2025-10-30T10:11:23-05:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 042103869 THE BEAVER COUNTRY DAY SCHOOL INC BEAV 6177382700 791 HAMMOND STREET CHESTNUT HILL MA 024672317 JOANNE MCDANIEL CHIEF FINANCIAL & OPERATING OFFICER 6177382700 2025-10-29 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-10-29 2024 2025-03-06 01:10:19Z JOANNE MCDANIEL 791 HAMMOND STREET CHESTNUT HILL MA 024672317 68830468 0 X WWW.BCDSCHOOL.ORG X 1920 MA BEAVER COUNTRY DAY SCHOOL (BCDS) IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL SERVING ALMOST 500 STUDENTS IN GRADES 6-12. THE SCHOOL'S CURRICULUM STRESSES REAL-WORLD PROBLEM SOLVING, COLLABORATION, FLEXIBILITY, AND CREATIVITY. ATHLETICS AND THE ARTS, BOTH VISUAL AND PERFORMING, ARE ALSO KEY PARTS OF THE SCHOOL'S PROGRAM. 20 19 558 29 0 0 4437311 2546657 36471783 37854679 880846 6902869 464742 245473 42254682 47549678 7598381 7531327 0 0 21843355 23152763 0 46155 782319 13001856 12865544 42443592 43595789 -188910 3953889 89674896 89828953 41564153 40262515 48110743 49566438 X BEAVER COUNTRY DAY SCHOOL (BCDS) IS AN INDEPENDENT COEDUCATIONAL DAY SCHOOL SERVING ALMOST 500 STUDENTS IN GRADES 6-12. THE SCHOOL'S CURRICULUM STRESSES REAL-WORLD PROBLEM SOLVING, COLLABORATION, FLEXIBILITY, AND CREATIVITY. ATHLETICS AND THE ARTS, BOTH VISUAL AND PERFORMING, ARE ALSO KEY PARTS OF THE SCHOOL'S PROGRAM. 0 0 29669473 7033682 32036588 INSTRUCTION PROGRAM - PROVIDES AN ACADEMICALLY CHALLENGING CURRICULUM TO ALMOST 500 STUDENTS IN GRADES 6-12. STUDENTS COME FROM NUMEROUS COMMUNITIES IN EASTERN MASS., AND FROM A WIDE RANGE OF SOCIAL AND ECONOMIC BACKGROUNDS. 4397391 497645 6063564 SUMMER PROGRAM - PROVIDES EDUCATIONAL AND ATHLETIC INSTRUCTION DURING THE SUMMER TO OVER 1000 CHILDREN, RANGING IN AGE FROM 3 TO 14. 34066864 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 74 0 1 558 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JOANNE MCDANIEL 6177382722 791 HAMMOND STREET CHESTNUT HILL MA 02467 KIM SAMSON HEAD OF SCHOOL 45.00 X X 512875 0 55812 RACHEL VETO FACULTY REP 45.00 X 112497 0 18536 KATE O'DOWD FACULTY REP 45.00 X 88484 0 33141 HEETEN KALAN PRESIDENT 1.00 X X 0 0 0 SCOTT YAPHE TREASURER 1.00 X X 0 0 0 JODI WALKER CLERK 1.00 X X 0 0 0 RAYMONDE GUERRIER-ALCINDOR DIRECTOR 1.00 X 0 0 0 MAXWELL CAMPION DIRECTOR 1.00 X 0 0 0 WENDY FISCHMAN DIRECTOR 1.00 X 0 0 0 HEIDI JOHNSON DIRECTOR 1.00 X 0 0 0 KRISTIN LORANGER DIRECTOR 1.00 X 0 0 0 JULIE MARCUS DIRECTOR 1.00 X 0 0 0 JESSICA MCLEAR DIRECTOR 1.00 X 0 0 0 CONOR SAVOY DIRECTOR 1.00 X 0 0 0 JOANNA TRAVIS DIRECTOR 1.00 X 0 0 0 ANDRE VEGA DIRECTOR 1.00 X 0 0 0 HEATHER COUGHLIN DIRECTOR 1.00 X 0 0 0 TAMARRA JAMES-TODD DIRECTOR 1.00 X 0 0 0 MICHELLE SANCHEZ DIRECTOR 1.00 X 0 0 0 LORI SIDMAN PARENT REP 1.00 X 0 0 0 KRISTINA WESTERLING PARENT REP 1.00 X 0 0 0 NEAL MAHIDHAR STUDENT REP 1.00 X 0 0 0 ALKA BATYCKY DIRECTOR 1.00 X 0 0 0 STEPHEN MORTIMER DIRECTOR 1.00 X 0 0 0 ERIC SVENSON DIRECTOR 1.00 X 0 0 0 MATT BOTEIN DIRECTOR UNTIL (10/2024) 1.00 X 0 0 0 JOANNE MCDANIEL CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 334044 0 56418 ERICA DEROSA DIRECTOR OF P&E 40.00 X 303977 0 24769 LISA SZATMARY CHIEF MARKETING OFFICER 40.00 X 230849 0 47924 KADER ADJOUT DIR. OF TEACHING, LEARNING AND INNOVATION 40.00 X 207595 0 44849 SHANDOR SIMON CHIEF INFORMATION OFFICER 40.00 X 198886 0 43359 TIFFANY SMITH MIDDLE SCHOOL DIRECTOR 40.00 X 215825 0 37054 2205032 0 361862 74 0 1 0 0 2546657 220156 2546657 TUITION & FEES 611710 31791115 31791115 SUMMER PROGRAM FEES 611710 6063564 6063564 37854679 882194 882194 27301465 21280790 6020675 6020675 6020675 MISCELLANEOUS REVENUE 900099 245473 245473 245473 47549678 38100152 0 6902869 7531327 7531327 999716 146342 560690 292684 17832093 13336212 3970405 525476 948464 720405 203777 24282 2186697 1524778 566462 95457 1185793 853207 282538 50048 178464 178464 60000 60000 46155 46155 816456 311593 474628 30235 124108 40530 83578 999904 666843 297483 35578 85407 85407 755446 755446 1305706 1261969 42723 1014 775701 775701 3273113 3273113 179236 179236 FOOD SERVICE 1584360 1575876 8484 MISCELLANEOUS 1069083 694713 307760 66610 REPAIRS AND MAINTENANCE 1068853 27994 1040859 OFF CAMPUS PROGRAMS 310997 310997 278710 5064078 -4391664 -393704 43595789 34066864 8746606 782319 2290130 1207894 9049304 9809945 2025645 1691189 89642 74348 954379 1057497 88735690 39109424 50346469 49626266 23675017 25354814 1244310 1007000 89674896 89828953 1120748 1120676 15618451 15247684 23324954 22394155 1500000 1500000 41564153 40262515 X 32077718 32250580 16033025 17315858 48110743 49566438 89674896 89828953 X 3953889 -2628298 130104 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24906175 186587 3201454 2802479 25491737 22090528 294821 3312024 791198 24906175 20415404 589874 1780170 694920 22090528 23427423 951585 -3312209 651395 20415404 16647303 2534552 4838450 592882 23427423 0.38720 0.35470 0.25810 0 0 181047 181047 74476856 30547014 43929842 7308245 3410959 3897286 6338943 4939931 1399012 430599 211520 219079 49626266 EQUITY MUTUAL FUNDS 21975639 F FIXED INCOME MUTUAL FUNDS 2139175 F PUBLICLY TRADED EQUITY SECURITY 1240000 F 25354814 X 37520157 -2628298 -7401223 -10029521 47549678 0 47549678 36064462 0 36064462 7531327 7531327 43595789 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025. THE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CARRYING VALUE 132,604. FINANCIAL AID -7,531,327. WRITE-OFF FOR UNCOLLECTIBLE PLEDGES -2,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,531,327. PART V, LINE 4 EARNINGS FROM PERMANENTLY RESTRICTED ASSETS MAY BE USED FOR OPERATIONS, BUT THE PRINCIPAL MAY NOT BE SPENT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 EVERY DECEMBER THE ORGANIZATION PUBLISHES A JOINT ADVERTISEMENT WITH THE ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND. X X X 1 JENNIFER RAMIREZ 1843 S LEYDEN ST DENVER CO 80224 PROSPECT RESEARCH 0 0 14068 -14068 DEVELOPMENT GUILD ONE BOSTON PLACE SUITE 2600 BOSTON MA 02108 CAMPAIGN CONSULTANT 0 0 32087 -32087 46155 -46155 MA 1 TUITION FINANCIAL AID 129 7033682 SUMMER PROGRAM FINANCIAL AID 11 497645 PART I, LINE 2: FINANCIAL AID IS AWARDED TO STUDENTS OBJECTIVELY, BASED ON FINANCIAL NEED. TO BE CONSIDERED FOR A FINANCIAL AID GRANT FOR THEIR CHILDREN, PARENTS MUST FURNISH : 1) A COPY OF THEIR MOST RECENT FEDERAL TAX RETURN; AND 2) A COMPLETED "PARENTS FINANCIAL STATEMENT" (PFS) PROVIDED BY THE SCHOOL AND STUDENT SERVICE (SSS) AFFILIATE OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. SSS ANALYZES THE PFS AND MAKES A RECOMMENDATION REGARDING FINANCIAL NEED TO THE SCHOOL FOR ITS CONSIDERATION. THE SCHOOL MAKES THE FINAL DETERMINATION OF FINANCIAL AID BASED ON THE SSS RECOMMENDATION, SOMETIMES ADJUSTED TO REFLECT UNUSUAL CIRCUMSTANCES OR SUPPLEMENTAL INFORMATION PROVIDED BY THE FAMILY. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 KIM SAMSON HEAD OF SCHOOL 464875 0 0 0 48000 0 36369 0 19443 0 568687 0 0 0 JOANNE MCDANIEL CHIEF FINANCIAL & OPERATING OFFICER 334044 0 0 0 0 0 27655 0 28763 0 390462 0 0 0 ERICA DEROSA DIRECTOR OF P&E 303977 0 0 0 0 0 24275 0 494 0 328746 0 0 0 LISA SZATMARY CHIEF MARKETING OFFICER 230849 0 0 0 0 0 19161 0 28763 0 278773 0 0 0 TIFFANY SMITH MIDDLE SCHOOL DIRECTOR 215825 0 0 0 0 0 17611 0 19443 0 252879 0 0 0 KADER ADJOUT DIR. OF TEACHING, LEARNING AND INNOV 207595 0 0 0 0 0 17664 0 27185 0 252444 0 0 0 SHANDOR SIMON CHIEF INFORMATION OFFICER 198886 0 0 0 0 0 14596 0 28763 0 242245 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN A SCHOOL-OWNED RESIDENCE AS PART OF HER CONTRACT. A PORTION ($48,000) OF THE FIGURE SHOWN IN PART II (D) INCLUDES THE VALUE OF THIS HOUSING BASED ON COMPARABLE LOCAL RENTALS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2013-02-01 15282915 REFINANCE DEBT 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2016-05-10 13000000 CONSTRUCTION 0 0 0 C MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2019-07-01 7000000 CONSTRUCTION 0 0 0 A 4313377 15282915 15282915 2013 1 0 1 1 B 7843804 13000000 13000000 2016 0 0 1 1 C 560964 7000000 7000000 2021 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 0 B 0 C 0 X 7 220156 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS ON MAY 20, 2025. THE FOLLOWING AMENDMENT WAS MADE: THE NUMBER OF TRUSTEES SHALL BE DIVIDED INTO THREE CLASSES, AS NEARLY EQUAL AS POSSIBLE, AND EACH CLASS SHALL BE ELECTED TO STAGGERED THREE YEAR TERMS SO THAT AT EACH ANNUAL MEETING APPROXIMATELY ONE-THIRD OF THE TRUSTEES SHALL BE ELECTED. EACH TRUSTEE SHALL HOLD OFFICE FOR A TERM AND UNTIL A SUCCESSOR IS ELECTED AND QUALIFIED, UNLESS HE OR SHE SOONER DIES, RESIGNS, IS REMOVED OR BECOMES DISQUALIFIED. NO TRUSTEE MAY SERVE MORE THAN TWO CONSECUTIVE THREE-YEAR TERMS AFTER WHICH AT LEAST ONE YEAR MUST PASS BEFORE HE OR SHE MAY BE RE-ELECTED TO THE BOARD. IF A TRUSTEE WHO IS COMPLETING A SIXTH CONSECUTIVE YEAR AS TRUSTEE IS THEN (1) THE INCUMBENT PRESIDENT, (2) THE PRESIDENT-DESIGNATE, (3) THE TREASURER, (4) THE CLERK, OR (5) IS A TRUSTEE WHO SERVES ON A PARTICULAR COMMITTEE, OR HAS PARTICULAR SKILL OR KNOWLEDGE, THAT WARRANTS THEIR RETENTION BEYOND THE TERM LIMITS, THE GOVERNANCE COMMITTEE, AND THEN THE FULL BOARD SUBSEQUENTLY, MAY RECOMMEND TO THE CORPORATION THAT SUCH TERM LIMITATION BE WAIVED IN ORDER TO PERMIT SUCH TRUSTEE TO SERVE UP TO A MAXIMUM OF THREE ADDITIONAL CONSECUTIVE YEARS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES; THE MEMBERS THEN HAVE A WEEK TO SUGGEST ANY CHANGES. ANY MEMBERS OF THE BOARD MAY REQUEST A COPY OF THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AT THE START OF THE SCHOOL YEAR, ALL BOARD MEMBERS RECEIVE A COPY OF THE POLICY AND A DISCLOSURE STATEMENT THAT MUST BE FILLED IN AND RETURNED TO THE HEAD'S ASSISTANT, ACTING ON BEHALF OF THE BOARD CLERK. THE HEAD'S ASSISTANT MONITORS RETURNS AND ASSURES THAT ALL TRUSTEES DO SUBMIT THE DISCLOSURE STATEMENTS. ANY CONFLICTS DISCLOSED WOULD BE REVIEWED BY THE EXECUTIVE COMMITTEE, PER THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD'S COMPENSATION: EACH YEAR THE SCHOOL'S CHIEF FINANCIAL & OPERATING OFFICER ASSEMBLES MARKET DATA FROM TWO PRINCIPAL SOURCES: STATISTICS COMPILED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, AND IRS FORM 990'S AVAILABLE FROM THE GUIDESTAR WEB SITE. EMPHASIS IS ON BENCHMARKING VERSUS A DEFINED GROUP OF 9 PEER SCHOOLS, BUT THE BROADER NEW ENGLAND MARKET IS ALSO CONSIDERED. THIS DATA IS CONDENSED, ANALYZED AND CONVEYED TO THE PRESIDENT OF THE BOARD OF TRUSTEES, WHO SHARES IT WITH THE BOARD'S EXECUTIVE COMMITTEE. THAT COMMITTEE, CONSIDERING ALSO WRITTEN PERFORMANCE EVALUATIONS, SETS THE HEAD'S COMPENSATION. FOR POSITIONS OTHER THAN THE HEAD, THE CHIEF FINANCIAL & OPERATING OFFICER ASSEMBLES OBJECTIVE MARKET DATA FROM THE NAIS AND CONVEYS THAT TO THE HEAD, WHO SETS SALARIES BASED ON THAT DATA, EMPLOYEE PERFORMANCE, AND BUDGETED FUNDS AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CARRYING VALUE 132,604. WRITE-OFF FOR UNCOLLECTIBLE PLEDGES -2,500. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.