Leeway School

Leeway School operates with tight margins and no reported officer compensation, consistently filing IRS 990s.

EIN: 112272955 · Sayville, NY · Updated: 2026-03-28

$4.1MRevenue

$1.1MAssets

75/100Mission Score (Good)

Is Leeway School Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Leeway School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Leeway School

Leeway School (EIN: 112272955) is a nonprofit organization based in Sayville, NY. The organization reported total revenue of $4.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leeway School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Leeway School demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, revenue was $3,907,732 against expenses of $3,884,964, indicating a tight operational budget. While the organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to mission, the NTEE code is unknown, which can hinder a full understanding of its specific programmatic focus and comparative efficiency within its sector. The organization's assets have fluctuated but remained relatively stable, with $1,163,015 in assets in 2023, while liabilities have consistently exceeded assets, reaching $1,749,356 in 2023. This consistent asset-to-liability ratio suggests a reliance on external funding or short-term liabilities to cover operational costs.

The spending efficiency appears to be high, given the minimal difference between revenues and expenses in most years, suggesting that most incoming funds are directly utilized for operations. The absence of reported officer compensation further supports efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency regarding its financial operations, even if some details like NTEE code are not readily available in the provided data.

Overall, Leeway School appears to be a financially stable organization with a lean operational model, as evidenced by its tight revenue-to-expense margins and zero reported officer compensation. The primary area for improved transparency would be a more detailed breakdown of expenses to fully understand its spending efficiency across different categories and the clarification of its NTEE code to better contextualize its mission and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Leeway 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Leeway School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Leeway School consistently reports 0% officer compensation across all provided filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with annual revenues exceeding $3 million.

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 Leeway School's IRS 990 filings:

Consistent liabilities exceeding assets
Unknown NTEE code hindering comparative analysis
Unusually low (0%) reported officer compensation for an organization of this size

Strengths

The following positive indicators were identified for Leeway School:

Consistent IRS 990 filing history (13 filings) indicating transparency
Tight operational margins, suggesting efficient use of funds (e.g., 2023 revenue $3,907,732 vs. expenses $3,884,964)
No reported officer compensation, potentially maximizing funds for programs

Frequently Asked Questions about Leeway School

Is Leeway School a legitimate charity?

Based on AI analysis of IRS 990 filings, Leeway School (EIN: 112272955) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

How does Leeway School spend its money?

Leeway School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Leeway School tax-deductible?

Leeway School is registered as a tax-exempt nonprofit (EIN: 112272955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Why does Leeway School consistently report 0% officer compensation?

The provided data consistently shows 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $3 million. This could indicate that executive roles are filled by volunteers, compensated through a separate entity, or that compensation is reported under a different category not captured by 'Officer Comp'.

What is the NTEE code for Leeway School and how does it impact its financial analysis?

The NTEE code is unknown from the provided data. Knowing the NTEE code would allow for a more accurate comparison of Leeway School's financial metrics (like spending efficiency and asset-to-liability ratios) against peer organizations within its specific sector, providing better context for its financial health and operational model.

Why do liabilities consistently exceed assets for Leeway School?

Leeway School's liabilities consistently exceed its assets, for example, $1,749,356 in liabilities versus $1,163,015 in assets in 2023. This could indicate a reliance on short-term debt, grants received in advance, or other liabilities that are not immediately offset by liquid assets. While not necessarily a red flag on its own, it warrants further investigation into the nature of these liabilities and the organization's long-term financial strategy.

Filing History

IRS 990 filing history for Leeway School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Leeway School's revenue has grown by 10.9%, moving from $3.5M to $3.9M. Total assets decreased by 24.3% over the same period, from $1.5M to $1.2M. Total functional expenses rose by 7.5%, from $3.6M to $3.9M. In its most recent filing year (2023), Leeway School reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $1.2M in assets (debt-to-asset ratio: 150.4%), resulting in net assets of $-586,341.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.9M	$3.9M	$1.2M	$1.7M	—	View 990
2022	$3.7M	$3.4M	$954K	$1.6M	—	View 990
2021	$2.9M	$3.1M	$1.2M	$2.1M	—	View 990
2020	$3.1M	$3.2M	$1.0M	$1.8M	—	View 990
2019	$3.2M	$3.2M	$1.3M	$2.0M	—	View 990
2018	$3.0M	$3.1M	$1.0M	$1.7M	—	View 990
2017	$3.1M	$3.1M	$841K	$1.6M	—	View 990
2016	$2.9M	$3.1M	$964K	$1.5M	—	View 990
2015	$3.3M	$3.2M	$940K	$1.4M	—	View 990
2014	$3.2M	$3.3M	$924K	$1.4M	—	View 990
2013	$2.7M	$2.9M	$974K	$1.3M	—	View 990
2012	$3.0M	$3.4M	$1.2M	$1.3M	—	View 990
2011	$3.5M	$3.6M	$1.5M	$1.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.9M, expenses of $3.9M, and assets of $1.2M (revenue +4.4% year-over-year).
2022: Revenue of $3.7M, expenses of $3.4M, and assets of $954K (revenue +29.0% year-over-year).
2021: Revenue of $2.9M, expenses of $3.1M, and assets of $1.2M (revenue -7.7% year-over-year).
2020: Revenue of $3.1M, expenses of $3.2M, and assets of $1.0M (revenue -2.5% year-over-year).
2019: Revenue of $3.2M, expenses of $3.2M, and assets of $1.3M (revenue +6.0% year-over-year).
2018: Revenue of $3.0M, expenses of $3.1M, and assets of $1.0M (revenue -0.3% year-over-year).
2017: Revenue of $3.1M, expenses of $3.1M, and assets of $841K (revenue +3.4% year-over-year).
2016: Revenue of $2.9M, expenses of $3.1M, and assets of $964K (revenue -10.4% year-over-year).
2015: Revenue of $3.3M, expenses of $3.2M, and assets of $940K (revenue +4.1% year-over-year).
2014: Revenue of $3.2M, expenses of $3.3M, and assets of $924K (revenue +16.5% year-over-year).
2013: Revenue of $2.7M, expenses of $2.9M, and assets of $974K (revenue -10.6% year-over-year).
2012: Revenue of $3.0M, expenses of $3.4M, and assets of $1.2M (revenue -13.8% year-over-year).
2011: Revenue of $3.5M, expenses of $3.6M, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Leeway 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.