Adult Resources Center Inc
Adult Resources Center Inc consistently spends near its revenue with no reported officer compensation.
EIN: 111986300 · Brooklyn, NY · NTEE: G20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $14.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $1.3M |
| Transparency Score | 80/100 |
Is Adult Resources Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adult Resources Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adult Resources Center Inc
Adult Resources Center Inc (EIN: 111986300) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code G20. The organization reported total revenue of $14.0M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adult Resources Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adult Resources Center Inc is a large nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.8M |
| Total Expenses | $14.6M |
| Surplus / Deficit | $-827,104 |
| Total Assets | $4.6M |
| Total Liabilities | $3.3M |
| Net Assets | $1.3M |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 71.7% |
| Months of Reserves | 3.7 months |
Financial Health Grade: C
In 2023, Adult Resources Center Inc reported a deficit of $827K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 71.7% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +16.2% | -29.4% |
| 2022 | +17.8% | +17.1% | -2.4% |
| 2021 | +4.9% | +5.3% | -2.6% |
| 2020 | +7.6% | +5.2% | +27.1% |
| 2019 | +5.5% | +13.8% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adult Resources Center Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adult Resources Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $827K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.7%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with over $14 million in annual revenue. This suggests either a fully volunteer executive leadership, or that executive compensation is being reported in a non-standard way, which could impact transparency.
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 Adult Resources Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may indicate a lack of transparency in compensation reporting.
- Expenses exceeded revenue by over $800,000 in the 202306 period, potentially indicating a deficit or reliance on prior reserves.
Strengths
The following positive indicators were identified for Adult Resources Center Inc:
- Consistent revenue growth over the past decade, from $8,097,993 in 201406 to $13,784,560 in 202306.
- Generally operates close to break-even, suggesting efficient use of funds for program delivery rather than excessive accumulation of reserves.
- Relatively stable asset base, indicating consistent financial management despite fluctuations.
Frequently Asked Questions about Adult Resources Center Inc
Is Adult Resources Center Inc a legitimate charity?
Adult Resources Center Inc (EIN: 111986300) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.0M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Adult Resources Center Inc spend its money?
Adult Resources Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Adult Resources Center Inc tax-deductible?
Adult Resources Center Inc is registered as a tax-exempt nonprofit (EIN: 111986300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Adult Resources Center Inc CEO make?
Adult Resources Center Inc's highest-compensated officer earns $14 annually. The organization reported $14.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Adult Resources Center Inc's spending goes to programs?
Adult Resources Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adult Resources Center Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Adult Resources Center Inc is above average for NTEE category G20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adult Resources Center Inc located?
Adult Resources Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 111986300. It is classified under NTEE code G20.
How many years of IRS 990 filings does Adult Resources Center Inc have?
Adult Resources Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.0M in total revenue.
How does Adult Resources Center Inc manage to operate with 0% reported officer compensation given its scale?
The filings consistently show 0% officer compensation. This could mean executive leadership is entirely volunteer, or compensation is categorized differently (e.g., as general salaries), which would require reviewing the full Form 990 for clarification.
What caused the significant increase in expenses over revenue in the 202306 period?
In the 202306 period, expenses ($14,611,664) exceeded revenue ($13,784,560) by $827,104. This could be due to one-time investments, expansion of services, or operational inefficiencies, and would warrant a deeper look into the expense breakdown for that year.
Is the organization's asset base sufficient given its annual revenue?
With assets of $4,561,427 against annual revenue of $13,784,560 in 202306, the organization holds approximately one-third of its annual revenue in assets. This indicates a lean operational model, focusing on spending rather than accumulating large reserves, but also suggests limited financial cushion.
Filing History
IRS 990 filing history for Adult Resources Center Inc showing financial trends over 13 years of public records:
In its most recent filing year (2023), Adult Resources Center Inc reported a deficit of $827K, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $4.6M in assets (debt-to-asset ratio: 71.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.8M | $14.6M | $4.6M | $3.3M | — | — |
| 2022 | $12.7M | $12.6M | $6.5M | $3.8M | — | View 990 |
| 2021 | $10.8M | $10.7M | $6.6M | $4.1M | — | View 990 |
| 2020 | $10.3M | $10.2M | $6.8M | $4.3M | — | View 990 |
| 2019 | $9.5M | $9.7M | $5.4M | $2.9M | — | View 990 |
| 2018 | $9.0M | $8.5M | $5.6M | $2.9M | — | View 990 |
| 2017 | $8.6M | $8.1M | $5.2M | $3.2M | — | View 990 |
| 2016 | $8.1M | $7.8M | $5.3M | $3.8M | — | View 990 |
| 2015 | $8.0M | $7.7M | $5.4M | $4.2M | — | View 990 |
| 2014 | $8.1M | $7.9M | $5.5M | $4.7M | — | View 990 |
| 2013 | $6.8M | $7.3M | $5.4M | $4.2M | — | View 990 |
| 2012 | $7.3M | $7.3M | $3.9M | $2.2M | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.8M, expenses of $14.6M, and assets of $4.6M (revenue +8.7% year-over-year).
- 2022: Revenue of $12.7M, expenses of $12.6M, and assets of $6.5M (revenue +17.8% year-over-year).
- 2021: Revenue of $10.8M, expenses of $10.7M, and assets of $6.6M (revenue +4.9% year-over-year).
- 2020: Revenue of $10.3M, expenses of $10.2M, and assets of $6.8M (revenue +7.6% year-over-year).
- 2019: Revenue of $9.5M, expenses of $9.7M, and assets of $5.4M (revenue +5.5% year-over-year).
- 2018: Revenue of $9.0M, expenses of $8.5M, and assets of $5.6M (revenue +5.3% year-over-year).
- 2017: Revenue of $8.6M, expenses of $8.1M, and assets of $5.2M (revenue +5.4% year-over-year).
- 2016: Revenue of $8.1M, expenses of $7.8M, and assets of $5.3M (revenue +1.6% year-over-year).
- 2015: Revenue of $8.0M, expenses of $7.7M, and assets of $5.4M (revenue -1.2% year-over-year).
- 2014: Revenue of $8.1M, expenses of $7.9M, and assets of $5.5M (revenue +18.2% year-over-year).
- 2013: Revenue of $6.8M, expenses of $7.3M, and assets of $5.4M (revenue -6.0% year-over-year).
- 2012: Revenue of $7.3M, expenses of $7.3M, and assets of $3.9M.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adult Resources Center Inc:
Data Sources and Methodology
This transparency report for Adult Resources Center 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.