Midland School
Midland School: Consistent Revenue, Strong Asset Base, and Stable Leadership
EIN: 221666121 · North Branch, NJ · Updated: 2026-04-04
Is Midland School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midland School directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midland School
Midland School (EIN: 221666121) is a nonprofit organization based in North Branch, NJ. The organization reported total revenue of $10.3M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midland School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Midland School with a Mission Score of 85 out of 100 (Excellent). 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, Midland 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the 'x' values (expenses) are consistently lower than 'r' values (revenues) in most years, suggesting overall financial prudence.
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.
Strengths
The following positive indicators were identified for Midland School:
- Consistent revenue generation, with 2023 revenue at $9,447,863.
- Strong and growing asset base, reaching $16,591,725 in 2023.
- Expenses are generally well-managed, with 2023 expenses at $8,718,188, indicating efficient operations.
- Healthy liquidity with current assets consistently exceeding current liabilities.
Frequently Asked Questions about Midland School
Is Midland School a legitimate charity?
Based on AI analysis of IRS 990 filings, Midland School (EIN: 221666121) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Midland School spend its money?
Midland School directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Midland School tax-deductible?
Midland School is registered as a tax-exempt nonprofit (EIN: 221666121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Midland School do?
Midland School is a nonprofit organization in the Unknown sector, located in North Branch, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Midland School have?
Midland School reported total revenue of $10,313,743. Based on 13 IRS 990 filings on record.
What are Midland School's total assets?
Midland School holds total assets of $17,330,444 as reported in IRS 990 filings.
Where is Midland School located?
Midland School is based in North Branch, New Jersey.
What is Midland School's EIN?
Midland School's Employer Identification Number (EIN) is 221666121. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Midland School?
Midland School is classified under NTEE code Unknown (Unknown).
Is Midland School a registered 501(c)(3)?
Midland School appears in IRS records (EIN: 221666121). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Midland School file IRS Form 990?
Yes, Midland School has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Midland School's revenue in 2023?
In the 202306 filing period, Midland School reported total revenue of $9,447,863, total expenses of $8,718,188, and net assets of $16,591,725.
Is Midland School's revenue growing or declining?
Midland School's revenue is growing. Revenue went from $7,595,653 (202206) to $9,447,863 (202306), a +24.4% change. Based on 13 filings on record.
What is Midland School's most recent 990 filing?
The most recent IRS Form 990 filing for Midland School covers tax period 202306. It shows revenue of $9,447,863, expenses of $8,718,188, total assets of $16,591,725, and liabilities of $2,612,355.
How much does Midland School spend on programs vs administration?
Based on IRS 990 analysis, Midland School allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Midland School a trustworthy charity?
Based on AI analysis of IRS 990 data, Midland School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Midland School's strengths?
Positive indicators for Midland School include: Consistent revenue generation, with 2023 revenue at $9,447,863.. Strong and growing asset base, reaching $16,591,725 in 2023.. Expenses are generally well-managed, with 2023 expenses at $8,718,188, indicating efficient operations.. Healthy liquidity with current assets consistently exceeding current liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Midland School compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the 'x' values (expenses) are consistently lower than 'r' values (revenues) in most years, suggesting overall financial prudence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Midland School managed to maintain a stable financial position despite fluctuations in revenue over the past several years?
Midland School has consistently managed its expenses to remain below its revenues in most years, as seen by 'x' values being less than 'r' values. For example, in 2023, revenues were $9,447,863 while expenses were $8,718,188, demonstrating effective cost control and financial planning.
What is the trend in Midland School's net assets, and what does this imply about its long-term financial health?
Midland School's net assets (assets minus liabilities) have shown a positive trend, increasing from $14,972,099 in 2019 to $16,591,725 in 2023. This consistent growth in net assets indicates strong long-term financial health and an increasing capacity to fulfill its mission.
Filing History
IRS 990 filing history for Midland School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midland School's revenue has declined by 6.2%, moving from $10.1M to $9.4M. Total assets increased by 21% over the same period, from $13.7M to $16.6M. Total functional expenses fell by 11.6%, from $9.9M to $8.7M. In its most recent filing year (2023), Midland School reported a surplus of $730K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $16.6M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.4M | $8.7M | $16.6M | $2.6M | — | — |
| 2022 | $7.6M | $8.3M | $15.5M | $2.4M | — | View 990 |
| 2021 | $7.7M | $7.5M | $16.2M | $2.4M | — | View 990 |
| 2020 | $8.5M | $7.8M | $15.3M | $2.5M | — | View 990 |
| 2019 | $6.7M | $7.8M | $15.0M | $2.6M | — | View 990 |
| 2018 | $8.4M | $8.0M | $15.9M | $2.7M | — | View 990 |
| 2017 | $9.3M | $8.6M | $15.8M | $3.0M | — | View 990 |
| 2016 | $9.5M | $9.1M | $15.0M | $3.1M | — | View 990 |
| 2015 | $10.0M | $9.8M | $15.0M | $3.2M | — | View 990 |
| 2014 | $10.0M | $9.6M | $14.9M | $3.3M | — | View 990 |
| 2013 | $10.0M | $9.7M | $14.3M | $3.4M | — | View 990 |
| 2012 | $9.7M | $9.6M | $13.5M | $3.2M | — | View 990 |
| 2011 | $10.1M | $9.9M | $13.7M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.4M, expenses of $8.7M, and assets of $16.6M (revenue +24.4% year-over-year).
- 2022: Revenue of $7.6M, expenses of $8.3M, and assets of $15.5M (revenue -1.0% year-over-year).
- 2021: Revenue of $7.7M, expenses of $7.5M, and assets of $16.2M (revenue -9.9% year-over-year).
- 2020: Revenue of $8.5M, expenses of $7.8M, and assets of $15.3M (revenue +28.0% year-over-year).
- 2019: Revenue of $6.7M, expenses of $7.8M, and assets of $15.0M (revenue -20.9% year-over-year).
- 2018: Revenue of $8.4M, expenses of $8.0M, and assets of $15.9M (revenue -9.5% year-over-year).
- 2017: Revenue of $9.3M, expenses of $8.6M, and assets of $15.8M (revenue -2.1% year-over-year).
- 2016: Revenue of $9.5M, expenses of $9.1M, and assets of $15.0M (revenue -5.2% year-over-year).
- 2015: Revenue of $10.0M, expenses of $9.8M, and assets of $15.0M (revenue +0.2% year-over-year).
- 2014: Revenue of $10.0M, expenses of $9.6M, and assets of $14.9M (revenue +0.1% year-over-year).
- 2013: Revenue of $10.0M, expenses of $9.7M, and assets of $14.3M (revenue +2.7% year-over-year).
- 2012: Revenue of $9.7M, expenses of $9.6M, and assets of $13.5M (revenue -3.5% year-over-year).
- 2011: Revenue of $10.1M, expenses of $9.9M, and assets of $13.7M.
Data Sources and Methodology
This transparency report for Midland 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.