Greater Mental Health Of New York Inc

Greater Mental Health Of New York Inc shows consistent growth and no reported officer compensation, with a recent operating deficit in 2023.

EIN: 131740002 · Tarrytown, NY · NTEE: F300 · Updated: 2026-03-28

$44.6MRevenue

$35.3MAssets

85/100Mission Score (Excellent)

F300

About Greater Mental Health Of New York Inc

Greater Mental Health Of New York Inc (EIN: 131740002) is a nonprofit organization based in Tarrytown, NY, classified under NTEE code F300. The organization reported total revenue of $44.6M and total assets of $35.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Mental Health Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Greater Mental Health Of New York Inc demonstrates a generally stable financial health, with consistent revenue growth over the past decade, increasing from $15.5 million in 2014 to $33.2 million in 2023. While the organization experienced a deficit in 2023, with expenses exceeding revenue by over $2.3 million, this follows several years of operating surpluses. The organization's assets have also grown steadily, indicating a solid financial foundation. A notable aspect of their financial management is the reported 0% officer compensation across all available filings, which suggests a commitment to directing funds towards their mission rather than executive salaries. This practice enhances their transparency and efficiency profile.

Spending efficiency appears strong given the lack of reported officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The consistent growth in both revenue and assets, alongside the absence of executive compensation, suggests a well-managed organization focused on its mission. The deficit in 2023 warrants monitoring but does not immediately indicate a systemic issue, especially given the overall growth trend.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. The 0% officer compensation is a highly transparent practice that builds trust. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for external stakeholders to fully understand how funds are allocated across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Greater Mental Health Of New York Inc 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Greater Mental Health Of New York Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 compensation was paid to officers, directors, trustees, or key employees. This is a highly unusual and positive financial practice, suggesting a strong commitment to directing all available funds towards the organization's 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 Greater Mental Health Of New York Inc's IRS 990 filings:

Operating deficit in the most recent fiscal year (2023), with expenses exceeding revenue by over $2.3 million.

Strengths

The following positive indicators were identified for Greater Mental Health Of New York Inc:

Consistent and significant revenue growth over the past decade, from $15.5M in 2014 to $33.2M in 2023.
No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Steady growth in assets, from $18.7M in 2014 to $31.0M in 2023, demonstrating financial stability.
Long history of IRS 990 filings (13 periods), indicating strong transparency and compliance.

Frequently Asked Questions about Greater Mental Health Of New York Inc

Is Greater Mental Health Of New York Inc a good charity?

Based on the available data, Greater Mental Health Of New York Inc appears to be a good charity. It demonstrates consistent growth in revenue and assets, a strong commitment to its mission by reporting 0% officer compensation, and a long history of IRS 990 filings, indicating transparency.

How has the organization's financial health changed over the past decade?

The organization's financial health has significantly improved over the past decade, with revenue growing from $15.5 million in 2014 to $33.2 million in 2023, and assets increasing from $18.7 million to $31.0 million in the same period. While there was an operating deficit in 2023, the overall trend is positive growth.

What is the significance of 0% officer compensation?

The 0% officer compensation is highly significant as it means no salaries or other compensation were reported for the organization's officers, directors, trustees, or key employees. This suggests a strong dedication to maximizing funds for programmatic activities and indicates a high level of financial efficiency and mission focus.

Should the 2023 operating deficit be a concern?

While the 2023 operating deficit of over $2.3 million (expenses of $35.5M vs. revenue of $33.2M) warrants monitoring, it does not immediately signal a major concern given the organization's overall growth trajectory and solid asset base ($31.0M). It could be due to strategic investments or temporary fluctuations, but continued deficits would require closer scrutiny.

Filing History

IRS 990 filing history for Greater Mental Health Of New York Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Greater Mental Health Of New York Inc's revenue has grown by 163.6%, moving from $12.6M to $33.2M. Total assets increased by 104.8% over the same period, from $15.2M to $31.1M. Total functional expenses rose by 190.7%, from $12.2M to $35.6M. In its most recent filing year (2023), Greater Mental Health Of New York Inc reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $11.4M in liabilities against $31.1M in assets (debt-to-asset ratio: 36.7%), resulting in net assets of $19.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$33.2M	$35.6M	$31.1M	$11.4M	—	—
2022	$36.1M	$33.2M	$32.2M	$11.4M	—	View 990
2021	$29.8M	$29.1M	$25.9M	$5.6M	—	View 990
2020	$29.4M	$27.4M	$23.8M	$5.3M	—	View 990
2019	$23.4M	$23.3M	$21.9M	$6.2M	—	View 990
2018	$20.7M	$20.4M	$20.9M	$6.4M	—	View 990
2017	$18.7M	$18.0M	$20.7M	$5.5M	—	View 990
2016	$16.6M	$16.5M	$19.2M	$5.3M	—	View 990
2015	$16.4M	$15.7M	$18.8M	$5.3M	—	View 990
2014	$15.6M	$14.3M	$18.7M	$5.5M	—	View 990
2013	$16.0M	$13.7M	$19.4M	$7.6M	—	View 990
2012	$13.0M	$12.2M	$16.8M	$7.3M	—	View 990
2011	$12.6M	$12.2M	$15.2M	$6.7M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $33.2M, expenses of $35.6M, and assets of $31.1M (revenue -8.1% year-over-year).
2022: Revenue of $36.1M, expenses of $33.2M, and assets of $32.2M (revenue +21.3% year-over-year).
2021: Revenue of $29.8M, expenses of $29.1M, and assets of $25.9M (revenue +1.2% year-over-year).
2020: Revenue of $29.4M, expenses of $27.4M, and assets of $23.8M (revenue +25.5% year-over-year).
2019: Revenue of $23.4M, expenses of $23.3M, and assets of $21.9M (revenue +13.1% year-over-year).
2018: Revenue of $20.7M, expenses of $20.4M, and assets of $20.9M (revenue +10.9% year-over-year).
2017: Revenue of $18.7M, expenses of $18.0M, and assets of $20.7M (revenue +12.4% year-over-year).
2016: Revenue of $16.6M, expenses of $16.5M, and assets of $19.2M (revenue +1.4% year-over-year).
2015: Revenue of $16.4M, expenses of $15.7M, and assets of $18.8M (revenue +5.0% year-over-year).
2014: Revenue of $15.6M, expenses of $14.3M, and assets of $18.7M (revenue -2.3% year-over-year).
2013: Revenue of $16.0M, expenses of $13.7M, and assets of $19.4M (revenue +23.0% year-over-year).
2012: Revenue of $13.0M, expenses of $12.2M, and assets of $16.8M (revenue +3.0% year-over-year).
2011: Revenue of $12.6M, expenses of $12.2M, and assets of $15.2M.

Data Sources and Methodology

This transparency report for Greater Mental Health Of New York 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.