Williams Bridge Academy FY2021 filing

Tax-deductible

Rye, NH501(c)(3)EIN 22-2580920

Education for children grades 3 through 12 who have speech and language disabilities.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$118K 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

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Worth a look: 1 of the last 5 filings shows a deficit.
Pt I · Ln 19 · 5 filings
How much reaches the programs?
91%
of spending
Looks good: 91% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$118K
to officers and key staff · 3% of spending
Looks good: leaders' pay is 3% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $93
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$373K
liabilities
Looks good: debts are 15% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
7
independent of 7 voting board members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$4.3M
Spent
$3.6M
To programs
91%
Net assets
$2.2M
By yearFY2021–FY2025
Revenue
$4.3M
FY2021
Revenue by fiscal year
FY2021$4.3M
FY2022$3.7M
FY2023$4.2M
FY2024$4.3M
FY2025$4.7M
Expenses
$3.6M
FY2021
Expenses by fiscal year
FY2021$3.6M
FY2022$3.7M
FY2023$4.0M
FY2024$4.3M
FY2025$4.5M
Net assets
$2.2M
FY2021
Net assets by fiscal year
FY2021$2.2M
FY2022$2.2M
FY2023$2.4M
FY2024$2.5M
FY2025$2.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CWilliams Bridge Academy
EINHdr · item D22-2580920
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1985
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRye, NH
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jlearningskillsacademy.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$3.3M
Management & general9%$323K
Total functional expensesLn 25$3.6M

Financial health

Is it on solid ground?

Program efficiency
91%
of spending reaches programs
Operating runway
5.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$2.6M
FY2021
Total assets by fiscal year
FY2021$2.6M
FY2022$2.6M
FY2023$3.2M
FY2024$3.2M
FY2025$3.2M
Total liabilities
$373K
FY2021
Total liabilities by fiscal year
FY2021$373K
FY2022$411K
FY2023$719K
FY2024$701K
FY2025$649K
Revenue less expensesPt I · Ln 19$715K
Total assetsPt X · Ln 16$2.6M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$2.6M
Total liabilitiesLn 26$373K
Total net assetsLn 32$2.2M
Months of cash on handcomputed5.7

Statement of Revenue

Part VIII
Program service revenue$3.7M · 86%
Contributions & grants$589K · 14%
Program service revenue86%$3.7M
Contributions & grants14%$589K
Investment income$642
Other revenue$918
— government grantsLn 1e$577K
Total revenueLn 12$4.3M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $3.6M
5.7 months
Where the money goes
Program services
Program services $3.3M · Total expenses $3.6M
91%
Management & General
Management & general $323K · Total expenses $3.6M
9%
Fundraising
Fundraising $0 · Total expenses $3.6M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $589K · Total revenue $4.3M
14%
Government reliance
Government grants $577K · Total revenue $4.3M
13%
Earned-income share
Program service revenue $3.7M · Total revenue $4.3M
86%
Investment reliance
Investment income $642 · Total revenue $4.3M
+0.01%
Program self-sufficiency
Program service revenue $3.7M · Total expenses $3.6M
103%
Growth & trend
Revenue growth (YoY)
This year $4.3M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.3M · Expenses $3.6M
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
—
Net-asset ratio
Net assets $2.2M · Total assets $2.6M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Karen Staines · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $118K · Total expenses $3.6M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3.1M · Total expenses $3.6M
86%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Fundraising cost ratio 0%——
Legal fee ratio 0.1%——
Accounting fee ratio 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$117,639Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Karen Staines$144,730$138,458$128,047$120,239$117,639

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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps students in grades 3-12 with speech and language disabilities learn and succeed.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $3.3M of program spending, described in the organization's own filed words · FY2020.
01

School for children with speech and language disabilities

$3.3Mprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$93

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $4.7M$4.5M+9% 990 PDF
FY2024 $4.3M$4.3M+0.9% 990 PDF
FY2023 $4.2M$4.0M+13% 990 PDF
FY2022 $3.7M$3.7M-13% 990 PDF
FY2021 Viewing $4.3M$3.6M 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

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $3,586,146 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $130,931$130,931
IX-7 Other salaries and wagesPrograms $2,312,715 · Management $127,623$2,440,338
IX-8 Pension plan contributionsPrograms $59,917 · Management $3,226$63,143
IX-9 Other employee benefitsPrograms $247,705 · Management $19,453$267,158
IX-10 Payroll taxesPrograms $178,881 · Management $19,621$198,502
IX-11b Legal feesManagement $4,173$4,173
IX-11c Accounting feesManagement $9,020$9,020
IX-11g Other fees for servicesManagement $8,998$8,998
IX-12 Advertising and promotionPrograms $4,013$4,013
IX-13 Office expensesPrograms $18,547$18,547
IX-16 OccupancyPrograms $123,100$123,100
IX-20 InterestPrograms $3,415$3,415
IX-22 Depreciation, depletion and amortizationPrograms $34,613$34,613
IX-23 InsurancePrograms $36,120$36,120
IX-24 Other expenses (24a–d)Programs $206,897$206,897
IX-24e All other expensesPrograms $37,178$37,178
IX-25 Total functional expensesPrograms $3,263,101 · Management $323,045 · Fundraising $0$3,586,146

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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