Independent School Of Winchester
EIN: 262908005 · Winchester, VA · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $644K |
| Total Expenses | $590K |
| Net Assets | $342K |
Is Independent School Of Winchester Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Independent School Of Winchester
Independent School Of Winchester (EIN: 262908005) is a nonprofit organization based in Winchester, VA, classified under NTEE code B20. The organization reported total revenue of $644K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent School Of Winchester's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent School Of Winchester is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $590K |
| Surplus / Deficit | +$10K |
| Total Assets | $1.1M |
| Total Liabilities | $727K |
| Net Assets | $342K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2024, Independent School Of Winchester reported a surplus of $10K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Independent School Of Winchester's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.3% | +0.6% | -1.5% |
| 2023 | +13.1% | +12.6% | -0.1% |
| 2022 | +10.2% | +10.3% | -0.7% |
| 2021 | -4.0% | -6.3% | +16.8% |
| 2020 | +2.5% | +6.5% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Independent School Of Winchester 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 Independent School Of Winchester 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.0%.
Frequently Asked Questions about Independent School Of Winchester
Is Independent School Of Winchester a legitimate charity?
Independent School Of Winchester (EIN: 262908005) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $644K. No red flags identified. Financial health grade: A.
How does Independent School Of Winchester spend its money?
Independent School Of Winchester reported $644K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Independent School Of Winchester tax-deductible?
Independent School Of Winchester is registered as a tax-exempt nonprofit (EIN: 262908005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Independent School Of Winchester located?
Independent School Of Winchester is headquartered in Winchester, Virginia and files with the IRS under EIN 262908005. It is classified under NTEE code B20.
How many years of IRS 990 filings does Independent School Of Winchester have?
Independent School Of Winchester 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 $644K in total revenue.
Filing History
IRS 990 filing history for Independent School Of Winchester showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Independent School Of Winchester's revenue has grown by 460.6%, moving from $107K to $600K. Total assets increased by 3558.4% over the same period, from $29K to $1.1M. Total functional expenses rose by 564.4%, from $89K to $590K. In its most recent filing year (2024), Independent School Of Winchester reported a surplus of $10K, with revenue exceeding expenses. The organization holds $727K in liabilities against $1.1M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $342K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $600K | $590K | $1.1M | $727K | — | — |
| 2023 | $614K | $586K | $1.1M | $754K | — | — |
| 2022 | $543K | $521K | $1.1M | $782K | — | View 990 |
| 2021 | $493K | $472K | $1.1M | $812K | — | View 990 |
| 2020 | $513K | $504K | $936K | $676K | — | View 990 |
| 2019 | $501K | $473K | $937K | $686K | — | View 990 |
| 2018 | $465K | $435K | $817K | $594K | — | View 990 |
| 2017 | $454K | $412K | $194K | $1K | — | View 990 |
| 2016 | $400K | $338K | $152K | $875 | — | View 990 |
| 2015 | $329K | $308K | $90K | $909 | — | View 990 |
| 2014 | $247K | $225K | $70K | $756 | — | View 990 |
| 2013 | $193K | $175K | $48K | $724 | — | View 990 |
| 2012 | $107K | $89K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $600K, expenses of $590K, and assets of $1.1M (revenue -2.3% year-over-year).
- 2023: Revenue of $614K, expenses of $586K, and assets of $1.1M (revenue +13.1% year-over-year).
- 2022: Revenue of $543K, expenses of $521K, and assets of $1.1M (revenue +10.2% year-over-year).
- 2021: Revenue of $493K, expenses of $472K, and assets of $1.1M (revenue -4.0% year-over-year).
- 2020: Revenue of $513K, expenses of $504K, and assets of $936K (revenue +2.5% year-over-year).
- 2019: Revenue of $501K, expenses of $473K, and assets of $937K (revenue +7.6% year-over-year).
- 2018: Revenue of $465K, expenses of $435K, and assets of $817K (revenue +2.5% year-over-year).
- 2017: Revenue of $454K, expenses of $412K, and assets of $194K (revenue +13.4% year-over-year).
- 2016: Revenue of $400K, expenses of $338K, and assets of $152K (revenue +21.6% year-over-year).
- 2015: Revenue of $329K, expenses of $308K, and assets of $90K (revenue +33.2% year-over-year).
- 2014: Revenue of $247K, expenses of $225K, and assets of $70K (revenue +28.3% year-over-year).
- 2013: Revenue of $193K, expenses of $175K, and assets of $48K (revenue +80.0% year-over-year).
- 2012: Revenue of $107K, expenses of $89K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent School Of Winchester:
Data Sources and Methodology
This transparency report for Independent School Of Winchester 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.