Brunswick Waldorf School Association
Brunswick Waldorf School Association: Stable Finances, High Program Spending
EIN: 222551702 · Freeport, ME · NTEE: B21Z · Updated: 2026-04-04
About Brunswick Waldorf School Association
Brunswick Waldorf School Association (EIN: 222551702) is a nonprofit organization based in Freeport, ME, classified under NTEE code B21Z. The organization reported total revenue of $7.0M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Waldorf School Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brunswick Waldorf School Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Brunswick Waldorf School Association allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported on the available Form 990s, indicating it falls below the reporting threshold or is not applicable.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Brunswick Waldorf School Association:
- Consistently high program spending, with 88% of expenses dedicated to programs in the most recent filing.
- Healthy asset base of $11,259,905 as of the most recent filing.
- Positive net assets, indicating financial stability.
Frequently Asked Questions about Brunswick Waldorf School Association
What does Brunswick Waldorf School Association do?
Brunswick Waldorf School Association is a nonprofit organization in the Education sector, located in Freeport, Maine. It is classified under NTEE code B21Z.
How much revenue does Brunswick Waldorf School Association have?
Brunswick Waldorf School Association reported total revenue of $7,031,353. Based on 14 IRS 990 filings on record.
What are Brunswick Waldorf School Association's total assets?
Brunswick Waldorf School Association holds total assets of $11,259,905 as reported in IRS 990 filings.
Where is Brunswick Waldorf School Association located?
Brunswick Waldorf School Association is based in Freeport, Maine.
What is Brunswick Waldorf School Association's EIN?
Brunswick Waldorf School Association's Employer Identification Number (EIN) is 222551702. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brunswick Waldorf School Association?
Brunswick Waldorf School Association is classified under NTEE code B21Z (Education).
Is Brunswick Waldorf School Association a registered 501(c)(3)?
Yes, Brunswick Waldorf School Association is recognized as a tax-exempt organization by the IRS. EIN: 222551702.
Does Brunswick Waldorf School Association file IRS Form 990?
Yes, Brunswick Waldorf School Association has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Brunswick Waldorf School Association's revenue in 2024?
In the 202406 filing period, Brunswick Waldorf School Association reported total revenue of $7,334,620, total expenses of $7,236,010, and net assets of $12,338,854.
Is Brunswick Waldorf School Association's revenue growing or declining?
Brunswick Waldorf School Association's revenue is growing. Revenue went from $5,962,798 (202306) to $7,334,620 (202406), a +23.0% change. Based on 14 filings on record.
What is Brunswick Waldorf School Association's most recent 990 filing?
The most recent IRS Form 990 filing for Brunswick Waldorf School Association covers tax period 202406. It shows revenue of $7,334,620, expenses of $7,236,010, total assets of $12,338,854, and liabilities of $3,114,987.
How much does Brunswick Waldorf School Association spend on programs vs administration?
Based on IRS 990 analysis, Brunswick Waldorf School Association allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Brunswick Waldorf School Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Brunswick Waldorf School Association appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Brunswick Waldorf School Association's strengths?
Positive indicators for Brunswick Waldorf School Association include: Consistently high program spending, with 88% of expenses dedicated to programs in the most recent filing.. Healthy asset base of $11,259,905 as of the most recent filing.. Positive net assets, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Brunswick Waldorf School Association compensate executives?
Executive compensation is not reported on the available Form 990s, indicating it falls below the reporting threshold or is not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to maintain a stable asset base despite fluctuations in revenue and expenses over the past few years?
The organization has maintained a relatively stable asset base, with total assets around $12-13 million for most years, despite some revenue and expense fluctuations. This suggests effective asset management and potentially consistent donor support or investment returns offsetting operational variations.
What is the primary driver of the organization's expenses, given the high program spending percentage?
Given that 88% of expenses are allocated to programs, the primary driver of expenses is directly related to the delivery of educational services and activities inherent to the Brunswick Waldorf School's mission. This indicates a strong focus on core operations.
Filing History
IRS 990 filing history for Brunswick Waldorf School Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Brunswick Waldorf School Association's revenue has grown by 145.5%, moving from $3.0M to $7.3M. Total assets increased by 141.2% over the same period, from $5.1M to $12.3M. Total functional expenses rose by 137.6%, from $3.0M to $7.2M. In its most recent filing year (2024), Brunswick Waldorf School Association reported a surplus of $99K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $12.3M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $7.3M | $7.2M | $12.3M | $3.1M | — | View 990 |
| 2023 | $6.0M | $6.3M | $12.5M | $3.1M | — | View 990 |
| 2022 | $6.5M | $6.0M | $13.0M | $3.4M | — | View 990 |
| 2021 | $5.7M | $5.8M | $13.0M | $4.0M | — | View 990 |
| 2020 | $5.7M | $5.7M | $12.6M | $3.8M | — | View 990 |
| 2019 | $5.4M | $5.3M | $12.4M | $3.4M | — | View 990 |
| 2018 | $4.8M | $4.6M | $12.6M | $3.7M | — | View 990 |
| 2017 | $6.0M | $4.3M | $11.0M | $2.4M | — | View 990 |
| 2016 | $7.0M | $4.1M | $8.5M | $1.4M | — | View 990 |
| 2015 | $4.0M | $3.6M | $5.9M | $1.3M | — | View 990 |
| 2014 | $3.5M | $3.5M | $5.5M | $1.3M | — | View 990 |
| 2013 | $3.3M | $3.2M | $5.3M | $1.2M | — | View 990 |
| 2012 | $3.3M | $3.2M | $5.4M | $1.4M | — | View 990 |
| 2011 | $3.0M | $3.0M | $5.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.3M, expenses of $7.2M, and assets of $12.3M (revenue +23.0% year-over-year).
- 2023: Revenue of $6.0M, expenses of $6.3M, and assets of $12.5M (revenue -8.8% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.0M, and assets of $13.0M (revenue +13.8% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.8M, and assets of $13.0M (revenue +0.4% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.7M, and assets of $12.6M (revenue +5.9% year-over-year).
- 2019: Revenue of $5.4M, expenses of $5.3M, and assets of $12.4M (revenue +12.2% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.6M, and assets of $12.6M (revenue -19.3% year-over-year).
- 2017: Revenue of $6.0M, expenses of $4.3M, and assets of $11.0M (revenue -14.9% year-over-year).
- 2016: Revenue of $7.0M, expenses of $4.1M, and assets of $8.5M (revenue +76.4% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.6M, and assets of $5.9M (revenue +13.7% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $5.5M (revenue +6.8% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.2M, and assets of $5.3M (revenue -1.4% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.2M, and assets of $5.4M (revenue +11.3% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.0M, and assets of $5.1M.
Data Sources and Methodology
This transparency report for Brunswick Waldorf School Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.