Consolidated Edison Of Ny Inc
Consolidated Edison Of Ny Inc consistently reports zero officer compensation amidst multi-million dollar revenues and growing assets.
EIN: 133717976 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64.9M |
| Total Expenses | $59.8M |
| Program Spending | 85% |
| Net Assets | $25.7M |
| Transparency Score | 85/100 |
Is Consolidated Edison Of Ny Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Consolidated Edison Of Ny Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Consolidated Edison Of Ny Inc
Consolidated Edison Of Ny Inc (EIN: 133717976) is a nonprofit organization based in New York, NY. The organization reported total revenue of $64.9M and total assets of $31.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Consolidated Edison Of Ny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Consolidated Edison Of Ny Inc is a major nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62.9M |
| Total Expenses | $59.8M |
| Surplus / Deficit | +$3.2M |
| Total Assets | $25.8M |
| Total Liabilities | $152K |
| Net Assets | $25.7M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Consolidated Edison Of Ny Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Consolidated Edison Of Ny Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +1.0% | +14.3% |
| 2022 | +22.0% | +13.3% | +24.0% |
| 2021 | -0.8% | +4.6% | -0.9% |
| 2020 | -13.2% | -7.0% | +17.0% |
| 2019 | +6.9% | -10.8% | +76.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Consolidated Edison Of Ny Inc with a Mission Score of 85 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, Consolidated Edison Of Ny 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 surplus of $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues in the tens of millions and suggests either a unique operational structure or that compensation is reported under different categories, or that it is truly a volunteer-led organization at the executive level.
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 Consolidated Edison Of Ny Inc's IRS 990 filings:
- Unknown NTEE code makes mission assessment difficult
- Lack of detailed expense breakdown (program, admin, fundraising) hinders efficiency analysis
- Consistently 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Consolidated Edison Of Ny Inc:
- Consistent revenue generation in the tens of millions (e.g., $62,929,438 in 2023)
- Significant asset growth over the past decade (from $10.6M in 2014 to $25.8M in 2023)
- Low liabilities relative to assets, indicating strong financial health (e.g., $152,478 liabilities vs. $25,803,400 assets in 2023)
- Zero reported officer compensation, suggesting potential for high efficiency in leadership costs or a unique operational model.
Frequently Asked Questions about Consolidated Edison Of Ny Inc
Is Consolidated Edison Of Ny Inc a legitimate charity?
Consolidated Edison Of Ny Inc (EIN: 133717976) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $64.9M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Consolidated Edison Of Ny Inc spend its money?
Consolidated Edison Of Ny Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Consolidated Edison Of Ny Inc tax-deductible?
Consolidated Edison Of Ny Inc is registered as a tax-exempt nonprofit (EIN: 133717976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Consolidated Edison Of Ny Inc's spending goes to programs?
Consolidated Edison Of Ny Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Consolidated Edison Of Ny Inc located?
Consolidated Edison Of Ny Inc is headquartered in New York, New York and files with the IRS under EIN 133717976.
How many years of IRS 990 filings does Consolidated Edison Of Ny Inc have?
Consolidated Edison Of Ny 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 $64.9M in total revenue.
What is the primary purpose of Consolidated Edison Of Ny Inc, given its significant revenue and assets?
The NTEE code is unknown, and without further information on its activities, it's difficult to ascertain the exact mission. However, the name suggests a connection to the utility company, which might imply a related charitable or community benefit function.
How does Consolidated Edison Of Ny Inc manage to operate with 0% officer compensation?
This is a notable financial characteristic. It could indicate that executive functions are performed by volunteers, or that compensation is covered by a related entity, or reported in a non-officer capacity, which would require further investigation into their operational model.
What are the main categories of expenses for Consolidated Edison Of Ny Inc?
While total expenses are provided (e.g., $59,761,677 in 2023), the IRS 990 data provided does not detail the breakdown into program, administrative, or fundraising costs, making it difficult to assess spending efficiency in these areas.
Filing History
IRS 990 filing history for Consolidated Edison Of Ny Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Consolidated Edison Of Ny Inc's revenue has grown by 28.9%, moving from $48.8M to $62.9M. Total assets increased by 178.5% over the same period, from $9.3M to $25.8M. Total functional expenses rose by 25.9%, from $47.5M to $59.8M. In its most recent filing year (2023), Consolidated Edison Of Ny Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $152K in liabilities against $25.8M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $25.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62.9M | $59.8M | $25.8M | $152K | — | — |
| 2022 | $63.6M | $59.1M | $22.6M | $86K | — | View 990 |
| 2021 | $52.1M | $52.2M | $18.2M | $132K | — | View 990 |
| 2020 | $52.5M | $49.9M | $18.4M | $187K | — | View 990 |
| 2019 | $60.4M | $53.7M | $15.7M | $118K | — | — |
| 2018 | $56.6M | $60.2M | $8.9M | $115K | — | View 990 |
| 2017 | $58.5M | $56.9M | $12.6M | $214K | — | View 990 |
| 2016 | $55.2M | $54.8M | $11.0M | $175K | — | View 990 |
| 2015 | $51.1M | $51.0M | $10.6M | $196K | — | View 990 |
| 2014 | $57.9M | $50.0M | $10.6M | $290K | — | View 990 |
| 2013 | $46.5M | $47.9M | $2.6M | $124K | — | View 990 |
| 2012 | $41.9M | $47.3M | $3.9M | $70K | — | View 990 |
| 2011 | $48.8M | $47.5M | $9.3M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62.9M, expenses of $59.8M, and assets of $25.8M (revenue -1.0% year-over-year).
- 2022: Revenue of $63.6M, expenses of $59.1M, and assets of $22.6M (revenue +22.0% year-over-year).
- 2021: Revenue of $52.1M, expenses of $52.2M, and assets of $18.2M (revenue -0.8% year-over-year).
- 2020: Revenue of $52.5M, expenses of $49.9M, and assets of $18.4M (revenue -13.2% year-over-year).
- 2019: Revenue of $60.4M, expenses of $53.7M, and assets of $15.7M (revenue +6.9% year-over-year).
- 2018: Revenue of $56.6M, expenses of $60.2M, and assets of $8.9M (revenue -3.3% year-over-year).
- 2017: Revenue of $58.5M, expenses of $56.9M, and assets of $12.6M (revenue +5.9% year-over-year).
- 2016: Revenue of $55.2M, expenses of $54.8M, and assets of $11.0M (revenue +8.1% year-over-year).
- 2015: Revenue of $51.1M, expenses of $51.0M, and assets of $10.6M (revenue -11.7% year-over-year).
- 2014: Revenue of $57.9M, expenses of $50.0M, and assets of $10.6M (revenue +24.4% year-over-year).
- 2013: Revenue of $46.5M, expenses of $47.9M, and assets of $2.6M (revenue +11.1% year-over-year).
- 2012: Revenue of $41.9M, expenses of $47.3M, and assets of $3.9M (revenue -14.2% year-over-year).
- 2011: Revenue of $48.8M, expenses of $47.5M, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Consolidated Edison Of Ny Inc:
Data Sources and Methodology
This transparency report for Consolidated Edison Of Ny 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.