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Nonprofit · EIN 13-3134024

WASHINGTON MARKET SCHOOL

Tax-exempt · NEW YORK, NY 10013

Financials

$9.3M$9.9M2024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON MARKET SCHOOL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$9,255,323$9,903,067-$647,744$47,479,954$18,979,605$28,500,349
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$691,949
of which government grants
$15,531
Program service revenue
$8,389,975
Investment income
$183,631
Net gain from sales of assets
-$533,408
Net income from fundraising events
-$10,232
Other revenue
-$10,232

Expenses

Grants and similar amounts paid
$316,522
Compensation of officers, directors and key employees
$1,614,458
Other salaries and wages
$3,899,035
Salaries, compensation and benefits (total)
$6,661,417
Professional fundraising fees
$0
Legal fees
$14,267
Accounting fees
$84,120
Occupancy
$1,167,295
Depreciation
$235,332
Program services (functional)
$6,558,852
Management and general (functional)
$3,123,354
Fundraising (functional)
$220,861

Balance sheet and other

Total assets, start of year
$44,891,699
Total assets, end of year
$47,479,954
Total liabilities, end of year
$18,979,605
Net assets, end of year
$28,500,349
Land, buildings and equipment
$755,786
Publicly traded securities
$22,972,613
Net assets without donor restrictions
$27,921,629
Net assets with donor restrictions
$578,720
Gross receipts
$30,581,931
Employees
70
Volunteers
75
Year formed
1981
State of legal domicile
NY

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CAROLINE KRIESHEAD OF SCHOOL
Officer
35$412,331$29,115
MICHAEL SAICHCHIEF FINANCIAL OFFICER
Key employee
35$239,905$34,660
HEATHER BURCHYNSSITE DIRECTOR
Key employee
35$219,899$8,310
CARRIE BOROWSDIRECTOR OF OPERATIONS
Key employee
35$150,932$20,066
MARIELLE LOPEZSITE DIRECTOR
Highest-paid employee
35$128,066$9,215
JANILLA WYLLIETEACHER
Highest-paid employee
35$116,622$6,220
LAURIE KEANETEACHER
Highest-paid employee
35$104,482$16,886
ODETTE BOTEHLOTEACHER
Highest-paid employee
35$101,562$16,913
NICOLE DRASKOCZYTEACHER
Highest-paid employee
35$110,789$6,127
SWATI ALAGHVICE CHAIR
Trustee or director, Officer
2$0$0
JOHN BERTONTREASURER
Trustee or director, Officer
2$0$0
MELISSA DASSORITRUSTEE
Trustee or director
2$0$0
CHERYL D'HOLANDERTRUSTEE
Trustee or director
2$0$0
SHACHI DOSHITRUSTEE
Trustee or director
2$0$0
VINCENT HANLEYTRUSTEE
Trustee or director
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
LISA HOFERCHAIR
Trustee or director, Officer
4$0
JOHN HOWARDSECRETARY
Trustee or director, Officer
2$0
MELISA TUCKERTRUSTEE
Trustee or director
2$0
SHEILA WOLPERTRUSTEE
Trustee or director
2$0
DEBBIE ZLOTOWITZTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
55 HUDSON ST, NEW YORK, NY 10013-3350
In care of
% AIDA TORRES-SCHNEIDER
Principal officer (990 for 2024)
CAROLINE KRIES, 55 HUDSON STREET, NEW YORK, NY 10013
Signed the 990
CAROLINE KRIES, HEAD OF SCHOOL
Phone
(212) 233-2176
Return prepared by
TOTILO & COMPANY LLC

Mission

THE GOALS OF THE SCHOOL ARE THE DEVELOPMENT OF SELF-CONFIDENCE, INDEPENDENCE AND CONCENTRATION IN YOUNG CHILDREN IN AN ENVIRONMENT CREATED FROM THE ASPECTS OF THE MONTESSORI PHILOSOPHY, AND TO NURTURE THEIR INHERENT INTEREST IN LEARNING AND CREATIVITY.

990 for the year ended August 31, 2025

Program accomplishments

  • THE WASHINGTON MARKET SCHOOL, INC., A SECTION 501(C) (3) ORGANIZATION, OPERATES A NURSERY SCHOOL IN WHICH APPROXIMATELY 220 CHILDREN ARE ENROLLED
    Expenses $6,558,852 · grants $316,522 · revenue $8,389,975

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
13-3134024
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
1984
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21Z)
Assets (IRS master file)
$47,479,954
Income (IRS master file)
$30,581,931

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025–––IRS
990August 2024–––IRS
990August 2023$9,146,957$9,299,609$43,119,590IRS
990August 2022$10,335,923$9,516,054$31,974,364IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about WASHINGTON MARKET SCHOOL

What is the EIN of WASHINGTON MARKET SCHOOL?
The employer identification number (EIN) of WASHINGTON MARKET SCHOOL is 13-3134024.
Is WASHINGTON MARKET SCHOOL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to WASHINGTON MARKET SCHOOL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WASHINGTON MARKET SCHOOL 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 WASHINGTON MARKET SCHOOL due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WASHINGTON MARKET SCHOOL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of WASHINGTON MARKET SCHOOL?
The 990 for the year ended August 31, 2025 names CAROLINE KRIES.
Who are the officers and directors of WASHINGTON MARKET SCHOOL?
The 990 for the year ended August 31, 2025 lists 20 people; 9 received compensation from the organization, the highest $412,331 (CAROLINE KRIES, HEAD OF SCHOOL).
How much revenue does WASHINGTON MARKET SCHOOL have?
On its 990 for the year ended August 31, 2025 it reported revenue of $9,255,323, expenses of $9,903,067 and total assets of $47,479,954 at year end.

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