WALDORF SCHOOL OF SARATOGA SPRINGS

EIN: 141707552 501(c)(3) Education

SARATOGA SPRINGS, NY

Total Revenue
$2,994,618
Total Expenses
$1,793,794
Total Assets
$1,987,150
Net Assets
$1,271,722
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NY
Principal Officer
KIERE NEULANDER
Phone
5185870549
Tax Period
2023-08-01 to 2024-07-31

WALDORF SCHOOL OF SARATOGA SPRINGS, founded in 1981, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 40% operating margin.

Mission

THE WALDORF SCHOOL OF SARATOGA SPRINGS VALUES THE HEALTHY DEVELOPMENT OF THE WHOLE INDIVIDUAL IN MIND, BODY, AND SPIRIT. THROUGH A FOCUS ON ACEDEMICS, 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $64,804
Program Service Revenue $1,188,224
Investment Income $1,729,428
Other Revenue $12,162
TOTAL REVENUE $2,994,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,300,234
Fundraising Expenses $0
Program Expenses $1,217,189
Other Expenses $493,560
TOTAL EXPENSES $1,793,794

Year-over-Year Comparison

2023 2022 Change
Revenue $2,994,618 $1,400,821 +1.1%
Expenses $1,793,794 $1,694,440 +0.1%
Net Income $1,200,824 $-293,619 -5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
5
Employees
72
Volunteers
45

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH BRADLEY SECRETARY 2.00
Officer Director
$0 $0 $0
JEN LUTZ DIRECTOR 2.00
Director
$0 $0 $0
KIERE NEULANDER BOARD CHAIR 2.00
Officer Director
$0 $0 $0
JULIE NILES TREASURER 2.00
Officer Director
$0 $0 $0
VIOLETA PAVOLDI DIRECTOR 2.00
Director
$0 $0 $0
KIMBERLY SPEERSCHNEIDER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL WHITNEY DIRECTOR 2.00
Director
$0 $0 $0
NICOLE VAN ZANDT DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,994,618 $1,793,794 $1,987,150 $1,200,824
2023 $1,400,821 $1,694,440 $695,463 $-293,619
2022 $1,608,942 $1,528,971 $918,223 $79,971
2021 $1,547,035 $1,412,513 $1,231,219 $134,522
2020 $1,584,971 $1,935,512 $881,167 $-350,541
2019 $2,255,896 $2,379,513 $1,173,083 $-123,617
2018 $2,388,966 $2,464,547 $1,597,889 $-75,581
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