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Filing year 2023

WATERFORD INSTITUTE INC

Taylorsville, Utah·EIN 51-0202349·NTEE U410 · Science & Technology·501(c)(3)
Total revenue
$46.2M
Total assets
$52.7M
Total expenses
$59.4M
Reported officers
25
Mission

WATERFORD PROVIDES PRE-K THROUGH 2ND-GRADE READING, MATH, AND SCIENCE PROGRAMS THAT CHILDREN CAN USE WHEREVER THEY LEARN. OUR PROGRAMS HELP CHILDREN REACH CRITICAL MILESTONES BY THE 3RD GRADE, LAYING THE FOUNDATION FOR THEIR FUTURE SUCCESS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

CEO Chief Executive Officer
Above 90th percentile
$628k
$687k
Base
$391k
Bonus
$199k
Other
Benefits
$7k
Director of School Relations
Highest Compensated Employee
75th to 90th percentile
$382k
$418k
Base
$269k
Bonus
$90k
Other
Benefits
Vice President of School Relations
Board Vice President
Median to 75th percentile
$376k
$412k
Base
$253k
Bonus
$92k
Other
Benefits
$9k
Executive Director
75th to 90th percentile
$373k
$409k
Base
$349k
Bonus
Other
Benefits
$7k
Chief Financial Officer
75th to 90th percentile
$309k
$338k
Base
$273k
Bonus
Other
Benefits
$7k
Executive Director & Co-founder of Upstart
Median to 75th percentile
$296k
$324k
Base
$271k
Bonus
Other
Benefits
$6k
Director of School Relations
Highest Compensated Employee
75th to 90th percentile
$282k
$309k
Base
$206k
Bonus
$69k
Other
Benefits
$7k
SVP School Relations
Senior Vice President
Median to 75th percentilevs all sectors nationwide
$282k
$308k
Base
$160k
Bonus
$92k
Other
Benefits
$7k
Chief of Advocacy and Community Engagement
Officer (Unspecified)
$256k
$280k
Base
$237k
Bonus
Other
Benefits
$8k
Chief Operating Officer
Median to 75th percentile
$247k
$270k
Base
$217k
Bonus
Other
Benefits
Director of School Relations
Highest Compensated Employee
Median to 75th percentile
$241k
$264k
Base
$189k
Bonus
$46k
Other
Benefits
$3k
Evp, Equity and Inclusion
Executive Vice President
Median to 75th percentilevs all sectors nationwide
$239k
$262k
Base
$217k
Bonus
Other
Benefits
$8k
Chief People Officer
Officer (Unspecified)
$235k
$257k
Base
$218k
Bonus
Other
Benefits
$4k
Chief Technology Officer
Officer (Unspecified)
$233k
$255k
Base
$217k
Bonus
Other
Benefits
$6k
Vice President, Marketing
Board Vice President
25th percentile to median
$221k
$242k
Base
$191k
Bonus
Other
Benefits
$8k
Executive VP & Chief Academic Officer
Median to 75th percentile
$214k
$234k
Base
$192k
Bonus
Other
Benefits
Evp, Program Success
Executive Vice President
Median to 75th percentilevs all sectors nationwide
$199k
$218k
Base
$186k
Bonus
Other
Benefits
$4k
Vp, IT & Security
Board Vice President
10th to 25th percentile
$184k
$202k
Base
$175k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WATERFORD INSTITUTE INC equaled 1% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
1%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 36%
from 2022

From $460k in 2022 to $628k in 2023.

$460k
2022
$628k
2023
In today's dollarsEst.
Up 31% in real terms$525k to $687k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 36% from 2022 to 2023, while revenue fell 37%.

$460k in 2022 to $628k in 2023.
  • Highest Compensated Employee pay rose 2% from 2022 to 2023.
  • Board Vice President pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

WATERFORD INSTITUTE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$73.5M
$60.4M
2022
$46.2M
$59.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Science & Technology executives earn

Comparable science & technology organizations nationwide pay their highest-earning executive a median of $127,487.

25th percentile
$50k
Median
$127,487
75th percentile
$250k
90th percentile
$501k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 1,079 organizations across 1,079 filings (2020 – 2024).

See full Science & Technology compensation data
FAQ

Common questions about WATERFORD INSTITUTE INC

What does the Chief Executive Officer of WATERFORD INSTITUTE INC earn?

In 2023, the Chief Executive Officer of WATERFORD INSTITUTE INC received $627,661 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Science & Technology organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WATERFORD INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at WATERFORD INSTITUTE INC falls in the top 10%. In 2023, the highest total compensation at WATERFORD INSTITUTE INC equaled 1% of the organization's total expenses. The median for science & technology organizations is 9%.

What are WATERFORD INSTITUTE INC's revenue and expenses?

In 2023, WATERFORD INSTITUTE INC reported $46.2M in total revenue and $59.4M in total expenses on its IRS Form 990.

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