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Oak Hill Academy

Lincroft, NJ · EIN 22-2365651 · 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

Oak Hill Academy reported $10.6 million in revenue and $9.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.93 went to program services, $15.65 to management and general costs and $0.42 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.9% of the total. The highest compensation it reported for one person was $326,369 (Head of School/Trustee). 8 people received more than $100,000 in reportable compensation. Revenue rose 65% 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 $9.3M

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 $11M

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)
83.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%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
2.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$326,369$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.51%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19.813.3
Independent voting board members
Part VI 1a–1b
5 of 9100.0%

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
$7.8M expenses · 100.0% of program spending · grants $1.1M · revenue $10.0M

Nonsectarian, independent school providing elementary education for girls and boys in grades pre-kindergarten through eight. 350 students were enrolled for the 24-25 school year

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/Trustee
Director/trustee, officer, 50.00 hrs/week
$313,584$0$12,785$326,369
Director of Personnel/Adm
Director/trustee, key employee, 50.00 hrs/week
$195,595$0$458$196,053
Director of Facilities & Security
Highest compensated employee, 50.00 hrs/week
$169,891$0$9,783$179,674
Director of Finance/Trustee
Director/trustee, key employee, 45.00 hrs/week
$150,050$0$9,177$159,227
Director of Programs & Enrollment/Trustee
Director/trustee, officer, key employee, 50.00 hrs/week
$141,035$0$9,177$150,212
Administrator
Highest compensated employee, 40.00 hrs/week
$123,477$0$0$123,477
Maintenance
Highest compensated employee, 40.00 hrs/week
$100,261$0$9,177$109,438
Business Manager
Highest compensated employee, 40.00 hrs/week
$100,098$0$0$100,098

8 people received more than $100,000 in reportable compensation from Oak Hill Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $814K (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$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$9.3M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$9.3M83.9%$15M$326,369
FY2024 ⓘ$10M$9.1M84.4%$14M$312,000
FY2023 ⓘ$9.7M$8.6M84.5%$13M$296,916
FY2022 ⓘ$9.1M$7.9M84.1%$11M$276,782
FY2021 ⓘ$7.0M$6.7M82.3%$11M$268,032
FY2020 ⓘ$6.4M$6.3M80.3%$9.2M$279,368

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–1b9 · 5 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 2Yes
  • 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 14bNo
  • Employees Part I, line 5119
  • Volunteers Part I, line 645

Correct a figure or respond

Every number above is copied from Oak Hill 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 Oak Hill Academy, you can publish a response that is linked from this page.

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Questions people ask

How much of Oak Hill Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Oak Hill Academy reported that 83.9% of its $9.3 million in expenses went to program services, 15.7% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Oak Hill Academy pay its top executive?

The largest total compensation Oak Hill Academy reported for one person in the fiscal year ending June 30, 2025 was $326,369, for the role of Head of School/Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Oak Hill Academy get its money?

Of $10.6 million in revenue in the fiscal year ending June 30, 2025, 2.6% came from contributions and grants (including 1.4% from government grants) and 92.9% from program service revenue (Form 990, Part VIII).

Is Oak Hill Academy a registered charity?

The IRS lists EIN 22-2365651 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 202522909349300532 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202412749349300341 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202312789349300411 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202212779349300531 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202122749349300607 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202012759349300846 · read the filing

All filings for EIN 22-2365651: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.