Civic Intelligence

The Waverly School

990 • Fiscal year 2019 • EIN 95-4869859

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 10, 2020

Organization Profilewww.thewaverlyschool.org

View Organization Page

67 West Bellevue DrivePasadena, CA 91105

(626) 792-5940

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.79x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

1.01x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

62nd percentile

7.3%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

71st percentile

$255,425

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

97th percentile

98%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

18%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$13,410,064

Up $6,638,268 (+98%) from 2018

Net Assets

Up

$2,757,284

Up $776,004 (+39%) from 2018

Liabilities

Up

$10,652,780

Up $5,862,264 (+122%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin62nd percentile

Revenue

Up

$10,583,557

Up $1,637,684 (+18%) from 2018

Expenses

Up

$9,807,553

Up $1,056,767 (+12%) from 2018

Net Income

Up

$776,004

Up $580,917 (+298%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $5,470,121Liabilities 2011: $4,715,084Net Assets 2011: $755,0372011Assets 2012: $5,605,416Liabilities 2012: $4,361,186Net Assets 2012: $1,244,2302012Assets 2013: $5,242,886Liabilities 2013: $4,260,499Net Assets 2013: $982,3872013Assets 2014: $5,361,399Liabilities 2014: $4,327,698Net Assets 2014: $1,033,7012014Assets 2015: $5,647,592Liabilities 2015: $4,568,119Net Assets 2015: $1,079,4732015Assets 2016: $5,757,192Liabilities 2016: $4,447,434Net Assets 2016: $1,309,7582016Assets 2017: $6,258,407Liabilities 2017: $4,472,214Net Assets 2017: $1,786,1932017Assets 2018: $6,771,796Liabilities 2018: $4,790,516Net Assets 2018: $1,981,2802018Assets 2019: $13,410,064Liabilities 2019: $10,652,780Net Assets 2019: $2,757,2842019Assets 2020: $14,646,257Liabilities 2020: $11,848,848Net Assets 2020: $2,797,4092020Assets 2021: $15,281,189Liabilities 2021: $12,443,638Net Assets 2021: $2,837,5512021Assets 2022: $15,060,172Liabilities 2022: $12,089,501Net Assets 2022: $2,970,6712022Assets 2023: $19,783,720Liabilities 2023: $12,831,512Net Assets 2023: $6,952,2082023Assets 2024: $18,542,402Liabilities 2024: $12,288,330Net Assets 2024: $6,254,0722024

Highlighted filing

2019

Assets$13,410,064
Liabilities$10,652,780
Net Assets$2,757,284
Open 2019 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,784,706Expenses 2011: $4,913,848Net Income 2011: -$129,1422011Revenue 2012: $5,158,367Expenses 2012: $4,669,174Net Income 2012: $489,1932012Revenue 2013: $4,942,964Expenses 2013: $5,204,980Net Income 2013: -$262,0162013Revenue 2014: $5,347,456Expenses 2014: $5,296,142Net Income 2014: $51,3142014Revenue 2015: $5,524,443Expenses 2015: $5,478,671Net Income 2015: $45,7722015Revenue 2016: $6,090,425Expenses 2016: $5,860,140Net Income 2016: $230,2852016Revenue 2017: $8,789,521Expenses 2017: $8,313,086Net Income 2017: $476,4352017Revenue 2018: $8,945,873Expenses 2018: $8,750,786Net Income 2018: $195,0872018Revenue 2019: $10,583,557Expenses 2019: $9,807,553Net Income 2019: $776,0042019Revenue 2020: $9,365,839Expenses 2020: $9,325,714Net Income 2020: $40,1252020Revenue 2021: $10,274,339Expenses 2021: $10,204,782Net Income 2021: $69,5572021Revenue 2022: $11,218,445Expenses 2022: $10,721,944Net Income 2022: $496,5012022Revenue 2023: $14,863,369Expenses 2023: $10,881,832Net Income 2023: $3,981,5372023Revenue 2024: $11,415,464Expenses 2024: $12,113,600Net Income 2024: -$698,1362024

Highlighted filing

2019

Revenue$10,583,557
Expenses$9,807,553
Net Income$776,004
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 10, 2020
Return Version
2018v3.1
Gross Receipts
$10,655,282
Mission and Program Overview

Mission

The Waverly school is a nonsectarian, coeducational, college preparatory progressive day school that spans preschool through high school. Waverly is fully accredited by the Western Association of School and Colleges and the California Association of Independent Schools. The school promotes, confident, curious, resourceful learners who demonstrate intellectual engagement, critical and creative thinking, respect for individual differences, and a strong sense of personal and social responsibility.

To educate children from preschool to twelfth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,589,915$11,121,887▲ $7,531,972
Cash and Non-Interest-Bearing Accounts$3,022,157$2,159,000▼ $863,157
Pledges and Grants Receivable$11,000$65,154▲ $54,154
Prepaid Expenses and Deferred Charges$53,172$32,641▼ $20,531
Savings and Temporary Cash Investments$15,200--
Accounts Receivable$59,621$10,651▼ $48,970
Total Assets$6,771,796$13,410,064▲ $6,638,268
Other Assets Total$20,731$20,731→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,205,875$8,834,142▲ $6,628,267
Deferred Revenue$2,243,947$1,637,623▼ $606,324
Accounts Payable and Accrued Expenses$340,694$181,015▼ $159,679
Total Liabilities$4,790,516$10,652,780▲ $5,862,264
Net Assets / Fund Balance
Unrestricted Net Assets$1,673,035$2,650,455▲ $977,420
Temporarily Rstr Net Assets$308,245$106,829▼ $201,416
Total Net Assets Fund Balance$1,981,280$2,757,284▲ $776,004
Total Liabilities and Net Assets / Fund Balance$6,771,796$13,410,064▲ $6,638,268

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,284,455$860,911$7,145,366
Land$4,633,270-$4,633,270
Leasehold Improvements$116,793$346,350$463,143
Other Land Buildings$55,002$153,538$208,540
Equipment$32,367$107,819$140,186
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heidi JohnsonHead of SchoolFT$230,444$24,981$255,425
Jason GottliebAssistant Head of SchoolFT$152,993$18,280$171,273
Joel MurilloAssistant Head of SchoolFT$125,180$9,100$134,280
Tracey FissBusiness ManagerFT$87,575$18,062$105,637

Board Members and Trustees

NameTitle
Rick SternfeldChair
Noah MayerVice Chair
Ashley PostlewaiteBoard member
Bianca PulitzerBoard member
Debbie LennonBoard member
Ellen GreenstoneBoard member
Emily StadnickiBoard member
Lillian ManzellaBoard member
Mark WoodsmallBoard member
Max DarnellBoard member
Michael DeanBoard member
Serita YoungBoard member
Susan LofgrenBoard member
Wendy LopataBoard member
Pat LeawprasertSecretary
Joanne TollTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,012,136
Program Service Revenue
$9,323,743
Investment Income
$350
Other Revenue
$247,328
All Other Contributions
$902,043
Change in Net Assets
$776,004

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,114,196
Revenue Not Reported on Financial Statements
$2,469,361
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,469,361
Total Revenue per Audited Statements
$8,114,196
Total Revenue per Form 990
$10,583,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,146,388
Grants and Similar Amounts Paid$2,469,361
Other Expenses$2,191,804
Total Fundraising Expense$167,366
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,723,972$164,544$97,802$3,986,318
Grants to Domestic Individuals$2,469,361--$2,469,361
Occupancy$575,305$25,394$14,492$615,191
Current Officers, Directors, Trustees, and Key Employees$353,928$15,638$9,295$378,861
Payroll Taxes$303,718$13,420$7,976$325,114
Other Employee Benefits$282,165$12,467$7,410$302,042
Pension Plan Contributions$143,914$6,359$3,780$154,053
Depreciation Depletion$141,707$6,261$3,722$151,690
Interest-$147,596-$147,596
Other Expenses$107,653$4,757$2,827$115,237
Fees for Services Other-$86,696-$86,696
Insurance$70,077$3,096$1,841$75,014
All Other Expenses$54,349$2,402$9,587$66,338
Office Expenses$50,685$2,242$1,383$54,310
Fees for Services Accounting-$36,405-$36,405
Fees for Services Legal-$24,357-$24,357
Conferences and Meetings$14,108$623$370$15,101
Advertising$1,768$78$46$1,892
Total Functional Expenses$9,076,354$563,833$167,366$9,807,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,807,553
Expenses per Audited Statements$7,338,192
Total Expenses per Audited Statements$7,338,192
Expenses Not Reported on Financial Statements$2,469,361
Other Expense Adjustments$2,469,361
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$71,725
Fundraising Gross Income$71,725
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$85,991$22,291$22,291$0
Jog a thon$37,502$1,573$1,573$0
Total Events$181,818$71,725$71,725$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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 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 A, line 2

“Heidi Johnson, Head of School, is married to Dan Bowen, High School History Teacher - Family relationship.”

Form 990, Part VI, Section A, line 7A

“The Board of Directors chooses new board members.”

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

“The Board's Treasurer is responsible for reviewing the draft information returns with the Head of School and the preparer prior to filing. A copy of the Form 990 is provided to all Board Members before filing. The Finance Committee reviews the return in detail at its next regularly scheduled meeting, either before or after filing. The Head of School signs the Form 990.”

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

“At various board meetings throughout the year, conflict of interest is brought up and discussed. If any changes need to be made to the forms, it is done at the meeting. New Trustees complete an extensive Board Orientation, including a Waverly Board Guidebook that further delineates how the Board discloses and manages possible or actual conflicts of interest.”

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

“The Head of School's (Chief Executive) compensation was determined by a review of the Board's Compensation Committee. The members of the committee were free of conflicts of interest and met the IRC requirements. The Head of School was not a member of the Committee and was not present for any of the committee discussions. The review was done using comparabliity data for similar organizations. This data was comprised of compensation information obtained via review of publicly available documents for Heads of School for non-profit schools in the San Gabriel Vallely and adjacent locations in the San Fernando Valley. The recommendations of the Compensation Committee were reviewed and approved by the Board of Directors in an Executive Session which exclulded the Head of School. The Head of School was not present for deliberations or for the vote. Contemporaneous documentation of the deliberation and decision was maintained as part of the Board's minutes of its executive session. 15(b) is marked NO as there are no key employees that meet the IRS definition.”

Form 990, Part VI, Section C, line 19

“The governing documents, financial statements and tax returns are available upon request at the school during normal business hours.”

Filing and Contact Details

Filer

Filer Name
The Waverly School
EIN
95-4869859
Phone
6267925940
Address
67 West Bellevue Drive, Pasadena, CA 91105

Signing Officer

Name
Heidi Johnson
Title
Head of School
Phone
6267925940
Signed
2020-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heidi Johnson
Formed
2001
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
16
Employees
97
Volunteers
18

Preparer

Firm
Harrington Group CPAs LLP
Address
234 East Colorado Blvd Suite M150, Pasadena, CA 91101
Preparer
Tonetta L Conner CPA
Phone
6264036801
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Waverly is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Waverly in their federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Waverly's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

Part XI, Line 4B - Other Adjustments:

“Tuition assistance and remission 2,469,361.”

Part XII, Line 4B - Other Adjustments:

“Tuition assistance and remission 2,469,361.”

Raw XML AppendixShowing 400 of 670 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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IRS990/Desc0The Waverly School is a non-profit, educational institution, serving children from preschool through twelfth grade. The current whole school enrollment is 375 students. Families who chose The Waverly School come from diverse backgrounds in terms of their ethnicity, culture, socioeconomic status, profession and educational attainment level.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Heidi Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1Rick Sternfeld
IRS990/Form990PartVIISectionAGrp/PersonNm2Noah Mayer
IRS990/Form990PartVIISectionAGrp/PersonNm3Joanne Toll
IRS990/Form990PartVIISectionAGrp/PersonNm4Pat Leawprasert
IRS990/Form990PartVIISectionAGrp/PersonNm5Emily Stadnicki
IRS990/Form990PartVIISectionAGrp/PersonNm6Michael Dean
IRS990/Form990PartVIISectionAGrp/PersonNm7Max Darnell
IRS990/Form990PartVIISectionAGrp/PersonNm8Ellen Greenstone
IRS990/Form990PartVIISectionAGrp/PersonNm9Debbie Lennon
IRS990/Form990PartVIISectionAGrp/PersonNm10Susan Lofgren
IRS990/Form990PartVIISectionAGrp/PersonNm11Wendy Lopata
IRS990/Form990PartVIISectionAGrp/PersonNm12Ashley Postlewaite
IRS990/Form990PartVIISectionAGrp/PersonNm13Bianca Pulitzer
IRS990/Form990PartVIISectionAGrp/PersonNm14Mark Woodsmall
IRS990/Form990PartVIISectionAGrp/PersonNm15Serita Young
IRS990/Form990PartVIISectionAGrp/PersonNm16Lillian Manzella
IRS990/Form990PartVIISectionAGrp/PersonNm17Tracey Fiss
IRS990/Form990PartVIISectionAGrp/PersonNm18Jason Gottlieb
IRS990/Form990PartVIISectionAGrp/PersonNm19Joel Murillo
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0230444
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1787575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18152993
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19125180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Business Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt18Assistant Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt19Assistant Head of School
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0110093
IRS990/FundraisingDirectExpensesAmt071725
IRS990/FundraisingGrossIncomeAmt071725
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt02469361
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02469361
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02469361
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt010655282
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt01841
IRS990/InsuranceGrp/ManagementAndGeneralAmt03096
IRS990/InsuranceGrp/ProgramServicesAmt070077
IRS990/InsuranceGrp/TotalAmt075014
IRS990/InterestGrp/ManagementAndGeneralAmt0147596
IRS990/InterestGrp/TotalAmt0147596
IRS990/InvestmentIncomeGrp/ExclusionAmt0350
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0350
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01468618
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03589915
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011121887
IRS990/LandBldgEquipCostOrOtherBssAmt012590505
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt01525
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01525
IRS990/MissionDesc0The Waverly school is a nonsectarian, coeducational, college preparatory progressive day school that spans preschool through high school. Waverly is fully accredited by the Western Association of School and Colleges and the California Association of Independent Schools. The school promotes confident, curious, resourceful learners who demonstrate intellectual engagement, critical and creative thinking, respect for individual differences, and a strong sense of personal and social responsibility.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02205875
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08834142
IRS990/NetAssetsOrFundBalancesBOYAmt01981280
IRS990/NetAssetsOrFundBalancesEOYAmt02757284
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt014492
IRS990/OccupancyGrp/ManagementAndGeneralAmt025394
IRS990/OccupancyGrp/ProgramServicesAmt0575305
IRS990/OccupancyGrp/TotalAmt0615191
IRS990/OfficeExpensesGrp/FundraisingAmt01383
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02242
IRS990/OfficeExpensesGrp/ProgramServicesAmt050685
IRS990/OfficeExpensesGrp/TotalAmt054310
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020731
IRS990/OtherAssetsTotalGrp/EOYAmt020731
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07410
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012467
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0282165
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0302042
IRS990/OtherExpensesGrp/Desc0Program expenses
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Bank charges and fees
IRS990/OtherExpensesGrp/Desc3Contract labor
IRS990/OtherExpensesGrp/FundraisingAmt03718
IRS990/OtherExpensesGrp/FundraisingAmt13117
IRS990/OtherExpensesGrp/FundraisingAmt22827
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15244
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24757
IRS990/OtherExpensesGrp/ProgramServicesAmt0523415
IRS990/OtherExpensesGrp/ProgramServicesAmt1141552
IRS990/OtherExpensesGrp/ProgramServicesAmt2118677
IRS990/OtherExpensesGrp/ProgramServicesAmt3107653
IRS990/OtherExpensesGrp/TotalAmt0523415
IRS990/OtherExpensesGrp/TotalAmt1151524
IRS990/OtherExpensesGrp/TotalAmt2127038
IRS990/OtherExpensesGrp/TotalAmt3115237
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0Field Trips
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc2Sports
IRS990/OtherRevenueMiscGrp/ExclusionAmt0176788
IRS990/OtherRevenueMiscGrp/ExclusionAmt136435
IRS990/OtherRevenueMiscGrp/ExclusionAmt232580
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0176788
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt136435
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt232580
IRS990/OtherRevenueTotalAmt0247328
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt097802
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0164544
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03723972
IRS990/OtherSalariesAndWagesGrp/TotalAmt03986318
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07976
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013420
IRS990/PayrollTaxesGrp/ProgramServicesAmt0303718
IRS990/PayrollTaxesGrp/TotalAmt0325114
IRS990/PensionPlanContributionsGrp/FundraisingAmt03780
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06359
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0143914
IRS990/PensionPlanContributionsGrp/TotalAmt0154053
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt011000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt065154
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053172
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032641
IRS990/PrincipalOfficerNm0Heidi Johnson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Fees
IRS990/ProgramServiceRevenueGrp/Desc1Summer School
IRS990/ProgramServiceRevenueGrp/Desc2Daycare Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09301903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09301903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29220
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0514463
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01967357
IRS990/PYInvestmentIncomeAmt0175
IRS990/PYOtherExpensesAmt02272186
IRS990/PYOtherRevenueAmt0187813
IRS990/PYProgramServiceRevenueAmt08243422
IRS990/PYRevenuesLessExpensesAmt0195087
IRS990/PYSalariesCompEmpBnftPaidAmt04511243
IRS990/PYTotalExpensesAmt08750786
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08945873
IRS990/QuidProQuoContributionsInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,410,064
Liabilities
$10,652,780
Net assets
$2,757,284
Revenue
$10,583,557
Expenses
$9,807,553
Net income
$776,004
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$12.3$6.25$11.4$12.1$0.70
2023Summary only. Only limited summary data is available for this year.$19.8$12.8$6.95$14.9$10.9$3.98
2022Summary only. Only limited summary data is available for this year.$15.1$12.1$2.97$11.2$10.7$0.50
2021Summary only. Only limited summary data is available for this year.$15.3$12.4$2.84$10.3$10.2$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$11.8$2.80$9.37$9.33$0.04
2019Detailed filing. Detailed filing data is available for this year.$13.4$10.7$2.76$10.6$9.81$0.78
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.77$4.79$1.98$8.95$8.75$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$4.47$1.79$8.79$8.31$0.48
2016Detailed filing. Detailed filing data is available for this year.$5.76$4.45$1.31$6.09$5.86$0.23
2015Detailed filing. Detailed filing data is available for this year.$5.65$4.57$1.08$5.52$5.48$0.05
2014Summary only. Only limited summary data is available for this year.$5.36$4.33$1.03$5.35$5.30$0.05
2013Summary only. Only limited summary data is available for this year.$5.24$4.26$0.98$4.94$5.20$0.26
2012Summary only. Only limited summary data is available for this year.$5.61$4.36$1.24$5.16$4.67$0.49
2011Summary only. Only limited summary data is available for this year.$5.47$4.72$0.76$4.78$4.91$0.13