Hackley School
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Educates boys and girls in a college preparatory curriculum from kindergarten through twelfth grade. For fiscal year 2025 it reported $71.2M in revenue, $62.0M in expenses, and $278.6M in net assets.Pt I
Summary of the Filing
Where the work happens
Instruction and Related Costs
Include all costs associated with instruction of 859 students. The school offers financial aid grants to qualified students based on demonstrated need.
Auxiliary activities includes services indirectly related to instruction such as student activities expenses, music institute, drivers education, etc., as well as summer programs.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Charles Franklin’s $573K as Head of School is at the 81st percentile of top reported officer pay among 2900 $10–100M health care 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Charles Franklin | $573,265 | $280,175 | — | — | — | — |
| Peter McAndrew | — | — | $259,755 | $573,019 | $355,477 | $344,695 |
| Michael Wirtz | $457,752 | $432,602 | $439,907 | $417,306 | $393,822 | $368,925 |
| Erin Bernstein | $297,428 | $282,213 | $147,492 | — | — | — |
| John P Gannon | $246,313 | $225,403 | $216,549 | $213,535 | $206,398 | $200,981 |
| Teresa Weber | — | $199,218 | $229,149 | $222,009 | $213,813 | $208,033 |
| Philip J Variano | — | — | — | $169,414 | $214,278 | $216,128 |
| Andrew M King | $205,331 | $193,878 | $192,075 | $188,025 | $183,653 | $176,441 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 14% | — | — |
| Revenue growth | 14% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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