Waldorf School Association of the Princeton Area

EIN: 222224076 501(c)(3) Education

Princeton, NJ

Total Revenue
$3,608,291
Total Expenses
$3,361,304
Total Assets
$6,705,402
Net Assets
$5,574,046
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NJ
Principal Officer
Todd Rossi
Phone
6094661970
Tax Period
2024-07-01 to 2025-06-30

Waldorf School Association of the Princeton Area, founded in 1985, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $3.4M left a modest 7% surplus.

Mission

Nursery through eighth grade education to children of the Princeton area. We lead our students towards high accomplishment without fitting them into standardized norms.

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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 (2024)

Revenue Breakdown

Contributions & Grants $81,430
Program Service Revenue $3,424,878
Investment Income $34,796
Other Revenue $67,187
TOTAL REVENUE $3,608,291

Expense Breakdown

Grants Paid $416,274
Salaries & Benefits $2,232,789
Fundraising Expenses $20,562
Program Expenses $2,640,030
Other Expenses $712,241
TOTAL EXPENSES $3,361,304

Year-over-Year Comparison

2024 2023 Change
Revenue $3,608,291 $4,590,757 -0.2%
Expenses $3,361,304 $4,092,326 -0.2%
Net Income $246,987 $498,431 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
13
Employees
70
Volunteers
20

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
5
$135,863
Total Directors
16
$218,589
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charlie Denby Trustee/Fac Rep 40.00
Director
$70,488 $9,035 $79,523
Amy Marie Young-Shor Trustee/Faculty 40.00
Director
$63,455 $15,982 $79,437
Stephanie Waintraub Dir. Finance 40.00
Officer
$72,268 $147 $72,415
Lorie Miller School Admin 40.00
Officer
$53,206 $10,242 $63,448
Staceyann Smith Trustee/Fac Rep 40.00
Director
$55,970 $0 $55,970
Ondria Wasem Trustee 1.00
Director
$3,659 $0 $3,659
Ariana McBride Trustee 1.00
Director
$0 $0 $0
Kaia Motter Secretary 1.00
Director
$0 $0 $0
Sarthak Banerjee Trustee 1.00
Director
$0 $0 $0
Herbert Hagens Vice Charman 1.00
Officer Director
$0 $0 $0
Rasheda Garcia Treasurer 1.00
Officer Director
$0 $0 $0
Carolina Olszak Trustee 1.00
Director
$0 $0 $0
Lindsey Stephenson Trustee 1.00
Director
$0 $0 $0
Elisabet Mas-Porte Trustee 1.00
Director
$0 $0 $0
Jennifer Santos Trustee 1.00
Director
$0 $0 $0
Theresa Viggiano Trustee 1.00
Director
$0 $0 $0
Todd Rossi Chairman 1.00
Officer Director
$0 $0 $0
Torsten Bernowitz Trustee 1.00
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
2025 $3,608,291 $3,361,304 $6,705,402 $246,987
2024 $4,590,757 $4,092,326 $6,614,749 $498,431
2023 $5,028,635 $3,754,804 $5,232,629 $1,273,831
2022 $3,053,011 $2,937,154 $4,123,581 $115,857
2021 $2,781,971 $2,364,060 $4,072,027 $417,911
2020 $2,809,130 $2,542,569 $3,534,543 $266,561
2019 $2,720,897 $2,699,826 $3,122,458 $21,071
2018 $2,932,245 $3,072,968 $3,202,737 $-140,723
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