2011-02-07T11:57:06-06:00 2010-06-30 Berry Dunn McNeil & Parker LLC 1000 Elm Street 15th Floor Manchester NH 03101 990 2009-07-01 020223317 Brewster Academy BREW 6035697103 80 Academy Drive Wolfeboro NH 03894 Roy Ballentine 6035697103 2011-01-21 1 Rachel L Williamson CPA 6036697337 2011-01-21 2009 2016-02-24 21:20:13Z Michael Cooper 80 Academy Drive Wolfeboro NH 03894 18883713 0 X www.brewsteracademy.org X 1887 NH To provide education to residential and day students. 24 24 269 25 37474 0 7627167 930704 17389072 17487459 316572 123292 60196 25332811 18601651 2777875 3020880 0 8539829 7796826 15653 734222 9337984 9240881 20655688 20074240 4677123 -1472589 56224548 57682459 24720320 26826546 31504228 30855913 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 15256094 3020880 16360791 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. 417115 1089194 The Summer Program features educational programs and conferences during the summer recess. 15673209 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 50 0 1 269 1 1 1 1 CJ 0 0 0 0 0 0 0 1 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Brewster Business Office 6035697103 80 Academy Drive Wolfeboro NH 03894 Michael Appe 1.00 X 0 0 0 Roy Ballentine 1.00 X X 0 0 0 Nancy M Black 1.00 X 0 0 0 CRichard Carlson 1.00 X 0 0 0 David L Carlson 1.00 X 0 0 0 Arthur W Coviello Jr 1.00 X 0 0 0 Candace Crawshaw 1.00 X 0 0 0 Claudine Curran 1.00 X 0 0 0 George J Dohrmann III 1.00 X 0 0 0 Stephen C Farrell 1.00 X 0 0 0 Peter Ford 1.00 X 0 0 0 Douglas H Greeff 1.00 X 0 0 0 Helen S Hamilton 1.00 X X 0 0 0 Rex V Jobe 1.00 X 0 0 0 Michael Keys 1.00 X 0 0 0 Leslie N H MacLeod 1.00 X X 0 0 0 Daniel T Mudge 1.00 X X 0 0 0 Barbara Naramore 1.00 X 0 0 0 James E Nicholson 1.00 X 0 0 0 Arthur O Ricci 1.00 X 0 0 0 Rev Nancy Spencer Smith 1.00 X 0 0 0 Shawn K Smith 1.00 X 0 0 0 Steven R Webster 1.00 X 0 0 0 AB Whitfield 1.00 X 0 0 0 Michael Cooper 40.00 X 223014 0 53998 Lisa Braiterman 40.00 X 51743 0 6049 Lynn Palmer 40.00 X 108222 0 33473 Robert G Simoneau 40.00 X 114534 0 42801 James Bastis 40.00 X 83166 0 38590 Marilyn Shea 40.00 X 89461 0 12600 Kim Ross 40.00 X 65795 0 37445 497513 0 136321 3 0 1 0 Chartwells Dining Services PO Box 91337 Chicago IL 60693 Food service 1206131 D Minton Smith Education Consulting Ser 105 Windward Point Drive St Simmons Island GA 31522 Consulting 208000 AW Therrien Co 199 Hayward Street Manchester NH 03103 Construction 127960 Donald A Madore Construction 31 Muddy Pond Road Kensington NH 03833 Construction 115575 4 930704 3540 930704 Tuition and Fees 611710 14583778 14583778 Summer Programs 611710 1089194 1089194 Instructional Support 611710 1084425 1084425 Miscellaneous Revenue 611710 384145 346671 37474 Student Related 611710 345917 345917 17487459 202314 202314 164852 243874 -79022 -79022 -79022 98384 38188 60196 60196 18601651 17449985 37474 183488 3020880 3020880 277012 277012 5869811 4347957 1173001 348853 415842 307096 86464 22282 709647 524068 147554 38025 524514 387349 109060 28105 84519 84519 66233 66233 15653 15653 11117 11117 512513 316663 143992 51858 1059971 1059971 225486 165117 35958 24411 581823 498268 83555 1668723 1521103 147620 468653 468653 Plant Expense 1040531 1040531 Dining Hall 883447 883447 Student Related 880855 880855 Summer Program 417115 417115 Miscellaneous 378199 105831 186025 86343 961696 196958 646046 118692 20074240 15673209 3666809 734222 200 3069 4957514 6609975 2370499 2156775 227511 35228 84552 82634 59493 56459 51589872 16685499 35897807 34904373 6672101 7459267 5954871 6374679 56224548 57682459 839477 1105012 4835632 6784436 14510000 14095140 3121120 3139945 1414091 1702013 24720320 26826546 X 16513810 15308615 3321143 3511895 11669275 12035403 31504228 30855913 56224548 57682459 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7199454 84590 634703 447210 7471537 6644645 302478 -787284 -1039615 7199454 0.94110 0.05890 0 0 8027820 8027820 34057708 11117755 22939953 7608476 5289920 2318556 1895868 277824 1618044 34904373 Fixed Income 1542938 F Corporate Stocks and Mutual Funds 4041058 F Alternative Investment 1875271 F 7459267 Bond Issuance Costs 379241 Deferred Compensation Plans 87394 Beneficial Interest in Perpetual Trust 4938464 Charitable Gift Annuity 917600 Accrued Investment Interest Receivable 34558 Other Current Assets 17422 6374679 Funds Held for Students 148320 Charitable Gift Annuity 374011 Interest Rate Swap 1074850 Deferred Compensation Payable 104832 1702013 18601651 20074240 -1472589 567372 256902 824274 -648315 16443233 567372 661581 1228953 15214280 3387371 3387371 18601651 17091548 38188 38188 17053360 3020880 3020880 20074240 Part V, Line 4: Description of Intended Use of Endowment Funds: The Academy's endowment consists of funds established for a variety of purposes. Its endowment includes donor-restricted endowment funds. Part XI, Line 8 - Other Adjustments: Change in Value of Charitable Gift Annuity: 170107. Change in Value of Beneficial Interest in Perpetual Trust: 453286. Unrealized Loss on Interest Rate Swap: -366491. Part XII, Line 2d - Other Adjustments: Change in Value of Charitable Gift Annuity: 170107. Change in Value of Beneficial Interest in Perpetual Trust: 453286. Fundraising Expenses: 38188. Part XII, Line 4b - Other Adjustments: Unrealized Gain on Interest Rate Swap: 366491. Finanical Aid Grants: 3020880. Part XIII, Line 2d - Other Adjustments: Fundraising Expenses: 38188. Part XIII, Line 4b - Other Adjustments: Financial Aid Grants: 3020880. 1 1 1 Through newspaper, television, and radio advertising, and in school literature. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The Academy participates in the Federal School Lunch Program and the Federal E-RATE program providing support for technology and libraries. 1 0 Washburn & McGoldrick Capital campaign planning 0 0 15653 -15653 15653 -15653 Family Weekend Auction 72049 72049 18835 Bobcat Open 26335 26335 19353 98384 98384 38188 38188 60196 1 Financial Aid 123 3020880 FMV Brewster Academy provides financial aid to students based on need Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Academy provides scholarships to students in need as a reduction in tuition. No funds are transferred to the recipients. Other Information: Part IV: 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 0 0 Michael Cooper 205494 0 14700 0 2820 0 15790 0 38208 0 277012 0 0 0 Robert G Simoneau 109221 0 0 0 5313 0 8085 0 34716 0 157335 0 0 0 Part I, Line 1a Housing was provided to Head of School and Chief Financial Officer in the amount of $12,870 and $19,305 respectively. Part I, Line 4a Mike Cooper contributed $40,000 to his 457F account. There were no contributions to his 457B account. New Hampshire Higher Educational and Health 020279866 644614NV7 2005-08-01 15300000 Capital Improvements 0 0 15300000 444236 15300000 2005 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 1 Allied Irish Bank 30.000000000000 0 0 0 Lisa Braiterman CFO Tuition remission Amount $ 24940. D Minton Smith Former Head of School 208000 D. Minton Smith is the Former Head of School for Brewster Academy and owner of D. Minton Smith Eduction Consulting Services, LLC. D. Minton Smith Education Consulting Services worked with the Alumni/Development office in developing stewarding and relationships with donors and worked on the Brewster history manuscript. 0 Form 990, Part VI, Section B, line 11 The President and the Treasurer of the Board of Trustees, along with the Audit and Finance Committees, review the Form 990 before it is filed. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy must be signed individually by members of the Board of Trustees. There is an annual review of these 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. Part XI, Line 2c The Board of Trustees reorganized its Audit and Finance Committee, creating a separate Audit Committee. The Audit Committee consists of two members of the Finance and Budget Committee and one member of the Board of Trustees not on the Finance Committee. In 2009, the Audit Committee went through a qualification and selection process to choose a new auditing firm. The Audit Committee provided pre- and post- oversight of the audit. Part X The prior year's financial statements have been restated and this restatement is reflected in the beginning balances on the Balance Sheet.