Hockaday School
82% goes to programs $25 to raise $100 Strong reserves
Hockaday School is a 501(c)(3) organization based in Dallas, Texas, registered in 1938, with $59,428,134 in FY2024 revenue. CharityIndex grades it B+, and it directs about 82% of spending to programs.
11600 Welch Rd, Dallas, TX, 75229 EIN 75-0800650 Since 1938
Revenue (FY2024)
$59.4M
▲ 1.9% vs prior year
Education median: $200K
Expenses (FY2024)
$54.2M
Net assets
$350.1M
Employees
527
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 rating82% to programs · $25 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 Hockaday School: 82% to programs · $25 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating77 mo reserves · +9% 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 Hockaday School: 77 mo reserves · +9% 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 Hockaday 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 Hockaday School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The hockaday school, founded in 1913, provides a college preparatory education for girls of strong potential who may be expected to assume positions of leadership.
Contact & location
- Address
- 11600 Welch Rd, Dallas, TX, 75229
- City
- Dallas
- State
- Texas
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $47.1M (FY2013) to $59.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $53.2MNet assets $350.1M
Operating margin
8.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$403.4M
Total liabilities
$53.2M
Net assets
$350.1M
Salaries & benefits
$30.5M
56% of expenses
Board members
49
49 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,428,134▲1.9% | $54,214,322▲0.5% | $350,125,281▲10.0% | $403,359,930▲8.8% | 990 |
| 2023 | $58,316,615▲4.5% | $53,925,778▲4.7% | $318,183,382▲9.3% | $370,850,168▲7.0% | 990 |
| 2022 | $55,789,565▼9.0% | $51,497,600▼1.4% | $291,134,665▲6.4% | $346,432,014▲5.8% | 990 |
| 2021 | $61,281,462▼1.7% | $52,226,513▲10.8% | $273,702,850▼0.7% | $327,432,445▼0.1% | 990 |
| 2020 | $62,337,131▲38.8% | $47,119,001▼0.3% | $275,589,636▲25.5% | $327,922,958▲24.6% | 990 |
| 2019 | $44,903,789▼5.0% | $47,245,416▼0.1% | $219,532,285▼2.6% | $263,104,844▼6.7% | 990 |
| 2018 | $47,279,914▼1.0% | $47,300,246▲1.4% | $225,428,907▲2.0% | $282,065,743▲2.2% | 990 |
| 2017 | $47,774,960▲15.4% | $46,640,320▲8.6% | $221,095,071▲4.0% | $275,960,880▲2.8% | 990 |
| 2016 | $41,383,874▼8.9% | $42,953,718▲3.5% | $212,688,008▲6.1% | $268,506,086▲5.4% | 990 |
| 2015 | $45,443,372▲2.6% | $41,503,864▼5.9% | $200,504,638▼0.6% | $254,839,443▲1.1% | 990 |
| 2014 | $44,304,648▼6.0% | $44,109,784▲6.6% | $201,814,988▼0.4% | $252,007,657▼0.1% | 990 |
| 2013 | $47,132,289 | $41,370,314▲6.9% | $202,669,724▲12.8% | $252,240,847▲10.8% | 990 |
| 2012 | — | $38,687,951▲4.3% | $179,707,269▲12.8% | $227,693,956▲12.1% | 990 |
| 2011 | — | $37,092,822▲1.2% | $159,373,510▼2.3% | $203,054,327▲1.2% | 990 |
| 2010 | — | $36,651,838▲2.5% | $163,149,379▲41.5% | $200,661,383▲28.3% | 990 |
| 2009 | — | $35,763,121 | $115,318,627 | $156,363,270 | 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 (FY2024)
Highest-paid: Dr Laura Leathers — $702,005 (1.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Laura Leathers | Head of School | 50 | $702,005 |
| Kathryn Leto | Chief Financial Officer | 50 | $280,908 |
| Randall Rhodus | Assistant Head of School | 50 | $238,428 |
| Jessica Epperson | Dir of Development & Strategic Initi | 50 | $234,555 |
| Joan Guzman | Chief Operations Officer | 50 | $211,518 |
| Lisa Culbertson | Head of Upper School | 50 | $211,290 |
| Barbara Fishel | Dean of Studies | 50 | $198,803 |
| Abby Hoak-morton | Trustee | 3 | — |
| Andrea Carter | Trustee | 3 | — |
| Andrew Hill | Treasurer | 15 | — |
| Antal Desai | Trustee | 3 | — |
| A Shonn Brown | Chair | 15 | — |
| Audrey Decherd Barbosa | Trustee | 3 | — |
| Betty Schultz | Secretary | 5 | — |
| Bonner Mead Allen | Trustee | 3 | — |
| Carla Bolden | Trustee | 3 | — |
| Caroline Snell Wagner | Trustee | 3 | — |
| Courtney Jones Johnson | Trustee | 3 | — |
| Dan Hunt | Trustee | 3 | — |
| David A Roosevelt | Chair-elect | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sage Dining Services Inc | Dining Services | $2,360,665 |
| Moss & Associates | Construction | $1,344,252 |
| Quantum Building Solutions Inc | Facility Repairs and Maintenance | $1,298,393 |
| 360 Innovations LLC | Facility Repairs and Maintenance | $648,638 |
| Ahi Facility Services Inc | Janitorial Services | $633,986 |
Grants received · $7.4M total
150 grants to Hockaday School totaling $7.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Hockaday School a legitimate nonprofit?
- Yes. Hockaday School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-0800650, based in Dallas, Texas. Donations are tax-deductible.
- What is Hockaday School's EIN?
- Hockaday School's Employer Identification Number (EIN) is 75-0800650.
- How much revenue does Hockaday School report?
- Hockaday School reported $59,428,134 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hockaday School's spending goes to programs?
- Hockaday School spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hockaday School have?
- CharityIndex grades Hockaday School B+, based on program efficiency and fundraising cost.
- How much does Hockaday School's highest-paid employee make?
- The highest reported compensation on Hockaday School's latest Form 990 is $702,005, paid to Dr Laura Leathers (Head of School).
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Explore more
Data for Hockaday School (EIN 75-0800650) 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.