Berkshire School Inc
- Assets
- $360.2m
- Revenue
- $53.2m
- Investments
- $0.0
- Employees
- 271
- Location
- Sheffield, MA
- Founding
- 05/1926
- Data as of
- 06/2022
- EIN
- 04-2121313
Organization Overview
Berkshire School Inc is located in Sheffield, MA. The organization was established in 1926. 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, Berkshire School Inc employed 271 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkshire School Inc 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, Berkshire School Inc generated $53.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $42.3m during the year ending 06/2022. While expenses have increased by 2.6% 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.
Since 2020, Berkshire School Inc has awarded 18 individual grants totaling $501,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SECONDARY EDUCATIONAL, SOCIAL, AND ATHLETIC PROGRAMS TO CHILDREN.
Describe the Organization's Program Activity:
INSTRUCTION OF APPROXIMATELY 427 HIGH SCHOOL AGED CHILDREN BY APPROXIMATELY 88 QUALIFIED INSTRUCTORS.
CONDUCTING ATHLETIC PROGRAMS AND VARIOUS OTHER STUDENT ACTIVITIES.
PROVIDING FOOD SERVICES AND SUPPLIES AND INFIRMARY FOR STUDENTS.
CONDUCTING VARIOUS SUMMER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pieter M Mulder Secretary/head Of School | OfficerTrustee | 40 | $462,662 |
Robert S Boyd Asst Treasurer/cfo | Officer | 40 | $344,009 |
Jean Maher Associate Head Of School | 40 | $215,112 | |
Andrew Bogardus Director Of Advancement | 40 | $203,899 | |
Timothy J Fulco Director Of Physical Plant | 40 | $145,605 | |
Peter Quilty Faculty Member | 40 | $140,431 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik Compass Group Usa Food Services | 6/29/22 | $1,776,489 |
Valley Communications Systems Inc Av Contractor | 6/29/22 | $633,502 |
Partners Capital Investment Group Investment Advisors | 6/29/22 | $613,964 |
Preferred Building Systems Building Contractor | 6/29/22 | $526,030 |
Cic Health Llc Covid Testing Provider | 6/29/22 | $386,915 |
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 | $13,769,094 |
| Noncash contributions included in lines 1a–1f | $873,794 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,769,094 |
| Total Program Service Revenue | $30,272,476 |
| Investment income | $2,114,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,039,214 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,167,690 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $81,400 |
| Grants and other assistance to domestic individuals. | $5,573,866 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,089,900 |
| Compensation of current officers, directors, key employees. | $891,220 |
| Compensation of current officers, directors, key employees. | $534,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,823,728 |
| Pension plan accruals and contributions | $903,240 |
| Other employee benefits | $2,837,103 |
| Payroll taxes | $930,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,121,591 |
| Fees for services: Other | $0 |
| Advertising and promotion | $327,319 |
| Office expenses | $5,486,269 |
| Information technology | $79,574 |
| Royalties | $0 |
| Occupancy | $3,240,345 |
| Travel | $37,353 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,361 |
| Interest | $527,529 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,479,750 |
| Insurance | $429,912 |
| All other expenses | $0 |
| Total functional expenses | $42,324,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,464,723 |
| Savings and temporary cash investments | $11,024,148 |
| Pledges and grants receivable | $6,027,723 |
| Accounts receivable, net | $95,309 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $358,398 |
| Prepaid expenses and deferred charges | $564,384 |
| Net Land, buildings, and equipment | $109,766,246 |
| Investments—publicly traded securities | $229,295,607 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,585,405 |
| Total assets | $360,181,943 |
| Accounts payable and accrued expenses | $9,145,014 |
| Grants payable | $0 |
| Deferred revenue | $9,422,246 |
| Tax-exempt bond liabilities | $48,984,669 |
| Escrow or custodial account liability | $368,514 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $155,857 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,076,300 |
| Net assets without donor restrictions | $214,956,293 |
| Net assets with donor restrictions | $77,149,350 |
| 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 | $360,181,943 |
Grants Awarded
Over the last fiscal year, Berkshire School Inc has awarded $81,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF SHEFFIELD PURPOSE: GENERAL ASSISTANCE | $64,600 |
SHEFFIELD VOLUNTEER HOSE COMPANY #1 PURPOSE: GENERAL ASSISTANCE | $10,000 |
Pittsfield, MA PURPOSE: GENERAL ASSISTANCE | $6,800 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Berkshire School Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
The Mcgue Millhiser Family Trust Richmond, VA PURPOSE: EDUCATION | $5,000 |
The Patton Charitable Foundation Hobe Sound, FL PURPOSE: ANNUAL FUNDEDUCATIONSECONDARY | $5,000 |
John L & Margaret M Riegel Foundation Knoxville, TN PURPOSE: FUNDS TO PROVIDE EDUCATION | $1,000 |
Endowment Analysis
| Beg. Balance | $191,018,516 |
| Earnings | $1,124,051 |
| Net Contributions | $11,978,267 |
| Other Expense | $5,097,220 |
| Ending Balance | $199,023,614 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choate Rosemary Hall Foundation Incorporated Wallingford, CT | $824,930,363 | $80,573,016 |
Hotchkiss School Lakeville, CT | $832,226,197 | $135,336,667 |
St Pauls School Concord, NH | $908,168,263 | $117,316,597 |
Trustees Of Deerfield Academy Deerfield, MA | $1,009,854,595 | $87,019,997 |
Taft School Corporation Watertown, CT | $447,949,060 | $83,525,324 |
Northfield Mount Hermon School Mount Hermon, MA | $279,135,089 | $64,524,302 |
Loomis Institute Windsor, CT | $445,458,169 | $66,028,387 |
Noble And Greenough School Dedham, MA | $357,051,555 | $55,304,957 |
Pinkerton Academy Derry, NH | $88,400,593 | $52,612,732 |
Groton School Groton, MA | $519,152,774 | $50,710,312 |
Kent School Corporation Kent, CT | $229,105,384 | $52,388,614 |
Hopkins School Incorporated New Haven, CT | $238,380,739 | $44,795,541 |