2025-02-28T11:13:33-06:00 2024-08-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-09-01 043408810 CIRCLE OF FRIENDS PRESCHOOL AND CHILDREN'S CENTER INC CIRC 5088772593 61 NICHOLAS ROAD FRAMINGHAM MA 01701 SARA CASTELLO PRESIDENT 5088772593 2025-02-28 1 0 SANDRA M BROWN CPA P01614103 5088717178 2025-02-28 2023 2025-03-06 01:10:19Z SARA CASTELLO 61 NICHOLAS ROAD FRAMINGHAM MA 01701 2160904 0 X WWW.COFPS.ORG X 1998 MA PRESCHOOL CHILDCARE 10 10 51 10 0 0 347003 300700 1669774 1822879 19191 37325 0 0 2035968 2160904 0 0 0 0 1454318 1585002 0 0 0 504455 524668 1958773 2109670 77195 51234 2338966 2298562 1442822 1351184 896144 947378 CHILDCARE AND PRESCHOOL EDUCATION 0 0 1855306 1822879 PART TIME AND FULL TIME CHILDCARE IS PROVIDED TO APPROXIMATELY 97 STUDENTS FOR THE PURPOSE OF PRESCHOOL EDUCATION THROUGH CREATIVE AND SOCIAL INTERACTION. 1855306 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X SARAH DICONZA BOOKKEEPER 5088772593 61 NICHOLAS ROAD FRAMINGHAM MA 01701 CLAIRE COSENZE PRESIDENT 2.00 X X 0 0 0 SARA CASTELLO TREASURER 1.00 X X 0 0 0 STEPHANIE MELTZER SOCIAL CHAIR 2.00 X X 0 0 0 BREDA HURLEY DIRECTOR 1.00 X 0 0 0 MENDY BRADLEY DIRECTOR 1.00 X 0 0 0 MADISON BAZZANNO DIRECTOR 1.00 X 0 0 0 JULIA BALKEMA DIRECTOR 1.00 X 0 0 0 ARJUN BHADOURIA DIRECTOR 1.00 X 0 0 0 DELIA NOWAK DIRECTOR 1.00 X 0 0 0 KIM LANZA DIRECTOR 1.00 X 0 0 0 LAURA MCGILVRAY SCHOOL DIRECTOR 40.00 X 125111 0 5082 125111 0 5082 1 0 0 0 0 281623 19077 300700 TUITION 624410 1822879 1822879 1822879 37325 37325 2160904 1822879 0 37325 122874 73724 49150 1246208 1168792 77416 32511 29409 3102 69339 64978 4361 114070 103655 10415 73041 73041 326 326 92668 75141 17527 6335 1856 4479 208928 199112 9816 31628 30520 1108 18067 14573 3494 SPECIAL PROGRAMS 43578 43578 FOOD, SNACKS AND NUTRIT 35701 35701 STAFF TRAINING AND DEVE 11275 11275 SPECIAL EVENTS 2666 2666 455 455 2109670 1855306 254364 0 512884 313635 4868 7184 4380 11368 754898 575506 202771 179392 512107 791094 1101956 995889 2338966 2298562 76180 74679 99988 111390 1266654 1165115 1442822 1351184 X 896144 947378 896144 947378 2338966 2298562 51234 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 614500 472589 141911 129495 92014 37481 10903 10903 0 179392 CERTIFICATE OF DEPOSIT 791094 F 791094 SECURITY DEPOSITS 11079 RIGHT-OF-USE ASSET - OPERATING LEASE 984810 995889 TUITION DEPOSITS 172931 OPERATING LEASE LIABILITY 992184 1165115 2160904 0 2160904 0 2160904 2109670 0 2109670 0 2109670 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS NOT CURRENTLY ACTIVELY SOLICITING FOR STUDENTS. IT IS THEIR POLICY TO DISCLOSE THEIR RACIALLY NON DISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 4 THIS DOES NOT APPLY SINCE THE SCHOOL DOES NOT CURRENTLY GIVE SCHOLARSHIPS OR ANY FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 SIX STUDENTS FROM MILITARY FAMILIES RECEIVED GOVERNMENT SUBSIDIZED TUITION ASSISTANCE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 WAS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S PRESIDENT OR TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE BOARD HAS ESTABLISHED A COMMITTEE TO FACILITATE THE ANNUAL PERFORMANCE REVIEW AND TO DETERMINE THE ANNUAL COMPENSATION FOR THE SCHOOL DIRECTOR. THE COMMITTEE MEETS AS NEEDED TO REVIEW THE COMPENSATION TO ENSURE THAT IT FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATION ORGANIZATIONS. THIS COMMITTEE ALSO DETERMINES AND APPROVES ANY BONUS OR OTHER COMPENSATION PROVIDED TO THE SCHOOL DIRECTOR. BENEFITS FOR THE SCHOOL DIRECTOR ARE THE SAME AS THOSE OFFERED TO OTHER EMPLOYEES AND ARE REVIEWED BY THE BOARD AT LEAST ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST