2016-05-10T10:31:38-05:00 2015-06-30 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2014-07-01 042130844 BROOKS SCHOOL BROO 9787256300 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 PAUL GRIFFIN CHIEF FINANCIAL OFFICER 9787256300 2016-05-06 1 JOSEPH M GISO CPA MST P00030126 6177610600 2016-05-06 2014 2016-08-17 19:52:53Z PAUL GRIFFIN 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 46438655 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. 25 24 408 480 142928 104504 8390346 11549674 20324193 21731071 7057023 3012910 0 76911 35771562 36370566 4204756 4382183 0 0 13208481 13172057 0 0 1941284 9873365 10613769 27286602 28168009 8484960 8202557 152585354 158864440 42803155 41443355 109782199 117421085 X 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 18250547 4382183 18672480 SECONDARY EDUCATION COLLEGE PREPARATORY SCHOOL FOR BOARDING AND DAY STUDENTS WITH EDUCATIONAL AND AUXILIARY SCHOOL ACTIVITIES. 1940156 2067221 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. 196605 213305 EXTRACURRICULAR SPORTS PROGRAM SKATING RINK USED FOR INTERSCHOLASTIC COMPETITION AS APRT OF THE SCHOOL ATHLETIC PROGRAM AS WELL AS FOR INSTRUCTIONAL PURPOSES. 201150 833470 OTHER PROGRAM SERVICES INCLUDE LIBRARY, COST OF DORMITORIES AND MEALS FOR STUDENTS, MUSIC LESSONS, CAMPUS STORE, AND MISCELLANEOUS SERVICES FOR STUDENTS. 201150 833470 20588458 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 122 0 1 408 1 1 1 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X PAUL GRIFFIN CFO 9787256300 1160 GREAT POND ROAD NORTH ANDOVER MA 01845 WILLIAM N BOOTH PRESIDENT 5.00 X X 0 0 0 W J PATRICK CURLEY III VICE PRESIDENT 2.00 X X 0 0 0 PAUL L HALLINGBY VICE PRESIDENT 2.00 X X 0 0 0 CHARLES E BASCOM SECRETARY 2.00 X X 0 0 0 DONALD R PECK TREASURER 3.00 X X 0 0 0 PAMELA W ALBRIGHT TRUSTEE 2.00 X 0 0 0 JOHN R BARKER TRUSTEE 2.00 X 0 0 0 ANTHONY H EVERETS TRUSTEE 2.00 X 0 0 0 STEVEN R GORHAM TRUSTEE 2.00 X 0 0 0 VALENTINE HOLLINGSWORTH III 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 TIMOTHY H MCCOY TRUSTEE 2.00 X 0 0 0 GINGER PEARSON 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 WHITNEY ROMOSER SAVIGNANO TRUSTEE 2.00 X 0 0 0 LYNNE A SAWYER TRUSTEE 2.00 X 0 0 0 LETITIA WIGHTMAN SCOTT TRUSTEE 2.00 X 0 0 0 THOMAS E SHIRLEY TRUSTEE 2.00 X 0 0 0 RAMAKRISHNA R SUDIREDDY TRUSTEE 2.00 X 0 0 0 ISABELLA SPEAKMAN TIMON TRUSTEE 2.00 X 0 0 0 JOSEPH F TRUSTEY III TRUSTEE 2.00 X 0 0 0 ALESSANDRO F UZIELLI TRUSTEE 2.00 X 0 0 0 JOHN R PACKARD JR HEAD OF SCHOOL 50.00 X X 263094 0 85542 JAMES HAMILTON ASSOCIATE HEAD OF EXTERNAL AFFAIRS 50.00 X 139861 0 67428 DEAN ELLERTON CHIEF OPERATING OFFICER 50.00 X 131708 0 36514 GAGE DOBBINS DIRECTOR OF DEVELOPMENT 50.00 X 124934 0 67795 LAWRENCE CALLAHAN DIRECTOR OF COMM. & MARKETING 50.00 X 113243 0 66527 JOHN HAILE DEAN OF FACULTY 50.00 X 103307 0 33508 876147 0 357314 8 0 1 0 CONSIGLI CONSTRUCTION 72 SUMMER STREET MILFORD MA 01757 CONSTRUCTION MANAGEMENT 5364886 GREEN ACRES LANDSCAPE & CONSTRUCTION CO 21 MALBONE STREET LAKEVILLE MA 02347 CONSTRUCTION MANAGEMENT 1556408 GREENERU INC 480 PLEASENT STREET SUITE C300 WATERTOWN MA 02472 STRATEGIC PLANNING AND PROJECT 1272393 PFG NORTHCENTER PO BOX 2628 AUGUSTA ME 04330 FOOD SERVICES 435213 COMPASS FACILITY SERVICES 65 JACKMAN STREET GEORGETOWN MA 01833 BUILDING MAINTENANCE 248641 5 11549674 601436 11549674 TUITION AND FEES 611110 18672480 18672480 AUXILIARY PROGRAMS 611110 2067221 2067221 RINK RENTAL 713940 204781 183275 21506 ATHLETICS FACILITIES 713940 30030 30030 756559 756559 21731071 862643 28363 834280 12059801 9909534 2150267 2150267 93059 2057208 235466 158555 76911 76911 36370566 21786476 142928 2891488 4382183 4382183 308920 308920 10340773 7429653 1929348 981772 862600 576224 190690 95686 903138 388592 409697 104849 756626 517995 167803 70828 101645 101645 62961 62961 492390 492390 736809 295082 332668 109059 500905 18115 308293 174497 127975 127975 1126791 1002844 90143 33804 105920 737 59940 45243 6342 6342 859826 765245 68786 25795 2937909 2614739 235033 88137 318210 318210 TAXES 4254 4254 FOOD & DIETARY 618534 618534 REPAIRS & MAINTENANCE 576086 512716 46087 17283 SUMMER PROGRAM 365074 365074 1672138 1100725 383424 187989 28168009 20588458 5638267 1941284 17853692 13243056 1301460 5801378 97648 77544 5092 946 6947247 6887241 817089 697167 98430984 43676759 47287862 54754225 8469567 5518784 66247690 68438159 3558007 3445940 152585354 158864440 2132158 1504442 16165487 16025296 22909678 22422933 1595832 1490684 42803155 41443355 X 47693939 51930951 36946470 38955934 25141790 26534200 109782199 117421085 152585354 158864440 X 8202557 -540035 -23636 X 0 1 X 1 0 X 3473896 7626898 5570838 3172440 11549674 31393746 17082018 17805269 18752617 19578986 21945031 95163921 20555914 25432167 24323455 22751426 33494705 126557667 0 0 0 126557667 55494 117342 186553 401849 834280 1595518 55494 117342 186553 401849 834280 1595518 105990 104922 65420 46759 49869 372960 20717398 25654431 24575428 23200034 34378854 128526145 0.98470 0.98950 0.01240 0.00750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74615928 633115 2520244 2477458 492390 74799439 66154053 556486 10969831 2595536 468906 74615928 60359567 539988 8405064 2460566 690000 66154053 64626812 1271090 -872218 3976117 690000 60359567 57758947 819564 10565436 1071261 2783272 662602 64626812 0.27080 0.40430 0.32490 0 0 832897 832897 69885436 32088676 37796760 17528999 3178389 14350610 9563589 8409694 1153895 620063 620063 54754225 INTERNATIONAL AND GLOBAL EQUITY 18244288 F DOMESTIC PRIVATE EQUITY 17671744 F INTERNATIONAL PRIVATE EQUITY 2844116 F GLOBAL HEDGE FUNDS 27845240 F REAL ESTATE FUNDS 1832771 F 68438159 SPLIT-INTEREST AGREEMENTS 2618323 DEFERRED BOND ISSUANCE COSTS 341048 CASH SURRENDER VALUE OF LIFE INSURANCE 486569 3445940 SPLITS INTEREST AGREEMENT OBLIGATION 1280768 CAPITAL LEASE OBLIGATION- SOLAR PANEL 209916 1490684 X 31090877 -540035 -23636 -563671 31654548 492390 4223628 4716018 36370566 23451991 0 23451991 492390 4223628 4716018 28168009 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. AS OF JUNE 30, 2015, THE SCHOOL HAD 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 -23,636. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 4,382,183. COST OF GOODS SOLD -158,555. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 4,382,183. COST OF GOODS SOLD -158,555. 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 PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY AS A MEMBER SCHOOL OF THE ASSOCIATION OF INDEPENDENT SCHOOL OF NEW ENGLAND (AISNE). BERMUDA 0 0 INVESTMENT 5722630 0 0 0 0 0 0 5722630 0 5722630 0 0 0 0 1 0 1 FINANCIAL AID AWARDS 98 4382183 PART I, LINE 2: FINANCIAL AID AWARDS ARE GRANTED TO QUALIFIED STUDENTS ON THE BASIS OF NEED AS DETERMINED BY THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS) OF PRINCETON, NEW JERSEY X 1 1 X X X 0 0 0 0 0 0 0 0 0 JOHN R PACKARD JR HEAD OF SCHOOL 257868 0 0 0 5226 0 26778 0 58764 0 348636 0 0 0 JAMES HAMILTON ASSOCIATE HEAD OF EXTERNAL AFFAIRS 132725 0 0 0 7136 0 14664 0 52764 0 207289 0 0 0 DEAN ELLERTON CHIEF OPERATING OFFICER 125088 0 0 0 6620 0 13750 0 22764 0 168222 0 0 0 GAGE DOBBINS DIRECTOR OF DEVELOPMENT 120847 0 0 0 4087 0 12868 0 54927 0 192729 0 0 0 LAWRENCE CALLAHAN DIRECTOR OF COMM. & MARKETING 110179 0 0 0 3064 0 11600 0 54927 0 179770 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 JAMES HAMILTON, $30,000 LAWRENCE CALLAHAN, $30,000 GAGE DOBBINS, $18,000 PART 1, LINE 3: COMPENSATION OF HEAD OF SCHOOL IS APPROVED BY THE BOARD OF TRUSTEES AND COMPARED AGAINST INDEPENDENT SCHOOL COMPENSATION SURVEYS AND DOCUMENTED BY A WRITTEN EMPLOYMENT AGREEMENT. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2011-10-01 24115000 CONSTRUCTION AND RENOVATION OF BUILDING 0 0 0 A 1692067 24115000 388536 250000 23476464 1 0 1 1 A 0 0 1 0 0 0 0 0 0 A 0 JAMES HAMILTON COMPUTER COMPUTER LOAN X 1261 946 0 0 1 946 X 50 601436 FMV 0 0 0 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 11 PRIOR TO FILING, THE FORM 990 IS REVIEWED AND APPROVED BY MANAGEMENT AND THE AUDIT COMMITTEE. 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 TANSACTION 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. 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 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 -23,636. CHARITABLE GIFT ANNUITIES (10) - PER IRS INSTRUCTIONS INVESTMENT MANAGEMENT MA N/A T 0 CHARITABLE UNITRUST (1) - PER IRS INSTRUCTIONS INVESTMENT MANAGEMENT MA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0