Cidny Independent Living Services Inc
Cidny Independent Living Services Inc shows stable finances with declining revenue and no reported officer compensation.
EIN: 133028816 · Brooklyn, NY · NTEE: S99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $9.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.2M |
| Transparency Score | 65/100 |
Is Cidny Independent Living Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cidny Independent Living Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cidny Independent Living Services Inc
Cidny Independent Living Services Inc (EIN: 133028816) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code S99. The organization reported total revenue of $9.6M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cidny Independent Living Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cidny Independent Living Services Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $9.7M |
| Surplus / Deficit | +$63K |
| Total Assets | $9.8M |
| Total Liabilities | $647K |
| Net Assets | $9.2M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Cidny Independent Living Services Inc reported a surplus of $63K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cidny Independent Living Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.5% | -15.3% | -3.0% |
| 2022 | -3.2% | -7.1% | +2.8% |
| 2021 | -15.9% | -14.8% | +4.7% |
| 2020 | -6.5% | -1.5% | +45.7% |
| 2019 | +1.6% | -0.9% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Cidny Independent Living Services Inc with a Mission Score of 65 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
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cidny Independent Living Services 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, which is highly unusual for an organization with annual revenues nearing $10 million and assets approaching $10 million. This could indicate a volunteer-led executive team or that compensation is reported under other expense categories, impacting 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 Cidny Independent Living Services Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in compensation reporting.
- Significant decline in annual revenue from $19,097,986 in 2014 to $9,722,111 in 2023, indicating a substantial reduction in operational scale.
- NTEE code S99 ('Unknown') provides no specific information about the organization's program area, hindering understanding of its mission and impact.
Strengths
The following positive indicators were identified for Cidny Independent Living Services Inc:
- Consistent filing of IRS Form 990s over 13 periods, indicating good regulatory compliance.
- Stable asset base, growing from $5,637,831 in 2014 to $9,835,383 in 2023, suggesting sound financial management.
- Revenues generally exceed expenses, indicating a financially sustainable operation with surpluses in most years (e.g., $9,722,111 revenue vs. $9,658,855 expenses in 2023).
Frequently Asked Questions about Cidny Independent Living Services Inc
Is Cidny Independent Living Services Inc a legitimate charity?
Cidny Independent Living Services Inc (EIN: 133028816) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.6M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Cidny Independent Living Services Inc spend its money?
Cidny Independent Living Services Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cidny Independent Living Services Inc tax-deductible?
Cidny Independent Living Services Inc is registered as a tax-exempt nonprofit (EIN: 133028816). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cidny Independent Living Services Inc CEO make?
Cidny Independent Living Services Inc's highest-compensated officer earns $10 annually. The organization reported $9.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cidny Independent Living Services Inc's spending goes to programs?
Cidny Independent Living Services Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cidny Independent Living Services Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cidny Independent Living Services Inc is above average for NTEE category S99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cidny Independent Living Services Inc located?
Cidny Independent Living Services Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133028816. It is classified under NTEE code S99.
How many years of IRS 990 filings does Cidny Independent Living Services Inc have?
Cidny Independent Living Services 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 $9.6M in total revenue.
Why has the organization's revenue decreased by approximately 50% from 2014 to 2023?
The filings show a significant decline in revenue from $19,097,986 in 2014 to $9,722,111 in 2023. Understanding the reasons behind this substantial reduction in operational scale is crucial for assessing future sustainability.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation for an organization of this size is highly unusual. It raises questions about whether executive roles are entirely volunteer-based or if compensation is categorized differently, which would affect the transparency of financial reporting.
What is the specific breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to precisely assess the organization's spending efficiency and how much directly supports its mission versus overhead.
What specific services does Cidny Independent Living Services Inc provide given its 'Unknown' NTEE code?
The NTEE code S99 ('Unknown') makes it difficult to understand the organization's specific mission and program activities, which is important for evaluating its impact and alignment with donor intent.
Filing History
IRS 990 filing history for Cidny Independent Living Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cidny Independent Living Services Inc's revenue has declined by 35.4%, moving from $15.0M to $9.7M. Total assets increased by 89.2% over the same period, from $5.2M to $9.8M. Total functional expenses fell by 32.3%, from $14.3M to $9.7M. In its most recent filing year (2023), Cidny Independent Living Services Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $647K in liabilities against $9.8M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $9.7M | $9.8M | $647K | — | View 990 |
| 2022 | $12.1M | $11.4M | $10.1M | $1.0M | — | View 990 |
| 2021 | $12.5M | $12.3M | $9.9M | $3.6M | — | View 990 |
| 2020 | $14.8M | $14.4M | $9.4M | $3.3M | — | View 990 |
| 2019 | $15.9M | $14.6M | $6.5M | $806K | — | View 990 |
| 2018 | $15.6M | $14.8M | $6.1M | $1.4M | — | View 990 |
| 2017 | $15.2M | $14.0M | $4.9M | $1.3M | — | View 990 |
| 2016 | $16.8M | $16.9M | $4.2M | $1.9M | — | View 990 |
| 2015 | $18.7M | $17.2M | $5.9M | $3.2M | — | View 990 |
| 2014 | $19.1M | $18.8M | $5.6M | $4.5M | — | View 990 |
| 2013 | $20.0M | $19.9M | $6.3M | $3.8M | — | View 990 |
| 2012 | $18.1M | $17.7M | $6.4M | $3.0M | — | View 990 |
| 2011 | $15.0M | $14.3M | $5.2M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $9.7M, and assets of $9.8M (revenue -19.5% year-over-year).
- 2022: Revenue of $12.1M, expenses of $11.4M, and assets of $10.1M (revenue -3.2% year-over-year).
- 2021: Revenue of $12.5M, expenses of $12.3M, and assets of $9.9M (revenue -15.9% year-over-year).
- 2020: Revenue of $14.8M, expenses of $14.4M, and assets of $9.4M (revenue -6.5% year-over-year).
- 2019: Revenue of $15.9M, expenses of $14.6M, and assets of $6.5M (revenue +1.6% year-over-year).
- 2018: Revenue of $15.6M, expenses of $14.8M, and assets of $6.1M (revenue +2.5% year-over-year).
- 2017: Revenue of $15.2M, expenses of $14.0M, and assets of $4.9M (revenue -9.5% year-over-year).
- 2016: Revenue of $16.8M, expenses of $16.9M, and assets of $4.2M (revenue -10.3% year-over-year).
- 2015: Revenue of $18.7M, expenses of $17.2M, and assets of $5.9M (revenue -1.9% year-over-year).
- 2014: Revenue of $19.1M, expenses of $18.8M, and assets of $5.6M (revenue -4.7% year-over-year).
- 2013: Revenue of $20.0M, expenses of $19.9M, and assets of $6.3M (revenue +11.0% year-over-year).
- 2012: Revenue of $18.1M, expenses of $17.7M, and assets of $6.4M (revenue +20.0% year-over-year).
- 2011: Revenue of $15.0M, expenses of $14.3M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cidny Independent Living Services Inc:
Data Sources and Methodology
This transparency report for Cidny Independent Living Services 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.