Better Business Bureau Of Metropolitan New York Inc
Better Business Bureau of Metropolitan New York maintains stable finances with consistent revenue and asset growth, but lacks detailed expense transparency.
EIN: 134955550 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $5.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.9M |
| Transparency Score | 65/100 |
Is Better Business Bureau Of Metropolitan 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 →
Better Business Bureau Of Metropolitan New York Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Better Business Bureau Of Metropolitan New York Inc
Better Business Bureau Of Metropolitan New York Inc (EIN: 134955550) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.4M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Better Business Bureau Of Metropolitan New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Better Business Bureau Of Metropolitan New York Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$56K |
| Total Assets | $5.5M |
| Total Liabilities | $3.5M |
| Net Assets | $1.9M |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 64.7% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Better Business Bureau Of Metropolitan New York Inc reported a surplus of $56K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 64.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Better Business Bureau Of Metropolitan New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +7.4% | -5.6% |
| 2022 | -11.9% | -2.3% | +94.9% |
| 2021 | +18.4% | +0.2% | +30.3% |
| 2020 | +7.6% | -0.4% | -31.5% |
| 2019 | +4.0% | +4.7% | +67.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
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 Better Business Bureau Of Metropolitan New York 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, Better Business Bureau Of Metropolitan New York 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 surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.7%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filings, which is highly unusual for an organization with annual revenues exceeding $5 million. This lack of reported compensation raises concerns about the transparency of executive remuneration, as it's improbable that no officers receive any form of compensation.
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 Better Business Bureau Of Metropolitan New York Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising)
- Consistent 0% reported officer compensation, raising transparency concerns
- Significant liabilities in recent years without clear explanation of their nature
Strengths
The following positive indicators were identified for Better Business Bureau Of Metropolitan New York Inc:
- Consistent revenue growth over the past decade, from $3.6M in 2014 to $5.1M in 2023
- Healthy asset base, growing from $2.8M in 2014 to $5.4M in 2023
- Generally positive net income (revenue exceeding expenses) in most recent years, indicating financial stability
Frequently Asked Questions about Better Business Bureau Of Metropolitan New York Inc
Is Better Business Bureau Of Metropolitan New York Inc a legitimate charity?
Better Business Bureau Of Metropolitan New York Inc (EIN: 134955550) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Better Business Bureau Of Metropolitan New York Inc spend its money?
Better Business Bureau Of Metropolitan New York Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Better Business Bureau Of Metropolitan New York Inc tax-deductible?
Better Business Bureau Of Metropolitan New York Inc is registered as a tax-exempt nonprofit (EIN: 134955550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Better Business Bureau Of Metropolitan New York Inc CEO make?
Better Business Bureau Of Metropolitan New York Inc's highest-compensated officer earns $5 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Better Business Bureau Of Metropolitan New York Inc's spending goes to programs?
Better Business Bureau Of Metropolitan New York Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Better Business Bureau Of Metropolitan New York Inc located?
Better Business Bureau Of Metropolitan New York Inc is headquartered in New York, New York and files with the IRS under EIN 134955550.
How many years of IRS 990 filings does Better Business Bureau Of Metropolitan New York Inc have?
Better Business Bureau Of Metropolitan 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 $5.4M in total revenue.
Is Better Business Bureau Of Metropolitan New York Inc a good charity?
Based on the available financial data, the organization appears financially stable with consistent revenue and asset growth. However, the lack of detailed functional expense breakdowns (program, administrative, fundraising) and the reported 0% officer compensation across all filings make it difficult to fully assess its spending efficiency and transparency, which are key indicators of a 'good' charity.
What is the organization's program spending ratio?
The provided data does not include a breakdown of expenses into program, administrative, and fundraising categories, making it impossible to calculate a precise program spending ratio. This lack of detail is a significant transparency concern.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization of this size and revenue. This could indicate that compensation is reported under a different category, or that the provided 'Officer Comp' metric does not capture all forms of executive remuneration. Further investigation into the full IRS 990 forms would be needed to clarify this.
How has the organization's financial health changed over time?
The organization has shown consistent revenue growth over the past decade, from $3,696,920 in 2014 to $5,184,552 in 2023. Assets have also generally increased, from $2,823,401 in 2014 to $5,470,638 in 2023, indicating a trend of financial stability and growth.
What are the organization's liabilities and how do they impact its financial health?
Liabilities have fluctuated but have been significant in recent years, reaching $3,539,729 in 2023. While assets ($5,470,638 in 2023) still comfortably exceed liabilities, the nature of these liabilities and their long-term implications for the organization's financial flexibility would require a deeper dive into the balance sheet details.
Filing History
IRS 990 filing history for Better Business Bureau Of Metropolitan New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Better Business Bureau Of Metropolitan New York Inc's revenue has grown by 55.3%, moving from $3.3M to $5.2M. Total assets increased by 244.1% over the same period, from $1.6M to $5.5M. Total functional expenses rose by 62.6%, from $3.2M to $5.1M. In its most recent filing year (2023), Better Business Bureau Of Metropolitan New York Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $5.5M in assets (debt-to-asset ratio: 64.7%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $5.1M | $5.5M | $3.5M | — | — |
| 2022 | $5.0M | $4.8M | $5.8M | $3.9M | — | View 990 |
| 2021 | $5.7M | $4.9M | $3.0M | $1.3M | — | View 990 |
| 2020 | $4.8M | $4.9M | $2.3M | $1.4M | — | View 990 |
| 2019 | $4.5M | $4.9M | $3.3M | $2.4M | — | — |
| 2018 | $4.3M | $4.7M | $2.0M | $634K | — | View 990 |
| 2017 | $4.1M | $4.3M | $2.4M | $458K | — | View 990 |
| 2016 | $3.9M | $3.8M | $2.6M | $527K | — | View 990 |
| 2015 | $3.9M | $3.8M | $2.6M | $543K | — | View 990 |
| 2014 | $3.7M | $3.6M | $2.8M | $909K | — | View 990 |
| 2013 | $3.4M | $3.2M | $2.0M | $236K | — | View 990 |
| 2012 | $3.3M | $3.0M | $1.9M | $258K | — | View 990 |
| 2011 | $3.3M | $3.2M | $1.6M | $254K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $5.1M, and assets of $5.5M (revenue +3.5% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.8M, and assets of $5.8M (revenue -11.9% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.9M, and assets of $3.0M (revenue +18.4% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.9M, and assets of $2.3M (revenue +7.6% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.9M, and assets of $3.3M (revenue +4.0% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.7M, and assets of $2.0M (revenue +4.0% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.3M, and assets of $2.4M (revenue +6.0% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.8M, and assets of $2.6M (revenue -0.1% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.8M, and assets of $2.6M (revenue +5.4% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.6M, and assets of $2.8M (revenue +9.3% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.2M, and assets of $2.0M (revenue +3.8% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.0M, and assets of $1.9M (revenue -2.3% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Better Business Bureau Of Metropolitan New York Inc:
Data Sources and Methodology
This transparency report for Better Business Bureau Of Metropolitan 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.