Eger Harbor House Inc
Eger Harbor House Inc. faces persistent operating deficits and declining assets.
EIN: 133999654 · Staten Island, NY · NTEE: L99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $5.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $-8,073,199 |
| Transparency Score | 45/100 |
Is Eger Harbor House Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eger Harbor House Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eger Harbor House Inc
Eger Harbor House Inc (EIN: 133999654) is a nonprofit organization based in Staten Island, NY, classified under NTEE code L99. The organization reported total revenue of $5.1M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eger Harbor House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eger Harbor House Inc is a mid-size nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-368,093 |
| Total Assets | $5.4M |
| Total Liabilities | $13.4M |
| Net Assets | $-8,073,199 |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 250.7% |
| Months of Reserves | 12.0 months |
Financial Health Grade: C
In 2023, Eger Harbor House Inc reported a deficit of $368K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 250.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eger Harbor House Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +1.0% | -8.2% |
| 2022 | +253.7% | -8.4% | -22.6% |
| 2021 | -74.5% | +11.6% | -16.1% |
| 2020 | -4.2% | +4.2% | -10.0% |
| 2019 | +0.3% | -1.9% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Eger Harbor House Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Eger Harbor House Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $368K, with expenses exceeding revenue.
- Debt-to-asset ratio: 250.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with over $5 million in annual revenue and assets.
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 Eger Harbor House Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $368,093 deficit in 2023, $895,829 deficit in 2022).
- Significant decline in assets over time (from $10.1M in 2015 to $5.3M in 2023).
- Substantial liabilities relative to assets ($13.4M liabilities vs. $5.3M assets in 2023).
- Unusually low revenue in 2021 ($1.24M compared to typical $4-5M).
Strengths
The following positive indicators were identified for Eger Harbor House Inc:
- Reported 0% officer compensation, indicating resources are not allocated to executive salaries.
- Long history of IRS 990 filings (13 filings), suggesting consistent reporting.
Frequently Asked Questions about Eger Harbor House Inc
Is Eger Harbor House Inc a legitimate charity?
Eger Harbor House Inc (EIN: 133999654) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.1M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Eger Harbor House Inc spend its money?
Eger Harbor House Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Eger Harbor House Inc tax-deductible?
Eger Harbor House Inc is registered as a tax-exempt nonprofit (EIN: 133999654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eger Harbor House Inc CEO make?
Eger Harbor House Inc's highest-compensated officer earns $5 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eger Harbor House Inc's spending goes to programs?
Eger Harbor House Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eger Harbor House Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Eger Harbor House Inc is near average for NTEE category L99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eger Harbor House Inc located?
Eger Harbor House Inc is headquartered in Staten Island, New York and files with the IRS under EIN 133999654. It is classified under NTEE code L99.
How many years of IRS 990 filings does Eger Harbor House Inc have?
Eger Harbor House 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 $5.1M in total revenue.
Is Eger Harbor House Inc. financially sustainable?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $5.35M expenses vs. $4.98M revenue in 2023), leading to operating deficits and a decline in assets from $10.1M in 2015 to $5.3M in 2023. This trend raises concerns about long-term financial sustainability.
Why is officer compensation reported as 0%?
The filings consistently show 0% for officer compensation. While this could indicate a volunteer leadership structure, it is uncommon for an organization with over $5 million in annual revenue and warrants further investigation to understand how leadership is compensated or structured.
What caused the significant revenue drop in 2021?
Revenue dropped sharply from $4.88M in 2020 to $1.24M in 2021, while expenses remained high at $5.78M. This drastic change in revenue, leading to a substantial deficit, requires further context to understand the underlying reasons.
How are the significant liabilities being managed?
The organization consistently carries substantial liabilities, ranging from $10.2M in 2020 to $13.4M in 2023. Given the declining assets and operating deficits, understanding the nature of these liabilities and the strategy for their management is crucial.
Filing History
IRS 990 filing history for Eger Harbor House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eger Harbor House Inc's revenue has grown by 15%, moving from $4.3M to $5.0M. Total assets decreased by 37.8% over the same period, from $8.6M to $5.4M. Total functional expenses rose by 26.1%, from $4.2M to $5.4M. In its most recent filing year (2023), Eger Harbor House Inc reported a deficit of $368K, with expenses exceeding revenue. The organization holds $13.4M in liabilities against $5.4M in assets (debt-to-asset ratio: 250.7%), resulting in net assets of $-8,073,199.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.4M | $5.4M | $13.4M | — | — |
| 2022 | $4.4M | $5.3M | $5.8M | $11.2M | — | View 990 |
| 2021 | $1.2M | $5.8M | $7.5M | $13.3M | — | View 990 |
| 2020 | $4.9M | $5.2M | $9.0M | $10.2M | — | View 990 |
| 2019 | $5.1M | $5.0M | $10.0M | $10.9M | — | View 990 |
| 2018 | $5.1M | $5.1M | $9.8M | $10.7M | — | View 990 |
| 2017 | $5.3M | $5.1M | $10.1M | $11.0M | — | View 990 |
| 2016 | $5.0M | $4.7M | $9.9M | $11.1M | — | View 990 |
| 2015 | $4.9M | $4.4M | $10.1M | $11.6M | — | View 990 |
| 2014 | $4.6M | $4.4M | $9.8M | $11.8M | — | View 990 |
| 2013 | $4.5M | $4.1M | $9.8M | $12.0M | — | View 990 |
| 2012 | $4.6M | $4.3M | $9.6M | $12.3M | — | View 990 |
| 2011 | $4.3M | $4.2M | $8.6M | $11.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.4M, and assets of $5.4M (revenue +13.2% year-over-year).
- 2022: Revenue of $4.4M, expenses of $5.3M, and assets of $5.8M (revenue +253.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $5.8M, and assets of $7.5M (revenue -74.5% year-over-year).
- 2020: Revenue of $4.9M, expenses of $5.2M, and assets of $9.0M (revenue -4.2% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.0M, and assets of $10.0M (revenue +0.3% year-over-year).
- 2018: Revenue of $5.1M, expenses of $5.1M, and assets of $9.8M (revenue -4.6% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.1M, and assets of $10.1M (revenue +6.2% year-over-year).
- 2016: Revenue of $5.0M, expenses of $4.7M, and assets of $9.9M (revenue +1.8% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.4M, and assets of $10.1M (revenue +6.4% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.4M, and assets of $9.8M (revenue +2.2% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.1M, and assets of $9.8M (revenue -2.1% year-over-year).
- 2012: Revenue of $4.6M, expenses of $4.3M, and assets of $9.6M (revenue +6.9% year-over-year).
- 2011: Revenue of $4.3M, expenses of $4.2M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eger Harbor House Inc:
Data Sources and Methodology
This transparency report for Eger Harbor House 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.