Elizabethtown Social Center Inc

Elizabethtown Social Center Inc maintains strong asset growth and no reported officer compensation.

EIN: 141338389 · Elizabethtown, NY · Updated: 2026-03-28

$3.0MRevenue

$4.5MAssets

90/100Mission Score (Excellent)

About Elizabethtown Social Center Inc

Elizabethtown Social Center Inc (EIN: 141338389) is a nonprofit organization based in Elizabethtown, NY. The organization reported total revenue of $3.0M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabethtown Social Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Elizabethtown Social Center Inc demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. In the latest filing (202312), the organization reported $2,512,607 in assets against $392,586 in expenses, indicating strong reserves. The organization has consistently operated with positive net income in most recent years, such as in 202312 where revenue of $441,441 exceeded expenses by nearly $50,000. This suggests prudent financial management and an ability to build its financial capacity over time.

The organization's spending efficiency appears strong, as evidenced by its consistent ability to manage expenses within its revenue streams. A notable aspect of its financial operations is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, or that the organization is very small and relies heavily on volunteers. This practice, if accurate, significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards its mission. The low liabilities, such as $14,707 in 202312, further underscore a healthy balance sheet.

While specific program spending percentages are not provided in the raw data, the overall financial health, consistent revenue generation, and absence of reported officer compensation point towards a well-managed and potentially efficient operation. The consistent growth in assets from $1,769,671 in 201112 to $2,512,607 in 202312, alongside relatively stable expense levels, indicates a sustainable financial model. The lack of reported officer compensation also suggests a high degree of transparency regarding executive pay, as it indicates no compensation is being drawn from the organization in this category.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Elizabethtown Social Center Inc 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: 90%
fundraising: 0%

According to IRS 990 filings, Elizabethtown Social Center Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual expenses nearing $400,000. This suggests either a fully volunteer-led executive team or that compensation is categorized differently, but it significantly reduces overhead.

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 Elizabethtown Social Center Inc's IRS 990 filings:

Lack of detailed program spending breakdown in provided data
Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Elizabethtown Social Center Inc:

Consistent asset growth from $1.7M to $2.5M over the past decade.
Positive net income in most recent years (e.g., $48,855 surplus in 202312).
0% reported officer compensation, suggesting very low administrative overhead in this category.
Low liabilities relative to assets (e.g., $14,707 liabilities vs. $2.5M assets in 202312).
Stable and growing revenue streams over time.

Frequently Asked Questions about Elizabethtown Social Center Inc

Is Elizabethtown Social Center Inc a good charity?

Based on the available financial data, Elizabethtown Social Center Inc appears to be a financially sound organization with consistent revenue, growing assets, and no reported officer compensation, which are positive indicators of a well-managed charity.

How does Elizabethtown Social Center Inc manage its finances?

The organization demonstrates prudent financial management, consistently operating with positive net income in most years (e.g., $441,441 revenue vs. $392,586 expenses in 202312) and growing its assets from $1.7M to $2.5M over a decade, while maintaining low liabilities.

What is the trend in Elizabethtown Social Center Inc's assets?

Elizabethtown Social Center Inc has shown consistent asset growth, increasing from $1,769,671 in 201112 to $2,512,607 in 202312, indicating a strong and improving financial position.

Filing History

IRS 990 filing history for Elizabethtown Social Center Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Elizabethtown Social Center Inc's revenue has grown by 93%, moving from $229K to $441K. Total assets increased by 42% over the same period, from $1.8M to $2.5M. Total functional expenses rose by 86.6%, from $210K to $393K. In its most recent filing year (2023), Elizabethtown Social Center Inc reported a surplus of $49K, with revenue exceeding expenses. The organization holds $15K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $2.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$441K	$393K	$2.5M	$15K	—	View 990
2022	$285K	$312K	$2.5M	$9K	—	View 990
2021	$378K	$253K	$2.5M	$4K	—	View 990
2020	$236K	$231K	$2.4M	$4K	—	View 990
2019	$241K	$229K	$2.4M	$3K	—	View 990
2015	$408K	$214K	$2.1M	$423	—	View 990
2014	$374K	$210K	$1.9M	$2K	—	View 990
2013	$218K	$225K	$1.8M	$0	—	View 990
2012	$230K	$212K	$1.8M	$0	—	View 990
2011	$229K	$210K	$1.8M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $441K, expenses of $393K, and assets of $2.5M (revenue +55.1% year-over-year).
2022: Revenue of $285K, expenses of $312K, and assets of $2.5M (revenue -24.6% year-over-year).
2021: Revenue of $378K, expenses of $253K, and assets of $2.5M (revenue +60.3% year-over-year).
2020: Revenue of $236K, expenses of $231K, and assets of $2.4M (revenue -2.5% year-over-year).
2019: Revenue of $241K, expenses of $229K, and assets of $2.4M (revenue -40.8% year-over-year).
2015: Revenue of $408K, expenses of $214K, and assets of $2.1M (revenue +8.9% year-over-year).
2014: Revenue of $374K, expenses of $210K, and assets of $1.9M (revenue +72.0% year-over-year).
2013: Revenue of $218K, expenses of $225K, and assets of $1.8M (revenue -5.6% year-over-year).
2012: Revenue of $230K, expenses of $212K, and assets of $1.8M (revenue +0.8% year-over-year).
2011: Revenue of $229K, expenses of $210K, and assets of $1.8M.

Data Sources and Methodology

This transparency report for Elizabethtown Social Center 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.