Civic Intelligence

Woodstock Academy

EIN 06-0704624 • 501(c)3 • Woodstock, CT

View Organization Page

Profile

To prepare all students for a lifetime of learning fostering both a sense of pride in self and effective participation in family, community and the world through a diversity of educational experience

57 Academy RoadWoodstock, CT 06281

www.woodstockacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.66x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

1.01x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

51st percentile

4.7%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

6.2%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$39,377,896

Down $866,158 (-2.2%) from 2024

Liabilities

Down

$27,149,335

Down $361,377 (-1.3%) from 2024

Net Assets

Down

$12,228,561

Down $504,781 (-4.0%) from 2024

Operations
Liabilities / Revenue78th percentileNet Margin51st percentile

Revenue

Up

$24,889,525

Up $22,059 (+0.1%) from 2024

Expenses

Up

$25,419,984

Up $939,624 (+3.8%) from 2024

Net Income

Down

-$530,459

Down $917,565 (-237%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $12,555,917Liabilities 2011: $1,295,532Net Assets 2011: $11,260,3852011Assets 2012: $13,768,394Liabilities 2012: $3,106,054Net Assets 2012: $10,662,3402012Assets 2013: $15,542,556Liabilities 2013: $5,011,318Net Assets 2013: $10,531,2382013Assets 2014: $15,741,516Liabilities 2014: $5,645,953Net Assets 2014: $10,095,5632014Assets 2015: $15,719,114Liabilities 2015: $6,313,727Net Assets 2015: $9,405,3872015Assets 2016: $16,210,560Liabilities 2016: $7,184,295Net Assets 2016: $9,026,2652016Assets 2017: $30,749,963Liabilities 2017: $21,875,898Net Assets 2017: $8,874,0652017Assets 2018: $29,549,929Liabilities 2018: $21,870,414Net Assets 2018: $7,679,5152018Assets 2019: $26,769,378Liabilities 2019: $22,602,301Net Assets 2019: $4,167,0772019Assets 2020: $30,543,641Liabilities 2020: $20,918,129Net Assets 2020: $9,625,5122020Assets 2021: $31,824,143Liabilities 2021: $20,520,229Net Assets 2021: $11,303,9142021Assets 2022: $30,795,330Liabilities 2022: $19,758,188Net Assets 2022: $11,037,1422022Assets 2023: $35,725,777Liabilities 2023: $23,466,408Net Assets 2023: $12,259,3692023Assets 2024: $40,244,054Liabilities 2024: $27,510,712Net Assets 2024: $12,733,3422024Assets 2025: $39,377,896Liabilities 2025: $27,149,335Net Assets 2025: $12,228,5612025

Highlighted filing

2025

Assets$39,377,896
Liabilities$27,149,335
Net Assets$12,228,561
Open 2025 Filing

Operations Trend

Revenue Growth48th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $13,752,5022011Expenses 2012: $16,233,1382012Revenue 2013: $16,716,170Expenses 2013: $17,035,365Net Income 2013: -$319,1952013Revenue 2014: $16,121,425Expenses 2014: $16,860,192Net Income 2014: -$738,7672014Revenue 2015: $17,301,809Expenses 2015: $18,020,476Net Income 2015: -$718,6672015Revenue 2016: $17,825,851Expenses 2016: $18,159,517Net Income 2016: -$333,6662016Revenue 2017: $17,991,136Expenses 2017: $18,094,761Net Income 2017: -$103,6252017Revenue 2018: $20,392,485Expenses 2018: $21,751,439Net Income 2018: -$1,358,9542018Revenue 2019: $20,708,207Expenses 2019: $21,397,960Net Income 2019: -$689,7532019Revenue 2020: $25,959,268Expenses 2020: $20,205,082Net Income 2020: $5,754,1862020Revenue 2021: $19,974,211Expenses 2021: $18,457,721Net Income 2021: $1,516,4902021Revenue 2022: $21,847,398Expenses 2022: $21,859,011Net Income 2022: -$11,6132022Revenue 2023: $23,209,347Expenses 2023: $22,106,936Net Income 2023: $1,102,4112023Revenue 2024: $24,867,466Expenses 2024: $24,480,360Net Income 2024: $387,1062024Revenue 2025: $24,889,525Expenses 2025: $25,419,984Net Income 2025: -$530,4592025

Highlighted filing

2025

Revenue$24,889,525
Expenses$25,419,984
Net Income-$530,459
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,377,896
Liabilities
$27,149,335
Net assets
$12,228,561
Revenue
$24,889,525
Expenses
$25,419,984
Net income
-$530,459
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$39.4$27.1$12.2$24.9$25.4$0.53
2024Detailed filing. Detailed filing data is available for this year.$40.2$27.5$12.7$24.9$24.5$0.39
2023Detailed filing. Detailed filing data is available for this year.$35.7$23.5$12.3$23.2$22.1$1.10
2022Detailed filing. Detailed filing data is available for this year.$30.8$19.8$11.0$21.8$21.9$0.01
2021Detailed filing. Detailed filing data is available for this year.$31.8$20.5$11.3$20.0$18.5$1.52
2020Detailed filing. Detailed filing data is available for this year.$30.5$20.9$9.63$26.0$20.2$5.75
2019Detailed filing. Detailed filing data is available for this year.$26.8$22.6$4.17$20.7$21.4$0.69
2018Detailed filing. Detailed filing data is available for this year.$29.5$21.9$7.68$20.4$21.8$1.36
2017Detailed filing. Detailed filing data is available for this year.$30.7$21.9$8.87$18.0$18.1$0.10
2016Detailed filing. Detailed filing data is available for this year.$16.2$7.18$9.03$17.8$18.2$0.33
2015Detailed filing. Detailed filing data is available for this year.$15.7$6.31$9.41$17.3$18.0$0.72
2014Detailed filing. Detailed filing data is available for this year.$15.7$5.65$10.1$16.1$16.9$0.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$5.01$10.5$16.7$17.0$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$3.11$10.7$16.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$1.30$11.3$13.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 20, 2026
Return Version
2024v5.2
Gross Receipts
$26,043,937
Mission and Program Overview

Mission

To prepare all students for a lifetime of learning fostering both a sense of pride in self and effective participation in family, community and the world thought a diversity of educational experience

To prepare all students for a lifetime of learning fostering both a sense of pride in self and effective participation in family, community and the world through a diversity of educational experience

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,612,764$30,972,187▲ $6,359,423
Cash and Non-Interest-Bearing Accounts$4,045,982$5,164,951▲ $1,118,969
Investments in Publicly Traded Securities$1,983,302$2,148,219▲ $164,917
Pledges and Grants Receivable$1,580,244$0▼ $1,580,244
Prepaid Expenses and Deferred Charges$180,951$138,099▼ $42,852
Accounts Receivable$70,720$76,149▲ $5,429
Inventories for Sale or Use$20,910$26,177▲ $5,267
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$40,244,054$39,377,896▼ $866,158
Other Assets Total$7,749,181$852,114▼ $6,897,067
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,190,997$22,244,234▼ $946,763
Deferred Revenue$2,677,114$3,185,783▲ $508,669
Accounts Payable and Accrued Expenses$1,610,651$1,691,317▲ $80,666
Other Liabilities$31,950$28,001▼ $3,949
Total Liabilities$27,510,712$27,149,335▼ $361,377
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,733,342$12,228,561▼ $504,781
Total Net Assets Fund Balance$12,733,342$12,228,561▼ $504,781
Total Liabilities and Net Assets / Fund Balance$40,244,054$39,377,896▼ $866,158

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,423,225$21,748,569$46,171,794
Other Land Buildings$2,484,854$3,214,671$5,699,525
Land$3,843,720-$3,843,720
Equipment$220,388$249,479$469,867
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher SandfordHeadmasterFT$399,074$43,827$455,864
Holly SingletonPrincipalFT$221,934$37,072$276,727
Michael SusiAsst. Head of SchoFT$192,287$37,067$229,354
Jonathan SturdevantHead School AdvancFT$208,172$952$209,124
Amy FavreauAst Head of SchoolFT$155,552$67,785$192,653
Karin HughesDean of StudentsFT$166,110$1,006$167,116

Board Members and Trustees

NameTitle
Christine SwensonPresident
Edwin HigginsVice President
Adam KeserTrustee
Andrew BessetteTrustee
Brent TuttleTrustee
Cary BentleyTrustee
David MorseTrustee
Dr Samantha AsikainenTrustee
Eric QuinnTrustee
Heather MunroeTrustee
Jeff LarrowTrustee
Lauren BrownTrustee
Leisl LangevinTrustee
Leonard SamborowskiTrustee
Martha BeckwithTrustee
Matthew RichTrustee
Melissa Perkins-BanasTrustee
Nancy DuvallTrustee
Robert BlackmerTrustee
Robert EllsworthTrustee
Scott YoungTrustee
Dr Walter McginnAsst. Treasurer
Philippa PaquetteSecretary
Hans RhynhartTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dime Oil LLCfuel oil93 Industry Lane, Waterbury, CT 06704$269,619
Venture Communications & Security LLCComm. equip.&services321 Main Street, Danielson, CT 06239$127,046
Revenue and Support

Revenue Composition

Contributions and Grants
$901,237
Program Service Revenue
$23,571,258
Investment Income
$397,411
Other Revenue
$19,619
All Other Contributions
$621,132
Change in Net Assets
$-530,459

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$104,190cost
Total Noncash Contributions1$104,190-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,889,525
Revenue Not Reported on Form 990
$85,681
Total Revenue per Audited Statements
$24,975,206
Total Revenue per Form 990
$24,889,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,856,272
Other Expenses$9,563,712
Total Fundraising Expense$315,896
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,954,723$2,321,266$255,486$12,531,475
Other Employee Benefits$1,721,215$676,940$630$2,398,785
Occupancy$1,642,154$11,073-$1,653,227
Depreciation Depletion$1,394,938--$1,394,938
Other Expenses$1,022,673$15,719$18,777$1,057,169
Interest$693,639--$693,639
Insurance$662,532--$662,532
Travel$596,414$10,427$40,209$647,050
Fees for Services Other$477,310$1,000-$478,310
Payroll Taxes$448,394--$448,394
Current Officers, Directors, Trustees, and Key Employees-$402,874-$402,874
Office Expenses$254,061$2,197$794$257,052
Conferences and Meetings$119,499$75-$119,574
Fees for Services Legal$69,391$38,550-$107,941
Pension Plan Contributions$74,744--$74,744
Fees for Services Accounting-$29,750-$29,750
Advertising$20,889$29-$20,918
Fees for Service Investment Mgmnt Fees-$19,718-$19,718
Total Functional Expenses$21,480,793$3,623,295$315,896$25,419,984

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$25,479,988
Total Expenses per Form 990$25,419,984
Expenses per Audited Statements$25,400,266
Expenses Not Reported on Form 990$79,722
Expenses Not Reported on Financial Statements$19,718
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$20,753
Fundraising Gross Income$15,024
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$57,778$15,024$5,729$9,295
Total Events$57,778$15,024$20,753$-5,729
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Payable$28,000
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members of said Corporation shall consist of all persons twenty-one years of age or over who shall have attended The Academy conducted by said Corporation the equivalent of one school year, and shall have completed thereby with credit, the equivalent of one school years work.”

Form 990, Part VI, Section B, Line 11B

“Form 990 was reviewed by members of the board of trustees with the auditors”

Form 990, Part VI, Section C, Line 19

“Applicable documents are made available upon request to the organization.”

Filing and Contact Details

Filer

Filer Name
Woodstock Academy
EIN
06-0704624
Phone
8609286575
Address
57 Academy Road, Woodstock, CT 06281

Signing Officer

Name
Christine Swenson
Title
President
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Swenson
Formed
1801
Legal Domicile
Ct
Voting Board Members
23
Independent Board Members
22
Employees
243

Preparer

Firm
Maletta & Company
Address
43 Enterprise Drive, Bristol, CT 06010
Preparer
Michael a Maletta CPA
Phone
8605826715
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“ROUNDING = $1”

Financial Statement Notes

Part X : FIN48 Footnote

“The Academy is not a private foundation and has been granted tax-exempt status from federal income taxes under Section 501(c)(3) of the Internal Revenue code and accordingly does not provide a provision for income taxes on its related earnings.The Academy regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income, and related matters. It believes that in the event of an examination by taxing authorities, its positions would prevail based upon the technical merits of such positions. Therefore, the Academy has concluded that no tax benefits or liabilities are required to be recognized.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Direct Rental Expenses $58969 direct fundraising expense $20753 investment expenses $-19718”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Direct Rental Expense $58969 direct fundraising expense $20753”

Raw XML AppendixShowing 400 of 839 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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