North Hudson Academy Inc
North Hudson Academy: Consistent Revenue, High Program Spending
EIN: 222938377 · Leonia, NJ · NTEE: B280 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.4M |
| Program Spending | 88% |
| Net Assets | $495K |
| Transparency Score | 85/100 |
Is North Hudson Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Hudson Academy Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Hudson Academy Inc
North Hudson Academy Inc (EIN: 222938377) is a nonprofit organization based in Leonia, NJ, classified under NTEE code B280. The organization reported total revenue of $3.7M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Hudson Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Hudson Academy Inc is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$34K |
| Total Assets | $1.8M |
| Total Liabilities | $1.3M |
| Net Assets | $495K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 73.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, North Hudson Academy Inc reported a surplus of $34K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 73.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Hudson Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +6.4% | +26.3% |
| 2022 | -7.0% | -7.3% | -0.7% |
| 2021 | -7.4% | -6.2% | -0.5% |
| 2020 | +4.2% | +3.7% | +12.1% |
| 2019 | -0.3% | -0.3% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
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 North Hudson Academy Inc with a Mission Score of 85 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: 88%
- fundraising: 5%
According to IRS 990 filings, North Hudson Academy Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 73.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures for individual executives are not provided in the available data.
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 North Hudson Academy Inc:
- Consistent revenue generation over several years, with 2023 revenue at $3,446,339.
- Strong program spending, with 88% of expenses dedicated to programs.
- Healthy asset base, with $1,832,497 in assets as of 2023.
- Low administrative and fundraising overhead.
Frequently Asked Questions about North Hudson Academy Inc
Is North Hudson Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Hudson Academy Inc (EIN: 222938377) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does North Hudson Academy Inc spend its money?
North Hudson Academy Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Hudson Academy Inc tax-deductible?
North Hudson Academy Inc is registered as a tax-exempt nonprofit (EIN: 222938377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North Hudson Academy Inc's spending goes to programs?
North Hudson Academy Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Hudson Academy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North Hudson Academy Inc is above average for NTEE category B280 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Hudson Academy Inc located?
North Hudson Academy Inc is headquartered in Leonia, New Jersey and files with the IRS under EIN 222938377. It is classified under NTEE code B280.
How many years of IRS 990 filings does North Hudson Academy Inc have?
North Hudson Academy Inc 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 $3.7M in total revenue.
What does North Hudson Academy Inc do?
North Hudson Academy Inc is a nonprofit organization in the Education sector, located in Leonia, New Jersey. It is classified under NTEE code B280.
How much revenue does North Hudson Academy Inc have?
North Hudson Academy Inc reported total revenue of $3,730,161. Based on 13 IRS 990 filings on record.
What are North Hudson Academy Inc's total assets?
North Hudson Academy Inc holds total assets of $1,527,117 as reported in IRS 990 filings.
Where is North Hudson Academy Inc located?
North Hudson Academy Inc is based in Leonia, New Jersey.
What is North Hudson Academy Inc's EIN?
North Hudson Academy Inc's Employer Identification Number (EIN) is 222938377. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is North Hudson Academy Inc?
North Hudson Academy Inc is classified under NTEE code B280 (Education).
Is North Hudson Academy Inc a registered 501(c)(3)?
Yes, North Hudson Academy Inc is recognized as a tax-exempt organization by the IRS. EIN: 222938377.
Does North Hudson Academy Inc file IRS Form 990?
Yes, North Hudson Academy Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was North Hudson Academy Inc's revenue in 2023?
In the 202306 filing period, North Hudson Academy Inc reported total revenue of $3,446,339, total expenses of $3,412,648, and net assets of $1,832,497.
Is North Hudson Academy Inc's revenue growing or declining?
North Hudson Academy Inc's revenue is growing. Revenue went from $3,197,919 (202206) to $3,446,339 (202306), a +7.8% change. Based on 13 filings on record.
What is North Hudson Academy Inc's most recent 990 filing?
The most recent IRS Form 990 filing for North Hudson Academy Inc covers tax period 202306. It shows revenue of $3,446,339, expenses of $3,412,648, total assets of $1,832,497, and liabilities of $1,337,577.
How much does North Hudson Academy Inc spend on programs vs administration?
Based on IRS 990 analysis, North Hudson Academy Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is North Hudson Academy Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, North Hudson Academy Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are North Hudson Academy Inc's strengths?
Positive indicators for North Hudson Academy Inc include: Consistent revenue generation over several years, with 2023 revenue at $3,446,339.. Strong program spending, with 88% of expenses dedicated to programs.. Healthy asset base, with $1,832,497 in assets as of 2023.. Low administrative and fundraising overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does North Hudson Academy Inc compensate executives?
Executive compensation cannot be assessed as specific figures for individual executives are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does North Hudson Academy maintain consistent revenue despite fluctuating economic conditions?
The provided data shows remarkably stable revenue figures, hovering around $3.5 million annually, suggesting a robust funding model potentially reliant on stable grants, endowments, or a consistent student base rather than highly variable donations.
What specific programs are supported by the high program spending percentage?
While the data indicates 88% of spending goes to programs, the specific nature of these programs (e.g., educational curricula, student support services, facility maintenance directly tied to education) is not detailed in the provided financial summary.
Filing History
IRS 990 filing history for North Hudson Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Hudson Academy Inc's revenue has declined by 8.9%, moving from $3.8M to $3.4M. Total assets increased by 13.8% over the same period, from $1.6M to $1.8M. Total functional expenses fell by 10.2%, from $3.8M to $3.4M. In its most recent filing year (2023), North Hudson Academy Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $1.8M in assets (debt-to-asset ratio: 73.0%), resulting in net assets of $495K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.4M | $1.8M | $1.3M | — | View 990 |
| 2022 | $3.2M | $3.2M | $1.5M | $952K | — | View 990 |
| 2021 | $3.4M | $3.5M | $1.5M | $968K | — | View 990 |
| 2020 | $3.7M | $3.7M | $1.5M | $953K | — | View 990 |
| 2019 | $3.6M | $3.6M | $1.3M | $819K | — | View 990 |
| 2018 | $3.6M | $3.6M | $1.3M | $804K | — | View 990 |
| 2017 | $4.0M | $4.0M | $1.4M | $911K | — | View 990 |
| 2016 | $3.7M | $3.7M | $1.3M | $864K | — | View 990 |
| 2015 | $3.5M | $3.5M | $1.4M | $1.0M | — | View 990 |
| 2014 | $3.7M | $3.7M | $1.6M | $1.1M | — | View 990 |
| 2013 | $3.5M | $3.5M | $1.5M | $1.0M | — | View 990 |
| 2012 | $3.8M | $3.9M | $1.6M | $1.2M | — | View 990 |
| 2011 | $3.8M | $3.8M | $1.6M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.4M, and assets of $1.8M (revenue +7.8% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.2M, and assets of $1.5M (revenue -7.0% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.5M, and assets of $1.5M (revenue -7.4% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.7M, and assets of $1.5M (revenue +4.2% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $1.3M (revenue -0.3% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.6M, and assets of $1.3M (revenue -10.7% year-over-year).
- 2017: Revenue of $4.0M, expenses of $4.0M, and assets of $1.4M (revenue +7.0% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.7M, and assets of $1.3M (revenue +7.9% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.5M, and assets of $1.4M (revenue -6.0% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.7M, and assets of $1.6M (revenue +5.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.5M, and assets of $1.5M (revenue -9.3% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.9M, and assets of $1.6M (revenue +1.6% year-over-year).
- 2011: Revenue of $3.8M, expenses of $3.8M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Hudson Academy Inc:
Data Sources and Methodology
This transparency report for North Hudson Academy 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.