APPLEWILD SCHOOL INCORPORATED

EIN: 042225643 501(c)(3) Education

FITCHBURG, MA

Total Revenue
$19,678,575
Total Expenses
$9,555,064
Total Assets
$39,829,486
Net Assets
$25,096,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
MA
Principal Officer
WILLIAM AUBUCHON
Phone
9783426053
Tax Period
2024-07-01 to 2025-06-30

APPLEWILD SCHOOL INCORPORATED, founded in 1956, is a mid-sized nonprofit in the Education sector that reported $19.7M in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.1M, a strong 51% operating margin.

Mission

TO OPERATE AND MAINTAIN AN EDUCATIONAL INSTITUTION TO PREPARE CHILDREN FOR HIGH SCHOOL, SECONDARY SCHOOL AND HIGHER EDUCATION AND IN CONNECTION THEREWITH TO PROMOTE EDUCATIONAL OPPORTUNITIES FOR STUDENTS AND THEIR FAMILIES AND THE COMMUNITY.

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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 $12,390,324
Program Service Revenue $7,104,864
Investment Income $146,124
Other Revenue $37,263
TOTAL REVENUE $19,678,575

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,620,819
Fundraising Expenses $269,691
Program Expenses $6,352,783
Other Expenses $3,934,245
TOTAL EXPENSES $9,555,064

Year-over-Year Comparison

2024 2023 Change
Revenue $19,678,575 $10,869,564 +0.8%
Expenses $9,555,064 $7,950,364 +0.2%
Net Income $10,123,511 $2,919,200 +2.5%
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

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

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Governance

Voting Members
17
Independent Members
17
Employees
131
Volunteers
N/A

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
10
$919,460
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY FEENEY TRUSTEE 1.00
Officer Director
$0 $0 $0
WILLIAM AUBUCHON PRESIDENT 1.00
Officer Director
$0 $0 $0
LUCY ABISALIH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MATTHEW MAGUY TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE EMMA TREASURER 1.00
Officer Director
$0 $0 $0
LOUIS FRANCO TRUSTEE 1.00
Director
$0 $0 $0
DAVID ZEILER SECRETARY 1.00
Officer Director
$0 $0 $0
DEBORAH MACDONALD TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY MITCHELL TRUSTEE 1.00
Director
$0 $0 $0
BRIAN PALM TRUSTEE 1.00
Director
$0 $0 $0
JOHN STIMPSON TRUSTEE 1.00
Director
$0 $0 $0
GEORGE ZORNADA TRUSTEE 1.00
Director
$0 $0 $0
SCOTT FOSTER HONORARY TRUSTEE 1.00
Director
$0 $0 $0
ALLEN ROME HONORARY TRUSTEE 1.00
Director
$0 $0 $0
DAVID STONE HONORARY TRUSTEE 1.00
Director
$0 $0 $0
MARIEKE CORMIER TRUSTEE 1.00
Director
$0 $0 $0
ERIKA FERLINS MILLS TRUSTEE 1.00
Director
$0 $0 $0
ANDREW MILLIKIN TRUSTEE 1.00
Director
$0 $0 $0
LESEGO MOKAU TRUSTEE 1.00
Director
$0 $0 $0
JOHN TOFFEY TRUSTEE 1.00
Director
$0 $0 $0
AMANDA PACKARD ASSOCIATE HEAD OF SCHOOL 40.00
Officer
$175,000 $23,000 $198,000
GREG MILLER DIRECTOR OF ADMISSIONS 40.00
Officer
$119,600 $0 $119,600
AMY JOLLY HEAD OF SCHOOL 40.00
Officer
$350,000 $41,000 $391,000
LEO HIERTZ DIRECTOR OF ADVANCEMENT 40.00
Officer
$117,260 $0 $117,260
MICHELLE NILES CONTROLLER 40.00
Officer
$93,600 $0 $93,600
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 $19,678,575 $9,555,064 $39,829,486 $10,123,511
2024 $10,869,564 $7,950,364 $22,462,302 $2,919,200
2023 $6,419,864 $6,685,186 $15,104,585 $-265,322
2022 $6,261,865 $6,005,213 $12,721,419 $256,652
2021 $5,162,251 $4,940,542 $12,667,879 $221,709
2020 $4,294,351 $5,393,086 $11,719,185 $-1,098,735
2019 $5,376,454 $5,109,642 $12,263,457 $266,812
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