The Beaver Country Day School Inc

Nonprofit profile at a glance

EIN
042103869
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Chestnut Hill, MA, USA
Phone
6177382700
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Secondary, High School

Official website

Reported finances

Revenue
$47,549,678
Expenses
$43,595,789
Assets
$89,828,953
Liabilities
$40,262,515

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

  • HEETEN KALAN (PRESIDENT)

Highest reported compensation

  • KIM SAMSON (HEAD OF SCHOOL): $568,687 total reported compensation
  • JOANNE MCDANIEL (CHIEF FINANCIAL & OPERATING OFFICER): $390,462 total reported compensation
  • ERICA DEROSA (DIRECTOR OF P&E): $328,746 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Beaver country day school (bcds) is an independent coeducational day school serving almost 500 students in grades 6-12. The school's curriculum stresses real-world problem solving, collaboration, flexibility, and creativity. Athletics and the arts, both visual and performing, are also key parts of the school's program.

What it reported doing in 2024

Instruction program - provides an academically challenging curriculum to almost 500 students in grades 6-12. Students come from numerous communities in eastern mass., and from a wide range of social and economic backgrounds.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • 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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 91
  • Accountability: 97
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.3%; rating input score 80
  • Program expense ratio: 78.1%; rating input score 78
  • Fundraising efficiency: $3.26 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: 95%; rating input score 95; 28th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 8.3%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 2.06; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 80.3% of revenue deployed · 78.1% of spending went to programs
  • Governance: 19 of 20 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $34.1M in reported program spending
  • Leadership: top reported pay $569K · 32 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 37 of 37 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: 13 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.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.