Delaware Valley Classical Schools Inc
EIN: 834247253 · New Castle, DE · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Net Assets | $967K |
Is Delaware Valley Classical Schools Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Valley Classical Schools Inc
Delaware Valley Classical Schools Inc (EIN: 834247253) is a nonprofit organization based in New Castle, DE, classified under NTEE code B24. The organization reported total revenue of $2.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Valley Classical Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Valley Classical Schools Inc is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$256K |
| Total Assets | $1.1M |
| Total Liabilities | $132K |
| Net Assets | $967K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Delaware Valley Classical Schools Inc reported a surplus of $256K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Delaware Valley Classical Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +19.4% | +34.6% |
| 2022 | +15.9% | +8.7% | +26.4% |
| 2021 | -7.9% | -10.0% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Valley Classical Schools Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Delaware Valley Classical Schools Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $256K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.0%.
Frequently Asked Questions about Delaware Valley Classical Schools Inc
Is Delaware Valley Classical Schools Inc a legitimate charity?
Delaware Valley Classical Schools Inc (EIN: 834247253) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: A.
How does Delaware Valley Classical Schools Inc spend its money?
Delaware Valley Classical Schools Inc reported $2.0M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Valley Classical Schools Inc tax-deductible?
Delaware Valley Classical Schools Inc is registered as a tax-exempt nonprofit (EIN: 834247253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Valley Classical Schools Inc located?
Delaware Valley Classical Schools Inc is headquartered in New Castle, Delaware and files with the IRS under EIN 834247253. It is classified under NTEE code B24.
How many years of IRS 990 filings does Delaware Valley Classical Schools Inc have?
Delaware Valley Classical Schools Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Delaware Valley Classical Schools Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Delaware Valley Classical Schools Inc's revenue has grown by 19.3%, moving from $1.6M to $1.9M. Total assets increased by 171.1% over the same period, from $405K to $1.1M. Total functional expenses rose by 16.8%, from $1.4M to $1.7M. In its most recent filing year (2023), Delaware Valley Classical Schools Inc reported a surplus of $256K, with revenue exceeding expenses. The organization holds $132K in liabilities against $1.1M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $967K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $1.1M | $132K | — | View 990 |
| 2022 | $1.7M | $1.4M | $817K | $105K | — | View 990 |
| 2021 | $1.5M | $1.3M | $646K | $261K | — | View 990 |
| 2020 | $1.6M | $1.4M | $405K | $221K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $1.1M (revenue +11.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $817K (revenue +15.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $646K (revenue -7.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $405K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Valley Classical Schools Inc:
Data Sources and Methodology
This transparency report for Delaware Valley Classical Schools 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.