Worcester Academy

Education organization based in Worcester, MA. 260 employees. Exempt under §501(c)(3).

MissionWORCESTER ACADEMY EXISTS TO INSTILL IN ITS STUDENTS THE DESIRE TO LEARN THROUGHOUT LIFE, TO ENGAGE PASSIONATELY WITH THE WORLD AROUND THEM, AND TO BE HONORABLE PERSONS OF STRONG AND RESOURCEFUL CHARACTER.

EIN
04-2105855
State
MA
Sector
Education
Budget band
$25M–$50M
Latest filing
TY 2023
Records
4 officers · 5 years

Financial snapshot · TY 2023

$36.7M
Total revenue
$33.1M
Total expenses
$159.4M
Net assets

Financial health · TY 2023

89
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
24.1 months of expenses
Program efficiency
85
83.8% spent on programs
Revenue diversity
77
Mix of program fees, grants & contributions

Leadership compensation

Kevin Breen
HEAD OF SCHOOL
$387,596
76th percentile vs. peers
Jennifer Difranco
DIRECTOR OF ADVANCEMENT
$209,636
54th percentile vs. peers
Marnie Kut
ASSOCIATE HEAD OF SCHOOL
$197,364
76th percentile vs. peers
Elizabeth Budzinski
CHIEF FINANCIAL OFFICER
$182,792
47th percentile vs. peers

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Worcester Academy Executive Compensation | 990 Data | DoubleNine