University School is a 501(c)(3) organization based in Shaker Hts, Ohio, registered in 1927, with $59,209,631 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
Revenue (FY2023)
$59.2M
▲ 8.0% vs prior year
Education median: $200K
Expenses (FY2023)
$46.0M
Net assets
$216.2M
Employees
506
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 University School: 84% to programs · $8 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 University School: 56 mo reserves · +22% 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 University 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 University School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The mission of university school is to develop promising and motivated young boys into accomplished and independent young men who aspire to make a difference in the world.
Revenue grew from $33.6M (FY2013) to $59.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
22.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$231.9M
Total liabilities
$15.7M
Net assets
$216.2M
Salaries & benefits
$23.1M
50% of expenses
Board members
28
28 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $59,209,631▲8.0% | $45,992,307▲2.4% | $216,221,685▲12.1% | $231,937,004▲12.3% | 990 |
| 2022 | $54,819,092▼0.9% | $44,894,475▲7.1% | $192,835,098▲8.9% | $206,612,182▲7.7% | 990 |
| 2021 | $55,329,766▼17.4% | $41,932,729▲2.1% | $177,104,704▼0.9% | $191,858,927▼2.6% | 990 |
| 2020 | $66,975,999▲62.9% | $41,065,425▲4.2% | $178,653,413▲31.6% | $196,923,470▲28.2% | 990 |
| 2019 | $41,114,163▲12.6% | $39,409,328▲4.7% | $135,772,450▼2.0% | $153,658,245▼1.6% | 990 |
| 2018 | $36,500,516▲1.5% | $37,647,312▲4.7% | $138,596,733▼1.4% | $156,148,665▼1.9% | 990 |
| 2017 | $35,949,948▲5.1% | $35,948,944▲2.1% | $140,495,448▲3.4% | $159,097,616▲2.4% | 990 |
| 2016 | $34,214,401▲4.9% | $35,217,840▲3.4% | $135,930,573▲4.5% | $155,380,277▲1.9% | 990 |
| 2015 | $32,617,798▼11.2% | $34,054,437▲0.7% | $130,122,014▼4.4% | $152,439,241▼8.1% | 990 |
| 2014 | $36,732,194▲9.3% | $33,813,198▲5.9% | $136,053,935▼0.6% | $165,949,488▼2.3% | 990 |
| 2013 | $33,614,424 | $31,935,813▲5.3% | $136,830,133▲7.1% | $169,811,552▲1.6% | 990 |
| 2012 | — | $30,321,179▲3.5% | $127,713,423▲7.5% | $167,071,709▲6.3% | 990 |
| 2011 | — | $29,292,133▼1.2% | $118,799,803▲6.9% | $157,107,334▲19.2% | 990 |
| 2010 | — | $29,642,623▲8.9% | $111,118,121▲25.9% | $131,782,357▲21.2% | 990 |
| 2009 | — | $27,230,585 | $88,281,893 | $108,687,076 | 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: Patrick Gallagher — $421,965 (0.92% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patrick Gallagher | Head of School | 40 | $421,965 |
| Jonathan Bridge | Director of Advancement | 40 | $234,737 |
| David J Wright | Former Finance Director | 40 | $172,257 |
| Jen Beros | Associate Head of School | 40 | $160,219 |
| Sandie Fantozzi-welker | Hr Director | 40 | $128,991 |
| Michel T Degandis | Finance Director | 40 | $128,314 |
| Lisa Cummings | Lower School Director | 40 | $127,473 |
| Krys Perry | Upper School Director | 40 | $118,256 |
| Amy Paine | Trustee | 1 | — |
| Bill Oberndorf | Trustee | 1 | — |
| Carl Tippit | Trustee | 1 | — |
| Chris Smythe | Trustee | 1 | — |
| Dale Naylor | Trustee | 1 | — |
| David Smith | Trustee | 1 | — |
| Dick Hollington | President | 1 | — |
| Drew Carleton | Trustee | 1 | — |
| Fred Asbeck | Trustee | 1 | — |
| Jd Sullivan | Trustee | 1 | — |
| Jim Brown | Trustee | 1 | — |
| Joe Juster | Secretary | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| The Albert Higley Co | Construction | $1,352,317 |
| Annum Architects | Architectural | $651,343 |
| Warren Roofing | Roofing | $322,080 |
| Precious Cargo | Transportation | $310,562 |
| Dix & Eaton | Pr/marketing | $138,285 |
118 grants to University School totaling $13.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Annual fund 2023-24 | 2024 | $319,995 |
| American Online Giving Foundation Inc | General support | 2024 | $20,803 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $12,500 |
| Ayco Charitable Foundation | Education | 2024 | $11,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,536 |
| American Endowment Foundation | Educational | 2024 | $7,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,993 |
| Donor Advised Charitable Giving | Education | 2023 | $952,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $698,019 |
| Cleveland Foundation | Teacher support from the champ family faculty excellence fund of the cleveland foundation | 2023 | $394,635 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $85,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $84,840 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $38,000 |
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Data for University School (EIN 34-0714720) 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.