Darrow School
Darrow School shows asset growth but faces recurring operational deficits.
EIN: 141412457 · New Lebanon, NY · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $10.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $16.2M |
| Transparency Score | 65/100 |
Is Darrow School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Darrow School directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Darrow School
Darrow School (EIN: 141412457) is a nonprofit organization based in New Lebanon, NY, classified under NTEE code B24Z. The organization reported total revenue of $8.2M and total assets of $22.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Darrow School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Darrow School is a mid-size nonprofit that has been operating for 84 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $10.1M |
| Surplus / Deficit | $-1,827,801 |
| Total Assets | $22.4M |
| Total Liabilities | $6.2M |
| Net Assets | $16.2M |
| Operating Margin | -22.2% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 26.7 months |
Financial Health Grade: B
In 2023, Darrow School reported a deficit of $1.8M with expenses exceeding revenue, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Darrow School's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.0% | -4.4% | +4.0% |
| 2022 | +86.6% | +9.0% | +29.5% |
| 2021 | -32.7% | -3.1% | -8.1% |
| 2020 | +44.0% | +5.8% | +13.2% |
| 2019 | -1.3% | +13.9% | -5.3% |
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 Darrow School with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Darrow School allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation across all periods, which is unusual for an organization of this size with over $8 million in annual revenue and over $22 million in assets. This could indicate that executive compensation is either not reported under this specific category, paid by a related entity, or that the school's leadership is entirely volunteer-based, which would be highly atypical for a school.
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 Darrow School's IRS 990 filings:
- Recurring operational deficits in multiple years (e.g., 202306, 202106, 201906)
- Consistent 0% reported officer compensation, which is highly unusual for an organization of this size
- Significant increase in liabilities over the past decade, from $2.1M to $6.1M
Strengths
The following positive indicators were identified for Darrow School:
- Consistent growth in total assets, from $13.1M in 201406 to $22.3M in 202306, indicating long-term financial accumulation.
- Demonstrated ability to generate substantial revenue, with a peak of nearly $15M in 202206.
Frequently Asked Questions about Darrow School
Is Darrow School a legitimate charity?
Darrow School (EIN: 141412457) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $8.2M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Darrow School spend its money?
Darrow School directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Darrow School tax-deductible?
Darrow School is registered as a tax-exempt nonprofit (EIN: 141412457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Darrow School CEO make?
Darrow School's highest-compensated officer earns $8 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Darrow School's spending goes to programs?
Darrow School directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Darrow School compare to similar nonprofits?
With a transparency score of 65/100 (Good), Darrow School 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 Darrow School located?
Darrow School is headquartered in New Lebanon, New York and files with the IRS under EIN 141412457. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Darrow School have?
Darrow School has 12 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 $8.2M in total revenue.
Why is Officer Compensation consistently reported as 0%?
The consistent reporting of 0% for Officer Compensation across all 12 filings is highly unusual for an organization with annual revenues exceeding $8 million. This suggests that executive salaries may be categorized differently, paid by a related entity, or that the school operates with an entirely volunteer executive leadership, which is improbable for an institution of this scale.
What is the cause of the recurring operational deficits?
The Darrow School has experienced several periods where expenses exceeded revenue, such as in 202306 ($10,051,586 expenses vs. $8,223,785 revenue), 202106 ($9,651,482 expenses vs. $8,020,932 revenue), and 201906 ($9,409,692 expenses vs. $8,275,813 revenue). Understanding the specific expense categories driving these deficits and the funding sources used to cover them is crucial for assessing financial sustainability.
How are the increasing liabilities being managed?
Liabilities have increased significantly from $2,136,880 in 201406 to $6,188,378 in 202306. While assets have also grown, the substantial increase in liabilities warrants an understanding of their nature (e.g., debt, deferred revenue) and the organization's strategy for managing this growing financial obligation.
Filing History
IRS 990 filing history for Darrow School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Darrow School's revenue has grown by 7.4%, moving from $7.7M to $8.2M. Total assets increased by 94.9% over the same period, from $11.5M to $22.4M. Total functional expenses rose by 43%, from $7.0M to $10.1M. In its most recent filing year (2023), Darrow School reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $6.2M in liabilities against $22.4M in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $16.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $10.1M | $22.4M | $6.2M | — | — |
| 2022 | $15.0M | $10.5M | $21.5M | $3.8M | — | View 990 |
| 2021 | $8.0M | $9.7M | $16.6M | $2.3M | — | — |
| 2020 | $11.9M | $10.0M | $18.1M | $2.5M | — | View 990 |
| 2019 | $8.3M | $9.4M | $16.0M | $2.3M | — | View 990 |
| 2018 | $8.4M | $8.3M | $16.8M | $2.1M | — | View 990 |
| 2017 | $8.3M | $7.6M | $17.0M | $2.2M | — | View 990 |
| 2016 | $8.6M | $8.0M | $15.8M | $2.3M | — | View 990 |
| 2015 | $10.2M | $7.8M | $15.6M | $2.4M | — | View 990 |
| 2014 | $8.1M | $7.3M | $13.1M | $2.1M | — | View 990 |
| 2013 | $8.8M | $7.4M | $13.1M | $3.0M | — | View 990 |
| 2012 | $7.7M | $7.0M | $11.5M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $10.1M, and assets of $22.4M (revenue -45.0% year-over-year).
- 2022: Revenue of $15.0M, expenses of $10.5M, and assets of $21.5M (revenue +86.6% year-over-year).
- 2021: Revenue of $8.0M, expenses of $9.7M, and assets of $16.6M (revenue -32.7% year-over-year).
- 2020: Revenue of $11.9M, expenses of $10.0M, and assets of $18.1M (revenue +44.0% year-over-year).
- 2019: Revenue of $8.3M, expenses of $9.4M, and assets of $16.0M (revenue -1.3% year-over-year).
- 2018: Revenue of $8.4M, expenses of $8.3M, and assets of $16.8M (revenue +0.7% year-over-year).
- 2017: Revenue of $8.3M, expenses of $7.6M, and assets of $17.0M (revenue -2.7% year-over-year).
- 2016: Revenue of $8.6M, expenses of $8.0M, and assets of $15.8M (revenue -16.0% year-over-year).
- 2015: Revenue of $10.2M, expenses of $7.8M, and assets of $15.6M (revenue +25.7% year-over-year).
- 2014: Revenue of $8.1M, expenses of $7.3M, and assets of $13.1M (revenue -7.8% year-over-year).
- 2013: Revenue of $8.8M, expenses of $7.4M, and assets of $13.1M (revenue +14.7% year-over-year).
- 2012: Revenue of $7.7M, expenses of $7.0M, and assets of $11.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Darrow School:
Data Sources and Methodology
This transparency report for Darrow School 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.