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Nonprofiteer
← STRADA PHILANTHROPY INC

Form 990 for tax year 2024

Filed by STRADA PHILANTHROPY INC.

Totals

Total revenue
$19,218,549
Total expenses
$729,160
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$19,218,549
Other revenue
$0
Total assets, end of year
$420,542,467
Total liabilities, end of year
$216,721
Net assets or fund balances, end of year
$420,325,746
Program services expenses (Part IX)
$0
Management and general expenses
$729,160
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RUTH WATKINS

    CHAIR/DIRECTOR

    Total calculated
    $1,107,495
    From this org
    $0
    From related orgs
    $1,000,590
    Other
    $106,905
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $652,472 related
    Bonus
    $0 + $296,784 related
    Other
    $0 + $51,334 related
    Deferred
    $0 + $72,479 related
    Nontaxable benefits
    $0 + $34,426 related
    Filer's total
    $0 + $1,107,495 related

  • LARRY LUTZ

    VICE CHAIR/DIRECTOR

    Total calculated
    $756,218
    From this org
    $0
    From related orgs
    $673,733
    Other
    $82,485
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $434,603 related
    Bonus
    $0 + $175,840 related
    Other
    $0 + $63,290 related
    Deferred
    $0 + $38,799 related
    Nontaxable benefits
    $0 + $43,686 related
    Filer's total
    $0 + $756,218 related

  • RHONDA POWELL

    DIRECTOR

    Total calculated
    $745,002
    From this org
    $0
    From related orgs
    $668,094
    Other
    $76,908
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $450,638 related
    Bonus
    $0 + $189,833 related
    Other
    $0 + $27,623 related
    Deferred
    $0 + $42,340 related
    Nontaxable benefits
    $0 + $34,568 related
    Filer's total
    $0 + $745,002 related

  • THOMAS DAWSON

    DIRECTOR

    Total calculated
    $728,986
    From this org
    $0
    From related orgs
    $654,103
    Other
    $74,883
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $357,667 related
    Bonus
    $0 + $169,444 related
    Other
    $0 + $126,992 related
    Deferred
    $0 + $31,197 related
    Nontaxable benefits
    $0 + $43,686 related
    Filer's total
    $0 + $728,986 related

  • DARYL GRAHAM

    DIRECTOR

    Total calculated
    $469,922
    From this org
    $0
    From related orgs
    $427,122
    Other
    $42,800
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $290,819 related
    Bonus
    $0 + $108,795 related
    Other
    $0 + $27,508 related
    Deferred
    $0 + $17,234 related
    Nontaxable benefits
    $0 + $25,566 related
    Filer's total
    $0 + $469,922 related

  • MICHAEL AUSTIN

    TREASURER

    Total calculated
    $707,916
    From this org
    $0
    From related orgs
    $625,297
    Other
    $82,619
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $429,342 related
    Bonus
    $0 + $159,161 related
    Other
    $0 + $36,794 related
    Deferred
    $0 + $37,006 related
    Nontaxable benefits
    $0 + $45,613 related
    Filer's total
    $0 + $707,916 related

  • RYAN WAGGONER

    SECRETARY

    Total calculated
    $388,888
    From this org
    $0
    From related orgs
    $330,213
    Other
    $58,675
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,983 related
    Bonus
    $0 + $60,833 related
    Other
    $0 + $20,397 related
    Deferred
    $0 + $12,857 related
    Nontaxable benefits
    $0 + $45,818 related
    Filer's total
    $0 + $388,888 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, 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

  • 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 3:
STRADA EDUCATION FOUNDATION, INC., A RELATED ENTITY OF STRADA PHILANTHROPY, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B:
ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE ARE REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2024 TO THE FOLLOWING LISTED PERSONS IN PART VII: RUTH WATKINS - $22,443 LARRY LUTZ - $14,836 THOMAS DAWSON - $24,532 MICHAEL AUSTIN - $6,648 DARYL GRAHAM - $216

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349311856

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