EXETER, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PHILLIPS EXETER ACADEMY, founded in 1781, is a major nonprofit in the Education sector that reported $239.9M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73.5M, a strong 31% operating margin.
THE ACADEMY'S COLLECTIONS INCLUDE WORKS OF ART, LITERARY WORKS, HISTORICAL TREASURES, AND ARTIFACTS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION, RESEARCH, AND FURTHERANCE OF PUBLIC SERVICE. THE COLLECTIONS, THAT WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ACADEMY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION OR CONTRIBUTIONS IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR DEACCESSIONS OR INSURANCE RECOVERIES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS.
PHILLIP EXETER ACADEMY'S PRIMARY PROGRAM SERVICE IS THE EDUCATION OF STUDENTS IN GRADES 9 THROUGH 12 IN A RESIDENTIAL BOARDING SCHOOL ENVIRONMENT. APPROXIMATELY 20% OF STUDENTS ARE DAY STUDENTS AND...
PHILLIP EXETER ACADEMY'S PRIMARY PROGRAM SERVICE IS THE EDUCATION OF STUDENTS IN GRADES 9 THROUGH 12 IN A RESIDENTIAL BOARDING SCHOOL ENVIRONMENT. APPROXIMATELY 20% OF STUDENTS ARE DAY STUDENTS AND DO NOT RESIDE ON CAMPUS. ENROLLMENT FOR 2024-2025 WAS 1,106. THE FOUNDATION OF EXETER'S REGULAR SESSION CURRICULUM CONTINUES TO BE THE TEACHING METHOD MADE POSSIBLE IN 1931 BY THE GENEROSITY OF EDWARD HARKNESS: DISCUSSION IN SMALL CLASSES MEETING AROUND SEMINAR TABLES WHERE MAXIMUM STUDENT INVOLVEMENT AND INTERCHANGE ARE BOTH ENCOURAGED AND REQUIRED. SINCE 1931, THIS PROCESS HAS CONTINUED WHILE THE CONTENT OF THE CURRICULUM HAS UNDERGONE SEVERAL REVISIONS AS EXETER HAS SOUGHT TO BLEND ITS RESPECT FOR TRADITION WITH ITS COMMITMENT TO EDUCATE YOUNG PEOPLE FOR A RAPIDLY CHANGING WORLD.THE CURRENT CURRICULUM IS BASED ON TWO FUNDAMENTAL ASSUMPTIONS ABOUT AN EXETER EDUCATION. FIRST, EXETER VIEWS ITS CHARGE AS PROVIDING STUDENTS WITH A BROAD, LIBERAL ARTS PROGRAM THAT CREATES A STRONG FOUNDATION FOR CONTINUING STUDY AT THE COLLEGE AND UNIVERSITY LEVEL. SECOND, THE ACADEMY BELIEVES THE PROCESS OF EDUCATION IS AS IMPORTANT AS ITS CONTENT. FACULTY EMPHASIZE NOT MERELY WHAT THEY WANT STUDENTS TO KNOW, BUT ALSO WHAT SORTS OF INDIVIDUALS THEY WANT THEM TO BECOME: YOUNG PEOPLE WHOSE PASSION FOR LEARNING EXCEEDS WHAT THEY ALREADY KNOW AND WHOSE INTEREST IN OTHERS AND IN THE WORLD SURPASSES THEIR SELF-CONCERN. EXETER'S SCHOOL YEAR CONSISTS OF THREE TERMS, WHICH ALLOWS EXPANDED ELECTIVE CHOICES ACROSS A RANGE OF DISCIPLINES TO BE COMBINED WITH A FOCUS ON DEPTH OF STUDY IN ADVANCED COURSES IN EACH DEPARTMENT. STUDENTS NORMALLY ENROLL IN FIVE COURSES AND PARTICIPATE IN A SPORT EACH TERM.EVERY YEAR, STUDENTS COME TO US FROM AROUND THE WORLD AND ARE ADMITTED WITHOUT REGARD TO THE FAMILY'S ABILITY TO PAY. THE ACADEMY IS COMMITTED TO MEETING THE FULL DEMONSTRATED FINANCIAL NEED OF EACH ADMITTED STUDENT AND APPROXIMATELY HALF OF ALL ADMITTED STUDENTS RECEIVE FINANCIAL AID.
SUMMER FIN AID NETTED AGAINST TUITION 896,328.
AUXILIARY ENTERPRISES INCLUDE STUDENT GRILL, FACILITY RENTALS, AND THE CHILDREN'S CENTER WHICH SERVICE THE ACADEMY DURING BOTH SUMMER AND REGULAR SESSIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $239,865,952 | $187,279,148 | +0.3% |
| Expenses | $166,349,787 | $158,188,218 | +0.1% |
| Net Income | $73,516,165 | $29,090,930 | +1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM RAWSON | PRINCIPAL | 40.00 |
Officer
Director
|
$655,338 | $213,372 | $868,710 |
| KRISTYN MCLEOD VAN OSTERN | PRESIDENT/TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SUZI K COHEN | VICE PRESIDENT/TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BRADFORD BRINER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SAMUEL J BROWN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH A FLEMING | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SCOTT SANG-WON HAHN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| IRA D HELFAND | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| PAULINA L JEREZ | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GILES K KEMP | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC A LOGAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| EUGENE P LYNCH | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CIA BUCKLEY MARAKOVITS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE M ROBSON WEAVER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GENISHA SAVERIMUTHU | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL J SCHMIDTBERGER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER M SCOCIMARA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SANJAY SHETTY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LEROY SIMS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| RHODA K TAMAKLOE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BELINDA A TATE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| E JANNEY WILSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIJKA BEAUCHESNE | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$379,566 | $58,265 | $437,831 |
| TOM TSENG | DIR. INTL. & PRINCIPAL GIFTS | 40.00 |
Highest
|
$229,420 | $28,003 | $257,423 |
| MORGAN DUDLEY | DIR. OF INSTITUTIONAL ADVANCEMENT | 40.00 |
Highest
|
$362,476 | $82,011 | $444,487 |
| JUSTIN MERRILL | DIRECTOR OF INVESTMENTS | 40.00 |
Highest
|
$398,869 | $60,247 | $459,116 |
| HOLLY BARCROFT | GENERAL COUNSEL | 40.00 |
Highest
|
$330,202 | $90,496 | $420,698 |
| KAREN LASSEY | ASSISTANT PRINCIPAL | 40.00 |
Highest
|
$222,075 | $123,419 | $345,494 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $239,865,952 | $166,349,787 | $2,196,295,020 | $73,516,165 |
| 2024 | $187,279,148 | $158,188,218 | $2,078,494,595 | $29,090,930 |
| 2023 | $153,586,037 | $153,168,212 | $2,002,825,149 | $417,825 |
| 2022 | $231,466,382 | $143,695,561 | $1,905,644,826 | $87,770,821 |
| 2021 | $245,618,588 | $141,057,738 | $2,084,878,320 | $104,560,850 |
| 2020 | $161,625,804 | $131,491,472 | $1,715,514,168 | $30,134,332 |
| 2019 | $175,100,100 | $129,183,833 | $1,726,083,549 | $45,916,267 |
| 2018 | $196,784,881 | $126,325,308 | $1,713,668,931 | $70,459,573 |
Compare PHILLIPS EXETER ACADEMY with other nonprofits in New Hampshire and across the country.