Civic Intelligence

Groton School

990 • Fiscal year 2018 • EIN 04-2104265

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 22, 2019

PO Box 991Groton, MA 01450

(978) 448-3363

Siviq Scores

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

Liabilities / Assets

31st percentile

0.18x

Higher debt load relative to assets than 31% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.52x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

81st percentile

20%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

35th percentile

$605,031

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Asset Growth

57th percentile

4.6%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

13%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Assets

Up

$544,284,961

Up $24,047,664 (+4.6%) from 2017

Net Assets

Up

$449,026,856

Up $24,358,962 (+5.7%) from 2017

Liabilities

Down

$95,258,105

Down $311,298 (-0.3%) from 2017

Revenue

Up

$62,539,964

Up $7,353,846 (+13%) from 2017

Expenses

Up

$49,853,170

Up $2,455,522 (+5.2%) from 2017

Net Income

Up

$12,686,794

Up $4,898,324 (+63%) from 2017

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2010: $385,564,083Liabilities 2010: $72,333,325Net Assets 2010: $313,230,7582010Assets 2011: $421,402,610Liabilities 2011: $69,395,211Net Assets 2011: $352,007,3992011Assets 2012: $411,490,784Liabilities 2012: $78,082,487Net Assets 2012: $333,408,2972012Assets 2013: $440,108,102Liabilities 2013: $71,005,228Net Assets 2013: $369,102,8742013Assets 2014: $491,179,040Liabilities 2014: $82,859,840Net Assets 2014: $408,319,2002014Assets 2015: $511,393,534Liabilities 2015: $102,738,410Net Assets 2015: $408,655,1242015Assets 2016: $481,882,186Liabilities 2016: $102,287,689Net Assets 2016: $379,594,4972016Assets 2017: $520,237,297Liabilities 2017: $95,569,403Net Assets 2017: $424,667,8942017Assets 2018: $544,284,961Liabilities 2018: $95,258,105Net Assets 2018: $449,026,8562018Assets 2019: $544,767,407Liabilities 2019: $96,662,316Net Assets 2019: $448,105,0912019Assets 2020: $519,152,774Liabilities 2020: $104,494,682Net Assets 2020: $414,658,0922020Assets 2021: $639,928,563Liabilities 2021: $92,810,780Net Assets 2021: $547,117,7832021Assets 2022: $623,393,279Liabilities 2022: $86,063,013Net Assets 2022: $537,330,2662022Assets 2023: $636,973,139Liabilities 2023: $82,395,386Net Assets 2023: $554,577,7532023Assets 2024: $670,317,540Liabilities 2024: $67,380,063Net Assets 2024: $602,937,4772024

Highlighted filing

2018

Assets$544,284,961
Liabilities$95,258,105
Net Assets$449,026,856

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $35,661,3622010Expenses 2011: $35,359,4182011Expenses 2012: $36,872,2572012Revenue 2013: $55,422,257Expenses 2013: $37,977,088Net Income 2013: $17,445,1692013Revenue 2014: $56,589,566Expenses 2014: $40,513,182Net Income 2014: $16,076,3842014Revenue 2015: $74,251,890Expenses 2015: $42,523,684Net Income 2015: $31,728,2062015Revenue 2016: $61,651,103Expenses 2016: $45,214,844Net Income 2016: $16,436,2592016Revenue 2017: $55,186,118Expenses 2017: $47,397,648Net Income 2017: $7,788,4702017Revenue 2018: $62,539,964Expenses 2018: $49,853,170Net Income 2018: $12,686,7942018Revenue 2019: $57,003,989Expenses 2019: $50,262,937Net Income 2019: $6,741,0522019Revenue 2020: $50,710,312Expenses 2020: $51,159,807Net Income 2020: -$449,4952020Revenue 2021: $71,039,183Expenses 2021: $54,862,923Net Income 2021: $16,176,2602021Revenue 2022: $61,768,419Expenses 2022: $54,908,675Net Income 2022: $6,859,7442022Revenue 2023: $54,693,070Expenses 2023: $55,058,708Net Income 2023: -$365,6382023Revenue 2024: $71,557,927Expenses 2024: $55,348,732Net Income 2024: $16,209,1952024

Highlighted filing

2018

Revenue$62,539,964
Expenses$49,853,170
Net Income$12,686,794
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 22, 2019
Return Version
2017v2.0
Gross Receipts
$71,096,272
Mission and Program Overview

Mission

Groton School is dedicated to educating promising students in a diverse and intimate community that fosters intellectual, moral, and spiritual character and physical development in preparation for lifelong learning, leadership, and service to others.

Groton School provides college and university preparatory education for students in grades eight to twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$228,767,975$248,677,459▲ $19,909,484
Investments Other Securities$135,979,710$138,881,933▲ $2,902,223
Land, Buildings, and Equipment, Net$132,670,604$131,981,465▼ $689,139
Pledges and Grants Receivable$12,364,070$14,804,901▲ $2,440,831
Intangible Assets$7,218,013$7,218,013→ $0
Savings and Temporary Cash Investments$2,065,179$1,550,153▼ $515,026
Accounts Receivable$587,880$483,269▼ $104,611
Prepaid Expenses and Deferred Charges$262,565$381,825▲ $119,260
Inventories for Sale or Use$257,975$225,132▼ $32,843
Cash and Non-Interest-Bearing Accounts$39,042$62,341▲ $23,299
Investments Program Related$15,797$15,797→ $0
Other Notes and Loans Receivable, Net$8,487$2,673▼ $5,814
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$520,237,297$544,284,961▲ $24,047,664
Other Assets Total$0$0→ $0
Liabilities
Tax Exempt Bond Liabilities$69,925,381$68,647,756▼ $1,277,625
Accounts Payable and Accrued Expenses$11,909,064$13,537,735▲ $1,628,671
Other Liabilities$10,579,867$8,388,367▼ $2,191,500
Deferred Revenue$3,155,091$2,445,511▼ $709,580
Unsecured Notes Loans Payable$0$2,238,736▲ $2,238,736
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$95,569,403$95,258,105▼ $311,298
Net Assets / Fund Balance
Unrestricted Net Assets$246,462,643$251,529,384▲ $5,066,741
Permanently Rstr Net Assets$92,626,175$109,930,235▲ $17,304,060
Temporarily Rstr Net Assets$85,579,076$87,567,237▲ $1,988,161
Total Net Assets Fund Balance$424,667,894$449,026,856▲ $24,358,962
Total Liabilities and Net Assets / Fund Balance$520,237,297$544,284,961▲ $24,047,664

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$116,478,445$89,326,268$205,804,713
Equipment$4,163,889$9,089,420$13,253,309
Other Land Buildings$4,247,158$6,233,148$10,480,306
Land$7,091,973-$7,091,973
Leasehold Improvements$0$0$0
Other Securities$10,603,164--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$360,959,010$13,616,292▲ $24,266,829$12,810,644$382,574,956
2016$320,150,377$14,471,653▲ $43,721,190$13,990,825$360,959,010
2015$348,220,123$4,138,587▼ $11,323,956$17,543,926$320,150,377
2014$352,334,319$3,983,613▲ $4,468,108$9,669,959$348,220,123
2013$313,592,181$2,553,487▲ $46,100,003$7,114,213$352,334,319
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Temba MaqubelaHeadmasterFT$429,677$175,354$605,031
Arthur DiazChief Financial OfficerFT$255,236$99,920$355,156
John MacEachernDirector of DevelopmentFT$235,529$103,490$339,019
Harold W Anderson IIIAssistant HeadmasterFT$140,059$151,877$291,936
Ian GraceyDirector of AdmissionsFT$147,152$91,572$238,724
Elizabeth PrestonChief Technology OfficerFT$134,560$60,553$195,113
Elizabeth LawrenceDevelopment Leadership Gift OfficerFT$127,053$52,813$179,866

Board Members and Trustees

NameTitle
Jonathan D KleinPresident
Ann Bakewell WoodwardVice President
Alexander Robert KrapfBoard Member
Andrea N PicottBoard Member
Andrew S PaulBoard Member
Benjamin N PyneBoard Member
David AltshulerBoard Member
Diana S FergusonBoard Member
Diana V ChigasBoard Member
Franz F Colloredo MansfeldBoard Member
Gary C HillBoard Member
Grant A GundBoard Member
James H R WindelsBoard Member
Jennifer Eplett ReillyBoard Member
John R S JacobssonBoard Member
Monica Spencer GreenBoard Member
Nancy YangBoard Member
Nicholas F BurginBoard Member
Rachel E DiamondBoard Member
Richard R PattonBoard Member
Stacey Clover SymondsBoard Member
William B GrayBoard Member
William C VrattosBoard Member
Peter C ErichsenSecretary
D D Willard Gardiner JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mahan Slate Roofing CompanyConstruction699 Silver Street, Suite A, Agawam, MA 01001$1,691,968
FlikFood Service2 International Drive, PO Box 434, Rye Brook, NY 10573$1,610,975
Robert L FulmerInvestment Consultant125 High Street, Boston, MA 02110$812,685
-Custodial Service997 Millbury Street, Worcester, MA 01607$581,283
-Construction184 Vista View Drive, North Conway, NH 03860$337,027
Revenue and Support

Revenue Composition

Contributions and Grants
$21,871,686
Program Service Revenue
$21,098,333
Investment Income
$19,230,569
Other Revenue
$339,376
All Other Contributions
$21,871,686
Change in Net Assets
$12,686,794

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded125$1,362,067Fair Market Value (FMV)
Total Noncash Contributions125$1,362,067-

Audited Revenue Reconciliation

Revenue per Audited Statements
$58,837,600
Revenue Not Reported on Financial Statements
$3,702,364
Revenue Not Reported on Form 990
$5,626,541
Other Revenue Adjustments
$-148,611
Total Revenue per Audited Statements
$64,464,141
Total Revenue per Form 990
$62,539,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,455,754
Salaries, Compensation, and Employee Benefits$20,823,711
Grants and Similar Amounts Paid$6,573,705
Total Fundraising Expense$2,526,880
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,304,716$1,814,713$1,299,867$12,419,296
Depreciation Depletion$7,927,969$241,230$0$8,169,199
Grants to Domestic Individuals$6,442,206--$6,442,206
Other Employee Benefits$1,722,678$1,239,677$252,181$3,214,536
Fees for Service Investment Mgmnt Fees$35$3,070,023$0$3,070,058
Occupancy$3,045,200$14,562$1,036$3,060,798
Interest$0$2,736,748$0$2,736,748
Pension Plan Contributions$1,640,355$556,629$268,849$2,465,833
Payroll Taxes$1,091,656$370,436$178,919$1,641,011
Fees for Services Other$351,309$844,769$45,384$1,241,462
Current Officers, Directors, Trustees, and Key Employees$0$960,188$0$960,188
Information Technology$139,337$286,131$36,736$462,204
Travel$77,634$236,079$105,822$419,535
Advertising$83,918$192,129$96,696$372,743
Insurance$36,413$224,497$22,625$283,535
Office Expenses$61,788$83,553$41,486$186,827
All Other Expenses$63,129$92,554$2,921$158,604
Other Expenses$25,615$97,826$28,773$152,214
Fees for Services Accounting$11,784$136,154$0$147,938
Grants to Domestic Orgs$131,499--$131,499
Comp Disqual Persons$122,847$0$0$122,847
Fees for Services Legal$2,549$114,803$0$117,352
Conferences and Meetings$28,666$34,254$3,328$66,248
Total Functional Expenses$33,838,550$13,487,740$2,526,880$49,853,170

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$49,853,170
Total Expenses per Audited Statements$40,105,179
Expenses per Audited Statements$39,956,568
Expenses Not Reported on Financial Statements$9,896,602
Other Expense Adjustments$6,045,627
Expenses Not Reported on Form 990$148,611
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of GrotonGroton, MAGovernment EntityThe contribution was made to help the Town of Groton subsidize their annual operating costs.$125,600

International Summary

Offices
0
Employees
0
Spending
$15,661,802

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificInvestments-00$15,377,802
East Asia and the PacificFundraisingFundraising receptions held in South Korea and China in March 2018.00$53,000
South AsiaProgram ServicesSchool sponsored Global Education trip to India that included fourteen students.00$42,000
East Asia and the PacificProgram ServicesSchool sponsored Instrumental Music trip to China that included sixteen students.00$36,000
Sub-Saharan AfricaProgram ServicesSchool sponsored Global Education trip to Tanzania that included fifteen students.00$35,000
Europe (including Iceland and Greenland)Program ServicesSchool sponsored Global Education trip to Greece that included eighteen students.00$33,000
Europe (including Iceland and Greenland)FundraisingFundraising reception held in London in October 2017.00$20,000
Europe (including Iceland and Greenland)FundraisingFundraising reception held in London in April 2018.00$18,000
East Asia and the PacificProgram ServicesAdmissions receptions held in China and South Korea in December 2017.00$17,000
Sub-Saharan AfricaFundraisingFundraising receptions held in South Africa in May 2018.00$13,000
East Asia and the PacificProgram ServicesAttendance at the WLSA Global Educator Conference in Shanghai in July 2017.00$9,000
East Asia and the PacificFundraisingFundraising reception held in China in September 2017.00$7,000
East Asia and the PacificSpeaking at Seminars or ConferencesAttendance at the IASPR conference in Sydney, Australia in June 2018.00$1,000
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Vuyelwa M MaqubelaFamily Member of Temba MaqubelaEmploymentNo$120,476
Eileen DiazFamily Member of Arthur DiazEmploymentNo$2,371

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Rate Swap Agrements$6,100,910
Charitable Remainder Unitrusts$1,588,118
Charitable Gift Annuities$699,339

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2013-10-17$75,000,000Building renovations & refinancing existing debt

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$75,000,000$0$6,010,000$474,250

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft of the Form 990 without Schedule B was distributed electronically to each member of the Audit Committee. After a thorough review, the Committee had an opportunity to ask questions and suggest revisions during a group conference call. The draft was also posted to a secure electronic portal, accessible by the full Board, prior to filing.

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

All School officers, key employees, and members of the Board of Trustees are required annually to read the conflict of interest policy and sign the document. The signature indicates an understanding of the guidelines and an assurance to the Board that they are in compliance with the policy. Any potential conflict must be disclosed and reviewed by the President of the Board to determine if further action is required. Any identified conflict will prohibit such individual from participating in the governing body's deliberations and transaction decisions related to the conflict.

Form 990, Part VI, Section B, Line 15

An employment contract between the Headmaster and the School is updated periodically and renewed annually. Each year, the President of the Board and the Compensation Committee review the Headmaster's and other senior administrator's salaries and benefits. The salary survey provided by the Association of Business Officers of Preparatory Schools is used as a guide and a point of comparison. The annual salary and benefit offerings for the Chief Financial Officer are made by the Headmaster. All salaries and benefit offerings for the remaining School employees are updated annually and approved by the Chief Financial Officer or the Headmaster up to the aggregate salary approved by the Board of Trustees.

Form 990, Part VI, Section C, Line 19

The Form 990 without Schedule B can be viewed on-line by going to guidestar.org, an independently operated website. The conflict of interest policy, governing documents, and financial statements may be viewed any time upon request for the same period of disclosure set forth in Section 6104(d).

Filing and Contact Details

Filer

Filer Name
Groton School
EIN
04-2104265
Phone
9784483363
Address
PO Box 991, Groton, MA 01450

Signing Officer

Name
Arthur Diaz
Title
Chief Financial Officer
Phone
9784487566
Signed
2019-03-22

Organization Details

Principal Officer
Arthur Diaz
Formed
1884
Legal Domicile
Ma
Voting Board Members
26
Independent Board Members
25
Employees
245
Volunteers
340
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in value of interest rate swap agreements 2,180,233, accrued pension liability 1,166,638, split interest agreements 562,625, and recovery of uncollectible pledges (356,226).

Financial Statement Notes

Schedule D, Part III, Line 1

The collections, which include art work, books, and artifacts of historical significance have been acquired through contributions since the School's inception and are not recognized as assets on the statement of financial position. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset class.

Schedule D, Part III, Line 4

The artwork acquired by the School since its inception often relates to the School's history and has either been purchased or acquired by donation. This collection is displayed throughout the campus for viewing by students, faculty, and visitors.

Schedule D, Part V, Line 4

The endowment is used to support the mission of the School.

Schedule D, Part X, Line 2

The School follows FASB ASC 740, Income Taxes, which clarifies the accounting for uncertain tax positions by prescribing the recognition threshold a tax position is required to meet before being recognized in the financial statements. The School recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management evaluated the School's tax positions and concluded that the School had no material uncertain income positions as of June 30, 2018 or 2017. The School is no longer subject to income tax examinations by the US federal, state, or local tax authorities for fiscal years before 2015. The School will account for interest and penalties related to uncertain tax positions, if any, as part of tax expense.

Schedule D, Part XI, Line 2D

Unrealized gain on the value of interest rate swaps 2,180,233, reduced accrued pension liability 1,166,638, increase in value of split interest agreements 562,625, financial aid (6,045,627), and the recovery provision for uncollectible pledges (356,226).

Schedule D, Part XI, Line 4B

Rental expenses associated with unrelated business income (36,574), cost of goods sold at the School store (83,341), and loss on disposal of assets (28,696).

Schedule D, Part XII, Line 2D

Rental expenses associated with unrelated business income 36,574, loss on disposal of property 28,696, and the cost of goods sold at the School store 83,341.

Schedule D, Part XII, Line 4B

Financial aid of 6,045,627.

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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt1PO Box 434
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Agawam
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Rye Brook
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Boston
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Worcester
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4North Conway
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NH
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd202110
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd403860
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Mahan Slate Roofing Company
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FLIK
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Cambridge Associates
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Eagle Cleaning Corporation
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2Robert L Fulmer
IRS990/ContractorCompensationGrp/ServicesDesc0Construction
IRS990/ContractorCompensationGrp/ServicesDesc1Food Service
IRS990/ContractorCompensationGrp/ServicesDesc2Investment Consultant
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IRS990/Desc0Education of students in grades eight through twelve in a non-profit, co-educational college preparatory boarding school. The School provides aid assistance for 38% of its students in the form of tuition grants, housing support, travel assistance, and subsidies for books, supplies, and laptop purchases (378 students).
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30151877
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3152813
IRS990/Form990PartVIISectionAGrp/PersonNm0David Altshuler
IRS990/Form990PartVIISectionAGrp/PersonNm1Nicholas F Burgin
IRS990/Form990PartVIISectionAGrp/PersonNm2Diana V Chigas
IRS990/Form990PartVIISectionAGrp/PersonNm3Franz F Colloredo Mansfeld
IRS990/Form990PartVIISectionAGrp/PersonNm4Rachel E Diamond
IRS990/Form990PartVIISectionAGrp/PersonNm5Diana S Ferguson
IRS990/Form990PartVIISectionAGrp/PersonNm6William B Gray
IRS990/Form990PartVIISectionAGrp/PersonNm7Monica Spencer Green
IRS990/Form990PartVIISectionAGrp/PersonNm8Grant A Gund
IRS990/Form990PartVIISectionAGrp/PersonNm9Gary C Hill
IRS990/Form990PartVIISectionAGrp/PersonNm10John R S Jacobsson
IRS990/Form990PartVIISectionAGrp/PersonNm11Alexander Robert Krapf
IRS990/Form990PartVIISectionAGrp/PersonNm12Richard R Patton
IRS990/Form990PartVIISectionAGrp/PersonNm13Andrew S Paul
IRS990/Form990PartVIISectionAGrp/PersonNm14Andrea N Picott
IRS990/Form990PartVIISectionAGrp/PersonNm15Benjamin N Pyne
IRS990/Form990PartVIISectionAGrp/PersonNm16Jennifer Eplett Reilly
IRS990/Form990PartVIISectionAGrp/PersonNm17Stacey Clover Symonds
IRS990/Form990PartVIISectionAGrp/PersonNm18William C Vrattos
IRS990/Form990PartVIISectionAGrp/PersonNm19James H R Windels
IRS990/Form990PartVIISectionAGrp/PersonNm20Nancy Yang
IRS990/Form990PartVIISectionAGrp/PersonNm21Jonathan D Klein
IRS990/Form990PartVIISectionAGrp/PersonNm22Ann Bakewell Woodward
IRS990/Form990PartVIISectionAGrp/PersonNm23D D Willard Gardiner Jr
IRS990/Form990PartVIISectionAGrp/PersonNm24Peter C Erichsen
IRS990/Form990PartVIISectionAGrp/PersonNm25Temba Maqubela
IRS990/Form990PartVIISectionAGrp/PersonNm26Arthur Diaz
IRS990/Form990PartVIISectionAGrp/PersonNm27John MacEachern
IRS990/Form990PartVIISectionAGrp/PersonNm28Elizabeth Preston
IRS990/Form990PartVIISectionAGrp/PersonNm29Ian Gracey
IRS990/Form990PartVIISectionAGrp/PersonNm30Harold W Anderson III
IRS990/Form990PartVIISectionAGrp/PersonNm31Elizabeth Lawrence
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$670$67.4$603$71.6$55.3$16.2
2023Detailed filing. Detailed filing data is available for this year.$637$82.4$555$54.7$55.1$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$623$86.1$537$61.8$54.9$6.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$640$92.8$547$71.0$54.9$16.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$519$104$415$50.7$51.2$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$545$96.7$448$57.0$50.3$6.74
2018Detailed filing. Detailed filing data is available for this year.$544$95.3$449$62.5$49.9$12.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$520$95.6$425$55.2$47.4$7.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$482$102$380$61.7$45.2$16.4
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$511$103$409$74.3$42.5$31.7
2014Detailed filing. Detailed filing data is available for this year.$491$82.9$408$56.6$40.5$16.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$440$71.0$369$55.4$38.0$17.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$411$78.1$333$36.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$421$69.4$352$35.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$386$72.3$313$35.7