East Woods School Inc
East Woods School Inc. consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 111554072 · Oyster Bay, NY · NTEE: B200 · Updated: 2026-03-28
About East Woods School Inc
East Woods School Inc (EIN: 111554072) is a nonprofit organization based in Oyster Bay, NY, classified under NTEE code B200. The organization reported total revenue of $12.6M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Woods School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Woods 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: 90%
- fundraising: 0%
According to IRS 990 filings, East Woods School Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues exceeding $8 million. This suggests either a fully volunteer executive leadership or compensation is categorized differently on the 990, warranting further investigation for complete transparency.
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 East Woods School Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for East Woods School Inc:
- Consistent positive net income, with revenue exceeding expenses in most recent periods (e.g., $8,817,749 revenue vs. $7,944,761 expenses in 202406).
- Steady growth in assets over time, indicating strong financial management and accumulation of resources (e.g., assets grew from $12,090,305 in 202006 to $16,545,527 in 202406).
- Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $4,304,670 liabilities vs. $16,545,527 assets in 202406).
- Strong program focus implied by the absence of reported fundraising or officer compensation expenses, suggesting resources are directed towards the mission.
Frequently Asked Questions about East Woods School Inc
How does East Woods School Inc. manage to report 0% officer compensation consistently?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the school's leadership is entirely volunteer-based, or that compensation for key executives is reported under different expense categories, such as salaries for staff, rather than specifically as 'officer compensation'. Further detail from the organization's financial statements would be needed to clarify this.
What is the primary source of East Woods School Inc.'s revenue?
While the filings provide total revenue, they do not detail the specific breakdown (e.g., tuition, donations, investments). Given it is a school, a significant portion is likely from tuition and related fees, supplemented by donations and investment income.
Is East Woods School Inc. financially stable?
Yes, East Woods School Inc. appears financially stable. It has consistently generated more revenue than expenses in recent years, leading to a steady increase in assets from $12,090,305 in 202006 to $16,545,527 in 202406. Liabilities are also well-managed relative to assets.
Filing History
IRS 990 filing history for East Woods School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), East Woods School Inc's revenue has grown by 38%, moving from $6.4M to $8.8M. Total assets increased by 7.5% over the same period, from $15.4M to $16.5M. Total functional expenses rose by 11.5%, from $7.1M to $7.9M. In its most recent filing year (2024), East Woods School Inc reported a surplus of $873K, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $16.5M in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $8.8M | $7.9M | $16.5M | $4.3M | — | View 990 |
| 2023 | $8.1M | $7.6M | $14.7M | $3.5M | — | View 990 |
| 2022 | $7.9M | $7.3M | $14.0M | $3.5M | — | View 990 |
| 2021 | $6.7M | $6.5M | $14.1M | $3.5M | — | View 990 |
| 2020 | $7.2M | $6.9M | $12.1M | $2.3M | — | View 990 |
| 2019 | $8.3M | $7.3M | $12.4M | $2.8M | — | View 990 |
| 2018 | $7.2M | $7.3M | $12.1M | $3.6M | — | View 990 |
| 2017 | $6.8M | $8.1M | $12.6M | $4.1M | — | View 990 |
| 2016 | $6.7M | $7.5M | $13.5M | $4.0M | — | View 990 |
| 2015 | $6.8M | $6.9M | $14.5M | $3.9M | — | View 990 |
| 2014 | $6.4M | $6.7M | $14.8M | $3.6M | — | View 990 |
| 2013 | $6.5M | $6.8M | $14.8M | $3.7M | — | View 990 |
| 2012 | $6.4M | $7.1M | $15.4M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.8M, expenses of $7.9M, and assets of $16.5M (revenue +8.8% year-over-year).
- 2023: Revenue of $8.1M, expenses of $7.6M, and assets of $14.7M (revenue +2.1% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.3M, and assets of $14.0M (revenue +17.6% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.5M, and assets of $14.1M (revenue -5.9% year-over-year).
- 2020: Revenue of $7.2M, expenses of $6.9M, and assets of $12.1M (revenue -13.9% year-over-year).
- 2019: Revenue of $8.3M, expenses of $7.3M, and assets of $12.4M (revenue +15.0% year-over-year).
- 2018: Revenue of $7.2M, expenses of $7.3M, and assets of $12.1M (revenue +6.1% year-over-year).
- 2017: Revenue of $6.8M, expenses of $8.1M, and assets of $12.6M (revenue +2.5% year-over-year).
- 2016: Revenue of $6.7M, expenses of $7.5M, and assets of $13.5M (revenue -1.6% year-over-year).
- 2015: Revenue of $6.8M, expenses of $6.9M, and assets of $14.5M (revenue +6.1% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.7M, and assets of $14.8M (revenue -1.2% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.8M, and assets of $14.8M (revenue +1.0% year-over-year).
- 2012: Revenue of $6.4M, expenses of $7.1M, and assets of $15.4M.
Data Sources and Methodology
This transparency report for East Woods 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.