Harbor Country Day School
Harbor Country Day School shows consistent financial growth and no reported officer compensation.
EIN: 111864959 · Saint James, NY · NTEE: B21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $4.7M |
| Program Spending | 80% |
| Net Assets | $9.2M |
| Transparency Score | 85/100 |
Is Harbor Country Day School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harbor Country Day School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harbor Country Day School
Harbor Country Day School (EIN: 111864959) is a nonprofit organization based in Saint James, NY, classified under NTEE code B21Z. The organization reported total revenue of $7.1M and total assets of $13.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harbor Country Day School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harbor Country Day School is a mid-size nonprofit that has been operating for 66 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$554K |
| Total Assets | $10.9M |
| Total Liabilities | $1.8M |
| Net Assets | $9.2M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 27.6 months |
Financial Health Grade: A
In 2024, Harbor Country Day School reported a surplus of $554K with revenue exceeding expenses, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Harbor Country Day School's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.4% | +6.4% | +5.1% |
| 2023 | -34.1% | -2.7% | +4.7% |
| 2022 | +41.2% | +13.0% | +24.3% |
| 2021 | +22.3% | +20.7% | +16.1% |
| 2020 | -24.9% | -8.4% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1960 |
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 Harbor Country Day 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, Harbor Country Day 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $554K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or compensation levels that fall below IRS reporting thresholds for officers, directors, and trustees. This indicates a strong commitment to directing financial resources towards the school's mission rather than executive salaries.
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 Harbor Country Day School's IRS 990 filings:
- Lack of detailed expense breakdown prevents precise spending efficiency analysis
- Consistent 0% officer compensation might indicate reporting threshold issues or a highly unusual volunteer structure for an organization of this size.
Strengths
The following positive indicators were identified for Harbor Country Day School:
- Consistent revenue generation and positive net income in most periods.
- Significant growth in assets over the past decade, from $1.7M in 2015 to $12.9M currently.
- No reported officer compensation, suggesting resources are directed towards the mission.
- Healthy asset-to-liability ratio, indicating strong financial solvency.
Frequently Asked Questions about Harbor Country Day School
Is Harbor Country Day School a legitimate charity?
Based on AI analysis of IRS 990 filings, Harbor Country Day School (EIN: 111864959) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Harbor Country Day School spend its money?
Harbor Country Day School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harbor Country Day School tax-deductible?
Harbor Country Day School is registered as a tax-exempt nonprofit (EIN: 111864959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harbor Country Day School's spending goes to programs?
Harbor Country Day School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harbor Country Day School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Harbor Country Day School is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harbor Country Day School located?
Harbor Country Day School is headquartered in Saint James, New York and files with the IRS under EIN 111864959. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Harbor Country Day School have?
Harbor Country Day School has 14 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 $7.1M in total revenue.
Is Harbor Country Day School financially stable?
Yes, Harbor Country Day School appears financially stable. Its assets have grown significantly from $1,762,156 in 201506 to $12,998,314 currently, and it consistently generates more revenue than expenses in most recent periods, such as $5,298,413 revenue against $4,744,389 expenses in 202406.
How has the organization's revenue trended over time?
Harbor Country Day School's revenue has shown a general upward trend, with some fluctuations. It increased from $2,934,832 in 201506 to $7,092,314 currently, indicating strong growth in its financial capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all provided filings, which is highly unusual for an organization of its size and suggests that its leadership may be entirely volunteer-based or compensated below IRS reporting thresholds.
Are the organization's assets growing?
Yes, the organization's assets have shown substantial growth, increasing from $1,762,156 in 201506 to $12,998,314 currently, reflecting strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Harbor Country Day School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Harbor Country Day School's revenue has grown by 126%, moving from $2.3M to $5.3M. Total assets increased by 90.8% over the same period, from $5.7M to $10.9M. Total functional expenses rose by 82.2%, from $2.6M to $4.7M. In its most recent filing year (2024), Harbor Country Day School reported a surplus of $554K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $10.9M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.3M | $4.7M | $10.9M | $1.8M | — | View 990 |
| 2023 | $4.5M | $4.5M | $10.4M | $2.0M | — | View 990 |
| 2022 | $6.8M | $4.6M | $9.9M | $1.8M | — | View 990 |
| 2021 | $4.8M | $4.1M | $8.0M | $2.0M | — | View 990 |
| 2020 | $3.9M | $3.4M | $6.9M | $1.7M | — | View 990 |
| 2019 | $5.2M | $3.7M | $6.3M | $1.6M | — | View 990 |
| 2018 | $6.6M | $3.5M | $4.8M | $1.7M | — | View 990 |
| 2017 | $3.3M | $3.3M | $1.9M | $1.9M | — | View 990 |
| 2016 | $3.2M | $3.0M | $1.7M | $1.7M | — | View 990 |
| 2015 | $2.9M | $2.9M | $1.8M | $2.0M | — | View 990 |
| 2014 | $3.0M | $3.1M | $1.7M | $1.9M | — | View 990 |
| 2013 | $2.6M | $3.0M | $1.5M | $1.7M | — | View 990 |
| 2012 | $2.2M | $2.5M | $5.6M | $1.4M | — | View 990 |
| 2011 | $2.3M | $2.6M | $5.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.3M, expenses of $4.7M, and assets of $10.9M (revenue +18.4% year-over-year).
- 2023: Revenue of $4.5M, expenses of $4.5M, and assets of $10.4M (revenue -34.1% year-over-year).
- 2022: Revenue of $6.8M, expenses of $4.6M, and assets of $9.9M (revenue +41.2% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.1M, and assets of $8.0M (revenue +22.3% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.4M, and assets of $6.9M (revenue -24.9% year-over-year).
- 2019: Revenue of $5.2M, expenses of $3.7M, and assets of $6.3M (revenue -20.3% year-over-year).
- 2018: Revenue of $6.6M, expenses of $3.5M, and assets of $4.8M (revenue +101.4% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.3M, and assets of $1.9M (revenue +0.6% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.0M, and assets of $1.7M (revenue +10.5% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $1.8M (revenue -3.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.1M, and assets of $1.7M (revenue +15.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $3.0M, and assets of $1.5M (revenue +22.2% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.5M, and assets of $5.6M (revenue -8.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.6M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harbor Country Day School:
Data Sources and Methodology
This transparency report for Harbor Country Day 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.