The Well School FY2023 filing

Tax-deductible

Peterborough, NH501(c)(3)Since 1967EIN 02-6017362Revenue $1.9M in FY2023

On file with the IRSwellschool.org36 Well School Rd, 03458-2060 · Peterborough, NHTax-exempt since Sep 1969Publicly supported charity — 170(b)(1)(A)(vi)

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The Well School seeks to inspire confidence, passion, and a love of learning in every child.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $5K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $21K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+14% vs prior year
Spent
$1.9M
To programs
68%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$1.9M
FY2023▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.6M
FY2022$1.7M
FY2023$1.9M
FY2024$2.1M
FY2024$2.2M
Expenses
$1.9M
FY2023▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.6M
FY2023$1.9M
FY2024$2.2M
FY2024$2.0M
Net assets
$1.3M
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.2M
FY2024$1.3M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $1.3M Management & general 31% · $592K Fundraising 1% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024
Thomas Mackey$28,947$86,582
Anne Swayze$45,115—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires confidence, passion, and a love of learning in every child.

Questions for The Well School

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2022
01

The well schools curriculum focuses on the whole child, emphasizing rigorous academics, performing and visual arts, the outdoors, and physical activity. Students gain a love of learning and receive a variety of tools for more advanced study as they grow.

$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$21K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$92K
Investment incomeLn 3$7K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.3M
Managementcol C$592K
Fundraisingcol D$13K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$938K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$92K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$7K
Gains on assetsLn 7$6K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$780K
SavingsLn 2$158K
Cash and savings togetherLn 1–2$938K
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$6K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.2M
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 561
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$929K$938K
Land, buildings, equipmentLn 10c$1.5M$1.5M
Total assetsLn 16$2.5M$2.5M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$1.3M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.2M$957K$239K
Other employee benefitsLn 9$54K$43K$11K
Payroll taxesLn 10$94K$76K$19K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$4K$64$4K
Advertising and promotionLn 12$24K$12K$12K
Office expensesLn 13$9K$1K$7K
OccupancyLn 16$40K$40K
TravelLn 17$16K$12K$3K
InterestLn 20$46K$46K
Depreciation, depletion and amortizationLn 22$60K$60K
InsuranceLn 23$56K$56K
Other expenses (24a–d)Ln 24$222K$157K$65K
All other expensesLn 24e$43K$20K$9K$13K
Total functional expensesLn 25$1.9M$1.3M$592K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.1M$2.2M−$126K$1.2M 990 PDF
FY2023 Viewing $1.9M$1.9M$25K$1.3M 990 PDF
FY2022 $1.7M$1.6M$36K$1.3M 990 PDF
FY2021 $1.6M$1.5M$114K$1.2M 990 PDF
FY2020 $1.4M$1.5M−$75K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $1,909,789 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $80,370$91,697
I-9 Program service revenuePrior year $1,590,481$1,810,734
I-10 Investment incomePrior year $785$7,358
I-11 Other revenue$0
I-12 Total revenuePrior year $1,671,636$1,909,789
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,165,455$1,345,465
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $470,047$538,967
I-18 Total expensesPrior year $1,635,502$1,884,432
I-19 Revenue less expensesPrior year $36,134$25,357
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,909,789 across 6 lines filed
VIII-1f All other contributions, gifts and grants$91,697
VIII-1h Total contributions, gifts and grants$91,697
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,810,734$1,810,734
VIII-3 Investment incomeExcluded from tax $926$926
VIII-7 Net gain or loss on sales of assetsRelated to mission $6,432$6,432
VIII-12 Total revenueRelated to mission $1,817,166 · Excluded from tax $926$1,909,789
Part IX · Statement of functional expenses $1,884,432 across 15 lines filed
IX-7 Other salaries and wagesPrograms $957,491 · Management $239,373$1,196,864
IX-9 Other employee benefitsPrograms $43,368 · Management $10,842$54,210
IX-10 Payroll taxesPrograms $75,513 · Management $18,878$94,391
IX-11b Legal feesManagement $8,318$8,318
IX-11c Accounting feesManagement $10,265$10,265
IX-11g Other fees for servicesPrograms $64 · Management $3,790$3,854
IX-12 Advertising and promotionPrograms $12,105 · Management $12,106$24,211
IX-13 Office expensesPrograms $1,366 · Management $7,452$8,818
IX-16 OccupancyManagement $40,247$40,247
IX-17 TravelPrograms $12,386 · Management $3,212$15,598
IX-20 InterestManagement $46,396$46,396
IX-22 Depreciation, depletion and amortizationManagement $60,124$60,124
IX-23 InsuranceManagement $55,908$55,908
IX-24 Other expenses (24a–d)Programs $156,601 · Management $65,397$221,998
IX-24e All other expensesPrograms $20,402 · Management $9,384 · Fundraising $13,444$43,230
IX-25 Total functional expensesPrograms $1,279,296 · Management $591,692 · Fundraising $13,444$1,884,432
Part X · Balance sheet $2,510,912 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $771,586$779,655
X-2 Savings and temporary cash investmentsStart of year $157,745$158,139
X-4 Accounts receivableStart of year $23,820$40,500
X-9 Prepaid expenses and deferred chargesStart of year $12,231$22,425
X-10c Land, buildings and equipment, netStart of year $1,528,325$1,496,546
X-14 Intangible assetsStart of year $8,160$7,647
X-15 Other assetsStart of year $6,000$6,000
X-16 Total assetsStart of year $2,513,503$2,510,912
X-17 Accounts payable and accrued expensesStart of year $36,381$46,059
X-19 Deferred revenueStart of year $184,654$187,765
X-26 Total liabilitiesStart of year $1,242,018$1,216,657
X-27 Net assets without donor restrictionsStart of year $1,257,849$1,280,119
X-28 Net assets with donor restrictionsStart of year $13,636$14,136
X-32 Total net assets or fund balancesStart of year $1,271,485$1,294,255
X-33 Total liabilities and net assetsStart of year $2,513,503$2,510,912
Part XI · Reconciliation of net assets $1,294,255 net assets at year end
XI-1 Total revenue$1,909,789
XI-2 Total expenses$1,884,432
XI-3 Revenue less expenses$25,357
XI-4 Net assets at start of year$1,271,485
XI-5 Net unrealized gains (losses) on investments−$2,587
XI-10 Net assets at end of year$1,294,255

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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