Saint Gregorys School For Boys
Saint Gregorys School For Boys shows strong asset growth and no reported officer compensation over the past decade.
EIN: 141466038 · Loudonville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $2.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $5.1M |
| Transparency Score | 90/100 |
Is Saint Gregorys School For Boys Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Gregorys School For Boys directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Gregorys School For Boys
Saint Gregorys School For Boys (EIN: 141466038) is a nonprofit organization based in Loudonville, NY. The organization reported total revenue of $4.1M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Gregorys School For Boys's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Gregorys School For Boys is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$742K |
| Total Assets | $5.7M |
| Total Liabilities | $592K |
| Net Assets | $5.1M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2024, Saint Gregorys School For Boys reported a surplus of $742K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Saint Gregorys School For Boys's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -17.0% | +1.6% | +15.9% |
| 2023 | +29.5% | +1.4% | +40.5% |
| 2022 | +6.3% | +16.7% | +18.2% |
| 2021 | +25.9% | +5.7% | +25.7% |
| 2020 | +4.2% | +1.3% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Saint Gregorys School For Boys with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Saint Gregorys School For Boys allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $742K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with over $3 million in annual revenue.
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 Saint Gregorys School For Boys's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Saint Gregorys School For Boys:
- Consistent revenue growth over the past decade, from $1,763,857 in 201506 to $3,165,747 in 202406.
- Strong asset growth, increasing from $2,258,510 in 201506 to $5,720,298 in 202406, indicating financial stability and accumulation of reserves.
- Expenses consistently below revenue in recent years (e.g., $2,423,349 expenses vs. $3,165,747 revenue in 202406), demonstrating operational efficiency.
- Zero reported officer compensation across all available filings, suggesting a high dedication of funds to the mission.
- Healthy financial reserves with assets significantly exceeding liabilities ($5,720,298 assets vs. $591,866 liabilities in 202406).
Frequently Asked Questions about Saint Gregorys School For Boys
Is Saint Gregorys School For Boys a legitimate charity?
Saint Gregorys School For Boys (EIN: 141466038) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Saint Gregorys School For Boys spend its money?
Saint Gregorys School For Boys directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Saint Gregorys School For Boys tax-deductible?
Saint Gregorys School For Boys is registered as a tax-exempt nonprofit (EIN: 141466038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint Gregorys School For Boys CEO make?
Saint Gregorys School For Boys's highest-compensated officer earns $3 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Saint Gregorys School For Boys located?
Saint Gregorys School For Boys is headquartered in Loudonville, New York and files with the IRS under EIN 141466038.
How many years of IRS 990 filings does Saint Gregorys School For Boys have?
Saint Gregorys School For Boys 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 $4.1M in total revenue.
How does Saint Gregorys School For Boys manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, which could mean that executive leadership is provided on a pro bono basis, compensated through other means not reported as officer compensation on the 990, or that the school's structure relies on a different compensation model for its leadership.
What is the specific breakdown of program vs. administrative expenses?
While the summary data doesn't provide a detailed breakdown, the overall expense figures relative to revenue suggest a lean operation. Given the 0% officer compensation, it's likely a significant portion of expenses are program-related, but without the full 990, precise percentages are not available.
What is the primary source of the organization's revenue?
The provided data only shows total revenue. For a school, common revenue sources include tuition, donations, grants, and investment income. The full 990 would detail these specific streams.
Filing History
IRS 990 filing history for Saint Gregorys School For Boys showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Saint Gregorys School For Boys's revenue has grown by 59.4%, moving from $2.0M to $3.2M. Total assets increased by 139.7% over the same period, from $2.4M to $5.7M. Total functional expenses rose by 32.9%, from $1.8M to $2.4M. In its most recent filing year (2024), Saint Gregorys School For Boys reported a surplus of $742K, with revenue exceeding expenses. The organization holds $592K in liabilities against $5.7M in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.2M | $2.4M | $5.7M | $592K | — | View 990 |
| 2023 | $3.8M | $2.4M | $4.9M | $557K | — | — |
| 2022 | $2.9M | $2.4M | $3.5M | $586K | — | View 990 |
| 2021 | $2.8M | $2.0M | $3.0M | $640K | — | View 990 |
| 2020 | $2.2M | $1.9M | $2.4M | $792K | — | View 990 |
| 2019 | $2.1M | $1.9M | $1.8M | $537K | — | View 990 |
| 2018 | $2.1M | $2.2M | $1.7M | $609K | — | View 990 |
| 2017 | $1.8M | $2.0M | $1.8M | $579K | — | View 990 |
| 2016 | $1.7M | $2.0M | $2.0M | $636K | — | View 990 |
| 2015 | $1.8M | $1.9M | $2.3M | $556K | — | View 990 |
| 2014 | $1.8M | $2.0M | $2.4M | $560K | — | View 990 |
| 2013 | $1.9M | $1.9M | $2.5M | $563K | — | View 990 |
| 2012 | $2.0M | $1.8M | $2.4M | $545K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.2M, expenses of $2.4M, and assets of $5.7M (revenue -17.0% year-over-year).
- 2023: Revenue of $3.8M, expenses of $2.4M, and assets of $4.9M (revenue +29.5% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.4M, and assets of $3.5M (revenue +6.3% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.0M, and assets of $3.0M (revenue +25.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.9M, and assets of $2.4M (revenue +4.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $1.8M (revenue +1.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.2M, and assets of $1.7M (revenue +15.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.0M, and assets of $1.8M (revenue +5.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.0M, and assets of $2.0M (revenue -2.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $2.3M (revenue -3.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.0M, and assets of $2.4M (revenue -5.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $2.5M (revenue -2.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.8M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Gregorys School For Boys:
Data Sources and Methodology
This transparency report for Saint Gregorys School For Boys 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.