Cicatelli Associates Inc
Cicatelli Associates Inc. shows strong growth and no officer compensation reported across all filings.
EIN: 133020576 · New York, NY · NTEE: E70Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.6M |
| Total Expenses | $32.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $31 |
| Net Assets | $1.6M |
| Transparency Score | 92/100 |
Is Cicatelli Associates Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cicatelli Associates Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cicatelli Associates Inc
Cicatelli Associates Inc (EIN: 133020576) is a nonprofit organization based in New York, NY, classified under NTEE code E70Z. The organization reported total revenue of $31.6M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cicatelli Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cicatelli Associates Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.6M |
| Total Expenses | $32.6M |
| Surplus / Deficit | $-1,012,398 |
| Total Assets | $17.9M |
| Total Liabilities | $16.3M |
| Net Assets | $1.6M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 91.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: C
In 2023, Cicatelli Associates Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 91.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cicatelli Associates Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +18.0% | +204.4% |
| 2022 | +27.6% | +36.2% | +7.7% |
| 2021 | +20.9% | +19.0% | -12.1% |
| 2020 | +29.2% | +25.0% | +51.9% |
| 2019 | -13.6% | -22.3% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Cicatelli Associates 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cicatelli Associates Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving salaries from the organization, which is highly unusual for an organization of its size with over $31 million in revenue.
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 Cicatelli Associates Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202306), with $32,613,554 in expenses against $31,601,156 in revenue, indicating a deficit for that period.
Strengths
The following positive indicators were identified for Cicatelli Associates Inc:
- Consistent and significant revenue growth, nearly doubling from $15.9M in 2014 to $31.6M in 2023.
- Substantial asset growth, increasing from $3.9M in 2014 to $17.9M in 2023, enhancing long-term capacity.
- 0% officer compensation reported across all 13 filings, demonstrating a strong commitment to directing funds to programs.
- Long history of IRS 990 filings (13 periods), indicating strong transparency and accountability.
Frequently Asked Questions about Cicatelli Associates Inc
Is Cicatelli Associates Inc a legitimate charity?
Cicatelli Associates Inc (EIN: 133020576) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $31.6M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Cicatelli Associates Inc spend its money?
Cicatelli Associates Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Cicatelli Associates Inc tax-deductible?
Cicatelli Associates Inc is registered as a tax-exempt nonprofit (EIN: 133020576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cicatelli Associates Inc CEO make?
Cicatelli Associates Inc's highest-compensated officer earns $31 annually. The organization reported $31.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cicatelli Associates Inc's spending goes to programs?
Cicatelli Associates Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cicatelli Associates Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cicatelli Associates Inc is above average for NTEE category E70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cicatelli Associates Inc located?
Cicatelli Associates Inc is headquartered in New York, New York and files with the IRS under EIN 133020576. It is classified under NTEE code E70Z.
How many years of IRS 990 filings does Cicatelli Associates Inc have?
Cicatelli Associates 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 $31.6M in total revenue.
Is Cicatelli Associates Inc. financially stable?
Yes, despite expenses exceeding revenue in the 202306 period ($32,613,554 vs. $31,601,156), the organization has shown consistent revenue growth and a substantial increase in assets from $3,981,493 in 201406 to $17,921,939 in 202306, indicating overall financial health and capacity.
How does Cicatelli Associates Inc. spend its money?
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent growth in overall expenses alongside revenue suggests a significant portion is directed towards its mission-related activities. The 0% officer compensation implies more resources are available for programs and operations.
What is the trend in Cicatelli Associates Inc.'s revenue?
Cicatelli Associates Inc. has experienced significant revenue growth, increasing from $15,901,845 in 201406 to $31,601,156 in 202306, nearly doubling its revenue over a decade.
Are there any concerns regarding executive compensation?
No, quite the opposite. The organization consistently reports 0% officer compensation across all 13 filings, which is a strong positive indicator of resources being directed away from executive salaries and towards the mission.
Filing History
IRS 990 filing history for Cicatelli Associates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cicatelli Associates Inc's revenue has grown by 73.5%, moving from $18.2M to $31.6M. Total assets increased by 313.1% over the same period, from $4.3M to $17.9M. Total functional expenses rose by 78.4%, from $18.3M to $32.6M. In its most recent filing year (2023), Cicatelli Associates Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $16.3M in liabilities against $17.9M in assets (debt-to-asset ratio: 91.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.6M | $32.6M | $17.9M | $16.3M | — | View 990 |
| 2022 | $27.7M | $27.6M | $5.9M | $3.3M | — | View 990 |
| 2021 | $21.7M | $20.3M | $5.5M | $3.0M | — | View 990 |
| 2020 | $18.0M | $17.1M | $6.2M | $5.2M | — | View 990 |
| 2019 | $13.9M | $13.7M | $4.1M | $4.0M | — | View 990 |
| 2018 | $16.1M | $17.6M | $3.2M | $3.3M | — | View 990 |
| 2017 | $16.4M | $16.1M | $4.7M | $3.5M | — | View 990 |
| 2016 | $16.7M | $16.3M | $5.1M | $4.2M | — | View 990 |
| 2015 | $15.5M | $15.5M | $4.8M | $4.2M | — | View 990 |
| 2014 | $15.9M | $17.1M | $4.0M | $3.5M | — | View 990 |
| 2013 | $21.9M | $21.5M | $5.6M | $3.9M | — | View 990 |
| 2012 | $22.5M | $22.5M | $7.9M | $6.6M | — | View 990 |
| 2011 | $18.2M | $18.3M | $4.3M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.6M, expenses of $32.6M, and assets of $17.9M (revenue +13.9% year-over-year).
- 2022: Revenue of $27.7M, expenses of $27.6M, and assets of $5.9M (revenue +27.6% year-over-year).
- 2021: Revenue of $21.7M, expenses of $20.3M, and assets of $5.5M (revenue +20.9% year-over-year).
- 2020: Revenue of $18.0M, expenses of $17.1M, and assets of $6.2M (revenue +29.2% year-over-year).
- 2019: Revenue of $13.9M, expenses of $13.7M, and assets of $4.1M (revenue -13.6% year-over-year).
- 2018: Revenue of $16.1M, expenses of $17.6M, and assets of $3.2M (revenue -1.9% year-over-year).
- 2017: Revenue of $16.4M, expenses of $16.1M, and assets of $4.7M (revenue -1.3% year-over-year).
- 2016: Revenue of $16.7M, expenses of $16.3M, and assets of $5.1M (revenue +7.2% year-over-year).
- 2015: Revenue of $15.5M, expenses of $15.5M, and assets of $4.8M (revenue -2.3% year-over-year).
- 2014: Revenue of $15.9M, expenses of $17.1M, and assets of $4.0M (revenue -27.5% year-over-year).
- 2013: Revenue of $21.9M, expenses of $21.5M, and assets of $5.6M (revenue -2.7% year-over-year).
- 2012: Revenue of $22.5M, expenses of $22.5M, and assets of $7.9M (revenue +23.7% year-over-year).
- 2011: Revenue of $18.2M, expenses of $18.3M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cicatelli Associates Inc:
Data Sources and Methodology
This transparency report for Cicatelli Associates 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.