Storm King School

Storm King School maintains stable finances with consistent revenue growth and no reported officer compensation.

EIN: 141413685 · Cornwall Hdsn, NY · NTEE: B250 · Updated: 2026-03-28

$15.2MRevenue
$12.9MGross Revenue
$16.6MAssets
85/100Mission Score (Excellent)
B250
Storm King School Financial Summary
MetricValue
Total Revenue$15.2M
Total Expenses$11.3M
Program Spending80%
CEO/Top Officer Pay$11
Net Assets$7.8M
Transparency Score85/100

Is Storm King School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Storm King School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Storm King School

Storm King School (EIN: 141413685) is a nonprofit organization based in Cornwall Hdsn, NY, classified under NTEE code B250. The organization reported total revenue of $15.2M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Storm King School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

83Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Storm King School is a large nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$11.7M
Total Expenses$11.3M
Surplus / Deficit+$391K
Total Assets$16.4M
Total Liabilities$8.5M
Net Assets$7.8M
Operating Margin3.3%
Debt-to-Asset Ratio52.2%
Months of Reserves17.4 months

Financial Health Grade: A

In 2023, Storm King School reported a surplus of $391K with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 52.2% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Storm King School's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-3.4%-1.0%+8.0%
2022-1.3%-4.0%-14.6%
2021-2.6%+4.1%-1.4%
2020+5.1%-0.7%+3.5%
2019+12.5%+8.6%+6.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1943

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Storm King School demonstrates consistent financial operations with revenues generally exceeding expenses over the past decade, indicating a stable financial position. For instance, in fiscal year 2023, the organization reported revenues of $11,707,226 against expenses of $11,315,922, resulting in a surplus. Assets have also shown growth, reaching $16,375,642 in 2023, up from $6,917,637 in 2014, suggesting prudent asset management and investment. The organization's liabilities have also increased over time, reaching $8,548,282 in 2023, which warrants monitoring relative to asset growth. The organization's spending efficiency appears sound, with a consistent pattern of expenses closely aligned with revenue, indicating that funds are being utilized for operational purposes. The absence of reported officer compensation across all available filings suggests a strong commitment to directing resources towards the mission rather than executive salaries, which is a positive indicator of financial stewardship. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of 0% officer compensation is a notable positive for transparency and accountability. To further enhance transparency, a more granular breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across different activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Storm King 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Storm King School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$11.7MTotal Revenue
$11.3MTotal Expenses
$16.4MTotal Assets
$8.5MTotal Liabilities
$7.8MNet Assets
  • The organization reported a surplus of $391K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 52.2%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $11 million in annual 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.

Red Flags

The following concerns were identified during AI analysis of Storm King School's IRS 990 filings:

  • Consistent 0% officer compensation for an organization of this size may indicate compensation is reported in other categories or not disclosed, warranting further investigation.
  • Increasing liabilities, reaching $8,548,282 in 2023, should be monitored relative to asset growth and liquidity.

Strengths

The following positive indicators were identified for Storm King School:

  • Consistent revenue growth over the past decade, from $7.6M in 2014 to $11.7M in 2023.
  • Strong asset growth, increasing from $6.9M in 2014 to $16.3M in 2023.
  • Expenses consistently managed within revenue, indicating financial stability and responsible spending.
  • No reported officer compensation, suggesting a high dedication of funds to the organization's mission.

Frequently Asked Questions about Storm King School

Is Storm King School a legitimate charity?

Storm King School (EIN: 141413685) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Storm King School spend its money?

Storm King School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Storm King School tax-deductible?

Storm King School is registered as a tax-exempt nonprofit (EIN: 141413685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Storm King School CEO make?

Storm King School's highest-compensated officer earns $11 annually. The organization reported $15.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Storm King School's spending goes to programs?

Storm King School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Storm King School compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Storm King School is above average for NTEE category B250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Storm King School located?

Storm King School is headquartered in Cornwall Hdsn, New York and files with the IRS under EIN 141413685. It is classified under NTEE code B250.

How many years of IRS 990 filings does Storm King School have?

Storm King 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 $15.2M in total revenue.

Is Storm King School a good charity?

Based on the available financial data, Storm King School appears to be a financially stable organization with consistent revenue and asset growth. The absence of reported officer compensation is a significant positive indicator of resource allocation towards its mission. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.

How has Storm King School's financial health changed over the last decade?

Storm King School has demonstrated consistent financial growth over the last decade. Revenue increased from $7,672,068 in 2014 to $11,707,226 in 2023, and assets grew from $6,917,637 to $16,375,642 in the same period, indicating a strong and improving financial position.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be compensated through other means not reported as officer compensation on the 990, or that they are volunteers, which would be an exceptional dedication of resources directly to the mission rather than executive salaries.

Filing History

IRS 990 filing history for Storm King School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Storm King School's revenue has grown by 101.3%, moving from $5.8M to $11.7M. Total assets increased by 241% over the same period, from $4.8M to $16.4M. Total functional expenses rose by 88.9%, from $6.0M to $11.3M. In its most recent filing year (2023), Storm King School reported a surplus of $391K, with revenue exceeding expenses. The organization holds $8.5M in liabilities against $16.4M in assets (debt-to-asset ratio: 52.2%), resulting in net assets of $7.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $11.7M $11.3M $16.4M $8.5M View 990
2022 $12.1M $11.4M $15.2M $8.1M View 990
2021 $12.3M $11.9M $17.8M $9.8M View 990
2020 $12.6M $11.4M $18.0M $10.8M View 990
2019 $12.0M $11.5M $17.4M $11.1M View 990
2018 $10.7M $10.6M $16.4M $10.5M
2017 $10.9M $10.5M $16.6M $11.1M View 990
2016 $9.9M $9.5M $15.1M $10.6M View 990
2015 $8.9M $8.3M $13.2M $8.8M View 990
2014 $7.7M $7.2M $6.9M $3.5M View 990
2013 $6.6M $6.4M $6.5M $3.7M View 990
2012 $6.7M $6.3M $5.9M $3.3M View 990
2011 $5.8M $6.0M $4.8M $2.7M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $11.7M, expenses of $11.3M, and assets of $16.4M (revenue -3.4% year-over-year).
  • 2022: Revenue of $12.1M, expenses of $11.4M, and assets of $15.2M (revenue -1.3% year-over-year).
  • 2021: Revenue of $12.3M, expenses of $11.9M, and assets of $17.8M (revenue -2.6% year-over-year).
  • 2020: Revenue of $12.6M, expenses of $11.4M, and assets of $18.0M (revenue +5.1% year-over-year).
  • 2019: Revenue of $12.0M, expenses of $11.5M, and assets of $17.4M (revenue +12.5% year-over-year).
  • 2018: Revenue of $10.7M, expenses of $10.6M, and assets of $16.4M (revenue -2.0% year-over-year).
  • 2017: Revenue of $10.9M, expenses of $10.5M, and assets of $16.6M (revenue +10.2% year-over-year).
  • 2016: Revenue of $9.9M, expenses of $9.5M, and assets of $15.1M (revenue +11.3% year-over-year).
  • 2015: Revenue of $8.9M, expenses of $8.3M, and assets of $13.2M (revenue +15.7% year-over-year).
  • 2014: Revenue of $7.7M, expenses of $7.2M, and assets of $6.9M (revenue +15.6% year-over-year).
  • 2013: Revenue of $6.6M, expenses of $6.4M, and assets of $6.5M (revenue -0.8% year-over-year).
  • 2012: Revenue of $6.7M, expenses of $6.3M, and assets of $5.9M (revenue +14.9% year-over-year).
  • 2011: Revenue of $5.8M, expenses of $6.0M, and assets of $4.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Storm King School:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Storm King 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.

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