League School
League School consistently operates at a deficit with liabilities significantly exceeding assets.
EIN: 111714376 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.1M |
| Total Expenses | $19.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $-21,974,391 |
| Transparency Score | 55/100 |
Is League School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
League School directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About League School
League School (EIN: 111714376) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $20.1M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of League School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
League School is a large nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.6M |
| Total Expenses | $19.7M |
| Surplus / Deficit | $-2,187,118 |
| Total Assets | $5.8M |
| Total Liabilities | $27.8M |
| Net Assets | $-21,974,391 |
| Operating Margin | -12.5% |
| Debt-to-Asset Ratio | 478.2% |
| Months of Reserves | 3.5 months |
Financial Health Grade: C
In 2023, League School reported a deficit of $2.2M with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 478.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), League School's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +16.1% | -7.4% |
| 2022 | -14.4% | -0.4% | -21.6% |
| 2021 | +8.3% | -9.8% | +6.7% |
| 2020 | +8.9% | +4.8% | +22.1% |
| 2019 | +4.5% | +6.9% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1954 |
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 League School 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, League School allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 478.2%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, which is unusual for an organization with over $17 million in annual expenses and suggests either a volunteer leadership or compensation is categorized differently.
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 League School's IRS 990 filings:
- Consistent operational deficits (e.g., $2.18M deficit in 202306)
- Liabilities significantly exceed assets (e.g., $27.78M liabilities vs. $5.81M assets in 202306)
- No reported officer compensation for an organization with over $17M in expenses
Strengths
The following positive indicators were identified for League School:
- Long operational history (13 filings available)
- Consistent revenue generation over $14M annually
Frequently Asked Questions about League School
Is League School a legitimate charity?
League School (EIN: 111714376) 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: $20.1M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does League School spend its money?
League School directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to League School tax-deductible?
League School is registered as a tax-exempt nonprofit (EIN: 111714376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the League School CEO make?
League School's highest-compensated officer earns $17 annually. The organization reported $20.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of League School's spending goes to programs?
League School directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is League School located?
League School is headquartered in Brooklyn, New York and files with the IRS under EIN 111714376.
How many years of IRS 990 filings does League School have?
League 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 $20.1M in total revenue.
How does League School cover its consistent operational deficits?
The filings consistently show expenses exceeding revenue (e.g., $19,742,932 expenses vs. $17,555,814 revenue in 202306), suggesting the organization relies on prior reserves, debt, or other unreported funding mechanisms to sustain operations.
What is the nature of League School's high liabilities?
With liabilities reaching $27,784,301 in 202306 against assets of $5,809,910, the organization carries a significant debt burden. Further detail from the full 990 would be needed to understand if this is primarily program-related debt, mortgages, or other obligations.
Why is no officer compensation reported?
The absence of reported officer compensation across all 13 filings is notable for an organization of this size. It could indicate a volunteer board, or that executive compensation is included within other expense categories, which would reduce transparency.
Is League School financially sustainable in the long term?
The consistent operational deficits and the substantial imbalance between liabilities and assets raise concerns about long-term financial sustainability, despite the organization's continued operation over many years.
Filing History
IRS 990 filing history for League School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), League School's revenue has grown by 20.2%, moving from $14.6M to $17.6M. Total assets decreased by 5.6% over the same period, from $6.2M to $5.8M. Total functional expenses rose by 30.1%, from $15.2M to $19.7M. In its most recent filing year (2023), League School reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $27.8M in liabilities against $5.8M in assets (debt-to-asset ratio: 478.2%), resulting in net assets of $-21,974,391.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.6M | $19.7M | $5.8M | $27.8M | — | — |
| 2022 | $16.2M | $17.0M | $6.3M | $26.1M | — | View 990 |
| 2021 | $18.9M | $17.1M | $8.0M | $26.9M | — | View 990 |
| 2020 | $17.4M | $18.9M | $7.5M | $28.2M | — | View 990 |
| 2019 | $16.0M | $18.1M | $6.1M | $25.3M | — | View 990 |
| 2018 | $15.3M | $16.9M | $6.2M | $23.3M | — | View 990 |
| 2017 | $14.3M | $17.3M | $5.9M | $21.1M | — | View 990 |
| 2016 | $14.9M | $16.8M | $7.6M | $18.5M | — | View 990 |
| 2015 | $14.5M | $16.4M | $8.6M | $15.4M | — | View 990 |
| 2014 | $15.8M | $16.7M | $10.4M | $15.3M | — | View 990 |
| 2013 | $13.7M | $15.4M | $8.1M | $12.8M | — | View 990 |
| 2012 | $16.9M | $16.1M | $8.7M | $11.6M | — | View 990 |
| 2011 | $14.6M | $15.2M | $6.2M | $9.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.6M, expenses of $19.7M, and assets of $5.8M (revenue +8.6% year-over-year).
- 2022: Revenue of $16.2M, expenses of $17.0M, and assets of $6.3M (revenue -14.4% year-over-year).
- 2021: Revenue of $18.9M, expenses of $17.1M, and assets of $8.0M (revenue +8.3% year-over-year).
- 2020: Revenue of $17.4M, expenses of $18.9M, and assets of $7.5M (revenue +8.9% year-over-year).
- 2019: Revenue of $16.0M, expenses of $18.1M, and assets of $6.1M (revenue +4.5% year-over-year).
- 2018: Revenue of $15.3M, expenses of $16.9M, and assets of $6.2M (revenue +7.4% year-over-year).
- 2017: Revenue of $14.3M, expenses of $17.3M, and assets of $5.9M (revenue -4.2% year-over-year).
- 2016: Revenue of $14.9M, expenses of $16.8M, and assets of $7.6M (revenue +2.7% year-over-year).
- 2015: Revenue of $14.5M, expenses of $16.4M, and assets of $8.6M (revenue -8.2% year-over-year).
- 2014: Revenue of $15.8M, expenses of $16.7M, and assets of $10.4M (revenue +15.5% year-over-year).
- 2013: Revenue of $13.7M, expenses of $15.4M, and assets of $8.1M (revenue -18.9% year-over-year).
- 2012: Revenue of $16.9M, expenses of $16.1M, and assets of $8.7M (revenue +15.4% year-over-year).
- 2011: Revenue of $14.6M, expenses of $15.2M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for League School:
Data Sources and Methodology
This transparency report for League 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.