HEAD OF SCHOOL'S SALARY DURING THE ANNUAL BUDGETING PROCESS. THERE ARE NO OTHER COMPENSATED OFFICERS AND NO KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE INTERESTED PARTY. LINE 2C THE PROCESS DID NOT CHANGE FROM PRIOR YEAR.