Newton Chinese Language School
EIN: 43559937 · Malden, MA · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $839K |
| Total Expenses | $601K |
| Net Assets | $773K |
Is Newton Chinese Language School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newton Chinese Language School
Newton Chinese Language School (EIN: 43559937) is a nonprofit organization based in Malden, MA, classified under NTEE code A70. The organization reported total revenue of $839K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newton Chinese Language School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newton Chinese Language School is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $601K |
| Surplus / Deficit | +$119K |
| Total Assets | $1.0M |
| Total Liabilities | $258K |
| Net Assets | $773K |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 20.6 months |
Financial Health Grade: A
In 2023, Newton Chinese Language School reported a surplus of $119K with revenue exceeding expenses, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Newton Chinese Language School's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.9% | +22.6% | +11.4% |
| 2022 | -9.0% | -7.3% | -0.4% |
| 2021 | -24.0% | -24.0% | -2.6% |
| 2020 | -3.8% | -4.3% | -1.5% |
| 2019 | +0.5% | -1.6% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newton Chinese Language School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Newton Chinese Language School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $119K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.0%.
Frequently Asked Questions about Newton Chinese Language School
Is Newton Chinese Language School a legitimate charity?
Based on AI analysis of IRS 990 filings, Newton Chinese Language School (EIN: 43559937) insufficient data. 0 red flags identified, 0 strengths noted.
How does Newton Chinese Language School spend its money?
Detailed spending breakdown data is not yet available for Newton Chinese Language School. Check back for updated IRS 990 analysis.
Are donations to Newton Chinese Language School tax-deductible?
Newton Chinese Language School is registered as a tax-exempt nonprofit (EIN: 43559937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newton Chinese Language School located?
Newton Chinese Language School is headquartered in Malden, Massachusetts and files with the IRS under EIN 43559937. It is classified under NTEE code A70.
How many years of IRS 990 filings does Newton Chinese Language School have?
Newton Chinese Language School 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 $839K in total revenue.
Filing History
IRS 990 filing history for Newton Chinese Language School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Newton Chinese Language School's revenue has grown by 45.4%, moving from $495K to $720K. Total assets increased by 70.5% over the same period, from $604K to $1.0M. Total functional expenses rose by 29.2%, from $465K to $601K. In its most recent filing year (2023), Newton Chinese Language School reported a surplus of $119K, with revenue exceeding expenses. The organization holds $258K in liabilities against $1.0M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $773K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $601K | $1.0M | $258K | — | View 990 |
| 2022 | $507K | $490K | $925K | $272K | — | View 990 |
| 2021 | $557K | $529K | $929K | $292K | — | View 990 |
| 2020 | $734K | $696K | $954K | $345K | — | View 990 |
| 2019 | $762K | $728K | $968K | $396K | — | View 990 |
| 2018 | $759K | $740K | $956K | $418K | — | View 990 |
| 2017 | $665K | $667K | $820K | $302K | — | View 990 |
| 2016 | $610K | $604K | $869K | $350K | — | View 990 |
| 2015 | $611K | $587K | $788K | $275K | — | View 990 |
| 2014 | $581K | $554K | $858K | $369K | — | View 990 |
| 2013 | $507K | $504K | $784K | $323K | — | View 990 |
| 2012 | $495K | $465K | $604K | $147K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $601K, and assets of $1.0M (revenue +41.9% year-over-year).
- 2022: Revenue of $507K, expenses of $490K, and assets of $925K (revenue -9.0% year-over-year).
- 2021: Revenue of $557K, expenses of $529K, and assets of $929K (revenue -24.0% year-over-year).
- 2020: Revenue of $734K, expenses of $696K, and assets of $954K (revenue -3.8% year-over-year).
- 2019: Revenue of $762K, expenses of $728K, and assets of $968K (revenue +0.5% year-over-year).
- 2018: Revenue of $759K, expenses of $740K, and assets of $956K (revenue +14.1% year-over-year).
- 2017: Revenue of $665K, expenses of $667K, and assets of $820K (revenue +9.0% year-over-year).
- 2016: Revenue of $610K, expenses of $604K, and assets of $869K (revenue -0.1% year-over-year).
- 2015: Revenue of $611K, expenses of $587K, and assets of $788K (revenue +5.0% year-over-year).
- 2014: Revenue of $581K, expenses of $554K, and assets of $858K (revenue +14.6% year-over-year).
- 2013: Revenue of $507K, expenses of $504K, and assets of $784K (revenue +2.5% year-over-year).
- 2012: Revenue of $495K, expenses of $465K, and assets of $604K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newton Chinese Language School:
Data Sources and Methodology
This transparency report for Newton Chinese Language 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.