The Bement School Inc

Organization Overview

The Bement School Inc is located in Deerfield, MA. The organization was established in 1958. 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 06/2022, Bement School Inc employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bement School 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 06/2022, Bement School Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $9.1m during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE BEMENT SCHOOL PROVIDES AN EDUCATION BASED ON TIME-HONORED SCHOOL TRADITIONS AND VALUES FOR CHILDREN IN KINDERGARTEN THROUGH NINTH GRADE, DAY AND BOARDING. FROM THE CLASSROOMS TO THE DORMS, WE LIVE AND LEARN AS A FAMILY, WHILE ENCOURAGING RESPONSIBILITY FOR OUR OWN WORK AND ACTIONS. BEMENT ACTIVELY SEEKS AN ACADEMICALLY DIVERSE, INTERNATIONAL, AND MULTICULTURAL STUDENT BODY. STUDENTS AND ADULTS AT BEMENT WORK TOGETHER TO CREATE A CLIMATE OF ACCEPTANCE, KINDNESS AND CHALLENGE WHICH NURTURES EACH CHILD INTELLECTUALLY, CREATIVELY, PHYSICALLY, AND EMOTIONALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRIVATE EDUCATIONAL FACILITY FOR CHILDREN IN GRADES KINDERGARTENTHROUGH NINTH GRADE


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Michael Schloat
Head Of School
$230,240
Kimberly Loughlin
Director Of Admission/asst
$116,264
Bob Howe
Vice President
$0
Brian Pearson
Treasurer
$0
Kimberly Butz
President
$0
Lisa Peddar
Secretary
$0

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$1,211,668
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,211,668
Total Program Service Revenue$7,094,419
Investment income $191,819
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $465,256
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,963,162

Grants Recieved

Over the last fiscal year, we have identified 7 grants that The Bement School Inc has recieved totaling $122,458.

Awarding OrganizationAmount
Pew Charitable Trusts

Washington, DC

PURPOSE: Matching Gift

$52,250
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$46,650
Perry V Haines Foundation

Sioux City, IA

PURPOSE: GENERAL PURPOSES OF RECIPIENT

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,923
Edna & Monroe C Gutman Foundation Inc

New York, NY

PURPOSE: GENERAL EDUCATIONAL PURPOSES

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$385
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,480,039
Earnings-$1,390,945
Admin Expense$415,000
Net Contributions$79,741
Other Expense$35,552
Ending Balance$9,718,283

Peer Organizations

Organization NameAssets
Albany Academy
Albany, NY
$27,181,105
Cambridge School Of Weston Inc
Weston, MA
$20,616,161
Nichols School Of Buffalo
Buffalo, NY
$42,213,694
Yeshiva Shaare Torah Inc
Brooklyn, NY
$20,724,747
Ideal School Of Manhattan
New York, NY
$19,239,739
Harvey School
Katonah, NY
$19,988,341
Lincoln School
Providence, RI
$18,197,199
The Harley School
Rochester, NY
$16,619,746
Quad Preparatory School
New York, NY
$18,563,667
Amber Charter School
New York, NY
$20,911,182
Green Vale School
Old Brookville, NY
$17,567,329
Winchendon School Inc
Winchendon, MA
$15,557,946

Create an account to unlock the data you need.

or