Collegiate School Inc
Collegiate School Inc. maintains strong financial health with substantial assets and no reported officer compensation.
EIN: 131634966 · New York, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60.2M |
| Total Expenses | $53.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $350M |
| Net Assets | $281.8M |
| Transparency Score | 90/100 |
Is Collegiate School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Collegiate School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Collegiate School Inc
Collegiate School Inc (EIN: 131634966) is a nonprofit organization based in New York, NY, classified under NTEE code B200. The organization reported total revenue of $60.2M and total assets of $350.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Collegiate School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Collegiate School Inc is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65.8M |
| Total Expenses | $53.3M |
| Surplus / Deficit | +$12.4M |
| Total Assets | $350.9M |
| Total Liabilities | $69.1M |
| Net Assets | $281.8M |
| Operating Margin | 18.9% |
| Debt-to-Asset Ratio | 19.7% |
| Months of Reserves | 78.9 months |
Financial Health Grade: A
In 2023, Collegiate School Inc reported a surplus of $12.4M with revenue exceeding expenses, holds 78.9 months of operating reserves (strong position), has a debt-to-asset ratio of 19.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Collegiate School Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | +5.4% | +4.4% |
| 2022 | -10.4% | +0.1% | -5.1% |
| 2021 | +32.5% | +5.5% | +7.5% |
| 2020 | -16.0% | -0.9% | -3.6% |
| 2019 | -12.0% | +2.3% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Collegiate School Inc with a Mission Score of 90 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, Collegiate 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 $12.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.7%.
Executive Compensation Analysis
Collegiate School Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and asset base ($350M+). This suggests either a fully volunteer executive leadership or that compensation is reported under different categories not captured by 'Officer Comp'.
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 Collegiate School Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may warrant further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Collegiate School Inc:
- Strong and growing asset base, reaching $350,858,373 in 2023.
- Consistent positive net income in most recent years, indicating financial health.
- Significant revenue generation, with $65,773,381 in 2023.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Healthy ratio of assets to liabilities, indicating strong financial solvency.
Frequently Asked Questions about Collegiate School Inc
Is Collegiate School Inc a legitimate charity?
Collegiate School Inc (EIN: 131634966) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $60.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Collegiate School Inc spend its money?
Collegiate School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Collegiate School Inc tax-deductible?
Collegiate School Inc is registered as a tax-exempt nonprofit (EIN: 131634966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Collegiate School Inc CEO make?
Collegiate School Inc's highest-compensated officer earns $350M annually. The organization reported $60.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Collegiate School Inc's spending goes to programs?
Collegiate School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Collegiate School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Collegiate School Inc is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Collegiate School Inc located?
Collegiate School Inc is headquartered in New York, New York and files with the IRS under EIN 131634966. It is classified under NTEE code B200.
How many years of IRS 990 filings does Collegiate School Inc have?
Collegiate 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 $60.2M in total revenue.
How does Collegiate School Inc. manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues exceeding $60 million and assets over $350 million. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key personnel is categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as 'Officer Comp'.
Is Collegiate School Inc. financially stable?
Yes, Collegiate School Inc. appears financially stable. In fiscal year 2023, it reported revenues of $65,773,381 against expenses of $53,339,838, resulting in a surplus. Its assets have consistently grown, reaching $350,858,373 in 2023, significantly outweighing its liabilities of $69,099,111.
What is the trend in Collegiate School Inc.'s revenue and expenses?
Revenue has fluctuated but generally shows growth, with a notable peak of $159,208,944 in 2016 and a strong $65,773,381 in 2023. Expenses have shown a more gradual increase, from $35,191,151 in 2014 to $53,339,838 in 2023, indicating controlled spending relative to income.
Filing History
IRS 990 filing history for Collegiate School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Collegiate School Inc's revenue has grown by 15.4%, moving from $57.0M to $65.8M. Total assets increased by 184.7% over the same period, from $123.2M to $350.9M. Total functional expenses rose by 70.1%, from $31.4M to $53.3M. In its most recent filing year (2023), Collegiate School Inc reported a surplus of $12.4M, with revenue exceeding expenses. The organization holds $69.1M in liabilities against $350.9M in assets (debt-to-asset ratio: 19.7%), resulting in net assets of $281.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65.8M | $53.3M | $350.9M | $69.1M | — | View 990 |
| 2022 | $47.8M | $50.6M | $336.0M | $70.5M | — | View 990 |
| 2021 | $53.3M | $50.6M | $353.9M | $67.9M | — | View 990 |
| 2020 | $40.2M | $47.9M | $329.4M | $58.0M | — | View 990 |
| 2019 | $47.9M | $48.4M | $341.5M | $63.6M | — | View 990 |
| 2018 | $54.4M | $47.3M | $348.0M | $66.2M | — | View 990 |
| 2017 | $48.2M | $42.6M | $342.1M | $69.0M | — | View 990 |
| 2016 | $159.2M | $41.8M | $319.0M | $56.5M | — | View 990 |
| 2015 | $47.4M | $36.3M | $166.7M | $11.1M | — | View 990 |
| 2014 | $54.2M | $35.2M | $161.4M | $9.2M | — | View 990 |
| 2013 | $42.2M | $35.5M | $134.0M | $9.4M | — | View 990 |
| 2012 | $35.0M | $32.6M | $122.6M | $8.2M | — | View 990 |
| 2011 | $57.0M | $31.4M | $123.2M | $8.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65.8M, expenses of $53.3M, and assets of $350.9M (revenue +37.7% year-over-year).
- 2022: Revenue of $47.8M, expenses of $50.6M, and assets of $336.0M (revenue -10.4% year-over-year).
- 2021: Revenue of $53.3M, expenses of $50.6M, and assets of $353.9M (revenue +32.5% year-over-year).
- 2020: Revenue of $40.2M, expenses of $47.9M, and assets of $329.4M (revenue -16.0% year-over-year).
- 2019: Revenue of $47.9M, expenses of $48.4M, and assets of $341.5M (revenue -12.0% year-over-year).
- 2018: Revenue of $54.4M, expenses of $47.3M, and assets of $348.0M (revenue +13.0% year-over-year).
- 2017: Revenue of $48.2M, expenses of $42.6M, and assets of $342.1M (revenue -69.7% year-over-year).
- 2016: Revenue of $159.2M, expenses of $41.8M, and assets of $319.0M (revenue +236.0% year-over-year).
- 2015: Revenue of $47.4M, expenses of $36.3M, and assets of $166.7M (revenue -12.6% year-over-year).
- 2014: Revenue of $54.2M, expenses of $35.2M, and assets of $161.4M (revenue +28.4% year-over-year).
- 2013: Revenue of $42.2M, expenses of $35.5M, and assets of $134.0M (revenue +20.5% year-over-year).
- 2012: Revenue of $35.0M, expenses of $32.6M, and assets of $122.6M (revenue -38.5% year-over-year).
- 2011: Revenue of $57.0M, expenses of $31.4M, and assets of $123.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Collegiate School Inc:
Data Sources and Methodology
This transparency report for Collegiate 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.