BREWSTER ACADEMY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BREWSTER ACADEMY (EIN 02-0223317)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-07
- IRS object ID
- 201140389349300814
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-07T11:57:06-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Elm Street 15th Floor | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020223317 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brewster Academy | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BREW | NameControl |
| Phone | 6035697103 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 Academy Drive | AddressLine1 |
| City | Wolfeboro | City |
| State | NH | State |
| ZIP Code | 03894 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Roy Ballentine | Name |
| Title | Treasurer | Title |
| Phone | 6035697103 | Phone |
| Date Signed | 2011-01-21 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rachel L Williamson CPA | Name |
| Phone | 6036697337 | Phone |
| Date Prepared | 2011-01-21 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Michael Cooper | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 Academy Drive | AddressLine1 |
| City | Wolfeboro | City |
| State | NH | State |
| ZIP Code | 03894 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18883713 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.brewsteracademy.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1887 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | To provide education to residential and day students. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 269 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 37474 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7627167 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 930704 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17389072 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17487459 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 316572 | InvestmentIncomePriorYear |
| Investment Income Current Year | 123292 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 60196 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 25332811 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18601651 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2777875 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3020880 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8539829 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7796826 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 15653 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 734222 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9337984 | OtherExpensePriorYear |
| Other Expenses Current Year | 9240881 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20655688 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20074240 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4677123 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1472589 | RevenuesLessExpensesCY |
| Total Assets BOY | 56224548 | TotalAssetsBOY |
| Total Assets EOY | 57682459 | TotalAssetsEOY |
| Total Liabilities BOY | 24720320 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 26826546 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 31504228 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30855913 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 15256094 | Expense |
| Grants | 3020880 | Grants |
| Revenue | 16360791 | Revenue |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 417115 | Expense |
| Revenue | 1089194 | Revenue |
| Description | The Summer Program features educational programs and conferences during the summer recess. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 15673209 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 50 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 269 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brewster Business Office | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6035697103 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 Academy Drive | AddressLine1 |
| City | Wolfeboro | City |
| State | NH | State |
| ZIP Code | 03894 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Michael Appe | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Roy Ballentine | |||||||
| Treasurer | 1.00 | X | 0 | 0 | 0 | X | |
| Nancy M Black | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| CRichard Carlson | |||||||
| Estate Trustee | 1.00 | X | 0 | 0 | 0 | ||
| David L Carlson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Arthur W Coviello Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Candace Crawshaw | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Claudine Curran | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| George J Dohrmann III | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Stephen C Farrell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Peter Ford | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Douglas H Greeff | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Helen S Hamilton | |||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X | |
| Rex V Jobe | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Michael Keys | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Leslie N H MacLeod | |||||||
| Vice President | 1.00 | X | 0 | 0 | 0 | X | |
| Daniel T Mudge | |||||||
| President | 1.00 | X | 0 | 0 | 0 | X | |
| Barbara Naramore | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| James E Nicholson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Arthur O Ricci | |||||||
| Estate Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Rev Nancy Spencer Smith | |||||||
| Estate Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Shawn K Smith | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Steven R Webster | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| AB Whitfield | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Michael Cooper | |||||||
| Head of School | 40.00 | 223014 | 0 | 53998 | X | ||
| Lisa Braiterman | |||||||
| CFO | 40.00 | 51743 | 0 | 6049 | X | ||
| Lynn Palmer | |||||||
| Director of Admissions | 40.00 | 108222 | 0 | 33473 | X | ||
| Robert G Simoneau | |||||||
| Faculty/Former bus mgr | 40.00 | 114534 | 0 | 42801 | X | ||
| James Bastis | |||||||
| Director of Development | 40.00 | 83166 | 0 | 38590 | X | ||
| Marilyn Shea | |||||||
| Academic Dean | 40.00 | 89461 | 0 | 12600 | X | ||
| Kim Ross | |||||||
| Director of Instructiona | 40.00 | 65795 | 0 | 37445 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 497513 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 136321 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| All Other Contributions | 930704 | AllOtherContributions |
| Noncash Contributions | 3540 | NoncashContributions |
| Total Contributions | 930704 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17487459 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 202314 | TotalRevenueColumn |
| Exclusion | $202,314 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 164852 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 243874 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -79022 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -79022 | TotalRevenueColumn |
| Exclusion | -$79,022 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 98384 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 38188 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60196 | TotalRevenueColumn |
| Exclusion | $60,196 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18601651 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17449985 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 37474 | UnrelatedBusinessRevenue |
| Exclusion | $183,488 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3020880 | Total |
| Program Services | 3020880 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 277012 | Total |
| Management And General | 277012 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5869811 | Total |
| Program Services | 4347957 | ProgramServices |
| Management And General | 1173001 | ManagementAndGeneral |
| Fundraising | 348853 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 415842 | Total |
| Program Services | 307096 | ProgramServices |
| Management And General | 86464 | ManagementAndGeneral |
| Fundraising | 22282 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 709647 | Total |
| Program Services | 524068 | ProgramServices |
| Management And General | 147554 | ManagementAndGeneral |
| Fundraising | 38025 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 524514 | Total |
| Program Services | 387349 | ProgramServices |
| Management And General | 109060 | ManagementAndGeneral |
| Fundraising | 28105 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84519 | Total |
| Management And General | 84519 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66233 | Total |
| Management And General | 66233 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15653 | Total |
| Fundraising | 15653 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11117 | Total |
| Management And General | 11117 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 512513 | Total |
| Program Services | 316663 | ProgramServices |
| Management And General | 143992 | ManagementAndGeneral |
| Fundraising | 51858 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1059971 | Total |
| Program Services | 1059971 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225486 | Total |
| Program Services | 165117 | ProgramServices |
| Management And General | 35958 | ManagementAndGeneral |
| Fundraising | 24411 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 581823 | Total |
| Program Services | 498268 | ProgramServices |
| Management And General | 83555 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1668723 | Total |
| Program Services | 1521103 | ProgramServices |
| Management And General | 147620 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 468653 | Total |
| Management And General | 468653 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Plant Expense | 1040531 | 1040531 | ||
| Dining Hall | 883447 | 883447 | ||
| Student Related | 880855 | 880855 | ||
| Summer Program | 417115 | 417115 | ||
| Miscellaneous | 378199 | 105831 | 186025 | 86343 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 961696 | Total |
| Program Services | 196958 | ProgramServices |
| Management And General | 646046 | ManagementAndGeneral |
| Fundraising | 118692 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20074240 | Total |
| Program Services | 15673209 | ProgramServices |
| Management And General | 3666809 | ManagementAndGeneral |
| Fundraising | 734222 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200 | BOY |
| EOY | 3069 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4957514 | BOY |
| EOY | 6609975 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2370499 | BOY |
| EOY | 2156775 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 227511 | BOY |
| EOY | 35228 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84552 | BOY |
| EOY | 82634 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59493 | BOY |
| EOY | 56459 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 51589872 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16685499 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35897807 | BOY |
| EOY | 34904373 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6672101 | BOY |
| EOY | 7459267 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5954871 | BOY |
| EOY | 6374679 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56224548 | BOY |
| EOY | 57682459 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 839477 | BOY |
| EOY | 1105012 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4835632 | BOY |
| EOY | 6784436 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14510000 | BOY |
| EOY | 14095140 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3121120 | BOY |
| EOY | 3139945 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1414091 | BOY |
| EOY | 1702013 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24720320 | BOY |
| EOY | 26826546 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16513810 | BOY |
| EOY | 15308615 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3321143 | BOY |
| EOY | 3511895 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11669275 | BOY |
| EOY | 12035403 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31504228 | BOY |
| EOY | 30855913 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56224548 | BOY |
| EOY | 57682459 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7199454 | BeginningOfYearBalance |
| Contributions | 84590 | Contributions |
| Investment Earnings Or Losses | 634703 | InvestmentEarningsOrLosses |
| Other Expenditures | 447210 | OtherExpenditures |
| End Of Year Balance | 7471537 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6644645 | BeginningOfYearBalance |
| Contributions | 302478 | Contributions |
| Investment Earnings Or Losses | -787284 | InvestmentEarningsOrLosses |
| Other Expenditures | -1039615 | OtherExpenditures |
| End Of Year Balance | 7199454 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.94110 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.05890 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8027820 | OtherCostOrOtherBasis |
| Book Value | 8027820 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34057708 | OtherCostOrOtherBasis |
| Depreciation | 11117755 | Depreciation |
| Book Value | 22939953 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7608476 | OtherCostOrOtherBasis |
| Depreciation | 5289920 | Depreciation |
| Book Value | 2318556 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1895868 | OtherCostOrOtherBasis |
| Depreciation | 277824 | Depreciation |
| Book Value | 1618044 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 34904373 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Fixed Income | 1542938 | F |
| Corporate Stocks and Mutual Funds | 4041058 | F |
| Alternative Investment | 1875271 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 7459267 | TotalOfBookValueSecurities |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6374679 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Funds Held for Students | $148,320 |
| Charitable Gift Annuity | $374,011 |
| Interest Rate Swap | $1,074,850 |
| Deferred Compensation Payable | $104,832 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1702013 | TotalOfAmounts |
| Total Revenue | 18601651 | TotalRevenue |
| Total Expenses | 20074240 | TotalExpenses |
| Excess Or Deficit For Year | -1472589 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 567372 | NetUnrealizedGLOnInvestments |
| Other | $256,902 | OtherAmount |
| Total Adjustments | 824274 | TotalAdjustments |
| Excess Or Deficit Per FS | -648315 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16443233 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 567372 | NetUnrealizedGainsInvestments |
| Other Revenues | 661581 | OtherRevenues |
| Revenue Not Rptd F990 | 1228953 | RevenueNotRptdF990 |
| Revenue Subtotal | 15214280 | RevenueSubtotal |
| Other Revenues Not Included | 3387371 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3387371 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 18601651 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 17091548 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 38188 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 38188 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17053360 | ExpensesSubtotal |
| Other Expenses Not Included | 3020880 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3020880 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 20074240 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | Through newspaper, television, and radio advertising, and in school literature. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | The Academy participates in the Federal School Lunch Program and the Federal E-RATE program providing support for technology and libraries. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Washburn & McGoldrick | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Capital campaign planning | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 15653 | AmountRetainedByContractor |
| Net To Organization | -15653 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 15653 | TotalRetainedByContractors |
| Total Net To Organization | -15653 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Family Weekend Auction | NameOfEvent1 |
| Gross Receipts Event1 | 72049 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 72049 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 18835 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Bobcat Open | NameOfEvent2 |
| Gross Receipts Event2 | 26335 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 26335 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 19353 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 98384 | GrossReceiptsTotal |
| Gross Revenue Total Events | 98384 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 38188 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 38188 | DirectExpenseSummaryEvents |
| Net Income Summary | 60196 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Financial Aid | TypeOfGrant |
| Number Of Recipients | 123 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 3020880 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | Brewster Academy provides financial aid to students based on need | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Hampshire Higher Educational and Health | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 020279866 | IssuerEIN |
| CUSIP Number | 644614NV7 | CUSIPNumber |
| Date Issued | 2005-08-01 | DateIssued |
| Issue Price | 15300000 | IssuePrice |
| Description Of Purpose | Capital Improvements | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 15300000 | TotalProceeds |
| Issuance Costs From Proceeds | 444236 | IssuanceCostsFromProceeds |
| Capital Expenditures | 15300000 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Allied Irish Bank | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | Lisa Braiterman | NameOfInterestedPerson |
| Relationship With Organization | CFO | RelationshipWithOrganization |
| Type Of Assistance | Tuition remission Amount $ 24940. | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | D Minton Smith | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Former Head of School | Relationship |
| Amount Of Transaction | 208000 | AmountOfTransaction |
| Description Of Transaction | 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. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 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. |