Treatment Abuse, Behavior Modification, Thought Reform > Hyde Schools
HYDE SCHOOL Questions about Finances
Anonymous:
To be honest, I can't believe the headmasters' income is so low at Hyde. I am surprised they make less than 100K.
Vanity Fair just did a report on St. Paul's old headmaster. He was making $520,000 per year. However, his contract also included: Housing, membership to a yacht club, and even tuition for his childrens' colleges.
A few years ago I read in Money that it is rutine for a headmaster in a New England Boarding school to make over $250,000
Has anyone used that "what do they make" website to look at other boarding school headmasters' income? I am sure 90% of them will be making more than the Bath and Woodtsock headmasters.
Anonymous:
--- Quote ---On 2006-01-15 06:57:00, Anonymous wrote:
"To be honest, I can't believe the headmasters' income is so low at Hyde. I am surprised they make less than 100K.
Vanity Fair just did a report on St. Paul's old headmaster. He was making $520,000 per year. However, his contract also included: Housing, membership to a yacht club, and even tuition for his childrens' colleges.
A few years ago I read in Money that it is rutine for a headmaster in a New England Boarding school to make over $250,000
Has anyone used that "what do they make" website to look at other boarding school headmasters' income? I am sure 90% of them will be making more than the Bath and Woodtsock headmasters.
"
--- End quote ---
I don't begrudge the Hyde administrators their salaries. My impression is that their salaries are not out of line.
However, I am overwhelmed with concern about the way the administrators run the school. That's the issue. What I have seen and heard about Hyde during the past few years leaves me feeling more and more concerned, angry, perplexed, and disappointed. There are so many problems with the way Hyde is run, its methods, and its ways of handling troubled teens. For every "success" story at Hyde (the kind that the school likes to publicize in its public relations material) there are countless disasters and instances where Hyde students are harmed terribly. How honest are Hyde administrators about the numbers of families that leave the school because the students aren't getting the help they need, the quality of the teaching staff is questionable, the staff often mistreat students and parents? How honest are Hyde administrators about the school's drop-out rate? Parents' complaints? Lawsuits? Those things are much more important to me than the size of the administrators' salaries.
Anonymous:
Lets cry about it...
Anonymous:
--- Quote ---On 2005-11-29 20:07:00, Anonymous wrote:
"This is exact information taken from the 2003 "990" Form of the US Tax Return for Hyde Schools. You can see the full Form in it's entirety by going to http://www.guidestar.org. Anyone can sign up to view the 990's without any charge. Type in Hyde School Woodstock and Hyde School Bath. You can also look at Hyde School DC, which I did not post. Also not posted is the total income from other sources!
Do the math! The "Families" are making a fortune! I take back everything I have thought of the Gauld Families. They are very bright and we are the suckers!!
The truth will set you free Malcolm, Joe, and the rest of you! BTW, your eyes are not deceiving you and there are no typographical errors.
Bath Campus
Total Revenue $13,360,916
Total Expenses 8,750,110
Excess end of year 4,610,806
Net Assets 18,750,422
Travel Expenses $306,240
Conventions,meetings 180,315
Woodstock Campus
Total Revenue $8,460,110
Total Expenses 7,917,536
Excess end of year 542,574
Net Assets 9,297,602
Travel Expenses $165,644
Conventions, meetings 150,024"
--- End quote ---
These figures are truly amazing. I have never seen a school where they do so much fundraising and crying the blues about how little the staff makes and how the only reason they are there is to make a difference in the world. This sure looks to me like they also do very well financially, whether deserved or not! Why not be honest about how well you are doing rather than begging parents, kids and teachers for their hard earned money after they've already paid $50,000 to go to a school where there is so little education? Why not spend some of this windfall on better teachers who actually have teaching degrees and on professional counselors. The food could certainly use a little help too!! Don't we deserve this after paying such a high tuition?
Troll Control:
Never seen this before. Take a look at Hidden Lake Academy. $84,000.00 PER YEAR, minimum stay 24 months. So, $168,000.00 MINIMUM, but more than likely your kid will not be "ready" to leave at the end of two years. Some stay FOUR YEARS PLUS POST-GRAD ($336,000.00 + undefined "post grad")
You got lucky by comparison. Same results (shitty education, not prepared for the real world, no therapy, etc), but laid out less cash for it.
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