Shady Hill School
Nonprofit profile at a glance
- EIN
- 042103628
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Cambridge, MA, USA
- Phone
- 6175205260
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $35,865,573
- Expenses
- $32,167,210
- Assets
- $137,661,674
- Liabilities
- $25,643,090
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Highest reported compensation
- MARK STANEK (TRUSTEE; HEAD OF SCHOOL): $645,615 total reported compensation
- MAUREEN NUNEZ (CFO / COO): $373,575 total reported compensation
- DARYL WRIGHT (ASST HEAD OF SCHOOL): $318,633 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See mission statement on schedule o.
What it reported doing in 2024
After school & summer camp programs - the goal of the after school program is to provide a relaxed, safe, nurturing, and dynamic neighborhood setting for children once their day ends. We aim to provide a stimulating and fun environment in which children can explore their own unique imaginations, develop friendships and test their abilities. The program is planned with the flexibility to make room for children to initiate and invent their own games and projects. Additionally, we offer a quiet and supportive space for students to work on their homework.our summer camp philosophy is in keeping with the school's mission to create a community of acceptance. We give individual attention and encourage campers to develop a passion for life through playtime, exploration and the business of making friends. We understand the wonderful opportunity that the summer provides for learning and fun.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 91
- Accountability: 87
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.2%; rating input score 75
- Program expense ratio: 78.5%; rating input score 78
- Fundraising efficiency: $3.16 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.3%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 4.28; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 75.2% of revenue deployed · 78.5% of spending went to programs
- Governance: 18 of 21 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $25.2M in reported program spending
- Leadership: top reported pay $646K · 28 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $356K reported
- Consistency: 38 of 38 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- 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 — Financial Efficiency: Fundraising efficiency scored 12/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.