Groton School
71% goes to programs $11 to raise $100 Strong reserves
Groton School is a 501(c)(3) organization based in Groton, Massachusetts, registered in 1934, with $71,557,927 in FY2023 revenue. CharityIndex grades it B+, and it directs about 71% of spending to programs.
282 Farmers Row, Groton, MA, 01450 EIN 04-2104265 Since 1934
Revenue (FY2023)
$71.6M
▲ 30.8% vs prior year
Education median: $200K
Expenses (FY2023)
$55.3M
Net assets
$602.9M
Employees
254
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating71% to programs · $11 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 Groton School: 71% to programs · $11 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating131 mo reserves · +23% 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 Groton School: 131 mo reserves · +23% margin earns a B+ 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 Groton School: 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 Groton School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Groton school provides college and university preparatory education for students in grades eight to twelve.
Contact & location
- Address
- 282 Farmers Row, Groton, MA, 01450
- City
- Groton
- State
- Massachusetts
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $56.6M (FY2013) to $71.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $67.4MNet assets $602.9M
Operating margin
22.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$670.3M
Total liabilities
$67.4M
Net assets
$602.9M
Salaries & benefits
$24.2M
44% of expenses
Board members
27
26 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $71,557,927▲30.8% | $55,348,732▲0.5% | $602,937,477▲8.7% | $670,317,540▲5.2% | 990 |
| 2022 | $54,693,070▼11.5% | $55,058,708▲0.3% | $554,577,753▲3.2% | $636,973,139▲2.2% | 990 |
| 2021 | $61,768,419▼13.1% | $54,908,675▲0.1% | $537,330,266▼1.8% | $623,393,279▼2.6% | 990 |
| 2020 | $71,039,183▲40.1% | $54,862,923▲7.2% | $547,117,783▲31.9% | $639,928,563▲23.3% | 990 |
| 2019 | $50,710,312▼11.0% | $51,159,807▲1.8% | $414,658,092▼7.5% | $519,152,774▼4.7% | 990 |
| 2018 | $57,003,989▼8.9% | $50,262,937▲0.8% | $448,105,091▼0.2% | $544,767,407▲0.1% | 990 |
| 2017 | $62,539,964▲13.3% | $49,853,170▲5.2% | $449,026,856▲5.7% | $544,284,961▲4.6% | 990 |
| 2016 | $55,186,118▼10.5% | $47,397,648▲4.8% | $424,667,894▲11.9% | $520,237,297▲8.0% | 990 |
| 2015 | $61,651,103▼17.0% | $45,214,844▲6.3% | $379,594,497▼7.1% | $481,882,186▼5.8% | 990 |
| 2014 | $74,251,890▲31.2% | $42,523,684▲5.0% | $408,655,124▲0.1% | $511,393,534▲4.1% | 990 |
| 2013 | $56,589,566 | $40,513,182▲6.7% | $408,319,200▲10.6% | $491,179,040▲11.6% | 990 |
| 2012 | — | $37,977,088▲3.0% | $369,102,874▲10.7% | $440,108,102▲7.0% | 990 |
| 2011 | — | $36,872,257▲4.3% | $333,408,297▼5.3% | $411,490,784▼2.4% | 990 |
| 2010 | — | $35,359,418▼0.8% | $352,007,399▲12.4% | $421,402,610▲9.3% | 990 |
| 2009 | — | $35,661,362 | $313,230,758 | $385,564,083 | 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: Temba Maqubela — $648,845 (1.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Temba Maqubela | Headmaster | 60 | $648,845 |
| Julie Dolan | Chief Financial Officer - Retired As of 12/31/23 | 50 | $361,650 |
| John Maceachern | Director of Development | 50 | $319,513 |
| Vuyelwa Maqubela | Teacher & Advisor To Head of School | 50 | $221,913 |
| Harold W Anderson III | Assistant Headmaster | 50 | $203,305 |
| Ian Gracey | Director of Admissions | 50 | $188,901 |
| Kimberly A Gerighty | Director of Parent Programs | 50 | $187,369 |
| John Herlihy | Chief Financial Officer - Started 11/01/23 | 50 | $48,956 |
| Adam Monroe Spence | Board Member | 4 | — |
| Alexander Lowell Thorndike | Board Member | 4 | — |
| Alfred Winkler | Board Member | 4 | — |
| Allison Chin Hays | Board Member | 4 | — |
| Ann Gildroy Fox | Board Member | 4 | — |
| Benjamin N Pyne | President | 4 | — |
| Chandler Bass Evans | Board Member | 4 | — |
| Charles S Duggan | Secretary | 4 | — |
| David Altshuler | Board Member | 4 | — |
| David Porter | Board Member | 4 | — |
| Diana S Ferguson | Board Member | 4 | — |
| Ellen Boiselle | Board Member | 4 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mj Cataldo Inc | Construction | $6,301,482 |
| Jh Spain Commercial Services LLC | Construction | $1,549,589 |
| Mahan Slate Roofing Company | Construction | $1,455,612 |
| Flik | Food Service | $1,376,460 |
| Timberline Construction Corporation | Construction | $1,071,016 |
Grants received · $50.2M total
133 grants to Groton School totaling $50.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $220K in FY2023
2 grants totaling $220K in FY2023. All grants made by Groton School →
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Groton | The contribution was made to help the town of groton subsidize their annual operating costs. | $200,000 |
| Town of Groton | The contribution was made to help the town of groton purchase an electronic scoreboard for the recently constructed elementary school. | $20,000 |
Similar organizations in Education
Education
Buckingham Browne and Nichols School
Cambridge, MA
$71.1M
Aannual revenue
Education
Belmont Hill School Inc
Belmont, MA
$73.2M
Aannual revenue
Education
Dean College
Franklin, MA
$73.8M
B+annual revenue
Education
Bay Path University
Longmeadow, MA
$67.3M
Aannual revenue
Education
Gordon College
Wenham, MA
$76.0M
B+annual revenue
- Education
Trustees For Harvard University
Cambridge, MA
$66.5M
Aannual revenue
Education
Noble and Greenough School
Dedham, MA
$65.4M
B+annual revenue
Education
New England Law Boston
Boston, MA
$64.9M
Aannual revenue
Education
Nichols College
Dudley, MA
$64.8M
B+annual revenue
Education
New England Conservatory of Music
Boston, MA
$80.2M
Aannual revenue
Compare Groton School
Frequently asked questions
- Is Groton School a legitimate nonprofit?
- Yes. Groton School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2104265, based in Groton, Massachusetts. Donations are tax-deductible.
- What is Groton School's EIN?
- Groton School's Employer Identification Number (EIN) is 04-2104265.
- How much revenue does Groton School report?
- Groton School reported $71,557,927 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Groton School's spending goes to programs?
- Groton School spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Groton School have?
- CharityIndex grades Groton School B+, based on program efficiency and fundraising cost.
- How much does Groton School's highest-paid employee make?
- The highest reported compensation on Groton School's latest Form 990 is $648,845, paid to Temba Maqubela (Headmaster).
More nonprofits in Groton
Explore more
Data for Groton School (EIN 04-2104265) 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.