Quick charity verification for Millbrook School (EIN: 141413770)
Verdict: Millbrook School appears trustworthy
85/100Mission Score
$50.4MRevenue
$172.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported on 990s, which may obscure actual executive remuneration or indicate an unusual compensation structure.
Strengths
Consistent operational surpluses, indicating sound financial management (e.g., $33.3M revenue vs. $33.0M expenses in 2023).
Significant and steady growth in assets, from $104M in 2014 to $171M currently, demonstrating long-term financial stability.
Revenue growth from approximately $28M in 2014 to over $50M currently, showing increasing capacity and support.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $34.4M liabilities vs. $166M assets in 2023).
AI Transparency Report
Millbrook School demonstrates a strong and consistent financial position, with assets growing significantly from $104 million in 2014 to over $171 million currently. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses across all reported periods, such as $33.3 million in revenue against $33.0 million in expenses in 2023. This indicates sound financial management and sustainability. The NTEE code B250 (Secondary & Elementary Schools) aligns with their mission, and the consistent growth in assets suggests effective stewardship of resources. The absence of reported officer compensation across all filings is a notable point regarding transparency, though it warrants further investigation to understand how leadership is compensated, if at all, or if this indicates a specific organizational structure.