Westminster School INC FY2022 filing

Tax-deductible

Oklahoma City, OK501(c)(3)Since 1963EIN 73-0730839

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Establish, maintain, and conduct a School for the instruction and training of youth.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$580K 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

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $717K a year · 7% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$580K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $37K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.7M
-7% vs prior year
Spent
$9.2M
To programs
75%
Net assets
$23.6M
By yearFY2020–FY2025
Revenue
$9.7M
FY2022▼ -7%
Revenue by fiscal year
FY2020$8.9M
FY2021$10.4M
FY2022$9.7M
FY2023$10.4M
FY2024$10.9M
FY2025$11.5M
Expenses
$9.2M
FY2022▲ +2%
Expenses by fiscal year
FY2020$8.8M
FY2021$9.0M
FY2022$9.2M
FY2023$9.5M
FY2024$10.1M
FY2025$10.9M
Net assets
$23.6M
FY2022▼ -7%
Net assets by fiscal year
FY2020$21.6M
FY2021$25.4M
FY2022$23.6M
FY2023$25.7M
FY2024$28.6M
FY2025$31.2M

From the FY2022 Form 990 (year ending June 2022) · 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: FY2025. IRS ruling in Nov 1966.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $6.8M Management & general 25% · $2.3M Fundraising 1% · $78K

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

24 people listed on the 990; $580K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Head of School
$300,100Pt VII · Sec A
Assistant Head
$151,352Pt VII · Sec A
Director of Finance
$128,300Pt VII · Sec A
$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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert S Vernon$297,927$288,475$305,347$300,100$280,574$269,176
Ruth Ann Regens$205,140$153,790$151,907$151,352$139,924$130,785
Deborah Graham$137,918$121,681$132,924$128,300$115,587$108,383
Mandy Godfrey$112,218$103,457————

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.

See Westminster School INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and trains youth through a dedicated school.

Provided by the organization

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1 program · $6.8M · in their own filed words · FY2021
01

Educational programs for children of preschool age through eighth grade.

$6.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$37K
Grants paid · 6 grants · $5.0M · 2019–2024
Unitemized GrantFY2024$763,557
Unitemized GrantFY2023$793,198
Unitemized GrantFY2022$822,859
Unitemized GrantFY2021$801,844
Unitemized GrantFY2020$899,730
Unitemized GrantFY2019$935,602

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$9.7M
Ln 12
Fees for servicesLn 2g$8.9M
Gifts and grantsLn 1h$390K
Investment incomeLn 3$333K
Money outPt IX
$9.2M
Ln 25
Programscol B$6.8M
Managementcol C$2.3M
Fundraisingcol D$78K
Owns and owesPt X
$23.6M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$26.6M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A3
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$390K
Noncash giftsLn 1g$29K
Fundraising eventsLn 1c$80K
Fees for servicesLn 2g$8.9M
Investment incomeLn 3$333K
Other incomeLn 4–11$28K
Gains on assetsLn 7$41K
Total revenueLn 12$9.7M
Assets in detailPt X, end of year
CashLn 1$2.4M
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$4.0M
InvestmentsLn 11–13$15.8M
Land, buildings, equipmentLn 10c$6.7M
Total assetsLn 16$26.6M
LiabilitiesLn 26$3.0M
Net assetsLn 32$23.6M
OperationsPt I, VI
EmployeesI 5143
VolunteersI 6378
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 FY22End FY22
Cash and savingsLn 1–2$5.8M$4.0M
InvestmentsLn 11–13$14.9M$15.8M
Land, buildings, equipmentLn 10c$7.2M$6.7M
Total assetsLn 16$28.0M$26.6M
LiabilitiesLn 26$2.6M$3.0M
Net assetsLn 32$25.4M$23.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$802K$802K
Pay of current officers, directors and key staffLn 5$580K$580K
Other salaries and wagesLn 7$4.3M$2.9M$1.3M$41K
Pension plan contributionsLn 8$293K$211K$79K$2K
Other employee benefitsLn 9$519K$374K$141K$4K
Payroll taxesLn 10$349K$252K$94K$3K
Management feesLn 11a$29K$29K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$40K$40K
Investment management feesLn 11f$21K$21K
Other fees for servicesLn 11g$26K$26K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$238K$124K$114K$232
Information technologyLn 14$149K$78K$71K$146
OccupancyLn 16$200K$179K$19K$2K
Depreciation, depletion and amortizationLn 22$963K$914K$39K$10K
InsuranceLn 23$137K$137K
Other expenses (24a–d)Ln 24$458K$368K$75K$15K
All other expensesLn 24e$41K$12K$29K$103
Total functional expensesLn 25$9.2M$6.8M$2.3M$78K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.5M$10.9M$609K$31.2M 990 PDF
FY2024 $10.9M$10.1M$877K$28.6M 990 PDF
FY2023 $10.4M$9.5M$803K$25.7M 990 PDF
FY2022 Viewing $9.7M$9.2M$504K$23.6M 990 PDF
FY2021 $10.4M$9.0M$1.4M$25.4M 990 PDF
FY2020 $8.9M$8.8M$82K$21.6M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $9,660,018 across 10 lines filed
VIII-1c Fundraising events$79,915
VIII-1f All other contributions, gifts and grants$310,466
VIII-1g Noncash contributions (included above)$29,315
VIII-1h Total contributions, gifts and grants$390,381
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,908,877$8,908,877
VIII-3 Investment incomeExcluded from tax $291,637$291,637
VIII-6 Net rental income or lossExcluded from tax $18,125$18,125
VIII-7 Net gain or loss on sales of assetsExcluded from tax $41,033$41,033
VIII-8 Net income from fundraising eventsExcluded from tax $9,965$9,965
VIII-12 Total revenueRelated to mission $8,908,877 · Unrelated business $0 · Excluded from tax $360,760$9,660,018
Part IX · Statement of functional expenses $9,156,343 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $801,844$801,844
IX-5 Pay of current officers, directors and key staffPrograms $579,752$579,752
IX-7 Other salaries and wagesPrograms $2,932,430 · Management $1,319,378 · Fundraising $41,151$4,292,959
IX-8 Pension plan contributionsPrograms $211,281 · Management $79,369 · Fundraising $2,475$293,125
IX-9 Other employee benefitsPrograms $374,391 · Management $140,643 · Fundraising $4,387$519,421
IX-10 Payroll taxesPrograms $251,551 · Management $94,497 · Fundraising $2,947$348,995
IX-11a Management feesManagement $28,654$28,654
IX-11b Legal feesManagement $1,439$1,439
IX-11c Accounting feesManagement $40,390$40,390
IX-11f Investment management feesManagement $21,309$21,309
IX-11g Other fees for servicesManagement $25,831$25,831
IX-12 Advertising and promotionManagement $16,712$16,712
IX-13 Office expensesPrograms $123,846 · Management $113,756 · Fundraising $232$237,834
IX-14 Information technologyPrograms $77,792 · Management $71,453 · Fundraising $146$149,391
IX-16 OccupancyPrograms $178,912 · Management $19,339 · Fundraising $1,883$200,134
IX-22 Depreciation, depletion and amortizationPrograms $914,444 · Management $38,503 · Fundraising $9,626$962,573
IX-23 InsuranceManagement $136,894$136,894
IX-24 Other expenses (24a–d)Programs $368,281 · Management $75,316 · Fundraising $14,801$458,398
IX-24e All other expensesPrograms $11,567 · Management $29,018 · Fundraising $103$40,688
IX-25 Total functional expensesPrograms $6,826,091 · Management $2,252,501 · Fundraising $77,751$9,156,343
Part X · Balance sheet $26,585,227 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,428,422$2,415,111
X-2 Savings and temporary cash investmentsStart of year $3,366,064$1,611,979
X-4 Accounts receivableStart of year $18,406$18,715
X-9 Prepaid expenses and deferred chargesStart of year $72,624$68,116
X-10c Land, buildings and equipment, netStart of year $7,235,241$6,650,408
X-11 Publicly traded securitiesStart of year $14,777,237$15,710,107
X-12 Other securitiesStart of year $126,506$110,791
X-16 Total assetsStart of year $28,024,500$26,585,227
X-17 Accounts payable and accrued expensesStart of year $465,766$338,781
X-19 Deferred revenueStart of year $2,141,797$2,645,472
X-26 Total liabilitiesStart of year $2,607,563$2,984,253
X-27 Net assets without donor restrictionsStart of year $24,436,713$22,620,030
X-28 Net assets with donor restrictionsStart of year $980,224$980,944
X-32 Total net assets or fund balancesStart of year $25,416,937$23,600,974
X-33 Total liabilities and net assetsStart of year $28,024,500$26,585,227
Part XI · Reconciliation of net assets $23,600,974 net assets at year end
XI-1 Total revenue$9,660,018
XI-2 Total expenses$9,156,343
XI-3 Revenue less expenses$503,675
XI-4 Net assets at start of year$25,416,937
XI-5 Net unrealized gains (losses) on investments−$2,319,638
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$23,600,974

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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