B — EducationEIN: 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$7,428,243↑15%$7,492,961↑3%$17,235,229↑5%
2022$6,473,453↓7%$7,270,249↑10%$16,386,369↓13%
2021$6,934,696↑11%$6,588,579↑1%$18,901,394↑12%
2020$6,272,221↓38%$6,537,856↓1%$16,919,342
2019$10,121,709↑40%$6,580,749↑2%$16,898,650↑20%
2018$7,204,365↑17%$6,475,914↑11%$14,040,633↑8%
2017$6,165,854↑9%$5,856,924↑11%$12,995,803↑11%
2016$5,668,266↑2%$5,294,639↓9%$11,660,411
2015$5,538,654↑8%$5,814,718↑10%$11,704,764↓2%
2014$5,120,627↑3%$5,289,227↑3%$11,899,542↑5%
2013$4,980,646↑8%$5,114,414↑13%$11,321,903↑2%
2012$4,591,214↑8%$4,536,477↑5%$11,135,496↓1%
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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