Waldorf School Of Garden City
Waldorf School Of Garden City shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 111855654 · Garden City, NY · NTEE: B21Z · Updated: 2026-03-28
Is Waldorf School Of Garden City Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waldorf School Of Garden City directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waldorf School Of Garden City
Waldorf School Of Garden City (EIN: 111855654) is a nonprofit organization based in Garden City, NY, classified under NTEE code B21Z. The organization reported total revenue of $15.2M and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waldorf School Of Garden City'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 Waldorf School Of Garden City 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Waldorf School Of Garden City allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests either that no officers receive compensation or that compensation is reported in other categories not captured by this summary field. This requires a deeper dive into the full 990 forms to understand the complete picture of executive remuneration relative to the organization's multi-million dollar revenue and asset base.
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 Waldorf School Of Garden City's IRS 990 filings:
- Consistent 0% officer compensation reported in summary data, requiring full 990 review for complete compensation transparency.
Strengths
The following positive indicators were identified for Waldorf School Of Garden City:
- Consistent revenue growth over the past decade, from $8.7M in 2014 to $13.1M in 2023.
- Steady increase in assets, from $9.3M in 2014 to $14.1M in 2023, indicating financial stability.
- Expenses generally kept in line with revenue, demonstrating sound financial management.
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 202306: Liabilities $3.1M vs. Assets $14.1M).
Frequently Asked Questions about Waldorf School Of Garden City
Is Waldorf School Of Garden City a legitimate charity?
Based on AI analysis of IRS 990 filings, Waldorf School Of Garden City (EIN: 111855654) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Waldorf School Of Garden City spend its money?
Waldorf School Of Garden City directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waldorf School Of Garden City tax-deductible?
Waldorf School Of Garden City is registered as a tax-exempt nonprofit (EIN: 111855654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Waldorf School Of Garden City a good charity?
Based on the provided financial data, the organization demonstrates strong financial stability with consistent revenue growth and asset accumulation. The lack of reported officer compensation in the summary data is unusual and would require reviewing the full 990 forms to ensure transparency in executive pay. Assuming program spending is high, it appears to be a well-managed organization.
What is the trend in the organization's net assets?
The organization's net assets have shown a positive trend, growing from $9,382,522 in 2014 to $14,149,609 in 2023, indicating financial health and growth.
How does the organization's revenue compare to its expenses?
For most periods, the organization's revenue has slightly exceeded or been very close to its expenses, indicating a balanced budget and sustainable operations. For example, in 202306, revenue was $13,185,965 and expenses were $13,162,600.
Filing History
IRS 990 filing history for Waldorf School Of Garden City showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waldorf School Of Garden City's revenue has grown by 71.2%, moving from $7.7M to $13.2M. Total assets increased by 61% over the same period, from $8.8M to $14.1M. Total functional expenses rose by 76.7%, from $7.5M to $13.2M. In its most recent filing year (2023), Waldorf School Of Garden City reported a surplus of $23K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $14.1M in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $13.2M | $13.2M | $14.1M | $3.1M | — | View 990 |
| 2022 | $13.6M | $12.1M | $13.7M | $2.9M | — | View 990 |
| 2021 | $11.6M | $9.9M | $14.6M | $4.4M | — | View 990 |
| 2020 | $11.6M | $11.7M | $11.1M | $3.5M | — | View 990 |
| 2019 | $12.0M | $11.9M | $11.5M | $3.8M | — | View 990 |
| 2018 | $11.5M | $11.5M | $11.2M | $3.8M | — | View 990 |
| 2017 | $11.2M | $11.2M | $10.6M | $3.4M | — | View 990 |
| 2016 | $9.9M | $10.1M | $9.9M | $3.1M | — | View 990 |
| 2015 | $9.5M | $9.5M | $9.7M | $2.7M | — | View 990 |
| 2014 | $8.7M | $8.8M | $9.4M | $2.4M | — | View 990 |
| 2013 | $8.5M | $8.7M | $8.8M | $2.2M | — | View 990 |
| 2012 | $7.6M | $7.9M | $8.9M | $2.3M | — | View 990 |
| 2011 | $7.7M | $7.5M | $8.8M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.2M, expenses of $13.2M, and assets of $14.1M (revenue -3.1% year-over-year).
- 2022: Revenue of $13.6M, expenses of $12.1M, and assets of $13.7M (revenue +17.6% year-over-year).
- 2021: Revenue of $11.6M, expenses of $9.9M, and assets of $14.6M (revenue -0.7% year-over-year).
- 2020: Revenue of $11.6M, expenses of $11.7M, and assets of $11.1M (revenue -2.9% year-over-year).
- 2019: Revenue of $12.0M, expenses of $11.9M, and assets of $11.5M (revenue +4.0% year-over-year).
- 2018: Revenue of $11.5M, expenses of $11.5M, and assets of $11.2M (revenue +3.1% year-over-year).
- 2017: Revenue of $11.2M, expenses of $11.2M, and assets of $10.6M (revenue +12.4% year-over-year).
- 2016: Revenue of $9.9M, expenses of $10.1M, and assets of $9.9M (revenue +4.7% year-over-year).
- 2015: Revenue of $9.5M, expenses of $9.5M, and assets of $9.7M (revenue +9.2% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.8M, and assets of $9.4M (revenue +2.8% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.7M, and assets of $8.8M (revenue +11.5% year-over-year).
- 2012: Revenue of $7.6M, expenses of $7.9M, and assets of $8.9M (revenue -1.4% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.5M, and assets of $8.8M.
Data Sources and Methodology
This transparency report for Waldorf School Of Garden City 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.