Designers Lighting Forum Of New York Incorporated
Designers Lighting Forum Of New York Incorporated shows significant revenue and asset growth with no reported officer compensation.
EIN: 112864065 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $1.4M |
| Program Spending | 70% |
| Net Assets | $2.6M |
| Transparency Score | 75/100 |
Is Designers Lighting Forum Of New York Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Designers Lighting Forum Of New York Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Designers Lighting Forum Of New York Incorporated
Designers Lighting Forum Of New York Incorporated (EIN: 112864065) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.5M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Designers Lighting Forum Of New York Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Designers Lighting Forum Of New York Incorporated is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$623K |
| Total Assets | $3.7M |
| Total Liabilities | $1.1M |
| Net Assets | $2.6M |
| Operating Margin | 30.7% |
| Debt-to-Asset Ratio | 29.0% |
| Months of Reserves | 31.8 months |
Financial Health Grade: A
In 2023, Designers Lighting Forum Of New York Incorporated reported a surplus of $623K with revenue exceeding expenses, holds 31.8 months of operating reserves (strong position), has a debt-to-asset ratio of 29.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Designers Lighting Forum Of New York Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +129.3% | -4.1% | +92.9% |
| 2022 | +186.5% | +226.8% | -25.5% |
| 2021 | -89.2% | -76.8% | -4.5% |
| 2020 | +70.8% | +40.5% | +57.0% |
| 2019 | +249.3% | +1115.5% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Designers Lighting Forum Of New York Incorporated with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Designers Lighting Forum Of New York Incorporated allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $623K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the provided filings, suggesting either a volunteer-led organization or compensation levels below IRS reporting thresholds, which is positive for resource allocation relative to the organization's size and growing revenue.
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 Designers Lighting Forum Of New York Incorporated's IRS 990 filings:
- NTEE code is unknown, limiting understanding of specific mission area.
- Detailed expense breakdown (program, admin, fundraising) is not provided, hindering full efficiency analysis.
Strengths
The following positive indicators were identified for Designers Lighting Forum Of New York Incorporated:
- Significant revenue growth from $196,193 in 2014 to $2,028,758 in 2023.
- Substantial asset growth from $239,229 in 2014 to $3,725,835 in 2023, indicating strong financial health.
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Consistent surpluses in most years, demonstrating effective financial management.
Frequently Asked Questions about Designers Lighting Forum Of New York Incorporated
Is Designers Lighting Forum Of New York Incorporated a legitimate charity?
Designers Lighting Forum Of New York Incorporated (EIN: 112864065) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Designers Lighting Forum Of New York Incorporated spend its money?
Designers Lighting Forum Of New York Incorporated directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Designers Lighting Forum Of New York Incorporated tax-deductible?
Designers Lighting Forum Of New York Incorporated is registered as a tax-exempt nonprofit (EIN: 112864065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Designers Lighting Forum Of New York Incorporated's spending goes to programs?
Designers Lighting Forum Of New York Incorporated directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Designers Lighting Forum Of New York Incorporated located?
Designers Lighting Forum Of New York Incorporated is headquartered in New York, New York and files with the IRS under EIN 112864065.
How many years of IRS 990 filings does Designers Lighting Forum Of New York Incorporated have?
Designers Lighting Forum Of New York Incorporated 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 $5.5M in total revenue.
What is the NTEE code for Designers Lighting Forum Of New York Incorporated?
The NTEE code for Designers Lighting Forum Of New York Incorporated is currently unknown based on the provided data.
How has the organization's financial position changed over the last decade?
The organization has experienced significant growth, with revenue increasing from $196,193 in 2014 to $2,028,758 in 2023, and assets growing from $239,229 to $3,725,835 over the same period.
Does the organization have a healthy financial reserve?
Yes, with assets of $3,725,835 and liabilities of $1,081,433 in 2023, the organization appears to have a healthy financial reserve, indicating strong financial stability.
Filing History
IRS 990 filing history for Designers Lighting Forum Of New York Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Designers Lighting Forum Of New York Incorporated's revenue has grown by 1377.3%, moving from $137K to $2.0M. Total assets increased by 2249.4% over the same period, from $159K to $3.7M. Total functional expenses rose by 1200.1%, from $108K to $1.4M. In its most recent filing year (2023), Designers Lighting Forum Of New York Incorporated reported a surplus of $623K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.7M in assets (debt-to-asset ratio: 29.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.4M | $3.7M | $1.1M | — | — |
| 2022 | $885K | $1.5M | $1.9M | $13K | — | View 990 |
| 2021 | $309K | $448K | $2.6M | $4K | — | View 990 |
| 2020 | $2.9M | $1.9M | $2.7M | $20K | — | View 990 |
| 2019 | $1.7M | $1.4M | $1.7M | $229K | — | View 990 |
| 2018 | $481K | $113K | $1.4M | $222K | — | View 990 |
| 2017 | $293K | $76K | $1.0M | $193K | — | View 990 |
| 2016 | $292K | $61K | $615K | $0 | — | View 990 |
| 2015 | $199K | $54K | $385K | $0 | — | View 990 |
| 2014 | $196K | $200K | $239K | $0 | — | View 990 |
| 2013 | $123K | $64K | $243K | $0 | — | View 990 |
| 2012 | $171K | $145K | $185K | $0 | — | View 990 |
| 2011 | $137K | $108K | $159K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.4M, and assets of $3.7M (revenue +129.3% year-over-year).
- 2022: Revenue of $885K, expenses of $1.5M, and assets of $1.9M (revenue +186.5% year-over-year).
- 2021: Revenue of $309K, expenses of $448K, and assets of $2.6M (revenue -89.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.9M, and assets of $2.7M (revenue +70.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.4M, and assets of $1.7M (revenue +249.3% year-over-year).
- 2018: Revenue of $481K, expenses of $113K, and assets of $1.4M (revenue +64.3% year-over-year).
- 2017: Revenue of $293K, expenses of $76K, and assets of $1.0M (revenue +0.4% year-over-year).
- 2016: Revenue of $292K, expenses of $61K, and assets of $615K (revenue +46.5% year-over-year).
- 2015: Revenue of $199K, expenses of $54K, and assets of $385K (revenue +1.5% year-over-year).
- 2014: Revenue of $196K, expenses of $200K, and assets of $239K (revenue +59.8% year-over-year).
- 2013: Revenue of $123K, expenses of $64K, and assets of $243K (revenue -28.1% year-over-year).
- 2012: Revenue of $171K, expenses of $145K, and assets of $185K (revenue +24.4% year-over-year).
- 2011: Revenue of $137K, expenses of $108K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Designers Lighting Forum Of New York Incorporated:
Data Sources and Methodology
This transparency report for Designers Lighting Forum Of New York Incorporated 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.