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Proctor Academy

Andover, NH · EIN 02-0222179 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Proctor Academy reported $43.4 million in revenue and $36.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.27 went to program services, $14.10 to management and general costs and $3.63 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 70.7% of the total. The highest compensation it reported for one person was $290,982 (HEAD OF SCHOOL THROUGH 6/30/24). 5 people received more than $100,000 in reportable compensation. Revenue rose 38% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $37M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $43M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.14$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
22.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
70.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$290,982$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.79%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.813.3
Independent voting board members
Part VI 1a–1b
25 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$30M expenses · 100.0% of program spending · grants $7.0M · revenue $31M

Educating approximately 390 students taught by 90 faculty and specialists in 180 school days and in 3 trimesters

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL THROUGH 6/30/24
Officer, 40.00 hrs/week
$272,469$0$18,513$290,982
DIRECTOR OF ENROLLMENT & M
Highest compensated employee, 40.00 hrs/week
$151,260$0$46,331$197,591
CHIEF FINANCIAL AND OPERATIONS OFFICER
Officer, 40.00 hrs/week
$154,298$0$37,968$192,266
INTM. HEAD OF SCHOOL 7/1/24 - 6/30/25
Officer, 40.00 hrs/week
$176,270$0$1,270$177,540
CHIEF STRATEGY AND COMM
Highest compensated employee, 40.00 hrs/week
$129,102$0$39,022$168,124

5 people received more than $100,000 in reportable compensation from Proctor Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $580K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$43M$37M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$43M$37M82.3%$82M$290,982
FY2024 ⓘ$39M$35M77.4%$74M$334,492
FY2023 ⓘ$34M$33M78.4%$68M$348,398
FY2022 ⓘ$32M$31M86.6%$64M$319,222
FY2021 ⓘ$33M$30M84.8%$68M$455,687
FY2020 ⓘ$32M$29M85.6%$61M$447,160

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 25 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5365
  • Volunteers Part I, line 6325

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MINUTEMAN SECURITY TECHNOLOGIES INC
Campus-wide lock system installation
$423,718
LAVALLEE BRENSINGER ARCHITECTS
Architectural design
$421,932
SEA EDUCATION ASSOCIATION INC
Ocean classroom voyage program fee
$414,500
GW TATRO CONSTRUCTION INC
Installation of snowmaking piping
$253,266
GRANITE STATE PLUMBING & HEATING LLC
Hvac installations and repairs
$243,550

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

58 private foundations reported grants to Proctor Academy totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Proctor Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Proctor Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Hampshire

Questions people ask

How much of Proctor Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Proctor Academy reported that 82.3% of its $36.6 million in expenses went to program services, 14.1% to management and general and 3.6% to fundraising (Form 990, Part IX).

How much does Proctor Academy pay its top executive?

The largest total compensation Proctor Academy reported for one person in the fiscal year ending June 30, 2025 was $290,982, for the role of HEAD OF SCHOOL THROUGH 6/30/24 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Proctor Academy get its money?

Of $43.4 million in revenue in the fiscal year ending June 30, 2025, 22.6% came from contributions and grants and 70.7% from program service revenue (Form 990, Part VIII).

Is Proctor Academy a registered charity?

The IRS lists EIN 02-0222179 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621349349307842 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349304635 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303199349318445 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349304889 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211309349303856 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349305598 · read the filing

All filings for EIN 02-0222179: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.