Notre Dame Cristo Rey High School Inc

Notre Dame Cristo Rey High School consistently generates surpluses and has tripled its assets over the last decade with no reported officer compensation.

EIN: 20296284 · Methuen, MA · NTEE: B25 · Updated: 2026-03-28

$7.8MRevenue

$16.1MAssets

92/100Mission Score (Excellent)

B25

About Notre Dame Cristo Rey High School Inc

Notre Dame Cristo Rey High School Inc (EIN: 20296284) is a nonprofit organization based in Methuen, MA, classified under NTEE code B25. The organization reported total revenue of $7.8M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Notre Dame Cristo Rey High School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Notre Dame Cristo Rey High School Inc demonstrates consistent financial health with a positive net income in most recent years, indicating effective management of resources. For instance, in fiscal year 2024, the organization reported revenues of $5,928,709 against expenses of $5,250,752, resulting in a surplus. The organization's assets have shown significant growth over the past decade, increasing from $5,043,696 in 2015 to $15,669,360 in 2024, suggesting strong financial stewardship and potentially successful fundraising or investment strategies. Liabilities have fluctuated but remain manageable relative to assets.

Spending efficiency appears strong, with a notable absence of reported officer compensation across all available filings, which is a positive indicator for donor confidence as it suggests resources are directed towards the mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the consistent surpluses and asset growth imply efficient operations. The organization's NTEE code B25 (Secondary & High Schools) aligns with its mission, and the financial data supports its operational capacity.

Transparency is high regarding executive compensation, as zero officer compensation is reported. The consistent filing of IRS Form 990s over 14 periods further demonstrates a commitment to public accountability. The growth in assets and consistent revenue generation suggest a well-managed and financially stable institution dedicated to its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Notre Dame Cristo Rey High School Inc 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, Notre Dame Cristo Rey High School Inc 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.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly favorable for directing funds towards its educational mission.

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 Notre Dame Cristo Rey High School Inc:

Consistent positive net income (surpluses) in recent years, e.g., $677,957 in 2024.
Significant asset growth from $5.04M in 2015 to $15.67M in 2024, indicating strong financial stewardship.
Zero reported officer compensation across all filings, maximizing funds for mission-related activities.
Consistent IRS 990 filing history (14 filings), demonstrating strong transparency and accountability.
Manageable liabilities relative to assets, indicating good financial control.

Frequently Asked Questions about Notre Dame Cristo Rey High School Inc

Is Notre Dame Cristo Rey High School Inc a good charity?

Based on the provided financial data, Notre Dame Cristo Rey High School Inc appears to be a very good charity. It consistently generates surpluses, has significantly grown its assets, and reports no officer compensation, indicating strong financial health and a commitment to its mission.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Assets have grown from $5,043,696 in 2015 to $15,669,360 in 2024, and it has consistently reported positive net income (revenue exceeding expenses) in recent years, demonstrating robust growth and stability.

What is the trend in revenue and expenses?

Revenue has generally increased over the past decade, with some fluctuations, reaching a peak of $9,020,519 in 2021 before settling to $5,928,709 in 2024. Expenses have also increased but at a slower rate, consistently remaining below revenue, leading to healthy surpluses.

Filing History

IRS 990 filing history for Notre Dame Cristo Rey High School Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Notre Dame Cristo Rey High School Inc's revenue has grown by 174.8%, moving from $2.2M to $5.9M. Total assets increased by 97.3% over the same period, from $7.9M to $15.7M. Total functional expenses rose by 78.2%, from $2.9M to $5.3M. In its most recent filing year (2024), Notre Dame Cristo Rey High School Inc reported a surplus of $678K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $15.7M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $14.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$5.9M	$5.3M	$15.7M	$1.1M	—	View 990
2023	$6.9M	$4.8M	$16.2M	$2.6M	—	View 990
2022	$8.4M	$5.1M	$14.5M	$3.1M	—	View 990
2021	$9.0M	$4.7M	$12.7M	$4.2M	—	—
2020	$5.7M	$4.6M	$5.7M	$1.9M	—	View 990
2019	$4.7M	$4.4M	$6.3M	$1.3M	—	View 990
2018	$4.4M	$4.0M	$6.0M	$1.4M	—	View 990
2017	$4.2M	$3.9M	$5.6M	$1.4M	—	View 990
2016	$4.2M	$3.9M	$5.4M	$1.5M	—	View 990
2015	$3.7M	$3.5M	$5.0M	$1.5M	—	View 990
2014	$3.6M	$3.8M	$5.3M	$1.6M	—	View 990
2013	$3.0M	$3.6M	$5.6M	$1.6M	—	View 990
2012	$1.8M	$3.1M	$6.4M	$1.8M	—	View 990
2011	$2.2M	$2.9M	$7.9M	$2.0M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $5.9M, expenses of $5.3M, and assets of $15.7M (revenue -13.6% year-over-year).
2023: Revenue of $6.9M, expenses of $4.8M, and assets of $16.2M (revenue -18.4% year-over-year).
2022: Revenue of $8.4M, expenses of $5.1M, and assets of $14.5M (revenue -6.8% year-over-year).
2021: Revenue of $9.0M, expenses of $4.7M, and assets of $12.7M (revenue +57.5% year-over-year).
2020: Revenue of $5.7M, expenses of $4.6M, and assets of $5.7M (revenue +22.1% year-over-year).
2019: Revenue of $4.7M, expenses of $4.4M, and assets of $6.3M (revenue +7.0% year-over-year).
2018: Revenue of $4.4M, expenses of $4.0M, and assets of $6.0M (revenue +3.3% year-over-year).
2017: Revenue of $4.2M, expenses of $3.9M, and assets of $5.6M (revenue -0.2% year-over-year).
2016: Revenue of $4.2M, expenses of $3.9M, and assets of $5.4M (revenue +14.2% year-over-year).
2015: Revenue of $3.7M, expenses of $3.5M, and assets of $5.0M (revenue +4.6% year-over-year).
2014: Revenue of $3.6M, expenses of $3.8M, and assets of $5.3M (revenue +18.8% year-over-year).
2013: Revenue of $3.0M, expenses of $3.6M, and assets of $5.6M (revenue +69.2% year-over-year).
2012: Revenue of $1.8M, expenses of $3.1M, and assets of $6.4M (revenue -18.0% year-over-year).
2011: Revenue of $2.2M, expenses of $2.9M, and assets of $7.9M.

Data Sources and Methodology

This transparency report for Notre Dame Cristo Rey High School 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.