Threefold Education Foundation and School

Nonprofit profile at a glance

EIN
136196291
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Chestnut Ridge, NY, USA
Phone
8453525020
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$13,143,345
Expenses
$13,300,996
Assets
$14,879,872
Liabilities
$2,047,256

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • BRIAN WANIEWSKI (PRESIDENT)
  • ERIC SILBER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ERIC SILBER (EXECUTIVE DIRECTOR): $103,736 total reported compensation
  • LAUREN CIBORSKI (CFO): $78,409 total reported compensation
  • ELIZABETH HALL (DIRECTOR): $67,741 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Threefold educational foundation and school serves as the umbrella organization for green meadow waldorf school, eurythmy spring valley pond, fiber craft studio, otto specht school, holder house, and pfeiffer center. The organization provides support services for the previously named institutions and other educational and cultural activities based on anthroposophy and the work of rudolf steiner. Green meadow provides academic programs with a reliance on the rudolf steiner philosophy to children from preschool through twelfth grade. Esv provides professional training in eurythmy, a performance art which has applications in medical and occupational therapies and in education.

What it reported doing in 2024

Green meadow waldorf school: independent k-12 school, serving approximately 278 students during the 2023-2024 fiscal year.

Operating model

Revenue model
Earned-program. 71% 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 most voting board members are independent. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 92
  • Accountability: 62
  • Sustainability: 41
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.2%; rating input score 65
  • Program expense ratio: 64.9%; rating input score 65
  • Fundraising efficiency: $2.79 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 66.7%; rating input score 67; 11th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 1.12; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 0.9% per year; rating input score 100; 11th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 65.2% of revenue deployed · 64.9% of spending went to programs
  • Governance: 4 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $8.6M in reported program spending
  • Leadership: top reported pay $104K · 8 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.