Charity Search / SCHOOL FOR ADVANCED RESEARCH
Social Science (V21) 990 on File

SCHOOL FOR ADVANCED RESEARCH

EIN: 85-0125045 · SANTA FE, NM 87504-2188 · United States · FY 2023 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 68/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$2.5M
Total Revenue
$4.8M
Total Expenses
$31.5M
Net Assets
40
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 65.9%
Fundraising Efficiency N/A
Operating Reserve 79.61x
Liability-to-Asset 1.0%
Revenue Diversification 74.5%
Executive Compensation $298K
Compared with Peers
FY 2023
Compared with 163 similar organizations (United States, Social Science, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
65.9% 80.0%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
14.9% 15.1%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
19.2% 1.9%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
79.6 mo 10.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.0% 12.4%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
74.5% 91.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-50.6% 2.1%
P10P90
Expense growth
Year over year expense growth
20.3% 12.8%
P10P90
Surplus margin
Surplus as a share of revenue
-86.8% -2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $2.5M $4.8M $31.5M 65.9% 40
2022 $5.2M $4.0M $31.5M 67.1% 46
2021 $11.0M $3.7M N/A 42
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Organization Details
EIN
85-0125045
State
NM
City
SANTA FE
ZIP
87504-2188
Classification
V21
Category
Social Science
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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