Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl
Auxiliary Service Corp maintains strong financial health with consistent asset growth and no reported officer compensation.
EIN: 111824299 · Farmingdale, NY · NTEE: B43I · Updated: 2026-03-28
Is Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl (EIN: 111824299) is a nonprofit organization based in Farmingdale, NY, classified under NTEE code B43I. The organization reported total revenue of $5.7M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl is a mid-size nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $797K |
| Surplus / Deficit | +$832K |
| Total Assets | $12.8M |
| Total Liabilities | $2.6M |
| Net Assets | $10.2M |
| Operating Margin | 51.1% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 192.6 months |
Financial Health Grade: A
In 2024, Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl reported a surplus of $832K with revenue exceeding expenses, holds 192.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -25.3% | -50.9% | +4.2% |
| 2023 | +20.7% | +96.2% | +10.8% |
| 2022 | +130.7% | -3.2% | +0.8% |
| 2021 | -40.5% | -26.5% | +2.1% |
| 2020 | -24.1% | -3.3% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl 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: 85%
- fundraising: 5%
According to IRS 990 filings, Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $832K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is not drawing salaries from the nonprofit. This is a highly positive indicator for a nonprofit of its size, with assets exceeding $12 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 Service Corp Of The Agricultural & Tech Coll At Frmgdl:
- Consistent asset growth, increasing from $7,972,375 in 2015 to $12,781,661 in 2024.
- Consistently reports 0% officer compensation, indicating strong financial stewardship and transparency.
- Maintains positive net income across most years, with revenue consistently exceeding expenses.
- Healthy financial reserves, with assets significantly exceeding liabilities (e.g., $12,781,661 assets vs. $2,551,484 liabilities in 2024).
Frequently Asked Questions about Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl
Is Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl a legitimate charity?
Based on AI analysis of IRS 990 filings, Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl (EIN: 111824299) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl spend its money?
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl tax-deductible?
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl is registered as a tax-exempt nonprofit (EIN: 111824299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl a good charity?
Based on the provided financial data, the organization appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and notably, reports 0% officer compensation, indicating efficient use of funds and a commitment to its mission without high executive salaries.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Assets have grown from $7,972,375 in 2015 to $12,781,661 in 2024, and it has consistently maintained positive net income, with revenue generally exceeding expenses.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have fluctuated year-to-year, but a consistent trend shows revenue generally exceeding expenses, leading to positive net income. For example, in 2024, revenue was $1,628,118 against expenses of $796,561, demonstrating a healthy surplus.
Filing History
IRS 990 filing history for Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl's revenue has grown by 18.3%, moving from $1.4M to $1.6M. Total assets increased by 124.9% over the same period, from $5.7M to $12.8M. Total functional expenses fell by 19.9%, from $995K to $797K. In its most recent filing year (2024), Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl reported a surplus of $832K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $12.8M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $797K | $12.8M | $2.6M | — | View 990 |
| 2023 | $2.2M | $1.6M | $12.3M | $2.9M | — | — |
| 2022 | $1.8M | $827K | $11.1M | $2.2M | — | View 990 |
| 2021 | $783K | $855K | $11.0M | $3.1M | — | View 990 |
| 2020 | $1.3M | $1.2M | $10.8M | $2.8M | — | View 990 |
| 2019 | $1.7M | $1.2M | $10.4M | $2.6M | — | View 990 |
| 2018 | $1.8M | $1.1M | $10.3M | $3.0M | — | — |
| 2017 | $1.8M | $1.0M | $9.5M | $2.5M | — | View 990 |
| 2016 | $1.4M | $1.0M | $8.7M | $2.4M | — | View 990 |
| 2015 | $1.7M | $987K | $8.0M | $2.1M | — | View 990 |
| 2014 | $1.5M | $990K | $7.1M | $2.0M | — | View 990 |
| 2013 | $1.5M | $919K | $6.5M | $2.0M | — | View 990 |
| 2012 | $1.4M | $995K | $5.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $797K, and assets of $12.8M (revenue -25.3% year-over-year).
- 2023: Revenue of $2.2M, expenses of $1.6M, and assets of $12.3M (revenue +20.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $827K, and assets of $11.1M (revenue +130.7% year-over-year).
- 2021: Revenue of $783K, expenses of $855K, and assets of $11.0M (revenue -40.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $10.8M (revenue -24.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.2M, and assets of $10.4M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.1M, and assets of $10.3M (revenue +2.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.0M, and assets of $9.5M (revenue +22.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.0M, and assets of $8.7M (revenue -16.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $987K, and assets of $8.0M (revenue +12.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $990K, and assets of $7.1M (revenue +6.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $919K, and assets of $6.5M (revenue +5.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $995K, and assets of $5.7M.
Data Sources and Methodology
This transparency report for Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl 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.