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Nonprofiteer
← WOODWARD ACADEMY INC

Form 990 for tax year 2022

Filed by WOODWARD ACADEMY INC.

Totals

Total revenue
$91,550,915
Total expenses
$91,871,289
Contributions and grants received
$3,089,399
Grants paid
$8,511,773
Program services expenses (Part IX)
$79,938,542
Management and general expenses
$9,424,056
Fundraising expenses
$2,508,691
Program service expenses (Part III)
$79,938,542

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Dr F Stuart Gulley

    President

    Total calculated
    $682,071
    From this org
    $568,905
    From related orgs
    $0
    Other
    $113,166
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $520,065
    Bonus
    $0
    Other
    $48,840
    Deferred
    $93,300
    Nontaxable benefits
    $22,394
    Filer's total
    $684,599

  • Ms Marcia Spiller

    VP - retired June 2022

    Total calculated
    $548,086
    From this org
    $519,205
    From related orgs
    $0
    Other
    $28,881
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $365,205
    Bonus
    $0
    Other
    $154,000
    Deferred
    $9,567
    Nontaxable benefits
    $19,633
    Filer's total
    $548,405

  • Dr Christopher Freer

    Vice President

    Total calculated
    $355,764
    From this org
    $278,581
    From related orgs
    $0
    Other
    $77,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,581
    Bonus
    $0
    Other
    $0
    Deferred
    $17,455
    Nontaxable benefits
    $61,220
    Filer's total
    $357,256

  • Ms Nija Meyer

    Vice President

    Total calculated
    $277,648
    From this org
    $241,816
    From related orgs
    $0
    Other
    $35,832
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,816
    Bonus
    $0
    Other
    $0
    Deferred
    $11,331
    Nontaxable benefits
    $24,632
    Filer's total
    $277,779

  • Ms Louise D Mann

    Vice President/Treasurer

    Total calculated
    $265,760
    From this org
    $239,874
    From related orgs
    $0
    Other
    $25,886
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $239,874
    Bonus
    $0
    Other
    $0
    Deferred
    $14,100
    Nontaxable benefits
    $13,021
    Filer's total
    $266,995

  • Mr Lee Conner

    Vice President

    Total calculated
    $261,004
    From this org
    $225,528
    From related orgs
    $0
    Other
    $35,476
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $225,528
    Bonus
    $0
    Other
    $0
    Deferred
    $13,429
    Nontaxable benefits
    $23,156
    Filer's total
    $262,113

  • Mr Edward Rutledge

    Administrator

    Total calculated
    $237,854
    From this org
    $213,865
    From related orgs
    $0
    Other
    $23,989
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,865
    Bonus
    $0
    Other
    $0
    Deferred
    $12,180
    Nontaxable benefits
    $12,840
    Filer's total
    $238,885

  • Mr Jonathan Merrill

    Administrator

    Total calculated
    $229,343
    From this org
    $200,098
    From related orgs
    $0
    Other
    $29,245
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,098
    Bonus
    $0
    Other
    $0
    Deferred
    $12,196
    Nontaxable benefits
    $17,178
    Filer's total
    $229,472

  • Ms Christy Browne

    Associate Vice President

    Total calculated
    $202,057
    From this org
    $174,551
    From related orgs
    $0
    Other
    $27,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,551
    Bonus
    $0
    Other
    $0
    Deferred
    $10,910
    Nontaxable benefits
    $17,637
    Filer's total
    $203,098

  • Mr Dana Phillips

    Administrator

    Total calculated
    $195,537
    From this org
    $154,898
    From related orgs
    $0
    Other
    $40,639
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,898
    Bonus
    $0
    Other
    $0
    Deferred
    $9,487
    Nontaxable benefits
    $31,959
    Filer's total
    $196,344

  • Dr Jose Fernandez

    Administrator

    Total calculated
    $191,654
    From this org
    $169,646
    From related orgs
    $0
    Other
    $22,008
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,646
    Bonus
    $0
    Other
    $0
    Deferred
    $10,222
    Nontaxable benefits
    $11,917
    Filer's total
    $191,785

  • Dr Nigel Traylor

    Vice President

    Total calculated
    $182,095
    From this org
    $162,779
    From related orgs
    $0
    Other
    $19,316
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,779
    Bonus
    $0
    Other
    $0
    Deferred
    $8,610
    Nontaxable benefits
    $10,833
    Filer's total
    $182,222

  • Ms Diana Koscik

    Administrator

    Total calculated
    $180,508
    From this org
    $155,772
    From related orgs
    $0
    Other
    $24,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,772
    Bonus
    $0
    Other
    $15,000
    Deferred
    $7,411
    Nontaxable benefits
    $18,150
    Filer's total
    $181,333

  • Dr Xavier A Duralde

    Chairman

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Ms Mary S Moore

    Vice Chair

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Ms Madelyn R Adams

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Gerald R Benjamin

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Kenneth L Blank

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Ronald M Brill

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Monica Howard Douglas

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Michael S Drucker

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dr Russell K Gore

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr William H Gray IV

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Ryan T Gunnigle

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Rodney S Harrison

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Jo Cranford Hodges

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Ben F Johnson III

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Thomas L Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Tamara R Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Gregory S Lewis

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr C Brad Marsh

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Belinda MJ Morris

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dr Vicki R Palmer

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Beth H Paradies

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dr Deepak Raghavan

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Stephen E Roberts

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms LaKesha M Robinson

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ms Lauren Z Schlossberg

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr S Paul Shailendra

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Ricardo L Simon

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr James E Sutherland Jr

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mr Matthew D Wilson

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

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 — 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
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
HOUSING ALLOWANCE: THE PRESIDENT IS PAID A HOUSING ALLOWANCE OF $48,000 PER YEAR, ALL INCLUDED IN TAXABLE COMPENSATION. TWO VICE PRESIDENTS LIVE ON CAMPUS IN HOUSING THAT IS PROVIDED FOR THE BENEFIT OF WOODWARD ACADEMY AND THEREFORE NOT TREATED AS TAXABLE. SOCIAL CLUB DUES: THE SCHOOL PAYS DUES FOR THE PRESIDENT'S MEMBERSHIP IN A LOCAL BUSINESS/SOCIAL CLUB. THE PAYMENTS OF WHICH ARE TREATED AS A NONTAXABLE BENEFIT BECAUSE THE MEMBERSHIP IS USED FOR SCHOOL BUSINESS PURPOSES ONLY.
PART I, LINE 4B
WOODWARD ACADEMY CONTRIBUTED $75,000 TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS FOR DR. F. STUART GULLEY. AMOUNTS IN THE PLAN VEST OVER TIME BASED ON THE NUMBER OF YEARS OF SERVICE. DURING 2022, $154,000 WAS VESTED IN ACCORDANCE WITH MS. MARCIA SPILLER'S DEFERRED COMPENSATION SCHEDULE. Her TAXABLE COMPENSATION FOR THE 2022 CALENDAR YEAR INCLUDES THESE AMOUNTS.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 April 2024
IRS schema version
2022v5.0
Source object
202430619349300513

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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