Girls Incorporated Of New York City
Girls Incorporated Of New York City reports a $916,490 deficit in 202306 after several years of revenue growth and surpluses.
EIN: 134028433 · New York, NY · NTEE: R30 · Updated: 2026-03-28
Is Girls Incorporated Of New York City Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Girls Incorporated Of New York City directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Girls Incorporated Of New York City
Girls Incorporated Of New York City (EIN: 134028433) is a nonprofit organization based in New York, NY, classified under NTEE code R30. The organization reported total revenue of $6.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Girls Incorporated Of New York City'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 Girls Incorporated Of New York City with a Mission Score of 88 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, Girls Incorporated Of New York City 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 with annual revenues in the millions and suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 Girls Incorporated Of New York City's IRS 990 filings:
- Significant deficit in the most recent fiscal year (202306) of $916,490, where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Girls Incorporated Of New York City:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Strong revenue growth over the past decade, from $1.48 million in 201406 to $4.58 million in 202306.
- Positive net asset growth over the long term, demonstrating financial stability.
- History of surpluses in multiple years (e.g., $974,750 in 202206, $584,691 in 202106).
Frequently Asked Questions about Girls Incorporated Of New York City
Is Girls Incorporated Of New York City a legitimate charity?
Based on AI analysis of IRS 990 filings, Girls Incorporated Of New York City (EIN: 134028433) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Girls Incorporated Of New York City spend its money?
Girls Incorporated Of New York City directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Girls Incorporated Of New York City tax-deductible?
Girls Incorporated Of New York City is registered as a tax-exempt nonprofit (EIN: 134028433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Girls Incorporated Of New York City a good charity?
Based on the available data, Girls Incorporated Of New York City appears to be a good charity. It demonstrates strong program focus with 0% officer compensation, indicating efficient use of funds. While there was a deficit in the most recent year (202306), the organization has a history of revenue growth and surpluses, suggesting a generally healthy financial position.
What caused the significant deficit in the 202306 period?
The provided data does not specify the exact causes of the $916,490 deficit in 202306. It could be due to increased program expenses, one-time investments, or a temporary dip in fundraising. Further investigation into the detailed expense categories would be needed to understand this.
How does the organization sustain itself without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated by a related entity, or that the compensation is structured in a way not reported as 'officer compensation' on the 990, such as through a management service agreement. This is a significant factor in its financial efficiency.
What is the trend in the organization's net assets?
The organization's net assets have generally increased over the past decade, from $704,307 (Assets $777,726 - Liabilities $73,419) in 201406 to $1,597,554 (Assets $1,809,232 - Liabilities $211,678) in 202306, indicating long-term financial growth despite recent fluctuations.
Filing History
IRS 990 filing history for Girls Incorporated Of New York City showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Girls Incorporated Of New York City's revenue has grown by 397.3%, moving from $921K to $4.6M. Total assets increased by 628% over the same period, from $249K to $1.8M. Total functional expenses rose by 505.4%, from $908K to $5.5M. In its most recent filing year (2023), Girls Incorporated Of New York City reported a deficit of $916K, with expenses exceeding revenue. The organization holds $212K in liabilities against $1.8M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $5.5M | $1.8M | $212K | — | View 990 |
| 2022 | $5.2M | $4.2M | $2.5M | $102K | — | View 990 |
| 2021 | $3.8M | $3.2M | $1.6M | $73K | — | View 990 |
| 2020 | $3.1M | $3.5M | $1.6M | $622K | — | View 990 |
| 2019 | $3.3M | $3.4M | $1.5M | $120K | — | View 990 |
| 2018 | $3.3M | $2.9M | $1.6M | $80K | — | View 990 |
| 2017 | $3.5M | $2.7M | $1.3M | $127K | — | View 990 |
| 2016 | $2.6M | $2.8M | $359K | $70K | — | View 990 |
| 2015 | $2.1M | $2.3M | $606K | $69K | — | View 990 |
| 2014 | $1.5M | $1.2M | $778K | $73K | — | View 990 |
| 2013 | $1.2M | $1.2M | $420K | $40K | — | View 990 |
| 2012 | $1.2M | $962K | $447K | $39K | — | View 990 |
| 2011 | $921K | $908K | $249K | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $5.5M, and assets of $1.8M (revenue -11.7% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.2M, and assets of $2.5M (revenue +37.1% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.2M, and assets of $1.6M (revenue +23.6% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.5M, and assets of $1.6M (revenue -6.0% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.4M, and assets of $1.5M (revenue -2.0% year-over-year).
- 2018: Revenue of $3.3M, expenses of $2.9M, and assets of $1.6M (revenue -5.5% year-over-year).
- 2017: Revenue of $3.5M, expenses of $2.7M, and assets of $1.3M (revenue +36.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.8M, and assets of $359K (revenue +20.3% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.3M, and assets of $606K (revenue +43.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $778K (revenue +24.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $420K (revenue -1.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $962K, and assets of $447K (revenue +31.3% year-over-year).
- 2011: Revenue of $921K, expenses of $908K, and assets of $249K.
Data Sources and Methodology
This transparency report for Girls Incorporated Of New York City 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.