Nonprofit · EIN 06-1609222
WATERSIDE SCHOOL INC
Tax-exempt · STAMFORD, CT 06902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,592,836 | $10,742,314 | -$149,478 | $78,119,884 | $630,251 | $77,489,633 |
| June 30, 2024 | 990 | $10,951,279 | $10,559,704 | $391,575 | $73,779,150 | $305,992 | $73,473,158 |
| June 30, 2023 | 990 | $11,327,132 | $10,025,137 | $1,301,995 | $68,105,804 | $265,723 | $67,840,081 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,954,164
- Program service revenue
- $4,164,946
- Investment income
- $1,329,346
- Net gain from sales of assets
- $667,675
- Other revenue
- $144,380
Expenses
- Grants and similar amounts paid
- $4,060,126
- Compensation of officers, directors and key employees
- $733,023
- Other salaries and wages
- $3,213,109
- Salaries, compensation and benefits (total)
- $4,448,987
- Professional fundraising fees
- $0
- Legal fees
- $8,934
- Accounting fees
- $67,375
- Occupancy
- $131,400
- Travel
- $5,366
- Depreciation
- $453,404
- Program services (functional)
- $8,381,378
- Management and general (functional)
- $1,903,431
- Fundraising (functional)
- $457,505
Balance sheet and other
- Total assets, start of year
- $73,779,150
- Total assets, end of year
- $78,119,884
- Total liabilities, end of year
- $630,251
- Net assets, end of year
- $77,489,633
- Land, buildings and equipment
- $15,383,906
- Publicly traded securities
- $30,477,175
- Net assets without donor restrictions
- $49,505,847
- Net assets with donor restrictions
- $27,983,786
- Gross unrelated business income
- $144,380
- Gross receipts
- $23,268,467
- Employees
- 97
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- CT
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSEPH POWERS | EXECUTIVE DIRECTOR (THRU 6/30/25) Trustee or director, Officer | 40 | $368,544 | $33,500 |
| DUNCAN EDWARDS | FORMER OFFICER, CONSULTANT Highest-paid employee | 20 | $233,000 | $0 |
| JAMEL KEELS | DIRECTOR OF DEVELOPMENT Officer | 40 | $187,522 | $12,095 |
| JESSICA C CHANG | ASST HEAD OF SCHOOL Highest-paid employee | 40 | $103,909 | $9,960 |
| CORRIE DONALDSON | DIRECTOR OF ADMISSIONS & TEACHER Highest-paid employee | 40 | $102,315 | $10,113 |
| JONATHAN DUENNEBIER | DIR OF ALUMNI SUCCESS Highest-paid employee | 40 | $106,279 | $2,366 |
| LAVANDRA DUPREE | PARENT SERVICES LEAD Highest-paid employee | 40 | $101,542 | $2,382 |
| CHARLES LEIGH | CONTROLLER Officer | 24 | $73,699 | $0 |
| LISA STUART | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| KONRAD KRUGER | FOUNDER Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL SCHWABE | DIRECTOR & CHAIR FINANCE COMMITTEE Trustee or director, Officer | 4 | $0 | $0 |
| A JOE DELGADO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BART D OSMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DANIEL TAYLOR | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DEBBY WEINBERG | DIRECTOR Trustee or director | 4 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES D CAREY | DIRECTOR Trustee or director | 4 | $0 |
| JOHN HOCK | DIRECTOR Trustee or director | 4 | $0 |
| JOSEPH BOATENG | DIRECTOR Trustee or director | 4 | $0 |
| KEVIN GASVODA | DIRECTOR Trustee or director | 4 | $0 |
| KIRSTEN DZIALGA | DIRECTOR Trustee or director | 4 | $0 |
| MATTHEW LUCEY | DIRECTOR Trustee or director | 4 | $0 |
| MERRICK R RICK KLEEMAN | DIRECTOR Trustee or director | 4 | $0 |
| NANCY BETTER | DIRECTOR Trustee or director | 4 | $0 |
| PHILIP A HADLEY | DIRECTOR Trustee or director | 4 | $0 |
| RICHARD AXILROD | DIRECTOR Trustee or director | 4 | $0 |
| ROBERT GLANVILLE | DIRECTOR Trustee or director | 4 | $0 |
| ROBERT MORRIS | DIRECTOR Trustee or director | 4 | $0 |
| ROSE SHABET | DIRECTOR Trustee or director | 4 | $0 |
| TED FERRARONE | DIRECTOR Trustee or director | 4 | $0 |
| TIM ARMSTRONG | DIRECTOR Trustee or director | 4 | $0 |
| TOBY COBB | DIRECTOR Trustee or director | 4 | $0 |
| WILLIAM HENNESSEY | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DUNCAN EDWARDS | FORMER OFFICER, CONSULTANT Highest-paid employee | 20 | $233,000 | $0 |
| JOSEPH POWERS | EXECUTIVE DIRECTOR (AS OF 7/1/23) Trustee or director, Officer | 40 | $180,004 | $25,527 |
| JAMEL KEELS | HEAD OF SCHOOL - EX OFFICIO Officer | 40 | $184,527 | $13,839 |
| KAITLYN E WINTERBOTTOM | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $152,077 | $0 |
| DAVID OLSON | EXECUTIVE DIRECTOR (THRU 6/30/23) Former | 0 | $132,500 | $11,250 |
| JESSICA C CHANG | DEAN OF STUDIES Highest-paid employee | 40 | $102,883 | $4,817 |
| LISA STUART | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| KONRAD KRUGER | FOUNDER Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL SCHWABE | DIRECTOR & CHAIR FINANCE COMMITTEE Trustee or director, Officer | 4 | $0 | $0 |
| A JOE DELGADO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BART D OSMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DANIEL TAYLOR | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DEBBY WEINBERG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JAMES D CAREY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOHN HOCK | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOSEPH BOATENG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KEVIN GASVODA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KIRSTEN DZIALGA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MATTHEW LUCEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MERRICK R RICK KLEEMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NANCY BETTER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| PHILIP A HADLEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RICHARD AXILROD | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT GLANVILLE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT MORRIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROSE SHABET | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TED FERRARONE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TIM ARMSTRONG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TOBY COBB | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM HENNESSEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID OLSON | EXECUTIVE DIRECTOR (THRU 6/30/23) Trustee or director, Officer | 40 | $225,000 | $21,711 |
| DUNCAN EDWARDS | FORMER OFFICER Former | 40 | $200,000 | $0 |
| JAMEL KEELS | HEAD OF SCHOOL - EX OFFICIO Officer | 40 | $177,423 | $13,474 |
| KAITLYN E WINTERBOTTOM | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $132,923 | $6,358 |
| JODY VISAGE | DIRECTOR Trustee or director | 4 | $6,498 | $0 |
| TOBY COBB | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TIM ARMSTRONG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TED FERRARONE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROSE SHABET | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT MORRIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT GLANVILLE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RICHARD AXILROD | DIRECTOR Trustee or director | 4 | $0 | $0 |
| PHILIP A HADLEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NANCY BETTER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MICHAEL SCHWABE | DIRECTOR & CHAIR FINANCE COMMITTEE Trustee or director, Officer | 4 | $0 | $0 |
| MERRICK R RICK KLEEMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MATTHEW LUCEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| LISA STUART | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| KONRAD KRUGER | FOUNDER Trustee or director, Officer | 4 | $0 | $0 |
| KIRSTEN DZIALGA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KEVIN GASVODA | DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| JOSEPH BOATENG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOHN HOCK | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JAMES W BERGER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JAMES D CAREY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ERYN BINGLE | DIRECTOR (THRU 6/29/23) Trustee or director | 4 | $0 | $0 |
| DEBBY WEINBERG | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CARMEN HUGHES | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BART D OSMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| A JOE DELGADO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM HENNESSEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DANIEL TAYLOR | DIRECTOR Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 770 PACIFIC ST, STAMFORD, CT 06902-7329
- In care of
- % KONRAD KRUGER
- Principal officer (990 for 2024)
- CHARLES LEIGH, 770 PACIFIC STREET, STAMFORD, CT 069020000
- Signed the 990
- CHARLES LEIGH, CONTROLLER
- Phone
- (203) 975-8579
- Website
- WWW.WATERSIDESCHOOL.ORG
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
TO PROVIDE A SUPERB, WELL-ROUNDED EARLY YEAR EDUCATIONAL FOUNDATION FOR MOTIVATED, DISADVANTAGED CHILDREN, STARTING WITH PRE-KINDERGARTEN THROUGH FIFTH GRADE.
Program accomplishments
- TO PROVIDE AN EDUCATIONAL PROGRAM TO CHILDREN IN GRADES PRE-KINDERGARTEN THROUGH FIFTH GRADE.Expenses $8,381,378 · grants $4,060,126 · revenue $4,164,946
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1609222
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $78,119,884
- Income (IRS master file)
- $23,268,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,592,836 | $10,742,314 | $78,119,884 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,951,279 | $10,559,704 | $73,779,150 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,327,132 | $10,025,137 | $68,105,804 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $11,789,452 | $8,958,793 | $65,783,983 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 06-1609222).
Questions about WATERSIDE SCHOOL INC
- What is the EIN of WATERSIDE SCHOOL INC?
- The employer identification number (EIN) of WATERSIDE SCHOOL INC is 06-1609222.
- Is WATERSIDE SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to WATERSIDE SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERSIDE 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 WATERSIDE 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 WATERSIDE 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 WATERSIDE SCHOOL INC?
- The 990 for the year ended June 30, 2025 names CHARLES LEIGH.
- Who are the officers and directors of WATERSIDE SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 32 people; 8 received compensation from the organization, the highest $368,544 (JOSEPH POWERS, EXECUTIVE DIRECTOR (THRU 6/30/25)).
- How much revenue does WATERSIDE SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,592,836, expenses of $10,742,314 and total assets of $78,119,884 at year end.
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