Threefold Educational Foundation & School
Threefold Educational Foundation & School consistently operates near break-even with no reported officer compensation.
EIN: 136196291 · Spring Valley, NY · NTEE: B110 · Updated: 2026-03-28
About Threefold Educational Foundation & School
Threefold Educational Foundation & School (EIN: 136196291) is a nonprofit organization based in Spring Valley, NY, classified under NTEE code B110. The organization reported total revenue of $11.9M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Threefold Educational Foundation & School'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 Threefold Educational Foundation & School with a Mission Score of 90 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, Threefold Educational Foundation & School 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 is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $11 million. This suggests either a volunteer leadership model or that compensation is categorized differently, warranting further inquiry.
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 Threefold Educational Foundation & School's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual leadership compensation structures.
Strengths
The following positive indicators were identified for Threefold Educational Foundation & School:
- Consistent financial stability with revenues generally matching expenses.
- Strong asset base ($15,356,174 in 2023) significantly exceeding liabilities ($1,704,759 in 2023).
- No reported officer compensation across all filings, indicating a potential strong commitment to mission or volunteer leadership.
- Long history of consistent IRS 990 filings (12 filings), demonstrating transparency in reporting.
Frequently Asked Questions about Threefold Educational Foundation & School
Is Threefold Educational Foundation & School a good charity?
Based on the available IRS 990 data, the organization appears to be financially stable with consistent revenue and expenses, and a strong asset-to-liability ratio. The reported 0% officer compensation is a significant positive indicator of mission focus, though it's an unusual practice for an organization of this size.
How does Threefold Educational Foundation & School manage its leadership compensation?
The IRS 990 filings consistently report 0% officer compensation, which is highly atypical for an organization with over $11 million in annual revenue. This suggests that the top leadership may be entirely volunteer-based or compensated through other means not classified as 'officer compensation' on the 990.
What is the trend in Threefold Educational Foundation & School's financial health?
The organization has maintained a stable financial position over the past decade, with revenues and expenses generally in balance. Assets have shown a steady increase, from $13,247,614 in 2013 to $15,356,174 in 2023, while liabilities remain manageable, indicating consistent financial health.
Filing History
IRS 990 filing history for Threefold Educational Foundation & School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Threefold Educational Foundation & School's revenue has grown by 57.8%, moving from $7.4M to $11.6M. Total assets increased by 15.8% over the same period, from $13.3M to $15.4M. Total functional expenses rose by 43.3%, from $8.1M to $11.7M. In its most recent filing year (2023), Threefold Educational Foundation & School reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $15.4M in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.6M | $11.7M | $15.4M | $1.7M | — | View 990 |
| 2022 | $11.6M | $10.6M | $15.0M | $1.4M | — | View 990 |
| 2021 | $9.8M | $9.3M | $15.2M | $2.4M | — | View 990 |
| 2020 | $9.3M | $9.2M | $14.6M | $2.4M | — | View 990 |
| 2019 | $12.8M | $12.5M | $14.1M | $2.0M | — | View 990 |
| 2018 | $11.6M | $11.4M | $13.5M | $1.6M | — | View 990 |
| 2017 | $11.8M | $12.0M | $13.0M | $1.4M | — | View 990 |
| 2015 | $12.2M | $11.5M | $13.7M | $1.7M | — | View 990 |
| 2014 | $11.2M | $11.2M | $13.5M | $2.2M | — | View 990 |
| 2013 | $10.5M | $10.5M | $13.2M | $1.9M | — | View 990 |
| 2012 | $9.6M | $9.5M | $13.5M | $2.1M | — | View 990 |
| 2011 | $7.4M | $8.1M | $13.3M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.6M, expenses of $11.7M, and assets of $15.4M (revenue +0.2% year-over-year).
- 2022: Revenue of $11.6M, expenses of $10.6M, and assets of $15.0M (revenue +18.2% year-over-year).
- 2021: Revenue of $9.8M, expenses of $9.3M, and assets of $15.2M (revenue +5.1% year-over-year).
- 2020: Revenue of $9.3M, expenses of $9.2M, and assets of $14.6M (revenue -26.9% year-over-year).
- 2019: Revenue of $12.8M, expenses of $12.5M, and assets of $14.1M (revenue +9.8% year-over-year).
- 2018: Revenue of $11.6M, expenses of $11.4M, and assets of $13.5M (revenue -1.2% year-over-year).
- 2017: Revenue of $11.8M, expenses of $12.0M, and assets of $13.0M (revenue -3.4% year-over-year).
- 2015: Revenue of $12.2M, expenses of $11.5M, and assets of $13.7M (revenue +9.3% year-over-year).
- 2014: Revenue of $11.2M, expenses of $11.2M, and assets of $13.5M (revenue +6.8% year-over-year).
- 2013: Revenue of $10.5M, expenses of $10.5M, and assets of $13.2M (revenue +8.3% year-over-year).
- 2012: Revenue of $9.6M, expenses of $9.5M, and assets of $13.5M (revenue +31.0% year-over-year).
- 2011: Revenue of $7.4M, expenses of $8.1M, and assets of $13.3M.
Data Sources and Methodology
This transparency report for Threefold Educational Foundation & 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.