School Settlement Association Inc

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School Settlement Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

School Settlement Association Inc 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 School Settlement Association Inc in one place.

Is School Settlement Association Inc Legit?

Some Concerns

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

Across stored filings, School Settlement Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Keep the Investigation Moving

School Settlement Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About School Settlement Association Inc

School Settlement Association Inc (EIN: 111646304) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code I21Z. The organization reported total revenue of $2.9M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Settlement Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

School Settlement Association Inc is a mid-size nonprofit that has been operating for 79 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, School Settlement Association Inc reported a deficit of $3K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 41.3% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2023), School Settlement Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.

IRS Tax-Exempt Classification

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 School Settlement Association 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, School Settlement Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $3K, with expenses exceeding revenue.
• Debt-to-asset ratio: 41.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with recent revenues approaching $3 million, and suggests either a fully volunteer leadership or compensation is covered by another entity, which would warrant further investigation for complete transparency.

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 School Settlement Association Inc's IRS 990 filings:

• Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual leadership costs if compensated by a related party.

Strengths

The following positive indicators were identified for School Settlement Association Inc:

• Consistent utilization of nearly all revenue for expenses, as seen in 2023 ($2,932,265 revenue vs. $2,935,015 expenses), indicating efficient resource deployment.
• Significant revenue growth in recent years, more than doubling from $1.34M in 2020 to $2.93M in 2023, suggesting expanding impact and funding success.
• Strong transparency regarding executive compensation, reporting 0% officer compensation across all filings.
• Healthy asset base, growing to $1,278,177 in 2023, providing financial stability.

Frequently Asked Questions about School Settlement Association Inc

Filing History

IRS 990 filing history for School Settlement Association Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), School Settlement Association Inc's revenue has grown by 243.8%, moving from $853K to $2.9M. Total assets increased by 103.8% over the same period, from $627K to $1.3M. Total functional expenses rose by 256.1%, from $824K to $2.9M. In its most recent filing year (2023), School Settlement Association Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $528K in liabilities against $1.3M in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $750K.

Year-by-Year Financial Summary

• 2023: Revenue of $2.9M, expenses of $2.9M, and assets of $1.3M (revenue +17.5% year-over-year).
• 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $1.4M (revenue +50.1% year-over-year).
• 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +23.9% year-over-year).
• 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $1.2M (revenue -5.5% year-over-year).
• 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $1.1M (revenue -11.3% year-over-year).
• 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue +16.7% year-over-year).
• 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $1.0M (revenue +136.3% year-over-year).
• 2016: Revenue of $581K, expenses of $578K, and assets of $855K (revenue -51.0% year-over-year).
• 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $974K (revenue +19.5% year-over-year).
• 2015: Revenue of $992K, expenses of $1.0M, and assets of $934K (revenue +18.0% year-over-year).
• 2014: Revenue of $841K, expenses of $852K, and assets of $672K (revenue +11.1% year-over-year).
• 2013: Revenue of $757K, expenses of $757K, and assets of $656K (revenue -5.7% year-over-year).
• 2012: Revenue of $802K, expenses of $770K, and assets of $672K (revenue -5.9% year-over-year).
• 2011: Revenue of $853K, expenses of $824K, and assets of $627K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for School Settlement Association Inc:

Data Sources and Methodology

This transparency report for School Settlement Association 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.