NonprofitsWaterford Institute Inc

Science & Technology

Waterford Institute Inc

TAYLORSVILLE, UT

Total revenue

$46.2M

Total expenses

$59.4M

Net assets

$13.0M

Grants received

$46.3M

43 grants

EIN

510202349

Tax year

2023

Mission

Waterford provides pre-k through 2nd-grade reading, math, and science programs that children can use wherever they learn.

Financials

FY 2023

Revenue

Contributions & grants$6.5M
Program service revenue$38.1M
Investment income$1.5M
Other revenue$21K
Total revenue$46.2M

Expenses

Grants paid
Salaries & benefits$39.4M
Fundraising$532K
Other expenses$20.0M
Total expenses$59.4M
Total assets$52.7M
Net assets$13.0M

People

25 listed

NameRoleCompensation

THOMAS NESS

CHIEF FINANCIAL OFFICER

Board

$273K

40 hrs/wk

REBECCA KELLEY

CHIEF OF ADVOCACY AND COMMUNITY ENGAGEMENT

Board

$237K

40 hrs/wk

LORI PUGH

CHIEF PEOPLE OFFICER

Board

$218K

40 hrs/wk

KATHY LANDON

CHIEF OPERATING OFFICER

Board

$217K

40 hrs/wk

MICHAEL HIGHT

CHIEF TECHNOLOGY OFFICER

Board

$217K

40 hrs/wk

JENNI TORRES

EXECUTIVE VP & CHIEF ACADEMIC OFFICER

Board

$192K

40 hrs/wk

ERNEST BLACKWELL

BOARD CHAIR

Board

2 hrs/wk

ALLISON GUSHEE MOLKENTHIN

BOARD MEMBER

Board

5 hrs/wk

JAMES HOLBROOK

BOARD MEMBER, SECRETARY, TREASURER

Board

2 hrs/wk

WAYNE YSAGUIRRE

BOARD MEMBER

Board

2 hrs/wk

STEPHANIE MONROE

BOARD MEMBER

Board

2 hrs/wk

MATT GRIMES

BOARD MEMBER

Board

2 hrs/wk

JACK RYAN

BOARD MEMBER

Board

2 hrs/wk

DAVID MYERS

CEO CHIEF EXECUTIVE OFFICER

Staff

$591K

40 hrs/wk

JODI SOHRT

DIRECTOR OF SCHOOL RELATIONS

Staff

$359K

40 hrs/wk

EDWARD HEUSTON

EXECUTIVE DIRECTOR

Staff

$349K

40 hrs/wk

SHERI BLACK

VICE PRESIDENT OF SCHOOL RELATIONS

Staff

$345K

40 hrs/wk

DANIEL NEWBOLD

DIRECTOR OF SCHOOL RELATIONS

Staff

$275K

40 hrs/wk

CLAUDIA MINER

EXECUTIVE DIRECTOR & CO-FOUNDER OF UPSTART

Staff

$271K

40 hrs/wk

CLARK BEAL

SVP SCHOOL RELATIONS

Staff

$252K

40 hrs/wk

BRECK NIELSEN

DIRECTOR OF SCHOOL RELATIONS

Staff

$236K

40 hrs/wk

LEAH WALKER

EVP, EQUITY AND INCLUSION

Staff

$217K

40 hrs/wk

KIM FISCHER

VICE PRESIDENT, MARKETING

Staff

$191K

40 hrs/wk

JAMES LUND

EVP, PROGRAM SUCCESS

Staff

$186K

40 hrs/wk

MICHAEL HUDSON

VP, IT & SECURITY

Staff

$175K

40 hrs/wk

Independent contractors

EVALUATION AND TRAINING INSTITUTE

EVALUATION SERVICES

$703K

KNOWLEDGE LEADERS LLC

CONTRACT RECRUITER

$205K

TANNER LC

PROFESSIONAL SERVICES

$109K

OFFOR WALKER GROUP LLC

CONSULTING SERVICES

$100K

Grants received

Showing 43 of 43

FromAmountPurposeYear
$2.4M
SCALING KINDERGARTEN READINESS PROGRAMS
2024
$67K
GENERAL SUPPORT
2024
$50K
WATERFORD UPSTART CHICAGO
2024
$25K
Thrive grant recipient
2024
$7.3M
SCALING KINDERGARTEN READINESS PROGRAMS
2023
$506K
TO SUPPORT THE UPSTART PROGRAM GOAL OF BRIDGING EARLY EDUCATION GAP
2023
$500K
TO SUPPORT SCALING PLAN
2023
$317K
EDUCATIONAL
2023
$67K
GENERAL SUPPORT
2023
$50K
WATERFORD UPSTART CHICAGO
2023
$25K
Thrive grant recipient
2023
$10.0M
PUBLIC, SOCIETAL BENEFIT
2022
$2.8M
SCALING KINDERGARTEN READINESS PROGRAMS
2022
$686K
For grant recipient's exempt purposes
2022
$317K
GENERAL OPERATING SUPPORT
2022
$67K
GENERAL SUPPORT
2022
$50K
WATERFORD UPSTART SUMMER LEARNING PATH CHICAGO
2022
$16K
Implementation funding for program related costs and support
2022
$10K
RESTRICTED PURPOSE A
2022
$1.5M
TO SUPPORT SCALING PLAN
2021
$1.0M
RESTRICTED TO SUPPORT THE GOAL OF BRIDGING THE EARLY EDUCATION GAP
2021
$425K
For grant recipient's exempt purposes
2021
$425K
For grant recipient's exempt purposes
2021
$200K
WATERFORD UPSTART SUMMER LEARNING PATH
2021
$111K
PUBLIC, SOCIETAL BENEFIT
2021
$96K
PROGRAM OPERATING COSTS
2021
$50K
WATERFORD UPSTART SUMMER LEARNING PATH CHICAGO
2021
$2.6M
SCALING KINDERGARTEN READINESS PROGRAMS
2020
$1M
To support the expansion of the UPSTART program across the United States
2020
$938K
For grant recipient's exempt purposes
2020
$831K
TO SUPPORT THE UPSTART PROGRAM GOAL OF BRIDGING EARLY EDUCATION GAP
2020
$149K
PUBLIC, SOCIETAL BENEFIT
2020
$6.7M
TO PROVIDE COVID-19 SUPPORT
2019
$451K
For grant recipient's exempt purposes
2019
$112K
PUBLIC, SOCIETAL BENEFIT
2019
$60K
UNRESTRICTED GENERAL SUPPORT
2019
$292K
For grant recipient's exempt purposes
2018
$70K
PUBLIC, SOCIETAL BENEFIT
2018
$100K
REMEDIAL EDUCATION PROGRAM.
2017
$26K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$46.3M from 18 funders · 43 grants · 2017–2024

Valhalla Foundation

$15.1M · 4 grants · 2020–2024

National Philanthropic Trust

$13.4M · 3 grants · 2019–2022

Blue Meridian Partners Inc

$8.7M · 3 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$3.2M · 7 grants · 2017–2022

Dalio Foundation Inc

$2.3M · 3 grants · 2020–2023

Omidyar Network Fund Inc

$1M · 1 grant · 2020

American Endowment Foundation

$633K · 2 grants · 2022–2023

Gs Donor Advised Philanthropy Fund

$485K · 1 grant · 2023

Details

EIN510202349
NTEE codeU410
Subsection03
Ruling date1976-10
Formed1976
Employees406
Volunteers0
WATERFORD INSTITUTE INC — Mission, Financials & Grants Received | Grantivo