Ambleside School of Waco
Nonprofit profile at a glance
- EIN
- 931794532
- IRS 990 coverage
- 2024–2024
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Waco, TX, USA
- Phone
- 254-304-9302
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $272,745
- Expenses
- $240,865
- Assets
- $64,612
- Liabilities
- $22,111
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- JUSTIN PERRY (CHAIRMAN): $25,500 total reported compensation
- LEAH CALDWELL (SECRETARY): $13,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Day by day, it is the mission of Ambleside School of Waco, under the lordship of Jesus Christ, to lead students into deeper relationship to God, self, others, ideas, work, and all of creation through an ever-increasing knowledge of, trust in, and commitment to the Ambleside method and the educational philosophy of Charlotte Mason.
What it reported doing in 2024
Ambleside school of waco is a private school providing kindergarten through 12th-grade education following the educational principles of charlotte mason in association with ambleside schools international.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 92
- Accountability: 74
- Sustainability: 38
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.8%; rating input score 67
- Program expense ratio: 75.7%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 16.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 66.8% of revenue deployed · 75.7% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $182K in reported program spending
- Leadership: top reported pay $26K · 4 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Sustainability: Officer compensation ratio scored 23/100.