Voyagers School Inc
Voyagers School Inc. maintains stable finances with no reported officer compensation.
EIN: 202689601 · Lincroft, NJ · NTEE: B20 · Updated: 2026-03-28
Is Voyagers School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voyagers School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voyagers School Inc
Voyagers School Inc (EIN: 202689601) is a nonprofit organization based in Lincroft, NJ, classified under NTEE code B20. The organization reported total revenue of $1.1M and total assets of $435K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voyagers School Inc'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 Voyagers School Inc with a Mission Score of 88 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, Voyagers School Inc 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 over $1 million in annual revenue. This suggests either a volunteer leadership structure or that compensation is categorized differently, warranting further inquiry for complete transparency.
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 Voyagers School Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual leadership costs or indicate a fully volunteer-run leadership for a million-dollar organization.
Strengths
The following positive indicators were identified for Voyagers School Inc:
- Consistent revenue generation, generally covering expenses.
- Significant growth in assets over the past decade, from $7,323 in 2014 to $314,194 in 2023.
- No reported officer compensation, indicating a strong focus on mission-related spending.
- Consistent filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Voyagers School Inc
Is Voyagers School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Voyagers School Inc (EIN: 202689601) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Voyagers School Inc spend its money?
Voyagers School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Voyagers School Inc tax-deductible?
Voyagers School Inc is registered as a tax-exempt nonprofit (EIN: 202689601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Voyagers School Inc. a good charity?
Based on the available data, Voyagers School Inc. appears to be a well-managed organization with stable finances and a strong commitment to its mission, evidenced by consistent revenue and no reported officer compensation. Its asset growth from $7,323 in 2014 to $314,194 in 2023 also indicates financial health.
How has Voyagers School Inc.'s financial health changed over the last decade?
Voyagers School Inc. has shown consistent financial stability over the last decade. While there are fluctuations in revenue and expenses, the organization has generally maintained a balanced budget. Assets have significantly increased from $7,323 in 2014 to $314,194 in 2023, indicating improved financial health and capacity.
What is the trend in Voyagers School Inc.'s liabilities?
Liabilities have fluctuated over the decade, peaking at $491,422 in 2020 and decreasing to $232,491 in 2023. While there was a period of higher liabilities, the recent trend shows a reduction, which is a positive sign for financial management.
Filing History
IRS 990 filing history for Voyagers School Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Voyagers School Inc's revenue has grown by 44%, moving from $706K to $1.0M. Total assets increased by 4190.5% over the same period, from $7K to $314K. Total functional expenses rose by 56.3%, from $671K to $1.0M. In its most recent filing year (2023), Voyagers School Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $232K in liabilities against $314K in assets (debt-to-asset ratio: 74.0%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $314K | $232K | — | — |
| 2022 | $859K | $958K | $370K | $257K | — | — |
| 2021 | $1.4M | $1.1M | $510K | $299K | — | View 990 |
| 2020 | $1.1M | $1.1M | $394K | $491K | — | — |
| 2019 | $1.3M | $1.2M | $61K | $227K | — | View 990 |
| 2018 | $1.2M | $1.1M | $67K | $265K | — | View 990 |
| 2017 | $957K | $959K | $81K | $319K | — | View 990 |
| 2016 | $778K | $803K | $78K | $314K | — | View 990 |
| 2015 | $850K | $796K | $74K | $285K | — | View 990 |
| 2014 | $706K | $671K | $7K | $272K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $314K (revenue +18.4% year-over-year).
- 2022: Revenue of $859K, expenses of $958K, and assets of $370K (revenue -38.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $510K (revenue +22.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $394K (revenue -10.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $61K (revenue +10.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $67K (revenue +20.5% year-over-year).
- 2017: Revenue of $957K, expenses of $959K, and assets of $81K (revenue +23.1% year-over-year).
- 2016: Revenue of $778K, expenses of $803K, and assets of $78K (revenue -8.4% year-over-year).
- 2015: Revenue of $850K, expenses of $796K, and assets of $74K (revenue +20.3% year-over-year).
- 2014: Revenue of $706K, expenses of $671K, and assets of $7K.
Data Sources and Methodology
This transparency report for Voyagers 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.