Group I Acting Company Inc
Group I Acting Company Inc faces recent operating deficits and increasing liabilities despite fluctuating revenue growth.
EIN: 132759292 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $-90,900 |
| Transparency Score | 65/100 |
Is Group I Acting Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Group I Acting Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Group I Acting Company Inc
Group I Acting Company Inc (EIN: 132759292) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $2.4M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Group I Acting Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Group I Acting Company Inc is a mid-size nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-963,212 |
| Total Assets | $1.0M |
| Total Liabilities | $1.1M |
| Net Assets | $-90,900 |
| Operating Margin | -49.0% |
| Debt-to-Asset Ratio | 108.7% |
| Months of Reserves | 4.3 months |
Financial Health Grade: C
In 2023, Group I Acting Company Inc reported a deficit of $963K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 108.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Group I Acting Company Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.0% | +118.4% | -8.6% |
| 2022 | +44.9% | +55.8% | +16.9% |
| 2021 | -37.1% | -14.9% | -7.3% |
| 2020 | -2.2% | -34.0% | +28.4% |
| 2019 | +1830.7% | +694.1% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1973 |
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 Group I Acting Company Inc with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Group I Acting Company Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $963K, with expenses exceeding revenue.
- Debt-to-asset ratio: 108.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with over $2 million in revenue and suggests a volunteer-led executive structure or compensation through other means not reported as officer compensation.
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 Group I Acting Company Inc's IRS 990 filings:
- Significant operating deficit in the latest filing (202309) where expenses exceeded revenue by over $960,000.
- Liabilities ($1,139,575) exceeded assets ($1,048,675) in the 202309 filing, indicating potential solvency issues.
- Highly fluctuating revenue and expense figures year-over-year, suggesting inconsistent financial planning or external funding reliance.
Strengths
The following positive indicators were identified for Group I Acting Company Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Long history of IRS 990 filings (14 filings), demonstrating transparency in reporting.
- Overall growth in assets over the long term, from $396,378 in 201606 to over $1 million currently.
Frequently Asked Questions about Group I Acting Company Inc
Is Group I Acting Company Inc a legitimate charity?
Group I Acting Company Inc (EIN: 132759292) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Group I Acting Company Inc spend its money?
Group I Acting Company Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Group I Acting Company Inc tax-deductible?
Group I Acting Company Inc is registered as a tax-exempt nonprofit (EIN: 132759292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Group I Acting Company Inc CEO make?
Group I Acting Company Inc's highest-compensated officer earns $2 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Group I Acting Company Inc's spending goes to programs?
Group I Acting Company Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Group I Acting Company Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Group I Acting Company Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Group I Acting Company Inc located?
Group I Acting Company Inc is headquartered in New York, New York and files with the IRS under EIN 132759292. It is classified under NTEE code A650.
How many years of IRS 990 filings does Group I Acting Company Inc have?
Group I Acting Company Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
Is Group I Acting Company Inc financially stable?
The organization's financial stability is questionable given the operating deficit of over $960,000 in 202309 (Expenses $2,929,898 vs. Revenue $1,966,686) and liabilities ($1,139,575) exceeding assets ($1,048,675) in the same period. While it has recovered from deficits in previous years, the recent trend is concerning.
How does the organization manage its executive costs?
The organization consistently reports 0% officer compensation across all 14 filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form.
What is the trend in the organization's assets and liabilities?
Assets have generally increased over time, from $396,378 in 201606 to $1,019,085 currently. However, liabilities have also seen significant increases, notably reaching $1,139,575 in 202309, surpassing assets for that period.
Filing History
IRS 990 filing history for Group I Acting Company Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Group I Acting Company Inc's revenue has declined by 17.2%, moving from $2.4M to $2.0M. Total assets increased by 508.3% over the same period, from $172K to $1.0M. Total functional expenses rose by 24.8%, from $2.3M to $2.9M. In its most recent filing year (2023), Group I Acting Company Inc reported a deficit of $963K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $1.0M in assets (debt-to-asset ratio: 108.7%), resulting in net assets of $-90,900.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.9M | $1.0M | $1.1M | — | View 990 |
| 2022 | $1.3M | $1.3M | $1.1M | $339K | — | — |
| 2021 | $923K | $861K | $981K | $106K | — | View 990 |
| 2020 | $1.5M | $1.0M | $1.1M | $226K | — | View 990 |
| 2019 | $1.5M | $1.5M | $825K | $447K | — | View 990 |
| 2018 | $78K | $193K | $915K | $504K | — | View 990 |
| 2018 | $2.0M | $1.9M | $780K | $253K | — | View 990 |
| 2017 | $2.3M | $2.2M | $564K | $132K | — | View 990 |
| 2016 | $1.9M | $1.6M | $396K | $132K | — | View 990 |
| 2015 | $2.2M | $2.2M | $416K | $422K | — | View 990 |
| 2014 | $2.3M | $2.9M | $438K | $463K | — | View 990 |
| 2013 | $3.4M | $2.8M | $1.2M | $661K | — | View 990 |
| 2012 | $2.4M | $2.4M | $281K | $273K | — | View 990 |
| 2011 | $2.4M | $2.3M | $172K | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.9M, and assets of $1.0M (revenue +47.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +44.9% year-over-year).
- 2021: Revenue of $923K, expenses of $861K, and assets of $981K (revenue -37.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.0M, and assets of $1.1M (revenue -2.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $825K (revenue +1830.7% year-over-year).
- 2018: Revenue of $78K, expenses of $193K, and assets of $915K (revenue -96.1% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $780K (revenue -15.1% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $564K (revenue +22.5% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.6M, and assets of $396K (revenue -12.2% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $416K (revenue -6.9% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.9M, and assets of $438K (revenue -31.2% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.8M, and assets of $1.2M (revenue +43.3% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $281K (revenue -0.3% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.3M, and assets of $172K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Group I Acting Company Inc:
Data Sources and Methodology
This transparency report for Group I Acting Company 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.