The Bertschi School

Tax-deductible

Seattle, WA501(c)(3)Since 1976EducationEIN 91-0975541

To educate children to become compassionate, confident, and creative learners in a global community.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Run by 100 volunteers and 94 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.0M a year · 10% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 12% of spending
Top officer’s pay higher than 71% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $953K
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10.9M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 25 voting members
Looks good: 22 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.6M
+2% vs prior year
Spent
$10.7M
To programs
73%
Net assets
$28.5M
By yearFY2020–FY2024
Revenue
$13.6M
FY2024▲ +2%
Revenue by fiscal year
FY2020$8.8M
FY2021$9.1M
FY2022$9.8M
FY2023$10.6M
FY2024$13.4M
FY2024$13.6M
Expenses
$10.7M
FY2024▲ +4%
Expenses by fiscal year
FY2020$8.4M
FY2021$9.1M
FY2022$9.2M
FY2023$9.4M
FY2024$10.3M
FY2024$10.7M
Net assets
$28.5M
FY2024▲ +17%
Net assets by fiscal year
FY2020$17.7M
FY2021$19.8M
FY2022$18.5M
FY2023$20.2M
FY2024$24.3M
FY2024$28.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

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 FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CThe Bertschi School
EINHdr · item D91-0975541
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1978
Year of formationHdr · item L1976
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSeattle, WA
NTEE classificationIRS BMFEducation (B240)
WebsiteHdr · item Jwww.bertschi.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 $0.73 Management & general $0.21 Fundraising $0.06
Program services73%$7.8M
Management & general21%$2.3M
Fundraising6%$597K
Total functional expensesLn 25$10.7M

Finances

Money in and out, what it owns and owes

Spent on programs
73%
of spending reaches programs▲ +0.8% vs prior filing year
Months of spending covered by cash
23.9mo
months of spending covered by cash and easy-to-sell investments▲ +6% vs prior filing year
Surplus or deficit
+21%
as % of revenue, this year▼ -8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$39.4M
FY2024▲ +12%
Total assets by fiscal year
FY2020$29.7M
FY2021$31.9M
FY2022$30.0M
FY2023$30.9M
FY2024$35.1M
FY2024$39.4M
Total liabilities
$10.9M
FY2024▲ +0.9%
Total liabilities by fiscal year
FY2020$12.0M
FY2021$12.1M
FY2022$11.4M
FY2023$10.7M
FY2024$10.8M
FY2024$10.9M
Revenue less expensesPt I · Ln 19$2.9M
Total assetsPt X · Ln 16$39.4M
Spent on programsPt IX · col B73%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 422

Balance Sheet

Part X · end of year
CashLn 1$4.3M
Total assetsLn 16$39.4M
Total liabilitiesLn 26$10.9M
Total net assetsLn 32$28.5M
Months of cash on handcomputed4.9

Statement of Revenue

Part VIII
Program service revenue$10.3M · 76%
Contributions & grants$2.7M · 20%
Investment income$592K · 4%
Program service revenue76%$10.3M
Contributions & grants20%$2.7M
Investment income4%$592K
Other revenue$28K
Total revenueLn 12$13.6M

Money in detail

Form 990 · FY2024 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $21.1M · Operating expenses (Pt IX) $10.7M · Less non-cash grants $69K · Cash operating expenses/yr $10.6M
23.9 months
Where the money goes
Program services
Program services $7.8M · Total expenses $10.7M
73%
Management & General
Management & general $2.3M · Total expenses $10.7M
21%
Fundraising
Fundraising $597K · Total expenses $10.7M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $557K · Solicited contributions (3-yr avg) $2.2M
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.7M · Total revenue $13.6M
20%
Government reliance
Government grants — · Total revenue $13.6M
—
Earned-income share
Program service revenue $10.3M · Total revenue $13.6M
76%
Investment reliance
Investment income $592K · Total revenue $13.6M
+4%
Program self-sufficiency
Program service revenue $10.3M · Total expenses $10.7M
96%
Growth & trend
Revenue change from last year
This year $13.6M · Prior year $13.4M
+2%
Revenue, average yearly change over 5 years
FY2019 $8.8M · FY2024 $13.6M
+9%
Net assets change over the year
End of year $28.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $13.6M · Expenses $10.7M
+21%
Debts compared to what it owns
Total liabilities — · Total assets $39.4M
—
Net assets compared to what it owns
Net assets $28.5M · Total assets $39.4M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $16.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $39.4M
43%
People & payroll
Highest Reported Total Compensation
Individual Raymond Yu · Reported title HEAD OF SCHOOL · Highest reported compensation $333K · Total expenses $10.7M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.2M · Total expenses $10.7M
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Spent on programs 73%——
Spent on management, % of spending 21%——
Fundraising cost, % of gifts 22%——
Revenue growth 2%——

Straight from the Form 990 — descriptive, not an evaluation. A share 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
Head of School
$332,592Pt VII · Sec A
$286,965Pt VII · Sec A
Dir. of Institutional Advancement
$143,734Pt VII · Sec A
Director of Admissions
$136,370Pt VII · Sec A
Assistant Head of School
$127,118Pt VII · Sec A
Teacher
$119,500Pt VII · Sec A
Director of Learning Services
$113,682Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Raymond Yu’s $333K as Head of School is at the 71st percentile of top reported officer pay among 3683 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Raymond Yu$332,592$317,470$179,114———
Mike Gardner$286,965$271,267$238,572$229,075$218,990$217,911
Rafael Del Castillo———$133,427$253,221$260,442
Teresa D Barnett——$108,024$187,722$166,642$148,647
Jennifer Bloch Garcia—$121,439$119,078$146,649$117,950$104,941
Rose Bellini$143,734—————
Michele Sanchez$136,370$126,169$119,691———
Jennifer Boch Garcia$127,118—————

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
  • 25Voting board membersPt VI · Ln 1a
  • 22Independent 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 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Teaches children to be compassionate, confident, and creative global citizens.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $7.8M of program spending, described in the organization's own filed words · FY2024.
01

Bertschi school is an independent day school, offering pre-kindgergarten and primary education to approximately 243 day students from the seattle metro area. Our curriculum includes after school extended day programming, student clubs, and a six-week summer camp.

$7.8Mprogram 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 · FY2024
See all 14 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $13.4M$10.3M+26% 990 PDF
FY2023 $10.6M$9.4M+9% 990 PDF
FY2022 $9.8M$9.2M+7% 990 PDF
FY2021 $9.1M$9.1M+4% 990 PDF
FY2020 $8.8M$8.4M 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 FY2024

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $13,621,851 across 8 lines filed
VIII-1f All other contributions, gifts and grants$2,699,601
VIII-1g Noncash contributions (included above)$69,191
VIII-1h Total contributions, gifts and grants$2,699,601
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,302,216$10,302,216
VIII-3 Investment incomeExcluded from tax $591,948$591,948
VIII-6 Net rental income or lossExcluded from tax $27,827$27,827
VIII-7 Net gain or loss on sales of assetsExcluded from tax $259$259
VIII-12 Total revenueRelated to mission $10,302,216 · Unrelated business $0 · Excluded from tax $620,034$13,621,851
Part IX · Statement of functional expenses $10,698,227 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $1,143,110$1,143,110
IX-5 Pay of current officers, directors and key staffPrograms $188,860 · Management $377,722 · Fundraising $188,860$755,442
IX-7 Other salaries and wagesPrograms $4,030,958 · Management $935,582 · Fundraising $228,600$5,195,140
IX-8 Pension plan contributionsPrograms $222,852 · Management $51,724 · Fundraising $12,638$287,214
IX-9 Other employee benefitsPrograms $444,333 · Management $103,129 · Fundraising $25,199$572,661
IX-10 Payroll taxesPrograms $334,997 · Management $77,753 · Fundraising $18,998$431,748
IX-11b Legal feesManagement $5,749$5,749
IX-11c Accounting feesManagement $30,391$30,391
IX-11f Investment management feesManagement $37,336$37,336
IX-11g Other fees for servicesPrograms $125,779 · Management $195,729 · Fundraising $63,415$384,923
IX-12 Advertising and promotionPrograms $372 · Management $13,115 · Fundraising $2,634$16,121
IX-13 Office expensesPrograms $254 · Management $8,957 · Fundraising $1,799$11,010
IX-14 Information technologyPrograms $3,083 · Management $108,738 · Fundraising $21,835$133,656
IX-16 OccupancyPrograms $256,492 · Management $69,012 · Fundraising $3,963$329,467
IX-20 InterestPrograms $222,577 · Management $7,139$229,716
IX-22 Depreciation, depletion and amortizationPrograms $422,643 · Management $105,054 · Fundraising $6,766$534,463
IX-23 InsurancePrograms $96,714 · Management $24,040 · Fundraising $1,548$122,302
IX-24 Other expenses (24a–d)Programs $339,272 · Management $118,139 · Fundraising $20,367$477,778
IX-25 Total functional expensesPrograms $7,832,296 · Management $2,269,309 · Fundraising $596,622$10,698,227
Part X · Balance sheet $39,400,746 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $4,144,692$4,337,047
X-2 Savings and temporary cash investmentsStart of year $189,757$1,297
X-3 Pledges and grants receivableStart of year $1,816,469$2,544,673
X-4 Accounts receivableStart of year $30,696$31,637
X-9 Prepaid expenses and deferred chargesStart of year $89,740$126,076
X-10c Land, buildings and equipment, netStart of year $14,013,056$15,248,391
X-11 Publicly traded securitiesStart of year $14,461,153$16,792,163
X-14 Intangible assetsStart of year $131,749$122,966
X-15 Other assetsStart of year $196,496$196,496
X-16 Total assetsStart of year $35,073,808$39,400,746
X-17 Accounts payable and accrued expensesStart of year $939,779$1,128,880
X-19 Deferred revenueStart of year $4,082,394$4,258,450
X-20 Tax-exempt bond liabilitiesStart of year $4,444,790$4,222,189
X-26 Total liabilitiesStart of year $10,787,790$10,886,446
X-27 Net assets without donor restrictionsStart of year $14,210,665$15,839,054
X-28 Net assets with donor restrictionsStart of year $10,075,353$12,675,246
X-32 Total net assets or fund balancesStart of year $24,286,018$28,514,300
X-33 Total liabilities and net assetsStart of year $35,073,808$39,400,746
Part XI · Reconciliation of net assets $28,514,300 net assets at year end
XI-1 Total revenue$13,621,851
XI-2 Total expenses$10,698,227
XI-3 Revenue less expenses$2,923,624
XI-4 Net assets at start of year$24,286,018
XI-5 Net unrealized gains (losses) on investments$1,378,324
XI-9 Other changes in net assets−$73,666
XI-10 Net assets at end of year$28,514,300

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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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