Hyde School At South Woodstock Inc

Hyde School At South Woodstock Inc. reports $0 revenue and assets in latest filing after years of operating deficits.

EIN: 10504446 · Bath, ME · Updated: 2026-03-28

$0Revenue

$0Assets

20/100Mission Score (Poor)

Is Hyde School At South Woodstock Inc Legit?

Significant Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

ModerateTransparency

4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hyde School At South Woodstock Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hyde School At South Woodstock Inc

Hyde School At South Woodstock Inc (EIN: 10504446) is a nonprofit organization based in Bath, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hyde School At South Woodstock Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hyde School At South Woodstock Inc. appears to be in a state of significant financial decline, as indicated by its latest filing showing $0 in revenue and assets. This contrasts sharply with previous years where the organization consistently reported revenues between $9 million and $10.5 million, and assets around $16 million to $17 million. The sudden drop to zero suggests a potential cessation of operations or a major restructuring not immediately clear from the provided data. Prior to this, the organization consistently operated at a deficit, with expenses generally exceeding revenue, for example, in 2016, expenses were $10,206,556 against revenues of $9,000,587. This trend of spending more than it earned, coupled with the current zero-value filing, raises serious concerns about its long-term viability and financial management.

The organization's transparency regarding executive compensation is high, with 0% of expenses allocated to officer compensation across all reported periods. However, the lack of detailed spending breakdowns (e.g., program vs. administrative vs. fundraising) in the provided data makes a precise assessment of spending efficiency challenging. The abrupt change to $0 revenue and assets in the latest filing, without further context, significantly impacts the ability to assess current financial health and raises questions about the completeness or accuracy of the most recent public data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hyde School At South Woodstock Inc with a Mission Score of 20 out of 100 (Poor). 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: 75%
fundraising: 10%

According to IRS 990 filings, Hyde School At South Woodstock Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% of expenses across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of its former size with revenues exceeding $9 million annually.

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 Hyde School At South Woodstock Inc's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
Consistent operating deficits from 2011 to 2016, with expenses exceeding revenue.
Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
Unusually high liabilities relative to assets in some periods (e.g., $4,764,001 liabilities vs. $15,878,768 assets in 2016, representing nearly 30% of assets).

Strengths

The following positive indicators were identified for Hyde School At South Woodstock Inc:

High transparency regarding executive compensation, reported as 0% across all filings.

Frequently Asked Questions about Hyde School At South Woodstock Inc

Is Hyde School At South Woodstock Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hyde School At South Woodstock Inc (EIN: 10504446) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.

How does Hyde School At South Woodstock Inc spend its money?

Hyde School At South Woodstock Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hyde School At South Woodstock Inc tax-deductible?

Hyde School At South Woodstock Inc is registered as a tax-exempt nonprofit (EIN: 10504446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What caused the sudden drop to $0 revenue and assets in the latest filing?

The provided data does not offer an explanation for the abrupt change from multi-million dollar revenues and assets to $0 in the latest filing. This could indicate a cessation of operations, a merger, or an error in reporting.

How did the organization manage to operate with consistent deficits for multiple years?

From 2011 to 2016, the organization consistently reported expenses exceeding revenues (e.g., $10,206,556 expenses vs. $9,000,587 revenue in 2016). This suggests it was likely drawing down on its assets or relying on other forms of funding not captured as 'revenue' in these summaries, which is unsustainable long-term.

Is the organization still operational given the latest financial report?

A report of $0 revenue and $0 assets strongly suggests the organization may no longer be operational or has undergone a significant change in its legal or financial structure. Further investigation beyond these filings would be needed to confirm its current status.

Filing History

IRS 990 filing history for Hyde School At South Woodstock Inc showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2011–2016), Hyde School At South Woodstock Inc's revenue has declined by 2.5%, moving from $9.2M to $9.0M. Total assets decreased by 5.3% over the same period, from $16.8M to $15.9M. Total functional expenses rose by 7.3%, from $9.5M to $10.2M. In its most recent filing year (2016), Hyde School At South Woodstock Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $4.8M in liabilities against $15.9M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $11.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2016	$9.0M	$10.2M	$15.9M	$4.8M	—	View 990
2015	$9.6M	$10.1M	$16.4M	$4.1M	—	View 990
2014	$10.5M	$10.8M	$16.7M	$3.8M	—	View 990
2013	$10.4M	$10.5M	$16.8M	$3.6M	—	View 990
2012	$10.1M	$10.0M	$17.1M	$3.9M	—	View 990
2011	$9.2M	$9.5M	$16.8M	$3.6M	—	View 990

Year-by-Year Financial Summary

2016: Revenue of $9.0M, expenses of $10.2M, and assets of $15.9M (revenue -6.2% year-over-year).
2015: Revenue of $9.6M, expenses of $10.1M, and assets of $16.4M (revenue -8.2% year-over-year).
2014: Revenue of $10.5M, expenses of $10.8M, and assets of $16.7M (revenue +0.9% year-over-year).
2013: Revenue of $10.4M, expenses of $10.5M, and assets of $16.8M (revenue +2.5% year-over-year).
2012: Revenue of $10.1M, expenses of $10.0M, and assets of $17.1M (revenue +9.6% year-over-year).
2011: Revenue of $9.2M, expenses of $9.5M, and assets of $16.8M.

Data Sources and Methodology

This transparency report for Hyde School At South Woodstock 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.