Maplewood School

Maplewood School faces recurring deficits and declining assets, with liabilities exceeding assets in 2023.

EIN: 111978365 · Wantagh, NY · NTEE: B21Z · Updated: 2026-03-28

$3.6MRevenue
$1.0MAssets
60/100Mission Score (Good)
B21Z

Is Maplewood School Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
4 FoundRed Flags

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

Maplewood School directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Maplewood School

Maplewood School (EIN: 111978365) is a nonprofit organization based in Wantagh, NY, classified under NTEE code B21Z. The organization reported total revenue of $3.6M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maplewood School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

49Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Maplewood School is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.4M
Total Expenses$3.7M
Surplus / Deficit$-343,486
Total Assets$846K
Total Liabilities$903K
Net Assets$-56,970
Operating Margin-10.1%
Debt-to-Asset Ratio106.7%
Months of Reserves2.7 months

Financial Health Grade: D

In 2023, Maplewood School reported a deficit of $343K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 106.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Maplewood School's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.0%+11.8%-28.4%
2022-18.4%+9.7%+7.4%
2021+113.6%+23.7%+382.4%
2020-39.8%-23.6%-71.7%
2019+29.4%+5.7%+16.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1977

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

AI Transparency Report

Maplewood School demonstrates a fluctuating financial position over the past several years. While the organization has consistently generated over $2.5 million in revenue annually, recent filings show a trend of expenses exceeding revenue, particularly in 2023 where expenses of $3,731,848 outstripped revenue of $3,388,362. This has led to a negative net asset position in 2023, with liabilities ($903,462) exceeding assets ($846,492). The organization's assets have also shown significant volatility, peaking at $1,181,904 in 2022 before dropping to $846,492 in 2023. The lack of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. The NTEE code B21Z indicates a focus on elementary and secondary education, aligning with the 'School' in its name. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent operational deficits in recent years raise concerns about long-term financial sustainability if not addressed. Overall, Maplewood School appears to be a functioning educational institution, but its financial health shows signs of strain due to recurring deficits and a declining asset base. Improved transparency regarding expense allocation and a strategy to return to a positive net asset position would strengthen its financial standing and public trust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maplewood School with a Mission Score of 60 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

According to IRS 990 filings, Maplewood School allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.4MTotal Revenue
$3.7MTotal Expenses
$846KTotal Assets
$903KTotal Liabilities
$-56,970Net Assets

Executive Compensation Analysis

No officer compensation has been reported across all available filings, which could indicate a volunteer executive leadership or that compensation is categorized differently, making it difficult to assess executive pay relative to the organization's size and revenue of over $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 Maplewood School's IRS 990 filings:

Strengths

The following positive indicators were identified for Maplewood School:

Frequently Asked Questions about Maplewood School

Is Maplewood School a legitimate charity?

Based on AI analysis of IRS 990 filings, Maplewood School (EIN: 111978365) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.

How does Maplewood School spend its money?

Maplewood School directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Maplewood School tax-deductible?

Maplewood School is registered as a tax-exempt nonprofit (EIN: 111978365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Maplewood School financially sustainable given its recent deficits?

Maplewood School has experienced expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2020, 2019, 2018), leading to a negative net asset position in 2023. This trend raises concerns about long-term financial sustainability if not reversed.

Why is no officer compensation reported?

The IRS 990 filings consistently show 0% for officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under other expense categories, which would reduce transparency regarding leadership costs.

What caused the significant drop in assets from $1,181,904 in 2022 to $846,492 in 2023?

The filings indicate a substantial decrease in assets, coupled with an increase in liabilities, suggesting either significant asset utilization, depreciation, or a reclassification of funds, which warrants further investigation into the specific financial activities during that period.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Maplewood School's revenue has grown by 58.6%, moving from $2.1M to $3.4M. Total assets increased by 216.8% over the same period, from $267K to $846K. Total functional expenses rose by 79.5%, from $2.1M to $3.7M. In its most recent filing year (2023), Maplewood School reported a deficit of $343K, with expenses exceeding revenue. The organization holds $903K in liabilities against $846K in assets (debt-to-asset ratio: 106.7%), resulting in net assets of $-56,970.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.4M $3.7M $846K $903K
2022 $3.3M $3.3M $1.2M $895K View 990
2021 $4.0M $3.0M $1.1M $767K View 990
2020 $1.9M $2.5M $228K $888K View 990
2019 $3.1M $3.2M $807K $896K View 990
2018 $2.4M $3.0M $693K $704K View 990
2017 $3.0M $2.9M $639K $30K View 990
2016 $2.8M $2.7M $495K $29K View 990
2015 $2.7M $2.6M $433K $26K View 990
2014 $2.6M $2.6M $391K $40K View 990
2013 $2.6M $2.6M $466K $48K View 990
2012 $2.5M $2.3M $444K $46K View 990
2011 $2.1M $2.1M $267K $94K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Maplewood 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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