Chestnut Hill School FY2023 filing

Tax-deductible

Chestnut Hill, MA501(c)(3)Since 1919EducationEIN 04-2178868Revenue $12.6M in FY2023

On file with the IRStchs.org428 Hammond St, 02467-1229 · Chestnut Hill, MATax-exempt since Mar 1959School — 170(b)(1)(A)(ii)

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

Academic excellence in a challenging and supportive environment is the mission of the Chestnut Hill School. The School provides its students with a strong foundation of learning skills in a teaching environment which fosters self esteem and empowers them with enthusiasm for and curiosity about discovering knowledge. Within an active community of students, faculty, and families, the Chestnut Hill School promotes respect between individuals and involvement with the larger community.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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 $769K a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% 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
13
named funders · $425K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$16.2M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.6M
-18% vs prior year
Spent
$12.0M
To programs
72%
Net assets
$17.6M
By yearFY2020–FY2025
Revenue
$12.6M
FY2023▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.8M
FY2021$9.6M
FY2022$15.4M
FY2023$12.6M
FY2024$13.7M
FY2025$13.1M
Expenses
$12.0M
FY2023▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.8M
FY2021$9.8M
FY2022$11.9M
FY2023$12.0M
FY2024$13.2M
FY2025$12.9M
Net assets
$17.6M
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.8M
FY2021$14.1M
FY2022$16.8M
FY2023$17.6M
FY2024$18.3M
FY2025$19.0M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
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 Mar 1959.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $8.6M Management & general 27% · $3.2M Fundraising 2% · $194K

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

28 people listed on the 990; $1.1M 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
Former Head of School- Thru 6/30/2022
$323,456Pt VII · Sec A
Interim Head of School Effective 7/1/22
$260,498Pt VII · Sec A
Director of Finance
$141,523Pt VII · Sec A
Director of Operations
$123,680Pt VII · Sec A
Director of Athletics and Summer Camp
$117,733Pt VII · Sec A
Associate Head of School
$117,260Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Roderick Macneal JR’s $290K as Head of School is at the 62nd 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
Tamara Schurdak——$323,456$305,878—$268,546
Roderick Macneal JR$289,964$144,081————
Schurdak Tamara————$284,117—
Diana Blazar—$203,383$260,498$105,335——
Lisa Halm$149,073$145,422$141,523$134,072—$124,829
Tara Hathaway$131,494$128,041$123,680$120,297—$114,153
Halm Lisa————$126,486—
Virginia Siu$122,679$110,045————

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 Chestnut 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

Educates students with strong learning skills, fostering self-esteem and curiosity in a supportive community.

Questions for Chestnut Hill School

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

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

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $8.6M · in their own filed words · FY2022
01

The chestnut hill school is a coeducational day school for children from beginners through sixth grade that fosters an inclusive community of joyful learners who think critically, embrace diversity, and act with empathy.

$7.4Mprogram expense
02

The chestnut hill school holds a summer camp for children from age 4 through high school each summer that provides members of the school and local community with a high-quality, affordable option for recreation and education during july and august.

$730Kprogram expense
03

The chestnut hill school offers a variety of before and after school programs to all students at the school, including an early arrival program, extended day, after-school enrichmentclasses, private music lessons, and vacation camp.

$439Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 13 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$12.6M
Ln 12
Fees for servicesLn 2g$11.7M
Gifts and grantsLn 1h$516K
Investment incomeLn 3$387K
Money outPt IX
$12.0M
Ln 25
Programscol B$8.6M
Managementcol C$3.2M
Fundraisingcol D$194K
Owns and owesPt X
$17.6M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$33.9M
LiabilitiesLn 26$16.2M
PeoplePt VI, VII
28
listed · VII A
PaidVII A6
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$516K
Noncash giftsLn 1g$1K
Fees for servicesLn 2g$11.7M
Investment incomeLn 3$387K
Gains on assetsLn 7$138K
Total revenueLn 12$12.6M
Assets in detailPt X, end of year
CashLn 1$2.0M
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$5.9M
InvestmentsLn 11–13$11.6M
Land, buildings, equipmentLn 10c$9.5M
Total assetsLn 16$33.9M
LiabilitiesLn 26$16.2M
Net assetsLn 32$17.6M
OperationsPt I, VI
EmployeesI 5109
VolunteersI 612
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 FY23End FY23
Cash and savingsLn 1–2$4.6M$5.9M
InvestmentsLn 11–13$11.3M$11.6M
Land, buildings, equipmentLn 10c$9.6M$9.5M
Total assetsLn 16$33.4M$33.9M
LiabilitiesLn 26$16.6M$16.2M
Net assetsLn 32$16.8M$17.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.9M$1.9M
Pay of current officers, directors and key staffLn 5$495K$93K$341K$62K
Other salaries and wagesLn 7$5.3M$3.8M$1.4M$75K
Pension plan contributionsLn 8$251K$157K$93K$1K
Other employee benefitsLn 9$650K$422K$219K$10K
Payroll taxesLn 10$423K$288K$129K$6K
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$82K$82K
Investment management feesLn 11f$17K$17K
Other fees for servicesLn 11g$176K$15K$154K$8K
Advertising and promotionLn 12$148K$9K$127K$11K
Office expensesLn 13$46K$40K$5K
Information technologyLn 14$261K$113K$134K$14K
OccupancyLn 16$499K$425K$75K
InterestLn 20$221K$188K$33K
Depreciation, depletion and amortizationLn 22$668K$567K$100K
InsuranceLn 23$100K$100K
Other expenses (24a–d)Ln 24$634K$615K$19K
All other expensesLn 24e$187K$53K$132K$2K
Total functional expensesLn 25$12.0M$8.6M$3.2M$194K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $13.1M$12.9M$189K$19.0M 990 PDF
FY2024 $13.7M$13.2M$463K$18.3M 990 PDF
FY2023 Viewing $12.6M$12.0M$611K$17.6M 990 PDF
FY2022 $15.4M$11.9M$3.5M$16.8M 990 PDF
FY2021 $9.6M$9.8M−$204K$14.1M 990 PDF
FY2020 $10.8M$10.8M$27K$11.8M 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 FY2023 990 (6 parts)
Part I · Summary $12,629,462 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,801,101$516,231
I-9 Program service revenuePrior year $11,072,177$11,737,445
I-10 Investment incomePrior year $542,603$386,638
I-11 Other revenuePrior year −$6,079−$10,852
I-12 Total revenuePrior year $15,409,802$12,629,462
I-13 Grants and similar amounts paidPrior year $1,798,504$1,869,973
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,282,249$7,098,622
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,799,915$3,050,157
I-18 Total expensesPrior year $11,880,668$12,018,752
I-19 Revenue less expensesPrior year $3,529,134$610,710
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
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 $12,629,462 across 9 lines filed
VIII-1f All other contributions, gifts and grants$516,231
VIII-1g Noncash contributions (included above)$1,215
VIII-1h Total contributions, gifts and grants$516,231
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,737,445$11,737,445
VIII-3 Investment incomeUnrelated business −$2,918 · Excluded from tax $251,383$248,465
VIII-6 Net rental income or lossExcluded from tax $150$150
VIII-7 Net gain or loss on sales of assetsUnrelated business $26,788 · Excluded from tax $111,385$138,173
VIII-8 Net income from fundraising eventsExcluded from tax −$11,002−$11,002
VIII-12 Total revenueRelated to mission $11,737,445 · Unrelated business $23,870 · Excluded from tax $351,916$12,629,462
Part IX · Statement of functional expenses $12,018,752 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $1,869,973$1,869,973
IX-5 Pay of current officers, directors and key staffPrograms $92,520 · Management $340,672 · Fundraising $61,680$494,872
IX-7 Other salaries and wagesPrograms $3,785,928 · Management $1,418,593 · Fundraising $75,050$5,279,571
IX-8 Pension plan contributionsPrograms $156,830 · Management $92,840 · Fundraising $1,100$250,770
IX-9 Other employee benefitsPrograms $421,594 · Management $218,749 · Fundraising $9,722$650,065
IX-10 Payroll taxesPrograms $288,110 · Management $129,464 · Fundraising $5,770$423,344
IX-11b Legal feesManagement $11,453$11,453
IX-11c Accounting feesManagement $81,720$81,720
IX-11f Investment management feesManagement $17,378$17,378
IX-11g Other fees for servicesPrograms $14,887 · Management $153,729 · Fundraising $7,800$176,416
IX-12 Advertising and promotionPrograms $8,892 · Management $127,425 · Fundraising $11,364$147,681
IX-13 Office expensesManagement $40,135 · Fundraising $5,498$45,633
IX-14 Information technologyPrograms $113,351 · Management $133,537 · Fundraising $14,040$260,928
IX-16 OccupancyPrograms $424,505 · Management $74,913$499,418
IX-20 InterestPrograms $188,091 · Management $33,193$221,284
IX-22 Depreciation, depletion and amortizationPrograms $567,470 · Management $100,142$667,612
IX-23 InsuranceManagement $99,823$99,823
IX-24 Other expenses (24a–d)Programs $614,566 · Management $19,125$633,691
IX-24e All other expensesPrograms $52,981 · Management $131,983 · Fundraising $2,156$187,120
IX-25 Total functional expensesPrograms $8,599,698 · Management $3,224,874 · Fundraising $194,180$12,018,752
Part X · Balance sheet $33,863,773 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,080,361$2,044,889
X-2 Savings and temporary cash investmentsStart of year $3,535,609$3,860,478
X-3 Pledges and grants receivableStart of year $857,377$13,000
X-4 Accounts receivableStart of year $6,725,797$6,431,622
X-9 Prepaid expenses and deferred chargesStart of year $249,062$364,244
X-10c Land, buildings and equipment, netStart of year $9,597,212$9,500,329
X-11 Publicly traded securitiesStart of year $7,643,168$8,807,310
X-12 Other securitiesStart of year $3,696,501$2,841,901
X-16 Total assetsStart of year $33,385,087$33,863,773
X-17 Accounts payable and accrued expensesStart of year $815,040$655,615
X-19 Deferred revenueStart of year $8,846,991$8,781,681
X-20 Tax-exempt bond liabilitiesStart of year $6,965,558$6,812,625
X-26 Total liabilitiesStart of year $16,627,589$16,249,921
X-27 Net assets without donor restrictionsStart of year $15,489,185$16,317,510
X-28 Net assets with donor restrictionsStart of year $1,268,313$1,296,342
X-32 Total net assets or fund balancesStart of year $16,757,498$17,613,852
X-33 Total liabilities and net assetsStart of year $33,385,087$33,863,773
Part XI · Reconciliation of net assets $17,613,852 net assets at year end
XI-1 Total revenue$12,629,462
XI-2 Total expenses$12,018,752
XI-3 Revenue less expenses$610,710
XI-4 Net assets at start of year$16,757,498
XI-5 Net unrealized gains (losses) on investments$245,644
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,613,852

Form 990 e-file (XML) FY2023 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.