Hayground School Inc
Hayground School Inc. consistently operates with revenues generally covering expenses and reports no officer compensation.
EIN: 113365670 · Bridgehampton, NY · NTEE: B240 · Updated: 2026-03-28
Is Hayground School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hayground School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hayground School Inc
Hayground School Inc (EIN: 113365670) is a nonprofit organization based in Bridgehampton, NY, classified under NTEE code B240. The organization reported total revenue of $6.2M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hayground School Inc'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 Hayground School 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, Hayground School 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.
Executive Compensation Analysis
Hayground School Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for a nonprofit of its size.
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 Hayground School Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency.
Strengths
The following positive indicators were identified for Hayground School Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Revenues generally exceed expenses in recent periods, indicating financial stability.
- Significant asset base relative to annual expenses, providing a buffer for operations.
- Positive trend in revenue growth over the past decade.
Frequently Asked Questions about Hayground School Inc
Is Hayground School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hayground School Inc (EIN: 113365670) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hayground School Inc spend its money?
Hayground School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hayground School Inc tax-deductible?
Hayground School Inc is registered as a tax-exempt nonprofit (EIN: 113365670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hayground School Inc. a good charity?
Based on the available data, Hayground School Inc. appears to be a financially responsible organization. It consistently covers its expenses with revenue, and the reported 0% officer compensation is a strong positive indicator of its commitment to its mission. However, a detailed breakdown of program vs. administrative spending would provide a more complete picture of its efficiency.
What is the trend in Hayground School Inc.'s financial health?
Hayground School Inc. shows a generally stable to improving financial trend. Revenue has increased from $2,581,538 in 2014 to $3,868,467 in 2023, and in recent years, revenue has consistently exceeded expenses. Liabilities have also decreased relative to assets in the latest filing, suggesting improved financial health.
How does Hayground School Inc. manage its executive compensation?
Hayground School Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that no funds are used for executive salaries. This is an exceptional practice for a nonprofit and suggests a strong dedication to its mission.
Filing History
IRS 990 filing history for Hayground School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hayground School Inc's revenue has grown by 67%, moving from $2.3M to $3.9M. Total assets decreased by 9.1% over the same period, from $3.5M to $3.2M. Total functional expenses rose by 53%, from $2.5M to $3.8M. In its most recent filing year (2023), Hayground School Inc reported a surplus of $93K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $3.2M in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $633K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.8M | $3.2M | $2.6M | — | View 990 |
| 2022 | $3.5M | $3.6M | $3.0M | $2.5M | — | View 990 |
| 2021 | $3.3M | $2.7M | $2.6M | $1.9M | — | View 990 |
| 2020 | $3.4M | $3.3M | $3.0M | $2.9M | — | View 990 |
| 2019 | $3.2M | $3.4M | $3.7M | $3.7M | — | View 990 |
| 2018 | $3.1M | $3.3M | $3.8M | $3.6M | — | View 990 |
| 2017 | $3.7M | $3.1M | $4.3M | $3.8M | — | View 990 |
| 2016 | $2.8M | $2.9M | $4.0M | $4.1M | — | View 990 |
| 2015 | $2.9M | $2.7M | $3.7M | $3.8M | — | View 990 |
| 2014 | $2.6M | $2.7M | $3.4M | $3.6M | — | View 990 |
| 2013 | $2.4M | $2.6M | $3.4M | $3.5M | — | View 990 |
| 2012 | $2.4M | $2.5M | $3.5M | $3.4M | — | View 990 |
| 2011 | $2.3M | $2.5M | $3.5M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.8M, and assets of $3.2M (revenue +12.0% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.6M, and assets of $3.0M (revenue +5.9% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.7M, and assets of $2.6M (revenue -2.7% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $3.0M (revenue +5.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.4M, and assets of $3.7M (revenue +3.2% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.3M, and assets of $3.8M (revenue -16.3% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.1M, and assets of $4.3M (revenue +29.9% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.9M, and assets of $4.0M (revenue -2.3% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.7M, and assets of $3.7M (revenue +11.9% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $3.4M (revenue +7.1% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.6M, and assets of $3.4M (revenue +1.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $3.5M (revenue +2.5% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.5M, and assets of $3.5M.
Data Sources and Methodology
This transparency report for Hayground School 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.