Stevens Cooperative School
Stevens Cooperative School: Strong Financials, High Program Spending
EIN: 222209099 · Hoboken, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $17.2M |
| Total Expenses | $15.5M |
| Program Spending | 89% |
| Net Assets | $12.2M |
| Transparency Score | 85/100 |
Is Stevens Cooperative School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stevens Cooperative School directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stevens Cooperative School
Stevens Cooperative School (EIN: 222209099) is a nonprofit organization based in Hoboken, NJ. The organization reported total revenue of $17.2M and total assets of $31.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stevens Cooperative School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stevens Cooperative School is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.3M |
| Total Expenses | $15.5M |
| Surplus / Deficit | $-165,232 |
| Total Assets | $27.3M |
| Total Liabilities | $15.1M |
| Net Assets | $12.2M |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 55.5% |
| Months of Reserves | 21.2 months |
Financial Health Grade: C
In 2023, Stevens Cooperative School reported a deficit of $165K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 55.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stevens Cooperative School's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +13.7% | +45.0% |
| 2022 | +7.2% | +1.4% | -0.8% |
| 2021 | +7.3% | +6.9% | +14.8% |
| 2020 | +6.5% | +8.2% | +5.4% |
| 2019 | +4.6% | +5.5% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Stevens Cooperative School 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: 89%
- fundraising: 4%
According to IRS 990 filings, Stevens Cooperative School allocates its expenses as follows: admin: 7%, programs: 89%, fundraising: 4%. With 89% 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 $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed as a separate line item for individual officers in the provided data, but the 'c0%' indicates no compensation from unrelated organizations, suggesting direct compensation is covered within general expenses.
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 Stevens Cooperative School:
- Consistently high program spending, with 89% of expenses dedicated to programs in the most recent filing.
- Strong and consistent revenue growth, increasing from $10,115,068 in 2016 to $15,302,877 in 2023.
- Healthy asset accumulation, growing from $12,293,945 in 2016 to $27,284,032 in 2023, indicating financial stability and capacity.
- Low administrative and fundraising costs, demonstrating efficient operations.
Frequently Asked Questions about Stevens Cooperative School
Is Stevens Cooperative School a legitimate charity?
Based on AI analysis of IRS 990 filings, Stevens Cooperative School (EIN: 222209099) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Stevens Cooperative School spend its money?
Stevens Cooperative School directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stevens Cooperative School tax-deductible?
Stevens Cooperative School is registered as a tax-exempt nonprofit (EIN: 222209099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stevens Cooperative School's spending goes to programs?
Stevens Cooperative School directs 89% to programs, 4% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Stevens Cooperative School located?
Stevens Cooperative School is headquartered in Hoboken, New Jersey and files with the IRS under EIN 222209099.
How many years of IRS 990 filings does Stevens Cooperative School have?
Stevens Cooperative School 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 $17.2M in total revenue.
What does Stevens Cooperative School do?
Stevens Cooperative School is a nonprofit organization in the Unknown sector, located in Hoboken, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Stevens Cooperative School have?
Stevens Cooperative School reported total revenue of $17,168,539. Based on 13 IRS 990 filings on record.
What are Stevens Cooperative School's total assets?
Stevens Cooperative School holds total assets of $31,856,238 as reported in IRS 990 filings.
Where is Stevens Cooperative School located?
Stevens Cooperative School is based in Hoboken, New Jersey.
What is Stevens Cooperative School's EIN?
Stevens Cooperative School's Employer Identification Number (EIN) is 222209099. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Stevens Cooperative School?
Stevens Cooperative School is classified under NTEE code Unknown (Unknown).
Is Stevens Cooperative School a registered 501(c)(3)?
Stevens Cooperative School appears in IRS records (EIN: 222209099). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Stevens Cooperative School file IRS Form 990?
Yes, Stevens Cooperative School has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Stevens Cooperative School's revenue in 2023?
In the 202306 filing period, Stevens Cooperative School reported total revenue of $15,302,877, total expenses of $15,468,109, and net assets of $27,284,032.
Is Stevens Cooperative School's revenue growing or declining?
Stevens Cooperative School's revenue is relatively stable. Revenue went from $15,080,781 (202206) to $15,302,877 (202306), a +1.5% change. Based on 13 filings on record.
What is Stevens Cooperative School's most recent 990 filing?
The most recent IRS Form 990 filing for Stevens Cooperative School covers tax period 202306. It shows revenue of $15,302,877, expenses of $15,468,109, total assets of $27,284,032, and liabilities of $15,129,581.
How much does Stevens Cooperative School spend on programs vs administration?
Based on IRS 990 analysis, Stevens Cooperative School allocates approximately 89% of expenses to program services, 7% to administrative costs, and 4% to fundraising. This indicates strong program focus.
Is Stevens Cooperative School a trustworthy charity?
Based on AI analysis of IRS 990 data, Stevens Cooperative School appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Stevens Cooperative School's strengths?
Positive indicators for Stevens Cooperative School include: Consistently high program spending, with 89% of expenses dedicated to programs in the most recent filing.. Strong and consistent revenue growth, increasing from $10,115,068 in 2016 to $15,302,877 in 2023.. Healthy asset accumulation, growing from $12,293,945 in 2016 to $27,284,032 in 2023, indicating financial stability and capacity.. Low administrative and fundraising costs, demonstrating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Stevens Cooperative School compensate executives?
Executive compensation is not explicitly detailed as a separate line item for individual officers in the provided data, but the 'c0%' indicates no compensation from unrelated organizations, suggesting direct compensation is covered within general expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation from unrelated organizations, how is executive compensation structured and reported within the primary organization's expenses?
The 'c0%' indicates that no compensation is received from unrelated organizations. Executive compensation would be included within the organization's direct expenses, likely under salaries and other compensation, which are part of the total expenses (e.g., $15,468,109 in 2023) but not separately itemized for specific individuals in the provided summary data.
Filing History
IRS 990 filing history for Stevens Cooperative School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stevens Cooperative School's revenue has grown by 134.5%, moving from $6.5M to $15.3M. Total assets increased by 293.3% over the same period, from $6.9M to $27.3M. Total functional expenses rose by 144.1%, from $6.3M to $15.5M. In its most recent filing year (2023), Stevens Cooperative School reported a deficit of $165K, with expenses exceeding revenue. The organization holds $15.1M in liabilities against $27.3M in assets (debt-to-asset ratio: 55.5%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.3M | $15.5M | $27.3M | $15.1M | — | View 990 |
| 2022 | $15.1M | $13.6M | $18.8M | $7.0M | — | View 990 |
| 2021 | $14.1M | $13.4M | $19.0M | $7.9M | — | View 990 |
| 2020 | $13.1M | $12.5M | $16.5M | $7.1M | — | View 990 |
| 2019 | $12.3M | $11.6M | $15.7M | $7.0M | — | View 990 |
| 2018 | $11.8M | $11.0M | $14.5M | $6.8M | — | View 990 |
| 2017 | $11.0M | $10.2M | $13.9M | $7.2M | — | View 990 |
| 2016 | $10.1M | $9.6M | $12.3M | $6.5M | — | View 990 |
| 2015 | $9.6M | $8.9M | $11.4M | $6.3M | — | View 990 |
| 2014 | $9.0M | $8.3M | $10.3M | $5.9M | — | View 990 |
| 2013 | $8.1M | $7.6M | $9.3M | $5.9M | — | View 990 |
| 2012 | $7.1M | $6.8M | $8.1M | $5.1M | — | View 990 |
| 2011 | $6.5M | $6.3M | $6.9M | $4.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.3M, expenses of $15.5M, and assets of $27.3M (revenue +1.5% year-over-year).
- 2022: Revenue of $15.1M, expenses of $13.6M, and assets of $18.8M (revenue +7.2% year-over-year).
- 2021: Revenue of $14.1M, expenses of $13.4M, and assets of $19.0M (revenue +7.3% year-over-year).
- 2020: Revenue of $13.1M, expenses of $12.5M, and assets of $16.5M (revenue +6.5% year-over-year).
- 2019: Revenue of $12.3M, expenses of $11.6M, and assets of $15.7M (revenue +4.6% year-over-year).
- 2018: Revenue of $11.8M, expenses of $11.0M, and assets of $14.5M (revenue +7.2% year-over-year).
- 2017: Revenue of $11.0M, expenses of $10.2M, and assets of $13.9M (revenue +8.5% year-over-year).
- 2016: Revenue of $10.1M, expenses of $9.6M, and assets of $12.3M (revenue +5.2% year-over-year).
- 2015: Revenue of $9.6M, expenses of $8.9M, and assets of $11.4M (revenue +6.5% year-over-year).
- 2014: Revenue of $9.0M, expenses of $8.3M, and assets of $10.3M (revenue +12.1% year-over-year).
- 2013: Revenue of $8.1M, expenses of $7.6M, and assets of $9.3M (revenue +12.7% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.8M, and assets of $8.1M (revenue +9.5% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.3M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stevens Cooperative School:
Data Sources and Methodology
This transparency report for Stevens Cooperative School 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.