The Pike School Inc

Nonprofit profile at a glance

EIN
042104832
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Andover, MA, USA
Phone
9784751197
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$20,664,144
Expenses
$19,035,497
Assets
$31,433,937
Liabilities
$4,957,512

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

Leadership & pay

27 people listed

Highest reported compensation

  • ASHLEY MARSHALL WARNOCK (FORMER HEAD OF SCHOOL): $587,515 total reported compensation
  • WILLIAM POWERS (INTERIM HEAD OF SCHOOL): $313,680 total reported compensation
  • MARYBETH HEYD (HEAD OF LOWER SCHOOL): $207,538 total reported compensation

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

Overview

Mission

A pike education liberates human potential and possibility to transform ourselves and our world and is rooted in our motto, non sibi solum.we value:-authenticity: we embrace the identities of every person.-intellectual ambition: we foster curiosity, inquiry, engagement, and initiative in learning.-social good: we care for ourselves, for one another, and for our community.the pike school strives to be an exemplar for transformational education and a center for purposeful learning, leadership, and impact.

What it reported doing in 2024

Educational institution which provides intellectual and personal growth emphasizing fundamental skills within a broad range of disciplines. Each student progressed to the next grade with 67 students moving up to high school and secondary schools. 412 students are enrolled in the school year 2024-2025. School years runs 180 days.lower school: viewed as years of explorations and beginnings, the lower school is a structured yet relaxed environment where children are afforded the opportunity to develop socially, emotionally, physically, and intellectually. Through small groups and individual attention, learning is both interactive and stimulating. For much of the day, the children are immersed in theme based learning where topics are covered across subject areas. Because much of the curriculum is interdisciplinary, the classroom teachers carefully plan their activities with the specialists to ensure continuity. Field trips, performances and workshops by artists in residence, dance and theatre groups and musicians add further enrichment to the lower school program. Lower school is grades pre-k through 4.upper school: the upper school offers a rich and comprehensive program that provides students with the necessary knowledge and skills to thrive in leading secondary schools and beyond. Teachers emphasize character growth and creativity through small group activities. Throughout the students' experience, they are provided with valuable challenges in decision making and collaboration. The chief academic, social, and personal development of the students is guided by a faculty advisor who works closely with students and their families. Upper school is grades 5-9.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 88% 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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 91
  • Accountability: 95
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 77.4%; rating input score 77
  • Fundraising efficiency: $0.77 raised per $1 spent on fundraising; rating input score 2; 2nd 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: Pass
    • Other Form 990s reviewed: Pass
    • 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; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.9%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 9.4%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 77.4% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $14.7M in reported program spending
  • Leadership: top reported pay $588K · 27 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.4M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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 2/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.