International Preschools
International Preschools faces significant financial challenges with declining revenue and consistent operating deficits.
EIN: 131992640 · New York, NY · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $4.3M |
| Program Spending | 70% |
| Net Assets | $6.7M |
| Transparency Score | 55/100 |
Is International Preschools Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Preschools directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Preschools
International Preschools (EIN: 131992640) is a nonprofit organization based in New York, NY, classified under NTEE code B21. The organization reported total revenue of $3.2M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Preschools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Preschools is a mid-size 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 -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-1,549,720 |
| Total Assets | $11.5M |
| Total Liabilities | $4.7M |
| Net Assets | $6.7M |
| Operating Margin | -56.8% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 32.2 months |
Financial Health Grade: B
In 2023, International Preschools reported a deficit of $1.5M with expenses exceeding revenue, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Preschools's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.3% | -24.2% | +15.6% |
| 2022 | +52.9% | -6.3% | -22.0% |
| 2021 | -39.2% | -11.2% | -7.5% |
| 2020 | -32.9% | -27.3% | -16.4% |
| 2019 | -0.5% | +7.2% | -11.0% |
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 International Preschools with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, International Preschools allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that compensation falls below IRS disclosure thresholds, which is a positive indicator for minimizing executive overhead relative to its size.
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 International Preschools's IRS 990 filings:
- Significant and consistent decline in revenue over the past decade (from $11.7M in 2014 to $2.7M in 2023).
- Consistent operating deficits, with expenses exceeding revenue in multiple recent years (e.g., $4.2M expenses vs. $2.7M revenue in 2023).
- Fluctuating but generally high liabilities relative to assets and revenue, reaching $4,743,593 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for International Preschools:
- No reported officer compensation, indicating efficient use of funds at the executive level.
- Maintains substantial assets ($11,164,247 latest reported) despite financial challenges, providing some buffer.
Frequently Asked Questions about International Preschools
Is International Preschools a legitimate charity?
International Preschools (EIN: 131992640) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does International Preschools spend its money?
International Preschools directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to International Preschools tax-deductible?
International Preschools is registered as a tax-exempt nonprofit (EIN: 131992640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Preschools's spending goes to programs?
International Preschools directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does International Preschools compare to similar nonprofits?
With a transparency score of 55/100 (Fair), International Preschools is near average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Preschools located?
International Preschools is headquartered in New York, New York and files with the IRS under EIN 131992640. It is classified under NTEE code B21.
How many years of IRS 990 filings does International Preschools have?
International Preschools 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 $3.2M in total revenue.
What caused the substantial decline in revenue from $11.7M in 2014 to $2.7M in 2023?
The provided data does not specify the reasons for the revenue decline, but it is a critical area for further investigation to understand the organization's operational changes or market challenges.
How does International Preschools plan to address its consistent operating deficits, such as the $1.5M deficit in 2023?
The filings show a pattern of expenses exceeding revenue in recent years, indicating an unsustainable financial model. A strategy for balancing the budget is crucial.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without this detailed breakdown, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission.
What is the current strategy for managing the increasing liabilities, which reached $4,743,593 in 2023?
While liabilities have fluctuated, the overall trend and the current level relative to assets and revenue warrant attention regarding debt management.
Filing History
IRS 990 filing history for International Preschools showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Preschools's revenue has declined by 69.8%, moving from $9.0M to $2.7M. Total assets decreased by 24.6% over the same period, from $15.2M to $11.5M. Total functional expenses fell by 46.7%, from $8.0M to $4.3M. In its most recent filing year (2023), International Preschools reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $4.7M in liabilities against $11.5M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $4.3M | $11.5M | $4.7M | — | View 990 |
| 2022 | $5.4M | $5.6M | $9.9M | $2.0M | — | View 990 |
| 2021 | $3.5M | $6.0M | $12.7M | $3.0M | — | View 990 |
| 2020 | $5.8M | $6.8M | $13.7M | $2.6M | — | — |
| 2019 | $8.6M | $9.3M | $16.4M | $5.1M | — | View 990 |
| 2018 | $8.7M | $8.7M | $18.5M | $5.9M | — | View 990 |
| 2017 | $8.6M | $9.0M | $18.0M | $6.2M | — | View 990 |
| 2016 | $9.9M | $9.6M | $17.8M | $6.6M | — | View 990 |
| 2015 | $9.8M | $10.4M | $17.4M | $6.8M | — | View 990 |
| 2014 | $11.7M | $11.0M | $18.8M | $7.6M | — | View 990 |
| 2013 | $10.6M | $9.9M | $17.5M | $7.0M | — | View 990 |
| 2012 | $9.8M | $8.8M | $16.6M | $7.1M | — | View 990 |
| 2011 | $9.0M | $8.0M | $15.2M | $6.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $4.3M, and assets of $11.5M (revenue -49.3% year-over-year).
- 2022: Revenue of $5.4M, expenses of $5.6M, and assets of $9.9M (revenue +52.9% year-over-year).
- 2021: Revenue of $3.5M, expenses of $6.0M, and assets of $12.7M (revenue -39.2% year-over-year).
- 2020: Revenue of $5.8M, expenses of $6.8M, and assets of $13.7M (revenue -32.9% year-over-year).
- 2019: Revenue of $8.6M, expenses of $9.3M, and assets of $16.4M (revenue -0.5% year-over-year).
- 2018: Revenue of $8.7M, expenses of $8.7M, and assets of $18.5M (revenue +0.2% year-over-year).
- 2017: Revenue of $8.6M, expenses of $9.0M, and assets of $18.0M (revenue -12.4% year-over-year).
- 2016: Revenue of $9.9M, expenses of $9.6M, and assets of $17.8M (revenue +0.8% year-over-year).
- 2015: Revenue of $9.8M, expenses of $10.4M, and assets of $17.4M (revenue -16.6% year-over-year).
- 2014: Revenue of $11.7M, expenses of $11.0M, and assets of $18.8M (revenue +11.0% year-over-year).
- 2013: Revenue of $10.6M, expenses of $9.9M, and assets of $17.5M (revenue +7.8% year-over-year).
- 2012: Revenue of $9.8M, expenses of $8.8M, and assets of $16.6M (revenue +8.8% year-over-year).
- 2011: Revenue of $9.0M, expenses of $8.0M, and assets of $15.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Preschools:
Data Sources and Methodology
This transparency report for International Preschools 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.