Center For Independence Of The Disabled In New York Inc
Center For Independence Of The Disabled In New York Inc shows strong financial growth and zero reported officer compensation over a decade.
EIN: 132984549 · New York, NY · NTEE: P800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $8.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $4.5M |
| Transparency Score | 92/100 |
Is Center For Independence Of The Disabled In 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 →
Center For Independence Of The Disabled In New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Independence Of The Disabled In New York Inc
Center For Independence Of The Disabled In New York Inc (EIN: 132984549) is a nonprofit organization based in New York, NY, classified under NTEE code P800. The organization reported total revenue of $11.1M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Independence Of The Disabled In New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Independence Of The Disabled In New York Inc is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.3M |
| Total Expenses | $8.9M |
| Surplus / Deficit | +$322K |
| Total Assets | $9.6M |
| Total Liabilities | $5.1M |
| Net Assets | $4.5M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 53.4% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Center For Independence Of The Disabled In New York Inc reported a surplus of $322K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 53.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For Independence Of The Disabled In New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +7.8% | +82.5% |
| 2022 | +3.3% | +4.9% | +3.1% |
| 2021 | +19.2% | +15.5% | +7.5% |
| 2020 | +5.4% | +2.8% | +69.7% |
| 2019 | +0.1% | +1.3% | -14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Independence Of The Disabled In New York Inc with a Mission Score of 92 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 Independence Of The Disabled In New York 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 $322K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings from 2014 to 2023, which is highly unusual for an organization of its size with over $9 million in annual revenue and nearly $10 million in assets. This suggests either a volunteer-led executive team or that executive compensation is reported under different categories, warranting further investigation for complete transparency.
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 Independence Of The Disabled In New York Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive compensation if reported under other categories.
Strengths
The following positive indicators were identified for Center For Independence Of The Disabled In New York Inc:
- Consistent and significant revenue growth, from $2.6 million in 2014 to $9.2 million in 2023, indicating strong financial health and fundraising capabilities.
- Healthy asset base relative to liabilities, with assets of $9,629,579 against liabilities of $5,139,742 in 2023, demonstrating financial stability.
- Expenses closely track revenue, suggesting efficient use of funds and a focus on programmatic spending.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent compliance.
Frequently Asked Questions about Center For Independence Of The Disabled In New York Inc
Is Center For Independence Of The Disabled In New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Independence Of The Disabled In New York Inc (EIN: 132984549) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Center For Independence Of The Disabled In New York Inc spend its money?
Center For Independence Of The Disabled In New York Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Independence Of The Disabled In New York Inc tax-deductible?
Center For Independence Of The Disabled In New York Inc is registered as a tax-exempt nonprofit (EIN: 132984549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Center For Independence Of The Disabled In New York Inc CEO make?
Center For Independence Of The Disabled In New York Inc's highest-compensated officer earns $9 annually. The organization reported $11.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Center For Independence Of The Disabled In New York Inc's spending goes to programs?
Center For Independence Of The Disabled In New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Independence Of The Disabled In New York Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Center For Independence Of The Disabled In New York Inc is above average for NTEE category P800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Independence Of The Disabled In New York Inc located?
Center For Independence Of The Disabled In New York Inc is headquartered in New York, New York and files with the IRS under EIN 132984549. It is classified under NTEE code P800.
How many years of IRS 990 filings does Center For Independence Of The Disabled In New York Inc have?
Center For Independence Of The Disabled In 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 $11.1M in total revenue.
How does CIDNY manage to report 0% officer compensation despite its significant size and revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with over $9 million in annual revenue. This could indicate that executive roles are filled by volunteers, or that compensation for key management is categorized differently within the IRS 990, such as under 'salaries and wages' for non-officer employees, which would require deeper analysis of the full 990 form to clarify.
What is the organization's primary source of revenue, given its consistent growth?
While the provided data shows consistent revenue growth from $2.6 million in 2014 to $9.2 million in 2023, the specific sources (e.g., government grants, individual donations, program service fees) are not detailed in this summary. Further examination of the full IRS 990 would be necessary to identify the primary revenue streams driving this growth.
Are the liabilities of $5,139,742 in 2023 a concern relative to assets of $9,629,579?
With assets of $9,629,579 and liabilities of $5,139,742 in 2023, the organization maintains a healthy asset-to-liability ratio of approximately 1.87:1. This indicates that CIDNY has sufficient assets to cover its liabilities, suggesting a stable financial position rather than a concern.
Filing History
IRS 990 filing history for Center For Independence Of The Disabled In New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Independence Of The Disabled In New York Inc's revenue has grown by 373.7%, moving from $2.0M to $9.3M. Total assets increased by 470.4% over the same period, from $1.7M to $9.6M. Total functional expenses rose by 330.3%, from $2.1M to $8.9M. In its most recent filing year (2023), Center For Independence Of The Disabled In New York Inc reported a surplus of $322K, with revenue exceeding expenses. The organization holds $5.1M in liabilities against $9.6M in assets (debt-to-asset ratio: 53.4%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.3M | $8.9M | $9.6M | $5.1M | — | View 990 |
| 2022 | $9.0M | $8.3M | $5.3M | $1.1M | — | View 990 |
| 2021 | $8.7M | $7.9M | $5.1M | $1.7M | — | View 990 |
| 2020 | $7.3M | $6.8M | $4.8M | $2.1M | — | View 990 |
| 2019 | $7.0M | $6.7M | $2.8M | $630K | — | View 990 |
| 2018 | $6.9M | $6.6M | $3.3M | $1.4M | — | View 990 |
| 2017 | $4.2M | $4.0M | $2.4M | $904K | — | View 990 |
| 2016 | $3.0M | $3.0M | $1.5M | $259K | — | View 990 |
| 2015 | $2.6M | $2.8M | $1.6M | $318K | — | View 990 |
| 2014 | $2.7M | $2.7M | $1.8M | $330K | — | View 990 |
| 2013 | $2.3M | $2.2M | $1.6M | $136K | — | View 990 |
| 2012 | $2.0M | $2.1M | $1.6M | $201K | — | View 990 |
| 2011 | $2.0M | $2.1M | $1.7M | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.3M, expenses of $8.9M, and assets of $9.6M (revenue +2.7% year-over-year).
- 2022: Revenue of $9.0M, expenses of $8.3M, and assets of $5.3M (revenue +3.3% year-over-year).
- 2021: Revenue of $8.7M, expenses of $7.9M, and assets of $5.1M (revenue +19.2% year-over-year).
- 2020: Revenue of $7.3M, expenses of $6.8M, and assets of $4.8M (revenue +5.4% year-over-year).
- 2019: Revenue of $7.0M, expenses of $6.7M, and assets of $2.8M (revenue +0.1% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.6M, and assets of $3.3M (revenue +66.0% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.0M, and assets of $2.4M (revenue +38.2% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $1.5M (revenue +16.2% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.8M, and assets of $1.6M (revenue -2.1% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $1.8M (revenue +16.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $1.6M (revenue +15.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.1M, and assets of $1.6M (revenue +1.0% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.1M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Independence Of The Disabled In New York Inc:
Data Sources and Methodology
This transparency report for Center For Independence Of The Disabled In 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.