2023-04-26T11:37:29-05:00 2022-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2021-07-01 042130844 BROOKS SCHOOL BROO 9787256300 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 9787256300 2023-04-18 1 PAUL GRIFFIN 999009999 BRENDA L BOOTH P01342395 6177610600 2023-04-18 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOHN PACKARD 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 38634017 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 26 336 100 116278 13695 6235706 9865941 22328883 24659348 6807037 2668675 23492 0 35395118 37193964 6196251 6195275 0 0 13149744 14444001 0 0 1472251 14075175 15132024 33421170 35771300 1973948 1422664 203514753 196716400 49231832 54292341 154282921 142424059 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 26049090 6195275 22931708 SECONDARY EDUCATION COLLEGE PREPARATORY SCHOOL FOR BOARDING AND DAY STUDENTS WITH EDUCATIONAL AND AUXILIARY SCHOOL ACTIVITIES. 1146095 1727640 SUMMER PROGRAMS: YOUTH-DEVELOPMENT FOCUSED SUMMER CAMP FOR APPROXIMATELY 300 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. 27195185 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 85 0 1 336 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 STEVEN R GORHAM PRESIDENT 5.00 X X 0 0 0 JOHN R BARKER 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 3.00 X X 0 0 0 CRISTINA E ANTELO TRUSTEE 2.00 X 0 0 0 IRIS BONET TRUSTEE 2.00 X 0 0 0 PETER J CALDWELL TRUSTEE 2.00 X 0 0 0 WJ PATRICK CURLEY III 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 SHAWN GORMAN TRUSTEE 2.00 X 0 0 0 PAUL L HALLINGBY 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 BRIAN MCCABE TRUSTEE 2.00 X 0 0 0 SALLY T MILLIKEN TRUSTEE 2.00 X 0 0 0 DANIEL J RICCIO TRUSTEE 2.00 X 0 0 0 BELISARIO A ROSAS TRUSTEE 2.00 X 0 0 0 JULIANE GARDNER SPENCER 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 JOHN R PACKARD JR HEAD OF SCHOOL 50.00 X X 423571 0 108825 VIVEK SHARMA 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 264009 0 61590 JOHN MCVEIGH ASSOCIATE HEAD OF SCHOOL FOR FACULTY 50.00 X 133162 0 86580 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 50.00 X 185980 0 80862 LAWRENCE CALLAHAN DIRECTOR OF COMMUNICATIONS 50.00 X 134255 0 83613 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 50.00 X 135054 0 55107 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 50.00 X 133595 0 48293 1409626 0 524870 18 0 1 0 CONSIGLI CONSTRUCTION CO 72 SUMNER STREET MILFORD MA 01757 CONSTRUCTION 3393708 MJ CATALDO INC PO BOX 1343 LITTLETON MA 01460 CONSTRUCTION 2206887 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICE 1874182 KISTLER & KNAPP BUILDERS INC 916 MAIN STREET ACTON MA 01720 CONSTRUCTION 1154763 CONNOLLY BROTHERS INC 152 CONANT STREET BEVERLY MA 01915 CONSTRUCTION 688853 18 9865941 742641 9865941 TUITION AND FEES 611110 22330600 22330600 SUMMER PROGRAMS 611110 1727640 1727640 601108 601108 24659348 668044 101032 567012 3440684 1125800 314253 2314884 -314253 2000631 15246 1985385 37193964 24659348 116278 2552397 6195275 6195275 752033 752033 10213490 7138082 2358364 717044 1081796 696467 302613 82716 1648549 1322238 233418 92893 748133 529883 168833 49417 133762 133762 87300 87300 655819 655819 246824 6656 219122 21046 295655 180104 82875 32676 2340884 2054674 250620 35590 94539 50835 24591 19113 340220 22919 16737 300564 699962 699962 4757035 4328902 380563 47570 442229 2201 440028 FOOD & DIETARY 1751297 1748659 2638 0 EDUCATIONAL ACTIVITIES 1153633 1120515 33019 99 REPAIRS & MAINTENANCE 937379 872038 57423 7918 SUPPLIES 266644 226110 27502 13032 928842 699627 176642 52573 35771300 27195185 7103864 1472251 15949137 17582542 5978163 4847690 4191 7713 8722895 8347483 650084 1426929 145813056 67476607 72897019 78336449 8608790 6229518 87707930 77394773 2996544 2543303 203514753 196716400 1850986 2016491 18073607 19077539 28454959 32475620 10654 0 841626 722691 49231832 54292341 X 68544567 65493992 85738354 76930067 154282921 142424059 203514753 196716400 X 1422664 -12984454 -297072 X 0 1 X 1 0 X 7408257 4279744 4113138 6235706 9865941 31902786 7408257 4279744 4113138 6235706 9865941 31902786 7213375 24689411 989812 716442 663100 412422 567012 3348788 22218 72583 0 0 73474 168275 35419849 118184485 0.69710 0.60470 X FORM 990, SCHEDULE A, PART I, LINE 7: THE BASIS OF BROOKS SCHOOL'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170 (B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 101945743 1359204 -10001526 3506932 655819 89140670 80128010 1415108 24538792 3480400 655767 101945743 81919176 393409 1206525 2818004 573096 80128010 80638598 1024542 3621177 2648582 716559 81919176 76915046 2052226 5002642 2689642 641674 80638598 0.25000 0.75000 0.00000 0 0 2440628 2440628 96907059 47704754 49202305 24939209 11679899 13259310 9841472 8091954 1749518 11684688 11684688 78336449 INTERNATIONAL AND GLOBAL EQUITY 15705032 F DOMESTIC EQUITIES AND MUTUAL FUNDS 28773582 F PRIVATE EQUITY 12466883 F PRIVATE REAL ESTATE 146874 F FLEXIBLE CAPITAL 20302402 F 77394773 SPLIT-INTEREST AGREEMENT OBLIGATION 691802 CAPITAL LEASE OBLIGATION 30889 722691 X 17061344 -12984454 -297072 -13281526 30342870 655819 6195275 6851094 37193964 28920206 0 28920206 655819 6195275 6851094 35771300 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, 2022, 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 -307,064. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 9,992. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 6,195,275. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 6,195,275. 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 3885278 0 0 0 0 0 0 3885278 0 3885278 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 FINANCIAL AID AWARDS 121 5481994 FMV CREDIT TO STUDENT ACCOUNTS TUITION REMISSION - FA FOR FACULTY STUDENTS 11 574750 FMV CREDIT TO STUDENT ACCOUNTS FINANCIAL ASSISTANCE 40 138531 0 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 X 0 0 0 0 0 0 0 0 0 JOHN R PACKARD JR HEAD OF SCHOOL 423157 0 0 0 414 0 34800 0 74025 0 532396 0 0 0 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 263235 0 0 0 774 0 32298 0 29292 0 325599 0 0 0 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 185566 0 0 0 414 0 23142 0 57720 0 266842 0 0 0 JOHN MCVEIGH ASSOCIATE HEAD OF SCHOOL FOR FACULTY 132892 0 0 0 270 0 17166 0 69414 0 219742 0 0 0 LAWRENCE CALLAHAN DIRECTOR OF COMMUNICATIONS 133841 0 0 0 414 0 16949 0 66664 0 217868 0 0 0 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 134874 0 0 0 180 0 16636 0 38471 0 190161 0 0 0 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 133415 0 0 0 180 0 16915 0 31378 0 181888 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDES ON-CAMPUS HOUSING FOR THE HEAD OF SCHOOL, ADMINISTRATIVE AND FACULTY MEMBERS. JOHN PACKARD, JR., $36,000 JOHN MCVEIGH, $30,000 LAWRENCE CALLAHAN, $30,000 GAGE DOBBINS, $24,000 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2020-01-01 37743720 REFINANCE AND CONSTRUCTION/RENOVATION OF BUILDINGS 0 0 0 A 37743720 392909 37350811 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 X 35 742641 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 -307,064. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 9,992. CHARITABLE GIFT ANNUITIES (10) 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