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Bancroft School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042103861 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Bancroft School?

Bancroft School is an independent, coeducational day school located at 110 Shore Drive in Worcester, Massachusetts, with a student population of approximately 400. Inspired students, an excellent faculty, and engaged families thrive in its diverse, safe, and supportive community. Bancroft offers a comprehensive, caring, and creative curriculum and extracurricular program that fosters a unique experience of excellence for each student. As a college preparatory institution, it provides students from pre-kindergarten to grade 12 with the opportunity to discover their passions and embrace the moral and ethical challenges of being lifelong learners, teachers of others, and citizens of a complex global community. The organization's mission is to prepare talented, well-qualified, and motivated college-bound students to pursue and realize their academic, personal, and social potential. Bancroft currently employs a team of 229 individuals.


Official website here: www.bancroftschool.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% - Four-Star out of Four Star rating

Bancroft School has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored exceptionally well in all evaluated areas, particularly in its independent board governance and the absence of material diversion of assets, which highlights its commitment to transparency and effective management practices.

The nonprofit operates with a robust financial structure, evidenced by a significant program expense ratio of 77.06%, indicating that a large portion of its resources is directed toward its programs rather than administrative costs. The organization is well-governed, with a completely independent board and comprehensive policies in place for conflict of interest and whistleblower protections, ensuring ethical oversight.

There are no noted limitations in the available data, which further reinforces Bancroft School's strong reputation as a responsible and effective nonprofit. Overall, the organization exemplifies best practices in charity management, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Bancroft School?

98% of 32 reviewers on Facebook recommend Bancroft School. Here is a summary of their reviews:

Many former students express deep affection for their time at Bancroft, highlighting the memorable experiences and positive memories they gained during their schooling. The overall sentiment showcases a strong appreciation for the school's environment and the education received.

In essence, Bancroft School appears to have made a significant impact on its students, fostering a supportive and enjoyable learning atmosphere that leaves a lasting impression.


This AI summary has been generated from reviews found on Facebook.

Is Bancroft School legitimate?

Bancroft School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bancroft School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,217,783

For more financial information, click here


Official website here: www.bancroftschool.org

What is the mission statement of Bancroft School?

Bancroft School is a coeducational, college-preparatory day institution dedicated to the growth and development of talented, motivated students in pre-kindergarten through grade 12. The organization offers a comprehensive, caring, and creative curriculum and extracurricular program designed to help each student thrive. With inspired teachers and engaged families, Bancroft creates an environment of excellence where students can discover their passions and learn to confidently and responsibly face the moral and ethical challenges of being lifelong learners, teachers of others, and citizens of a complex global community. Approximately 400 students attend Bancroft, fostering a diverse, safe, and supportive community.


Official website here: www.bancroftschool.org

Who is the CEO of Bancroft School?

Timothy Saburn is the Trustee of Bancroft School.


Official website here: www.bancroftschool.org

What is the revenue of Bancroft School?

Bancroft School's revenue in 2022 was $19,220,452.


Official website here: www.bancroftschool.org

Who are the executives of Bancroft School and what are their salaries?

The average compensation at Bancroft School during 2022 was $31,519. There are 229 employees at Bancroft School.


Here are 25 key members and their salaries:


Mary Halpin Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Condon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Dobson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fahlstrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elvisi Mena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Onffroy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Herron Truesdell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Walton Bowen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Wambui (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Zujewski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheena Sharma (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanne Choate (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Sullivan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Colinvaux (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Duggan (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Palermo (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Padgett Berthiaume (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khurston Ellia-Epple (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Janhunen (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Richman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warner Fletcher (Honorary Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Mcdonough (Honorary Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Chang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Cassidy Iii (Head Of School (Former))
  • Compensation: $256,858
  • Related: $0
  • Other: $66,975
Matthew Ganas (Head Of Middle School)
  • Compensation: $170,066
  • Related: $0
  • Other: $3,006


Official website here: www.bancroftschool.org

Where can I find the form 990 for Bancroft School?

Bancroft School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bancroftschool.org

Learn more at the official website: www.bancroftschool.org

Mission Statement of Bancroft School

Bancroft School, an independent, coeducational college-preparatory day school, is dedicated to nurturing talented, well-qualified, and motivated college-bound students from pre-kindergarten to grade 12. The organization's mission is to help these students realize their academic, personal, and social potential.

At Bancroft, students are provided with a comprehensive, caring, and creative curriculum and extracurricular program that fosters an environment of excellence. Inspired students, a superior faculty, and engaged families thrive in the diverse, safe, and supportive community. Bancroft offers opportunities for students to discover their passion in life and learn to embrace confidently and responsibly the moral and ethical challenges of being lifelong learners, teachers of others, and citizens of an increasingly complex global community.

Approximately 400 students attend Bancroft, where they are afforded the chance to explore their unique abilities and strengths. The school provides a nurturing environment that encourages students to grow both academically and personally, preparing them for success in higher education and beyond. Bancroft's mission is to foster well-rounded individuals who are equipped with the knowledge and skills necessary to make a positive impact on the world.

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Impact




October, 2024

Bancroft School has a significant impact on its students and the broader community by providing a comprehensive, college preparatory education in a coeducational environment. The school's emphasis on a caring and creative curriculum, combined with robust extracurricular programs, creates an enriching experience that fosters excellence among approximately 400 students.

At Bancroft, students are inspired to discover their passions and are encouraged to develop the skills necessary to navigate the moral and ethical challenges of contemporary life. The school's focus on nurturing well-rounded individuals prepares them not only for academic success but also for their roles as responsible citizens in a complex global community. Engaged families and a superior faculty contribute to a diverse, safe, and supportive atmosphere where students can thrive both personally and academically.

Ultimately, Bancroft School is dedicated to cultivating lifelong learners who are equipped to become teachers of others, empowering them to make meaningful contributions to society. Its commitment to education promotes a culture of aspiration and achievement that resonates far beyond the classroom, influencing the future paths of its graduates and enhancing the community in Worcester, MA.




This information is meant to be a general summary of Bancroft School. 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.

Revenue
$19,220,452 (2022)
Expenses
$20,109,315 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,960,028
  • Program Service Revenue: $15,320,764
  • Gross Receipts: $19,958,807

Assets and Liabilities:

  • Total Assets: $37,885,858
  • Total Liabilities: $12,356,455
  • Net Assets: $25,529,403

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$15,320,764

Organization Details

Founding Year

1902

Principal Officer

Timothy Saburn

Main Address

110 SHORE DRIVE, WORCESTER, MA, 01605

NTEE Category

Code: B250 - Education

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