Civic Intelligence

Becket Academy

EIN 02-0511096 • 501(c)3 • Orford, NH

Profile

Operation of school and residential treatment facilities for at risk children and youth, and group shared living homes for developmentally disabled adults and other adults with mental health impairments.

PO Box 325Orford, NH 03777

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.54x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.35x

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

61st percentile

9.2%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$639,034

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

2nd percentile

-33%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-10%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$43,494,298

Down $21,022,941 (-33%) from 2023

Liabilities

Down

$23,640,053

Down $6,186,681 (-21%) from 2023

Net Assets

Down

$19,854,245

Down $14,836,260 (-43%) from 2023

Revenue

Down

$68,269,681

Down $7,688,097 (-10%) from 2023

Expenses

Down

$62,013,719

Down $2,000,666 (-3.1%) from 2023

Net Income

Down

$6,255,962

Down $5,687,431 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $4,029,581Liabilities 2010: $2,067,860Net Assets 2010: $1,961,7212010Assets 2011: $5,334,708Liabilities 2011: $2,312,734Net Assets 2011: $3,021,9742011Assets 2012: $5,868,357Liabilities 2012: $2,625,568Net Assets 2012: $3,242,7892012Assets 2013: $9,100,626Liabilities 2013: $4,061,193Net Assets 2013: $5,039,4332013Assets 2014: $11,195,142Liabilities 2014: $5,759,907Net Assets 2014: $5,435,2352014Assets 2015: $12,647,041Liabilities 2015: $5,985,028Net Assets 2015: $6,662,0132015Assets 2016: $16,225,655Liabilities 2016: $6,662,123Net Assets 2016: $9,563,5322016Assets 2017: $16,510,150Liabilities 2017: $5,215,090Net Assets 2017: $11,295,0602017Assets 2018: $21,436,441Liabilities 2018: $7,478,083Net Assets 2018: $13,958,3582018Assets 2019: $23,986,256Liabilities 2019: $9,065,239Net Assets 2019: $14,921,0172019Assets 2020: $30,204,978Liabilities 2020: $13,890,046Net Assets 2020: $16,314,9322020Assets 2021: $33,976,889Liabilities 2021: $13,519,468Net Assets 2021: $20,457,4212021Assets 2022: $39,812,230Liabilities 2022: $17,065,118Net Assets 2022: $22,747,1122022Assets 2023: $64,517,239Liabilities 2023: $29,826,734Net Assets 2023: $34,690,5052023Assets 2024: $43,494,298Liabilities 2024: $23,640,053Net Assets 2024: $19,854,2452024

Highlighted filing

2024

Assets$43,494,298
Liabilities$23,640,053
Net Assets$19,854,245

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0Expenses 2010: $6,360,0182010Expenses 2011: $6,814,6102011Revenue 2012: $9,738,598Expenses 2012: $9,596,268Net Income 2012: $142,3302012Revenue 2013: $12,119,480Expenses 2013: $10,322,836Net Income 2013: $1,796,6442013Revenue 2014: $15,339,649Expenses 2014: $14,943,847Net Income 2014: $395,8022014Revenue 2015: $19,485,980Expenses 2015: $18,259,207Net Income 2015: $1,226,7732015Revenue 2016: $25,985,951Expenses 2016: $23,084,432Net Income 2016: $2,901,5192016Revenue 2017: $28,888,665Expenses 2017: $27,157,137Net Income 2017: $1,731,5282017Revenue 2018: $31,230,141Expenses 2018: $28,566,843Net Income 2018: $2,663,2982018Revenue 2019: $33,761,579Expenses 2019: $32,798,920Net Income 2019: $962,6592019Revenue 2020: $47,286,639Expenses 2020: $45,892,724Net Income 2020: $1,393,9152020Revenue 2021: $54,457,446Expenses 2021: $50,314,957Net Income 2021: $4,142,4892021Revenue 2022: $60,348,647Expenses 2022: $58,058,956Net Income 2022: $2,289,6912022Revenue 2023: $75,957,778Expenses 2023: $64,014,385Net Income 2023: $11,943,3932023Revenue 2024: $68,269,681Expenses 2024: $62,013,719Net Income 2024: $6,255,9622024

Highlighted filing

2024

Revenue$68,269,681
Expenses$62,013,719
Net Income$6,255,962

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.5$23.6$19.9$68.3$62.0$6.26
2023Detailed filing. Detailed filing data is available for this year.$64.5$29.8$34.7$76.0$64.0$11.9
2022Detailed filing. Detailed filing data is available for this year.$39.8$17.1$22.7$60.3$58.1$2.29
2021Detailed filing. Detailed filing data is available for this year.$34.0$13.5$20.5$54.5$50.3$4.14
2020Detailed filing. Detailed filing data is available for this year.$30.2$13.9$16.3$47.3$45.9$1.39
2019Detailed filing. Detailed filing data is available for this year.$24.0$9.07$14.9$33.8$32.8$0.96
2018Detailed filing. Detailed filing data is available for this year.$21.4$7.48$14.0$31.2$28.6$2.66
2017Detailed filing. Detailed filing data is available for this year.$16.5$5.22$11.3$28.9$27.2$1.73
2016Detailed filing. Detailed filing data is available for this year.$16.2$6.66$9.56$26.0$23.1$2.90
2015Detailed filing. Detailed filing data is available for this year.$12.6$5.99$6.66$19.5$18.3$1.23
2014Detailed filing. Detailed filing data is available for this year.$11.2$5.76$5.44$15.3$14.9$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.10$4.06$5.04$12.1$10.3$1.80
2012Summary only. Only limited summary data is available for this year.$5.87$2.63$3.24$9.74$9.60$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$2.31$3.02$6.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$2.07$1.96$6.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 29, 2025
Return Version
2023v6.0
Gross Receipts
$68,269,681
Mission and Program Overview

Mission

Operation of a school and residential treatment facility for children and troubled youth.

Becket serves individuals in need of comprehensive services to support special needs arising from mental health, developmental, behavioral and emotional challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,894,179$14,749,082▼ $4,145,097
Accounts Receivable$6,141,576$8,429,880▲ $2,288,304
Pledges and Grants Receivable$8,280,807$0▼ $8,280,807
Savings and Temporary Cash Investments$10,056,477$8,174,554▼ $1,881,923
Intangible Assets$12,833,173$7,145,549▼ $5,687,624
Other Notes and Loans Receivable, Net$583,013$0▼ $583,013
Prepaid Expenses and Deferred Charges$226,654$212,459▼ $14,195
Total Assets$64,517,239$43,494,298▼ $21,022,941
Other Assets Total$7,501,360$4,782,774▼ $2,718,586
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,041,596$11,363,420▲ $1,321,824
Other Liabilities$16,302,276$8,765,241▼ $7,537,035
Accounts Payable and Accrued Expenses$3,437,029$3,511,392▲ $74,363
Deferred Revenue$45,833$0▼ $45,833
Total Liabilities$29,826,734$23,640,053▼ $6,186,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,690,505$19,854,245▼ $14,836,260
Total Net Assets Fund Balance$34,690,505$19,854,245▼ $14,836,260
Total Liabilities and Net Assets / Fund Balance$64,517,239$43,494,298▼ $21,022,941

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,792,133$3,671,085$14,463,218
Land$2,905,126-$2,905,126
Other Land Buildings$568,531$827,760$1,396,291
Leasehold Improvements$386,904$250,488$637,392
Equipment$96,388$262,558$358,946
Other Assets Org$19,992--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jay WolterPresidentPT$545,975$43,059$589,034
Jennifer CordaroExecutive DirectorFT$301,704$9,164$310,868
David ChabotSec./Chief Legal & Emp. Affairs Off.FT$285,779$24,148$309,927
Justin GiffordExecutive DirectorFT$251,559$19,347$270,906
Mark TeccaTreasurer/Chief Reporting OfficerPT$206,109$21,132$227,241
Kenneth GuthrieChief Human Resource OfficerFT$203,704$17,506$221,210
Daniel ElliottControllerFT$178,845$16,369$195,214
Tammy OlsenDirector of Business System Admin.FT$165,921$26,288$192,209
William LaughlinCEO - MvtcPT$179,729$7,470$187,199
Lisa D'InnocenzoExecutive DirectorFT$128,829$15,292$144,121
Laura Eve-CowlesDirector of Procurement & Safety Mgmt.FT$132,766$5,069$137,835
James ReaganTrustee--$60,008$60,008

Board Members and Trustees

NameTitle
Cameron BrownTrustee
David EveTrustee
Joan WolterTrustee
John ChobanianTrustee
Kevin DowdTrustee
Olivia PerosTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Synergi Partners IncConsulting ServicesPO Box 5599, Florence, SC 29502$1,195,979
Pauline MoseClient Services26 Coaker Ave, Hooksett, NH 03106$190,817
Pasang DhondupClient Services186 Blevens Drive, Manchester, NH 03104$166,668
Michele SoulardClient Services4 Kinsman Lane, Merrimack, NH 03054$153,974
-Client Services27 Holt Rd, Amherst, NH 03031$142,968
Revenue and Support

Revenue Composition

Contributions and Grants
$1,251,726
Program Service Revenue
$65,936,255
Investment Income
$402,197
Other Revenue
$679,503
All Other Contributions
$1,792
Change in Net Assets
$6,255,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,847,867
Other Expenses$25,165,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,299,401$2,944,049-$28,243,450
Fees for Services Other$14,856,359$26,832-$14,883,191
Other Employee Benefits$3,434,033$448,861-$3,882,894
Payroll Taxes$2,152,019$267,136-$2,419,155
Occupancy$2,194,235$194,411-$2,388,646
Current Officers, Directors, Trustees, and Key Employees$1,656,486$195,612-$1,852,098
Office Expenses$1,593,244$172,187-$1,765,431
Travel$1,014,545$33,019-$1,047,564
Depreciation Depletion$885,702$57,492-$943,194
Other Expenses$872,984$934-$872,984
Interest$682,641$27,270-$709,911
Insurance$549,234$12,186-$561,420
Pension Plan Contributions$402,560$47,710-$450,270
Fees for Services Accounting-$325,500-$325,500
Conferences and Meetings$254,661--$254,661
Fees for Services Legal-$137,603-$137,603
Advertising$12,495$2,043-$14,538
Total Functional Expenses$57,120,874$4,892,845$0$62,013,719
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jay WolterFamily Member to Trustee, Joan WolterEmployment. Joan Wolter, Trustee, leaves the room and does not otherwise participate in discussion of or vote with respect to said officer compensation under company conflict of interest policy.No$589,034
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligations$6,414,460
COVID Funding Advances$843,953
Financing Lease Obligations$738,812
Deferred Compensation$536,153
Due to Related Parties$231,863
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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

Joan Wolter, Trustee, and Jay Wolter, President, have a family relationship.

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

The independent accounting firm in charge of conducting the audit, presents the Form 990 to the management team, who reviews, and then presents to the Audit Committee, which approves and makes available to the full board prior to its filing. A copy is also reviewed by the Organization's President.

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

Conflicts of interest are reviewed at the board level in connection with any transaction and also via an annual disclosure process documented in the board minutes. To formalize this process, the disclosure of conflicts is on the agenda of every annual board meeting, and as applicable, during other meetings of the board.

Form 990, Part VI, Section B, line 15

The board reviews external data, deliberates, and determines the appropriate level of compensation. The process is documented in the minutes and dialogue takes place outside of the presence of the officer. In the case of key employees hired by the President, external benchmarking data from reputable sources are evaluated.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, or financial statements available to the public on request.

Filing and Contact Details

Filer

Filer Name
Becket Academy
EIN
02-0511096
Phone
6039865376
Address
PO Box 325, Orford, NH 03777

Signing Officer

Name
Jay Wolter
Title
President
Phone
6039865376
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Wolter
Formed
2000
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
5
Employees
894
Volunteers
7

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consulting: Program service expenses 84,635. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,635. Other Professional Services: Program service expenses 704,557. Management and general expenses 26,832. Fundraising expenses 0. Total expenses 731,389. Provider Stipends: Program service expenses 14,067,167. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,067,167.

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Becket Academy PO Box 325 Orford, NH 03777 EIN: 02-0511096 Becket Academy is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Form 990, Part XI, line 9:

Net Asset Transfer -- Moosilauke Visions, Inc. -21,092,222.

Raw XML AppendixShowing 400 of 938 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm4Olivia Peros
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IRS990/Form990PartVIISectionAGrp/PersonNm8David Chabot
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Director of Business System Admin.
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