Mount Prospect Academy Inc

Organization Overview

Mount Prospect Academy Inc is located in Plymouth, NH. The organization was established in 2004. 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, Mount Prospect Academy Inc employed 743 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Prospect Academy 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 06/2021, Mount Prospect Academy Inc generated $42.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $36.0m during the year ending 06/2021. While expenses have increased by 29.2% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF A SCHOOL AND RESIDENTIAL TREATMENT FACILITY FOR CHILDREN AND TROUBLED YOUTH TOGETHER WITH RELATED COMMUNITY BASED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION, ROOM, BOARD AND RELATED EXPENSES OF OPERATING A SCHOOL AND RESIDENTIAL TREATMENT FACILITY TOGETHER WITH ANCILLARY PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Caron
President
$327,379
Susan Beck-Dore
Vice President
$248,616
James Marshall
Head Of Schools
$162,377
John Fulp
Director Of Operations
$159,537
John Carpenter
Past CFO
$158,022
Cory Rogers
Head Of Schools
$129,022

Outside Vendors & Contractors

Vendor Name (Service)Compensation
All-access Infotech Llc
Information Technology
$418,879
Becket Academy
Support Services
$1,092,998
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,305,722
All other contributions, gifts, grants, and similar amounts not included above$973,175
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,278,897
Total Program Service Revenue$35,987,078
Investment income $8,771
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,578
Net Gain/Loss on Asset Sales $208,937
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,485,261

Peer Organizations

Organization NameAssets
Milton Academy
Milton, MA
$105,004,685
Buckingham Browne And Nichols School
Cambridge, MA
$58,711,322
Mount Prospect Academy Inc
Plymouth, NH
$42,485,261
Winsor School Inc
Boston, MA
$31,356,069
Fessenden School
West Newton, MA
$33,180,214
Worcester Academy
Worcester, MA
$31,140,946
Fay School Inc
Southborough, MA
$28,014,225
Park School Corporation
Brookline, MA
$33,906,318
Berwick Academy Trustees
South Berwick, ME
$28,954,341
Waynflete School
Portland, ME
$23,025,527
Walnut Hill Center For The Arts Inc
Natick, MA
$22,569,581
Brimmer & May School
Chestnut Hill, MA
$26,311,497

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