Noble And Greenough School
- Assets
- $357.1m
- Revenue
- $55.3m
- Investments
- $141.1m
- Employees
- 380
- Location
- Dedham, MA
- Founding
- 02/1953
- Data as of
- 08/2021
- EIN
- 04-2104784
Organization Overview
Noble And Greenough School is located in Dedham, MA. The organization was established in 1953. 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 08/2021, Noble And Greenough School employed 380 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noble And Greenough School 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 08/2021, Noble And Greenough School generated $55.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $54.5m during the year ending 08/2021. While expenses have increased by 4.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NOBLE AND GREENOUGH SCHOOL PROVIDES INSTRUCTIONAL ACTIVITY TO STUDENTS IN GRADES 7-12.
Describe the Organization's Program Activity:
NOBLE & GREENOUGH SCHOOL: INSTRUCTIONAL ACTIVITY TO STUDENTS FROM GRADE 7 TO 12 - 626 STUDENTS, 147 MEMBERS OF FACULTY. FINANCIAL AID IS GRANTED.
NOBLES DAY CAMP: 8 WEEK PROGRAM FOR THE GREATER BOSTON COMMUNITY - 1,378 CAMPERS, 251 STAFF. CAMPERSHIP GRANTED.
ACHIEVE: A TUITION-FREE EDUCATIONAL PROGRAM SERVING LOW-INCOME MIDDLE SCHOOL CHILDREN FROM BOSTON PUBLIC SCHOOLS, ACHIEVE PROVIDES ACADEMIC AND PERSONAL ENRICHMENT THROUGH A RIGOROUS AND ENGAGING SIX-WEEK SUMMER PROGRAM AND ONGOING ACADEMIC YEAR TUTORING AND SUPPORT. ACHIEVE SEEKS TO INCREASE STUDENTS' ACADEMIC SKILLS, MOTIVATION, AND SELF-CONFIDENCE AND PUT THEM ON THE PATH TO COLLEGE - 75 STUDENTS, 29 MEMBERS OF FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine J Hall Head Of School | Officer | 40 | $586,412 |
Stephen M Ginsberg Chief Fin. & Operating Officer | Officer | 40 | $313,200 |
John T Gifford Assistant Head Of School | Officer | 40 | $288,835 |
George Maley Chief Advancement Officer | Officer | 40 | $255,526 |
Michael Denning Head Of Upper School | 40 | $202,222 | |
Mark Spence Dean Of Student Engagement | 40 | $180,372 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flik - Compass Group Usa Food Services | 8/30/21 | $1,447,935 |
Ug2 Llc Cleaning Services | 8/30/21 | $772,423 |
Shawmut Design And Construction Construction | 8/30/21 | $842,422 |
Emcor Services Hvac Services | 8/30/21 | $338,450 |
Physiciansone Urgent Care Covid Testing Services | 8/30/21 | $1,195,956 |
Financial Statements
| 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 | $9,355,323 |
| Noncash contributions included in lines 1a–1f | $520,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,355,323 |
| Total Program Service Revenue | $38,177,100 |
| Investment income | $2,209,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$5,532 |
| Net Gain/Loss on Asset Sales | $5,502,683 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,948 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,304,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,085,234 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,922,645 |
| Compensation of current officers, directors, key employees. | $938,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,349,881 |
| Pension plan accruals and contributions | $2,015,648 |
| Other employee benefits | $2,406,807 |
| Payroll taxes | $1,452,658 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,507 |
| Fees for services: Accounting | $80,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,765,577 |
| Fees for services: Other | $2,771,608 |
| Advertising and promotion | $30,249 |
| Office expenses | $1,186,438 |
| Information technology | $285,319 |
| Royalties | $0 |
| Occupancy | $4,154,025 |
| Travel | $3,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $327,992 |
| Interest | $606,592 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,615,755 |
| Insurance | $390,033 |
| All other expenses | $979,739 |
| Total functional expenses | $54,514,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,033,510 |
| Savings and temporary cash investments | $6,538,639 |
| Pledges and grants receivable | $2,153,925 |
| Accounts receivable, net | $14,832,009 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $139,589 |
| Prepaid expenses and deferred charges | $1,115,771 |
| Net Land, buildings, and equipment | $99,097,390 |
| Investments—publicly traded securities | $76,084,128 |
| Investments—other securities | $141,056,594 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,051,555 |
| Accounts payable and accrued expenses | $2,549,438 |
| Grants payable | $0 |
| Deferred revenue | $28,878,600 |
| Tax-exempt bond liabilities | $24,062,547 |
| 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 | $1,598,555 |
| Total liabilities | $57,089,140 |
| Net assets without donor restrictions | $129,769,661 |
| Net assets with donor restrictions | $170,192,754 |
| 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 | $357,051,555 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Noble And Greenough School has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Ziyao Liu Charitable Trust Wellesley, MA PURPOSE: GENERABLE CHARITABLE | $1,700 |
Laurence B Flood Foundation Inc Blue Hill, ME PURPOSE: GENERAL USE | $1,000 |
Kahn Family Charitable Foundation Wellesley, MA PURPOSE: PROGRAM SUPPORT | $500 |
Twenty Plus Foundation Inc Weston, MA PURPOSE: GIFT | $300 |
Endowment Analysis
| Beg. Balance | $149,913,991 |
| Earnings | $38,493,739 |
| Net Contributions | $2,531,081 |
| Other Expense | $6,918,929 |
| Ending Balance | $184,019,882 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choate Rosemary Hall Foundation Incorporated Wallingford, CT | $824,930,363 | $80,573,016 |
Hotchkiss School Lakeville, CT | $832,226,197 | $135,336,667 |
St Pauls School Concord, NH | $908,168,263 | $117,316,597 |
Trustees Of Deerfield Academy Deerfield, MA | $1,009,854,595 | $87,019,997 |
Taft School Corporation Watertown, CT | $447,949,060 | $83,525,324 |
Northfield Mount Hermon School Mount Hermon, MA | $279,135,089 | $64,524,302 |
Loomis Institute Windsor, CT | $445,458,169 | $66,028,387 |
Noble And Greenough School Dedham, MA | $357,051,555 | $55,304,957 |
Pinkerton Academy Derry, NH | $88,400,593 | $52,612,732 |
Groton School Groton, MA | $519,152,774 | $50,710,312 |
Kent School Corporation Kent, CT | $229,105,384 | $52,388,614 |
Hopkins School Incorporated New Haven, CT | $238,380,739 | $44,795,541 |