Horace Mann School is a 501(c)(3) organization based in Bronx, New York, registered in 1949, with $144,942,370 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
Revenue (FY2023)
$144.9M
▲ 7.9% vs prior year
Education median: $200K
Expenses (FY2023)
$124.6M
Net assets
$368.1M
Employees
584
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 Horace Mann School: 89% to programs · $14 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Horace Mann School: 35 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
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 Horace Mann School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Horace Mann School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To provide a continuous education progam for boys, girls, and others who identify differently, from nursery through high school.
Revenue grew from $87.5M (FY2013) to $144.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$512.1M
Total liabilities
$144.0M
Net assets
$368.1M
Salaries & benefits
$71.0M
57% of expenses
Board members
32
32 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $144,942,370▲7.9% | $124,599,171▲6.1% | $368,094,420▲12.5% | $512,054,660▲8.4% | 990 |
| 2022 | $134,391,895▲1.1% | $117,456,606▼0.2% | $327,083,403▲12.9% | $472,300,215▲4.5% | 990 |
| 2021 | $132,964,444▼3.1% | $117,736,186▲1.5% | $289,588,278▲3.6% | $451,755,876▼5.1% | 990 |
| 2020 | $137,244,948▲19.6% | $115,974,463▲5.8% | $279,524,608▲13.1% | $475,824,158▲15.5% | 990 |
| 2019 | $114,795,176▼12.3% | $109,587,223▲2.4% | $247,053,036▲1.1% | $411,987,049▼0.4% | 990 |
| 2018 | $130,941,444▲11.6% | $107,046,131▲10.2% | $244,443,550▲4.4% | $413,821,196▲0.4% | 990 |
| 2017 | $117,287,601▼2.7% | $97,131,717▲5.1% | $234,242,357▲15.0% | $412,043,161▲24.0% | 990 |
| 2016 | $120,594,741▲2.1% | $92,455,459▲1.4% | $203,620,901▲26.9% | $332,206,555▲14.8% | 990 |
| 2015 | $118,149,873▲22.9% | $91,160,307▲3.1% | $160,478,700▲12.0% | $289,333,790▲6.7% | 990 |
| 2014 | $96,138,498▲9.9% | $88,380,518▲5.1% | $143,298,170▲0.1% | $271,056,107▲3.9% | 990 |
| 2013 | $87,514,688 | $84,121,230▲3.7% | $143,193,597▲8.0% | $260,908,470▲7.5% | 990 |
| 2012 | — | $81,092,132▲5.2% | $132,553,915▲5.9% | $242,768,829▲3.6% | 990 |
| 2011 | — | $77,064,186▲4.4% | $125,120,739▼3.3% | $234,333,293▲0.5% | 990 |
| 2010 | — | $73,844,332▲4.5% | $129,444,347▲11.2% | $233,065,791▲8.5% | 990 |
| 2009 | — | $70,687,078 | $116,418,451 | $214,870,562 | 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.
Highest-paid: Thomas Kelly — $2,805,522 (2.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas Kelly | Head of School | 60 | $2,805,522 |
| Canh Oxelson | Executive Dir. College Counseling | 40 | $455,613 |
| Jessica Levenstein Davis | Head of Upper Division | 40 | $394,079 |
| Lisa J Moreira | Dir. Inst. Research & Enrollment | 40 | $359,866 |
| Deena Neuwirth | Head of Lower Division | 40 | $357,804 |
| Gordon A Jensen | Director of Facilities | 40 | $357,062 |
| David Roberts | Chief Financial Officer | 40 | $331,018 |
| Melissa Parento | Director of Alumni/development | 40 | $323,070 |
| Javaid Khan | Head of Middle Division | 40 | $322,356 |
| Robert A Annunziata | Dir. Athletics & Summer Prgm | 40 | $321,879 |
| Marines Arroyo-stuart | Head of Nursery Division | 40 | $265,789 |
| Andrea L Olshan | Secretary | 8 | — |
| Avinash Mehrotra | Trustee | 8 | — |
| Brian L Eizenstat | Treasurer | 8 | — |
| Catherine Goodstein Wallace | Trustee | 8 | — |
| Daniel Benton | Trustee | 8 | — |
| Drew Figdor | Trustee | 8 | — |
| Ephram Lustgarten | Trustee | 8 | — |
| Glenn August | Trustee | 8 | — |
| Howard W Lutnick | Trustee | 8 | — |
| Contractor | Services | Paid |
|---|---|---|
| Flik International Corp | Food | $4,372,150 |
| Jeancare Services Inc | Cleaning | $1,351,904 |
| Selby Bus IV Corp | Bus Services | $960,923 |
| Schulte Roth & Zabel LLP | Legal Services | $759,337 |
| Alta Construction & Management Inc | Construction | $670,882 |
155 grants to Horace Mann School totaling $27.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
8 grants totaling $170K in FY2023. All grants made by Horace Mann School →
| Recipient | Purpose | Amount |
|---|---|---|
| Van Cortlandt Park Alliance Inc | General support | $45,000 |
| American Jewish Committee | General support | $35,000 |
| Hilltop Cares Foundation | General support | $35,000 |
| Prep For Prep | General support | $15,000 |
| George Jackson Academy | General support | $10,000 |
| Riverdale Neighborhood House Inc | General support | $10,000 |
| Riverdale Senior Services Inc | General support | $10,000 |
| Daniels Music Foundation | General support | $10,000 |
Explore more
Data for Horace Mann School (EIN 13-1740455) 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.