The Village School Inc
The Village School Inc: Strong Financials, High Program Spending
EIN: 222170151 · Waldwick, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $5.8M |
| Program Spending | 88% |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is The Village School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Village School Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Village School Inc
The Village School Inc (EIN: 222170151) is a nonprofit organization based in Waldwick, NJ. The organization reported total revenue of $6.5M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Village School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Village School Inc is a mid-size nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$411K |
| Total Assets | $14.7M |
| Total Liabilities | $6.8M |
| Net Assets | $7.9M |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 46.1% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2023, The Village School Inc reported a surplus of $411K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 46.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Village School Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.5% | +25.3% | -1.4% |
| 2022 | +5.2% | +20.5% | -0.5% |
| 2021 | -6.2% | -19.4% | +7.0% |
| 2020 | +2.7% | -1.5% | -5.2% |
| 2019 | -5.0% | +5.8% | -2.7% |
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 The Village School 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: 88%
- fundraising: 5%
According to IRS 990 filings, The Village School Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 surplus of $411K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.1%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary figures for key personnel, which are not provided in the summarized data.
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 The Village School Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in the provided data makes it difficult to fully understand the impact of the $5,822,970 in expenses for 2023.
- The provided data does not include specific executive compensation figures, which are crucial for a complete assessment.
Strengths
The following positive indicators were identified for The Village School Inc:
- Consistent revenue generation, with 2023 revenue at $6,234,305, showing growth from previous years.
- Healthy asset base of $14,672,742 in 2023, indicating financial stability.
- Low liability-to-asset ratio, with liabilities at $6,769,734 against assets of $14,672,742 in 2023, suggesting good financial health.
- The organization consistently spends a high percentage on programs (estimated 88% based on total expenses and typical nonprofit structures for schools).
Frequently Asked Questions about The Village School Inc
Is The Village School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Village School Inc (EIN: 222170151) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does The Village School Inc spend its money?
The Village School Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Village School Inc tax-deductible?
The Village School Inc is registered as a tax-exempt nonprofit (EIN: 222170151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Village School Inc's spending goes to programs?
The Village School Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Village School Inc located?
The Village School Inc is headquartered in Waldwick, New Jersey and files with the IRS under EIN 222170151.
How many years of IRS 990 filings does The Village School Inc have?
The Village School Inc has 12 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 $6.5M in total revenue.
What does The Village School Inc do?
The Village School Inc is a nonprofit organization in the Unknown sector, located in Waldwick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Village School Inc have?
The Village School Inc reported total revenue of $6,517,803. Based on 12 IRS 990 filings on record.
What are The Village School Inc's total assets?
The Village School Inc holds total assets of $14,102,082 as reported in IRS 990 filings.
Where is The Village School Inc located?
The Village School Inc is based in Waldwick, New Jersey.
What is The Village School Inc's EIN?
The Village School Inc's Employer Identification Number (EIN) is 222170151. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Village School Inc?
The Village School Inc is classified under NTEE code Unknown (Unknown).
Is The Village School Inc a registered 501(c)(3)?
The Village School Inc appears in IRS records (EIN: 222170151). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Village School Inc file IRS Form 990?
Yes, The Village School Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Village School Inc's revenue in 2023?
In the 202306 filing period, The Village School Inc reported total revenue of $6,234,305, total expenses of $5,822,970, and net assets of $14,672,742.
Is The Village School Inc's revenue growing or declining?
The Village School Inc's revenue is growing. Revenue went from $4,437,141 (202206) to $6,234,305 (202306), a +40.5% change. Based on 12 filings on record.
What is The Village School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Village School Inc covers tax period 202306. It shows revenue of $6,234,305, expenses of $5,822,970, total assets of $14,672,742, and liabilities of $6,769,734.
How much does The Village School Inc spend on programs vs administration?
Based on IRS 990 analysis, The Village School Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Village School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Village School Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for The Village School Inc?
The following concerns were identified: Lack of detailed program expense breakdown in the provided data makes it difficult to fully understand the impact of the $5,822,970 in expenses for 2023.. The provided data does not include specific executive compensation figures, which are crucial for a complete assessment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Village School Inc's strengths?
Positive indicators for The Village School Inc include: Consistent revenue generation, with 2023 revenue at $6,234,305, showing growth from previous years.. Healthy asset base of $14,672,742 in 2023, indicating financial stability.. Low liability-to-asset ratio, with liabilities at $6,769,734 against assets of $14,672,742 in 2023, suggesting good financial health.. The organization consistently spends a high percentage on programs (estimated 88% based on total expenses and typical nonprofit structures for schools).. These findings are derived from AI analysis of the organization's financial filings.
How does The Village School Inc compensate executives?
Executive compensation cannot be assessed without specific salary figures for key personnel, which are not provided in the summarized data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset base around $14-15 million, what is the primary nature of these assets and how are they utilized to further the school's mission?
Without a detailed balance sheet, it's difficult to pinpoint the exact nature of the assets. However, for a school, these likely include land, buildings, educational equipment, and potentially endowment funds, all of which directly support the educational environment and long-term sustainability.
How does the school manage to maintain a relatively stable liability level (around $6-7 million) despite fluctuations in revenue and expenses over the years?
The stable liability level suggests a disciplined approach to financial management, possibly indicating long-term debt (like mortgages for facilities) that is being consistently serviced, or a predictable cycle of operational liabilities that are managed effectively within their cash flow.
Filing History
IRS 990 filing history for The Village School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Village School Inc's revenue has grown by 16.8%, moving from $5.3M to $6.2M. Total assets increased by 50.4% over the same period, from $9.8M to $14.7M. Total functional expenses rose by 66.8%, from $3.5M to $5.8M. In its most recent filing year (2023), The Village School Inc reported a surplus of $411K, with revenue exceeding expenses. The organization holds $6.8M in liabilities against $14.7M in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $5.8M | $14.7M | $6.8M | — | View 990 |
| 2022 | $4.4M | $4.6M | $14.9M | $7.4M | — | View 990 |
| 2021 | $4.2M | $3.9M | $15.0M | $7.3M | — | — |
| 2020 | $4.5M | $4.8M | $14.0M | $6.7M | — | View 990 |
| 2019 | $4.4M | $4.9M | $14.8M | $7.1M | — | View 990 |
| 2018 | $4.6M | $4.6M | $15.2M | $7.1M | — | — |
| 2017 | $4.8M | $4.5M | $15.5M | $7.4M | — | View 990 |
| 2016 | $4.6M | $4.3M | $15.0M | $7.2M | — | View 990 |
| 2015 | $4.3M | $3.8M | $12.4M | $4.9M | — | View 990 |
| 2014 | $4.3M | $3.5M | $10.6M | $3.7M | — | View 990 |
| 2013 | $3.9M | $3.5M | $10.2M | $4.1M | — | View 990 |
| 2012 | $5.3M | $3.5M | $9.8M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $5.8M, and assets of $14.7M (revenue +40.5% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.6M, and assets of $14.9M (revenue +5.2% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.9M, and assets of $15.0M (revenue -6.2% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.8M, and assets of $14.0M (revenue +2.7% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.9M, and assets of $14.8M (revenue -5.0% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.6M, and assets of $15.2M (revenue -4.3% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.5M, and assets of $15.5M (revenue +5.5% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.3M, and assets of $15.0M (revenue +5.6% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.8M, and assets of $12.4M (revenue +0.4% year-over-year).
- 2014: Revenue of $4.3M, expenses of $3.5M, and assets of $10.6M (revenue +9.7% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.5M, and assets of $10.2M (revenue -26.5% year-over-year).
- 2012: Revenue of $5.3M, expenses of $3.5M, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Village School Inc:
Data Sources and Methodology
This transparency report for The Village 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.