La Salle School Inc
La Salle School Inc. shows improving financial health with consistent revenue and recent surpluses, reporting no officer compensation.
EIN: 141338536 · Albany, NY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.7M |
| Total Expenses | $13.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $15M |
| Net Assets | $12.5M |
| Transparency Score | 88/100 |
Is La Salle School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
La Salle School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About La Salle School Inc
La Salle School Inc (EIN: 141338536) is a nonprofit organization based in Albany, NY, classified under NTEE code B20. The organization reported total revenue of $15.7M and total assets of $19.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Salle School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Salle School Inc is a large nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.2M |
| Total Expenses | $13.0M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $19.0M |
| Total Liabilities | $6.5M |
| Net Assets | $12.5M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 34.0% |
| Months of Reserves | 17.6 months |
Financial Health Grade: A
In 2023, La Salle School Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 34.0% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), La Salle School Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +15.8% | +5.6% |
| 2022 | +24.1% | -11.5% | -5.2% |
| 2021 | -9.4% | -13.5% | +8.5% |
| 2020 | -16.8% | -7.1% | +9.8% |
| 2019 | +1.0% | +1.1% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 La Salle School Inc with a Mission Score of 88 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, La Salle School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all nine filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($15M+ revenue) and suggests a strong commitment to directing funds to its mission.
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 La Salle School Inc's IRS 990 filings:
- Periods of expenses exceeding revenue (e.g., 2021, 2020, 2015) indicate past operational challenges.
Strengths
The following positive indicators were identified for La Salle School Inc:
- Consistent revenue generation, averaging $14-16 million annually.
- Significant positive net income in recent years (e.g., $2.26M in 2023, $3.68M in 2022).
- Reported 0% officer compensation across all filings, indicating strong dedication to mission.
- Increasing asset base and decreasing liabilities in recent periods, strengthening financial position.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
Frequently Asked Questions about La Salle School Inc
Is La Salle School Inc a legitimate charity?
La Salle School Inc (EIN: 141338536) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 9 years of IRS 990 filings on record. Total revenue: $15.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does La Salle School Inc spend its money?
La Salle School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to La Salle School Inc tax-deductible?
La Salle School Inc is registered as a tax-exempt nonprofit (EIN: 141338536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the La Salle School Inc CEO make?
La Salle School Inc's highest-compensated officer earns $15M annually. The organization reported $15.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of La Salle School Inc's spending goes to programs?
La Salle School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does La Salle School Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), La Salle School Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is La Salle School Inc located?
La Salle School Inc is headquartered in Albany, New York and files with the IRS under EIN 141338536. It is classified under NTEE code B20.
How many years of IRS 990 filings does La Salle School Inc have?
La Salle School Inc has 9 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 $15.7M in total revenue.
Is La Salle School Inc. a good charity?
Based on the provided financial data, La Salle School Inc. appears to be a well-managed organization with improving financial health, consistent revenue, and a notable commitment to not paying officer compensation, which are strong indicators of a good charity.
How has La Salle School Inc.'s financial health changed over time?
La Salle School Inc.'s financial health has improved significantly in recent years. While there were periods where expenses exceeded revenue (e.g., 2015, 2020, 2021), the organization has consistently generated surpluses in 2022 and 2023, with revenue exceeding expenses by over $2 million in each of those years, indicating stronger financial management.
What is the trend in La Salle School Inc.'s assets and liabilities?
La Salle School Inc.'s assets have shown a general upward trend, growing from $18.05 million in 2015 to $18.99 million in 2023. Liabilities have fluctuated but have decreased significantly from a high of $12.97 million in 2021 to $6.46 million in 2023, indicating a stronger balance sheet.
Filing History
IRS 990 filing history for La Salle School Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), La Salle School Inc's revenue has grown by 5.8%, moving from $14.4M to $15.2M. Total assets increased by 5.2% over the same period, from $18.1M to $19.0M. Total functional expenses fell by 11%, from $14.6M to $13.0M. In its most recent filing year (2023), La Salle School Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $6.5M in liabilities against $19.0M in assets (debt-to-asset ratio: 34.0%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.2M | $13.0M | $19.0M | $6.5M | — | View 990 |
| 2022 | $14.9M | $11.2M | $18.0M | $8.7M | — | View 990 |
| 2021 | $12.0M | $12.7M | $19.0M | $13.0M | — | View 990 |
| 2020 | $13.2M | $14.6M | $17.5M | $11.9M | — | View 990 |
| 2019 | $15.9M | $15.8M | $15.9M | $8.7M | — | View 990 |
| 2018 | $15.8M | $15.6M | $16.5M | $9.4M | — | View 990 |
| 2017 | $15.4M | $15.1M | $15.9M | $9.5M | — | View 990 |
| 2016 | $16.3M | $15.6M | $18.6M | $12.7M | — | View 990 |
| 2015 | $14.4M | $14.6M | $18.1M | $12.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.2M, expenses of $13.0M, and assets of $19.0M (revenue +2.3% year-over-year).
- 2022: Revenue of $14.9M, expenses of $11.2M, and assets of $18.0M (revenue +24.1% year-over-year).
- 2021: Revenue of $12.0M, expenses of $12.7M, and assets of $19.0M (revenue -9.4% year-over-year).
- 2020: Revenue of $13.2M, expenses of $14.6M, and assets of $17.5M (revenue -16.8% year-over-year).
- 2019: Revenue of $15.9M, expenses of $15.8M, and assets of $15.9M (revenue +1.0% year-over-year).
- 2018: Revenue of $15.8M, expenses of $15.6M, and assets of $16.5M (revenue +2.5% year-over-year).
- 2017: Revenue of $15.4M, expenses of $15.1M, and assets of $15.9M (revenue -5.6% year-over-year).
- 2016: Revenue of $16.3M, expenses of $15.6M, and assets of $18.6M (revenue +13.2% year-over-year).
- 2015: Revenue of $14.4M, expenses of $14.6M, and assets of $18.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Salle School Inc:
Data Sources and Methodology
This transparency report for La Salle 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.