Chatham Day School Inc
Chatham Day School Inc. maintains consistent revenue growth and operational surpluses with no reported officer compensation.
EIN: 137100017 · Chatham, NJ · NTEE: B99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $6.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $10.6M |
| Transparency Score | 85/100 |
Is Chatham Day School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chatham Day School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chatham Day School Inc
Chatham Day School Inc (EIN: 137100017) is a nonprofit organization based in Chatham, NJ, classified under NTEE code B99Z. The organization reported total revenue of $8.5M and total assets of $22.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chatham Day School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chatham Day School Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.5M |
| Surplus / Deficit | +$632K |
| Total Assets | $20.8M |
| Total Liabilities | $10.2M |
| Net Assets | $10.6M |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 49.2% |
| Months of Reserves | 38.6 months |
Financial Health Grade: A
In 2023, Chatham Day School Inc reported a surplus of $632K with revenue exceeding expenses, holds 38.6 months of operating reserves (strong position), has a debt-to-asset ratio of 49.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chatham Day School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +10.5% | +0.4% |
| 2022 | +7.6% | +7.4% | +0.3% |
| 2021 | +20.1% | +10.2% | +5.4% |
| 2020 | -4.9% | -5.7% | -0.1% |
| 2019 | +3.4% | -1.2% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Chatham Day 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, Chatham Day 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 $632K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $7 million. This suggests that executive compensation may be reported under different categories, paid by a related entity, or that the school operates with a volunteer leadership structure at the officer level, 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 Chatham Day School Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive pay or indicate an atypical compensation structure.
- Significant and growing liabilities ($10,221,936 in 2023) without detailed context on their nature.
Strengths
The following positive indicators were identified for Chatham Day School Inc:
- Consistent revenue growth, from $4,697,258 in 2014 to $7,087,767 in 2023.
- Consistent operational surpluses, indicating sound financial management (e.g., $631,656 surplus in 2023).
- Steady growth in assets, reaching $20,776,474 in 2023.
- Long history of IRS 990 filings (13 filings), indicating transparency in reporting.
Frequently Asked Questions about Chatham Day School Inc
Is Chatham Day School Inc a legitimate charity?
Chatham Day School Inc (EIN: 137100017) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Chatham Day School Inc spend its money?
Chatham Day School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Chatham Day School Inc tax-deductible?
Chatham Day School Inc is registered as a tax-exempt nonprofit (EIN: 137100017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chatham Day School Inc CEO make?
Chatham Day School Inc's highest-compensated officer earns $7 annually. The organization reported $8.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chatham Day School Inc's spending goes to programs?
Chatham Day School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chatham Day School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chatham Day School Inc is above average for NTEE category B99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chatham Day School Inc located?
Chatham Day School Inc is headquartered in Chatham, New Jersey and files with the IRS under EIN 137100017. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Chatham Day School Inc have?
Chatham Day 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 $8.5M in total revenue.
How is executive compensation handled if 0% is reported for officers?
The consistent reporting of 0% officer compensation across all filings for an organization with over $7 million in revenue is highly unusual. It suggests that executive compensation might be reported under other expense categories (e.g., salaries and wages for non-officer employees), paid by a related entity, or that the school's top leadership serves in a purely volunteer capacity. Further investigation into the detailed compensation schedules would be necessary to clarify this.
What is the nature of the significant liabilities reported?
Chatham Day School Inc. consistently reports substantial liabilities, reaching $10,221,936 in 2023. Understanding whether these are primarily long-term debt, mortgages, or other obligations is crucial for a complete financial picture. While assets also grew, the high liability figure warrants closer scrutiny.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense breakdown in the provided data, it's difficult to precisely assess the efficiency of spending. A clear allocation of expenses to programs, administration, and fundraising would provide greater insight into how resources are being utilized to achieve the school's mission.
Filing History
IRS 990 filing history for Chatham Day School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chatham Day School Inc's revenue has grown by 41.1%, moving from $5.0M to $7.1M. Total assets increased by 81.8% over the same period, from $11.4M to $20.8M. Total functional expenses rose by 63.7%, from $3.9M to $6.5M. In its most recent filing year (2023), Chatham Day School Inc reported a surplus of $632K, with revenue exceeding expenses. The organization holds $10.2M in liabilities against $20.8M in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.5M | $20.8M | $10.2M | — | — |
| 2022 | $6.7M | $5.8M | $20.7M | $10.8M | — | View 990 |
| 2021 | $6.2M | $5.4M | $20.6M | $11.5M | — | — |
| 2020 | $5.2M | $4.9M | $19.6M | $11.2M | — | View 990 |
| 2019 | $5.5M | $5.2M | $19.6M | $11.5M | — | View 990 |
| 2018 | $5.3M | $5.3M | $19.6M | $11.7M | — | View 990 |
| 2017 | $5.7M | $5.7M | $19.2M | $11.2M | — | View 990 |
| 2016 | $8.0M | $5.2M | $17.7M | $9.1M | — | View 990 |
| 2015 | $5.1M | $4.8M | $12.6M | $6.8M | — | View 990 |
| 2014 | $4.7M | $4.6M | $12.5M | $6.9M | — | View 990 |
| 2013 | $4.2M | $4.2M | $13.0M | $7.5M | — | View 990 |
| 2012 | $4.5M | $4.2M | $13.1M | $7.7M | — | View 990 |
| 2011 | $5.0M | $3.9M | $11.4M | $6.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.5M, and assets of $20.8M (revenue +5.7% year-over-year).
- 2022: Revenue of $6.7M, expenses of $5.8M, and assets of $20.7M (revenue +7.6% year-over-year).
- 2021: Revenue of $6.2M, expenses of $5.4M, and assets of $20.6M (revenue +20.1% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.9M, and assets of $19.6M (revenue -4.9% year-over-year).
- 2019: Revenue of $5.5M, expenses of $5.2M, and assets of $19.6M (revenue +3.4% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.3M, and assets of $19.6M (revenue -7.9% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.7M, and assets of $19.2M (revenue -28.2% year-over-year).
- 2016: Revenue of $8.0M, expenses of $5.2M, and assets of $17.7M (revenue +56.1% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.8M, and assets of $12.6M (revenue +8.9% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.6M, and assets of $12.5M (revenue +11.3% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.2M, and assets of $13.0M (revenue -7.2% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.2M, and assets of $13.1M (revenue -9.4% year-over-year).
- 2011: Revenue of $5.0M, expenses of $3.9M, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chatham Day School Inc:
Data Sources and Methodology
This transparency report for Chatham Day 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.