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Belmont HILL School INC

Public charity990-T FY2023
DBA: % BELMONT HILL SCHOOL INC
Other · BELMONT, MA · EIN 04-2103870

About

Belmont Hill School educates boys in mind, body, and spirit to develop men of good character. Our community encourages and challenges students to discover and pursue passions, seek excellence and face adversity with resilience. We cultivate critical thinking and creativity, teamwork and competition, hard work and reflections, tradition and innovation. Valuing our differences and working together, we embrace camaraderie, compassion, and service to others. Our school strives to instill in each boy ethical judgment, a sense of common humanity, and lifelong love of learning.

In care of Belmont HILL School INC

Donations are tax-deductible
Category
Other
Employees
260
Volunteers
300

Financial Snapshot

FY ending 2024-06-30
Revenue
$53.5M
Expenses
$43.1M
Assets
$269.5M
Liabilities
$45.3M

Financial history

$53.5M$26.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $53.5M · Avg: $41.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$7.6M
BELMONT HILL SCHOOL INC
Your actions

Address

350 Prospect ST
Belmont, MA, 02478-265

Governance

Voting board members35
Independent members34
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %84.7%
Permanent endowment %12.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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