George Stevens Academy

Organization Overview

George Stevens Academy is located in Blue Hill, ME. The organization was established in 1952. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, George Stevens Academy employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Stevens Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, George Stevens Academy generated $6.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GEORGE STEVENS ACADEMY IS AN INDEPENDENT HIGH SCHOOL LOCATED ON THE COAST OF MAINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SECONDARY EDUCATION TO APPROXIMATELY 315 STUDENTS.


PROVIDE FINANCIAL ASSISTANCE TO GRADUATING STUDENTS WHO ARE FURTHERING THEIR EDUCATION. SCHOLARSHIPS ARE GRANTED ON THE BASIS OF MERIT AND TYPE OF CONTINUING EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Timothy Seeley
Head Of School
$141,138
Fred Heilner
Business Manager
$61,710
Sally Mills
Chair
$0
Samantha Politte
Vice Chair
$0
James Crawford
Treasurer
$0
Phyllis Taylor
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,085,939
All other contributions, gifts, grants, and similar amounts not included above$516,987
Noncash contributions included in lines 1a–1f $11,135
Total Revenue from Contributions, Gifts, Grants & Similar$1,602,926
Total Program Service Revenue$4,104,474
Investment income $148,499
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $384,632
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,240,531

Grants Recieved

Over the last fiscal year, we have identified 5 grants that George Stevens Academy has recieved totaling $100,000.

Awarding OrganizationAmount
Laurence B Flood Foundation Inc

Blue Hill, ME

PURPOSE: GENERAL USE

$62,000
Becton Family Foundation Tr

Homosassa, FL

PURPOSE: CONTRIBUTION TO THE CAPITAL CAMPAIGN

$22,000
Becton Family Foundation Tr

Homosassa, FL

PURPOSE: CONTRIBUTION TO ANNUAL FUND

$10,000
Becton Family Foundation Tr

Homosassa, FL

PURPOSE: CONTRIBUTION TO RUSTY DUYM FUND

$5,000
Prior Family Foundation

St Thomas, VI

PURPOSE: GENERAL FUND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,416,880
Earnings$1,734,635
Admin Expense$37,756
Net Contributions$15,300
Other Expense$30,125
Ending Balance$12,098,934

Peer Organizations

Organization NameAssets
Derryfield School
Manchester, NH
$20,323,202
Tilton School
Tilton, NH
$28,426,192
Gould Academy
Bethel, ME
$16,747,864
Kents Hill School
Kents Hill, ME
$12,333,982
The Trustees Of Fryeburg Academy
Fryeburg, ME
$20,722,502
Coe-Brown Northwood Academy
Northwood, NH
$13,826,653
North Yarmouth Academy
Yarmouth, ME
$17,214,127
Dublin School Inc
Dublin, NH
$17,498,470
Lincoln Academy
New Castle, ME
$16,577,404
The White Mountain School
Bethlehem, NH
$10,223,577
Maine Central Institute
Pittsfield, ME
$10,693,279
Hyde School
Bath, ME
$8,609,134

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