Steady growth in assets, reaching $20,776,474 in 2023.
Long history of IRS 990 filings (13 filings), indicating transparency in reporting.
Spending Breakdown
How Chatham Day School Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Chatham Day School Inc
Is Chatham Day School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chatham Day School Inc (EIN: 137100017) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Chatham Day School Inc a good charity to donate to?
Chatham Day School Inc has a Mission Score of 85/100. Revenue: $8.5M. Assets: $22.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chatham Day School Inc?
The Employer Identification Number (EIN) for Chatham Day School Inc is 137100017. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Chatham Day School Inc spend its money?
Chatham Day School Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chatham Day School Inc's tax-exempt status?
You can verify Chatham Day School Inc's tax-exempt status using EIN 137100017 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Chatham Day School Inc. demonstrates a stable financial position with consistent revenue growth over the past few years, reaching $7,087,767 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues exceeded expenses by over $600,000. This indicates sound financial management and an ability to cover operational costs. The school's assets have also shown steady growth, reaching $20,776,474 in 2023, suggesting a healthy balance sheet. However, the liabilities are also substantial, at $10,221,936 in 2023, which warrants closer examination to understand their nature and repayment schedule.
Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation of funds. However, the consistent operational surplus suggests that the organization is not overspending relative to its income. The reported 0% officer compensation across all filings is a significant indicator of transparency and potentially efficient use of funds, as it suggests that the highest-ranking individuals are not drawing salaries directly from the organization's reported compensation, or their compensation is reported differently. This practice, if accurate, could free up more resources for the school's educational mission.
Overall, Chatham Day School appears to be in a financially healthy state with a positive trend in revenue and assets. The lack of reported officer compensation is a notable point for transparency. A more granular breakdown of expenses would further enhance the understanding of their spending efficiency and program focus.