Fred S Keller School
Fred S Keller School maintains stable finances and growing assets with no reported officer compensation.
EIN: 133363868 · Yonkers, NY · NTEE: B28Z · Updated: 2026-03-28
Is Fred S Keller School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fred S Keller School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fred S Keller School
Fred S Keller School (EIN: 133363868) is a nonprofit organization based in Yonkers, NY, classified under NTEE code B28Z. The organization reported total revenue of $17.7M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fred S Keller 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 Fred S Keller 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Fred S Keller School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Fred S Keller School consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $16 million. This suggests either a volunteer leadership model or that executive compensation is reported under different expense categories, 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 Fred S Keller School's IRS 990 filings:
- Unusual 0% reported officer compensation for an organization of this size, potentially obscuring full executive compensation details.
Strengths
The following positive indicators were identified for Fred S Keller School:
- Consistent financial stability with revenues generally covering expenses.
- Significant growth in assets over the past decade, indicating strong financial management.
- No reported officer compensation, suggesting high efficiency or a volunteer-led model.
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Fred S Keller School
Is Fred S Keller School a legitimate charity?
Based on AI analysis of IRS 990 filings, Fred S Keller School (EIN: 133363868) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Fred S Keller School spend its money?
Fred S Keller School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fred S Keller School tax-deductible?
Fred S Keller School is registered as a tax-exempt nonprofit (EIN: 133363868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Fred S Keller School manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues exceeding $16 million. This could indicate a volunteer leadership structure, or that compensation for key personnel is categorized differently within the financial statements, such as under program or administrative expenses, rather than explicitly as officer compensation.
What is the specific breakdown of program, administrative, and fundraising expenses?
Without the detailed functional expense breakdown from the IRS Form 990, it is not possible to provide exact percentages. However, based on the consistent near-break-even financial performance and the absence of reported officer compensation, it is reasonable to infer that a significant majority of expenses are directed towards program services.
How has the organization managed to significantly grow its assets over the past decade?
The organization's assets have grown substantially from $2,442,805 in 2014 to $8,338,548 in 2023. This growth suggests effective financial management, potentially through strategic investments, accumulation of reserves from periods of revenue exceeding expenses (e.g., 2021 where revenue exceeded expenses by over $1 million), or capital improvements.
Filing History
IRS 990 filing history for Fred S Keller School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fred S Keller School's revenue has grown by 114.8%, moving from $7.5M to $16.2M. Total assets increased by 333.6% over the same period, from $1.9M to $8.3M. Total functional expenses rose by 124.9%, from $7.3M to $16.4M. In its most recent filing year (2023), Fred S Keller School reported a deficit of $218K, with expenses exceeding revenue. The organization holds $6.5M in liabilities against $8.3M in assets (debt-to-asset ratio: 78.2%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16.2M | $16.4M | $8.3M | $6.5M | — | — |
| 2022 | $14.5M | $14.6M | $5.0M | $3.0M | — | View 990 |
| 2021 | $14.1M | $13.1M | $5.9M | $3.7M | — | View 990 |
| 2020 | $14.4M | $14.2M | $5.0M | $3.9M | — | View 990 |
| 2019 | $13.0M | $13.0M | $3.3M | $2.4M | — | View 990 |
| 2018 | $11.6M | $11.7M | $2.6M | $1.6M | — | View 990 |
| 2017 | $11.1M | $11.1M | $2.6M | $1.5M | — | View 990 |
| 2016 | $11.1M | $11.0M | $2.5M | $1.4M | — | View 990 |
| 2015 | $10.2M | $10.2M | $2.5M | $1.6M | — | View 990 |
| 2014 | $9.2M | $9.1M | $2.4M | $1.6M | — | View 990 |
| 2013 | $9.1M | $9.1M | $2.4M | $1.5M | — | View 990 |
| 2012 | $8.0M | $7.9M | $1.8M | $924K | — | View 990 |
| 2011 | $7.5M | $7.3M | $1.9M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.2M, expenses of $16.4M, and assets of $8.3M (revenue +11.6% year-over-year).
- 2022: Revenue of $14.5M, expenses of $14.6M, and assets of $5.0M (revenue +2.8% year-over-year).
- 2021: Revenue of $14.1M, expenses of $13.1M, and assets of $5.9M (revenue -2.1% year-over-year).
- 2020: Revenue of $14.4M, expenses of $14.2M, and assets of $5.0M (revenue +11.0% year-over-year).
- 2019: Revenue of $13.0M, expenses of $13.0M, and assets of $3.3M (revenue +11.3% year-over-year).
- 2018: Revenue of $11.6M, expenses of $11.7M, and assets of $2.6M (revenue +4.6% year-over-year).
- 2017: Revenue of $11.1M, expenses of $11.1M, and assets of $2.6M (revenue +0.1% year-over-year).
- 2016: Revenue of $11.1M, expenses of $11.0M, and assets of $2.5M (revenue +8.9% year-over-year).
- 2015: Revenue of $10.2M, expenses of $10.2M, and assets of $2.5M (revenue +10.5% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.1M, and assets of $2.4M (revenue +1.7% year-over-year).
- 2013: Revenue of $9.1M, expenses of $9.1M, and assets of $2.4M (revenue +13.4% year-over-year).
- 2012: Revenue of $8.0M, expenses of $7.9M, and assets of $1.8M (revenue +6.4% year-over-year).
- 2011: Revenue of $7.5M, expenses of $7.3M, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Fred S Keller 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.