2011-11-09T14:22:02-06:00 2011-06-30 Berry Dunn McNeil & Parker LLC 1000 Elm Street 15th Floor Manchester NH 03101 990 2010-07-01 020223317 Brewster Academy BREW 6035697103 80 Academy Drive Wolfeboro NH 03894 Roy Ballentine 6035697103 2011-11-03 1 Rachel Williamson CPA 6036697337 2011-11-03 2010 2016-03-07 17:11:31Z Michael Cooper 80 Academy Drive Wolfeboro NH 03894 20824388 0 X www.brewsteracademy.org X 1887 NH To provide education to residential and day students. 21 21 272 35 102411 0 930704 860983 17487459 18250138 123292 158187 60196 83445 18601651 19352753 3020880 3028108 0 0 7796826 8132136 15653 31965 541695 9240881 8902923 20074240 20095132 -1472589 -742379 57682459 58362449 26826546 27688823 30855913 30673626 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 16273322 17107483 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 perfermance 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. 310702 1077886 The Summer Program features educational programs and conferences during the summer recess, including the Brewster Academy Summer Session and Royal Thai Scholars. 16584024 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 33 0 1 272 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 21 21 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 Cooper 40.00 X X 236735 0 75063 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 Lisa Braiterman 40.00 X 105046 0 29402 Lynn Palmer 40.00 X 110118 0 12367 Robert G Simoneau 40.00 X 119705 0 18370 571604 0 135202 4 0 1 0 Chartwells Dining Services PO Box 91337 Chicago IL 60693 Dining Hall Food Service 1336785 AW Therrien Co 199 Hayward Street Manchester NH 03103 Construction 133841 2 860983 151680 860983 Tuition and Fees 611710 15272246 15272246 Instructional Support 611710 1262156 1262156 Summer Programs 611710 1166727 1077886 88841 Student Related 611710 469865 469865 Miscellaneous Revenue 611710 79144 65574 13570 18250138 224261 224261 1366872 1329230 103716 37642 -103716 -66074 37642 -103716 114272 38689 75583 75583 Gain on Interest Rate 900099 377850 377850 Loss on Bond Refinanci 900099 -369988 -369988 7862 19352753 18185369 102411 203990 3028108 3028108 446246 446246 5944723 4787828 865569 291326 116801 67063 44702 5036 1106904 776261 293666 36977 517462 416012 80750 20700 59161 59161 109360 109360 31965 31965 4774 4774 432359 270109 143368 18882 1187654 1187654 273521 208328 25192 40001 842803 756116 86687 1352303 1283255 69048 286921 286921 Plant Expense 1083871 1083871 Student Related 1060872 1060872 Dining Hall 935523 935523 Miscellaneous 363844 104196 197575 62073 Summer Program 310702 310702 599255 308126 256394 34735 20095132 16584024 2969413 541695 3069 1215 6609975 7550449 2156775 2056585 35228 31561 82634 63716 56459 131246 45912998 16805274 34904373 29107724 7459267 8169809 6374679 11250144 57682459 58362449 1105012 940468 6784436 6836963 14095140 18000000 3139945 1290698 1702013 620694 26826546 27688823 X 15308615 13744638 3511895 3813949 12035403 13115039 30855913 30673626 57682459 58362449 X -742379 560092 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7222254 30666 1133905 413496 7973329 6658608 84590 634703 155647 7222254 6644645 302478 -787284 -498769 6658608 0.88580 0.11430 0 0 2129157 2129157 34459363 11690527 22768836 3661410 1840064 1821346 5663068 3274683 2388385 29107724 Bond Issuance Costs 253043 Deferred Compensation Plans 153704 Beneficial Interest in Perpetual Trust 5988845 Charitable Gift Annuity 1017199 Accrued Investment Interest Receivable 37353 Asset Held for Sale 3800000 11250144 Funds Held for Students 120708 Charitable Gift Annuity 368844 Deferred Compensation Payable 131142 620694 19352753 20095132 -742379 1119658 -559566 560092 -182287 16923426 1119658 1333123 2452781 14470645 4882108 4882108 19352753 17105713 38689 38689 17067024 3028108 3028108 20095132 Description of Intended Use of Endowment Funds: Part V, Line 4: 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 104,766. Change in Value of Beneficial Interest in Perpetual Trust 1,189,668. Loss on Impairment of Asset Held for Sale -1,854,000. Part XII, Line 2d - Other Adjustments: Change in Value of Charitable Gift Annuity 104,766. Change in Value of Beneficial Interest in Perpetual Trust 1,189,668. Fundraising Expenses 38,689. Part XII, Line 4b - Other Adjustments: Finanical Aid Grants 3,028,108. Loss on Impairment of Asset Held for Sale 1,854,000. Part XIII, Line 2d - Other Adjustments: Fundraising Expenses 38,689. Part XIII, Line 4b - Other Adjustments: Financial Aid Grants 3,028,108. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 Through newspaper, television, and radio advertising, and in school literature. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The Academy participates in the Federal School Lunch Program and the Federal E-RATE program providing support for technology and libraries. 0 Washburn & McGoldrick 950 New Loudon Road Latham NY 12110 Capital campaign planning 0 0 31965 -31965 31965 -31965 Family Weekend Auction 87067 87067 22552 Bobcat Open 27205 27205 16137 114272 114272 38689 38689 75583 1 Financial Aid 120 3028108 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 213574 0 20000 0 3161 0 56826 0 18237 0 311798 0 0 0 Part I, Line 1a Housing was provided to Head of School, Director of Admissions and Chief Financial Officer in the amount of $13,220, $13,220 and $19,830 respectively. Part I, Line 4b Mike Cooper contributed $16,500 to his 457B account. Brewster Academy contributed $30,166 to his 457F account. New Hampshire Health and Education Facilities Authority 020279866 2011-02-04 18000000 Capital Improvements 0 0 0 18000000 1304158 256607 16439235 2011 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 Lisa Braiterman CFO 26485 Tuition remission X 4 57700 FMV X Windows for Dorms and Faculty Housing 1 77380 FMV X Fitness Equipment 1 10000 FMV X Carpet for Business Office 1 6600 FMV 0 0 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. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 1,119,658. Change in Value of Charitable Gift Annuity 104,766. Change in Value of Beneficial Interest in Perpetual Trust 1,189,668. Loss on Impairment of Asset Held for Sale -1,854,000. Total to Form 990, Part XI, Line 5: 560,092. Form 990, Part XII, Line 2c The organization has not changed its oversight or selection process during the tax year.