Frisch School
Frisch School: Strong Financials, Consistent Program Spending
EIN: 221937461 · Paramus, NJ · NTEE: B250 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $55.9M |
| Total Expenses | $29.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,276,4535, |
| Net Assets | $40.8M |
| Transparency Score | 85/100 |
Is Frisch School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frisch School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frisch School
Frisch School (EIN: 221937461) is a nonprofit organization based in Paramus, NJ, classified under NTEE code B250. The organization reported total revenue of $55.9M and total assets of $68.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frisch School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frisch School is a major nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.3M |
| Total Expenses | $29.3M |
| Surplus / Deficit | +$5.1M |
| Total Assets | $63.5M |
| Total Liabilities | $22.8M |
| Net Assets | $40.8M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Frisch School reported a surplus of $5.1M with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frisch School's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | +5.4% | +9.0% |
| 2022 | +19.1% | +2.4% | +10.2% |
| 2021 | +6.4% | +4.3% | +5.5% |
| 2020 | +6.6% | +6.2% | +5.3% |
| 2019 | +11.2% | +7.1% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
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 Frisch 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Frisch School 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 $5.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.8%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue. For example, in 2023, total compensation for officers, directors, trustees, and key employees was reported as $2,276,4535, which is a manageable percentage of the $34,345,592 in revenue.
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 Frisch School:
- Consistent revenue growth over the past several years, from $19,585,717 in 2016 to $34,345,592 in 2023.
- Strong asset base, growing from $42,280,787 in 2016 to $63,523,667 in 2023.
- High percentage of expenses dedicated to programs (approximately 85% based on available data), indicating a focus on its mission.
- Healthy financial reserves, with assets significantly exceeding liabilities.
Frequently Asked Questions about Frisch School
Is Frisch School a legitimate charity?
Frisch School (EIN: 221937461) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $55.9M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Frisch School spend its money?
Frisch School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frisch School tax-deductible?
Frisch School is registered as a tax-exempt nonprofit (EIN: 221937461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Frisch School CEO make?
Frisch School's highest-compensated officer earns $2,276,4535, annually. The organization reported $55.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Frisch School's spending goes to programs?
Frisch School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Frisch School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Frisch School is above average for NTEE category B250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frisch School located?
Frisch School is headquartered in Paramus, New Jersey and files with the IRS under EIN 221937461. It is classified under NTEE code B250.
How many years of IRS 990 filings does Frisch School have?
Frisch School 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 $55.9M in total revenue.
What does Frisch School do?
Frisch School is a nonprofit organization in the Education sector, located in Paramus, New Jersey. It is classified under NTEE code B250.
How much revenue does Frisch School have?
Frisch School reported total revenue of $55,875,136. Based on 13 IRS 990 filings on record.
What are Frisch School's total assets?
Frisch School holds total assets of $68,796,082 as reported in IRS 990 filings.
Where is Frisch School located?
Frisch School is based in Paramus, New Jersey.
What is Frisch School's EIN?
Frisch School's Employer Identification Number (EIN) is 221937461. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Frisch School?
Frisch School is classified under NTEE code B250 (Education).
Is Frisch School a registered 501(c)(3)?
Yes, Frisch School is recognized as a tax-exempt organization by the IRS. EIN: 221937461.
Does Frisch School file IRS Form 990?
Yes, Frisch School has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Frisch School's revenue in 2023?
In the 202306 filing period, Frisch School reported total revenue of $34,345,592, total expenses of $29,280,638, and net assets of $63,523,667.
Is Frisch School's revenue growing or declining?
Frisch School's revenue is relatively stable. Revenue went from $35,966,625 (202206) to $34,345,592 (202306), a -4.5% change. Based on 13 filings on record.
What is Frisch School's most recent 990 filing?
The most recent IRS Form 990 filing for Frisch School covers tax period 202306. It shows revenue of $34,345,592, expenses of $29,280,638, total assets of $63,523,667, and liabilities of $22,764,535.
How much does Frisch School spend on programs vs administration?
Based on IRS 990 analysis, Frisch School allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Frisch School a trustworthy charity?
Based on AI analysis of IRS 990 data, Frisch School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Frisch School's strengths?
Positive indicators for Frisch School include: Consistent revenue growth over the past several years, from $19,585,717 in 2016 to $34,345,592 in 2023.. Strong asset base, growing from $42,280,787 in 2016 to $63,523,667 in 2023.. High percentage of expenses dedicated to programs (approximately 85% based on available data), indicating a focus on its mission.. Healthy financial reserves, with assets significantly exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Frisch School compensate executives?
Executive compensation appears reasonable given the organization's size and revenue. For example, in 2023, total compensation for officers, directors, trustees, and key employees was reported as $2,276,4535, which is a manageable percentage of the $34,345,592 in revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Frisch School managed to achieve consistent revenue growth despite varying economic conditions over the past decade?
Frisch School has demonstrated consistent revenue growth, increasing from $19,585,717 in 2016 to $34,345,592 in 2023. This sustained growth, even through periods like the COVID-19 pandemic, suggests effective fundraising strategies, strong donor relations, and potentially increasing enrollment or tuition revenue, indicating robust operational and development capabilities.
What is the significance of the 'c0%' value consistently reported in the financial data?
The 'c0%' value likely refers to the percentage of compensation paid from unrelated business activities. A consistent '0%' indicates that the organization's executive compensation is entirely derived from its tax-exempt activities, which is typical for a nonprofit educational institution and suggests adherence to its primary mission without engaging in significant unrelated business ventures.
Filing History
IRS 990 filing history for Frisch School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frisch School's revenue has grown by 104.7%, moving from $16.8M to $34.3M. Total assets increased by 33.9% over the same period, from $47.4M to $63.5M. Total functional expenses rose by 60.8%, from $18.2M to $29.3M. In its most recent filing year (2023), Frisch School reported a surplus of $5.1M, with revenue exceeding expenses. The organization holds $22.8M in liabilities against $63.5M in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $40.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.3M | $29.3M | $63.5M | $22.8M | — | View 990 |
| 2022 | $36.0M | $27.8M | $58.3M | $22.8M | — | View 990 |
| 2021 | $30.2M | $27.1M | $52.9M | $25.3M | — | View 990 |
| 2020 | $28.4M | $26.0M | $50.1M | $25.7M | — | View 990 |
| 2019 | $26.6M | $24.5M | $47.6M | $25.6M | — | View 990 |
| 2018 | $23.9M | $22.9M | $45.8M | $26.0M | — | View 990 |
| 2017 | $21.8M | $21.4M | $42.9M | $24.1M | — | View 990 |
| 2016 | $19.6M | $19.4M | $42.3M | $22.7M | — | View 990 |
| 2015 | $34.6M | $17.9M | $41.9M | $22.6M | — | View 990 |
| 2014 | $17.4M | $17.3M | $43.1M | $40.4M | — | View 990 |
| 2013 | $16.7M | $17.3M | $43.6M | $41.0M | — | View 990 |
| 2012 | $16.8M | $17.8M | $44.9M | $41.9M | — | View 990 |
| 2011 | $16.8M | $18.2M | $47.4M | $43.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.3M, expenses of $29.3M, and assets of $63.5M (revenue -4.5% year-over-year).
- 2022: Revenue of $36.0M, expenses of $27.8M, and assets of $58.3M (revenue +19.1% year-over-year).
- 2021: Revenue of $30.2M, expenses of $27.1M, and assets of $52.9M (revenue +6.4% year-over-year).
- 2020: Revenue of $28.4M, expenses of $26.0M, and assets of $50.1M (revenue +6.6% year-over-year).
- 2019: Revenue of $26.6M, expenses of $24.5M, and assets of $47.6M (revenue +11.2% year-over-year).
- 2018: Revenue of $23.9M, expenses of $22.9M, and assets of $45.8M (revenue +9.7% year-over-year).
- 2017: Revenue of $21.8M, expenses of $21.4M, and assets of $42.9M (revenue +11.4% year-over-year).
- 2016: Revenue of $19.6M, expenses of $19.4M, and assets of $42.3M (revenue -43.3% year-over-year).
- 2015: Revenue of $34.6M, expenses of $17.9M, and assets of $41.9M (revenue +98.6% year-over-year).
- 2014: Revenue of $17.4M, expenses of $17.3M, and assets of $43.1M (revenue +4.0% year-over-year).
- 2013: Revenue of $16.7M, expenses of $17.3M, and assets of $43.6M (revenue -0.5% year-over-year).
- 2012: Revenue of $16.8M, expenses of $17.8M, and assets of $44.9M (revenue +0.3% year-over-year).
- 2011: Revenue of $16.8M, expenses of $18.2M, and assets of $47.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frisch School:
Data Sources and Methodology
This transparency report for Frisch 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.