Shady Hill School FY2020 filing

Tax-deductible

Cambridge, MA501(c)(3)Since 1915EducationEIN 04-2103628Revenue $25.2M in FY2020

On file with the IRSshs.org178 Coolidge Hl, 02138-5520 · Cambridge, MATax-exempt since Apr 1937School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $3.1M a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $4K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$30.5M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 20 voting members
Looks good: 17 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.2M
Spent
$25.0M
To programs
79%
Net assets
$82.3M
By yearFY2020–FY2025
Revenue
$25.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$25.2M
FY2021$27.5M
FY2022$31.3M
FY2023$33.7M
FY2024$36.3M
FY2025$35.9M
Expenses
$25.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$25.0M
FY2021$27.5M
FY2022$27.9M
FY2023$27.9M
FY2024$30.9M
FY2025$32.2M
Net assets
$82.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$82.3M
FY2021$95.6M
FY2022$82.5M
FY2023$93.5M
FY2024$102.3M
FY2025$112.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1937.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $19.7M Management & general 18% · $4.4M Fundraising 4% · $883K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

26 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Trustee; Head of School
$466,129Pt VII · Sec A
CFO & COO
$226,582Pt VII · Sec A
Director of External Relations
$165,394Pt VII · Sec A
Lower School Div Head
$136,634Pt VII · Sec A
Middle School Division Hea
$132,493Pt VII · Sec A
Controller
$126,908Pt VII · Sec A
Director of Teacher Traini
$121,519Pt VII · Sec A
Trustee; Grade III Gradehead
$95,368Pt VII · Sec A

Mark Stanek’s $556K as Trustee; Head of School is at the 92nd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mark Stanek$555,736$542,730$519,229$500,142$518,706$466,129
Maureen Nunez$341,697$327,257$311,612$272,815$261,835$226,582
Daryl Wright$273,127$187,208$182,948———
Pamela Dickenson————$185,369$165,394
Dominic Marchio$160,252$147,569—$128,211——
Betsy Ginsberg$159,611$148,662$145,756$143,333——
Vincent Quirk$159,243$150,633$145,678$142,680$141,736$126,908
Krista Demas——$153,142$148,876$149,526$132,493

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shady Hill School executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains aspiring pre-K through eighth grade teachers through a year-long, site-based apprenticeship program focused on practical classroom experience.

Questions for Shady Hill School

Tap to ask. Shady Hill School sees how many people are interested.

Your first name shows with your question. Shady Hill School answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $19.7M · in their own filed words · FY2019
01

Instructional

Shady hill school wants children to be joyful, active learners who develop the intellectual discipline necessary to become contributing, ethical citizens. To accomplish these ends, we believe in the primacy of exploration and discovery, we advance the mastery of skills, and we help students shape meaning from knowledge.

$18.3Mprogram expense
02

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.

$921Kprogram expense
03

Teacher training center (TTC)- the center provides aspiring teachers with well-guided experiences in pre-k through eighth grade classrooms where practice merged with theory is paramount. Immersion in the classroom while studying and working alongside a talented mentor is the best way to learn how to teach.

$478Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$4K
See all 3 funders →
Grants paid · 2 grants · $4.2M · 2024–2024
Unitemized GrantFY2024$3,578,789
Unitemized GrantFY2024$646,213

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$25.2M
Ln 12
Fees for servicesLn 2g$21.3M
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$695K
Money outPt IX
$25.0M
Ln 25
Programscol B$19.7M
Managementcol C$4.4M
Fundraisingcol D$883K
Owns and owesPt X
$82.3M
net assets · Ln 32
Cash and savingsLn 1–2$12.2M
Total assetsLn 16$112.8M
LiabilitiesLn 26$30.5M
PeoplePt VI, VII
26
listed · VII A
PaidVII A10
Voting boardVI 1a20
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Noncash giftsLn 1g$73K
Fees for servicesLn 2g$21.3M
Investment incomeLn 3$695K
Other incomeLn 4–11$219K
Gains on assetsLn 7$100K
Total revenueLn 12$25.2M
Assets in detailPt X, end of year
CashLn 1$400
SavingsLn 2$12.2M
Cash and savings togetherLn 1–2$12.2M
InvestmentsLn 11–13$55.9M
Land, buildings, equipmentLn 10c$43.8M
Other assetsLn 15$0
Total assetsLn 16$112.8M
LiabilitiesLn 26$30.5M
Net assetsLn 32$82.3M
OperationsPt I, VI
EmployeesI 5262
VolunteersI 660
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$10.6M$12.2M
InvestmentsLn 11–13$54.8M$55.9M
Land, buildings, equipmentLn 10c$44.6M$43.8M
Total assetsLn 16$111.1M$112.8M
LiabilitiesLn 26$31.7M$30.5M
Net assetsLn 32$79.5M$82.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3.0M$3.0M
Pay of current officers, directors and key staffLn 5$1.2M$395K$621K$212K
Other salaries and wagesLn 7$9.1M$7.5M$1.2M$282K
Pension plan contributionsLn 8$710K$614K$79K$17K
Other employee benefitsLn 9$1.3M$1.0M$217K$85K
Payroll taxesLn 10$812K$667K$117K$28K
Legal feesLn 11b$51K$51K
Accounting feesLn 11c$73K$73K
Investment management feesLn 11f$364K$364K
Other fees for servicesLn 11g$5K$4K$894
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$2.3M$1.6M$612K$145K
Information technologyLn 14$563K$547K$16K
OccupancyLn 16$2.0M$1.5M$445K$35K
InterestLn 20$679K$679K
Depreciation, depletion and amortizationLn 22$2.1M$1.6M$483K$38K
InsuranceLn 23$165K$124K$38K$3K
Other expenses (24a–d)Ln 24$351K$334K$16K$669
All other expensesLn 24e$185K$92K$73K$20K
Total functional expensesLn 25$25.0M$19.7M$4.4M$883K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $35.9M$32.2M$3.7M$112.0M 990 PDF
FY2024 $36.3M$30.9M$5.4M$102.3M 990 PDF
FY2023 $33.7M$27.9M$5.7M$93.5M 990 PDF
FY2022 $31.3M$27.9M$3.4M$82.5M 990 PDF
FY2021 $27.5M$27.5M−$7K$95.6M 990 PDF
FY2020 Viewing $25.2M$25.0M$178K$82.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $25,213,619 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,936,744$3,009,530
I-9 Program service revenuePrior year $20,208,757$21,290,303
I-10 Investment incomePrior year $1,634,570$695,211
I-11 Other revenuePrior year $216,053$218,575
I-12 Total revenuePrior year $24,996,124$25,213,619
I-13 Grants and similar amounts paidPrior year $2,844,855$3,048,901
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,812,614$13,152,399
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,599,731$8,834,691
I-18 Total expensesPrior year $24,257,200$25,035,991
I-19 Revenue less expensesPrior year $738,924$177,628
Part VI · Governance 17 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,213,619 across 10 lines filed
VIII-1f All other contributions, gifts and grants$3,009,530
VIII-1g Noncash contributions (included above)$73,255
VIII-1h Total contributions, gifts and grants$3,009,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $21,290,303$21,290,303
VIII-3 Investment incomeUnrelated business $134,140 · Excluded from tax $460,942$595,082
VIII-6 Net rental income or lossExcluded from tax $165,929$165,929
VIII-7 Net gain or loss on sales of assetsExcluded from tax $100,129$100,129
VIII-8 Net income from fundraising eventsExcluded from tax $50,379$50,379
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,267$2,267
VIII-12 Total revenueRelated to mission $21,292,570 · Unrelated business $134,140 · Excluded from tax $777,379$25,213,619
Part IX · Statement of functional expenses $25,035,991 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $3,048,901$3,048,901
IX-5 Pay of current officers, directors and key staffPrograms $394,652 · Management $620,892 · Fundraising $212,138$1,227,682
IX-7 Other salaries and wagesPrograms $7,538,612 · Management $1,243,365 · Fundraising $281,966$9,063,943
IX-8 Pension plan contributionsPrograms $614,241 · Management $78,788 · Fundraising $17,372$710,401
IX-9 Other employee benefitsPrograms $1,035,758 · Management $217,141 · Fundraising $85,195$1,338,094
IX-10 Payroll taxesPrograms $667,086 · Management $117,035 · Fundraising $28,158$812,279
IX-11b Legal feesManagement $51,163$51,163
IX-11c Accounting feesManagement $72,928$72,928
IX-11f Investment management feesManagement $364,241$364,241
IX-11g Other fees for servicesManagement $3,972 · Fundraising $894$4,866
IX-12 Advertising and promotionPrograms $2,272$2,272
IX-13 Office expensesPrograms $1,583,800 · Management $612,475 · Fundraising $145,038$2,341,313
IX-14 Information technologyPrograms $546,857 · Fundraising $16,112$562,969
IX-16 OccupancyPrograms $1,474,820 · Management $445,163 · Fundraising $34,865$1,954,848
IX-20 InterestPrograms $678,957$678,957
IX-22 Depreciation, depletion and amortizationPrograms $1,579,292 · Management $483,028 · Fundraising $37,802$2,100,122
IX-23 InsurancePrograms $124,196 · Management $38,057 · Fundraising $2,952$165,205
IX-24 Other expenses (24a–d)Programs $334,463 · Management $16,157 · Fundraising $669$351,289
IX-24e All other expensesPrograms $91,508 · Management $72,726 · Fundraising $20,284$184,518
IX-25 Total functional expensesPrograms $19,715,415 · Management $4,437,131 · Fundraising $883,445$25,035,991
Part X · Balance sheet $112,818,120 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $400$400
X-2 Savings and temporary cash investmentsStart of year $10,607,300$12,212,233
X-3 Pledges and grants receivableStart of year $783,911$647,404
X-4 Accounts receivableStart of year $73,362$27,692
X-9 Prepaid expenses and deferred chargesStart of year $280,331$175,294
X-10c Land, buildings and equipment, netStart of year $44,557,119$43,838,109
X-12 Other securitiesStart of year $54,795,377$55,916,988
X-15 Other assetsStart of year $6,839$0
X-16 Total assetsStart of year $111,104,639$112,818,120
X-17 Accounts payable and accrued expensesStart of year $2,766,595$2,884,035
X-19 Deferred revenueStart of year $6,088,524$5,563,879
X-20 Tax-exempt bond liabilitiesStart of year $22,280,000$21,640,000
X-25 Other liabilitiesStart of year $516,828$443,770
X-26 Total liabilitiesStart of year $31,651,947$30,531,684
X-27 Net assets without donor restrictionsStart of year $64,887,788$67,123,225
X-28 Net assets with donor restrictionsStart of year $14,564,904$15,163,211
X-32 Total net assets or fund balancesStart of year $79,452,692$82,286,436
X-33 Total liabilities and net assetsStart of year $111,104,639$112,818,120
Part XI · Reconciliation of net assets $82,286,436 net assets at year end
XI-1 Total revenue$25,213,619
XI-2 Total expenses$25,035,991
XI-3 Revenue less expenses$177,628
XI-4 Net assets at start of year$79,452,692
XI-5 Net unrealized gains (losses) on investments$2,656,116
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$82,286,436

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.