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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Science & Technology Research Waterford Institute Inc.

Waterford Institute Inc.

Fiscal year ending 2024. Filed on July 15, 2025.

4246 South Riverboat Road 150
Taylorsville, Utah 84123

Waterford Institute Inc. (EIN: 51-0202349) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Waterford Institute Inc., a 501(c)(3) charitable organization, reported compensation for 18 out of 406 total employees. Among the employees shown here, the average compensation is $288,779. The highest compensated employee at Waterford Institute Inc. is David Myers with fiscal year 2024 compensation of $627,661.

Revenue, expenses, and employee compensation

Revenue

$46,196,729

Expenses

$59,361,779

Employee compensation

$39,390,997
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Myers
CEO Chief Executive Officer
$627,661
$590,536 No related comp$37,125
Jodi Sohrt
Director of School Relations
$381,508
$359,008 No related comp$22,500
Sheri Black
Vice President of School Relations
$376,425
$345,215 No related comp$31,210
Edward Heuston
Executive Director
$373,373
$348,787 No related comp$24,586
Thomas Ness
Chief Financial Officer
$309,203
$272,903 No related comp$36,300
Claudia Miner
Executive Director and Co-Founder of Upstart
$295,685
$270,967 No related comp$24,718
Daniel Newbold
Director of School Relations
$282,478
$275,278 No related comp$7,200
Clark Beal
Senior Vice President School Relations
$281,686
$252,436 No related comp$29,250
Rebecca Kelley
Chief of Advocacy and Community Engagement
$256,179
$236,633 No related comp$19,546
Kathy Landon
Chief Operating Officer
$246,691
$217,401 No related comp$29,290
Breck Nielsen
Director of School Relations
$240,840
$235,889 No related comp$4,951
Leah Walker
Executive Vice President, Equity and Inclusion
$239,493
$216,627 No related comp$22,866

Benchmark Employee Compensation

Non-Employee Board Members

Allison Gushee Molkenthin
Board Member
Ernest Blackwell
Board Chair
Jack Ryan
Board Member
James Holbrook
Board Member, Secretary, Treasurer
Matt Grimes
Board Member
Stephanie Monroe
Board Member
Wayne Ysaguirre
Board Member

Contractors

Evaluation and Training Institute
Evaluation
$703,475
Knowledge Leaders LLC
Contract Recruiter
$205,453
Tanner Lc
Professional
$108,831
Offor Walker Group LLC
Consulting
$100,200

Mission Statement

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.

Revisions to this organization profile

July 15, 2025:
2024 Waterford Institute Inc. 990 filed
July 15, 2024:
2023 Waterford Institute Inc. 990 filed
July 17, 2023:
2022 Waterford Institute Inc. 990 filed

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