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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 2023. Filed on July 15, 2024.

4246 South Riverboat Road
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 2023 IRS Form 990 filing, Waterford Institute Inc., a 501(c)(3) charitable organization, reported compensation for 20 out of 448 total employees. Among the employees shown here, the average compensation is $282,085. The highest compensated employee at Waterford Institute Inc. is David Andrew Myers with fiscal year 2023 compensation of $460,184.

Revenue, expenses, and employee compensation

Revenue

$73,532,657

Expenses

$60,437,827

Employee compensation

$39,263,910
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Andrew Myers
CEO Chief Executive Officer
$460,184
$414,107 No related comp$46,077
Windy Rosemeyer
Director School Relations
$374,746
$335,168 No related comp$39,578
Edward Benjamin Heuston
Executive Director
$374,233
$337,721 No related comp$36,512
Jodi Sohrt
Director School Relations
$357,339
$317,761 No related comp$39,578
Sheri Black
Vice President of School Relations
$349,290
$314,886 No related comp$34,404
Christopher Stevenson
Executive Vice President of School Relations
$306,792
$260,714 No related comp$46,078
Thomas Ness
Chief Financial Officer
$297,342
$258,325 No related comp$39,017
Claudia Miner
Executive Director and Co-Founder of Upstart
$292,157
$271,313 No related comp$20,844
Daniel Newbold
Senior Director of School Relations
$291,543
$260,299 No related comp$31,244
Clark H Beal
Interim Senior Vice President School Relations
$261,659
$226,484 No related comp$35,175
Richard Stombres
Senior Vice President Government Relations
$247,614
$217,674 No related comp$29,940
Michael Hight
Chief Technology Officer
$239,607
$209,775 No related comp$29,832

Benchmark Employee Compensation

Non-Employee Board Members

Allison Gushee Molkenthin
Board Chair
Ann Christensen
Board Member
Ernest Blackwell
Board Member
James Holbrook
Board Member
Matt Grimes
Board Member
Stephanie Monroe
Board Member
Todd Cranney
Board Member
Wayne Ysaguirre
Board Member

Contractors

Evaluation and Training Institute
Evaluation
$1,067,537
Amazon Web Services LLC
Professional Consulting
$930,214
Kipi Bi LLC
Solution Architect Consultants
$214,794
Thompson Coburn LLP
Consultant
$201,600
Shannan Skidmore Consulting Services Ll
Grant Writer Consultant
$197,065

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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