2026-05-15T10:04:31-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 01880 990 2024-07-01 043163180 MOTHER CAROLINE ACADEMY & EDUCATION CENTER MOTH 6174271177 515 BLUE HILL AVENUE DORCHESTER MA 021213203 ESSENCE LEE SOUFFRANT CHAIR 6174271177 2026-05-15 1 1 JODY K BOOTH P00963825 7812459999 2026-05-15 2024 2025-03-06 01:10:19Z ESSENCE LEE SOUFFRANT 515 BLUE HILL AVENUE DORCHESTER MA 021213203 2729806 0 X MCAEC.ORG X 1992 MA *REFER TO SCHEDULE O, PAGE 46MOTHER CAROLINE ACADEMY AND EDUCATION CENTER NURTURES, INSPIRES AND EMPOWERS STUDENTS AND FAMILIES TO ACHIEVE SUCCESS THROUGH EDUCATION. 16 16 30 90 0 0 1762823 2186625 26370 26805 456048 516374 -17475 -20475 2227766 2709329 0 0 0 0 1586526 1657077 0 0 441974 1165483 1276199 2752009 2933276 -524243 -223947 14159087 14775422 240490 173024 13918597 14602398 X THE MISSION OF THE SCHOOL IS TO PROVIDE A QUALITY EDUCATION THAT DEVELOPS THE POTENTIAL OF EACH STUDENT AND PREPARES HER TO SUCCEED IN COMPETITIVE SECONDARY SCHOOLS. WE BELIEVE OUR MISSION CAN BEST BE *REFER TO SCHEDULE O, PAGE 46 FOR CONTINUATION*ACHIEVED BY FOCUSING HOLISTICALLY ON THE NEEDS OF OUR STUDENTS AND THEIR FAMILIES, AND BY PRESERVING A SPIRIT OF VOLUNTEERISM AND COMMITMENT AMONG ALL WHO AID AND SUPPORT AND BENEFIT FROM OUR MISSION. 0 0 1957796 26807 THE ACADEMY IS A TUITION FREE SCHOOL (GRADE 3-8) SERVING 74 GIRLS FROM ECONOMICALLY DISADVANTAGED FAMILIES. WE SEEK TO DEVELOP YOUNG WOMEN WITH A STRONG SENSE OF SELF-CONFIDENCE AND ESTEEM FOR THEMSELVES AND OTHERS AND INSTILL LEADERSHIP QUALITIES WHICH WILL ENABLE THEM LATER IN LIFE TO SERVE THE NEEDS OF THEIR BROADER COMMUNITIES. DURING THE MANDATORY AFTER-SCHOOL PROGRAM, STUDENTS ENGAGE IN A VARIETY OF ACTIVITIES SUCH AS SPORTS, ART, AND COOKING. THE EVENING STUDY PROGRAM HELPS STUDENTS COMPLETE HOMEWORK ASSIGNMENTS AND/OR PROVIDES TUTORING. GRADUATE SUPPORT IS PROVIDED. 100% OF OUR GIRLS GRADUATE FROM HIGH SCHOOL AND 95% GRADUATE FROM COLLEGE. 1957796 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MA X X X DR CARLA HAITH 6174271177 515 BLUE HILL AVENUE DORCHESTER MA 02121 ESSENCE LEE SOUFFRANT CHAIR, TRUSTEE 2.00 X X 0 0 0 MATTHEW ENGLER TREASURER, TRUSTEE 2.00 X X 0 0 0 RANDI INGERMAN CLERK, TRUSTEE 2.00 X X 0 0 0 MIRIAM ALVES TRUSTEE 2.00 X 0 0 0 SHAMIKHAH BAKER TRUSTEE 2.00 X 0 0 0 LAURIE BEVIER TRUSTEE 2.00 X 0 0 0 DR TOM BURKE TRUSTEE 2.00 X 0 0 0 LINDA CHAVES TRUSTEE 2.00 X 0 0 0 ANNYA HAUGHTON-WASHBURN TRUSTEE 2.00 X 0 0 0 RAINA JACQUES TRUSTEE 2.00 X 0 0 0 REGINE MICHELLE JEAN-CHARLES PHD TRUSTEE 2.00 X 0 0 0 IZABELA LEAHY TRUSTEE 2.00 X 0 0 0 ELLEN SEGAL TRUSTEE 2.00 X 0 0 0 MEG TALLON TRUSTEE 2.00 X 0 0 0 SR FRANCES BUTLER TRUSTEE, EX-OFFICIO 1.00 X 0 0 0 FR GERALD OSTERMAN TRUSTEE, EX-OFFICIO 1.00 X 0 0 0 MARIE LOUISE GREENIDGE DIRECTOR OF DEVELOPMENT 40.00 X 171372 0 3623 171372 0 3623 1 0 1 0 0 413209 410552 1362864 2186625 ACTIVITY & REG. FEES 611600 26805 26805 26805 380163 380163 136211 0 136211 136211 136211 0 413209 20477 -20477 -20477 OTHER INCOME 611600 2 2 2 2709329 26807 0 495897 X 190000 38000 57000 95000 1226631 816051 181002 229578 16360 884 11476 4000 95117 63704 13921 17492 128969 76436 22224 30309 84338 84338 50000 50000 357752 331764 13536 12452 38777 21356 6829 10592 174119 141004 13787 19328 271308 245706 16099 9503 8118 1472 6310 336 20411 16144 3074 1193 653 429 108 116 79727 72153 4784 2790 51922 32474 10777 8671 SCHOOL ACTIVITIES 99144 97960 570 614 MISCELLANEOUS 39930 2259 37671 2933276 1957796 533506 441974 68116 131605 528979 591335 185638 83000 1643 11500 41488 44810 7550904 6755695 742383 795209 12590840 13117963 14159087 14775422 223526 164708 16964 8316 240490 173024 X 3518771 3523143 10399826 11079255 13918597 14602398 14159087 14775422 -223947 907748 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 12490842 1374122 846999 13017965 12050252 1508738 1068148 12490842 11315240 1377012 642000 12050252 13634507 -1599267 720000 11315240 10480491 3154016 13634507 0.21640 0.37860 0.40500 0 0 25443 25443 6400424 6024530 375894 1125037 731165 393872 795209 LARGE CAP FUNDS 4005583 F MID CAP FUNDS 1173830 F SMALL CAP FUNDS 710624 F EMERGING MARKET FUNDS 653398 F INTERNATIONAL FUNDS 1569871 F REAL ESTATE FUNDS 1002335 F BOND FUNDS 3866567 F MONEY MARKET FUNDS 135755 F 13117963 X 3614069 907748 26515 20477 954740 2659329 50000 50000 2709329 2930268 26515 20477 46992 2883276 50000 50000 2933276 PART V, LINE 4: THE SCHOOL'S PRIMARY OBJECTIVE IS LONG-TERM CAPITAL APPRECIATION WHICH TOGETHER WITH INCOME WILL PROVIDE FOR THE GROWTH OF THE ENDOWMENT WHILE ALLOWING SUPPORT FOR CURRENT ACTIVITIES. THE SCHOOL HAS ADOPTED A SPENDING POLICY WHEREBY A PERCENTAGE OF THE HISTORICAL AVERAGE MARKET VALUE OF THE ENDOWMENT FOR PROGRAM SERVICES AND CAPITAL NEEDS IS DISTRIBUTED AND TREATED AS SUPPORT FOR OPERATING ACTIVITIES. TO THE EXTENT THE TOTAL RETURN REQUIREMENT FOR THE CURRENT YEAR IS NOT FULFILLED BY INTEREST AND DIVIDENDS, THE SCHOOL UTILIZES GAINS OF ITS ENDOWMENT. TO THE EXTENT THE TOTAL RETURN REQUIREMENT FOR THE CURRENT YEAR IS EXCEEDED BY INTEREST AND DIVIDENDS, THE SCHOOL ADDS THE EXCESS INCOME TO ITS ENDOWMENT. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THIS SCHOOL AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3). SECTION 501(C)(3) PROVIDES FOR THE EXEMPTION OF ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES AND WHOSE NET EARNINGS DO NOT INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL 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, 2024, 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: FUNDRAISING EVENT EXPENSE 20,477. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 20,477. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EACH STUDENT IS PROVIDED WITH A COPY OF THE STUDENT HANDBOOK, WHICH INCLUDES THE SCHOOL'S NON-DISCRIMINATION POLICY. THE POLICY IS ALSO INCLUDED IN ALL OF THE SCHOOL'S ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL PARTICIPATES IN A FEDERALLY ASSISTED MEAL PROGRAM KNOWN AS THE NATIONAL SCHOOL LUNCH PROGRAM. 80% TO 90% OF THE COST TO PROVIDE NUTRITIONALLY BALANCED MEALS TO THE STUDENTS IS REIMBURSED THROUGH THIS PROGRAM. IT IS ADMINISTERED BY THE MA DEPARTMENT OF EDUCATION. THE SCHOOL ALSO PARTICIPATES IN "ERATE", A FEDERAL PROGRAM THAT DISCOUNTS UP TO 90% OF CERTAIN TELECOMMUNICATIONS AND INTERNET ACCESS SERVICES/EQUIPMENT FOR ELIGIBLE SCHOOLS. THE PROGRAM IS RUN WITH OVERSIGHT FROM THE FEDERAL COMMUNICATIONS COMMISSION (FCC). ANNUAL DINNER 413209 413209 1875 11106 7496 413209 413209 1875 11106 7496 20477 -20477 X X 0 0 0 0 0 0 0 0 0 MARIE LOUISE GREENIDGE DIRECTOR OF DEVELOPMENT 171372 0 0 0 0 0 0 0 3623 0 174995 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL ENGAGES INDEPENDENT ACCOUNTANTS TO PREPARE THE FORM 990 WITH ASSISTANCE FROM THE SCHOOL'S BUSINESS MANAGER. UPON COMPLETION, THE PRESIDENT AND CEO REVIEW THE FORM 990 AND THEN PRESENT IT TO THE AUDIT AND FINANCE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS ARE PRESENTED WITH ALL POLICIES AS PART OF THEIR ORIENTATION. THROUGH THE VARIOUS COMMITTEE MEETINGS THE BOARD ASSURES THAT THE SCHOOL IS IN COMPLIANCE WITH THEIR POLICIES. AS PART OF THE BOARD'S OVERSIGHT, THE PRESIDENT AND MANAGEMENT ARE ALSO REQUIRED TO PREPARE REPORTS FOR BOARD MEETINGS THAT DETAIL DAY TO DAY ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15A SALARIES OF KEY STAFF ARE DETERMINED BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS MARKET TRENDS, JOB DESCRIPTIONS AND THE OVERALL BUDGET OF THE ORGANIZATION PRIOR TO DETERMINING SALARY RANGES FOR KEY POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 VIA THE INTERNET AND UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 58,647. MANAGEMENT AND GENERAL EXPENSES 13,536. FUNDRAISING EXPENSES 12,452. TOTAL EXPENSES 84,635. INSTRUCTIONAL COACHES: PROGRAM SERVICE EXPENSES 273,117. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 273,117.