Skip to main content

Nonprofit · EIN 04-2576523

CLEARWAY SCHOOL INC

Tax-exempt · NEWTON, MA 02458

Financials

$2.8M$2.8M2023$3.1M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of CLEARWAY SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,141,280$2,933,304$207,976$3,046,148$1,726,148$1,320,000
June 30, 2024990$2,838,254$2,785,632$52,622$3,057,975$1,945,951$1,112,024
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$45,262
Program service revenue
$3,073,201
Investment income
$12,305
Other revenue
$10,512

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$541,917
Other salaries and wages
$1,356,929
Salaries, compensation and benefits (total)
$2,281,361
Professional fundraising fees
$0
Legal fees
$4,153
Accounting fees
$78,751
Occupancy
$269,941
Depreciation
$97,484
Program services (functional)
$2,726,692
Management and general (functional)
$206,612

Balance sheet and other

Total assets, start of year
$3,057,975
Total assets, end of year
$3,046,148
Total liabilities, end of year
$1,726,148
Net assets, end of year
$1,320,000
Land, buildings and equipment
$480,575
Net assets without donor restrictions
$1,320,000
Gross receipts
$3,141,280
Employees
30
Volunteers
11
Year formed
1975
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KERIN DOUGHERTYCO-DIRECTOR
Officer
39.5$118,680$22,045
MARY RYANCO-DIRECTOR
Officer
39.5$118,299$21,609
PETER ROSENCO-DIRECTOR
Officer
39.5$120,958$11,028
REBECCA HOLLOWAYCO-DIRECTOR
Trustee or director, Officer
39.5$117,966$9,357
LINDSAY SHELHORNSPECIAL EDUCATION TEACHER
Highest-paid employee
39.5$101,596$20,311
NICK GRANTPRESIDENT
Trustee or director, Officer
1$0$0
COREY HEADYTREASURER
Trustee or director, Officer
1$0$0
KACY CROWLEYCLERK
Trustee or director, Officer
1$0$0
DOUG ADAMIANDIRECTOR
Trustee or director
1$0$0
PAMELA ADAMIANDIRECTOR
Trustee or director
1$0$0
ERIC FINAMOREDIRECTOR
Trustee or director
1$0$0
ALISON MERRILLDIRECTOR
Trustee or director
1$0$0
PAUL MURRAYDIRECTOR
Trustee or director
1$0$0
JEAN WILLIAMSDIRECTOR
Trustee or director
1$0$0
BEN KAMINDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
LINDA LEDGERDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
KERIN DOUGHERTYCO-DIRECTOR
Officer
39.5$118,680$22,045
MARY RYANCO-DIRECTOR
Officer
39.5$118,299$21,609
PETER ROSENCO-DIRECTOR
Officer
39.5$120,958$11,028
REBECCA HOLLOWAYCO-DIRECTOR
Trustee or director, Officer
39.5$117,966$9,357
LINDSAY SHELHORNSPECIAL EDUCATION TEACHER
Highest-paid employee
39.5$101,596$20,311
NICK GRANTPRESIDENT
Trustee or director, Officer
1$0$0
COREY HEADYTREASURER
Trustee or director, Officer
1$0$0
KACY CROWLEYCLERK
Trustee or director, Officer
1$0$0
DOUG ADAMIANDIRECTOR
Trustee or director
1$0$0
PAMELA ADAMIANDIRECTOR
Trustee or director
1$0$0
ERIC FINAMOREDIRECTOR
Trustee or director
1$0$0
ALISON MERRILLDIRECTOR
Trustee or director
1$0$0
PAUL MURRAYDIRECTOR
Trustee or director
1$0$0
JEAN WILLIAMSDIRECTOR
Trustee or director
1$0$0
BEN KAMINDIRECTOR
Trustee or director
1$0$0
LINDA LEDGERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
573B WASHINGTON ST, NEWTON, MA 02458-1423
Principal officer (990 for 2024)
NICK GRANT, 573B WASHINGTON STREET, NEWTON, MA 02458
Signed the 990
NICK GRANT, PRESIDENT
Phone
(617) 964-6186
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

CLEARWAY SCHOOL, INC. IS DEDICATED TO PROVIDING QUALITY, SPECIALIZED INSTRUCTION TO MIDDLE AND HIGH SCHOOL STUDENTS WITH LEARNING DISABILITIES. CLEARWAY SCHOOL IS A DAY SCHOOL THAT BUILDS INDEPENDENT SKILLS THROUGH SMALL GROUP, MULTI-SENSORY INSTRUCTION THAT PROVIDES TRUE ACCESS TO THE GENERAL CURRICULUM. OUR COLLABORATIVE TEAM APPROACH CHALLENGES STUDENTS TO IDENTIFY AND COMMIT TO INDIVIDUAL GOALS INTEGRATED ACROSS THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • SPECIAL EDUCATION PROGRAM - THE PROGRAMS AT CLEARWAY SCHOOL PROVIDE SPECIAL NEEDS EDUCATION TO QUALIFIED STUDENTS THROUGHOUT THE SCHOOL YEAR. DURING THE CURRENT YEAR, 38 STUDENTS ATTENDED.
    Expenses $2,588,255 · revenue $2,858,605
  • SUMMER PROGRAM - THE PROGRAMS AT CLEARWAY SCHOOL PROVIDE SPECIAL NEEDS EDUCATION TO QUALIFIED STUDENTS DURING THE SUMMER. DURING THE CURRENT YEAR, 28 STUDENTS ATTENDED.
    Expenses $138,437 · revenue $214,596

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2576523
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,046,148
Income (IRS master file)
$3,141,280

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,141,280$2,933,304$3,046,148XML
990June 2024$2,838,254$2,785,632$3,057,975XML
990June 2023$2,900,713$2,830,812$3,244,164IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2576523).

Questions about CLEARWAY SCHOOL INC

What is the EIN of CLEARWAY SCHOOL INC?
The employer identification number (EIN) of CLEARWAY SCHOOL INC is 04-2576523.
Is CLEARWAY SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to CLEARWAY SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEARWAY SCHOOL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CLEARWAY SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLEARWAY SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CLEARWAY SCHOOL INC?
The 990 for the year ended June 30, 2025 names NICK GRANT.
Who are the officers and directors of CLEARWAY SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 16 people; 5 received compensation from the organization, the highest $118,680 (KERIN DOUGHERTY, CO-DIRECTOR).
How much revenue does CLEARWAY SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,141,280, expenses of $2,933,304 and total assets of $3,046,148 at year end.

Other nonprofits in NEWTON

All nonprofits in NEWTON · Massachusetts