Middle Way School is located in Woodstock, NY. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Middle Way School employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middle Way 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, Middle Way School generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.6% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
MIDDLE WAY SCHOOL'S CENTRAL MISSION IS TO INTEGRATE THE BUDDHA DHARMA WITH PROGRESSIVE EDUCATION IN ACADEMICS AND ALL OTHER ACTIVITIES AT THE SCHOOL. MWS IS CREATING A MODEL BUDDHIST CURRICULUM IN COLLABORATION WITH MIDDLE WAY EDUCATION, THE SCHOOL'S SISTER ORGANIZATION. THE MWS CURRICULUM WILL BE MADE AVAILABLE TO OTHER LIKE MINDED EDUCATORS AND EDUCATIONAL ORGANIZATIONS AROUND THE GLOBE. MWS'S ASPIRATION IS TO PREPARE STUDENTS TO CONFIDENTLY TAKE THEIR PLACES IN THE MODERN WORLD WITH NOBLE QUALITIES SUCH AS DISCERNING WISDOM, COMPASSION, GENEROSITY AND DISCIPLINE. BEING A DECENT HUMAN BEING WHILE ALSO HAVING FUN ARE HIGH PRIORITIES AT MWS. WE FURTHER STRIVE TO IMPART MWS GRADUATES WITH AN EXPERIENTIAL UNDERSTANDING OF MEDITATION AND THE BASICS OF THE BUDDHIST VIEW INCLUDING IMPERMANENCE, INTERDEPENDENCE IN TANDEM WITH A FUNDAMENTAL MOTIVATION OF ALTRUISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS ONE OF THE FIRST BUDDHIST ELEMENTARY SCHOOLS FOR CHILDREN IN THE WEST, MWS IS AN INDEPENDENT PROGRESSIVE BUDDHIST ELEMENTARY SCHOOL WITH APPROXIMATELY 100 STUDENTS AGES 3-12 ENROLLED IN PRE-K TO 6TH GRADE. IN TANDEM WITH THE CORE DHARMA FOCUS OF THE SCHOOL'S MISSION IS A COMMITMENT TO BEING AN ACADEMICALLY EXCELLENT SCHOOL. STUDENTS LEARN A SECOND LANGUAGE, DEVELOP SKILLS IN MUSIC AND ART AND GROW CONFIDENT IN THE SCIENCES, MATH, AND LITERACY. IT IS CENTRAL TO OUR MISSION TO INFUSE ACADEMICS AND OTHER ACTIVITIES WITH DHARMIC PRINCIPLES SUCH AS IMPERMANENCE, LINEAGE, INTERDEPENDENCE AND REFUGE. WE ASPIRE TO BRING FORTH A LIFELONG LOVE OF LEARNING IN OUR CHILDREN. THIS REQUIRES HIGH-QUALITY, PROGRESSIVE TEACHERS WITH A CURIOSITY FOR THE DHARMA AND A STRONG SUPPORTIVE ADMINISTRATION. STUDENTS AND FAMILIES RECEIVE DEDICATED ATTENTION AND INDIVIDUALIZED INSTRUCTION, AS WELL AS AN INVITATION TO WALK THE PATH OF WAKEFULNESS. THE MIDDLE WAY SCHOOL IS A 501(C)3 ORGANIZATION INCORPORATED IN THE STATE OF NEW YORK AND RECOGNIZED BY THE NYS EDUCATION DEPARTMENT (NYSED) AS A NONPUBLIC SCHOOL. IT IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND THE ULSTER COUNTY CHAMBER OF COMMERCE. THE RESEARCH AND DEVELOPMENT OF THE MWS MODEL HAPPENS IN COLLABORATION WITH MIDDLE WAY EDUCATION, A SEPARATE NOT FOR PROFIT ORGANIZATION DEDICATED TO CREATING PATHWAYS FOR TRADITIONAL BUDDHIST WISDOM AND KNOWLEDGE TO ENHANCE MODERN EDUCATION FOR THE BENEFIT OF THIS AND FUTURE GENERATIONS. THE MIDDLE WAY SCHOOL HIRES AND ENROLLS WITHOUT DISCRIMINATING AGAINST ANY IDENTIFYING FACTOR WHICH MAY INCLUDE RACE, AGE, NATIONAL OR ETHNIC ORIGIN, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, OR SOCIOECONOMIC BACKGROUND. WE WILL MAKE ACCESSIBILITY ACCOMMODATIONS FOR INDIVIDUALS WITH DISABILITIES TO THE FULLEST EXTENT POSSIBLE. AS AN INSTITUTION AND AS INDIVIDUALS WE RECOGNIZE THAT WE HAVE THE RESPONSIBILITY TO ACTIVELY CHANGE THE POWER DIFFERENCES THAT PERPETUATE BIASES AGAINST HISTORICALLY UNDERREPRESENTED GROUPS. OUR INCLUSION EFFORTS ARE A DYNAMIC PROCESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grace Louis Head Of Scho | Officer | 40 | $74,414 |
Emily Chen Secretary | OfficerTrustee | 2 | $0 |
Harvey Feldstein Trustee | OfficerTrustee | 2 | $0 |
Cecile Hohenlohe Board Chair | Trustee | 2 | $0 |
Sonam Tenzing Treasurer | OfficerTrustee | 2 | $0 |
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 | $479,344 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $479,344 |
Total Program Service Revenue | $664,897 |
Investment income | $550 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,144,791 |
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. | $74,414 |
Compensation of current officers, directors, key employees. | $4,642 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $738,652 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $38,906 |
Payroll taxes | $74,328 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,329 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,573 |
Advertising and promotion | $5,302 |
Office expenses | $7,034 |
Information technology | $4,139 |
Royalties | $0 |
Occupancy | $15,459 |
Travel | $8 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,822 |
Insurance | $7,734 |
All other expenses | $18,457 |
Total functional expenses | $1,222,411 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $332,773 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $1,940 |
Net Land, buildings, and equipment | $1,088,002 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,422,715 |
Accounts payable and accrued expenses | $12,750 |
Grants payable | $0 |
Deferred revenue | $36,000 |
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 | $0 |
Total liabilities | $48,750 |
Net assets without donor restrictions | $1,373,965 |
Net assets with donor restrictions | $0 |
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 | $1,422,715 |