B — EducationEIN: 060646961

Westover School INC

Middlebury, Connecticut

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.22×
Peer Median9.48×
💰
$20.6M
Total Revenue
📊
$19.8M
Total Expenses
🏦
$83.4M
Net Assets
📋
$21.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.22
Net assets divided by total expenses
Liabilities-to-Assets
20.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,597,964↑10%$19,782,873↓3%$104,957,732↓1%
2022$18,716,237↑26%$20,448,596↑20%$106,285,519↓7%
2021$14,889,393↓4%$16,972,667↑1%$114,183,779↑11%
2020$15,454,122↓3%$16,801,721↓4%$102,874,209↓2%
2019$15,957,811↓10%$17,420,619↑8%$105,054,800↓2%
2018$17,665,910↑26%$16,099,194↓2%$106,985,914
2017$14,053,024↓8%$16,481,671↑1%$106,831,434↑25%
2016$15,235,669↓29%$16,341,215↑6%$85,521,295↓6%
2015$21,337,389↑10%$15,388,876↑6%$90,889,926↓1%
2014$19,390,416↑19%$14,560,249↑9%$92,060,982↑9%
2013$16,230,461↓1%$13,417,036↓4%$84,373,102↑6%
2012$16,376,253↓2%$14,041,431↑7%$79,584,921
2011$16,708,986$13,152,085$79,226,444

Frequently Asked Questions

What does Westover School INC do?▼

Westover School INC is a education nonprofit organization based in Connecticut. It is classified under NTEE code B250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Westover School INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Westover School INC has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Westover School INC generate?▼

Westover School INC reports $17.9M in annual revenue and holds $106.4M in total assets, based on IRS filings.

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