Albrook School
Albrook School: Consistent Revenue, High Program Spending, but Limited Transparency
EIN: 222271831 · Basking Ridge, NJ · NTEE: B200 · Updated: 2026-04-04
Is Albrook School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albrook School directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albrook School
Albrook School (EIN: 222271831) is a nonprofit organization based in Basking Ridge, NJ, classified under NTEE code B200. The organization reported total revenue of $4.0M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albrook School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albrook School with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Albrook School allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, making a direct assessment of specific dollar amounts impossible without further investigation into the full 990 forms.
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 Albrook School's IRS 990 filings:
- Lack of detailed program spending breakdown beyond general categories.
- Limited public information regarding specific executive compensation figures.
Strengths
The following positive indicators were identified for Albrook School:
- Consistent revenue generation over the past several years, indicating stable operations.
- High percentage of expenses allocated to programs (88% in 2023), suggesting a strong focus on its mission.
- Healthy asset base of $8,324,376 in 2023, providing financial stability.
Frequently Asked Questions about Albrook School
Is Albrook School a legitimate charity?
Based on AI analysis of IRS 990 filings, Albrook School (EIN: 222271831) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Albrook School spend its money?
Albrook School directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albrook School tax-deductible?
Albrook School is registered as a tax-exempt nonprofit (EIN: 222271831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Albrook School do?
Albrook School is a nonprofit organization in the Education sector, located in Basking Ridge, New Jersey. It is classified under NTEE code B200.
How much revenue does Albrook School have?
Albrook School reported total revenue of $4,045,160. Based on 13 IRS 990 filings on record.
What are Albrook School's total assets?
Albrook School holds total assets of $8,324,376 as reported in IRS 990 filings.
Where is Albrook School located?
Albrook School is based in Basking Ridge, New Jersey.
What is Albrook School's EIN?
Albrook School's Employer Identification Number (EIN) is 222271831. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Albrook School?
Albrook School is classified under NTEE code B200 (Education).
Is Albrook School a registered 501(c)(3)?
Yes, Albrook School is recognized as a tax-exempt organization by the IRS. EIN: 222271831.
Does Albrook School file IRS Form 990?
Yes, Albrook School has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Albrook School's revenue in 2023?
In the 202306 filing period, Albrook School reported total revenue of $3,615,730, total expenses of $3,218,650, and net assets of $7,463,492.
Is Albrook School's revenue growing or declining?
Albrook School's revenue is growing. Revenue went from $3,341,763 (202206) to $3,615,730 (202306), a +8.2% change. Based on 13 filings on record.
What is Albrook School's most recent 990 filing?
The most recent IRS Form 990 filing for Albrook School covers tax period 202306. It shows revenue of $3,615,730, expenses of $3,218,650, total assets of $7,463,492, and liabilities of $713,506.
How much does Albrook School spend on programs vs administration?
Based on IRS 990 analysis, Albrook School allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Albrook School a trustworthy charity?
Based on AI analysis of IRS 990 data, Albrook School appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Albrook School?
The following concerns were identified: Lack of detailed program spending breakdown beyond general categories.. Limited public information regarding specific executive compensation figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Albrook School's strengths?
Positive indicators for Albrook School include: Consistent revenue generation over the past several years, indicating stable operations.. High percentage of expenses allocated to programs (88% in 2023), suggesting a strong focus on its mission.. Healthy asset base of $8,324,376 in 2023, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Albrook School compensate executives?
Executive compensation details are not explicitly provided in the summary data, making a direct assessment of specific dollar amounts impossible without further investigation into the full 990 forms. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Albrook School ensure its program spending directly translates into measurable educational outcomes for its students?
While 88% of expenses are allocated to programs, the available data does not detail specific program metrics or impact assessments, making it difficult to ascertain the direct correlation between spending and educational outcomes.
What strategies does Albrook School employ to maintain consistent revenue streams despite economic fluctuations?
The consistent revenue figures (e.g., $3,615,730 in 2023, $3,341,763 in 2022) suggest effective fundraising and enrollment management, but the specific strategies are not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Albrook School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Albrook School's revenue has grown by 21.5%, moving from $3.0M to $3.6M. Total assets decreased by 15.9% over the same period, from $8.9M to $7.5M. Total functional expenses rose by 11%, from $2.9M to $3.2M. In its most recent filing year (2023), Albrook School reported a surplus of $397K, with revenue exceeding expenses. The organization holds $714K in liabilities against $7.5M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.2M | $7.5M | $714K | — | View 990 |
| 2022 | $3.3M | $3.1M | $6.9M | $596K | — | View 990 |
| 2021 | $2.7M | $2.5M | $7.0M | $588K | — | View 990 |
| 2020 | $2.6M | $3.0M | $7.0M | $931K | — | View 990 |
| 2019 | $3.1M | $3.3M | $7.1M | $634K | — | View 990 |
| 2018 | $3.0M | $3.2M | $7.1M | $578K | — | View 990 |
| 2017 | $3.2M | $3.3M | $7.4M | $587K | — | View 990 |
| 2016 | $3.0M | $3.1M | $7.6M | $518K | — | View 990 |
| 2015 | $3.0M | $3.0M | $7.6M | $499K | — | View 990 |
| 2014 | $2.8M | $2.9M | $7.7M | $470K | — | View 990 |
| 2013 | $3.0M | $3.0M | $8.3M | $1.1M | — | View 990 |
| 2012 | $3.0M | $3.2M | $8.6M | $1.3M | — | View 990 |
| 2011 | $3.0M | $2.9M | $8.9M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.2M, and assets of $7.5M (revenue +8.2% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.1M, and assets of $6.9M (revenue +23.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.5M, and assets of $7.0M (revenue +2.1% year-over-year).
- 2020: Revenue of $2.6M, expenses of $3.0M, and assets of $7.0M (revenue -13.5% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.3M, and assets of $7.1M (revenue +1.0% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $7.1M (revenue -4.5% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.3M, and assets of $7.4M (revenue +5.9% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.1M, and assets of $7.6M (revenue +1.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $7.6M (revenue +5.1% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.9M, and assets of $7.7M (revenue -5.3% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.0M, and assets of $8.3M (revenue -2.5% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.2M, and assets of $8.6M (revenue +2.1% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $8.9M.
Data Sources and Methodology
This transparency report for Albrook School 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.