THE WALDORF EDUCATIONAL ASSOCIATION OF NC INC

EIN: 561379068 501(c)(3) Education

CHAPEL HILL, NC

Total Revenue
$7,100,525
Total Expenses
$6,898,670
Total Assets
$6,523,279
Net Assets
$4,965,976
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
COREY MCINTYRE
Phone
9199671858
Tax Period
2024-07-01 to 2025-06-30

THE WALDORF EDUCATIONAL ASSOCIATION OF NC INC, founded in 1984, is a community nonprofit in the Education sector that reported $7.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE EMERSON WALDORF SCHOOL PROVIDES AN INTEGRATED WALDORF CURRICULUM AND ENVIRONMENT WHICH ENCOURAGE AND PROMOTE INDEPENDENT THINKING AND SOCIAL RESPONSIBILITY AS WELL AS ACADEMIC AND ARTISTIC EXCELLENCE. THE UNIQUE GIFTS AND CONTRIBUTIONS OF EACH CHILD ARE HONORED THROUGH A DEVELOPMENTALLY APPROPRIATE AWAKENING OF THINKING, FEELING, AND WILLING. FURTHER, THE EMERSON WALDORF SCHOOL UNDERSTANDS CHILDREN AS BEINGS OF BODY, SOUL, AND SPIRIT, AND GUIDES THEM TO DEVELOP COMPASSION AND REVERENCE FOR THEMSELVES AND THE WORLD COMMUNITY. THE EMERSON WALDORF SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, CREED, OR NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATION POLICIES, ADMISSIONS POLICIES, TUITION ADJUSTMENT PROGRAM, ATHLETIC, OR OTHER SCHOOL ADMINISTERED PROGRAMS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $209,259
Program Service Revenue $6,674,379
Investment Income $95,080
Other Revenue $121,807
TOTAL REVENUE $7,100,525

Expense Breakdown

Grants Paid $2,420,790
Salaries & Benefits $3,054,313
Fundraising Expenses $87,879
Program Expenses $6,013,831
Other Expenses $1,423,567
TOTAL EXPENSES $6,898,670

Year-over-Year Comparison

2024 2023 Change
Revenue $7,100,525 $6,243,390 +0.1%
Expenses $6,898,670 $5,908,003 +0.2%
Net Income $201,855 $335,387 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
15
Independent Members
11
Employees
120
Volunteers
100

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
$67,415
Total Directors
15
$225,273
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLLEEN EVERHARDT-MASSIE DIRECTOR OF EDUCATION/BOARD 40.00
Officer Director
$66,770 $645 $67,415
LUIS LOPEZ NARANJO PRESIDENT 10.00
Officer Director
$0 $0 $0
ENGLISH SALL VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
COREY MCINTYRE TREASURER 10.00
Officer Director
$0 $0 $0
TREY DUNKERSON SECRETARY 10.00
Officer Director
$0 $0 $0
BENJAMIN TRUEBLOOD BOARD MEMBER/FACULTY REP 40.00
Director
$50,996 $12,728 $63,724
ANDREW HUBBUCH BOARD MEMBER/FACULTY REP 40.00
Director
$48,250 $460 $48,710
CATHERINE REYES BOARD MEMBER/FACULTY REP 40.00
Director
$44,996 $428 $45,424
MARK SHALDA BOARD MEMBER 5.00
Director
$0 $0 $0
RAJASIMHAN MANIVANNAN BOARD MEMBER 5.00
Director
$0 $0 $0
JOANNE WILSON MD BOARD MEMBER 5.00
Director
$0 $0 $0
ALLISON WEINSTOCK BOARD MEMBER 5.00
Director
$0 $0 $0
COOPER HARRIS BOARD MEMBER 5.00
Director
$0 $0 $0
JENNY EDGELL LEWIS BOARD MEMBER 5.00
Director
$0 $0 $0
JILL AUSTIN BOARD MEMBER 5.00
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 $7,100,525 $6,898,670 $6,523,279 $201,855
2024 $6,243,390 $5,908,003 $6,429,811 $335,387
2023 $5,719,772 $5,207,335 $5,914,801 $512,437
2022 $5,965,153 $4,941,486 $5,399,066 $1,023,667
2021 $4,389,934 $4,223,099 $4,735,222 $166,835
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE WALDORF EDUCATIONAL ASSOCIATION OF NC INC with other nonprofits in North Carolina and across the country.