THE CHARLES RIVER SCHOOL INC

EIN: 042103974 501(c)(3) Education

DOVER, MA

Total Revenue
$10,818,415
Total Expenses
$10,430,511
Total Assets
$31,262,918
Net Assets
$21,655,284
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1918
Legal Domicile
MA
Principal Officer
JAMES MCELLIGOTT
Phone
5087850068
Tax Period
2023-07-01 to 2024-06-30

THE CHARLES RIVER SCHOOL INC, founded in 1918, is a mid-sized nonprofit in the Education sector that reported $10.8M in total revenue in fiscal year 2023. Expenses of $10.4M left a modest 4% surplus.

Mission

CHARLES RIVER SCHOOL IS A PRE-KINDERGARTEN THROUGH GRADE 8 INDEPENDENT SCHOOL THAT HONORS ACADEMIC EXCELLENCE AND CELEBRATES THE JOY OF CHILDHOOD.

Program Service Accomplishments

Program 1
Expenses: $6,140,505 Revenue: $8,025,047

SCHOOL - CHARLES RIVER SCHOOL IS A PRE-KINDERGARTEN THROUGH GRADE 8 INDEPENDENT SCHOOL THAT HONORS ACADEMIC EXCELLENCE AND CELEBRATES THE JOY OF CHILDHOOD.

Program 2
Expenses: $380,396 Revenue: $461,419

SUMMER PROGRAM - CRS SUMMER IS CHARLES RIVER SCHOOL'S SUMMER SESSION FOR CAMPERS AGES 4-15 OFFERING PROGRAMS IN PERFORMING AND VISUAL ARTS, NATURE, STEM, CIT, AND SPORTS TO EXPLORE AND CULTIVATE...

Read more

SUMMER PROGRAM - CRS SUMMER IS CHARLES RIVER SCHOOL'S SUMMER SESSION FOR CAMPERS AGES 4-15 OFFERING PROGRAMS IN PERFORMING AND VISUAL ARTS, NATURE, STEM, CIT, AND SPORTS TO EXPLORE AND CULTIVATE INTERESTS AND HAVE FUN.

Program 3
Expenses: $361,681 Revenue: $143,296

EXTENDED DAY PROGRAM - THE CRS EXTENDED DAY PROGRAM (EDP) PROVIDES AFTER SCHOOL CARE AS AN EXTENSION OF THE SCHOOL DAY WITH ENRICHMENT ACTIVITIES SUCH AS MARTIAL ARTS, DANCE, AND CREATIVE ARTS, AND...

Read more

EXTENDED DAY PROGRAM - THE CRS EXTENDED DAY PROGRAM (EDP) PROVIDES AFTER SCHOOL CARE AS AN EXTENSION OF THE SCHOOL DAY WITH ENRICHMENT ACTIVITIES SUCH AS MARTIAL ARTS, DANCE, AND CREATIVE ARTS, AND TIME TO PLAY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,772,908
Program Service Revenue $8,593,827
Investment Income $435,909
Other Revenue $15,771
TOTAL REVENUE $10,818,415

Expense Breakdown

Grants Paid $967,648
Salaries & Benefits $5,754,074
Fundraising Expenses $438,718
Program Expenses $6,882,582
Other Expenses $3,683,789
TOTAL EXPENSES $10,430,511

Year-over-Year Comparison

2023 2022 Change
Revenue $10,818,415 $11,205,346 0.0%
Expenses $10,430,511 $10,779,896 0.0%
Net Income $387,904 $425,450 -0.1%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
112
Volunteers
24

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
6
$341,242
Total Directors
25
$341,242
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GABRIEL BURNSTEIN HEAD OF SCHOOL 40.00
Officer Director
$148,774 $24,930 $173,704
MARGARET LARKIN HEAD OF SCHOOL (UNTIL 6/30/2023) 40.00
Officer Director
$148,348 $19,190 $167,538
LESLIE JACKSON JUDGE PRESIDENT 10.00
Officer Director
$0 $0 $0
LAURA KUNKEMUELLER VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
FRED RAMOS TREASURER (UNTIL 6/30/24) 10.00
Officer Director
$0 $0 $0
HEATHER WILLIS CLERK 10.00
Officer Director
$0 $0 $0
AQUEELA CULBREATH-BRITT BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
JOHN FRANTZ BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
NANCY GALINDO-RODRIGUEZ BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
REBECCA GRIMM BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
JAMES MCELLIGOTT BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
KRISTINA WESTERLING BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
KATE PAGLIA BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
BRUCE LEVINE BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
ANDREW GALLINARO BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
DAVID ITZKOVITS BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
GUOPING ZHOU BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
MOLLY CUMMINGS CARNEY BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
BETH NEWMARK BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
TRACY-ANN BAIN BOARD OF TRUSTEES (UNTIL 6/30/24) 1.00
Director
$0 $0 $0
WILL WILLIS BOARD OF TRUSTEES 1.00
Director
$0 $0 $0
MARK STANEK BOARD OF TRUSTEES (UNTIL 6/30/24) 1.00
Director
$0 $0 $0
JOANNA TRAVIS BOARD OF TRUSTEES (UNTIL 6/30/24) 1.00
Director
$0 $0 $0
STEVE GINSBERG BOARD OF TRUSTEES (UNTIL 6/30/24) 1.00
Director
$0 $0 $0
TESSA STEINERT-EVOY FACULTY REP. (UNTIL 6/30/24) 1.00
Director
$0 $0 $0
LILY YEE DIR. OF FINANCE (UNTIL 6/30/24) 40.00
Highest
$156,464 $28,268 $184,732
ELIZABETH CLAYTON ASSOCIATE HEAD OF SCHOOL 40.00
Highest
$152,989 $22,006 $174,995
KATHERINE WHITTEN DIRECTOR OF ADMISSIONS 40.00
Highest
$134,309 $13,768 $148,077
EMILY WALBERG DIR. OF DEVELOPMENT (UNTIL 6/30/24) 40.00
Highest
$122,293 $25,684 $147,977
STEVEN TRUST DIRECTOR OF IT 40.00
Highest
$101,044 $25,820 $126,864
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 $10,818,415 $10,430,511 $31,262,918 $387,904
2023 $11,205,346 $10,779,896 $30,378,941 $425,450
2022 $10,269,264 $9,687,854 $29,731,703 $581,410
2021 $9,740,841 $9,631,529 $32,596,721 $109,312
2020 $9,587,665 $9,588,406 $30,996,715 $-741
2019 $7,794,170 $9,174,517 $30,868,506 $-1,380,347
2018 $8,213,615 $9,073,638 $30,615,126 $-860,023
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE CHARLES RIVER SCHOOL INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.