Is Hackley School Legit?

Hackley School demonstrates a consistent pattern of financial stability and growth over the past decade. In the 2023 fiscal period, the organization reported revenues of $58,195,677 against expenses of $55,074,824, indicating a healthy surplus. Total assets have steadily increased, reaching $278,591,513 in 2023 from $198,183,425 in 2014, showcasing strong asset management and accumulation. The organization's liabilities have remained relatively stable and manageable in proportion to its growing assets. The school's spending efficiency appears robust, with expenses consistently lower than revenues in most periods, allowing for asset growth. The NTEE code E200 indicates a focus on elementary and secondary education, which aligns with the operational nature of a school. The consistent reporting of 0% officer compensation across all available filings suggests that the highest-ranking officers are not directly compensated through the organization's payroll, which is a notable aspect of its financial structure and transparency. This practice can contribute to a higher proportion of funds being directed towards programmatic activities. Overall, Hackley School exhibits strong financial health, with a clear trend of increasing assets and controlled expenses. The absence of reported officer compensation enhances its transparency profile, suggesting a commitment to directing resources towards its educational mission. The consistent surpluses indicate effective financial management and sustainability.