Cambridge School Of Weston Inc
- Assets
- $57.0m
- Revenue
- $20.6m
- Investments
- $0.0
- Employees
- 148
- Location
- Weston, MA
- Founding
- 07/1937
- Data as of
- 06/2021
- EIN
- 04-2103964
Organization Overview
Cambridge School Of Weston Inc is located in Weston, MA. The organization was established in 1937. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Cambridge School Of Weston Inc employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge School Of Weston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cambridge School Of Weston Inc generated $20.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $19.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CAMBRIDGE SCHOOL OF WESTON'S MISSION IS TO PROVIDE A PROGRESSIVE EDUCATION THAT EMPHASIZES DEEP LEARNING, MEANINGFUL RELATIONSHIPS AND A DYNAMIC PROGRAM THAT INSPIRES STUDENTS TO DISCOVER WHO THEY ARE AND WHAT THEIR CONTRIBUTION IS TO THEIR SCHOOL, THEIR COMMUNITY AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAMBRIDGE SCHOOL OF WESTON IS A PROGRESSIVE, COEDUCATIONAL, DAY AND BOARDING SCHOOL FOR GRADES 9 THROUGH 12, AND POST GRADUATE. ESTABLISHED IN 1886, WE ARE DEDICATED TO FOSTERING INDIVIDUAL STRENGTHS AND MULTIPLE INTELLIGENCES THROUGH A WIDE RANGE OF CHALLENGING COURSES AND A VARIETY OF TEACHING STYLES. IN FY2021, THE SCHOOL HAD 222 DAY STUDENTS AND 81 BOARDING STUDENTS.OUR UNIQUE MODULE SYSTEM FOSTERS DEEP LEARNING AND INNOVATIVE TEACHING IN ALL DISCIPLINES. CLASSES ARE AN HOUR AND A HALF LONG, AND STUDENTS CONCENTRATE INTENSELY ON THREE SUBJECTS AT A TIME. OUR CURRICULUM IS DIVERSE AND INTERDISCIPLINARY, COMBINING DEMANDING ACADEMICS WITH EXTENSIVE OFFERINGS IN THE VISUAL AND PERFORMING ARTS. STUDENTS ARE ENCOURAGED TO EXPLORE NEW EDUCATIONAL EXPERIENCES AND AREAS OF STUDY, AND TO BE PROACTIVE IN PLANNING THEIR ACADEMIC SCHEDULES. WE OFFER MORE THAN 300 COURSES. NO TWO STUDENT SCHEDULES ARE ALIKE. EACH STUDENT WORKS WITH AN ADVISOR AND THE ACADEMIC OFFICE TO CREATE A UNIQUE ACADEMIC SCHEDULE THAT BALANCES PERSONAL INTERESTS WITH COLLEGE EXPECTATIONS AND THE SCHOOL'S REQUIREMENTS FOR GRADUATION. ULTIMATELY, EACH STUDENT SCHEDULE AIMS TO PROVIDE BALANCE, RIGOR, AND STIMULATION THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allie Altman Treasurer | OfficerTrustee | 1 | $0 |
James Bonsey Trustee | Trustee | 1 | $0 |
Lise Charlier Head Of School | OfficerTrustee | 40 | $333,673 |
Neta Crawford Trustee | Trustee | 1 | $0 |
Maura Farrell Trustee | Trustee | 1 | $0 |
John Finnerty Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ounceit Llc It Services/support | 6/29/19 | $256,672 |
Vision Brand Experiences Designing | 6/29/19 | $103,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,154,020 |
| Investment income | $267,580 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,333 |
| Net Gain/Loss on Asset Sales | $515,115 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$20,349 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,616,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,274,470 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $663,378 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,440,745 |
| Pension plan accruals and contributions | $303,912 |
| Other employee benefits | $895,230 |
| Payroll taxes | $522,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,827 |
| Fees for services: Accounting | $70,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,568 |
| Fees for services: Other | $390,157 |
| Advertising and promotion | $70,277 |
| Office expenses | $231,354 |
| Information technology | $78,945 |
| Royalties | $0 |
| Occupancy | $542,364 |
| Travel | $13,415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $142,247 |
| Interest | $317,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,758,700 |
| Insurance | $131,382 |
| All other expenses | $0 |
| Total functional expenses | $19,182,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,164 |
| Savings and temporary cash investments | $7,615,470 |
| Pledges and grants receivable | $910,581 |
| Accounts receivable, net | $141,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $118,372 |
| Prepaid expenses and deferred charges | $141,884 |
| Investments—publicly traded securities | $17,726,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $788,235 |
| Other assets | $0 |
| Total assets | $57,046,494 |
| Accounts payable and accrued expenses | $1,455,829 |
| Grants payable | $0 |
| Deferred revenue | $4,075,618 |
| Tax-exempt bond liabilities | $10,998,855 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,530,302 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $40,516,192 |