Gurwin Jewish Fay J Lindner Residences Inc
Gurwin Jewish Fay J Lindner Residences Inc. shows stable revenue but declining assets and high liabilities over the past decade.
EIN: 113342472 · Commack, NY · NTEE: L220 · Updated: 2026-03-28
About Gurwin Jewish Fay J Lindner Residences Inc
Gurwin Jewish Fay J Lindner Residences Inc (EIN: 113342472) is a nonprofit organization based in Commack, NY, classified under NTEE code L220. The organization reported total revenue of $14.8M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gurwin Jewish Fay J Lindner Residences Inc'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 Gurwin Jewish Fay J Lindner Residences Inc with a Mission Score of 70 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: 85%
- fundraising: 5%
According to IRS 990 filings, Gurwin Jewish Fay J Lindner Residences Inc 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
The organization consistently reports 0% officer compensation across all available filings, suggesting either that executive compensation is not paid or is reported under other expense categories, which could be a positive sign for resource allocation.
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 Gurwin Jewish Fay J Lindner Residences Inc's IRS 990 filings:
- Significant and persistent net deficit (liabilities consistently exceed assets, e.g., $32.1M liabilities vs. $17.1M assets in 2023).
- Consistent decline in total assets over the past decade (from $28.6M in 2014 to $17.1M in 2023).
Strengths
The following positive indicators were identified for Gurwin Jewish Fay J Lindner Residences Inc:
- Consistent revenue generation, with latest revenue at $14,790,589.
- Stable operational expenses, generally in line with revenue.
- No reported officer compensation across all filings, suggesting efficient use of funds at the executive level or alternative reporting.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Gurwin Jewish Fay J Lindner Residences Inc
What is the nature of the significant liabilities reported by the organization?
The filings consistently show liabilities significantly exceeding assets (e.g., $32,128,305 in liabilities vs. $17,073,966 in assets in 2023), which warrants further investigation into their composition (e.g., mortgages, bonds, program-related debt).
Why have the organization's assets decreased by over $11 million since 2014?
Assets have declined from $28,598,031 in 2014 to $17,073,966 in 2023. Understanding the reasons for this substantial decrease, such as depreciation, asset sales, or reclassification, is crucial for assessing long-term financial health.
How does the organization manage its net deficit (liabilities exceeding assets)?
With liabilities consistently higher than assets, the organization operates with a net deficit. Understanding the strategy for managing this financial structure and its implications for sustainability is important.
Filing History
IRS 990 filing history for Gurwin Jewish Fay J Lindner Residences Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gurwin Jewish Fay J Lindner Residences Inc's revenue has declined by 4.7%, moving from $14.7M to $14.0M. Total assets decreased by 51.6% over the same period, from $35.3M to $17.1M. Total functional expenses fell by 12.7%, from $16.2M to $14.1M. In its most recent filing year (2023), Gurwin Jewish Fay J Lindner Residences Inc reported a deficit of $172K, with expenses exceeding revenue. The organization holds $32.1M in liabilities against $17.1M in assets (debt-to-asset ratio: 188.2%), resulting in net assets of $-15,054,339.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $14.1M | $17.1M | $32.1M | — | — |
| 2022 | $12.6M | $14.1M | $16.3M | $31.2M | — | View 990 |
| 2021 | $14.5M | $14.5M | $18.4M | $31.8M | — | View 990 |
| 2020 | $16.0M | $16.0M | $20.7M | $34.1M | — | View 990 |
| 2019 | $16.2M | $16.2M | $20.7M | $34.2M | — | View 990 |
| 2018 | $16.1M | $16.1M | $22.3M | $35.8M | — | View 990 |
| 2017 | $15.7M | $15.6M | $23.4M | $36.9M | — | View 990 |
| 2016 | $15.5M | $15.9M | $25.3M | $38.7M | — | View 990 |
| 2015 | $15.1M | $15.6M | $27.1M | $40.1M | — | View 990 |
| 2014 | $15.3M | $15.6M | $28.6M | $41.2M | — | View 990 |
| 2013 | $15.1M | $16.0M | $32.3M | $44.6M | — | View 990 |
| 2012 | $14.8M | $15.7M | $34.0M | $45.4M | — | View 990 |
| 2011 | $14.7M | $16.2M | $35.3M | $45.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $14.1M, and assets of $17.1M (revenue +10.9% year-over-year).
- 2022: Revenue of $12.6M, expenses of $14.1M, and assets of $16.3M (revenue -13.1% year-over-year).
- 2021: Revenue of $14.5M, expenses of $14.5M, and assets of $18.4M (revenue -9.6% year-over-year).
- 2020: Revenue of $16.0M, expenses of $16.0M, and assets of $20.7M (revenue -0.9% year-over-year).
- 2019: Revenue of $16.2M, expenses of $16.2M, and assets of $20.7M (revenue +0.5% year-over-year).
- 2018: Revenue of $16.1M, expenses of $16.1M, and assets of $22.3M (revenue +2.7% year-over-year).
- 2017: Revenue of $15.7M, expenses of $15.6M, and assets of $23.4M (revenue +1.3% year-over-year).
- 2016: Revenue of $15.5M, expenses of $15.9M, and assets of $25.3M (revenue +2.5% year-over-year).
- 2015: Revenue of $15.1M, expenses of $15.6M, and assets of $27.1M (revenue -1.4% year-over-year).
- 2014: Revenue of $15.3M, expenses of $15.6M, and assets of $28.6M (revenue +1.6% year-over-year).
- 2013: Revenue of $15.1M, expenses of $16.0M, and assets of $32.3M (revenue +2.1% year-over-year).
- 2012: Revenue of $14.8M, expenses of $15.7M, and assets of $34.0M (revenue +0.9% year-over-year).
- 2011: Revenue of $14.7M, expenses of $16.2M, and assets of $35.3M.
Data Sources and Methodology
This transparency report for Gurwin Jewish Fay J Lindner Residences 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.