Hotel Association Of New York City Inc
Hotel Association Of New York City Inc reports recurring deficits and significant liabilities despite no officer compensation.
EIN: 130855500 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.1M |
| Total Expenses | $6.7M |
| Program Spending | 70% |
| Net Assets | $3.5M |
| Transparency Score | 65/100 |
Is Hotel Association Of New York City Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hotel Association Of New York City Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hotel Association Of New York City Inc
Hotel Association Of New York City Inc (EIN: 130855500) is a nonprofit organization based in New York, NY. The organization reported total revenue of $10.1M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hotel Association Of New York City Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hotel Association Of New York City Inc is a large nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $6.7M |
| Surplus / Deficit | $-1,500,618 |
| Total Assets | $7.7M |
| Total Liabilities | $4.2M |
| Net Assets | $3.5M |
| Operating Margin | -29.0% |
| Debt-to-Asset Ratio | 54.2% |
| Months of Reserves | 13.8 months |
Financial Health Grade: C
In 2023, Hotel Association Of New York City Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 54.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hotel Association Of New York City Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.6% | +5.6% | -20.2% |
| 2022 | -33.6% | -14.6% | -10.6% |
| 2021 | -13.4% | +20.7% | +3.5% |
| 2020 | -27.0% | -30.0% | +23.0% |
| 2019 | -13.9% | +4.1% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
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 Hotel Association Of New York City 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hotel Association Of New York City Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a strong positive for transparency and suggests that leadership may be volunteer-based or compensated through other means not reflected 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 Hotel Association Of New York City Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $1.5M in 2023, $2.2M in 2022, $1.2M in 2021)
- Significant and increasing liabilities relative to assets ($4.1M in liabilities against $7.6M assets in 2023)
- Declining revenue trend from 2018 peak ($11.3M) to 2023 ($5.1M)
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Hotel Association Of New York City Inc:
- No officer compensation reported across all filings, indicating strong transparency in executive pay.
- Maintains substantial assets ($7.6M in 2023) despite recent deficits.
- Long history of IRS 990 filings (13 filings), suggesting consistent reporting.
Frequently Asked Questions about Hotel Association Of New York City Inc
Is Hotel Association Of New York City Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hotel Association Of New York City Inc (EIN: 130855500) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Hotel Association Of New York City Inc spend its money?
Hotel Association Of New York City Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hotel Association Of New York City Inc tax-deductible?
Hotel Association Of New York City Inc is registered as a tax-exempt nonprofit (EIN: 130855500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hotel Association Of New York City Inc's spending goes to programs?
Hotel Association Of New York City Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Hotel Association Of New York City Inc located?
Hotel Association Of New York City Inc is headquartered in New York, New York and files with the IRS under EIN 130855500.
How many years of IRS 990 filings does Hotel Association Of New York City Inc have?
Hotel Association Of New York City Inc has 13 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 $10.1M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown, making it difficult to precisely assess the allocation of funds to programs versus overhead. This information is crucial for understanding spending efficiency.
What is the reason for the recurring deficits in recent years?
The organization has reported expenses exceeding revenues in 2021, 2022, and 2023. For example, in 2023, expenses were $6,675,765 against revenues of $5,175,147. The specific reasons for these deficits are not detailed in the provided summary data.
How does the organization manage its significant liabilities?
Liabilities have been substantial, reaching $4,171,817 in 2023. While assets are higher, the proportion of liabilities to assets is considerable, raising questions about financial risk management and long-term solvency.
Filing History
IRS 990 filing history for Hotel Association Of New York City Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hotel Association Of New York City Inc's revenue has grown by 18.4%, moving from $4.4M to $5.2M. Total assets increased by 119.4% over the same period, from $3.5M to $7.7M. Total functional expenses rose by 68.5%, from $4.0M to $6.7M. In its most recent filing year (2023), Hotel Association Of New York City Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $4.2M in liabilities against $7.7M in assets (debt-to-asset ratio: 54.2%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $6.7M | $7.7M | $4.2M | — | — |
| 2022 | $4.1M | $6.3M | $9.6M | $5.4M | — | View 990 |
| 2021 | $6.2M | $7.4M | $10.8M | $3.5M | — | View 990 |
| 2020 | $7.1M | $6.1M | $10.4M | $1.8M | — | View 990 |
| 2019 | $9.7M | $8.8M | $8.5M | $859K | — | — |
| 2018 | $11.3M | $8.4M | $8.1M | $1.6M | — | View 990 |
| 2017 | $8.7M | $8.4M | $6.0M | $2.3M | — | View 990 |
| 2016 | $7.3M | $8.9M | $5.6M | $2.1M | — | View 990 |
| 2015 | $6.8M | $5.7M | $5.8M | $643K | — | View 990 |
| 2014 | $5.8M | $5.1M | $4.4M | $281K | — | View 990 |
| 2013 | $4.6M | $4.6M | $3.8M | $421K | — | View 990 |
| 2012 | $4.6M | $4.4M | $4.2M | $896K | — | View 990 |
| 2011 | $4.4M | $4.0M | $3.5M | $389K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $6.7M, and assets of $7.7M (revenue +26.6% year-over-year).
- 2022: Revenue of $4.1M, expenses of $6.3M, and assets of $9.6M (revenue -33.6% year-over-year).
- 2021: Revenue of $6.2M, expenses of $7.4M, and assets of $10.8M (revenue -13.4% year-over-year).
- 2020: Revenue of $7.1M, expenses of $6.1M, and assets of $10.4M (revenue -27.0% year-over-year).
- 2019: Revenue of $9.7M, expenses of $8.8M, and assets of $8.5M (revenue -13.9% year-over-year).
- 2018: Revenue of $11.3M, expenses of $8.4M, and assets of $8.1M (revenue +30.4% year-over-year).
- 2017: Revenue of $8.7M, expenses of $8.4M, and assets of $6.0M (revenue +19.0% year-over-year).
- 2016: Revenue of $7.3M, expenses of $8.9M, and assets of $5.6M (revenue +7.8% year-over-year).
- 2015: Revenue of $6.8M, expenses of $5.7M, and assets of $5.8M (revenue +16.4% year-over-year).
- 2014: Revenue of $5.8M, expenses of $5.1M, and assets of $4.4M (revenue +27.3% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.6M, and assets of $3.8M (revenue -0.8% year-over-year).
- 2012: Revenue of $4.6M, expenses of $4.4M, and assets of $4.2M (revenue +5.3% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.0M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hotel Association Of New York City Inc:
Data Sources and Methodology
This transparency report for Hotel Association Of New York City 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.