The Hun School Of Princeton
- Assets
- $86.6m
- Revenue
- $40.3m
- Investments
- $0.0
- Employees
- 311
- Location
- Princeton, NJ
- Founding
- 03/1945
- Data as of
- 06/2021
- 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 06/2021, Hun School Of Princeton employed 311 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 06/2021, Hun School Of Princeton generated $40.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $37.9m during the year ending 06/2021. While expenses have increased by 3.3% per year over the past 6 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
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 666 STUDENTS. IN ADDITION, PROVIDED A 5-WEEK SUMMER SCHOOL PROGRAM, WITH FOR-CREDIT AND ENRICHMENT COURSES, FOR OVER 660 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan G Brougham Vice President/headmaster | Officer | 40 | $438,344 |
Stefanie Connell CFO | Officer | 40 | $239,160 |
Steven C Bristol Associate Head Of School | 40 | $191,534 | |
Ryan K Hews Head Of Upper School | 40 | $191,525 | |
Alexis Brock Asst. Secy./dir Of Advancement | Officer | 40 | $185,257 |
J Michael Chaykowsky Director Of Operations | 40 | $163,716 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Craymond Davis Sons Inc Construction Svcs. | 6/29/21 | $5,371,803 |
Sage Dining Services Inc Dining Services | 6/29/21 | $1,756,987 |
Vault Medical Services Of New Jerse Medical Testing | 6/29/21 | $555,600 |
Shearon Environmental Design Grounds Maintenance | 6/29/21 | $418,161 |
Penn Medical Corp Symptoms Screening | 6/29/21 | $137,670 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,413,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,333,031 |
| Noncash contributions included in lines 1a–1f | $30,512 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,746,731 |
| Total Program Service Revenue | $31,571,056 |
| Investment income | $587,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,791 |
| Net Gain/Loss on Asset Sales | $2,310,248 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,888 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,315,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,488,213 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,044,208 |
| Compensation of current officers, directors, key employees. | $454,930 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,432,944 |
| Pension plan accruals and contributions | $1,020,034 |
| Other employee benefits | $2,632,896 |
| Payroll taxes | $1,185,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86,647 |
| Fees for services: Accounting | $60,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,000 |
| Fees for services: Investment Management | $223,596 |
| Fees for services: Other | $3,345,197 |
| Advertising and promotion | $133,514 |
| Office expenses | $1,650,381 |
| Information technology | $290,415 |
| Royalties | $0 |
| Occupancy | $892,951 |
| Travel | $25,349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,907 |
| Interest | $590,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,659,457 |
| Insurance | $240,553 |
| All other expenses | $3,132 |
| Total functional expenses | $37,923,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,696 |
| Savings and temporary cash investments | $6,341,011 |
| Pledges and grants receivable | $1,409,747 |
| Accounts receivable, net | $626,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,692 |
| Prepaid expenses and deferred charges | $608,739 |
| Net Land, buildings, and equipment | $34,496,594 |
| Investments—publicly traded securities | $33,766,257 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $222,944 |
| Other assets | $9,047,248 |
| Total assets | $86,569,410 |
| Accounts payable and accrued expenses | $2,763,049 |
| Grants payable | $0 |
| Deferred revenue | $6,518,787 |
| Tax-exempt bond liabilities | $19,914,175 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $40,784 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,692,101 |
| Total liabilities | $30,928,896 |
| Net assets without donor restrictions | $42,074,340 |
| Net assets with donor restrictions | $13,566,174 |
| 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 | $86,569,410 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Hun School Of Princeton has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Wong Family Foundation Palm City, FL PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Ross Foundation Lynchburg, VA PURPOSE: HUN FUND | $2,500 |
Endowment Analysis
| Beg. Balance | $29,644,826 |
| Earnings | $6,513,615 |
| Admin Expense | $223,596 |
| Net Contributions | $130,549 |
| Other Expense | $2,299,137 |
| Ending Balance | $33,766,257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horace Mann School Bronx, NY | $475,824,158 | $137,244,948 |
Ethical Culture Fieldston School New York, NY | $252,651,487 | $107,394,843 |
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |