Calhoun School Inc
Calhoun School Inc. reports consistent revenue surpluses and asset growth, with no officer compensation declared on 990s.
EIN: 131623919 · New York, NY · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41.9M |
| Total Expenses | $42.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $36.5M |
| Transparency Score | 85/100 |
Is Calhoun School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Calhoun School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Calhoun School Inc
Calhoun School Inc (EIN: 131623919) is a nonprofit organization based in New York, NY, classified under NTEE code B24Z. The organization reported total revenue of $41.9M and total assets of $76.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calhoun School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Calhoun School Inc is a large nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50.9M |
| Total Expenses | $42.7M |
| Surplus / Deficit | +$8.2M |
| Total Assets | $80.2M |
| Total Liabilities | $43.6M |
| Net Assets | $36.5M |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 54.4% |
| Months of Reserves | 22.6 months |
Financial Health Grade: A
In 2023, Calhoun School Inc reported a surplus of $8.2M with revenue exceeding expenses, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 54.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Calhoun School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.6% | +5.3% | +29.5% |
| 2022 | -4.5% | -0.3% | -7.0% |
| 2021 | +4.6% | +7.7% | -3.6% |
| 2020 | -2.1% | +0.4% | +0.5% |
| 2019 | -0.5% | +2.5% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1941 |
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 Calhoun School Inc with a Mission Score of 85 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, Calhoun 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $40 million. This suggests that executive leadership may be compensated through other mechanisms not captured under 'officer compensation' or that the organization relies on volunteer leadership, which would be a significant strength in terms of resource allocation.
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 Calhoun School Inc's IRS 990 filings:
- Unexplained 0% officer compensation for a large organization
- Significant liabilities that warrant further investigation into their nature and repayment terms
Strengths
The following positive indicators were identified for Calhoun School Inc:
- Consistent revenue surpluses, particularly in 2023 ($50,891,241 revenue vs. $42,651,379 expenses)
- Strong asset growth, increasing from $61,917,604 in 2022 to $80,165,719 in 2023
- Revenues consistently cover expenses over the past decade, indicating financial stability
- Healthy financial reserves with assets significantly exceeding liabilities
Frequently Asked Questions about Calhoun School Inc
Is Calhoun School Inc a legitimate charity?
Calhoun School Inc (EIN: 131623919) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $41.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Calhoun School Inc spend its money?
Calhoun School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Calhoun School Inc tax-deductible?
Calhoun School Inc is registered as a tax-exempt nonprofit (EIN: 131623919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Calhoun School Inc CEO make?
Calhoun School Inc's highest-compensated officer earns $40 annually. The organization reported $41.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Calhoun School Inc's spending goes to programs?
Calhoun School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Calhoun School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Calhoun School Inc is above average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Calhoun School Inc located?
Calhoun School Inc is headquartered in New York, New York and files with the IRS under EIN 131623919. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Calhoun School Inc have?
Calhoun School 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 $41.9M in total revenue.
How does Calhoun School Inc. compensate its executive leadership if 0% officer compensation is reported?
The consistent reporting of 0% officer compensation across all available 990 filings for an organization of this size ($40M+ revenue) is highly unusual. This suggests that executive compensation might be categorized differently (e.g., as general salaries, or through a related entity) or that the organization is primarily led by volunteers, which would be a significant operational model.
What is the primary driver of the significant increase in assets from $61,917,604 in 2022 to $80,165,719 in 2023?
The substantial increase in assets by over $18 million in a single year (2022-2023) could be due to a significant capital campaign, investment gains, or a large one-time donation. Further detail from the full 990 would be needed to pinpoint the exact cause.
What is the organization's long-term strategy for managing its liabilities, which were $43,634,252 in 2023?
While assets comfortably cover liabilities, the consistent presence of significant liabilities (e.g., $43,634,252 in 2023) suggests long-term debt or other obligations. Understanding the nature of these liabilities (e.g., mortgages, bonds) and the repayment strategy is important for assessing long-term financial health.
Filing History
IRS 990 filing history for Calhoun School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Calhoun School Inc's revenue has grown by 73.8%, moving from $29.3M to $50.9M. Total assets increased by 40.7% over the same period, from $57.0M to $80.2M. Total functional expenses rose by 56.4%, from $27.3M to $42.7M. In its most recent filing year (2023), Calhoun School Inc reported a surplus of $8.2M, with revenue exceeding expenses. The organization holds $43.6M in liabilities against $80.2M in assets (debt-to-asset ratio: 54.4%), resulting in net assets of $36.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50.9M | $42.7M | $80.2M | $43.6M | — | View 990 |
| 2022 | $37.8M | $40.5M | $61.9M | $40.3M | — | View 990 |
| 2021 | $39.6M | $40.6M | $66.6M | $39.3M | — | View 990 |
| 2020 | $37.8M | $37.7M | $69.1M | $43.8M | — | View 990 |
| 2019 | $38.6M | $37.6M | $68.8M | $43.4M | — | View 990 |
| 2018 | $38.8M | $36.7M | $69.0M | $44.7M | — | View 990 |
| 2017 | $42.5M | $37.7M | $67.2M | $44.5M | — | View 990 |
| 2016 | $38.5M | $37.1M | $68.5M | $50.9M | — | View 990 |
| 2015 | $37.4M | $38.6M | $69.4M | $52.7M | — | View 990 |
| 2014 | $38.1M | $36.2M | $92.7M | $74.6M | — | View 990 |
| 2013 | $33.6M | $32.2M | $60.8M | $44.6M | — | View 990 |
| 2012 | $31.5M | $29.3M | $59.5M | $44.9M | — | View 990 |
| 2011 | $29.3M | $27.3M | $57.0M | $44.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50.9M, expenses of $42.7M, and assets of $80.2M (revenue +34.6% year-over-year).
- 2022: Revenue of $37.8M, expenses of $40.5M, and assets of $61.9M (revenue -4.5% year-over-year).
- 2021: Revenue of $39.6M, expenses of $40.6M, and assets of $66.6M (revenue +4.6% year-over-year).
- 2020: Revenue of $37.8M, expenses of $37.7M, and assets of $69.1M (revenue -2.1% year-over-year).
- 2019: Revenue of $38.6M, expenses of $37.6M, and assets of $68.8M (revenue -0.5% year-over-year).
- 2018: Revenue of $38.8M, expenses of $36.7M, and assets of $69.0M (revenue -8.7% year-over-year).
- 2017: Revenue of $42.5M, expenses of $37.7M, and assets of $67.2M (revenue +10.6% year-over-year).
- 2016: Revenue of $38.5M, expenses of $37.1M, and assets of $68.5M (revenue +2.9% year-over-year).
- 2015: Revenue of $37.4M, expenses of $38.6M, and assets of $69.4M (revenue -1.8% year-over-year).
- 2014: Revenue of $38.1M, expenses of $36.2M, and assets of $92.7M (revenue +13.2% year-over-year).
- 2013: Revenue of $33.6M, expenses of $32.2M, and assets of $60.8M (revenue +6.8% year-over-year).
- 2012: Revenue of $31.5M, expenses of $29.3M, and assets of $59.5M (revenue +7.5% year-over-year).
- 2011: Revenue of $29.3M, expenses of $27.3M, and assets of $57.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Calhoun School Inc:
Data Sources and Methodology
This transparency report for Calhoun 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.