Newmeadow Inc
Newmeadow Inc. shows consistent revenue growth and operational stability with no reported officer compensation.
EIN: 141637035 · Halfmoon, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $6.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $2.4M |
| Transparency Score | 75/100 |
Is Newmeadow Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newmeadow Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newmeadow Inc
Newmeadow Inc (EIN: 141637035) is a nonprofit organization based in Halfmoon, NY. The organization reported total revenue of $8.0M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newmeadow Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newmeadow Inc is a mid-size nonprofit that has been operating for 42 years, with 12 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 | $6.5M |
| Total Expenses | $6.1M |
| Surplus / Deficit | +$439K |
| Total Assets | $4.8M |
| Total Liabilities | $2.3M |
| Net Assets | $2.4M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 49.0% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Newmeadow Inc reported a surplus of $439K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 49.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Newmeadow Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.6% | +26.8% | +0.6% |
| 2022 | +0.9% | +3.7% | -2.3% |
| 2021 | -1.4% | -4.1% | -13.3% |
| 2020 | +26.8% | +27.5% | +18.1% |
| 2018 | -2.0% | -2.6% | +29.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Newmeadow Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Newmeadow Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $439K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, which is unusual for an organization with revenues reaching over $6 million, suggesting either a volunteer leadership or compensation is categorized differently.
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 Newmeadow Inc's IRS 990 filings:
- Unknown NTEE code limits sector-specific analysis
- Lack of detailed expense breakdown (program, admin, fundraising)
- No reported officer compensation, which is unusual for an organization of this size and revenue, potentially indicating a lack of transparency in executive pay reporting.
Strengths
The following positive indicators were identified for Newmeadow Inc:
- Consistent revenue growth over the past decade (e.g., from $3,305,791 in 201406 to $6,542,021 in 202306)
- Stable financial operations with expenses generally tracking closely to revenue, indicating efficient use of funds (e.g., 202306 revenue $6,542,021 vs. expenses $6,102,655)
- Healthy asset growth over time, demonstrating financial stability and capacity (e.g., assets grew from $1,831,793 in 201406 to $4,756,922 in 202306)
- Positive net income in most recent periods (e.g., $439,366 in 202306 and $11,654 in 202206)
Frequently Asked Questions about Newmeadow Inc
Is Newmeadow Inc a legitimate charity?
Newmeadow Inc (EIN: 141637035) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $8.0M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Newmeadow Inc spend its money?
Newmeadow Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Newmeadow Inc tax-deductible?
Newmeadow Inc is registered as a tax-exempt nonprofit (EIN: 141637035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Newmeadow Inc CEO make?
Newmeadow Inc's highest-compensated officer earns $6 annually. The organization reported $8.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Newmeadow Inc's spending goes to programs?
Newmeadow Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Newmeadow Inc located?
Newmeadow Inc is headquartered in Halfmoon, New York and files with the IRS under EIN 141637035.
How many years of IRS 990 filings does Newmeadow Inc have?
Newmeadow Inc has 12 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 $8.0M in total revenue.
What is Newmeadow Inc.'s specific NTEE code and primary program area?
The NTEE code for Newmeadow Inc. is currently unknown based on the provided data, making it difficult to precisely identify its primary program area and compare its financial metrics to similar organizations.
Why is no officer compensation reported in any of the filings?
The filings consistently report 0% for Officer Comp. This could indicate a volunteer board and executive leadership, or that executive compensation is reported under other expense categories not explicitly detailed as 'Officer Comp' in the provided summary.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency.
How does Newmeadow Inc. manage its liabilities, which have fluctuated significantly?
Liabilities have varied, from $403,411 in 201506 to $3,748,085 in 202006, and then down to $2,330,987 in 202306. Understanding the nature of these liabilities and the strategy for managing them would provide further insight into financial risk.
What is the organization's strategy for maintaining asset growth while keeping expenses close to revenue?
Newmeadow Inc. has shown consistent asset growth, reaching $4,756,922 in 202306, while generally keeping expenses close to revenue. This suggests careful financial management, possibly through strategic investments or efficient use of operational surpluses.
Filing History
IRS 990 filing history for Newmeadow Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Newmeadow Inc's revenue has grown by 85.8%, moving from $3.5M to $6.5M. Total assets increased by 154.5% over the same period, from $1.9M to $4.8M. Total functional expenses rose by 67.3%, from $3.6M to $6.1M. In its most recent filing year (2023), Newmeadow Inc reported a surplus of $439K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $4.8M in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.1M | $4.8M | $2.3M | — | View 990 |
| 2022 | $4.8M | $4.8M | $4.7M | $2.7M | — | — |
| 2021 | $4.8M | $4.6M | $4.8M | $2.9M | — | View 990 |
| 2020 | $4.8M | $4.8M | $5.6M | $3.7M | — | View 990 |
| 2018 | $3.8M | $3.8M | $4.7M | $2.9M | — | View 990 |
| 2017 | $3.9M | $3.9M | $3.7M | $1.9M | — | View 990 |
| 2016 | $3.6M | $3.5M | $2.4M | $648K | — | View 990 |
| 2015 | $3.7M | $3.3M | $2.1M | $403K | — | View 990 |
| 2014 | $3.3M | $3.4M | $1.8M | $561K | — | View 990 |
| 2013 | $3.5M | $3.3M | $2.0M | $619K | — | View 990 |
| 2012 | $3.5M | $3.5M | $1.8M | $623K | — | View 990 |
| 2011 | $3.5M | $3.6M | $1.9M | $673K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.1M, and assets of $4.8M (revenue +35.6% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.8M, and assets of $4.7M (revenue +0.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.6M, and assets of $4.8M (revenue -1.4% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.8M, and assets of $5.6M (revenue +26.8% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.8M, and assets of $4.7M (revenue -2.0% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.9M, and assets of $3.7M (revenue +9.5% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.5M, and assets of $2.4M (revenue -4.2% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.3M, and assets of $2.1M (revenue +12.5% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.4M, and assets of $1.8M (revenue -4.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.3M, and assets of $2.0M (revenue +0.5% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.5M, and assets of $1.8M (revenue -1.7% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.6M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newmeadow Inc:
Data Sources and Methodology
This transparency report for Newmeadow 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.