Greenhills School
- Assets
- $38.8m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 160
- Location
- Ann Arbor, MI
- Founding
- 07/1967
- Data as of
- 06/2021
- EIN
- 38-6143974
Organization Overview
Greenhills School is located in Ann Arbor, MI. The organization was established in 1967. 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, Greenhills School employed 160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenhills 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 06/2021, Greenhills School generated $17.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $15.6m during the year ending 06/2021. While expenses have increased by 3.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREENHILLS SCHOOL IS A STUDENT-CENTERED COMMUNITY THAT HELPS YOUNG PEOPLE REALIZE THEIR FULL INTELLECTUAL, ETHICAL, ARTISTIC, AND ATHLETIC POTENTIAL IN PREPARATION FOR COLLEGE - AND BEYOND - AS CURIOUS, CREATIVE, AND RESPONSIBLE CITIZENS WHO RESPECT ALL INDIVIDUALS AND THEIR DIFFERENCES, AND WHOSE MEANINGFUL AND BALANCED LIVES WILL BETTER THE WORLD.THE PROMOTION OF DIVERSITY IS ESSENTIAL TO THE ETHOS AND PRACTICES OF GREENHILLS SCHOOL. WE BELIEVE THAT PEOPLE FROM ALL RACES, CULTURES, SOCIO-ECONOMIC BACKGROUNDS, GENDERS, ABILITIES, RELIGIONS, AND SEXUALITIES ARE SOURCES OF STRENGTH THAT ENRICH TEACHING AND LEARNING. WE STRIVE TO BUILD A DIVERSE LEARNING COMMUNITY BY ACTIVELY VALUING INDIVIDUAL EXPERIENCES, IDEAS, AND TALENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENHILLS SCHOOL IS AN INDEPENDENT, NON-DENOMINATIONAL, COED COLLEGE PREPARATORY SCHOOL ENROLLING GRADES 6-12 WITH AN EMPHASIS ON SCHOLASTIC, ATHLETIC, ARTISTIC AND EDUCATIONAL EXCELLENCE FOR APPROXIMATELY 560 STUDENTS. THE SCHOOL OFFERS A NEED BASED FINANCIAL AID PROGRAM COVERING TUITION FOR APPROXIMATLEY 111 STUDENTS IN FISCAL YEAR ENDING JUNE 30, 2021.THE SCHOOL ALSO PROVIDES FOR TUITION REMISSION FOR THE CHILDREN OF EMPLOYEES MEETING CERTAIN LONGEVITY REQUIREMENTS. THIS PROGRAM SERVED 12 STUDENTS THIS FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Peter B Fayroian Head Of School | Officer | 50 | $334,651 |
Mr John R Nickel Chief Financial Officer | Officer | 50 | $170,512 |
Ms Elizabeth Q Mclaughlin Associate Head Of School | Officer | 50 | $169,726 |
Mr Paul Gargaro Director Of Advancement | 50 | $156,748 | |
Ms Marissa Green Director Of It | 50 | $155,450 | |
Mrs Elizabeth Ellsworth Director Of College Counseling | 50 | $124,797 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fieldturf Usa Synthetic Turf Field | 6/29/21 | $330,449 |
Merlo Construction Construction | 6/29/21 | $188,124 |
Js Vig Construction General Contractor | 6/29/21 | $1,708,094 |
Asphalt Specialists Inc Construction | 6/29/21 | $223,659 |
Plum Market Food Service Llc Dining Services | 6/29/21 | $406,229 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,710,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $636,290 |
| Noncash contributions included in lines 1a–1f | $170,473 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,346,290 |
| Total Program Service Revenue | $14,866,939 |
| Investment income | $215,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $455,324 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,510 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,943,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,836,091 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $806,804 |
| Compensation of current officers, directors, key employees. | $526,066 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,129,715 |
| Pension plan accruals and contributions | $514,424 |
| Other employee benefits | $924,611 |
| Payroll taxes | $566,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,598 |
| Fees for services: Accounting | $39,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,625 |
| Fees for services: Other | $1,142,816 |
| Advertising and promotion | $0 |
| Office expenses | $884,891 |
| Information technology | $58,135 |
| Royalties | $0 |
| Occupancy | $180,598 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $122,219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $954,217 |
| Insurance | $111,431 |
| All other expenses | $0 |
| Total functional expenses | $15,595,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,886 |
| Savings and temporary cash investments | $8,822,376 |
| Pledges and grants receivable | $67,756 |
| Accounts receivable, net | $45,413 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $152,264 |
| Net Land, buildings, and equipment | $17,642,660 |
| Investments—publicly traded securities | $11,851,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $122,189 |
| Total assets | $38,781,499 |
| Accounts payable and accrued expenses | $629,423 |
| Grants payable | $0 |
| Deferred revenue | $6,530,462 |
| 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 | $3,714,108 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $276,159 |
| Total liabilities | $11,150,152 |
| Net assets without donor restrictions | $18,384,117 |
| Net assets with donor restrictions | $9,247,230 |
| 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 | $38,781,499 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Greenhills School has recieved totaling $217,937.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $115,000 |
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: EDUCATION/INSTRUCTION | $46,509 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $24,750 |
Hamp Family Fund Detroit, MI PURPOSE: ANNUAL FUND | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,624 |
Hamp Family Fund Detroit, MI PURPOSE: ANNUAL FUND | $5,000 |
Endowment Analysis
| Beg. Balance | $8,280,097 |
| Earnings | $2,452,282 |
| Net Contributions | $15,485 |
| Other Expense | $487,896 |
| Grants | $67,228 |
| Ending Balance | $10,192,740 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Reserve Academy Hudson, OH | $203,998,204 | $58,141,913 |
The Seven Hills Schools Cincinnati, OH | $111,206,150 | $34,365,521 |
Hope Christian Schools Inc Waukesha, WI | $8,169,327 | $30,403,375 |
Kipp Columbus Columbus, OH | $13,048,078 | $26,481,739 |
Wellington School Columbus, OH | $38,979,520 | $21,884,199 |
Antioch College Corporation Yellow Springs, OH | $62,390,988 | $12,472,069 |
Greenhills School Ann Arbor, MI | $38,781,499 | $17,943,367 |
Dohn Community High School Cincinnati, OH | $3,470,956 | $16,370,625 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
Cuyahoga Valley Christian Academy Cuyahoga Falls, OH | $22,009,753 | $14,418,646 |