Waldorf School Of Saratoga Springs

Waldorf School Of Saratoga Springs reports significant revenue growth and asset increase in latest filing, with no officer compensation.

EIN: 141707552 · Saratoga Spgs, NY · NTEE: B21Z · Updated: 2026-03-28

$3.2MRevenue

$2.0MAssets

85/100Mission Score (Excellent)

B21Z

About Waldorf School Of Saratoga Springs

Waldorf School Of Saratoga Springs (EIN: 141707552) is a nonprofit organization based in Saratoga Spgs, NY, classified under NTEE code B21Z. The organization reported total revenue of $3.2M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waldorf School Of Saratoga Springs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Waldorf School Of Saratoga Springs demonstrates a generally stable financial position, with recent filings showing a significant increase in revenue and assets. In the 202407 period, the organization reported revenue of $2,994,618 against expenses of $1,793,794, resulting in a substantial surplus. This contrasts with previous years, such as 202307, where expenses ($1,694,440) exceeded revenue ($1,400,821). The organization's assets have also grown considerably, from $695,463 in 202307 to $1,987,150 in 202407, indicating improved financial health and capacity. Liabilities have also increased, but at a slower rate than assets, suggesting a strengthening balance sheet.

Spending efficiency appears to be strong in the most recent period, with expenses significantly lower than revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial performance in 202407 suggests effective management of resources. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence. However, the lack of specific functional expense breakdowns in the provided data limits a deeper analysis of spending efficiency across different categories.

Overall, the Waldorf School Of Saratoga Springs appears to be in a robust financial state, particularly in its latest reporting period. The significant revenue growth and asset accumulation, coupled with no reported officer compensation, point to a well-managed and mission-focused organization. Continued monitoring of expense allocation would provide further insights into its operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Waldorf School Of Saratoga Springs 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 Saratoga Springs 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

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing financial resources towards the school's mission rather than executive salaries, which is commendable for an organization with recent revenues nearing $3 million.

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 Saratoga Springs's IRS 990 filings:

Fluctuating revenue and expenses in prior years, indicating potential operational inconsistencies before the recent surge.

Strengths

The following positive indicators were identified for Waldorf School Of Saratoga Springs:

Significant revenue growth in the latest filing (202407) to $2,994,618.
Substantial increase in assets to $1,987,150 in the latest period.
Consistent reporting of 0% officer compensation across all filings.
Positive operating margin in the latest period, with revenue significantly exceeding expenses ($2,994,618 vs $1,793,794).

Frequently Asked Questions about Waldorf School Of Saratoga Springs

Is Waldorf School Of Saratoga Springs financially stable?

Yes, the organization appears to be financially stable, especially given the significant increase in revenue to $2,994,618 and assets to $1,987,150 in the 202407 period, following several years of more modest or negative operating margins.

How has the organization's revenue trended?

Revenue has fluctuated, with a notable dip to $1,400,821 in 202307, but then surged to $2,994,618 in 202407, representing a substantial recovery and growth compared to previous years which typically ranged from $1.4M to $2.4M.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation across all available filings, indicating that no officers are compensated directly by the organization.

Are the assets growing faster than liabilities?

In the most recent period (202407), assets grew significantly from $695,463 to $1,987,150, while liabilities increased from $618,971 to $715,428. This indicates that assets are growing at a much faster rate than liabilities, strengthening the balance sheet.

Filing History

IRS 990 filing history for Waldorf School Of Saratoga Springs showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Waldorf School Of Saratoga Springs's revenue has grown by 41%, moving from $2.1M to $3.0M. Total assets increased by 4.3% over the same period, from $1.9M to $2.0M. Total functional expenses fell by 12.5%, from $2.0M to $1.8M. In its most recent filing year (2024), Waldorf School Of Saratoga Springs reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $715K in liabilities against $2.0M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$3.0M	$1.8M	$2.0M	$715K	—	View 990
2023	$1.4M	$1.7M	$695K	$619K	—	—
2022	$1.6M	$1.5M	$918K	$550K	—	View 990
2021	$1.5M	$1.4M	$1.2M	$942K	—	View 990
2020	$1.6M	$1.9M	$881K	$729K	—	—
2019	$2.3M	$2.4M	$1.2M	$659K	—	View 990
2018	$2.4M	$2.5M	$1.6M	$926K	—	View 990
2017	$2.5M	$2.4M	$1.7M	$1.0M	—	View 990
2016	$2.3M	$2.4M	$1.6M	$1.1M	—	View 990
2015	$2.5M	$2.5M	$1.7M	$1.1M	—	View 990
2014	$2.4M	$2.4M	$1.9M	$1.2M	—	View 990
2013	$2.3M	$2.2M	$1.8M	$1.2M	—	View 990
2012	$2.2M	$2.2M	$1.9M	$1.3M	—	View 990
2011	$2.1M	$2.0M	$1.9M	$1.3M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $3.0M, expenses of $1.8M, and assets of $2.0M (revenue +113.8% year-over-year).
2023: Revenue of $1.4M, expenses of $1.7M, and assets of $695K (revenue -12.9% year-over-year).
2022: Revenue of $1.6M, expenses of $1.5M, and assets of $918K (revenue +4.0% year-over-year).
2021: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue -2.4% year-over-year).
2020: Revenue of $1.6M, expenses of $1.9M, and assets of $881K (revenue -29.7% year-over-year).
2019: Revenue of $2.3M, expenses of $2.4M, and assets of $1.2M (revenue -5.6% year-over-year).
2018: Revenue of $2.4M, expenses of $2.5M, and assets of $1.6M (revenue -3.0% year-over-year).
2017: Revenue of $2.5M, expenses of $2.4M, and assets of $1.7M (revenue +6.1% year-over-year).
2016: Revenue of $2.3M, expenses of $2.4M, and assets of $1.6M (revenue -5.4% year-over-year).
2015: Revenue of $2.5M, expenses of $2.5M, and assets of $1.7M (revenue +2.5% year-over-year).
2014: Revenue of $2.4M, expenses of $2.4M, and assets of $1.9M (revenue +6.4% year-over-year).
2013: Revenue of $2.3M, expenses of $2.2M, and assets of $1.8M (revenue +3.5% year-over-year).
2012: Revenue of $2.2M, expenses of $2.2M, and assets of $1.9M (revenue +2.5% year-over-year).
2011: Revenue of $2.1M, expenses of $2.0M, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Waldorf School Of Saratoga Springs 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.