New Concept Schools Inc
New Concept Schools Inc. shows consistent operations with recent minor deficit, no reported officer compensation.
EIN: 20315820 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,622,678 |
| Net Assets | $516K |
| Transparency Score | 88/100 |
Is New Concept Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Concept Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Concept Schools Inc
New Concept Schools Inc (EIN: 20315820) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $1.6M and total assets of $608K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Concept Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Concept Schools Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-87,168 |
| Total Assets | $576K |
| Total Liabilities | $60K |
| Net Assets | $516K |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, New Concept Schools Inc reported a deficit of $87K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Concept Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | +8.9% | -12.4% |
| 2022 | +10.1% | +12.1% | +7.9% |
| 2021 | +44.1% | -1.8% | +34.3% |
| 2020 | -20.8% | +5.3% | -8.1% |
| 2019 | +2.8% | +3.6% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
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 Concept Schools Inc with a Mission Score of 88 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 Concept Schools 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 deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size (latest revenue $1,622,678) and suggests a strong commitment to directing funds towards 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 New Concept Schools Inc's IRS 990 filings:
- Slight deficit in the most recent fiscal period (202308), with expenses exceeding revenue by $87,168.
Strengths
The following positive indicators were identified for New Concept Schools Inc:
- Consistent financial filings (13 filings available) demonstrating transparency.
- 0% reported officer compensation across all available periods, indicating high efficiency in leadership costs.
- Consistent asset growth over the past decade, from $260,929 in 201408 to $576,299 in 202308.
- Generally operates with a surplus, indicating sound financial management.
- Low liabilities relative to assets in most periods (e.g., $59,843 liabilities vs. $576,299 assets in 202308).
Frequently Asked Questions about New Concept Schools Inc
Is New Concept Schools Inc a legitimate charity?
New Concept Schools Inc (EIN: 20315820) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does New Concept Schools Inc spend its money?
New Concept Schools Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Concept Schools Inc tax-deductible?
New Concept Schools Inc is registered as a tax-exempt nonprofit (EIN: 20315820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Concept Schools Inc CEO make?
New Concept Schools Inc's highest-compensated officer earns $1,622,678 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Concept Schools Inc's spending goes to programs?
New Concept Schools Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Concept Schools Inc located?
New Concept Schools Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20315820.
How many years of IRS 990 filings does New Concept Schools Inc have?
New Concept Schools Inc 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 $1.6M in total revenue.
Is New Concept Schools Inc. financially stable?
Yes, the organization appears financially stable, consistently maintaining positive assets (e.g., $576,299 in 202308) and generally operating with a surplus over the past decade, despite a minor deficit in the most recent fiscal period (202308).
How does New Concept Schools Inc. manage its leadership compensation?
New Concept Schools Inc. reports 0% officer compensation across all available filings, indicating that its leadership does not receive salaries, which is a strong positive for donor trust and resource allocation.
What is the trend in the organization's revenue and expenses?
Revenue has generally increased over the past decade, from $861,190 in 201408 to $1,154,053 in 202308, with expenses largely tracking revenue. While there was a slight deficit in 202308, the overall trend shows growth and responsible spending.
Filing History
IRS 990 filing history for New Concept Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Concept Schools Inc's revenue has grown by 35.2%, moving from $854K to $1.2M. Total assets increased by 89.7% over the same period, from $304K to $576K. Total functional expenses rose by 42.4%, from $871K to $1.2M. In its most recent filing year (2023), New Concept Schools Inc reported a deficit of $87K, with expenses exceeding revenue. The organization holds $60K in liabilities against $576K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $516K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $576K | $60K | — | View 990 |
| 2022 | $1.3M | $1.1M | $658K | $54K | — | View 990 |
| 2021 | $1.2M | $1.0M | $610K | $177K | — | View 990 |
| 2020 | $826K | $1.0M | $454K | $194K | — | View 990 |
| 2019 | $1.0M | $984K | $494K | $23K | — | View 990 |
| 2018 | $1.0M | $950K | $430K | $17K | — | View 990 |
| 2017 | $963K | $891K | $373K | $25K | — | View 990 |
| 2016 | $811K | $804K | $284K | $7K | — | View 990 |
| 2015 | $844K | $815K | $285K | $15K | — | View 990 |
| 2014 | $861K | $823K | $261K | $20K | — | View 990 |
| 2013 | $844K | $885K | $226K | $24K | — | View 990 |
| 2012 | $842K | $872K | $273K | $29K | — | View 990 |
| 2011 | $854K | $871K | $304K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $576K (revenue -12.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $658K (revenue +10.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $610K (revenue +44.1% year-over-year).
- 2020: Revenue of $826K, expenses of $1.0M, and assets of $454K (revenue -20.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $984K, and assets of $494K (revenue +2.8% year-over-year).
- 2018: Revenue of $1.0M, expenses of $950K, and assets of $430K (revenue +5.3% year-over-year).
- 2017: Revenue of $963K, expenses of $891K, and assets of $373K (revenue +18.8% year-over-year).
- 2016: Revenue of $811K, expenses of $804K, and assets of $284K (revenue -4.0% year-over-year).
- 2015: Revenue of $844K, expenses of $815K, and assets of $285K (revenue -1.9% year-over-year).
- 2014: Revenue of $861K, expenses of $823K, and assets of $261K (revenue +2.0% year-over-year).
- 2013: Revenue of $844K, expenses of $885K, and assets of $226K (revenue +0.3% year-over-year).
- 2012: Revenue of $842K, expenses of $872K, and assets of $273K (revenue -1.4% year-over-year).
- 2011: Revenue of $854K, expenses of $871K, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Concept Schools Inc:
Data Sources and Methodology
This transparency report for New Concept Schools 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.