The Hun School Of Princeton
- Assets
- $78.7m
- Revenue
- $40.3m
- Investments
- $0.0
- Employees
- 352
- Location
- Princeton, NJ
- Founding
- 03/1945
- Data as of
- 06/2022
- EIN
- 21-0639868
Organization Overview
The Hun School Of Princeton is located in Princeton, NJ. The organization was established in 1945. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Hun School Of Princeton employed 352 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hun School Of Princeton 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, Hun School Of Princeton generated $40.3m 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 $40.7m during the year ending 06/2022. While expenses have increased by 3.9% 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
TO EMPOWER EACH STUDENT TO THRIVE IN A DIVERSE & EVER-CHANGING WORLD BY NURTURING RESILIENT CHARACTER, PROVIDING INDIVIDUAL MENTORSHIP & INSPIRING VIGOROUS & JOYFUL LEARNING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COLLEGE PREPARATORY SECONDARY EDUCATION FOR GRADES SIX THROUGH TWELVE FOR 671 STUDENTS. IN ADDITION, PROVIDED A 5-WEEK SUMMER SCHOOL PROGRAM, WITH FOR-CREDIT AND ENRICHMENT COURSES, FOR OVER 557 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan G Brougham Vice President/head Of School | Officer | 40 | $445,302 |
Stefanie Connell CFO | Officer | 40 | $246,556 |
Steven C Bristol Associate Head Of School | 40 | $193,507 | |
Ryan K Hews Head Of Upper School | 40 | $194,073 | |
Kenneth J Weinstein Head Of Middle School | 40 | $165,153 | |
Alexis Brock Dir. Of Advancement/asst Secy. | Officer | 40 | $185,193 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Dining Services Inc Dining Services | 6/29/22 | $2,118,782 |
Shearon Environmental Design Grounds Maintenance | 6/29/22 | $762,863 |
Faegre Drinker Biddle Reath Legal Services | 6/29/22 | $146,582 |
Craymond Davis Sons Inc Construction Svcs. | 6/29/22 | $907,799 |
Veracross Llc It Services | 6/29/22 | $114,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,976 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,364,548 |
| Noncash contributions included in lines 1a–1f | $356,114 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,459,524 |
| Total Program Service Revenue | $34,720,977 |
| Investment income | $619,593 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,900 |
| Net Gain/Loss on Asset Sales | $2,177,505 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$17,089 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,341,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,840,518 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,019,044 |
| Compensation of current officers, directors, key employees. | $442,977 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,309,526 |
| Pension plan accruals and contributions | $2,561,268 |
| Other employee benefits | $982,393 |
| Payroll taxes | $1,154,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,774 |
| Fees for services: Accounting | $67,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $16,500 |
| Fees for services: Investment Management | $249,750 |
| Fees for services: Other | $3,426,884 |
| Advertising and promotion | $128,563 |
| Office expenses | $1,870,874 |
| Information technology | $345,308 |
| Royalties | $0 |
| Occupancy | $913,433 |
| Travel | $151,169 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,525 |
| Interest | $774,030 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,253,718 |
| Insurance | $272,900 |
| All other expenses | $0 |
| Total functional expenses | $40,702,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,840 |
| Savings and temporary cash investments | $4,933,983 |
| Pledges and grants receivable | $946,680 |
| Accounts receivable, net | $627,981 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,650 |
| Prepaid expenses and deferred charges | $878,553 |
| Net Land, buildings, and equipment | $41,693,188 |
| Investments—publicly traded securities | $28,712,072 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $274,056 |
| Other assets | $588,876 |
| Total assets | $78,689,879 |
| Accounts payable and accrued expenses | $2,596,508 |
| Grants payable | $0 |
| Deferred revenue | $6,050,541 |
| Tax-exempt bond liabilities | $19,735,897 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $45,888 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,394,457 |
| Total liabilities | $29,823,291 |
| Net assets without donor restrictions | $36,999,409 |
| Net assets with donor restrictions | $11,867,179 |
| 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 | $78,689,879 |