De Sales Assisted Living Development Corp
De Sales Assisted Living Development Corp consistently generates revenue but carries a significant and growing net deficit.
EIN: 133990145 · New York, NY · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $-2,822,893 |
| Transparency Score | 65/100 |
Is De Sales Assisted Living Development Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
De Sales Assisted Living Development Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About De Sales Assisted Living Development Corp
De Sales Assisted Living Development Corp (EIN: 133990145) is a nonprofit organization based in New York, NY, classified under NTEE code L20Z. The organization reported total revenue of $1.8M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of De Sales Assisted Living Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
De Sales Assisted Living Development Corp is a mid-size nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$366K |
| Total Assets | $5.9M |
| Total Liabilities | $8.7M |
| Net Assets | $-2,822,893 |
| Operating Margin | 20.7% |
| Debt-to-Asset Ratio | 147.9% |
| Months of Reserves | 50.2 months |
Financial Health Grade: A
In 2023, De Sales Assisted Living Development Corp reported a surplus of $366K with revenue exceeding expenses, holds 50.2 months of operating reserves (strong position), has a debt-to-asset ratio of 147.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), De Sales Assisted Living Development Corp's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -2.6% | -20.1% |
| 2022 | -0.1% | -5.9% | -12.3% |
| 2021 | -1.1% | -4.6% | -6.5% |
| 2020 | -0.6% | +1.5% | -6.3% |
| 2019 | +0.8% | -1.6% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 De Sales Assisted Living Development Corp with a Mission Score of 65 out of 100 (Good). 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, De Sales Assisted Living Development Corp 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 $366K, with revenue exceeding expenses.
- Debt-to-asset ratio: 147.9%.
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 unusual for an organization of this size and suggests a volunteer-led executive structure or compensation through other means not reported as officer compensation.
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 De Sales Assisted Living Development Corp's IRS 990 filings:
- Consistent and growing net deficit (liabilities significantly exceeding assets), reaching $2,822,893 in 2023.
- Unusually low (0%) reported officer compensation for an organization with over $1.7 million in annual revenue, which may obscure actual leadership compensation structures.
Strengths
The following positive indicators were identified for De Sales Assisted Living Development Corp:
- Consistent revenue generation, averaging over $1.7 million annually in recent years.
- Positive operating margins in recent years, with revenue exceeding expenses (e.g., $1,773,587 revenue vs. $1,407,289 expenses in 2023).
- Potential for high program efficiency if the 0% officer compensation truly reflects volunteer leadership, allowing more resources for mission.
Frequently Asked Questions about De Sales Assisted Living Development Corp
Is De Sales Assisted Living Development Corp a legitimate charity?
De Sales Assisted Living Development Corp (EIN: 133990145) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does De Sales Assisted Living Development Corp spend its money?
De Sales Assisted Living Development Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to De Sales Assisted Living Development Corp tax-deductible?
De Sales Assisted Living Development Corp is registered as a tax-exempt nonprofit (EIN: 133990145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of De Sales Assisted Living Development Corp's spending goes to programs?
De Sales Assisted Living Development Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does De Sales Assisted Living Development Corp compare to similar nonprofits?
With a transparency score of 65/100 (Good), De Sales Assisted Living Development Corp is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is De Sales Assisted Living Development Corp located?
De Sales Assisted Living Development Corp is headquartered in New York, New York and files with the IRS under EIN 133990145. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does De Sales Assisted Living Development Corp have?
De Sales Assisted Living Development Corp has 14 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 $1.8M in total revenue.
Why do liabilities consistently exceed assets, and what is the plan to address this growing net deficit?
The organization's liabilities have consistently exceeded its assets, reaching $8,713,503 in liabilities against $5,890,610 in assets in 2023. This growing net deficit is a significant financial concern that requires further explanation regarding its nature and the organization's strategy to achieve long-term financial stability.
How are the organization's leaders compensated if officer compensation is consistently reported as 0%?
With 0% officer compensation reported across all filings, it's unclear how the organization's leadership is compensated. This could indicate a fully volunteer-led executive team or that compensation is structured in a way not categorized as 'officer compensation' on the 990, which warrants clarification for transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the organization shows positive operating margins in recent years (e.g., $1,773,587 revenue vs. $1,407,289 expenses in 2023), a detailed breakdown of how these expenses are allocated among programs, administration, and fundraising is necessary to fully assess spending efficiency and program focus.
Filing History
IRS 990 filing history for De Sales Assisted Living Development Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), De Sales Assisted Living Development Corp's revenue has grown by 5.1%, moving from $1.7M to $1.8M. Total assets decreased by 63.6% over the same period, from $16.2M to $5.9M. Total functional expenses fell by 23%, from $1.8M to $1.4M. In its most recent filing year (2023), De Sales Assisted Living Development Corp reported a surplus of $366K, with revenue exceeding expenses. The organization holds $8.7M in liabilities against $5.9M in assets (debt-to-asset ratio: 147.9%), resulting in net assets of $-2,822,893.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.4M | $5.9M | $8.7M | — | — |
| 2022 | $1.7M | $1.4M | $7.4M | $10.6M | — | View 990 |
| 2021 | $1.7M | $1.5M | $8.4M | $12.1M | — | View 990 |
| 2020 | $1.7M | $1.6M | $9.0M | $12.6M | — | View 990 |
| 2019 | $1.8M | $1.6M | $9.6M | $13.3M | — | View 990 |
| 2018 | $1.7M | $1.6M | $10.2M | $14.1M | — | View 990 |
| 2017 | $2.9M | $1.7M | $10.7M | $14.8M | — | View 990 |
| 2016 | $1.7M | $1.7M | $11.5M | $16.8M | — | View 990 |
| 2015 | $1.7M | $1.7M | $12.1M | $17.4M | — | View 990 |
| 2014 | $1.7M | $1.8M | $12.7M | $18.0M | — | View 990 |
| 2013 | $1.7M | $1.8M | $13.3M | $18.5M | — | View 990 |
| 2012 | $1.8M | $1.8M | $13.9M | $19.1M | — | View 990 |
| 2011 | $1.8M | $1.9M | $15.6M | $20.2M | — | View 990 |
| 2010 | $1.7M | $1.8M | $16.2M | $20.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $5.9M (revenue +2.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $7.4M (revenue -0.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $8.4M (revenue -1.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $9.0M (revenue -0.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.6M, and assets of $9.6M (revenue +0.8% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $10.2M (revenue -39.4% year-over-year).
- 2017: Revenue of $2.9M, expenses of $1.7M, and assets of $10.7M (revenue +67.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $11.5M (revenue +0.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $12.1M (revenue +0.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $12.7M (revenue +-0.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $13.3M (revenue -4.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $13.9M (revenue -0.5% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.9M, and assets of $15.6M (revenue +6.4% year-over-year).
- 2010: Revenue of $1.7M, expenses of $1.8M, and assets of $16.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for De Sales Assisted Living Development Corp:
Data Sources and Methodology
This transparency report for De Sales Assisted Living Development Corp 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.