Northfield Mount Hermon School
- Assets
- $279.1m
- Revenue
- $64.5m
- Investments
- $62.0m
- Employees
- 518
- Location
- Mount Hermon, MA
- Founding
- 08/1932
- Data as of
- 06/2020
- EIN
- 04-2109865
Organization Overview
Northfield Mount Hermon School is located in Mount Hermon, MA. The organization was established in 1932. 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 06/2021, Northfield Mount Hermon School employed 518 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northfield Mount Hermon 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 06/2020, Northfield Mount Hermon School generated $64.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $57.8m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PLEASE SEE SCHEDULE O FOR NORTHFIELD MOUNT HERMON SCHOOL'S MISSION. NORTHFIELD MOUNT HERMON PROVIDES SECONDARY SCHOOL EDUCATION, ENGAGING THE INTELLECT, COMPASSION, AND TALENTS OF OUR STUDENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHFIELD MOUNT HERMON SCHOOL (NMH) GIVES YOUNG PEOPLE AN EXCEPTIONAL ACADEMIC EXPERIENCE TAUGHT BY EXPERT, CARING FACULTY. NMH IS A SECULAR COED BOARDING AND DAY SCHOOL FOR 666 STUDENTS IN GRADES NINE THROUGH TWELVE AND POST GRADUATE. OUR BEAUTIFUL WOODED CAMPUS BORDERS THE CONNECTICUT RIVER IN WESTERN MASSACHUSETTS' PIONEER VALLEY. HERE, WE CHALLENGE STUDENTS TO THINK CRITICALLY AND TO CHANNEL THEIR TALENTS TO DO GOOD IN THE WORLD, INSPIRING IN THEM A SENSE OF PURPOSE AT NMH, A CONSTELLATION OF ADULTS INTERACT WITH AND SUPPORT STUDENTS THROUGHOUT THE DAY. CLASSES ARE SMALL AND EXTENDED TO ALLOW STUDENTS TO EXPLORE EACH SUBJECT IN DEPTH. STUDENTS TAKE THREE MAJOR COURSES EACH SEMESTER FOR A TOTAL OF SIX CHALLENGING COLLEGE-PREPARATORY COURSES PER YEAR. THE SCHOOL OFFERS AN EXTENSIVE CHOICE OF SPORTS TEAMS, PERFORMING ARTS GROUPS, CLUBS AND STUDY-ABROAD OPTIONS. AN ESTIMATED 150 STUDENTS VOLUNTEER EACH TERM IN SERVICE ACTIVITIES. STUDENTS ALSO HELP RUN OUR WORKING FARM, AND PROVIDE SUPPORT FOR GRADUATIONAL CREDIT IN MULTIPLE DEPARTMENTS, INCLUDING FOOD SERVICES AND PLANT FACILITIES.
NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUMMER SESSION OFFERS PROGRAMS FOR STUDENTS WISHING TO ENRICH, SUPPLEMENT, OR ACCELERATE THEIR SCHOOL-YEAR EDUCATION. WE HAVE AN EXTENSIVE, COMPREHENSIVE PROGRAM THAT HAS EXISTED IN VARIOUS FORMS FOR MORE THAN 100 YEARS. EACH SUMMER, WE GATHER AS A COMMUNITY TO ENGAGE IN ACADEMIC WORK AND TO LEARN FROM EACH OTHER IN MANY DIFFERENT WAYS. OUR STUDENT POPULATION IS DIVERSE AND WORLDLY -- IN THE SUMMER OF 2020, 12 DIFFERENT COUNTRIES AND 20 STATES WITHIN THE U.S. WERE REPRESENTED. OUR TALENTED FACULTY IS ASSISTED BY 29 TEACHING INTERNS TO PROVIDE AN OUTSTANDING EXPERIENCE FOR OUR STUDENTS. OUR GOAL, THROUGH ALL ASPECTS OF OUR COMPREHENSIVE PROGRAM, IS TO PROVIDE A VALUABLE, LIFE-CHANGING EXPERIENCE FOR EACH STUDENT WHO JOINS US. FOR MANY STUDENTS, NMH SUMMER SESSION PROVIDES THEIR FIRST TASTE OF A RIGOROUS ACADEMIC EXPERIENCE AND CHALLENGES THEM TO A NEW LEVEL. OTHER STUDENTS COME FROM STRONG SCHOOLS AND USE THEIR SUMMER HERE AS AN OPPORTUNITY TO FURTHER BUILD ACADEMIC SKILLS, ADVANCE IN THEIR COURSEWORK AND PREPARE FOR COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hargrove Head Of School | Officer | 50 | $391,929 |
Mary Mceneany Coo/cfo | Officer | 50 | $243,973 |
Charles Tierney Assistant Head Of School | Officer | 50 | $218,387 |
Sara Rourke Doctor | 50 | $199,204 | |
Claude Anderson Dean Of Enrollment | Officer | 50 | $178,051 |
Allyson Goodwin Chief Advancement Officer | 50 | $144,293 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fontaine Bros Inc Contractor | 6/29/21 | $4,976,576 |
Mowry & Schmidt Inc Contractor | 6/29/21 | $871,892 |
Flansburgh Associates Inc Contractor | 6/29/21 | $1,803,844 |
Engelberth Construction Inc Contractor | 6/29/21 | $1,774,261 |
Henry C Kocot And Sons Inc Contractor | 6/29/21 | $437,327 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,726,291 |
| Investment income | $2,055,179 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $116,876 |
| Net Gain/Loss on Asset Sales | $5,794,282 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $66,364 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,524,302 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $8,003,783 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,769,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,464,053 |
| Pension plan accruals and contributions | $1,356,548 |
| Other employee benefits | $5,558,212 |
| Payroll taxes | $1,466,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $183,314 |
| Fees for services: Accounting | $99,785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,041 |
| Fees for services: Investment Management | $206,177 |
| Fees for services: Other | $3,030,397 |
| Advertising and promotion | $59,361 |
| Office expenses | $1,282,591 |
| Information technology | $592,618 |
| Royalties | $0 |
| Occupancy | $1,718,067 |
| Travel | $360,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,971 |
| Interest | $2,508,931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,269,233 |
| Insurance | $642,642 |
| All other expenses | $0 |
| Total functional expenses | $57,762,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,788,682 |
| Pledges and grants receivable | $5,941,328 |
| Accounts receivable, net | $4,935,858 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $53,511 |
| Inventories for sale or use | $335,292 |
| Prepaid expenses and deferred charges | $778,323 |
| Investments—publicly traded securities | $110,449,505 |
| Investments—other securities | $62,025,144 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,135,089 |
| Accounts payable and accrued expenses | $3,128,253 |
| Grants payable | $0 |
| Deferred revenue | $10,109,721 |
| Tax-exempt bond liabilities | $64,060,950 |
| Escrow or custodial account liability | $162,889 |
| 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 | $30,561,344 |
| Total liabilities | $108,023,157 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $171,111,932 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northfield Mount Hermon School has recieved totaling $13,954.
| Awarding Organization | Amount |
|---|---|
Jessie J Patterson Trust 20 00 1383 0 Nect Shawmut 1st Bk & Tr Dallas, TX PURPOSE: SCHOLARSHIPS | $13,954 |
Endowment Analysis
| Beg. Balance | $151,911,222 |
| Earnings | $43,610,015 |
| Net Contributions | $4,437,896 |
| Other Expense | $7,326,887 |
| Grants | $3,034,700 |
| Ending Balance | $189,597,546 |
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 |