Aids Service Center Of Lower Manhattan Inc
Aids Service Center Of Lower Manhattan Inc shows strong revenue growth and asset accumulation with consistent program spending.
EIN: 133562071 · New York, NY · NTEE: G81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.1M |
| Total Expenses | $37.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $14.2M |
| Transparency Score | 88/100 |
Is Aids Service Center Of Lower Manhattan Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aids Service Center Of Lower Manhattan Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aids Service Center Of Lower Manhattan Inc
Aids Service Center Of Lower Manhattan Inc (EIN: 133562071) is a nonprofit organization based in New York, NY, classified under NTEE code G81Z. The organization reported total revenue of $38.1M and total assets of $33.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aids Service Center Of Lower Manhattan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aids Service Center Of Lower Manhattan Inc is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.0M |
| Total Expenses | $37.8M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $33.0M |
| Total Liabilities | $18.8M |
| Net Assets | $14.2M |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 57.0% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Aids Service Center Of Lower Manhattan Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 57.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aids Service Center Of Lower Manhattan Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -1.6% | +119.8% |
| 2022 | -8.7% | -3.4% | -3.0% |
| 2021 | +5.1% | -2.1% | +4.9% |
| 2020 | +16.8% | +15.2% | +58.6% |
| 2019 | +6.2% | +7.1% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Aids Service Center Of Lower Manhattan Inc with a Mission Score of 88 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, Aids Service Center Of Lower Manhattan 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 surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.0%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all filings, which is unusual for an organization of this size ($40 million in revenue). This either indicates that executive compensation is not reported under 'Officer Comp' or that it is exceptionally low, warranting further investigation into their IRS Form 990, Part VII, Section A for a complete understanding.
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 Aids Service Center Of Lower Manhattan Inc's IRS 990 filings:
- Unusual 0% officer compensation reported across all filings, requiring further investigation into full 990 forms for transparency.
- Significant increase in liabilities from $2.9M in 2022 to $18.8M in 2023, which, while accompanied by asset growth, needs clarification.
Strengths
The following positive indicators were identified for Aids Service Center Of Lower Manhattan Inc:
- Strong and consistent revenue growth over the past decade, from $11.2M in 2014 to over $40M in 2023.
- Substantial growth in assets, reaching $33M in 2023, indicating a robust financial foundation.
- Consistent operational efficiency, with expenses generally below revenue, allowing for asset accumulation.
- Likely high program spending ratio, given the healthy operational margins and mission focus.
Frequently Asked Questions about Aids Service Center Of Lower Manhattan Inc
Is Aids Service Center Of Lower Manhattan Inc a legitimate charity?
Aids Service Center Of Lower Manhattan Inc (EIN: 133562071) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $38.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Aids Service Center Of Lower Manhattan Inc spend its money?
Aids Service Center Of Lower Manhattan Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aids Service Center Of Lower Manhattan Inc tax-deductible?
Aids Service Center Of Lower Manhattan Inc is registered as a tax-exempt nonprofit (EIN: 133562071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aids Service Center Of Lower Manhattan Inc CEO make?
Aids Service Center Of Lower Manhattan Inc's highest-compensated officer earns $40 annually. The organization reported $38.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aids Service Center Of Lower Manhattan Inc's spending goes to programs?
Aids Service Center Of Lower Manhattan Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aids Service Center Of Lower Manhattan Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Aids Service Center Of Lower Manhattan Inc is above average for NTEE category G81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aids Service Center Of Lower Manhattan Inc located?
Aids Service Center Of Lower Manhattan Inc is headquartered in New York, New York and files with the IRS under EIN 133562071. It is classified under NTEE code G81Z.
How many years of IRS 990 filings does Aids Service Center Of Lower Manhattan Inc have?
Aids Service Center Of Lower Manhattan 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 $38.1M in total revenue.
Is Aids Service Center Of Lower Manhattan Inc financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $11.2 million in 2014 to over $40 million in 2023, and a substantial increase in assets to $33 million in 2023.
How efficiently does Aids Service Center Of Lower Manhattan Inc use its funds for programs?
The organization appears to be highly efficient, with a significant portion of its expenses directed towards program services, as indicated by its healthy operational margins and consistent spending patterns.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. This suggests that executive compensation might be reported under different expense categories or that the provided data specifically refers to a particular line item. A detailed review of their full IRS Form 990, Part VII, Section A would clarify this.
What caused the significant increase in liabilities in 2023?
Liabilities increased from $2.9 million in 2022 to $18.8 million in 2023. While assets also grew substantially, this significant jump in liabilities warrants further investigation into the organization's financial statements to understand the nature of these obligations, such as new debt, grants received in advance, or other strategic financial decisions.
Filing History
IRS 990 filing history for Aids Service Center Of Lower Manhattan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aids Service Center Of Lower Manhattan Inc's revenue has grown by 343.2%, moving from $9.0M to $40.0M. Total assets increased by 1102.5% over the same period, from $2.7M to $33.0M. Total functional expenses rose by 324.6%, from $8.9M to $37.8M. In its most recent filing year (2023), Aids Service Center Of Lower Manhattan Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $18.8M in liabilities against $33.0M in assets (debt-to-asset ratio: 57.0%), resulting in net assets of $14.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.0M | $37.8M | $33.0M | $18.8M | — | View 990 |
| 2022 | $40.0M | $38.4M | $15.0M | $3.0M | — | View 990 |
| 2021 | $43.8M | $39.8M | $15.5M | $4.9M | — | — |
| 2020 | $41.7M | $40.6M | $14.8M | $8.1M | — | View 990 |
| 2019 | $35.7M | $35.2M | $9.3M | $3.7M | — | View 990 |
| 2018 | $33.6M | $32.9M | $9.6M | $4.5M | — | View 990 |
| 2017 | $25.7M | $24.6M | $8.9M | $4.5M | — | View 990 |
| 2016 | $18.3M | $18.4M | $6.7M | $3.3M | — | View 990 |
| 2015 | $14.9M | $14.8M | $6.3M | $2.8M | — | View 990 |
| 2014 | $11.2M | $10.6M | $4.5M | $1.2M | — | View 990 |
| 2013 | $10.3M | $9.1M | $3.4M | $599K | — | View 990 |
| 2012 | $9.5M | $9.4M | $2.8M | $1.3M | — | View 990 |
| 2011 | $9.0M | $8.9M | $2.7M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.0M, expenses of $37.8M, and assets of $33.0M (revenue +0.0% year-over-year).
- 2022: Revenue of $40.0M, expenses of $38.4M, and assets of $15.0M (revenue -8.7% year-over-year).
- 2021: Revenue of $43.8M, expenses of $39.8M, and assets of $15.5M (revenue +5.1% year-over-year).
- 2020: Revenue of $41.7M, expenses of $40.6M, and assets of $14.8M (revenue +16.8% year-over-year).
- 2019: Revenue of $35.7M, expenses of $35.2M, and assets of $9.3M (revenue +6.2% year-over-year).
- 2018: Revenue of $33.6M, expenses of $32.9M, and assets of $9.6M (revenue +30.9% year-over-year).
- 2017: Revenue of $25.7M, expenses of $24.6M, and assets of $8.9M (revenue +40.6% year-over-year).
- 2016: Revenue of $18.3M, expenses of $18.4M, and assets of $6.7M (revenue +22.4% year-over-year).
- 2015: Revenue of $14.9M, expenses of $14.8M, and assets of $6.3M (revenue +33.2% year-over-year).
- 2014: Revenue of $11.2M, expenses of $10.6M, and assets of $4.5M (revenue +8.4% year-over-year).
- 2013: Revenue of $10.3M, expenses of $9.1M, and assets of $3.4M (revenue +9.2% year-over-year).
- 2012: Revenue of $9.5M, expenses of $9.4M, and assets of $2.8M (revenue +4.8% year-over-year).
- 2011: Revenue of $9.0M, expenses of $8.9M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aids Service Center Of Lower Manhattan Inc:
Data Sources and Methodology
This transparency report for Aids Service Center Of Lower Manhattan 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.