Fiorello H Laguardia Community College Auxiliary Enterprises Corp
Fiorello H Laguardia Community College Auxiliary Enterprises Corp consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 113077745 · Long Island City, NY · NTEE: B110 · Updated: 2026-03-28
About Fiorello H Laguardia Community College Auxiliary Enterprises Corp
Fiorello H Laguardia Community College Auxiliary Enterprises Corp (EIN: 113077745) is a nonprofit organization based in Long Island City, NY, classified under NTEE code B110. The organization reported total revenue of $3.1M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fiorello H Laguardia Community College Auxiliary Enterprises Corp'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 College Auxiliary Enterprises Corp 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Fiorello H Laguardia Community College Auxiliary Enterprises Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either uncompensated or compensated through mechanisms not reported as officer compensation on the 990, which is highly unusual for an organization with over $3 million in annual revenue.
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 College Auxiliary Enterprises Corp's IRS 990 filings:
- Zero reported officer compensation, which, while positive for efficiency, can sometimes obscure how leadership is truly compensated if not volunteer-based.
Strengths
The following positive indicators were identified for Fiorello H Laguardia Community College Auxiliary Enterprises Corp:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $3.2M revenue vs $2.0M expenses in 202406).
- Strong and consistent asset growth, from $5.3M in 201506 to $12.1M in 202406.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- Low liabilities relative to assets, suggesting good financial health (e.g., $607,133 liabilities vs $12,132,789 assets in 202406).
- Consistent filing history (14 filings) demonstrates strong transparency and compliance.
Frequently Asked Questions about Fiorello H Laguardia Community College Auxiliary Enterprises Corp
Is Fiorello H Laguardia Community College Auxiliary Enterprises Corp a good charity?
Based on its financial performance, consistent surpluses, asset growth from $5.3M to $12.1M over 10 years, and zero reported officer compensation, it appears to be a very well-managed and efficient organization. Its financial health and apparent dedication to its mission without high executive salaries are strong indicators of a 'good charity'.
How has the organization's financial stability changed over the last five years?
The organization has shown strong financial stability over the last five years. Revenue has fluctuated but generally remained robust (e.g., $3.2M in 202406), and expenses have been well-managed, leading to consistent surpluses. Assets have grown significantly from $8,028,386 in 202006 to $12,132,789 in 202406, demonstrating increasing financial strength.
What is the trend in the organization's assets?
The organization's assets have shown a consistent and strong upward trend, nearly doubling from $6,386,645 in 201606 to $12,132,789 in 202406. This indicates effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Fiorello H Laguardia Community College Auxiliary Enterprises Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fiorello H Laguardia Community College Auxiliary Enterprises Corp's revenue has grown by 101.2%, moving from $1.6M to $3.2M. Total assets increased by 298.7% over the same period, from $3.0M to $12.1M. Total functional expenses rose by 28.3%, from $1.6M to $2.1M. In its most recent filing year (2024), Fiorello H Laguardia Community College Auxiliary Enterprises Corp reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $607K in liabilities against $12.1M in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $3.2M | $2.1M | $12.1M | $607K | — | View 990 |
| 2023 | $2.8M | $1.8M | $10.7M | $485K | — | View 990 |
| 2022 | $3.1M | $1.4M | $9.7M | $513K | — | View 990 |
| 2021 | $1.4M | $1.4M | $7.9M | $80K | — | View 990 |
| 2020 | $2.6M | $3.1M | $8.0M | $193K | — | View 990 |
| 2019 | $3.0M | $2.5M | $8.7M | $407K | — | View 990 |
| 2018 | $2.9M | $2.3M | $8.4M | $640K | — | View 990 |
| 2017 | $3.0M | $1.9M | $7.6M | $526K | — | View 990 |
| 2016 | $2.8M | $1.9M | $6.4M | $437K | — | View 990 |
| 2015 | $2.4M | $1.6M | $5.4M | $417K | — | View 990 |
| 2014 | $2.4M | $1.5M | $4.8M | $572K | — | View 990 |
| 2013 | $2.1M | $1.8M | $3.8M | $474K | — | View 990 |
| 2012 | $1.8M | $1.6M | $3.4M | $363K | — | View 990 |
| 2011 | $1.6M | $1.6M | $3.0M | $304K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.2M, expenses of $2.1M, and assets of $12.1M (revenue +13.5% year-over-year).
- 2023: Revenue of $2.8M, expenses of $1.8M, and assets of $10.7M (revenue -7.0% year-over-year).
- 2022: Revenue of $3.1M, expenses of $1.4M, and assets of $9.7M (revenue +124.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $7.9M (revenue -46.8% year-over-year).
- 2020: Revenue of $2.6M, expenses of $3.1M, and assets of $8.0M (revenue -15.2% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.5M, and assets of $8.7M (revenue +2.8% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.3M, and assets of $8.4M (revenue -2.9% year-over-year).
- 2017: Revenue of $3.0M, expenses of $1.9M, and assets of $7.6M (revenue +6.0% year-over-year).
- 2016: Revenue of $2.8M, expenses of $1.9M, and assets of $6.4M (revenue +20.4% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.6M, and assets of $5.4M (revenue -1.6% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.5M, and assets of $4.8M (revenue +15.9% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.8M, and assets of $3.8M (revenue +12.7% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $3.4M (revenue +14.7% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Fiorello H Laguardia Community College Auxiliary Enterprises Corp 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.