Hackley School EIN 13-1740452

Hackley School FY2022 filing

EIN  13-1740452 Public charity (501(c)(3)) Tarrytown, NY Founded 1900
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 7/7/26 · see original filing: IRS
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Size
$10–100M
What they do
Educates boys and girls in a college preparatory curriculum from kindergarten through twelfth grade.
Leadership
Peter McAndrew · Director of Finance (thru 6/30/22) · $573K
Money in and out
$63.8M revenue, $53.0M expenses

Educates boys and girls in a college preparatory curriculum from kindergarten through twelfth grade. For fiscal year 2022 it reported $63.8M in revenue, $53.0M in expenses, and $240.4M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$63.8M
Pt VIII · Ln 12
Total expenses
$53.0M
Pt IX · Ln 25
Net assets
$240.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10.8M
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$63.8M
FY2022▼ -9%
Expenses
$53.0M
FY2022▲ +1%
Total assets
$269.3M
FY2022▼ -2%
Total liabilities
$28.9M
FY2022▼ -4%
Total revenue
$63.8M
Pt VIII · Ln 12
Total expenses
$53.0M
Pt IX · Ln 25
Net assets
$240.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10.8M
Total assetsPt X · Ln 16$269.3M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424
Mission & Programs · Part III

Where the work happens

2 program services account for $45.9M of program spending, described in the organization's own filed words · FY2021.
01

Instruction and Related Costs

Includes all costs associated with instruction of 855 students. The school offers financial aid grants to qualified students based on demonstrated need.

$45.7Mprogram expense
02

Auxiliary activities includes services indirectly related to instruction such as student activities expenses, music institute, drivers education, etc., as well as summer programs and facilities rental activities.

$259Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHackley School
EINHdr · item D13-1740452
Principal addressHdr · item CTarrytown, NY
WebsiteHdr · item Jwww.hackleyschool.org
Year of formationHdr · item L1900
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E200)
Ruling yearIRS BMFDec 1941

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director of Finance (thru 6/30/22)
$573,019Pt VII · Sec A
Head of School
$417,306Pt VII · Sec A
Director of Advancement
$222,009Pt VII · Sec A
Director of Development
$213,535Pt VII · Sec A
Director of Upper School
$188,025Pt VII · Sec A
Assistant Head of School
$173,858Pt VII · Sec A
Director of Lower School
$170,882Pt VII · Sec A
Associate Head of School
$169,414Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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

Part VIII
Program service revenue$42.4M · 66%
Contributions & grants$17.6M · 28%
Investment income$3.3M · 5%
Other revenue$577K · 1%
Program service revenue66%$42.4M
Contributions & grants28%$17.6M
Investment income5%$3.3M
Other revenue1%$577K
— government grantsLn 1e$523K
Total revenueLn 12$63.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03
Program services87%$45.9M
Management & general10%$5.3M
Fundraising3%$1.9M
Total functional expensesLn 25$53.0M

Balance Sheet

Part X · end of year
CashLn 1$8.7M
Total assetsLn 16$269.3M
Total liabilitiesLn 26$28.9M
Total net assetsLn 32$240.4M
Months of cash on handcomputed2.0

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$5K
Grants paid · 4 grants · $31.9M · 2020–2023
Unitemized GrantFY2023$8,467,927
Unitemized GrantFY2022$7,961,579
Unitemized GrantFY2021$7,890,641
Unitemized GrantFY2020$7,614,044

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$71.2M revenue · ⤓ 990 PDF
FY2024$62.5M revenue · ⤓ 990 PDF
FY2023$58.2M revenue · ⤓ 990 PDF
FY2022$63.8M revenue · viewing · ⤓ 990 PDF
FY2021$70.1M revenue · ⤓ 990 PDF
FY2020$66.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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