Greater Ridgewood Youth Council Inc
Greater Ridgewood Youth Council Inc shows consistent revenue growth and no reported officer compensation, operating with tight margins.
EIN: 112518141 · Ridgewood, NY · NTEE: P120 · Updated: 2026-03-28
Is Greater Ridgewood Youth Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Ridgewood Youth Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Ridgewood Youth Council Inc
Greater Ridgewood Youth Council Inc (EIN: 112518141) is a nonprofit organization based in Ridgewood, NY, classified under NTEE code P120. The organization reported total revenue of $16.6M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Ridgewood Youth Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Ridgewood Youth Council Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.7M |
| Total Expenses | $15.1M |
| Surplus / Deficit | $-434,382 |
| Total Assets | $6.0M |
| Total Liabilities | $2.8M |
| Net Assets | $3.2M |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Greater Ridgewood Youth Council Inc reported a deficit of $434K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Ridgewood Youth Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +18.4% | -13.7% |
| 2022 | +51.7% | +41.0% | +6.9% |
| 2021 | -18.4% | -16.9% | -16.3% |
| 2020 | -5.6% | -8.0% | +17.8% |
| 2019 | -4.1% | +0.3% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Greater Ridgewood Youth Council Inc 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, Greater Ridgewood Youth Council Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $434K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $14 million in annual revenue. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within their financial reporting, warranting further inquiry for complete transparency.
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 Ridgewood Youth Council Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization of this size, which is highly unusual and may obscure actual executive remuneration.
- Expenses frequently exceed revenue, as seen in 202306, 202106, 202006, 201906, and 201806, indicating tight operational margins that could impact long-term sustainability if not addressed.
Strengths
The following positive indicators were identified for Greater Ridgewood Youth Council Inc:
- Strong and consistent revenue growth, nearly tripling from $6 million in 2014 to over $14 million in 2023, demonstrating effective fundraising and program expansion.
- Robust asset base ($6,021,228 in 202306) relative to liabilities ($2,826,157 in 202306), indicating financial stability.
- Long and consistent filing history (13 filings), suggesting a commitment to transparency and compliance with IRS regulations.
Frequently Asked Questions about Greater Ridgewood Youth Council Inc
Is Greater Ridgewood Youth Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Ridgewood Youth Council Inc (EIN: 112518141) some concerns. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
How does Greater Ridgewood Youth Council Inc spend its money?
Greater Ridgewood Youth Council Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Ridgewood Youth Council Inc tax-deductible?
Greater Ridgewood Youth Council Inc is registered as a tax-exempt nonprofit (EIN: 112518141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Greater Ridgewood Youth Council Inc manage to operate with 0% reported officer compensation given its scale?
The consistent reporting of 0% officer compensation across all 13 filings, despite annual revenues exceeding $14 million, is highly unusual. It suggests that executive leadership may be entirely volunteer-based, compensated through other non-officer categories, or that the organization has a unique operational structure. Further investigation into their detailed compensation practices would be beneficial for full understanding.
What is the organization's strategy for managing expenses that sometimes exceed revenue?
In several periods, such as 202306 ($15,137,518 expenses vs. $14,703,136 revenue) and 202106 ($9,064,164 expenses vs. $8,713,714 revenue), expenses have slightly exceeded revenue. While not a significant deficit, it indicates tight operational margins. The organization likely relies on accumulated assets or specific grant cycles to cover these shortfalls, but consistent small deficits could impact long-term financial stability if not managed strategically.
How has the organization managed to nearly triple its revenue from 2014 to 2023?
The organization's revenue grew from $6,022,101 in 201406 to $14,703,136 in 202306, indicating substantial growth. This growth likely stems from successful grant acquisition, expansion of programs, increased government contracts, or effective fundraising campaigns, reflecting a strong ability to secure funding for its mission.
Filing History
IRS 990 filing history for Greater Ridgewood Youth Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Ridgewood Youth Council Inc's revenue has grown by 247.3%, moving from $4.2M to $14.7M. Total assets increased by 248.3% over the same period, from $1.7M to $6.0M. Total functional expenses rose by 248.8%, from $4.3M to $15.1M. In its most recent filing year (2023), Greater Ridgewood Youth Council Inc reported a deficit of $434K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $6.0M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.7M | $15.1M | $6.0M | $2.8M | — | — |
| 2022 | $13.2M | $12.8M | $7.0M | $3.3M | — | View 990 |
| 2021 | $8.7M | $9.1M | $6.5M | $3.3M | — | — |
| 2020 | $10.7M | $10.9M | $7.8M | $4.3M | — | View 990 |
| 2019 | $11.3M | $11.9M | $6.6M | $2.9M | — | View 990 |
| 2018 | $11.8M | $11.8M | $7.8M | $3.5M | — | View 990 |
| 2017 | $11.3M | $10.1M | $7.5M | $3.1M | — | View 990 |
| 2016 | $9.8M | $9.4M | $5.5M | $2.3M | — | View 990 |
| 2015 | $8.7M | $8.5M | $5.2M | $2.4M | — | View 990 |
| 2014 | $6.0M | $4.4M | $3.9M | $1.3M | — | View 990 |
| 2013 | $4.3M | $4.5M | $2.0M | $1.0M | — | View 990 |
| 2012 | $4.7M | $4.6M | $2.1M | $870K | — | View 990 |
| 2011 | $4.2M | $4.3M | $1.7M | $679K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.7M, expenses of $15.1M, and assets of $6.0M (revenue +11.2% year-over-year).
- 2022: Revenue of $13.2M, expenses of $12.8M, and assets of $7.0M (revenue +51.7% year-over-year).
- 2021: Revenue of $8.7M, expenses of $9.1M, and assets of $6.5M (revenue -18.4% year-over-year).
- 2020: Revenue of $10.7M, expenses of $10.9M, and assets of $7.8M (revenue -5.6% year-over-year).
- 2019: Revenue of $11.3M, expenses of $11.9M, and assets of $6.6M (revenue -4.1% year-over-year).
- 2018: Revenue of $11.8M, expenses of $11.8M, and assets of $7.8M (revenue +4.5% year-over-year).
- 2017: Revenue of $11.3M, expenses of $10.1M, and assets of $7.5M (revenue +14.8% year-over-year).
- 2016: Revenue of $9.8M, expenses of $9.4M, and assets of $5.5M (revenue +13.6% year-over-year).
- 2015: Revenue of $8.7M, expenses of $8.5M, and assets of $5.2M (revenue +43.7% year-over-year).
- 2014: Revenue of $6.0M, expenses of $4.4M, and assets of $3.9M (revenue +39.5% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.5M, and assets of $2.0M (revenue -9.0% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.6M, and assets of $2.1M (revenue +12.1% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.3M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Greater Ridgewood Youth Council 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.