San Francisco Waldorf School Association

EIN: 942538587 501(c)(3)

San Francisco, CA

Total Revenue
$11,344,376
Total Expenses
$12,113,951
Total Assets
$40,270,768
Net Assets
$18,843,396
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
CA
Principal Officer
Lauren Smith
Phone
4159312750
Tax Period
2024-07-01 to 2025-06-30

San Francisco Waldorf School Association, founded in 1978, is a mid-sized nonprofit that reported $11.3M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

With love and devotion, we strive to nourish the unique capacities of every student, that in each may awaken the critical and creative intelligence to envision the future, the compassion and commitment to understand others, and the courage to be a free and active participant in our common human experience.

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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 $654,288
Program Service Revenue $10,078,016
Investment Income $429,699
Other Revenue $182,373
TOTAL REVENUE $11,344,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,017,999
Fundraising Expenses $227,239
Program Expenses $8,703,261
Other Expenses $4,095,952
TOTAL EXPENSES $12,113,951

Year-over-Year Comparison

2024 2023 Change
Revenue $11,344,376 $19,424,672 -0.4%
Expenses $12,113,951 $19,204,157 -0.4%
Net Income $-769,575 $220,515 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
12
Employees
186
Volunteers
50

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
6
$390,618
Total Directors
17
$708,520
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Craig Appel Executive Dir. 40.00
Officer Director
$179,639 $37,450 $217,089
Emily Hilldore Dir. of Finance 40.00
Officer Director
$151,334 $22,195 $173,529
Jo-Ann Climenhage FACULTY 40.00
$104,319 $30,377 $134,696
ERIN KEMP Director 40.00
Director
$107,178 $25,200 $132,378
Paolo Carini FACULTY 40.00
$101,472 $21,081 $122,553
Jessica Eicher GS Dir of Admis 40.00
$103,734 $18,589 $122,323
Corinne Fendell FACULTY 40.00
$109,221 $11,563 $120,784
Eric Norman Advancement Direct 40.00
$103,334 $17,395 $120,729
KELLY LACY Director 40.00
Director
$87,950 $7,724 $95,674
Yoriko Yamamoto Director 40.00
Director
$63,284 $26,566 $89,850
Madhulika Chambers President 2.00
Officer Director
$0 $0 $0
Katrina Rhoads Vice President 1.00
Officer Director
$0 $0 $0
Laura Hudgens Secretary 1.00
Officer Director
$0 $0 $0
Pete Comerford Treasurer 1.00
Officer Director
$0 $0 $0
Deniz Bahar Director 1.00
Director
$0 $0 $0
JOHN LUCENA Director 1.00
Director
$0 $0 $0
TZADDI THOMPSON Director 1.00
Director
$0 $0 $0
German Gil Director 1.00
Director
$0 $0 $0
Jason Lohr Director 1.00
Director
$0 $0 $0
Jason Ouellette Director 1.00
Director
$0 $0 $0
Kimberly Williams Director 1.00
Director
$0 $0 $0
Egen Tsai Director 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 $11,344,376 $12,113,951 $40,270,768 $-769,575
2024 $19,424,672 $19,204,157 $41,315,367 $220,515
2023 $17,821,753 $18,023,282 $40,486,687 $-201,529
2022 $18,585,783 $16,950,184 $39,624,939 $1,635,599
2021 $11,951,532 $10,256,101 $40,584,041 $1,695,431
2020 $12,034,311 $11,398,685 $33,442,900 $635,626
2019 $11,698,646 $11,115,962 $28,208,461 $582,684
2018 $13,017,831 $10,049,831 $26,610,874 $2,968,000
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