Saddle River Day School Inc
Saddle River Day School: Strong Financial Growth, High Program Spending
EIN: 221612735 · Saddle River, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $40.9M |
| Total Expenses | $19.4M |
| Program Spending | 82% |
| CEO/Top Officer Pay | $575,819, |
| Net Assets | $19.2M |
| Transparency Score | 85/100 |
Is Saddle River Day School Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saddle River Day School Inc directs 82% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saddle River Day School Inc
Saddle River Day School Inc (EIN: 221612735) is a nonprofit organization based in Saddle River, NJ. The organization reported total revenue of $40.9M and total assets of $40.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saddle River Day School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saddle River Day School Inc is a large nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $19.4M |
| Surplus / Deficit | +$4.3M |
| Total Assets | $24.9M |
| Total Liabilities | $5.8M |
| Net Assets | $19.2M |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Saddle River Day School Inc reported a surplus of $4.3M with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saddle River Day School Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.2% | +19.7% | +27.4% |
| 2022 | -2.7% | +13.6% | -2.4% |
| 2021 | +36.1% | +12.7% | +16.1% |
| 2020 | -6.4% | +0.6% | +4.3% |
| 2019 | +8.2% | +7.4% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1960 |
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 Saddle River Day School 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: 10%
- programs: 82%
- fundraising: 8%
According to IRS 990 filings, Saddle River Day School Inc allocates its expenses as follows: admin: 10%, programs: 82%, fundraising: 8%. With 82% 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 $4.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.1%.
Executive Compensation Analysis
In 2023, the Head of School received $575,819, which is a substantial increase from previous years but appears reasonable given the organization's significant revenue growth to $23,689,938 and asset base of $24,922,972.
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 Saddle River Day School Inc:
- Consistent and significant revenue growth, from $11,382,474 in 2016 to $23,689,938 in 2023.
- Strong asset growth, indicating financial stability and capacity for future programs.
- High percentage of spending directed towards programs (82%), demonstrating a focus on its core mission.
- Healthy financial position with assets consistently exceeding liabilities.
Frequently Asked Questions about Saddle River Day School Inc
Is Saddle River Day School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saddle River Day School Inc (EIN: 221612735) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Saddle River Day School Inc spend its money?
Saddle River Day School Inc directs 82% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saddle River Day School Inc tax-deductible?
Saddle River Day School Inc is registered as a tax-exempt nonprofit (EIN: 221612735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saddle River Day School Inc CEO make?
Saddle River Day School Inc's highest-compensated officer earns $575,819, annually. The organization reported $40.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saddle River Day School Inc's spending goes to programs?
Saddle River Day School Inc directs 82% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Saddle River Day School Inc located?
Saddle River Day School Inc is headquartered in Saddle River, New Jersey and files with the IRS under EIN 221612735.
How many years of IRS 990 filings does Saddle River Day School Inc have?
Saddle River Day School 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 $40.9M in total revenue.
What does Saddle River Day School Inc do?
Saddle River Day School Inc is a nonprofit organization in the Unknown sector, located in Saddle River, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Saddle River Day School Inc have?
Saddle River Day School Inc reported total revenue of $40,902,570. Based on 13 IRS 990 filings on record.
What are Saddle River Day School Inc's total assets?
Saddle River Day School Inc holds total assets of $40,778,217 as reported in IRS 990 filings.
Where is Saddle River Day School Inc located?
Saddle River Day School Inc is based in Saddle River, New Jersey.
What is Saddle River Day School Inc's EIN?
Saddle River Day School Inc's Employer Identification Number (EIN) is 221612735. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Saddle River Day School Inc?
Saddle River Day School Inc is classified under NTEE code Unknown (Unknown).
Is Saddle River Day School Inc a registered 501(c)(3)?
Saddle River Day School Inc appears in IRS records (EIN: 221612735). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Saddle River Day School Inc file IRS Form 990?
Yes, Saddle River Day School Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Saddle River Day School Inc's revenue in 2023?
In the 202306 filing period, Saddle River Day School Inc reported total revenue of $23,689,938, total expenses of $19,417,251, and net assets of $24,922,972.
Is Saddle River Day School Inc's revenue growing or declining?
Saddle River Day School Inc's revenue is growing. Revenue went from $16,312,416 (202206) to $23,689,938 (202306), a +45.2% change. Based on 13 filings on record.
What is Saddle River Day School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Saddle River Day School Inc covers tax period 202306. It shows revenue of $23,689,938, expenses of $19,417,251, total assets of $24,922,972, and liabilities of $5,758,193.
How much does Saddle River Day School Inc spend on programs vs administration?
Based on IRS 990 analysis, Saddle River Day School Inc allocates approximately 82% of expenses to program services, 10% to administrative costs, and 8% to fundraising. This indicates strong program focus.
Is Saddle River Day School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Saddle River Day School Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Saddle River Day School Inc's strengths?
Positive indicators for Saddle River Day School Inc include: Consistent and significant revenue growth, from $11,382,474 in 2016 to $23,689,938 in 2023.. Strong asset growth, indicating financial stability and capacity for future programs.. High percentage of spending directed towards programs (82%), demonstrating a focus on its core mission.. Healthy financial position with assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Saddle River Day School Inc compensate executives?
In 2023, the Head of School received $575,819, which is a substantial increase from previous years but appears reasonable given the organization's significant revenue growth to $23,689,938 and asset base of $24,922,972. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Saddle River Day School Inc?
• The organization consistently files its Form 990s, providing a clear financial history. • Detailed breakdowns of revenue and expenses are available, showing significant growth in recent years. • Compensation details for key employees are disclosed, allowing for executive compensation assessment. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Saddle River Day School managed to nearly double its revenue from 2016 to 2023?
The provided data shows a consistent upward trend in revenue, from $11,382,474 in 2016 to $23,689,938 in 2023. This significant growth suggests successful fundraising, increased enrollment, or expansion of programs, which would be worth investigating further through their annual reports or public statements.
What is the primary driver behind the substantial increase in total expenses from $11,263,085 in 2016 to $19,417,251 in 2023?
While the data indicates a large increase in total expenses, the high program spending percentage suggests that a significant portion of this increase is likely due to expanded educational programs, increased faculty salaries, or facility improvements to support the growing student body and offerings, aligning with their mission.
Filing History
IRS 990 filing history for Saddle River Day School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saddle River Day School Inc's revenue has grown by 190.3%, moving from $8.2M to $23.7M. Total assets increased by 94.4% over the same period, from $12.8M to $24.9M. Total functional expenses rose by 128.4%, from $8.5M to $19.4M. In its most recent filing year (2023), Saddle River Day School Inc reported a surplus of $4.3M, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $24.9M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.7M | $19.4M | $24.9M | $5.8M | — | — |
| 2022 | $16.3M | $16.2M | $19.6M | $5.0M | — | View 990 |
| 2021 | $16.8M | $14.3M | $20.0M | $4.5M | — | — |
| 2020 | $12.3M | $12.7M | $17.3M | $5.5M | — | View 990 |
| 2019 | $13.2M | $12.6M | $16.6M | $4.4M | — | View 990 |
| 2018 | $12.2M | $11.7M | $16.0M | $4.1M | — | View 990 |
| 2017 | $11.6M | $11.3M | $16.1M | $4.7M | — | — |
| 2016 | $11.4M | $11.3M | $15.2M | $4.5M | — | View 990 |
| 2015 | $11.1M | $11.3M | $14.7M | $4.1M | — | View 990 |
| 2014 | $10.8M | $10.5M | $14.8M | $3.6M | — | View 990 |
| 2013 | $10.4M | $9.6M | $15.9M | $5.1M | — | View 990 |
| 2012 | $9.8M | $9.0M | $14.0M | $4.0M | — | View 990 |
| 2011 | $8.2M | $8.5M | $12.8M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.7M, expenses of $19.4M, and assets of $24.9M (revenue +45.2% year-over-year).
- 2022: Revenue of $16.3M, expenses of $16.2M, and assets of $19.6M (revenue -2.7% year-over-year).
- 2021: Revenue of $16.8M, expenses of $14.3M, and assets of $20.0M (revenue +36.1% year-over-year).
- 2020: Revenue of $12.3M, expenses of $12.7M, and assets of $17.3M (revenue -6.4% year-over-year).
- 2019: Revenue of $13.2M, expenses of $12.6M, and assets of $16.6M (revenue +8.2% year-over-year).
- 2018: Revenue of $12.2M, expenses of $11.7M, and assets of $16.0M (revenue +4.7% year-over-year).
- 2017: Revenue of $11.6M, expenses of $11.3M, and assets of $16.1M (revenue +2.2% year-over-year).
- 2016: Revenue of $11.4M, expenses of $11.3M, and assets of $15.2M (revenue +2.2% year-over-year).
- 2015: Revenue of $11.1M, expenses of $11.3M, and assets of $14.7M (revenue +3.1% year-over-year).
- 2014: Revenue of $10.8M, expenses of $10.5M, and assets of $14.8M (revenue +4.2% year-over-year).
- 2013: Revenue of $10.4M, expenses of $9.6M, and assets of $15.9M (revenue +6.4% year-over-year).
- 2012: Revenue of $9.8M, expenses of $9.0M, and assets of $14.0M (revenue +19.5% year-over-year).
- 2011: Revenue of $8.2M, expenses of $8.5M, and assets of $12.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saddle River Day School Inc:
Data Sources and Methodology
This transparency report for Saddle River Day 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.