Banana Kelly Community Improvement Association Inc

Banana Kelly Community Improvement Association Inc shows consistent revenue growth and zero reported officer compensation, with a notable deficit in 2021.

EIN: 132934000 · Bronx, NY · NTEE: S200 · Updated: 2026-03-28

$3.3MRevenue
$3.0MAssets
85/100Mission Score (Excellent)
S200

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Banana Kelly Community Improvement Association Inc Financial Summary
MetricValue
Total Revenue$3.3M
Total Expenses$3.3M
Program Spending90%
Net Assets$2.6M
Transparency Score85/100

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Banana Kelly Community Improvement Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Banana Kelly Community Improvement Association Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Banana Kelly Community Improvement Association Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $3.4M and expenses of $3.3M.

Revenue and Expenses

Banana Kelly Community Improvement Association Inc reported $3.4M in revenue and $3.3M in expenses, a surplus of $94K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Banana Kelly Community Improvement Association Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Banana Kelly Community Improvement Association Inc Expense Deployment
Program services$3.0M (90%)

Across stored filings, Banana Kelly Community Improvement Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Banana Kelly Community Improvement Association Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Community Improvement context

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Banana Kelly Community Improvement Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Banana Kelly Community Improvement Association Inc

Banana Kelly Community Improvement Association Inc (EIN: 132934000) is a nonprofit organization based in Bronx, NY, classified under NTEE code S200. The organization reported total revenue of $3.3M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Banana Kelly Community Improvement Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

46Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Banana Kelly Community Improvement Association Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.4M
Total Expenses$3.3M
Surplus / Deficit+$94K
Total Assets$3.5M
Total Liabilities$893K
Net Assets$2.6M
Operating Margin2.7%
Debt-to-Asset Ratio25.8%
Months of Reserves12.5 months

Financial Health Grade: A

In 2023, Banana Kelly Community Improvement Association Inc reported a surplus of $94K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.8% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Banana Kelly Community Improvement Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+9.2%+0.5%+12.1%
2022+15.9%-22.6%-7.8%
2021+6.4%+56.0%-35.0%
2020-20.3%+7.6%+5.7%
2019+21.5%+8.1%+25.9%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1980

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

AI Transparency Report

Banana Kelly Community Improvement Association Inc demonstrates a generally stable financial position, with revenues consistently exceeding or closely matching expenses in most recent years. For instance, in 2023, revenue was $3,421,054 against expenses of $3,327,186, indicating a slight surplus. However, there was a significant deficit in 2021, with expenses of $4,275,037 far exceeding revenue of $2,703,318, which warrants further investigation into the cause and how it was managed. The organization's assets have shown growth over the decade, from $1,942,489 in 2014 to $3,459,764 in 2023, suggesting a healthy accumulation of resources. Liabilities have also increased but remain manageable relative to assets. The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for resource allocation directly to mission-related activities. The absence of reported officer compensation also contributes positively to transparency, as it clearly indicates that a significant portion of funds is not being diverted to high executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is limited. Transparency is generally good, with consistent annual filings available. The consistent reporting of zero officer compensation is a notable positive. To further enhance transparency, the organization could provide more detailed breakdowns of its functional expenses, allowing stakeholders to better understand the allocation of funds across programs, administration, and fundraising. This would provide a clearer picture of how efficiently the organization is utilizing its resources to achieve its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Banana Kelly Community Improvement Association 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Banana Kelly Community Improvement Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:

$3.4MTotal Revenue
$3.3MTotal Expenses
$3.5MTotal Assets
$893KTotal Liabilities
$2.6MNet Assets
  • The organization reported a surplus of $94K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 25.8%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for resource allocation to programs.

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 Banana Kelly Community Improvement Association Inc's IRS 990 filings:

  • Significant deficit in 2021 ($1,571,719 difference between expenses and revenue) warrants further investigation.
  • Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data limits full spending efficiency analysis.

Strengths

The following positive indicators were identified for Banana Kelly Community Improvement Association Inc:

  • Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission.
  • Generally stable financial performance with revenues often exceeding expenses in recent years (e.g., 2023 revenue $3,421,054 vs. expenses $3,327,186).
  • Healthy growth in assets over the decade, from $1,942,489 in 2014 to $3,459,764 in 2023.
  • Consistent annual IRS 990 filings demonstrate good compliance and transparency.

Frequently Asked Questions about Banana Kelly Community Improvement Association Inc

Is Banana Kelly Community Improvement Association Inc a legitimate charity?

Banana Kelly Community Improvement Association Inc (EIN: 132934000) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Banana Kelly Community Improvement Association Inc spend its money?

Banana Kelly Community Improvement Association Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Banana Kelly Community Improvement Association Inc tax-deductible?

Banana Kelly Community Improvement Association Inc is registered as a tax-exempt nonprofit (EIN: 132934000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Banana Kelly Community Improvement Association Inc's spending goes to programs?

Banana Kelly Community Improvement Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Banana Kelly Community Improvement Association Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Banana Kelly Community Improvement Association Inc is above average for NTEE category S200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Banana Kelly Community Improvement Association Inc located?

Banana Kelly Community Improvement Association Inc is headquartered in Bronx, New York and files with the IRS under EIN 132934000. It is classified under NTEE code S200.

How many years of IRS 990 filings does Banana Kelly Community Improvement Association Inc have?

Banana Kelly Community Improvement Association 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 $3.3M in total revenue.

What caused the significant expense spike and deficit in 2021?

In 2021, expenses were $4,275,037 against revenues of $2,703,318, resulting in a substantial deficit. Understanding the specific projects or operational changes that led to this increase would provide insight into financial management.

How does Banana Kelly Community Improvement Association Inc fund its executive leadership if officer compensation is consistently zero?

The consistent reporting of 0% officer compensation across all filings suggests that executive roles may be volunteer-based or compensated through other means not classified as 'officer compensation' on the 990. Clarification on this structure would be beneficial for full transparency.

What is the organization's strategy for managing liabilities, which have increased from $113,029 in 2014 to $892,885 in 2023?

While assets have grown, liabilities have also seen a significant increase over the decade. Understanding the nature of these liabilities (e.g., program-related debt, operational loans) and the strategy for managing them is important for long-term financial health.

Filing History

IRS 990 filing history for Banana Kelly Community Improvement Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Banana Kelly Community Improvement Association Inc's revenue has grown by 69.3%, moving from $2.0M to $3.4M. Total assets increased by 108.2% over the same period, from $1.7M to $3.5M. Total functional expenses rose by 267.7%, from $905K to $3.3M. In its most recent filing year (2023), Banana Kelly Community Improvement Association Inc reported a surplus of $94K, with revenue exceeding expenses. The organization holds $893K in liabilities against $3.5M in assets (debt-to-asset ratio: 25.8%), resulting in net assets of $2.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.4M $3.3M $3.5M $893K
2022 $3.1M $3.3M $3.1M $1.1M View 990
2021 $2.7M $4.3M $3.3M $1.2M
2020 $2.5M $2.7M $5.1M $1.1M View 990
2019 $3.2M $2.5M $4.9M $1.4M View 990
2018 $2.6M $2.4M $3.9M $1.0M View 990
2017 $2.4M $2.0M $3.4M $804K View 990
2016 $2.0M $1.9M $2.9M $782K View 990
2015 $1.8M $1.7M $2.5M $546K View 990
2014 $1.9M $1.8M $1.9M $113K View 990
2013 $1.4M $1.3M $1.8M $99K View 990
2012 $1.3M $1.2M $1.8M $129K View 990
2011 $2.0M $905K $1.7M $36K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.4M, expenses of $3.3M, and assets of $3.5M (revenue +9.2% year-over-year).
  • 2022: Revenue of $3.1M, expenses of $3.3M, and assets of $3.1M (revenue +15.9% year-over-year).
  • 2021: Revenue of $2.7M, expenses of $4.3M, and assets of $3.3M (revenue +6.4% year-over-year).
  • 2020: Revenue of $2.5M, expenses of $2.7M, and assets of $5.1M (revenue -20.3% year-over-year).
  • 2019: Revenue of $3.2M, expenses of $2.5M, and assets of $4.9M (revenue +21.5% year-over-year).
  • 2018: Revenue of $2.6M, expenses of $2.4M, and assets of $3.9M (revenue +7.9% year-over-year).
  • 2017: Revenue of $2.4M, expenses of $2.0M, and assets of $3.4M (revenue +20.2% year-over-year).
  • 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $2.9M (revenue +10.6% year-over-year).
  • 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $2.5M (revenue -4.9% year-over-year).
  • 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $1.9M (revenue +40.1% year-over-year).
  • 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.8M (revenue +6.2% year-over-year).
  • 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.8M (revenue -36.1% year-over-year).
  • 2011: Revenue of $2.0M, expenses of $905K, and assets of $1.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Banana Kelly Community Improvement Association 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 Banana Kelly Community Improvement Association 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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