Expanded Schools Inc
Expanded Schools Inc. maintains stable finances with growing assets and no reported officer compensation.
EIN: 134004600 · New York, NY · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.5M |
| Total Expenses | $14.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $12.2M |
| Transparency Score | 85/100 |
Is Expanded Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Expanded Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Expanded Schools Inc
Expanded Schools Inc (EIN: 134004600) is a nonprofit organization based in New York, NY, classified under NTEE code P80. The organization reported total revenue of $20.5M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Expanded Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Expanded Schools Inc is a large nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.4M |
| Total Expenses | $14.0M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $16.4M |
| Total Liabilities | $4.2M |
| Net Assets | $12.2M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 25.6% |
| Months of Reserves | 14.1 months |
Financial Health Grade: A
In 2023, Expanded Schools Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 25.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Expanded Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +17.1% | +16.9% |
| 2022 | +21.4% | -6.0% | +15.7% |
| 2021 | -6.3% | +10.6% | -4.0% |
| 2020 | +0.3% | -6.5% | +10.7% |
| 2019 | +9.6% | -8.0% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Expanded Schools 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Expanded Schools 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $10 million and suggests either a fully volunteer executive team or that compensation is categorized differently, requiring further scrutiny for a complete understanding of leadership costs.
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 Expanded Schools Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring true leadership costs.
Strengths
The following positive indicators were identified for Expanded Schools Inc:
- Consistent revenue generation, averaging over $14 million annually.
- Healthy growth in net assets, increasing from $10.6 million in 2018 to $16.4 million in 2023.
- Positive operating margins in recent years, with revenue exceeding expenses (e.g., $1.4 million surplus in 2023).
- Strong financial stability with assets significantly exceeding liabilities.
Frequently Asked Questions about Expanded Schools Inc
Is Expanded Schools Inc a legitimate charity?
Expanded Schools Inc (EIN: 134004600) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Expanded Schools Inc spend its money?
Expanded Schools Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Expanded Schools Inc tax-deductible?
Expanded Schools Inc is registered as a tax-exempt nonprofit (EIN: 134004600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Expanded Schools Inc CEO make?
Expanded Schools Inc's highest-compensated officer earns $10 annually. The organization reported $20.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Expanded Schools Inc's spending goes to programs?
Expanded Schools Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Expanded Schools Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Expanded Schools Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Expanded Schools Inc located?
Expanded Schools Inc is headquartered in New York, New York and files with the IRS under EIN 134004600. It is classified under NTEE code P80.
How many years of IRS 990 filings does Expanded Schools Inc have?
Expanded Schools 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 $20.5M in total revenue.
How does Expanded Schools Inc. manage to report 0% officer compensation with over $15 million in annual revenue?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It suggests either that all executive leadership is purely volunteer, or that compensation for key personnel is categorized under other expense lines (e.g., program or administrative salaries) rather than specifically as 'officer compensation' on the 990 form. Further detail from their audited financial statements would be needed to clarify this.
What is the trend in Expanded Schools Inc.'s net assets?
Expanded Schools Inc. has shown a positive trend in net assets, growing from $10.6 million in 2018 to $16.4 million in 2023. This indicates a healthy accumulation of resources and financial stability over time.
Is Expanded Schools Inc. financially stable?
Yes, Expanded Schools Inc. appears financially stable. In recent years (2022 and 2023), their revenues have consistently exceeded expenses, leading to surpluses ($2.6 million in 2022 and $1.4 million in 2023). Their assets have also steadily increased, reaching $16.4 million in 2023, while liabilities remain manageable relative to assets.
Filing History
IRS 990 filing history for Expanded Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Expanded Schools Inc's revenue has grown by 0.8%, moving from $15.3M to $15.4M. Total assets decreased by 1.1% over the same period, from $16.6M to $16.4M. Total functional expenses fell by 15.1%, from $16.5M to $14.0M. In its most recent filing year (2023), Expanded Schools Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $4.2M in liabilities against $16.4M in assets (debt-to-asset ratio: 25.6%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.4M | $14.0M | $16.4M | $4.2M | — | View 990 |
| 2022 | $14.6M | $12.0M | $14.0M | $3.2M | — | View 990 |
| 2021 | $12.0M | $12.7M | $12.1M | $4.0M | — | View 990 |
| 2020 | $12.8M | $11.5M | $12.6M | $3.8M | — | View 990 |
| 2019 | $12.8M | $12.3M | $11.4M | $3.9M | — | View 990 |
| 2018 | $11.7M | $13.4M | $10.7M | $3.6M | — | View 990 |
| 2017 | $15.9M | $15.0M | $13.4M | $4.6M | — | View 990 |
| 2016 | $13.4M | $16.4M | $11.8M | $3.9M | — | View 990 |
| 2015 | $15.3M | $16.2M | $17.3M | $6.4M | — | View 990 |
| 2014 | $18.5M | $17.3M | $16.7M | $4.9M | — | View 990 |
| 2013 | $12.8M | $15.2M | $14.7M | $4.0M | — | View 990 |
| 2012 | $16.5M | $15.6M | $17.2M | $4.1M | — | View 990 |
| 2011 | $15.3M | $16.5M | $16.6M | $4.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.4M, expenses of $14.0M, and assets of $16.4M (revenue +5.7% year-over-year).
- 2022: Revenue of $14.6M, expenses of $12.0M, and assets of $14.0M (revenue +21.4% year-over-year).
- 2021: Revenue of $12.0M, expenses of $12.7M, and assets of $12.1M (revenue -6.3% year-over-year).
- 2020: Revenue of $12.8M, expenses of $11.5M, and assets of $12.6M (revenue +0.3% year-over-year).
- 2019: Revenue of $12.8M, expenses of $12.3M, and assets of $11.4M (revenue +9.6% year-over-year).
- 2018: Revenue of $11.7M, expenses of $13.4M, and assets of $10.7M (revenue -26.5% year-over-year).
- 2017: Revenue of $15.9M, expenses of $15.0M, and assets of $13.4M (revenue +18.6% year-over-year).
- 2016: Revenue of $13.4M, expenses of $16.4M, and assets of $11.8M (revenue -12.5% year-over-year).
- 2015: Revenue of $15.3M, expenses of $16.2M, and assets of $17.3M (revenue -17.0% year-over-year).
- 2014: Revenue of $18.5M, expenses of $17.3M, and assets of $16.7M (revenue +44.4% year-over-year).
- 2013: Revenue of $12.8M, expenses of $15.2M, and assets of $14.7M (revenue -22.3% year-over-year).
- 2012: Revenue of $16.5M, expenses of $15.6M, and assets of $17.2M (revenue +7.4% year-over-year).
- 2011: Revenue of $15.3M, expenses of $16.5M, and assets of $16.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Expanded Schools Inc:
Data Sources and Methodology
This transparency report for Expanded 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.