Centerlight Health System Inc

Centerlight Health System Inc. shows inconsistent operating results with declining assets and no reported officer compensation.

EIN: 133323765 · Flushing, NY · NTEE: Z99Z · Updated: 2026-03-28

$4.7MRevenue

$21.5MAssets

45/100Mission Score (Fair)

Z99Z

About Centerlight Health System Inc

Centerlight Health System Inc (EIN: 133323765) is a nonprofit organization based in Flushing, NY, classified under NTEE code Z99Z. The organization reported total revenue of $4.7M and total assets of $21.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centerlight Health System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Centerlight Health System Inc. exhibits a complex financial picture with fluctuating revenues and expenses over the past decade. While the organization consistently reports zero officer compensation, which is a positive indicator for executive cost efficiency, its financial stability appears inconsistent. For instance, in 2023, expenses ($2,566,053) exceeded revenue ($2,196,646), indicating an operating deficit. This trend of expenses sometimes significantly outpacing revenue (e.g., 2017, 2016, 2014) raises questions about long-term sustainability and reliance on asset drawdowns or other funding sources. The organization's assets have also seen a notable decline from a high of $47,309,074 in 2014 to $28,075,118 in 2023, while liabilities have generally increased, suggesting a potential weakening of its balance sheet.

The NTEE code Z99Z (Unknown) is a significant concern for transparency, as it provides no clear indication of the organization's programmatic focus or mission. Without this crucial information, it is challenging to assess spending efficiency relative to its stated goals. The lack of reported officer compensation is a strong point, but the overall financial health is clouded by inconsistent operating results and a declining asset base. Further investigation into the specific activities and program spending would be necessary to fully evaluate its impact and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Centerlight Health System Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Centerlight Health System Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with assets exceeding $20 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.

Red Flags

The following concerns were identified during AI analysis of Centerlight Health System Inc's IRS 990 filings:

NTEE code Z99Z (Unknown) significantly hinders mission assessment and transparency.
Frequent operating deficits where expenses exceed revenue (e.g., 2023, 2017, 2016, 2014).
Significant decline in total assets from $47.3 million in 2014 to $28.1 million in 2023.
Increasing liabilities over time, from $184,053 in 2016 to $16,951,653 in 2023.
Unusually low or zero reported officer compensation for an organization of this size, raising questions about how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Centerlight Health System Inc:

Consistently reports 0% officer compensation, indicating no direct executive salary costs from the organization's funds.
Maintains substantial assets ($28.1 million in 2023) despite financial fluctuations, providing a buffer.

Frequently Asked Questions about Centerlight Health System Inc

What is the specific mission and programmatic focus of Centerlight Health System Inc., given its NTEE code Z99Z?

The NTEE code Z99Z indicates an 'Unknown' or 'Unclassified' organization, which makes it impossible to determine its specific mission or programmatic focus from the provided data. This lack of clarity is a significant transparency issue.

How does Centerlight Health System Inc. sustain operations when expenses frequently exceed revenue, as seen in 2023 ($2.57M expenses vs. $2.20M revenue)?

When expenses exceed revenue, organizations typically cover the deficit by drawing from reserves (assets), incurring debt (liabilities), or receiving significant non-operating income not reflected in the 'revenue' figure. The declining asset base and increasing liabilities suggest a reliance on existing assets or borrowing.

Why have the organization's assets decreased from $47.3 million in 2014 to $28.1 million in 2023?

A decrease in assets over time can be due to operating deficits, significant capital expenditures, or divestment of assets. Given the periods where expenses significantly outpaced revenue, it's likely that assets were used to cover operational shortfalls.

What are the specific categories of expenses for Centerlight Health System Inc.?

The provided data only gives total expenses. Without access to the full IRS 990, a detailed breakdown of program, administrative, and fundraising expenses cannot be determined.

Is the reported 0% officer compensation accurate for an organization of this size and asset base?

While 0% officer compensation is reported, it is highly unusual for an organization with assets over $20 million to have no compensated officers or key employees. This could indicate that compensation is reported under a different category, or that the organization is managed by uncompensated volunteers or through a related entity.

Filing History

IRS 990 filing history for Centerlight Health System Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Centerlight Health System Inc's revenue has declined by 59%, moving from $5.4M to $2.2M. Total assets decreased by 20.7% over the same period, from $35.4M to $28.1M. Total functional expenses rose by 187%, from $894K to $2.6M. In its most recent filing year (2023), Centerlight Health System Inc reported a deficit of $369K, with expenses exceeding revenue. The organization holds $17.0M in liabilities against $28.1M in assets (debt-to-asset ratio: 60.4%), resulting in net assets of $11.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.2M	$2.6M	$28.1M	$17.0M	—	—
2022	$2.1M	$923K	$26.7M	$17.0M	—	View 990
2021	$1.4M	$232K	$26.3M	$11.4M	—	View 990
2020	$1.9M	$1.7M	$25.3M	$10.1M	—	View 990
2019	$1.0M	$738K	$23.4M	$10.8M	—	View 990
2018	$6.8M	$214K	$23.2M	$5.2M	—	View 990
2017	$4.2M	$9.5M	$26.9M	$4.4M	—	View 990
2016	$2.5M	$7.7M	$29.4M	$184K	—	View 990
2015	$3.8M	$2.8M	$34.0M	$107K	—	View 990
2014	$1.3M	$21.1M	$47.3M	$12.5M	—	View 990
2013	$15.3M	$2.8M	$54.8M	$273K	—	View 990
2012	$959K	$983K	$37.7M	$139K	—	View 990
2011	$5.4M	$894K	$35.4M	$686K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.2M, expenses of $2.6M, and assets of $28.1M (revenue +5.7% year-over-year).
2022: Revenue of $2.1M, expenses of $923K, and assets of $26.7M (revenue +46.5% year-over-year).
2021: Revenue of $1.4M, expenses of $232K, and assets of $26.3M (revenue -24.8% year-over-year).
2020: Revenue of $1.9M, expenses of $1.7M, and assets of $25.3M (revenue +83.5% year-over-year).
2019: Revenue of $1.0M, expenses of $738K, and assets of $23.4M (revenue -84.8% year-over-year).
2018: Revenue of $6.8M, expenses of $214K, and assets of $23.2M (revenue +62.2% year-over-year).
2017: Revenue of $4.2M, expenses of $9.5M, and assets of $26.9M (revenue +66.0% year-over-year).
2016: Revenue of $2.5M, expenses of $7.7M, and assets of $29.4M (revenue -33.6% year-over-year).
2015: Revenue of $3.8M, expenses of $2.8M, and assets of $34.0M (revenue +199.0% year-over-year).
2014: Revenue of $1.3M, expenses of $21.1M, and assets of $47.3M (revenue -91.7% year-over-year).
2013: Revenue of $15.3M, expenses of $2.8M, and assets of $54.8M (revenue +1498.2% year-over-year).
2012: Revenue of $959K, expenses of $983K, and assets of $37.7M (revenue -82.1% year-over-year).
2011: Revenue of $5.4M, expenses of $894K, and assets of $35.4M.

Data Sources and Methodology

This transparency report for Centerlight Health System 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.