Totals
- Total revenue
- $7,303,235
- Total expenses
- $8,106,396
- Contributions and grants received
- $3,315,619
- Grants paid
- $0
- Program service revenue
- $3,575,878
- Investment income
- $420,147
- Other revenue
- -$8,409
- Total assets, end of year
- $41,129,159
- Total liabilities, end of year
- $6,074,308
- Net assets or fund balances, end of year
- $35,054,851
- Program services expenses (Part IX)
- $6,091,388
- Management and general expenses
- $1,451,805
- Fundraising expenses
- $563,203
- Program service expenses (Part III)
- $6,091,388
Program services were 75.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$214,457
-
1e · Government grants (contributions)
$7,497
-
1f · All other contributions, gifts and grants
$3,093,665
-
1g · Noncash contributions included above
$177,080
-
2a · Program service revenue: TUITION AND FEES
total $3,329,398 · related or exempt $3,329,398
-
2b · Program service revenue: STUDENT FEES
total $131,118 · related or exempt $131,118
-
2c · Program service revenue: TRANSPORTATION
total $40,778 · related or exempt $40,778
-
2d · Program service revenue: ACADEMIC TESTING
total $17,482 · related or exempt $17,482
-
2e · Program service revenue: CAMP REVENUE
total $10,000 · related or exempt $10,000
-
2f · All other program service revenue
total $47,102 · related or exempt $47,102
-
3 · Investment income
total $410,232 · excluded $410,232
-
7a · Gross sales of assets other than inventory
securities $1,641,094
-
7b · Less cost or other basis and sales expenses
securities $1,631,179
-
7c · Gain or loss
securities $9,915
-
7d · Net gain or loss
total $9,915 · excluded $9,915
-
8a · Fundraising events: gross income
$68,817
-
8a · Fundraising events: contributions included on line 1c
$214,457
-
8b · Fundraising events: direct expenses
$92,031
-
8c · Net income from fundraising events
total -$23,214 · excluded -$23,214
-
9a · Gaming: gross income
$15,960
-
9b · Gaming: direct expenses
$1,155
-
9c · Net income from gaming
total $14,805 · excluded $14,805
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $324,489 · management and general $324,489
-
7 · Other salaries and wages
total $2,508,307 · program services $1,779,453 · management and general $369,285 · fundraising $359,569
-
8 · Pension plan contributions
total $116,415 · program services $81,427 · management and general $18,534 · fundraising $16,454
-
9 · Other employee benefits
total $427,532 · program services $284,157 · management and general $85,956 · fundraising $57,419
-
10 · Payroll taxes
total $198,891 · program services $126,343 · management and general $47,018 · fundraising $25,530
-
11b · Fees: legal
total $3,419 · management and general $3,419
-
11c · Fees: accounting
total $58,631 · management and general $58,631
-
11f · Fees: investment management
total $82,450 · management and general $82,450
-
11g · Fees: other
total $1,715,340 · program services $1,643,018 · management and general $69,551 · fundraising $2,771
-
12 · Advertising and promotion
total $41,848 · management and general $23,880 · fundraising $17,968
-
13 · Office expenses
total $436,627 · program services $290,981 · management and general $105,346 · fundraising $40,300
-
14 · Information technology
total $230,021 · program services $211,683 · management and general $17,074 · fundraising $1,264
-
16 · Occupancy
total $512,292 · program services $471,450 · management and general $38,027 · fundraising $2,815
-
17 · Travel
total $226,301 · program services $200,939 · management and general $17,237 · fundraising $8,125
-
19 · Conferences, conventions and meetings
total $64,276 · program services $8,285 · management and general $30,792 · fundraising $25,199
-
20 · Interest
total $16,812 · program services $15,472 · management and general $1,248 · fundraising $92
-
22 · Depreciation, depletion and amortization
total $703,918 · program services $647,799 · management and general $52,251 · fundraising $3,868
-
23 · Insurance
total $201,860 · program services $185,767 · management and general $14,984 · fundraising $1,109
-
24a · Other expenses: EQUIPMENT REPAIRS
total $146,978 · program services $131,903 · management and general $15,075
-
24b · Other expenses: BAD DEBT EXPENSE
total $46,106 · management and general $46,106
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $43,883 · program services $12,711 · management and general $30,452 · fundraising $720
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $120,626 · end of year $170,584
-
2 · Savings and temporary cash investments
beginning of year $1,019,060 · end of year $1,729,836
-
3 · Pledges and grants receivable
beginning of year $1,021,534 · end of year $616,403
-
4 · Accounts receivable
beginning of year $74,098 · end of year $93,434
-
9 · Prepaid expenses and deferred charges
beginning of year $221,372 · end of year $212,265
-
10a · Land, buildings and equipment: cost or other basis
$31,210,820
-
10b · Land, buildings and equipment: accumulated depreciation
$14,758,511
-
10c · Land, buildings and equipment, net
beginning of year $15,839,676 · end of year $16,452,309
-
12 · Investments: other securities
beginning of year $69,887 · end of year $223,191
-
15 · Other assets
beginning of year $20,411,905 · end of year $21,631,137
-
17 · Accounts payable and accrued expenses
beginning of year $126,987 · end of year $129,699
-
19 · Deferred revenue
beginning of year $1,478,095 · end of year $2,112,833
-
23 · Secured mortgages and notes payable
beginning of year $3,319,758 · end of year $3,654,777
-
25 · Other liabilities
beginning of year $174,327 · end of year $176,999
-
27 · Net assets without donor restrictions
beginning of year $5,111,904 · end of year $9,292,363
-
28 · Net assets with donor restrictions
beginning of year $28,567,087 · end of year $25,762,488
Mission and programs · 2022
Mission
WAYLAND ACADEMY PREPARES EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER.
-
WAYLAND ACADEMY IS A COEDUCATIONAL COLLEGE PREPARATORY BOARDING AND DAY SCHOOL FOR STUDENTS IN GRADES 9 TO 12. AT WAYLAND ACADEMY, WE PREPARE EACH STUDENT FOR COLLEGE AND BEYOND THROUGH A LIBERAL ARTS CURRICULUM AND CAMPUS PROGRAMS DEVOTED TO THE PURSUIT OF KNOWLEDGE AND THE DEVELOPMENT OF CHARACTER. FOR THE 2022-2023 ACADEMIC YEAR, 166 STUDENTS REPRESENTED 24 COUNTRIES AND 10 STATES WERE ENROLLED AT WAYLAND ACADEMY.
Expenses $6,091,388 · Revenue $3,575,878
As filed on the 2022 return.
Listed in Part VII
-
DAVID LARSON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
DOTTIE JUNG
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
SHELLEY GREENWOOD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL VANHAREN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
PETER SENSENBRENNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
ELIZABETH PARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BETHANN VAUBEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BURNETT SULLIVAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ONNIE LEACH SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROSINA SAMADANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
PETE PATTERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MEGAN PETERSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN MCKINSTRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN MCCONNELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
PATRICIA MARTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM LUEDKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES JANIK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH WALLMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RANDALL HARRIS II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JANEL DEZARN
CHIEF FINANCIAL OFFICER
- Total calculated
- $130,839
- From this org
- $126,184
- From related orgs
- $0
- Other
- $4,655
- Hours/week
- 40
-
JASON WARNICK
HEAD OF SCHOOL
- Total calculated
- $268,293
- From this org
- $245,769
- From related orgs
- $0
- Other
- $22,524
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,725
- Bonus
- $10,973
- Other
- $20,071
- Deferred
- $6,283
- Nontaxable benefits
- $16,241
- Filer's total
- $268,293
-
CAROLYN AHLBORN
DIRECTOR OF ADVANCEMENT
- Total calculated
- $118,158
- From this org
- $113,427
- From related orgs
- $0
- Other
- $4,731
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- JASON WARNICK, HEAD OF SCHOOL, RECEIVED HOUSING AND UTILITIES PROVIDED BY WAYLAND ACADEMY OF $20,071 FOR THE CALENDAR YEAR. HOUSING ALLOWANCE IS NOT INCLUDED ON HIS W-2 INCOME AS IT IS A REQUIREMENT OF HIS EMPLOYMENT TO LIVE ON CAMPUS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440309349300334
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