Northfield School Of The Liberal Arts Inc
Northfield School Of The Liberal Arts Inc shows fluctuating revenues and expenses, with recent surpluses but a long-term trend of asset decline.
EIN: 113696381 · Wichita, KS · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $108K |
| Program Spending | 80% |
| Net Assets | $128K |
| Transparency Score | 70/100 |
Is Northfield School Of The Liberal Arts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northfield School Of The Liberal Arts Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northfield School Of The Liberal Arts Inc
Northfield School Of The Liberal Arts Inc (EIN: 113696381) is a nonprofit organization based in Wichita, KS, classified under NTEE code B20. The organization reported total revenue of $125K and total assets of $683K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northfield School Of The Liberal Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northfield School Of The Liberal Arts Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $108K |
| Surplus / Deficit | +$2K |
| Total Assets | $129K |
| Total Liabilities | $1K |
| Net Assets | $128K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Northfield School Of The Liberal Arts Inc reported a surplus of $2K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northfield School Of The Liberal Arts Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +122.3% | +195.5% | -21.6% |
| 2022 | -79.9% | -81.7% | +3.6% |
| 2021 | +66.1% | +30.9% | +46.7% |
| 2020 | -28.2% | -34.3% | -3.7% |
| 2019 | +1.8% | -15.7% | -23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Northfield School Of The Liberal Arts Inc with a Mission Score of 70 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, Northfield School Of The Liberal Arts 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not drawing salaries, which is highly favorable for donor perception and resource allocation.
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 Northfield School Of The Liberal Arts Inc's IRS 990 filings:
- Significant long-term decline in assets from $769,594 in 201408 to $129,459 in 202308.
- History of substantial operating deficits, particularly between 2014 and 2019, where expenses consistently exceeded revenue.
Strengths
The following positive indicators were identified for Northfield School Of The Liberal Arts Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Recent financial periods (202208, 202308) show a positive operating margin, with revenues exceeding expenses.
- Low and stable liabilities, indicating responsible debt management.
Frequently Asked Questions about Northfield School Of The Liberal Arts Inc
Is Northfield School Of The Liberal Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northfield School Of The Liberal Arts Inc (EIN: 113696381) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Northfield School Of The Liberal Arts Inc spend its money?
Northfield School Of The Liberal Arts Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northfield School Of The Liberal Arts Inc tax-deductible?
Northfield School Of The Liberal Arts Inc is registered as a tax-exempt nonprofit (EIN: 113696381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northfield School Of The Liberal Arts Inc's spending goes to programs?
Northfield School Of The Liberal Arts Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northfield School Of The Liberal Arts Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Northfield School Of The Liberal Arts Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northfield School Of The Liberal Arts Inc located?
Northfield School Of The Liberal Arts Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 113696381. It is classified under NTEE code B20.
How many years of IRS 990 filings does Northfield School Of The Liberal Arts Inc have?
Northfield School Of The Liberal Arts 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 $125K in total revenue.
Is Northfield School Of The Liberal Arts Inc financially stable?
While the organization reported a surplus in its latest two filings (202308 and 202208), its assets have significantly decreased from a peak of $769,594 in 201408 to $129,459 in 202308, suggesting a long-term trend of drawing down reserves. Its financial stability is improving in the short term but has faced challenges historically.
How does Northfield School Of The Liberal Arts Inc manage its expenses?
The organization has shown periods where expenses significantly exceeded revenue, such as in 201708 where expenses were $357,943 against $203,557 in revenue. However, in recent years (202208 and 202308), it has managed to keep expenses below revenue, indicating improved cost control. The consistent 0% officer compensation is a strong positive for expense management.
What is the trend in Northfield School Of The Liberal Arts Inc's assets?
The organization's assets have shown a significant downward trend over the past decade, decreasing from $769,594 in 201408 to $129,459 in 202308. This indicates a substantial reduction in its financial reserves.
Filing History
IRS 990 filing history for Northfield School Of The Liberal Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northfield School Of The Liberal Arts Inc's revenue has declined by 82.8%, moving from $640K to $110K. Total assets decreased by 88.1% over the same period, from $1.1M to $129K. Total functional expenses fell by 82.8%, from $628K to $108K. In its most recent filing year (2023), Northfield School Of The Liberal Arts Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1K in liabilities against $129K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $108K | $129K | $1K | — | View 990 |
| 2022 | $50K | $37K | $165K | $6K | — | View 990 |
| 2021 | $246K | $199K | $159K | $14K | — | View 990 |
| 2020 | $148K | $152K | $109K | $10K | — | View 990 |
| 2019 | $206K | $232K | $113K | $10K | — | View 990 |
| 2018 | $203K | $275K | $147K | $19K | — | View 990 |
| 2017 | $204K | $358K | $210K | $10K | — | View 990 |
| 2016 | $231K | $360K | $371K | $16K | — | View 990 |
| 2015 | $226K | $361K | $602K | $11K | — | View 990 |
| 2014 | $311K | $376K | $770K | $12K | — | View 990 |
| 2013 | $426K | $531K | $832K | $9K | — | View 990 |
| 2012 | $548K | $579K | $1.1M | $14K | — | View 990 |
| 2011 | $640K | $628K | $1.1M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $108K, and assets of $129K (revenue +122.3% year-over-year).
- 2022: Revenue of $50K, expenses of $37K, and assets of $165K (revenue -79.9% year-over-year).
- 2021: Revenue of $246K, expenses of $199K, and assets of $159K (revenue +66.1% year-over-year).
- 2020: Revenue of $148K, expenses of $152K, and assets of $109K (revenue -28.2% year-over-year).
- 2019: Revenue of $206K, expenses of $232K, and assets of $113K (revenue +1.8% year-over-year).
- 2018: Revenue of $203K, expenses of $275K, and assets of $147K (revenue -0.3% year-over-year).
- 2017: Revenue of $204K, expenses of $358K, and assets of $210K (revenue -11.8% year-over-year).
- 2016: Revenue of $231K, expenses of $360K, and assets of $371K (revenue +2.3% year-over-year).
- 2015: Revenue of $226K, expenses of $361K, and assets of $602K (revenue -27.3% year-over-year).
- 2014: Revenue of $311K, expenses of $376K, and assets of $770K (revenue -27.0% year-over-year).
- 2013: Revenue of $426K, expenses of $531K, and assets of $832K (revenue -22.3% year-over-year).
- 2012: Revenue of $548K, expenses of $579K, and assets of $1.1M (revenue -14.4% year-over-year).
- 2011: Revenue of $640K, expenses of $628K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northfield School Of The Liberal Arts Inc:
Data Sources and Methodology
This transparency report for Northfield School Of The Liberal Arts 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.