Saratoga Independent School Inc

Saratoga Independent School Inc. maintains stable finances with consistent revenue and asset growth, reporting no officer compensation.

EIN: 141743945 · Saratoga Spgs, NY · Updated: 2026-03-28

$2.8MRevenue

$4.5MAssets

88/100Mission Score (Excellent)

About Saratoga Independent School Inc

Saratoga Independent School Inc (EIN: 141743945) is a nonprofit organization based in Saratoga Spgs, NY. The organization reported total revenue of $2.8M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saratoga Independent School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Saratoga Independent School Inc. demonstrates consistent financial activity, with revenues generally keeping pace with or slightly exceeding expenses over the past decade. For instance, in 2023, expenses of $2,704,010 slightly outpaced revenue of $2,585,351, indicating a minor operating deficit for that period. However, the organization has maintained a healthy asset base, growing from $1,581,949 in 2014 to $4,900,851 in 2023, suggesting good long-term financial stability. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for transparency and efficiency. While specific program spending ratios are not detailed in the provided data, the overall financial trends suggest a well-managed organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saratoga Independent School Inc with a Mission Score of 88 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, Saratoga Independent 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

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that compensation is categorized differently, which is highly favorable for directing resources to its 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 Saratoga Independent School Inc:

Consistent asset growth, from $1,581,949 in 2014 to $4,900,851 in 2023, indicating strong financial health.
Zero officer compensation reported across all filings, suggesting high efficiency in resource allocation.
Steady revenue growth over the past decade, demonstrating increasing capacity and support.
Generally stable financial operations with revenues largely covering expenses.

Frequently Asked Questions about Saratoga Independent School Inc

Is Saratoga Independent School Inc. financially stable?

Yes, the organization appears financially stable. Its assets have grown significantly from $1,581,949 in 2014 to $4,900,851 in 2023, and revenues have generally covered expenses, indicating a healthy financial position.

How does Saratoga Independent School Inc. manage executive compensation?

Saratoga Independent School Inc. reports 0% officer compensation in all available filings, suggesting that its officers are not compensated, which is a strong indicator of efficient resource allocation.

Has the organization's revenue grown over time?

Yes, the organization has shown consistent revenue growth, increasing from $1,172,610 in 2014 to $2,585,351 in 2023, demonstrating a positive trend in its financial capacity.

Filing History

IRS 990 filing history for Saratoga Independent School Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Saratoga Independent School Inc's revenue has grown by 333.7%, moving from $596K to $2.6M. Total assets increased by 265.7% over the same period, from $1.3M to $4.9M. Total functional expenses rose by 322%, from $641K to $2.7M. In its most recent filing year (2023), Saratoga Independent School Inc reported a deficit of $119K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $4.9M in assets (debt-to-asset ratio: 47.9%), resulting in net assets of $2.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.6M	$2.7M	$4.9M	$2.3M	—	View 990
2022	$2.6M	$2.6M	$5.0M	$2.3M	—	View 990
2021	$2.1M	$2.0M	$5.2M	$2.5M	—	View 990
2020	$2.1M	$2.1M	$5.1M	$2.5M	—	View 990
2019	$2.4M	$1.7M	$5.1M	$2.5M	—	View 990
2018	$2.2M	$1.6M	$4.4M	$2.5M	—	View 990
2017	$1.6M	$1.5M	$3.8M	$2.5M	—	View 990
2016	$1.5M	$1.3M	$3.7M	$2.4M	—	View 990
2015	$1.4M	$1.2M	$1.8M	$686K	—	View 990
2014	$1.2M	$1.0M	$1.6M	$656K	—	View 990
2013	$884K	$852K	$1.4M	$586K	—	View 990
2012	$701K	$723K	$1.3M	$584K	—	View 990
2011	$596K	$641K	$1.3M	$581K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.6M, expenses of $2.7M, and assets of $4.9M (revenue +1.0% year-over-year).
2022: Revenue of $2.6M, expenses of $2.6M, and assets of $5.0M (revenue +19.1% year-over-year).
2021: Revenue of $2.1M, expenses of $2.0M, and assets of $5.2M (revenue +3.3% year-over-year).
2020: Revenue of $2.1M, expenses of $2.1M, and assets of $5.1M (revenue -12.4% year-over-year).
2019: Revenue of $2.4M, expenses of $1.7M, and assets of $5.1M (revenue +8.5% year-over-year).
2018: Revenue of $2.2M, expenses of $1.6M, and assets of $4.4M (revenue +36.4% year-over-year).
2017: Revenue of $1.6M, expenses of $1.5M, and assets of $3.8M (revenue +10.7% year-over-year).
2016: Revenue of $1.5M, expenses of $1.3M, and assets of $3.7M (revenue +7.0% year-over-year).
2015: Revenue of $1.4M, expenses of $1.2M, and assets of $1.8M (revenue +15.7% year-over-year).
2014: Revenue of $1.2M, expenses of $1.0M, and assets of $1.6M (revenue +32.6% year-over-year).
2013: Revenue of $884K, expenses of $852K, and assets of $1.4M (revenue +26.1% year-over-year).
2012: Revenue of $701K, expenses of $723K, and assets of $1.3M (revenue +17.6% year-over-year).
2011: Revenue of $596K, expenses of $641K, and assets of $1.3M.

Data Sources and Methodology

This transparency report for Saratoga Independent 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.