Overview
What is Waterhouse Guild Inc?
Waterhouse Guild Inc, based in El Segundo, California, is a nonprofit organization dedicated to supporting K-12 students, catering to a diverse range of educational, socio-economic, racial, religious, and cultural backgrounds. Their primary mission involves offering tutoring, educational support, and individualized learning plans, aiming to unearth and nurture the hidden talents within each child. During the school year, they enrolled 5 Kindergarten and 15 1st-9th grade students, with 25% of the latter needing remediation in one or more subjects at the beginning of the year. Remarkably, by the end of the year, 75% of this group demonstrated significant improvement, with over half reaching grade level. Furthermore, 40% of the students who initially showed disinterest in school and academic achievements developed a strong interest and motivation halfway through the year, resulting in enhanced academic performance and improved social interaction. With a team of 11 employees, Waterhouse Guild Inc continues to empower children, fostering their academic growth and nurturing their latent abilities.
Official website here: www.waterhouseguild.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Waterhouse Guild Inc has received a 77% rating, signifying a decent level of accountability and financial management. The overall score is based entirely on the Accountability & Finance beacon, with noteworthy strengths in areas such as program expense ratio and liabilities to assets ratio, both scoring full points, indicating efficient use of funds and no liabilities.
However, the organization faces challenges in board independence, with only 33% of board members being independent, resulting in a low score in that category. While the charity demonstrates solid governance practices, including policies for conflict of interest and whistleblower protection, the independence of the board is a critical aspect that may need attention for improved transparency and accountability.
Overall, Waterhouse Guild Inc shows a strong commitment to its financial responsibilities and program expenses, but enhancing board independence could bolster its governance and potentially improve its rating in the future. The organization maintains transparency through published governance documents and board meeting minutes, further supporting its accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Waterhouse Guild Inc legitimate?
Waterhouse Guild Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterhouse Guild Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,766
For more financial information, click here
Official website here: www.waterhouseguild.com
What is the mission statement of Waterhouse Guild Inc?
Waterhouse Guild Inc's mission is centered around providing tutoring and educational support for K-12 students, catering to a diverse range of abilities, from gifted to at-risk. Their primary goal is to identify and nurture the hidden talents in each child. They offer individualized learning plans to help students improve in areas where they are struggling and maintain their progress in other subjects. Through their services, Waterhouse Guild aims to spark interest and motivation in learning among students who previously showed disinterest, ultimately leading to improved academic achievement and social interaction.
Official website here: www.waterhouseguild.com
Who is the CEO of Waterhouse Guild Inc?
William Bredberg is the President of Waterhouse Guild Inc.
Official website here: www.waterhouseguild.com
What is the revenue of Waterhouse Guild Inc?
Waterhouse Guild Inc's revenue in 2022 was $179,833.
Official website here: www.waterhouseguild.com
Who are the executives of Waterhouse Guild Inc and what are their salaries?
The average compensation at Waterhouse Guild Inc during 2022 was $12,524. There are 11 employees and 5 volunteers at Waterhouse Guild Inc.
Here are 5 key members and their salaries:
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $2,140
- Related: $0
- Other: $0
- Compensation: $21,146
- Related: $0
- Other: $0
- Compensation: $61,395
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.waterhouseguild.com
Where can I find the form 990 for Waterhouse Guild Inc?
Waterhouse Guild Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterhouseguild.com
Learn more at the official website: www.waterhouseguild.com
Mission Statement of Waterhouse Guild Inc
Waterhouse Guild Inc is a non-profit organization dedicated to supporting K-12 students, ranging from gifted learners to those considered at-risk. Their mission is to uncover and nurture the hidden talents within each child. They achieve this by providing individualized learning plans and tutoring services, catering to the unique needs of each student. Waterhouse Guild's approach is designed to foster academic growth, with a particular focus on those students who initially struggle in one or more subjects. By the end of the school year, the organization saw significant improvements in these students, with over half of them reaching their grade level. Furthermore, Waterhouse Guild's efforts extended beyond academics, as they also noticed a rise in interest and motivation among students who previously showed disinterest in their studies. This renewed enthusiasm led to improved academic performance and social interaction among these students.
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Impact
October, 2024
Waterhouse Guild Inc has made a significant impact in the education sector by providing tailored tutoring and educational support for K-12 students. Catering to a diverse group that includes gifted students as well as those at risk, the organization offers individualized learning plans designed to uncover and nurture each child's unique abilities.
During the recent school year, Waterhouse Guild enrolled a total of 20 students, ranging from Kindergarten to 9th grade, from various socio-economic, racial, religious, and cultural backgrounds. This inclusivity is a cornerstone of their mission. Notably, 25% of the 1st to 9th-grade students entered the program requiring remediation in one or more subjects. By the end of the year, an impressive 75% of these students demonstrated significant academic progress, with over half reaching grade level.
Beyond academic improvements, the guild's initiatives fostered a renewed interest in learning among 40% of students who initially displayed disinterest and apathy towards school. This newfound motivation not only led to enhanced academic performance but also improved social interactions, demonstrating the holistic impact of their educational support.
Waterhouse Guild’s efforts are essential in promoting educational equity and transforming the lives of students, highlighting the importance of individualized attention in cultivating both academic success and personal growth.
This information is meant to be a general summary of Waterhouse Guild Inc. 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: $14
- Program Service Revenue: $177,606
- Gross Receipts: $179,833
Assets and Liabilities:
- Total Assets: $71,892
- Total Liabilities: $3,713
- Net Assets: $68,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Services
Revenue
$177,606
Organization Details
Founding Year
2015
Phone
(310) 339-5045Principal Officer
William Bredberg
Main Address
5900 W 76th Street, El Segundo, CA, 90425
Website
www.waterhouseguild.comNTEE Category
Code: B80 - Education
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