Brooks School FY2024 filing

Tax-deductible

North Andover, MA501(c)(3)Since 1926EducationEIN 04-2130844Revenue $38.4M in FY2024

On file with the IRSbrooksschool.org1160 Great Pond Rd, 01845-1206 · North Andover, MATax-exempt since Dec 1930School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Brooks School is a college preparatory School that seeks to provide the most meaningful educational experience our students will have in their lives.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $924K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $57K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$50.1M
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 27 voting members
Looks good: 26 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$38.4M
-10% vs prior year
Spent
$40.8M
To programs
79%
Net assets
$168.1M
By yearFY2020–FY2024
Revenue
$38.4M
FY2024▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$32.9M
FY2021$35.4M
FY2022$37.2M
FY2023$42.7M
FY2024$38.4M
FY2024$53.0M
Expenses
$40.8M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$33.1M
FY2021$33.4M
FY2022$35.8M
FY2023$38.8M
FY2024$40.8M
FY2024$43.3M
Net assets
$168.1M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$134.0M
FY2021$154.3M
FY2022$142.4M
FY2023$158.3M
FY2024$168.1M
FY2024$180.7M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1930.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $32.1M Management & general 17% · $7.0M Fundraising 4% · $1.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

33 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$468,417Pt VII · Sec A
Chief Financial Officer
$298,637Pt VII · Sec A
Dir. of Institutional Advancement
$211,011Pt VII · Sec A
Assistant Head of School
$189,461Pt VII · Sec A
Assoc. Head of School for Academics
$164,713Pt VII · Sec A
Dir. of Fin. Operations/Controller
$147,155Pt VII · Sec A
Director of Facilities and Planning
$142,452Pt VII · Sec A
$0Pt VII · Sec A

John R Packard JR’s $494K as Head of School is at the 88th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
John R Packard JR$494,037$468,417$448,438$423,571$404,876$371,997
Paul Griffin$314,518$298,637$279,342$264,009$257,336$231,374
Nina Hanlon$312,025$189,461————
Gage Dobbins$230,840$211,011$196,882$185,980$181,599$159,777
Kate Moran$175,706—————
Susanna Waters—$164,713$149,969———
Elizabeth Martin$154,046$142,452$142,404$133,595$131,713$116,139
Andrew Campbell$153,270—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Brooks School executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students for college with a meaningful, lifelong learning experience.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $32.1M · in their own filed words · FY2023
01

Secondary education college preparatory school for approximately 250 boarding and 100 day students with educational and auxiliary school activities.

$30.5Mprogram expense
02

Summer Programs

Youth-development focused summer camp for approximately 400 campers per week for eight weeks, ages four to fourteen. Teen leadership program for approximately 70 teenagers per week for eight weeks. Six-week academic summer school for students in grades seven through twelve.

$1.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 7 funders →
Grants paid · 4 grants · $524K · 2021–2024
Unitemized GrantFY2024$127,129
Unitemized GrantFY2023$126,566
Unitemized GrantFY2022$131,746
Unitemized GrantFY2021$138,531

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$38.4M
Ln 12
Fees for servicesLn 2g$27.2M
Gifts and grantsLn 1h$6.2M
Investment incomeLn 3$4.0M
Money outPt IX
$40.8M
Ln 25
Programscol B$32.1M
Managementcol C$7.0M
Fundraisingcol D$1.8M
Owns and owesPt X
$168.1M
net assets · Ln 32
Cash and savingsLn 1–2$13.9M
Total assetsLn 16$218.2M
LiabilitiesLn 26$50.1M
PeoplePt VI, VII
33
listed · VII A
PaidVII A7
Voting boardVI 1a27
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.2M
Noncash giftsLn 1g$422K
Fees for servicesLn 2g$27.2M
Investment incomeLn 3$4.0M
Other incomeLn 4–11$937K
Gains on assetsLn 7$3.4M
Total revenueLn 12$38.4M
Assets in detailPt X, end of year
CashLn 1$582K
SavingsLn 2$13.3M
Cash and savings togetherLn 1–2$13.9M
InvestmentsLn 11–13$103.7M
Land, buildings, equipmentLn 10c$83.2M
Other assetsLn 15$2.9M
Total assetsLn 16$218.2M
LiabilitiesLn 26$50.1M
Net assetsLn 32$168.1M
OperationsPt I, VI
EmployeesI 5351
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$16.6M$13.9M
InvestmentsLn 11–13$92.7M$103.7M
Land, buildings, equipmentLn 10c$83.9M$83.2M
Total assetsLn 16$210.4M$218.2M
LiabilitiesLn 26$52.1M$50.1M
Net assetsLn 32$158.3M$168.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$6.9M$6.9M
Pay of current officers, directors and key staffLn 5$949K$873K$66K$9K
Other salaries and wagesLn 7$12.0M$7.4M$3.7M$902K
Pension plan contributionsLn 8$1.2M$694K$443K$106K
Other employee benefitsLn 9$1.8M$1.4M$312K$113K
Payroll taxesLn 10$911K$602K$246K$62K
Legal feesLn 11b$55K$55K
Accounting feesLn 11c$85K$85K
Investment management feesLn 11f$626K$626K
Other fees for servicesLn 11g$762K$620K$113K$29K
Advertising and promotionLn 12$190K$249$155K$35K
Office expensesLn 13$56K$5K$40K$11K
Information technologyLn 14$409K$265K$109K$35K
OccupancyLn 16$1.6M$1.4M$98K$14K
TravelLn 17$172K$59K$76K$38K
Conferences, conventions and meetingsLn 19$346K$29K$39K$278K
InterestLn 20$813K$748K$57K$8K
Depreciation, depletion and amortizationLn 22$5.6M$5.1M$391K$56K
InsuranceLn 23$526K$484K$36K$5K
Other expenses (24a–d)Ln 24$5.2M$5.1M$156K$14K
All other expensesLn 24e$649K$396K$216K$37K
Total functional expensesLn 25$40.8M$32.1M$7.0M$1.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $38.4M$40.8M−$2.4M$168.1M 990 PDF
FY2023 $42.7M$38.8M$3.9M$158.3M 990 PDF
FY2022 $37.2M$35.8M$1.4M$142.4M 990 PDF
FY2021 $35.4M$33.4M$2.0M$154.3M 990 PDF
FY2020 $32.9M$33.1M−$252K$134.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $38,405,773 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,972,120$6,216,684
I-9 Program service revenuePrior year $25,889,082$27,225,063
I-10 Investment incomePrior year $1,610,491$4,026,701
I-11 Other revenuePrior year $265,701$937,325
I-12 Total revenuePrior year $42,737,394$38,405,773
I-13 Grants and similar amounts paidPrior year $6,615,526$6,886,100
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $15,949,424$16,916,076
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $16,256,305$17,044,891
I-18 Total expensesPrior year $38,821,255$40,847,067
I-19 Revenue less expensesPrior year $3,916,139−$2,441,294
Part VI · Governance 26 of 27 board members independent, no flags
VI-1a Voting members of the governing body27
VI-1b Independent voting members26
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $38,405,773 across 8 lines filed
VIII-1f All other contributions, gifts and grants$6,216,684
VIII-1g Noncash contributions (included above)$421,761
VIII-1h Total contributions, gifts and grants$6,216,684
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,225,063$27,225,063
VIII-3 Investment incomeUnrelated business $6,148 · Excluded from tax $570,792$576,940
VIII-7 Net gain or loss on sales of assetsUnrelated business −$1,108 · Excluded from tax $3,450,869$3,449,761
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $937,325$937,325
VIII-12 Total revenueRelated to mission $27,225,063 · Unrelated business $5,040 · Excluded from tax $4,958,986$38,405,773
Part IX · Statement of functional expenses $40,847,067 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $6,886,100$6,886,100
IX-5 Pay of current officers, directors and key staffPrograms $872,819 · Management $66,410 · Fundraising $9,487$948,716
IX-7 Other salaries and wagesPrograms $7,368,134 · Management $3,696,955 · Fundraising $902,410$11,967,499
IX-8 Pension plan contributionsPrograms $694,224 · Management $443,000 · Fundraising $105,746$1,242,970
IX-9 Other employee benefitsPrograms $1,420,733 · Management $312,440 · Fundraising $113,185$1,846,358
IX-10 Payroll taxesPrograms $602,115 · Management $246,055 · Fundraising $62,363$910,533
IX-11b Legal feesManagement $54,673$54,673
IX-11c Accounting feesManagement $84,846$84,846
IX-11f Investment management feesManagement $625,586$625,586
IX-11g Other fees for servicesPrograms $619,558 · Management $113,420 · Fundraising $29,288$762,266
IX-12 Advertising and promotionPrograms $249 · Management $154,771 · Fundraising $35,085$190,105
IX-13 Office expensesPrograms $5,351 · Management $39,803 · Fundraising $11,226$56,380
IX-14 Information technologyPrograms $264,515 · Management $108,958 · Fundraising $35,390$408,863
IX-16 OccupancyPrograms $1,439,552 · Management $98,150 · Fundraising $14,021$1,551,723
IX-17 TravelPrograms $58,514 · Management $75,994 · Fundraising $37,563$172,071
IX-19 Conferences, conventions and meetingsPrograms $28,890 · Management $39,027 · Fundraising $277,633$345,550
IX-20 InterestPrograms $748,210 · Management $56,929 · Fundraising $8,133$813,272
IX-22 Depreciation, depletion and amortizationPrograms $5,137,911 · Management $390,928 · Fundraising $55,847$5,584,686
IX-23 InsurancePrograms $484,143 · Management $36,309 · Fundraising $5,187$525,639
IX-24 Other expenses (24a–d)Programs $5,050,268 · Management $155,636 · Fundraising $13,828$5,219,732
IX-24e All other expensesPrograms $395,950 · Management $216,133 · Fundraising $37,416$649,499
IX-25 Total functional expensesPrograms $32,077,236 · Management $7,016,023 · Fundraising $1,753,808$40,847,067
Part X · Balance sheet $218,172,626 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $1,119,634$581,643
X-2 Savings and temporary cash investmentsStart of year $15,522,185$13,332,366
X-3 Pledges and grants receivableStart of year $4,071,428$3,317,313
X-4 Accounts receivableStart of year $9,493,797$10,325,362
X-9 Prepaid expenses and deferred chargesStart of year $888,418$853,920
X-10c Land, buildings and equipment, netStart of year $83,876,726$83,164,407
X-11 Publicly traded securitiesStart of year $4,122,036$4,667,431
X-12 Other securitiesStart of year $88,581,885$99,038,936
X-15 Other assetsStart of year $2,688,940$2,891,248
X-16 Total assetsStart of year $210,365,049$218,172,626
X-17 Accounts payable and accrued expensesStart of year $2,288,098$974,508
X-19 Deferred revenueStart of year $20,576,283$20,994,352
X-20 Tax-exempt bond liabilitiesStart of year $28,539,841$27,427,785
X-25 Other liabilitiesStart of year $646,591$656,036
X-26 Total liabilitiesStart of year $52,050,813$50,052,681
X-27 Net assets without donor restrictionsStart of year $72,868,269$76,759,171
X-28 Net assets with donor restrictionsStart of year $85,445,967$91,360,774
X-32 Total net assets or fund balancesStart of year $158,314,236$168,119,945
X-33 Total liabilities and net assetsStart of year $210,365,049$218,172,626
Part XI · Reconciliation of net assets $168,119,945 net assets at year end
XI-1 Total revenue$38,405,773
XI-2 Total expenses$40,847,067
XI-3 Revenue less expenses−$2,441,294
XI-4 Net assets at start of year$158,314,236
XI-5 Net unrealized gains (losses) on investments$12,059,709
XI-9 Other changes in net assets$187,294
XI-10 Net assets at end of year$168,119,945

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.