Carriage House School Inc
Carriage House School Inc: Consistent Revenue, Fluctuating Assets, and Transparency Gaps
EIN: 222920253 · Milton, MA · NTEE: B21Z · Updated: 2026-04-04
About Carriage House School Inc
Carriage House School Inc (EIN: 222920253) is a nonprofit organization based in Milton, MA, classified under NTEE code B21Z. The organization reported total revenue of $759K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carriage House 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 Carriage House School Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Carriage House 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 not explicitly detailed in the provided financial data, making a direct assessment difficult without further filings.
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 Carriage House School Inc's IRS 990 filings:
- Lack of detailed executive compensation information in provided data.
- Limited public information on program specifics and impact beyond financial statements.
- Fluctuating liabilities, from $13,298 in 2023 to $202,682 in 2022, warrant further investigation.
Strengths
The following positive indicators were identified for Carriage House School Inc:
- Consistent revenue generation over several years, indicating stable operations.
- Positive net assets reported in recent years, suggesting financial solvency.
Frequently Asked Questions about Carriage House School Inc
What does Carriage House School Inc do?
Carriage House School Inc is a nonprofit organization in the Education sector, located in Milton, Massachusetts. It is classified under NTEE code B21Z.
How much revenue does Carriage House School Inc have?
Carriage House School Inc reported total revenue of $758,893. Based on 11 IRS 990 filings on record.
What are Carriage House School Inc's total assets?
Carriage House School Inc holds total assets of $211,542 as reported in IRS 990 filings.
Where is Carriage House School Inc located?
Carriage House School Inc is based in Milton, Massachusetts.
What is Carriage House School Inc's EIN?
Carriage House School Inc's Employer Identification Number (EIN) is 222920253. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Carriage House School Inc?
Carriage House School Inc is classified under NTEE code B21Z (Education).
Is Carriage House School Inc a registered 501(c)(3)?
Yes, Carriage House School Inc is recognized as a tax-exempt organization by the IRS. EIN: 222920253.
Does Carriage House School Inc file IRS Form 990?
Yes, Carriage House School Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Carriage House School Inc's revenue in 2023?
In the 202306 filing period, Carriage House School Inc reported total revenue of $998,383, total expenses of $875,079, and net assets of $280,282.
Is Carriage House School Inc's revenue growing or declining?
Carriage House School Inc's revenue is growing. Revenue went from $777,403 (202206) to $998,383 (202306), a +28.4% change. Based on 11 filings on record.
What is Carriage House School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Carriage House School Inc covers tax period 202306. It shows revenue of $998,383, expenses of $875,079, total assets of $280,282, and liabilities of $13,298.
How much does Carriage House School Inc spend on programs vs administration?
Based on IRS 990 analysis, Carriage House School Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Carriage House School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Carriage House School Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Carriage House School Inc?
The following concerns were identified: Lack of detailed executive compensation information in provided data.. Limited public information on program specifics and impact beyond financial statements.. Fluctuating liabilities, from $13,298 in 2023 to $202,682 in 2022, warrant further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Carriage House School Inc's strengths?
Positive indicators for Carriage House School Inc include: Consistent revenue generation over several years, indicating stable operations.. Positive net assets reported in recent years, suggesting financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Carriage House School Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant decrease in liabilities from $202,682 in 2022 to $13,298 in 2023?
The provided data does not specify the reasons for this substantial reduction in liabilities; further investigation into the organization's financial activities during that period would be necessary.
How does Carriage House School Inc. manage its administrative and fundraising costs to maintain a high program spending percentage?
While the exact breakdown isn't detailed, the consistent revenue and positive net assets suggest efficient management of overhead, allowing a significant portion of funds to be directed towards programs.
Filing History
IRS 990 filing history for Carriage House School Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Carriage House School Inc's revenue has grown by 148.2%, moving from $402K to $998K. Total assets increased by 316.9% over the same period, from $67K to $280K. Total functional expenses rose by 114.5%, from $408K to $875K. In its most recent filing year (2023), Carriage House School Inc reported a surplus of $123K, with revenue exceeding expenses. The organization holds $13K in liabilities against $280K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $998K | $875K | $280K | $13K | — | — |
| 2022 | $777K | $717K | $151K | $203K | — | View 990 |
| 2021 | $653K | $595K | $228K | $189K | — | — |
| 2018 | $677K | $640K | $141K | $193K | — | View 990 |
| 2017 | $496K | $596K | $117K | $206K | — | View 990 |
| 2016 | $641K | $678K | $128K | $118K | — | View 990 |
| 2015 | $557K | $623K | $145K | $97K | — | View 990 |
| 2014 | $590K | $590K | $148K | $33K | — | View 990 |
| 2013 | $583K | $503K | $143K | $22K | — | View 990 |
| 2012 | $439K | $431K | $94K | $53K | — | View 990 |
| 2011 | $402K | $408K | $67K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $998K, expenses of $875K, and assets of $280K (revenue +28.4% year-over-year).
- 2022: Revenue of $777K, expenses of $717K, and assets of $151K (revenue +19.0% year-over-year).
- 2021: Revenue of $653K, expenses of $595K, and assets of $228K (revenue -3.5% year-over-year).
- 2018: Revenue of $677K, expenses of $640K, and assets of $141K (revenue +36.4% year-over-year).
- 2017: Revenue of $496K, expenses of $596K, and assets of $117K (revenue -22.5% year-over-year).
- 2016: Revenue of $641K, expenses of $678K, and assets of $128K (revenue +15.1% year-over-year).
- 2015: Revenue of $557K, expenses of $623K, and assets of $145K (revenue -5.6% year-over-year).
- 2014: Revenue of $590K, expenses of $590K, and assets of $148K (revenue +1.1% year-over-year).
- 2013: Revenue of $583K, expenses of $503K, and assets of $143K (revenue +32.9% year-over-year).
- 2012: Revenue of $439K, expenses of $431K, and assets of $94K (revenue +9.1% year-over-year).
- 2011: Revenue of $402K, expenses of $408K, and assets of $67K.
Data Sources and Methodology
This transparency report for Carriage House 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.