Inclusiv Inc
Inclusiv Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation in summary data.
EIN: 112421972 · New York, NY · NTEE: W020 · Updated: 2026-03-28
Is Inclusiv Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inclusiv Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inclusiv Inc
Inclusiv Inc (EIN: 112421972) is a nonprofit organization based in New York, NY, classified under NTEE code W020. The organization reported total revenue of $1.9B and total assets of $2.0B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inclusiv Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inclusiv Inc is a major nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.9M |
| Total Expenses | $10.1M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $72.8M |
| Total Liabilities | $47.2M |
| Net Assets | $25.5M |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 64.9% |
| Months of Reserves | 86.3 months |
Financial Health Grade: A
In 2023, Inclusiv Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 86.3 months of operating reserves (strong position), has a debt-to-asset ratio of 64.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Inclusiv Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | +17.6% | -25.4% |
| 2022 | +10.0% | +9.9% | +19.1% |
| 2021 | +41.8% | +20.7% | +57.6% |
| 2020 | +17.1% | +15.1% | +15.1% |
| 2019 | +48.7% | +8.7% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Inclusiv 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Inclusiv Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.9%.
Executive Compensation Analysis
The summary data consistently reports 0% officer compensation across all available filings, which is unusual for an organization of this size and revenue. This suggests that executive compensation might be reported in a different section of the full 990 form or is not being paid to officers in a way that triggers this specific reporting field, requiring a review of Schedule J for a complete understanding.
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 Inclusiv Inc's IRS 990 filings:
- Unclear executive compensation reporting (0% in summary data for a large organization)
Strengths
The following positive indicators were identified for Inclusiv Inc:
- Consistent and significant revenue growth (from $3.5M in 2014 to $11.9M in 2023)
- Strong asset accumulation and financial stability (assets grew from $25.6M to $72.7M over 10 years)
- Consistent positive net income (revenue consistently exceeds expenses)
- Long history of IRS 990 filings (14 filings, indicating transparency and compliance)
Frequently Asked Questions about Inclusiv Inc
Is Inclusiv Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Inclusiv Inc (EIN: 112421972) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Inclusiv Inc spend its money?
Inclusiv Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Inclusiv Inc tax-deductible?
Inclusiv Inc is registered as a tax-exempt nonprofit (EIN: 112421972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Inclusiv Inc achieve 0% officer compensation in its summary filings?
The consistent reporting of 0% officer compensation in the summary data is atypical for an organization with revenues exceeding $10 million. This could mean that compensation is reported elsewhere in the full 990 (e.g., Schedule J), or that officers are compensated through other means not captured in this specific field, or that the organization truly has no compensated officers as defined by the IRS for this summary line item. A review of the full 990, particularly Schedule J, would clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of functional expenses. To understand the exact percentages allocated to programs, administration, and fundraising, one would need to consult Part IX of the organization's full IRS Form 990.
What is the primary source of Inclusiv Inc's significant revenue growth?
While the data shows consistent revenue growth from $3.5 million in 2014 to $11.9 million in 2023, the specific sources driving this growth (e.g., grants, program service revenue, investments) are not detailed in the summary. A deeper analysis of the full 990's Part VIII (Statement of Revenue) would provide this information.
Filing History
IRS 990 filing history for Inclusiv Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Inclusiv Inc's revenue has grown by 167.3%, moving from $4.5M to $11.9M. Total assets increased by 193.3% over the same period, from $24.8M to $72.8M. Total functional expenses rose by 144.3%, from $4.1M to $10.1M. In its most recent filing year (2023), Inclusiv Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $47.2M in liabilities against $72.8M in assets (debt-to-asset ratio: 64.9%), resulting in net assets of $25.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.9M | $10.1M | $72.8M | $47.2M | — | — |
| 2022 | $12.8M | $8.6M | $97.6M | $67.7M | — | View 990 |
| 2021 | $11.7M | $7.8M | $82.0M | $56.2M | — | View 990 |
| 2020 | $8.2M | $6.5M | $52.0M | $30.1M | — | View 990 |
| 2019 | $7.0M | $5.6M | $45.2M | $25.8M | — | View 990 |
| 2018 | $4.7M | $5.2M | $39.4M | $25.6M | — | View 990 |
| 2017 | $5.5M | $4.4M | $34.0M | $19.7M | — | View 990 |
| 2016 | $4.1M | $3.6M | $28.1M | $18.2M | — | View 990 |
| 2015 | $4.1M | $4.0M | $26.0M | $16.5M | — | View 990 |
| 2014 | $3.5M | $3.5M | $25.7M | $16.4M | — | View 990 |
| 2013 | $3.6M | $3.6M | $25.6M | $16.3M | — | View 990 |
| 2012 | $5.5M | $5.1M | $28.8M | $19.5M | — | View 990 |
| 2011 | $5.2M | $4.3M | $26.8M | $17.9M | — | View 990 |
| 2010 | $4.5M | $4.1M | $24.8M | $16.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.9M, expenses of $10.1M, and assets of $72.8M (revenue -7.1% year-over-year).
- 2022: Revenue of $12.8M, expenses of $8.6M, and assets of $97.6M (revenue +10.0% year-over-year).
- 2021: Revenue of $11.7M, expenses of $7.8M, and assets of $82.0M (revenue +41.8% year-over-year).
- 2020: Revenue of $8.2M, expenses of $6.5M, and assets of $52.0M (revenue +17.1% year-over-year).
- 2019: Revenue of $7.0M, expenses of $5.6M, and assets of $45.2M (revenue +48.7% year-over-year).
- 2018: Revenue of $4.7M, expenses of $5.2M, and assets of $39.4M (revenue -14.8% year-over-year).
- 2017: Revenue of $5.5M, expenses of $4.4M, and assets of $34.0M (revenue +35.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.6M, and assets of $28.1M (revenue -0.5% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.0M, and assets of $26.0M (revenue +16.0% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $25.7M (revenue -1.5% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.6M, and assets of $25.6M (revenue -35.1% year-over-year).
- 2012: Revenue of $5.5M, expenses of $5.1M, and assets of $28.8M (revenue +6.5% year-over-year).
- 2011: Revenue of $5.2M, expenses of $4.3M, and assets of $26.8M (revenue +16.3% year-over-year).
- 2010: Revenue of $4.5M, expenses of $4.1M, and assets of $24.8M.
Data Sources and Methodology
This transparency report for Inclusiv 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.