Chestnut Hill Academy

Nonprofit profile at a glance

EIN
231352625
IRS 990 coverage
2009–2012
Forms available
Form 990 2012
Location
Philadelphia, PA, USA
Phone
2152474700
Rating confidence
Limited
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$13,984,018
Expenses
$17,590,800
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

31 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At springside chestnut hill academy we educate students to be innovative leaders, breakthrough thinkers, and imaginative problem solvers. We challenge students to learn in powerful new ways, engage in active inquiry, hone skills of creative and analytic thinking, and celebrate the joy of discovery. Through a rigorous college-preparatory program grounded in project-and passion-based learning, we prepare our students for their future as active learners and responsible global citizens. Blending the best of single-sex education and coeducation, we empower and prepare our young men and women to meet challenges with courage, integrity, and respect.

What it reported doing in 2012

Springside chestnut hill academy (sch) is the only independent school in the philadelphia area to offer a curriculum based on the study of entrepreneurship. The school was designated by the us department of education as a 2012 green ribbon school in recognition of its environmental sustainability efforts. The upper school robotics team was awarded the first chairman's regional award, the first program's most prestigious award, in recognition of its representing a model for other teams to emulate, and embodying the goals and purpose of first. Springside chestnut hill academy has an outdoor and trip program that provides students from 2nd-9th grade with opportunities to build self-confidence, teamwork, and a respect for nature through a variety of outdoor experiences. The school has created two new departments, in new media and engineering and robotics, which are responsible for incorporating teaching in these areas throughout the springside chestnut hill curriculum.springside chestnut hill academy created the center for entrepreneurial leadershsip that complements their rigorous core academic program and gives their students the skills and mindset that distinguish them as future ready.the 62 acre campus is now joined by tree-lined walkways and top-notch athletic fields.springside chestnut hill academy believes in harnassing the power of technology in the service of learning. The digital campus initiative, now in its first year, is leveraging digital space and emerging technologies to create innovative opportunities for students and faculty. Online sch-designed courses involving students across the globe, interactive digital textbooks, e-portfolios to preserve and share a students best work---these are just a few of the ways that springside chestnut hill academy works to provide a customized, flexible, innovative and global learning experience for students.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 87
  • Accountability: 96
  • Sustainability: 6
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 69th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.6%; rating input score 93; 29th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -25.8%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.3%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.2% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -40.5% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 25 of 27 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.6M in reported program spending
  • Leadership: top reported pay $586K · 31 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2009 to 2012
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.