Tuxedo Park School
Tuxedo Park School faces declining revenue and assets, operating at a deficit in recent years.
EIN: 141364656 · Tuxedo Park, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $7.8M |
| Program Spending | 75% |
| Net Assets | $9.7M |
| Transparency Score | 65/100 |
Is Tuxedo Park School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tuxedo Park School directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tuxedo Park School
Tuxedo Park School (EIN: 141364656) is a nonprofit organization based in Tuxedo Park, NY. The organization reported total revenue of $7.9M and total assets of $12.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tuxedo Park School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tuxedo Park School is a mid-size nonprofit that has been operating for 83 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $7.8M |
| Surplus / Deficit | $-2,331,401 |
| Total Assets | $12.5M |
| Total Liabilities | $2.8M |
| Net Assets | $9.7M |
| Operating Margin | -42.8% |
| Debt-to-Asset Ratio | 22.6% |
| Months of Reserves | 19.3 months |
Financial Health Grade: B
In 2023, Tuxedo Park School reported a deficit of $2.3M with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 22.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Tuxedo Park School's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | -3.3% | -3.8% |
| 2022 | -36.3% | +10.0% | -15.9% |
| 2021 | +49.9% | -3.8% | +6.6% |
| 2020 | -13.4% | -2.9% | -5.8% |
| 2019 | -10.3% | -3.3% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1943 |
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 Tuxedo Park School with a Mission Score of 65 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Tuxedo Park School allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $2.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either not paid or is reported under other expense categories, which is a positive indicator for transparency regarding direct officer pay.
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 Tuxedo Park School's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $7.78M expenses vs. $5.45M revenue in 2023).
- Significant decline in total assets from $16.04M in 2018 to $12.54M in 2023.
- Substantial drop in revenue from $9.38M in 2021 to $5.45M in 2023.
Strengths
The following positive indicators were identified for Tuxedo Park School:
- Consistent filing of IRS Form 990s over a long period, indicating transparency.
- Reported 0% officer compensation, suggesting either volunteer leadership or compensation reported under other categories, which is a positive for direct executive pay transparency.
- Manageable liability-to-asset ratio (approx. 22.5% in 2023), indicating reasonable financial risk.
Frequently Asked Questions about Tuxedo Park School
Is Tuxedo Park School a legitimate charity?
Tuxedo Park School (EIN: 141364656) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $7.9M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Tuxedo Park School spend its money?
Tuxedo Park School directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tuxedo Park School tax-deductible?
Tuxedo Park School is registered as a tax-exempt nonprofit (EIN: 141364656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tuxedo Park School's spending goes to programs?
Tuxedo Park School directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Tuxedo Park School located?
Tuxedo Park School is headquartered in Tuxedo Park, New York and files with the IRS under EIN 141364656.
How many years of IRS 990 filings does Tuxedo Park School have?
Tuxedo Park School 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 $7.9M in total revenue.
What is the reason for the significant decline in revenue from $9.38 million in 2021 to $5.45 million in 2023?
The filings show a substantial drop in revenue, which could be due to various factors such as decreased enrollment, reduced donations, or changes in funding sources. Further investigation into the school's operational reports would be needed to pinpoint the exact cause.
How does Tuxedo Park School cover its operational deficits, given that expenses have frequently exceeded revenue in recent years?
The school likely covers these deficits by drawing from its asset reserves, as evidenced by the decline in total assets from $16.04 million in 2018 to $12.54 million in 2023. This strategy is not sustainable long-term without a reversal in revenue trends or expense reductions.
What are the specific categories of expenses that constitute the majority of the school's spending?
Without a detailed functional expense breakdown from the 990 filings, it's difficult to determine the exact allocation between program services, administrative costs, and fundraising. This information is crucial for assessing spending efficiency.
Filing History
IRS 990 filing history for Tuxedo Park School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tuxedo Park School's revenue has declined by 27.8%, moving from $7.5M to $5.5M. Total assets decreased by 33.8% over the same period, from $18.9M to $12.5M. Total functional expenses fell by 0.5%, from $7.8M to $7.8M. In its most recent filing year (2023), Tuxedo Park School reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $12.5M in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $7.8M | $12.5M | $2.8M | — | — |
| 2022 | $6.0M | $8.0M | $13.0M | $1.6M | — | View 990 |
| 2021 | $9.4M | $7.3M | $15.5M | $2.2M | — | View 990 |
| 2020 | $6.3M | $7.6M | $14.5M | $3.3M | — | View 990 |
| 2019 | $7.2M | $7.8M | $15.4M | $2.9M | — | View 990 |
| 2018 | $8.1M | $8.1M | $16.0M | $2.9M | — | View 990 |
| 2017 | $8.0M | $7.9M | $15.9M | $3.0M | — | View 990 |
| 2016 | $8.1M | $8.2M | $15.0M | $2.9M | — | View 990 |
| 2015 | $9.0M | $8.9M | $15.5M | $2.9M | — | View 990 |
| 2014 | $8.6M | $8.6M | $15.5M | $2.9M | — | View 990 |
| 2013 | $8.2M | $8.5M | $14.7M | $2.9M | — | View 990 |
| 2012 | $7.5M | $7.8M | $18.9M | $7.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $7.8M, and assets of $12.5M (revenue -8.7% year-over-year).
- 2022: Revenue of $6.0M, expenses of $8.0M, and assets of $13.0M (revenue -36.3% year-over-year).
- 2021: Revenue of $9.4M, expenses of $7.3M, and assets of $15.5M (revenue +49.9% year-over-year).
- 2020: Revenue of $6.3M, expenses of $7.6M, and assets of $14.5M (revenue -13.4% year-over-year).
- 2019: Revenue of $7.2M, expenses of $7.8M, and assets of $15.4M (revenue -10.3% year-over-year).
- 2018: Revenue of $8.1M, expenses of $8.1M, and assets of $16.0M (revenue +0.4% year-over-year).
- 2017: Revenue of $8.0M, expenses of $7.9M, and assets of $15.9M (revenue -1.5% year-over-year).
- 2016: Revenue of $8.1M, expenses of $8.2M, and assets of $15.0M (revenue -9.3% year-over-year).
- 2015: Revenue of $9.0M, expenses of $8.9M, and assets of $15.5M (revenue +4.4% year-over-year).
- 2014: Revenue of $8.6M, expenses of $8.6M, and assets of $15.5M (revenue +5.0% year-over-year).
- 2013: Revenue of $8.2M, expenses of $8.5M, and assets of $14.7M (revenue +8.6% year-over-year).
- 2012: Revenue of $7.5M, expenses of $7.8M, and assets of $18.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tuxedo Park School:
Data Sources and Methodology
This transparency report for Tuxedo Park 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.