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The Fay School Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042103573 ✦ Southborough, MA ✦ Designated as a 501(c)(3)

Overview

What is The Fay School Inc?

The Fay School Inc, located at 48 Main Street in Southborough, Massachusetts, is a nonprofit organization dedicated to providing formal education for students in kindergarten through grade nine in both day and boarding settings. Established in 1866, the school focuses on nurturing each child's potential by offering a comprehensive, challenging program that lays the groundwork for a meaningful life. The institution's core values include academic excellence, honorable conduct, dedicated service, earnest effort, and wellness of mind, body, and spirit. With an emphasis on intellectual, aesthetic, physical, social, and emotional growth, Fay School teaches essential skills such as reading, writing, speaking, reasoning, and questioning. The loving learning environment encourages students to be curious, creative, and open to new ideas while supporting them in taking risks and learning from mistakes. The school's dedicated teachers get to know students as individuals, helping them understand and accept their unique challenges and strengths as learners. Honesty, respect, responsibility, empathy, and kindness inform the conduct at Fay School, which is an inclusive community that celebrates human diversity. The organization employs 273 individuals to support its mission.


Official website here: www.fayschool.org

Is The Fay School Inc legitimate?

The Fay School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fay School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,085,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,683,424

For more financial information, click here


Official website here: www.fayschool.org

What is the mission statement of The Fay School Inc?

The Fay School Inc is dedicated to nurturing each child's potential through a broad, balanced, and challenging program. This comprehensive education establishes the foundation for a meaningful life. The institution values academic excellence, honorable conduct, dedicated service, earnest effort, and wellness of mind, body, and spirit. Fay School empowers students to discover their talents, develop intellectual abilities, and establish essential academic skills and knowledge. Emphasis is placed on essential skills, such as reading, writing clearly and coherently, reasoning soundly, and questioning thoughtfully. Fay's safe and supportive environment encourages students to take risks, learn from mistakes, and grow within high expectations. Teachers know their students as individuals and help them understand and accept their challenges and strengths. The school's conduct is based on honesty, respect, responsibility, empathy, and kindness. Fay is an inclusive community that recognizes, respects, and celebrates human diversity, preparing students to lead productive and fulfilling lives that make a positive difference in the world.


Official website here: www.fayschool.org

Who is the CEO of The Fay School Inc?

Robert Gustavson is the Head Of School of The Fay School Inc.


Official website here: www.fayschool.org

What is the revenue of The Fay School Inc?

The Fay School Inc's revenue in 2022 was $32,779,683.


Official website here: www.fayschool.org

Who are the executives of The Fay School Inc and what are their salaries?

The average compensation at The Fay School Inc during 2022 was $43,111. There are 273 employees and 100 volunteers at The Fay School Inc.

Here are 28 key members and their salaries:

    Robert Gustavson (Head Of School)
  • Compensation: $545,704
  • Related: $0
  • Other: $182,929

    • Diane Byrne (Ass'T Head Of School For F)
  • Compensation: $268,775
  • Related: $0
  • Other: $71,395

    • Robert Crawford (Director Of Advancement)
  • Compensation: $205,637
  • Related: $0
  • Other: $113,883

    • Elizabeth Whitney (Director Of Admission)
  • Compensation: $162,743
  • Related: $0
  • Other: $97,343

    • Steven Jensen (Director Of Innovation)
  • Compensation: $147,089
  • Related: $0
  • Other: $54,050

    • Katherine Knuppel (Head Of Primary School & Dir Of Elc)
  • Compensation: $135,376
  • Related: $0
  • Other: $47,353

    • Sarah Remsberg (Head Of Upper School)
  • Compensation: $138,257
  • Related: $0
  • Other: $41,235

    • Peter Bauer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Bois (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eleanor Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Curtis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brendon Giblin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather R Girolamo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noreen Harrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jae Hoon Kim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Laquerre (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Lin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Loud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Lu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara R Mars (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Mooraj (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Picardi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James P Shay (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Simon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur Ting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faith Wallace-Gadsden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fayschool.org

    Where can I find the form 990 for The Fay School Inc?

    The The Fay School Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fayschool.org

    Learn more at the official website: www.fayschool.org

    Mission Statement of The Fay School Inc

    The Fay School Inc, a renowned institution for instruction and education, is committed to nurturing each child's potential through a broad, balanced, and challenging program that sets the foundation for a meaningful life. Established in 1866, this co-ed day and boarding school for students in kindergarten through grade nine, along with an early learning center for children ages 2.9 to 5, is built on five core values: academic excellence, honorable conduct, dedicated service, earnest effort, and wellness of mind, body, and spirit.

    In a safe and supportive environment, The Fay School Inc empowers students to discover their talents and develop intellectual abilities. Teachers know their students as individuals and help them recognize and develop their intellectual, aesthetic, physical, social, and emotional capabilities. The school emphasizes the importance of essential skills, including reading well, writing and speaking clearly, reasoning soundly, questioning thoughtfully, and studying effectively. These skills enable students to lead, collaborate, create, and solve problems. The love of learning unites the community, and students are encouraged to be curious, creative, and open to new ideas.

    High expectations regarding academic performance and ethical conduct encourage students to learn from mistakes within a context of honesty, respect, responsibility, empathy, and kindness. As an inclusive community, The Fay School Inc recognizes, respects, and celebrates the full range of human diversity. In all these ways, The Fay School Inc prepares its students to lead productive and fulfilling lives that make a positive difference in the world.

    Impact

    This information is meant to be a general summary of The Fay School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Fay School Inc, through its broad, balanced, and challenging program, has a significant impact on the education and development of its students. With a focus on academic excellence, honorable conduct, dedicated service, earnest effort, and wellness of mind, body, and spirit, Fay School empowers students to discover their talents, develop their intellectual abilities, and define their moral character. By providing a safe and supportive environment where students are encouraged to take risks, learn from mistakes, and embrace high expectations for academic performance and ethical conduct, Fay School prepares students to lead productive and fulfilling lives that make a positive difference in the world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,099,321
  • Program Service Revenue: $25,815,824
  • Gross Receipts: $33,484,139

    • Assets and Liabilities:
  • Total Assets: $128,787,216
  • Total Liabilities: $67,184,452
  • Net Assets: $61,602,764
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $24,678,612

    SUMMER PROGRAMS

    Revenue

    $840,021

    STUDENT SERVICE INCOME

    Revenue

    $297,191

    Organization Details

    Founding Year

    1866

    Principal Officer

    Robert Gustavson

    Main Address

    48 MAIN STREET, SOUTHBOROUGH, MA, 017721595

    NTEE Category

    Code: B200 - Education

    If you are a representative of The Fay School Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.