Spruce Street School Ps 397 Parent- Teacher Association Inc is a 501(c)(3) organization based in New York, New York, registered in 2010, with $261,867 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$262K
▼ 3.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$264K
Net assets
$435K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Spruce Street School Ps 397 Parent- Teacher Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Spruce Street School Ps 397 Parent- Teacher Association Inc: 20 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Spruce Street School Ps 397 Parent- Teacher Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Spruce Street School Ps 397 Parent- Teacher Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $273K (FY2014) to $262K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$435K
Total liabilities
$0
Net assets
$435K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $261,867▼3.1% | $263,620▼35.7% | $434,654▼0.4% | $434,654▼0.4% | 990 |
| 2022 | $270,380▼9.1% | $410,278▲101% | $436,407▼24.3% | $436,407▼24.3% | 990 |
| 2021 | $297,349▲253% | $204,042▲843% | $576,305▲19.3% | $576,305▲19.3% | 990 |
| 2020 | $84,268▼60.9% | $21,633▼92.3% | $482,998▲14.9% | $482,998▲14.9% | 990 |
| 2019 | $215,570▼49.1% | $280,992▼28.0% | $420,363▼13.5% | $420,363▼13.5% | 990 |
| 2018 | $423,699▼3.4% | $390,229▼1.8% | $485,785▲7.4% | $485,785▲7.4% | 990 |
| 2017 | $438,717▲5.1% | $397,493▲15.6% | $452,315▲10.0% | $452,315▲10.0% | 990 |
| 2016 | $417,593▲6.0% | $343,754▼2.0% | $411,091▲21.9% | $411,292▲20.1% | 990 |
| 2015 | $393,800▲44.1% | $350,663▲34.1% | $337,252▲14.6% | $342,418▲15.3% | 990 |
| 2014 | $273,241 | $261,551 | $294,173 | $296,914 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Spruce Street School Ps 397 Parent- Teacher Association Inc totaling $114K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $12,527 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $18,000 |
| American Online Giving Foundation Inc | General support | 2023 | $12,304 |
| American Online Giving Foundation Inc | General support | 2022 | $9,161 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $8,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $6,383 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,500 |
| Charities Aid Foundation America | Charitable donation | 2021 | $6,643 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $10,050 |
Explore more
Data for Spruce Street School Ps 397 Parent- Teacher Association Inc (EIN 27-0492999) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.