The Board of Trustees of the Sheffield Scientific School

EIN: 066032565 501(c)(3) Education

New Haven, CT

Total Revenue
$27,680,425
Total Expenses
$27,677,846
Total Assets
$602,276,879
Net Assets
$602,276,879
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1871
Legal Domicile
CT
Phone
2034325530
Tax Period
2023-07-01 to 2024-06-30

The Board of Trustees of the Sheffield Scientific School, founded in 1871, is a mid-sized nonprofit in the Education sector that reported $27.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $602.3M represent 261 months of operating reserves.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE BOARD OF TRUSTEES OF THE SHEFFIELD SCIENTIFIC SCHOOL IS TO PROMOTE THE STUDY OF THE PHYSICAL, NATURAL AND MATHEMATICAL SCIENCES IN THE SHEFFIELD SCIENTIFIC SCHOOL.

Program Service Accomplishments

Program 1
Expenses: $25,509,807

support for the study of physical, natural and mathematical sciences in the Sheffield scientific school to be used for student financial aid, educational and research expenditures, and other purposes...

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support for the study of physical, natural and mathematical sciences in the Sheffield scientific school to be used for student financial aid, educational and research expenditures, and other purposes in accordance with the terms of various fund indentures.

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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 $0
Program Service Revenue $0
Investment Income $27,680,425
Other Revenue $0
TOTAL REVENUE $27,680,425

Expense Breakdown

Grants Paid $25,509,807
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,509,807
Other Expenses $2,168,039
TOTAL EXPENSES $27,677,846

Year-over-Year Comparison

2023 2022 Change
Revenue $27,680,425 $24,952,866 +0.1%
Expenses $27,677,846 $24,950,583 +0.1%
Net Income $2,579 $2,283 +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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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
9
Independent Members
1
Employees
N/A
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
3
$3,777,848
Total Directors
9
$5,328,955
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly M Goff-Crews Secretary & Trustee 1.0
Officer Director
$0 $50,442 $581,113
Peter Salovey President & Trustee (Ex-Officio) 1.0
Officer Director
$0 $117,813 $2,453,342
Stephen C Murphy Treasurer & Trustee 1.0
Officer Director
$0 $146,769 $743,393
Andrew Miranker Trustee (Effective 12/6/23) 1.0
Director
$0 $52,716 $287,828
David Skelly Trustee (Ex-officio) 1.0
Director
$0 $68,306 $348,554
Edward Miner Ned Lamont Jr Trustee (Ex-Officio) 0.0
Director
$0 $0 $0
Jaehong Kim Trustee 1.0
Director
$0 $93,321 $462,328
Kathryn Miller-Jensen Trustee 1.0
Director
$0 $47,407 $237,830
Ruth Blake Trustee (Effective 12/6/23) 1.0
Director
$0 $32,013 $214,567
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 $27,680,425 $27,677,846 $602,276,879 $2,579
2023 $24,952,866 $24,950,583 $597,989,685 $2,283
2022 $22,851,870 $22,860,334 $613,783,947 $-8,464
2021 $22,416,568 $22,415,139 $633,187,432 $1,429
2020 $21,650,240 $21,650,009 $471,673,958 $231
2019 $20,753,188 $20,749,407 $463,679,372 $3,781
2018 $20,242,516 $20,240,964 $459,904,620 $1,552
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