Overview
What is Waterford School Holding Corporation?
Waterford School Holding Corporation is a nonprofit organization dedicated to providing a top-tier liberal arts education to students from pre-kindergarten to grade 12. Their mission is to stimulate intellect, ignite passion, and shape character through this education. The organization operates an independent school, serving as a place where students learn essential skills and values to foster a well-lived life.
What are the reviews and ratings of this charity?
Charity Navigator Rating 86% - Three-Star out of Four Star Rating
Waterford School Holding Corporation has received an 86% score from Charity Navigator, which translates to a Three-Star rating. This rating is primarily based on the organization's Accountability & Finance metrics, indicating a strong commitment to financial transparency and ethical governance. The charity demonstrates an independent board structure, with 92% of its board members being independent, which is crucial for effective oversight.
The organization excels in several areas, such as having well-documented financial policies, including a conflict of interest policy and a whistleblower policy, both of which are in place and fully compliant. Additionally, it has achieved a high program expense ratio of 85.20%, signaling that a significant portion of its funds are directed toward its mission-related activities rather than administrative costs.
However, there is a slight concern regarding the liabilities to assets ratio, which stands at 55.83%. While this is still within a manageable range, it indicates that the organization carries a moderate level of debt relative to its assets. Overall, Waterford School Holding Corporation shows strong governance and financial health, but stakeholders may want to monitor its financial liabilities over time.
This AI summary has been generated from information found on Charity Navigator.
Is Waterford School Holding Corporation legitimate?
Waterford School Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterford School Holding Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,406,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,000,000
For more financial information, click here
What is the mission statement of Waterford School Holding Corporation?
Waterford School Holding Corporation is dedicated to providing students with a top-tier liberal arts education. Learning is the core focus of this institution, fueling intellectual growth, sparking passion, and molding character. The education offered at Waterford goes beyond mere academics; it inspires students to learn how to learn. Through this world-class curriculum, students are equipped to lead fulfilling lives, marked by nobility and distinction. Waterford's commitment extends to nurturing young learners from pre-kindergarten to twelfth grade. Their mission is to stimulate students' intellect, ignite their passions, and shape their character, ultimately preparing them for a successful and meaningful future.
Who is the CEO of Waterford School Holding Corporation?
Greg Miles is the Trustee of Waterford School Holding Corporation.
What is the revenue of Waterford School Holding Corporation?
Waterford School Holding Corporation's revenue in 2022 was $38,316,741.
Who are the executives of Waterford School Holding Corporation and what are their salaries?
The average compensation at Waterford School Holding Corporation during 2022 was $35,052. There are 411 employees and 475 volunteers at Waterford School Holding Corporation.
Here are 22 key members and their salaries:
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- Compensation: $129,663
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- Other: $7,624
Where can I find the form 990 for Waterford School Holding Corporation?
Waterford School Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waterford School Holding Corporation
Waterford School Holding Corporation, a renowned educational institution, is dedicated to providing students with a top-tier liberal arts education. The organization's mission goes beyond academics, aiming to stimulate students' intellect, ignite their passion, and shape their character. Each student's learning experience at Waterford is centered around the belief that education is the foundation for a well-lived life.
At Waterford School Holding Corporation, learning is considered a noble pursuit. The institution offers a comprehensive education from pre-kindergarten to grade 12, creating an environment where students can thrive and grow. The curriculum is designed to provide students with a strong foundation in liberal arts, fostering critical thinking, creativity, and a lifelong love for learning. Through this world-class education, Waterford aims to prepare its students for success in their future endeavors while instilling in them the values and character traits essential for a fulfilling life.
Waterford School Holding Corporation is more than just a school; it's a community where students are encouraged to explore their passions, challenge themselves, and develop their unique talents. The organization's educators are dedicated professionals who are committed to nurturing the potential within each student. By providing a supportive and engaging learning environment, Waterford empowers its students to reach their full potential and make a positive impact in the world.
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Impact
October, 2024
Waterford School Holding Corporation operates a pre-K to grade 12 independent school that emphasizes a world-class liberal arts education. Its impact is profound, as it cultivates an environment where students are encouraged to learn to learn, fostering intellectual curiosity and a passion for knowledge. The school’s commitment to a holistic education not only stimulates the intellect but also shapes character, preparing students for a well-lived life. Located in Sandy, Utah, Waterford School inspires students to engage critically with the world around them, promoting both academic excellence and personal growth. This focus on stimulating intellect and igniting passion helps to develop well-rounded individuals who are equipped to contribute positively to society.
This information is meant to be a general summary of Waterford School Holding Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $68,462
- Program Service Revenue: $27,378,863
- Gross Receipts: $38,316,960
Assets and Liabilities:
- Total Assets: $81,474,052
- Total Liabilities: $47,747,509
- Net Assets: $33,726,543
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$26,331,072
AUXILIARY REVENUES
Revenue
$1,047,791
Organization Details
Founding Year
2011
Phone
(801) 572-1780Principal Officer
Greg Miles
Main Address
1590 E 9400 S, SANDY, UT, 84093
NTEE Category
Code: B24 - Education
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