American Academy Mcallister Institute Of Funeral Service Inc
American Academy Mcallister Institute experiences significant asset and liability growth while operating at a deficit in the latest fiscal year.
EIN: 132590811 · New York, NY · NTEE: B30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $4.7M |
| Program Spending | 70% |
| Net Assets | $2.8M |
| Transparency Score | 65/100 |
Is American Academy Mcallister Institute Of Funeral Service Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Academy Mcallister Institute Of Funeral Service Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Academy Mcallister Institute Of Funeral Service Inc
American Academy Mcallister Institute Of Funeral Service Inc (EIN: 132590811) is a nonprofit organization based in New York, NY, classified under NTEE code B30Z. The organization reported total revenue of $4.3M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Academy Mcallister Institute Of Funeral Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Academy Mcallister Institute Of Funeral Service Inc is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.7M |
| Surplus / Deficit | $-482,633 |
| Total Assets | $13.9M |
| Total Liabilities | $11.1M |
| Net Assets | $2.8M |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 79.7% |
| Months of Reserves | 35.4 months |
Financial Health Grade: C
In 2023, American Academy Mcallister Institute Of Funeral Service Inc reported a deficit of $483K with expenses exceeding revenue, holds 35.4 months of operating reserves (strong position), has a debt-to-asset ratio of 79.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Academy Mcallister Institute Of Funeral Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.1% | -5.9% | +177.9% |
| 2022 | +4.1% | -3.5% | +16.9% |
| 2021 | +18.9% | -2.2% | +1.5% |
| 2020 | -6.6% | -2.8% | +25.3% |
| 2019 | -0.5% | -4.1% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
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 American Academy Mcallister Institute Of Funeral Service Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Academy Mcallister Institute Of Funeral Service Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $483K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is a strong positive for financial transparency and resource allocation.
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 American Academy Mcallister Institute Of Funeral Service Inc's IRS 990 filings:
- Consistent operational deficits in multiple fiscal years (e.g., 2023, 2020, 2019, 2018, 2017, 2016, 2015, 2014).
- Significant increase in liabilities from $2,452,224 in 2022 to $11,051,472 in 2023, indicating substantial debt accumulation.
- Expenses ($4,706,685) exceeding revenue ($4,224,052) in the latest filing period (202309).
Strengths
The following positive indicators were identified for American Academy Mcallister Institute Of Funeral Service Inc:
- Zero officer compensation reported across all available filings, indicating strong transparency and potentially efficient use of funds at the executive level.
- Substantial asset base of $13,625,369 (latest available) which could support long-term operations if managed effectively.
Frequently Asked Questions about American Academy Mcallister Institute Of Funeral Service Inc
Is American Academy Mcallister Institute Of Funeral Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Academy Mcallister Institute Of Funeral Service Inc (EIN: 132590811) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does American Academy Mcallister Institute Of Funeral Service Inc spend its money?
American Academy Mcallister Institute Of Funeral Service Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Academy Mcallister Institute Of Funeral Service Inc tax-deductible?
American Academy Mcallister Institute Of Funeral Service Inc is registered as a tax-exempt nonprofit (EIN: 132590811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Academy Mcallister Institute Of Funeral Service Inc's spending goes to programs?
American Academy Mcallister Institute Of Funeral Service Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does American Academy Mcallister Institute Of Funeral Service Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), American Academy Mcallister Institute Of Funeral Service Inc is above average for NTEE category B30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Academy Mcallister Institute Of Funeral Service Inc located?
American Academy Mcallister Institute Of Funeral Service Inc is headquartered in New York, New York and files with the IRS under EIN 132590811. It is classified under NTEE code B30Z.
How many years of IRS 990 filings does American Academy Mcallister Institute Of Funeral Service Inc have?
American Academy Mcallister Institute Of Funeral Service 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 $4.3M in total revenue.
What caused the substantial increase in assets and liabilities from 2022 to 2023?
The organization's assets jumped from $4,990,914 in 2022 to $13,868,424 in 2023, while liabilities increased from $2,452,224 to $11,051,472. This significant change suggests a major financial event, such as a property acquisition or capital investment, potentially financed by debt.
How does the organization plan to address its recurring operational deficits?
The organization has frequently reported expenses exceeding revenue, including in 2023 ($4,706,685 expenses vs. $4,224,052 revenue). A strategy for achieving financial sustainability and avoiding consistent deficits would be important to understand.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown beyond total expenses, it's difficult to fully assess the efficiency of spending. Understanding the allocation of the $4,706,685 in expenses for 2023 would provide clarity on program focus.
Filing History
IRS 990 filing history for American Academy Mcallister Institute Of Funeral Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Academy Mcallister Institute Of Funeral Service Inc's revenue has grown by 21.2%, moving from $3.5M to $4.2M. Total assets increased by 152.6% over the same period, from $5.5M to $13.9M. Total functional expenses rose by 24.3%, from $3.8M to $4.7M. In its most recent filing year (2023), American Academy Mcallister Institute Of Funeral Service Inc reported a deficit of $483K, with expenses exceeding revenue. The organization holds $11.1M in liabilities against $13.9M in assets (debt-to-asset ratio: 79.7%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.7M | $13.9M | $11.1M | — | — |
| 2022 | $6.1M | $5.0M | $5.0M | $2.5M | — | View 990 |
| 2021 | $5.9M | $5.2M | $4.3M | $2.5M | — | View 990 |
| 2020 | $4.9M | $5.3M | $4.2M | $4.0M | — | — |
| 2019 | $5.3M | $5.4M | $3.4M | $4.3M | — | View 990 |
| 2018 | $5.3M | $5.7M | $3.6M | $3.8M | — | View 990 |
| 2017 | $5.4M | $5.4M | $4.2M | $4.6M | — | View 990 |
| 2016 | $5.7M | $5.7M | $4.4M | $5.0M | — | View 990 |
| 2015 | $5.0M | $5.7M | $4.2M | $3.9M | — | View 990 |
| 2014 | $4.6M | $5.3M | $5.5M | $3.9M | — | View 990 |
| 2013 | $4.0M | $4.2M | $5.6M | $3.0M | — | View 990 |
| 2012 | $3.7M | $3.8M | $5.4M | $2.1M | — | View 990 |
| 2011 | $3.5M | $3.8M | $5.5M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.7M, and assets of $13.9M (revenue -31.1% year-over-year).
- 2022: Revenue of $6.1M, expenses of $5.0M, and assets of $5.0M (revenue +4.1% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.2M, and assets of $4.3M (revenue +18.9% year-over-year).
- 2020: Revenue of $4.9M, expenses of $5.3M, and assets of $4.2M (revenue -6.6% year-over-year).
- 2019: Revenue of $5.3M, expenses of $5.4M, and assets of $3.4M (revenue -0.5% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.7M, and assets of $3.6M (revenue -0.8% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.4M, and assets of $4.2M (revenue -6.3% year-over-year).
- 2016: Revenue of $5.7M, expenses of $5.7M, and assets of $4.4M (revenue +14.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.7M, and assets of $4.2M (revenue +8.3% year-over-year).
- 2014: Revenue of $4.6M, expenses of $5.3M, and assets of $5.5M (revenue +14.3% year-over-year).
- 2013: Revenue of $4.0M, expenses of $4.2M, and assets of $5.6M (revenue +9.2% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.8M, and assets of $5.4M (revenue +5.9% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.8M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Academy Mcallister Institute Of Funeral Service Inc:
Data Sources and Methodology
This transparency report for American Academy Mcallister Institute Of Funeral Service 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.