Tilton School
- Assets
- $53.3m
- Revenue
- $18.5m
- Investments
- $73.2k
- Employees
- 120
- Location
- Tilton, NH
- Founding
- 04/1946
- Data as of
- 06/2023
- EIN
- 02-0222239
Organization Overview
Tilton School is located in Tilton, NH. The organization was established in 1946. 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 06/2023, Tilton School employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tilton School 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 06/2023, Tilton School generated $18.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $17.7m during the year ending 06/2023. While expenses have increased by 1.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN INDEPENDENT, COEDUCATIONAL, PREPARATORY SCHOOL SERVING STUDENTS GRADES 9-12 AND POST-GRADUATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TILTON SCHOOL IS AN INDEPENDENT, COEDUCATIONAL, COLLEGE PREPARATORY SCHOOL SERVING STUDENTS FROM 9TH THROUGH 12TH GRADE AND POST-GRADUATES. TILTON'S STUDENT BODY OF 196 CONSISTS OF 60 DAY STUDENTS AND 136 BOARDING STUDENTS FROM 21 STATES AND 19 COUNTRIES. ALTHOUGH THE TILTON EXPERIENCE IS DIFFERENT FOR EVERY STUDENT, IT INSPIRES AND ENCOURAGES ALL STUDENTS TO TRY NEW THINGS, LEARN NEW SKILLS, AND SET NEW GOALS.STUDENTS AT TILTON ARE CHALLENGED TO EMBRACE AND NAVIGATE A WORLD MARKED BY DIVERSITY AND CHANGE. THROUGH THE QUALITY OF HUMAN RELATIONSHIPS, THE TILTON COMMUNITY CULTIVATES IN ITS STUDENTS THE CURIOSITY, SKILLS, KNOWLEDGE, UNDERSTANDING, CHARACTER AND INTEGRITY REQUISITE FOR THE PURSUIT OF LIFELONG PERSONAL SUCCESS AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Saunders Head Of School | OfficerTrustee | 40 | $230,821 |
Joseph Scala Faculty Representative | Trustee | 40 | $34,846 |
David Mcelhinny Trustee | Trustee | 20 | $0 |
J Terrill Judd First Vice Chair | OfficerTrustee | 10 | $0 |
Andrea Tecce Second Vice Chair | OfficerTrustee | 10 | $0 |
Bernice Bradin Treasurer | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Milestone Construction Llc Construction Management And General Cont | 6/29/23 | $5,285,078 |
Simons Architects Architecture Firm | 6/29/23 | $172,917 |
Volker W Wyrenbeck Electrical Services Electrical | 6/29/23 | $111,187 |
Samyn-d'elia Architects Architecture Firm | 6/29/23 | $104,540 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,647,208 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,965,694 |
| Noncash contributions included in lines 1a–1f | $612,038 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,612,902 |
| Total Program Service Revenue | $11,921,854 |
| Investment income | $431,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $557,030 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,523,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,838,095 |
| Grants and other assistance to Foreign Orgs/Individuals | $566,725 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $486,701 |
| Compensation of current officers, directors, key employees. | $243,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,914,183 |
| Pension plan accruals and contributions | $229,209 |
| Other employee benefits | $592,397 |
| Payroll taxes | $316,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,504 |
| Fees for services: Accounting | $40,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,716 |
| Fees for services: Other | $2,134,163 |
| Advertising and promotion | $212,460 |
| Office expenses | $207,774 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,159,676 |
| Travel | $60,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $681,740 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,552,406 |
| Insurance | $223,026 |
| All other expenses | $134,905 |
| Total functional expenses | $17,712,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,159,908 |
| Savings and temporary cash investments | $1,154,317 |
| Pledges and grants receivable | $2,225,049 |
| Accounts receivable, net | $1,364,315 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,640 |
| Prepaid expenses and deferred charges | $298,855 |
| Net Land, buildings, and equipment | $31,168,737 |
| Investments—publicly traded securities | $13,732,416 |
| Investments—other securities | $73,208 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $89,461 |
| Total assets | $53,304,906 |
| Accounts payable and accrued expenses | $1,714,799 |
| Grants payable | $0 |
| Deferred revenue | $2,593,820 |
| Tax-exempt bond liabilities | $13,859,482 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $87,329 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,301,371 |
| Total liabilities | $19,556,801 |
| Net assets without donor restrictions | $19,362,962 |
| Net assets with donor restrictions | $14,385,143 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $53,304,906 |