Hotchkiss School
70% goes to programs $13 to raise $100 Strong reserves Declining revenue
Hotchkiss School is a 501(c)(3) organization based in Lakeville, Connecticut, registered in 1925, with $112,915,926 in FY2023 revenue. CharityIndex grades it B+, and it directs about 70% of spending to programs.
11 Interlaken Rd, Lakeville, CT, 06039 EIN 06-0647018 Since 1925
Revenue (FY2023)
$112.9M
▲ 27.1% vs prior year
Education median: $200K
Expenses (FY2023)
$95.6M
Net assets
$742.4M
Employees
507
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 rating70% to programs · $13 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 Hotchkiss School: 70% to programs · $13 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating93 mo reserves · +15% 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 Hotchkiss School: 93 mo reserves · +15% 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 Hotchkiss 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 Hotchkiss 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
The hotchkiss school seeks to inspire a diverse range of students (see continuation on schedule o) who are committed to the betterment of self and society, and to cultivate in them at the highest standards of excellence (imagination and intellect, openness and personal integrity, empathy and responsible citizenship) that they may discover and fulfill their potential as individuals fully engaged in our world.
Contact & location
- Address
- 11 Interlaken Rd, Lakeville, CT, 06039
- City
- Lakeville
- State
- Connecticut
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $83.6M (FY2013) to $112.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $118.8MNet assets $742.4M
Operating margin
15.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$861.2M
Total liabilities
$118.8M
Net assets
$742.4M
Salaries & benefits
$39.2M
41% of expenses
Board members
31
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,915,926▲27.1% | $95,553,594▲14.1% | $742,424,993▲7.5% | $861,225,504▲9.8% | 990 |
| 2022 | $88,807,260▼11.7% | $83,717,636▲2.5% | $690,371,482▲3.7% | $784,204,110▲3.1% | 990 |
| 2021 | $100,594,062▼25.7% | $81,691,153▲2.1% | $665,518,120▼8.6% | $760,322,564▼8.6% | 990 |
| 2020 | $135,336,667▲68.1% | $80,000,861▲7.1% | $728,426,478▲23.7% | $832,226,197▲19.9% | 990 |
| 2019 | $80,531,701▼3.5% | $74,683,275▼7.2% | $588,857,032▼0.9% | $694,073,928▲2.9% | 990 |
| 2018 | $83,433,836▼7.5% | $80,454,115▲9.3% | $594,056,453▲0.9% | $674,568,297▲0.9% | 990 |
| 2017 | $90,231,487▲34.3% | $73,577,217▲7.2% | $588,960,757▲5.6% | $668,865,917▲4.7% | 990 |
| 2016 | $67,205,723▲9.2% | $68,635,207▲2.1% | $557,466,154▲9.9% | $639,064,331▲8.1% | 990 |
| 2015 | $61,528,161▼7.0% | $67,238,258▲4.0% | $507,054,913▼9.9% | $591,060,482▼7.5% | 990 |
| 2014 | $66,126,166▼20.9% | $64,635,776▲5.2% | $562,756,706▲1.5% | $638,753,289▲0.7% | 990 |
| 2013 | $83,569,854 | $61,432,375▲2.0% | $554,685,846▲10.3% | $634,485,440▲9.6% | 990 |
| 2012 | — | $60,216,172▲5.5% | $502,771,399▲10.3% | $579,112,592▲7.3% | 990 |
| 2011 | — | $57,085,016▼1.8% | $455,714,598▼5.5% | $539,942,532▼3.0% | 990 |
| 2010 | — | $58,136,857▲6.9% | $482,144,404▲11.2% | $556,822,911▲8.9% | 990 |
| 2009 | — | $54,387,939 | $433,454,591 | $511,270,488 | 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: Craig W Bradley — $992,596 (1.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Craig W Bradley | Head of School | 40 | $992,596 |
| Sandra J Lynch | Cfo | 40 | $387,900 |
| Ninette Enrique | Chief Advancement Officer | 40 | $372,034 |
| Erby L Mitchell Jr | Dean of Admisson & Financial Aid | 40 | $257,494 |
| Hope Cobera | Chief Communications Officer | 40 | $228,482 |
| Zachary Mcclain | Medical Director | 40 | $222,491 |
| Gretchen Dwyer Executive | Director of Leadership Giving | 40 | $218,763 |
| Richard Hazelton | Dean of Summer Programs | 40 | $191,321 |
| Melissa Woodin | Controller/former Interim Cfo | 40 | $188,131 |
| Merrilee Mardon | Former Associate Head of School | 0 | $127,379 |
| Aaron Oberman | Trustee | 3 | — |
| Alexander Hurst | Trustee | 3 | — |
| Anne Matlock Dinneen | Trustee | 3 | — |
| Annika Lescott-martinez | Trustee | 3 | — |
| Bernice Leung Lin | Trustee | 3 | — |
| Brooke Harlow | Trustee | 3 | — |
| Carlos A Perez | Trustee | 3 | — |
| Charles Ayres Jr | Trustee | 3 | — |
| Christopher R Redlich Jr | Trustee | 3 | — |
| Cristina Mariani-may | Trustee | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Gilbane | Contruction | $12,293,420 |
| Tory Hill LLC | Food Service | $4,801,143 |
| Burlington Construction Co Inc | Construction | $3,129,130 |
| Mega Mechanical | Construction | $1,059,882 |
| Premier Building Associates | Construction | $317,627 |
Grants received · $23.3M total
198 grants to Hotchkiss School totaling $23.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $1,025,000 |
| Ayco Charitable Foundation | Education | 2024 | $355,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $193,900 |
| The Bessemer Giving Fund | General support | 2024 | $78,000 |
| Daffy Charitable Fund | General support of mission | 2024 | $77,002 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $65,000 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $65,000 |
| The New York Community Trust | For program support. | 2024 | $58,000 |
| Greater Hartford Gives Foundation | Arts and culture | 2024 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $44,978 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $27,000 |
| American Endowment Foundation | Educational | 2024 | $18,167 |
| Toledo Community Foundation | General support | 2024 | $17,997 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,000 |
Grants made · $128K in FY2023
2 grants totaling $128K in FY2023. All grants made by Hotchkiss School →
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Salisbury | Donation | $118,450 |
| Salisbury Housing Committee Inc | Donation | $10,000 |
Similar organizations in Education
Education
Greenwich Country Day School Inc
Greenwich, CT
$114.7M
Aannual revenue
Education
Choate Rosemary Hall Foundation Incorporated
Wallingford, CT
$105.2M
Aannual revenue
Education
Taft School Corporation
Watertown, CT
$122.8M
Aannual revenue
Education
The University of Bridgeport Inc
East Hartford, CT
$124.0M
Aannual revenue
Education
University of Saint Joseph
West Hartford, CT
$98.1M
Aannual revenue
Education
Brunswick School Inc
Greenwich, CT
$90.1M
Aannual revenue
Education
Loomis Institute
Windsor, CT
$137.9M
B+annual revenue
Education
University of Connecticut Foundation Incorporated
Storrs, CT
$139.3M
Bannual revenue
Education
Greenwich Academy Inc
Greenwich, CT
$74.0M
Aannual revenue
Goodwin University Inc
East Hartford, CT
$66.6M
B+annual revenue
Compare Hotchkiss School
Frequently asked questions
- Is Hotchkiss School a legitimate nonprofit?
- Yes. Hotchkiss School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0647018, based in Lakeville, Connecticut. Donations are tax-deductible.
- What is Hotchkiss School's EIN?
- Hotchkiss School's Employer Identification Number (EIN) is 06-0647018.
- How much revenue does Hotchkiss School report?
- Hotchkiss School reported $112,915,926 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hotchkiss School's spending goes to programs?
- Hotchkiss School spends about 70% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hotchkiss School have?
- CharityIndex grades Hotchkiss School B+, based on program efficiency and fundraising cost.
- How much does Hotchkiss School's highest-paid employee make?
- The highest reported compensation on Hotchkiss School's latest Form 990 is $992,596, paid to Craig W Bradley (Head of School).
More nonprofits in Lakeville
Explore more
Data for Hotchkiss School (EIN 06-0647018) 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.