HERSHEY, PA
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Sign In — Free (10 views/day)MILTON HERSHEY SCHOOL AND SCHOOL TRUST, founded in 1909, is a large national nonprofit in the Education sector that reported $1.3B in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $881.4M, a strong 70% operating margin.
MAINTAINING COLLECTIONS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS THE ORGANIZATION ELECTED, AS PERMITTED UNDER ASC 958-360-25-1 and 958-605-25-19 (FORMERLY SFAS 116), NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THE DEPARTMENT OF SCHOOL HISTORY AND THE MHS HERITAGE CENTER AT KINDERHAUS PROVIDE FOR THE CARE AND MANAGEMENT OF THE HISTORICAL ASSETS OF THE MILTON HERSHEY SCHOOL COMMUNITY. THE HISTORICAL ASSETS(COLLECTION) CONSIST OF ARCHIVAL RECORDS AND DOCUMENTS, THREE DIMENSIONAL OBJECTS, INTERPRETIVE EXHIBITS, AND HISTORICAL CAMPUS BUILDINGS WHICH HELP TO DOCUMENT THE LIVES AND VALUES OF MILTON AND CATHERINE HERSHEY AS FOUNDERS OF OUR SCHOOL, THE HISTORY AND TRADITIONS OF THE SCHOOL AS AN INSTITUTION, AND THE STORIES OF THE STUDENTS, STAFF, AND ALUMNI WHO MAKE UP THE SCHOOL COMMUNITY. EXCLUDED FROM THIS MANDATE ARE LEGAL BOARD RECORDS, STUDENT RECORDS, AND ALUMNI RECORDS. SCHEDULE D, PART V, LINE 4 TRUST FUNDS AS MANDATED BY MILTON HERSHEY'S DEED OF TRUST, THE TRUST FUNDS ARE USED TO OPERATE THE MILTON HERSHEY SCHOOL AND MANAGE THE SCHOOL TRUST IN PERPETUITY. THE SCHOOL HAS MADE A POSITIVE DIFFERENCE IN THE LIVES OF ITS STUDENTS FOR OVER 110 YEARS. IN ORDER TO CONTINUE TO CHANGE LIVES FOR THE NEXT 110 YEARS AND BEYOND, THE TRUST FUNDS AND OTHER ASSETS OF THE MILTON HERSHEY SCHOOL TRUST (THE "ASSETS") ARE INVESTED FOR THE LONG TERM. DOING SO HELPS TO ENSURE FUNDS ARE AVAILABLE TO MEET CURRENT AND FUTURE OBLIGATIONS OF MILTON HERSHEY SCHOOL. THE BOARD AND THE TRUSTEE, WITH ASSISTANCE FROM THIRD-PARTY INVESTMENT CONSULTANTS, CONTINUALLY REVIEW THE PERFORMANCE OF THE ASSETS AND INVESTMENT DECISIONS. STRICT INVESTMENT GUIDELINES GOVERN A DISCIPLINED PROCESS FOR ASSET ALLOCATION, MANAGER SELECTION AND REVIEW OF MANAGEMENT FEES.
PROGRAM SERVICE ACCOMPLISHMENTS MILTON HERSHEY SCHOOL IS COMMITTED TO EDUCATING AND NURTURING THE WHOLE CHILD-ACADEMICALLY, PHYSICALLY, EMOTIONALLY, AND SOCIALLY. THANKS TO THE VISION AND GENEROSITY...
PROGRAM SERVICE ACCOMPLISHMENTS MILTON HERSHEY SCHOOL IS COMMITTED TO EDUCATING AND NURTURING THE WHOLE CHILD-ACADEMICALLY, PHYSICALLY, EMOTIONALLY, AND SOCIALLY. THANKS TO THE VISION AND GENEROSITY OF MILTON AND CATHERINE HERSHEY, EVERY ENROLLED STUDENT RECEIVES COMPREHENSIVE CARE AND OPPORTUNITY AT NO COST TO THEIR FAMILY. THIS INCLUDES: - HIGH-QUALITY EDUCATION DELIVERED INSTATE-OF-THE-ARTCLASSROOMS WITH SMALL CLASS SIZES, ENSURING PERSONAL ATTENTION AND TAILORED INSTRUCTION. - THE PHYSICAL, MENTAL, DENTAL, AND PSYCHOLOGICAL CARE OF ALL STUDENTS. - NUTRITIOUS MEALS, CLOTHING, AND SAFE YEAR-ROUND HOUSING, CREATING CONSISTENCY AND STABILITY THAT ENABLE STUDENTS TO FOCUS ON LEARNING AND GROWTH. - ROBUST CAREER AND TECHNICAL EDUCATION (CTE) OFFERINGS, COLLEGE-LEVEL COURSEWORK, ARTS AND MUSIC PROGRAMS, ATHLETICS, AGRICULTURAL EDUCATION, AND HANDS-ON LEARNING OPPORTUNITIES IN AUTHENTIC WORK SETTINGS. MANY CHILDRENENROLLINGAT MHS COME FROM ENVIRONMENTS SHAPED BY POVERTY-RELATED STRESSORS. IN THE 2024-25 SCHOOL YEAR, NEW STUDENTS REPORTEDHIGH LEVELSOF ADVERSE CHILDHOOD EXPERIENCES (ACES), INCLUDING: - FORTY-FIVE PERCENT HAD MENTAL HEALTH ISSUES IN THEIR FAMILY - THIRTY-SEVEN PERCENT EXPERIENCED FAMILY DRUG OR ALCOHOL ISSUES - THIRTY-THREE PERCENT HAD AN INCARCERATED FAMILY MEMBER - TWENTY-FIVE PERCENT WITNESSED DOMESTIC VIOLENCE - TWENTY-THREE PERCENT WHO ATTENDED THREE OR MORE SCHOOLS BEFORE ENROLLING - SEVENTEEN PERCENT EXPERIENCED HOMELESSNESS - FOURTEEN PERCENT WHO EXPERIENCED FOOD INSECURITY THESE HARDSHIPS CANIMPACTLEARNING, EMOTIONAL WELL-BEING, AND STABILITY. AT MHS, STUDENTS RECEIVE INDIVIDUALIZED MENTAL HEALTH SUPPORT AND A CONSISTENT, CARING ENVIRONMENT-FOUNDATIONAL ELEMENTS THAT HELP THEM BUILD RESILIENCE AND THRIVE. MHS CONTINUES TO SET A NATIONAL STANDARD FOR WHOLE CHILD CARE. DURING THE 2024-25 SCHOOL YEAR, STUDENTS BENEFITED FROM 21,929 NURSE/PEDIATRICIAN VISITS, 13,127 DENTAL VISITS AND 54,791 DENTAL PROCEDURES, 1,535 VISION EXAMS AND 1,449 PAIRS OF EYEGLASSES, AND 3,137 IMMUNIZATIONS ADMINISTERED. THIS LEVEL OF CARE REMOVES BARRIERS, ALLOWING STUDENTS TO FOCUS ON ACADEMICS, EXTRACURRICULARS, AND HEALTHY PERSONAL DEVELOPMENT. FROM ELEMENTARY THROUGH HIGH SCHOOL, STUDENTS ENGAGE IN AGE-APPROPRIATE CAREER EXPLORATION. HIGH SCHOOL STUDENTS TAKE PART IN INTERNSHIPS, CO-OPS, AND THE OPPORTUNITY TO EARN INDUSTRY-RECOGNIZED CERTIFICATIONS, SUPPORTED BY PARTNERSHIPS WITH LOCAL ORGANIZATIONS INCLUDING HERSHEY ENTERTAINMENT & RESORTS, THE HERSHEY COMPANY, PENN STATE HEALTH, AND CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING. IN 2024-25, MHS STUDENTS COMPLETED1,149 CAREER EXPOSURE EXPERIENCESAND245 AUTHENTIC WORK EXPERIENCES (INCLUDING INTERNSHIPS, CO-OPS, AND PRE-APPRENTICESHIPS) STUDENTS CAN EXPLORE10 CAREER AND TECHNICAL EDUCATION(CTE)PROGRAM AREASINCLUDINGBUT NOT LIMITED TOLAW,PUBLIC SAFETY,AND SECURITY,COMPUTERTECHNOLOGY, AGRICULTUREANDNATURAL RESOURCES, AND EDUCATIONANDHUMAN SERVICES. ------------------- THIS TUITION-FREE, COMPREHENSIVE PROGRAM, INCLUDING PHYSICAL CARE AS WELL AS EDUCATIONAL PROGRAMMING IN ACADEMIC, HOME LIFE, AND COMMUNITY/CAREER SETTINGS, HAS AN ANNUAL COST OF: TOTAL PROGRAM EXPENSES: 275,394,785 LESS: LINE 22 DEPRECIATION (37,294,415) LINE 2 GRANTS (9,551,378) -------------- TOTAL EXPENSES 228,548,992 TOTAL NUMBER OF STUDENTS: 2,157 GAAP COST PER STUDENT - TOTAL EXPENSES (PART IX LINE 25) $381,246,771 (TOTAL EXPENSES/2,157) = $176,749 TOTAL ANNUAL COST PER STUDENT- SCHOOL AND TRUST TOTAL PROGRAM EXPENSES LESS DEPRECIATION (PART IX LINE 22) AND CES GRANTS (PART IX LINE 2) $228,548,992 (TOTAL EXPENSES)/2,157 (TOTAL NUMBER OF STUDENTS) = $105,957 MHS DIRECT COST PER STUDENT - SCHOOL ONLY FOR A PREMIER BOARDING SCHOOL SUCH AS MILTON HERSHEY SCHOOL, THE ANNUAL INVESTMENT OF MORE THAN $105,000 PER STUDENT INCLUDES HOLISTIC CARE, EDUCATION RESOURCES, GRADUATE PROGRAMS, AND MORE. MILTON HERSHEY SCHOOL ASSUMES THE COST FOR MEDICAL, PSYCHOLOGICAL, DENTAL, ORTHODONTIC, SOCIAL WORK, AND PRESCRIPTION CARE FOR EACH STUDENT. COSTS AT MOST PRIVATE COLLEGES ALSO EXCEED THIS FIGURE. COLLEGES ALSO EXCEED THIS FIGURE. COLLEGES ALSO EXCEED THIS FIGURE. WORK, AND PRESCRIPTION CARE FOR EACH STUDENT. COSTS AT MOST PRIVATE COLLEGES ALSO EXCEED THIS FIGURE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,262,623,043 | $814,024,634 | +0.6% |
| Expenses | $381,246,770 | $370,083,636 | +0.0% |
| Net Income | $881,376,273 | $443,940,998 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES KATZMAN | BOARD OF MANAGERS | 6.0 |
Director
|
$0 | $95,948 | $2,095,008 |
| PETER G GURT | PRESIDENT | 40.0 |
Officer
|
$837,613 | $141,123 | $978,736 |
| ELLIOTT H ROBINSON | VP ADMINISTRATION | 53.0 |
Officer
|
$403,434 | $111,463 | $514,897 |
| FREDA F MARTINE | SR VP OF EDU AND STUDENT LIFE | 55.0 |
Officer
|
$385,641 | $56,588 | $442,229 |
| ANDREW CLARK ESQ | VP Legal/Gen Counsel/SECRETARY | 55.0 |
Officer
|
$332,768 | $85,472 | $418,240 |
| RENEE HOLLOMAN | VP OF HR | 55.0 |
Officer
|
$295,686 | $69,408 | $365,094 |
| ANNETTE K COLE GILL | HEAD-MIDDLE DIVISION | 53.0 |
Key Emp
|
$255,134 | $83,426 | $338,560 |
| WILLIAM H WEBER III | HEAD OF DIVISIONS | 55.0 |
Key Emp
|
$255,662 | $77,217 | $332,879 |
| SOLEIL CARRION DEL TORO | VP FIN/SHARED SRVCS | 55.0 |
Officer
|
$250,470 | $65,781 | $316,251 |
| ERIN OSEVALA | FIRST DEPUTY GENERAL COUNSEL | 43.0 |
Highest
|
$240,899 | $63,285 | $304,184 |
| Erica Weiler-Timmins PHD | Dir Psychological Services | 50.0 |
Highest
|
$219,536 | $80,025 | $299,561 |
| KRISTINA PAE | VP OF COMM AND MARKETING | 65.0 |
Officer
|
$225,574 | $63,522 | $289,096 |
| LISA RASHID | VP - COMMUNICATIONS | 0.0 |
|
$285,255 | $0 | $285,255 |
| STEPHEN VALENTINE | SR DIR QUALITY ASSURANCE | 45.0 |
Highest
|
$206,569 | $74,754 | $281,323 |
| MICHAEL BERNARDO | SR DIRECTOR IT | 48.0 |
Key Emp
|
$207,779 | $72,674 | $280,453 |
| JOHN J OSMOLINSKI | SR DIR CONSTRUCTION/FAC | 50.0 |
Key Emp
|
$210,891 | $68,823 | $279,714 |
| M DIANE KOKEN | BOARD OF MANAGERS | 5.0 |
Director
|
$0 | $170,000 | $275,000 |
| DENISE L ALSTON DDS | DIR DENTAL SERVICES | 55.0 |
Highest
|
$219,495 | $48,936 | $268,431 |
| JEFFREY C PERALES | HEAD ELEMENTARY DIV UNTIL 8/25 | 50.0 |
Key Emp
|
$189,090 | $72,173 | $261,263 |
| NATHANIEL MARTIN | HEAD OF SENIOR DIVISION | 55.0 |
Key Emp
|
$194,827 | $64,253 | $259,080 |
| Cynthia Winters | Sr. Dir Program Supt Svc | 49.0 |
Highest
|
$214,144 | $35,411 | $249,555 |
| CORDEL ROBBIN-COKER | BOARD OF MANAGERS, TREASURER | 3.0 |
Officer
Director
|
$0 | $111,157 | $229,189 |
| TANYA BAYNHAM | FORMER VP GRAD PROG FOR SUCC | 0.0 |
|
$197,518 | $8,213 | $205,731 |
| MATTHEW JACOLIK | FORMER INTERIM TREASURER | 41.0 |
|
$0 | $34,629 | $201,492 |
| Maria Kraus | Board of Managers | 16.0 |
Director
|
$0 | $0 | $194,412 |
| CAROL DANZ | ASSISTANT SECRETARY | 41.0 |
Officer
|
$0 | $43,825 | $161,792 |
| JAMES BROWN | BOARD OF MANAGERS | 6.0 |
Director
|
$0 | $0 | $151,298 |
| JAN L BERGEN | BOARD OF MANAGERS | 5.0 |
Director
|
$0 | $0 | $151,298 |
| AMY MARSH | BOARD OF MANAGERS | 8.0 |
Director
|
$0 | $0 | $151,298 |
| DAVID SALTZMAN | Board of Managers | 3.0 |
Director
|
$0 | $0 | $141,446 |
| Melissa L Fullmore | Board of Managers | 3.0 |
Director
|
$0 | $0 | $141,298 |
| Michela English | Board of Managers | 3.0 |
Director
|
$0 | $0 | $141,298 |
| DAN KATZIR | BOARD OF MANAGERS | 3.0 |
Director
|
$0 | $0 | $141,298 |
| Michelle M Figlar | Board of Managers | 3.0 |
Director
|
$0 | $0 | $141,298 |
| Harold Singleton | Board of Managers | 3.0 |
Director
|
$0 | $0 | $141,298 |
| Jason Wolfe | Board of Managers | 4.0 |
Director
|
$0 | $0 | $141,298 |
| HERSHEY TRUST COMPANY | TRUSTEE | 0.0 |
|
$1,000 | $0 | $1,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,262,623,043 | $381,246,770 | $23,560,448,240 | $881,376,273 |
| 2024 | $814,024,634 | $370,083,636 | $23,436,170,448 | $443,940,998 |
| 2023 | $888,151,749 | $369,033,710 | $24,230,059,234 | $519,118,039 |
| 2022 | $1,457,721,371 | $309,172,162 | $23,523,788,782 | $1,148,549,209 |
| 2021 | $1,016,985,702 | $303,768,377 | $21,433,370,695 | $713,217,325 |
| 2020 | $461,991,595 | $286,579,217 | $17,395,898,597 | $175,412,378 |
| 2019 | $1,441,237,383 | $305,866,789 | $17,659,493,213 | $1,135,370,594 |
| 2018 | $1,069,365,152 | $284,715,426 | $14,034,640,162 | $784,649,726 |
Compare MILTON HERSHEY SCHOOL AND SCHOOL TRUST with other nonprofits in Pennsylvania and across the country.