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Nonprofit · EIN 34-0714390

WESTERN RESERVE ACADEMY

Tax-exempt · HUDSON, OH 44236

Financials

$44.2M$40M2022$49.8M$41M2023$47.6M$41.2M2024
Revenue Expenses · by fiscal year end
Financials of WESTERN RESERVE ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$47,603,115$41,169,666$6,433,449$231,853,556$22,029,046$209,824,510
June 30, 2024990$49,803,235$40,999,185$8,804,050$225,622,263$23,797,659$201,824,604
June 30, 2023990$44,235,447$39,992,447$4,243,000$225,822,357$22,548,435$203,273,922
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,968,795
Program service revenue
$29,659,904
Investment income
$9,967,111
Net gain from sales of assets
$5,152,614
Net income from fundraising events
$7,305
Other revenue
$7,305

Expenses

Grants and similar amounts paid
$9,181,089
Compensation of officers, directors and key employees
$1,931,500
Other salaries and wages
$10,462,415
Salaries, compensation and benefits (total)
$16,491,480
Professional fundraising fees
$0
Legal fees
$39,702
Accounting fees
$78,700
Occupancy
$2,615,169
Travel
$524,577
Depreciation
$2,681,931
Program services (functional)
$33,070,592
Management and general (functional)
$5,679,682
Fundraising (functional)
$2,419,392

Balance sheet and other

Total assets, start of year
$225,622,263
Total assets, end of year
$231,853,556
Total liabilities, end of year
$22,029,046
Net assets, end of year
$209,824,510
Land, buildings and equipment
$55,810,397
Publicly traded securities
$31,253,893
Net assets without donor restrictions
$54,228,710
Net assets with donor restrictions
$155,595,800
Gross unrelated business income
$97,087
Gross receipts
$66,039,034
Employees
266
Volunteers
50
Year formed
1826
State of legal domicile
OH

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
SUZANNE E BUCKHEAD OF SCHOOL
Officer
40$525,842$166,835
THOMAS P ARNOLDCHIEF FIN.&OP.OFFICER
Officer
40$332,386$56,837
MARK L LAFONTAINEASST.HEAD OF SCHOOL FOR ADV.
Key employee
40$310,834$32,024
BRENDA PETERSENASSOC.HEAD OF SCHOOL FOR FAC.ENG.
Key employee
40$208,154$43,659
MATTHEW L GERBERCHIEF INNOVATION OFFICER
Key employee
40$170,592$38,632
JEFFREY JACOTDIR.-CAPITAL PROJECTS
Key employee
40$172,026$35,192
ANNA BARLOW BOESCHDIR.-COLLEGE COUNSELING
Highest-paid employee
40$131,945$64,669
E SCHAEFFER BARNHARDTDIR.-ENROLLMENT MGMT.
Highest-paid employee
40$130,883$50,437
WANDA BOESCH CORDONDEAN OF ACADEMIC AFFAIRS
Highest-paid employee
40$124,305$55,621
RUTH D ANDREWSDIR.-LEADERSHIP GIFTS
Highest-paid employee
40$142,734$32,126
MARGARET COLAFELLACHIEF COMMUNICATIONS OFFICER
Key employee
40$150,562$24,125
DAVID CHIARELLADIR.-COUNSELING&PSYCH.SVCS.
Highest-paid employee
40$147,597$24,518
DANIEL H BAYLYTRUSTEE
Trustee or director
0.5$0$0
MEREDITH BROADBENTTRUSTEE
Trustee or director
0.5$0$0
STEPHAN W COLEVICE PRESIDENT
Trustee or director, Officer
1$0$0
25 more people on this return
NameTitleHours / weekCompensation
SUZANNE DAYTRUSTEE
Trustee or director
0.5$0
THOMAS E DUNNTRUSTEE
Trustee or director
0.5$0
WARREN W FARR IIITRUSTEE
Trustee or director
0.5$0
DAGMAR F FELLOWESTRUSTEE
Trustee or director
0.5$0
JOHN M FOWLERTREASURER
Trustee or director, Officer
1$0
MARTIN D FRANKSCO-PRESIDENT
Trustee or director, Officer
2$0
PHILIP FRANZTRUSTEE
Trustee or director
0.5$0
JOHN P HEWKOTRUSTEE
Trustee or director
0.5$0
CLIFTON D HOODTRUSTEE
Trustee or director
0.5$0
MICHAEL A JOHNSONTRUSTEE
Trustee or director
0.5$0
JEFFREY E JOHNSTONTRUSTEE
Trustee or director
0.5$0
ALANA L JOINERTRUSTEE
Trustee or director
0.5$0
NATHANIEL E LEONARDCO-PRESIDENT
Trustee or director, Officer
2$0
DALE G KRAMERTRUSTEE
Trustee or director
0.5$0
CECILY PRYCE MAGUIRETRUSTEE
Trustee or director
0.5$0
ANNE CACIOPPO MANGANAROTRUSTEE
Trustee or director
0.5$0
TUCKER H MARSHALLTRUSTEE
Trustee or director
0.5$0
PRIYA B MASEELALLTRUSTEE
Trustee or director
0.5$0
MICHAEL O RUSSELLTRUSTEE
Trustee or director
0.5$0
MARCIA SPILLERTRUSTEE
Trustee or director
0.5$0
TIANHAO BARNABAS WANGTRUSTEE
Trustee or director
0.5$0
TIMOTHY R WARNERTRUSTEE
Trustee or director
0.5$0
MARK J WELSHIMERSECRETARY
Trustee or director, Officer
1$0
KATHLEEN A WOODTRUSTEE
Trustee or director
0.5$0
ANTHONY WYNSHAW-BORISMDPHDTRUSTEE
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 39 people
NameTitleHours / weekCompensationOther / benefits
SUZANNE E BUCKHEAD OF SCHOOL
Officer
40$486,493$187,259
THOMAS P ARNOLDCHIEF FIN.&OP.OFFICER
Officer
40$277,806$53,511
MARK L LAFONTAINEASST.HEAD OF SCHOOL FOR AD
Key employee
40$297,784$30,719
JENNIFER R BIEHNDIR.-ENROLLMENT MANAGEMENT
Key employee
40$182,786$109,399
BRENDA PETERSENASSOCIATE HEAD OF SCHOOL
Key employee
40$191,740$41,217
MARGARET COLAFELLADIR.-COMMUNICATIONS & MARK
Highest-paid employee
40$140,897$67,294
JEFFREY JACOTDIR.-CAPITAL PROJECTS
Key employee
40$169,764$34,723
MATTHEW L GERBERCHIEF INNOVATION OFFICER
Key employee
40$156,422$37,039
ANNA BARLOW BOESCHDIR.-COLLEGE COUNSELING
Highest-paid employee
40$119,595$56,502
DAVID L CHIARELLADIR.-COUNSELING&PSYCH.SERV
Highest-paid employee
40$145,431$23,981
RUTH D ANDREWSSR. DIR OF LEADERSHIP GIFTS
Highest-paid employee
40$136,536$31,289
PETER HUTCHINSDIR.-ATHLETICS
Highest-paid employee
40$113,162$27,952
DANIEL H BAYLYTRUSTEE
Trustee or director
0.5$0$0
MEREDITH BROADBENTTRUSTEE
Trustee or director
0.5$0$0
STEPHAN W COLEVICE PRESIDENT
Trustee or director, Officer
1$0$0
SUZANNE DAYTRUSTEE
Trustee or director
0.5$0$0
THOMAS E DUNNTRUSTEE
Trustee or director
0.5$0$0
WARREN W FARR IIITRUSTEE
Trustee or director
0.5$0$0
DAGMAR F FELLOWESTRUSTEE
Trustee or director
0.5$0$0
JOHN M FOWLERTREASURER
Trustee or director, Officer
1$0$0
MARTIN D FRANKSCO-PRESIDENT
Trustee or director, Officer
2$0$0
PHILIP FRANZTRUSTEE
Trustee or director
0.5$0$0
JOHN P HEWKOTRUSTEE
Trustee or director
0.5$0$0
CLIFTON D HOODTRUSTEE
Trustee or director
0.5$0$0
MICHAEL A JOHNSONTRUSTEE
Trustee or director
0.5$0$0
JEFFREY E JOHNSTONTRUSTEE
Trustee or director
0.5$0$0
ALANA MCCLANAHAN JOINERTRUSTEE
Trustee or director
0.5$0$0
NATHANIEL E LEONARDCO-PRESIDENT
Trustee or director, Officer
2$0$0
DALE G KRAMERTRUSTEE
Trustee or director
0.5$0$0
CECILY PRYCE MAGUIRETRUSTEE
Trustee or director
0.5$0$0
ANNE CACIOPPO MANGANAROTRUSTEE
Trustee or director
0.5$0$0
TUCKER H MARSHALLTRUSTEE
Trustee or director
0.5$0$0
MARCIA PREWITT SPILLERTRUSTEE
Trustee or director
0.5$0$0
MICHAEL O RUSSELLTRUSTEE
Trustee or director
0.5$0$0
TIANHAO BARNABAS WANGTRUSTEE
Trustee or director
0.5$0$0
TIMOTHY R WARNERTRUSTEE
Trustee or director
0.5$0$0
MARK J WELSHIMERSECRETARY
Trustee or director, Officer
1$0$0
KATHLEEN A WOODTRUSTEE
Trustee or director
0.5$0$0
ANTHONY WYNSHAW-BORIS MD PHDTRUSTEE
Trustee or director
0.5$0$0
990 for the year ended June 30, 2023: 35 people
NameTitleHours / weekCompensationOther / benefits
SUZANNE E BUCKHEAD OF SCHOOL
Officer
40$467,722$180,272
THOMAS P ARNOLDCHIEF FIN.&OP.OFFICER
Officer
40$260,456$70,935
MARK L LAFONTAINEASST.HEAD OF SCHOOL FOR ADV.
Key employee
40$287,514$29,757
JENNIFER R BIEHNDIR.-ENROLLMENT MANAGEMENT
Key employee
40$176,859$126,462
MARGARET COLAFELLADIR.-COMMUNICATIONS & MARKETING
Highest-paid employee
40$136,052$108,535
NICHOLAS KENTASSOCIATE HEAD OF SCHOOL
Key employee
40$162,664$53,279
MATTHEW L GERBERCHIEF INNOVATION OFFICER
Highest-paid employee
40$144,936$45,740
BRENDA PETERSENASSOCIATE HEAD OF SCHOOL
Highest-paid employee
40$136,420$40,213
DAVID L CHIARELLADIR.-COUNSELING&PSYCH.SERVICES
Highest-paid employee
40$142,644$22,860
RUTH D ANDREWSSR. DIR OF LEADERSHIP GIFTS
Highest-paid employee
40$131,728$29,298
DANIEL H BAYLYTRUSTEE
Trustee or director
1$0$0
MEREDITH BROADBENTTRUSTEE
Trustee or director
1$0$0
H WILLIAM CHRISTTRUSTEE
Trustee or director
1$0$0
STEPHAN W COLEVICE PRESIDENT
Trustee or director, Officer
1$0$0
SUZANNE DAYTRUSTEE
Trustee or director
1$0$0
THOMAS E DUNNTRUSTEE
Trustee or director
1$0$0
WARREN W FARR IIITRUSTEE
Trustee or director
1$0$0
DAGMAR F FELLOWESTRUSTEE
Trustee or director
1$0$0
JOHN M FOWLERTREASURER
Trustee or director, Officer
1$0$0
MARTIN D FRANKSCO-PRESIDENT
Trustee or director, Officer
2$0$0
PHILIP FRANZTRUSTEE
Trustee or director
1$0$0
JOHN P HEWKOTRUSTEE
Trustee or director
1$0$0
CLIFTON D HOODTRUSTEE
Trustee or director
1$0$0
MICHAEL A JOHNSONTRUSTEE
Trustee or director
1$0$0
ALANA MCCLANAHAN JOINERTRUSTEE
Trustee or director
1$0$0
NATHANIEL E LEONARDCO-PRESIDENT
Trustee or director, Officer
2$0$0
CECILY PRYCE MAGUIRETRUSTEE
Trustee or director
1$0$0
ANNE CACIOPPO MANGANAROTRUSTEE
Trustee or director
1$0$0
TUCKER H MARSHALLTRUSTEE
Trustee or director
1$0$0
MARCIA PREWITT SPILLERTRUSTEE
Trustee or director
1$0$0
MICHAEL O RUSSELLTRUSTEE
Trustee or director
1$0$0
TIMOTHY R WARNERTRUSTEE
Trustee or director
1$0$0
MARK J WELSHIMERSECRETARY
Trustee or director, Officer
1$0$0
KATHLEEN A WOODTRUSTEE
Trustee or director
1$0$0
ANTHONY WYNSHAW-BORIS MD PHDTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
115 COLLEGE ST, HUDSON, OH 44236-2926
In care of
% THOMAS ARNOLD
Principal officer (990 for 2024)
SUZANNE E BUCK, 115 COLLEGE STREET, HUDSON, OH 442362926
Signed the 990
THOMAS P ARNOLD, CFOO
Phone
(330) 650-4400
Return prepared by
MALONEY NOVOTNY LLC

Mission

MISSION: TO PREPARE STUDENTS TO BLAZE TRAILS IN LEARNING AND IN LIFE.VISION: TO DELIVER AN UNRIVALED EDUCATIONAL EXPERIENCE ILLUMINATED BY TRADITION, SPARKED BY INNOVATION, AND ENERGIZED BY JOY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ACADEMY IS A SECONDARY CO-EDUCATIONAL SCHOOL WITH APPROXIMATELY 428 STUDENTS. OUR FACULTY CULTIVATES INTELLECTUAL CURIOSITY THROUGH A CHALLENGING COLLEGE PREPARATORY PROGRAM; OUR STUDENTS PURSUE A RIGOROUS LIBERAL ARTS CURRICULUM AND ENGAGE IN OPPORTUNITIES BEYOND THE CLASSROOM IN ARTS, ATHLETICS, AND SERVICE, ENSURING GROWTH IN MIND, BODY, AND SPIRIT. THE ACADEMY'S CLOSE-KNIT COMMUNITY INSTILLS INDIVIDUAL AND SOCIAL RESPONSIBILITY, WHILE PREPARING STUDENTS AS CITIZENS AND LEADERS IN AN INCREASINGLY INTERCONNECTED WORLD.
    Expenses $33,070,592 · grants $9,181,089 · revenue $29,659,904

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
34-0714390
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
1927
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B250)
Assets (IRS master file)
$231,853,556
Income (IRS master file)
$66,039,034

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$47,603,115$41,169,666$231,853,556IRS
990-TJune 2025–––IRS
990June 2024$49,803,235$40,999,185$225,622,263IRS
990-TJune 2024–––IRS
990June 2023$44,235,447$39,992,447$225,822,357XML
990-TJune 2023–––IRS
990June 2022$56,306,990$39,253,858$215,260,603IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 34-0714390).

Questions about WESTERN RESERVE ACADEMY

What is the EIN of WESTERN RESERVE ACADEMY?
The employer identification number (EIN) of WESTERN RESERVE ACADEMY is 34-0714390.
Is WESTERN RESERVE ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1927.
Are donations to WESTERN RESERVE ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESTERN RESERVE ACADEMY 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 WESTERN RESERVE ACADEMY 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 WESTERN RESERVE ACADEMY 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 WESTERN RESERVE ACADEMY?
The 990 for the year ended June 30, 2025 names SUZANNE E BUCK.
Who are the officers and directors of WESTERN RESERVE ACADEMY?
The 990 for the year ended June 30, 2025 lists 40 people; 12 received compensation from the organization, the highest $525,842 (SUZANNE E BUCK, HEAD OF SCHOOL).
How much revenue does WESTERN RESERVE ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $47,603,115, expenses of $41,169,666 and total assets of $231,853,556 at year end.

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