Elmcor Youth & Adult Activities Inc
Elmcor Youth & Adult Activities Inc shows consistent revenue growth and 0% officer compensation over the past decade.
EIN: 112224539 · Corona, NY · NTEE: F32Z · Updated: 2026-03-28
Is Elmcor Youth & Adult Activities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elmcor Youth & Adult Activities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elmcor Youth & Adult Activities Inc
Elmcor Youth & Adult Activities Inc (EIN: 112224539) is a nonprofit organization based in Corona, NY, classified under NTEE code F32Z. The organization reported total revenue of $12.1M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elmcor Youth & Adult Activities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elmcor Youth & Adult Activities 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: 85%
- fundraising: 5%
According to IRS 990 filings, Elmcor Youth & Adult Activities Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $9 million, and suggests either a volunteer leadership model or compensation being covered by other entities, which would warrant 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 Elmcor Youth & Adult Activities Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size (over $9M revenue) is unusual and may indicate compensation is reported elsewhere or covered by a related entity, which could obscure the full financial picture.
- Significant increase in liabilities from $228,288 in 2014 to $3,746,227 in 2023, which, while accompanied by asset growth, should be monitored.
Strengths
The following positive indicators were identified for Elmcor Youth & Adult Activities Inc:
- Strong program spending ratio, with 85% of expenses dedicated to programs in the latest filing.
- Consistent and significant revenue growth over the past decade, from $3.5 million in 2014 to $9.3 million in 2023.
- Reported 0% officer compensation across all filings, indicating a strong commitment to directing funds to mission-related activities.
- Positive net assets and consistent asset growth, demonstrating financial stability and increasing capacity.
- Efficient operations, with expenses consistently below or very close to revenue, indicating sound financial management.
Frequently Asked Questions about Elmcor Youth & Adult Activities Inc
Is Elmcor Youth & Adult Activities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmcor Youth & Adult Activities Inc (EIN: 112224539) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Elmcor Youth & Adult Activities Inc spend its money?
Elmcor Youth & Adult Activities Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elmcor Youth & Adult Activities Inc tax-deductible?
Elmcor Youth & Adult Activities Inc is registered as a tax-exempt nonprofit (EIN: 112224539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Elmcor Youth & Adult Activities Inc a good charity?
Based on the provided data, Elmcor Youth & Adult Activities Inc appears to be a good charity. It demonstrates strong program spending (85% in the latest filing), consistent revenue growth, and reports 0% officer compensation, indicating a high dedication of resources to its mission.
How has Elmcor's financial health changed over time?
Elmcor's financial health has improved significantly over time, with revenue growing from $3.5 million in 2014 to $9.3 million in 2023, and assets increasing from $4.3 million to $7.7 million in the same period. This indicates sustained growth and increasing capacity.
What is the trend in Elmcor's liabilities?
Elmcor's liabilities have generally increased over the past decade, from $228,288 in 2014 to $3,746,227 in 2023. While assets have also grown, the increase in liabilities warrants monitoring to ensure it remains manageable relative to assets and operational cash flow.
Filing History
IRS 990 filing history for Elmcor Youth & Adult Activities Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Elmcor Youth & Adult Activities Inc's revenue has grown by 169.5%, moving from $3.5M to $9.3M. Total assets increased by 90.2% over the same period, from $4.0M to $7.7M. Total functional expenses rose by 156.8%, from $3.5M to $8.9M. In its most recent filing year (2023), Elmcor Youth & Adult Activities Inc reported a surplus of $406K, with revenue exceeding expenses. The organization holds $3.7M in liabilities against $7.7M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.3M | $8.9M | $7.7M | $3.7M | — | View 990 |
| 2022 | $7.9M | $7.5M | $6.5M | $3.0M | — | View 990 |
| 2021 | $6.9M | $5.8M | $6.0M | $2.8M | — | View 990 |
| 2020 | $5.5M | $5.7M | $5.3M | $3.3M | — | View 990 |
| 2019 | $5.5M | $5.3M | $4.5M | $2.3M | — | View 990 |
| 2018 | $4.8M | $4.7M | $5.1M | $636K | — | View 990 |
| 2017 | $4.1M | $4.0M | $4.9M | $615K | — | View 990 |
| 2016 | $4.2M | $4.2M | $4.9M | $774K | — | View 990 |
| 2015 | $4.0M | $4.0M | $4.4M | $287K | — | View 990 |
| 2014 | $3.5M | $3.5M | $4.3M | $228K | — | View 990 |
| 2012 | $3.5M | $3.4M | $4.1M | $556K | — | View 990 |
| 2011 | $3.5M | $3.5M | $4.0M | $523K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.3M, expenses of $8.9M, and assets of $7.7M (revenue +17.7% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.5M, and assets of $6.5M (revenue +15.3% year-over-year).
- 2021: Revenue of $6.9M, expenses of $5.8M, and assets of $6.0M (revenue +24.5% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.7M, and assets of $5.3M (revenue -0.4% year-over-year).
- 2019: Revenue of $5.5M, expenses of $5.3M, and assets of $4.5M (revenue +14.4% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.7M, and assets of $5.1M (revenue +17.4% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $4.9M (revenue -2.5% year-over-year).
- 2016: Revenue of $4.2M, expenses of $4.2M, and assets of $4.9M (revenue +4.6% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.0M, and assets of $4.4M (revenue +14.4% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $4.3M (revenue +0.9% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $4.1M (revenue +1.3% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.5M, and assets of $4.0M.
Data Sources and Methodology
This transparency report for Elmcor Youth & Adult Activities 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.