Cny Works Inc
CNY Works Inc. shows consistent operations and asset growth with no reported officer compensation.
EIN: 161289199 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $5.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $889K |
| Transparency Score | 80/100 |
Is Cny Works Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cny Works Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cny Works Inc
Cny Works Inc (EIN: 161289199) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $6.7M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cny Works Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cny Works Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $5.7M |
| Surplus / Deficit | $-67,663 |
| Total Assets | $3.2M |
| Total Liabilities | $2.3M |
| Net Assets | $889K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 72.3% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2023, Cny Works Inc reported a deficit of $68K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 72.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cny Works Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | -3.1% | +59.0% |
| 2022 | +58.1% | +60.4% | +31.5% |
| 2021 | -19.6% | -16.7% | -1.0% |
| 2020 | +10.5% | +9.6% | -5.4% |
| 2019 | +5.8% | +7.6% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Cny Works Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cny Works Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization with revenues exceeding $5 million. This either indicates a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, requiring deeper scrutiny for full 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 Cny Works Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure true leadership costs or indicate an unusual operational model.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Cny Works Inc:
- Consistent financial reporting with 13 IRS 990 filings, indicating good transparency practices.
- Healthy asset growth from $1,537,178 in 2021 to $3,214,573 in 2023, suggesting financial stability.
- Generally stable operations with revenues closely matching or exceeding expenses over many years.
Frequently Asked Questions about Cny Works Inc
Is Cny Works Inc a legitimate charity?
Cny Works Inc (EIN: 161289199) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.7M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Cny Works Inc spend its money?
Cny Works Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cny Works Inc tax-deductible?
Cny Works Inc is registered as a tax-exempt nonprofit (EIN: 161289199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cny Works Inc CEO make?
Cny Works Inc's highest-compensated officer earns $5 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cny Works Inc's spending goes to programs?
Cny Works Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cny Works Inc located?
Cny Works Inc is headquartered in Syracuse, New York and files with the IRS under EIN 161289199.
How many years of IRS 990 filings does Cny Works Inc have?
Cny Works 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 $6.7M in total revenue.
How does CNY Works Inc. fund its executive leadership if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all available filings suggests that executive leadership may be entirely volunteer-based, or their compensation is reported under different expense categories, such as salaries and wages for other employees, which would require reviewing the full 990 forms for clarification.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, these details would need to be extracted from the full IRS 990 filings.
What caused the significant increase in assets from $1,537,178 in 2021 to $3,214,573 in 2023?
The substantial increase in assets could be due to successful fundraising campaigns, grants, accumulation of unrestricted net assets, or investments. A detailed review of the balance sheet in the 990 filings would provide specific reasons for this growth.
Filing History
IRS 990 filing history for Cny Works Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cny Works Inc's revenue has declined by 13.8%, moving from $6.6M to $5.7M. Total assets increased by 48.3% over the same period, from $2.2M to $3.2M. Total functional expenses fell by 12.2%, from $6.5M to $5.7M. In its most recent filing year (2023), Cny Works Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $3.2M in assets (debt-to-asset ratio: 72.3%), resulting in net assets of $889K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $5.7M | $3.2M | $2.3M | — | View 990 |
| 2022 | $5.8M | $5.9M | $2.0M | $1.1M | — | View 990 |
| 2021 | $3.7M | $3.7M | $1.5M | $453K | — | — |
| 2020 | $4.5M | $4.4M | $1.6M | $440K | — | View 990 |
| 2019 | $4.1M | $4.0M | $1.6M | $655K | — | View 990 |
| 2018 | $3.9M | $3.7M | $1.4M | $517K | — | View 990 |
| 2017 | $4.1M | $4.0M | $1.6M | $826K | — | View 990 |
| 2016 | $4.3M | $4.2M | $1.4M | $796K | — | View 990 |
| 2015 | $4.1M | $4.1M | $1.2M | $646K | — | View 990 |
| 2014 | $4.1M | $4.1M | $1.2M | $766K | — | View 990 |
| 2013 | $5.1M | $5.0M | $1.4M | $958K | — | View 990 |
| 2012 | $5.2M | $5.0M | $1.8M | $1.5M | — | View 990 |
| 2011 | $6.6M | $6.5M | $2.2M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $5.7M, and assets of $3.2M (revenue -2.1% year-over-year).
- 2022: Revenue of $5.8M, expenses of $5.9M, and assets of $2.0M (revenue +58.1% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.7M, and assets of $1.5M (revenue -19.6% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.4M, and assets of $1.6M (revenue +10.5% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.0M, and assets of $1.6M (revenue +5.8% year-over-year).
- 2018: Revenue of $3.9M, expenses of $3.7M, and assets of $1.4M (revenue -4.8% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $1.6M (revenue -5.2% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.2M, and assets of $1.4M (revenue +4.0% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.1M, and assets of $1.2M (revenue +0.5% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $1.2M (revenue -18.7% year-over-year).
- 2013: Revenue of $5.1M, expenses of $5.0M, and assets of $1.4M (revenue -2.9% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.0M, and assets of $1.8M (revenue -20.3% year-over-year).
- 2011: Revenue of $6.6M, expenses of $6.5M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cny Works Inc:
Data Sources and Methodology
This transparency report for Cny Works 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.