Corporation Of Yaddo

Corporation Of Yaddo maintains substantial assets despite recent operational deficits and reports no officer compensation.

EIN: 141343055 · Saratoga Spgs, NY · NTEE: A900 · Updated: 2026-03-28

$5.4MRevenue

$54.3MAssets

90/100Mission Score (Excellent)

A900

About Corporation Of Yaddo

Corporation Of Yaddo (EIN: 141343055) is a nonprofit organization based in Saratoga Spgs, NY, classified under NTEE code A900. The organization reported total revenue of $5.4M and total assets of $54.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corporation Of Yaddo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Corporation Of Yaddo demonstrates a generally stable financial position with substantial assets, consistently exceeding $45 million over the past decade and reaching $53.3 million in the latest filing. While the organization experienced a deficit in the most recent two periods (expenses exceeding revenue by $1.6 million in 2023 and $488k in 2022), it has historically managed its finances well, often generating surpluses. The organization's NTEE code A900 suggests a focus on arts and culture, and the absence of reported officer compensation across all filings indicates a strong commitment to directing resources towards its mission rather than executive salaries, enhancing its transparency and efficiency profile.

The organization's spending efficiency appears strong, particularly given the zero reported officer compensation. Although a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent operational expenses relative to its mission and asset base suggest a focused approach. The recent deficits warrant monitoring, but the substantial asset base provides a buffer. The low liabilities relative to assets also indicate good financial management and low financial risk.

Overall, Corporation Of Yaddo exhibits a high degree of financial transparency, especially concerning executive compensation. Its significant asset base provides long-term stability, and while recent operational deficits are a point of attention, they do not immediately signal severe financial distress given the organization's overall financial health and historical performance. The consistent growth in assets over the long term, despite fluctuations in annual revenue, points to sound stewardship of its endowment or investments.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Corporation Of Yaddo 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Corporation Of Yaddo 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.

Executive Compensation Analysis

Corporation Of Yaddo consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $50 million in assets and annual expenses often exceeding $3 million.

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 Corporation Of Yaddo's IRS 990 filings:

Recent operational deficits (expenses exceeding revenue by $1.6M in 2023 and $488K in 2022)

Strengths

The following positive indicators were identified for Corporation Of Yaddo:

Substantial and growing asset base ($53.3M in 2023)
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs
Low liabilities relative to assets, suggesting strong financial stability
Consistent long-term asset growth despite revenue fluctuations

Frequently Asked Questions about Corporation Of Yaddo

Why has Corporation Of Yaddo reported 0% officer compensation for over a decade?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key management is categorized differently, such as under general salaries and wages, rather than specifically as 'officer compensation' on the 990 form. This practice significantly enhances the organization's efficiency metrics.

What caused the operational deficits in 2022 and 2023?

In 2023, expenses of $4,830,308 exceeded revenue of $3,190,547, resulting in a $1,639,761 deficit. In 2022, expenses of $4,358,397 exceeded revenue of $3,869,899, leading to a $488,498 deficit. The specific causes are not detailed in the provided summary but could be due to increased program costs, investment losses, or a temporary dip in donations or other income streams.

How does Corporation Of Yaddo sustain its operations with fluctuating revenues?

The organization's substantial asset base, which has grown from $46.5 million in 2014 to $53.3 million in 2023, likely provides a significant endowment or investment income that helps stabilize operations and cover expenses, especially during periods of lower revenue or operational deficits.

Filing History

IRS 990 filing history for Corporation Of Yaddo showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Corporation Of Yaddo's revenue has grown by 163.8%, moving from $1.2M to $3.2M. Total assets increased by 38.7% over the same period, from $38.4M to $53.3M. Total functional expenses rose by 66.7%, from $2.9M to $4.8M. In its most recent filing year (2023), Corporation Of Yaddo reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $541K in liabilities against $53.3M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $52.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$4.8M	$53.3M	$541K	—	—
2022	$3.9M	$4.4M	$52.0M	$530K	—	View 990
2021	$4.5M	$3.8M	$58.6M	$322K	—	View 990
2020	$3.3M	$3.3M	$55.0M	$194K	—	View 990
2019	$4.0M	$3.9M	$52.2M	$252K	—	View 990
2018	$3.8M	$3.4M	$48.5M	$927K	—	View 990
2017	$4.0M	$3.4M	$51.3M	$469K	—	View 990
2016	$3.3M	$3.3M	$47.5M	$498K	—	View 990
2015	$5.1M	$3.1M	$46.9M	$381K	—	View 990
2014	$4.6M	$3.1M	$46.5M	$185K	—	View 990
2013	$4.3M	$3.1M	$45.1M	$163K	—	View 990
2012	$4.2M	$3.1M	$41.6M	$274K	—	View 990
2011	$1.2M	$2.9M	$38.4M	$237K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $4.8M, and assets of $53.3M (revenue -17.6% year-over-year).
2022: Revenue of $3.9M, expenses of $4.4M, and assets of $52.0M (revenue -13.8% year-over-year).
2021: Revenue of $4.5M, expenses of $3.8M, and assets of $58.6M (revenue +36.0% year-over-year).
2020: Revenue of $3.3M, expenses of $3.3M, and assets of $55.0M (revenue -17.0% year-over-year).
2019: Revenue of $4.0M, expenses of $3.9M, and assets of $52.2M (revenue +5.9% year-over-year).
2018: Revenue of $3.8M, expenses of $3.4M, and assets of $48.5M (revenue -7.1% year-over-year).
2017: Revenue of $4.0M, expenses of $3.4M, and assets of $51.3M (revenue +22.6% year-over-year).
2016: Revenue of $3.3M, expenses of $3.3M, and assets of $47.5M (revenue -35.7% year-over-year).
2015: Revenue of $5.1M, expenses of $3.1M, and assets of $46.9M (revenue +10.4% year-over-year).
2014: Revenue of $4.6M, expenses of $3.1M, and assets of $46.5M (revenue +8.0% year-over-year).
2013: Revenue of $4.3M, expenses of $3.1M, and assets of $45.1M (revenue +2.1% year-over-year).
2012: Revenue of $4.2M, expenses of $3.1M, and assets of $41.6M (revenue +248.3% year-over-year).
2011: Revenue of $1.2M, expenses of $2.9M, and assets of $38.4M.

Data Sources and Methodology

This transparency report for Corporation Of Yaddo 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.