Civic Intelligence

Winchester Thurston School

EIN 25-1030691 • 501(c)3 • Pittsburgh, PA

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Profile

Winchester thurston school engages each student in a challenging and inspiring learning process that develops the mind, motivates the passion to achieve, and cultivates the character to serve.

555 Morewood AvenuePittsburgh, PA 15213-2899

www.winchesterthurston.org

Siviq Scores

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

Liabilities / Assets

54th percentile

0.28x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.54x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

63rd percentile

10%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$441,614

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

58th percentile

7.8%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$58,657,042

Up $4,255,338 (+7.8%) from 2023

Liabilities

Up

$16,431,343

Up $39,887 (+0.2%) from 2023

Net Assets

Up

$42,225,699

Up $4,215,451 (+11%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin63rd percentile

Revenue

Up

$30,204,025

Up $4,823,058 (+19%) from 2023

Expenses

Up

$27,170,752

Up $2,622,737 (+11%) from 2023

Net Income

Up

$3,033,273

Up $2,200,321 (+264%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

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

$60M$40M$20M$0Assets 2010: $27,528,898Liabilities 2010: $11,600,188Net Assets 2010: $15,928,7102010Assets 2011: $32,146,453Liabilities 2011: $11,937,935Net Assets 2011: $20,208,5182011Assets 2012: $31,196,075Liabilities 2012: $11,622,684Net Assets 2012: $19,573,3912012Assets 2013: $33,991,071Liabilities 2013: $12,424,393Net Assets 2013: $21,566,6782013Assets 2014: $38,825,303Liabilities 2014: $12,466,799Net Assets 2014: $26,358,5042014Assets 2015: $41,178,237Liabilities 2015: $11,949,908Net Assets 2015: $29,228,3292015Assets 2016: $39,513,490Liabilities 2016: $11,838,929Net Assets 2016: $27,674,5612016Assets 2017: $40,318,756Liabilities 2017: $11,451,903Net Assets 2017: $28,866,8532017Assets 2018: $40,772,429Liabilities 2018: $11,364,483Net Assets 2018: $29,407,9462018Assets 2019: $40,678,311Liabilities 2019: $11,388,179Net Assets 2019: $29,290,1322019Assets 2020: $42,551,186Liabilities 2020: $14,028,770Net Assets 2020: $28,522,4162020Assets 2021: $52,269,665Liabilities 2021: $19,056,604Net Assets 2021: $33,213,0612021Assets 2022: $52,052,653Liabilities 2022: $16,571,047Net Assets 2022: $35,481,6062022Assets 2023: $54,401,704Liabilities 2023: $16,391,456Net Assets 2023: $38,010,2482023Assets 2024: $58,657,042Liabilities 2024: $16,431,343Net Assets 2024: $42,225,6992024

Highlighted filing

2024

Assets$58,657,042
Liabilities$16,431,343
Net Assets$42,225,699
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $15,600,1262010Expenses 2011: $16,106,3032011Expenses 2012: $16,971,1122012Expenses 2013: $17,977,5842013Revenue 2014: $22,285,081Expenses 2014: $18,183,075Net Income 2014: $4,102,0062014Revenue 2015: $22,906,383Expenses 2015: $18,982,009Net Income 2015: $3,924,3742015Revenue 2016: $19,119,039Expenses 2016: $19,363,675Net Income 2016: -$244,6362016Revenue 2017: $19,632,738Expenses 2017: $19,986,264Net Income 2017: -$353,5262017Revenue 2018: $21,024,710Expenses 2018: $20,917,908Net Income 2018: $106,8022018Revenue 2019: $21,744,864Expenses 2019: $21,921,946Net Income 2019: -$177,0822019Revenue 2020: $22,260,432Expenses 2020: $22,439,705Net Income 2020: -$179,2732020Revenue 2021: $23,961,608Expenses 2021: $21,754,819Net Income 2021: $2,206,7892021Revenue 2022: $27,521,593Expenses 2022: $22,353,693Net Income 2022: $5,167,9002022Revenue 2023: $25,380,967Expenses 2023: $24,548,015Net Income 2023: $832,9522023Revenue 2024: $30,204,025Expenses 2024: $27,170,752Net Income 2024: $3,033,2732024

Highlighted filing

2024

Revenue$30,204,025
Expenses$27,170,752
Net Income$3,033,273
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,657,042
Liabilities
$16,431,343
Net assets
$42,225,699
Revenue
$30,204,025
Expenses
$27,170,752
Net income
$3,033,273
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.7$16.4$42.2$30.2$27.2$3.03
2023Detailed filing. Detailed filing data is available for this year.$54.4$16.4$38.0$25.4$24.5$0.83
2022Detailed filing. Detailed filing data is available for this year.$52.1$16.6$35.5$27.5$22.4$5.17
2021Detailed filing. Detailed filing data is available for this year.$52.3$19.1$33.2$24.0$21.8$2.21
2020Detailed filing. Detailed filing data is available for this year.$42.6$14.0$28.5$22.3$22.4$0.18
2019Detailed filing. Detailed filing data is available for this year.$40.7$11.4$29.3$21.7$21.9$0.18
2018Detailed filing. Detailed filing data is available for this year.$40.8$11.4$29.4$21.0$20.9$0.11
2017Detailed filing. Detailed filing data is available for this year.$40.3$11.5$28.9$19.6$20.0$0.35
2016Detailed filing. Detailed filing data is available for this year.$39.5$11.8$27.7$19.1$19.4$0.24
2015Detailed filing. Detailed filing data is available for this year.$41.2$11.9$29.2$22.9$19.0$3.92
2014Detailed filing. Detailed filing data is available for this year.$38.8$12.5$26.4$22.3$18.2$4.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.0$12.4$21.6$18.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$11.6$19.6$17.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$11.9$20.2$16.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$11.6$15.9$15.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$66,277,784
Mission and Program Overview

Mission

Winchester thurston school engages each student in a challenging and inspiring learning process that develops the mind, motivates the passion to achieve, and cultivates the character to serve.

The organization is a college-preparatory, independent, non-sectarian, day school serving boys and girls in jr. Pre-kindergarten through grade 12. The school engages each student in a challenging and inspiring learning process that develops the mind, motivates the passion to achieve, and cultivates the character to serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,830,759$25,973,382▲ $4,142,623
Land, Buildings, and Equipment, Net$19,466,832$21,350,327▲ $1,883,495
Cash and Non-Interest-Bearing Accounts$7,207,586$5,381,733▼ $1,825,853
Pledges and Grants Receivable$3,998,999$3,981,000▼ $17,999
Prepaid Expenses and Deferred Charges$265,666$587,562▲ $321,896
Accounts Receivable$162,637$167,093▲ $4,456
Inventories for Sale or Use$41,091$39,663▼ $1,428
Total Assets$54,401,704$58,657,042▲ $4,255,338
Other Assets Total$1,428,134$1,176,282▼ $251,852
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,216,435$9,886,815▼ $329,620
Deferred Revenue$4,261,419$4,426,864▲ $165,445
Accounts Payable and Accrued Expenses$1,329,637$1,668,133▲ $338,496
Other Liabilities$583,965$449,531▼ $134,434
Total Liabilities$16,391,456$16,431,343▲ $39,887
Net Assets / Fund Balance
Net Assets With Donor Restrictions$26,239,548$30,364,006▲ $4,124,458
Net Assets Without Donor Restrictions$11,770,700$11,861,693▲ $90,993
Total Net Assets Fund Balance$38,010,248$42,225,699▲ $4,215,451
Total Liabilities and Net Assets / Fund Balance$54,401,704$58,657,042▲ $4,255,338

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,017,941$11,811,424$28,829,365
Equipment$2,060,222$5,171,225$7,231,447
Land$2,272,164-$2,272,164

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$21,830,759$2,081,759▲ $3,190,224$1,129,360$25,973,382
2022$20,059,461$873,450▲ $2,117,138$1,219,290$21,830,759
2021$23,601,173$581,016▼ $2,987,264$1,135,464$20,059,461
2020$18,831,803$650,886▲ $5,193,326$1,074,842$23,601,173
2019$19,183,452$216,958▲ $482,503$1,051,110$18,831,803
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott FechHead of SchoolFT$326,232$115,382$441,614
Julia PosteraroExecutive Director of Finance and OperationsFT$131,116$51,261$182,377
Julia PosteraroExecutive Director of Finance and Op-$131,116$51,261$182,377
John CharneyExecutive Director of Facilities and RenovationFT$137,432$7,139$144,571
David WeisbordDirector of College CounselingFT$125,148$16,162$141,310
Dana KooistraDirector of Upper SchoolFT$125,489$15,453$140,942

Board Members and Trustees

NameTitle
Jessica BemerPresident
Abigail Robinson FosterVice President
Illah NourbakhshVice President
Susan HunterVice President
Andrew SantelliTrustee
Brandilyn Y DumasTrustee
Brea M HeidelbergTrustee
David KaminTrustee
Edward PerrinTrustee
Gaylen WestfallTrustee
Jennifer Gonzalez MccombTrustee
Jennifer Staley MccradyTrustee
Jian-gang Jimmy ZhuTrustee
John StensonTrustee
Joy Titus-youngTrustee
Kristen a BurnsTrustee
Natasha LawrenceTrustee
Nicole TheophilusTrustee
Phyllis CoontzTrustee
Rosalind ChowTrustee
Savita Mullapudi NarasimhanTrustee
Susanna Bjorkman FinkeTrustee
Tiffany SizemoreTrustee
Carole Oswald MarkusEmeritus
Elizabeth S HurttEmeritus
Henry Posner IiiEmeritus
Jane Arensberg ThompsonEmeritus
Rosanne Isay HarrisonEmeritus
Kristi KerinsSecretary
James IslerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lutz Briggs Schultz And AssociatesConstruction239 COUNTRY CLUB DRIVE, Elwood City, PA 16117$2,074,268
Upmc Health PlanHealth Insurance600 GRANT STREET, Pittsburgh, PA 15219$1,708,230
Regions BankPayment SolutionPO BOX 11301, Birmingham, AL 35202$1,282,294
Aladdin Food Management Services LLCSchool Lunch Program6000 TOWN CENTER BLVD STE 120, Cannonsburg, PA 15317$786,826
OmexJanitorial Services738 OHIO RIVER BLVD, Pittsburgh, PA 15202$544,599
Revenue and Support

Revenue Composition

Contributions and Grants
$4,785,623
Program Service Revenue
$23,205,868
Investment Income
$2,212,103
Other Revenue
$431
All Other Contributions
$4,669,401
Change in Net Assets
$3,033,273

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
Securities Publicly Traded26$796,378Fair Market Value
Other Non Cash Contri Table3$30,470Fair Market Value
Total Noncash Contributions29$826,848-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,774,326
Revenue Not Reported on Financial Statements
$5,429,699
Revenue Not Reported on Form 990
$1,141,185
Other Revenue Adjustments
$5,429,699
Total Revenue per Audited Statements
$25,915,511
Total Revenue per Form 990
$30,204,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,939,521
Other Expenses$7,801,963
Grants and Similar Amounts Paid$5,429,268
Total Fundraising Expense$766,549
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,379,858$3,364,165$424,751$11,168,774
Grants to Domestic Individuals$5,429,268--$5,429,268
Other Employee Benefits$1,370,831$513,990$96,699$1,981,520
Occupancy$981,981$512,370$54,704$1,549,055
Depreciation Depletion$652,500$340,456$36,349$1,029,305
Payroll Taxes$534,893$225,126$29,208$789,227
Interest-$346,039-$346,039
Office Expenses-$296,361$13,303$309,664
Travel$195,316$9,010$17,979$222,305
Insurance-$156,939-$156,939
Advertising$23,191$109,159$12,137$144,487
Other Expenses$775,399$1,255,942$81,419$81,419
Fees for Services Accounting-$42,322-$42,322
Fees for Services Legal-$38,087-$38,087
Conferences and Meetings-$4,734-$4,734
Total Functional Expenses$19,189,503$7,214,700$766,549$27,170,752

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$27,170,752
Expenses per Audited Statements$21,741,484
Total Expenses per Audited Statements$21,741,484
Expenses Not Reported on Financial Statements$5,429,268
Other Expense Adjustments$5,429,268
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,537
Fundraising Direct Expenses$3,106
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$427,065
Funds Held for Others$22,466

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMoon Industrial Development Authority2021-04-19$4,905,105Project costs for capital improvements

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,905,105--$95,839

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the 990 is provided to the audit and risk committee which is a committee of the board of trustees for their review. Then, the draft is distributed to all trustees prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Form 990, part vi, section b, line 12c: trustees sign a statement acknowledging the written policy and both are retained in the governing body files. The acknowledgement statement requires reporting of such transactions to the head of school and the board of trustees by the individual trustee.”

Form 990, Part VI, Section B, Line 15A

“Form 990, part vi, section b, line 15a: the board of trustees when determining reasonable compensation for the head of school employs a subcommittee of the board comprised of independent voting members that reviews performance, considers gathered data from similarly constituted independent schools locally and nationally, and engages an outside consultant. Other key employees have compensation determined by head of school that considers peer group collected data.”

Form 990, Part VI, Section C, Line 19

“Form 990, part vi, section c, line 19: the institution makes its bylaws, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Winchester Thurston School
EIN
25-1030691
Phone
4125787500
Address
555 MOREWOOD AVENUE, PITTSBURGH, PA 15213-2899

Signing Officer

Name
Julia Posteraro
Title
Executive Director of Finance
Phone
4125787500
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Scott D Fech Phd
Formed
1949
Legal Domicile
Pa
Voting Board Members
26
Independent Board Members
25
Employees
336
Volunteers
324

Preparer

Firm
Grossman Yanak & Ford Llp
Address
444 LIBERTY AVENUE SUITE 500, PITTSBURGH, PA 15222
Preparer
Richard E Dynoske
Phone
4123389300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Fundraising income -431. Other income (gain from involuntary conversion) 41,424.”

FORM 990, PART XII, LINE 2C:

“The process did not change from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Part x, line 2: the school accounts for uncertain tax positions under the uncertainty in income taxes subtopic of the asc. This subtopic clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes recognition thresholds and measurement principles for financial statement disclosure of tax positions to be taken or expected to be taken on a tax return. The school has reviewed all open tax years (2021-present) and major jurisdictions and has not identified any uncertain tax positions requiring an accrual or disclosure in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Reductions to tuition 5,429,268. Fundraising income 431.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Reductions to tuition 5,429,268.”

Schedule D

“Part v, line 4: the income from the endowment is used principally for financial aid and faculty development part xi, line 4b - other adjustments: financial aid is netted against tuition in audited financial statements but included as an expense on form 990. Part xi, line 4b - other adjustments: fundraising activities are reported separately on form 990. Part xii, line 4b - other adjustments: financial aid is netted against tuition in audited financial statements but included as an expense on form 990.”

Raw XML AppendixShowing 400 of 841 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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