New London Community And School District Foundation
New London Community And School District Foundation maintains stable assets and no executive compensation, with occasional operating deficits offset by prior surpluses.
EIN: 201969755 · New London, IA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $855K |
| Total Expenses | $976K |
| Program Spending | 90% |
| Net Assets | $455K |
| Transparency Score | 90/100 |
Is New London Community And School District Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New London Community And School District Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New London Community And School District Foundation
New London Community And School District Foundation (EIN: 201969755) is a nonprofit organization based in New London, IA, classified under NTEE code B90. The organization reported total revenue of $855K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New London Community And School District Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New London Community And School District Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $847K |
| Total Expenses | $976K |
| Surplus / Deficit | $-128,867 |
| Total Assets | $1.2M |
| Total Liabilities | $786K |
| Net Assets | $455K |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 63.3% |
| Months of Reserves | 15.3 months |
Financial Health Grade: C
In 2023, New London Community And School District Foundation reported a deficit of $129K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 63.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New London Community And School District Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.6% | +2.5% | -10.7% |
| 2022 | +49.0% | +8.7% | +31.7% |
| 2021 | +11.3% | +19.6% | +0.4% |
| 2020 | +1.0% | -9.0% | +4.6% |
| 2019 | +5.1% | +4.7% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 London Community And School District Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, New London Community And School District Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all 13 available filings, indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for directing funds 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 New London Community And School District Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($975,983 vs. $847,116), indicating an operating deficit for that period.
Strengths
The following positive indicators were identified for New London Community And School District Foundation:
- Consistent asset base over $1 million, providing financial stability.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Decreasing trend in liabilities over the past decade, from $923,268 in 2014 to $785,879 in 2023.
- Strong revenue performance in 2022 ($1,315,335) created a significant surplus, demonstrating capacity for substantial fundraising.
- Long and consistent IRS 990 filing history (13 filings), indicating good transparency.
Frequently Asked Questions about New London Community And School District Foundation
Is New London Community And School District Foundation a legitimate charity?
New London Community And School District Foundation (EIN: 201969755) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $855K. 1 red flag identified. 5 strengths noted. Financial health grade: C.
How does New London Community And School District Foundation spend its money?
New London Community And School District Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New London Community And School District Foundation tax-deductible?
New London Community And School District Foundation is registered as a tax-exempt nonprofit (EIN: 201969755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New London Community And School District Foundation's spending goes to programs?
New London Community And School District Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New London Community And School District Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New London Community And School District Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New London Community And School District Foundation located?
New London Community And School District Foundation is headquartered in New London, Iowa and files with the IRS under EIN 201969755. It is classified under NTEE code B90.
How many years of IRS 990 filings does New London Community And School District Foundation have?
New London Community And School District Foundation 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 $855K in total revenue.
Is the New London Community And School District Foundation financially stable?
Yes, the foundation appears financially stable. While 2023 saw expenses ($975,983) exceed revenue ($847,116), it maintains over $1 million in assets and has a history of managing its finances, including a significant surplus in 2022 ($1,315,335 revenue vs. $951,870 expenses).
How does the foundation manage its leadership compensation?
The foundation reports 0% officer compensation in all available IRS 990 filings, suggesting that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a positive indicator for resource allocation.
Has the foundation's financial health improved over the last decade?
Yes, the foundation's financial health has shown improvement in some areas. Liabilities have decreased from $923,268 in 2014 to $785,879 in 2023, and assets have remained consistently above $1 million, demonstrating responsible financial stewardship.
Filing History
IRS 990 filing history for New London Community And School District Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New London Community And School District Foundation's revenue has grown by 86.3%, moving from $455K to $847K. Total assets decreased by 1.5% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 103.2%, from $480K to $976K. In its most recent filing year (2023), New London Community And School District Foundation reported a deficit of $129K, with expenses exceeding revenue. The organization holds $786K in liabilities against $1.2M in assets (debt-to-asset ratio: 63.3%), resulting in net assets of $455K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $847K | $976K | $1.2M | $786K | — | — |
| 2022 | $1.3M | $952K | $1.4M | $805K | — | — |
| 2021 | $883K | $876K | $1.1M | $834K | — | View 990 |
| 2020 | $794K | $732K | $1.0M | $837K | — | View 990 |
| 2019 | $786K | $805K | $1.0M | $852K | — | View 990 |
| 2018 | $747K | $769K | $1.0M | $868K | — | View 990 |
| 2017 | $747K | $749K | $1.1M | $881K | — | View 990 |
| 2016 | $646K | $641K | $1.1M | $896K | — | View 990 |
| 2015 | $515K | $543K | $1.1M | $907K | — | View 990 |
| 2014 | $482K | $508K | $1.1M | $923K | — | View 990 |
| 2013 | $502K | $538K | $1.2M | $930K | — | View 990 |
| 2012 | $557K | $585K | $1.2M | $943K | — | View 990 |
| 2011 | $455K | $480K | $1.3M | $951K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $847K, expenses of $976K, and assets of $1.2M (revenue -35.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $952K, and assets of $1.4M (revenue +49.0% year-over-year).
- 2021: Revenue of $883K, expenses of $876K, and assets of $1.1M (revenue +11.3% year-over-year).
- 2020: Revenue of $794K, expenses of $732K, and assets of $1.0M (revenue +1.0% year-over-year).
- 2019: Revenue of $786K, expenses of $805K, and assets of $1.0M (revenue +5.1% year-over-year).
- 2018: Revenue of $747K, expenses of $769K, and assets of $1.0M (revenue +0.0% year-over-year).
- 2017: Revenue of $747K, expenses of $749K, and assets of $1.1M (revenue +15.7% year-over-year).
- 2016: Revenue of $646K, expenses of $641K, and assets of $1.1M (revenue +25.5% year-over-year).
- 2015: Revenue of $515K, expenses of $543K, and assets of $1.1M (revenue +6.8% year-over-year).
- 2014: Revenue of $482K, expenses of $508K, and assets of $1.1M (revenue -4.1% year-over-year).
- 2013: Revenue of $502K, expenses of $538K, and assets of $1.2M (revenue -9.9% year-over-year).
- 2012: Revenue of $557K, expenses of $585K, and assets of $1.2M (revenue +22.5% year-over-year).
- 2011: Revenue of $455K, expenses of $480K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New London Community And School District Foundation:
Data Sources and Methodology
This transparency report for New London Community And School District Foundation 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.