2021-05-10T13:31:41-05:00 2020-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2019-07-01 042130844 BROOKS SCHOOL BROO 9787256300 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 9787256300 2021-05-03 1 BRENDA L BOOTH P01342395 6177610600 2021-05-03 2019 2022-09-23 18:48:47Z JOHN PACKARD 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 52097689 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. 28 27 367 100 -20987 -55111 4279744 4113138 23661249 23409312 1761474 5304550 69974 52398 29772441 32879398 6009982 6042609 0 0 14039649 13863893 0 0 1323151 14858575 13224910 34908206 33131412 -5135765 -252014 190357707 182132307 51779341 48106016 138578366 134026291 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 23881748 6042609 21507181 SECONDARY EDUCATION COLLEGE PREPARATORY SCHOOL FOR BOARDING AND DAY STUDENTS WITH EDUCATIONAL AND AUXILIARY SCHOOL ACTIVITIES. 1180329 0 1954529 SUMMER SCHOOL PROGRAM: EDUCATIONAL SUMMER CAMP FOR APPROXIMATELY 450 CAMPERS PER WEEK FOR EIGHT WEEKS, AGES FOUR TO TWELVE AND TWO ACADEMIC CAMPS FOR APPROXIMATELY 420 STUDENTS ENTERING GRADES THREE TO TWELVE. 25062077 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 1 116 0 1 367 1 1 1 1 BD 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 MA X PAUL GRIFFIN CFO 9787256300 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 WILLIAM E COLLIER 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 ZACHARY S MARTIN 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 IKENNA U NDUGBA 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 371997 0 103010 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 50.00 X 231374 0 53625 JOHN MCVEIGH ASSOCIATE HEAD OF SCHOOL FOR FACULTY AFFAIRS 50.00 X 115730 0 78350 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 50.00 X 159777 0 74839 LAWRENCE CALLAHAN DIRECTOR OF COMMUNICATIONS 50.00 X 129375 0 74559 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 50.00 X 119907 0 45766 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 50.00 X 116139 0 45614 1244299 0 475763 13 0 1 0 MERIWETHER GODSEY 4944 OLD BOONSBORO ROAD LYNCHBURG VA 24503 FOOD SERVICES 1074566 ARCHITECTURAL RESOURCES CAMBRIDGE INC 501 BOYLSTON STREET SUITE 4101 BOSTON MA 02116 ARCHITECTS 358251 STATESIDE CONSTRUCTION GROUP INC 206 ANDOVER STREET ANDOVER MA 01810 CONSTRUCTION 351266 YOUR SPACE LANDSCAPE & CONSTRUCTION INC 2 BLANCHARD ROAD BURLINGTON MA 01803 PROJECT MANAGEMENT 296300 IMPERIAL BUILDING MAINTENANCE INC 11 CYPRESS DRIVE BURLINGTON MA 01803 CLEANING SERVICES 246211 9 4113138 338223 4113138 TUITION AND FEES 611110 21152661 21152661 SUMMER PROGRAMS 611110 1954529 1954529 302122 302122 23409312 606347 -56753 663100 23802825 19026401 78221 4776424 -78221 4698203 35766 4662437 166067 113669 52398 52398 32879398 23461710 -20987 5325537 6042609 6042609 716716 716716 9827077 7028409 2014183 784485 1018301 664549 262413 91339 1590608 1274012 222764 93832 711191 511676 145111 54404 154756 154756 83800 83800 573096 573096 500548 353457 125532 21559 203458 9912 169933 23613 230971 140600 65851 24520 1297882 1191796 94299 11787 124093 58588 45837 19668 1016735 1016735 4758612 4330337 380689 47586 389607 3271 386336 EDUCATIONAL ACTIVITIES 1039957 993434 46376 147 FOOD & DIETARY 997566 994379 3187 0 REPAIRS & MAINTENANCE 612964 549604 57593 5767 ATHLETICS 244834 244834 996031 670610 180977 144444 33131412 25062077 6746184 1323151 13963535 13707667 9062033 6474819 51940 2304 8100702 9373422 816982 652863 134150299 59164778 77784259 74985521 2491117 2601427 75277821 71546995 2809318 2787289 190357707 182132307 1168222 969153 17794619 16344882 19996885 29694184 11711888 63527 1107727 1034270 51779341 48106016 X 65130917 64663403 73447449 69362888 138578366 134026291 190357707 182132307 X -252014 -4039853 -260208 X 0 1 X 1 0 X 10939841 16597883 7408257 4279744 4113138 43338863 10939841 16597883 7408257 4279744 4113138 43338863 14289972 29048891 942286 1043278 989812 716442 663100 4354918 40547 41511 22218 72583 0 176859 47870640 115940061 0.60680 0.57220 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 81919176 393409 1206525 2818004 573096 80128010 80638598 1024542 3621177 2648582 716559 81919176 76915046 2052226 5002642 2689642 641674 80638598 70450966 556146 9372949 2895056 569959 76915046 74799439 1178352 -2364944 2684410 477471 70450966 0.25630 0.74370 0 0 2440628 2440628 97512541 42220324 55292217 23417957 8973023 14444934 9865245 7971431 1893814 913928 913928 74985521 INTERNATIONAL AND GLOBAL EQUITY 16635862 F DOMESTIC PRIVATE EQUITY 28402871 F INTERNATIONAL PRIVATE EQUITY 7640977 F GLOBAL HEDGE FUNDS 17777737 F REAL ESTATE FUNDS 159138 F OTHER 930410 F 71546995 SPLITS INTEREST AGREEMENT OBLIGATION 1001660 CAPITAL LEASE OBLIGATION- SOLAR PANEL 32610 1034270 X 21982301 -4039853 -260208 -4300061 26282362 573096 6023940 6597036 32879398 26534376 0 26534376 573096 6023940 6597036 33131412 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, 2020, 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 4,462. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 17,019. LOSS ON EXTINGUISHMENT OF DEBT -281,689. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 6,042,609. COST OF GOODS SOLD -113,669. BAD DEBT WRITEOFFS 95,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 6,042,609. COST OF GOODS SOLD -113,669. BAD DEBT WRITEOFFS 95,000. 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 3416586 0 0 0 0 0 0 3416586 0 3416586 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 FINANCIAL AID AWARDS 113 0 5031144 FMV CREDIT TO STUDENT ACCOUNTS TUITION REMISSION - FA FOR FACULTY STUDENTS 21 0 1011465 FMV CREDIT TO STUDENT ACCOUNTS 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 371584 0 0 0 413 0 34200 0 68810 0 475007 0 0 0 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 230600 0 0 0 774 0 28350 0 25275 0 284999 0 0 0 JOHN MCVEIGH ASSOCIATE HEAD OF SCHOOL FOR FACULTY 115484 0 0 0 246 0 14940 0 63410 0 194080 0 0 0 GAGE DOBBINS DIR. OF INSTITUTIONAL ADVANCEMENT 159507 0 0 0 270 0 19950 0 54889 0 234616 0 0 0 LAWRENCE CALLAHAN DIRECTOR OF COMMUNICATIONS 129107 0 0 0 268 0 16020 0 58539 0 203934 0 0 0 JO-ANN BEVIS DIR. OF FIN. OPERATIONS/CONTROLLER 119739 0 0 0 168 0 15255 0 30511 0 165673 0 0 0 ELIZABETH MARTIN DIRECTOR OF FACILITIES AND PLANNING 115969 0 0 0 170 0 15056 0 30558 0 161753 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 30394720 392909 29950811 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 PART II, COLUMN A, LINE 3: THE AMOUNTS REPORTED IN SCHEDULE K, PART I, FOR BOND A AGREE TO AMOUNTS REPORTED BY MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (ISSUER). WHILE THE TOTAL ISSUE PRICE IS $37,743,720, BROOKS SCHOOL WAS ONLY OBLIGATED ON $30,394,720 AS OF JUNE 30, 2020. BROOKS SCHOOL HAS NOT DRAWN THE REMAINING AMOUNT AS OF 6/30/20. X 26 338223 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 4,462. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 17,019. LOSS ON EXTINGUISHMENT OF DEBT -281,689. CHARITABLE GIFT ANNUITIES (12) TRUST MA N/A T 1 CHARITABLE UNITRUST (2) TRUST MA N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0