56 Th Street Dining Club Inc
EIN: 475549385 · New York, NY · NTEE: N50
Is 56 Th Street Dining Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 56 Th Street Dining Club Inc
56 Th Street Dining Club Inc (EIN: 475549385) is a nonprofit organization based in New York, NY, classified under NTEE code N50. The organization reported total revenue of $3.4M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 56 Th Street Dining Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for 56 Th Street Dining Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 56 Th Street Dining Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about 56 Th Street Dining Club Inc
Is 56 Th Street Dining Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 56 Th Street Dining Club Inc (EIN: 475549385) insufficient data. 0 red flags identified, 0 strengths noted.
How does 56 Th Street Dining Club Inc spend its money?
Detailed spending breakdown data is not yet available for 56 Th Street Dining Club Inc. Check back for updated IRS 990 analysis.
Are donations to 56 Th Street Dining Club Inc tax-deductible?
56 Th Street Dining Club Inc is registered as a tax-exempt nonprofit (EIN: 475549385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for 56 Th Street Dining Club Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), 56 Th Street Dining Club Inc's revenue has grown by 23.4%, moving from $2.0M to $2.5M. Total assets increased by 112.7% over the same period, from $710K to $1.5M. Total functional expenses rose by 114%, from $1.5M to $3.1M. In its most recent filing year (2023), 56 Th Street Dining Club Inc reported a deficit of $610K, with expenses exceeding revenue. The organization holds $343K in liabilities against $1.5M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $3.1M | $1.5M | $343K | — | — |
| 2022 | $2.6M | $2.9M | $2.0M | $232K | — | View 990 |
| 2021 | $3.1M | $2.3M | $2.3M | $149K | — | View 990 |
| 2020 | $11.0M | $1.6M | $2.1M | $691K | — | — |
| 2019 | $599K | $4.4M | $1.7M | $9.8M | — | — |
| 2018 | $312K | $3.1M | $2.2M | $6.5M | — | View 990 |
| 2017 | $2.4M | $4.5M | $1.3M | $2.9M | — | — |
| 2016 | $2.0M | $1.5M | $710K | $132K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $3.1M, and assets of $1.5M (revenue -1.7% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.9M, and assets of $2.0M (revenue -16.7% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.3M, and assets of $2.3M (revenue -72.1% year-over-year).
- 2020: Revenue of $11.0M, expenses of $1.6M, and assets of $2.1M (revenue +1736.5% year-over-year).
- 2019: Revenue of $599K, expenses of $4.4M, and assets of $1.7M (revenue +92.0% year-over-year).
- 2018: Revenue of $312K, expenses of $3.1M, and assets of $2.2M (revenue -87.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $4.5M, and assets of $1.3M (revenue +18.9% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.5M, and assets of $710K.
Data Sources and Methodology
This transparency report for 56 Th Street Dining Club Inc 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.