The Wolf School INC FY2024 filing

Tax-deductible

Rumford, RI501(c)(3)Since 1999EducationEIN 05-0506471Revenue $7.3M in FY2024

On file with the IRSthewolfschool.org215 Ferris Ave, 02916-1033 · Rumford, RITax-exempt since Nov 1999School — 170(b)(1)(A)(ii)

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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.
78¢ of each $1 spent went to programs.
$214K 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

FY2024 · 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
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$214K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 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
$1.1M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.3M
+7% vs prior year
Spent
$4.7M
To programs
78%
Net assets
$13.6M
By yearFY2021–FY2024
Revenue
$7.3M
FY2024▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2021$5.0M
FY2022$4.9M
FY2023$6.8M
FY2024$7.3M
FY2024$6.4M
Expenses
$4.7M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2021$3.9M
FY2022$4.1M
FY2023$4.4M
FY2024$4.7M
FY2024$5.3M
Net assets
$13.6M
FY2024▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2021$8.6M
FY2022$8.4M
FY2023$11.0M
FY2024$13.6M
FY2024$15.3M

From the FY2024 Form 990 (year ending June 2024) · 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 Nov 1999.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $3.6M Management & general 17% · $771K Fundraising 6% · $270K

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

19 people listed on the 990; $214K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$211,575Pt VII · Sec A
Board Member/Ot Consultant
$2,160Pt VII · Sec A
Board Member/Speech & Lang
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Nominating Chair
$0Pt VII · Sec A
$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.

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Provided by the organization

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3 programs · $3.6M · in their own filed words · FY2023
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.

$3.5Mprogram 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.

$125Kprogram 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, science and lego themed clubs, clay art, and 3 movement programs.

$17Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$7.3M
Ln 12
Fees for servicesLn 2g$5.0M
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$614K
Money outPt IX
$4.7M
Ln 25
Programscol B$3.6M
Managementcol C$771K
Fundraisingcol D$270K
Owns and owesPt X
$13.6M
net assets · Ln 32
Cash and savingsLn 1–2$757K
Total assetsLn 16$14.7M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Fundraising eventsLn 1c$131K
Fees for servicesLn 2g$5.0M
Investment incomeLn 3$614K
Other incomeLn 4–11$133K
Gains on assetsLn 7$317K
Total revenueLn 12$7.3M
Assets in detailPt X, end of year
CashLn 1$409K
SavingsLn 2$348K
Cash and savings togetherLn 1–2$757K
InvestmentsLn 11–13$7.9M
Land, buildings, equipmentLn 10c$4.0M
Total assetsLn 16$14.7M
LiabilitiesLn 26$1.1M
Net assetsLn 32$13.6M
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 FY24End FY24
Cash and savingsLn 1–2$400K$757K
InvestmentsLn 11–13$6.9M$7.9M
Land, buildings, equipmentLn 10c$3.7M$4.0M
Total assetsLn 16$12.3M$14.7M
LiabilitiesLn 26$1.4M$1.1M
Net assetsLn 32$11.0M$13.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$263K$132K$66K$66K
Other salaries and wagesLn 7$2.7M$2.3M$349K$62K
Other employee benefitsLn 9$386K$310K$58K$18K
Payroll taxesLn 10$236K$196K$31K$8K
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$12K$12K
Other fees for servicesLn 11g$138K$41K$34K$63K
Advertising and promotionLn 12$29K$29K
Office expensesLn 13$10K$581$9K$89
OccupancyLn 16$50K$42K$6K$1K
TravelLn 17$1K$580$394$60
Depreciation, depletion and amortizationLn 22$233K$198K$28K$7K
InsuranceLn 23$44K$37K$5K$1K
Other expenses (24a–d)Ln 24$385K$303K$77K$5K
All other expensesLn 24e$153K$57K$58K$38K
Total functional expensesLn 25$4.7M$3.6M$771K$270K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $7.3M$4.7M$2.6M$13.6M 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $7,254,343 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,075,263$1,536,226
I-9 Program service revenuePrior year $4,453,470$4,971,565
I-10 Investment incomePrior year $184,277$613,521
I-11 Other revenuePrior year $50,325$133,031
I-12 Total revenuePrior year $6,763,335$7,254,343
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,476,451$3,602,101
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $945,852$1,062,894
I-18 Total expensesPrior year $4,422,303$4,664,995
I-19 Revenue less expensesPrior year $2,341,032$2,589,348
Part VI · Governance 18 of 19 board members independent, 2 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $7,254,343 across 9 lines filed
VIII-1c Fundraising events$131,217
VIII-1f All other contributions, gifts and grants$1,405,009
VIII-1h Total contributions, gifts and grants$1,536,226
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,971,565$4,971,565
VIII-3 Investment incomeExcluded from tax $296,767$296,767
VIII-7 Net gain or loss on sales of assetsRelated to mission $316,754$316,754
VIII-8 Net income from fundraising eventsExcluded from tax $126,804$126,804
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,227$6,227
VIII-12 Total revenueRelated to mission $5,294,546 · Unrelated business $0 · Excluded from tax $423,571$7,254,343
Part IX · Statement of functional expenses $4,664,995 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $131,691 · Management $65,846 · Fundraising $65,845$263,382
IX-7 Other salaries and wagesPrograms $2,306,004 · Management $348,747 · Fundraising $62,185$2,716,936
IX-9 Other employee benefitsPrograms $310,407 · Management $57,705 · Fundraising $17,887$385,999
IX-10 Payroll taxesPrograms $196,354 · Management $31,284 · Fundraising $8,146$235,784
IX-11c Accounting feesManagement $9,380$9,380
IX-11d Lobbying feesManagement $12,147$12,147
IX-11g Other fees for servicesPrograms $40,905 · Management $33,898 · Fundraising $62,946$137,749
IX-12 Advertising and promotionManagement $29,149$29,149
IX-13 Office expensesPrograms $581 · Management $9,340 · Fundraising $89$10,010
IX-16 OccupancyPrograms $42,240 · Management $6,010 · Fundraising $1,492$49,742
IX-17 TravelPrograms $580 · Management $394 · Fundraising $60$1,034
IX-22 Depreciation, depletion and amortizationPrograms $197,972 · Management $27,949 · Fundraising $6,987$232,908
IX-23 InsurancePrograms $36,708 · Management $5,449 · Fundraising $1,417$43,574
IX-24 Other expenses (24a–d)Programs $302,948 · Management $76,644 · Fundraising $4,951$384,543
IX-24e All other expensesPrograms $57,222 · Management $57,525 · Fundraising $37,911$152,658
IX-25 Total functional expensesPrograms $3,623,612 · Management $771,467 · Fundraising $269,916$4,664,995
Part X · Balance sheet $14,690,992 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $243,672$408,554
X-2 Savings and temporary cash investmentsStart of year $156,617$347,958
X-3 Pledges and grants receivableStart of year $1,270,591$1,916,515
X-4 Accounts receivableStart of year $64,999$47,880
X-9 Prepaid expenses and deferred chargesStart of year $31,174$27,059
X-10c Land, buildings and equipment, netStart of year $3,658,325$4,006,987
X-11 Publicly traded securitiesStart of year $6,920,500$7,936,039
X-16 Total assetsStart of year $12,345,878$14,690,992
X-17 Accounts payable and accrued expensesStart of year $118,222$42,272
X-19 Deferred revenueStart of year $895,351$674,238
X-25 Other liabilitiesStart of year $379,240$352,350
X-26 Total liabilitiesStart of year $1,392,813$1,068,860
X-27 Net assets without donor restrictionsStart of year $8,404,677$9,983,593
X-28 Net assets with donor restrictionsStart of year $2,548,388$3,638,539
X-32 Total net assets or fund balancesStart of year $10,953,065$13,622,132
X-33 Total liabilities and net assetsStart of year $12,345,878$14,690,992
Part XI · Reconciliation of net assets $13,622,132 net assets at year end
XI-1 Total revenue$7,254,343
XI-2 Total expenses$4,664,995
XI-3 Revenue less expenses$2,589,348
XI-4 Net assets at start of year$10,953,065
XI-5 Net unrealized gains (losses) on investments$122,153
XI-7 Investment expenses−$42,434
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,622,132

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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