Waldorf School Association Of Michigan
- Assets
- $4.1m
- Revenue
- $3.8m
- Investments
- $2.6m
- Employees
- 78
- Location
- Detroit, MI
- Founding
- 10/1965
- Data as of
- 06/2022
- EIN
- 38-1790921
Organization Overview
Waldorf School Association Of Michigan, operating under the name Detroit Waldorf School, is located in Detroit, MI. The organization was established in 1965. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Detroit Waldorf School employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Waldorf 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 06/2022, Detroit Waldorf School generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A RICH AND DYNAMIC PRE-K - 8TH GRADE WALDORF EDUCATION TO A DIVERSE STUDENT BODY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC PROGRAMS - THE PURPOSE OF THE SCHOOL IS TO PROVIDE A RICH AND DYNAMIC WALDORF EDUCATION FOR STUDENTS FROM PRE K THROUGH 8TH GRADE TO A GEOGRAPHICALLY, RACIALLY, AND SOCIO-ECONOMICALLY DIVERSE STUDENT BODY IN DETROIT AND SOUTHEAST MICHIGAN. THE SCHOOL IS DEDICATED TO HELPING EACH CHILD DEVELOP HIS OR HER FULL HUMAN POTENTIAL: CLEAR, CREATIVE THOUGHT AND EXPRESSION, BALANCE AND COMPASSION IN FEELING; CONSCIENCE AND INITIATIVE IN ACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Williams Trustee/teacher | Trustee | 40 | $63,968 |
Susann Herb-Eddy Trustee/teacher | Trustee | 40 | $61,200 |
Dianna Guldi Administrative Coordinator | Officer | 40 | $55,768 |
Justin Trombly Trustee/co-College Chair | Trustee | 40 | $54,600 |
Benjamin Linstrom Trustee/faculty Chair | Trustee | 40 | $51,060 |
Thomas Linn Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $441,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $810,478 |
| Noncash contributions included in lines 1a–1f | $450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,251,559 |
| Total Program Service Revenue | $2,376,971 |
| Investment income | $37,696 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,000 |
| Net Gain/Loss on Asset Sales | $6,585 |
| Net Income from Fundraising Events | $103,100 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,796,499 |
| 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. | $356,421 |
| Compensation of current officers, directors, key employees. | $96,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,635,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $232,910 |
| Payroll taxes | $144,424 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,468 |
| Advertising and promotion | $0 |
| Office expenses | $9,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $216,343 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,768 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,543 |
| Insurance | $45,144 |
| All other expenses | $0 |
| Total functional expenses | $2,953,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,171 |
| Savings and temporary cash investments | $154,887 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,808 |
| 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 | $7,258 |
| Net Land, buildings, and equipment | $609,724 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,638,455 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $412,010 |
| Total assets | $4,112,313 |
| Accounts payable and accrued expenses | $90,791 |
| Grants payable | $0 |
| Deferred revenue | $248,789 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $134,656 |
| Total liabilities | $474,236 |
| Net assets without donor restrictions | $3,154,298 |
| Net assets with donor restrictions | $483,779 |
| 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 | $4,112,313 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Waldorf School Association Of Michigan has recieved totaling $72,900.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: COVID-19 RELIEF OXYGEN | $34,005 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $20,054 |
Rudolf Steiner Foundation Inc San Francisco, CA PURPOSE: FOR THE DETROIT WALDORF SCHOOL, AS DESCRIBED IN YOUR FUNDING PROPOSAL TO THE RUDOLF STEINER CHARITABLE TRUST | $8,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,188 |
Chaim Fanny Louis Benjamin & Anne Florence Kaufman Memorial Trust Chicago, IL PURPOSE: GENERAL | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $653 |
Endowment Analysis
| Beg. Balance | $871,892 |
| Earnings | -$122,165 |
| Net Contributions | $576,607 |
| Other Expense | $32,774 |
| Ending Balance | $1,293,560 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillel Day School Of Metropolitan Detroit Farmington Hills, MI | $33,929,140 | $16,693,073 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Academy Of Basic Education Inc Brookfield, WI | $40,498,539 | $16,384,035 |
Lake Ridge Academy North Ridgeville, OH | $14,038,501 | $14,431,885 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Yeshiva Derech Hatorah Cleveland Heights, OH | $14,161,211 | $18,658,686 |
Old Trail School Bath, OH | $25,123,722 | $12,148,304 |
Madison Country Day School Inc Waunakee, WI | $14,581,268 | $10,698,482 |
Zeeland Christian School Zeeland, MI | $19,623,288 | $11,238,716 |
Kalamazoo Christian School Association Kalamazoo, MI | $19,698,055 | $12,128,711 |
Cornerstone Academy Community School Westerville, OH | $16,929,635 | $10,436,135 |