Cardinal Mccloskey School & Home For Children Inc

Cardinal McCloskey School & Home For Children Inc consistently generates over $60 million in annual revenue with stable operations and no reported officer compensation.

EIN: 131740443 · Valhalla, NY · Updated: 2026-03-28

$72.1MRevenue

$37.6MAssets

85/100Mission Score (Excellent)

Is Cardinal Mccloskey School & Home For Children Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

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

Cardinal Mccloskey School & Home For Children Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Cardinal Mccloskey School & Home For Children Inc

Cardinal Mccloskey School & Home For Children Inc (EIN: 131740443) is a nonprofit organization based in Valhalla, NY. The organization reported total revenue of $72.1M and total assets of $37.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cardinal Mccloskey School & Home For Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cardinal McCloskey School & Home For Children Inc demonstrates consistent financial activity with revenues generally exceeding expenses, indicating a stable operational model. For instance, in fiscal year 2023, the organization reported revenues of $71,520,002 against expenses of $70,456,255, resulting in a surplus. This trend of positive net income is observed in most recent filings, contributing to a healthy asset base which stood at $39,003,831 in 2023. The organization's liabilities have also seen an increase, reaching $28,611,781 in 2023, which warrants monitoring to ensure long-term financial stability.

The organization's spending efficiency appears to be robust, with a significant portion of its expenditures likely directed towards its programmatic mission, given the consistent operational surpluses. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency, suggesting either a volunteer-led executive structure or compensation being reported under different categories, which would require further investigation for complete clarity. The consistent revenue generation, often in the range of $60-70 million annually, indicates a strong funding base.

While the financial data suggests operational stability and efficient use of funds, the lack of reported officer compensation in the provided data could be a point for further inquiry regarding executive leadership structure and compensation practices. The organization's assets have shown growth over the years, from $21,327,572 in 2014 to $39,003,831 in 2023, indicating prudent financial management and accumulation of resources to support its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cardinal Mccloskey School & Home For Children 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Cardinal Mccloskey School & Home For Children Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $60 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently and not explicitly reported as 'Officer Comp' in the provided summary.

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 Cardinal Mccloskey School & Home For Children Inc's IRS 990 filings:

Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration practices.

Strengths

The following positive indicators were identified for Cardinal Mccloskey School & Home For Children Inc:

Consistent high revenue generation, typically exceeding $60 million annually.
Operational surpluses in most fiscal years, indicating sound financial management.
Significant growth in assets over the past decade, from $21.3M in 2014 to $39M in 2023.
No reported officer compensation, suggesting a high proportion of funds directed towards mission-related activities.

Frequently Asked Questions about Cardinal Mccloskey School & Home For Children Inc

Is Cardinal Mccloskey School & Home For Children Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cardinal Mccloskey School & Home For Children Inc (EIN: 131740443) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Cardinal Mccloskey School & Home For Children Inc spend its money?

Cardinal Mccloskey School & Home For Children Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Cardinal Mccloskey School & Home For Children Inc tax-deductible?

Cardinal Mccloskey School & Home For Children Inc is registered as a tax-exempt nonprofit (EIN: 131740443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Cardinal McCloskey School & Home For Children Inc a good charity?

Based on the provided financial data, the organization demonstrates strong financial health with consistent revenue generation, operational surpluses in most years, and growing assets. The absence of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation to programs, assuming executive leadership is adequately supported or volunteer-based.

How does Cardinal McCloskey School & Home For Children Inc manage its executive compensation?

The IRS 990 filings consistently report 0% for officer compensation. This is highly unusual for an organization with annual revenues exceeding $60 million and suggests that executive leadership may be volunteer-based or compensated through other means not captured under 'Officer Comp' in this summary.

What is the trend in the organization's assets and liabilities?

The organization's assets have shown a significant upward trend, growing from $21,327,572 in 2014 to $39,003,831 in 2023. Liabilities have also increased over the same period, from $12,246,782 to $28,611,781, indicating growth in both resources and financial obligations.

Does the organization consistently operate with a surplus?

For most of the reported periods, the organization's revenue has exceeded its expenses, indicating operational surpluses. For example, in 2023, revenue was $71,520,002 and expenses were $70,456,255, resulting in a surplus. There were a few years, such as 2021, 2020, 2018, and 2014, where expenses slightly exceeded revenue.

Filing History

IRS 990 filing history for Cardinal Mccloskey School & Home For Children Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cardinal Mccloskey School & Home For Children Inc's revenue has grown by 52.1%, moving from $47.0M to $71.5M. Total assets increased by 131.9% over the same period, from $16.8M to $39.0M. Total functional expenses rose by 49.4%, from $47.2M to $70.5M. In its most recent filing year (2023), Cardinal Mccloskey School & Home For Children Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $28.6M in liabilities against $39.0M in assets (debt-to-asset ratio: 73.4%), resulting in net assets of $10.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$71.5M	$70.5M	$39.0M	$28.6M	—	View 990
2022	$76.7M	$70.0M	$27.6M	$18.5M	—	View 990
2021	$67.0M	$69.1M	$29.9M	$26.1M	—	View 990
2020	$67.6M	$69.2M	$34.5M	$29.1M	—	View 990
2019	$68.4M	$67.9M	$28.7M	$21.6M	—	View 990
2018	$69.0M	$69.1M	$28.2M	$21.6M	—	View 990
2017	$67.2M	$66.8M	$31.0M	$24.7M	—	View 990
2016	$68.6M	$67.3M	$28.3M	$21.6M	—	View 990
2015	$66.2M	$65.3M	$25.8M	$16.4M	—	View 990
2014	$60.4M	$61.0M	$21.3M	$12.2M	—	View 990
2013	$47.6M	$47.9M	$19.4M	$10.5M	—	View 990
2012	$47.9M	$48.7M	$18.0M	$9.1M	—	View 990
2011	$47.0M	$47.2M	$16.8M	$8.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $71.5M, expenses of $70.5M, and assets of $39.0M (revenue -6.7% year-over-year).
2022: Revenue of $76.7M, expenses of $70.0M, and assets of $27.6M (revenue +14.4% year-over-year).
2021: Revenue of $67.0M, expenses of $69.1M, and assets of $29.9M (revenue -0.8% year-over-year).
2020: Revenue of $67.6M, expenses of $69.2M, and assets of $34.5M (revenue -1.2% year-over-year).
2019: Revenue of $68.4M, expenses of $67.9M, and assets of $28.7M (revenue -0.9% year-over-year).
2018: Revenue of $69.0M, expenses of $69.1M, and assets of $28.2M (revenue +2.7% year-over-year).
2017: Revenue of $67.2M, expenses of $66.8M, and assets of $31.0M (revenue -2.1% year-over-year).
2016: Revenue of $68.6M, expenses of $67.3M, and assets of $28.3M (revenue +3.6% year-over-year).
2015: Revenue of $66.2M, expenses of $65.3M, and assets of $25.8M (revenue +9.6% year-over-year).
2014: Revenue of $60.4M, expenses of $61.0M, and assets of $21.3M (revenue +26.9% year-over-year).
2013: Revenue of $47.6M, expenses of $47.9M, and assets of $19.4M (revenue -0.5% year-over-year).
2012: Revenue of $47.9M, expenses of $48.7M, and assets of $18.0M (revenue +1.8% year-over-year).
2011: Revenue of $47.0M, expenses of $47.2M, and assets of $16.8M.

Data Sources and Methodology

This transparency report for Cardinal Mccloskey School & Home For Children 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.