The Seven Hills Schools is located in Cincinnati, OH. The organization was established in 1949. 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 06/2023, Seven Hills Schools employed 383 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seven Hills Schools 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 06/2023, Seven Hills Schools generated $42.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $36.7m during the year ending 06/2023. While expenses have increased by 3.9% 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
SEVEN HILLS ENGAGES HEARTS AND MINDS, GUIDING STUDENTS TO CULTIVATE THEIR UNIQUE CAPACITIES AND PREPARING EACH FOR A MEANINGFUL ROLE IN A RAPIDLY CHANGING WORLD.
Describe the Organization's Program Activity:
INSTRUCTIONAL AND STUDENT ACTIVITIES
AUXILIARY SERVICES - BOOKSTORE, TRANSPORTATION, FOOD SERVICE, DAYCARE AND SUMMER SCHOOL
FINANCIAL AID
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen J Baggott Chair And President | OfficerTrustee | 2 | $0 |
Lair Kennedy Vice-Chair | OfficerTrustee | 2 | $0 |
Dorothy Corbett Trustee | Trustee | 2 | $0 |
Angie Apple Treasurer | OfficerTrustee | 2 | $0 |
Nolan Bean Trustee | Trustee | 2 | $0 |
Karen B Callard Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Anago Of Greater Cincinnati Commercial Cleaning Services | 6/29/23 | $322,091 |
Crt Technologies Technological Services | 6/29/23 | $176,397 |
Carol Bruggemeyer Graphic Design | 6/29/23 | $111,144 |
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 | $8,419,742 |
Noncash contributions included in lines 1a–1f | $615,900 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,419,742 |
Total Program Service Revenue | $30,269,778 |
Investment income | $443,086 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$106,928 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $42,295,333 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,982,182 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,834,116 |
Compensation of current officers, directors, key employees. | $133,099 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,724,432 |
Pension plan accruals and contributions | $795,903 |
Other employee benefits | $2,701,779 |
Payroll taxes | $1,094,406 |
Fees for services: Management | $131,084 |
Fees for services: Legal | $68,508 |
Fees for services: Accounting | $60,645 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $303,286 |
Fees for services: Other | $0 |
Advertising and promotion | $520,514 |
Office expenses | $214,914 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $59,965 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $77,955 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,575,200 |
Insurance | $306,408 |
All other expenses | $1,267,615 |
Total functional expenses | $36,650,156 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,659,808 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,668,440 |
Accounts receivable, net | $286,200 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $100,000 |
Inventories for sale or use | $21,008 |
Prepaid expenses and deferred charges | $343,530 |
Net Land, buildings, and equipment | $51,435,398 |
Investments—publicly traded securities | $42,767,699 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $190,271 |
Total assets | $117,472,354 |
Accounts payable and accrued expenses | $3,049,935 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
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 | $1,750,531 |
Total liabilities | $4,800,466 |
Net assets without donor restrictions | $72,175,250 |
Net assets with donor restrictions | $40,496,638 |
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 | $117,472,354 |