Community Foundation For South Central New York Inc
Community Foundation For South Central New York Inc shows strong asset growth and no reported officer compensation over the past decade.
EIN: 161512085 · Johnson City, NY · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.0M |
| Total Expenses | $4.1M |
| Program Spending | 80% |
| Net Assets | $42.2M |
| Transparency Score | 90/100 |
Is Community Foundation For South Central New York Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Foundation For South Central New York Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Foundation For South Central New York Inc
Community Foundation For South Central New York Inc (EIN: 161512085) is a nonprofit organization based in Johnson City, NY, classified under NTEE code T31. The organization reported total revenue of $12.0M and total assets of $46.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation For South Central New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Foundation For South Central New York Inc is a large nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.5M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$7.4M |
| Total Assets | $43.8M |
| Total Liabilities | $1.6M |
| Net Assets | $42.2M |
| Operating Margin | 64.1% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 126.8 months |
Financial Health Grade: A
In 2023, Community Foundation For South Central New York Inc reported a surplus of $7.4M with revenue exceeding expenses, holds 126.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Foundation For South Central New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +234.3% | +31.1% | +26.3% |
| 2022 | -36.9% | +5.8% | -10.3% |
| 2021 | +39.4% | -7.3% | +13.2% |
| 2020 | -40.5% | +6.7% | +11.7% |
| 2019 | +110.9% | +25.1% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Community Foundation For South Central New York Inc with a Mission Score of 90 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Community Foundation For South Central New York 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 $7.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual and suggests a volunteer-led or very lean executive structure, freeing up more funds for programmatic activities.
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.
Strengths
The following positive indicators were identified for Community Foundation For South Central New York Inc:
- Strong and consistent asset growth, from $22.3M in 2014 to $46M currently.
- Consistent reporting of 0% officer compensation across all 13 filings, indicating high efficiency.
- Regular IRS 990 filings over 13 periods demonstrate strong transparency and accountability.
- Significant revenue generation, with a peak of $11.5M in 2023, supporting substantial community impact.
- Low liabilities relative to assets, indicating sound financial management (e.g., $1.6M liabilities vs $43.7M assets in 2023).
Frequently Asked Questions about Community Foundation For South Central New York Inc
Is Community Foundation For South Central New York Inc a legitimate charity?
Community Foundation For South Central New York Inc (EIN: 161512085) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Community Foundation For South Central New York Inc spend its money?
Community Foundation For South Central New York Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Community Foundation For South Central New York Inc tax-deductible?
Community Foundation For South Central New York Inc is registered as a tax-exempt nonprofit (EIN: 161512085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Foundation For South Central New York Inc's spending goes to programs?
Community Foundation For South Central New York Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Foundation For South Central New York Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Community Foundation For South Central New York Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Foundation For South Central New York Inc located?
Community Foundation For South Central New York Inc is headquartered in Johnson City, New York and files with the IRS under EIN 161512085. It is classified under NTEE code T31.
How many years of IRS 990 filings does Community Foundation For South Central New York Inc have?
Community Foundation For South Central New York 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 $12.0M in total revenue.
Is Community Foundation For South Central New York Inc a good charity?
Based on the provided data, the Community Foundation For South Central New York Inc appears to be a very good charity. It demonstrates strong asset growth, consistent financial reporting, and notably, reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly strengthened over the last decade, with assets more than doubling from $22,314,395 in 2014 to $46,008,094 currently. Revenue has also seen substantial growth, albeit with fluctuations, indicating a robust and expanding financial base.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It means that no funds are being used to pay salaries or benefits to the organization's officers, which is a strong indicator of efficient resource allocation and a commitment to directing all available funds towards the foundation's charitable purposes.
Filing History
IRS 990 filing history for Community Foundation For South Central New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Foundation For South Central New York Inc's revenue has grown by 592.3%, moving from $1.7M to $11.5M. Total assets increased by 170.3% over the same period, from $16.2M to $43.8M. Total functional expenses rose by 250.5%, from $1.2M to $4.1M. In its most recent filing year (2023), Community Foundation For South Central New York Inc reported a surplus of $7.4M, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $43.8M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $42.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.5M | $4.1M | $43.8M | $1.6M | — | — |
| 2022 | $3.4M | $3.2M | $34.7M | $1.4M | — | View 990 |
| 2021 | $5.5M | $3.0M | $38.6M | $925K | — | View 990 |
| 2020 | $3.9M | $3.2M | $34.1M | $1.0M | — | — |
| 2019 | $6.6M | $3.0M | $30.6M | $1.1M | — | View 990 |
| 2018 | $3.1M | $2.4M | $23.5M | $851K | — | View 990 |
| 2017 | $2.2M | $2.1M | $25.9M | $574K | — | View 990 |
| 2016 | $934K | $2.0M | $23.5M | $483K | — | View 990 |
| 2015 | $5.8M | $1.9M | $23.3M | $392K | — | View 990 |
| 2014 | $5.1M | $1.4M | $22.3M | $0 | — | View 990 |
| 2013 | $2.0M | $1.2M | $20.3M | $0 | — | View 990 |
| 2012 | $2.3M | $1.3M | $18.1M | $0 | — | View 990 |
| 2011 | $1.7M | $1.2M | $16.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.5M, expenses of $4.1M, and assets of $43.8M (revenue +234.3% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.2M, and assets of $34.7M (revenue -36.9% year-over-year).
- 2021: Revenue of $5.5M, expenses of $3.0M, and assets of $38.6M (revenue +39.4% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.2M, and assets of $34.1M (revenue -40.5% year-over-year).
- 2019: Revenue of $6.6M, expenses of $3.0M, and assets of $30.6M (revenue +110.9% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.4M, and assets of $23.5M (revenue +43.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $25.9M (revenue +133.9% year-over-year).
- 2016: Revenue of $934K, expenses of $2.0M, and assets of $23.5M (revenue -83.8% year-over-year).
- 2015: Revenue of $5.8M, expenses of $1.9M, and assets of $23.3M (revenue +12.5% year-over-year).
- 2014: Revenue of $5.1M, expenses of $1.4M, and assets of $22.3M (revenue +155.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.2M, and assets of $20.3M (revenue -12.3% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.3M, and assets of $18.1M (revenue +37.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.2M, and assets of $16.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Foundation For South Central New York Inc:
Data Sources and Methodology
This transparency report for Community Foundation For South Central New York 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.