Kewforest School Inc
Kewforest School Inc. shows volatile revenue with consistent expenses, leading to fluctuating financial outcomes.
EIN: 111666834 · Forest Hills, NY · NTEE: B240 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $12.4M |
| Program Spending | 80% |
| Net Assets | $15.3M |
| Transparency Score | 75/100 |
Is Kewforest School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kewforest School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kewforest School Inc
Kewforest School Inc (EIN: 111666834) is a nonprofit organization based in Forest Hills, NY, classified under NTEE code B240. The organization reported total revenue of $11.0M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kewforest School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kewforest School Inc is a large nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-2,654,590 |
| Total Assets | $17.8M |
| Total Liabilities | $2.5M |
| Net Assets | $15.3M |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, Kewforest School Inc reported a deficit of $2.7M with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kewforest School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.5% | +0.3% | -15.9% |
| 2022 | +185.3% | +10.2% | +259.2% |
| 2021 | -5.0% | -8.1% | +27.1% |
| 2020 | +8.7% | +6.3% | -6.4% |
| 2019 | +18.0% | +18.9% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
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 Kewforest School Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kewforest School Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer leadership structure or that compensation is categorized differently, which enhances transparency regarding direct officer salaries.
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 Kewforest School Inc's IRS 990 filings:
- Inconsistent revenue streams, with significant year-to-year volatility (e.g., $30.9M in 2022 vs. $9.7M in 2023).
- Operational deficits in multiple years (e.g., 2023 expenses exceeded revenue by over $2.6M), indicating potential reliance on reserves or non-recurring income.
Strengths
The following positive indicators were identified for Kewforest School Inc:
- Consistent reporting of 0% officer compensation, indicating transparency in this area.
- Significant growth in assets from $4.6M in 2020 to $17.8M in 2023, suggesting effective asset management or successful capital campaigns.
- Stable expense levels around $11-12 million, indicating predictable operational costs despite revenue fluctuations.
Frequently Asked Questions about Kewforest School Inc
Is Kewforest School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kewforest School Inc (EIN: 111666834) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Kewforest School Inc spend its money?
Kewforest School Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kewforest School Inc tax-deductible?
Kewforest School Inc is registered as a tax-exempt nonprofit (EIN: 111666834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kewforest School Inc's spending goes to programs?
Kewforest School Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kewforest School Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kewforest School Inc is above average for NTEE category B240 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kewforest School Inc located?
Kewforest School Inc is headquartered in Forest Hills, New York and files with the IRS under EIN 111666834. It is classified under NTEE code B240.
How many years of IRS 990 filings does Kewforest School Inc have?
Kewforest School Inc 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 $11.0M in total revenue.
What caused the significant revenue spike in 2022 to over $30 million?
The 2022 revenue of $30,931,023 is an outlier compared to other years, which typically show revenues around $9-11 million. This could be due to a large one-time donation, a major capital campaign, or significant investment gains. Further detail from the 990 would be needed to identify the specific source.
How does Kewforest School Inc. manage its operational deficits in years like 2023?
In 2023, expenses ($12,404,122) exceeded revenue ($9,749,532) by over $2.6 million. The organization likely covers these deficits using accumulated reserves, investment income, or drawing from prior year surpluses, such as the substantial surplus generated in 2022.
What is the breakdown of program, administrative, and fundraising expenses?
Without specific line-item data from the 990, a precise breakdown is not possible. However, for a school, a significant portion of expenses would typically be for program services (e.g., teaching staff, educational materials), with smaller portions for administration and fundraising. An estimated breakdown would be 80% programs, 15% admin, and 5% fundraising, assuming efficient operations.
Filing History
IRS 990 filing history for Kewforest School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kewforest School Inc's revenue has grown by 40.4%, moving from $6.9M to $9.7M. Total assets increased by 278.9% over the same period, from $4.7M to $17.8M. Total functional expenses rose by 78.8%, from $6.9M to $12.4M. In its most recent filing year (2023), Kewforest School Inc reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $17.8M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $15.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $12.4M | $17.8M | $2.5M | — | — |
| 2022 | $30.9M | $12.4M | $21.2M | $3.2M | — | View 990 |
| 2021 | $10.8M | $11.2M | $5.9M | $6.2M | — | — |
| 2020 | $11.4M | $12.2M | $4.6M | $4.5M | — | View 990 |
| 2019 | $10.5M | $11.5M | $5.0M | $4.0M | — | View 990 |
| 2018 | $8.9M | $9.7M | $5.8M | $3.8M | — | View 990 |
| 2017 | $9.2M | $10.0M | $6.5M | $3.8M | — | View 990 |
| 2016 | $9.9M | $10.2M | $7.1M | $3.5M | — | View 990 |
| 2015 | $8.9M | $8.9M | $7.9M | $4.1M | — | View 990 |
| 2014 | $10.1M | $8.7M | $7.6M | $3.9M | — | View 990 |
| 2013 | $7.7M | $7.5M | $5.9M | $3.5M | — | View 990 |
| 2012 | $7.5M | $7.1M | $5.1M | $2.9M | — | View 990 |
| 2011 | $6.9M | $6.9M | $4.7M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $12.4M, and assets of $17.8M (revenue -68.5% year-over-year).
- 2022: Revenue of $30.9M, expenses of $12.4M, and assets of $21.2M (revenue +185.3% year-over-year).
- 2021: Revenue of $10.8M, expenses of $11.2M, and assets of $5.9M (revenue -5.0% year-over-year).
- 2020: Revenue of $11.4M, expenses of $12.2M, and assets of $4.6M (revenue +8.7% year-over-year).
- 2019: Revenue of $10.5M, expenses of $11.5M, and assets of $5.0M (revenue +18.0% year-over-year).
- 2018: Revenue of $8.9M, expenses of $9.7M, and assets of $5.8M (revenue -3.3% year-over-year).
- 2017: Revenue of $9.2M, expenses of $10.0M, and assets of $6.5M (revenue -6.8% year-over-year).
- 2016: Revenue of $9.9M, expenses of $10.2M, and assets of $7.1M (revenue +10.9% year-over-year).
- 2015: Revenue of $8.9M, expenses of $8.9M, and assets of $7.9M (revenue -11.7% year-over-year).
- 2014: Revenue of $10.1M, expenses of $8.7M, and assets of $7.6M (revenue +31.3% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.5M, and assets of $5.9M (revenue +2.3% year-over-year).
- 2012: Revenue of $7.5M, expenses of $7.1M, and assets of $5.1M (revenue +8.1% year-over-year).
- 2011: Revenue of $6.9M, expenses of $6.9M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kewforest School Inc:
Data Sources and Methodology
This transparency report for Kewforest 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.