HACKLEY SCHOOL
Mission Statement
The Hackley board approved mission statement is simply: "Hackley challenges students to grow in character, scholarship, and accomplishment, to offer unreserved effort, and to learn from the varying perspectives and backgrounds in our community and the world." Hackley believes that students will grow in character and responsibility by participating in structured activity that serves the needs of people outside the spheres of home and school. By committing their energy, time, and imagination to serving those needs, students can experience the satisfaction of helping others and can gain some appreciation of the complexity and concerns of the larger community. Hackley students are expected to be good citizens. The School shares with its parent community an active commitment to character development as well as academic excellence. Students are encouraged to have respect for and to act responsibly toward themselves and others. The School strives to provide an overall environment that supports the development of virtuous qualities and good personal habits. Hackley students are expected to go beyond mere observance of the rules and to strive to make Hackley a civilized community where courtesy, kindness, and forbearance reign, and incivility and intolerance are shunned.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.1% | 84.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 14.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
986.5% | 306.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
54.0 mo | 7.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.7% | 27.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.9% | 85.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
13.9% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.6% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $71.2M | $62.0M | $278.6M | 86.1% | 407 |
| 2024 | $62.5M | $57.6M | $262.0M | 86.4% | 401 |
| 2023 | $58.2M | $55.1M | $248.0M | 84.4% | 422 |
| 2022 | $63.8M | $53.0M | $240.4M | 86.6% | 387 |
| 2021 | $70.1M | $52.6M | N/A | — | 340 |
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