Shady Side Academy offers an exceptional pre-k through twelfth grade academic and balanced educational experience by challenging each student to realize his or her potential in a stimulating and nurturing environment.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$1.6M 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

FY2022 · 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 $4.3M a year · 9% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $74.5M in investments, Pt X · Ln 11–13
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17.3M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 32 voting members
Looks good: 32 of 32 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$47.8M
+9% vs prior year
Spent
$42.8M
To programs
71%
Net assets
$108.7M
By yearFY2020–FY2025
Revenue
$47.8M
FY2022▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$37.0M
FY2021$44.0M
FY2022$47.8M
FY2023$61.3M
FY2024$52.0M
FY2025$56.8M
Expenses
$42.8M
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$39.8M
FY2021$40.6M
FY2022$42.8M
FY2023$46.2M
FY2024$50.6M
FY2025$52.9M
Net assets
$108.7M
FY2022▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$91.6M
FY2021$113.0M
FY2022$108.7M
FY2023$128.4M
FY2024$136.3M
FY2025$147.0M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Aug 1925.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $30.5M Management & general 26% · $11.1M Fundraising 3% · $1.3M

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

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

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$363,816Pt VII · Sec A
CFO & COO (exited 10/2021)
$175,967Pt VII · Sec A
Head of Middle School
$169,282Pt VII · Sec A
Ss Head of School
$163,643Pt VII · Sec A
Js Head of School
$149,540Pt VII · Sec A
Head of Country Day School
$141,215Pt VII · Sec A
Director of Development
$133,797Pt VII · Sec A
Director of Ed. Technology
$126,996Pt VII · Sec A

Bartley P Griffith JR’s $672K as President is at the 95th 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
Bartley P Griffith JR$672,115$521,109$357,283$363,816$330,250$152,750
Amy Nixon——$176,764$169,282$172,750$202,750
James Rohr JR——$198,028———
Amy Szlachetka$193,000$148,588$95,439———
Rosalynd Sabundayo$179,921$174,463$170,995———
Gilbert Schneider—————$177,419
Katharine Fredriksen———$175,967$107,000—
Jennifer Asmonga$172,484$163,580$160,201$141,215$112,500—

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 Side Academy executive salaries →

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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

Educates students from pre-kindergarten through twelfth grade.

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Provided by the organization

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3 programs · $30.5M · in their own filed words · FY2021
01

Instructional

-the academy enrolls approximately 1,104 students (pre k - 12). The academy is college preparatory with most seniors continuing on to higher education. The academy operates four separate campuses for country day, junior, middle and senior SCHOOLS.-ATHLETICS: all shady side academy students are offered a wide range of physical activities…

$27.7Mprogram expense
02

Auxiliary Services

-residential life program: the academy operates a five and seven day boarding program for approximately 66 student boarders. The students are housed in academy dormitories with administrators and teachers who oversee and operate the residential life PROGRAM.-FOOD service: serves day students lunch and serves those involved in residential…

$2.1Mprogram expense
03

Summer Programs

-shady side academy's summer programs provide an endless array of possibilities for all kids.

$746Kprogram 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 1 funder$1K
Grants paid · 22 grants · $32.6M · 2019–2024
Unitemized GrantFY2024$5,142,700
Unitemized GrantFY2024$363,480
Unitemized GrantFY2024$25,498
Unitemized GrantFY2024$2,609
Unitemized GrantFY2023$5,320,836
Unitemized GrantFY2023$360,673
Unitemized GrantFY2023$32,926
Unitemized GrantFY2023$10,437
Unitemized GrantFY2023$6,071
Unitemized GrantFY2022$5,107,323
Unitemized GrantFY2022$394,449
Unitemized GrantFY2022$23,475
Unitemized GrantFY2022$19,308
Unitemized GrantFY2022$6,907
Unitemized GrantFY2021$5,087,904
Unitemized GrantFY2021$303,218
Unitemized GrantFY2020$5,582,082
Unitemized GrantFY2020$231,749
See all 22 grants →

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$47.8M
Fees for services$35.8M
Gifts and grants$9.8M
Investment income$2.3M
Money out
$42.8M
Programs$30.5M
Management$11.1M
Fundraising$1.3M
Owns and owes
$108.7M
net assets
Cash and savings$13.7M
Total assets$126.1M
Liabilities$17.3M
People
43
listed
Paid10
Voting board32
Independent32
2In more detail
Revenue in detail
Gifts and grants$9.8M
Government grants$188K
Fees for services$35.8M
Investment income$2.3M
Total revenue$47.8M
Assets in detailEnd of year
Cash and savings together$13.7M
Total assets$126.1M
Liabilities$17.3M
Net assets$108.7M
Operations
Employees594
Volunteers44
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $56.8M$52.9M$3.9M$147.0M 990 PDF
FY2024 $52.0M$50.6M$1.4M$136.3M 990 PDF
FY2023 $61.3M$46.2M$15.0M$128.4M 990 PDF
FY2022 Viewing $47.8M$42.8M$4.9M$108.7M 990 PDF
FY2021 $44.0M$40.6M$3.4M$113.0M 990 PDF
FY2020 $37.0M$39.8M−$2.8M$91.6M 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) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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