Noble And Greenough School
- Assets
- $347.5m
- Revenue
- $58.6m
- Investments
- $98.7m
- Employees
- 616
- Location
- Dedham, MA
- Founding
- 02/1953
- Data as of
- 08/2023
- EIN
- 04-2104784
Organization Overview
Noble And Greenough School is located in Dedham, MA. The organization was established in 1953. 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 08/2023, Noble And Greenough School employed 616 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble And Greenough 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 08/2023, Noble And Greenough School generated $58.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $58.1m during the year ending 08/2023. While expenses have increased by 3.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NOBLE AND GREENOUGH SCHOOL PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS IN GRADES 7-12.
Describe the Organization's Program Activity:
NOBLE & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 629 STUDENTS, 137 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED.
NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 3,148 CAMPERS, 332 STAFF. CAMPERSHIP GRANTED.
ACHIEVE: A TUITION-FREE EDUCATIONAL PROGRAM SERVING LOW-INCOME MIDDLE SCHOOL CHILDREN FROM BOSTON PUBLIC SCHOOLS, ACHIEVE PROVIDES ACADEMIC AND PERSONAL ENRICHMENT THROUGH A RIGOROUS AND ENGAGING SIX-WEEK SUMMER PROGRAM AND ONGOING ACADEMIC YEAR TUTORING AND SUPPORT. ACHIEVE SEEKS TO INCREASE STUDENTS' ACADEMIC SKILLS, MOTIVATION, AND SELF-CONFIDENCE AND PUT THEM ON THE PATH TO COLLEGE - 65 STUDENTS, 28 MEMBERS OF FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbeygale Anderson Trustee (from 7/1/23) | Trustee | 5 | $0 |
Dean Athanasia Trustee (thru 6/15/23) | Trustee | 5 | $0 |
Jessica Baylor Trustee (from 7/1/23) | Trustee | 5 | $0 |
Kevin Callaghan Trustee | Trustee | 5 | $0 |
Lori Cashman Trustee | Trustee | 5 | $0 |
Karl Cheng Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik Compass Group Usa Food Services | 8/30/23 | $2,415,268 |
Ug2 Llc Janitorial Services | 8/30/23 | $659,061 |
Emcor Services Hvac Services | 8/30/23 | $445,506 |
Local Motion Inc Transportation | 8/30/23 | $441,911 |
William Rawn Associates Architectural Services | 8/30/23 | $408,737 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,558,526 |
| Noncash contributions included in lines 1a–1f | $1,005,526 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,558,526 |
| Total Program Service Revenue | $41,307,072 |
| Investment income | $3,156,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,157 |
| Net Gain/Loss on Asset Sales | $1,382,490 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,302 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,642,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,737,369 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,083,733 |
| Compensation of current officers, directors, key employees. | $1,007,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,776,227 |
| Pension plan accruals and contributions | $2,449,388 |
| Other employee benefits | $3,058,119 |
| Payroll taxes | $3,643,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,873 |
| Fees for services: Accounting | $83,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,763,299 |
| Fees for services: Other | $1,726,356 |
| Advertising and promotion | $191,410 |
| Office expenses | $1,774,135 |
| Information technology | $663,535 |
| Royalties | $0 |
| Occupancy | $4,769,039 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $650,767 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,666,379 |
| Insurance | $0 |
| All other expenses | $718,412 |
| Total functional expenses | $58,076,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,001,133 |
| Savings and temporary cash investments | $22,654,585 |
| Pledges and grants receivable | $2,573,903 |
| Accounts receivable, net | $16,797,688 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,228 |
| Prepaid expenses and deferred charges | $871,039 |
| Net Land, buildings, and equipment | $92,204,606 |
| Investments—publicly traded securities | $102,757,338 |
| Investments—other securities | $98,653,579 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,847,548 |
| Total assets | $347,480,647 |
| Accounts payable and accrued expenses | $2,626,613 |
| Grants payable | $0 |
| Deferred revenue | $31,179,228 |
| Tax-exempt bond liabilities | $23,281,757 |
| 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 | $0 |
| Other liabilities | $1,265,188 |
| Total liabilities | $58,352,786 |
| Net assets without donor restrictions | $129,381,289 |
| Net assets with donor restrictions | $159,746,572 |
| 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 | $347,480,647 |