Idea School Inc
EIN: 823411247 · Tenafly, NJ · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Net Assets | $32K |
Search Intent Cockpit
Idea School Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Idea School Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Idea School Inc in one place.
Form 990 Filing Summary
5 filing years are available, with latest revenue of $1.8M and expenses of $1.9M.
Revenue and Expenses
Idea School Inc reported $1.8M in revenue and $1.9M in expenses, a deficit of $7K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Idea School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Idea School Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade C | 5 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Dance For The Cure Inc →All New Jersey nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Tenafly, NJ nonprofitsEducation in New Jersey
Education in New Jersey
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in New Jersey
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Merck Patient Assistance Program Inc
Rahway, NJ · $1.9B revenue · Score 98/100
Compare side-by-sideMedical Dosimetrist Certification Board
Mount Laurel, NJ · $4.3M revenue · Score 92/100
Compare side-by-sideAtlantic Cape Family Support Organization Inc
Northfield, NJ · $1.1M revenue · Score 92/100
Compare side-by-sideJanet H And C Harry Knowles Foundation Inc
Moorestown, NJ · $29.4M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About Idea School Inc
Idea School Inc (EIN: 823411247) is a nonprofit organization based in Tenafly, NJ, classified under NTEE code B28. The organization reported total revenue of $1.8M and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idea School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idea School Inc is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 21.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-7,210 |
| Total Assets | $40K |
| Total Liabilities | $8K |
| Net Assets | $32K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Idea School Inc reported a deficit of $7K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Idea School Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | -8.0% | -48.6% |
| 2022 | -7.3% | +13.0% | +2.5% |
| 2021 | +56.3% | +20.6% | +64.2% |
| 2020 | +60.0% | +32.9% | +396.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idea School Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Idea School Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.8%.
Frequently Asked Questions about Idea School Inc
Is Idea School Inc a legitimate charity?
Idea School Inc (EIN: 823411247) is a registered tax-exempt nonprofit based in New Jersey. It has 5 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: C.
How does Idea School Inc spend its money?
Idea School Inc reported $1.8M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idea School Inc tax-deductible?
Idea School Inc is registered as a tax-exempt nonprofit (EIN: 823411247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idea School Inc located?
Idea School Inc is headquartered in Tenafly, New Jersey and files with the IRS under EIN 823411247. It is classified under NTEE code B28.
How many years of IRS 990 filings does Idea School Inc have?
Idea School Inc has 5 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Idea School Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Idea School Inc's revenue has grown by 114.2%, moving from $862K to $1.8M. Total assets increased by 329.6% over the same period, from $9K to $40K. Total functional expenses rose by 66.6%, from $1.1M to $1.9M. In its most recent filing year (2023), Idea School Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $8K in liabilities against $40K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $40K | $8K | — | — |
| 2022 | $2.0M | $2.0M | $78K | $39K | — | View 990 |
| 2021 | $2.2M | $1.8M | $76K | $20K | — | — |
| 2020 | $1.4M | $1.5M | $46K | $363K | — | — |
| 2019 | $862K | $1.1M | $9K | $228K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $40K (revenue -7.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $78K (revenue -7.3% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $76K (revenue +56.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $46K (revenue +60.0% year-over-year).
- 2019: Revenue of $862K, expenses of $1.1M, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idea School Inc:
Data Sources and Methodology
This transparency report for Idea 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.