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)

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Leeway School Financial Summary
MetricValue
Total Revenue$4.1M
Total Expenses$3.9M
Program Spending90%
CEO/Top Officer Pay$3
Net Assets$-586,341
Transparency Score75/100

Search Intent Cockpit

Leeway School Form 990, Revenue, CEO Pay, and IRS Filing Signals

Leeway School is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Leeway School in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $3.9M and expenses of $3.9M.

Revenue and Expenses

Leeway School reported $3.9M in revenue and $3.9M in expenses, a surplus of $23K.

Executive Compensation

Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Leeway School Expense Deployment
Program services$3.5M (90%)

Across stored filings, Leeway School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Leeway School Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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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.

Organization Overview

53Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Leeway School is a mid-size 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 0.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.9M
Total Expenses$3.9M
Surplus / Deficit+$23K
Total Assets$1.2M
Total Liabilities$1.7M
Net Assets$-586,341
Operating Margin0.6%
Debt-to-Asset Ratio150.4%
Months of Reserves3.6 months

Financial Health Grade: A

In 2023, Leeway School reported a surplus of $23K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 150.4% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Leeway School's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+4.4%+12.9%+21.9%
2022+29.0%+12.1%-17.5%
2021-7.7%-3.1%+12.4%
2020-2.5%-1.6%-17.7%
2019+6.0%+5.4%+23.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1973

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.9MTotal Revenue
$3.9MTotal Expenses
$1.2MTotal Assets
$1.7MTotal Liabilities
$-586,341Net Assets
  • The organization reported a surplus of $23K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 150.4%.

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?

Leeway School (EIN: 112272955) 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: $4.1M. 3 red flags identified. 3 strengths noted. Financial health grade: A.

How does Leeway School spend its money?

Leeway School directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

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.

How much does the Leeway School CEO make?

Leeway School's highest-compensated officer earns $3 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Leeway School's spending goes to programs?

Leeway School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Leeway School located?

Leeway School is headquartered in Sayville, New York and files with the IRS under EIN 112272955.

How many years of IRS 990 filings does Leeway School have?

Leeway 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 $4.1M in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Leeway School:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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