2024-02-07T09:42:16-06:00 2023-06-30 581304721 LANIGAN & ASSOCIATES P C 314 GORDON AVENUE THOMASVILLE GA 31792 990 2022-07-01 582139834 BROOKWOOD ENDOWMENT INC BROO 2292268070 301 CARDINAL RIDGE ROAD THOMASVILLE GA 31792 PHILIP WATT PRESIDENT/SECRETARY 2292268070 2024-02-02 1 PHILIP WATT 999009999 1 JOHN KEILLOR P01315239 2292268320 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PHILIP WATT 301 CARDINAL RIDGE ROAD THOMASVILLE GA 31792 9342272 0 X WWW.BROOKWOODSCHOOL.ORG/GIVING-BACK X 1994 GA TO ACQUIRE, MANAGE, AND INVEST AN ENDOWMENT FUND SUPPORTING BROOKWOOD SCHOOL, INC. 4 3 0 0 0 0 1488490 1690200 0 0 1342049 466264 3044 302 2833583 2156766 0 0 0 0 0 0 0 0 0 3249148 2176123 3249148 2176123 -415565 -19357 34326387 36823626 32938 0 34293449 36823626 THE BROOKWOOD ENDOWMENT FUND, INC. (ENDOWMENT) WAS INCORPORATED ON AUGUST 2, 1994 AS A 501(C)(3) SUPPORT FOUNDATION. THE ENDOWMENT WAS FORMED FOR THE PURPOSE OF ACQUIRING, MANAGING, AND INVESTING AN ENDOWMENT FUND AND SUPPORTING BROOKWOOD SCHOOL, INC. 0 0 2043773 BROOKWOOD ENDOWMENT FUND RECEIVES CONTRIBUTIONS FROM DONORS AND MAKES ANNUAL DISTRIBUTIONS TO BROOKWOOD SCHOOL, INC. 2043773 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 GA X MELISSA BREESE 2292268070 301 CARDINAL RIDGE ROAD THOMASVILLE GA 31792 X PHILIP WATT PRESIDENT/SECRETARY 1.00 X 0 0 0 BERNARD LANIGAN JR TREASURER 1.00 X 0 0 0 AMOS R MCMULLIAN DIRECTOR 1.00 X 0 0 0 PAGE CROZER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1690200 1690200 717896 717896 6933874 7185506 -251632 -251632 -251632 CLASS ACTION PROCEEDS 900099 302 302 302 2156766 466566 0 0 17800 17800 104710 104710 BROOKWOOD SCHOOL 2043773 2043773 UNCOLLECTED TUITION 9000 9000 TAXES AND FEES 840 840 2176123 2043773 132350 0 2625626 2924342 1752524 2344324 336840 305229 29611397 31248531 1200 34326387 36823626 32938 0 32938 0 X 34293449 36823626 34293449 36823626 34326387 36823626 -19357 2549534 0 X X 0 1 X 1 0 X X 1 BROOKWOOD SCHOOL INC 581092697 2 1 2043773 0 1 2043773 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 596700 0 0 0 1091690 717896 1688390 717896 0 0 124071 104710 0 0 1564319 613186 0 0 0 0 34293449 36823626 34293449 36823626 0 0 0 34293449 36823626 514402 552354 33779047 36271272 1182267 1269495 0 0 1182267 1269495 1564319 1329671 1182267 1329671 0 1329671 2043773 0 0 0 0 0 2043773 2043773 1329671 100.000000000000 1329671 0 1596419 1687202 1185401 1364523 0 5833545 0 1329671 266748 4237126 2043773 0 2043773 0 0 6280899 1687202 1185401 1364523 0 2043773 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34293449 1665200 2936390 2043773 27640 36823626 40972575 1488490 -5042539 3105892 19185 34293449 30124934 1789179 10508062 1364523 85077 40972575 32726180 161209 -1479504 1185401 6374 30124934 34505934 505000 26191 1687202 41993 32726180 0 0 0 X 4601590 2549534 2549534 2052056 104710 104710 2156766 2071413 0 2071413 104710 104710 2176123 PART V, LINE 4: BROOKWOOD ENDOWMENT WAS FORMED FOR THE PURPOSE OF ACQUIRING, MANAGING, AND INVESTING AN ENDOWMENT FUND SUPPORTING BROOKWOOD SCHOOL, INC. PART X, LINE 2: THE FASB ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. IF AN UNCERTAIN TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD, THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY TO BE RECOGNIZED UPON ULTIMATE SETTLEMENT WITH THE TAXING AUTHORITY IS RECORDED. THE ENDOWMENT IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C) (3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THERE ARE NO TAX POSITIONS FOR WHICH A MATERIAL CHANGE IN ANY UNRECOGNIZED TAX BENEFIT LIABILITY IS REASONABLY POSSIBLE IN THE NEXT 12 MONTHS. THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE INCOME STATEMENT OR BALANCE SHEET. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE PREPARED FORM 990 IS PROVIDED TO BROOKWOOD ENDOWMENTS BOARD AT A REGULARLY SCHEDULED MEETING. THE TREASURER PRESENTS THE 990 TO THE FULL BOARD AT WHICH TIME THE 990 IS THEN VOTED ON AS TO THE FORMS COMPLETENESS AND ACCURACY. ONCE APPROVED THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 BROOKWOOD ENDOWMENT HOLDS ALL DOCUMENTATION WITHIN THE ORGANIZATION. THE INFORMATION IS MADE AVAILABLE ONLY UPON SPECIFIC REQUEST FOR THE DOCUMENTATION, ON-SITE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS ACCOUNTING OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. BROOKWOOD SCHOOL INC CARDINAL RIDGE ROAD THOMASVILLE GA 31792 581092697 TO PROVIDE COLLEGE PREPARATORY EDUCATION TO THE STUDENTS ATTENDING GA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 BROOKWOOD SCHOOL INC R 2043773 FINANCIAL STATEMENTS