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Worcester Academy

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

EIN: 042105855 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Worcester Academy?

Worcester Academy is an independent college preparatory school located at 81 Providence Street, Worcester, Massachusetts, 01604. With around 265 employees, it caters to approximately 500 students in grades 6 through 12 and postgraduates. The mission of Worcester Academy is to inspire students with a lifelong desire to learn and engage passionately with the world, while fostering strong and resourceful character. The school operates to promote self-development and education.


Official website here: www.worcesteracademy.org

Is Worcester Academy legitimate?

Worcester Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,064,808

For more financial information, click here


Official website here: www.worcesteracademy.org

What is the mission statement of Worcester Academy?

Worcester Academy is committed to nurturing students in grades 6-12 and postgraduates, inspiring in them a lifelong love for learning and a passion to engage with the world. The institution's mission is to instill honorable character and resourcefulness among its students. The academic community at Worcester Academy focuses on promoting self-development and education for approximately 500 students, aiming to foster individuals who are eager to learn and actively engage with their surroundings.


Official website here: www.worcesteracademy.org

Who is the CEO of Worcester Academy?

Elizabeth Budzinski is the Secretary of Worcester Academy.


Official website here: www.worcesteracademy.org

What is the revenue of Worcester Academy?

Worcester Academy's revenue in 2022 was $71,283,222.


Official website here: www.worcesteracademy.org

Who are the executives of Worcester Academy and what are their salaries?

The average compensation at Worcester Academy during 2022 was $37,980. There are 265 employees at Worcester Academy.

Here are 30 key members and their salaries:

    Thomas Diconza (Former Cfo)
  • Compensation: $183,742
  • Related: $0
  • Other: $20,656

    • Douglas Poskitt (Assoc. Head Of School)
  • Compensation: $154,759
  • Related: $0
  • Other: $12,725

    • Kim Stone (Director Of Development)
  • Compensation: $129,015
  • Related: $0
  • Other: $18,697

    • Kevin Breen (Head Of School)
  • Compensation: $130,108
  • Related: $0
  • Other: $17,473

    • Joseph Lepain (Director Of Technology And)
  • Compensation: $116,112
  • Related: $0
  • Other: $18,872

    • Madeline Richards (Head Of The Upper School)
  • Compensation: $113,990
  • Related: $0
  • Other: $11,190

    • Ronald Cino (Former Head Of School)
  • Compensation: $116,635
  • Related: $0
  • Other: $8,179

    • Edward Reilly (Director Of Athletics)
  • Compensation: $112,808
  • Related: $0
  • Other: $5,603

    • Susan Puryear (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sava B Berhane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Marla Abodeely (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J O'Neil (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nora Brooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Michael Grenon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin S Ambush (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Shamoian (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg O'Leary (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Stuart (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Vaillancourt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie E Lavin Buzzard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney N Carr Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Lawrence A Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michal Grabias (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernst Guerrier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William H Kettlewell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Mangaudis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Reich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael T Shannon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.worcesteracademy.org

    Where can I find the form 990 for Worcester Academy?

    The Worcester Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.worcesteracademy.org

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

    Mission Statement of Worcester Academy

    Worcester Academy, an independent college preparatory school, is dedicated to the education and self-development of students in grades 6 through 12 and postgraduates. The institution instills in its students a lifelong desire to learn, encouraging them to engage passionately with the world around them and fostering the development of honorable persons of strong and resourceful character.

    At the heart of Worcester Academy's mission is the belief that learning is a continuous process. By providing a rigorous academic program, the academy empowers its students to explore their interests, cultivate critical thinking skills, and develop the confidence to tackle challenges both inside and outside the classroom. The academy's commitment to character development is equally important, with a focus on instilling values such as respect, integrity, and kindness in its students.

    In addition to academic excellence, Worcester Academy places a strong emphasis on extracurricular activities and community involvement. Students have the opportunity to participate in a wide range of clubs, sports, and service projects, allowing them to discover their passions and make meaningful contributions to the academy and beyond. The academy's supportive and inclusive environment ensures that each student receives the individual attention and guidance they need to thrive, both academically and personally.

    Impact

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




    Thursday, August 15, 2024

    Worcester Academy plays a crucial role in shaping the future of its students by providing a high-quality education that promotes self-development and lifelong learning. With a mission to instill a desire for learning and engagement with the world, Worcester Academy aims to cultivate students who are not only academically proficient but also possess strong character traits. By serving approximately 500 students in grades 6-12 and postgraduates, Worcester Academy contributes significantly to the intellectual and personal growth of its student body.





    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: $4,357,957
  • Program Service Revenue: $25,376,310
  • Gross Receipts: $79,735,971

    • Assets and Liabilities:
  • Total Assets: $144,370,971
  • Total Liabilities: $20,378,815
  • Net Assets: $123,992,156
  • Programs

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

    TUITION AND FEES

    Revenue

    $25,376,310

    Organization Details

    Founding Year

    1834

    Principal Officer

    Elizabeth Budzinski

    Main Address

    81 PROVIDENCE STREET, WORCESTER, MA, 01604

    NTEE Category

    Code: B25 - Education

    If you are a representative of Worcester Academy 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.