Keene Valley Neighborhood Services Inc
Keene Valley Neighborhood Services consistently spends more than it earns, relying on assets while reporting no officer compensation.
EIN: 141364555 · Keene Valley, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $878K |
| Transparency Score | 85/100 |
Is Keene Valley Neighborhood Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keene Valley Neighborhood Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keene Valley Neighborhood Services Inc
Keene Valley Neighborhood Services Inc (EIN: 141364555) is a nonprofit organization based in Keene Valley, NY. The organization reported total revenue of $2.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keene Valley Neighborhood Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keene Valley Neighborhood Services Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-48,453 |
| Total Assets | $1.7M |
| Total Liabilities | $831K |
| Net Assets | $878K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 48.6% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Keene Valley Neighborhood Services Inc reported a deficit of $48K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Keene Valley Neighborhood Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.3% | +2.5% | -2.9% |
| 2022 | +2.4% | +9.7% | -15.9% |
| 2021 | +9.9% | +6.4% | +0.9% |
| 2020 | -4.7% | -0.5% | +5.7% |
| 2019 | +10.1% | +3.3% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Keene Valley Neighborhood Services 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Keene Valley Neighborhood Services 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign for a nonprofit of its size, with recent revenues around $2 million, suggesting a strong commitment to directing funds to its mission.
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 Keene Valley Neighborhood Services Inc's IRS 990 filings:
- Consistent operational deficits (e.g., 202306 expenses $2,027,485 vs. revenue $1,979,032)
- Decreasing asset base over the long term (from $2,208,367 in 201806 to $1,708,256 in 202306)
- Increasing liabilities over time (from $549,199 in 201706 to $830,579 in 202306)
Strengths
The following positive indicators were identified for Keene Valley Neighborhood Services Inc:
- 0% officer compensation reported across all filings, indicating high efficiency in executive pay
- Consistent filing of IRS 990s over 13 periods, demonstrating strong transparency
- Substantial asset base ($1,707,349 in latest filing) providing financial stability
- Long operational history with consistent revenue generation over $1.4 million annually
Frequently Asked Questions about Keene Valley Neighborhood Services Inc
Is Keene Valley Neighborhood Services Inc a legitimate charity?
Keene Valley Neighborhood Services Inc (EIN: 141364555) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Keene Valley Neighborhood Services Inc spend its money?
Keene Valley Neighborhood Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Keene Valley Neighborhood Services Inc tax-deductible?
Keene Valley Neighborhood Services Inc is registered as a tax-exempt nonprofit (EIN: 141364555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Keene Valley Neighborhood Services Inc CEO make?
Keene Valley Neighborhood Services Inc's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Keene Valley Neighborhood Services Inc's spending goes to programs?
Keene Valley Neighborhood Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Keene Valley Neighborhood Services Inc located?
Keene Valley Neighborhood Services Inc is headquartered in Keene Valley, New York and files with the IRS under EIN 141364555.
How many years of IRS 990 filings does Keene Valley Neighborhood Services Inc have?
Keene Valley Neighborhood Services 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 $2.2M in total revenue.
Is Keene Valley Neighborhood Services Inc a good charity?
Based on the available data, the organization exhibits strong indicators of a good charity, particularly its 0% officer compensation and consistent financial transparency through 990 filings. However, recurring operational deficits suggest a need to understand how these are funded.
How does Keene Valley Neighborhood Services Inc fund its operational deficits?
The filings show consistent expenses exceeding revenue in recent years (e.g., $2,027,485 expenses vs. $1,979,032 revenue in 202306). This suggests the organization may be drawing from its asset base or relying on other non-operating income sources not detailed in the provided summary to cover these shortfalls.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated but remained substantial, around $1.7 million in 202306, down from a peak of over $2.2 million in 201806. Liabilities have generally increased over time, reaching $830,579 in 202306, up from $549,199 in 201706, which is a trend to monitor.
Filing History
IRS 990 filing history for Keene Valley Neighborhood Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Keene Valley Neighborhood Services Inc's revenue has grown by 51.6%, moving from $1.3M to $2.0M. Total assets decreased by 22% over the same period, from $2.2M to $1.7M. Total functional expenses rose by 43.7%, from $1.4M to $2.0M. In its most recent filing year (2023), Keene Valley Neighborhood Services Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $831K in liabilities against $1.7M in assets (debt-to-asset ratio: 48.6%), resulting in net assets of $878K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $1.7M | $831K | — | View 990 |
| 2022 | $1.7M | $2.0M | $1.8M | $834K | — | View 990 |
| 2021 | $1.7M | $1.8M | $2.1M | $915K | — | View 990 |
| 2020 | $1.6M | $1.7M | $2.1M | $683K | — | View 990 |
| 2019 | $1.6M | $1.7M | $2.0M | $645K | — | — |
| 2018 | $1.5M | $1.6M | $2.2M | $692K | — | View 990 |
| 2017 | $1.6M | $1.5M | $2.1M | $549K | — | View 990 |
| 2016 | $1.6M | $1.5M | $2.0M | $532K | — | View 990 |
| 2015 | $1.4M | $1.5M | $2.0M | $567K | — | View 990 |
| 2014 | $1.4M | $1.5M | $2.1M | $666K | — | View 990 |
| 2013 | $1.5M | $1.4M | $2.2M | $626K | — | View 990 |
| 2012 | $1.5M | $1.5M | $2.2M | $638K | — | — |
| 2011 | $1.3M | $1.4M | $2.2M | $697K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue +13.3% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.0M, and assets of $1.8M (revenue +2.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $2.1M (revenue +9.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $2.1M (revenue -4.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $2.0M (revenue +10.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.6M, and assets of $2.2M (revenue -6.2% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $2.1M (revenue +1.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $2.0M (revenue +7.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $2.0M (revenue +1.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $2.1M (revenue -2.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $2.2M (revenue -4.8% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $2.2M (revenue +17.4% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keene Valley Neighborhood Services Inc:
Data Sources and Methodology
This transparency report for Keene Valley Neighborhood Services 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.