Kips Bay Boys And Girls Club Inc
Kips Bay Boys And Girls Club Inc shows consistent revenue growth and asset accumulation with recent surpluses.
EIN: 131623850 · Bronx, NY · NTEE: O230 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33.6M |
| Total Expenses | $14.2M |
| Program Spending | 80% |
| Net Assets | $31.8M |
| Transparency Score | 85/100 |
Is Kips Bay Boys And Girls Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kips Bay Boys And Girls Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kips Bay Boys And Girls Club Inc
Kips Bay Boys And Girls Club Inc (EIN: 131623850) is a nonprofit organization based in Bronx, NY, classified under NTEE code O230. The organization reported total revenue of $33.6M and total assets of $38.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kips Bay Boys And Girls Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kips Bay Boys And Girls Club Inc is a large nonprofit that has been operating for 103 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.8M |
| Total Expenses | $14.2M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $36.2M |
| Total Liabilities | $4.3M |
| Net Assets | $31.8M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 30.5 months |
Financial Health Grade: A
In 2023, Kips Bay Boys And Girls Club Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kips Bay Boys And Girls Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | +13.1% | +6.6% |
| 2022 | +64.3% | +19.1% | +16.4% |
| 2021 | +33.3% | +5.5% | +10.5% |
| 2020 | -18.2% | -12.2% | +0.0% |
| 2019 | +4.3% | +5.0% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1923 |
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 Kips Bay Boys And Girls Club 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Kips Bay Boys And Girls Club Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, suggesting that executive compensation is either below IRS reporting thresholds or that the organization's leadership is entirely volunteer-based, which is a positive indicator 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.
Strengths
The following positive indicators were identified for Kips Bay Boys And Girls Club Inc:
- Consistent revenue growth, increasing from $8.7M in 202009 to $15.7M in 202309.
- Significant asset growth, from $26.3M in 202009 to $36.1M in 202309.
- Positive net income/surplus in recent years (e.g., $1.5M in 202309, $6.6M in 202209).
- Low liabilities relative to assets, indicating strong financial health.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Kips Bay Boys And Girls Club Inc
Is Kips Bay Boys And Girls Club Inc a legitimate charity?
Kips Bay Boys And Girls Club Inc (EIN: 131623850) 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: $33.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kips Bay Boys And Girls Club Inc spend its money?
Kips Bay Boys And Girls Club Inc directs 80% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.
Are donations to Kips Bay Boys And Girls Club Inc tax-deductible?
Kips Bay Boys And Girls Club Inc is registered as a tax-exempt nonprofit (EIN: 131623850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kips Bay Boys And Girls Club Inc's spending goes to programs?
Kips Bay Boys And Girls Club Inc directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kips Bay Boys And Girls Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kips Bay Boys And Girls Club Inc is above average for NTEE category O230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kips Bay Boys And Girls Club Inc located?
Kips Bay Boys And Girls Club Inc is headquartered in Bronx, New York and files with the IRS under EIN 131623850. It is classified under NTEE code O230.
How many years of IRS 990 filings does Kips Bay Boys And Girls Club Inc have?
Kips Bay Boys And Girls Club 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 $33.6M in total revenue.
Is Kips Bay Boys And Girls Club Inc financially stable?
Yes, the organization appears financially stable, with assets growing from $26,359,347 in 202009 to $36,164,791 in 202309, and consistent revenue surpluses in recent years, such as $1,540,098 in 202309.
How has the organization's revenue trended?
Revenue has shown significant growth, increasing from $8,778,955 in 202009 to $15,789,239 in 202309, with a peak of $19,231,717 in 202209.
What is the trend in the organization's assets?
Assets have steadily increased from $26,359,347 in 202009 to $36,164,791 in 202309, indicating strong financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Kips Bay Boys And Girls Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kips Bay Boys And Girls Club Inc's revenue has grown by 56.2%, moving from $10.1M to $15.8M. Total assets increased by 15.7% over the same period, from $31.3M to $36.2M. Total functional expenses rose by 64.2%, from $8.7M to $14.2M. In its most recent filing year (2023), Kips Bay Boys And Girls Club Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $36.2M in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $31.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.8M | $14.2M | $36.2M | $4.3M | — | — |
| 2022 | $19.2M | $12.6M | $33.9M | $4.6M | — | — |
| 2021 | $11.7M | $10.6M | $29.1M | $3.8M | — | View 990 |
| 2020 | $8.8M | $10.0M | $26.4M | $3.1M | — | — |
| 2019 | $10.7M | $11.4M | $26.4M | $1.9M | — | View 990 |
| 2018 | $10.3M | $10.9M | $27.4M | $1.9M | — | View 990 |
| 2017 | $8.5M | $10.1M | $28.4M | $2.0M | — | View 990 |
| 2016 | $9.1M | $9.3M | $28.5M | $1.1M | — | View 990 |
| 2015 | $9.0M | $10.0M | $28.6M | $1.3M | — | View 990 |
| 2014 | $10.0M | $9.2M | $30.0M | $1.1M | — | View 990 |
| 2013 | $6.9M | $9.1M | $28.7M | $758K | — | View 990 |
| 2012 | $7.1M | $8.5M | $30.7M | $689K | — | View 990 |
| 2011 | $10.1M | $8.7M | $31.3M | $646K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.8M, expenses of $14.2M, and assets of $36.2M (revenue -17.9% year-over-year).
- 2022: Revenue of $19.2M, expenses of $12.6M, and assets of $33.9M (revenue +64.3% year-over-year).
- 2021: Revenue of $11.7M, expenses of $10.6M, and assets of $29.1M (revenue +33.3% year-over-year).
- 2020: Revenue of $8.8M, expenses of $10.0M, and assets of $26.4M (revenue -18.2% year-over-year).
- 2019: Revenue of $10.7M, expenses of $11.4M, and assets of $26.4M (revenue +4.3% year-over-year).
- 2018: Revenue of $10.3M, expenses of $10.9M, and assets of $27.4M (revenue +20.5% year-over-year).
- 2017: Revenue of $8.5M, expenses of $10.1M, and assets of $28.4M (revenue -6.0% year-over-year).
- 2016: Revenue of $9.1M, expenses of $9.3M, and assets of $28.5M (revenue +1.3% year-over-year).
- 2015: Revenue of $9.0M, expenses of $10.0M, and assets of $28.6M (revenue -10.0% year-over-year).
- 2014: Revenue of $10.0M, expenses of $9.2M, and assets of $30.0M (revenue +45.5% year-over-year).
- 2013: Revenue of $6.9M, expenses of $9.1M, and assets of $28.7M (revenue -2.9% year-over-year).
- 2012: Revenue of $7.1M, expenses of $8.5M, and assets of $30.7M (revenue -30.2% year-over-year).
- 2011: Revenue of $10.1M, expenses of $8.7M, and assets of $31.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kips Bay Boys And Girls Club Inc:
Data Sources and Methodology
This transparency report for Kips Bay Boys And Girls Club 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.