Schools Out Inc
Schools Out Inc: Consistent Revenue, High Program Spending, and Strong Asset Growth
EIN: 222510734 · Delmar, NY · NTEE: B900 · Updated: 2026-04-04
About Schools Out Inc
Schools Out Inc (EIN: 222510734) is a nonprofit organization based in Delmar, NY, classified under NTEE code B900. The organization reported total revenue of $1.7M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schools Out 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 Schools Out 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, Schools Out 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 appears reasonable given the organization's revenue and asset size, with no red flags identified in available 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.
Strengths
The following positive indicators were identified for Schools Out Inc:
- Strong program spending, consistently allocating a high percentage of expenses to direct programs.
- Healthy asset growth, increasing from $2,041,591 in 2016 to $2,961,105 in 2023.
- Consistent revenue generation over several years, demonstrating stable operations.
Frequently Asked Questions about Schools Out Inc
What does Schools Out Inc do?
Schools Out Inc is a nonprofit organization in the Education sector, located in Delmar, New York. It is classified under NTEE code B900.
How much revenue does Schools Out Inc have?
Schools Out Inc reported total revenue of $1,748,353. Based on 13 IRS 990 filings on record.
What are Schools Out Inc's total assets?
Schools Out Inc holds total assets of $2,961,105 as reported in IRS 990 filings.
Where is Schools Out Inc located?
Schools Out Inc is based in Delmar, New York.
What is Schools Out Inc's EIN?
Schools Out Inc's Employer Identification Number (EIN) is 222510734. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Schools Out Inc?
Schools Out Inc is classified under NTEE code B900 (Education).
Is Schools Out Inc a registered 501(c)(3)?
Yes, Schools Out Inc is recognized as a tax-exempt organization by the IRS. EIN: 222510734.
Does Schools Out Inc file IRS Form 990?
Yes, Schools Out Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Schools Out Inc's revenue in 2023?
In the 202306 filing period, Schools Out Inc reported total revenue of $1,524,409, total expenses of $1,487,508, and net assets of $2,732,491.
Is Schools Out Inc's revenue growing or declining?
Schools Out Inc's revenue is declining. Revenue went from $1,984,634 (202206) to $1,524,409 (202306), a -23.2% change. Based on 13 filings on record.
What is Schools Out Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Schools Out Inc covers tax period 202306. It shows revenue of $1,524,409, expenses of $1,487,508, total assets of $2,732,491, and liabilities of $229,865.
How much does Schools Out Inc spend on programs vs administration?
Based on IRS 990 analysis, Schools Out Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Schools Out Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Schools Out Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Schools Out Inc's strengths?
Positive indicators for Schools Out Inc include: Strong program spending, consistently allocating a high percentage of expenses to direct programs.. Healthy asset growth, increasing from $2,041,591 in 2016 to $2,961,105 in 2023.. Consistent revenue generation over several years, demonstrating stable operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Schools Out Inc compensate executives?
Executive compensation appears reasonable given the organization's revenue and asset size, with no red flags identified in available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Schools Out Inc managed to maintain consistent revenue streams despite fluctuations in the broader economic environment?
Schools Out Inc has demonstrated remarkable stability in its revenue, with figures consistently around $1.3M-$1.9M annually. This suggests a robust funding model, potentially relying on diversified grants, long-term contracts, or a strong donor base that is less susceptible to economic shifts.
What factors contribute to the significant increase in total assets from $2,041,591 in 2016 to $2,961,105 in 2023, and how does this impact their long-term sustainability?
The substantial growth in total assets indicates effective financial management and potentially successful fundraising or investment strategies. This increased asset base provides a stronger financial cushion, enhancing the organization's long-term sustainability and capacity to weather unforeseen challenges or expand programs.
Filing History
IRS 990 filing history for Schools Out Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Schools Out Inc's revenue has grown by 37.2%, moving from $1.1M to $1.5M. Total assets increased by 61.3% over the same period, from $1.7M to $2.7M. Total functional expenses rose by 33.7%, from $1.1M to $1.5M. In its most recent filing year (2023), Schools Out Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $230K in liabilities against $2.7M in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $2.7M | $230K | — | View 990 |
| 2022 | $2.0M | $1.3M | $2.5M | $132K | — | View 990 |
| 2021 | $818K | $1.0M | $2.3M | $284K | — | View 990 |
| 2020 | $1.1M | $1.2M | $2.2M | $260K | — | View 990 |
| 2019 | $1.4M | $1.4M | $2.2M | $74K | — | View 990 |
| 2018 | $1.4M | $1.4M | $2.1M | $74K | — | View 990 |
| 2017 | $1.4M | $1.3M | $2.1M | $73K | — | View 990 |
| 2016 | $1.3M | $1.2M | $2.0M | $89K | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.9M | $89K | — | View 990 |
| 2014 | $1.2M | $1.1M | $2.0M | $209K | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.8M | $185K | — | View 990 |
| 2012 | $1.1M | $1.1M | $1.8M | $210K | — | View 990 |
| 2011 | $1.1M | $1.1M | $1.7M | $208K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $2.7M (revenue -23.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.3M, and assets of $2.5M (revenue +142.5% year-over-year).
- 2021: Revenue of $818K, expenses of $1.0M, and assets of $2.3M (revenue -22.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $2.2M (revenue -26.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M (revenue +4.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $2.1M (revenue +0.5% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue +1.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $2.0M (revenue +8.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $2.0M (revenue +0.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.8M (revenue +5.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue +3.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Schools Out 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.