Council Of Senior Centers And Services Of New York City Inc
Council Of Senior Centers And Services Of New York City Inc maintains stable operations with consistent revenue and asset growth, reporting no officer compensation.
EIN: 132967277 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $964K |
| Transparency Score | 85/100 |
Is Council Of Senior Centers And Services Of New York City Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Council Of Senior Centers And Services Of New York City Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Council Of Senior Centers And Services Of New York City Inc
Council Of Senior Centers And Services Of New York City Inc (EIN: 132967277) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council Of Senior Centers And Services Of New York City Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council Of Senior Centers And Services Of New York City Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-32,477 |
| Total Assets | $1.5M |
| Total Liabilities | $558K |
| Net Assets | $964K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 36.6% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, Council Of Senior Centers And Services Of New York City Inc reported a deficit of $32K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council Of Senior Centers And Services Of New York City Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +0.9% | +26.0% |
| 2022 | +7.4% | +0.6% | -12.1% |
| 2021 | -10.8% | +10.0% | +0.9% |
| 2020 | +19.4% | +3.8% | +61.1% |
| 2019 | -11.2% | -13.4% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
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 Council Of Senior Centers And Services Of New York City 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Council Of Senior Centers And Services Of New York City Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of this size and revenue. This suggests either a fully volunteer executive leadership or that compensation is structured in a way not reported under 'officer compensation' on the 990, warranting further investigation for complete 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 Council Of Senior Centers And Services Of New York City 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 full transparency regarding executive remuneration.
Strengths
The following positive indicators were identified for Council Of Senior Centers And Services Of New York City Inc:
- Consistent financial stability with revenues consistently around $2 million annually.
- Healthy asset growth over the past decade, from $831,557 in 2014 to $1,521,966 in 2023.
- Remarkable record of 0% reported officer compensation, suggesting high efficiency or volunteer leadership.
- Manageable liabilities relative to assets, indicating a strong balance sheet.
- Long history of consistent IRS 990 filings, demonstrating commitment to transparency.
Frequently Asked Questions about Council Of Senior Centers And Services Of New York City Inc
Is Council Of Senior Centers And Services Of New York City Inc a legitimate charity?
Council Of Senior Centers And Services Of New York City Inc (EIN: 132967277) 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: $2.2M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Council Of Senior Centers And Services Of New York City Inc spend its money?
Council Of Senior Centers And Services Of New York City Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Council Of Senior Centers And Services Of New York City Inc tax-deductible?
Council Of Senior Centers And Services Of New York City Inc is registered as a tax-exempt nonprofit (EIN: 132967277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Council Of Senior Centers And Services Of New York City Inc's spending goes to programs?
Council Of Senior Centers And Services Of New York City Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Council Of Senior Centers And Services Of New York City Inc located?
Council Of Senior Centers And Services Of New York City Inc is headquartered in New York, New York and files with the IRS under EIN 132967277.
How many years of IRS 990 filings does Council Of Senior Centers And Services Of New York City Inc have?
Council Of Senior Centers And Services Of New York City 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 $2.2M in total revenue.
Is Council Of Senior Centers And Services Of New York City Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It demonstrates consistent financial stability, healthy asset growth, and a remarkable record of 0% reported officer compensation, suggesting a strong focus on program delivery and efficient use of funds.
How does the organization manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization with over $2 million in annual revenue. This could indicate that executive leadership is entirely volunteer-based, compensated through a related entity, or that their compensation is categorized differently on the 990, such as under general salaries and wages, rather than specifically as officer compensation.
What is the trend in the organization's financial health?
The organization shows a stable to improving financial health trend. Assets have grown from $831,557 in 2014 to $1,521,966 in 2023, and while expenses sometimes slightly exceed revenue (e.g., 2023: $2,041,388 expenses vs. $2,008,911 revenue), the overall balance sheet remains strong with manageable liabilities.
Filing History
IRS 990 filing history for Council Of Senior Centers And Services Of New York City Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council Of Senior Centers And Services Of New York City Inc's revenue has grown by 78.2%, moving from $1.1M to $2.0M. Total assets increased by 219.2% over the same period, from $477K to $1.5M. Total functional expenses rose by 76.8%, from $1.2M to $2.0M. In its most recent filing year (2023), Council Of Senior Centers And Services Of New York City Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $558K in liabilities against $1.5M in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $964K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $1.5M | $558K | — | View 990 |
| 2022 | $2.1M | $2.0M | $1.2M | $229K | — | View 990 |
| 2021 | $1.9M | $2.0M | $1.4M | $409K | — | View 990 |
| 2020 | $2.2M | $1.8M | $1.4M | $393K | — | View 990 |
| 2019 | $1.8M | $1.8M | $846K | $224K | — | View 990 |
| 2018 | $2.0M | $2.0M | $866K | $314K | — | View 990 |
| 2017 | $2.3M | $2.3M | $954K | $427K | — | View 990 |
| 2016 | $2.1M | $2.0M | $964K | $483K | — | View 990 |
| 2015 | $1.8M | $2.0M | $820K | $385K | — | View 990 |
| 2014 | $1.8M | $1.7M | $832K | $182K | — | View 990 |
| 2013 | $1.3M | $1.3M | $634K | $159K | — | View 990 |
| 2012 | $1.2M | $1.2M | $562K | $99K | — | View 990 |
| 2011 | $1.1M | $1.2M | $477K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $1.5M (revenue -3.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.0M, and assets of $1.2M (revenue +7.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $1.4M (revenue -10.8% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $1.4M (revenue +19.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $846K (revenue -11.2% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $866K (revenue -12.8% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $954K (revenue +12.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $964K (revenue +14.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.0M, and assets of $820K (revenue +0.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $832K (revenue +39.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $634K (revenue +7.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $562K (revenue +7.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $477K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council Of Senior Centers And Services Of New York City Inc:
Data Sources and Methodology
This transparency report for Council Of Senior Centers And Services Of New York City 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.