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Belmont Day School

Belmont, MA · EIN 04-2108347 · 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

Belmont Day School reported $23.4 million in revenue and $20.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.97 went to program services, $15.49 to management and general costs and $3.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.4% of the total. The highest compensation it reported for one person was $430,273 (HEAD OF SCHOOL). 28 people received more than $100,000 in reportable compensation. Revenue rose 49% 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 $21M

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 $23M

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)
81.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.20$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
15.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
81.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$430,273$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.08%1.28%
People paid over $100,000
Part VII, line 2
288
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.813.3
Independent voting board members
Part VI 1a–1b
17 of 19100.0%

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
$15M expenses · 87.0% of program spending · grants $2.7M · revenue $16M

Winter session - the school educates approximately 339 children from pre-kindergarten through the eighth grade. Its curriculum includes reading, writing, mathematics, science, art, music, french, latin, spanish, and physical education

$1.6M expenses · 9.7% of program spending · grants $90,764 · revenue $2.6M

Summer session - the school operates a summer session and swim and tennis club during the various weeks of the summer. Approximately 934 children attend summer session

$556K expenses · 3.3% of program spending · grants $120K · revenue $571K

The external programs provide 144 children with a safe, structured environment after the School Day, with programs that support and challenge the intellectual, social, emotional, creative and physical growth of each child. In addition, 63 children participated in vacation camps in february and april

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
Director/trustee, officer, 40.00 hrs/week
$410,895$0$19,378$430,273
BUSINESS MANAGER
Highest compensated employee, 40.00 hrs/week
$194,949$0$11,863$206,812
DIR. OF ADMISSIONS & ADVANCEMENT
Key employee, 40.00 hrs/week
$166,365$0$33,453$199,818
MIDDLE SCHOOL HEAD
Highest compensated employee, 40.00 hrs/week
$131,483$0$31,845$163,328
DIRECTOR OF INNOVATION
Highest compensated employee, 40.00 hrs/week
$153,489$0$9,146$162,635
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$123,468$0$31,288$154,756
DIRECTOR OF COMMUNICATIONS
Highest compensated employee, 40.00 hrs/week
$121,716$0$18,014$139,730
CFO A/O 8/26/24
Officer, 40.00 hrs/week
$80,551$0$4,188$84,739

28 people received more than $100,000 in reportable compensation from Belmont Day School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $925K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$23M$21M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$23M$21M81.0%$36M$430,273
FY2024 ⓘ$20M$19M81.4%$31M$412,224
FY2023 ⓘ$18M$18M80.8%$30M$387,027
FY2022 ⓘ$17M$17M83.5%$29M$376,149
FY2021 ⓘ$15M$16M84.7%$30M$356,621
FY2020 ⓘ$16M$15M84.7%$29M$354,225

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–1b19 · 17 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 11aNo
  • 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5341
  • Volunteers Part I, line 675

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SYSCO BOSTON LLC
Food distribution services
$199,737
COMPASS FACILITY SERVICES
Cleaning services
$192,178
DOHERTY'S GARAGE INC
Student transportation
$118,435
DEBONAIR LIMOUSINE LLC
Student transportation
$101,125

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

13 private foundations reported grants to Belmont Day School totaling $47,306 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 Belmont Day School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Belmont Day School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Belmont Day School's spending goes to programs?

In the fiscal year ending June 30, 2025, Belmont Day School reported that 81.0% of its $20.7 million in expenses went to program services, 15.5% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does Belmont Day School pay its top executive?

The largest total compensation Belmont Day School reported for one person in the fiscal year ending June 30, 2025 was $430,273, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Belmont Day School get its money?

Of $23.4 million in revenue in the fiscal year ending June 30, 2025, 15.3% came from contributions and grants and 81.4% from program service revenue (Form 990, Part VIII).

Is Belmont Day School a registered charity?

The IRS lists EIN 04-2108347 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 202513079349301571 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202413059349301041 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323109349303357 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213189349302166 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113169349304801 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003039349301665 · read the filing

All filings for EIN 04-2108347: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.