Association for Waldorf Education in San Diego

Nonprofit profile at a glance

EIN
953641387
IRS 990 coverage
2010–2022
Forms available
Form 990 2022
Location
San Diego, CA, USA
Phone
6192873054
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Official website

Reported finances

Revenue
$6,394,957
Expenses
$6,696,936
Assets
$5,291,296
Liabilities
$3,886,827

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Heather Corliss (Vice President)
  • Nancy Bjork (President)

Highest reported compensation

  • Rachel Davis (Administrator): $44,827 total reported compensation
  • Mary Carmichael (Director): $41,187 total reported compensation
  • Sudha Dorairaj (Director): $6,360 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To awaken each student's capacity for love of learning, for independent thinking, and for heartfelt service to the world. Make waldorf education available to all children in the san diego area through active engagement with families of all ethnic, spiritual, and socioeconomic backgrounds.

What it reported doing in 2022

K12 education. Waldorf schools offer a developmentally appropriate, experiential approach to education. They integrate the arts and academics for children from preschool through twelfth grade. The aim of the education is to inspire lifelong learning in each student and enable them to fully develop their unique capacities. Founded in germany in the early 20th century, waldorf education is an independent and inclusive form of education based on the insights and teaching of renowned anthroposophist, artist, and scientist, rudolf steiner. Evolving from a profound understanding of the human spirit and human development, waldorf education is regionally adaptive and has grown to include hundreds of schools worldwide. An average of 280 students were enrolled at the waldorf school of san diego for the 2022/2023 school year.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 66
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 87.8%; rating input score 88
  • Fundraising efficiency: $3.64 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.7%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 1.4%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 5.9% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 87.8% of spending went to programs
  • Governance: 4 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5.9M in reported program spending
  • Leadership: top reported pay $45K · 8 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.