American Friends Of The Attingham Summer School Inc

Is American Friends Of The Attingham Summer School Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Friends Of The Attingham Summer School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Friends Of The Attingham Summer School Inc

American Friends Of The Attingham Summer School Inc (EIN: 136141870) is a nonprofit organization based in New York, NY, classified under NTEE code Q112. The organization reported total revenue of $6.1M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of The Attingham Summer School Inc'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 American Friends Of The Attingham Summer School Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, American Friends Of The Attingham Summer School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly favorable for a nonprofit of its size, with assets exceeding $5 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.

Strengths

The following positive indicators were identified for American Friends Of The Attingham Summer School Inc:

• Consistent asset growth (from $2.8M in 2014 to $5.6M in 2023)
• Extremely low liabilities relative to assets (e.g., $19,780 liabilities vs. $5.6M assets in 2023)
• Zero officer compensation reported across all filings
• Positive net income in most recent years (e.g., $606,694 revenue vs. $467,328 expenses in 2023)
• Strong financial reserves and stability

Frequently Asked Questions about American Friends Of The Attingham Summer School Inc

Filing History

IRS 990 filing history for American Friends Of The Attingham Summer School Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Friends Of The Attingham Summer School Inc's revenue has grown by 73.7%, moving from $349K to $607K. Total assets increased by 190.7% over the same period, from $2.0M to $5.7M. Total functional expenses rose by 29.3%, from $361K to $467K. In its most recent filing year (2023), American Friends Of The Attingham Summer School Inc reported a surplus of $139K, with revenue exceeding expenses. The organization holds $20K in liabilities against $5.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $5.7M.

Year-by-Year Financial Summary

• 2023: Revenue of $607K, expenses of $467K, and assets of $5.7M (revenue +7.7% year-over-year).
• 2022: Revenue of $564K, expenses of $483K, and assets of $4.9M (revenue +2.3% year-over-year).
• 2021: Revenue of $551K, expenses of $155K, and assets of $5.8M (revenue -8.0% year-over-year).
• 2020: Revenue of $598K, expenses of $176K, and assets of $5.2M (revenue -20.2% year-over-year).
• 2019: Revenue of $750K, expenses of $445K, and assets of $4.4M (revenue +52.8% year-over-year).
• 2018: Revenue of $491K, expenses of $404K, and assets of $3.5M (revenue +16.4% year-over-year).
• 2017: Revenue of $422K, expenses of $371K, and assets of $3.7M (revenue -2.8% year-over-year).
• 2016: Revenue of $434K, expenses of $359K, and assets of $3.2M (revenue -28.3% year-over-year).
• 2015: Revenue of $605K, expenses of $398K, and assets of $3.0M (revenue +34.3% year-over-year).
• 2014: Revenue of $450K, expenses of $375K, and assets of $2.9M (revenue -42.8% year-over-year).
• 2013: Revenue of $788K, expenses of $369K, and assets of $2.7M (revenue +28.0% year-over-year).
• 2012: Revenue of $615K, expenses of $483K, and assets of $2.2M (revenue +76.1% year-over-year).
• 2011: Revenue of $349K, expenses of $361K, and assets of $2.0M.

Data Sources and Methodology

This transparency report for American Friends Of The Attingham Summer School 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.