Charles Wright Academy EIN 91-0673111 Form 990 (PDF) Claim this org

Charles Wright Academy FY2022 filing

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Educates children from preschool through 12th grade. For fiscal year 2022 it reported $19.8M in revenue, $19.5M in expenses, and $62.4M in net assets.Pt I

Founded
1957
Type
Public charity (501(c)(3)) · Nonprofit
Location
Tacoma, WA
Website
www.charleswright.org
Filings
5 on file (2020–2022)
Revenue
$19.8MFY2022
Expenses
$19.5M
Net assets
$62.4M
People
22
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-0673111 Public charity (501(c)(3)) Tacoma, WA Founded 1957
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/10/26 · see original: IRS
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Size
$10–100M
What they do
Educates children from preschool through 12th grade.
Leadership
Susan Rice · Head of School · $300K
Money in and out
$19.8M revenue, $19.5M expenses
Where the money goes · FY2022
Total revenue
$19.8M
Pt VIII · Ln 12
Total expenses
$19.5M
Pt IX · Ln 25
Net assets
$62.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $306K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.26 Fundraising $0.03

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$19.8M
FY2022▼ -6%
Expenses
$19.5M
FY2022▲ +7%
Total assets
$76.5M
FY2022▼ -4%
Total liabilities
$14.0M
FY2022▼ -1%
Total revenue
$19.8M
Pt VIII · Ln 12
Total expenses
$19.5M
Pt IX · Ln 25
Net assets
$62.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$306K
Total assetsPt X · Ln 16$76.5M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $13.9M of program spending, described in the organization's own filed words · FY2021.
01

Charles wright academy is an independent school for children from preschool through 12TH grade. Our teachers support, stretch, and challenge our students to become resilient, self-reliant, independent learners and thinkers.

$13.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCharles Wright Academy
EINHdr · item D91-0673111
Principal addressHdr · item CTacoma, WA
WebsiteHdr · item Jwww.charleswright.org
Year of formationHdr · item L1957
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1958

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
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 (FY2021); the FY2022 filing did not itemize Part VII
Head of School
$299,503Pt VII · Sec A
Upper School Director
$160,980Pt VII · Sec A
Director of Enrollment Management
$145,462Pt VII · Sec A
Middle School Director
$104,969Pt VII · Sec A
Dir. of Finance & Ops Thru 08/21
$88,157Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Matt Culberson$211,630$424,449
Susan Rice$421,507$379,860$361,853$299,503$179,419
Betty Benson$189,919$153,833
William Schuver$160,980$137,962
Rachel Rippl$152,854$118,349$114,104$104,969
Unhi Pak$146,473$152,094
Maryanna Phipps$145,462
Gregory Bamford$143,415

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$16.5M · 83%
Investment income$1.7M · 9%
Contributions & grants$1.5M · 7%
Other revenue$166K · 1%
Program service revenue83%$16.5M
Investment income9%$1.7M
Contributions & grants7%$1.5M
Other revenue1%$166K
— government grantsLn 1e$366K
Total revenueLn 12$19.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.26 Fundraising $0.03
Program services71%$13.9M
Management & general26%$5.0M
Fundraising3%$668K
Total functional expensesLn 25$19.5M

Balance Sheet

Part X · end of year
CashLn 1$7.8M
Total assetsLn 16$76.5M
Total liabilitiesLn 26$14.0M
Total net assetsLn 32$62.4M
Months of cash on handcomputed4.8

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$100K

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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$20.8M revenue · ⤓ 990 PDF
FY2023$19.3M revenue · ⤓ 990 PDF
FY2022$19.8M revenue · viewing · ⤓ 990 PDF
FY2021$21.1M revenue · ⤓ 990 PDF
FY2020$20.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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