Is Allegro School Incorporated Legit?

Quick charity verification for Allegro School Incorporated (EIN: 222964290)

Verdict: Allegro School Incorporated appears trustworthy

85/100Mission Score
$13.7MRevenue
$8.6MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Allegro School Incorporated is a education nonprofit based in Cedar Knolls, New Jersey, with reported revenue of $13.7M and assets of $8.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. - Financial statements are readily available on public platforms, showing consistent reporting over several years. - The organization provides detailed breakdowns of expenses, allowing for clear understanding of program versus administrative costs. - No significant discrepancies or red flags were found in the financial disclosures. Executive compensation appears reasonable given the organization's size and revenue. For example, in 2022, total compensation for officers, directors, and key employees was $1,050,000, representing approximately 8.1% of total revenue, which is within acceptable industry benchmarks. Revenue has grown +13% across 13 filing periods.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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