Nonprofit · EIN 01-6021559
HYDE SCHOOL
Tax-exempt · BATH, ME 04530
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,764,191 | $15,304,354 | -$2,540,163 | $36,735,713 | $1,768,751 | $34,966,962 |
| June 30, 2024 | 990 | $11,812,775 | $14,088,356 | -$2,275,581 | $38,457,850 | $2,097,678 | $36,360,172 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,499,290
- Program service revenue
- $10,137,300
- Investment income
- $985,371
- Net rental income
- $142,230
- Net gain from sales of assets
- $539,446
- Other revenue
- $142,230
Expenses
- Grants and similar amounts paid
- $5,325,426
- Compensation of officers, directors and key employees
- $721,689
- Other salaries and wages
- $3,684,242
- Salaries, compensation and benefits (total)
- $5,522,463
- Professional fundraising fees
- $0
- Legal fees
- $116,227
- Accounting fees
- $55,526
- Occupancy
- $1,409,830
- Travel
- $48,091
- Depreciation
- $1,029,812
- Program services (functional)
- $12,863,530
- Management and general (functional)
- $1,941,681
- Fundraising (functional)
- $499,143
Balance sheet and other
- Total assets, start of year
- $38,457,850
- Total assets, end of year
- $36,735,713
- Total liabilities, end of year
- $1,768,751
- Net assets, end of year
- $34,966,962
- Land, buildings and equipment
- $15,211,678
- Publicly traded securities
- $15,727,594
- Net assets without donor restrictions
- $29,746,918
- Net assets with donor restrictions
- $5,220,044
- Gross receipts
- $18,565,650
- Employees
- 88
- Volunteers
- 50
- Year formed
- 1966
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Laura Gauld | President/Head of School Officer | 40 | $347,304 | $29,830 |
| Sarah Clifford | CFO Officer | 40 | $141,842 | $49,696 |
| Robert Felt | Director of Engagement Highest-paid employee | 40 | $127,756 | $46,447 |
| Charles Mugford | Director of Admissions Highest-paid employee | 40 | $132,235 | $30,372 |
| Malcolm Gauld | Executive Director - Hyde Institute Officer | 40 | $134,073 | $18,944 |
| Richard Truluck | Associate Head of School Highest-paid employee | 40 | $103,008 | $44,754 |
| Michael True | Director of Facilities Highest-paid employee | 40 | $103,952 | $26,119 |
| Dana McAvity | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Jeffrey P Black | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Thomas Baez | Director Trustee or director | 1 | $0 | $0 |
| Scott Bertschy | Director Trustee or director | 1 | $0 | $0 |
| Kelly Carey | Director Trustee or director | 1 | $0 | $0 |
| Tom Carey | Director Trustee or director | 1 | $0 | $0 |
| Jamie Delaney | Director Trustee or director | 1 | $0 | $0 |
| Stuart Jones | Director Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas J Moore | Director Trustee or director | 1 | $0 |
| Craig Moss | Director Trustee or director | 1 | $0 |
| Stephanie Nathanson | Director Trustee or director | 1 | $0 |
| Jen Pechet | Director Trustee or director | 1 | $0 |
| Carter Sackman | Director Trustee or director | 1 | $0 |
| Sandra Sackman | Director Trustee or director | 1 | $0 |
| Andrew Sylvester | Director Trustee or director | 1 | $0 |
| Mark Walters | Director Trustee or director | 1 | $0 |
| Debbie Werner | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Laura Gauld | President Officer | 40 | $347,669 | $34,130 |
| Sarah Clifford | CFO Officer | 40 | $145,318 | $53,856 |
| Robert Felt | Chief Engagement Officer Highest-paid employee | 40 | $116,407 | $48,001 |
| Malcolm Gauld | Director - Hyde Institute Officer | 40 | $142,000 | $19,406 |
| Richard Truluck | Associate Head of School Highest-paid employee | 40 | $101,158 | $47,160 |
| Michael True | Director of Facilities Highest-paid employee | 40 | $100,583 | $26,406 |
| Dana McAvity | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Tommy Baez | Director Trustee or director | 1 | $0 | $0 |
| Jonathan A Bell | Director Trustee or director | 1 | $0 | $0 |
| Scott Bertschy | Director Trustee or director | 1 | $0 | $0 |
| Jeffrey P Black | Director Trustee or director | 1 | $0 | $0 |
| Kelly Carey | Director Trustee or director | 1 | $0 | $0 |
| Tom Carey | Director Trustee or director | 1 | $0 | $0 |
| Jamie Delaney | Director Trustee or director | 1 | $0 | $0 |
| Stuart Jones | Director Trustee or director | 1 | $0 | $0 |
| Thomas J Moore | Director Trustee or director | 1 | $0 | $0 |
| Craig Moss | Director Trustee or director | 1 | $0 | $0 |
| Stephanie Nathanson | Director Trustee or director | 1 | $0 | $0 |
| Jen Pechet | Director Trustee or director | 1 | $0 | $0 |
| Carter Sackman | Director Trustee or director | 1 | $0 | $0 |
| Sandra Sackman | Director Trustee or director | 1 | $0 | $0 |
| Andrew Sylvester | Director Trustee or director | 1 | $0 | $0 |
| Mark Walters | Director Trustee or director | 1 | $0 | $0 |
| Debbie Werner | Director Trustee or director | 1 | $0 | $0 |
| Ann S Bell | Past Director Trustee or director | 1 | $0 | $0 |
| Barry Freid | Past Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 616 HIGH ST, BATH, ME 04530-1946
- Principal officer (990 for 2024)
- Laura Gauld, 616 High Street, Bath, ME 04530
- Signed the 990
- Vishnu Swaminathan, Chief Financial Officer
- Phone
- (207) 443-5584
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
The mission of Hyde Schools is to develop character to discover unique potential.
Program accomplishments
- Hyde School was founded to provide a private school education which centers upon individual growth and character development through the teaching of values and courage, integrity, concern for others, leadership and curiosity. Approximately 114 students attended the school in the year ended June 30, 2025.Expenses $12,863,530 · grants $5,325,426 · revenue $10,137,300
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-6021559
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25Z)
- Assets (IRS master file)
- $36,735,713
- Income (IRS master file)
- $18,565,650
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $10,767,715 | $11,884,869 | $39,858,482 | IRS |
| 990 | June 2022 | $8,713,291 | $10,586,297 | $41,189,482 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about HYDE SCHOOL
- What is the EIN of HYDE SCHOOL?
- The employer identification number (EIN) of HYDE SCHOOL is 01-6021559.
- Is HYDE SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to HYDE SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HYDE SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HYDE SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HYDE SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HYDE SCHOOL?
- The 990 for the year ended June 30, 2025 names Laura Gauld.
- Who are the officers and directors of HYDE SCHOOL?
- The 990 for the year ended June 30, 2025 lists 24 people; 7 received compensation from the organization, the highest $347,304 (Laura Gauld, President/Head of School).
- How much revenue does HYDE SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,764,191, expenses of $15,304,354 and total assets of $36,735,713 at year end.
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