Overview
What is St Mark's School Of Southborough Inc?
St. Mark's School of Southborough Inc is a nonprofit institution based in Southborough, inspiring young minds for lives of leadership and service. Founded in 1865 as a residential community, the school encourages students to discover and nurture their unique analytical and creative abilities. Through a combination of academic and spiritual inspiration, the students' curiosity and passion for learning are ignited. St. Mark's values cooperation over self-interest and encourages exploration of one's role in the broader world beyond the campus.
Official website here: www.stmarksschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
St. Mark's School of Southborough Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of transparency and financial health. The overall score is derived from a comprehensive assessment of Accountability & Finance, where the organization excelled, especially with a perfect score in several key areas such as independent board member composition and audit oversight.
The organization demonstrates strong governance practices, highlighted by having 97% of its board members as independent. Additionally, it maintains solid financial management with a low liabilities-to-assets ratio of 24.52% and a robust program expense ratio of 74.52%, which suggests that the majority of its resources are directed toward fulfilling its mission rather than administrative costs.
While the charity showcases significant strengths in accountability and finance, it is important for potential donors and stakeholders to remain informed about the organization's overall impact and specific program outcomes, as these factors are not reflected in the rating alone.
This AI summary has been generated from information found on Charity Navigator.
Is St Mark's School Of Southborough Inc legitimate?
St Mark's School Of Southborough Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mark's School Of Southborough Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $432,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,700,535
For more financial information, click here
Official website here: www.stmarksschool.org
What is the mission statement of St Mark's School Of Southborough Inc?
St. Mark's School of Southborough Inc inspires and nurtures young people to lead and serve, instilling in them a strong sense of curiosity and a passion for discovery. Founded in 1865 as a small residential community, the school encourages students to develop their unique analytical and creative abilities. Through a combination of academic and spiritual inspiration, St. Mark's fosters an environment that values cooperation over self-interest. Students are encouraged to explore their place in the world beyond the campus and make a positive impact.
Official website here: www.stmarksschool.org
Who is the CEO of St Mark's School Of Southborough Inc?
Francisco J Lopez-Balboa is the Trustee of St Mark's School Of Southborough Inc.
Official website here: www.stmarksschool.org
What is the revenue of St Mark's School Of Southborough Inc?
St Mark's School Of Southborough Inc's revenue in 2022 was $31,914,051.
Official website here: www.stmarksschool.org
Who are the executives of St Mark's School Of Southborough Inc and what are their salaries?
The average compensation at St Mark's School Of Southborough Inc during 2022 was $52,743. There are 249 employees and 10 volunteers at St Mark's School Of Southborough Inc.
Here are 42 key members and their salaries:
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Official website here: www.stmarksschool.org
Where can I find the form 990 for St Mark's School Of Southborough Inc?
St Mark's School Of Southborough Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmarksschool.org
Learn more at the official website: www.stmarksschool.org
Mission Statement of St Mark's School Of Southborough Inc
St. Mark's School of Southborough, a prestigious educational institution founded in 1865, is dedicated to nurturing young people into capable leaders and selfless servants. The school's mission goes beyond academics, inspiring students to explore their unique analytic and creative abilities. By fostering both academic and spiritual curiosity, St. Mark's School energizes its students' passion for discovery.
In this intimate residential community, cooperation is favored over self-interest, and students are encouraged to broaden their perspective and understand their role in the larger world beyond the school campus. The School's founders believed in the power of education to shape the future, and their vision continues to inspire generations of students. St. Mark's School challenges its students to develop their critical thinking skills and artistic talents, enabling them to make a positive impact on society.
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Impact
October, 2024
St. Mark's School of Southborough Inc significantly influences the lives of its students and the broader community by fostering a culture of leadership and service. Established in 1865, it provides a unique residential environment where young people are encouraged to cultivate their analytical and creative skills. The school's commitment to inspiring academic and spiritual curiosity goes beyond traditional education, as it ignites a passion for discovery that equips students to navigate the complexities of the modern world.
By prioritizing cooperation over self-interest, St. Mark's School emphasizes the importance of community and belonging. Students are not only prepared for academic success but also for meaningful engagement in the larger world. This holistic approach shapes individuals who are conscious of their roles in society and nurture a dedication to leadership that extends well beyond graduation. The school's impact is palpable in the development of thoughtful, engaged citizens committed to making a difference in their communities and beyond.
This information is meant to be a general summary of St Mark's School Of Southborough Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$2,235,544
- Program Service Revenue: $24,278,385
- Gross Receipts: $34,422,470
Assets and Liabilities:
- Total Assets: $236,787,459
- Total Liabilities: $50,949,382
- Net Assets: $185,838,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$24,278,385
Organization Details
Founding Year
1865
Phone
(508) 786-6000Principal Officer
Francisco J Lopez-Balboa
Main Address
25 MARLBOROUGH ROAD, SOUTHBOROUGH, MA, 01772
Website
www.stmarksschool.orgNTEE Category
Code: B250 - Education
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