Auxiliary Enterprise Board Of Ny City College Of Technology Inc

Auxiliary Enterprise Board of NY City College of Technology consistently reports zero officer compensation amidst fluctuating but growing revenues and assets.

EIN: 111805341 · Brooklyn, NY · Updated: 2026-03-28

$2.3MRevenue
$3.3MAssets
90/100Mission Score (Excellent)
Auxiliary Enterprise Board Of Ny City College Of Technology Inc Financial Summary
MetricValue
Total Revenue$2.3M
Total Expenses$2.3M
Program Spending90%
CEO/Top Officer Pay$2
Net Assets$2.6M
Transparency Score90/100

Is Auxiliary Enterprise Board Of Ny City College Of Technology Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Auxiliary Enterprise Board Of Ny City College Of Technology Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Auxiliary Enterprise Board Of Ny City College Of Technology Inc

Auxiliary Enterprise Board Of Ny City College Of Technology Inc (EIN: 111805341) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $2.3M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Auxiliary Enterprise Board Of Ny City College Of Technology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

67Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Auxiliary Enterprise Board Of Ny City College Of Technology Inc is a mid-size nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.6M
Total Expenses$2.3M
Surplus / Deficit+$281K
Total Assets$3.9M
Total Liabilities$1.2M
Net Assets$2.6M
Operating Margin10.8%
Debt-to-Asset Ratio32.3%
Months of Reserves20.0 months

Financial Health Grade: A

In 2023, Auxiliary Enterprise Board Of Ny City College Of Technology Inc reported a surplus of $281K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 32.3% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Auxiliary Enterprise Board Of Ny City College Of Technology Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-13.9%+40.8%+11.4%
2022+203.6%+7.8%+64.4%
2021-52.7%-14.7%-14.3%
2020+2.5%-4.2%+14.4%
2019+3.8%+0.9%+19.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1959

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Auxiliary Enterprise Board Of Ny City College Of Technology Inc demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $1.9 million annually, though with notable fluctuations such as a dip in 2021 to $996,374 and a peak in 2022 at $3,024,768. The organization has shown healthy asset growth, increasing from $1,537,991 in 2014 to $3,865,904 in 2023, indicating good financial management and accumulation of resources. Liabilities have also increased over time, but at a slower pace than assets, maintaining a healthy asset-to-liability ratio. Spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were $2,324,100 against revenues of $2,604,732, suggesting that the organization is spending within its means. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances public trust and suggests a lean operational structure. Overall, the organization exhibits sound financial health and a strong commitment to transparency, particularly concerning executive compensation. The growth in assets and the generally positive net income in most years (e.g., $280,632 in 2023 and $1,373,656 in 2022) suggest effective financial stewardship. While specific program spending details are not provided in the summary data, the absence of officer compensation is a strong positive signal regarding resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Auxiliary Enterprise Board Of Ny City College Of Technology Inc with a Mission Score of 90 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Auxiliary Enterprise Board Of Ny City College Of Technology Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$2.6MTotal Revenue
$2.3MTotal Expenses
$3.9MTotal Assets
$1.2MTotal Liabilities
$2.6MNet Assets
  • The organization reported a surplus of $281K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 32.3%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive indicator of financial efficiency and a strong commitment to mission-focused spending, especially for an organization with annual revenues exceeding $2 million.

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.

Strengths

The following positive indicators were identified for Auxiliary Enterprise Board Of Ny City College Of Technology Inc:

  • Consistent 0% officer compensation, indicating high efficiency and transparency.
  • Strong asset growth, increasing from $1.5 million in 2014 to $3.8 million in 2023.
  • Generally positive net income in most years, demonstrating sound financial management.
  • Healthy asset-to-liability ratio, with assets significantly exceeding liabilities.

Frequently Asked Questions about Auxiliary Enterprise Board Of Ny City College Of Technology Inc

Is Auxiliary Enterprise Board Of Ny City College Of Technology Inc a legitimate charity?

Auxiliary Enterprise Board Of Ny City College Of Technology Inc (EIN: 111805341) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Auxiliary Enterprise Board Of Ny City College Of Technology Inc spend its money?

Auxiliary Enterprise Board Of Ny City College Of Technology Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Auxiliary Enterprise Board Of Ny City College Of Technology Inc tax-deductible?

Auxiliary Enterprise Board Of Ny City College Of Technology Inc is registered as a tax-exempt nonprofit (EIN: 111805341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Auxiliary Enterprise Board Of Ny City College Of Technology Inc CEO make?

Auxiliary Enterprise Board Of Ny City College Of Technology Inc's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Auxiliary Enterprise Board Of Ny City College Of Technology Inc located?

Auxiliary Enterprise Board Of Ny City College Of Technology Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 111805341.

How many years of IRS 990 filings does Auxiliary Enterprise Board Of Ny City College Of Technology Inc have?

Auxiliary Enterprise Board Of Ny City College Of Technology 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 $2.3M in total revenue.

Is Auxiliary Enterprise Board Of Ny City College Of Technology Inc financially stable?

Yes, the organization appears financially stable. Its assets have consistently grown from $1.5 million in 2014 to $3.8 million in 2023, and it has generally maintained positive net income in most years, such as $280,632 in 2023 and $1,373,656 in 2022.

How does this organization manage executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers. This is a strong indicator of efficient resource allocation and transparency.

Has the organization's revenue been consistent?

While there have been fluctuations, such as a dip to $996,374 in 2021 and a peak of $3,024,768 in 2022, the overall trend shows growth, with recent revenues in 2023 at $2,604,732, indicating a generally healthy and growing revenue stream over the long term.

Filing History

IRS 990 filing history for Auxiliary Enterprise Board Of Ny City College Of Technology Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Auxiliary Enterprise Board Of Ny City College Of Technology Inc's revenue has grown by 62.6%, moving from $1.6M to $2.6M. Total assets increased by 113.3% over the same period, from $1.8M to $3.9M. Total functional expenses rose by 32%, from $1.8M to $2.3M. In its most recent filing year (2023), Auxiliary Enterprise Board Of Ny City College Of Technology Inc reported a surplus of $281K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $3.9M in assets (debt-to-asset ratio: 32.3%), resulting in net assets of $2.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.6M $2.3M $3.9M $1.2M View 990
2022 $3.0M $1.7M $3.5M $1.1M View 990
2021 $996K $1.5M $2.1M $1.1M
2020 $2.1M $1.8M $2.5M $1.0M View 990
2019 $2.1M $1.9M $2.2M $1.0M View 990
2018 $2.0M $1.9M $1.8M $810K View 990
2017 $1.8M $1.8M $1.7M $800K View 990
2016 $1.8M $1.7M $1.6M $712K View 990
2015 $1.5M $1.5M $1.5M $758K View 990
2014 $1.5M $1.5M $1.5M $726K View 990
2013 $1.4M $1.4M $1.6M $788K View 990
2012 $1.6M $1.8M $1.6M $776K View 990
2011 $1.6M $1.8M $1.8M $723K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $3.9M (revenue -13.9% year-over-year).
  • 2022: Revenue of $3.0M, expenses of $1.7M, and assets of $3.5M (revenue +203.6% year-over-year).
  • 2021: Revenue of $996K, expenses of $1.5M, and assets of $2.1M (revenue -52.7% year-over-year).
  • 2020: Revenue of $2.1M, expenses of $1.8M, and assets of $2.5M (revenue +2.5% year-over-year).
  • 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $2.2M (revenue +3.8% year-over-year).
  • 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $1.8M (revenue +11.9% year-over-year).
  • 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $1.7M (revenue -0.2% year-over-year).
  • 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $1.6M (revenue +19.2% year-over-year).
  • 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $1.5M (revenue -3.1% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $1.5M (revenue +7.3% year-over-year).
  • 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue -8.7% year-over-year).
  • 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $1.6M (revenue -2.3% year-over-year).
  • 2011: Revenue of $1.6M, expenses of $1.8M, and assets of $1.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Auxiliary Enterprise Board Of Ny City College Of Technology Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Auxiliary Enterprise Board Of Ny City College Of Technology 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.

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