Springside Chestnut Hill Academy

Organization Overview

Springside Chestnut Hill Academy is located in Philadelphia, PA. The organization was established in 1942. 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, Springside Chestnut Hill Academy employed 381 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springside Chestnut Hill 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, Springside Chestnut Hill Academy generated $49.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $51.1m during the year ending 06/2021. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE EDUCATION, INSTRUCTION AND TRAINING OF CHILDREN AND YOUNG PEOPLE.

Describe the Organization's Program Activity:

SPRINGSIDE CHESTNUT HILL ACADEMY (SCH), THE LARGEST INDEPENDENT SCHOOL IN PHILADELPHIA, OFFERS A RIGOROUS CURRICULUM TO OVER 1,100 STUDENTS FROM OVER 100 REGIONAL ZIP CODES AND INTERNATIONAL ORIGINS. SCH'S EDUCATIONAL MODEL IS DISTINGUISHED BY SINGLE-SEX EDUCATION IN GRADES PRE-K THROUGH 8 FOLLOWED BY A COED UPPER SCHOOL. THIS UNIQUE STRUCTURE EXPRESSES SCH'S BELIEF IN THE BENEFITS OF SINGLE-SEX ACADEMIC INSTRUCTION IN THE LOWER AND MIDDLE GRADES AND RECOGNITION OF THE VALUE OF COEDUCATION IN A STUDENT'S FINAL PREPARATION FOR COLLEGE AND BEYOND.SCH IS DISTINGUISHED BY SIGNATURE PROGRAMS IN ENTREPRENEURIAL LEADERSHIP, ROBOTICS AND ENGINEERING, COLLEGE PREPARATION, NEW MEDIA, OUTDOOR EDUCATION, AND THE ARTS.FOUNDED IN 1861 AND SITUATED ON A 62-ACRE CAMPUS IN CHESTNUT HILL, PHILADELPHIA, THE SCHOOL HAS A LONG HISTORY OF EDUCATIONAL EXCELLENCE, PREPARING STUDENTS TO LEAD LIVES CHARACTERIZED BY THOUGHTFULNESS, INTEGRITY, AND A QUEST TO EFFECT POSITIVE CHANGE.FIVE VALUES SERVE AS THE FOUNDATION FOR OUR TEACHING AND COMMUNITY SPIRIT: DIVERSITY, INTEGRITY, RESILIENCE, COURAGE, AND THOUGHTFULNESS.DISTINCTIVE FEATURES OF SCH FACILITIES:A 19TH CENTURY INN LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES, 17 LABORATORIES, INCLUDING A 1,600-SQUARE-FOOT STATE-OF-THE-ART ENGINEERING AND ROBOTICS LAB, VIDCAST STUDIO FOR VIDEO AND MUSIC PRODUCTION, IMAGINEERING LAB AND PHYSICS AND ENGINEERING LAB FOR LOWER SCHOOLS, CERTIFIED LEED GOLD SCIENCE & TECHNOLOGY BUILDING, 6 SOL LEWITT INSTALLATIONS AND A VIOLET OAKLEY MURAL, 1/2-ACRE SOLAR ARRAY ROOFTOP INSTALLATION, LOW AND HIGH ROPES CHALLENGE COURSE, 5 PERFORMING ARTS VENUES, FABRICATION AND DESIGN SPACES, INCLUDING 13 3D PRINTERS AND 2 LASER CUTTERS, NEW EARLY CHILDHOOD CENTERPOINTS OF PRIDE:- BETWEEN 2017-2020, SCH TEAMS WON 10 INTER-AC AND STATE CHAMPIONSHIPS.- UPPER SCHOOL STUDENTS HAVE 100+ ELECTIVES TO CHOOSE FROM, INCLUDING FORENSICS, ARCHITECTURAL DESIGN, ADVANCED CREATIVE WRITING & VECTOR CALCULUS.- SCH'S UPPER SCHOOL ROBOTICS TEAM WAS PART OF FIRST'S 2019 DETROIT WORLD CHAMPIONSHIP WINNING ALLIANCE. OVER THE PAST 17 YEARS, THE TEAM HAS FINISHED IN THE TOP 10 AT "WORLDS AND WON THE COVETED FIRST CHAIRMAN'S AWARD 8 TIMES. ROBOTICS STUDENTS HAVE BEEN ACCEPTED INTO THE NATION'S TOP ENGINEERING PROGRAMS, INCLUDING PRINCETON, MIT, CALTECH, PENN, BROWN, COLUMBIA, CORNELL, CARNEGIE MELLON, JOHNS HOPKINS, GEORGIA TECH, CLEMSON, RPI, WPI, ROSE HULMAN AND ALL THREE MILITARY ACADEMIES.- 72% OF SCH FACULTY HOLD ADVANCED DEGREES AND AN AVERAGE OF 18 YEARS' TEACHING EXPERIENCE.- 89% OF STUDENTS IN THE CLASS OF 2021 WERE ACCEPTED INTO ONE OF THEIR TOP TWO COLLEGE CHOICES.- SCH'S UNIQUE CENTER FOR ENTREPRENEURIAL LEADERSHIP CURRICULUM HAS BEEN LICENSED INTERNATIONALLY AND IS RECOGNIZED AS A LEADER IN ENTREPRENEURSHIP EDUCATION. IN 2020-2021, CEL STUDENTS EARNED $10,000 IN SCHOLARSHIPS & GRANTS IN COMPETITIONS SUCH AS GLOBAL YOUTH ENTREPRENEURSHIP, RISING STARTERS, AND TIGER GLOBAL CASE COMPETITION.- RECENT GRADUATES INCLUDE AN OLYMPIC GOLD MEDALIST, THE RECIPIENT OF THE "RISING STAR AWARD" FROM FIRST ROBOTICS, AND A FORBES MAGAZINE "30 UNDER 30" SUMMIT PARTICIPANT AND UN FOUNDATION "TOP 10 FEMALE ENTREPRENEURS TO WATCH."ACHIEVEMENTS OF THE LAST FIVE YEARS:- PHASE II OF CAMPUS MASTER PLAN WAS COMPLETED WITH THE CONSTRUCTION AND OPENING OF THE NEW $34M MCCAUSLAND LOWER SCHOOL AND COMMONS.- THE THREE ACADEMIC DIVISIONS WERE RELOCATED TO THEIR OWN CAMPUSES, STRENGTHENING DIVISIONAL IDENTITY AND RESOURCE MANAGEMENT.- SCH OPENED THE EARLY CHILDHOOD CENTER IN JANUARY 2020, NOW OPERATING AT FULL CAPACITY.- ENROLLMENT HAS GROWN BY 86 STUDENTS AND ATTRITION HAS DROPPED FROM 10.7% TO 3.5%.- STRONG AND CREATIVE LEADERSHIP WAS IMPLEMENTED AT THE DIVISIONAL LEVEL.- WITH INPUT FROM FACULTY, PARENTS, AND STUDENTS, SCH CREATED A NEW MISSION STATEMENT AND CORE VALUES THAT REFLECT THE SCHOOL'S EDUCATIONAL VISION, INCLUDING A PARTICULAR FOCUS ON "DIVERSITY" WITH THE RECENT ADDITION OF 5 BOARD SUB-COMMITTEES/FACULTY/ STAFF HIRING + RETENTION, STUDENT SUCCESS, STUDENT RECRUITMENT + RETENTION, CURRICULUM, AND COMMUNITY ENGAGEMENT.- SCHOOL LEADERSHIP CREATED A STRATEGIC ROADMAP TO GUIDE DECISION-MAKING AT INSTITUTIONAL AND DEPARTMENTAL LEVELS.- DURING THE PANDEMIC, THE SCHOOL STRATEGICALLY PLANNED FOR AND EXECUTED CONTINUOUS EDUCATIONAL PROGRAMMING THROUGH IN-PERSON AND VARIOUS MODES OF REMOTE LEARNING.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anchor Management Group
Project Management
$535,027
Culinart Group Inc
Dining Services
$1,087,077
Shearon Environmental Design Company
Landscaping
$426,209
Interstate Maintenance Corporation
Janitorial Services
$416,252
Anchor Management Group
Project Management
$535,027
Intech Construction Llc
Building Construct.
$20,859,348
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$45,723
Related organizations$0
Government grants $4,625,942
All other contributions, gifts, grants, and similar amounts not included above$2,898,610
Noncash contributions included in lines 1a–1f $267,807
Total Revenue from Contributions, Gifts, Grants & Similar$7,570,275
Total Program Service Revenue$41,520,062
Investment income $291,316
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$14,465
Net Gain/Loss on Asset Sales $281,296
Net Income from Fundraising Events -$7,904
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $66,885
Miscellaneous Revenue$0
Total Revenue $49,945,250

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Springside Chestnut Hill Academy has recieved totaling $5,000.

Awarding OrganizationAmount
Morrison Family Foundation Inc

Mount Olive, NJ

PURPOSE: 12/03/22CHECK #380CHARITABLE PURPOSES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$36,959,587
Earnings$12,060,179
Net Contributions$1,098,503
Other Expense$2,157,316
Ending Balance$47,960,953

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