Waterside School
Waterside School reported $10.6 million in revenue and $10.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.02 went to program services, $17.72 to management and general costs and $4.26 to fundraising. Its largest source of revenue was contributions and grants: 46.8% of the total. The highest compensation it reported for one person was $402,044 (EXECUTIVE DIRECTOR (THRU 6/30/25)). 7 people received more than $100,000 in reportable compensation. Revenue rose 52% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 46.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 39.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $402,044 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.74% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 86.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 25 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR (THRU 6/30/25) Director/trustee, officer, 40.00 hrs/week | $368,544 | $0 | $33,500 | $402,044 |
| FORMER OFFICER, CONSULTANT Highest compensated employee, 20.00 hrs/week | $233,000 | $0 | $0 | $233,000 |
| DIRECTOR OF DEVELOPMENT Officer, 40.00 hrs/week | $187,522 | $0 | $12,095 | $199,617 |
| ASST HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $103,909 | $0 | $9,960 | $113,869 |
| DIRECTOR OF ADMISSIONS & TEACHER Highest compensated employee, 40.00 hrs/week | $102,315 | $0 | $10,113 | $112,428 |
| DIR OF ALUMNI SUCCESS Highest compensated employee, 40.00 hrs/week | $106,279 | $0 | $2,366 | $108,645 |
| PARENT SERVICES LEAD Highest compensated employee, 40.00 hrs/week | $101,542 | $0 | $2,382 | $103,924 |
| CONTROLLER Officer, 24.00 hrs/week | $73,699 | $0 | $0 | $73,699 |
7 people received more than $100,000 in reportable compensation from Waterside School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $733K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b25 · 24 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 597
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
44 private foundations reported grants to Waterside School totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Waterside School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Waterside School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Waterside School spent in FY2025, $78.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Information TrustOmaha, NE · revenue $11M · programs 60.0% · 2024
- Santa Barbara Middle SchoolSanta Barbara, CA · revenue $11M · programs 66.2% · FY2025
- Oak Hill AcademyLincroft, NJ · revenue $11M · programs 83.9% · FY2025
- Alliance Center for EducationCharlotte, NC · revenue $11M · programs 86.2% · 2025
- Whittier Christian High SchoolLA Habra, CA · revenue $11M · programs 73.3% · FY2025
Questions people ask
How much of Waterside School's spending goes to programs?
In the fiscal year ending June 30, 2025, Waterside School reported that 78.0% of its $10.7 million in expenses went to program services, 17.7% to management and general and 4.3% to fundraising (Form 990, Part IX).
How much does Waterside School pay its top executive?
The largest total compensation Waterside School reported for one person in the fiscal year ending June 30, 2025 was $402,044, for the role of EXECUTIVE DIRECTOR (THRU 6/30/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Waterside School get its money?
Of $10.6 million in revenue in the fiscal year ending June 30, 2025, 46.8% came from contributions and grants and 39.3% from program service revenue (Form 990, Part VIII).
Is Waterside School a registered charity?
The IRS lists EIN 06-1609222 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349306476 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511159349302006 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349307583 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341099349300714 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349303728 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111369349301566 · read the filing
All filings for EIN 06-1609222: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.