Center For Employment Opportunities Inc
Center For Employment Opportunities Inc shows robust financial growth and strong program spending efficiency.
EIN: 133843322 · New York, NY · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $134.0M |
| Total Expenses | $100.4M |
| Program Spending | 85% |
| Net Assets | $30.8M |
| Transparency Score | 90/100 |
Is Center For Employment Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Employment Opportunities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Employment Opportunities Inc
Center For Employment Opportunities Inc (EIN: 133843322) is a nonprofit organization based in New York, NY, classified under NTEE code J20. The organization reported total revenue of $134.0M and total assets of $82.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Employment Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Employment Opportunities Inc is a major nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101.9M |
| Total Expenses | $100.4M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $53.1M |
| Total Liabilities | $22.3M |
| Net Assets | $30.8M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 41.9% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Center For Employment Opportunities Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 41.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Employment Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | +20.0% | +26.9% |
| 2022 | -3.0% | -13.3% | +11.0% |
| 2021 | +4.4% | +28.1% | -7.5% |
| 2020 | +47.5% | +41.0% | +43.6% |
| 2019 | +17.0% | +36.1% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Center For Employment Opportunities 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: 85%
- fundraising: 5%
According to IRS 990 filings, Center For Employment Opportunities Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size and revenue. This suggests either that executive compensation is not reported in this section, is paid by a related entity, or that the organization operates with an entirely volunteer executive leadership, which would be exceptional.
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 Center For Employment Opportunities Inc's IRS 990 filings:
- Unusual 0% officer compensation reported across all filings, requiring further clarification on executive remuneration practices.
Strengths
The following positive indicators were identified for Center For Employment Opportunities Inc:
- Consistent and significant revenue growth over the past decade, from $21.5M in 2014 to over $100M in 2023.
- High program spending ratio (85% in 202306), indicating efficient use of funds for its mission.
- Strong asset growth, from $7.6M in 2014 to $53.1M in 2023, demonstrating robust financial health.
- Positive net asset trend, with assets consistently exceeding liabilities.
- Efficient operations, with expenses generally well-managed relative to revenue, leading to healthy surpluses in most years.
Frequently Asked Questions about Center For Employment Opportunities Inc
Is Center For Employment Opportunities Inc a legitimate charity?
Center For Employment Opportunities Inc (EIN: 133843322) 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: $134.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Center For Employment Opportunities Inc spend its money?
Center For Employment Opportunities Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Center For Employment Opportunities Inc tax-deductible?
Center For Employment Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 133843322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Employment Opportunities Inc's spending goes to programs?
Center For Employment Opportunities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Employment Opportunities Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Center For Employment Opportunities Inc is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Employment Opportunities Inc located?
Center For Employment Opportunities Inc is headquartered in New York, New York and files with the IRS under EIN 133843322. It is classified under NTEE code J20.
How many years of IRS 990 filings does Center For Employment Opportunities Inc have?
Center For Employment Opportunities 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 $134.0M in total revenue.
Is Center For Employment Opportunities Inc a good charity?
Based on its strong financial health, consistent revenue growth, and high program spending ratio (85% in 202306), Center For Employment Opportunities Inc appears to be a very effective and well-managed charity. The significant growth in assets and revenue over the past decade further supports its capacity to deliver on its mission.
How has the organization's revenue grown over time?
The organization has experienced substantial revenue growth, increasing from $21,542,700 in 2014 to $101,892,940 in 2023, and reporting latest revenue of $134,000,017. This represents a more than six-fold increase in annual revenue over a decade.
What is the organization's financial stability?
Center For Employment Opportunities Inc demonstrates strong financial stability. Its assets have grown significantly from $7,640,433 in 2014 to $53,113,212 in 2023, with liabilities remaining manageable relative to assets. This indicates a healthy balance sheet and capacity for long-term operations.
Filing History
IRS 990 filing history for Center For Employment Opportunities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Employment Opportunities Inc's revenue has grown by 448.1%, moving from $18.6M to $101.9M. Total assets increased by 714.7% over the same period, from $6.5M to $53.1M. Total functional expenses rose by 447.1%, from $18.3M to $100.4M. In its most recent filing year (2023), Center For Employment Opportunities Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $22.3M in liabilities against $53.1M in assets (debt-to-asset ratio: 41.9%), resulting in net assets of $30.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101.9M | $100.4M | $53.1M | $22.3M | — | View 990 |
| 2022 | $87.8M | $83.6M | $41.9M | $12.6M | — | View 990 |
| 2021 | $90.5M | $96.4M | $37.7M | $12.6M | — | View 990 |
| 2020 | $86.7M | $75.3M | $40.8M | $5.8M | — | View 990 |
| 2019 | $58.7M | $53.4M | $28.4M | $4.9M | — | View 990 |
| 2018 | $50.2M | $39.2M | $25.4M | $7.3M | — | View 990 |
| 2017 | $32.2M | $32.2M | $11.1M | $4.0M | — | View 990 |
| 2016 | $32.7M | $28.5M | $11.9M | $4.8M | — | View 990 |
| 2015 | $25.0M | $25.6M | $10.3M | $7.4M | — | View 990 |
| 2014 | $21.5M | $21.5M | $7.6M | $4.1M | — | View 990 |
| 2013 | $19.4M | $17.9M | $7.6M | $4.1M | — | View 990 |
| 2012 | $18.1M | $18.2M | $7.7M | $5.7M | — | View 990 |
| 2011 | $18.6M | $18.3M | $6.5M | $4.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101.9M, expenses of $100.4M, and assets of $53.1M (revenue +16.1% year-over-year).
- 2022: Revenue of $87.8M, expenses of $83.6M, and assets of $41.9M (revenue -3.0% year-over-year).
- 2021: Revenue of $90.5M, expenses of $96.4M, and assets of $37.7M (revenue +4.4% year-over-year).
- 2020: Revenue of $86.7M, expenses of $75.3M, and assets of $40.8M (revenue +47.5% year-over-year).
- 2019: Revenue of $58.7M, expenses of $53.4M, and assets of $28.4M (revenue +17.0% year-over-year).
- 2018: Revenue of $50.2M, expenses of $39.2M, and assets of $25.4M (revenue +56.0% year-over-year).
- 2017: Revenue of $32.2M, expenses of $32.2M, and assets of $11.1M (revenue -1.6% year-over-year).
- 2016: Revenue of $32.7M, expenses of $28.5M, and assets of $11.9M (revenue +31.1% year-over-year).
- 2015: Revenue of $25.0M, expenses of $25.6M, and assets of $10.3M (revenue +15.8% year-over-year).
- 2014: Revenue of $21.5M, expenses of $21.5M, and assets of $7.6M (revenue +11.2% year-over-year).
- 2013: Revenue of $19.4M, expenses of $17.9M, and assets of $7.6M (revenue +7.0% year-over-year).
- 2012: Revenue of $18.1M, expenses of $18.2M, and assets of $7.7M (revenue -2.6% year-over-year).
- 2011: Revenue of $18.6M, expenses of $18.3M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Employment Opportunities Inc:
Data Sources and Methodology
This transparency report for Center For Employment Opportunities 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.