Waldorf School of Saratoga Springs
Nonprofit profile at a glance
- EIN
- 141707552
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Saratoga Springs, NY, USA
- Phone
- 5185870549
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $1,776,988
- Expenses
- $1,781,895
- Assets
- $1,766,597
- Liabilities
- $452,388
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- CHRIS BEAM (DIRECTOR)
- ELIZABETH BRADLEY (DIRECTOR)
- GREG HUTCHISON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The waldorf school of saratoga springs values the healthy development of the whole individual in mind, body, and spirit. Through a focus on academics, music, art, and movement, our bountiful curriculum - based on established and evolving waldorf principles - inspires creative thought, discourse, human connections, and experiential learning. We graduate global citizens who have initiative, social responsibility, and enthusiasm for life.
What it reported doing in 2024
To provide a non-sectarian education for children from pre-school age through grade eight.
Operating model
- Revenue model
- Earned-program. 78% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 42
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.8%; rating input score 68
- Program expense ratio: 69.4%; rating input score 69
- Fundraising efficiency: Limited
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: 72.7%; rating input score 73; 15th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.3%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -4.8% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -1.3% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -3.1% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 67.8% of revenue deployed · 69.4% of spending went to programs
- Governance: 8 of 11 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.