Dwight School Foundation EIN 23-7028884

Dwight School Foundation

EIN  23-7028884 Public charity (501(c)(3)) New York, NY
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/2/26 · see original filing: IRS
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Size
$1–10M
What they do
Provides scholarships, faculty development, and enrichment opportunities.
Leadership
Moira Price · Executive Director · $208K
Money in and out
$2.5M revenue, $2.6M expenses
Bottom line
66% program efficiency

Provides scholarships, faculty development, and enrichment opportunities. For fiscal year 2025 it reported $2.5M in revenue, $2.6M in expenses, and $10.2M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$10.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$103K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.21 Fundraising $0.13
Program efficiency
66%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
21.5mo
months of highly liquid reserves at operating expense rate▼ -1% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▲ +89% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$2.5M
FY2025▲ +43%
Expenses
$2.6M
FY2025▲ +8%
Total assets
$10.2M
FY2025▼ -2%
Total liabilities
$11K
FY2025▼ -48%
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$10.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$103K
Total assetsPt X · Ln 16$10.2M
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

3 program services account for $1.7M of program spending, described in the organization's own filed words · FY2024.
01

Financial Aid

The dwight school foundation contributes funds to the school to be used in support of need-based financial aid for qualifying students.

$1.4Mprogram expense
02

Faculty Professional Development

Funds raised support teacher access to professional development, including graduate education, international and domestic conferences, curriculum innovation support, and international baccalaureate training.

$254Kprogram expense
03

Spark tank innovation grants and opportunities for students to give presentations to spark tank judges for feedback, mentorship, and funding through innovation grants.

$49Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDwight School Foundation
EINHdr · item D23-7028884
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$208,043Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex-Officio Trustee
$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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jacqueline Leitzes$209,422$152,746
Moira Price$208,043$192,354
Moira Chouaf$170,449$122,978

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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Statement of Revenue

Part VIII
Contributions & grants$2.4M · 93%
Investment income$129K · 5%
Other revenue$35K · 1%
Contributions & grants93%$2.4M
Investment income5%$129K
Other revenue1%$35K
Total revenueLn 12$2.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.21 Fundraising $0.13
Program services66%$1.7M
Management & general21%$544K
Fundraising13%$354K
Total functional expensesLn 25$2.6M

Balance Sheet

Part X · end of year
CashLn 1$3.1M
Total assetsLn 16$10.2M
Total liabilitiesLn 26$11K
Total net assetsLn 32$10.2M
Months of cash on handcomputed14.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.1M · Operating expenses (Pt IX) $2.6M · Less non-cash grants $306K · Cash operating expenses/yr $2.3M
21.5 months
Where the money goes
Program services
Program services $1.7M · Total expenses $2.6M
66%
Management & General
Management & general $544K · Total expenses $2.6M
21%
Fundraising
Fundraising $354K · Total expenses $2.6M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $304K · Solicited contributions (3-yr avg) $2.2M
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.4M · Total revenue $2.5M
93%
Government reliance
Government grants — · Total revenue $2.5M
Earned-income share
Program service revenue $0 · Total revenue $2.5M
0%
Investment reliance
Investment income $129K · Total revenue $2.5M
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.6M
0%
Growth & trend
Revenue growth (YoY)
This year $2.5M · Prior year $1.8M
+43%
Revenue CAGR
FY2019 $2.9M · FY2024 $2.5M
-3%
Net-asset trend (YoY)
End of year $10.2M · Beginning of year $10.3M
-2%
Balance sheet
Surplus Margin
Revenue $2.5M · Expenses $2.6M
-4%
Liabilities-to-Assets
Total liabilities $11K · Total assets $10.2M
0%
Net-asset ratio
Net assets $10.2M · Total assets $10.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $10.2M
10%
People & payroll
Highest Reported Total Compensation
Individual Moira Price · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $208K · Total expenses $2.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $619K · Total expenses $2.6M
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 21%
Fundraising cost ratio 15%
Revenue growth 43%
Investment management fee ratio 0%
Accounting fee ratio 2%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 17 funders →
Grants paid · 15 grants · $9.2M · 2019–2024
Dwight SchoolFY2024$1,420,000
Dwight SchoolFY2024$33,333
Dwight SchoolFY2024$12,385
Dwight SchoolFY2023$1,400,000
Dwight SchoolFY2023$186,066
Dwight SchoolFY2023$14,287
Dwight SchoolFY2022$1,400,000
Dwight SchoolFY2022$139,960
Dwight SchoolFY2022$6,500
Dwight SchoolFY2021$1,400,000
Dwight SchoolFY2021$113,694
Dwight SchoolFY2020$1,325,000
Dwight SchoolFY2020$36,251
Dwight SchoolFY2019$1,550,000
Dwight SchoolFY2019$165,246

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.5M revenue · viewing · ⤓ 990 PDF
FY2024$1.8M revenue · ⤓ 990 PDF
FY2023$2.7M revenue · ⤓ 990 PDF
FY2022$3.0M revenue · ⤓ 990 PDF
FY2021$2.2M revenue · ⤓ 990 PDF
FY2020$2.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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