Fiorello H Laguardia Community
Fiorello H Laguardia Community shows consistent asset growth but experienced a deficit in 2023.
EIN: 113623769 · Long Island City, NY · NTEE: B82 · Updated: 2026-03-28
About Fiorello H Laguardia Community
Fiorello H Laguardia Community (EIN: 113623769) is a nonprofit organization based in Long Island City, NY, classified under NTEE code B82. The organization reported total revenue of $16.8M and total assets of $29.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fiorello H Laguardia Community'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 Fiorello H Laguardia Community with a Mission Score of 85 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, Fiorello H Laguardia Community 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 consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong dedication to allocating resources directly to the organization's mission, especially for an entity with assets growing to nearly $30 million.
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 Fiorello H Laguardia Community's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($6,952,122 expenses vs. $5,519,423 revenue), indicating a deficit for that period.
- Significant year-over-year revenue fluctuation between 2022 ($11,018,849) and 2023 ($5,519,423) without immediate explanation.
Strengths
The following positive indicators were identified for Fiorello H Laguardia Community:
- Consistent asset growth over the past decade, from $5,272,583 in 2014 to $16,689,101 in 2023.
- 0% officer compensation reported across all available filings, indicating strong resource allocation to mission.
- Relatively low liabilities compared to assets, suggesting good financial health and management.
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Fiorello H Laguardia Community
Is Fiorello H Laguardia Community a good charity?
Based on the available data, Fiorello H Laguardia Community appears to be a well-managed organization with strong financial growth and a clear commitment to its mission, as evidenced by 0% officer compensation. However, the 2023 deficit warrants further investigation.
What caused the significant revenue fluctuation between 2022 and 2023?
Revenue decreased from $11,018,849 in 2022 to $5,519,423 in 2023. The reason for this substantial drop is not detailed in the provided data and would require reviewing the full 990 forms for specific explanations.
How does the organization manage its liabilities?
Liabilities have generally remained low relative to assets, ranging from $195,956 in 2021 to $1,101,699 in 2015, and standing at $615,125 in 2023. This indicates responsible financial management and a healthy balance sheet.
Filing History
IRS 990 filing history for Fiorello H Laguardia Community showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fiorello H Laguardia Community's revenue has grown by 718%, moving from $675K to $5.5M. Total assets increased by 561.8% over the same period, from $2.5M to $16.7M. Total functional expenses rose by 1220.1%, from $527K to $7.0M. In its most recent filing year (2023), Fiorello H Laguardia Community reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $615K in liabilities against $16.7M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $16.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $7.0M | $16.7M | $615K | — | View 990 |
| 2022 | $11.0M | $5.1M | $17.6M | $394K | — | View 990 |
| 2021 | $4.2M | $3.1M | $12.3M | $196K | — | View 990 |
| 2020 | $4.0M | $3.3M | $10.3M | $297K | — | View 990 |
| 2019 | $5.1M | $3.0M | $9.4M | $265K | — | View 990 |
| 2018 | $2.7M | $2.7M | $8.1M | $287K | — | View 990 |
| 2017 | $3.6M | $3.6M | $8.0M | $455K | — | View 990 |
| 2016 | $3.9M | $3.8M | $7.4M | $376K | — | View 990 |
| 2015 | $5.5M | $2.7M | $8.2M | $1.1M | — | View 990 |
| 2014 | $2.9M | $1.5M | $5.3M | $902K | — | View 990 |
| 2013 | $2.1M | $1.5M | $3.8M | $823K | — | View 990 |
| 2012 | $1.1M | $1.0M | $3.2M | $961K | — | View 990 |
| 2011 | $675K | $527K | $2.5M | $317K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $7.0M, and assets of $16.7M (revenue -49.9% year-over-year).
- 2022: Revenue of $11.0M, expenses of $5.1M, and assets of $17.6M (revenue +165.1% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.1M, and assets of $12.3M (revenue +3.4% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.3M, and assets of $10.3M (revenue -20.6% year-over-year).
- 2019: Revenue of $5.1M, expenses of $3.0M, and assets of $9.4M (revenue +86.3% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $8.1M (revenue -23.8% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.6M, and assets of $8.0M (revenue -8.8% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.8M, and assets of $7.4M (revenue -29.4% year-over-year).
- 2015: Revenue of $5.5M, expenses of $2.7M, and assets of $8.2M (revenue +90.5% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.5M, and assets of $5.3M (revenue +35.7% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.5M, and assets of $3.8M (revenue +94.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $3.2M (revenue +63.6% year-over-year).
- 2011: Revenue of $675K, expenses of $527K, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Fiorello H Laguardia Community 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.