Threefold Educational Foundation & School
- Assets
- $15.4m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 232
- Location
- Chestnut Ridge, NY
- Founding
- 02/1966
- Data as of
- 06/2023
- EIN
- 13-6196291
Organization Overview
Threefold Educational Foundation & School is located in Chestnut Ridge, NY. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, Threefold Educational Foundation & School employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Threefold Educational Foundation & School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Threefold Educational Foundation & School generated $11.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $11.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THREEFOLD EDUCATIONAL FOUNDATION AND SCHOOL SERVES AND ADVANCES CULTURAL RENEWAL IN EDUCATION, AGRICULTURE, THE ARTS, SCIENCE, RELIGION, AND SOCIAL FORMS, OUT OF LOVE FOR THE ESSENTIAL NATURE OF THE HUMAN BEING AS A SPIRITUAL BEING. ROOTED IN ANTHROPOSOPHY, THE THREEFOLD EDUCATIONAL FOUNDATION MAINTAINS A SUPPORTIVE AND RECEPTIVE ENVIRONMENT FOR HUMAN GROWTH, PRACTICAL WORK, AND COMMUNITY LIFE. THE ORGANIZATION IS THE UMBRELLA ORGANIZATION FOR GREEN MEADOW WALDORF SCHOOL, EURYTHMY SPRING VALLEY POND, FIBER CRAFT STUDIO, OTTO SPECHT SCHOOL, HOLDER HOUSE, AND PFEIFFER CENTER. IN PROVIDING A HOME FOR THE PREVIOUSLY MENTIONED ORGANIZATIONS, INITIATIVES, AND INDIVIDUALS, THE ORGANIZATION FORMS A VESSEL OF COLLABORATION WHOSE SUBSTANCE ENABLES THE WORKING COMMUNITY, INSPIRES NEW FORMS FOR THE FUTURE, AND RADIATES OUT INTO THE WORLD IN SERVICE TO THE NEEDS OF OUR TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN MEADOW WALDORF SCHOOL: INDEPENDENT K-12 SCHOOL, SERVING APPROXIMATELY 268 STUDENTS DURING THE 2022-2023 FISCAL YEAR.
OTTO SPECHT SCHOOL: INDEPENDENT ELEMENTARY SCHOOL THAT SERVES CHILDREN WITH LEARNING DIFFERENCES.
EURYTHMY SPRING VALLEY: AN ADULT EDUCATION PROGRAM AND PERFORMING ENSEMBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Hall President | OfficerTrustee | 2 | $57,659 |
Elsa Macauley Vice President | OfficerTrustee | 1 | $25,458 |
Dorje Glassman Treasurer | OfficerTrustee | 2 | $0 |
Melissa Lyons Recording Secretary | OfficerTrustee | 2 | $0 |
Jeanette Rodriguez Secretary | OfficerTrustee | 1 | $66,919 |
Matt Uppenbrink Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,370,325 |
| Noncash contributions included in lines 1a–1f | $37,519 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,370,325 |
| Total Program Service Revenue | $8,480,442 |
| Investment income | $39,401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,459,805 |
| Net Gain/Loss on Asset Sales | $9,296 |
| Net Income from Fundraising Events | $16,911 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,628,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $301,991 |
| Other salaries and wages | $5,795,079 |
| Pension plan accruals and contributions | $162,932 |
| Other employee benefits | $706,805 |
| Payroll taxes | $429,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,327 |
| Fees for services: Accounting | $95,696 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $556,667 |
| Advertising and promotion | $152,197 |
| Office expenses | $178,331 |
| Information technology | $109,980 |
| Royalties | $0 |
| Occupancy | $1,155,589 |
| Travel | $30,599 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $520,923 |
| Insurance | $234,266 |
| All other expenses | $389,799 |
| Total functional expenses | $11,666,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,316,856 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $619,970 |
| Accounts receivable, net | $1,251,497 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $403,282 |
| Net Land, buildings, and equipment | $9,889,536 |
| Investments—publicly traded securities | $1,875,033 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,356,174 |
| Accounts payable and accrued expenses | $213,436 |
| Grants payable | $0 |
| Deferred revenue | $740,708 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $656,898 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $93,717 |
| Total liabilities | $1,704,759 |
| Net assets without donor restrictions | $11,834,701 |
| Net assets with donor restrictions | $1,816,714 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,356,174 |