Civic Intelligence

Brooke School Foundation Inc

990 • Fiscal year 2021 • EIN 30-0015324

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 10, 2021

Organization ProfileWWW.EBROOKE.ORG
190 Cummins HwyRoslindale, MA 02131

(617) 325-7977

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.22x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

1.87x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

88th percentile

53%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

40th percentile

6.9%

Faster asset growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-1.1%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$33,923,929

Up $2,201,099 (+6.9%) from 2020

Net Assets

Up

$26,326,070

Up $3,895,554 (+17%) from 2020

Liabilities

Down

$7,597,859

Down $1,694,455 (-18%) from 2020

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin88th percentile

Revenue

Down

$4,066,404

Down $46,090 (-1.1%) from 2020

Expenses

Down

$1,897,989

Down $645,854 (-25%) from 2020

Net Income

Up

$2,168,415

Up $599,764 (+38%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $5,053,512Liabilities 2011: $3,910,811Net Assets 2011: $1,142,7012011Assets 2012: $6,455,697Liabilities 2012: $3,772,309Net Assets 2012: $2,683,3882012Assets 2013: $28,836,516Liabilities 2013: $21,627,483Net Assets 2013: $7,209,0332013Assets 2014: $31,063,222Liabilities 2014: $21,397,158Net Assets 2014: $9,666,0642014Assets 2015: $30,311,511Liabilities 2015: $18,626,044Net Assets 2015: $11,685,4672015Assets 2016: $26,469,291Liabilities 2016: $13,944,922Net Assets 2016: $12,524,3692016Assets 2017: $32,028,520Liabilities 2017: $15,057,606Net Assets 2017: $16,970,9142017Assets 2018: $34,101,916Liabilities 2018: $13,252,123Net Assets 2018: $20,849,7932018Assets 2019: $33,097,794Liabilities 2019: $12,142,567Net Assets 2019: $20,955,2272019Assets 2020: $31,722,830Liabilities 2020: $9,292,314Net Assets 2020: $22,430,5162020Assets 2021: $33,923,929Liabilities 2021: $7,597,859Net Assets 2021: $26,326,0702021Assets 2022: $40,538,327Liabilities 2022: $12,672,531Net Assets 2022: $27,865,7962022Assets 2023: $44,820,601Liabilities 2023: $8,044,530Net Assets 2023: $36,776,0712023Assets 2024: $48,267,783Liabilities 2024: $7,856,430Net Assets 2024: $40,411,3532024Assets 2025: $49,005,897Liabilities 2025: $6,114,654Net Assets 2025: $42,891,2432025

Highlighted filing

2021

Assets$33,923,929
Liabilities$7,597,859
Net Assets$26,326,070
Open 2021 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Expenses 2011: $119,0182011Expenses 2012: $179,0612012Expenses 2013: $1,200,4392013Revenue 2014: $4,813,750Expenses 2014: $2,356,719Net Income 2014: $2,457,0312014Revenue 2015: $3,569,727Expenses 2015: $1,550,324Net Income 2015: $2,019,4032015Revenue 2016: $2,972,255Expenses 2016: $2,133,353Net Income 2016: $838,9022016Revenue 2017: $7,187,368Expenses 2017: $2,740,823Net Income 2017: $4,446,5452017Revenue 2018: $8,077,489Expenses 2018: $4,198,610Net Income 2018: $3,878,8792018Revenue 2019: $4,208,975Expenses 2019: $4,103,541Net Income 2019: $105,4342019Revenue 2020: $4,112,494Expenses 2020: $2,543,843Net Income 2020: $1,568,6512020Revenue 2021: $4,066,404Expenses 2021: $1,897,989Net Income 2021: $2,168,4152021Revenue 2022: $3,752,035Expenses 2022: $1,128,871Net Income 2022: $2,623,1642022Revenue 2023: $10,159,296Expenses 2023: $1,244,359Net Income 2023: $8,914,9372023Revenue 2024: $4,798,367Expenses 2024: $1,412,708Net Income 2024: $3,385,6592024Revenue 2025: $3,688,205Expenses 2025: $1,666,668Net Income 2025: $2,021,5372025

Highlighted filing

2021

Revenue$4,066,404
Expenses$1,897,989
Net Income$2,168,415
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 10, 2021
Return Version
2020v4.1
Gross Receipts
$4,066,404
Mission and Program Overview

Mission

The mission of the brooke school foundation is the enhancement of educational opportunities for children in the boston area, specifically promoting the financial well being of the brooke charter schools.

Promote the financial well-being and provide financial support to the brooke charter schools, their students, and their graduates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$29,826,208$31,201,925▲ $1,375,717
Savings and Temporary Cash Investments$1,056,262$1,950,678▲ $894,416
Pledges and Grants Receivable$762,500$770,000▲ $7,500
Investments Other Securities$77,860--
Prepaid Expenses and Deferred Charges-$1,326-
Total Assets$31,722,830$33,923,929▲ $2,201,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,490,531$6,091,191▼ $1,399,340
Other Liabilities$1,205,827$1,116,834▼ $88,993
Deferred Revenue$571,750$363,508▼ $208,242
Accounts Payable and Accrued Expenses$24,206$26,326▲ $2,120
Total Liabilities$9,292,314$7,597,859▼ $1,694,455
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,642,490$24,863,097▲ $3,220,607
Net Assets With Donor Restrictions$788,026$1,462,973▲ $674,947
Total Net Assets Fund Balance$22,430,516$26,326,070▲ $3,895,554
Total Liabilities and Net Assets / Fund Balance$31,722,830$33,923,929▲ $2,201,099
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Jacob GrossmanPresident
Abbey ShavellDirector
Kimberly SteadmanDirector
Jon ClarkClerk
Carla DesantisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,000,866
Program Service Revenue
$0
Investment Income
$1,690,255
Other Revenue
$375,283
All Other Contributions
$2,000,866
Change in Net Assets
$2,168,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,282,893
Other Expenses$615,096
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,017,519--$1,017,519
Grants to Domestic Individuals$265,374--$265,374
Interest$166,018--$166,018
Other Expenses$1,958$519-$519
All Other Expenses$500--$500
Total Functional Expenses$1,896,797$1,192$0$1,897,989
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Brooke Charter SchoolRoslindale, MA-Provide Financial Support to Brooke Charter Schools.$1,017,519
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Brooke Charter Schools$1,110,827
Interest Rate Swap Liability$6,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Two of the board members, jon clark and kimberly steadman, are married.”

Form 990, Part VI, Section B, Line 11B

“The treasurer and clerk of the board of trustees review and approve the form 990 before filing.”

Form 990, Part VI, Section B, Line 12C

“Members of the board of trustees must verbally assert that they are in compliance with the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The foundation is included in the annual audit of the brooke charter schools' audit filed with commonwealth of massachusetts and is available upon request. Other governing documents and policies are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Brooke School Foundation Inc
EIN
30-0015324
Phone
6173257977
Address
190 CUMMINS HWY, ROSLINDALE, MA 02131

Signing Officer

Name
Jon Clark
Title
Clerk
Phone
6175222766
Signed
2021-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Clark
Formed
2003
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
John Buckley CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unwind activities 1,733,146. Loss on interest swap agreement -6,007.”

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024206
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026326
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE THE FINANCIAL WELL-BEING AND PROVIDE FINANCIAL SUPPORT TO THE BROOKE CHARTER SCHOOLS, THEIR STUDENTS, AND THEIR GRADUATES.
IRS990/AllOtherContributionsAmt02000866
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0500
IRS990/AllOtherExpensesGrp/TotalAmt0500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YVETTE PHILIP
IRS990/BooksInCareOfDetail/PhoneNum06173257977
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0190 CUMMINS HWY
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROSLINDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002131
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02000866
IRS990/CYGrantsAndSimilarPaidAmt01282893
IRS990/CYInvestmentIncomeAmt01690255
IRS990/CYOtherExpensesAmt0615096
IRS990/CYOtherRevenueAmt0375283
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02168415
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01897989
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04066404
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0571750
IRS990/DeferredRevenueGrp/EOYAmt0363508
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROMOTE THE FINANCIAL WELL-BEING OF THE BROOKE CHARTER SCHOOLS BY SOLICITING, RECEIVING, AND ADMINISTERING FUNDS FOR THE CONSTRUCTION, OPERATION, AND MAINTAINENCE OF THE SCHOOLS AND TO ENGAGE IN ANY OTHER CHARITABLE ACTIVITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0788026
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01462973
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01896797
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JACOB GROSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1CARLA DESANTIS
IRS990/Form990PartVIISectionAGrp/PersonNm2JON CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm3ABBEY SHAVELL
IRS990/Form990PartVIISectionAGrp/PersonNm4KIMBERLY STEADMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt01282893
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0265374
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0265374
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01017519
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01017519
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04066404
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0166018
IRS990/InterestGrp/TotalAmt0166018
IRS990/InvestmentIncomeGrp/ExclusionAmt01690255
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01690255
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt077860
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE BROOKE SCHOOL FOUNDATION IS THE ENHANCEMENT OF EDUCATIONAL OPPORTUNITIES FOR CHILDREN IN THE BOSTON AREA, SPECIFICALLY PROMOTING THE FINANCIAL WELL BEING OF THE BROOKE CHARTER SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07490531
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06091191
IRS990/NetAssetsOrFundBalancesBOYAmt022430516
IRS990/NetAssetsOrFundBalancesEOYAmt026326070
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021642490
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024863097
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01727139
IRS990/OtherExpensesGrp/Desc0FINANCING FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BANK SERVICE FEES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0673
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1519
IRS990/OtherExpensesGrp/ProgramServicesAmt0445428
IRS990/OtherExpensesGrp/ProgramServicesAmt11958
IRS990/OtherExpensesGrp/TotalAmt0445428
IRS990/OtherExpensesGrp/TotalAmt11958
IRS990/OtherExpensesGrp/TotalAmt2673
IRS990/OtherExpensesGrp/TotalAmt3519
IRS990/OtherLiabilitiesGrp/BOYAmt01205827
IRS990/OtherLiabilitiesGrp/EOYAmt01116834
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0TAX CREDIT REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0375283
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0375283
IRS990/OtherRevenueTotalAmt0375283
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt029826208
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt031201925
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0762500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0770000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01326
IRS990/PrincipalOfficerNm0JON CLARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01788795
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02221383
IRS990/PYInvestmentIncomeAmt01948416
IRS990/PYOtherExpensesAmt0322460
IRS990/PYOtherRevenueAmt0375283
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01568651
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02543843
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04112494
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02168415
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01056262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01950678
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 300. TAX CREDIT INCOME - 2016 AMOUNT: $ 207,719. 2017 AMOUNT: $ 466,512. 2018 AMOUNT: $ 375,283. 2019 AMOUNT: $ 375,283. 2020 AMOUNT: $ 375,283.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02000866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01788795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02096013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05898944
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05388012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017172630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01690255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02096252
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01737679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01711733
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01591637
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08827556
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0375283
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0375283
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0375283
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0466812
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0207719
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01800380
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39370
IRS990ScheduleA/PublicSupportPY170Pct00.38210
IRS990ScheduleA/PublicSupportTotal170Amt010945644
IRS990ScheduleA/SubstantialContributorsTotAmt06226986
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02000866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01788795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02096013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05898944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05388012
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017172630
IRS990ScheduleA/TotalSupportAmt027800566
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01110827
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BROOKE CHARTER SCHOOLS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST RATE SWAP LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01116834
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1254874
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt28500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SECONDARY SCHOOL TUITION SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1COMMUNITY RELIEF FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2BROOKE FOOD FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0COVID RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1COVID RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1444
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt2280
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt01017519
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE FINANCIAL SUPPORT TO BROOKE CHARTER SCHOOLS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BROOKE CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0043554252
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0190 CUMMINS HIGHWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROSLINDALE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002131
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PASSED ON TO THE BROOKE CHARTER SCHOOLS ARE TO REVIEW THE SCHOOL'S QUARTERLY FINANCIAL REPORTS AND ANNUAL AUDIT. MEMBERS OF THE FOUNDATION BOARD ARE ALSO PRESENT AT BROOKE CHARTER SCHOOLS BOARD MEETINGS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OF THE BOARD MEMBERS, JON CLARK AND KIMBERLY STEADMAN, ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER AND CLERK OF THE BOARD OF TRUSTEES REVIEW AND APPROVE THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF TRUSTEES MUST VERBALLY ASSERT THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION IS INCLUDED IN THE ANNUAL AUDIT OF THE BROOKE CHARTER SCHOOLS' AUDIT FILED WITH COMMONWEALTH OF MASSACHUSETTS AND IS AVAILABLE UPON REQUEST. OTHER GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNWIND ACTIVITIES 1,733,146. LOSS ON INTEREST SWAP AGREEMENT -6,007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt031722830
IRS990/TotalAssetsEOYAmt033923929
IRS990/TotalAssetsGrp/BOYAmt031722830
IRS990/TotalAssetsGrp/EOYAmt033923929
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02000866
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01192
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01896797
IRS990/TotalFunctionalExpensesGrp/TotalAmt01897989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09292314
IRS990/TotalLiabilitiesEOYAmt07597859
IRS990/TotalLiabilitiesGrp/BOYAmt09292314
IRS990/TotalLiabilitiesGrp/EOYAmt07597859
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022430516
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026326070
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01896797
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02065538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04066404
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031722830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033923929
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0190 CUMMINS HWY
IRS990/USAddress/CityNm0ROSLINDALE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002131
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.EBROOKE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JON CLARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CLERK
ReturnHeader/BusinessOfficerGrp/PhoneNum06175222766
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROOKE SCHOOL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0300015324
ReturnHeader/Filer/PhoneNum06173257977
ReturnHeader/Filer/USAddress/AddressLine1Txt0190 CUMMINS HWY
ReturnHeader/Filer/USAddress/CityNm0ROSLINDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002131
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AAFCPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001581
ReturnHeader/PreparerPersonGrp/PhoneNum05083669100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN BUCKLEY CPA
ReturnHeader/ReturnTs02021-12-15T10:00:06-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLARK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,923,929
Liabilities
$7,597,859
Net assets
$26,326,070
Revenue
$4,066,404
Expenses
$1,897,989
Net income
$2,168,415
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$49.0$6.11$42.9$3.69$1.67$2.02
2024Detailed filing. Detailed filing data is available for this year.$48.3$7.86$40.4$4.80$1.41$3.39
2023Detailed filing. Detailed filing data is available for this year.$44.8$8.04$36.8$10.2$1.24$8.91
2022Detailed filing. Detailed filing data is available for this year.$40.5$12.7$27.9$3.75$1.13$2.62
2021Detailed filing. Detailed filing data is available for this year.$33.9$7.60$26.3$4.07$1.90$2.17
2020Detailed filing. Detailed filing data is available for this year.$31.7$9.29$22.4$4.11$2.54$1.57
2019Detailed filing. Detailed filing data is available for this year.$33.1$12.1$21.0$4.21$4.10$0.11
2018Detailed filing. Detailed filing data is available for this year.$34.1$13.3$20.8$8.08$4.20$3.88
2017Detailed filing. Detailed filing data is available for this year.$32.0$15.1$17.0$7.19$2.74$4.45
2016Detailed filing. Detailed filing data is available for this year.$26.5$13.9$12.5$2.97$2.13$0.84
2015Detailed filing. Detailed filing data is available for this year.$30.3$18.6$11.7$3.57$1.55$2.02
2014Detailed filing. Detailed filing data is available for this year.$31.1$21.4$9.67$4.81$2.36$2.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$21.6$7.21$1.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$3.77$2.68$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$3.91$1.14$0.12