Rutgers Preparatory School
Rutgers Preparatory School: Strong Financials, High Program Spending
EIN: 221607926 · Somerset, NJ · NTEE: B200 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $37.4M |
| Total Expenses | $29.7M |
| Program Spending | 89% |
| Net Assets | $53.2M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Rutgers Preparatory School Form 990, Revenue, CEO Pay, and IRS Filing Signals
Rutgers Preparatory 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 Rutgers Preparatory School in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $33.5M and expenses of $29.7M.
Revenue and Expenses
Rutgers Preparatory School reported $33.5M in revenue and $29.7M in expenses, a surplus of $3.7M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Rutgers Preparatory School Legit?
Appears Legitimate
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
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
| Program services | $26.5M (89%) |
Across stored filings, Rutgers Preparatory School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 89% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Somerset, NJ nonprofitsEducation in New Jersey
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Keep the Investigation Moving
Rutgers Preparatory School directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rutgers Preparatory School
Rutgers Preparatory School (EIN: 221607926) is a nonprofit organization based in Somerset, NJ, classified under NTEE code B200. The organization reported total revenue of $37.4M and total assets of $67.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutgers Preparatory School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rutgers Preparatory School is a large nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.5M |
| Total Expenses | $29.7M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $62.0M |
| Total Liabilities | $8.8M |
| Net Assets | $53.2M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2023, Rutgers Preparatory School reported a surplus of $3.7M with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rutgers Preparatory School's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +6.5% | +7.9% |
| 2022 | +3.3% | +10.8% | -1.4% |
| 2021 | +13.2% | -2.1% | +15.3% |
| 2020 | +3.4% | +3.3% | +5.8% |
| 2019 | +0.9% | +1.4% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
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 Rutgers Preparatory School 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: 6%
- programs: 89%
- fundraising: 5%
According to IRS 990 filings, Rutgers Preparatory School allocates its expenses as follows: admin: 6%, programs: 89%, fundraising: 5%. With 89% 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 $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently shows 0% for compensation from unrelated organizations, suggesting direct compensation details would be found within the full Form 990.
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 Rutgers Preparatory School:
- Consistent revenue growth over the past several years, from $24.1M in 2016 to $33.4M in 2023.
- Healthy asset growth, increasing from $49.7M in 2016 to $62.0M in 2023.
- Strong program spending, with expenses consistently around 89% of total expenses in recent years (e.g., $29.7M out of $33.4M in 2023).
- Positive net assets, indicating financial stability and sustainability.
Frequently Asked Questions about Rutgers Preparatory School
Is Rutgers Preparatory School a legitimate charity?
Rutgers Preparatory School (EIN: 221607926) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $37.4M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Rutgers Preparatory School spend its money?
Rutgers Preparatory School directs 89% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rutgers Preparatory School tax-deductible?
Rutgers Preparatory School is registered as a tax-exempt nonprofit (EIN: 221607926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rutgers Preparatory School's spending goes to programs?
Rutgers Preparatory School directs 89% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rutgers Preparatory School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rutgers Preparatory School is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rutgers Preparatory School located?
Rutgers Preparatory School is headquartered in Somerset, New Jersey and files with the IRS under EIN 221607926. It is classified under NTEE code B200.
How many years of IRS 990 filings does Rutgers Preparatory School have?
Rutgers Preparatory School 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 $37.4M in total revenue.
What does Rutgers Preparatory School do?
Rutgers Preparatory School is a nonprofit organization in the Education sector, located in Somerset, New Jersey. It is classified under NTEE code B200.
How much revenue does Rutgers Preparatory School have?
Rutgers Preparatory School reported total revenue of $37,423,537. Based on 13 IRS 990 filings on record.
What are Rutgers Preparatory School's total assets?
Rutgers Preparatory School holds total assets of $67,708,190 as reported in IRS 990 filings.
Where is Rutgers Preparatory School located?
Rutgers Preparatory School is based in Somerset, New Jersey.
What is Rutgers Preparatory School's EIN?
Rutgers Preparatory School's Employer Identification Number (EIN) is 221607926. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rutgers Preparatory School?
Rutgers Preparatory School is classified under NTEE code B200 (Education).
Is Rutgers Preparatory School a registered 501(c)(3)?
Yes, Rutgers Preparatory School is recognized as a tax-exempt organization by the IRS. EIN: 221607926.
Does Rutgers Preparatory School file IRS Form 990?
Yes, Rutgers Preparatory School has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Rutgers Preparatory School's revenue in 2023?
In the 202306 filing period, Rutgers Preparatory School reported total revenue of $33,462,817, total expenses of $29,741,148, and net assets of $62,037,788.
Is Rutgers Preparatory School's revenue growing or declining?
Rutgers Preparatory School's revenue is growing. Revenue went from $30,642,354 (202206) to $33,462,817 (202306), a +9.2% change. Based on 13 filings on record.
What is Rutgers Preparatory School's most recent 990 filing?
The most recent IRS Form 990 filing for Rutgers Preparatory School covers tax period 202306. It shows revenue of $33,462,817, expenses of $29,741,148, total assets of $62,037,788, and liabilities of $8,840,201.
How much does Rutgers Preparatory School spend on programs vs administration?
Based on IRS 990 analysis, Rutgers Preparatory School allocates approximately 89% of expenses to program services, 6% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rutgers Preparatory School a trustworthy charity?
Based on AI analysis of IRS 990 data, Rutgers Preparatory School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Rutgers Preparatory School's strengths?
Positive indicators for Rutgers Preparatory School include: Consistent revenue growth over the past several years, from $24.1M in 2016 to $33.4M in 2023.. Healthy asset growth, increasing from $49.7M in 2016 to $62.0M in 2023.. Strong program spending, with expenses consistently around 89% of total expenses in recent years (e.g., $29.7M out of $33.4M in 2023).. Positive net assets, indicating financial stability and sustainability.. These findings are derived from AI analysis of the organization's financial filings.
How does Rutgers Preparatory School compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently shows 0% for compensation from unrelated organizations, suggesting direct compensation details would be found within the full Form 990. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the school manage to maintain such a high percentage of program spending while also growing its assets and revenue consistently?
The school's ability to maintain high program spending alongside asset and revenue growth suggests effective financial management, potentially through tuition fees, endowment returns, and efficient operational costs, allowing a significant portion of income to be reinvested directly into educational programs.
Filing History
IRS 990 filing history for Rutgers Preparatory School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rutgers Preparatory School's revenue has grown by 69%, moving from $19.8M to $33.5M. Total assets increased by 43.3% over the same period, from $43.3M to $62.0M. Total functional expenses rose by 61.3%, from $18.4M to $29.7M. In its most recent filing year (2023), Rutgers Preparatory School reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $8.8M in liabilities against $62.0M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $53.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.5M | $29.7M | $62.0M | $8.8M | — | — |
| 2022 | $30.6M | $27.9M | $57.5M | $7.8M | — | View 990 |
| 2021 | $29.7M | $25.2M | $58.3M | $7.6M | — | View 990 |
| 2020 | $26.2M | $25.7M | $50.6M | $8.6M | — | View 990 |
| 2019 | $25.3M | $24.9M | $47.8M | $6.7M | — | View 990 |
| 2018 | $25.1M | $24.6M | $46.8M | $6.8M | — | View 990 |
| 2017 | $25.6M | $25.1M | $47.8M | $8.5M | — | — |
| 2016 | $24.1M | $24.1M | $49.8M | $11.8M | — | View 990 |
| 2015 | $25.4M | $24.2M | $49.2M | $11.1M | — | View 990 |
| 2014 | $23.5M | $23.2M | $48.2M | $11.2M | — | View 990 |
| 2013 | $22.6M | $21.8M | $47.2M | $11.4M | — | View 990 |
| 2012 | $21.2M | $20.2M | $46.3M | $12.0M | — | View 990 |
| 2011 | $19.8M | $18.4M | $43.3M | $9.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.5M, expenses of $29.7M, and assets of $62.0M (revenue +9.2% year-over-year).
- 2022: Revenue of $30.6M, expenses of $27.9M, and assets of $57.5M (revenue +3.3% year-over-year).
- 2021: Revenue of $29.7M, expenses of $25.2M, and assets of $58.3M (revenue +13.2% year-over-year).
- 2020: Revenue of $26.2M, expenses of $25.7M, and assets of $50.6M (revenue +3.4% year-over-year).
- 2019: Revenue of $25.3M, expenses of $24.9M, and assets of $47.8M (revenue +0.9% year-over-year).
- 2018: Revenue of $25.1M, expenses of $24.6M, and assets of $46.8M (revenue -1.7% year-over-year).
- 2017: Revenue of $25.6M, expenses of $25.1M, and assets of $47.8M (revenue +5.8% year-over-year).
- 2016: Revenue of $24.1M, expenses of $24.1M, and assets of $49.8M (revenue -4.9% year-over-year).
- 2015: Revenue of $25.4M, expenses of $24.2M, and assets of $49.2M (revenue +7.8% year-over-year).
- 2014: Revenue of $23.5M, expenses of $23.2M, and assets of $48.2M (revenue +4.2% year-over-year).
- 2013: Revenue of $22.6M, expenses of $21.8M, and assets of $47.2M (revenue +6.5% year-over-year).
- 2012: Revenue of $21.2M, expenses of $20.2M, and assets of $46.3M (revenue +7.2% year-over-year).
- 2011: Revenue of $19.8M, expenses of $18.4M, and assets of $43.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rutgers Preparatory School:
Data Sources and Methodology
This transparency report for Rutgers Preparatory 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.