Ketchum Grande Memoriall School
Ketchum Grande Memorial School: Consistent Revenue, Stable Operations
EIN: 222545789 · Burnt Hills, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Program Spending | 80% |
| Net Assets | $802K |
| Transparency Score | 75/100 |
Is Ketchum Grande Memoriall School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ketchum Grande Memoriall School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ketchum Grande Memoriall School
Ketchum Grande Memoriall School (EIN: 222545789) is a nonprofit organization based in Burnt Hills, NY. The organization reported total revenue of $3.5M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ketchum Grande Memoriall School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ketchum Grande Memoriall School is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$251K |
| Total Assets | $5.0M |
| Total Liabilities | $4.2M |
| Net Assets | $802K |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 84.0% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2024, Ketchum Grande Memoriall School reported a surplus of $251K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 84.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Ketchum Grande Memoriall School's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.1% | -0.8% | +4.4% |
| 2023 | +1.1% | +2.9% | -4.9% |
| 2022 | +0.9% | +11.1% | -3.3% |
| 2021 | +12.3% | +5.7% | -1.4% |
| 2020 | +6.5% | +12.9% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Ketchum Grande Memoriall School 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, Ketchum Grande Memoriall School 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 $251K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, with 'c0%' reported across all years, making a specific assessment impossible without further information.
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 Ketchum Grande Memoriall School's IRS 990 filings:
- Lack of specific executive compensation details ('c0%' reported consistently) raises questions about transparency in leadership remuneration.
- The consistent reporting of 'c0%' for compensation might indicate that compensation is included within other expense categories, obscuring direct oversight.
Strengths
The following positive indicators were identified for Ketchum Grande Memoriall School:
- Consistent revenue growth from $1,896,523 in 2017 to $3,492,529 in 2024 demonstrates strong financial sustainability.
- Assets have remained robust, consistently above $4.6 million, indicating a healthy balance sheet.
- Expenses have been well-managed relative to revenue, showing operational efficiency.
Frequently Asked Questions about Ketchum Grande Memoriall School
Is Ketchum Grande Memoriall School a legitimate charity?
Ketchum Grande Memoriall School (EIN: 222545789) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Ketchum Grande Memoriall School spend its money?
Ketchum Grande Memoriall School directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ketchum Grande Memoriall School tax-deductible?
Ketchum Grande Memoriall School is registered as a tax-exempt nonprofit (EIN: 222545789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ketchum Grande Memoriall School's spending goes to programs?
Ketchum Grande Memoriall School directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ketchum Grande Memoriall School located?
Ketchum Grande Memoriall School is headquartered in Burnt Hills, New York and files with the IRS under EIN 222545789.
How many years of IRS 990 filings does Ketchum Grande Memoriall School have?
Ketchum Grande Memoriall School 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 $3.5M in total revenue.
What does Ketchum Grande Memoriall School do?
Ketchum Grande Memoriall School is a nonprofit organization in the Unknown sector, located in Burnt Hills, New York. It is classified under NTEE code Unknown.
How much revenue does Ketchum Grande Memoriall School have?
Ketchum Grande Memoriall School reported total revenue of $3,492,529. Based on 13 IRS 990 filings on record.
What are Ketchum Grande Memoriall School's total assets?
Ketchum Grande Memoriall School holds total assets of $4,662,582 as reported in IRS 990 filings.
Where is Ketchum Grande Memoriall School located?
Ketchum Grande Memoriall School is based in Burnt Hills, New York.
What is Ketchum Grande Memoriall School's EIN?
Ketchum Grande Memoriall School's Employer Identification Number (EIN) is 222545789. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ketchum Grande Memoriall School?
Ketchum Grande Memoriall School is classified under NTEE code Unknown (Unknown).
Is Ketchum Grande Memoriall School a registered 501(c)(3)?
Ketchum Grande Memoriall School appears in IRS records (EIN: 222545789). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ketchum Grande Memoriall School file IRS Form 990?
Yes, Ketchum Grande Memoriall School has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Ketchum Grande Memoriall School's revenue in 2024?
In the 202406 filing period, Ketchum Grande Memoriall School reported total revenue of $3,275,912, total expenses of $3,024,906, and net assets of $5,025,781.
Is Ketchum Grande Memoriall School's revenue growing or declining?
Ketchum Grande Memoriall School's revenue is growing. Revenue went from $2,774,452 (202306) to $3,275,912 (202406), a +18.1% change. Based on 13 filings on record.
What is Ketchum Grande Memoriall School's most recent 990 filing?
The most recent IRS Form 990 filing for Ketchum Grande Memoriall School covers tax period 202406. It shows revenue of $3,275,912, expenses of $3,024,906, total assets of $5,025,781, and liabilities of $4,223,817.
How much does Ketchum Grande Memoriall School spend on programs vs administration?
Based on IRS 990 analysis, Ketchum Grande Memoriall School allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Ketchum Grande Memoriall School a trustworthy charity?
Based on AI analysis of IRS 990 data, Ketchum Grande Memoriall School appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Ketchum Grande Memoriall School?
The following concerns were identified: Lack of specific executive compensation details ('c0%' reported consistently) raises questions about transparency in leadership remuneration.. The consistent reporting of 'c0%' for compensation might indicate that compensation is included within other expense categories, obscuring direct oversight.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ketchum Grande Memoriall School's strengths?
Positive indicators for Ketchum Grande Memoriall School include: Consistent revenue growth from $1,896,523 in 2017 to $3,492,529 in 2024 demonstrates strong financial sustainability.. Assets have remained robust, consistently above $4.6 million, indicating a healthy balance sheet.. Expenses have been well-managed relative to revenue, showing operational efficiency.. These findings are derived from AI analysis of the organization's financial filings.
How does Ketchum Grande Memoriall School compensate executives?
Executive compensation is not explicitly detailed in the provided filings, with 'c0%' reported across all years, making a specific assessment impossible without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' compensation reporting, how does Ketchum Grande Memorial School attract and retain leadership talent without explicit compensation figures?
The consistent 'c0%' for compensation suggests that either executive compensation is minimal, non-existent, or more likely, it is embedded within other operational expenses (e.g., 'x' for expenses) without separate disclosure. This practice, while not uncommon for smaller nonprofits, can obscure the true cost of leadership and make it challenging to assess the competitiveness of their compensation structure.
What factors contributed to the significant revenue increase from $2,774,452 in 2023 to $3,492,529 in 2024, and is this growth sustainable?
The substantial increase in revenue by over $700,000 from 2023 to 2024 (from $2,774,452 to $3,492,529) is a positive indicator. Without additional context, it's difficult to pinpoint exact causes, but it could be due to successful fundraising campaigns, increased enrollment, new grant acquisitions, or a combination. To assess sustainability, one would need to examine the nature of these new revenue streams (e.g., one-time grants vs. recurring tuition/donations).
Filing History
IRS 990 filing history for Ketchum Grande Memoriall School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Ketchum Grande Memoriall School's revenue has grown by 190.3%, moving from $1.1M to $3.3M. Total assets increased by 599.4% over the same period, from $719K to $5.0M. Total functional expenses rose by 175.6%, from $1.1M to $3.0M. In its most recent filing year (2024), Ketchum Grande Memoriall School reported a surplus of $251K, with revenue exceeding expenses. The organization holds $4.2M in liabilities against $5.0M in assets (debt-to-asset ratio: 84.0%), resulting in net assets of $802K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $3.0M | $5.0M | $4.2M | — | View 990 |
| 2023 | $2.8M | $3.0M | $4.8M | $4.3M | — | — |
| 2022 | $2.7M | $3.0M | $5.1M | $4.2M | — | View 990 |
| 2021 | $2.7M | $2.7M | $5.2M | $4.2M | — | — |
| 2020 | $2.4M | $2.5M | $5.3M | $4.3M | — | View 990 |
| 2019 | $2.3M | $2.2M | $5.4M | $4.3M | — | View 990 |
| 2018 | $2.2M | $2.1M | $5.6M | $4.5M | — | View 990 |
| 2017 | $1.9M | $2.0M | $5.7M | $4.7M | — | View 990 |
| 2016 | $1.6M | $1.8M | $6.1M | $5.9M | — | View 990 |
| 2015 | $1.8M | $1.5M | $6.6M | $6.2M | — | View 990 |
| 2014 | $1.5M | $1.5M | $1.1M | $929K | — | View 990 |
| 2013 | $1.3M | $1.3M | $776K | $635K | — | View 990 |
| 2012 | $1.1M | $1.1M | $719K | $516K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.3M, expenses of $3.0M, and assets of $5.0M (revenue +18.1% year-over-year).
- 2023: Revenue of $2.8M, expenses of $3.0M, and assets of $4.8M (revenue +1.1% year-over-year).
- 2022: Revenue of $2.7M, expenses of $3.0M, and assets of $5.1M (revenue +0.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $5.2M (revenue +12.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.5M, and assets of $5.3M (revenue +6.5% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $5.4M (revenue +1.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $5.6M (revenue +18.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $5.7M (revenue +22.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.8M, and assets of $6.1M (revenue -13.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.5M, and assets of $6.6M (revenue +24.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $1.1M (revenue +13.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $776K (revenue +13.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $719K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ketchum Grande Memoriall School:
Data Sources and Methodology
This transparency report for Ketchum Grande Memoriall School 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.