WILLIAMS MEMORIAL INSTITUTE Charity Report

Public IRS 990 nonprofit record

WILLIAMS MEMORIAL INSTITUTE

EIN 06-0646964 · Education (B250)

What they do

to FOSTER THE INTELLECTUAL, MORAL, CREATIVE, and PHYSICAL DEVELOPMENT of STUDENTS IN PREPARATION for COLLEGE, LIFELONG LEARNING, and ACTIVE PARTICIPATION IN AN EVOLVING WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.63%of revenue went to mission work79.6% of expenses · Program services

2.86%of revenue went to fundraising2.9% of expenses

$100.01spent for every $100 of revenueSpending was higher than revenue this year.

17.52%of revenue went to management and office costs17.5% of expenses

$3.42in assets for every $1 spent this yearSome assets cannot be spent right away.

9.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,175 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $432,639 for MARK FADER (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,952,878

Mission workProgram services$7,129,61279.63% of revenue79.6% of expenses

ManagementOffice and general costs$1,568,16217.52% of revenue17.5% of expenses

FundraisingAsking for donations$256,2792.86% of revenue2.9% of expenses

Total expenses$8,954,053100.01% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.6% mission · 17.5% management · 2.9% fundraisingTotal expenses: 100.01% of revenue

2023Expense mix: 80.0% mission · 17.9% management · 2.2% fundraisingTotal expenses: 96.90% of revenue

2022Expense mix: 80.9% mission · 16.9% management · 2.2% fundraisingTotal expenses: 106.91% of revenue

2021Expense mix: 80.9% mission · 16.6% management · 2.5% fundraisingTotal expenses: 106.22% of revenue

2020Expense mix: 81.3% mission · 16.2% management · 2.5% fundraisingTotal expenses: 57.88% of revenue

2019Expense mix: 81.9% mission · 15.5% management · 2.6% fundraisingTotal expenses: 88.77% of revenue

2018Expense mix: 82.6% mission · 15.2% management · 2.3% fundraisingTotal expenses: 95.23% of revenue

2017Expense mix: 81.2% mission · 14.9% management · 3.9% fundraisingTotal expenses: 93.08% of revenue

Money in and money out

Revenue$8,952,878

Expenses$8,954,053

Annual shortfall $1,175 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,129,612 · 79.6% of expenses

Management and office costs$1,568,162 · 17.5% of expenses

Fundraising$256,279 · 2.9% of expenses

See all reported dollar amounts

Revenue$8,952,878

Expenses$8,954,053

Assets$30,612,215

Income$8,992,441

Contributions$861,359

Mission work (program services)$7,129,612

Fundraising$256,279

Management and general$1,568,162

Stocks and bonds$17,679,913

Accounting fees$39,223

Investing fees$47,586

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK FADERHEAD OF SCHOOL · 40 hrs/week $432,639Base $348,287 · Other $84,352

SHARON GAUDREAUASST. HEAD OF SCHOOL FOR ENROLLMENT · 40 hrs/week $161,744Base $130,617 · Other $31,127

JANE HANNONASST. HEAD OF SCHOOL FOR TEACHING/LEARNING · 40 hrs/week $155,483Base $123,890 · Other $31,593

MICHAEL ALAN LAWTONDIRECTOR OF FACILITES · 40 hrs/week $151,241Base $124,656 · Other $26,585

DANA CLARKDIRECTOR OF COLLEGE COUNSELING · 40 hrs/week $112,163Base $102,425 · Other $9,738

FREDA GIMPELCHIEF FINANCIAL OFFICER · 32 hrs/week $85,761Base $77,965 · Other $7,796

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

MARK FADERHEAD OF SCHOOL

SHARON GAUDREAUASST. HEAD OF SCHOOL FOR ENROLLMENT

JANE HANNONASST. HEAD OF SCHOOL FOR TEACHING/LEARNING

MICHAEL ALAN LAWTONDIRECTOR OF FACILITES

DANA CLARKDIRECTOR OF COLLEGE COUNSELING

FREDA GIMPELCHIEF FINANCIAL OFFICER

MATT GARDZINATRUSTEE AS OF 1/25

JON MARSTONTRUSTEE

KATIE GINGRASTRUSTEE

KELLY SIMPSON-ANGELINITRUSTEE

MARY ELLEN JUKOSKITRUSTEE

TYLER POTTSTRUSTEE

PATRICIA LUXTONSECRETARY

ROBERT KAPLANVICE PRESIDENT

RODNEY BUTLERTRUSTEE

RUSSELL LEARNEDTRUSTEE UNTIL 2/25

SUSAN DOWLINGTRUSTEE

ADAM MILNETRUSTEE

JOE DELAURENTISTRUSTEE

JARED KLEETREASURER

HUNTER TURATRUSTEE

ERIC SABETTATRUSTEE

DWAYNE XENELISPRESIDENT

COLLEEN REARDON SHAYTRUSTEE

CLINT REIDTRUSTEE

BRUCE HARVEYTRUSTEE

BRUCE GOLDSTEINTRUSTEE

BRIAN BONNERTRUSTEE

BEN NEWTONTRUSTEE

ASIM EJAZTRUSTEE

ANDREW MCKILLOPTRUSTEE

AMY VAN DER VELDETRUSTEE

AMY DOOLINGTRUSTEE UNTIL 1/25

About this charity

Recognized since: January 1945
Location: 182 MOHEGAN AVENUE, NEW LONDON, CT 06320
County: New London
In care of: MARK FADER
Primary officer: MARK FADER, HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Phone(860) 443-5333

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN
NTEE classification: Education (B250)