Mill Neck Manor Luthern School For The Deaf
Mill Neck Manor Lutheran School For The Deaf shows stable revenue but significant and growing liabilities since 2020.
EIN: 111700961 · Mill Neck, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| Net Assets | $-10,031,858 |
| Transparency Score | 70/100 |
Is Mill Neck Manor Luthern School For The Deaf Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mill Neck Manor Luthern School For The Deaf directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mill Neck Manor Luthern School For The Deaf
Mill Neck Manor Luthern School For The Deaf (EIN: 111700961) is a nonprofit organization based in Mill Neck, NY. The organization reported total revenue of $10.7M and total assets of $21.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mill Neck Manor Luthern School For The Deaf's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mill Neck Manor Luthern School For The Deaf is a large nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.8M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$644K |
| Total Assets | $20.6M |
| Total Liabilities | $30.6M |
| Net Assets | $-10,031,858 |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 148.7% |
| Months of Reserves | 24.3 months |
Financial Health Grade: A
In 2023, Mill Neck Manor Luthern School For The Deaf reported a surplus of $644K with revenue exceeding expenses, holds 24.3 months of operating reserves (strong position), has a debt-to-asset ratio of 148.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mill Neck Manor Luthern School For The Deaf's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | -9.0% | +2.5% |
| 2022 | -14.6% | -1.7% | -7.3% |
| 2021 | +4.1% | -27.3% | -7.2% |
| 2020 | +3.2% | +41.2% | +0.5% |
| 2019 | -4.5% | -5.3% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1941 |
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 Mill Neck Manor Luthern School For The Deaf with a Mission Score of 70 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, Mill Neck Manor Luthern School For The Deaf 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 $644K, with revenue exceeding expenses.
- Debt-to-asset ratio: 148.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is a strong positive for directing resources to its mission.
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 Mill Neck Manor Luthern School For The Deaf's IRS 990 filings:
- Significant and sustained increase in liabilities from 202006 ($34,773,815) compared to prior years ($6,131,827 in 201906).
- Negative net asset position in recent years (e.g., assets $20,604,500 vs. liabilities $30,636,358 in 202306), indicating liabilities exceed assets.
- Expenses exceeded revenue in several periods (e.g., 202206, 202106, 202006), potentially drawing down reserves or increasing debt.
Strengths
The following positive indicators were identified for Mill Neck Manor Luthern School For The Deaf:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Stable revenue generation, generally around $10-14 million annually, demonstrating consistent operational funding.
- Long history of IRS 990 filings (13 filings), suggesting a commitment to regulatory compliance and transparency.
Frequently Asked Questions about Mill Neck Manor Luthern School For The Deaf
Is Mill Neck Manor Luthern School For The Deaf a legitimate charity?
Based on AI analysis of IRS 990 filings, Mill Neck Manor Luthern School For The Deaf (EIN: 111700961) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Mill Neck Manor Luthern School For The Deaf spend its money?
Mill Neck Manor Luthern School For The Deaf directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mill Neck Manor Luthern School For The Deaf tax-deductible?
Mill Neck Manor Luthern School For The Deaf is registered as a tax-exempt nonprofit (EIN: 111700961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mill Neck Manor Luthern School For The Deaf's spending goes to programs?
Mill Neck Manor Luthern School For The Deaf directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mill Neck Manor Luthern School For The Deaf located?
Mill Neck Manor Luthern School For The Deaf is headquartered in Mill Neck, New York and files with the IRS under EIN 111700961.
How many years of IRS 990 filings does Mill Neck Manor Luthern School For The Deaf have?
Mill Neck Manor Luthern School For The Deaf 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 $10.7M in total revenue.
What is the nature of the significant increase in liabilities from 2020 onwards?
The provided data shows liabilities jumped from $6,131,827 in 201906 to $34,773,815 in 202006 and remained high, reaching $30,636,358 in 202306. Understanding the specific types of liabilities (e.g., long-term debt, pension obligations) is crucial for a complete financial assessment.
How does the organization plan to address its negative net asset position?
With assets of $20,604,500 and liabilities of $30,636,358 in 202306, the organization has a negative net asset position. The strategy for improving this balance and ensuring long-term solvency is a key financial question.
What are the specific program, administrative, and fundraising expense ratios?
While overall expenses are provided, a detailed breakdown of how the $10,162,757 in expenses for 202306 is allocated across programs, administration, and fundraising is needed to fully assess spending efficiency.
Filing History
IRS 990 filing history for Mill Neck Manor Luthern School For The Deaf showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mill Neck Manor Luthern School For The Deaf's revenue has declined by 19.2%, moving from $13.4M to $10.8M. Total assets decreased by 23.1% over the same period, from $26.8M to $20.6M. Total functional expenses fell by 21.3%, from $12.9M to $10.2M. In its most recent filing year (2023), Mill Neck Manor Luthern School For The Deaf reported a surplus of $644K, with revenue exceeding expenses. The organization holds $30.6M in liabilities against $20.6M in assets (debt-to-asset ratio: 148.7%), resulting in net assets of $-10,031,858.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.8M | $10.2M | $20.6M | $30.6M | — | — |
| 2022 | $9.3M | $11.2M | $20.1M | $33.8M | — | View 990 |
| 2021 | $10.9M | $11.4M | $21.7M | $33.2M | — | View 990 |
| 2020 | $10.5M | $15.6M | $23.4M | $34.8M | — | View 990 |
| 2019 | $10.2M | $11.1M | $23.3M | $6.1M | — | View 990 |
| 2018 | $10.7M | $11.7M | $23.1M | $5.2M | — | View 990 |
| 2017 | $12.6M | $13.2M | $25.0M | $5.8M | — | View 990 |
| 2016 | $13.3M | $13.9M | $24.2M | $5.6M | — | View 990 |
| 2015 | $14.1M | $13.6M | $25.8M | $6.7M | — | View 990 |
| 2014 | $12.7M | $13.3M | $26.6M | $4.2M | — | View 990 |
| 2013 | $16.5M | $12.9M | $27.0M | $3.9M | — | View 990 |
| 2012 | $13.8M | $13.0M | $26.6M | $7.9M | — | View 990 |
| 2011 | $13.4M | $12.9M | $26.8M | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.8M, expenses of $10.2M, and assets of $20.6M (revenue +15.7% year-over-year).
- 2022: Revenue of $9.3M, expenses of $11.2M, and assets of $20.1M (revenue -14.6% year-over-year).
- 2021: Revenue of $10.9M, expenses of $11.4M, and assets of $21.7M (revenue +4.1% year-over-year).
- 2020: Revenue of $10.5M, expenses of $15.6M, and assets of $23.4M (revenue +3.2% year-over-year).
- 2019: Revenue of $10.2M, expenses of $11.1M, and assets of $23.3M (revenue -4.5% year-over-year).
- 2018: Revenue of $10.7M, expenses of $11.7M, and assets of $23.1M (revenue -15.2% year-over-year).
- 2017: Revenue of $12.6M, expenses of $13.2M, and assets of $25.0M (revenue -5.9% year-over-year).
- 2016: Revenue of $13.3M, expenses of $13.9M, and assets of $24.2M (revenue -5.6% year-over-year).
- 2015: Revenue of $14.1M, expenses of $13.6M, and assets of $25.8M (revenue +11.1% year-over-year).
- 2014: Revenue of $12.7M, expenses of $13.3M, and assets of $26.6M (revenue -22.9% year-over-year).
- 2013: Revenue of $16.5M, expenses of $12.9M, and assets of $27.0M (revenue +20.0% year-over-year).
- 2012: Revenue of $13.8M, expenses of $13.0M, and assets of $26.6M (revenue +3.1% year-over-year).
- 2011: Revenue of $13.4M, expenses of $12.9M, and assets of $26.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mill Neck Manor Luthern School For The Deaf:
Data Sources and Methodology
This transparency report for Mill Neck Manor Luthern School For The Deaf 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.