French American School Of New York Inc
French American School Of New York maintains consistent surpluses and asset growth with no reported officer compensation.
EIN: 133052502 · Mamaroneck, NY · NTEE: A74Z · Updated: 2026-03-28
Is French American School Of New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
French American School Of New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About French American School Of New York Inc
French American School Of New York Inc (EIN: 133052502) is a nonprofit organization based in Mamaroneck, NY, classified under NTEE code A74Z. The organization reported total revenue of $34.3M and total assets of $51.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French American School Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
French American School Of New York Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.9M |
| Total Expenses | $28.8M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $46.5M |
| Total Liabilities | $22.5M |
| Net Assets | $23.9M |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 48.5% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2023, French American School Of New York Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 48.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), French American School Of New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.6% | +11.8% | +26.6% |
| 2022 | +47.1% | +6.5% | +17.8% |
| 2021 | -6.7% | -3.5% | -19.5% |
| 2020 | +2.1% | -3.0% | +2.0% |
| 2019 | -3.0% | -2.9% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 French American School Of New York 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, French American School Of New York 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 $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $30 million. This suggests that either executive leadership is entirely volunteer-based, or compensation is structured in a way that is not reported under 'officer compensation' on the 990, warranting further scrutiny for full 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 French American School Of New York Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure executive pay details.
- Lack of detailed functional expense breakdown in provided data, hindering precise spending efficiency analysis.
Strengths
The following positive indicators were identified for French American School Of New York Inc:
- Consistent financial surpluses, indicating sound fiscal management (e.g., $2,032,563 surplus in 202306).
- Significant asset growth over the past decade, from $28.7M in 2014 to $46.5M in 2023, enhancing long-term stability.
- Healthy asset-to-liability ratio, with assets consistently exceeding liabilities.
- Stable and growing revenue streams, demonstrating sustained operational capacity.
Frequently Asked Questions about French American School Of New York Inc
Is French American School Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, French American School Of New York Inc (EIN: 133052502) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does French American School Of New York Inc spend its money?
French American School Of New York Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to French American School Of New York Inc tax-deductible?
French American School Of New York Inc is registered as a tax-exempt nonprofit (EIN: 133052502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How are key executives compensated if 'Officer Comp' is consistently 0%?
The IRS 990 filings consistently show 0% for officer compensation. This could mean that the highest-ranking individuals are volunteers, or their compensation is reported under different categories (e.g., 'salaries and wages' for employees rather than 'officers'), or they are compensated by an affiliated entity. Further investigation into Schedule J of the 990 or other financial statements would be needed to understand the full compensation structure for key management personnel.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed functional expense breakdown. To assess spending efficiency accurately, one would need to review Part IX of the IRS Form 990, 'Statement of Functional Expenses,' which delineates how expenses are allocated across program services, management and general, and fundraising activities.
What is the primary source of the organization's revenue?
While the summary shows total revenue, the specific sources (e.g., tuition fees, contributions, grants, investment income) are not detailed. Given its NTEE code as an educational institution, tuition fees are likely a significant component, but a review of Part VIII of the 990, 'Statement of Revenue,' would provide a precise breakdown.
Filing History
IRS 990 filing history for French American School Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), French American School Of New York Inc's revenue has grown by 56.7%, moving from $19.7M to $30.9M. Total assets increased by 115.3% over the same period, from $21.6M to $46.5M. Total functional expenses rose by 60.1%, from $18.0M to $28.8M. In its most recent filing year (2023), French American School Of New York Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $22.5M in liabilities against $46.5M in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $23.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.9M | $28.8M | $46.5M | $22.5M | — | — |
| 2022 | $37.4M | $25.8M | $36.7M | $15.5M | — | View 990 |
| 2021 | $25.5M | $24.2M | $31.2M | $21.4M | — | View 990 |
| 2020 | $27.3M | $25.1M | $38.7M | $18.4M | — | View 990 |
| 2019 | $26.7M | $25.9M | $38.0M | $19.9M | — | View 990 |
| 2018 | $27.6M | $26.7M | $38.1M | $20.8M | — | View 990 |
| 2017 | $27.4M | $26.7M | $36.6M | $20.2M | — | View 990 |
| 2016 | $26.6M | $25.7M | $34.9M | $18.8M | — | View 990 |
| 2015 | $25.4M | $23.8M | $34.4M | $19.1M | — | View 990 |
| 2014 | $24.1M | $23.0M | $28.7M | $15.0M | — | View 990 |
| 2013 | $22.8M | $21.8M | $25.2M | $12.7M | — | View 990 |
| 2012 | $22.5M | $21.1M | $24.1M | $12.6M | — | View 990 |
| 2011 | $19.7M | $18.0M | $21.6M | $11.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.9M, expenses of $28.8M, and assets of $46.5M (revenue -17.6% year-over-year).
- 2022: Revenue of $37.4M, expenses of $25.8M, and assets of $36.7M (revenue +47.1% year-over-year).
- 2021: Revenue of $25.5M, expenses of $24.2M, and assets of $31.2M (revenue -6.7% year-over-year).
- 2020: Revenue of $27.3M, expenses of $25.1M, and assets of $38.7M (revenue +2.1% year-over-year).
- 2019: Revenue of $26.7M, expenses of $25.9M, and assets of $38.0M (revenue -3.0% year-over-year).
- 2018: Revenue of $27.6M, expenses of $26.7M, and assets of $38.1M (revenue +0.5% year-over-year).
- 2017: Revenue of $27.4M, expenses of $26.7M, and assets of $36.6M (revenue +3.2% year-over-year).
- 2016: Revenue of $26.6M, expenses of $25.7M, and assets of $34.9M (revenue +4.7% year-over-year).
- 2015: Revenue of $25.4M, expenses of $23.8M, and assets of $34.4M (revenue +5.5% year-over-year).
- 2014: Revenue of $24.1M, expenses of $23.0M, and assets of $28.7M (revenue +5.6% year-over-year).
- 2013: Revenue of $22.8M, expenses of $21.8M, and assets of $25.2M (revenue +1.4% year-over-year).
- 2012: Revenue of $22.5M, expenses of $21.1M, and assets of $24.1M (revenue +14.0% year-over-year).
- 2011: Revenue of $19.7M, expenses of $18.0M, and assets of $21.6M.
Data Sources and Methodology
This transparency report for French American School Of New York 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.