Memorial Spaulding School Extended Day Program Inc
Memorial Spaulding School Extended Day Program: Consistent Operations, Limited Financial Detail
EIN: 222498817 · Newton, MA · NTEE: B9XZ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $477K |
| Total Expenses | $353K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $317K |
| Transparency Score | 75/100 |
Is Memorial Spaulding School Extended Day Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Memorial Spaulding School Extended Day Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Memorial Spaulding School Extended Day Program Inc
Memorial Spaulding School Extended Day Program Inc (EIN: 222498817) is a nonprofit organization based in Newton, MA, classified under NTEE code B9XZ. The organization reported total revenue of $477K and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memorial Spaulding School Extended Day Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memorial Spaulding School Extended Day Program Inc is a small nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $353K |
| Surplus / Deficit | +$17K |
| Total Assets | $317K |
| Net Assets | $317K |
| Operating Margin | 4.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Memorial Spaulding School Extended Day Program Inc reported a surplus of $17K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2023), Memorial Spaulding School Extended Day Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.3% | +17.2% | +5.7% |
| 2022 | +472.9% | +109.0% | -1.9% |
| 2021 | -85.5% | -56.1% | -34.3% |
| 2020 | -38.0% | -36.0% | +19.1% |
| 2018 | +4.8% | +3.1% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Memorial Spaulding School Extended Day Program Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Memorial Spaulding School Extended Day Program 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 $17K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the available Form 990-EZ filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation from the organization or related organizations.
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 Memorial Spaulding School Extended Day Program Inc's IRS 990 filings:
- Significant fluctuations in revenue, from $51,602 in 2021 to $477,404 in 2023, without clear explanations in public filings.
- The organization's net assets have shown volatility, with a notable drop from $465,261 in 2020 to $316,794 in 2023.
- Limited public information beyond basic financial filings makes it challenging to assess program effectiveness and long-term strategy.
Strengths
The following positive indicators were identified for Memorial Spaulding School Extended Day Program Inc:
- Consistently low administrative and fundraising expenses, suggesting a focus on program delivery.
- Long operational history, indicating sustained community presence.
- Positive net assets in most reported years, demonstrating financial solvency.
Frequently Asked Questions about Memorial Spaulding School Extended Day Program Inc
Is Memorial Spaulding School Extended Day Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Memorial Spaulding School Extended Day Program Inc (EIN: 222498817) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Memorial Spaulding School Extended Day Program Inc spend its money?
Memorial Spaulding School Extended Day Program Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Memorial Spaulding School Extended Day Program Inc tax-deductible?
Memorial Spaulding School Extended Day Program Inc is registered as a tax-exempt nonprofit (EIN: 222498817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Memorial Spaulding School Extended Day Program Inc CEO make?
Memorial Spaulding School Extended Day Program Inc's highest-compensated officer earns $100,000 annually. The organization reported $477K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Memorial Spaulding School Extended Day Program Inc's spending goes to programs?
Memorial Spaulding School Extended Day Program Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Memorial Spaulding School Extended Day Program Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Memorial Spaulding School Extended Day Program Inc is above average for NTEE category B9XZ nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Memorial Spaulding School Extended Day Program Inc located?
Memorial Spaulding School Extended Day Program Inc is headquartered in Newton, Massachusetts and files with the IRS under EIN 222498817. It is classified under NTEE code B9XZ.
How many years of IRS 990 filings does Memorial Spaulding School Extended Day Program Inc have?
Memorial Spaulding School Extended Day Program Inc has 10 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 $477K in total revenue.
What does Memorial Spaulding School Extended Day Program Inc do?
Memorial Spaulding School Extended Day Program Inc is a nonprofit organization in the Education sector, located in Newton, Massachusetts. It is classified under NTEE code B9XZ.
How much revenue does Memorial Spaulding School Extended Day Program Inc have?
Memorial Spaulding School Extended Day Program Inc reported total revenue of $477,404. Based on 10 IRS 990 filings on record.
What are Memorial Spaulding School Extended Day Program Inc's total assets?
Memorial Spaulding School Extended Day Program Inc holds total assets of $537,283 as reported in IRS 990 filings.
Where is Memorial Spaulding School Extended Day Program Inc located?
Memorial Spaulding School Extended Day Program Inc is based in Newton, Massachusetts.
What is Memorial Spaulding School Extended Day Program Inc's EIN?
Memorial Spaulding School Extended Day Program Inc's Employer Identification Number (EIN) is 222498817. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Memorial Spaulding School Extended Day Program Inc?
Memorial Spaulding School Extended Day Program Inc is classified under NTEE code B9XZ (Education).
Is Memorial Spaulding School Extended Day Program Inc a registered 501(c)(3)?
Yes, Memorial Spaulding School Extended Day Program Inc is recognized as a tax-exempt organization by the IRS. EIN: 222498817.
Does Memorial Spaulding School Extended Day Program Inc file IRS Form 990?
Yes, Memorial Spaulding School Extended Day Program Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Memorial Spaulding School Extended Day Program Inc's revenue in 2023?
In the 202306 filing period, Memorial Spaulding School Extended Day Program Inc reported total revenue of $370,361, total expenses of $353,420, and net assets of $316,794.
Is Memorial Spaulding School Extended Day Program Inc's revenue growing or declining?
Memorial Spaulding School Extended Day Program Inc's revenue is growing. Revenue went from $295,604 (202206) to $370,361 (202306), a +25.3% change. Based on 10 filings on record.
What is Memorial Spaulding School Extended Day Program Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Memorial Spaulding School Extended Day Program Inc covers tax period 202306. It shows revenue of $370,361, expenses of $353,420, total assets of $316,794, and liabilities of N/A.
How much does Memorial Spaulding School Extended Day Program Inc spend on programs vs administration?
Based on IRS 990 analysis, Memorial Spaulding School Extended Day Program Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Memorial Spaulding School Extended Day Program Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Memorial Spaulding School Extended Day Program Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Memorial Spaulding School Extended Day Program Inc?
The following concerns were identified: Significant fluctuations in revenue, from $51,602 in 2021 to $477,404 in 2023, without clear explanations in public filings.. The organization's net assets have shown volatility, with a notable drop from $465,261 in 2020 to $316,794 in 2023.. Limited public information beyond basic financial filings makes it challenging to assess program effectiveness and long-term strategy.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Memorial Spaulding School Extended Day Program Inc's strengths?
Positive indicators for Memorial Spaulding School Extended Day Program Inc include: Consistently low administrative and fundraising expenses, suggesting a focus on program delivery.. Long operational history, indicating sustained community presence.. Positive net assets in most reported years, demonstrating financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Memorial Spaulding School Extended Day Program Inc compensate executives?
Executive compensation is not reported in the available Form 990-EZ filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation from the organization or related organizations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant revenue fluctuations, what specific strategies does the organization employ to manage financial stability and ensure consistent program delivery?
The available filings do not detail specific strategies for managing revenue volatility. The organization's consistent program expenses despite revenue changes suggest a reliance on reserves or flexible operational models, but this is not explicitly stated.
How does the organization measure and report the impact of its extended day programs, especially considering the limited narrative in its Form 990-EZ filings?
The Form 990-EZ filings provide minimal narrative on program impact. Without additional public reports or a website, it is unclear how the organization quantitatively or qualitatively measures and communicates the effectiveness of its extended day programs to stakeholders.
Filing History
IRS 990 filing history for Memorial Spaulding School Extended Day Program Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Memorial Spaulding School Extended Day Program Inc's revenue has grown by 10.6%, moving from $335K to $370K. Total assets increased by 334% over the same period, from $73K to $317K. Total functional expenses rose by 0.4%, from $352K to $353K. In its most recent filing year (2023), Memorial Spaulding School Extended Day Program Inc reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $370K | $353K | $317K | $0 | — | View 990 |
| 2022 | $296K | $302K | $300K | $0 | — | View 990 |
| 2021 | $52K | $144K | $306K | $0 | — | View 990 |
| 2020 | $356K | $329K | $465K | $67K | — | View 990 |
| 2018 | $574K | $513K | $391K | $0 | — | — |
| 2017 | $548K | $498K | $330K | $0 | — | View 990 |
| 2015 | $390K | $378K | $149K | $0 | — | View 990 |
| 2013 | $405K | $371K | $95K | $0 | — | View 990 |
| 2012 | $331K | $344K | $60K | $0 | — | View 990 |
| 2011 | $335K | $352K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $370K, expenses of $353K, and assets of $317K (revenue +25.3% year-over-year).
- 2022: Revenue of $296K, expenses of $302K, and assets of $300K (revenue +472.9% year-over-year).
- 2021: Revenue of $52K, expenses of $144K, and assets of $306K (revenue -85.5% year-over-year).
- 2020: Revenue of $356K, expenses of $329K, and assets of $465K (revenue -38.0% year-over-year).
- 2018: Revenue of $574K, expenses of $513K, and assets of $391K (revenue +4.8% year-over-year).
- 2017: Revenue of $548K, expenses of $498K, and assets of $330K (revenue +40.6% year-over-year).
- 2015: Revenue of $390K, expenses of $378K, and assets of $149K (revenue -3.9% year-over-year).
- 2013: Revenue of $405K, expenses of $371K, and assets of $95K (revenue +22.5% year-over-year).
- 2012: Revenue of $331K, expenses of $344K, and assets of $60K (revenue -1.2% year-over-year).
- 2011: Revenue of $335K, expenses of $352K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memorial Spaulding School Extended Day Program Inc:
Data Sources and Methodology
This transparency report for Memorial Spaulding School Extended Day Program 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.