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Filing year 2023

GROTON SCHOOL

Groton, Massachusetts·EIN 04-2104265·NTEE B250 · Education·501(c)(3)
Total revenue
$71.6M
Total assets
$670.3M
Total expenses
$55.3M
Reported officers
34
Mission

Groton School's mission is to inspire lives of character, scholarship, leadership, and service within a diverse, inclusive, and close-knit community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.

Headmaster
Officer (Unspecified)
$1M
$1.1M
Base
$641k
Bonus
Other
$8k
Benefits
$81k
Chief Financial Officer - Retired As of 12/31/23
Above 90th percentile
$433k
$476k
Base
$344k
Bonus
Other
$18k
Benefits
$45k
Director of Development
Above 90th percentile
$393k
$433k
Base
$287k
Bonus
Other
$33k
Benefits
$31k
Assistant Headmaster
Highest Compensated Employee
75th to 90th percentile
$297k
$327k
Base
$182k
Bonus
Other
$21k
Benefits
$76k
Director of Admissions
Highest Compensated Employee
75th to 90th percentile
$266k
$293k
Base
$189k
Bonus
Other
Benefits
$61k
Director of Parent Programs
Highest Compensated Employee
Median to 75th percentile
$261k
$287k
Base
$124k
Bonus
Other
$64k
Benefits
$63k
Teacher & Advisor to Head of School
Highest Compensated Employee
Median to 75th percentile
$237k
$261k
Base
$159k
Bonus
Other
$63k
Benefits
$804
Chief Financial Officer - Started 11/01/23
10th to 25th percentile
$54k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 26 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GROTON SCHOOL equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 5%
from 2022

From $1.1M in 2022 to $1M in 2023.

$1.1M
2022
$1M
2023
In today's dollarsEst.
Down 8% in real terms$1.2M to $1.1M

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 4% from 2022 to 2023, while revenue rose 31%.

$415k in 2022 to $433k in 2023.
  • Chief Development Officer pay fell 1% from 2022 to 2023.
  • Highest Compensated Employee pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GROTON SCHOOL

What does the Chief Financial Officer of GROTON SCHOOL earn?

In 2023, the Chief Financial Officer of GROTON SCHOOL received $432,588 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at GROTON SCHOOL compare with similar nonprofits?

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Financial Officer at GROTON SCHOOL falls in the top 10%. In 2023, the highest total compensation at GROTON SCHOOL equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are GROTON SCHOOL's revenue and expenses?

In 2023, GROTON SCHOOL reported $71.6M in total revenue and $55.3M in total expenses on its IRS Form 990.

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