Northwood School

Northwood School shows consistent revenue, growing assets, and no reported officer compensation in recent filings.

EIN: 141401103 · Lake Placid, NY · Updated: 2026-03-28

$10.8MRevenue
$10.0MGross Revenue
$30.3MAssets
75/100Mission Score (Good)

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Northwood School Financial Summary
MetricValue
Total Revenue$10.8M
Total Expenses$10.7M
Program Spending80%
Net Assets$20.0M
Transparency Score75/100

Search Intent Cockpit

Northwood School Form 990, Revenue, CEO Pay, and IRS Filing Signals

Northwood School is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Northwood School in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $10.6M and expenses of $10.7M.

Revenue and Expenses

Northwood School reported $10.6M in revenue and $10.7M in expenses, a deficit of $64K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Northwood School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Northwood School Expense Deployment
Program services$8.6M (80%)

Across stored filings, Northwood School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Northwood School Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B11 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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Northwood School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northwood School

Northwood School (EIN: 141401103) is a nonprofit organization based in Lake Placid, NY. The organization reported total revenue of $10.8M and total assets of $30.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwood School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

88Years Operating
LargeSize Classification
11Years of Filings
MixedRevenue Trajectory

Northwood School is a large nonprofit that has been operating for 88 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$10.6M
Total Expenses$10.7M
Surplus / Deficit$-63,588
Total Assets$29.2M
Total Liabilities$9.2M
Net Assets$20.0M
Operating Margin-0.6%
Debt-to-Asset Ratio31.6%
Months of Reserves32.7 months

Financial Health Grade: B

In 2023, Northwood School reported a deficit of $64K with expenses exceeding revenue, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 31.6% (moderate leverage).

Financial Trends

Over 11 years of filings (2012–2023), Northwood School's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-15.2%-0.4%+3.6%
2022+58.9%+25.5%-1.8%
2021-15.4%-6.6%+24.9%
2019+7.9%+3.8%-0.4%
2018-6.1%+1.0%-1.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1938

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Northwood School demonstrates consistent financial activity, with revenues and expenses generally in the range of $7.5 million to $12.5 million over the past decade. The organization's assets have steadily grown from $17.5 million in 2013 to over $30 million currently, indicating a healthy accumulation of resources. While there have been periods where expenses slightly exceeded revenue, such as in 2023 ($10,706,928 expenses vs. $10,643,340 revenue) and 2021 ($8,565,273 expenses vs. $7,899,486 revenue), these appear to be minor fluctuations within a generally stable financial picture. The consistent growth in assets suggests effective long-term financial management. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the absence of reported officer compensation in the provided data for all periods is a notable point regarding transparency. While this could indicate that compensation is reported differently or that officers are uncompensated, it warrants further investigation to understand the full compensation structure. The consistent filing of IRS 990s over 11 periods demonstrates a commitment to regulatory compliance and basic financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northwood School 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, Northwood School 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:

$10.6MTotal Revenue
$10.7MTotal Expenses
$29.2MTotal Assets
$9.2MTotal Liabilities
$20.0MNet Assets
  • The organization reported a deficit of $64K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 31.6%.

Executive Compensation Analysis

The provided data consistently reports 0% for Officer Compensation across all available filing periods, suggesting that key executives may not be compensated directly as officers or that their compensation is reported under different categories, which would require further scrutiny of the full 990 forms to understand.

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 Northwood School's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in summary data
  • Consistent 0% officer compensation reported, which may obscure actual executive remuneration without further detail

Strengths

The following positive indicators were identified for Northwood School:

  • Consistent growth in assets, from $17.5M in 2013 to $30.2M currently, indicating financial stability and growth.
  • Long history of IRS 990 filings (11 filings), demonstrating regulatory compliance.
  • Generally stable revenue streams over the past decade, averaging around $9 million annually.

Frequently Asked Questions about Northwood School

Is Northwood School a legitimate charity?

Northwood School (EIN: 141401103) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $10.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Northwood School spend its money?

Northwood School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Northwood School tax-deductible?

Northwood School is registered as a tax-exempt nonprofit (EIN: 141401103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Northwood School's spending goes to programs?

Northwood School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Northwood School located?

Northwood School is headquartered in Lake Placid, New York and files with the IRS under EIN 141401103.

How many years of IRS 990 filings does Northwood School have?

Northwood School has 11 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 $10.8M in total revenue.

How does Northwood School manage to report 0% officer compensation across all filings?

The provided summary data consistently shows 0% for Officer Compensation. This could mean that officers are uncompensated, compensated through a related entity, or their compensation is categorized differently within the full IRS 990 form (e.g., as general salaries). A review of the full 990s would be necessary to clarify this.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and would be found in Part IX of the full IRS 990 form.

What is the primary source of Northwood School's revenue?

While the total revenue is provided, the specific sources (e.g., tuition, contributions, investment income) are not detailed in this summary. This information is typically found in Part VIII of the full IRS 990.

Filing History

IRS 990 filing history for Northwood School showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2023), Northwood School's revenue has grown by 58.8%, moving from $6.7M to $10.6M. Total assets increased by 78.9% over the same period, from $16.3M to $29.2M. Total functional expenses rose by 63.7%, from $6.5M to $10.7M. In its most recent filing year (2023), Northwood School reported a deficit of $64K, with expenses exceeding revenue. The organization holds $9.2M in liabilities against $29.2M in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $20.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $10.6M $10.7M $29.2M $9.2M View 990
2022 $12.6M $10.7M $28.2M $8.6M View 990
2021 $7.9M $8.6M $28.7M $9.7M View 990
2019 $9.3M $9.2M $23.0M $4.6M View 990
2018 $8.7M $8.8M $23.1M $5.0M View 990
2017 $9.2M $8.7M $23.3M $5.2M View 990
2016 $8.7M $8.4M $21.8M $4.1M View 990
2015 $7.8M $8.2M $20.4M $3.0M View 990
2014 $8.9M $7.4M $21.4M $3.7M View 990
2013 $7.5M $6.6M $17.6M $1.5M View 990
2012 $6.7M $6.5M $16.3M $1.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $10.6M, expenses of $10.7M, and assets of $29.2M (revenue -15.2% year-over-year).
  • 2022: Revenue of $12.6M, expenses of $10.7M, and assets of $28.2M (revenue +58.9% year-over-year).
  • 2021: Revenue of $7.9M, expenses of $8.6M, and assets of $28.7M (revenue -15.4% year-over-year).
  • 2019: Revenue of $9.3M, expenses of $9.2M, and assets of $23.0M (revenue +7.9% year-over-year).
  • 2018: Revenue of $8.7M, expenses of $8.8M, and assets of $23.1M (revenue -6.1% year-over-year).
  • 2017: Revenue of $9.2M, expenses of $8.7M, and assets of $23.3M (revenue +6.0% year-over-year).
  • 2016: Revenue of $8.7M, expenses of $8.4M, and assets of $21.8M (revenue +10.9% year-over-year).
  • 2015: Revenue of $7.8M, expenses of $8.2M, and assets of $20.4M (revenue -12.1% year-over-year).
  • 2014: Revenue of $8.9M, expenses of $7.4M, and assets of $21.4M (revenue +18.2% year-over-year).
  • 2013: Revenue of $7.5M, expenses of $6.6M, and assets of $17.6M (revenue +12.5% year-over-year).
  • 2012: Revenue of $6.7M, expenses of $6.5M, and assets of $16.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northwood School:

2023 Filing 2022 Filing 2021 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Northwood 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.

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