Newport Community School
Newport Community School consistently operates with no reported officer compensation and growing assets.
EIN: 202302875 · Newport, RI · NTEE: B80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $325K |
| Transparency Score | 92/100 |
Is Newport Community School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newport Community School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newport Community School
Newport Community School (EIN: 202302875) is a nonprofit organization based in Newport, RI, classified under NTEE code B80. The organization reported total revenue of $2.2M and total assets of $562K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport Community School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newport Community School is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-100,650 |
| Total Assets | $385K |
| Total Liabilities | $59K |
| Net Assets | $325K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 15.5% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Newport Community School reported a deficit of $101K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 15.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Newport Community School's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | +2.0% | -16.7% |
| 2022 | +21.1% | +19.3% | +64.1% |
| 2021 | +8.9% | +2.9% | +73.6% |
| 2020 | +2.4% | +4.8% | +22.8% |
| 2019 | +19.3% | +4.9% | +111.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Newport Community School with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Newport Community School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.5%.
Executive Compensation Analysis
Newport Community School consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that executive functions are absorbed within other operational costs, which is highly favorable for directing funds to programs.
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 Newport Community School:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Steady growth in assets, from $65,355 in 2014 to $384,647 in 2023, demonstrating increasing financial capacity.
- Positive net asset position with manageable liabilities, indicating strong financial health (e.g., 2023 assets $384,647 vs. liabilities $59,442).
- Consistent revenue growth over the past decade, showing increasing support and operational scale.
- Long history of IRS 990 filings (13 filings), demonstrating a commitment to transparency and regulatory compliance.
Frequently Asked Questions about Newport Community School
Is Newport Community School a legitimate charity?
Based on AI analysis of IRS 990 filings, Newport Community School (EIN: 202302875) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Newport Community School spend its money?
Newport Community School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newport Community School tax-deductible?
Newport Community School is registered as a tax-exempt nonprofit (EIN: 202302875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newport Community School's spending goes to programs?
Newport Community School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newport Community School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Newport Community School is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newport Community School located?
Newport Community School is headquartered in Newport, Rhode Island and files with the IRS under EIN 202302875. It is classified under NTEE code B80.
How many years of IRS 990 filings does Newport Community School have?
Newport Community School 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 $2.2M in total revenue.
Is Newport Community School a good charity?
Based on the provided financial data, Newport Community School appears to be a good charity. It demonstrates strong financial health with growing assets and revenues, consistently low liabilities, and a remarkable commitment to transparency by reporting 0% officer compensation across all filings. This suggests a high proportion of funds are likely directed towards its mission.
How has Newport Community School's financial health changed over time?
Newport Community School has shown consistent financial growth and stability. Revenue has increased from $984,281 in 2014 to $1,537,695 in 2023, and assets have grown significantly from $65,355 to $384,647 in the same period, indicating a strengthening financial position and expanding capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers. This is a strong positive indicator of financial efficiency and a commitment to directing resources to its programs.
Filing History
IRS 990 filing history for Newport Community School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newport Community School's revenue has grown by 45.6%, moving from $1.1M to $1.5M. Total assets increased by 85.8% over the same period, from $207K to $385K. Total functional expenses rose by 33.7%, from $1.2M to $1.6M. In its most recent filing year (2023), Newport Community School reported a deficit of $101K, with expenses exceeding revenue. The organization holds $59K in liabilities against $385K in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $325K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $385K | $59K | — | — |
| 2022 | $1.8M | $1.6M | $462K | $27K | — | View 990 |
| 2021 | $1.5M | $1.3M | $281K | $17K | — | View 990 |
| 2020 | $1.3M | $1.3M | $162K | $19K | — | View 990 |
| 2019 | $1.3M | $1.2M | $132K | $16K | — | View 990 |
| 2018 | $1.1M | $1.2M | $62K | $14K | — | View 990 |
| 2017 | $1.2M | $1.1M | $152K | $16K | — | View 990 |
| 2016 | $1.0M | $1.0M | $52K | $10K | — | View 990 |
| 2015 | $1.0M | $1.0M | $39K | $12K | — | View 990 |
| 2014 | $984K | $1.0M | $65K | $43K | — | View 990 |
| 2013 | $1.0M | $1.1M | $90K | $24K | — | View 990 |
| 2012 | $1.0M | $1.2M | $87K | $11K | — | View 990 |
| 2011 | $1.1M | $1.2M | $207K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $385K (revenue -13.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.6M, and assets of $462K (revenue +21.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $281K (revenue +8.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $162K (revenue +2.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $132K (revenue +19.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $62K (revenue -4.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $152K (revenue +12.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $52K (revenue -0.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $39K (revenue +5.4% year-over-year).
- 2014: Revenue of $984K, expenses of $1.0M, and assets of $65K (revenue -5.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $90K (revenue +0.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.2M, and assets of $87K (revenue -1.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newport Community School:
Data Sources and Methodology
This transparency report for Newport Community School 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.