Oldfields school's mission is to embrace each student's authentic self, educate through collaboration, empower the individual voice, and inspire confidence and continual growth, leading to a life of purpose.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$346K 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

FY2021 · 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
1 of 6
filings with a surplus
Average deficit $1.4M a year · 20% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$346K
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 $6.0M in investments, Pt X · Ln 11–13
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $102K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.8M
-40% vs prior year
Spent
$9.3M
To programs
78%
Net assets
$23.4M
By yearFY2020–FY2025
Revenue
$7.8M
FY2021▼ -40%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.2M
FY2021$7.8M
FY2022$7.8M
FY2023$6.8M
FY2024$3.2M
FY2025$3.2M
Expenses
$9.3M
FY2021▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.9M
FY2021$9.3M
FY2022$10.1M
FY2023$10.4M
FY2024$5.1M
FY2025$5.7M
Net assets
$23.4M
FY2021▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$25.0M
FY2021$23.4M
FY2022$19.8M
FY2023$16.1M
FY2024$14.5M
FY2025$12.2M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Nov 1938.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $7.2M Management & general 20% · $1.9M Fundraising 2% · $184K

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

24 people listed on the 990; $346K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of School
$191,660Pt VII · Sec A
Director of Finance
$154,716Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ansley Smithwick’s $160K as Head of School is at the 69th percentile of top reported officer pay among 3395 $1–10M 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Perfield——$145,830$226,660$191,660$206,660
Ansley Smithwick$159,700$72,346———$110,152
Bryan Engle——$102,422$143,868$154,716$156,642
Jeremy Myers$46,725$94,096————
Nancy Palmer——$50,502———
Elizabeth Hanson$39,746—————
Kevin Ryan$24,660—————

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

Educates students to embrace their authentic selves, fostering collaboration and individual voice for confident, purposeful lives.

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Provided by the organization

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1 program · $7.2M · in their own filed words · FY2020
01

Founded in 1867, oldfields school combines tradition and innovation while remaining true to its fundamental motto, "courage, humility, and largeness of heart." the student body is made up of a diverse group of young women from across the united states and around the globe.

$7.2Mprogram 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$102K
See all 3 funders →
Grants paid · 6 grants · $8.0M · 2019–2024
Unitemized GrantFY2024$507,805
Unitemized GrantFY2023$189,717
Unitemized GrantFY2022$1,874,402
Unitemized GrantFY2021$1,998,290
Unitemized GrantFY2020$1,841,700
Unitemized GrantFY2019$1,572,399

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.8M
Ln 12
Fees for servicesLn 2g$4.8M
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$1.4M
Money outPt IX
$9.3M
Ln 25
Programscol B$7.2M
Managementcol C$1.9M
Fundraisingcol D$184K
Owns and owesPt X
$23.4M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$26.5M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$854K
Noncash giftsLn 1g$156K
Fees for servicesLn 2g$4.8M
Investment incomeLn 3$1.4M
Other incomeLn 4–11$6K
Gains on assetsLn 7$1.4M
Total revenueLn 12$7.8M
Assets in detailPt X, end of year
CashLn 1$941K
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$6.0M
Land, buildings, equipmentLn 10c$12.3M
Other assetsLn 15$389K
Total assetsLn 16$26.5M
LiabilitiesLn 26$3.0M
Net assetsLn 32$23.4M
OperationsPt I, VI
EmployeesI 551
VolunteersI 616
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 FY21End FY21
Cash and savingsLn 1–2$3.1M$3.5M
InvestmentsLn 11–13$7.2M$6.0M
Land, buildings, equipmentLn 10c$12.8M$12.3M
Total assetsLn 16$28.1M$26.5M
LiabilitiesLn 26$3.1M$3.0M
Net assetsLn 32$25.0M$23.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.8M$1.8M
Pay of current officers, directors and key staffLn 5$429K$274K$137K$18K
Other salaries and wagesLn 7$2.8M$1.8M$893K$118K
Pension plan contributionsLn 8$93K$61K$29K$4K
Other employee benefitsLn 9$338K$219K$106K$13K
Payroll taxesLn 10$239K$155K$75K$9K
Legal feesLn 11b$41K$41K
Accounting feesLn 11c$34K$34K
Investment management feesLn 11f$34K$34K
Other fees for servicesLn 11g$1.4M$1.3M$90K$277
Advertising and promotionLn 12$50K$9K$41K
Office expensesLn 13$382K$163K$209K$10K
Information technologyLn 14$115K$73K$37K$5K
OccupancyLn 16$387K$350K$37K
TravelLn 17$8K$8K$68$68
InterestLn 20$67K$67K
Depreciation, depletion and amortizationLn 22$650K$588K$62K
InsuranceLn 23$169K$111K$56K$3K
Other expenses (24a–d)Ln 24$223K$207K$14K$2K
All other expensesLn 24e$54K$38K$13K$2K
Total functional expensesLn 25$9.3M$7.2M$1.9M$184K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.2M$5.7M−$2.5M$12.2M 990 PDF
FY2024 $3.2M$5.1M−$1.9M$14.5M 990 PDF
FY2023 $6.8M$10.4M−$3.6M$16.1M 990 PDF
FY2022 $7.8M$10.1M−$2.3M$19.8M 990 PDF
FY2021 Viewing $7.8M$9.3M−$1.5M$23.4M 990 PDF
FY2020 $13.2M$9.9M$3.3M$25.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $7,846,599 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,328,376$1,613,685
I-9 Program service revenuePrior year $5,226,211$4,791,306
I-10 Investment incomePrior year $609,201$1,435,609
I-11 Other revenuePrior year $11,847$5,999
I-12 Total revenuePrior year $13,175,635$7,846,599
I-13 Grants and similar amounts paidPrior year $1,572,399$1,841,700
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,571,194$3,877,594
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,709,260$3,587,735
I-18 Total expensesPrior year $9,852,853$9,307,029
I-19 Revenue less expensesPrior year $3,322,782−$1,460,430
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
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 $7,846,599 across 9 lines filed
Lines not itemized here account for −$1,041 of total revenue; see the IRS return.
VIII-1e Government grants$854,313
VIII-1f All other contributions, gifts and grants$759,372
VIII-1g Noncash contributions (included above)$156,101
VIII-1h Total contributions, gifts and grants$1,613,685
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,791,306$4,791,306
VIII-3 Investment incomeExcluded from tax $38,747$38,747
VIII-5 RoyaltiesExcluded from tax $7,040$7,040
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,396,862$1,396,862
VIII-12 Total revenueRelated to mission $4,791,306 · Unrelated business $0 · Excluded from tax $1,441,608$7,846,599
Part IX · Statement of functional expenses $9,307,029 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $1,841,700$1,841,700
IX-5 Pay of current officers, directors and key staffPrograms $273,711 · Management $137,445 · Fundraising $18,013$429,169
IX-7 Other salaries and wagesPrograms $1,766,998 · Management $892,600 · Fundraising $117,708$2,777,306
IX-8 Pension plan contributionsPrograms $60,581 · Management $29,238 · Fundraising $3,669$93,488
IX-9 Other employee benefitsPrograms $219,159 · Management $105,772 · Fundraising $13,272$338,203
IX-10 Payroll taxesPrograms $155,151 · Management $74,880 · Fundraising $9,397$239,428
IX-11b Legal feesManagement $41,169$41,169
IX-11c Accounting feesManagement $33,767$33,767
IX-11f Investment management feesManagement $34,300$34,300
IX-11g Other fees for servicesPrograms $1,282,904 · Management $89,591 · Fundraising $277$1,372,772
IX-12 Advertising and promotionPrograms $8,684 · Management $41,341$50,025
IX-13 Office expensesPrograms $163,177 · Management $208,856 · Fundraising $9,855$381,888
IX-14 Information technologyPrograms $73,284 · Management $37,020 · Fundraising $4,882$115,186
IX-16 OccupancyPrograms $350,423 · Management $36,785$387,208
IX-17 TravelPrograms $7,640 · Management $68 · Fundraising $68$7,776
IX-20 InterestPrograms $67,321$67,321
IX-22 Depreciation, depletion and amortizationPrograms $588,421 · Management $61,768$650,189
IX-23 InsurancePrograms $111,189 · Management $55,510 · Fundraising $2,539$169,238
IX-24 Other expenses (24a–d)Programs $206,997 · Management $14,003 · Fundraising $2,240$223,240
IX-24e All other expensesPrograms $37,953 · Management $13,414 · Fundraising $2,289$53,656
IX-25 Total functional expensesPrograms $7,215,293 · Management $1,907,527 · Fundraising $184,209$9,307,029
Part X · Balance sheet $26,456,281 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $1,436,232$941,428
X-2 Savings and temporary cash investmentsStart of year $1,626,231$2,553,042
X-3 Pledges and grants receivableStart of year $4,627,343$4,221,485
X-4 Accounts receivableStart of year $2,141$2,543
X-8 Inventories for sale or useStart of year $36,633$30,218
X-9 Prepaid expenses and deferred chargesStart of year $67,360$98,867
X-10c Land, buildings and equipment, netStart of year $12,769,084$12,251,435
X-11 Publicly traded securitiesStart of year $1,094,338$1,371,313
X-12 Other securitiesStart of year $6,124,388$4,597,267
X-15 Other assetsStart of year $310,004$388,683
X-16 Total assetsStart of year $28,093,754$26,456,281
X-17 Accounts payable and accrued expensesStart of year $543,923$386,101
X-19 Deferred revenueStart of year $434,810$513,323
X-20 Tax-exempt bond liabilitiesStart of year $1,075,000$1,075,000
X-26 Total liabilitiesStart of year $3,127,639$3,010,794
X-27 Net assets without donor restrictionsStart of year $11,854,839$9,972,203
X-28 Net assets with donor restrictionsStart of year $13,111,276$13,473,284
X-32 Total net assets or fund balancesStart of year $24,966,115$23,445,487
X-33 Total liabilities and net assetsStart of year $28,093,754$26,456,281
Part XI · Reconciliation of net assets $23,445,487 net assets at year end
XI-1 Total revenue$7,846,599
XI-2 Total expenses$9,307,029
XI-3 Revenue less expenses−$1,460,430
XI-4 Net assets at start of year$24,966,115
XI-5 Net unrealized gains (losses) on investments−$102,276
XI-9 Other changes in net assets$42,078
XI-10 Net assets at end of year$23,445,487

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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