Waldorf Schools Fund Inc
Waldorf Schools Fund Inc. experiences significant financial growth in latest period after a decade of small-scale operations.
EIN: 136162574 · Grosse Pointe Shores, MI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $19K |
| Program Spending | 90% |
| Net Assets | $314K |
| Transparency Score | 85/100 |
Is Waldorf Schools Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waldorf Schools Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waldorf Schools Fund Inc
Waldorf Schools Fund Inc (EIN: 136162574) is a nonprofit organization based in Grosse Pointe Shores, MI. The organization reported total revenue of $1.9M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waldorf Schools Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waldorf Schools Fund Inc is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $19K |
| Surplus / Deficit | +$860 |
| Total Assets | $314K |
| Net Assets | $314K |
| Operating Margin | 4.3% |
| Months of Reserves | 197.1 months |
Financial Health Grade: A
In 2023, Waldorf Schools Fund Inc reported a surplus of $860 with revenue exceeding expenses, holds 197.1 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | -10.3% | +0.3% |
| 2022 | +154.5% | +13.6% | +14.0% |
| 2021 | -71.2% | +36.1% | +1.7% |
| 2020 | +462.3% | -21.3% | +33.4% |
| 2019 | -66.4% | +5.0% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Waldorf Schools Fund Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Waldorf Schools Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $860, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has a very lean, uncompensated leadership structure, which is highly favorable for minimizing administrative costs.
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 Schools Fund Inc's IRS 990 filings:
- Significant unexplained jump in latest revenue and assets compared to historical trends, requiring further detail to understand its source and impact.
- NTEE code is unknown, which limits understanding of its specific charitable purpose and sector.
Strengths
The following positive indicators were identified for Waldorf Schools Fund Inc:
- Consistent 0% officer compensation, indicating a volunteer-driven or highly cost-efficient leadership.
- Historically low liabilities, suggesting sound financial management.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Accumulation of assets over time, indicating financial stability and growth potential.
Frequently Asked Questions about Waldorf Schools Fund Inc
Is Waldorf Schools Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Waldorf Schools Fund Inc (EIN: 136162574) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Waldorf Schools Fund Inc spend its money?
Waldorf Schools Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waldorf Schools Fund Inc tax-deductible?
Waldorf Schools Fund Inc is registered as a tax-exempt nonprofit (EIN: 136162574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waldorf Schools Fund Inc located?
Waldorf Schools Fund Inc is headquartered in Grosse Pointe Shores, Michigan and files with the IRS under EIN 136162574.
How many years of IRS 990 filings does Waldorf Schools Fund Inc have?
Waldorf Schools Fund Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
What caused the significant increase in revenue and assets in the latest reporting period?
The latest reported revenue of $1,894,473 and assets of $2,126,616 are substantially higher than previous years (e.g., $19,947 revenue and $313,549 assets in 2023), suggesting a major one-time event like a large donation or bequest, or a change in operational scope.
How does the organization utilize its accumulated assets?
With assets growing from $186,821 in 2014 to over $2.1 million currently, understanding how these funds are invested or deployed to support Waldorf schools or related programs is crucial for assessing long-term impact.
What are the specific program activities funded by Waldorf Schools Fund Inc.?
Given the organization's name, it's presumed to support Waldorf schools, but specific details on grants, scholarships, or other program services are not evident from the summary data and would require reviewing the full 990 forms.
Filing History
IRS 990 filing history for Waldorf Schools Fund Inc showing financial trends over 13 years of public records:
Total assets increased by 91.7% over the same period, from $164K to $314K. Total functional expenses rose by 2.5%, from $19K to $19K. In its most recent filing year (2023), Waldorf Schools Fund Inc reported a surplus of $860, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $19K | $314K | $0 | — | — |
| 2022 | $60K | $21K | $313K | $14 | — | View 990 |
| 2021 | $23K | $19K | $274K | $14 | — | View 990 |
| 2020 | $81K | $14K | $270K | $14 | — | View 990 |
| 2019 | $14K | $17K | $202K | $0 | — | View 990 |
| 2018 | $43K | $17K | $205K | $0 | — | View 990 |
| 2017 | $14K | $22K | $179K | $0 | — | View 990 |
| 2016 | $11K | $14K | $187K | $338 | — | View 990 |
| 2015 | $18K | $14K | $190K | $338 | — | View 990 |
| 2014 | $10K | $17K | $187K | $336 | — | View 990 |
| 2013 | $34K | $15K | $194K | $335 | — | View 990 |
| 2012 | $21K | $10K | $174K | $340 | — | View 990 |
| 2011 | $-30,129 | $19K | $164K | $347 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $19K, and assets of $314K (revenue -66.5% year-over-year).
- 2022: Revenue of $60K, expenses of $21K, and assets of $313K (revenue +154.5% year-over-year).
- 2021: Revenue of $23K, expenses of $19K, and assets of $274K (revenue -71.2% year-over-year).
- 2020: Revenue of $81K, expenses of $14K, and assets of $270K (revenue +462.3% year-over-year).
- 2019: Revenue of $14K, expenses of $17K, and assets of $202K (revenue -66.4% year-over-year).
- 2018: Revenue of $43K, expenses of $17K, and assets of $205K (revenue +213.9% year-over-year).
- 2017: Revenue of $14K, expenses of $22K, and assets of $179K (revenue +25.3% year-over-year).
- 2016: Revenue of $11K, expenses of $14K, and assets of $187K (revenue -39.2% year-over-year).
- 2015: Revenue of $18K, expenses of $14K, and assets of $190K (revenue +75.5% year-over-year).
- 2014: Revenue of $10K, expenses of $17K, and assets of $187K (revenue -70.1% year-over-year).
- 2013: Revenue of $34K, expenses of $15K, and assets of $194K (revenue +64.9% year-over-year).
- 2012: Revenue of $21K, expenses of $10K, and assets of $174K.
- 2011: Revenue of $-30,129, expenses of $19K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waldorf Schools Fund Inc:
Data Sources and Methodology
This transparency report for Waldorf Schools Fund Inc 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.