THE MEAD SCHOOL FOR HUMAN DEVELOPMENT INC

EIN: 060869691 501(c)(3)

STAMFORD, CT

Total Revenue
$6,570,364
Total Expenses
$6,309,954
Total Assets
$4,015,983
Net Assets
$476,607
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CT
Principal Officer
PETER HERZBERG
Phone
2035959500
Tax Period
2023-07-01 to 2024-06-30

THE MEAD SCHOOL FOR HUMAN DEVELOPMENT INC, founded in 1969, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $6.3M left a modest 4% surplus.

Mission

EDUCATION - THE MEAD SCHOOL EXISTS TO NURTURE IN EACH CHILD THE POWER TO CREATE A PERSONALLY MEANINGFUL LIFE.

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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 $296,057
Program Service Revenue $6,187,740
Investment Income $56,245
Other Revenue $30,322
TOTAL REVENUE $6,570,364

Expense Breakdown

Grants Paid $883,731
Salaries & Benefits $3,864,508
Fundraising Expenses $4,232
Program Expenses $4,781,654
Other Expenses $1,561,715
TOTAL EXPENSES $6,309,954

Year-over-Year Comparison

2023 2022 Change
Revenue $6,570,364 $5,337,788 +0.2%
Expenses $6,309,954 $5,545,052 +0.1%
Net Income $260,410 $-207,264 -2.3%
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
13
Independent Members
10
Employees
76
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
1
$110,000
Total Directors
12
$192,779
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBYN SANTAGATA ASST HEAD SC 40.00
Director
$125,747 $0 $125,747
PETER HERZBERG HEAD SCHOOL 40.00
Officer
$110,000 $0 $110,000
DARLEEN HICKOK STAFF TRUSTE 40.00
Director
$67,032 $0 $67,032
KYUHEY AUGUST TRUSTEE N/A
Director
$0 $0 $0
RICHARD CANNING TRUSTEE N/A
Director
$0 $0 $0
PATTI DEFELICE TRUSTEE N/A
Director
$0 $0 $0
MATTHEW IVES TRUSTEE N/A
Director
$0 $0 $0
JENNY LAKE CHAIR N/A
Director
$0 $0 $0
WILLIAM LOW LEGAL SECRET N/A
Director
$0 $0 $0
JENNIFER O'NIELL TRUSTEE N/A
Director
$0 $0 $0
JIM RUSSEK TRUSTEE N/A
Director
$0 $0 $0
NICOLE STAMATELOS TRUSTEE N/A
Director
$0 $0 $0
DAN WOYKE TREASURER N/A
Director
$0 $0 $0
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 $6,570,364 $6,309,954 $4,015,983 $260,410
2023 $5,337,788 $5,545,052 $3,850,003 $-207,264
2022 $4,587,046 $5,053,044 $3,391,293 $-465,998
2021 $4,419,573 $4,485,320 $3,545,065 $-65,747
2020 $4,831,336 $4,792,353 $3,458,754 $38,983
2019 $5,048,137 $5,546,106 $3,590,674 $-497,969
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