Becket Academy

EIN: 020511096 501(c)(3) Mental Health

Orford, NH

Total Revenue
$58,041,034
Total Expenses
$52,685,309
Total Assets
$24,015,032
Net Assets
$13,538,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
ME
Principal Officer
Jay Wolter
Phone
6039865376
Tax Period
2024-07-01 to 2025-06-30

Becket Academy, founded in 2000, is a mid-sized nonprofit in the Mental Health sector that reported $58.0M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $52.7M left a modest 9% surplus.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $264,016
Program Service Revenue $55,522,153
Investment Income $1,522,190
Other Revenue $732,675
TOTAL REVENUE $58,041,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,320,543
Fundraising Expenses $0
Program Expenses $51,652,199
Other Expenses $28,364,766
TOTAL EXPENSES $52,685,309

Year-over-Year Comparison

2024 2023 Change
Revenue $58,041,034 $68,269,681 -0.1%
Expenses $52,685,309 $62,013,719 -0.2%
Net Income $5,355,725 $6,255,962 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
684
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,172,612
Total Directors
8
$60,008
Key Employees
1
$355,667
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cameron Brown Trustee 1.00
Director
$0 $0 $0
John Chobanian Trustee 1.00
Director
$0 $0 $0
Kevin Dowd Trustee 1.00
Director
$0 $0 $0
David Eve Trustee 1.00
Director
$0 $0 $0
Olivia Peros Trustee 1.00
Director
$0 $0 $0
James Reagan Trustee 1.00
Director
$0 $0 $60,008
Andrew Roswell Trustee 1.00
Director
$0 $0 $0
Joan Wolter Trustee 1.00
Director
$0 $0 $0
Jay Wolter President 19.00
Officer
$289,817 $74,209 $606,071
David Chabot Chief Legal & Emp. Aff. Officer 19.00
Officer
$138,295 $43,352 $296,148
Mark Tecca VP of Finance 19.00
Officer
$127,732 $44,473 $270,393
Jennifer Cordaro Executive Director 40.00
Key Emp
$322,984 $32,683 $355,667
Daniel Elliot Controller 20.00
Highest
$101,897 $28,365 $228,505
Tammy Olsen Dir of Business System Admin. 20.00
Highest
$110,520 $38,722 $242,304
Jeri-Lynn McFarlin Associate Executive Director 40.00
Highest
$162,477 $16,584 $179,061
Meredith Fogg Nurse Trainer 20.00
Highest
$119,573 $5,999 $157,418
Justin Gifford Vice President - ME Residential 20.00
Highest
$124,944 $25,718 $266,882
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $58,041,034 $52,685,309 $24,015,032 $5,355,725
2024 $68,269,681 $62,013,719 $43,494,298 $6,255,962
2023 $75,957,778 $64,014,385 $64,517,239 $11,943,393
2022 $55,588,001 $54,037,968 $38,730,180 $1,550,033
2022 $60,348,647 $58,058,956 $39,812,230 $2,289,691
2021 $54,457,446 $50,314,957 $33,976,889 $4,142,489
2020 $47,286,639 $45,892,724 $30,204,978 $1,393,915
2019 $33,761,579 $32,798,920 $23,986,256 $962,659
2018 $31,230,141 $28,566,843 $21,436,441 $2,663,298
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