Emma Willard School
Emma Willard School maintains strong asset growth and consistent operational surpluses.
EIN: 141338390 · Troy, NY · NTEE: B250 · Updated: 2026-03-28
Is Emma Willard School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emma Willard School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emma Willard School
Emma Willard School (EIN: 141338390) is a nonprofit organization based in Troy, NY, classified under NTEE code B250. The organization reported total revenue of $121.4M and total assets of $300.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emma Willard School'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 Emma Willard School 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, Emma Willard School 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.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which suggests that either the top executives are not compensated or their compensation is categorized differently within the financial statements, potentially obscuring direct executive pay 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 Emma Willard School's IRS 990 filings:
- Lack of reported officer compensation across all filings, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Emma Willard School:
- Significant asset growth, nearly doubling from $151,920,140 in 2020 to $279,452,116 in 2023.
- Consistent operational surpluses, with revenues generally exceeding expenses in most periods.
- Substantial financial resources with total assets of $300,687,330, indicating long-term stability.
- Strong revenue generation, with the latest reported revenue at $121,368,706.
Frequently Asked Questions about Emma Willard School
Is Emma Willard School a legitimate charity?
Based on AI analysis of IRS 990 filings, Emma Willard School (EIN: 141338390) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Emma Willard School spend its money?
Emma Willard School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Emma Willard School tax-deductible?
Emma Willard School is registered as a tax-exempt nonprofit (EIN: 141338390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Emma Willard School a good charity?
Based on its financial health, consistent surpluses, and significant asset growth, Emma Willard School appears to be a financially well-managed institution. Its mission as an educational institution (NTEE B250) is supported by substantial resources. However, the lack of reported officer compensation in the provided data could be a point for further inquiry regarding transparency.
How has Emma Willard School's financial health changed over time?
The school's financial health has significantly improved, particularly in asset growth, which increased from $151,920,140 in 2020 to $279,452,116 in 2023. Revenue has also shown resilience, with a notable spike in 2021 and consistent operational surpluses in most years, indicating robust financial management.
What caused the large revenue spike in 2021?
The revenue spike to $137,236,966 in 2021, compared to typical revenues around $25-40 million, suggests a significant one-time event such as a major capital campaign contribution, a large endowment gift, or substantial investment gains during that fiscal period.
Filing History
IRS 990 filing history for Emma Willard School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Emma Willard School's revenue has grown by 102.6%, moving from $20.8M to $42.1M. Total assets increased by 98.7% over the same period, from $140.6M to $279.5M. Total functional expenses rose by 53.2%, from $22.4M to $34.3M. In its most recent filing year (2023), Emma Willard School reported a surplus of $7.7M, with revenue exceeding expenses. The organization holds $24.7M in liabilities against $279.5M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $254.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $42.1M | $34.3M | $279.5M | $24.7M | — | — |
| 2022 | $41.1M | $33.4M | $254.1M | $24.9M | — | View 990 |
| 2021 | $137.2M | $27.8M | $275.7M | $25.4M | — | View 990 |
| 2020 | $25.4M | $27.7M | $151.9M | $28.4M | — | View 990 |
| 2019 | $25.8M | $27.2M | $154.2M | $27.6M | — | View 990 |
| 2018 | $31.2M | $25.9M | $154.3M | $28.0M | — | View 990 |
| 2017 | $27.9M | $25.8M | $151.4M | $28.8M | — | View 990 |
| 2016 | $21.5M | $26.0M | $144.5M | $30.6M | — | View 990 |
| 2015 | $41.3M | $24.5M | $157.0M | $35.3M | — | View 990 |
| 2014 | $24.5M | $24.0M | $143.4M | $35.5M | — | View 990 |
| 2013 | $23.2M | $22.9M | $137.5M | $36.5M | — | View 990 |
| 2012 | $16.8M | $22.6M | $134.3M | $36.3M | — | View 990 |
| 2011 | $20.8M | $22.4M | $140.6M | $35.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42.1M, expenses of $34.3M, and assets of $279.5M (revenue +2.3% year-over-year).
- 2022: Revenue of $41.1M, expenses of $33.4M, and assets of $254.1M (revenue -70.0% year-over-year).
- 2021: Revenue of $137.2M, expenses of $27.8M, and assets of $275.7M (revenue +439.7% year-over-year).
- 2020: Revenue of $25.4M, expenses of $27.7M, and assets of $151.9M (revenue -1.3% year-over-year).
- 2019: Revenue of $25.8M, expenses of $27.2M, and assets of $154.2M (revenue -17.3% year-over-year).
- 2018: Revenue of $31.2M, expenses of $25.9M, and assets of $154.3M (revenue +11.8% year-over-year).
- 2017: Revenue of $27.9M, expenses of $25.8M, and assets of $151.4M (revenue +29.6% year-over-year).
- 2016: Revenue of $21.5M, expenses of $26.0M, and assets of $144.5M (revenue -47.9% year-over-year).
- 2015: Revenue of $41.3M, expenses of $24.5M, and assets of $157.0M (revenue +68.6% year-over-year).
- 2014: Revenue of $24.5M, expenses of $24.0M, and assets of $143.4M (revenue +5.5% year-over-year).
- 2013: Revenue of $23.2M, expenses of $22.9M, and assets of $137.5M (revenue +37.9% year-over-year).
- 2012: Revenue of $16.8M, expenses of $22.6M, and assets of $134.3M (revenue -18.9% year-over-year).
- 2011: Revenue of $20.8M, expenses of $22.4M, and assets of $140.6M.
Data Sources and Methodology
This transparency report for Emma Willard School 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.