THE PIKE SCHOOL INC

EIN: 042104832 501(c)(3)

ANDOVER, MA

Total Revenue
$20,664,144
Total Expenses
$19,035,497
Total Assets
$31,433,937
Net Assets
$26,476,425
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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
MA
Principal Officer
HONOR TAFT
Phone
9784751197
Tax Period
2024-07-01 to 2025-06-30

THE PIKE SCHOOL INC, founded in 1926, is a mid-sized nonprofit that reported $20.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $19.0M left a modest 8% surplus.

Mission

A PIKE EDUCATION LIBERATES HUMAN POTENTIAL AND POSSIBILITY TO TRANSFORM OURSELVES AND OUR WORLD AND IS ROOTED IN OUR MOTTO, NON SIBI SOLUM.WE VALUE:-AUTHENTICITY: WE EMBRACE THE IDENTITIES OF EVERY PERSON.-INTELLECTUAL AMBITION: WE FOSTER CURIOSITY, INQUIRY, ENGAGEMENT, AND INITIATIVE IN LEARNING.-SOCIAL GOOD: WE CARE FOR OURSELVES, FOR ONE ANOTHER, AND FOR OUR COMMUNITY.THE PIKE SCHOOL STRIVES TO BE AN EXEMPLAR FOR TRANSFORMATIONAL EDUCATION AND A CENTER FOR PURPOSEFUL LEARNING, LEADERSHIP, AND IMPACT.

Program Service Accomplishments

Program 1
Expenses: $14,303,082 Revenue: $17,041,751

EDUCATIONAL INSTITUTION WHICH PROVIDES INTELLECTUAL AND PERSONAL GROWTH EMPHASIZING FUNDAMENTAL SKILLS WITHIN A BROAD RANGE OF DISCIPLINES. EACH STUDENT PROGRESSED TO THE NEXT GRADE WITH 67 STUDENTS...

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EDUCATIONAL INSTITUTION WHICH PROVIDES INTELLECTUAL AND PERSONAL GROWTH EMPHASIZING FUNDAMENTAL SKILLS WITHIN A BROAD RANGE OF DISCIPLINES. EACH STUDENT PROGRESSED TO THE NEXT GRADE WITH 67 STUDENTS MOVING UP TO HIGH SCHOOL AND SECONDARY SCHOOLS. 412 STUDENTS ARE ENROLLED IN THE SCHOOL YEAR 2024-2025. SCHOOL YEARS RUNS 180 DAYS.LOWER SCHOOL:VIEWED AS YEARS OF EXPLORATIONS AND BEGINNINGS, THE LOWER SCHOOL IS A STRUCTURED YET RELAXED ENVIRONMENT WHERE CHILDREN ARE AFFORDED THE OPPORTUNITY TO DEVELOP SOCIALLY, EMOTIONALLY, PHYSICALLY, AND INTELLECTUALLY. THROUGH SMALL GROUPS AND INDIVIDUAL ATTENTION, LEARNING IS BOTH INTERACTIVE AND STIMULATING. FOR MUCH OF THE DAY, THE CHILDREN ARE IMMERSED IN THEME BASED LEARNING WHERE TOPICS ARE COVERED ACROSS SUBJECT AREAS. BECAUSE MUCH OF THE CURRICULUM IS INTERDISCIPLINARY, THE CLASSROOM TEACHERS CAREFULLY PLAN THEIR ACTIVITIES WITH THE SPECIALISTS TO ENSURE CONTINUITY. FIELD TRIPS, PERFORMANCES AND WORKSHOPS BY ARTISTS IN RESIDENCE, DANCE AND THEATRE GROUPS AND MUSICIANS ADD FURTHER ENRICHMENT TO THE LOWER SCHOOL PROGRAM. LOWER SCHOOL IS GRADES PRE-K THROUGH 4.UPPER SCHOOL:THE UPPER SCHOOL OFFERS A RICH AND COMPREHENSIVE PROGRAM THAT PROVIDES STUDENTS WITH THE NECESSARY KNOWLEDGE AND SKILLS TO THRIVE IN LEADING SECONDARY SCHOOLS AND BEYOND. TEACHERS EMPHASIZE CHARACTER GROWTH AND CREATIVITY THROUGH SMALL GROUP ACTIVITIES. THROUGHOUT THE STUDENTS' EXPERIENCE, THEY ARE PROVIDED WITH VALUABLE CHALLENGES IN DECISION MAKING AND COLLABORATION. THE CHIEF ACADEMIC, SOCIAL, AND PERSONAL DEVELOPMENT OF THE STUDENTS IS GUIDED BY A FACULTY ADVISOR WHO WORKS CLOSELY WITH STUDENTS AND THEIR FAMILIES. UPPER SCHOOL IS GRADES 5-9.

Program 2
Expenses: $433,878 Revenue: $677,456

AUXILIARY ACTIVITIES: AFTER SCHOOL SPORTS PROGRAMS FOR SIXTH GRADE THROUGH NINTH GRADE STUDENTS. AFTER SCHOOL FLEX PROGRAM AND SUMMER PROGRAM FOR CHILDREN IN THE LOCAL COMMUNITIES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $976,326
Program Service Revenue $17,719,207
Investment Income $1,962,189
Other Revenue $6,422
TOTAL REVENUE $20,664,144

Expense Breakdown

Grants Paid $1,767,410
Salaries & Benefits $10,843,834
Fundraising Expenses $1,263,688
Program Expenses $14,736,960
Other Expenses $6,424,253
TOTAL EXPENSES $19,035,497

Year-over-Year Comparison

2024 2023 Change
Revenue $20,664,144 $18,842,844 +0.1%
Expenses $19,035,497 $19,578,630 0.0%
Net Income $1,628,647 $-735,786 -3.2%
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
20
Independent Members
20
Employees
115
Volunteers
30

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
7
$313,680
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS PEABODY TRUSTEE 2.00
Director
$0 $0 $0
CHRISTINE REICH TRUSTEE 2.00
Director
$0 $0 $0
CLAIRE ABISALIH TRUSTEE 2.00
Director
$0 $0 $0
CLAUDIA BACH TRUSTEE 2.00
Director
$0 $0 $0
ELIZABETH CIERI TRUSTEE 2.00
Director
$0 $0 $0
EMMA WU TRUSTEE 2.00
Director
$0 $0 $0
JEFF FORWARD TRUSTEE 2.00
Director
$0 $0 $0
JOHN KOLE TRUSTEE 2.00
Director
$0 $0 $0
JOHN YANG TRUSTEE 2.00
Director
$0 $0 $0
LISA LEE TRUSTEE 2.00
Director
$0 $0 $0
MARK NICHOLS TRUSTEE 2.00
Director
$0 $0 $0
MENGMENG WANG TRUSTEE 2.00
Director
$0 $0 $0
PATRICK BRATTON TRUSTEE 2.00
Director
$0 $0 $0
ROBERTA CRUMP-BURBANK TRUSTEE 2.00
Director
$0 $0 $0
TASNEEM DOHADWALA CHAIR 2.00
Officer Director
$0 $0 $0
HEATHER CLARK VICE CHAIR 2.00
Officer Director
$0 $0 $0
VARSHA RAO SECRETARY 2.00
Officer Director
$0 $0 $0
AHMET OZALP CO-TREASURER 2.00
Officer Director
$0 $0 $0
ANNIE MILLER CO-TREASURER 2.00
Officer Director
$0 $0 $0
MATT MURPHY TRUSTEE, AT-LARGE 2.00
Officer Director
$0 $0 $0
WILLIAM POWERS INTERIM HEAD OF SCHOOL 60.00
Officer
$296,000 $17,680 $313,680
MARYBETH HEYD HEAD OF LOWER SCHOOL 60.00
Highest
$171,384 $36,154 $207,538
AARON HOVEL DIRECTOR OF TECHNOLOGY 60.00
Highest
$157,281 $38,840 $196,121
GINA MORAN INTERIM HEAD OF UPPER SCHOOL 60.00
Highest
$154,028 $40,064 $194,092
DEBORAH BURDETT MURPHY ASSISTANT HEAD OF SCHOOL 60.00
Highest
$141,670 $7,800 $149,470
ANNE CAIN DIRECTOR OF ADMISSIONS 60.00
Highest
$118,187 $20,190 $138,377
ASHLEY MARSHALL WARNOCK FORMER HEAD OF SCHOOL 0.00
$527,223 $60,292 $587,515
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 $20,664,144 $19,035,497 $31,433,937 $1,628,647
2024 No data No data No data No data
2023 $17,250,918 $19,200,747 $30,424,044 $-1,949,829
2022 $20,982,151 $16,995,014 $30,331,020 $3,987,137
2021 $18,230,890 $15,704,358 $31,746,911 $2,526,532
2020 $15,170,123 $15,481,631 $29,954,502 $-311,508
2019 $15,517,091 $15,660,166 $29,275,052 $-143,075
2018 $16,347,359 $15,268,667 $29,942,546 $1,078,692
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