Woodward Academy Inc: $91.6M Revenue, $71.7M Program Expenses
College Park, Georgia · EIN 580625584 · Filing year 2023
Woodward Academy Inc reported $91.6M in total revenue, $91.9M in total expenses, and $303.7M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($71.7M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (60/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $91.6M
- Total Expenses
- $91.9M
- Program Expenses
- $71.7M
- Program Expense Ratio
- 78.0%
- Total Assets
- $303.7M
- Reserve Months
- 39.7 months
- EIN
- 580625584
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
The composite efficiency score of 60/100 puts Woodward Academy Inc at C — neither standout nor failing. Some factors run above the median (typically program spending) while others run below (typically reserves or trend stability).
Woodward Academy Inc reported $91.6M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Woodward Academy Inc directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue is essentially flat — Woodward Academy Inc's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Woodward Academy Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Woodward Academy Inc Compares
Woodward Academy Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 60/100 is 14 points below the Education category average. The organization holds 39.7 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Woodward Academy Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Woodward Academy Inc has an Efficiency Score of C (60/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Woodward Academy Inc, Donor FAQ
Woodward Academy Inc has an Efficiency Score of C (60/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Woodward Academy Inc is not reported in the most recent IRS 990 filing on file.
Woodward Academy Inc reported $91.6M in annual revenue and $91.9M in total expenses for filing year 2023. The organization holds $303.7M in total assets.
For every dollar donated to Woodward Academy Inc, approximately 78.0 cents goes to program activities. The organization has 39.7 months of operating reserves, providing financial stability to sustain its mission.
Woodward Academy Inc is a registered 501(c) organization with EIN 580625584, based in College Park, Georgia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.