New Hampton School
- Assets
- $98.2m
- Revenue
- $28.2m
- Investments
- $0.0
- Employees
- 219
- Location
- New Hampton, NH
- Founding
- 02/1950
- Data as of
- 06/2022
- EIN
- 02-0223634
Organization Overview
New Hampton School is located in New Hampton, NH. The organization was established in 1950. 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 06/2022, New Hampton School employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hampton 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 06/2022, New Hampton School generated $28.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $25.0m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE LITERATURE, SCIENCE & USEFUL ARTS EDUCATION TO STUDENTS IN GRADES 9 THROUGH PG
Describe the Organization's Program Activity:
Part 3 - Line 4a
A HIGH-QUALITY, FOUR-YEAR CO-EDUCATIONAL SECONDARY LEVEL OF EDUCATION FOR RESIDENTIAL AND DAY STUDENTS, CURRENTLY SERVING A STUDENT BODY OF APPROXIMATELY 340.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Williams Head Of School | Officer | 40 | $325,250 |
Jill Duncan Chief Financial Officer (r | Officer | 40 | $174,495 |
Sarah Debenedictis Director Of Advancement | 40 | $124,709 | |
William Mcculloch Director Of Enrollment | 40 | $109,876 | |
Kathleen Howe Director Of Finance And Operations | Officer | 40 | $13,962 |
Alford Dempsey Jr Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conneston Construction Inc Building, Renovating | 6/29/22 | $3,833,297 |
Frank P Marinace Architectural | 6/29/22 | $310,080 |
Control Technologies Maintenance | 6/29/22 | $115,079 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,470 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,973,238 |
| Noncash contributions included in lines 1a–1f | $23,055 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,025,708 |
| Total Program Service Revenue | $21,825,881 |
| Investment income | $446,589 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,887,823 |
| Net Income from Fundraising Events | -$14,311 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $116 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,171,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,777,794 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $589,082 |
| Compensation of current officers, directors, key employees. | $589,082 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,356,020 |
| Pension plan accruals and contributions | $398,514 |
| Other employee benefits | $1,042,278 |
| Payroll taxes | $544,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,172 |
| Fees for services: Accounting | $76,479 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $163,477 |
| Fees for services: Other | $206,794 |
| Advertising and promotion | $174,671 |
| Office expenses | $98,921 |
| Information technology | $245,758 |
| Royalties | $0 |
| Occupancy | $1,193,543 |
| Travel | $157,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,480 |
| Interest | $327,454 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,674,652 |
| Insurance | $386,716 |
| All other expenses | $661,299 |
| Total functional expenses | $24,966,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,867,869 |
| Savings and temporary cash investments | $750,740 |
| Pledges and grants receivable | $30,546 |
| Accounts receivable, net | $8,373,930 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,023 |
| Prepaid expenses and deferred charges | $197,435 |
| Net Land, buildings, and equipment | $46,251,038 |
| Investments—publicly traded securities | $38,102,890 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $585,262 |
| Total assets | $98,204,733 |
| Accounts payable and accrued expenses | $1,028,287 |
| Grants payable | $0 |
| Deferred revenue | $15,516,134 |
| Tax-exempt bond liabilities | $16,012,807 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $126,415 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,683,643 |
| Net assets without donor restrictions | $45,327,437 |
| Net assets with donor restrictions | $20,193,653 |
| 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 | $98,204,733 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that New Hampton School has recieved totaling $365,138.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $135,000 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $97,460 |
Mildred H Mcevoy Foundation Worcester, MA PURPOSE: GORDON-NASH LIBRARY RENOVATION | $25,000 |
Mildred H Mcevoy Foundation Worcester, MA PURPOSE: GORDON-NASH RENOVATION | $25,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $20,000 |
Richard W Rupp Foundation Amherst, NY PURPOSE: PROGRAM SERVICES | $15,000 |
Endowment Analysis
| Beg. Balance | $33,616,493 |
| Earnings | -$4,208,411 |
| Net Contributions | $1,325,635 |
| Other Expense | $976,241 |
| Ending Balance | $29,757,476 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Middlesex School Concord, MA | $485,283,896 | $51,739,388 |
Trustees Of Thayer Academy Braintree, MA | $161,523,903 | $74,068,471 |
Tabor Academy Marion, MA | $131,644,395 | $42,865,044 |
Berkshire School Inc Sheffield, MA | $360,181,943 | $53,167,690 |
St Marks School Of Southborough Inc Southborough, MA | $256,704,983 | $26,796,658 |
Beaver Country Day School Inc Chestnut Hill, MA | $85,211,798 | $37,690,859 |
Williston Northampton School Easthampton, MA | $100,619,158 | $41,610,730 |
Rivers School Corporation Weston, MA | $120,748,390 | $42,089,621 |
Concord Academy Concord, MA | $166,818,681 | $40,612,899 |
Brooks School North Andover, MA | $203,514,753 | $35,395,118 |
Dana Hall Schools Wellesley, MA | $147,617,920 | $46,296,762 |
Governor Dummer Academy Byfield, MA | $151,667,410 | $30,492,232 |