Civic Intelligence

Tower Hill School Association

990 • Fiscal year 2016 • EIN 51-0065745

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 28, 2017

2813 West 17th StreetWilmington, DE 19806

(302) 657-8360

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.08x

Higher debt load relative to assets than 23% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.28x

Higher debt load relative to revenue than 38% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

16th percentile

-11%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$267,092

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

18th percentile

-4.2%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

1.5%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Down

$68,318,096

Down $3,005,994 (-4.2%) from 2015

Net Assets

Down

$62,627,085

Down $3,496,656 (-5.3%) from 2015

Liabilities

Up

$5,691,011

Up $490,662 (+9.4%) from 2015

Revenue

Up

$19,995,917

Up $292,590 (+1.5%) from 2015

Expenses

Up

$22,150,373

Up $607,586 (+2.8%) from 2015

Net Income

Down

-$2,154,456

Down $314,996 (-17%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $67,529,849Liabilities 2011: $3,793,875Net Assets 2011: $63,735,9742011Assets 2012: $65,622,173Liabilities 2012: $4,787,603Net Assets 2012: $60,834,5702012Assets 2013: $68,258,149Liabilities 2013: $4,922,595Net Assets 2013: $63,335,5542013Assets 2014: $71,252,638Liabilities 2014: $4,799,240Net Assets 2014: $66,453,3982014Assets 2015: $71,324,090Liabilities 2015: $5,200,349Net Assets 2015: $66,123,7412015Assets 2016: $68,318,096Liabilities 2016: $5,691,011Net Assets 2016: $62,627,0852016Assets 2017: $70,748,363Liabilities 2017: $5,141,095Net Assets 2017: $65,607,2682017Assets 2018: $74,417,037Liabilities 2018: $5,976,329Net Assets 2018: $68,440,7082018Assets 2019: $86,306,055Liabilities 2019: $13,945,463Net Assets 2019: $72,360,5922019Assets 2020: $91,556,588Liabilities 2020: $18,028,275Net Assets 2020: $73,528,3132020Assets 2021: $112,683,577Liabilities 2021: $16,400,356Net Assets 2021: $96,283,2212021Assets 2022: $106,938,816Liabilities 2022: $16,083,854Net Assets 2022: $90,854,9622022Assets 2023: $116,101,299Liabilities 2023: $16,987,665Net Assets 2023: $99,113,6342023Assets 2024: $125,431,337Liabilities 2024: $15,841,657Net Assets 2024: $109,589,6802024

Highlighted filing

2016

Assets$68,318,096
Liabilities$5,691,011
Net Assets$62,627,085

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $20,076,6142011Expenses 2012: $20,276,4292012Expenses 2013: $20,135,7982013Revenue 2014: $25,284,297Expenses 2014: $21,370,097Net Income 2014: $3,914,2002014Revenue 2015: $19,703,327Expenses 2015: $21,542,787Net Income 2015: -$1,839,4602015Revenue 2016: $19,995,917Expenses 2016: $22,150,373Net Income 2016: -$2,154,4562016Revenue 2017: $21,802,535Expenses 2017: $23,188,586Net Income 2017: -$1,386,0512017Revenue 2018: $25,673,209Expenses 2018: $24,820,850Net Income 2018: $852,3592018Revenue 2019: $29,163,708Expenses 2019: $27,275,798Net Income 2019: $1,887,9102019Revenue 2020: $29,330,991Expenses 2020: $27,173,959Net Income 2020: $2,157,0322020Revenue 2021: $48,814,816Expenses 2021: $27,796,247Net Income 2021: $21,018,5692021Revenue 2022: $33,725,781Expenses 2022: $28,787,692Net Income 2022: $4,938,0892022Revenue 2023: $39,938,027Expenses 2023: $29,889,324Net Income 2023: $10,048,7032023Revenue 2024: $39,244,791Expenses 2024: $31,579,555Net Income 2024: $7,665,2362024

Highlighted filing

2016

Revenue$19,995,917
Expenses$22,150,373
Net Income-$2,154,456
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 28, 2017
Return Version
2015v3.0
Gross Receipts
$25,690,543
Mission and Program Overview

Mission

Tower hill school prepares students from diverse backgrounds for full and creative engagement with a dynamic world. Each student is provided with an educational experience that emphasizes the development of an inquisitive, discerning and critical mind; the value of being creative and aesthetically sensitive; the appreciation of physical well-being; the ability to collaborate and function as part of a team; and the growth of character.

Tower hill school is a co-educational school for students 3 years old through grade 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$34,362,715$33,461,963▼ $900,752
Land, Buildings, and Equipment, Net$33,548,246$31,639,711▼ $1,908,535
Savings and Temporary Cash Investments$1,940,988$1,992,982▲ $51,994
Cash and Non-Interest-Bearing Accounts$1,394,639$1,124,262▼ $270,377
Prepaid Expenses and Deferred Charges$42,896$68,634▲ $25,738
Accounts Receivable$10,409$15,756▲ $5,347
Other Notes and Loans Receivable, Net$24,197$14,788▼ $9,409
Total Assets$71,324,090$68,318,096▼ $3,005,994
Liabilities
Deferred Revenue$4,772,049$5,306,734▲ $534,685
Other Liabilities$428,300$384,277▼ $44,023
Total Liabilities$5,200,349$5,691,011▲ $490,662
Net Assets / Fund Balance
Unrestricted Net Assets$44,371,872$41,931,855▼ $2,440,017
Permanently Rstr Net Assets$20,090,153$20,178,343▲ $88,190
Temporarily Rstr Net Assets$1,661,716$516,887▼ $1,144,829
Total Net Assets Fund Balance$66,123,741$62,627,085▼ $3,496,656
Total Liabilities and Net Assets / Fund Balance$71,324,090$68,318,096▼ $3,005,994

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,715,452$18,286,178$45,001,630
Leasehold Improvements$1,615,096$6,817,379$8,432,475
Land$3,247,658-$3,247,658
Equipment$61,505$2,916,668$2,978,173
Other Securities$33,461,963--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$31,430,215$88,190▼ $900,757$501,464$29,317,648
2014$31,584,043$60,956▲ $1,030,216$479,426$31,430,215
2013$28,469,653$139,939▲ $4,149,451$454,782$31,584,043
2012$26,488,424$92,538▲ $3,063,691$456,254$28,469,653
2011$29,035,520$23,068▼ $1,320,164$488,722$26,488,424
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Elizabeth SpeersHead of SchoolFT$220,735$46,357$267,092
Ms Julie TopkisChief Advancement OfficerFT$153,590$39,185$192,775
Mr Harry BaetjerAssistant Head of SchoolFT$153,591$21,020$174,611
Mr Daniel HickeyAsst Head/head of Upper SchoolFT$104,744$61,283$166,027
Ms Janet PlylerBusiness ManagerFT$144,921$19,862$164,783
Mr Kelly DeshaneDirector of AdmissionFT$105,506$36,546$142,052
Mr Jack HollowayDirector of AthleticsFT$108,400$8,672$117,072

Highest Paid Contractors

ContractorServicesLocationCompensation
Williamson Hospitality Service INCDining Service97 GREAT VALLEY PARKWAY, Malvern, PA 19355$704,910
Nash Omniscaping LLCLandscaperP O BOX 40, Montchanin, DE 19710$354,017
First Choice Cleaning ServiceCleaning Service1722 NEWPORT GAP PIKE, Wilmington, DE 19808$309,802
Modern ControlsEquipment Service7 BELLECOR DR, New Castle, DE 19720$163,718
Art & Science GroupConsulting Service300 EAST LOMBARD STREET, Baltimore, MD 21202$138,951
Revenue and Support

Revenue Composition

Contributions and Grants
$1,488,226
Program Service Revenue
$17,614,394
Investment Income
$569,807
Other Revenue
$323,490
All Other Contributions
$1,488,226
Change in Net Assets
$-2,154,456

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 Traded11$129,063Fair Market Value (FMV)
Total Noncash Contributions11$129,063-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,455,742
Revenue Not Reported on Financial Statements
$3,540,175
Revenue Not Reported on Form 990
$-728,912
Other Revenue Adjustments
$3,540,175
Total Revenue per Audited Statements
$15,726,830
Total Revenue per Form 990
$19,995,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,166,232
Other Expenses$6,424,556
Grants and Similar Amounts Paid$3,559,585
Total Fundraising Expense$472,317
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,086,998$726,780$186,071$8,999,849
Grants to Domestic Individuals$3,559,585--$3,559,585
Depreciation Depletion$1,978,563--$1,978,563
Occupancy$1,782,035--$1,782,035
Other Employee Benefits$883,259$123,273$26,029$1,032,561
Current Officers, Directors, Trustees, and Key Employees$259,382$438,091$59,895$757,368
Payroll Taxes$591,108$82,499$17,420$691,027
Pension Plan Contributions$586,318$81,830$17,279$685,427
Office Expenses-$209,577-$209,577
Insurance$139,638--$139,638
Other Expenses$120,741$21,901$165,623$120,741
Fees for Service Investment Mgmnt Fees-$112,730-$112,730
All Other Expenses$61,060--$61,060
Information Technology-$58,185-$58,185
Fees for Services Accounting-$40,915-$40,915
Fees for Services Legal-$24,971-$24,971
Fees for Services Other-$24,361-$24,361
Advertising-$1,554-$1,554
Total Functional Expenses$19,596,546$2,081,510$472,317$22,150,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,150,373
Total Expenses per Audited Statements$19,223,486
Expenses per Audited Statements$18,610,198
Expenses Not Reported on Financial Statements$3,540,175
Other Expense Adjustments$3,540,175
Expenses Not Reported on Form 990$613,288
International Activity

International Summary

Offices
0
Employees
0
Spending
$2,497,183

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
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
CaribbeanInvestments-00$2,497,183
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
Reserve for Specific Purposes$212,337
Student Group Funds$171,940
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
No
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 11

Form 990 is reviewed and approved by the head of school and the audit committee. Prior to filing, the final draft of the form 990 is made available to the board of trustees for their review.

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

Trustees are required annually to sign conflict of interest statements and disclose any known or potential conflicts of interest in these statements.

Form 990, Part VI, Section B, Line 15

The head of school's annual compensation is reviewed annually and approved by the board of trustees executive committee and reported to the full board of trustees.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are held with the school and may be made available upon request.

Filing and Contact Details

Filer

Filer Name
Tower Hill School Association
EIN
51-0065745
Phone
3026578360
Address
2813 WEST 17TH STREET, WILMINGTON, DE 19806

Signing Officer

Name
Elizabeth C Spears
Title
Head of School
Phone
3026578360
Signed
2017-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth C Speers
Formed
1919
Legal Domicile
De
Voting Board Members
20
Independent Board Members
20
Employees
227
Volunteers
207

Preparer

Firm
Cover & Rossiter Pa
Address
62 ROCKFORD ROAD, WILMINGTON, DE 19806
Preparer
Peter S Kennedy CPA
Phone
3026566632
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The school's policy is to use a modified cash basis of accounting. The following areas have been accounted for on a strict cash basis: - operating expenditures - capital expenses - contributions revenue - tuition revenue - all other miscellaneous revenue and expenses the following areas have been accounted for on an accrual basis: - tuition prepayments - employee loans - any bank debts - miscellaneous reserves and student funds

FORM 990, PART XII, LINE 2C:

In the current year, tower hill formed an audit committee responsible for the oversight of the audit. Previously tower hill's finance and investment committee was responsible for the oversight of the audit.

Financial Statement Notes

PART X, LINE 2:

The association has adopted the provisions of fasb asc 740-10-50, accounting for uncertainty in income taxes. Management continuously evaluates the association's tax positions in relation to any expiring statutes of limitations, audits, proposed settlements, changes in tax law or new authoritative rulings, as applicable. Management's evaluation is that there is no possible additional unrecorded income tax liability. This evaluation is based on settled and established positions within the internal revenue code and management believes there is no significant uncertainty related to its evaluation. The association's policy is to expense all interest and penalties, if any, as incurred. No amounts of interest or penalties were recognized by the school during the year ended june 30, 2016.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost goods sold 612,663. Rental expense 625.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance, remission and merit-based awards 3,540,175.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 612,663. Rental expense 625.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance and merit-based awards 2,172,535. Tuition remission 1,367,640.

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IRS990/Desc0EDUCATIONAL PROGRAMS - TOWER HILL IS A CO-EDUCATIONAL INDEPENDENT SCHOOL WITH 705 STUDENTS FROM 3 YEARS OLD THROUGH GRADE 12. THE LOWER SCHOOL ACHIEVED ENROLLMENT OF 226 STUDENTS, THE MIDDLE SCHOOL WITH 219 STUDENTS AND THE UPPER SCHOOL WITH 260 STUDENTS. TOWER HILL GRADUATED 60 STUDENTS IN THE CLASS OF 2016. MEMBERS OF THIS CLASS NOW ATTEND YALE UNIVERSITY, JOHN HOPKINS UNIVERSITY, AMHERST COLLEGE, GEORGE WASHINGTON UNIVERSITY, UNIVERSITY OF CALIFORNIA - DAVIS, UNIVERSITY OF CALIFORNIA - SAN DIEGO, BROWN UNIVERSITY, BUCKNELL UNIVERSITY, CHAMPLAIN COLLEGE, COLLEGE OF CHARLESTON, DARTMOUTH COLLEGE, ELON UNIVERSITY, EMORY UNIVERSITY, FRANKLIN & MARSHALL COLLEGE, FURMAN UNIVERSITY, GETTYSBURG COLLEGE, GOUCHER COLLEGE, HIGH POINT UNIVERSITY, LYNCHBURG COLLEGE, MUHLENBERG COLLEGE, NEW YORK UNIVERSITY, NORTH CAROLINA STATE UNIVERSITY, PENNSYLVANIA STATE UNIVERSITY, RHODES COLLEGE, STANFORD UNIVERSITY, SWARTHMORE COLLEGE, SYRACUSE UNIVERSITY, TULANE UNIVERSITY, UNIVERSITY OF ALABAMA, UNIVERSITY OF CHICAGO, UNIVERSITY OF DELAWARE, UNIVERSITY OF MARYLAND - COLLEGE PARK, UNIVERSITY OF NOTRE DAME, UNIVERSITY OF PENNSYLVANIA, UNIVERSITY OF SOUTH CAROLINA, UNIVERSITY OF MIAMI, URSINUS COLLEGE, WAKE FOREST UNIVERSITY, WASHINGTON COLLEGE, WELLESLEY COLLEGE, WESLEYAN UNIVERSITY AND UNIVERSITY OF TEXAS - AUSTIN.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2019862
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2146357
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2239185
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2321020
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2436546
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2561283
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt268672
IRS990/Form990PartVIISectionAGrp/PersonNm0DR EARL J BALL III
IRS990/Form990PartVIISectionAGrp/PersonNm1MS ELLEN J KULLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MR WILLIAM H DAIGER JR
IRS990/Form990PartVIISectionAGrp/PersonNm3MS LINDA R BOYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm4MR THEODORE H ASHFORD III
IRS990/Form990PartVIISectionAGrp/PersonNm5MR BENJAMIN DU PONT
IRS990/Form990PartVIISectionAGrp/PersonNm6MR CHARLES M ELSON
IRS990/Form990PartVIISectionAGrp/PersonNm7MR W WHITFIELD GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm8MR LAIRD HAYWARD
IRS990/Form990PartVIISectionAGrp/PersonNm9DR ERIC JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MR HENRY MELLON
IRS990/Form990PartVIISectionAGrp/PersonNm11MS ANN ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm12DR DAVID P ROSELLE
IRS990/Form990PartVIISectionAGrp/PersonNm13MS MICHELLE SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm14MR MATTHEW T TWYMAN III
IRS990/Form990PartVIISectionAGrp/PersonNm15MR JON ABRAMCZYK
IRS990/Form990PartVIISectionAGrp/PersonNm16DR ANTHONY CUCUZZELLA
IRS990/Form990PartVIISectionAGrp/PersonNm17MR REGIS DE RAMEL
IRS990/Form990PartVIISectionAGrp/PersonNm18MS CARMEN WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm19MS GINA WARD
IRS990/Form990PartVIISectionAGrp/PersonNm20MS JANET PLYLER
IRS990/Form990PartVIISectionAGrp/PersonNm21MS ELIZABETH SPEERS
IRS990/Form990PartVIISectionAGrp/PersonNm22MS JULIE TOPKIS
IRS990/Form990PartVIISectionAGrp/PersonNm23MR HARRY BAETJER
IRS990/Form990PartVIISectionAGrp/PersonNm24MR KELLY DESHANE
IRS990/Form990PartVIISectionAGrp/PersonNm25MR DANIEL HICKEY
IRS990/Form990PartVIISectionAGrp/PersonNm26MR JACK HOLLOWAY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt21HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF ADVANCEMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23ASSISTANT HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF ADMISSION
IRS990/Form990PartVIISectionAGrp/TitleTxt25ASST HEAD/HEAD OF UPPER SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF ATHLETICS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01919
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt05717
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt02172535
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03559585
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03559585
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05087055
IRS990/GrossReceiptsAmt025690543
IRS990/GrossRentsGrp/RealAmt019418
IRS990/GrossSalesOfInventoryAmt0860433
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt058185
IRS990/InsuranceGrp/ProgramServicesAmt0139638
IRS990/InsuranceGrp/TotalAmt0139638
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IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05081338
IRS990/LessRentalExpensesGrp/RealAmt0625
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TOWER HILL PROVIDES AN ENRICHED AND CHALLENGING COLLEGE PREPARATORY PROGRAM IN WHICH EACH STUDENT'S ABILITIES AND TALENTS ARE RECOGNIZED AND RESPECTED. THE CURRICULUM INCORPORATES BOTH TRADITIONAL AND INNOVATIVE APPROACHES TO LEARNING WITHIN AN EDUCATIONAL ENVIRONMENT THAT NURTURES EACH STUDENT'S MORAL, INTELLECTUAL, CREATIVE, AND PHYSICAL DEVELOPMENT.TOWER HILL IS COMMITTED TO PERPETUATING A SCHOOL COMMUNITY FOUNDED ON PERSONAL INTEGRITY, MUTUAL RESPECT, AND COLLECTIVE RESPONSIBILITY. THE SCHOOL PREPARES ITS STUDENTS FOR CITIZENSHIP IN THE GLOBAL COMMUNITY AND ENCOURAGES AN APPRECIATION FOR THE LIFELONG PROCESS OF LEARNING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt066123741
IRS990/NetAssetsOrFundBalancesEOYAmt062627085
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05717
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05717
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0247770
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0247770
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt018793
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt018793
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1342200
IRS990/NoncashContributionsAmt0129063
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01782035
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0209577
IRS990/OfficeExpensesGrp/TotalAmt0209577
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt026029
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0123273
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0883259
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01032561
IRS990/OtherExpensesGrp/Desc0EDUCATION-RELATED EXPEN
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2ALUMNI & PUBLIC RELATIO
IRS990/OtherExpensesGrp/Desc3THS TRANSPORTATION
IRS990/OtherExpensesGrp/FundraisingAmt0165623

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.$125$15.8$110$39.2$31.6$7.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$116$17.0$99.1$39.9$29.9$10.0
2022Detailed filing. Detailed filing data is available for this year.$107$16.1$90.9$33.7$28.8$4.94
2021Detailed filing. Detailed filing data is available for this year.$113$16.4$96.3$48.8$27.8$21.0
2020Detailed filing. Detailed filing data is available for this year.$91.6$18.0$73.5$29.3$27.2$2.16
2019Detailed filing. Detailed filing data is available for this year.$86.3$13.9$72.4$29.2$27.3$1.89
2018Detailed filing. Detailed filing data is available for this year.$74.4$5.98$68.4$25.7$24.8$0.85
2017Detailed filing. Detailed filing data is available for this year.$70.7$5.14$65.6$21.8$23.2$1.39
2016Detailed filing. Detailed filing data is available for this year.$68.3$5.69$62.6$20.0$22.2$2.15
2015Detailed filing. Detailed filing data is available for this year.$71.3$5.20$66.1$19.7$21.5$1.84
2014Detailed filing. Detailed filing data is available for this year.$71.3$4.80$66.5$25.3$21.4$3.91
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.3$4.92$63.3$20.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.6$4.79$60.8$20.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.5$3.79$63.7$20.1