Education Success Foundation Inc
Education Success Foundation Inc shows strong asset and revenue growth with no reported officer compensation.
EIN: 161557039 · Rochester, NY · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $5.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $25.4M |
| Transparency Score | 85/100 |
Is Education Success Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Success Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Success Foundation Inc
Education Success Foundation Inc (EIN: 161557039) is a nonprofit organization based in Rochester, NY, classified under NTEE code B11. The organization reported total revenue of $12.6M and total assets of $35.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Success Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Success Foundation Inc is a large nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $5.2M |
| Surplus / Deficit | +$3.4M |
| Total Assets | $29.9M |
| Total Liabilities | $4.5M |
| Net Assets | $25.4M |
| Operating Margin | 39.7% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 69.6 months |
Financial Health Grade: A
In 2024, Education Success Foundation Inc reported a surplus of $3.4M with revenue exceeding expenses, holds 69.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Education Success Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.8% | +24.7% | +2.2% |
| 2023 | +12.3% | -9.7% | +32.7% |
| 2022 | +25.6% | +28.0% | -5.7% |
| 2021 | +22.1% | -11.4% | +37.4% |
| 2020 | -1.7% | +3.3% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Education Success Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Education Success Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $8 million and assets nearing $30 million. This suggests that executive compensation may be categorized differently (e.g., as program or administrative salaries rather than 'officer compensation') or that the organization relies on uncompensated leadership, which would be an exceptional model for an entity of this scale.
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 Education Success Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for Education Success Foundation Inc:
- Strong and consistent revenue growth, from $3.30 million in 2015 to $8.54 million in 2024.
- Significant asset accumulation, growing from $7.89 million in 2015 to $29.89 million in 2024.
- Consistent financial surpluses, with expenses always lower than revenue across all reported periods.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., 2024 liabilities of $4.51 million against assets of $29.89 million).
Frequently Asked Questions about Education Success Foundation Inc
Is Education Success Foundation Inc a legitimate charity?
Education Success Foundation Inc (EIN: 161557039) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Education Success Foundation Inc spend its money?
Education Success Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Education Success Foundation Inc tax-deductible?
Education Success Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161557039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Education Success Foundation Inc CEO make?
Education Success Foundation Inc's highest-compensated officer earns $8 annually. The organization reported $12.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Education Success Foundation Inc's spending goes to programs?
Education Success Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education Success Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Education Success Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Success Foundation Inc located?
Education Success Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 161557039. It is classified under NTEE code B11.
How many years of IRS 990 filings does Education Success Foundation Inc have?
Education Success Foundation Inc has 14 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 $12.6M in total revenue.
Is Education Success Foundation Inc a good charity?
Based on its strong financial growth, consistent surpluses, and significant asset accumulation, Education Success Foundation Inc appears to be a financially healthy and well-managed organization. The lack of reported officer compensation is a unique factor that could be viewed positively for resource allocation, assuming leadership is compensated appropriately through other means or volunteers their time effectively.
How does Education Success Foundation Inc manage its executive compensation?
The IRS 990 filings consistently show 0% officer compensation. This is highly unusual for an organization of its size and suggests that executive compensation might be reported under different expense categories (e.g., salaries and wages within program or administrative expenses) or that the organization's leadership is entirely uncompensated, which would be an exceptional operational model.
What is the trend in Education Success Foundation Inc's financial health?
The organization demonstrates a strong positive trend in financial health. Revenue has grown from $3.30 million in 2015 to $8.54 million in 2024, and assets have increased from $7.89 million to $29.89 million over the same period. Expenses have consistently remained below revenue, indicating sound financial management and consistent surpluses.
Filing History
IRS 990 filing history for Education Success Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Education Success Foundation Inc's revenue has grown by 527.7%, moving from $1.4M to $8.5M. Total assets increased by 543.5% over the same period, from $4.6M to $29.9M. Total functional expenses rose by 239.3%, from $1.5M to $5.2M. In its most recent filing year (2024), Education Success Foundation Inc reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $29.9M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $25.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.5M | $5.2M | $29.9M | $4.5M | — | View 990 |
| 2023 | $8.9M | $4.1M | $29.2M | $8.4M | — | View 990 |
| 2022 | $7.9M | $4.6M | $22.0M | $6.2M | — | View 990 |
| 2021 | $6.3M | $3.6M | $23.4M | $10.1M | — | View 990 |
| 2020 | $5.2M | $4.0M | $17.0M | $6.7M | — | View 990 |
| 2019 | $5.2M | $3.9M | $14.3M | $5.1M | — | View 990 |
| 2018 | $4.7M | $4.0M | $13.1M | $3.6M | — | View 990 |
| 2017 | $2.8M | $2.6M | $10.3M | $1.7M | — | View 990 |
| 2016 | $4.4M | $2.5M | $9.6M | $1.2M | — | View 990 |
| 2015 | $3.3M | $2.6M | $7.9M | $1.3M | — | View 990 |
| 2014 | $2.1M | $2.2M | $8.3M | $2.4M | — | View 990 |
| 2013 | $4.3M | $1.6M | $9.0M | $3.1M | — | View 990 |
| 2012 | $1.8M | $1.4M | $4.7M | $1.5M | — | View 990 |
| 2011 | $1.4M | $1.5M | $4.6M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.5M, expenses of $5.2M, and assets of $29.9M (revenue -3.8% year-over-year).
- 2023: Revenue of $8.9M, expenses of $4.1M, and assets of $29.2M (revenue +12.3% year-over-year).
- 2022: Revenue of $7.9M, expenses of $4.6M, and assets of $22.0M (revenue +25.6% year-over-year).
- 2021: Revenue of $6.3M, expenses of $3.6M, and assets of $23.4M (revenue +22.1% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.0M, and assets of $17.0M (revenue -1.7% year-over-year).
- 2019: Revenue of $5.2M, expenses of $3.9M, and assets of $14.3M (revenue +10.5% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.0M, and assets of $13.1M (revenue +66.9% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $10.3M (revenue -35.9% year-over-year).
- 2016: Revenue of $4.4M, expenses of $2.5M, and assets of $9.6M (revenue +34.3% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.6M, and assets of $7.9M (revenue +54.2% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.2M, and assets of $8.3M (revenue -49.8% year-over-year).
- 2013: Revenue of $4.3M, expenses of $1.6M, and assets of $9.0M (revenue +131.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.4M, and assets of $4.7M (revenue +35.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.5M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Success Foundation Inc:
Data Sources and Methodology
This transparency report for Education Success Foundation 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.