Henry Viscardi School
Henry Viscardi School maintains stable operations with growing assets but persistent high liabilities.
EIN: 112024514 · Albertson, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.2M |
| Total Expenses | $17.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $-5,842,647 |
| Transparency Score | 75/100 |
Is Henry Viscardi School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henry Viscardi School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Henry Viscardi School
Henry Viscardi School (EIN: 112024514) is a nonprofit organization based in Albertson, NY, classified under NTEE code B200. The organization reported total revenue of $22.2M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry Viscardi School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry Viscardi School is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.5M |
| Total Expenses | $17.6M |
| Surplus / Deficit | $-123,128 |
| Total Assets | $12.6M |
| Total Liabilities | $18.5M |
| Net Assets | $-5,842,647 |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 146.2% |
| Months of Reserves | 8.6 months |
Financial Health Grade: C
In 2023, Henry Viscardi School reported a deficit of $123K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 146.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Henry Viscardi School's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +2.5% | +6.5% |
| 2022 | +4.0% | +2.2% | -9.5% |
| 2021 | +1.2% | -1.8% | +16.0% |
| 2020 | -0.3% | -0.3% | +4.9% |
| 2019 | -0.1% | +1.7% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 Henry Viscardi School with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Henry Viscardi School allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $123K, with expenses exceeding revenue.
- Debt-to-asset ratio: 146.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues consistently above $15 million. This suggests either that compensation is not paid to officers, or it is reported under different categories, which would require further investigation to fully understand.
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 Henry Viscardi School's IRS 990 filings:
- Consistently high liabilities exceeding assets, indicating potential financial risk or reliance on debt.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Henry Viscardi School:
- Consistent revenue generation and operational stability over a decade.
- Growing asset base, from $10,318,055 in 2018 to $12,634,506 in 2023.
- Reported 0% officer compensation, suggesting strong resource allocation to mission or unique compensation structure.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Henry Viscardi School
Is Henry Viscardi School a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry Viscardi School (EIN: 112024514) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Henry Viscardi School spend its money?
Henry Viscardi School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Henry Viscardi School tax-deductible?
Henry Viscardi School is registered as a tax-exempt nonprofit (EIN: 112024514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Henry Viscardi School CEO make?
Henry Viscardi School's highest-compensated officer earns $15 annually. The organization reported $22.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Henry Viscardi School's spending goes to programs?
Henry Viscardi School directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Henry Viscardi School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Henry Viscardi School is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Henry Viscardi School located?
Henry Viscardi School is headquartered in Albertson, New York and files with the IRS under EIN 112024514. It is classified under NTEE code B200.
How many years of IRS 990 filings does Henry Viscardi School have?
Henry Viscardi 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 $22.2M in total revenue.
How does Henry Viscardi School manage its high liabilities relative to its assets?
The organization consistently reports liabilities exceeding assets, for example, $18,477,153 in liabilities versus $12,634,506 in assets in 2023. This suggests a significant reliance on debt or other long-term obligations, which warrants further investigation into the nature of these liabilities and the organization's strategy for managing them.
What is the true breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense breakdown from the IRS 990, it's difficult to precisely determine the percentages allocated to programs, administration, and fundraising. The provided data only shows total expenses, making it challenging to assess spending efficiency accurately beyond the reported 0% officer compensation.
Is the 0% officer compensation truly reflective of no executive pay?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with over $15 million in annual revenue. It's possible that executive compensation is reported under other expense categories, or that the organization genuinely operates without paid officers, which would be a significant positive for resource allocation.
Filing History
IRS 990 filing history for Henry Viscardi School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Henry Viscardi School's revenue has grown by 7.9%, moving from $16.2M to $17.5M. Total assets increased by 48.5% over the same period, from $8.5M to $12.6M. Total functional expenses rose by 5.6%, from $16.7M to $17.6M. In its most recent filing year (2023), Henry Viscardi School reported a deficit of $123K, with expenses exceeding revenue. The organization holds $18.5M in liabilities against $12.6M in assets (debt-to-asset ratio: 146.2%), resulting in net assets of $-5,842,647.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.5M | $17.6M | $12.6M | $18.5M | — | — |
| 2022 | $17.5M | $17.2M | $11.9M | $19.2M | — | View 990 |
| 2021 | $16.8M | $16.8M | $13.1M | $22.7M | — | View 990 |
| 2020 | $16.6M | $17.1M | $11.3M | $24.2M | — | View 990 |
| 2019 | $16.7M | $17.2M | $10.8M | $21.4M | — | View 990 |
| 2018 | $16.7M | $16.9M | $10.3M | $19.5M | — | View 990 |
| 2017 | $17.7M | $16.7M | $10.6M | $21.5M | — | View 990 |
| 2016 | $15.6M | $16.4M | $10.9M | $23.0M | — | View 990 |
| 2015 | $15.3M | $15.5M | $13.8M | $23.2M | — | View 990 |
| 2014 | $14.8M | $15.3M | $11.3M | $12.2M | — | View 990 |
| 2013 | $15.1M | $15.1M | $9.2M | $9.6M | — | View 990 |
| 2012 | $15.2M | $15.5M | $9.2M | $10.2M | — | View 990 |
| 2011 | $16.2M | $16.7M | $8.5M | $8.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.5M, expenses of $17.6M, and assets of $12.6M (revenue -0.1% year-over-year).
- 2022: Revenue of $17.5M, expenses of $17.2M, and assets of $11.9M (revenue +4.0% year-over-year).
- 2021: Revenue of $16.8M, expenses of $16.8M, and assets of $13.1M (revenue +1.2% year-over-year).
- 2020: Revenue of $16.6M, expenses of $17.1M, and assets of $11.3M (revenue -0.3% year-over-year).
- 2019: Revenue of $16.7M, expenses of $17.2M, and assets of $10.8M (revenue -0.1% year-over-year).
- 2018: Revenue of $16.7M, expenses of $16.9M, and assets of $10.3M (revenue -5.6% year-over-year).
- 2017: Revenue of $17.7M, expenses of $16.7M, and assets of $10.6M (revenue +13.2% year-over-year).
- 2016: Revenue of $15.6M, expenses of $16.4M, and assets of $10.9M (revenue +2.3% year-over-year).
- 2015: Revenue of $15.3M, expenses of $15.5M, and assets of $13.8M (revenue +3.1% year-over-year).
- 2014: Revenue of $14.8M, expenses of $15.3M, and assets of $11.3M (revenue -1.6% year-over-year).
- 2013: Revenue of $15.1M, expenses of $15.1M, and assets of $9.2M (revenue -1.0% year-over-year).
- 2012: Revenue of $15.2M, expenses of $15.5M, and assets of $9.2M (revenue -6.2% year-over-year).
- 2011: Revenue of $16.2M, expenses of $16.7M, and assets of $8.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry Viscardi School:
Data Sources and Methodology
This transparency report for Henry Viscardi 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.