Newberry Investing In Childrens Education

Newberry Investing In Childrens Education consistently reports assets equal to liabilities, with no officer compensation.

EIN: 203005073 · Newberry, SC · NTEE: B11 · Updated: 2026-03-28

$5.5MRevenue

$36.4MAssets

75/100Mission Score (Good)

B11

About Newberry Investing In Childrens Education

Newberry Investing In Childrens Education (EIN: 203005073) is a nonprofit organization based in Newberry, SC, classified under NTEE code B11. The organization reported total revenue of $5.5M and total assets of $36.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newberry Investing In Childrens Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Newberry Investing In Childrens Education demonstrates a unique financial structure, with its assets consistently matching its liabilities across all reported periods. This suggests the organization may operate as a pass-through entity or have a specific financial arrangement where its assets are fully offset by obligations, rather than holding significant net assets. The organization's revenue has been relatively stable in recent years, hovering around $5.4 million in 2022 and 2023, a significant increase from the $2.1-$2.4 million range seen from 2019-2021. Expenses have also been consistently lower than revenue in the most recent two periods ($1.8M in 2023, $1.9M in 2022), indicating a surplus, which contrasts with earlier periods where expenses equaled revenue. The absence of reported officer compensation across all filings suggests strong financial stewardship regarding executive pay, or that executive services are provided pro bono or through another entity.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent matching of assets and liabilities, coupled with zero officer compensation, points to a lean operational model or a specific funding mechanism. The significant decline in total assets from $78 million in 2015 to $40 million in 2023, while liabilities also decreased by the same amount, warrants further investigation to understand the nature of these financial movements and their impact on the organization's long-term capacity. The lack of detailed expense categories in the provided data limits a comprehensive evaluation of spending efficiency and program focus.

Transparency is generally good given the consistent filing history, but the unique asset/liability structure and the absence of detailed expense breakdowns in the provided summary make it challenging to fully understand the organization's financial operations. Further scrutiny of the full 990 forms would be necessary to ascertain the exact nature of its financial model and how its revenue is ultimately deployed towards its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Newberry Investing In Childrens Education with a Mission Score of 75 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: 80%
fundraising: 10%

According to IRS 990 filings, Newberry Investing In Childrens Education allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating either a volunteer-led executive team or that executive services are compensated through an external arrangement not reflected in these specific line items, which is a positive sign for minimizing overhead.

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 Newberry Investing In Childrens Education's IRS 990 filings:

Consistent matching of assets and liabilities, which is an unusual financial structure for a typical nonprofit and warrants further investigation.
Significant decline in total assets (and liabilities) from $78M in 2015 to $40M in 2023 without clear explanation in summary data.

Strengths

The following positive indicators were identified for Newberry Investing In Childrens Education:

Zero reported officer compensation across all filings, indicating efficient use of funds regarding executive pay.
Consistent filing history (12 filings) demonstrates transparency and compliance.
Revenue has been stable and significantly higher than expenses in the most recent two periods ($5.4M revenue vs. ~$1.8M expenses), indicating financial stability and surplus generation.

Frequently Asked Questions about Newberry Investing In Childrens Education

Why do assets consistently equal liabilities for Newberry Investing In Childrens Education?

This unique financial structure suggests the organization may operate as a fiscal sponsor, a pass-through entity, or has specific debt obligations that perfectly offset its assets, rather than accumulating net assets. Further review of the full 990 forms would clarify this.

What is the nature of the significant decrease in total assets from $78 million in 2015 to $40 million in 2023?

The decline in assets, mirrored by an equal decline in liabilities, indicates a reduction in the scale of the financial instruments or obligations the organization manages. This could be due to the maturity of certain investments, repayment of large debts, or a change in the organization's operational model.

How does Newberry Investing In Childrens Education allocate its expenses between programs, administration, and fundraising?

The provided data does not offer a detailed breakdown of expenses. While total expenses are reported, the specific allocation to program services versus administrative and fundraising costs is not available, making it difficult to assess spending efficiency accurately.

Filing History

IRS 990 filing history for Newberry Investing In Childrens Education showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Newberry Investing In Childrens Education's revenue has grown by 48.6%, moving from $3.7M to $5.5M. Total assets decreased by 51% over the same period, from $83.3M to $40.8M. Total functional expenses fell by 70.2%, from $6.1M to $1.8M. In its most recent filing year (2023), Newberry Investing In Childrens Education reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $40.8M in liabilities against $40.8M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.5M	$1.8M	$40.8M	$40.8M	—	View 990
2022	$5.5M	$2.0M	$45.0M	$45.0M	—	View 990
2021	$2.2M	$2.2M	$49.1M	$49.1M	—	View 990
2020	$2.3M	$2.3M	$53.0M	$53.0M	—	View 990
2019	$2.5M	$2.5M	$56.7M	$56.7M	—	View 990
2018	$2.6M	$2.6M	$60.3M	$60.3M	—	View 990
2017	$2.8M	$2.8M	$63.8M	$63.8M	—	View 990
2016	$3.0M	$3.0M	$67.7M	$67.7M	—	View 990
2015	$2.9M	$2.9M	$78.1M	$78.1M	—	View 990
2014	$3.8M	$3.8M	$76.6M	$76.6M	—	View 990
2013	$866K	$3.9M	$78.6M	$78.6M	—	View 990
2012	$3.7M	$6.1M	$83.3M	$80.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.5M, expenses of $1.8M, and assets of $40.8M (revenue -0.1% year-over-year).
2022: Revenue of $5.5M, expenses of $2.0M, and assets of $45.0M (revenue +153.1% year-over-year).
2021: Revenue of $2.2M, expenses of $2.2M, and assets of $49.1M (revenue -7.0% year-over-year).
2020: Revenue of $2.3M, expenses of $2.3M, and assets of $53.0M (revenue -6.2% year-over-year).
2019: Revenue of $2.5M, expenses of $2.5M, and assets of $56.7M (revenue -5.6% year-over-year).
2018: Revenue of $2.6M, expenses of $2.6M, and assets of $60.3M (revenue -4.6% year-over-year).
2017: Revenue of $2.8M, expenses of $2.8M, and assets of $63.8M (revenue -9.5% year-over-year).
2016: Revenue of $3.0M, expenses of $3.0M, and assets of $67.7M (revenue +5.4% year-over-year).
2015: Revenue of $2.9M, expenses of $2.9M, and assets of $78.1M (revenue -23.6% year-over-year).
2014: Revenue of $3.8M, expenses of $3.8M, and assets of $76.6M (revenue +336.8% year-over-year).
2013: Revenue of $866K, expenses of $3.9M, and assets of $78.6M (revenue -76.5% year-over-year).
2012: Revenue of $3.7M, expenses of $6.1M, and assets of $83.3M.

Data Sources and Methodology

This transparency report for Newberry Investing In Childrens Education 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.