2026-05-14T15:13:36-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2024-07-01 042103632 TABOR ACADEMY TABO 5087482000 66 SPRING STREET MARION MA 02738 JAMES BONSEY CFO/COO 5087482000 2026-05-14 1 0 JODY K BOOTH P00963825 7812459999 2026-05-14 2024 2025-03-06 01:10:19Z ANTHONY JACCACI 66 SPRING STREET MARION MA 02738 66405583 0 X WWW.TABORACADEMY.ORG X 1876 MA TABOR ACADEMY IS A COEDUCATIONAL, COLLEGE PREPARATORY BOARDING AND DAY SCHOOL. 22 22 336 0 10879 0 8631540 24963340 38560183 38580067 2489020 2592633 0 -19916 49680743 66116124 9212750 8491600 0 0 21856039 21448524 0 0 2823808 18384526 18411634 49453315 48351758 227428 17764366 145642917 162720584 43133849 38525921 102509068 124194663 TABOR ACADEMY FOCUSES ITS ACADEMIC PROGRAMS TO INSPIRE A LIFE-LONG LOVE OF LEARNING, TO INSTILL A PASSION FOR THE HIGHEST STANDARDS OF ACHIEVEMENT, TO ENCOURAGE PERSONAL RESPONSIBILITY, AND TO FOSTER CARE FOR OTHERS AND COMMITTED CITIZENSHIP. 0 0 37723467 8491600 38580067 TABOR ACADEMY EDUCATES APPROXIMATELY 509 STUDENTS. AS THE "SCHOOL BY THE SEA," TABOR SUSTAINS A UNIQUE MARITIME HERITAGE THAT EMBODIES, IN ALL ITS PROGRAMS, THE QUALITIES A SEAGOING LIFE REQUIRES: THOUGHTFUL PREPARATION FOR, AND AWARENESS OF THE WIDER WORLD, PERSEVERANCE, COURAGE, GOOD HUMOR, A SENSE OF DIRECTION, AND HUMILITY. TABOR'S FACULTY COMMIT THEMSELVES TO BALANCING HIGH DEMANDS WITH GENUINE AFFECTION FOR THEIR STUDENTS AND TO FOSTERING RELATIONSHIPS FOUNDED ON THE COMPASSION, PERSONAL INTEGRITY, AND TRUST THAT ANCHOR TABOR'S COMMUNITY. 37723467 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 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 1 127 0 336 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X JAMES BONSEY 5082918370 66 SPRING STREET MARION MA 02738 REGINA SHAKIN TRUSTEE - CHAIR 4.00 X X 0 0 0 G ERIC DAVIS TRUSTEE - VICE CHAIR 3.00 X X 0 0 0 STEPHEN P SPRAGUE TRUSTEE - TREASURER 3.00 X X 0 0 0 ELIZABETH WELSH EYLER TRUSTEE - SECRETARY 3.00 X X 0 0 0 DAVID B BARKER JR TRUSTEE 2.00 X 0 0 0 DAVID DEFILIPPO TRUSTEE 2.00 X 0 0 0 JENNIFER FRANCIS TRUSTEE 2.00 X 0 0 0 KELVIN PAN CHUEN KO TRUSTEE 2.00 X 0 0 0 DUDLEY M PIERRE TRUSTEE 2.00 X 0 0 0 WILLIAM P RICE TRUSTEE 2.00 X 0 0 0 CRAIG A ROBINSON TRUSTEE 2.00 X 0 0 0 JACQUELINE SHIRE TRUSTEE 2.00 X 0 0 0 ERIC H STRAND TRUSTEE 2.00 X 0 0 0 NGAI SUET TRUSTEE 2.00 X 0 0 0 JOHN W BUCKLEY TRUSTEE 2.00 X 0 0 0 BECKY KIDDER-SMITH TRUSTEE 2.00 X 0 0 0 ALEXANDER R MARX TRUSTEE 2.00 X 0 0 0 KENNETH QUIGLEY JR TRUSTEE 2.00 X 0 0 0 ROBIN D DRIPPS TRUSTEE 2.00 X 0 0 0 JOHN F EBERLY TRUSTEE 2.00 X 0 0 0 DOUGLAS JEFF HSU TRUSTEE 2.00 X 0 0 0 DEIRDRE NICKERSON TRUSTEE 2.00 X 0 0 0 ANTHONY TT JACCACI HEAD OF SCHOOL 40.00 X 484967 0 137074 JAMES BONSEY CFO/COO 40.00 X 262238 0 80922 TIMOTHY L FREY DIRECTOR OF TECHNOLOGY 40.00 X 154076 0 78612 ERIC LONG DIRECTOR OF ADMISSION 40.00 X 143524 0 168617 RACHAEL BEARE AHOS EXTERNAL 40.00 X 237504 0 88092 TYRONE BLACK AHOS EXTERNAL 40.00 X 204366 0 62260 STEPHEN GINTER DIRECTOR OF ADVANCEMENT 40.00 X 162309 0 90362 1648984 0 705939 23 0 1 0 FLIK COMPASS GROUP USA PO BOX 417632 BOSTON MA 022417632 DINING SERVICES 3015364 FIELDTURF USA INC 175 NORTH INDUSTRIAL BOULEVARD NE CALHOUN GA 30701 TURF FIELD REPLACEMENT AND MAINTENANCE S 958491 IMPERIAL BUILDING MAINTENANCE INC 849 POST ROAD WARWICK RI 02888 CUSTODIAL SERVICES 529877 ECM SECURITY INC PO BOX 751 MATTAPOISETT MA 02739 SECUIRTY SERVICES 357949 J GOODISON COMPANY 125 ZARBO AVENUE NORTH KINGSTOWN RI 02852 TABOR BOY SCHOONER RESTORATION 213695 11 24963340 499523 24963340 TUITION 611110 37178171 37178171 STUDENT AND SUMMER PROGRAMS 611110 831090 831090 AUXILIARY ACTIVITIES 611110 570806 570806 38580067 1479733 1479733 1241123 161236 0 289459 1241123 -128223 1112900 30795 1082105 OTHER INCOME/LOSS 523000 -19916 -19916 -19916 66116124 38580067 10879 2561838 8491600 8491600 1001441 159114 619567 222760 13890807 10474966 2073863 1341978 1472827 1051699 266377 154751 4849640 3462973 877112 509555 233809 166956 42287 24566 175365 175365 100791 100791 87163 87163 427448 421979 5469 215274 215274 1963830 1846000 117830 333523 184410 82285 66828 95068 76493 11206 7369 884122 831075 53047 3646295 3427517 218778 926114 926114 FOOD SERVICES 2788014 2788014 ADMINISTRATIVE 1257850 404377 801310 52163 CONTRACTED SERVICES 1129186 1067687 61499 REPAIRS AND MAINTENANCE 846247 795471 50776 3535344 2073136 1018370 443838 48351758 37723467 7804483 2823808 3274924 6124885 274141 68866 3392330 10833642 222947 198760 1304312 803450 113972894 52728072 62120417 61244822 19445501 19663552 33650992 41411704 21957353 22370903 145642917 162720584 5629076 3378193 7949324 8269121 26441049 25777777 2000000 0 10772 188505 1103628 912325 43133849 38525921 X 13690263 18675473 88818805 105519190 102509068 124194663 145642917 162720584 X 17764366 3863058 -458604 516775 X X 0 1 X 1 0 X 6370879 7065770 14705046 8631540 24963340 61736575 6370879 7065770 14705046 8631540 24963340 61736575 48490040 13246535 989818 1202497 1300923 1409553 1479733 6382524 68119099 0.19450 0.58860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61292609 3837674 5519891 2300000 68350174 56848245 2756063 5529093 3840792 61292609 59172929 4792202 3049932 788539 3611461 62615063 63481108 2961557 -5169736 786303 1313697 59172929 47988044 928054 16465010 677540 1222460 63481108 1.00000 0 0 786259 786259 89549557 41699224 47850333 7715993 2690197 5025796 14016513 8338651 5677862 1904572 1904572 61244822 PARTNERSHIPS 41411704 F 41411704 BENEFICIAL INTEREST IN PERPETUAL TRUST 20228924 BENEFICIAL INTEREST IN CHARITABLE REAMINDER TRUST 1212719 RIGHT OF USE ASSET 602174 CHARITABLE GIFT ANNUITY 327086 22370903 CAPITAL LEASE PAYABLE 603631 ANNUITIES PAYABLE 308694 912325 X 61545753 3863058 516775 4379833 57165920 458604 8491600 8950204 66116124 39860158 0 39860158 8491600 8491600 48351758 PART V, LINE 4: ENDOWMENT SERVES TO SUPPORT SCHOLARSHIPS, FACULTY, ACADEMIC AND EXTRACURRICULAR PROGRAMS, AND GENERAL ADMINISTRATION OF THE SCHOOL. PART X, LINE 2: IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THESE DETERMINATIONS HAVE BEEN REVIEWED ACCORDING TO GUIDANCE IN A RECENT FINANCIAL ACCOUNTING STANDARDS BOARD PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL NOW APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF JUNE 30, 2025 THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY SUBJECT TO POTENTIAL EXAMINATION BY TAXING JURISDICTIONS FOR THE PRIOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,259,647. PENSION RELATED COSTS -236,015. PROVISION FOR UNCOLLECTIBLE PLEDGES -506,857. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,491,600. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,491,600. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 TABOR ACADEMY PROMULGATES EACH YEAR, ITS NONDICRIMINATORY POLICIES THROUGH SEVERAL ADS IN LOCAL AND REGIONAL NEWSPAPERS DURING THE PERIOD OF SOLICITATION OF STUDENTS. SEE PART II FOR ADDITIONAL INFORMATION. PART I, LINE 3 TABOR IS FOUNDED ON THE BELIEF THAT A HEALTHY SCHOOL COMMUNITY FINDS COMMON GROUND WHILE EMBRACING DIFFERENCES AND, THEREFORE, ACCEPTS A RACIALLY, ETHNICALLY, RELIGIOUSLY, ECONOMICALLY, AND INTERNATIONALLY DIVERSE STUDENT BODY. TO CULTIVATE AND SUSTAIN A MORE DIVERSE AND INCLUSIVE COMMUNITY, TABOR ACADEMY RECOGNIZES THAT OUR SUCCESS AS A 21ST CENTURY SCHOOL IS EMBEDDED IN A GENUINE UNDERSTANDING OF HOW THE COMPONENTS OF DIVERSITY REFLECT THE CORE VALUES OF OUR MISSION, WHICH IS ROOTED IN COMPASSION, RESPECT, TRUST, HONESTY, AND PERSONAL RESPONSIBILITY. DIVERSITY AT TABOR ENCOMPASSES RACE, ETHNICITY, GENDER, SOCIO-ECONOMIC STATUS, RELIGION, INTELLECTUAL AND PHYSICAL ABILITY, GENDER EXPRESSION, SEXUAL ORIENTATION, AGE, FAMILY STRUCTURE, LANGUAGE AND GEOGRAPHIC PLACE OF ORIGIN. WE RECOGNIZE THAT THE ESTABLISHMENT OF POLICIES, PRACTICES, AND PROGRAMS THAT SUPPORT THE INTERCONNECTEDNESS OF THESE CULTURAL IDENTIFIERS AND FURTHER DEVELOP THE CULTURAL COMPETENCY OF OUR COMMUNITY'S MEMBERS WILL ALLOW FOR TRUE DIALOGUE AND COLLABORATION WITHIN OUR SCHOOL AND WITH LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. TO THAT END, WE COMMIT OURSELVES TO BEING A COMMUNITY IN WHICH ALL MEMBERS HAVE VOICE, ARE GIVEN RESPECT, AND SEE THEIR IDENTITIES REFLECTED AND AFFIRMED IN THE CURRICULUM, CO-CURRICULUM AND PHYSICAL AND VIRTUAL ENVIRONMENTS OF THE SCHOOL. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 6050507 0 0 0 0 0 0 6050507 0 6050507 0 0 0 0 0 0 1 FINANCIAL AID 215 8491600 FMV TUITION ASSISTANCE PART I, LINE 2: ALL GRANTS ARE SCHOLARSHIPS AWARDED BY DEMONSTRATED NEED IN THE FORM OF TUITION REMISSION, AND THEY CAN ONLY BE USED TO REDUCE THE AMOUNT OF THE TUITION OWED BY A GIVEN FAMILY FOR AN ACADEMIC YEAR. NEED IS DETERMINED BY ANALYZING TAX FORMS AND/OR OTHER INFORMATION FROM SCHOOL SCHOLARSHIP SERVICE, PRINCETON,NJ. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ANTHONY TT JACCACI HEAD OF SCHOOL 484967 0 0 0 0 0 29000 0 108074 0 622041 0 0 0 JAMES BONSEY CFO/COO 262238 0 0 0 0 0 26231 0 54691 0 343160 0 0 0 RACHAEL BEARE AHOS EXTERNAL 237504 0 0 0 0 0 24907 0 63185 0 325596 0 0 0 ERIC LONG DIRECTOR OF ADMISSION 143524 0 0 0 0 0 18003 0 150614 0 312141 0 0 0 TYRONE BLACK AHOS EXTERNAL 204366 0 0 0 0 0 20756 0 41504 0 266626 0 0 0 STEPHEN GINTER DIRECTOR OF ADVANCEMENT 162309 0 0 0 0 0 17213 0 73149 0 252671 0 0 0 TIMOTHY L FREY DIRECTOR OF TECHNOLOGY 154076 0 0 0 0 0 19568 0 59044 0 232688 0 0 0 PART I, LINE 1A: FIRST CLASS TRAVEL AND INTERNATIONAL AIR TRAVEL - THE HEAD OF SCHOOL (HOS) AND DIRECTOR OF ADVANCEMENT MAY TRAVEL VIA FIRST CLASS ON OVERSEAS TRIPS (MORE THAN 7 HOURS) BUT ONLY IF TRAVEL REWARD PROGRAMS CAN BE USED THEREFORE LOWERING COST. TRAVEL BY TRAIN - THE HOS AND DIRECTOR OF ADVANCEMENT ON OCCASION USE AMTRAK FIRST CLASS TRAVEL TO NYC FOR BOARD AND ADVANCEMENT MEETINGS. USE OF TRAIN FIRST CLASS SIGNIFICANTLY IMPROVES WORK PRODUCTIVITY AND THE COST DIFFERENCE IS MINIMAL. THESE ARE NOT CONSIDERED TAXABLE TO THE HEAD OF SCHOOL AND DIRECTOR OF ADVANCEMENT. HOUSING AND PERSONAL SERVICES - CONSISTENT WITH THE ACADEMY'S UNIQUE BOARDING SCHOOL ENVIRONMENT, THE ACADEMY PROVIDES A RESIDENCE FOR PERSONAL USE FOR MULTIPLE PERSONNEL. PURSUANT TO HIS EMPLOYMENT CONTRACT, THE HEAD OF SCHOOL IS REQUIRED TO LIVE IN CLOSE PROXIMITY TO CAMPUS TO SERVE HIS DUTIES AND RESPONSIBILITIES TO THE ACADEMY, INCLUDING ENTERTAINING STUDENTS, FACULTY, AND OTHER CONSTITUENTS, AND TO PROVIDE GUIDANCE AND A SAFE, WELCOMING LEARNING ENVIRONMENT FOR STUDENTS. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE ACADEMY AND IS REPORTED AS NON-TAXABLE COMPENSATION ON SCHEDULE J PART II, COLUMN D. IN ADDITION, THE ACADEMY PROVIDES HOUSING FOR THE DIRECTOR OF ADMISSIONS AND THE BENEFIT IS REPORTED AS NON-TAXABLE COMPENSATION ON SCHEDULE J PART II, COLUMN D. THE ACADEMY IS RESPONSIBLE FOR MAINTAINING THE RESIDENCE FOR THE HEAD OF SCHOOL. THIS MAINTENANCE IS PROVIDED FOR THE BENEFIT OF THE ACADEMY AND IS NOT CONSIDERED TAXABLE INCOME TO THE HEAD OF SCHOOL. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RJN6 2020-05-01 19476000 SERIES A - REFINANCE EXISTING LTD 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2020-05-01 8000000 SERIES B - NEW CONSTRUCTION 0 0 0 A 1087216 19476000 254537 19221463 2020 1 0 1 1 B 324277 8000000 51000 8000000 2023 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 30 499523 FMV 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS OF THE BOARD OF TRUSTEES, EXCEPT THE POWER TO AMEND THE BYLAWS OR TO TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD OF TRUSTEES, AND SHALL BE CALLED TOGETHER BY THE CHAIR, THE HEAD OF SCHOOL, OR ANY THREE MEMBERS OF THE EXECUTIVE COMMITTEE AT THEIR DISCRETION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY TAX ADVISORS AT A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY VIA BOARDEFFECT. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE, ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE PROIVDED BY THE CHIEF FINANCIAL OFFICER AS PART OF THE AUDIT COMMITTEE REPORT. THE QUESTIONNAIRES ARE REVIEWED BY THE CHAIR OF THE BOARD AND THE CHIED FINANCIAL OFFICER, AS APPROPRIATE. IN THE EVENT THAT A BOARD MEMBER DOES DISCLOSE A CONFLICT, THAT PERSON IS RECUSED FROM DICUSSIONS AND DOES NOT VOTE ON RESOLUTIONS THAT PERTAIN DIRECTLY TO THAT CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL WAS DETERMINED PRIOR TO VALIDATING HIS EMPLOYMENT CONTRACT IN JANUARY 2021. AT THAT TIME, THE BOARD OF TRUSTEES UTILIZED DATA GATHERED BY THE ASSOCIATION OF BUSINESS OFFICERS OF PRIVATE SCHOOLS (ABOPS) TO IDENTIFY COMPARATIVE COMPENSATION BASED ON OFFICERS IN SIMILAR ROLES AT PEER INSTITUTIONS. ANNUALLY THEREAFTER, THE BOARD REVIEWS THE HEAD OF SCHOOL'S COMPENSATION AND MAKES ADJUSTMENTS, AS DEEMED APPROPRIATE. REVIEW OF COMPENSATION OF OTHER OFFICERS IS PERFORMED BY THE HEAD OF SCHOOL ANNUALLY USING SIMILAR COMPARATIVE DATA. THE DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,259,647. PENSION RELATED COSTS -236,015. PROVISION FOR UNCOLLECTIBLE PLEDGES -506,857. PART XII, LINE 2C THE SCHOOL HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.