Hunterdon Preparatory School A Nonprofit Organization
Hunterdon Preparatory School: Consistent Revenue, Fluctuating Assets
EIN: 222120194 · Annandale, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $4.0M |
| Program Spending | 80% |
| Net Assets | $751K |
| Transparency Score | 75/100 |
Is Hunterdon Preparatory School A Nonprofit Organization Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hunterdon Preparatory School A Nonprofit Organization directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hunterdon Preparatory School A Nonprofit Organization
Hunterdon Preparatory School A Nonprofit Organization (EIN: 222120194) is a nonprofit organization based in Annandale, NJ. The organization reported total revenue of $4.1M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunterdon Preparatory School A Nonprofit Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hunterdon Preparatory School A Nonprofit Organization is a mid-size nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$28K |
| Total Assets | $2.5M |
| Total Liabilities | $1.7M |
| Net Assets | $751K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 69.4% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2024, Hunterdon Preparatory School A Nonprofit Organization reported a surplus of $28K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 69.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Hunterdon Preparatory School A Nonprofit Organization's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.9% | +1.3% | -8.6% |
| 2023 | +2.9% | +2.7% | +177.7% |
| 2022 | -9.7% | -11.2% | -14.4% |
| 2021 | +-0.0% | +2.3% | -29.6% |
| 2020 | +2.3% | +4.5% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Hunterdon Preparatory School A Nonprofit Organization 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Hunterdon Preparatory School A Nonprofit Organization allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.4%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary figures, which are not provided in the summary data.
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 Hunterdon Preparatory School A Nonprofit Organization's IRS 990 filings:
- Significant fluctuation in assets, from $2,686,580 in 2023 to $967,439 in 2022, then up to $2,456,113 in 2024, warrants further investigation into the underlying causes.
- The provided data does not specify the nature of the 'c0%' field, which could represent compensation or another critical metric.
Strengths
The following positive indicators were identified for Hunterdon Preparatory School A Nonprofit Organization:
- Consistent revenue generation, averaging over $3.9 million annually, indicates stable operational funding.
- The organization has maintained a positive net asset position across all reported years.
Frequently Asked Questions about Hunterdon Preparatory School A Nonprofit Organization
Is Hunterdon Preparatory School A Nonprofit Organization a legitimate charity?
Based on AI analysis of IRS 990 filings, Hunterdon Preparatory School A Nonprofit Organization (EIN: 222120194) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Hunterdon Preparatory School A Nonprofit Organization spend its money?
Hunterdon Preparatory School A Nonprofit Organization directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hunterdon Preparatory School A Nonprofit Organization tax-deductible?
Hunterdon Preparatory School A Nonprofit Organization is registered as a tax-exempt nonprofit (EIN: 222120194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hunterdon Preparatory School A Nonprofit Organization's spending goes to programs?
Hunterdon Preparatory School A Nonprofit Organization directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hunterdon Preparatory School A Nonprofit Organization located?
Hunterdon Preparatory School A Nonprofit Organization is headquartered in Annandale, New Jersey and files with the IRS under EIN 222120194.
How many years of IRS 990 filings does Hunterdon Preparatory School A Nonprofit Organization have?
Hunterdon Preparatory School A Nonprofit Organization 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 $4.1M in total revenue.
What does Hunterdon Preparatory School A Nonprofit Organization do?
Hunterdon Preparatory School A Nonprofit Organization is a nonprofit organization in the Unknown sector, located in Annandale, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Hunterdon Preparatory School A Nonprofit Organization have?
Hunterdon Preparatory School A Nonprofit Organization reported total revenue of $4,078,762. Based on 14 IRS 990 filings on record.
What are Hunterdon Preparatory School A Nonprofit Organization's total assets?
Hunterdon Preparatory School A Nonprofit Organization holds total assets of $1,996,364 as reported in IRS 990 filings.
Where is Hunterdon Preparatory School A Nonprofit Organization located?
Hunterdon Preparatory School A Nonprofit Organization is based in Annandale, New Jersey.
What is Hunterdon Preparatory School A Nonprofit Organization's EIN?
Hunterdon Preparatory School A Nonprofit Organization's Employer Identification Number (EIN) is 222120194. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hunterdon Preparatory School A Nonprofit Organization?
Hunterdon Preparatory School A Nonprofit Organization is classified under NTEE code Unknown (Unknown).
Is Hunterdon Preparatory School A Nonprofit Organization a registered 501(c)(3)?
Hunterdon Preparatory School A Nonprofit Organization appears in IRS records (EIN: 222120194). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hunterdon Preparatory School A Nonprofit Organization file IRS Form 990?
Yes, Hunterdon Preparatory School A Nonprofit Organization has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Hunterdon Preparatory School A Nonprofit Organization's revenue in 2024?
In the 202406 filing period, Hunterdon Preparatory School A Nonprofit Organization reported total revenue of $4,069,714, total expenses of $4,041,848, and net assets of $2,456,113.
Is Hunterdon Preparatory School A Nonprofit Organization's revenue growing or declining?
Hunterdon Preparatory School A Nonprofit Organization's revenue is relatively stable. Revenue went from $3,994,767 (202306) to $4,069,714 (202406), a +1.9% change. Based on 14 filings on record.
What is Hunterdon Preparatory School A Nonprofit Organization's most recent 990 filing?
The most recent IRS Form 990 filing for Hunterdon Preparatory School A Nonprofit Organization covers tax period 202406. It shows revenue of $4,069,714, expenses of $4,041,848, total assets of $2,456,113, and liabilities of $1,705,503.
How much does Hunterdon Preparatory School A Nonprofit Organization spend on programs vs administration?
Based on IRS 990 analysis, Hunterdon Preparatory School A Nonprofit Organization allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Hunterdon Preparatory School A Nonprofit Organization a trustworthy charity?
Based on AI analysis of IRS 990 data, Hunterdon Preparatory School A Nonprofit Organization appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Hunterdon Preparatory School A Nonprofit Organization?
The following concerns were identified: Significant fluctuation in assets, from $2,686,580 in 2023 to $967,439 in 2022, then up to $2,456,113 in 2024, warrants further investigation into the underlying causes.. The provided data does not specify the nature of the 'c0%' field, which could represent compensation or another critical metric.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hunterdon Preparatory School A Nonprofit Organization's strengths?
Positive indicators for Hunterdon Preparatory School A Nonprofit Organization include: Consistent revenue generation, averaging over $3.9 million annually, indicates stable operational funding.. The organization has maintained a positive net asset position across all reported years.. These findings are derived from AI analysis of the organization's financial filings.
How does Hunterdon Preparatory School A Nonprofit Organization compensate executives?
Executive compensation cannot be assessed without specific salary figures, which are not provided in the summary data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the substantial drop in assets from $2,686,580 in 2023 to $967,439 in 2022, and the subsequent recovery to $2,456,113 in 2024?
The provided summary data does not offer specific reasons for these asset fluctuations. A detailed review of the full IRS Form 990 filings for those years would be necessary to understand the changes in investments, property, or other asset categories.
Filing History
IRS 990 filing history for Hunterdon Preparatory School A Nonprofit Organization showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hunterdon Preparatory School A Nonprofit Organization's revenue has grown by 35.9%, moving from $3.0M to $4.1M. Total assets increased by 334.6% over the same period, from $565K to $2.5M. Total functional expenses rose by 40.1%, from $2.9M to $4.0M. In its most recent filing year (2024), Hunterdon Preparatory School A Nonprofit Organization reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $2.5M in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $751K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.1M | $4.0M | $2.5M | $1.7M | — | View 990 |
| 2023 | $4.0M | $4.0M | $2.7M | $2.0M | — | View 990 |
| 2022 | $3.9M | $3.9M | $967K | $251K | — | View 990 |
| 2021 | $4.3M | $4.4M | $1.1M | $412K | — | View 990 |
| 2020 | $4.3M | $4.3M | $1.6M | $814K | — | View 990 |
| 2019 | $4.2M | $4.1M | $1.3M | $492K | — | View 990 |
| 2018 | $3.6M | $3.6M | $937K | $286K | — | View 990 |
| 2017 | $3.6M | $3.5M | $1.0M | $391K | — | View 990 |
| 2016 | $3.3M | $3.2M | $884K | $307K | — | View 990 |
| 2015 | $3.0M | $2.9M | $745K | $213K | — | — |
| 2014 | $3.0M | $3.0M | $754K | $0 | — | View 990 |
| 2013 | $2.9M | $2.9M | $660K | $158K | — | View 990 |
| 2012 | $2.9M | $2.9M | $614K | $116K | — | View 990 |
| 2011 | $3.0M | $2.9M | $565K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.1M, expenses of $4.0M, and assets of $2.5M (revenue +1.9% year-over-year).
- 2023: Revenue of $4.0M, expenses of $4.0M, and assets of $2.7M (revenue +2.9% year-over-year).
- 2022: Revenue of $3.9M, expenses of $3.9M, and assets of $967K (revenue -9.7% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.4M, and assets of $1.1M (revenue +-0.0% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.3M, and assets of $1.6M (revenue +2.3% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.1M, and assets of $1.3M (revenue +17.1% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.6M, and assets of $937K (revenue +0.4% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.5M, and assets of $1.0M (revenue +8.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.2M, and assets of $884K (revenue +11.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $745K (revenue -0.7% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.0M, and assets of $754K (revenue +2.9% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.9M, and assets of $660K (revenue +1.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.9M, and assets of $614K (revenue -4.3% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $565K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hunterdon Preparatory School A Nonprofit Organization:
Data Sources and Methodology
This transparency report for Hunterdon Preparatory School A Nonprofit Organization 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.