2025-05-01T16:15:41-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 141413770 MILLBROOK SCHOOL MILL 8456778261 131 MILLBROOK SCHOOL ROAD MILLBROOK NY 12545 JEFFREY SMITH CFO/COO 8456778261 2025-01-16 1 1 JOHN TOSCANO P00358542 8605614000 2025-03-25 2023 2025-03-06 01:10:19Z JONATHAN DOWNS 131 MILLBROOK SCHOOL ROAD MILLBROOK NY 12545 50394611 0 X WWW.MILLBROOK.ORG X 1932 NY MILLBROOK SCHOOL IS A COEDUCATIONAL, COLLEGE PREPARATORY SCHOOL WHICH OFFERS COLLEGE PREPARATORY EDUCATION TO ITS BOARDING AND DAY STUDENTS. 28 27 203 27 59 0 7918809 7114107 24446984 25468364 536994 2689251 400225 413261 33303012 35684983 5211013 5337001 0 0 13319753 14022559 20437 19407 2462114 14466352 14456073 33017555 33835040 285457 1849943 166052069 171991768 34467226 33133963 131584843 138857805 IN A COMMUNITY WHERE EVERY STUDENT IS KNOWN AND NEEDED, MILLBROOK PREPARES ITS STUDENTS FOR COLLEGE AND LIVES OF MEANING AND CONSEQUENCE BY INSTILLING THE VALUES OF RESPECT, INTEGRITY, STEWARDSHIP, SERVICE AND CURIOSITY. 0 0 25888633 5337001 25802029 INDEPENDENT SECONDARY EDUCATION FOR APPROXIMATELY 330 BOARDING AND DAY STUDENTS. 25888633 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 1 167 0 1 203 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X JEFFREY SMITH 8456778261 131 MILLBROOK SCHOOL ROAD MILLBROOK NY 12545 JONATHAN DOWNS HEAD OF SCHOOL 40.00 X X 356785 0 135238 WILLIAM MENARD CHAIRMAN 1.00 X X 0 0 0 PAUL SOLOMON VICE CHAIRMAN 1.00 X X 0 0 0 PETER R CHAPMAN SECRETARY 1.00 X X 0 0 0 RICHARD STUCKEY TREASURER (UNTIL 05/24) 1.00 X X 0 0 0 JOHN TUKE TREASURER (AS OF 01/24) 1.00 X X 0 0 0 J'NELLE N AGEE TRUSTEE 1.00 X 0 0 0 SAMANTHA BOARDMAN TRUSTEE 1.00 X 0 0 0 FRANCISCO L BORGES TRUSTEE 1.00 X 0 0 0 THOMAS BUTTACAVOLLI TRUSTEE (AS OF 01/24) 1.00 X 0 0 0 STEPHEN CLEMENT III TRUSTEE 1.00 X 0 0 0 KELLY MACALUSO COLES TRUSTEE 1.00 X 0 0 0 TREVOR COLHOUN TRUSTEE 1.00 X 0 0 0 MORGAN CONRAD TRUSTEE 1.00 X 0 0 0 CONSTANTINE DAKOLIAS TRUSTEE 1.00 X 0 0 0 KATHLEEN DILL TRUSTEE 1.00 X 0 0 0 PHILIP DRURY TRUSTEE (AS OF 05/24) 1.00 X 0 0 0 CHRISTOPHER HOLBROOK TRUSTEE 1.00 X 0 0 0 THEODORE KARATZ TRUSTEE 1.00 X 0 0 0 ALISON J MARSAL TRUSTEE 1.00 X 0 0 0 GORDON PENNOYER TRUSTEE 1.00 X 0 0 0 STEVE RODGERS TRUSTEE 1.00 X 0 0 0 GILBERT P SCHAFER III TRUSTEE 1.00 X 0 0 0 LISA SELZ TRUSTEE 1.00 X 0 0 0 PAUL SIMONS TRUSTEE 1.00 X 0 0 0 WILLIAM SOUDER TRUSTEE (UNTIL 05/24) 1.00 X 0 0 0 PAUL STAFFORD TRUSTEE 1.00 X 0 0 0 CHARLOTTE TRACY TRUSTEE 1.00 X 0 0 0 JAMES VITIELLO TRUSTEE 1.00 X 0 0 0 CAROLINE A WAMSLER TRUSTEE 1.00 X 0 0 0 JEFFREY SMITH CFO/COO 40.00 X 216372 0 79704 ROBERT ANTHONY ASST TO THE HOS FOR EXTERN 40.00 X 152585 0 40704 JARRATT CLARKE ASSISTANT HOS FOR ACADEMIC 40.00 X 121471 0 54852 HAJNALKA COON CONTROLLER 40.00 X 111274 0 77104 NANCY STAHL DIRECTOR OF PHILANTHROPY FOR TREVOR ZOO 40.00 X 199599 0 45216 ALAN TOUSIGNANT DIRECTOR OF THE TREVOR ZOO 40.00 X 120076 0 65061 1278162 0 497879 16 0 1 0 UCE FINE BULDERS INC 11 THOMASTON RD LITCHFIELD CT 06759 CONSTRUCTION SERVICES 5407862 ARAMARK SERVICES CORPORATION PO BOX 978839 DALLAS TX 75397 FOOD SERVICE 2188923 CONSIGLI CONSTRUCTION CO INC 72 SUMNER STREET MILFORD MA 01757 CONSTRUCTION SERVICES 1418583 LCS COMPANIES INC 36 COTTAGE ST POUGHKEEPSIE NY 12601 CLEANING SERVICE 742248 SLAM ARCHITECTS & ENGINEERS P C PO BOX 35 BRATTLEBORO VT 05302 ARCHITECTURAL SERVICES 683518 23 61499 7052608 1182075 7114107 TUITION AND FEES 611110 25139500 25139500 PROGRAM SUPPORTING REVENUES 611110 328864 328864 25468364 2196581 59 2196522 28019 0 28019 28019 28019 14848019 1300 14356649 0 491370 1300 492670 492670 467811 352979 114832 114832 AUXILIARY REVENUE 611110 270410 218833 51577 270410 35684983 25802029 59 2768788 30000 30000 5307001 5307001 715304 71531 422744 221029 171538 171538 9372338 6171920 2070238 1130180 644435 431244 138357 74834 2409966 1872256 349930 187780 708978 446656 170155 92167 9208 9208 71962 71962 19407 19407 170568 170568 77731 13950 59781 4000 51257 27731 18971 4555 3418348 3004969 321619 91760 765608 765608 3576757 2503730 894189 178838 598367 538530 59837 FOOD SERVICE 1989558 1989558 INSTRUCTIONAL, ATHLETIC 1412355 1412355 ALUMNI, PUBLICATIONS AN 489439 97888 391551 FACULTY AND INSTRUCTION 293197 293197 0 1531718 836859 628846 66013 33835040 25888633 5484293 2462114 5804573 955148 6106858 7652685 3979153 2199042 124734 77298 221886 192284 1090797 1341923 132553291 48357054 81546570 84196237 18420052 29054981 48259236 46088581 498210 233589 166052069 171991768 2728885 1914872 7400631 7186962 24288014 23989315 49696 42814 34467226 33133963 X 94579510 99133765 37005333 39724040 131584843 138857805 166052069 171991768 X 1849943 5453108 -30089 X 0 1 X 1 0 X 6989773 18929167 4802536 7918809 7084361 45724646 6989773 18929167 4802536 7918809 7084361 45724646 11735074 33989572 205401 263398 141829 971438 2196522 3778588 66533 132 93 267 59 67084 31823 33766 72057 51577 189223 49759541 119317320 0.68310 0.65300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 31,823. 2021 AMOUNT: $ 33,766. 2022 AMOUNT: $ 72,057. 2023 AMOUNT: $ 51,577. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63458566 2153484 7686969 1767214 843141 70688664 57650690 2007048 6202233 1805617 595788 63458566 70310675 798562 -11397992 1579420 481135 57650690 49731533 8301382 14036451 1284195 474496 70310675 49508492 1347981 481604 1158634 447910 49731533 0.47250 0.52750 0.00000 0 0 1865213 1865213 122323254 44266717 78056537 5519356 4090337 1429019 2845468 2845468 84196237 HEDGE FUND 43508763 F PRIVATE EQUITIES 2579818 F 46088581 STUDENT DEPOSITS 42814 42814 X PART V, LINE 4: INCOME FROM THE SCHOOL'S ENDOWMENT IS APPROPRIATED FOR STUDENT FINANCIAL AID, TEACHER'S SALARIES AND BENEFITS, AND OPERATING EXPENSES OF THE SCHOOL. APPROPRIATIONS ARE MADE IN ACCORDANCE WITH DONOR RESTRICTIONS, AND THE SCHOOL'S BOARD APPROVED SPENDING POLICY. PART X, LINE 2: THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024 AND 2023. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2021 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 1) ANNUALLY IN THE NEW YORK TIMES 2) CATALOGUES MAILED TO POTENTIAL STUDENTS 3) WEBSITE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED AN OPERATING GRANT FOR THE TREVOR ZOO FROM THE STATE OF NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTING 1308427 0 0 0 0 0 0 1308427 0 1308427 1 0 0 0 1 0 PART I, LINE 3: THE INVESTMENTS LISTED IN PART I ARE PART OF THE SCHOOL'S ENDOWMENT FUND. X X X X X X 1 RON JOYCE 309 OAKWOOD DRIVE YARMOUTH ME 04096 CONSULTING 0 0 19407 0 19407 NY 1 TOWN OF STANDFORDVILLE 26 TOWN HALL ROAD STANDFORDVILLE NY 12581 TOWN STANDFORDVILLE 20000 0 N/A N/A DONATION STANFORD FIRE COMPANY PO BOX 437 STANDFORDVILLE NY 12581 222495157 501(C)(3) 7500 0 N/A N/A DONATION 2 0 FINANCIAL AID TO STUDENTS 90 0 5307001 FAIR VALUE GRANTS REPRESENT FINANCIAL AID PROVIDED TO STUDENTS BASED UPON NEED. PART I, LINE 2: FINANCIAL AID IS OFFERED TO QUALIFIED STUDENTS ON THE BASIS OF THE DEMONSTRATED FINANCIAL NEED OF THE FAMILY AND THE AVAILABILITY OF FUNDS. THE SCHOOL USES CLARITY TO ASSESS A FAMILY'S FINANCIAL NEED BY TAKING THE DETAILED FINANCIAL INFORMATION SUPPLIED BY THE FAMILY AND APPLYING IT TO A FORMULA NATIONALLY ACCEPTED BY INDEPENDENT SCHOOLS. CLARITY THEN PREPARES A REPORT OF FAMILY CONTRIBUTION (RFC), WHICH IT SENDS TO THE SCHOOL WITH ITS RECOMMENDATION AS TO THE AMOUNT WHICH THE FAMILY CAN CONTRIBUTE TOWARD THEIR CHILD'S EDUCATION. THE SCHOOL'S FINANCIAL AID COMMITTEE WILL USE THIS RECOMMENDATION AS A STARTING POINT FOR DETERMINING A FAMILY'S AWARD, BEARING IN MIND THAT THERE ARE MANY SPECIAL CONDITIONS SURROUNDING EACH FAMILY'S FINANCIAL SITUATION. THE FINANCIAL AID COMMITTEE ALSO TAKES INTO ACCOUNT A FAMILY'S STRENGTH RELATIVE TO ALL OF THE FAMILIES WHO ARE APPLYING FOR AID AS WELL AS THE AVAILABILITY OF FUNDS WHICH THE SCHOOL HAS BUDGETED FOR THS PURPOSE. X X X 0 0 X X X 0 0 0 0 0 0 0 0 0 JONATHAN DOWNS HEAD OF SCHOOL 338590 0 0 0 18195 0 35311 0 99927 0 492023 0 0 0 JEFFREY SMITH CFO/COO 214794 0 0 0 1578 0 17832 0 61872 0 296076 0 0 0 NANCY STAHL DIRECTOR OF PHILANTHROPY FOR TREVOR 199599 0 0 0 0 0 20590 0 24626 0 244815 0 0 0 ROBERT ANTHONY ASST TO THE HOS FOR EXTERN 150026 0 0 0 2559 0 15663 0 25041 0 193289 0 0 0 HAJNALKA COON CONTROLLER 111274 0 0 0 0 0 12344 0 64760 0 188378 0 0 0 ALAN TOUSIGNANT DIRECTOR OF THE TREVOR ZOO 117976 0 0 0 2100 0 12507 0 52554 0 185137 0 0 0 JARRATT CLARKE ASSISTANT HOS FOR ACADEMIC 121471 0 0 0 0 0 12687 0 42165 0 176323 0 0 0 PART I, LINE 1A FACULTY MEMBERS AND OTHER EMPLOYEESS THAT RECEIVE HOUSING ARE REQUIRED TO RESIDE ON CAMPUS AS A CONDITON OF EMPLOYMENT. HOUSING IS AVAILABLE BASED ON AVAILABILITY. THE VALUE OF SCHOOL HOUSING PROVIDED FOR THIS PURPOSE MEETS THE REQUIREMENT FOR TAX EXEMPTION UNDER IRC SECTION 119, AND ACCORDINGLY, IS INCLUDED IN NON-TAXABLE BENEFITS. THE FOLLOWING INDIVIDUALS, LISTED ON PART II, RECEIVED HOUSING: JONATHAN DOWNS, JEFFREY SMITH, ALAN TOUSIGNANT, AND JARRATT CLARKE. IN ADDITION, PER THE TERMS OF THE EMPLOYMENT AGREEMENTS THE FOLLOWING BENEFITS ARE AVAILABLE AND INCLUDED AS OTHER REPORTABLE COMPENSATION: A) A VEHICLE AVAILABLE FOR PERSONAL USE, RECEIVED BY JONATHAN DOWNS B) MEMBERSHIP TO SOCIAL CLUBS (PAID FOR DIRECTLY BY THE SCHOOL), RECEIVED BY JONATHAN DOWNS, JEFFREY SMITH, AND ROBERT ANTHONY. A DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 273106797 267045PE6 2021-08-31 25005587 CONSTRUCTION OF PROJECTS AND REFUNDING SERIES 2013 BONDS. 0 0 0 A 525000 22315000 15008541 323378 9082467 111874 479326 2024 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, SCHEDULE K, PART I, LINE A(E) AND PART II, LINE 3A: THE DIFFERENCE BETWEEN THE ISSUE PRICE IN PART I, LINE A(E) AND THE TOTAL PROCEEDS FROM ISSUE REPRESENTS THE NET ORIGINAL ISSUE PREMIUM OF $2,690,587. ERIN DOWNS SPOUSE OF THE HEAD OF SCHOOL 84537 COMPENSATION AS THE SENIOR ASSOCIATE DIRECTOR OF COLLEGE COUNSELING 0 SARAH MACWRIGHT SPOUSE OF THE CFO/COO 87001 COMPENSATION AS THE PHOTOGRAPHY INSTRUCTOR 0 X 17 1182075 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS INCLUDED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE CONSISTING OF AT LEAST FIVE MEMBERS OF THE BOARD OF TRUSTEES, ONE OF WHOM SHALL BE THE CHAIR OF THE BOARD. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE, AND MAY EXERCISE, ALL POWERS OF THE BOARD OF TRUSTEES, EXCEPT THE POWERS OF MAKING REMOVALS FROM OFFICE AND CHANGING THE BY-LAWS OF THE CORPORATION, OR ANY ACTION PROHIBITED BY APPLICABLE LAW. MINUTES OF EACH MEETING ARE MAINTAINED, AND ANY ACTIONS TAKEN BY THE EXECTUTIVE COMMITTEE ARE REPORTED BY THE CHAIR OF THE BOARD OF TRUSTEES AT THE NEXT MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW BY THE AUDIT COMMITTEE, THE ENTIRE FORM 990, EXCEPT FOR SCHEDULE B, IS PROVIDED TO THE FULL BOARD THROUGH THE BOARD PORTAL FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. SCHEDULE B IS NOT PROVIDED IN ORDER TO PROTECT THE PRIVACY OF THE SCHOOL'S DONORS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE SCHOOL SENDS TO EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE A QUESTIONNAIRE ON ANY CONFLICTS OF INTEREST. ALL OTHER EMPLOYEES ARE MADE AWARE OF THE POLICY, AND ENCOURAGED TO DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL IS APPROVED BY THE BOARD OF TRUSTEES. IT IS GENERALLY BASED ON A REVIEW OF COMPENSATION PACKAGES OFFERED BY SIMILAR SCHOOLS IN THE AREA. THIS PROCESS WAS LAST UNDERTAKEN IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -30,089. MILLBROOK GRAMERCY HOLDINGS LLC 131 MILLBROOK SCHOOL RD MILLBROOK NY 12545 814880573 INVESTMENTS NY 0 0 MILLBROOK SCHOOL