2021-01-11T06:30:57-06:00 2020-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2019-07-01 020223317 Brewster Academy BREW 6035697105 80 Academy Drive Wolfeboro NH 03894 Robert Mueller Treasurer 6035697105 2020-12-09 1 Barbara J McGuan CPA P00219457 2077752387 2020-12-09 2019 2022-09-23 18:48:47Z Craig Gemmell 80 Academy Drive Wolfeboro NH 03894 30372928 0 X www.brewsteracademy.org X 1887 NH To provide education to residential and day students. 23 23 290 45 62265 0 3319375 4694670 24270784 24177490 -1636767 354493 461140 540598 26414532 29767251 5221574 5825206 0 0 12001831 12558347 0 0 1352568 8907146 8033280 26130551 26416833 283981 3350418 67340603 70295249 24003545 24025597 43337058 46269652 An independent college preparatory school which provides students with the academic, personal, and social skills necessary for success in a university or college, and for life. 0 0 21087762 5825206 22854011 Brewster Academy is a private high school that enrolls both boarding and day students. In addition to a broad educational curriculum, the school provides an extensive athletic program. The Brewster program is designed to meet students at their current level of performance and accelerate them in their mastery of skills and knowledge, ensuring that graduates are prepared for the challenges of college and careers and the skills needed for success in the 21st century. 672827 1323479 The Summer Program featured remote educational programs and conferences during the summer recess, including the Session and Royal Thai Scholars. 21760589 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 53 0 1 290 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Brewster Business Office 6035697105 80 Academy Drive Wolfeboro NH 03894 Roy Ballentine Chairman 3.00 X X 0 0 0 Arthur W Coviello Jr Vice Chairman 3.00 X X 0 0 0 Robert Mueller Treasurer 2.00 X X 0 0 0 Carlos Noble Secretary 2.00 X X 0 0 0 Steven Alperin Trustee 2.00 X 0 0 0 Richard Blackburn Trustee 2.00 X 0 0 0 Karen Boykin-Towns Trustee 2.00 X 0 0 0 Ronn Bronzetti Trustee 3.00 X 0 0 0 Zachary Carlile Trustee 2.00 X 0 0 0 Richard Carlson Trustee 2.00 X 0 0 0 Candace Crawshaw Trustee 2.00 X 0 0 0 James Curvey Trustee 2.00 X 0 0 0 George J Dohrmann III Trustee 2.00 X 0 0 0 Karen Fix Trustee 2.00 X 0 0 0 Gabrielle Gatta Trustee 2.00 X 0 0 0 Peter Grayson Trustee 2.00 X 0 0 0 Joan Hill Trustee 2.00 X 0 0 0 Yong Hak Huh Trustee 2.00 X 0 0 0 Derek Murphy Trustee 2.00 X 0 0 0 Ashley Pettus Trustee 2.00 X 0 0 0 Suzie Scanlon Rabinowitz Trustee 2.00 X 0 0 0 Rev Nancy Spencer Smith Trustee 2.00 X 0 0 0 Steven Webster Trustee 2.00 X 0 0 0 Craig Gemmell Head of School 60.00 X 587174 0 47815 Susan Harrington CFO 50.00 X 105048 0 12089 Kristy M Kerin Assoc. Head of School for Academics 60.00 X 174619 0 41096 Lynne M Palmer Director of External Affairs 50.00 X 142659 0 9986 Nick Wilbur Director of Admissions 50.00 X 130048 0 30135 Raylene Davis Asst Head of School 50.00 X 114682 0 19210 Peter Gilligan Chief Technology & Ops. Officer 50.00 X 108054 0 36688 1362284 0 197019 9 0 1 0 Perkins Paper LLC 630 John Hancock Rd Taunton MA 02780 Food Service 426087 Donald A Madore dba Donald A Madore 39 Oak Hill Lane Epping NH 03842 Construction 330675 Dewing Schmidt Kearns Architects & Plann 30 Monument Sq Suite 200B Concord MA 01742 Architectural Design 320471 3 4694670 10054 4694670 Tuition and Fees 611710 21350538 21350538 Summer Programs 611710 1323479 1280384 43095 Instructional Support 611710 1210630 1210630 Student Related 611710 251551 251551 Miscellaneous Revenue 611710 41292 22122 19170 24177490 352821 352821 562697 8000 563642 5383 -945 2617 1672 1672 296011 36652 259359 259359 Distribution from beneficial trus 900099 281239 281239 281239 29767251 24115225 62265 895091 5825206 5825206 752127 752127 9187277 7272994 985172 929111 559652 423271 93307 43074 1377604 1045585 243170 88849 681687 520328 111280 50079 82884 82884 47327 47327 1134357 894649 207190 32518 3898 607 3291 305092 148580 107352 49160 1002013 988193 13820 501392 383796 58763 58833 773525 699568 73957 1806314 1778431 27883 228447 228447 Equipment & Maintenance 538966 448157 67402 23407 Dining Hall 535268 512187 11969 11112 Student Related 305627 305627 Goods Held for Resale 77993 77993 690177 435417 188335 66425 26416833 21760589 3303676 1352568 X 1853320 3025464 8231186 9981556 899950 1113728 210469 3780 50192 56434 168037 176555 62931551 28059484 34307038 34872067 12158633 12128809 9461778 8936856 67340603 70295249 777745 821781 6066355 5481541 15462792 15036887 91593 88056 921142 1836200 683918 761132 24003545 24025597 X 21209080 22676284 22127978 23593368 43337058 46269652 67340603 70295249 X 3350418 213484 -631308 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 12198521 75135 439040 542061 12170635 11940461 93590 789482 625012 12198521 11303269 698485 585425 646718 11940461 10824765 96392 1082464 700352 11303269 10847178 169563 274371 466347 10824765 0.00000 0.74860 0.25140 0 0 2285479 2285479 47163684 19481446 27682238 4764087 3692879 1071208 8718301 4885159 3833142 34872067 Deferred Compensation Plans 429990 Beneficial Interest in Perpetual Trust 7479678 Charitable Gift Annuity 623281 Accrued Investment Interest Receivable 66 Property held for investment 403841 8936856 Charitable Gift Annuity 331142 Deferred Compensation Payable 429990 761132 23560873 213484 36652 250136 23310737 6456514 6456514 29767251 20628279 36652 36652 20591627 5825206 5825206 26416833 Part IV, Line 2b: The Organization has custodial fund accounts held for students. Funds are deposited in a debit account and are held on the student's behalf. Part V, Line 4: The Academy's endowment consists of funds established for a variety of purposes, including scholarships and operations. Its endowment includes donor-restricted endowment funds. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 36,652. Part XI, Line 4b - Other Adjustments: Finanical Aid Grants 5,825,206. Change in Pledge Disounting & Allowance for Pledges 32,816. Change in Beneficial Interest in Perpetual Trust 565,475. Change in Value of Charitable Gift Annuity 33,017. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 36,652. Part XII, Line 4b - Other Adjustments: Financial Aid Grants 5,825,206. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Through newspaper, television, and radio advertising, and in school literature. East Asia and the Pacific - Fundraising and Parent/Alumni relations 9158 Europe (Including Iceland & Greenland) 8 Program Services Trimesters abroad in Spain 153643 0 8 0 0 0 8 162801 0 162801 0 0 0 0 0 0 Part III Accounting Method: Schedule F, Part I, Line 3: Brewster Academy currently has 33 students from Asia and 9 students from Spain. As a result of the trip for fundraising and parent/alumni relations, Brewster Academy received $694,486 worth of contributions from sources in Asia and zero from sources in Spain. Schedule F, Part I, line 3, Column (e): Trimester abroad offerings involved trips to Santiago de Compestello, Spain in the Fall and Tenerife, Canary Islands, Spain in the Winter. Students engaged in location-specific classes and curriculum, while maintaining on-campus classes with the support of Brewster faculty who traveled for the program. Students lived with host families and engaged in numerous service-learning opportunities important to the regions. Family Weekend Auction 246911 246911 8849 Bobcat Open 49100 49100 27803 296011 296011 36652 36652 259359 1 Financial Aid 152 5825206 FMV Brewster Academy provides financial aid to students based on need Part I, Line 2: Grants and Other Assistance to Individuals - The Academy provides scholarships to students in need as a reduction in tuition. No funds are transferred to the recipients. Schedule I, Part III, Line F Brewster Academy provides financial aid to students based on need. The amount of financial aid given and the names and addresses of the recipients are on file in the business office. X X X 1 1 X X X 0 1 0 0 0 0 0 1 0 Craig Gemmell Head of School 522079 0 65095 0 0 0 19600 0 28215 0 634989 0 0 0 Kristy M Kerin Assoc. Head of School for Academics 163150 0 11469 0 0 0 13116 0 27980 0 215715 0 0 0 Lynne M Palmer Director of External Affairs 142659 0 0 0 0 0 9986 0 0 0 152645 0 0 0 Nick Wilbur Director of Admissions 115048 0 15000 0 0 0 8502 0 21633 0 160183 0 0 0 Part I, Line 1a Housing was provided to Head of School, Director of Admissions, Director of External Affairs, and Associate Head of School in the amount of $14,900 each. Part I, Line 4b Craig Gemmell Head of School, participates in a 457f plan. Brewster Academy contributed $32,000 on his behalf into the plan. Part I, Line 7 Craig Gemmell, Head of School, Nick Wilbur, Director of Admissions, and Kristy Kerin, Associate Head of School, received a bonus during the year based on goals established in their contracts which were met during the prior year. A New Hampshire Health and Education Facilities Authority 020279866 2011-02-04 18000000 Capital Improvements 0 0 0 A 2787057 18000000 260239 1514158 16225603 2011 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 X 1 10054 FMV Auction items 0 0 Donor estimated valu 0 0 0 Part I, Line 33: For various auctioned items, the Organization does not record revenue when items are donated, but rather when the items are sold at the auction event. The donor estimated value of auctioned items was $110,924. Form 990, Part VI, Section A, line 7a Commonwealth of MA has the right to appoint members of the Brewster Trust, who are members of the Board of Trustees under the Charter. Form 990, Part VI, Section B, line 11b The Audit Committee reviews, approves and recommends acceptance of the Form 990 by the Finance Committee. After the review and recommendation to accept the Form 990 by the Audit Committee, the Finance Committee reviews and recommends acceptance of the completed Form 990 to the Board, along with the Audit Committee. Then it is sent to all other board members and the Head of School for their review and approval. Form 990, Part VI, Section B, line 12c All present Trustees and each new Trustee, prior to taking his/her position on the Board shall submit in writing to the Chairman of the Board a list of all businesses or other organizations of which s/he is an officer, director, trustee, member, owner, shareholder, employee or agent, with which Brewster Academy has, or might reasonably in the future enter into, a relationship or transaction in which the Trustee would have conflicting interests. This disclosure shall be provided by each Board Member to the Chairman of the Board on an annual basis. The Chairman of the Board shall become familiar with the statements of all trustees in order to guide appropriate conduct should a conflict arise. Voting - At such time as any matter comes before the Board in such a way as to give rise to a conflict of interest, the affected Trustee shall make known the potential conflict, whether disclosed by his/her written statement or not, and after answering any questions that might be asked of him/her, shall withdraw from the Board meeting for so long as the matter shall continue under discussion. The Conflict of Interest Policy must be signed individually by members of the Board of Trustees, and there is an annual review of the conflict of interest statements. Form 990, Part VI, Section B, line 15 The Board of Trustees retained an employment consultant to determine the salary for the Head of School. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Brewster Academy 80 Academy Drive, Wolfeboro, NH 03894 EIN 02-0223317 Brewster Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Charitable Gift Annuity -33,017. Change in Value of Beneficial Interest in Perpetual Trust -565,475. Change in Pledge Discounting and Allowance for Pledges -32,816. The John Brewster Trust 1550 Worcester Road 607 Framingham MA 01702 046289100 Perpetual Trust NH N/A T 281239 7479678 0.70000 0 BA International LLC 80 Academy Drive Wolfeboro NH 03894 851684404 Educational Services NH Brewster Academy C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0