Willowwind School EIN 23-7411810

Willowwind School

EIN  23-7411810 Public charity (501(c)(3)) Iowa City, IA Founded 1974
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/13/26 · see original filing: IRS
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Size
$1–10M
What they do
Educates elementary students, offering before and after school programs with supervised activities and snacks.
Leadership
Stacy Stoyanoff · Head of School · $119K
Money in and out
$1.8M revenue, $1.9M expenses
Bottom line
62% program efficiency

Educates elementary students, offering before and after school programs with supervised activities and snacks. For fiscal year 2024 it reported $1.8M in revenue, $1.9M in expenses, and $420K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$420K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$81K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.38 Fundraising $0.01
Program efficiency
62%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate▼ -26% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▼ -181% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.8M
FY2024▲ +2%
Expenses
$1.9M
FY2024▲ +13%
Total assets
$2.5M
FY2024▼ -7%
Total liabilities
$2.1M
FY2024▼ -6%
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$420K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$81K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

Academic preschool and elementary school program for children in preschool through 6TH grade. Late august through late may. From 8:00 / 8:15 am - 3:15 / 3:30 PM. At willowwind, we believe providing students with regular opportunities to interact with art is imperative for personal and academic growth.

$910Kprogram expense
02

Summer program is for children grades preschool through 6TH grade. Summer at willowwind school is an engaging and enriching educational experience for children. It is designed to suit a wide variety of interests by providing opportunities to learn and play through nature, arts, stem, theater, and more.

$166Kprogram expense
03

Before and after school program is for children grades preschool through 6TH grade. Supervised activities, and snacks are provided. From 7:30-8:30AM and 3:00-6:00PM, monday through friday.

$103Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWillowwind School
EINHdr · item D23-7411810
Principal addressHdr · item CIowa City, IA
WebsiteHdr · item Jwww.willowwind.org
Year of formationHdr · item L1974
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24Z)
Ruling yearIRS BMFNov 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Head of School
$119,217Pt VII · Sec A
Director of Finance & Operations
$72,805Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board of Trustees
$0Pt VII · Sec A
Board of Trustees
$0Pt VII · Sec A

Stacy Stoyanoff’s $119K as Head of School is at the 45th percentile of top reported officer pay among 3392 $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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Stacy Stoyanoff$119,217$62,054
Michelle Beninga$95,675$92,250$94,583$90,690
Anne Ehlinger$72,805$65,246

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
Program service revenue$1.7M · 93%
Contributions & grants$106K · 6%
Investment income$20K · 1%
Program service revenue93%$1.7M
Contributions & grants6%$106K
Investment income1%$20K
— government grantsLn 1e$50K
Total revenueLn 12$1.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.38 Fundraising $0.01
Program services62%$1.2M
Management & general38%$719K
Fundraising1%$10K
Total functional expensesLn 25$1.9M

Balance Sheet

Part X · end of year
CashLn 1$614K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$2.1M
Total net assetsLn 32$420K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $614K · Operating expenses/yr $1.9M
3.9 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.9M
62%
Management & General
Management & general $719K · Total expenses $1.9M
38%
Fundraising
Fundraising $10K · Total expenses $1.9M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $83K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $106K · Total revenue $1.8M
6%
Government reliance
Government grants $50K · Total revenue $1.8M
3%
Earned-income share
Program service revenue $1.7M · Total revenue $1.8M
93%
Investment reliance
Investment income $20K · Total revenue $1.8M
+1%
Program self-sufficiency
Program service revenue $1.7M · Total expenses $1.9M
89%
Growth & trend
Revenue growth (YoY)
This year $1.8M · Prior year $1.8M
+2%
Revenue CAGR
FY2019 $1.2M · FY2024 $1.8M
+10%
Net-asset trend (YoY)
End of year $420K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.8M · Expenses $1.9M
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $420K · Total assets $2.5M
17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stacy Stoyanoff · Reported title HEAD OF SCHOOL · Highest reported compensation $119K · Total expenses $1.9M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $1.9M
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 38%
Fundraising cost ratio 10%
Revenue growth 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 · FY2023
Total grants receivedfrom 2 funders$757
Grants paid · 14 grants · $669K · 2019–2024
Unitemized GrantFY2024$84,020
Unitemized GrantFY2024$18,820
Unitemized GrantFY2023$80,961
Unitemized GrantFY2023$8,420
Unitemized GrantFY2022$72,398
Unitemized GrantFY2022$31,050
Unitemized GrantFY2021$91,931
Unitemized GrantFY2021$18,000
Unitemized GrantFY2020$87,250
Unitemized GrantFY2020$87,250
Unitemized GrantFY2020$10,500
Unitemized GrantFY2020$10,500
Unitemized GrantFY2019$41,777
Unitemized GrantFY2019$26,045

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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
FY2024$1.8M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$1.5M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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