Alliance For Downtown New York Inc
Alliance For Downtown New York Inc shows consistent revenue growth and asset accumulation over the past decade.
EIN: 133791550 · New York, NY · NTEE: S99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.6M |
| Total Expenses | $21.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $20.8M |
| Transparency Score | 85/100 |
Is Alliance For Downtown New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alliance For Downtown New York Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alliance For Downtown New York Inc
Alliance For Downtown New York Inc (EIN: 133791550) is a nonprofit organization based in New York, NY, classified under NTEE code S99Z. The organization reported total revenue of $23.6M and total assets of $25.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance For Downtown New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance For Downtown New York Inc is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $21.7M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $26.5M |
| Total Liabilities | $5.7M |
| Net Assets | $20.8M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Alliance For Downtown New York Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alliance For Downtown New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +1.8% | +20.7% |
| 2022 | +0.8% | +6.4% | +12.3% |
| 2021 | -5.1% | -2.5% | +15.3% |
| 2020 | -1.6% | -1.8% | +23.9% |
| 2019 | +27.6% | +3.5% | +28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Alliance For Downtown New York Inc 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, Alliance For Downtown New York Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% in the 'Officer Comp' field across all available filings, which is unusual for an organization of this size with revenues exceeding $20 million annually. This suggests either that executive salaries are not categorized under 'Officer Comp' in these filings, or that the organization's leadership structure is compensated differently, or that the data provided is incomplete regarding this specific detail.
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 Alliance For Downtown New York Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may indicate a reporting anomaly or a unique compensation structure that warrants further investigation for full transparency.
Strengths
The following positive indicators were identified for Alliance For Downtown New York Inc:
- Consistent revenue generation exceeding expenses, leading to operational surpluses.
- Significant and steady growth in assets over the past decade, from $9.5M to $26.5M.
- Strong financial stability with assets comfortably covering liabilities.
- Positive trend in revenue growth, from $18M in 201406 to over $23M in 202306.
Frequently Asked Questions about Alliance For Downtown New York Inc
Is Alliance For Downtown New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alliance For Downtown New York Inc (EIN: 133791550) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Alliance For Downtown New York Inc spend its money?
Alliance For Downtown New York Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alliance For Downtown New York Inc tax-deductible?
Alliance For Downtown New York Inc is registered as a tax-exempt nonprofit (EIN: 133791550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alliance For Downtown New York Inc CEO make?
Alliance For Downtown New York Inc's highest-compensated officer earns $20 annually. The organization reported $23.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alliance For Downtown New York Inc's spending goes to programs?
Alliance For Downtown New York Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alliance For Downtown New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Alliance For Downtown New York Inc is above average for NTEE category S99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alliance For Downtown New York Inc located?
Alliance For Downtown New York Inc is headquartered in New York, New York and files with the IRS under EIN 133791550. It is classified under NTEE code S99Z.
How many years of IRS 990 filings does Alliance For Downtown New York Inc have?
Alliance For Downtown New York 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 $23.6M in total revenue.
Is Alliance For Downtown New York Inc financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses and showing a steady increase in assets over the past decade, from $9,495,833 in 201406 to $26,517,982 in 202306.
How has the organization's asset base changed over time?
The organization's assets have grown significantly, from $9,495,833 in 201406 to $26,517,982 in 202306, indicating strong financial growth and accumulation of resources.
What is the trend in the organization's liabilities?
Liabilities have generally increased over the past decade, from $947,755 in 201406 to $5,726,582 in 202306. While this is an increase, the organization's assets comfortably cover these liabilities.
Filing History
IRS 990 filing history for Alliance For Downtown New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alliance For Downtown New York Inc's revenue has grown by 47.7%, moving from $16.1M to $23.7M. Total assets increased by 261.1% over the same period, from $7.3M to $26.5M. Total functional expenses rose by 29.8%, from $16.7M to $21.7M. In its most recent filing year (2023), Alliance For Downtown New York Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $5.7M in liabilities against $26.5M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $20.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.7M | $21.7M | $26.5M | $5.7M | — | — |
| 2022 | $22.7M | $21.3M | $22.0M | $2.7M | — | View 990 |
| 2021 | $22.5M | $20.0M | $19.6M | $1.7M | — | View 990 |
| 2020 | $23.7M | $20.5M | $17.0M | $2.2M | — | View 990 |
| 2019 | $24.1M | $20.9M | $13.7M | $1.9M | — | View 990 |
| 2018 | $18.9M | $20.2M | $10.6M | $2.0M | — | View 990 |
| 2017 | $18.8M | $18.9M | $12.1M | $2.1M | — | View 990 |
| 2016 | $20.7M | $19.0M | $11.6M | $1.5M | — | View 990 |
| 2015 | $18.7M | $18.8M | $9.8M | $1.4M | — | View 990 |
| 2014 | $18.0M | $17.5M | $9.5M | $948K | — | View 990 |
| 2013 | $18.9M | $16.8M | $9.0M | $950K | — | View 990 |
| 2012 | $15.6M | $16.0M | $7.0M | $979K | — | View 990 |
| 2011 | $16.1M | $16.7M | $7.3M | $922K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.7M, expenses of $21.7M, and assets of $26.5M (revenue +4.6% year-over-year).
- 2022: Revenue of $22.7M, expenses of $21.3M, and assets of $22.0M (revenue +0.8% year-over-year).
- 2021: Revenue of $22.5M, expenses of $20.0M, and assets of $19.6M (revenue -5.1% year-over-year).
- 2020: Revenue of $23.7M, expenses of $20.5M, and assets of $17.0M (revenue -1.6% year-over-year).
- 2019: Revenue of $24.1M, expenses of $20.9M, and assets of $13.7M (revenue +27.6% year-over-year).
- 2018: Revenue of $18.9M, expenses of $20.2M, and assets of $10.6M (revenue +0.6% year-over-year).
- 2017: Revenue of $18.8M, expenses of $18.9M, and assets of $12.1M (revenue -9.2% year-over-year).
- 2016: Revenue of $20.7M, expenses of $19.0M, and assets of $11.6M (revenue +10.8% year-over-year).
- 2015: Revenue of $18.7M, expenses of $18.8M, and assets of $9.8M (revenue +3.6% year-over-year).
- 2014: Revenue of $18.0M, expenses of $17.5M, and assets of $9.5M (revenue -4.6% year-over-year).
- 2013: Revenue of $18.9M, expenses of $16.8M, and assets of $9.0M (revenue +21.3% year-over-year).
- 2012: Revenue of $15.6M, expenses of $16.0M, and assets of $7.0M (revenue -3.1% year-over-year).
- 2011: Revenue of $16.1M, expenses of $16.7M, and assets of $7.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alliance For Downtown New York Inc:
Data Sources and Methodology
This transparency report for Alliance For Downtown New York 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.