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ST Marks School of Southborough INC

Public charity990-T FY2023
DBA: % JACK CLEMENS
Other · SOUTHBOROUGH, MA · EIN 04-2103623

About

Refer to schedule o, page 67

In care of JACK Clemens

Donations are tax-deductible
Category
Other
Employees
258
Volunteers
10

Financial Snapshot

FY ending 2023-06-30
Revenue
$40.3M
Expenses
$43.0M
Assets
$253.2M
Liabilities
$62.1M

Financial history

$43.0M$21.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $40.3M · Avg: $30.9M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$5.7M
ST MARKS SCHOOL OF SOUTHBOROUGH INC
Your actions

Address

25 Marlborough RD PO BOX 9105
Southborough, MA, 01772-120

Governance

Voting board members37
Independent members36
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 %11.8%
Permanent endowment %88.2%
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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