501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.8M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990-TIndependent: 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-T
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
$1.8M
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
4 mo
of spending, in cash
Looks good: 4.3 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
$25.4M
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 21 voting members
Looks good: 18 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$33.7M
+8% vs prior year
Spent
$27.9M
To programs
79%
Net assets
$93.5M
By yearFY2020–FY2025
Revenue
$33.7M
FY2023▲ +8%
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
$27.9M
FY2023>-0.01%
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
$93.5M
FY2023▲ +13%
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 FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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% · $22.2M Management & general 17% · $4.8M Fundraising 3% · $898K

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

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Who runs it and what they're paid

27 people listed on the 990-T; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Trustee; Head of School
$519,229Pt VII · Sec A
CFO & COO
$311,612Pt VII · Sec A
Assistant Head of School
$182,948Pt VII · Sec A
Middle School Division Head
$153,142Pt VII · Sec A
Lower School School Division Head
$153,039Pt VII · Sec A
Director of Dev & Alumni Relations
$145,756Pt VII · Sec A
Controller
$145,678Pt VII · Sec A
Trustee, Gradehead
$77,007Pt 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.

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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.

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Provided by the organization

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3 programs · $22.2M · in their own filed words · FY2022
01

Instructional

Shady hill school fosters joyful, active learning informed by multiple perspectives--empowering students to be intellectually adventurous and wholeheartedly just.

$20.8Mprogram 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.

$1.0Mprogram 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.

$325Kprogram 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 FY2023 990-T, line by line.

1The main four
Money in
$33.7M
Fees for services$24.0M
Gifts and grants$7.5M
Investment income$2.1M
Money out
$27.9M
Programs$22.2M
Management$4.8M
Fundraising$898K
Owns and owes
$93.5M
net assets
Cash and savings$9.9M
Total assets$119.0M
Liabilities$25.4M
People
27
listed
Paid9
Voting board21
Independent18
2In more detail
Revenue in detail
Gifts and grants$7.5M
Fees for services$24.0M
Investment income$2.1M
Other income$113K
Total revenue$33.7M
Assets in detailEnd of year
Cash and savings together$9.9M
Total assets$119.0M
Liabilities$25.4M
Net assets$93.5M
Operations
Employees262
Volunteers60
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

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 Viewing $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 $25.2M$25.0M$178K$82.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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