25 School Street Inc
25 School Street Inc. consistently operates at a deficit with declining assets and high liabilities.
EIN: 200747495 · Boston, MA · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $747K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $-2,708,542 |
| Transparency Score | 45/100 |
Is 25 School Street Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
25 School Street Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About 25 School Street Inc
25 School Street Inc (EIN: 200747495) is a nonprofit organization based in Boston, MA, classified under NTEE code L22. The organization reported total revenue of $536K and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 25 School Street Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
25 School Street Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $548K |
| Total Expenses | $747K |
| Surplus / Deficit | $-198,402 |
| Total Assets | $6.2M |
| Total Liabilities | $8.9M |
| Net Assets | $-2,708,542 |
| Operating Margin | -36.2% |
| Debt-to-Asset Ratio | 143.5% |
| Months of Reserves | 100.1 months |
Financial Health Grade: C
In 2023, 25 School Street Inc reported a deficit of $198K with expenses exceeding revenue, holds 100.1 months of operating reserves (strong position), has a debt-to-asset ratio of 143.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), 25 School Street Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +1.9% | -1.4% |
| 2022 | -0.9% | -2.4% | -3.6% |
| 2021 | -1.7% | +3.6% | -3.4% |
| 2020 | +6.7% | -2.0% | -3.1% |
| 2019 | -2.7% | +7.0% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 25 School Street Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, 25 School Street Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $198K, with expenses exceeding revenue.
- Debt-to-asset ratio: 143.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with assets exceeding $6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 25 School Street Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceed revenue in all reported periods)
- Declining asset base over time (from $8.1M in 2014 to $6.2M in 2023)
- Liabilities consistently exceed assets, indicating a negative net asset position
- Unusually high liabilities relative to revenue and assets
- 0% officer compensation for an organization with over $6M in assets, which could indicate reliance on unpaid staff or other arrangements not fully transparent.
Strengths
The following positive indicators were identified for 25 School Street Inc:
- Consistent and timely IRS 990 filings, demonstrating transparency
- Reported 0% officer compensation, suggesting a commitment to minimizing executive overhead
- Long operational history with 13 filings available
Frequently Asked Questions about 25 School Street Inc
Is 25 School Street Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 25 School Street Inc (EIN: 200747495) significant concerns. Mission Score: 45/100. 5 red flags identified, 3 strengths noted.
How does 25 School Street Inc spend its money?
25 School Street Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 25 School Street Inc tax-deductible?
25 School Street Inc is registered as a tax-exempt nonprofit (EIN: 200747495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 25 School Street Inc CEO make?
25 School Street Inc's highest-compensated officer earns $6 annually. The organization reported $536K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 25 School Street Inc's spending goes to programs?
25 School Street Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does 25 School Street Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), 25 School Street Inc is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 25 School Street Inc located?
25 School Street Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 200747495. It is classified under NTEE code L22.
How many years of IRS 990 filings does 25 School Street Inc have?
25 School Street Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $536K in total revenue.
Is 25 School Street Inc. financially sustainable?
Based on the consistent operating deficits (e.g., $746,793 expenses vs. $548,391 revenue in 2023) and declining assets, the organization's current financial model appears unsustainable in the long term without significant changes to revenue generation or expense management.
Why are liabilities consistently higher than assets?
The organization's liabilities have consistently exceeded its assets (e.g., $8,939,668 liabilities vs. $6,231,126 assets in 2023), which indicates a significant debt burden and a negative net asset position, raising concerns about its solvency.
What is the nature of the organization's expenses given 0% officer compensation?
While officer compensation is 0%, the organization still incurs substantial expenses (e.g., $746,793 in 2023). A deeper dive into the 990 would be needed to understand the breakdown of these expenses, particularly between program, administrative, and fundraising costs, to assess overall spending efficiency.
Filing History
IRS 990 filing history for 25 School Street Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 25 School Street Inc's revenue has grown by 39.1%, moving from $394K to $548K. Total assets decreased by 28.7% over the same period, from $8.7M to $6.2M. Total functional expenses rose by 12%, from $667K to $747K. In its most recent filing year (2023), 25 School Street Inc reported a deficit of $198K, with expenses exceeding revenue. The organization holds $8.9M in liabilities against $6.2M in assets (debt-to-asset ratio: 143.5%), resulting in net assets of $-2,708,542.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $548K | $747K | $6.2M | $8.9M | — | — |
| 2022 | $480K | $733K | $6.3M | $8.8M | — | View 990 |
| 2021 | $484K | $751K | $6.6M | $8.8M | — | View 990 |
| 2020 | $492K | $725K | $6.8M | $8.8M | — | View 990 |
| 2019 | $461K | $740K | $7.0M | $8.8M | — | View 990 |
| 2018 | $474K | $692K | $7.3M | $8.8M | — | View 990 |
| 2017 | $691K | $723K | $7.5M | $8.7M | — | View 990 |
| 2016 | $443K | $905K | $7.7M | $9.0M | — | View 990 |
| 2015 | $437K | $690K | $7.9M | $8.7M | — | View 990 |
| 2014 | $524K | $660K | $8.2M | $8.7M | — | View 990 |
| 2013 | $438K | $626K | $8.3M | $8.7M | — | View 990 |
| 2012 | $414K | $649K | $8.5M | $8.7M | — | View 990 |
| 2011 | $394K | $667K | $8.7M | $8.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $548K, expenses of $747K, and assets of $6.2M (revenue +14.4% year-over-year).
- 2022: Revenue of $480K, expenses of $733K, and assets of $6.3M (revenue -0.9% year-over-year).
- 2021: Revenue of $484K, expenses of $751K, and assets of $6.6M (revenue -1.7% year-over-year).
- 2020: Revenue of $492K, expenses of $725K, and assets of $6.8M (revenue +6.7% year-over-year).
- 2019: Revenue of $461K, expenses of $740K, and assets of $7.0M (revenue -2.7% year-over-year).
- 2018: Revenue of $474K, expenses of $692K, and assets of $7.3M (revenue -31.4% year-over-year).
- 2017: Revenue of $691K, expenses of $723K, and assets of $7.5M (revenue +56.0% year-over-year).
- 2016: Revenue of $443K, expenses of $905K, and assets of $7.7M (revenue +1.5% year-over-year).
- 2015: Revenue of $437K, expenses of $690K, and assets of $7.9M (revenue -16.7% year-over-year).
- 2014: Revenue of $524K, expenses of $660K, and assets of $8.2M (revenue +19.7% year-over-year).
- 2013: Revenue of $438K, expenses of $626K, and assets of $8.3M (revenue +5.9% year-over-year).
- 2012: Revenue of $414K, expenses of $649K, and assets of $8.5M (revenue +4.9% year-over-year).
- 2011: Revenue of $394K, expenses of $667K, and assets of $8.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 25 School Street Inc:
Data Sources and Methodology
This transparency report for 25 School Street Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.