SHADY HILL SCHOOL

EIN: 042103628 501(c)(3) Education

CAMBRIDGE, MA

Total Revenue
$36,308,658
Total Expenses
$30,896,862
Total Assets
$127,122,347
Net Assets
$102,300,060
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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
MA
Principal Officer
MARK STANEK
Phone
6175205260
Tax Period
2023-07-01 to 2024-06-30

SHADY HILL SCHOOL, founded in 1915, is a mid-sized nonprofit in the Education sector that reported $36.3M in total revenue in fiscal year 2023. Expenses of $30.9M left a modest 15% surplus.

Mission

SEE MISSION STATEMENT ON SCHEDULE O.

Program Service Accomplishments

Program 1
Expenses: $22,744,089 Revenue: $24,479,126

INSTRUCTIONAL - SHADY HILL SCHOOL FOSTERS JOYFUL, ACTIVE LEARNING INFORMED BY MULTIPLE PERSPECTIVES--EMPOWERING STUDENTS TO BE INTELLECTUALLY ADVENTUROUS AND WHOLEHEARTEDLY JUST.

Program 2
Expenses: $1,335,390 Revenue: $1,575,492

AFTER SCHOOL & SUMMER CAMP PROGRAMS - THE GOAL OF THE AFTER SCHOOL PROGRAM IS TO PROVIDE A RELAXED, SAFE, NURTURING, AND DYNAMIC NEIGHBORHOOD SETTING FOR CHILDREN ONCE THEIR DAY ENDS. WE AIM TO...

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AFTER SCHOOL & SUMMER CAMP PROGRAMS - THE GOAL OF THE AFTER SCHOOL PROGRAM IS TO PROVIDE A RELAXED, SAFE, NURTURING, AND DYNAMIC NEIGHBORHOOD SETTING FOR CHILDREN ONCE THEIR DAY ENDS. WE AIM TO PROVIDE A STIMULATING AND FUN ENVIRONMENT IN WHICH CHILDREN CAN EXPLORE THEIR OWN UNIQUE IMAGINATIONS, DEVELOP FRIENDSHIPS AND TEST THEIR ABILITIES. THE PROGRAM IS PLANNED WITH THE FLEXIBILITY TO MAKE ROOM FOR CHILDREN TO INITIATE AND INVENT THEIR OWN GAMES AND PROJECTS. ADDITIONALLY, WE OFFER A QUIET AND SUPPORTIVE SPACE FOR STUDENTS TO WORK ON THEIR HOMEWORK.OUR SUMMER CAMP PHILOSOPHY IS IN KEEPING WITH THE SCHOOL'S MISSION TO CREATE A COMMUNITY OF ACCEPTANCE. WE GIVE INDIVIDUAL ATTENTION AND ENCOURAGE CAMPERS TO DEVELOP A PASSION FOR LIFE THROUGH PLAYTIME, EXPLORATION AND THE BUSINESS OF MAKING FRIENDS. WE UNDERSTAND THE WONDERFUL OPPORTUNITY THAT THE SUMMER PROVIDES FOR LEARNING AND FUN.

Program 3
Expenses: $334,629 Revenue: $41,940

TEACHER TRAINING CENTER (TTC)- THE CENTER PROVIDES ASPIRING TEACHERS WITH WELL-GUIDED EXPERIENCES IN PRE-K THROUGH EIGHTH GRADE CLASSROOMS WHERE PRACTICE MERGED WITH THEORY IS PARAMOUNT. IMMERSION IN...

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TEACHER TRAINING CENTER (TTC)- THE CENTER PROVIDES ASPIRING TEACHERS WITH WELL-GUIDED EXPERIENCES IN PRE-K THROUGH EIGHTH GRADE CLASSROOMS WHERE PRACTICE MERGED WITH THEORY IS PARAMOUNT. IMMERSION IN THE CLASSROOM WHILE STUDYING AND WORKING ALONGSIDE A TALENTED MENTOR IS THE BEST WAY TO LEARN HOW TO TEACH. IN THIS ONE-YEAR, SITE-BASED PREPARATION PROGRAM, APPRENTICE TEACHERS DISCOVER WHAT TEACHING IS ALL ABOUT THROUGH OBSERVATION, SUPERVISED TEACHING, WORKSHOPS, SEMINARS, AND CONTINUOUS INVOLVEMENT IN THE LIFE OF THE SCHOOL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,242,959
Program Service Revenue $26,086,548
Investment Income $7,755,995
Other Revenue $223,156
TOTAL REVENUE $36,308,658

Expense Breakdown

Grants Paid $4,273,678
Salaries & Benefits $15,620,536
Fundraising Expenses $1,009,283
Program Expenses $24,414,108
Other Expenses $11,002,648
TOTAL EXPENSES $30,896,862

Year-over-Year Comparison

2023 2022 Change
Revenue $36,308,658 $33,676,899 +0.1%
Expenses $30,896,862 $27,927,581 +0.1%
Net Income $5,411,796 $5,749,318 -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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Governance

Voting Members
22
Independent Members
19
Employees
275
Volunteers
100

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
5
$985,598
Total Directors
22
$848,249
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALYSSA HAYWOODE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
JEITA PHILLIPS DENG TREASURER 5.00
Officer Director
$0 $0 $0
KATE SUTLIFF SECRETARY 5.00
Officer Director
$0 $0 $0
HOLLY AMBLER TRUSTEE 2.00
Director
$0 $0 $0
LISA CASE TRUSTEE 2.00
Director
$0 $0 $0
ZARA COOPER TRUSTEE 2.00
Director
$0 $0 $0
ANGELA GARCIA TRUSTEE 2.00
Director
$0 $0 $0
KAFI HARRINGTON TRUSTEE 2.00
Director
$0 $0 $0
KIM HENRY TRUSTEE 2.00
Director
$0 $0 $0
LIDIANE JONES TRUSTEE 2.00
Director
$0 $0 $0
TED KILLORY TRUSTEE 2.00
Director
$0 $0 $0
DEVEREAUX MCCLATCHEY TRUSTEE 2.00
Director
$0 $0 $0
MELISSA MCGAUGHEY TRUSTEE 2.00
Director
$0 $0 $0
MATT OGDEN TRUSTEE 2.00
Director
$0 $0 $0
SATU PARIKH TRUSTEE 2.00
Director
$0 $0 $0
FRANCINE ROSENZWEIG TRUSTEE 2.00
Director
$0 $0 $0
SARAH WASSERMAN TRUSTEE 2.00
Director
$0 $0 $0
PRATT WILEY TRUSTEE 2.00
Director
$0 $0 $0
KATHERINE HESKO TRUSTEE, GRADEHEAD 50.00
Director
$82,903 $35,212 $118,115
SALLY SNICKENBERGER TRUSTEE, GRADEHEAD 50.00
Director
$83,815 $16,337 $100,152
MARK STANEK TRUSTEE; HEAD OF SCHOOL 50.00
Officer Director
$542,730 $87,252 $629,982
SASHA WATSON-ESKELUND TRUSTEE; CHAIR PARENTS COUNCIL 2.00
Director
$0 $0 $0
MAUREEN NUNEZ CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER 50.00
Officer
$327,257 $28,359 $355,616
DARYL WRIGHT ASSISTANT HEAD OF SCHOOL 50.00
Highest
$187,208 $37,419 $224,627
VINCENT QUIRK CONTROLLER 50.00
Highest
$150,633 $41,788 $192,421
BETSY GINSBERG DIRECTOR OF DEV & ALUMNI RELATIONS 50.00
Highest
$148,662 $39,103 $187,765
DOMINIC MARCHIO DIRECTOR OF FACILITIES 50.00
Highest
$147,569 $41,648 $189,217
CYNTHIA DOBE CHIEF INFORMATION OFFICER 50.00
Highest
$146,751 $24,918 $171,669
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 No data No data No data No data
2024 $36,308,658 $30,896,862 $127,122,347 $5,411,796
2023 $33,676,899 $27,927,581 $118,976,902 $5,749,318
2022 $31,295,266 $27,928,556 $107,959,883 $3,366,710
2021 $27,496,030 $27,502,601 $127,308,755 $-6,571
2020 $25,213,619 $25,035,991 $112,818,120 $177,628
2019 $24,996,124 $24,257,200 $111,104,639 $738,924
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