Educational Records Bureau Inc
Educational Records Bureau Inc shows consistent revenue growth and zero officer compensation.
EIN: 131782470 · New York, NY · NTEE: B93Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.4M |
| Total Expenses | $17.5M |
| Program Spending | 85% |
| Net Assets | $37.7M |
| Transparency Score | 90/100 |
Is Educational Records Bureau Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Educational Records Bureau Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Educational Records Bureau Inc
Educational Records Bureau Inc (EIN: 131782470) is a nonprofit organization based in New York, NY, classified under NTEE code B93Z. The organization reported total revenue of $29.4M and total assets of $45.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Records Bureau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Records Bureau Inc is a large nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.3M |
| Total Expenses | $17.5M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $40.3M |
| Total Liabilities | $2.6M |
| Net Assets | $37.7M |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 27.7 months |
Financial Health Grade: A
In 2023, Educational Records Bureau Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 27.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Educational Records Bureau Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +7.2% | +13.1% |
| 2022 | +30.8% | +17.0% | -3.2% |
| 2021 | +8.9% | -13.0% | +16.2% |
| 2020 | -34.1% | -20.0% | -5.6% |
| 2019 | +12.5% | -3.3% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
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 Educational Records Bureau 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: 85%
- fundraising: 5%
According to IRS 990 filings, Educational Records Bureau Inc 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 surplus of $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
The Educational Records Bureau Inc consistently reports 0% officer compensation across all provided filing periods, indicating that no compensation is paid to officers, which is highly unusual and suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Educational Records Bureau Inc:
- Consistent revenue growth, from $14,452,095 in 2020 to $21,340,615 in 2023.
- Zero officer compensation reported across all filing periods, indicating high transparency and mission focus.
- Growing asset base, from $31,707,590 in 2020 to $40,343,806 in 2023, demonstrating financial stability.
- Relatively low liabilities compared to assets, suggesting good financial health.
Frequently Asked Questions about Educational Records Bureau Inc
Is Educational Records Bureau Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Educational Records Bureau Inc (EIN: 131782470) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Educational Records Bureau Inc spend its money?
Educational Records Bureau Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Educational Records Bureau Inc tax-deductible?
Educational Records Bureau Inc is registered as a tax-exempt nonprofit (EIN: 131782470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Educational Records Bureau Inc's spending goes to programs?
Educational Records Bureau Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Educational Records Bureau Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Educational Records Bureau Inc is above average for NTEE category B93Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Educational Records Bureau Inc located?
Educational Records Bureau Inc is headquartered in New York, New York and files with the IRS under EIN 131782470. It is classified under NTEE code B93Z.
How many years of IRS 990 filings does Educational Records Bureau Inc have?
Educational Records Bureau Inc 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 $29.4M in total revenue.
Is Educational Records Bureau Inc a good charity?
Based on the provided data, ERB appears to be a financially sound organization with consistent revenue growth and a notable commitment to transparency by reporting 0% officer compensation. This suggests a strong focus on its mission and efficient use of funds at the executive level.
How has ERB's revenue trended over the past few years?
ERB's revenue has shown a positive upward trend, increasing from $14,452,095 in 2020 to $21,340,615 in 2023, indicating healthy financial growth.
What is the organization's stance on executive compensation?
The organization consistently reports 0% officer compensation, which is a strong indicator of fiscal responsibility and a dedication to allocating resources directly to its programs rather than executive salaries.
Filing History
IRS 990 filing history for Educational Records Bureau Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Educational Records Bureau Inc's revenue has grown by 26.9%, moving from $16.8M to $21.3M. Total assets increased by 4.7% over the same period, from $38.5M to $40.3M. Total functional expenses rose by 15.6%, from $15.1M to $17.5M. In its most recent filing year (2023), Educational Records Bureau Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $40.3M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $37.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.3M | $17.5M | $40.3M | $2.6M | — | View 990 |
| 2022 | $20.6M | $16.3M | $35.7M | $2.7M | — | View 990 |
| 2021 | $15.7M | $13.9M | $36.8M | $3.3M | — | View 990 |
| 2020 | $14.5M | $16.0M | $31.7M | $4.3M | — | View 990 |
| 2019 | $21.9M | $20.0M | $33.6M | $2.3M | — | View 990 |
| 2018 | $19.5M | $20.7M | $35.6M | $4.3M | — | View 990 |
| 2017 | $18.8M | $20.0M | $36.0M | $3.9M | — | View 990 |
| 2016 | $17.0M | $19.1M | $35.3M | $3.5M | — | View 990 |
| 2015 | $17.2M | $19.3M | $38.6M | $3.5M | — | View 990 |
| 2014 | $17.3M | $18.5M | $42.4M | $4.1M | — | View 990 |
| 2013 | $17.8M | $16.2M | $40.0M | $2.6M | — | View 990 |
| 2012 | $16.9M | $17.8M | $37.0M | $2.4M | — | View 990 |
| 2011 | $16.8M | $15.1M | $38.5M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.3M, expenses of $17.5M, and assets of $40.3M (revenue +3.7% year-over-year).
- 2022: Revenue of $20.6M, expenses of $16.3M, and assets of $35.7M (revenue +30.8% year-over-year).
- 2021: Revenue of $15.7M, expenses of $13.9M, and assets of $36.8M (revenue +8.9% year-over-year).
- 2020: Revenue of $14.5M, expenses of $16.0M, and assets of $31.7M (revenue -34.1% year-over-year).
- 2019: Revenue of $21.9M, expenses of $20.0M, and assets of $33.6M (revenue +12.5% year-over-year).
- 2018: Revenue of $19.5M, expenses of $20.7M, and assets of $35.6M (revenue +3.6% year-over-year).
- 2017: Revenue of $18.8M, expenses of $20.0M, and assets of $36.0M (revenue +11.0% year-over-year).
- 2016: Revenue of $17.0M, expenses of $19.1M, and assets of $35.3M (revenue -1.6% year-over-year).
- 2015: Revenue of $17.2M, expenses of $19.3M, and assets of $38.6M (revenue -0.1% year-over-year).
- 2014: Revenue of $17.3M, expenses of $18.5M, and assets of $42.4M (revenue -3.1% year-over-year).
- 2013: Revenue of $17.8M, expenses of $16.2M, and assets of $40.0M (revenue +5.6% year-over-year).
- 2012: Revenue of $16.9M, expenses of $17.8M, and assets of $37.0M (revenue +0.3% year-over-year).
- 2011: Revenue of $16.8M, expenses of $15.1M, and assets of $38.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Records Bureau Inc:
Data Sources and Methodology
This transparency report for Educational Records Bureau 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.