32 43 49 Th St Holding Corp

32 43 49 Th St Holding Corp maintains stable finances with no liabilities and zero reported officer compensation.

EIN: 112077483 · Long Is City, NY · Updated: 2026-03-28

$396KRevenue

$736KAssets

85/100Mission Score (Excellent)

About 32 43 49 Th St Holding Corp

32 43 49 Th St Holding Corp (EIN: 112077483) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $396K and total assets of $736K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 32 43 49 Th St Holding Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

32 43 49 Th St Holding Corp demonstrates consistent financial stability with a healthy asset base and no reported liabilities across all available filings. The organization consistently operates with revenues closely matching or slightly exceeding expenses, as seen in 2022 where revenue was $395,529 and expenses were $389,893, resulting in a modest surplus. This indicates careful financial management and a focus on maintaining operational equilibrium rather than aggressive growth or significant accumulation of reserves.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which suggests that leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, contributing to lower overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess spending efficiency in those categories. However, the absence of liabilities and consistent positive net assets suggest responsible financial stewardship.

Transparency is high regarding executive compensation, with zero reported officer compensation. The consistent filing of IRS Form 990s over 13 periods further enhances transparency, providing a clear historical financial record. However, the lack of an NTEE code and detailed expense breakdowns beyond total expenses limits a deeper understanding of its specific programmatic focus and operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 32 43 49 Th St Holding Corp with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, 32 43 49 Th St Holding Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not classified as officer compensation on the Form 990, which is highly unusual for an organization of its size with assets over $700,000.

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 32 43 49 Th St Holding Corp's IRS 990 filings:

Unknown NTEE code, making it difficult to understand its specific charitable purpose.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a precise efficiency analysis.

Strengths

The following positive indicators were identified for 32 43 49 Th St Holding Corp:

Consistent financial stability with positive net assets and no reported liabilities across all filings.
Zero reported officer compensation, suggesting high resource allocation to other areas.
Strong history of IRS 990 filings (13 filings), indicating good transparency and compliance.
Steady growth in assets over the past decade, from $506,215 in 2013 to $736,010 in 2022.

Frequently Asked Questions about 32 43 49 Th St Holding Corp

Is 32 43 49 Th St Holding Corp a good charity?

Based on the available financial data, 32 43 49 Th St Holding Corp appears to be a financially stable organization with no liabilities and a history of responsible financial management. The consistent 0% officer compensation is a significant positive indicator of resource allocation. However, without an NTEE code or detailed program expense breakdown, it's difficult to fully assess its charitable impact.

What is the primary purpose of 32 43 49 Th St Holding Corp?

The primary purpose cannot be definitively determined from the provided financial data alone, as the NTEE code is unknown and detailed program descriptions are not available. The name 'Holding Corp' suggests it might be involved in property management or holding assets for another entity.

How does 32 43 49 Th St Holding Corp manage its expenses?

The organization manages its expenses effectively, consistently keeping them close to or below its revenue. For example, in 2022, expenses were $389,893 against revenues of $395,529. This indicates a disciplined approach to spending and avoiding deficits, as evidenced by its consistent positive net assets and zero liabilities.

What is the trend in revenue and assets for 32 43 49 Th St Holding Corp?

Revenue has shown some fluctuation but generally remained in the range of $400,000-$500,000 over the past decade, with the latest revenue at $395,529. Assets have shown a consistent upward trend, growing from $506,215 in 2013 to $736,010 in 2022, indicating steady financial growth and asset accumulation.

Filing History

IRS 990 filing history for 32 43 49 Th St Holding Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2022), 32 43 49 Th St Holding Corp's revenue has declined by 13.2%, moving from $456K to $396K. Total assets increased by 73.6% over the same period, from $424K to $736K. Total functional expenses fell by 23.6%, from $510K to $390K. In its most recent filing year (2022), 32 43 49 Th St Holding Corp reported a surplus of $6K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$396K	$390K	$736K	$0	—	View 990
2021	$476K	$393K	$730K	$0	—	—
2020	$509K	$569K	$647K	$0	—	—
2019	$497K	$498K	$707K	$0	—	View 990
2018	$527K	$488K	$707K	$0	—	View 990
2017	$440K	$398K	$669K	$0	—	View 990
2016	$469K	$409K	$627K	$0	—	View 990
2015	$486K	$480K	$567K	$0	—	View 990
2014	$426K	$371K	$561K	$0	—	View 990
2013	$450K	$443K	$506K	$0	—	View 990
2012	$443K	$431K	$500K	$6K	—	View 990
2011	$422K	$376K	$491K	$11K	—	View 990
2010	$456K	$510K	$424K	$4K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $396K, expenses of $390K, and assets of $736K (revenue -17.0% year-over-year).
2021: Revenue of $476K, expenses of $393K, and assets of $730K (revenue -6.5% year-over-year).
2020: Revenue of $509K, expenses of $569K, and assets of $647K (revenue +2.6% year-over-year).
2019: Revenue of $497K, expenses of $498K, and assets of $707K (revenue -5.7% year-over-year).
2018: Revenue of $527K, expenses of $488K, and assets of $707K (revenue +19.8% year-over-year).
2017: Revenue of $440K, expenses of $398K, and assets of $669K (revenue -6.3% year-over-year).
2016: Revenue of $469K, expenses of $409K, and assets of $627K (revenue -3.5% year-over-year).
2015: Revenue of $486K, expenses of $480K, and assets of $567K (revenue +14.2% year-over-year).
2014: Revenue of $426K, expenses of $371K, and assets of $561K (revenue -5.3% year-over-year).
2013: Revenue of $450K, expenses of $443K, and assets of $506K (revenue +1.5% year-over-year).
2012: Revenue of $443K, expenses of $431K, and assets of $500K (revenue +5.0% year-over-year).
2011: Revenue of $422K, expenses of $376K, and assets of $491K (revenue -7.4% year-over-year).
2010: Revenue of $456K, expenses of $510K, and assets of $424K.

Data Sources and Methodology

This transparency report for 32 43 49 Th St Holding Corp 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.