Cerebral Palsy Transport Inc

Cerebral Palsy Transport Inc. faces significant financial challenges with recent multi-million dollar deficits and soaring liabilities.

EIN: 133409801 · New York, NY · NTEE: E60 · Updated: 2026-03-28

$11.1MRevenue
$11.1MGross Revenue
$5.7MAssets
45/100Mission Score (Fair)
E60
Cerebral Palsy Transport Inc Financial Summary
MetricValue
Total Revenue$11.1M
Total Expenses$9.1M
Program Spending70%
CEO/Top Officer Pay$10
Net Assets$-10,641,247
Transparency Score45/100

Is Cerebral Palsy Transport Inc Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Cerebral Palsy Transport Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Cerebral Palsy Transport Inc

Cerebral Palsy Transport Inc (EIN: 133409801) is a nonprofit organization based in New York, NY, classified under NTEE code E60. The organization reported total revenue of $11.1M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cerebral Palsy Transport Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

38Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Cerebral Palsy Transport Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.3M
Total Expenses$9.1M
Surplus / Deficit$-2,847,882
Total Assets$2.3M
Total Liabilities$12.9M
Net Assets$-10,641,247
Operating Margin-45.3%
Debt-to-Asset Ratio572.3%
Months of Reserves3.0 months

Financial Health Grade: C

In 2023, Cerebral Palsy Transport Inc reported a deficit of $2.8M with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 572.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Cerebral Palsy Transport Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+11.8%-3.1%+165.0%
2022-23.9%+27.6%-14.5%
2021-26.6%-26.6%+45.0%
2020-9.1%-9.1%+12.4%
2019+7.5%+7.4%-43.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1988

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Cerebral Palsy Transport Inc. exhibits a concerning financial trend in its most recent filings. For the fiscal periods ending June 2022 and June 2023, the organization reported expenses significantly exceeding revenue, leading to substantial net losses. In 2023, expenses were $9,138,172 against revenue of $6,290,290, and in 2022, expenses were $9,433,884 against revenue of $5,624,793. This has resulted in a dramatic increase in liabilities, reaching $12,894,234 in 2023, far outstripping its assets of $2,252,987. While prior years (2014-2021) showed revenue and expenses largely balancing, the recent deficits raise questions about the sustainability of its operations and its ability to manage its financial obligations. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. However, the lack of reported officer compensation across all available filings, while potentially indicating a volunteer-led executive team, could also obscure details if compensation is being provided through other means or if the organization is not accurately reporting. Further detail on how the significant liabilities are being managed and the plan to return to financial stability would enhance transparency. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits in the last two years suggest inefficiencies or a significant shift in funding models. The substantial increase in liabilities indicates that the organization is operating beyond its means, which is a critical concern for long-term financial health and efficient use of resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cerebral Palsy Transport 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Cerebral Palsy Transport 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:

$6.3MTotal Revenue
$9.1MTotal Expenses
$2.3MTotal Assets
$12.9MTotal Liabilities
$-10,641,247Net Assets
  • The organization reported a deficit of $2.8M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 572.3%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues often exceeding $10 million. This could indicate a fully volunteer executive leadership or that compensation is structured in a way not reported as officer compensation on the 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 Cerebral Palsy Transport Inc's IRS 990 filings:

  • Significant and growing liabilities ($12,894,234 in 2023) far exceeding assets ($2,252,987).
  • Consistent multi-million dollar operational deficits in the last two fiscal years (2022 and 2023).
  • Assets have decreased significantly from $5,711,867 (latest revenue period) to $2,252,987 in 2023, while liabilities surged.
  • Unusual 0% officer compensation reported for an organization with over $10 million in annual revenue in some periods.

Strengths

The following positive indicators were identified for Cerebral Palsy Transport Inc:

  • Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory compliance.
  • Historically maintained high revenue levels, often exceeding $10 million in prior years.

Frequently Asked Questions about Cerebral Palsy Transport Inc

Is Cerebral Palsy Transport Inc a legitimate charity?

Cerebral Palsy Transport Inc (EIN: 133409801) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.1M. 4 red flags identified. 2 strengths noted. Financial health grade: D.

How does Cerebral Palsy Transport Inc spend its money?

Cerebral Palsy Transport Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Cerebral Palsy Transport Inc tax-deductible?

Cerebral Palsy Transport Inc is registered as a tax-exempt nonprofit (EIN: 133409801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Cerebral Palsy Transport Inc CEO make?

Cerebral Palsy Transport Inc's highest-compensated officer earns $10 annually. The organization reported $11.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Cerebral Palsy Transport Inc's spending goes to programs?

Cerebral Palsy Transport Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Cerebral Palsy Transport Inc compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Cerebral Palsy Transport Inc is near average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Cerebral Palsy Transport Inc located?

Cerebral Palsy Transport Inc is headquartered in New York, New York and files with the IRS under EIN 133409801. It is classified under NTEE code E60.

How many years of IRS 990 filings does Cerebral Palsy Transport Inc have?

Cerebral Palsy Transport 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 Cerebral Palsy Transport Inc. plan to address its growing liabilities, which reached $12,894,234 in 2023?

The recent IRS 990 filings show a significant increase in liabilities, far exceeding assets. The organization needs to provide a clear strategy for managing and reducing this debt to ensure long-term financial viability.

What caused the substantial operational deficits in 2022 and 2023, where expenses exceeded revenue by millions?

In 2023, expenses were $9,138,172 against revenue of $6,290,290, and in 2022, expenses were $9,433,884 against revenue of $5,624,793. Understanding the root causes of these deficits is crucial for assessing financial health.

Is the organization's 0% officer compensation accurately reflecting all forms of executive remuneration?

While reporting 0% officer compensation can be a positive sign of volunteer leadership, for an organization of this size, it warrants further inquiry to ensure all forms of executive remuneration are transparently disclosed.

Filing History

IRS 990 filing history for Cerebral Palsy Transport Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cerebral Palsy Transport Inc's revenue has declined by 14.6%, moving from $7.4M to $6.3M. Total assets increased by 79% over the same period, from $1.3M to $2.3M. Total functional expenses rose by 24.1%, from $7.4M to $9.1M. In its most recent filing year (2023), Cerebral Palsy Transport Inc reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $12.9M in liabilities against $2.3M in assets (debt-to-asset ratio: 572.3%), resulting in net assets of $-10,641,247.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.3M $9.1M $2.3M $12.9M
2022 $5.6M $9.4M $850K $8.6M View 990
2021 $7.4M $7.4M $995K $890K View 990
2020 $10.1M $10.1M $686K $581K View 990
2019 $11.1M $11.1M $611K $506K View 990
2018 $10.3M $10.3M $1.1M $973K View 990
2017 $9.4M $9.4M $2.2M $2.1M View 990
2016 $8.2M $8.2M $2.7M $2.6M View 990
2015 $7.1M $7.1M $774K $673K View 990
2014 $7.1M $7.1M $1.1M $1.0M View 990
2013 $7.2M $7.2M $843K $742K View 990
2012 $7.2M $7.2M $955K $854K View 990
2011 $7.4M $7.4M $1.3M $1.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.3M, expenses of $9.1M, and assets of $2.3M (revenue +11.8% year-over-year).
  • 2022: Revenue of $5.6M, expenses of $9.4M, and assets of $850K (revenue -23.9% year-over-year).
  • 2021: Revenue of $7.4M, expenses of $7.4M, and assets of $995K (revenue -26.6% year-over-year).
  • 2020: Revenue of $10.1M, expenses of $10.1M, and assets of $686K (revenue -9.1% year-over-year).
  • 2019: Revenue of $11.1M, expenses of $11.1M, and assets of $611K (revenue +7.5% year-over-year).
  • 2018: Revenue of $10.3M, expenses of $10.3M, and assets of $1.1M (revenue +10.0% year-over-year).
  • 2017: Revenue of $9.4M, expenses of $9.4M, and assets of $2.2M (revenue +14.7% year-over-year).
  • 2016: Revenue of $8.2M, expenses of $8.2M, and assets of $2.7M (revenue +14.9% year-over-year).
  • 2015: Revenue of $7.1M, expenses of $7.1M, and assets of $774K (revenue -0.3% year-over-year).
  • 2014: Revenue of $7.1M, expenses of $7.1M, and assets of $1.1M (revenue -1.4% year-over-year).
  • 2013: Revenue of $7.2M, expenses of $7.2M, and assets of $843K (revenue +0.7% year-over-year).
  • 2012: Revenue of $7.2M, expenses of $7.2M, and assets of $955K (revenue -2.5% year-over-year).
  • 2011: Revenue of $7.4M, expenses of $7.4M, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Cerebral Palsy Transport Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Cerebral Palsy Transport 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.

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