Gilman School Inc
75% goes to programs $32 to raise $100 Strong reserves
Gilman School Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1972, with $55,558,214 in FY2023 revenue. CharityIndex grades it A, and it directs about 75% of spending to programs.
5407 Roland Ave Ste 1, Baltimore, MD, 21210 EIN 52-0591604 Since 1972
Revenue (FY2023)
$55.6M
▼ 1.0% vs prior year
Education median: $200K
Expenses (FY2023)
$50.0M
Net assets
$240.4M
Employees
363
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating75% to programs · $32 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Gilman School Inc: 75% to programs · $32 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating58 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gilman School Inc: 58 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Gilman School Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gilman School Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Gilman school is a diverse community dedicated to educating boys in mind, body and spirit through particular emphasis upon academic excellence, athletic participation and aesthetic appreciation. gilman seeks to produce men of character and integrity who have the skills and ability to make a positive contribution to the communities in which they live and work.
Contact & location
- Address
- 5407 Roland Ave Ste 1, Baltimore, MD, 21210
- City
- Baltimore
- State
- Maryland
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $41.3M (FY2013) to $55.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $42.8MNet assets $240.4M
Operating margin
10.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$283.2M
Total liabilities
$42.8M
Net assets
$240.4M
Salaries & benefits
$27.2M
54% of expenses
Board members
38
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $55,558,214▼1.0% | $49,961,387▲4.0% | $240,400,120▲2.3% | $283,156,122▲2.1% | 990 |
| 2022 | $56,118,327▼8.3% | $48,025,972▲6.7% | $234,950,049▲5.3% | $277,267,925▲4.1% | 990 |
| 2021 | $61,200,067▲4.0% | $45,001,827▼0.2% | $223,210,560▼6.6% | $266,393,454▼6.3% | 990 |
| 2020 | $58,848,077▲54.7% | $45,072,993▼0.6% | $239,072,836▲28.5% | $284,359,897▲19.0% | 990 |
| 2019 | $38,036,593▼16.2% | $45,351,514▲5.5% | $186,075,337▼3.8% | $238,892,271 | 990 |
| 2018 | $45,400,470▼18.0% | $42,991,609▲8.7% | $193,375,920▲1.2% | $238,793,269▲2.0% | 990 |
| 2017 | $55,335,940 | $39,543,128▲14.7% | $191,054,257▲9.0% | $234,161,616▲7.0% | 990 |
| 2016 | $55,327,025▲30.0% | $34,469,663▼9.2% | $175,267,668▲10.2% | $218,870,810▲6.9% | 990 |
| 2015 | $42,554,905▼23.5% | $37,978,697▲1.3% | $159,003,586▼3.9% | $204,725,186▲0.5% | 990 |
| 2014 | $55,593,853▲34.8% | $37,475,607▲3.1% | $165,529,563▲3.5% | $203,606,959▲4.1% | 990 |
| 2013 | $41,254,965 | $36,333,148▲5.7% | $160,005,034▲12.8% | $195,514,216▲10.7% | 990 |
| 2012 | — | $34,389,169▲4.2% | $141,836,980▲11.5% | $176,554,307▲7.2% | 990 |
| 2011 | — | $32,987,299▲3.9% | $127,170,936▼6.2% | $164,633,203▼2.9% | 990 |
| 2010 | — | $31,760,772▲3.4% | $135,591,380▲11.3% | $169,524,921▲8.4% | 990 |
| 2009 | — | $30,725,355 | $121,784,430 | $156,333,768 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Henry P A Smyth — $472,139 (0.95% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Henry P A Smyth | Head of School | 40 | $472,139 |
| Sean Furlong | Director of Finance | 40 | $268,927 |
| Peter Kwiterovich | Asst Head of School | 40 | $222,025 |
| Heather Warnack | Assistant Head of School For Advancement | 40 | $195,017 |
| Russell Wrenn | Director of Athletics | 40 | $179,602 |
| Sarah Ross | Director of College Counseling | 40 | $163,803 |
| Paul Hummer | Coo | 40 | $161,033 |
| Andrew Cohen | Trustee | 2 | — |
| Andrew M Brooks | President | 10 | — |
| Bernard J S Rhee | Trustee | 2 | — |
| Brooke Rodgers | Trustee | 2 | — |
| Charles C Edwards II | Secretary | 5 | — |
| Charles C Fenwick Jr | Trustee | 2 | — |
| David J Kim | Trustee | 2 | — |
| D Brooks Kitchel II | Trustee | 2 | — |
| Dina Lansey | Trustee | 2 | — |
| D Lawson Devries III | Trustee | 2 | — |
| Duane D Holloway | Trustee | 2 | — |
| E Thomas Booker III | Treasurer | 5 | — |
| Frank B Rosenburg | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Riparius Construction Inc | Construction | $1,987,031 |
| Compass Group USA | Dining Services | $1,443,801 |
| Comprehensive Building Services Inc | Cleaning | $425,766 |
| Dld Mechanical | Large Equipment Replacement | $326,178 |
| Coastal Exteriors | Construction | $213,248 |
Grants received · $11.8M total
109 grants to Gilman School Inc totaling $11.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Gilman School Inc a legitimate nonprofit?
- Yes. Gilman School Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0591604, based in Baltimore, Maryland. Donations are tax-deductible.
- What is Gilman School Inc's EIN?
- Gilman School Inc's Employer Identification Number (EIN) is 52-0591604.
- How much revenue does Gilman School Inc report?
- Gilman School Inc reported $55,558,214 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gilman School Inc's spending goes to programs?
- Gilman School Inc spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gilman School Inc have?
- CharityIndex grades Gilman School Inc A, based on program efficiency and fundraising cost.
- How much does Gilman School Inc's highest-paid employee make?
- The highest reported compensation on Gilman School Inc's latest Form 990 is $472,139, paid to Henry P A Smyth (Head of School).
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Data for Gilman School Inc (EIN 52-0591604) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.