BEducationEIN: 237123080· Ruling Year: 1971

Waring School Inc

Beverly, Massachusetts

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.95×
Peer Median20.77×
💰
$7.4M
Total Revenue
📊
$7.5M
Total Expenses
🏦
$14.6M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.7%
Year-over-year change (2022 → 2023)
Net Margin
-0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.95
Net assets divided by total expenses
Liabilities-to-Assets
15.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,428,24315%$7,492,9613%$17,235,2295%
2022$6,473,4537%$7,270,24910%$16,386,36913%
2021$6,934,69611%$6,588,5791%$18,901,39412%
2020$6,272,22138%$6,537,8561%$16,919,342
2019$10,121,70940%$6,580,7492%$16,898,65020%
2018$7,204,36517%$6,475,91411%$14,040,6338%
2017$6,165,8549%$5,856,92411%$12,995,80311%
2016$5,668,2662%$5,294,6399%$11,660,411
2015$5,538,6548%$5,814,71810%$11,704,7642%
2014$5,120,6273%$5,289,2273%$11,899,5425%
2013$4,980,6468%$5,114,41413%$11,321,9032%
2012$4,591,2148%$4,536,4775%$11,135,4961%
2011$4,258,383$4,305,192$11,222,562

Frequently Asked Questions

What does Waring School Inc do?

Waring School Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Waring School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Waring School Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Waring School Inc generate?

Waring School Inc reports $7.6M in annual revenue and holds $17.0M in total assets, based on IRS filings.

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