The White Mountain Waldorf School
White Mountain Waldorf School reports negative revenue and near-zero assets in latest filing, indicating severe financial distress.
EIN: 20378184 · North Conway, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $60K |
| Program Spending | 75% |
| Net Assets | $35K |
| Transparency Score | 30/100 |
Is The White Mountain Waldorf School Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The White Mountain Waldorf School directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The White Mountain Waldorf School
The White Mountain Waldorf School (EIN: 20378184) is a nonprofit organization based in North Conway, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The White Mountain Waldorf School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The White Mountain Waldorf School is a micro nonprofit that has been operating for 40 years, with 11 years of IRS 990 filings on record (2011–2021).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -217.9% | -88.6% | -96.8% |
| 2020 | -29.8% | -15.4% | -6.4% |
| 2019 | -10.4% | -8.8% | -1.5% |
| 2018 | +14.6% | -4.0% | -4.0% |
| 2017 | -4.2% | +11.0% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The White Mountain Waldorf School with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The White Mountain Waldorf School allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers did not receive salaries, which is commendable for an organization of its size and financial situation.
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.
Red Flags
The following concerns were identified during AI analysis of The White Mountain Waldorf School's IRS 990 filings:
- Negative revenue reported in the latest filing ($-515,513 in 202106).
- Assets plummeted from over $1 million to $34,527 in the latest filing.
- Consistent pattern of expenses exceeding revenue in multiple prior years (e.g., 2020, 2017, 2016, 2015, 2014, 2012).
- Significant decline in total assets over the decade, from $1,559,465 in 2012 to $34,527 in 2021.
Strengths
The following positive indicators were identified for The White Mountain Waldorf School:
- Zero officer compensation reported across all filings, indicating a commitment to minimizing administrative overhead from leadership salaries.
- Historically maintained over $1 million in assets for many years prior to the 2021 filing.
Frequently Asked Questions about The White Mountain Waldorf School
Is The White Mountain Waldorf School a legitimate charity?
Based on AI analysis of IRS 990 filings, The White Mountain Waldorf School (EIN: 20378184) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does The White Mountain Waldorf School spend its money?
The White Mountain Waldorf School directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The White Mountain Waldorf School tax-deductible?
The White Mountain Waldorf School is registered as a tax-exempt nonprofit (EIN: 20378184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The White Mountain Waldorf School's spending goes to programs?
The White Mountain Waldorf School directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The White Mountain Waldorf School located?
The White Mountain Waldorf School is headquartered in North Conway, New Hampshire and files with the IRS under EIN 20378184.
How many years of IRS 990 filings does The White Mountain Waldorf School have?
The White Mountain Waldorf School has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is The White Mountain Waldorf School still operational?
The latest filing (Period 202106) showing negative revenue of $-515,513 and assets of only $34,527 strongly suggests the organization may have ceased or significantly scaled down operations. Further investigation into public records or direct contact would be needed to confirm its current status.
What caused the drastic decline in revenue and assets in the 2021 filing?
The provided data does not specify the cause. A negative revenue figure often indicates significant returns, refunds, or a major accounting adjustment, possibly related to closure or asset liquidation. The substantial drop in assets from $1,095,139 in 2020 to $34,527 in 2021 points to a major financial event.
How did the organization manage its finances prior to the 2021 filing?
From 2012 to 2020, the organization generally operated with revenues between $400,000 and $700,000, but expenses frequently exceeded revenue (e.g., 2020: $528,977 expenses vs. $437,380 revenue), leading to a gradual decrease in assets over time.
Filing History
IRS 990 filing history for The White Mountain Waldorf School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), The White Mountain Waldorf School's revenue has declined by 176.5%, moving from $674K to $-515,513. Total assets decreased by 97.9% over the same period, from $1.6M to $35K. Total functional expenses fell by 91.1%, from $680K to $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $-515,513 | $60K | $35K | $0 | — | — |
| 2020 | $437K | $529K | $1.1M | $485K | — | View 990 |
| 2019 | $623K | $625K | $1.2M | $468K | — | View 990 |
| 2018 | $695K | $686K | $1.2M | $484K | — | View 990 |
| 2017 | $606K | $714K | $1.2M | $542K | — | View 990 |
| 2016 | $633K | $643K | $1.3M | $507K | — | View 990 |
| 2015 | $498K | $552K | $1.4M | $554K | — | View 990 |
| 2014 | $569K | $642K | $1.5M | $587K | — | View 990 |
| 2013 | $612K | $606K | $1.5M | $586K | — | View 990 |
| 2012 | $638K | $732K | $1.6M | $627K | — | View 990 |
| 2011 | $674K | $680K | $1.6M | $614K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $-515,513, expenses of $60K, and assets of $35K (revenue -217.9% year-over-year).
- 2020: Revenue of $437K, expenses of $529K, and assets of $1.1M (revenue -29.8% year-over-year).
- 2019: Revenue of $623K, expenses of $625K, and assets of $1.2M (revenue -10.4% year-over-year).
- 2018: Revenue of $695K, expenses of $686K, and assets of $1.2M (revenue +14.6% year-over-year).
- 2017: Revenue of $606K, expenses of $714K, and assets of $1.2M (revenue -4.2% year-over-year).
- 2016: Revenue of $633K, expenses of $643K, and assets of $1.3M (revenue +27.2% year-over-year).
- 2015: Revenue of $498K, expenses of $552K, and assets of $1.4M (revenue -12.5% year-over-year).
- 2014: Revenue of $569K, expenses of $642K, and assets of $1.5M (revenue -7.0% year-over-year).
- 2013: Revenue of $612K, expenses of $606K, and assets of $1.5M (revenue -4.2% year-over-year).
- 2012: Revenue of $638K, expenses of $732K, and assets of $1.6M (revenue -5.2% year-over-year).
- 2011: Revenue of $674K, expenses of $680K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The White Mountain Waldorf School:
Data Sources and Methodology
This transparency report for The White Mountain Waldorf School 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.