2024-07-15T17:43:22-05:00 2023-08-31 202253063 TANNER LLC 36 S STATE STREET SUITE 600 SALT LAKE CITY UT 84111 990 2022-09-01 510202349 WATERFORD INSTITUTE INC WATE 8015764900 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 TOM NESS CFO 8015764900 2024-07-15 1 TOM NESS XXX-XX-XXXX 0 MARC A METCALF P00170461 8015327444 2024-07-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 73532657 0 X N/A X 1976 UT PROVIDING ACADEMIC EQUITY FOR ALL LEARNERS THROUGH COMMUNITY, SCHOOL, AND HOME PROGRAMS. 9 7 448 0 0 0 9207396 18360495 49744696 53656488 34423 1493332 41673 22342 59028188 73532657 0 0 0 0 34749854 39263910 0 0 477370 22998744 21173917 57748598 60437827 1279590 13094830 68734767 72458924 55658477 46222101 13076290 26236823 X PROVIDING ACADEMIC EQUITY FOR ALL LEARNERS THROUGH COMMUNITY, SCHOOL, AND HOME PROGRAMS. 0 0 54470707 53678830 WATERFORD.ORG SEEKS TO BLEND THE BEST ASPECTS OF LEARNING SCIENCE, MENTORING RELATIONSHIPS, AND INNOVATIVE TECHNOLOGIES TO FORM COMMUNITY, SCHOOL, AND HOME PROGRAMS THAT DELIVER EXCELLENCE AND EQUITY FOR ALL LEARNERS. OUR COLLABORATIVE MODEL OF CHILD, FAMILY, AND EDUCATOR ENGAGEMENT DELIVERS SIGNIFICANT AND LASTING GAINS IN ACADEMIC ACHIEVEMENT. SCHOOL, LEGISLATIVE AND PHILANTHROPIC SPONSORS ENABLE WATERFORD UPSTART, OUR AT-HOME, KINDERGARTEN READINESS PROGRAM, TO PREPARE FOUR- AND FIVE-YEAR OLD CHILDREN FOR SCHOOL. SPONSORS CUSTOMIZE WATERFORD UPSTART BASED ON LOCAL NEEDS, CHOOSING FROM OUR ARRAY OF CAPABILITIES IN CURRICULUM & INSTRUCTION, EDUCATOR SERVICES, FAMILY SERVICES, ACCESSIBILITY, AND PROGRAM MANAGEMENT. THE INSTRUCTIONAL SOFTWARE AND OTHER DIGITAL COMPONENTS OF WATERFORD UPSTART CONTINUE INTO KINDERGARTEN AND GO THROUGH THIRD GRADE, AND THESE ARE AVAILABLE FOR SCHOOL PURCHASE AS WATERFORD READING ACADEMY - A COMPREHENSIVE, INDIVIDUALIZED AND ADAPTIVE PLATFORM THAT GUIDES STUDENTS WHILE "LEARNING TO READ AND "READING TO LEARN." 54470707 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 40 0 448 1 0 1 RO 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 UT NY X WATERFORD INSTITUTE - TOM NESS 8013492218 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 DAVID ANDREW MYERS CEO CHIEF EXECUTIVE OFFICER 40.00 X 414107 0 46077 EDWARD BENJAMIN HEUSTON EXECUTIVE DIRECTOR 40.00 X 337721 0 36512 WINDY ROSEMEYER DIRECTOR SCHOOL RELATIONS 40.00 X 335168 0 39578 JODI SOHRT DIRECTOR SCHOOL RELATIONS 40.00 X 317761 0 39578 SHERI BLACK VP OF SCHOOL RELATIONS 40.00 X 314886 0 34404 CLAUDIA MINER EXECUTIVE DIRECTOR & CO-FOUNDER OF UPSTART 40.00 X 271313 0 20844 CHRISTOPHER STEVENSON EXECUTIVE VICE PRESIDENT OF SCHOOL RELATIONS 40.00 X 260714 0 46078 DANIEL NEWBOLD SENIOR DIRECTOR OF SCHOOL RELATIONS 40.00 X 260299 0 31244 THOMAS NESS CHIEF FINANCIAL OFFICER 40.00 X 258325 0 39017 CLARK H BEAL INTERIM SVP SCHOOL RELATIONS 40.00 X 226484 0 35175 RICHARD STOMBRES SENIOR VICE PRESIDENT- GOVERNMENT RELATIONS 40.00 X 217674 0 29940 DONIQUE CHANEL NOBLES MUHAMMAD SENIOR VICE PRESIDENT OF OUTREACH 40.00 X 216427 0 10788 KATHY LANDON CHIEF OPERATING OFFICER 40.00 X 212930 0 19909 MICHAEL HIGHT CHIEF TECHNOLOGY OFFICER 40.00 X 209775 0 29832 LORI PUGH CHIEF PEOPLE OFFICER 40.00 X 205163 0 22217 BRECK NIELSEN DIRECTOR SCHOOL RELATIONS 40.00 X 204543 0 26746 LEAH DOZIER WALKER EVP, EQUITY AND INCLUSION 40.00 X 197978 0 29365 BRANDON SMITH DIRECTOR SCHOOL RELATIONS 40.00 X 192993 0 24806 SCOTT WOOD SVP OF TECHNOLOGY 40.00 X 186976 0 30657 ROB HAWKS DIRECTOR SCHOOL RELATIONS 40.00 X 175677 0 32018 ALLISON GUSHEE MOLKENTHIN BOARD CHAIR 5.00 X 0 0 0 JAMES HOLBROOK BOARD MEMBER 2.00 X 0 0 0 TODD CRANNEY BOARD MEMBER 2.00 X 0 0 0 WAYNE YSAGUIRRE BOARD MEMBER 2.00 X 0 0 0 ANN CHRISTENSEN BOARD MEMBER 2.00 X 0 0 0 STEPHANIE MONROE BOARD MEMBER 2.00 X 0 0 0 ERNEST BLACKWELL BOARD MEMBER 2.00 X 0 0 0 MATT GRIMES BOARD MEMBER 2.00 X 0 0 0 5016914 0 624785 33 1 1 0 EVALUATION AND TRAINING INSTITUTE 100 CORPORATE POINTE SUITE 387 CULVER CITY CA 90230 EVALUATION SERVICES 1067537 AMAZON WEB SERVICES INC PO BOX 84023 SEATTLE WA 98124 PROFESSIONAL CONSULTING SERVICES 930214 KIPI BI LLC 13357 CRESTMOOR DR FRISCO TX 75035 SOLUTION ARCHITECT CONSULTANTS 214794 THOMPSON COBURN LLP PO BOX 18379M ST LOUIS MO 63195 CONSULTANT 201600 SHANNAN SKIDMORE CONSULTING SERVICES LL 12113 E NEX PERCE LANE SPOKANE WA 99206 GRANT WRITER CONSULTANT 197065 9 18360495 18360495 GOVT AGENCY FEES 53656488 53656488 53656488 1493332 1493332 OTHER INCOME 22342 22342 22342 73532657 53678830 0 1493332 5016914 4519862 457288 39764 26855880 24195127 2447893 212860 5249833 4729705 478518 41610 2141283 1929135 195176 16972 53745 48420 4899 426 205133 184809 18698 1626 2886762 2886762 2274497 1902930 341842 29725 3468777 3125107 316176 27494 7103654 6399857 647493 56304 586650 528527 53473 4650 2501392 2253566 228000 19826 287834 259317 26236 2281 245364 221054 22365 1945 154365 139071 14070 1224 POSTAGE 520791 469193 47470 4128 PRINTING 244395 220182 22276 1937 CONTRACT SERVICES 241381 217466 22002 1913 OTHER 225981 84580 130089 11312 173196 156037 15786 1373 60437827 54470707 5489750 477370 25044790 33710918 8193711 892850 25682012 26518985 4102510 2263700 2126799 2163597 1995841 637996 146590 1357845 3438355 5551029 68734767 72458924 5463936 6728120 42469464 33908572 7725077 5585409 55658477 46222101 X 4882579 21007181 8193711 5229642 13076290 26236823 68734767 72458924 13094830 65703 0 X 0 1 X 1 1 1 X 33020068 50607260 58044668 58993765 72039325 272705086 33020068 50607260 58044668 58993765 72039325 272705086 10908025 261797061 360 93139 35933 34423 1493332 1657187 274362273 0.95420 0.99400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 0 0 1 1150000 1 0 0 1150000 0 PART II-B, LINE 1: THE WATERFORD INSTITUTE LOBBIES TO INFORM AND EDUCATE LEGISLATORS ON PROGRAMS AND PRACTICES THAT MAY ENHANCE THE EDUCATION OF STUDENTS. 1379431 144181 1235250 616410 493815 122595 1357845 X 73598360 65703 65703 73532657 0 73532657 60228141 2380719 2380719 57847422 2590405 2590405 60437827 PART X, LINE 2: MANAGEMENT OF WATERFORD BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS TAX RETURN. A LIABILITY FOR UNCERTAIN TAX POSITIONS INITIALLY NEEDS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROJECT UPSTART ACTIVITY REPORTED ON SEPARATE RETURN 2,380,719. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY EXPENSES INCURRED 2,590,405. EUROPE (INCLUDING ICELAND AND GREENLAND) (ROMANIA) 1 43 PROGRAM SERVICES SOFTWARE DEVELOPMENT AND TESTING FOR WATERFORD INSTITUTE, INC. 3104813 1 43 0 0 1 43 3104813 0 3104813 0 0 0 0 1 0 PART III ACCOUNTING METHOD: X X X X X 0 0 0 1 0 0 0 0 0 DAVID ANDREW MYERS CEO CHIEF EXECUTIVE OFFICER 376542 0 37565 0 0 0 27000 0 19077 0 460184 0 0 0 EDWARD BENJAMIN HEUSTON EXECUTIVE DIRECTOR 337572 0 149 0 0 0 17435 0 19077 0 374233 0 0 0 WINDY ROSEMEYER DIRECTOR SCHOOL RELATIONS 308007 0 27161 0 0 0 20500 0 19078 0 374746 0 0 0 JODI SOHRT DIRECTOR SCHOOL RELATIONS 223420 0 94341 0 0 0 20500 0 19078 0 357339 0 0 0 SHERI BLACK VP OF SCHOOL RELATIONS 239820 0 75066 0 0 0 20500 0 13904 0 349290 0 0 0 CLAUDIA MINER EXECUTIVE DIRECTOR & CO-FOUNDER OF U 271171 0 142 0 0 0 14377 0 6467 0 292157 0 0 0 CHRISTOPHER STEVENSON EXECUTIVE VICE PRESIDENT OF SCHOOL R 199553 0 61161 0 0 0 27000 0 19078 0 306792 0 0 0 DANIEL NEWBOLD SENIOR DIRECTOR OF SCHOOL RELATIONS 195626 0 64673 0 0 0 12166 0 19078 0 291543 0 0 0 THOMAS NESS CHIEF FINANCIAL OFFICER 258176 0 149 0 0 0 19940 0 19077 0 297342 0 0 0 CLARK H BEAL INTERIM SVP SCHOOL RELATIONS 127012 0 99472 0 0 0 20500 0 14675 0 261659 0 0 0 RICHARD STOMBRES SENIOR VICE PRESIDENT- GOVERNMENT RE 217523 0 151 0 0 0 10862 0 19078 0 247614 0 0 0 DONIQUE CHANEL NOBLES MUHAMMAD SENIOR VICE PRESIDENT OF OUTREACH 216357 0 70 0 0 0 10788 0 0 0 227215 0 0 0 KATHY LANDON CHIEF OPERATING OFFICER 212777 0 153 0 0 0 19909 0 0 0 232839 0 0 0 MICHAEL HIGHT CHIEF TECHNOLOGY OFFICER 209626 0 149 0 0 0 10754 0 19078 0 239607 0 0 0 LORI PUGH CHIEF PEOPLE OFFICER 205021 0 142 0 0 0 15750 0 6467 0 227380 0 0 0 BRECK NIELSEN DIRECTOR SCHOOL RELATIONS 170248 0 34295 0 0 0 8864 0 17882 0 231289 0 0 0 LEAH DOZIER WALKER EVP, EQUITY AND INCLUSION 197904 0 74 0 0 0 10287 0 19078 0 227343 0 0 0 BRANDON SMITH DIRECTOR SCHOOL RELATIONS 134804 0 58189 0 0 0 9703 0 15103 0 217799 0 0 0 SCOTT WOOD SVP OF TECHNOLOGY 186827 0 149 0 0 0 11579 0 19078 0 217633 0 0 0 ROB HAWKS DIRECTOR SCHOOL RELATIONS 141990 0 33687 0 0 0 18114 0 13904 0 207695 0 0 0 PART I, LINE 5 WATERFORD PROVIDES A VARIABLE COMPENSATION PROGRAM TO CERTAIN EMPLOYEES IN SCHOOL RELATIONS WHICH PROVIDES INCENTIVE COMMISSION PAYMENTS BASED ON SALES MADE TO SCHOOL DISTRICTS. WATERFORD PROVIDES A BONUS TO ALL EMPLOYEES THAT ARE NOT ELIGIBLE FOR A VARIABLE COMPENSATION PROGRAM. THIS BONUS IS PAID IF THE ORGANIZATION MEETS TOTAL ORGANIZATION GOALS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX FIRM ENGAGED BY THE WATERFORD INSTITUTE AND THE WATERFORD INSTITUTE FINANCE TEAM WORK TOGETHER TO GATHER THE INFORMATION NECESSARY TO COMPLETE THE FORM 990. THE TAX FIRM PREPARES AN INITIAL DRAFT FORM 990, WHICH IS REVIEWED BY MANAGEMENT AS WELL AS THE BOARD OF TRUSTEES. ANY RECOMMENDED CHANGES AND COMMENTS ARE CONSIDERED AND THE FORM 990 IS UPDATED WITH A FINAL COPY DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO THE FILING OF THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C WE REQUEST BOARD MEMBERS TO DISCLOSE ANY CONFLICTS AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 PERIODICALLY, AN INDEPENDENT COMPENSATION REVIEW TAKES PLACE FOR DAVID ANDREW MYERS AND BENJAMIN HEUSTON. THIS WAS LAST COMPLETED BY SULLIVANCOTTER FOR FISCAL YEAR END 8/31/2020. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. WATERFORD RESEARCH INSTITUTE LLC 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 SOFTWARE DEVELOPMENT UT -16858725 74563359 WATERFORD INSTITUTE INC WATERFORD RESEARCH SRL 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 SOFTWARE DEVELOPMENT RO -231770 947698 WATERFORD INSTITUTE INC WATERFORD HOLDINGS LLC 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 HOLDING COMPANY UT 0 0 WATERFORD INSTITUTE INC PROJECT UPSTART INC 4246 SOUTH RIVERBOAT ROAD TAYLORSVILLE UT 84123 842864795 LOBBYING UT 501(C)(4) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PROJECT UPSTART INC B 2590405 CASH PROJECT UPSTART INC R 131737 CASH