The Wolf School INC FY2023 filing

Tax-deductible

Rumford, RI501(c)(3)Since 1999EducationEIN 05-0506471

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The Wolf School inspires complex learners to discover confidence, compassion and a love of learning to reach their true potential.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$307K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
4 of 4
filings with a surplus
Average surplus $1.7M a year · 29% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$307K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $125K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 20 voting members
Looks good: 18 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.8M
+37% vs prior year
Spent
$4.4M
To programs
79%
Net assets
$11.0M
By yearFY2021–FY2024
Revenue
$6.8M
FY2023▲ +37%
Revenue by fiscal year
FY2021$5.0M
FY2022$4.9M
FY2023$6.8M
FY2024$7.3M
FY2024$6.4M
Expenses
$4.4M
FY2023▲ +9%
Expenses by fiscal year
FY2021$3.9M
FY2022$4.1M
FY2023$4.4M
FY2024$4.7M
FY2024$5.3M
Net assets
$11.0M
FY2023▲ +31%
Net assets by fiscal year
FY2021$8.6M
FY2022$8.4M
FY2023$11.0M
FY2024$13.6M
FY2024$15.3M

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

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1999.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $3.5M Management & general 15% · $680K Fundraising 5% · $238K

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

22 people listed on the 990; $307K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Head of School
$196,587Pt VII · Sec A
Director of Teaching and Learning
$105,697Pt VII · Sec A
Board Member/Ot Consultant
$4,224Pt VII · Sec A
Board Member/Speech & Lang
$600Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Anna Johnson’s $220K as Head of School is at the 87th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Anna Johnson$220,180$211,575$196,587$191,630$154,687
Kathy Ford——$105,697——
Rosaline Granoff$900—$600$2,900$32,500
Lise G Faulise—$2,160$4,224$6,120$17,135

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires complex learners to discover confidence, compassion, and a love of learning.

Provided by the organization

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3 programs · $3.5M · in their own filed words · FY2022
01

A private school for children with learning differences in grades k through 8. The school follows the standards of core grade-level skills for languages, arts, math, social studies and science.

$3.4Mprogram expense
02

Summer Program

The wolf school offered a five week, four day a week summer program called camp confidence. The program combines a traditional summer camp approach with the wolf school's immersion model classroom.

$105Kprogram expense
03

After-School Programs

The wolf school offered several after-school programs, each program met one day per week for several weeks. This year the school offered a homework club for middle schoolers, a breakfast club, zoomobile, legomaster, chess, clay art, and 2 movement programs.

$18Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$125K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.8M
Ln 12
Fees for servicesLn 2g$4.5M
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$184K
Money outPt IX
$4.4M
Ln 25
Programscol B$3.5M
Managementcol C$680K
Fundraisingcol D$238K
Owns and owesPt X
$11.0M
net assets · Ln 32
Cash and savingsLn 1–2$400K
Total assetsLn 16$12.3M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
22
listed · VII A
PaidVII A4
Voting boardVI 1a20
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Fundraising eventsLn 1c$73K
Fees for servicesLn 2g$4.5M
Investment incomeLn 3$184K
Other incomeLn 4–11$50K
Gains on assetsLn 7−$35K
Total revenueLn 12$6.8M
Assets in detailPt X, end of year
CashLn 1$244K
SavingsLn 2$157K
Cash and savings togetherLn 1–2$400K
InvestmentsLn 11–13$6.9M
Land, buildings, equipmentLn 10c$3.7M
Total assetsLn 16$12.3M
LiabilitiesLn 26$1.4M
Net assetsLn 32$11.0M
OperationsPt I, VI
EmployeesI 568
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.4M$400K
InvestmentsLn 11–13$4.3M$6.9M
Land, buildings, equipmentLn 10c$3.7M$3.7M
Total assetsLn 16$9.5M$12.3M
LiabilitiesLn 26$1.1M$1.4M
Net assetsLn 32$8.4M$11.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$245K$123K$61K$61K
Other salaries and wagesLn 7$2.6M$2.3M$326K$52K
Other employee benefitsLn 9$369K$311K$43K$14K
Payroll taxesLn 10$227K$190K$29K$7K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$129K$44K$28K$57K
Advertising and promotionLn 12$27K$27K
Office expensesLn 13$9K$976$8K$175
OccupancyLn 16$49K$42K$6K$1K
TravelLn 17$754$262$492
Depreciation, depletion and amortizationLn 22$225K$191K$27K$7K
InsuranceLn 23$44K$37K$5K$1K
Other expenses (24a–d)Ln 24$304K$254K$14K$36K
All other expensesLn 24e$133K$52K$81K$263
Total functional expensesLn 25$4.4M$3.5M$680K$238K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $7.3M$4.7M$2.6M$13.6M 990 PDF
FY2023 Viewing $6.8M$4.4M$2.3M$11.0M 990 PDF
FY2022 $4.9M$4.1M$870K$8.4M 990 PDF
FY2021 $5.0M$3.9M$1.1M$8.6M 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 (4 parts)
Part VIII · Statement of revenue $6,763,335 across 9 lines filed
VIII-1c Fundraising events$72,750
VIII-1f All other contributions, gifts and grants$2,002,513
VIII-1h Total contributions, gifts and grants$2,075,263
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,453,470$4,453,470
VIII-3 Investment incomeExcluded from tax $219,352$219,352
VIII-7 Net gain or loss on sales of assetsRelated to mission −$35,075−$35,075
VIII-8 Net income from fundraising eventsExcluded from tax $44,632$44,632
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,693$5,693
VIII-12 Total revenueRelated to mission $4,424,088 · Unrelated business $0 · Excluded from tax $263,984$6,763,335
Part IX · Statement of functional expenses $4,422,303 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $122,718 · Management $61,360 · Fundraising $61,359$245,437
IX-7 Other salaries and wagesPrograms $2,257,412 · Management $325,532 · Fundraising $52,485$2,635,429
IX-9 Other employee benefitsPrograms $311,331 · Management $43,059 · Fundraising $14,377$368,767
IX-10 Payroll taxesPrograms $190,064 · Management $29,294 · Fundraising $7,460$226,818
IX-11b Legal feesManagement $14,320$14,320
IX-11c Accounting feesManagement $10,500$10,500
IX-11g Other fees for servicesPrograms $44,393 · Management $27,729 · Fundraising $56,761$128,883
IX-12 Advertising and promotionManagement $27,374$27,374
IX-13 Office expensesPrograms $976 · Management $7,617 · Fundraising $175$8,768
IX-16 OccupancyPrograms $41,981 · Management $5,926 · Fundraising $1,482$49,389
IX-17 TravelPrograms $262 · Management $492$754
IX-22 Depreciation, depletion and amortizationPrograms $191,306 · Management $27,008 · Fundraising $6,752$225,066
IX-23 InsurancePrograms $37,125 · Management $5,435 · Fundraising $1,471$44,031
IX-24 Other expenses (24a–d)Programs $253,842 · Management $14,138 · Fundraising $35,732$303,712
IX-24e All other expensesPrograms $52,271 · Management $80,521 · Fundraising $263$133,055
IX-25 Total functional expensesPrograms $3,503,681 · Management $680,305 · Fundraising $238,317$4,422,303
Part X · Balance sheet $12,345,878 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $282,676$243,672
X-2 Savings and temporary cash investmentsStart of year $1,143,127$156,617
X-3 Pledges and grants receivableStart of year $49,717$1,270,591
X-4 Accounts receivableStart of year $28,403$64,999
X-9 Prepaid expenses and deferred chargesStart of year $63,264$31,174
X-10c Land, buildings and equipment, netStart of year $3,700,800$3,658,325
X-11 Publicly traded securitiesStart of year $4,261,062$6,920,500
X-16 Total assetsStart of year $9,529,049$12,345,878
X-17 Accounts payable and accrued expensesStart of year $40,687$118,222
X-19 Deferred revenueStart of year $806,971$895,351
X-25 Other liabilitiesStart of year $297,521$379,240
X-26 Total liabilitiesStart of year $1,145,179$1,392,813
X-27 Net assets without donor restrictionsStart of year $7,445,774$8,404,677
X-28 Net assets with donor restrictionsStart of year $938,096$2,548,388
X-32 Total net assets or fund balancesStart of year $8,383,870$10,953,065
X-33 Total liabilities and net assetsStart of year $9,529,049$12,345,878
Part XI · Reconciliation of net assets $10,953,065 net assets at year end
XI-1 Total revenue$6,763,335
XI-2 Total expenses$4,422,303
XI-3 Revenue less expenses$2,341,032
XI-4 Net assets at start of year$8,383,870
XI-5 Net unrealized gains (losses) on investments$260,662
XI-7 Investment expenses−$32,499
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,953,065

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

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