Overview
What is Belmont Hill School Inc?
Belmont Hill School Inc is a nonprofit institution located at 350 Prospect Street, Belmont, Massachusetts, with a staff of 274 employees. Their mission is to foster the growth of young boys, both mentally, physically, and spiritually, instilling strong moral values, and encouraging hard work and a passion for learning. The school culture emphasizes the importance of teamwork, competition, and creativity while respecting tradition and embracing innovation. Belmont Hill School welcomes students from diverse backgrounds and experiences, nurturing critical thinking, and developing men of good character. Their curriculum provides students with a strong foundation, balancing structure and flexibility, to prepare them for the complexities of modern society and instill a lifelong love of learning.
Official website here: www.belmonthill.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Belmont Hill School Inc has achieved a high score of 96% on Charity Navigator, reflecting strong accountability and financial practices. The organization has an independent board with 97% of members being independent, which enhances its governance. Additionally, the financial oversight is robust, as evidenced by the absence of material diversion of assets and strong program expense ratios.
However, user feedback from Great Nonprofits highlights a significant concern regarding the compensation of the school's head, Richard Melvoin. A review pointed out that his salary of $588,354 is perceived as excessive compared to similar positions at prestigious institutions. Furthermore, the suggestion that parents donate to name a building after him raised questions about the board's priorities and transparency.
Overall, while Belmont Hill School Inc demonstrates strong financial health and governance measures, it faces criticism regarding leadership compensation and community engagement in financial decisions.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Belmont Hill School Inc legitimate?
Belmont Hill School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Hill School 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: $1,221,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,529,105
For more financial information, click here
Official website here: www.belmonthill.org
What is the mission statement of Belmont Hill School Inc?
Belmont Hill School is dedicated to shaping the next generation of young men by focusing on their intellectual, physical, and emotional growth. The educational community encourages students to explore their passions, strive for excellence, and confront challenges with resilience. Critical thinking and creativity, teamwork and competition, diligence, and reflection are all essential skills fostered at the school. By valuing diversity and collaboration, Belmont Hill School cultivates camaraderie, compassion, and a commitment to serving others. Its ultimate goal is to instill in each student a strong moral compass, a sense of shared humanity, and an enduring love for learning.
Official website here: www.belmonthill.org
Who is the CEO of Belmont Hill School Inc?
Jay Bounty is the Ronald M. Druker'62 Head Of School-Secretary of Belmont Hill School Inc.
Official website here: www.belmonthill.org
What is the revenue of Belmont Hill School Inc?
Belmont Hill School Inc's revenue in 2022 was $47,510,938.
Official website here: www.belmonthill.org
Who are the executives of Belmont Hill School Inc and what are their salaries?
The average compensation at Belmont Hill School Inc during 2022 was $46,534. There are 274 employees and 300 volunteers at Belmont Hill School Inc.
Here are 41 key members and their salaries:
- Compensation: $464,153
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- Other: $227,805
- Compensation: $354,251
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- Other: $45,281
- Compensation: $319,108
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- Other: $49,492
- Compensation: $212,785
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- Other: $90,066
- Compensation: $186,787
- Related: $0
- Other: $45,405
- Compensation: $168,859
- Related: $0
- Other: $50,604
- Compensation: $180,552
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- Other: $34,999
- Compensation: $155,449
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Official website here: www.belmonthill.org
Where can I find the form 990 for Belmont Hill School Inc?
Belmont Hill School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmonthill.org
Learn more at the official website: www.belmonthill.org
Mission Statement of Belmont Hill School Inc
Belmont Hill School, an esteemed educational institution, is dedicated to nurturing young boys into men of good character. The school fosters an environment that encourages and challenges students to explore their passions, strive for excellence, and face adversity with resilience. Belmont Hill School believes in cultivating essential skills such as critical thinking and creativity, teamwork and competition, hard work, and reflection.
Moreover, the school places great importance on tradition and innovation, embracing both to create a well-rounded educational experience. Valuing differences and promoting camaraderie, compassion, and service to others is a central tenet of Belmont Hill School's philosophy. The institution seeks to instill in each student a strong ethical judgment, a sense of common humanity, and a lifelong love of learning.
In essence, Belmont Hill School provides a transformative educational experience, shaping young boys into confident, compassionate, and ethically grounded men. Through a rigorous academic curriculum and a nurturing community, the school fosters an environment that encourages personal growth, intellectual curiosity, and character development.
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Impact
October, 2024
Belmont Hill School Inc profoundly impacts its students and the broader community through a holistic education that develops boys in mind, body, and spirit. The school fosters an environment that balances challenge and support, aimed at instilling strong moral values and a sense of responsibility towards oneself and the community.
At Belmont Hill, students are encouraged to pursue their passions and strive for excellence while facing adversity with resilience. This commitment to personal growth is complemented by a culture of critical thinking, creativity, teamwork, and competition, ensuring that students are well-prepared for the complexities of modern society.
The school’s curriculum emphasizes a traditional framework of academic excellence, which not only enhances the educational experience but also nurtures a lifelong love of learning. Students are equipped with the skills and values necessary to approach future challenges with confidence and integrity. Embracing differences and celebrating diversity, Belmont Hill emphasizes camaraderie and compassion, inspiring students to engage in service to others and to work collectively for the betterment of the world.
By forging strong bonds among students and teachers through shared commitment in various settings—from classrooms to playing fields—the school cultivates an inclusive and vibrant community. This comprehensive approach to education not only shapes the character of its students but also positively contributes to the moral and social fabric of the community in Belmont, MA, and beyond.
This information is meant to be a general summary of Belmont Hill School 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: $8,995,935
- Program Service Revenue: $26,243,933
- Gross Receipts: $68,636,037
Assets and Liabilities:
- Total Assets: $216,719,471
- Total Liabilities: $40,827,288
- Net Assets: $175,892,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$25,764,759
Summer Programs
Revenue
$445,684
Student Activities
Revenue
$33,490
Organization Details
Founding Year
1923
Phone
(617) 484-4410Principal Officer
Jay Bounty
Main Address
350 Prospect Street, Belmont, MA, 024782662
Website
www.belmonthill.orgNTEE Category
Code: B250 - Education
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