BELMONT HILL SCHOOL INC Charity Report

Public IRS 990 nonprofit record

BELMONT HILL SCHOOL INC

EIN 04-2103870 · Education (B250)

What they do

Belmont Hill School Educates Boys In Mind, Body, and Spirit to Develop Men of Good Character. Our Community Encourages and Challenges Students to Discover and Pursue Passions, Seek Excellence and Face Adversity With Resilience. We Cultivate Critical Thinking and Creativity, Teamwork and Competition, Hard Work and Reflections, Tradition and Innovation. Valuing Our Differences and Working Together, We Embrace Camaraderie, Compassion, and Service to Others. Our School Strives to Instill In Each Boy Ethical Judgment, A Sense of Common Humanity, and Lifelong Love of Learning.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders43 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

47.45%of revenue went to mission work75.8% of expenses · Program services

3.19%of revenue went to fundraising5.1% of expenses

$62.59spent for every $100 of revenueRevenue covered expenses this year.

11.95%of revenue went to management and office costs19.1% of expenses

$6.48in assets for every $1 spent this yearSome assets cannot be spent right away.

14.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $959,168 for GREGORY J SCHNEIDER (RONALD M. DRUKER 62 HEAD OF SCHOOL-SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$73,236,485

Mission workProgram services$34,750,32547.45% of revenue75.8% of expenses

ManagementOffice and general costs$8,754,52911.95% of revenue19.1% of expenses

FundraisingAsking for donations$2,334,1703.19% of revenue5.1% of expenses

Revenue left after expensesReported annual surplus$27,397,46137.41% of revenueShown in gray on the chart

Total expenses$45,839,02462.59% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 75.8% mission · 19.1% management · 5.1% fundraisingTotal expenses: 62.59% of revenue

2023Expense mix: 75.3% mission · 18.3% management · 6.4% fundraisingTotal expenses: 80.64% of revenue

2022Expense mix: 75.6% mission · 18.0% management · 6.5% fundraisingTotal expenses: 93.94% of revenue

2021Expense mix: 75.8% mission · 18.3% management · 5.9% fundraisingTotal expenses: 76.97% of revenue

2020Expense mix: 74.4% mission · 20.1% management · 5.5% fundraisingTotal expenses: 80.97% of revenue

2019Expense mix: 76.8% mission · 17.3% management · 6.0% fundraisingTotal expenses: 91.17% of revenue

2018Expense mix: 77.9% mission · 15.9% management · 6.2% fundraisingTotal expenses: 66.87% of revenue

2017Expense mix: 78.0% mission · 16.4% management · 5.6% fundraisingTotal expenses: 103.92% of revenue

Money in and money out

Revenue$73,236,485

Expenses$45,839,024

Annual surplus $27,397,461 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$34,750,325 · 75.8% of expenses

Management and office costs$8,754,529 · 19.1% of expenses

Fundraising$2,334,170 · 5.1% of expenses

See all reported dollar amounts

Revenue$73,236,485

Expenses$45,839,024

Assets$296,903,003

Income$209,965,182

Contributions$10,771,879

Mission work (program services)$34,750,325

Fundraising$2,334,170

Management and general$8,754,529

Stocks and bonds$33,324,063

Accounting fees$95,150

Investing fees$418,095

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GREGORY J SCHNEIDERRONALD M. DRUKER 62 HEAD OF SCHOOL-SECRETARY · 50 hrs/week $959,168Base $589,538 · Other $369,630

BEVERLY COUGLINDIRECTOR OF DEVELOPMENT · 50 hrs/week $459,083Base $402,489 · Other $56,594

JAY BOUNTYASSISTANT TREASURER CFO AND DIRECTOR OF OPERATIONS · 50 hrs/week $426,900Base $362,793 · Other $64,107

MICHAEL GRANTASSISTANT HEAD OF SCHOOL · 50 hrs/week $376,196Base $208,916 · Other $167,280

JAY FRITZDIRECTOR OF MAJOR AND PLANNED GIFTS · 50 hrs/week $270,401Base $199,590 · Other $70,811

DONALD BRADLEYHEAD OF UPPER SCHOOL · 50 hrs/week $256,005Base $200,787 · Other $55,218

STEVE CARRDIRECTOR OF ADMISSIONS & ENROLLMENT · 50 hrs/week $217,342Base $155,232 · Other $62,110

LAUREN HAMILTONDIRECTOR OF MIDDLE SCHOOL · 50 hrs/week $207,778Base $186,628 · Other $21,150

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (43)

GREGORY J SCHNEIDERRONALD M. DRUKER 62 HEAD OF SCHOOL-SECRETARY

BEVERLY COUGLINDIRECTOR OF DEVELOPMENT

JAY BOUNTYASSISTANT TREASURER CFO AND DIRECTOR OF OPERATIONS

MICHAEL GRANTASSISTANT HEAD OF SCHOOL

JAY FRITZDIRECTOR OF MAJOR AND PLANNED GIFTS

DONALD BRADLEYHEAD OF UPPER SCHOOL

STEVE CARRDIRECTOR OF ADMISSIONS & ENROLLMENT

LAUREN HAMILTONDIRECTOR OF MIDDLE SCHOOL

SAM BARTLETTTRUSTEE

JON BIOTTIPRESIDENT

JONATHAN KRAFTTRUSTEE

JOSH ISNERTRUSTEE

MARK CHANDLERTRUSTEE

PATRICIA ONEILL NOLANTRUSTEE

RONALD DRUKERTRUSTEE

JEAN EGANTRUSTEE

SARAH PELMASTRUSTEE

STEPHEN KARPTRUSTEE

TAGGART ROMNEYTRUSTEE

TIM BUCKLEYTRUSTEE

TODD MACLEANTRUSTEE

WARREN CROSS JRTRUSTEE

WILLIAM ACHTMEYERVICE PRESIDENT

WILLIAM FORDETRUSTEE

GEORGE LYNCHTRUSTEE

ANTHONY RYANTREASURER

BRIAN SHORTSLEEVETRUSTEE

CARL DAWSONTRUSTEE

CARL MARTIGNETTITRUSTEE

CHRISTOPHER HADLEYTRUSTEE

DANIEL S FARBTRUSTEE

DANIELLE HEARDTRUSTEE

EMMET LYNETRUSTEE

FLORENCE BOURGEOISTRUSTEE

JOHN GRADY JRTRUSTEE

GREGORY PAULTRUSTEE

GRETCHEN COOK-ANDERSONTRUSTEE

GROOM DINKNEHTRUSTEE

HERBERT WAGNERTRUSTEE

JASON HURDTRUSTEE

AMY MADDENTRUSTEE

JEFFREY DRUCKERTRUSTEE

JILL SHAHTRUSTEE

About this charity

Recognized since: January 1929
Location: 350 Prospect Street, Belmont, MA 024782662
County: Middlesex
In care of: Jay Bounty
Primary officer: Jay Bounty, Assistant Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(617) 484-4410 Officer phone(617) 993-5313

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Education (B250)