De La Salle Academy
De La Salle Academy shows consistent operations with growing assets, but recent years indicate spending exceeding revenue and increasing liabilities.
EIN: 133228140 · New York, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $7.4M |
| Program Spending | 85% |
| Net Assets | $13.5M |
| Transparency Score | 85/100 |
Is De La Salle Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
De La Salle Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About De La Salle Academy
De La Salle Academy (EIN: 133228140) is a nonprofit organization based in New York, NY, classified under NTEE code B200. The organization reported total revenue of $6.3M and total assets of $16.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of De La Salle Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
De La Salle Academy is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $7.4M |
| Surplus / Deficit | $-1,904,575 |
| Total Assets | $16.1M |
| Total Liabilities | $2.6M |
| Net Assets | $13.5M |
| Operating Margin | -34.5% |
| Debt-to-Asset Ratio | 16.4% |
| Months of Reserves | 26.0 months |
Financial Health Grade: B
In 2023, De La Salle Academy reported a deficit of $1.9M with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 16.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), De La Salle Academy's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | +0.2% | -6.9% |
| 2022 | +33.0% | +5.4% | +13.5% |
| 2021 | -10.7% | +8.3% | +8.1% |
| 2020 | +12.7% | +4.7% | +9.0% |
| 2019 | +10.5% | +0.4% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 De La Salle Academy 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, De La Salle Academy 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 deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.4%.
Executive Compensation Analysis
De La Salle Academy consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly favorable for donor confidence and mission focus.
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 De La Salle Academy's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 202306, 202106, 201908, 201808, 201708, 201508).
- Significant increase in liabilities from $205,828 in 202106 to $2,632,803 in 202306.
Strengths
The following positive indicators were identified for De La Salle Academy:
- Consistent reporting of 0% officer compensation across all available filings.
- Long-term growth in assets, from $12,623,464 in 201608 to $16,101,429 in 202306, indicating financial stability.
- Extensive filing history (13 filings) demonstrates strong commitment to transparency.
Frequently Asked Questions about De La Salle Academy
Is De La Salle Academy a legitimate charity?
De La Salle Academy (EIN: 133228140) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does De La Salle Academy spend its money?
De La Salle Academy directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to De La Salle Academy tax-deductible?
De La Salle Academy is registered as a tax-exempt nonprofit (EIN: 133228140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of De La Salle Academy's spending goes to programs?
De La Salle Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does De La Salle Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), De La Salle Academy 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 De La Salle Academy located?
De La Salle Academy is headquartered in New York, New York and files with the IRS under EIN 133228140. It is classified under NTEE code B200.
How many years of IRS 990 filings does De La Salle Academy have?
De La Salle Academy 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 $6.3M in total revenue.
Is De La Salle Academy a good charity?
De La Salle Academy appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, which suggests a strong commitment to directing funds towards its mission. While it has experienced periods where expenses exceeded revenue, its asset base has generally grown, indicating long-term stability. The recent increase in liabilities should be investigated further.
Why are expenses exceeding revenue in recent years?
In periods like 202306, expenses ($7,423,107) significantly exceeded revenue ($5,518,532). This could be due to strategic investments, temporary funding gaps, or increased program costs. Further analysis of the detailed expense breakdown would be necessary to understand the specific reasons.
What caused the significant increase in liabilities?
Liabilities increased substantially from $205,828 in 202106 to $2,632,803 in 202306. This sharp rise could be due to new debt, deferred revenue, or other financial obligations. A deeper dive into the balance sheet would be needed to identify the specific nature of these liabilities.
Filing History
IRS 990 filing history for De La Salle Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), De La Salle Academy's revenue has grown by 159.2%, moving from $2.1M to $5.5M. Total assets increased by 69.1% over the same period, from $9.5M to $16.1M. Total functional expenses rose by 216.9%, from $2.3M to $7.4M. In its most recent filing year (2023), De La Salle Academy reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $16.1M in assets (debt-to-asset ratio: 16.4%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $7.4M | $16.1M | $2.6M | — | View 990 |
| 2022 | $8.0M | $7.4M | $17.3M | $2.9M | — | View 990 |
| 2021 | $6.0M | $7.0M | $15.2M | $206K | — | — |
| 2020 | $6.8M | $6.5M | $14.1M | $72K | — | View 990 |
| 2019 | $6.0M | $6.2M | $12.9M | $86K | — | View 990 |
| 2018 | $5.4M | $6.2M | $13.1M | $90K | — | View 990 |
| 2017 | $5.0M | $5.9M | $12.9M | $118K | — | View 990 |
| 2016 | $5.7M | $5.7M | $12.6M | $41K | — | View 990 |
| 2015 | $5.0M | $5.7M | $12.7M | $52K | — | View 990 |
| 2014 | $5.5M | $5.1M | $13.1M | $43K | — | View 990 |
| 2013 | $4.7M | $4.6M | $10.8M | $25K | — | View 990 |
| 2012 | $3.9M | $4.4M | $9.5M | $89K | — | View 990 |
| 2011 | $2.1M | $2.3M | $9.5M | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $7.4M, and assets of $16.1M (revenue -31.2% year-over-year).
- 2022: Revenue of $8.0M, expenses of $7.4M, and assets of $17.3M (revenue +33.0% year-over-year).
- 2021: Revenue of $6.0M, expenses of $7.0M, and assets of $15.2M (revenue -10.7% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.5M, and assets of $14.1M (revenue +12.7% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.2M, and assets of $12.9M (revenue +10.5% year-over-year).
- 2018: Revenue of $5.4M, expenses of $6.2M, and assets of $13.1M (revenue +7.9% year-over-year).
- 2017: Revenue of $5.0M, expenses of $5.9M, and assets of $12.9M (revenue -11.4% year-over-year).
- 2016: Revenue of $5.7M, expenses of $5.7M, and assets of $12.6M (revenue +12.3% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.7M, and assets of $12.7M (revenue -7.6% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.1M, and assets of $13.1M (revenue +16.2% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.6M, and assets of $10.8M (revenue +21.0% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.4M, and assets of $9.5M (revenue +82.4% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.3M, and assets of $9.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for De La Salle Academy:
Data Sources and Methodology
This transparency report for De La Salle Academy 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.