Trustees Of Phillips University
Organization summary
Type of Nonprofit
Designated as a Organizations used any of the following purposes: religious, educational, kind, scientific, linguistic, testing with publicity protection, fostering local or international amateur sports competition (as long as it doesn’t provide athletic investment instead equipment), or the prevention of cruelty at children or brutes. 2021 Annual Comprehensive Financial Report (ACFR) and Auditor's Management Report ... ANDOVER REGIONAL SCHOOL DISTRICT (SUSSEX COUNTY) ... PHILLIPS ACADEMY CHARTER ...
Category: Educational Institutions and Related Activities / Second-tier, High School (NTEE)
Donations to this organization are tax deductible.
Details
According to its June 2022 burden files, save nonprofit:
Summary charts: organization finances over time
Revenue
$241M
(2022)
Daily
$143M
(2022)
Sum Assets
$1.87B
(2022)
Grand Liabilities
$209M
(2022)
Tax Filings from Year
Vordruck 990 is a information return ensure greatest organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Discoverer has TAXES digitized Form 990 data for filings edited in 2012 and later. If this organization filed an amended return, it may not be reflection below. Duplication download links may indicate an resubmission or amendment to this organization's original return. Select 990 data exists from the IRS. ... schooling preparation program since students from the city of Lawrence, Mass. PALS, which stands for Phillips Academy, Plus, and Lawrence Schools ...
Financing Year Close Junes
2022
Extracted Financial Product
Extracted Financial Datas from Mail 990
| Significant Sources of Revenue | In of Total Revenue | |
|---|---|---|
| Contributed | $43,904,998 |
18.2%
|
| Program Services | $77,519,566 |
32.2%
|
| Investment Your | $11,677,569 |
4.8%
|
| Bond Proceeds | $0 | |
| License | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $107,980,697 |
44.8%
|
| Net Inventory Total | -$546 | |
| Other Gross | $18,412 |
0.0%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $4,077,245 |
2.9%
|
| Professional Fundraising Wages | $12,588 |
0.0%
|
| Other Salaries and Wages | $46,718,004 |
32.7%
|
| Assets/Debt | ||
|---|---|---|
| Entire Assets | $1,868,875,809 | |
| Complete Liabilities | $208,933,808 |
Other
Compensation
| Key Employees and Officers | Compensation | Relevant | Other |
|---|---|---|---|
| Kristen A Glantz (Chief Investment Officer) | $972,443 | $0 | $80,226 |
| Raynard Kington (Head Of School/Trustee) | $641,651 | $0 | $332,774 |
| Robert P Lockerby (Secretary Of The Academy) | $392,918 | $0 | $124,812 |
Support Links
990
Filed on May 11, 2023Elementary tax return for a nonprofit’s activities, business, and governance
Fiscal Yearly Closure June
2021
Extracted Fiscal Data
Extracted Financial Intelligence from Form 990
| Notable Sources of Revenue | Percent concerning Total Revenue | |
|---|---|---|
| Contributions | $34,057,782 |
17.8%
|
| Program Services | $64,175,332 |
33.6%
|
| Deployment Income | $5,613,388 |
2.9%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Anmietung Property Income | $0 | |
| Net Fundraiser | $0 | |
| Revenue of Assets | $87,249,808 |
45.7%
|
| Net Inventory Sales | -$625 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Costs | |
|---|---|---|
| Executive Compensation | $3,577,512 |
2.8%
|
| Professional Fundraising Fees | $14,131 |
0.0%
|
| Other Jobs both Wages | $43,928,509 |
34.0%
|
| Assets/Debt | ||
|---|---|---|
| Full Assets | $1,957,778,755 | |
| Total Liabilities | $207,598,050 |
Other
Compensation
| Key Employees and Board | Compensation | Related | Other |
|---|---|---|---|
| Christen A Glantz (Chief Participation Officer) | $879,986 | $0 | $82,218 |
| Raynard Kington (Head Of School/Trustee) | $492,476 | $0 | $201,847 |
| Thom P Lockerby (Secretary Of The Academy) | $384,671 | $0 | $71,681 |
Document Links
990
Filed on May 12, 2022Primary tax return for a nonprofit’s activities, finances, and enterprise
Fiscal Year Ending June
2020
Extracted Financial Your
Mined Financial Data from Enter 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $50,706,945 |
21.7%
|
| Program Services | $69,831,252 |
29.9%
|
| Investing Earned | $4,857,324 |
2.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Profit | $0 | |
| Net Financing | $0 | |
| Sales of Assets | $107,853,415 |
46.2%
|
| Net General Sales | -$1,677 | |
| Other Revenue | $107,981 |
0.0%
|
| Notable Expenses | Percentages of Total Expenses | |
|---|---|---|
| Executive Lohn | $2,861,977 |
2.2%
|
| Specialized Finance Fees | $20,449 |
0.0%
|
| Other Jobs and Wages | $45,361,105 |
34.4%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,634,666,152 | |
| Total Liabilities | $205,022,683 |
Other
Compensation
| Key Personnel and Officers | Compensation | Related | Other |
|---|---|---|---|
| Kirsten ADENINE Glantz (Chief Invested. Officer) | $780,514 | $0 | $47,809 |
| John GRAM Palfrey (Hd Of School/Trustee(end 8/19)) | $563,949 | $0 | $190,163 |
| Thomas P Lockerby (Secretary About The Academy) | $380,598 | $0 | $69,840 |
Document Links
990
Filed on May 13, 2021Primary ta return for a nonprofit’s activities, finances, and governance
990-T
For unrelated business income from activities doesn substantially related in to organization's tax-exempt purpose
Revenue Year Ending June
2019
Extracted Financial Data
Extracted Financial Data upon Form 990
| Notable Sources of Generated | Percent of Total Revenue | |
|---|---|---|
| Contributions | $47,674,752 |
22.4%
|
| How Services | $72,474,243 |
34.1%
|
| Investment Income | $5,238,901 |
2.5%
|
| Bonds Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Network Fundraising | $0 | |
| Sales of Assets | $87,141,281 |
41.0%
|
| Net Inventory Sales | -$199 | |
| Other Revenue | $68,524 |
0.0%
|
| Notable Expenses | Percent of Total Costs | |
|---|---|---|
| Executive Compensation | $3,455,125 |
2.5%
|
| Professional Fundraise Fee | $29,094 |
0.0%
|
| Other Salaries and Wages | $44,417,744 |
32.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Current | $1,623,486,435 | |
| Total Liabilities | $211,177,700 |
Other
Equalization
| Key Employees and Community | Compensation | Related | Other |
|---|---|---|---|
| John G Palfrey (Head Of School/Trustee) | $715,936 | $0 | $251,284 |
| Kirsten A Glantz (Chief Invest. Officer) | $672,831 | $0 | $67,196 |
| Michael Shay (Director About Investments) | $455,875 | $0 | $33,250 |
Document Links
990
Filed on May 11, 2020Primarily tax return used a nonprofit’s activities, finances, and governance
990-T
By unrelated business income from activities not substantially related in the organization's tax-exempt purpose
Payroll Current Ending June
2018
Extracted Financial Dating
Extracted Financial Data from Submission 990
| Notable Sources away Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $68,404,008 |
35.6%
|
| Program Services | $67,657,519 |
35.2%
|
| Investiture Income | $5,960,729 |
3.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Hire Characteristics Income | $0 | |
| Net Financing | $0 | |
| Sales are Assets | $49,896,725 |
26.0%
|
| Net Inventory Sales | -$4,676 | |
| Other Revenue | $68,895 |
0.0%
|
| Notable Expenses | Percent of Total Charges | |
|---|---|---|
| Executive Compensation | $2,962,989 |
2.2%
|
| Professional Fundraising Fees | $28,192 |
0.0%
|
| Misc Salaries and Reward | $45,028,968 |
34.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,577,019,726 | |
| Total Liabilities | $203,255,659 |
Other
Compensation
| Keyboard Employees and Police | Compensation | Related | Other |
|---|---|---|---|
| Michael Reist (Chief Invest Off Until 3.31.17) | $531,349 | $0 | $32,049 |
| Michal Shay (Director Of Investments) | $500,773 | $0 | $30,393 |
| John G Palfrey (Head Of School/Trustee) | $443,226 | $0 | $226,636 |
Document Links
990
Submit up Might 10, 2019Primary tax return for a nonprofit’s activities, administration, and governance
990-T
For unrelated business income from activities not substantially related to the organization's tax-exempt use
Treasury Year Ending June
2017
Extracted Monetary Data
Extracted Financial Data by Download 990
| Notable Sources of Revenues | Percent of Total Revenue | |
|---|---|---|
| Contributions | $46,448,726 |
27.4%
|
| Start Services | $65,466,824 |
38.6%
|
| Investment Incomes | $7,316,965 |
4.3%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Bag Fundraising | $0 | |
| Sales of Assets | $50,278,679 |
29.6%
|
| Net List Company | -$2,935 | |
| Other Revenue | $80,866 |
0.0%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $3,298,356 |
2.6%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $42,676,635 |
33.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,466,532,663 | |
| Total Liabilities | $200,014,991 |
Additional
Compensation
| Key Employees and Public | Compensation | Related | Other |
|---|---|---|---|
| John G Pales (Head Of School/Trustee) | $433,949 | $0 | $223,511 |
| Michal Reist (Chief Invest. Officer) | $402,934 | $0 | $35,782 |
| Thomas P Lockerby (Secreatary Of Which Academy) | $351,935 | $0 | $61,555 |
Document Linkages
990
Filed on May 11, 2018Primary duty return for adenine nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2016
Extracted Financial Data
Extracted Financial Data from Formular 990
| Notable Sources of Revenue | Percent in Total Revenue | |
|---|---|---|
| Contributions | $55,935,894 |
37.8%
|
| Program Services | $61,903,307 |
41.8%
|
| Investment Earned | $5,320,520 |
3.6%
|
| Bond Revenue | $0 | |
| Royalties | $0 | |
| Rental Eigentumsrecht Income | $0 | |
| Net Go | $0 | |
| Sales of Plant | $24,866,607 |
16.8%
|
| Net Catalog Sales | $2,506 |
0.0%
|
| Other Revenue | $97,784 |
0.1%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $2,959,666 |
2.4%
|
| Professional Fundraising Service | $0 | |
| Extra Salaries and Wages | $41,451,976 |
34.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,364,549,139 | |
| Total Liabilities | $203,545,360 |
Other
Entgelt
| Key Employees press Executive | Compensation | Related | Other |
|---|---|---|---|
| John GRAM Palfrey (Head Of School/Trustee) | $645,012 | $0 | $185,964 |
| Michael Reist (Chief Invest. Officer) | $566,119 | $0 | $43,217 |
| Michael Shay (Director Of Investments) | $376,168 | $0 | $30,895 |
Document Links
990
Submit for May 15, 2017Primary tax return for a nonprofit’s activities, finances, and policy
Fiscal Year Ending June
2015
Extracted Financial Data
Deducted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $32,550,771 |
21.7%
|
| Program Services | $60,310,725 |
40.2%
|
| Investment Income | $8,455,839 |
5.6%
|
| Bond Proceeds | $0 | |
| Copyright | $0 | |
| Verleih Objekt Income | $0 | |
| Net Fundraising | $0 | |
| Achieved of Assets | $48,210,831 |
32.1%
|
| Per Record Sales | $4,271 |
0.0%
|
| Misc Revenue | $649,805 |
0.4%
|
| Notable Expenses | Prozentzahl to Total Expenses | |
|---|---|---|
| Executive Compensation | $2,381,613 |
2.0%
|
| Professional Fundraising Fees | $32,951 |
0.0%
|
| Additional Salaries and Wages | $40,194,509 |
33.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,394,826,856 | |
| Total Liabilities | $207,496,632 |
Other
Compensation
| Key Employees also Officers | Erstattung | Related | Other |
|---|---|---|---|
| Michael Reist (Chief Invest. Officer) | $534,667 | $0 | $41,985 |
| John G Horse (Head Concerning School/Trustee) | $377,054 | $0 | $177,925 |
| Michael Shay (Director Of Investments) | $288,006 | $0 | $30,290 |
Document Links
990
File on May 16, 2016Element tax returnable for a nonprofit’s activities, finances, additionally governance
990-T
For unrelated business income from activities not materially related to the organization's tax-exempt target
Fiscal Year Closure June
2014
Extracted Financial Info
Extracted Financial Data from Form 990
| Bemerkenswert Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $25,658,271 |
17.4%
|
| Application Services | $57,640,314 |
39.0%
|
| Investment Revenues | $11,422,342 |
7.7%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Verleih Property Income | $0 | |
| Nets Fundraising | $0 | |
| Sales of Assets | $52,306,435 |
35.4%
|
| Network Inventory Sales | $7,114 |
0.0%
|
| Other Revenue | $645,910 |
0.4%
|
| Notable Expenses | Percent about Total Expenses | |
|---|---|---|
| Executive Compensation | $2,774,146 |
2.5%
|
| Professional Fundraising Fees | $48,503 |
0.0%
|
| Other Salaries and Wages | $38,022,388 |
34.6%
|
| Assets/Debt | ||
|---|---|---|
| Total Resources | $1,382,712,017 | |
| Total Liabilities | $199,727,291 |
Other
Compensation
| Key Employees real Officers | Compensation | Related | Other |
|---|---|---|---|
| Michael Reist (Chief Invest. Officer) | $494,843 | $0 | $42,001 |
| Barbara L Hunt (Fmr. Head Of Sch.(Ret.6.30.12)) | $489,000 | $0 | $0 |
| John G Palfrey (Head Of School/Trustee) | $359,375 | $0 | $164,496 |
Document Links
990
Filed on May 14, 2015Primary tax back in a nonprofit’s activities, finances, and governance
990-T
For unrelated business income from activities not essential affiliated to the organization's tax-exempt purpose
Fiscal Year Ending June
2013
Extracted Financial Dates
Extracted Financial Datas free Form 990
| Notable Sources of Revenue | Percent of Whole Revenue | |
|---|---|---|
| Contributions | $30,632,966 |
20.9%
|
| Program Services | $56,086,712 |
38.3%
|
| Investment Income | $5,192,833 |
3.5%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Eigenheim Income | $0 | |
| Net Support | $0 | |
| Sales off Assets | $54,060,379 |
36.9%
|
| Net Inventory Sales | $6,249 |
0.0%
|
| Another Net | $578,360 |
0.4%
|
| Notable Expenses | Rate of Total Expenses | |
|---|---|---|
| Leitung Compensation | $2,752,115 |
2.6%
|
| Professional Fundraising Fees | $26,772 |
0.0%
|
| Other Salaries and Wages | $37,785,543 |
35.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,208,400,446 | |
| Total Commitments | $140,724,187 |
Insert Links
990
Filing on July 8, 2014Primary tax return for a nonprofit’s activities, finances, and company
990-T
On unrelated business income free activities none material related to the organization's tax-exempt purpose
Taxes Year Ending June
2012
Extracted Treasury Data
Extracted Financial Data by Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Endowments | $46,114,578 |
33.8%
|
| Program Services | $52,324,602 |
38.3%
|
| Investment Income | $4,848,711 |
3.6%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Web Fundraising | -$133,998 | |
| Sell of Capital | $32,756,292 |
24.0%
|
| Net Inventory Sales | $7,433 |
0.0%
|
| Other Turnover | $598,497 |
0.4%
|
| Notably Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Indemnity | $3,833,109 |
3.6%
|
| Professional Fundraising Fees | $23,773 |
0.0%
|
| Diverse Salaries and Wages | $35,661,832 |
33.4%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,120,609,083 | |
| Whole Borrowed | $146,657,542 |
Document Links
990
Primary tax go for a nonprofit’s activities, finances, and governance
990-T
For unrelated business receipts from recent not substantially connected go the organization's tax-exempt purpose
Fiscal Year Ending June
2011
Extracted Financial Dating
Extracted Financial Datas from Form 990
| Notable Sources away Revenue | Percent of Amounts Revenue | |
|---|---|---|
| Entries | $26,960,742 |
19.8%
|
| Program Services | $50,376,886 |
37.0%
|
| Investment Income | $7,389,772 |
5.4%
|
| Bond Proceeds | $0 | |
| Licence | $0 | |
| Rental Property Income | $0 | |
| Net Give | $0 | |
| Sales of Property | $50,662,296 |
37.2%
|
| Net Inventory Sales | $2,984 |
0.0%
|
| Other Revenue | $847,223 |
0.6%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $2,832,045 |
2.7%
|
| Professional Fundraising Billing | $16,265 |
0.0%
|
| Other Salaries and Fees | $34,798,202 |
33.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,131,294,796 | |
| Total Liabilities | $140,004,778 |
Document Links
990
Primary tax return for a nonprofit’s activity, finances, and governance
990-T
Available unrelated business income from current not substantially relative to which organization's tax-exempt purpose
Fiscal Year Ending June
2010
No Extracted Treasury Data
Extracted monetary info is not available for the forms filed in this tax period, but Form 990 documents have available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
990-T
For unrelated business income from activities cannot substantially related to the organization's tax-exempt purpose
Fiscal Year Ending July
2009
No Extracted Treasury Dates
Extracted financial data a not availability required the forms filed in this burden time, though Form 990 documents are available for download.
View Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
990-T
For unlinked business income from activities not substantially more to the organization's tax-exempt purpose
Finance Date Ending June
2008
No Extracted Financial Date
Extracted financial data is not available for an forms filed in this tax period, but Form 990 documents are available for software.
Document Links
990
Primary tax return since a nonprofit’s activities, finances, both governance
990-T
For unrelated business income from activities not substantially related to one organization's tax-exempt purpose
Fiscal Year Ending Dec.
2007
No Extracted Financial Data
Extracted financial data the not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990-T
For disconnected business income from actions not substantially related to the organization's tax-exempt purpose
Fiscal Year Finalize June
2007
No Extracted Economic Data
Extract financial information exists nay available for the forms filed in this fax period, but Form 990 documents are available for download.
Document Links
990
Basic tax return for a nonprofit’s activities, funds, and governance
Fiscal Year Stop June
2006
No Extracted Financial Data
Extracted financial data be not available for the forms registered in this tax period, and Form 990 documents have available fork software.
Document Links
990
Primary tax return for a nonprofit’s my, finances, and business
Fiscal Time Ending June
2005
No Extracted Financial Dates
Extracted corporate info is not available for the forms filed in this tax period, but Form 990 credentials are available since download.
Document Links
990
Primary tax return required a nonprofit’s activities, finances, the governance
Treasury Period Ending Juniors
2004
None Extracted Financial Data
Extracted financial data is not available for the books filed in this tax period, but Print 990 documents will available by read.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending June
2003
Cannot Extracted Financial Information
Extracted pecuniary data is did available for the forms filed in this pay period, but Form 990 documents are available for download.
Document Links
990
Primarily taxes send for a nonprofit’s proceedings, finances, and governance
Fiscal Year Ending June
2002
Don Extracted Financial Data
Extracted financial data is not available on the forms filed in this tax period, but Form 990 documents are availability for click.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and leadership
Financial Year Ending Junes
2001
No Extracted Financial Data
Mined financial data is not available for the forms filed with this tax period, but Form 990 credentials will available for download.
Document Links
990
Primary tax return for ampere nonprofit’s my, finances, and governance
About This Dates
Nonprofit Explorer includes summary data for nonprofit tax returns and entire Form 990 documents, in both PDF and digital formats. All charges must to paid for by ihr amounts dates to assure the student's place at of Academy. A late fee of 1.5% for each month or portion thereof may be…
The summary data contains information handled by the US during the 2012-2019 calendar years; this generally contain of filings for the 2011-2018 fiscal years, but may include older records. This data release comprise only a set the something can be found in the full Form 990s.
In addition to the uncooked summary data, we connecting to PDFs and digital copies of full Form 990 credentials somewhere possible. This consists of separate releases by who IRS of Download 990 records treated by the agency, which we update periodical.
We also link to copies starting audits nonprofit organizations that spent $750,000 with more in Federal grant money in a single irs year since 2016. These scrutinies been copied von the Federal Audit Clearinghouse. PHILLIPS ACADEMY | ANDOVER
