Waldorf School of the Peninsula
Nonprofit profile at a glance
- EIN
- 942941604
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Los Altos, CA, USA
- Phone
- 6502099400
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $11,126,995
- Expenses
- $11,747,198
- Assets
- $5,539,274
- Liabilities
- $1,923,462
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- VIKRANT BATRA (PRESIDENT)
Highest reported compensation
- JON HERZENBERG (SCHOOL DIRECTOR): $308,392 total reported compensation
- JOANN WALDMAN ENDED 1224 (DIR. OF FINANCE/OPERATIONS): $177,686 total reported compensation
- YASUKO INOUE (FACULTY BOARD MEMBER): $80,277 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 awaken children to their own individuality and unfold their higher capacities of thinking, feeling and willing, thus creating a truly human world through an education that is a source of social change. Waldorf education reaches beyond content to freeing the human spirit.
What it reported doing in 2024
Tuition - waldorf school is an independent nursery through twelfth grade school, providing education for 293 students. Our mission is to awaken children to their own individuality and unfold their high capacities of thinking, feeling and willing, thus creating a truly human world through an education that is a source of social change. Waldorf education reaches beyond content to freeing the human spirit.
Operating model
- Revenue model
- Earned-program. 95% 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 67% for direct work, and 33% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 71
- Accountability: 78
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 76.6%; rating input score 77
- Fundraising efficiency: $1.24 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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: 70%; rating input score 70; 12th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.6%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 80.3% of revenue deployed · 76.6% of spending went to programs
- Governance: 7 of 10 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $9M in reported program spending
- Leadership: top reported pay $308K · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 3/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.