Mountain Laurel Waldorf School
Nonprofit profile at a glance
- EIN
- 141641716
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- New Paltz, NY, USA
- Phone
- 8452550033
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,218,689
- Expenses
- $2,367,423
- Assets
- $1,914,119
- Liabilities
- $1,330,024
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- KIRAN PARANJPE (PRESIDENT)
- MARK BERNSTEIN (VICE PRESIDENT)
Highest reported compensation
- PATRICIA DEWITTE-KUYL (LEAD ADMINISTRATOR): $84,900 total reported compensation
- SUE MCKENZIE (BUSINESS DIRECTOR): $75,980 total reported compensation
- AMY HANNES (DEVELOPMENT DIRECTOR): $59,661 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build the foundation of a free human being. Guided by the philosophy of rudolf steiner.teachers inspire insightful thinking, empathy for all, and a love of meaningful work.
What it reported doing in 2024
Educational instruction using the waldorf approach provided to students nursery age and younger through eighth grade.
Operating model
- Revenue model
- Earned-program. 83% 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. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 44
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70%; rating input score 70
- Program expense ratio: 66.1%; rating input score 66
- Fundraising efficiency: $4.23 raised per $1 spent on fundraising; rating input score 14; 14th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 27.3%; rating input score 27; 6th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -6.7%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 10.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 70% of revenue deployed · 66.1% of spending went to programs
- Governance: 3 of 11 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $85K · 12 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 27/100.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 17/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 28/100.