2025-05-06T15:42:25-05:00 2024-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2023-07-01 042130844 BROOKS SCHOOL BROO 9787256300 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 9787256300 2025-05-05 1 1 BRENDA L BOOTH P01342395 6178075000 2025-05-05 2023 2025-03-06 01:10:19Z JOHN PACKARD 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 47851234 0 X WWW.BROOKSSCHOOL.ORG X 1926 MA BROOKS SCHOOL IS A COLLEGE PREPARATORY SCHOOL THAT SEEKS TO PROVIDE THE MOST MEANINGFUL EDUCATIONAL EXPERIENCE OUR STUDENTS WILL HAVE IN THEIR LIVES. 27 26 356 100 5040 0 14972120 6216684 25889082 27225063 1610491 4026701 265701 937325 42737394 38405773 6615526 6886100 0 0 15949424 16916076 0 0 1753808 16256305 17044891 38821255 40847067 3916139 -2441294 210365049 218172626 52050813 50052681 158314236 168119945 BROOKS SCHOOL IS A COLLEGE PREPARATORY SCHOOL THAT SEEKS TO PROVIDE THE MOST MEANINGFUL EDUCATIONAL EXPERIENCE OUR STUDENTS WILL HAVE IN THEIR LIVES. 0 0 30547366 6886100 24860320 SECONDARY EDUCATION COLLEGE PREPARATORY SCHOOL FOR APPROXIMATELY 250 BOARDING AND 100 DAY STUDENTS WITH EDUCATIONAL AND AUXILIARY SCHOOL ACTIVITIES. 1529870 2364743 SUMMER PROGRAMS: YOUTH-DEVELOPMENT FOCUSED SUMMER CAMP FOR APPROXIMATELY 400 CAMPERS PER WEEK FOR EIGHT WEEKS, AGES FOUR TO FOURTEEN. TEEN LEADERSHIP PROGRAM FOR APPROXIMATELY 70 TEENAGERS PER WEEK FOR EIGHT WEEKS. SIX-WEEK ACADEMIC SUMMER SCHOOL FOR STUDENTS IN GRADES SEVEN THROUGH TWELVE. 32077236 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 95 0 1 356 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X PAUL GRIFFIN CFO 9787256213 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 JOHN R PACKARD JR HEAD OF SCHOOL 50.00 X X 468417 0 110064 JOHN R BARKER PRESIDENT 2.00 X X 0 0 0 CRISTINA E ANTELO VICE PRESIDENT 2.00 X X 0 0 0 WHITNEY ROMOSER SAVIGNANO VICE PRESIDENT 2.00 X X 0 0 0 CRAIG J ZIADY SECRETARY 2.00 X X 0 0 0 VALENTINE HOLLINGSWORTH III TREASURER 2.00 X X 0 0 0 PETER J CALDWELL TRUSTEE 2.00 X 0 0 0 CHARLES F CORNISH TRUSTEE 2.00 X 0 0 0 CATALINA DIB TRUSTEE 2.00 X 0 0 0 PETER VK DOYLE TRUSTEE 2.00 X 0 0 0 CHERYL M DUCKWORTH TRUSTEE 2.00 X 0 0 0 ANTHONY H EVERETS TRUSTEE 2.00 X 0 0 0 NANCY C FERRY TRUSTEE 2.00 X 0 0 0 PHILLIP W FIELD TRUSTEE 2.00 X 0 0 0 JULIA SALTONSTALL HALEY TRUSTEE 2.00 X 0 0 0 PAUL L HALLINGBY TRUSTEE 2.00 X 0 0 0 KEVIN R HENDRICKSON TRUSTEE 2.00 X 0 0 0 BOOTH D KYLE TRUSTEE 2.00 X 0 0 0 DIANA MERRIAM TRUSTEE 2.00 X 0 0 0 SALLY T MILLIKEN TRUSTEE 2.00 X 0 0 0 SUNIT MUKHERJEE TRUSTEE 2.00 X 0 0 0 VIVEK SHARMA TRUSTEE 2.00 X 0 0 0 JULIANE GARDNER SPENCER TRUSTEE 2.00 X 0 0 0 ISABELLA SPEAKMAN TIMON TRUSTEE 2.00 X 0 0 0 ALESSANDRO F UZIELLI TRUSTEE 2.00 X 0 0 0 MEREDITH M VERDONE TRUSTEE 2.00 X 0 0 0 CHRISTOPHER T WOODS TRUSTEE 2.00 X 0 0 0 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 50.00 X 298637 0 61192 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 50.00 X 211011 0 88260 NINA HANLON ASSISTANT HEAD OF SCHOOL 50.00 X 189461 0 87898 SUSANNA WATERS ASSOC. HEAD OF SCHOOL FOR ACADEMICS 50.00 X 164713 0 47868 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 50.00 X 147155 0 50817 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 50.00 X 142452 0 47309 1621846 0 493408 21 0 1 0 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICE 2168528 MJ CATALDO INC FARMSTEAD WAY LITTLETON MA 01460 CONSTRUCTION 1335768 PRO'S EDGE QUALITY HOMES LLC 27 PILLSBURY STREET GEORGETOWN MA 01833 HOME MANUFACTURER 1069194 CE FLOYD CO INC 135 SOUTH ROAD BEDFORD MA 01730 CONSTRUCTION 1019785 PROFESSIONAL BUILDING SYSTEMS INC 72 EAST MARKET STREET MIDDLEBURG PA 17842 HOME MANUFACTURER 720000 19 6216684 421761 6216684 TUITION AND FEES 611110 24860320 24860320 SUMMER PROGRAMS 611110 2364743 2364743 27225063 576940 6148 570792 12895222 9014387 431074 3880835 -431074 3449761 -1108 3450869 OTHER REVENUE 900099 937325 937325 937325 38405773 27225063 5040 4958986 6886100 6886100 948716 872819 66410 9487 11967499 7368134 3696955 902410 1242970 694224 443000 105746 1846358 1420733 312440 113185 910533 602115 246055 62363 54673 54673 84846 84846 625586 625586 762266 619558 113420 29288 190105 249 154771 35085 56380 5351 39803 11226 408863 264515 108958 35390 1551723 1439552 98150 14021 172071 58514 75994 37563 345550 28890 39027 277633 813272 748210 56929 8133 5584686 5137911 390928 55847 525639 484143 36309 5187 FOOD & DIETARY 1922528 1918923 3605 REPAIRS & MAINTENANCE 1393301 1273615 106031 13655 EDUCATIONAL ACTIVITIES 1339063 1292890 46000 173 ATHLETICS 564840 564840 649499 395950 216133 37416 40847067 32077236 7016023 1753808 1119634 581643 15522185 13332366 4071428 3317313 9493797 10325362 888418 853920 160855777 77691370 83876726 83164407 4122036 4667431 88581885 99038936 2688940 2891248 210365049 218172626 2288098 974508 20576283 20994352 28539841 27427785 646591 656036 52050813 50052681 X 72868269 76759171 85445967 91360774 158314236 168119945 210365049 218172626 X -2441294 12059709 187294 X 0 1 X 1 0 X 4113138 6235706 9865941 14972120 6216684 41403589 4113138 6235706 9865941 14972120 6216684 41403589 6409808 34993781 663100 412422 567012 596198 570792 2809524 73474 66508 139982 265701 937325 1203026 45556121 123800026 0.76810 0.63070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 98840185 945163 17117484 3953607 625586 112323639 89140670 845936 13247474 3673740 720155 98840185 101945743 1359204 -10001526 3506932 655819 89140670 80128010 1415108 24538792 3480400 655767 101945743 81919176 393409 1206525 2818004 573096 80128010 0.24400 0.75600 0.00000 0 0 2440626 2440626 110291281 53793876 56497405 36126155 14973504 21152651 11335192 8923990 2411202 662523 662523 83164407 DOMESTIC EQUITIES AND MUTUAL FUNDS 35777388 F GLOBAL EQUITY 17089810 F INTERNATIONAL EQUITY 5373395 F PRIVATE EQUITY 13261515 F FLEXIBLE CAPITAL 27529943 F PRIVATE REAL ESTATE 6885 F 99038936 SPLIT INTEREST AGREEMENT OBLIGATION 656036 656036 X 43141090 12059709 -6698806 5360903 37780187 625586 625586 38405773 33335381 0 33335381 625586 6886100 7511686 40847067 PART III, LINE 1A: THE SCHOOL DOES NOT RECOGNIZE OR CAPITALIZE WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD AS PART OF A COLLECTION FOR EDUCATION, RESEARCH OR EXHIBITION PURPOSES RATHER THAN FOR SALE OR FINANCIAL GAIN. PART III, LINE 4: COLLECTIONS OF PHOTOGRAPHS BY VARIOUS ARTSTS (IE. ERNEST WITHERS AND BILL FERRIS) AND VARIOUS PAINTINGS (MOST NOTABLY A COLLECTION OF PAINTINGS BY ANDY WARHOL) ARE CO-OWNED BY BROOKS SCHOOL AND WILLIAMS COLLEGE. PART OF THE SCHOOL'S EDUCATIONAL PROGRAMS INCLUDE THE STUDY OF THESE ARTISTS. PART V, LINE 4: THE INTENDED USE OF THE SCHOOL'S ENDOWMENT FUNDS ARE FOR EDUCATIONAL AND SPECIAL PROGRAMS, FINANCIAL AID, PLANT MAINTENANCE AND GENERAL PURPOSES. PART X, LINE 2: IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. HOWEVER, THE SCHOOL DOES INCUR FEDERAL AND STATE INCOME TAX ON UNRELATED BUSINESS INCOME. IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SCHOOL APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. THE SCHOOL BELIEVES ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS. AS OF JUNE 30, 2024, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY SUBJECT TO EXAMINATION BY TAXING JURISDICTIONS FOR THE PRIOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT-INTEREST AGREEMENT 187,294. FINANCIAL AID -6,886,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,886,100. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 BROOKS SCHOOL DISPLAYS A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS HOME PAGE AND ADMISSIONS PAGE OF ITS WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 8541399 0 0 0 0 0 0 8541399 0 8541399 0 0 1 1 1 0 PART I, LINE 3: THE LISTED INVESTMENTS RELATE TO HOLDINGS IN THE SCHOOL'S ENDOWMENT FUND. 1 FINANCIAL AID AWARDS 136 6759534 FMV CREDIT TO STUDENT ACCOUNTS FINANCIAL ASSISTANCE 37 126566 PART I, LINE 2: FINANCIAL AID AWARDS ARE GRANTED TO QUALIFIED STUDENTS ON THE BASIS OF NEED AS DETERMINED BY THE SCHOOL AND STUDENT SERVICES FOR FINANCIAL AID (SSS) OF PRINCETON, NEW JERSEY. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JOHN R PACKARD JR HEAD OF SCHOOL 468060 0 0 0 357 0 36600 0 73464 0 578481 0 0 0 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 298280 0 0 0 357 0 34174 0 27018 0 359829 0 0 0 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 210820 0 0 0 191 0 24455 0 63805 0 299271 0 0 0 NINA HANLON ASSISTANT HEAD OF SCHOOL 189378 0 0 0 83 0 17984 0 69914 0 277359 0 0 0 SUSANNA WATERS ASSOC. HEAD OF SCHOOL FOR ACADEMICS 164630 0 0 0 83 0 17868 0 30000 0 212581 0 0 0 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 147058 0 0 0 97 0 16834 0 33983 0 197972 0 0 0 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 142327 0 0 0 125 0 17382 0 29927 0 189761 0 0 0 PART I, LINE 1A CERTAIN INDIVIDUALS ARE REQUIRED TO RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT. 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: JOHN R. PACKARD, JR., GAGE DOBBINS, NINA HANLON, AND SUSANNA WATERS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2020-01-01 37743720 REFINANCE AND CONSTRUCTION/RENOVATION OF BUILDINGS 0 0 0 A 9993749 37743720 392909 37350811 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 0 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2024 X 24 421761 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN (B) OF SCHEDULE M REPRESENTS THE NUMBER OF CONTRIBUTIONS OF EACH ITEM. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE FULL FORM 990 WITH THE EXCEPTION OF SCHEDULE B AND THEN RECOMMENDS APPROVAL TO THE FULL BOARD OF TRUSTEES. THE DISCLOSURES ON SCHEDULE B ARE DISCUSSED WITH THE AUDIT COMMITTEE BY MANAGEMENT BUT THE FORM ITSELF IS NOT PROVIDED DUE TO THE SENSITIVITY OF DONORS' PERSONAL INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO THE SIGNED ANNUAL CONFLICT OF INTEREST POLICY, PRIOR TO THE START OF DISCUSSION OR NEGOTIATION OF FINANCIAL MATTERS, TRUSTEES AND EMPLOYEES ARE EXPECTED TO MAKE FULL DISCLOSURE OF ANY DUAL INTEREST IN A PROPOSED TRANSACTION. A TRUSTEE OR EMPLOYEE WITH A DUAL INTEREST IN A PROPOSED TRANSACTION SHALL NOT VOTE ON THE MATTER AND DEPENDING ON THE CIRCUMSTANCES, MAY BE EXCLUDED FROM ANY DISCUSSION OF THE MATTER. THE BUSINESS OFFICE REGULARLY MONITORS ITS CONTRACTS AND CASH DISBURSEMENTS TO DETERMINE IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH ANY PERSON COVERED BY THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE HEAD OF SCHOOL IS APPROVED BY THE BOARD OF TRUSTEES. OTHER KEY EMPLOYEES ARE DETERMINED BY THE HEAD OF SCHOOL, JOHN PACKARD. AS PART OF THE PROCESS, COMPENSATION IS BASED ON COMPARABILITY DATA FOR SIMILAR POSITIONS WITH SIMILAR ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS IS HELD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS PUBLISHED ON THE GUIDESTAR WEBSITE AND IS ACCESSIBLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENT 187,294. CHARITABLE GIFT ANNUITIES (7) TRUST MA BROOKS SCHOOL T 1 CHARITABLE UNITRUST (2) TRUST MA BROOKS SCHOOL T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0