Saras Pre School Inc
Saras Pre School Inc: Consistent Revenue, High Program Spending, but Limited Transparency
EIN: 222720353 · Ridgewood, NJ · NTEE: B21Z · Updated: 2026-04-04
About Saras Pre School Inc
Saras Pre School Inc (EIN: 222720353) is a nonprofit organization based in Ridgewood, NJ, classified under NTEE code B21Z. The organization reported total revenue of $1.5M and total assets of $761K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saras Pre School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Saras Pre 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: 85%
- fundraising: 5%
According to IRS 990 filings, Saras Pre School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation details are not explicitly itemized in the provided financial data, making a specific assessment difficult without further filings.
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 Saras Pre School Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure in provided data.
- Limited public information on program effectiveness and outcomes.
- Absence of a clear transparency report or detailed annual report on their website.
Strengths
The following positive indicators were identified for Saras Pre School Inc:
- Consistent revenue generation over the past several years, indicating stable operations.
- High percentage of expenses allocated to programs (85%), suggesting a strong focus on its core mission.
- Healthy asset base relative to liabilities, indicating financial stability.
Frequently Asked Questions about Saras Pre School Inc
What does Saras Pre School Inc do?
Saras Pre School Inc is a nonprofit organization in the Education sector, located in Ridgewood, New Jersey. It is classified under NTEE code B21Z.
How much revenue does Saras Pre School Inc have?
Saras Pre School Inc reported total revenue of $1,474,941. Based on 14 IRS 990 filings on record.
What are Saras Pre School Inc's total assets?
Saras Pre School Inc holds total assets of $761,491 as reported in IRS 990 filings.
Where is Saras Pre School Inc located?
Saras Pre School Inc is based in Ridgewood, New Jersey.
What is Saras Pre School Inc's EIN?
Saras Pre School Inc's Employer Identification Number (EIN) is 222720353. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Saras Pre School Inc?
Saras Pre School Inc is classified under NTEE code B21Z (Education).
Is Saras Pre School Inc a registered 501(c)(3)?
Yes, Saras Pre School Inc is recognized as a tax-exempt organization by the IRS. EIN: 222720353.
Does Saras Pre School Inc file IRS Form 990?
Yes, Saras Pre School Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Saras Pre School Inc's revenue in 2024?
In the 202406 filing period, Saras Pre School Inc reported total revenue of $1,470,959, total expenses of $1,591,813, and net assets of $910,678.
Is Saras Pre School Inc's revenue growing or declining?
Saras Pre School Inc's revenue is relatively stable. Revenue went from $1,514,858 (202306) to $1,470,959 (202406), a -2.9% change. Based on 14 filings on record.
What is Saras Pre School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Saras Pre School Inc covers tax period 202406. It shows revenue of $1,470,959, expenses of $1,591,813, total assets of $910,678, and liabilities of $153,761.
How much does Saras Pre School Inc spend on programs vs administration?
Based on IRS 990 analysis, Saras Pre School Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Saras Pre School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Saras Pre School Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Saras Pre School Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure in provided data.. Limited public information on program effectiveness and outcomes.. Absence of a clear transparency report or detailed annual report on their website.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Saras Pre School Inc's strengths?
Positive indicators for Saras Pre School Inc include: Consistent revenue generation over the past several years, indicating stable operations.. High percentage of expenses allocated to programs (85%), suggesting a strong focus on its core mission.. Healthy asset base relative to liabilities, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Saras Pre School Inc compensate executives?
Executive compensation details are not explicitly itemized in the provided financial data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and high program spending, what specific programs does Saras Pre School Inc operate, and what are their measurable impacts on the community?
The provided data indicates high program spending, but specific program details and their measurable impacts are not available. Further investigation into their website or direct communication would be needed to understand the specific educational programs offered and their outcomes for children in Ridgewood, NJ.
How does Saras Pre School Inc ensure its administrative and fundraising costs remain low while maintaining operational effectiveness and securing necessary funding?
The organization consistently allocates a low percentage to administrative (10%) and fundraising (5%) costs. This suggests efficient internal operations, potentially through volunteer support, lean staffing, or effective, low-cost fundraising strategies. Without more detailed operational breakdowns, the exact mechanisms are unclear.
Filing History
IRS 990 filing history for Saras Pre School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Saras Pre School Inc's revenue has grown by 2.2%, moving from $1.4M to $1.5M. Total assets increased by 132% over the same period, from $392K to $911K. Total functional expenses rose by 43.6%, from $1.1M to $1.6M. In its most recent filing year (2024), Saras Pre School Inc reported a deficit of $121K, with expenses exceeding revenue. The organization holds $154K in liabilities against $911K in assets (debt-to-asset ratio: 16.9%), resulting in net assets of $757K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.6M | $911K | $154K | — | View 990 |
| 2023 | $1.5M | $1.5M | $1.0M | $150K | — | — |
| 2022 | $1.5M | $1.2M | $1.0M | $151K | — | View 990 |
| 2021 | $897K | $935K | $852K | $285K | — | View 990 |
| 2020 | $737K | $877K | $777K | $172K | — | View 990 |
| 2019 | $1.2M | $1.3M | $750K | $6K | — | View 990 |
| 2018 | $1.3M | $1.3M | $808K | $7K | — | — |
| 2017 | $1.5M | $1.5M | $871K | $13K | — | View 990 |
| 2016 | $1.3M | $1.3M | $872K | $23K | — | View 990 |
| 2015 | $1.2M | $1.2M | $882K | $29K | — | View 990 |
| 2014 | $1.4M | $1.0M | $900K | $42K | — | View 990 |
| 2013 | $1.3M | $1.1M | $591K | $62K | — | View 990 |
| 2012 | $1.4M | $1.4M | $366K | $72K | — | View 990 |
| 2011 | $1.4M | $1.1M | $392K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.6M, and assets of $911K (revenue -2.9% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.0M (revenue +3.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.2M, and assets of $1.0M (revenue +62.8% year-over-year).
- 2021: Revenue of $897K, expenses of $935K, and assets of $852K (revenue +21.7% year-over-year).
- 2020: Revenue of $737K, expenses of $877K, and assets of $777K (revenue -39.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $750K (revenue -4.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $808K (revenue -14.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $871K (revenue +11.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $872K (revenue +11.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $882K (revenue -13.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.0M, and assets of $900K (revenue +1.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.1M, and assets of $591K (revenue -5.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $366K (revenue -0.7% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.1M, and assets of $392K.
Data Sources and Methodology
This transparency report for Saras Pre 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.