Excess Line Association Of New York
Excess Line Association Of New York: Stable Finances, High Administrative Costs
EIN: 222937521 · New York, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $15.9M |
| Total Expenses | $12.0M |
| Program Spending | 50% |
| Net Assets | $37.9M |
| Transparency Score | 65/100 |
Is Excess Line Association Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Excess Line Association Of New York directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Excess Line Association Of New York
Excess Line Association Of New York (EIN: 222937521) is a nonprofit organization based in New York, NY. The organization reported total revenue of $15.9M and total assets of $48.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Excess Line Association Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Excess Line Association Of New York is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.1M |
| Total Expenses | $12.0M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $47.2M |
| Total Liabilities | $9.3M |
| Net Assets | $37.9M |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 19.7% |
| Months of Reserves | 47.4 months |
Financial Health Grade: A
In 2023, Excess Line Association Of New York reported a surplus of $2.2M with revenue exceeding expenses, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 19.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Excess Line Association Of New York's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +16.3% | +5.3% |
| 2022 | +23.3% | +9.5% | +24.0% |
| 2021 | +24.0% | +6.6% | +4.9% |
| 2020 | -0.8% | +13.7% | +1.3% |
| 2019 | +10.0% | +13.0% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Excess Line Association Of New York 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Excess Line Association Of New York allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% 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 $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided summary data, making a specific assessment difficult without further access to detailed Form 990s.
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 Excess Line Association Of New York's IRS 990 filings:
- High administrative expenses relative to program spending, suggesting potential inefficiencies.
- Lack of detailed program expense breakdown in summary data.
- No clear indication of specific program activities or impact metrics.
Strengths
The following positive indicators were identified for Excess Line Association Of New York:
- Consistent revenue growth over the past several years, indicating financial stability.
- Healthy asset base of $48,105,714, providing a strong financial foundation.
- Low liability-to-asset ratio, suggesting good financial health.
Frequently Asked Questions about Excess Line Association Of New York
Is Excess Line Association Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Excess Line Association Of New York (EIN: 222937521) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Excess Line Association Of New York spend its money?
Excess Line Association Of New York directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Excess Line Association Of New York tax-deductible?
Excess Line Association Of New York is registered as a tax-exempt nonprofit (EIN: 222937521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Excess Line Association Of New York's spending goes to programs?
Excess Line Association Of New York directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Excess Line Association Of New York located?
Excess Line Association Of New York is headquartered in New York, New York and files with the IRS under EIN 222937521.
How many years of IRS 990 filings does Excess Line Association Of New York have?
Excess Line Association Of New York 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 $15.9M in total revenue.
What does Excess Line Association Of New York do?
Excess Line Association Of New York is a nonprofit organization in the Unknown sector, located in New York, New York. It is classified under NTEE code Unknown.
How much revenue does Excess Line Association Of New York have?
Excess Line Association Of New York reported total revenue of $15,852,762. Based on 13 IRS 990 filings on record.
What are Excess Line Association Of New York's total assets?
Excess Line Association Of New York holds total assets of $48,105,714 as reported in IRS 990 filings.
Where is Excess Line Association Of New York located?
Excess Line Association Of New York is based in New York, New York.
What is Excess Line Association Of New York's EIN?
Excess Line Association Of New York's Employer Identification Number (EIN) is 222937521. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Excess Line Association Of New York?
Excess Line Association Of New York is classified under NTEE code Unknown (Unknown).
Is Excess Line Association Of New York a registered 501(c)(3)?
Excess Line Association Of New York appears in IRS records (EIN: 222937521). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Excess Line Association Of New York file IRS Form 990?
Yes, Excess Line Association Of New York has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Excess Line Association Of New York's revenue in 2023?
In the 202312 filing period, Excess Line Association Of New York reported total revenue of $14,106,907, total expenses of $11,952,014, and net assets of $47,244,587.
Is Excess Line Association Of New York's revenue growing or declining?
Excess Line Association Of New York's revenue is relatively stable. Revenue went from $13,861,603 (202212) to $14,106,907 (202312), a +1.8% change. Based on 13 filings on record.
What is Excess Line Association Of New York's most recent 990 filing?
The most recent IRS Form 990 filing for Excess Line Association Of New York covers tax period 202312. It shows revenue of $14,106,907, expenses of $11,952,014, total assets of $47,244,587, and liabilities of $9,295,490.
How much does Excess Line Association Of New York spend on programs vs administration?
Based on IRS 990 analysis, Excess Line Association Of New York allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Excess Line Association Of New York a trustworthy charity?
Based on AI analysis of IRS 990 data, Excess Line Association Of New York shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Excess Line Association Of New York?
The following concerns were identified: High administrative expenses relative to program spending, suggesting potential inefficiencies.. Lack of detailed program expense breakdown in summary data.. No clear indication of specific program activities or impact metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Excess Line Association Of New York's strengths?
Positive indicators for Excess Line Association Of New York include: Consistent revenue growth over the past several years, indicating financial stability.. Healthy asset base of $48,105,714, providing a strong financial foundation.. Low liability-to-asset ratio, suggesting good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Excess Line Association Of New York compensate executives?
Executive compensation is not explicitly detailed in the provided summary data, making a specific assessment difficult without further access to detailed Form 990s. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Excess Line Association Of New York?
• Financial statements are publicly available through IRS Form 990 filings. • Detailed breakdowns of program expenses are not readily apparent in summary filings. • No specific transparency report or impact report was found. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'Excess Line Association' nature, how do its 'programs' directly benefit the public or its stated mission beyond regulatory functions?
Without more detailed program descriptions, it's unclear how the organization's 'programs' translate into direct public benefit beyond its regulatory or industry support role. Further investigation into its specific activities is needed.
What are the specific components contributing to the significant 'x' (expenses) figure, and how are they categorized between administrative, program, and fundraising costs?
The provided data only gives a total 'x' (expenses) figure, making it impossible to precisely break down spending into program, administrative, and fundraising categories without access to the full Form 990s. This lack of detail hinders a thorough financial analysis.
Filing History
IRS 990 filing history for Excess Line Association Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Excess Line Association Of New York's revenue has grown by 162%, moving from $5.4M to $14.1M. Total assets increased by 128.8% over the same period, from $20.6M to $47.2M. Total functional expenses rose by 114.4%, from $5.6M to $12.0M. In its most recent filing year (2023), Excess Line Association Of New York reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $9.3M in liabilities against $47.2M in assets (debt-to-asset ratio: 19.7%), resulting in net assets of $37.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.1M | $12.0M | $47.2M | $9.3M | — | — |
| 2022 | $13.9M | $10.3M | $44.9M | $9.4M | — | View 990 |
| 2021 | $11.2M | $9.4M | $36.2M | $3.4M | — | View 990 |
| 2020 | $9.1M | $8.8M | $34.5M | $3.4M | — | — |
| 2019 | $9.1M | $7.7M | $34.1M | $3.2M | — | View 990 |
| 2018 | $8.3M | $6.8M | $30.2M | $1.1M | — | View 990 |
| 2017 | $7.4M | $6.2M | $28.9M | $1.1M | — | View 990 |
| 2016 | $7.3M | $5.7M | $27.7M | $955K | — | View 990 |
| 2015 | $7.5M | $5.2M | $25.7M | $844K | — | View 990 |
| 2014 | $7.2M | $4.9M | $23.4M | $847K | — | View 990 |
| 2013 | $6.2M | $4.6M | $21.0M | $764K | — | View 990 |
| 2012 | $5.0M | $5.1M | $19.6M | $674K | — | View 990 |
| 2011 | $5.4M | $5.6M | $20.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.1M, expenses of $12.0M, and assets of $47.2M (revenue +1.8% year-over-year).
- 2022: Revenue of $13.9M, expenses of $10.3M, and assets of $44.9M (revenue +23.3% year-over-year).
- 2021: Revenue of $11.2M, expenses of $9.4M, and assets of $36.2M (revenue +24.0% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.8M, and assets of $34.5M (revenue -0.8% year-over-year).
- 2019: Revenue of $9.1M, expenses of $7.7M, and assets of $34.1M (revenue +10.0% year-over-year).
- 2018: Revenue of $8.3M, expenses of $6.8M, and assets of $30.2M (revenue +12.6% year-over-year).
- 2017: Revenue of $7.4M, expenses of $6.2M, and assets of $28.9M (revenue +1.1% year-over-year).
- 2016: Revenue of $7.3M, expenses of $5.7M, and assets of $27.7M (revenue -2.7% year-over-year).
- 2015: Revenue of $7.5M, expenses of $5.2M, and assets of $25.7M (revenue +4.1% year-over-year).
- 2014: Revenue of $7.2M, expenses of $4.9M, and assets of $23.4M (revenue +16.1% year-over-year).
- 2013: Revenue of $6.2M, expenses of $4.6M, and assets of $21.0M (revenue +24.4% year-over-year).
- 2012: Revenue of $5.0M, expenses of $5.1M, and assets of $19.6M (revenue -7.3% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.6M, and assets of $20.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Excess Line Association Of New York:
Data Sources and Methodology
This transparency report for Excess Line Association Of New York 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.