New American Conservatory Inc
New American Conservatory Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 203356439 · Fort Wayne, IN · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $877K |
| Total Expenses | $690K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $224K |
| Transparency Score | 90/100 |
Is New American Conservatory Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New American Conservatory Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New American Conservatory Inc
New American Conservatory Inc (EIN: 203356439) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code B25. The organization reported total revenue of $877K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New American Conservatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New American Conservatory Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $817K |
| Total Expenses | $690K |
| Surplus / Deficit | +$127K |
| Total Assets | $231K |
| Total Liabilities | $7K |
| Net Assets | $224K |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2024, New American Conservatory Inc reported a surplus of $127K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), New American Conservatory Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +30.8% | -3.4% | +47.4% |
| 2023 | -1.5% | +11.4% | -33.8% |
| 2022 | -2.4% | +7.0% | -15.2% |
| 2021 | +6.0% | -2.4% | +15.1% |
| 2020 | -2.8% | +12.7% | +53.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 New American Conservatory Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New American Conservatory 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with recent revenues exceeding $800,000.
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 New American Conservatory Inc:
- Consistent revenue growth, from $389,157 in 201506 to $816,823 in 202406.
- No reported officer compensation across all 14 filings, indicating strong program focus and transparency.
- Positive net income in the most recent filing (202406), with revenues of $816,823 exceeding expenses of $690,207 by $126,616.
- Healthy asset growth, with assets increasing from $156,721 in 202306 to $231,035 in 202406.
- Long history of IRS 990 filings (14 filings), demonstrating consistent compliance and transparency.
Frequently Asked Questions about New American Conservatory Inc
Is New American Conservatory Inc a legitimate charity?
New American Conservatory Inc (EIN: 203356439) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $877K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New American Conservatory Inc spend its money?
New American Conservatory Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New American Conservatory Inc tax-deductible?
New American Conservatory Inc is registered as a tax-exempt nonprofit (EIN: 203356439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New American Conservatory Inc CEO make?
New American Conservatory Inc's highest-compensated officer earns $800,000. annually. The organization reported $877K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New American Conservatory Inc's spending goes to programs?
New American Conservatory Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New American Conservatory Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New American Conservatory Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New American Conservatory Inc located?
New American Conservatory Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 203356439. It is classified under NTEE code B25.
How many years of IRS 990 filings does New American Conservatory Inc have?
New American Conservatory Inc has 14 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 $877K in total revenue.
Is New American Conservatory Inc a good charity?
Based on the available financial data, New American Conservatory Inc appears to be a well-managed charity. It consistently generates revenue, has shown growth in assets, and notably reports no officer compensation, suggesting a strong dedication to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization has shown consistent revenue growth, from $389,157 in 201506 to $816,823 in 202406. While there have been periods where expenses exceeded revenue (e.g., 202306 with a deficit of $90,251), the overall trend indicates financial stability and growth, with a significant surplus of $126,616 in the latest period (202406).
What is the organization's approach to executive compensation?
New American Conservatory Inc reports 0% officer compensation in all available IRS 990 filings. This indicates a highly conservative approach to executive pay, suggesting that leadership may be volunteer or compensated through other means not classified as officer compensation, which is a strong positive for donor confidence.
Filing History
IRS 990 filing history for New American Conservatory Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New American Conservatory Inc's revenue has grown by 720.9%, moving from $100K to $817K. Total assets increased by 308.2% over the same period, from $57K to $231K. Total functional expenses rose by 495.4%, from $116K to $690K. In its most recent filing year (2024), New American Conservatory Inc reported a surplus of $127K, with revenue exceeding expenses. The organization holds $7K in liabilities against $231K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $817K | $690K | $231K | $7K | — | View 990 |
| 2023 | $624K | $715K | $157K | $59K | — | View 990 |
| 2022 | $634K | $641K | $237K | $49K | — | View 990 |
| 2021 | $649K | $599K | $279K | $84K | — | View 990 |
| 2020 | $612K | $614K | $242K | $97K | — | View 990 |
| 2019 | $629K | $545K | $158K | $10K | — | View 990 |
| 2018 | $551K | $526K | $129K | $66K | — | View 990 |
| 2017 | $472K | $446K | $55K | $17K | — | View 990 |
| 2016 | $385K | $408K | $27K | $16K | — | View 990 |
| 2015 | $389K | $365K | $36K | $1K | — | View 990 |
| 2014 | $300K | $343K | $61K | $50K | — | View 990 |
| 2013 | $392K | $385K | $60K | $6K | — | View 990 |
| 2012 | $219K | $212K | $51K | $4K | — | View 990 |
| 2011 | $100K | $116K | $57K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $817K, expenses of $690K, and assets of $231K (revenue +30.8% year-over-year).
- 2023: Revenue of $624K, expenses of $715K, and assets of $157K (revenue -1.5% year-over-year).
- 2022: Revenue of $634K, expenses of $641K, and assets of $237K (revenue -2.4% year-over-year).
- 2021: Revenue of $649K, expenses of $599K, and assets of $279K (revenue +6.0% year-over-year).
- 2020: Revenue of $612K, expenses of $614K, and assets of $242K (revenue -2.8% year-over-year).
- 2019: Revenue of $629K, expenses of $545K, and assets of $158K (revenue +14.1% year-over-year).
- 2018: Revenue of $551K, expenses of $526K, and assets of $129K (revenue +16.9% year-over-year).
- 2017: Revenue of $472K, expenses of $446K, and assets of $55K (revenue +22.6% year-over-year).
- 2016: Revenue of $385K, expenses of $408K, and assets of $27K (revenue -1.2% year-over-year).
- 2015: Revenue of $389K, expenses of $365K, and assets of $36K (revenue +29.6% year-over-year).
- 2014: Revenue of $300K, expenses of $343K, and assets of $61K (revenue -23.4% year-over-year).
- 2013: Revenue of $392K, expenses of $385K, and assets of $60K (revenue +79.2% year-over-year).
- 2012: Revenue of $219K, expenses of $212K, and assets of $51K (revenue +119.9% year-over-year).
- 2011: Revenue of $100K, expenses of $116K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New American Conservatory Inc:
Data Sources and Methodology
This transparency report for New American Conservatory 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.