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 |