MIDDLE WAY SCHOOL

EIN: 830862436 501(c)(3) Education

SAUGERTIES, NY

Total Revenue
$2,320,582
Total Expenses
$2,360,869
Total Assets
$1,780,046
Net Assets
$1,623,558
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Principal Officer
GRACE LOUIS
Phone
8452465006
Tax Period
2023-07-01 to 2024-06-30

MIDDLE WAY SCHOOL, founded in 2018, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

MIDDLE WAY SCHOOL'S CENTRAL MISSION IS TO INTEGRATE BUDDIST WISDOM AND COMPASSION WITH PROGRESSIVE EDUCATION IN ACADEMICS AND ALL OTHER ACTIVITIES AT THE SCHOOL. MWS IS CREATING A NEW MODEL OF BUDDHIST-BASED CHILDHOOD EDUCATION IN COLLABORATION WITH MIDDLE WAY EDUCATION, THE SCHOOL'S SISTER ORGANIZATION. THE MWS/MWE CURRICULUM WILL BE MADE AVAILABLE TO OTHER LIKE MINDED EDUCATORS AND EDUCATIONAL ORGANIZATIONS AROUND THE GLOBE ON AN OPEN PLATFORM. MWS'S ASPIRATION IS TO GROW KIND HUMAN BEINGS AND TO PREPARE STUDENTS TO CONFIDENTLY TAKE THEIR PLACES IN THE MODERN WORLD WITH QUALITIES SUCH AS DISCERNING WISDOM, COMPASSION, GENEROSITY AND DISCIPLINE. WE STRIVE TO IMPART MWS GRADUATES WITH AN EXPERIENTIAL UNDERSTANDING OF MEDITATION AND THE BASICS OF THE BUDDHIST VIEW INCLUDING IMPERMANENCE, INTERDEPENDENCE IN TANDEM WITH A FUNDAMENTAL MOTIVATION OF ALTRUISM.

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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 $920,008
Program Service Revenue $1,399,700
Investment Income $874
Other Revenue $0
TOTAL REVENUE $2,320,582

Expense Breakdown

Grants Paid $461,435
Salaries & Benefits $1,574,459
Fundraising Expenses $9,163
Program Expenses $1,755,509
Other Expenses $324,975
TOTAL EXPENSES $2,360,869

Year-over-Year Comparison

2023 2022 Change
Revenue $2,320,582 $1,832,352 +0.3%
Expenses $2,360,869 $1,542,472 +0.5%
Net Income $-40,287 $289,880 -1.1%
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
7
Independent Members
6
Employees
32
Volunteers
N/A

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
4
$92,700
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRACE LOUIS HEAD OF SCHO 40.00
Officer
$92,700 $0 $92,700
MICHAEL BURBANK SECRETARY 2.00
Officer Director
$0 $0 $0
HARVEY FELDSTEIN TRUSTEE 2.00
Director
$0 $0 $0
CECILE HOHENLOHE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
PRIYA KUMARI TRUSTEE 2.00
Director
$0 $0 $0
LAURA LOPEZ TRUSTEE 2.00
Director
$0 $0 $0
SONAM TENZING TREASURER 2.00
Officer Director
$0 $0 $0
ERIC WILDEN TRUSTEE 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
2025 No data No data No data No data
2024 $2,320,582 $2,360,869 $1,780,046 $-40,287
2023 $1,832,352 $1,542,472 $1,740,720 $289,880
2022 $1,144,791 $1,222,411 $1,422,715 $-77,620
2018 $518,642 $326,388 $210,152 $192,254
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