2024-11-15T15:28:09-06:00 2024-06-30 464122151 SCHOFER DILLBERG & COMPANY INC 190 N MAIN STREET THIRD FLOOR NATICK MA 01760 990 2023-07-01 841796955 MARTIN TRUST PARTNERSHIP IN EDUCATION FOR EARLY LEARNERS INC MART 6175468200 127 HARVARD STREET BROOKLINE MA 02446 LAURA TRUST PRESIDENT 6175468200 2024-11-15 1 0 MARK SCHOFER P00423537 5085458405 2023 2024-10-15 13:58:12Z LAURA TRUST 127 HARVARD STREET BROOKLINE MA 02446 2835954 0 X HTTPS://TRUSTEARLYLEARNERS.ORG/ X 2019 MA MARTIN TRUST PARTNERSHIP IN EDUCATION FOR EARLY LEARNERS, INC. (THE "SCHOOL") IS A MASSACHUSETTS NONPROFIT CORPORATION FOUNDED TO OPERATE A SCHOOL IN BROOKLINE, MASSACHUSETTS. 7 5 35 4 0 0 1542298 1537964 747512 1297850 0 140 0 0 2289810 2835954 0 628443 0 0 2006937 1575743 0 0 143314 739194 633722 2746131 2837908 -456321 -1954 6148913 5230650 324581 183579 5824332 5047071 X MARTIN TRUST PARTNERSHIP IN EDUCATION FOR EARLY LEARNERS, INC. (THE "SCHOOL") IS A MASSACHUSETTS NONPROFIT CORPORATION FOUNDED TO OPERATE A SCHOOL IN BROOKLINE, MASSACHUSETTS. THE SCHOOL WILL WORK TO HELP FILL THE NEED FOR QUALITY, AFFORDABLE EARLY EDUCATION TO ALL YOUNG LEARNERS BY ESTABLISHING A NEW EARLY EDUCATION CENTER. 0 0 2099317 628443 1297850 THE SCHOOL'S MISSION IS TO CREATE THE MODEL OF ACCESSIBLE, EQUITABLE, SUSTAINABLE, HIGH-QUALITY EARLY EDUCATION FOR ALL YOUNG CHILDREN WITH A GENERATION OF HIGHLY-VALUED AND EXPERIENCED EARLY EDUCATORS. THE CURRENT YEAR EXPENSES OF $1,470,874 (EXCLUDING GRANTS) WERE USED FOR SCHOOL AND CLASSROOM FURNISHINGS, MATERIALS AND EQUIPMENT.VALUE OF OTHER IN-KIND DONATIONS USED IN PROGRAM SERVICES: IN-KIND RENT $640,000 IN-KIND SERVICES $35,750 2099317 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 8 0 35 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X LAURA TRUST 6177261111 PO BOX 470629 BROOKLINE MA 024459998 LAURA TRUST PRESIDENT 40.00 X X 8220 0 0 ALAN LITCHMAN TREASURER & CLERK 30.00 X X 7260 0 0 JEN MULLEN DIRECTOR 1.00 X 0 0 0 KENNETH BELLO DIRECTOR 1.00 X 0 0 0 MICHAEL BASS DIRECTOR 1.00 X 0 0 0 SUSAN ELSBREE DIRECTOR 1.00 X 0 0 0 WHITNEY MCCULLOCH DIRECTOR 1.00 X 0 0 0 JAYE SMITH CEO 40.00 X 210061 0 0 225541 0 0 1 0 1 0 0 1350000 144787 43177 34 1537964 TUITION 611110 1297850 1297850 1297850 140 140 2835954 1297850 0 140 628443 628443 422140 274391 126642 21107 1037012 674057 311104 51851 116591 75784 34977 5830 78578 12737 59730 6111 6537 5230 1046 261 278688 222950 44590 11148 77993 77993 33755 21272 12136 347 SUPPLIES 78311 75165 2517 629 FUNDRAISING EXPENSE 45738 45738 CLOTHING AND OTHER EXPE 27506 27506 PROCESSING AND REGISTRA 6116 3789 2035 292 500 500 2837908 2099317 595277 143314 206157 28638 5683927 4894612 58407 170130 276240 184355 153416 91885 11500 14000 35506 31385 6148913 5230650 121185 75834 203396 107745 324581 183579 X 140405 140621 5683927 4906450 5824332 5047071 6148913 5230650 X -1954 -775307 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 276240 184355 91885 91885 2287204 79693 79693 2207511 628443 628443 2835954 3064465 855000 855000 2209465 628443 628443 2837908 PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS, NETTED WITH TUITION ON FINANCIAL STATEMENTS, SEPARATELY REPORTED AS GRANTS EXPENSE ON TAX RETURN PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND DISCOUNTS, NETTED WITH TUITION ON FINANCIAL STATEMENTS, SEPARATELY REPORTED AS GRANTS EXPENSE ON TAX RETURN 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL PRINTED MATERIALS AND COMMUNICATION CONTAIN THE NONDISCRIMINATORY POLICY STATEMENT. SCHEDULE E, PART I, LINE 6 RECEIVED MASSACHUSETTS EEC ARPA GRANTS 1 FINANCIAL AID FOR STUDENTS ATTENDING THE SCHOOL. 26 628443 PART I, LINE 2: FOR THE FINANCIAL AID THAT IS AWARDED, THE SCHOOL ENSURES THAT THE STUDENT ATTENDS THROUGHOUT THE SCHOOL YEAR. THEIR TUITION FEES ARE REDUCED BY THE FINANCIAL AID AND THEY OWE WHAT IS REMAINING THROUGHOUT THE SCHOOL YEAR. X 0 0 0 0 0 0 0 0 0 JAYE SMITH CEO 210061 0 0 0 0 0 0 0 0 0 210061 0 0 0 GLOBAL EARLY EDUCATION LLC GLOBAL EARLY EDUCATION IS OWNED 50% BY LAURA TRUST, THE SOLE MEMBER OF TEL EMPLOYEE LEASE AGREEMENT X 170130 170130 0 1 1 170130 X 34 COMPARABLES 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LAURA TRUST AND ALAN LITCHMAN ARE HUSBAND AND WIFE. KEN BELLO IS A PARTNER AT A LAW FIRM THAT THE SCHOOL USES. FORM 990, PART VI, SECTION A, LINE 6 LAURA TRUST IS THE SOLE MEMBER. WHILE THE MEMBERS RETAIN THE RIGHT TO MAKE OR APPROVE DECISIONS ON CERTAIN LIMITED TOPICS, THE SCHOOL'S GOVERNANCE IS CONTROLLED BY ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A LAURA TRUST IS THE SOLE MEMBER. WHILE THE MEMBERS RETAIN THE RIGHT TO MAKE OR APPROVE DECISIONS ON CERTAIN LIMITED TOPICS, THE SCHOOL'S GOVERNANCE IS CONTROLLED BY ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ACCOUNTANTS AND REVIEWED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION ISSUES TO ITS BOARD MEMBERS, OFFICERS, MANAGEMENT, STAFF AND VOLUNTEERS THE CORPORATION'S CONFLICT OF INTEREST POLICY (THE "POLICY") ON AN ANNUAL BASIS. THESE PARTIES MUST ADVISE THE PRESIDENT OF ANY TRANSACTION (AS DEFINED IN THE POLICY) THAT THEY, OR A RELATED PERSON (AS DEFINED IN THE POLICY), MAY ENTER INTO WITH THE CORPORATION TO MAKE CERTAIN THAT THE TRANSACTION DOES NOT PRESENT AN IMPERMISSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO COMPENSATION, NO DIRECTOR, OFFICER OR EMPLOYEE SHALL BE ENTITLED TO RECEIVE ANY COMMISSIONS OR OTHER COMPENSATION TO WHICH SUCH PERSON MAY OTHERWISE BE ENTITLED FOR THE PERFORMANCE OF HIS OR HER DUTIES AS A DIRECTOR, OFFICER OR EMPLOYEE OF THE SCHOOL UNLESS SUCH COMPENSATION FOR SUCH ROLE HAS BEEN DETERMINED BY THE DISINTERESTED DIRECTORS OF THE SCHOOL AS NECESSARY TO FURTHERING THE SCHOOL'S EXEMPT PURPOSES AND THAT SUCH COMPENSATION IS FAIR, REASONABLE, AND IN LINE WITH WHAT OTHER SIMILARLY SITUATED SCHOOLS COMPENSATE SIMILAR INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS -775,307. CAUSE DU JOUR FOUNDATION PO BOX 470629 207 WASHINGTON STREET BROOKLINE MA 024459998 852714134 TO SUPPORT THE EDUCATION AND GENERAL BETTERMENT FOR UNDERPRIVILEGED CHILDREN MA 501(C)(3) PF 0 GLOBAL EARLY EDUCATION LLC PO BOX 470629 207 WASHINGTON STREET BROOKLINE MA 024459998 834569612 CURRICULUM DEVELOPMENT MA N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 CAUSE DU JOUR FOUNDATION C 1350000 CASH VALUE GLOBAL EARLY EDUCATION LLC K 0 CASH VALUE CAUSE DU JOUR FOUNDATION K 0 CASH VALUE GLOBAL EARLY EDUCATION LLC M 0 CASH VALUE