Winston Preparatory School
Winston Preparatory School shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 133085860 · New York, NY · NTEE: B28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46.3M |
| Total Expenses | $43.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $44.7 |
| Net Assets | $34.8M |
| Transparency Score | 90/100 |
Is Winston Preparatory School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winston Preparatory School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winston Preparatory School
Winston Preparatory School (EIN: 133085860) is a nonprofit organization based in New York, NY, classified under NTEE code B28Z. The organization reported total revenue of $46.3M and total assets of $101.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winston Preparatory School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winston Preparatory School is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44.7M |
| Total Expenses | $43.5M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $102.0M |
| Total Liabilities | $67.2M |
| Net Assets | $34.8M |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 65.9% |
| Months of Reserves | 28.1 months |
Financial Health Grade: A
In 2023, Winston Preparatory School reported a surplus of $1.2M with revenue exceeding expenses, holds 28.1 months of operating reserves (strong position), has a debt-to-asset ratio of 65.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Winston Preparatory School's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +6.7% | +73.4% |
| 2022 | +11.1% | +11.3% | +3.4% |
| 2021 | -5.7% | +8.9% | +4.8% |
| 2020 | +17.2% | +3.9% | +10.3% |
| 2019 | +10.9% | +20.6% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Winston Preparatory 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, Winston Preparatory 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.9%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which is highly unusual for an organization of this size ($44.7 million in revenue). This suggests that executive compensation may be reported under different expense categories or that the leadership is entirely volunteer-based, which would be a significant strength in terms of resource allocation.
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 Winston Preparatory School's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, requiring further clarification.
Strengths
The following positive indicators were identified for Winston Preparatory School:
- Consistent and significant revenue growth, from $16.4M in 2014 to $44.7M in 2023.
- Strong asset accumulation, more than tripling from $31.8M in 2014 to $101.9M in 2023.
- Consistent operational surplus, indicating sound financial management.
- Healthy asset-to-liability ratio, demonstrating financial stability.
- Regular and extensive IRS 990 filing history, indicating transparency.
Frequently Asked Questions about Winston Preparatory School
Is Winston Preparatory School a legitimate charity?
Winston Preparatory School (EIN: 133085860) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $46.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Winston Preparatory School spend its money?
Winston Preparatory School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Winston Preparatory School tax-deductible?
Winston Preparatory School is registered as a tax-exempt nonprofit (EIN: 133085860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Winston Preparatory School CEO make?
Winston Preparatory School's highest-compensated officer earns $44.7 annually. The organization reported $46.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Winston Preparatory School's spending goes to programs?
Winston Preparatory School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Winston Preparatory School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Winston Preparatory School is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Winston Preparatory School located?
Winston Preparatory School is headquartered in New York, New York and files with the IRS under EIN 133085860. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Winston Preparatory School have?
Winston Preparatory 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 $46.3M in total revenue.
How does Winston Preparatory School manage to report 0% officer compensation given its size?
The consistent reporting of 0% officer compensation across all filings for an organization with over $44 million in revenue is highly unusual. It suggests that executive compensation might be categorized differently within the 990 (e.g., as salaries for key employees not classified as officers, or through a related organization), or that the school's leadership is entirely volunteer-based. Further investigation into the full 990 forms would be needed to clarify this.
What is the primary source of Winston Preparatory School's revenue?
As an educational institution (NTEE B28Z), the primary source of revenue for Winston Preparatory School is likely tuition fees, supplemented by contributions, grants, and investment income. The consistent and significant revenue growth suggests strong enrollment and successful fundraising efforts.
Is the increase in liabilities a concern for Winston Preparatory School?
While liabilities have increased from $16.2 million in 2014 to $67.1 million in 2023, the assets have grown even more substantially, from $31.8 million to $101.9 million over the same period. The asset-to-liability ratio remains healthy (approximately 1.5:1 in 2023), indicating that the organization has sufficient assets to cover its obligations. The increase in liabilities could be due to investments in facilities or other long-term projects, which is common for growing institutions.
Filing History
IRS 990 filing history for Winston Preparatory School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Winston Preparatory School's revenue has grown by 215.9%, moving from $14.1M to $44.7M. Total assets increased by 387.4% over the same period, from $20.9M to $102.0M. Total functional expenses rose by 248.5%, from $12.5M to $43.5M. In its most recent filing year (2023), Winston Preparatory School reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $67.2M in liabilities against $102.0M in assets (debt-to-asset ratio: 65.9%), resulting in net assets of $34.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44.7M | $43.5M | $102.0M | $67.2M | — | — |
| 2022 | $41.4M | $40.8M | $58.8M | $24.9M | — | View 990 |
| 2021 | $37.3M | $36.6M | $56.9M | $23.0M | — | View 990 |
| 2020 | $39.5M | $33.6M | $54.3M | $21.2M | — | View 990 |
| 2019 | $33.7M | $32.4M | $49.2M | $21.8M | — | View 990 |
| 2018 | $30.4M | $26.8M | $47.1M | $20.9M | — | View 990 |
| 2017 | $27.0M | $24.0M | $42.1M | $19.6M | — | View 990 |
| 2016 | $25.1M | $22.7M | $38.6M | $19.6M | — | View 990 |
| 2015 | $21.0M | $19.6M | $34.9M | $17.9M | — | View 990 |
| 2014 | $16.4M | $16.1M | $31.8M | $16.2M | — | View 990 |
| 2013 | $18.1M | $14.5M | $31.8M | $16.4M | — | View 990 |
| 2012 | $15.4M | $13.1M | $28.2M | $16.9M | — | View 990 |
| 2011 | $14.1M | $12.5M | $20.9M | $11.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44.7M, expenses of $43.5M, and assets of $102.0M (revenue +7.9% year-over-year).
- 2022: Revenue of $41.4M, expenses of $40.8M, and assets of $58.8M (revenue +11.1% year-over-year).
- 2021: Revenue of $37.3M, expenses of $36.6M, and assets of $56.9M (revenue -5.7% year-over-year).
- 2020: Revenue of $39.5M, expenses of $33.6M, and assets of $54.3M (revenue +17.2% year-over-year).
- 2019: Revenue of $33.7M, expenses of $32.4M, and assets of $49.2M (revenue +10.9% year-over-year).
- 2018: Revenue of $30.4M, expenses of $26.8M, and assets of $47.1M (revenue +12.6% year-over-year).
- 2017: Revenue of $27.0M, expenses of $24.0M, and assets of $42.1M (revenue +7.5% year-over-year).
- 2016: Revenue of $25.1M, expenses of $22.7M, and assets of $38.6M (revenue +19.8% year-over-year).
- 2015: Revenue of $21.0M, expenses of $19.6M, and assets of $34.9M (revenue +27.9% year-over-year).
- 2014: Revenue of $16.4M, expenses of $16.1M, and assets of $31.8M (revenue -9.3% year-over-year).
- 2013: Revenue of $18.1M, expenses of $14.5M, and assets of $31.8M (revenue +17.3% year-over-year).
- 2012: Revenue of $15.4M, expenses of $13.1M, and assets of $28.2M (revenue +9.0% year-over-year).
- 2011: Revenue of $14.1M, expenses of $12.5M, and assets of $20.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winston Preparatory School:
Data Sources and Methodology
This transparency report for Winston Preparatory 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.