Tabor Academy
- Assets
- $131.6m
- Revenue
- $42.9m
- Investments
- $35.2m
- Employees
- 246
- Location
- Marion, MA
- Founding
- 10/1945
- Data as of
- 06/2021
- EIN
- 04-2103632
Organization Overview
Tabor Academy is located in Marion, MA. The organization was established in 1945. 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, Tabor Academy employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tabor 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, Tabor Academy generated $42.9m 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 $42.3m during the year ending 06/2021. While expenses have increased by 2.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TABOR ACADEMY IS A COEDUCATIONAL, COLLEGE PREPARATORY BOARDING AND DAY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TABOR ACADEMY EDUCATES APPROXIMATELY 536 STUDENTS. AS THE "SCHOOLBY THE SEA," TABOR SUSTAINS A UNIQUE MARITIME HERITAGE THATEMBODIES, IN ALL ITS PROGRAMS, THE QUALITIES A SEAGOING LIFEREQUIRES: THOUGHTFUL PREPARATION FOR, AND AWARENESS OF THE WIDERWORLD, PERSEVERANCE, COURAGE, GOOD HUMOR, A SENSE OF DIRECTION,AND HUMILITY. TABOR'S FACULTY COMMIT THEMSELVES TO BALANCING HIGHDEMANDS WITH GENUINE AFFECTION FOR THEIR STUDENTS AND TO FOSTERINGRELATIONSHIPS FOUNDED ON THE COMPASSION, PERSONAL INTEGRITY, ANDTRUST THAT ANCHOR TABOR'S COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanford Stephen P CFO | Officer | 40 | $231,262 |
Jaccaci Anthony Tt Head Of School (effective 7/1/21) | Officer | 40 | $195,762 |
O'connell Patrick J Director Of Advancement | Officer | 40 | $196,995 |
Frey Timothy L Director Of Technology | 40 | $135,089 | |
Long Eric Director Of Admission | 40 | $129,572 | |
Mccain Andrew L Director Of Alumni Relations | 40 | $117,424 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flikcompass Group Usa Dining Services | 6/29/22 | $1,582,624 |
Delphi Construction Construction Services | 6/29/22 | $1,446,783 |
Duclos Corporation Dba Gladding-hearn Tabor Boy Shooner Restorataion And Repai | 6/29/22 | $488,812 |
Cic Health Llc Covid Testing Services | 6/29/22 | $852,335 |
Greenscape Land Design Inc Landscaping Services | 6/29/22 | $382,303 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,370,879 |
| Investment income | $974,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,592,518 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,865,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $8,401,795 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $927,510 |
| Compensation to disqualified persons | $79,896 |
| Other salaries and wages | $11,760,537 |
| Pension plan accruals and contributions | $1,156,905 |
| Other employee benefits | $3,991,507 |
| Payroll taxes | $931,893 |
| Fees for services: Management | $25,718 |
| Fees for services: Legal | $557,138 |
| Fees for services: Accounting | $232,413 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $36,850 |
| Fees for services: Investment Management | $352,759 |
| Fees for services: Other | $2,837,992 |
| Advertising and promotion | $0 |
| Office expenses | $1,446,723 |
| Information technology | $435,029 |
| Royalties | $0 |
| Occupancy | $1,850,374 |
| Travel | $46,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $253,778 |
| Interest | $523,710 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,822,656 |
| Insurance | $578,546 |
| All other expenses | $0 |
| Total functional expenses | $42,344,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,373,114 |
| Savings and temporary cash investments | $62,696 |
| Pledges and grants receivable | $5,528,808 |
| Accounts receivable, net | $531,057 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $409,277 |
| Investments—publicly traded securities | $18,574,001 |
| Investments—other securities | $35,207,826 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,023,247 |
| Total assets | $131,644,395 |
| Accounts payable and accrued expenses | $4,212,840 |
| Grants payable | $0 |
| Deferred revenue | $8,264,164 |
| Tax-exempt bond liabilities | $19,640,002 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $25,770 |
| Other liabilities | $588,346 |
| Total liabilities | $32,731,122 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $98,913,273 |