2025-03-27T11:09:13-05:00 2024-06-30 440160260 FORVIS MAZARS LLP 1330 BOYLSTON STREET CHESTNUT HILL MA 024672145 990 2023-07-01 043486659 GERMAN INTERNATIONAL SCHOOL BOSTON INC GERM 6177832600 57 HOLTON STREET ALLSTON MA 02134 PAULA SPENCER DIRECTOR OF FINANCE 6177832600 2025-03-25 1 0 TAMAR PLOTZKER P02047230 6177311222 2025-03-25 2023 2025-03-06 01:10:19Z TILMAN KISPERSKY 57 HOLTON STREET ALLSTON MA 02134 12949930 0 X WWW.GISBOS.ORG X 1999 MA EDUCATION FROM PRE-SCHOOL THROUGH GRADE 12 PROVIDING THE LANGUAGE AND CULTURE OF GERMANY 7 1 116 9 0 0 1993942 1899254 9097539 10270541 128011 382181 0 0 11219492 12551976 686341 936429 0 0 7302906 8011376 0 48900 102652 2916555 4011225 10905802 13007930 313690 -455954 12972286 28509585 6475636 22465274 6496650 6044311 X GERMAN INTERNATIONAL SCHOOL BOSTON IS A BILINGUAL INDEPENDENT SCHOOL SERVING STUDENTS FROM PRESCHOOL TO GRADE 12. WE OFFER A BILINGUAL EDUCATION WITH AN INTERNATIONALLY ACCLAIMED GERMAN CURRICULUM. AS A GLOBAL COMMUNITY, WE STRIVE TO INSTILL A LOVE OF LEARNING AND A SENSE OF RESPONSIBILITY TO PREPARE STUDENTS FOR SHAPING OUR COMMON FUTURE. 0 0 10777711 936429 10270541 THE SCHOOL PROVIDES A GERMAN EDUCATION FOR STUDENTS IN GRADES PRESCHOOL THROUGH GRADE 12. THE SCHOOL SERVES MORE THAN 300 STUDENTS. 10777711 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 116 1 0 1 GM 0 0 0 0 0 0 0 0 0 0 X 7 1 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X PAULA SPENCER 6177832600 57 HOLTON STREET ALLSTON MA 02134 TILMAN KISPERSKY CHAIR/PRESIDENT 4.00 X X 0 0 0 ULRIKE BAGEHORN VICE CHAIR/PRESIDENT AND SECRETARY 4.00 X X 0 0 0 TORIN KOESTER TREASURER 4.00 X X 0 0 0 ROY GOLDSCHMITT TRUSTEE 4.00 X 0 0 0 ALEXANDRA GROSS TRUSTEE 4.00 X 0 0 0 DANIELLE KELLERMANN TRUSTEE 4.00 X 0 0 0 ELIZABETH MELLYN TRUSTEE 4.00 X 0 0 0 MARTINA STIPPLER TRUSTEE (THRU 11/2023) 4.00 X 0 0 0 BETTINA NANCY HAARBUSCH HEAD OF ADMINISTRATION 40.00 X 152005 0 10605 PAULA SPENCER DIRECTOR OF FINANCE 40.00 X 119979 0 6802 FUNDA SUZAN ASSISTANT HEAD OF SCHOOL 40.00 X 114311 0 15034 ANKE ROOST HEAD OF EARLY EDUCATION 40.00 X 103175 0 14352 SARA ELIZABETH KAGEY ASSISTANT HEAD OF ADMINISTRATION 40.00 X 100954 0 3958 590424 0 50751 5 0 1 0 0 1772829 126425 1899254 TUITION & FEES 611600 8647928 8647928 CO-CURRICULAR PROGRAMS 611710 1602154 1602154 OTHER FEES 611170 12137 12137 LATE FEES 611170 8322 8322 10270541 371923 371923 408212 397954 10258 10258 10258 12551976 10270541 0 382181 936429 936429 297056 237645 59411 6733983 5387186 1346797 131000 104800 26200 388902 311122 77780 460435 368348 92087 16394 16394 72192 72192 48900 48900 7162 7162 8634 8634 52502 52502 295688 181088 69880 44720 52357 29869 14150 8338 1890631 1792129 98502 4358 2486 1178 694 19643 19643 642796 610656 32140 94604 94604 CLASSROOM SUPPLIES AND 618884 618884 MAINTENANCE AND REPAIRS 205094 194409 10685 BAD DEBTS 14908 14908 15378 2660 12718 13007930 10777711 2127567 102652 699748 773018 5527548 6023263 10813 37387 158678 49668 8286766 5638960 3081665 2647806 1489508 1549505 2004326 17428938 12972286 28509585 542996 568411 3290428 3278988 642439 479468 1999773 18138407 6475636 22465274 X 6471308 6025204 25342 19107 6496650 6044311 12972286 28509585 X -455954 15456 -11841 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7194657 4844689 2349968 702395 561077 141318 389714 233194 156520 2647806 CORPORATE DEBT SECURITIES 1549505 F 1549505 LOAN ORIGINATION FEES 4337 RIGHT OF USE ASSETS 17366851 SECURITY DEPOSIT 57750 17428938 LEASE LIABILITIES 18111740 OTHER LIABILITIES 26667 18138407 11619162 15456 -948270 -932814 12551976 0 12551976 12071501 0 12071501 936429 936429 13007930 PART XI, LINE 2D - OTHER ADJUSTMENTS: FOREIGN EXCHANGE GAIN -11,841. FINANCIAL AID -936,429. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 936,429. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDING FROM THE FEDERAL REPUBLIC OF GERMANY. DURING THE YEAR THE SCHOOL ALSO RECEIVED A FEMA GRANT. EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 332693 0 0 0 0 0 0 332693 0 332693 0 0 0 0 0 0 X 1 MJH GRANTS LLC 505 WALTHAM ST WEST NEWTON MA 02465 PROFESSIONAL GRANT WRITER 0 1000 49800 -48800 1000 49800 -48800 MA 1 FINANCIAL AID AND TUITION DISCOUNTS 155 936429 BOOK AMOUNTS APPLIED TO STUDENTS' ACCOUNTS PART I, LINE 2: NEED BASED STUDENT AID IS GIVEN IN THE FORM OF TUITION REMISSION, WHICH IS APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. FAMILIES REQUESTING AID MUST GO THROUGH AN APPLICATION PROCESS, WHICH IS REVIEWED AND DECIDED UPON BY A FINANCIAL AID COMMITTEE. X 0 0 0 0 0 0 0 0 0 BETTINA NANCY HAARBUSCH HEAD OF ADMINISTRATION 152005 0 0 0 0 0 6146 0 4459 0 162610 0 0 0 21493 NEED-BASED SCHOLARSHIPS EDUCATIONAL BENEFIT 4681 DISCOUNTED TUITION EDUCATIONAL BENEFIT FORM 990, PART VI, SECTION A, LINE 4 DURING THE REPORTING PERIOD, GERMAN INTERNATIONAL SCHOOL BOSTON AMENDED ITS BYLAWS TO ALIGN WITH GOVERNANCE STANDARDS SET BY MASSACHUSETTS LAW AND THE GERMAN FOREIGN OFFICE, INCLUDING UPDATES TO MEMBER ROLES, THE NUMBER AND REQUIREMENT OF IN-PERSON MEETINGS, AND PROVISIONS FOR THE NECESSARY FUNDING FOR SCHOOL OPERATIONS, ALL OF WHICH WERE APPROVED BY THE CORPORATION'S MEMBERSHIP IN THE FALL OF 2023. FORM 990, PART VI, SECTION A, LINE 6 ALL LEGAL GUARDIANS WHOSE CHILDREN ARE ENROLLED AT THE GERMAN INTERNATIONAL SCHOOL BOSTON AND PROVIDE SCHOOL FEES AUTOMATICALLY BECOME MEMBERS OF THE CORPORATION UPON CONCLUSION OF THE ENROLMENT AGREEMENT, UNLESS THEY EXPRESSLY DECIDE NOT TO BECOME MEMBERS. IN ADDITION, OTHER NATURAL PERSONS, INCLUDING LEGAL ENTITES, WHO SUPPORT THE OBJECTIVES OF THE ORGANIZATION, MAY BECOME MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S MEMBERS (EXCEPT THOSE WHO ARE ALSO TEACHERS OR EMPLOYEES OF THE SCHOOL) ELECT THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES MAKE DECISIONS FOR THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7B THE SCHOOL'S MEMBERS HAVE DECISION MAKING POWERS AS DESCRIBED IN THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DEPTH BY THE DIRECTOR OF FINANCE AND BOARD TREASURER, AFTER WHICH IT IS PROVIDED TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AT GISB IS APPLICABLE TO BOTH ITS STAFF AND BOARD MEMBERS, AS OUTLINED IN THE EMPLOYEE HANDBOOK. FURTHERMORE, EVERY YEAR, ALL BOARD MEMBERS AND SENIOR LEADERSHIP TEAM MEMBERS ARE REQUIRED TO SIGN A GISB CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE BOARD OF TRUSTEES CONSISTENTLY CONDUCTS REVIEWS AND HOLDS DISCUSSIONS PERTAINING TO THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, THERE ARE SUPPLEMENTARY POLICIES, INCLUDING THE PROCUREMENT POLICY AND THE VENDOR APPROVAL PROCESS, WHICH FALL UNDER THE PURVIEW OF THE HEAD OF ADMINISTRATION AND THE DIRECTOR OF FINANCE, SERVING TO BOLSTER THE IMPLEMENTATION OF THE CONFLICT OF INTEREST POLICY. TO ENSURE TRANSPARENCY AND ACCOUNTABILITY AMONG ITS MEMBERS, THE BOARD OF TRUSTEES HAS ESTABLISHED A PROCESS FOR REPORTING AND ADDRESSING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION INCREASES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, WERE DISCUSSED DURING BOARD MEETINGS. PREVIOUS YEAR INCREASES IN COMPENSATION AND CURRENT YEAR EVALUATIONS WERE EXAMINED, AND A REASONABLE INCREASE IN COMPENSATION FOR THE CURRENT YEAR WAS APPROVED BY THE BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE BYLAWS ARE ALSO AVAILABLE ON THE SCHOOL'S WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY EXCHANGE -11,841.