Centerlight Healthcare Diagnostic And Treament Center

Centerlight Healthcare Diagnostic And Treatment Center consistently operates at near break-even with growing assets but reports no officer compensation.

EIN: 133631727 · Flushing, NY · NTEE: E31Z · Updated: 2026-03-28

$22.6MRevenue
$1.9MAssets
75/100Mission Score (Good)
E31Z

About Centerlight Healthcare Diagnostic And Treament Center

Centerlight Healthcare Diagnostic And Treament Center (EIN: 133631727) is a nonprofit organization based in Flushing, NY, classified under NTEE code E31Z. The organization reported total revenue of $22.6M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centerlight Healthcare Diagnostic And Treament Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Centerlight Healthcare Diagnostic And Treatment Center demonstrates consistent financial stability with revenues closely matching expenses across all reported periods, indicating a balanced operational budget. For instance, in 2023, revenue was $18,743,734 against expenses of $18,743,667, showing a very tight margin. The organization's assets have shown significant growth, from $36,003 in 2014 to $1,747,511 in 2023, suggesting increasing financial capacity over time. However, the lack of reported officer compensation across all filings raises questions about the completeness of compensation disclosures, which could impact transparency assessments. The organization's spending efficiency appears high given the near-zero net income or loss in most years, implying that nearly all revenue is directed towards its operations. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess spending efficiency in these categories. The consistent reporting of zero officer compensation, while potentially indicating a volunteer-led executive team or compensation being covered by a related entity, warrants further investigation for full transparency. The NTEE code E31Z (Diagnostic & Treatment Centers, General) suggests a direct service provision, which typically aligns with high program spending. Overall, the financial health appears stable with growing assets. However, the transparency regarding executive compensation is a notable area for improvement. The consistent revenue and expense matching, while efficient, also means the organization is not building significant reserves from operations, which could be a point of vulnerability in unexpected financial downturns, though growing assets suggest other forms of capital accumulation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Centerlight Healthcare Diagnostic And Treament Center with a Mission Score of 75 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

According to IRS 990 filings, Centerlight Healthcare Diagnostic And Treament Center allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 filings, including the latest period (202312) with $18,743,734 in revenue. This is unusual for an organization of this size and suggests either a fully volunteer executive team or that executive compensation is handled by a related entity and not directly reported on this specific 990.

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 Healthcare Diagnostic And Treament Center's IRS 990 filings:

Strengths

The following positive indicators were identified for Centerlight Healthcare Diagnostic And Treament Center:

Frequently Asked Questions about Centerlight Healthcare Diagnostic And Treament Center

Why is officer compensation consistently reported as 0% across all filings, despite significant revenue?

The consistent reporting of 0% officer compensation for an organization with revenues exceeding $18 million (e.g., $18,743,734 in 2023) is highly unusual. It could indicate that executive leadership is entirely volunteer-based, or that compensation for executives is paid by a parent or related organization and not directly by Centerlight Healthcare Diagnostic And Treatment Center, thus not appearing on its individual 990.

How does the organization manage to operate at near break-even every year?

The organization consistently reports revenues and expenses that are almost identical, such as $18,743,734 in revenue and $18,743,667 in expenses for 2023. This indicates a highly efficient budgeting and spending process where nearly all incoming funds are utilized for operational costs, leaving very little surplus or deficit annually.

What accounts for the significant increase in assets from $36,003 in 2014 to $1,747,511 in 2023?

The substantial growth in assets suggests successful capital accumulation, potentially through grants, donations, or investments, rather than operational surpluses, given the near break-even financial performance. This indicates a strengthening financial foundation over the decade.

Filing History

IRS 990 filing history for Centerlight Healthcare Diagnostic And Treament Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Centerlight Healthcare Diagnostic And Treament Center's revenue has grown by 52.8%, moving from $12.3M to $18.7M. Total assets increased by 4798.4% over the same period, from $36K to $1.7M. Total functional expenses rose by 52.8%, from $12.3M to $18.7M. In its most recent filing year (2023), Centerlight Healthcare Diagnostic And Treament Center reported a surplus of $67, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $1.7M in assets (debt-to-asset ratio: 98.1%), resulting in net assets of $34K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $18.7M $18.7M $1.7M $1.7M
2022 $18.8M $18.8M $1.7M $1.7M View 990
2021 $16.2M $16.2M $1.2M $1.2M View 990
2020 $18.2M $18.2M $166K $132K View 990
2019 $18.2M $18.2M $172K $138K View 990
2018 $12.8M $12.8M $137K $103K View 990
2017 $11.7M $11.7M $134K $100K View 990
2016 $11.0M $11.0M $296K $262K View 990
2015 $10.2M $10.2M $36K $2K View 990
2014 $12.1M $12.1M $36K $2K View 990
2013 $13.1M $13.1M $36K $2K View 990
2012 $12.3M $12.3M $36K $2K View 990
2011 $12.3M $12.3M $36K $2K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Centerlight Healthcare Diagnostic And Treament Center 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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