Is Harvey School Legit?

Quick charity verification for Harvey School (EIN: 131740454)

Verdict: Harvey School appears trustworthy

85/100Mission Score
$24.0MRevenue
$33.2MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Harvey School demonstrates consistent financial growth and stability over the past decade, with revenue increasing from $13.9 million in 2014 to over $21.7 million in 2023. The organization consistently operates with a surplus, as evidenced by its revenues generally exceeding expenses, such as in 2023 where revenue was $21,791,272 against expenses of $21,496,838. This indicates sound financial management and an ability to cover operational costs. The school's assets have also steadily grown, reaching $32,452,273 in 2023, suggesting a healthy balance sheet and capacity for future investment in its mission. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational surpluses and asset growth imply efficient resource allocation. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, suggesting that top leadership may be compensated through other means or that the organization has a unique compensation structure. Further detailed analysis of the full 990 forms would be necessary to fully assess spending efficiency and the specifics of executive compensation. Overall, The Harvey School appears to be a financially healthy and well-managed institution. Its consistent growth in revenue and assets, coupled with a history of operating surpluses, points to a sustainable financial model. The lack of reported officer compensation in the provided data could be interpreted as a positive for transparency regarding direct executive salaries, though a deeper dive into the full filings would clarify the complete compensation picture.

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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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