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WATERFORD INSTITUTE INC

EIN 51-0202349 TAYLORSVILLE, UT

Revenue 2024
$48,299,857
Expenses 2024
$49,602,326

Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
U410
Classification
8200
Street
4246 S RIVERBOAT RD STE 150

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • DAVID MYERS

    CEO CHIEF EXECUTIVE OFFICER

    Total calculated
    $441,259
    From this org
    $428,662
    From related orgs
    $0
    Other
    $12,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $428,662
    Bonus
    $0
    Other
    $0
    Deferred
    $7,309
    Nontaxable benefits
    $5,288
    Filer's total
    $441,259
  • SHERI BLACK

    VICE PRESIDENT OF SCHOOL RELATIONS

    Total calculated
    $382,706
    From this org
    $358,079
    From related orgs
    $0
    Other
    $24,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,559
    Bonus
    $93,520
    Other
    $0
    Deferred
    $9,092
    Nontaxable benefits
    $15,535
    Filer's total
    $382,706
  • MICHAEL HIGHT

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $365,139
    From this org
    $327,224
    From related orgs
    $0
    Other
    $37,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,330
    Bonus
    $108,894
    Other
    $0
    Deferred
    $16,600
    Nontaxable benefits
    $21,315
    Filer's total
    $365,139
  • JODI SOHRT

    DIRECTOR OF SCHOOL RELATIONS

    Total calculated
    $345,666
    From this org
    $312,500
    From related orgs
    $0
    Other
    $33,166
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,809
    Bonus
    $79,691
    Other
    $0
    Deferred
    $11,851
    Nontaxable benefits
    $21,315
    Filer's total
    $345,666
  • SCOTT WOOD

    SVP OF TECHNOLOGY

    Total calculated
    $348,903
    From this org
    $311,726
    From related orgs
    $0
    Other
    $37,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,081
    Bonus
    $103,645
    Other
    $0
    Deferred
    $15,862
    Nontaxable benefits
    $21,315
    Filer's total
    $348,903
  • THOMAS NESS

    CHIEF FINANCIAL OFFICER

    Total calculated
    $324,825
    From this org
    $289,332
    From related orgs
    $0
    Other
    $35,493
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,332
    Bonus
    $0
    Other
    $0
    Deferred
    $14,343
    Nontaxable benefits
    $21,150
    Filer's total
    $324,825
  • CLAUDIA MINER

    EXECUTIVE DIRECTOR & CO-FO

    Total calculated
    $301,625
    From this org
    $283,189
    From related orgs
    $0
    Other
    $18,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,189
    Bonus
    $0
    Other
    $0
    Deferred
    $12,415
    Nontaxable benefits
    $6,021
    Filer's total
    $301,625
  • EDWARD HEUSTON

    EXECUTIVE DIRECTOR & CO-FO

    Total calculated
    $310,805
    From this org
    $280,423
    From related orgs
    $0
    Other
    $30,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,423
    Bonus
    $0
    Other
    $0
    Deferred
    $14,519
    Nontaxable benefits
    $15,863
    Filer's total
    $310,805
  • MATT HILL

    CEO CHIEF EXECUTIVE OFFICER

    Total calculated
    $286,943
    From this org
    $261,521
    From related orgs
    $0
    Other
    $25,422
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,521
    Bonus
    $0
    Other
    $0
    Deferred
    $12,988
    Nontaxable benefits
    $12,434
    Filer's total
    $286,943
  • CLARK BEAL

    SVP SCHOOL RELATIONS

    Total calculated
    $292,846
    From this org
    $259,995
    From related orgs
    $0
    Other
    $32,851
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,118
    Bonus
    $100,877
    Other
    $0
    Deferred
    $11,536
    Nontaxable benefits
    $21,315
    Filer's total
    $292,846
  • REBECCA KELLEY

    CHIEF OF ADVOCACY AND COMM

    Total calculated
    $256,800
    From this org
    $244,543
    From related orgs
    $0
    Other
    $12,257
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,543
    Bonus
    $0
    Other
    $0
    Deferred
    $12,257
    Nontaxable benefits
    $0
    Filer's total
    $256,800
  • KATHY LANDON

    CHIEF OPERATING OFFICER

    Total calculated
    $234,927
    From this org
    $224,156
    From related orgs
    $0
    Other
    $10,771
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,156
    Bonus
    $0
    Other
    $0
    Deferred
    $10,771
    Nontaxable benefits
    $0
    Filer's total
    $234,927
  • JENNI TORRES

    EXECUTIVE VP & CHIEF ACADE

    Total calculated
    $227,685
    From this org
    $220,332
    From related orgs
    $0
    Other
    $7,353
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,332
    Bonus
    $15,000
    Other
    $0
    Deferred
    $7,353
    Nontaxable benefits
    $0
    Filer's total
    $227,685
  • VICKIE ROSS

    VICE PRESIDENT OF SOLUTIONS CONSULTING

    Total calculated
    $238,902
    From this org
    $220,326
    From related orgs
    $0
    Other
    $18,576
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,326
    Bonus
    $0
    Other
    $0
    Deferred
    $6,277
    Nontaxable benefits
    $12,299
    Filer's total
    $238,902
  • JAMES LUND

    SENIOR VICE PRESIDENT - UTAH UPSTART

    Total calculated
    $250,196
    From this org
    $219,224
    From related orgs
    $0
    Other
    $30,972
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,252
    Bonus
    $30,972
    Other
    $0
    Deferred
    $9,657
    Nontaxable benefits
    $21,315
    Filer's total
    $250,196
  • LORI PUGH

    CHIEF PEOPLE OFFICER

    Total calculated
    $236,746
    From this org
    $218,331
    From related orgs
    $0
    Other
    $18,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,331
    Bonus
    $0
    Other
    $0
    Deferred
    $11,189
    Nontaxable benefits
    $7,226
    Filer's total
    $236,746
  • MATTHEW ORLINS

    SENIOR VICE PRESIDENT- GOVERNMENT RELATIONS

    Total calculated
    $226,277
    From this org
    $215,573
    From related orgs
    $0
    Other
    $10,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,573
    Bonus
    $0
    Other
    $0
    Deferred
    $10,704
    Nontaxable benefits
    $0
    Filer's total
    $226,277
  • LEAH WALKER

    EVP, EQUITY AND INCLUSION

    Total calculated
    $247,871
    From this org
    $215,361
    From related orgs
    $0
    Other
    $32,510
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,361
    Bonus
    $0
    Other
    $0
    Deferred
    $11,195
    Nontaxable benefits
    $21,315
    Filer's total
    $247,871
  • KERNARD JONES

    SENIOR VICE PRESIDENT- GOVERNMENT RELATIONS

    Total calculated
    $236,623
    From this org
    $213,158
    From related orgs
    $0
    Other
    $23,465
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,158
    Bonus
    $0
    Other
    $0
    Deferred
    $2,150
    Nontaxable benefits
    $21,315
    Filer's total
    $236,623
  • ERNEST BLACKWELL

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • ALLISON GUSHEE MOLKENTHIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • WAYNE YSAGUIRRE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • STEPHANIE MONROE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • MATT GRIMES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • JACK RYAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $48,299,857
    Expenses
    $49,602,326
    Contributions
    $6,239,848
    Grants paid
    $0
  • 2023
    Revenue
    $46,196,729
    Expenses
    $59,361,779
    Contributions
    $6,494,367
    Grants paid
    $0
  • 2022
    Revenue
    $73,532,657
    Expenses
    $60,437,827
    Contributions
    $18,360,495
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.