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Episcopal Academy

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

EIN: 231370500 ✦ Newtown square, PA ✦ Designated as a 501(c)(3)

Overview

What is Episcopal Academy?

The Episcopal Academy, located in Newtown Square, Pennsylvania, is an independent day school catering to students from pre-kindergarten through twelfth grade. With a student body of 1,290, the school's curriculum is college preparatory. The Episcopal Academy places significant emphasis on community service, reflecting its mission. The school values diversity, granting approximately $8.9 million in need-based financial aid each year to around 23% of its students, making up roughly 68% of the average tuition. The Episcopal Academy boasts a workforce of 513 employees, dedicated to challenging and nurturing students' minds, bodies, and spirits, inspiring them to lead purposeful lives.


Official website here: www.episcopalacademy.org

Is Episcopal Academy legitimate?

Episcopal Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal 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: $1,079,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,505,627

For more financial information, click here


Official website here: www.episcopalacademy.org

What is the mission statement of Episcopal Academy?

The Episcopal Academy is a co-educational independent day school catering to students from grades Pre-K through twelve. Its mission is to foster intellectual, physical, and spiritual growth in students, inspiring them to lead purposeful lives with faith and integrity. The academy places great emphasis on community service and values diversity, awarding need-based financial aid to approximately 23% of its student population, enabling them to attend despite economic circumstances. The academy's curriculum is college preparatory, enrolling a student body of 1,290. Despite not providing specific figures, the academy grants significant financial aid, averaging approximately 68% of the average tuition per student.


Official website here: www.episcopalacademy.org

Who is the CEO of Episcopal Academy?

Dr Thomas J Locke is the Head Of School of Episcopal Academy.


Official website here: www.episcopalacademy.org

What is the revenue of Episcopal Academy?

Episcopal Academy's revenue in 2022 was $65,492,381.


Official website here: www.episcopalacademy.org

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

The average compensation at Episcopal Academy during 2022 was $49,873. There are 513 employees and 149 volunteers at Episcopal Academy.

Here are 32 key members and their salaries:

    Dr Thomas J Locke (Head Of School)
  • Compensation: $866,159
  • Related: $0
  • Other: $236,976

    • Lawrence Capuzzi (Chief Financial Officer)
  • Compensation: $272,598
  • Related: $0
  • Other: $38,563

    • Jennifer Fifer (Dir Of Institutional Advan)
  • Compensation: $230,075
  • Related: $0
  • Other: $25,662

    • Mark Notaro (Chief Operating Officer)
  • Compensation: $185,481
  • Related: $0
  • Other: $58,500

    • Terrence Malone (Head Of Lower School)
  • Compensation: $176,489
  • Related: $0
  • Other: $26,873

    • Michael Letts (Head Of Upper School)
  • Compensation: $181,088
  • Related: $0
  • Other: $21,166

    • Erin Rehel (Director Of Strategy And Institutional Research)
  • Compensation: $166,034
  • Related: $0
  • Other: $9,138

    • Elizabeth A Corrigan (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy P Coote (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert R Corrato (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann T Semmer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Richard Leaman Iii (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • The Rev Canon Daniel (G. P. Gutierrez Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amachie Ackah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren I Claytor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis J D'Ambrosio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Dugery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Gureghian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne F Hopkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann M Kraftson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan D Limaye (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William L Lo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher K Mchugh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert S Mcmenamin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan L Newman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin A Risi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura M Rooklin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calvin W Schmidt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julieann G Shanahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mohammed A Toure (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert C Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.episcopalacademy.org

    Where can I find the form 990 for Episcopal Academy?

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


    Official website here: www.episcopalacademy.org

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

    Mission Statement of Episcopal Academy

    The Episcopal Academy, a co-educational independent day school, is dedicated to challenging and nurturing the mind, body, and spirit of boys and girls, inspiring them to lead lives of purpose, faith, and integrity. The academy offers a college-preparatory curriculum, catering to students from grades Pre-K through twelve. With an enrollment of 1,290 students, The Episcopal Academy strongly values diversity and grants approximately $8.9 million in need-based financial aid each year to make the education accessible to a significant portion of its student body. Around 23% of the student population receive financial aid, with an average award equating to roughly 68% of the average tuition. The institution's commitment to diversity extends beyond racial and economic differences, creating an inclusive environment for all students.

    Impact

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




    Thursday, August 15, 2024

    Episcopal Academy's impact is profound, as it not only provides a rigorous college preparatory education for students from Pre-Kindergarten through twelfth grade but also instills values of purpose, faith, and integrity. The school's commitment to diversity, both racial and economic, is evident in its extensive need-based financial aid program, amounting to approximately $8.9 million in aid granted annually. By offering financial assistance to approximately 23% of its student population, the Episcopal Academy ensures that children from various backgrounds have access to its high-quality education. This dedication to inclusivity and academic excellence contributes significantly to shaping the future leaders who graduate from the institution.





    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: $196,222
  • Program Service Revenue: $46,296,624
  • Gross Receipts: $72,375,230

    • Assets and Liabilities:
  • Total Assets: $285,908,230
  • Total Liabilities: $23,861,011
  • Net Assets: $262,047,219
  • Programs

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

    TUITION

    Revenue

    $44,431,088

    AUXILIARY ATHLETIC PROGRAMS

    Revenue

    $1,695,928

    OUTSOURCED SUMMER CAMP PROGRAMS

    Revenue

    $80,728

    DEPOSIT/APPLICATIONS

    Revenue

    $62,491

    SCHOLARSHIP INCOME

    Revenue

    $15,000

    Organization Details

    Founding Year

    1785

    Principal Officer

    Dr Thomas J Locke

    Main Address

    1785 BISHOP WHITE DRIVE, NEWTOWN SQUARE, PA, 19073

    NTEE Category

    Code: B20 - Education

    If you are a representative of Episcopal 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.