Is New School Legit?

Quick charity verification for New School (EIN: 10547297)

Verdict: New School appears trustworthy

75/100Mission Score
$707KRevenue
$618KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

New School demonstrates a consistent operational history with 13 filings, indicating a stable presence. The organization has shown growth in revenue, increasing from $378,943 in 2014 to $631,394 in 2023. However, the latest filing (202306) shows expenses ($673,009) exceeding revenue ($631,394), resulting in a deficit for that period. This trend of expenses occasionally surpassing revenue is also visible in earlier years (e.g., 202106, 202006, 201606), suggesting a need for careful financial management to ensure long-term sustainability. The organization's assets have fluctuated but generally show an upward trend, reaching $685,763 in 2023, while liabilities have also increased, reaching $613,091 in the same period. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission, though it also raises questions about the sustainability of leadership without compensation.

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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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