Civic Intelligence

Western Reserve Academy

EIN 34-0714390 • 501(c)3 • Hudson, OH

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Profile

The mission of the academy is as follows: a western reserve academy education offers a transformational experience where students strive for excellence, live with integrity, and act with compassion.

115 College StreetHudson, OH 44236-2926

www.wra.net

Siviq Scores

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

Liabilities / Assets

30th percentile

0.11x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.48x

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

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$673,752

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

23rd percentile

-0.1%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Using 2017 Form 990 data because the latest 2022 filing does not report standard financial totals.

Assets

Up

$176,008,942

Up $8,356,316 (+5.0%) from 2016

Liabilities

Down

$26,388,710

Down $910,454 (-3.3%) from 2016

Net Assets

Up

$149,620,232

Up $9,266,770 (+6.6%) from 2016

Operations
Liabilities / Revenue54th percentileNet Margin74th percentile

Revenue

Up

$40,267,653

Up $7,103,791 (+21%) from 2016

Expenses

Up

$32,806,976

Up $1,905,160 (+6.2%) from 2016

Net Income

Up

$7,460,677

Up $5,198,631 (+230%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$200M$150M$100M$50M$0Assets 2010: $157,648,257Liabilities 2010: $27,825,897Net Assets 2010: $129,822,3602010Assets 2011: $164,698,453Liabilities 2011: $27,881,437Net Assets 2011: $136,817,0162011Assets 2012: $158,701,669Liabilities 2012: $29,858,711Net Assets 2012: $128,842,9582012Assets 2014: $175,653,125Liabilities 2014: $31,470,343Net Assets 2014: $144,182,7822014Assets 2015: $170,677,935Liabilities 2015: $28,517,073Net Assets 2015: $142,160,8622015Assets 2016: $167,652,626Liabilities 2016: $27,299,164Net Assets 2016: $140,353,4622016Assets 2017: $176,008,942Liabilities 2017: $26,388,710Net Assets 2017: $149,620,2322017

Latest loaded filing

2017

Assets$176,008,942
Liabilities$26,388,710
Net Assets$149,620,232
Open 2017 Filing

Operations Trend

Revenue Growth61st percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $23,548,2212010Expenses 2011: $24,729,2182011Expenses 2012: $27,147,2592012Revenue 2014: $26,092,663Expenses 2014: $27,064,329Net Income 2014: -$971,6662014Revenue 2015: $34,217,291Expenses 2015: $28,139,618Net Income 2015: $6,077,6732015Revenue 2016: $33,163,862Expenses 2016: $30,901,816Net Income 2016: $2,262,0462016Revenue 2017: $40,267,653Expenses 2017: $32,806,976Net Income 2017: $7,460,6772017

Latest loaded filing

2017

Revenue$40,267,653
Expenses$32,806,976
Net Income$7,460,677
Open 2017 Filing

Filings

Most recent year

2022 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$176$26.4$150$40.3$32.8$7.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$168$27.3$140$33.2$30.9$2.26
2015Detailed filing. Detailed filing data is available for this year.$171$28.5$142$34.2$28.1$6.08
2014Detailed filing. Detailed filing data is available for this year.$176$31.5$144$26.1$27.1$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$159$29.9$129$27.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$165$27.9$137$24.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$158$27.8$130$23.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.3
Mission and Program Overview

Mission

Mission: to prepare students to blaze trails in learning and in life.vision: to deliver an unrivaled educational experience illuminated by tradition, sparked by innovation, and energized by joy.

Filing and Contact Details

Filer

Filer Name
Western Reserve Academy
EIN
34-0714390
Phone
3306504400
Address
115 COLLEGE STREET, HUDSON, OH 44236-2926

Signing Officer

Name
Thomas Arnold
Title
CFO
Phone
3306504400
Signed
2023-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Maloney Novotny LLC
Address
1111 SUPERIOR AVE SUITE 700, CLEVELAND, OH 44114-2540
Preparer
Christopher B Anderson
Phone
2163630100
Raw XML Appendix111 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.

Path#Value
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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-1395
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt12547
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt231325
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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt44291
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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1COMMUNFUND CAP. NAT. RSCS. VII, LP
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2ORBIMED ROYALTY OPP.II, LP
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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc5AG ENERGY CREDIT OPP.FUND IV, LP
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IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc7AVERILL PARTNERS LP
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc8WASHINGTON HARBOUR CAPITAL LP
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt0-237703
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/AvlblPre2018NOLCarryoverAmt0669962
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IRS990T/BookValueAssetsEOYAmt0215260603
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
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IRS990T/ForeignTrustQuestionInd00
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IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt01774275
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IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
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IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-422151
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-422151
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IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0INVESTMENTS IN PARTNERSHIPS THAT GENERATED UNRELATED BUSINESS INCOME
IRS990TScheduleA/UBIBeforeNOLDedAmt0-422151
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-422151
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
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ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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