Knickerbocker Properties Inc Xx
Knickerbocker Properties Inc Xx consistently reports zero expenses despite millions in revenue, hindering financial analysis.
EIN: 133856954 · New York, NY · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.6M |
| CEO/Top Officer Pay | $0 |
| Net Assets | $142.8M |
| Transparency Score | 50/100 |
Is Knickerbocker Properties Inc Xx Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Knickerbocker Properties Inc Xx
Knickerbocker Properties Inc Xx (EIN: 133856954) is a nonprofit organization based in New York, NY, classified under NTEE code X99. The organization reported total revenue of $19.6M and total assets of $221.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knickerbocker Properties Inc Xx's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knickerbocker Properties Inc Xx is a large nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $0 |
| Surplus / Deficit | +$8.2M |
| Total Assets | $232.7M |
| Total Liabilities | $89.8M |
| Net Assets | $142.8M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 38.6% |
Financial Health Grade: A
In 2023, Knickerbocker Properties Inc Xx reported a surplus of $8.2M with revenue exceeding expenses, has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Knickerbocker Properties Inc Xx's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.0% | — | -4.4% |
| 2022 | -31.0% | — | +28.8% |
| 2021 | +2.9% | — | -25.1% |
| 2020 | +6.7% | — | +5.1% |
| 2019 | -69.9% | — | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Knickerbocker Properties Inc Xx with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Knickerbocker Properties Inc Xx allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which aligns with the reported $0 in total expenses. This makes it impossible to assess executive compensation relative to the organization's size or activities, as no operational costs are disclosed.
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 Knickerbocker Properties Inc Xx's IRS 990 filings:
- Consistent reporting of $0 expenses despite significant revenue (e.g., $8,187,554 in 2023 and $19,644,666 latest revenue).
- Inability to assess program spending or operational efficiency due to lack of expense data.
- Lack of transparency regarding the use of funds.
- Unusual financial reporting pattern for a nonprofit organization.
Strengths
The following positive indicators were identified for Knickerbocker Properties Inc Xx:
- Significant asset base, with assets reaching $221,285,679.
Frequently Asked Questions about Knickerbocker Properties Inc Xx
Is Knickerbocker Properties Inc Xx a legitimate charity?
Based on AI analysis of IRS 990 filings, Knickerbocker Properties Inc Xx (EIN: 133856954) some concerns. Mission Score: 50/100. 4 red flags identified, 1 strength noted.
How does Knickerbocker Properties Inc Xx spend its money?
Detailed spending breakdown data is not yet available for Knickerbocker Properties Inc Xx. Check back for updated IRS 990 analysis.
Are donations to Knickerbocker Properties Inc Xx tax-deductible?
Knickerbocker Properties Inc Xx is registered as a tax-exempt nonprofit (EIN: 133856954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Knickerbocker Properties Inc Xx CEO make?
Knickerbocker Properties Inc Xx's highest-compensated officer earns $0 annually. The organization reported $19.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Knickerbocker Properties Inc Xx compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Knickerbocker Properties Inc Xx is near average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Knickerbocker Properties Inc Xx located?
Knickerbocker Properties Inc Xx is headquartered in New York, New York and files with the IRS under EIN 133856954. It is classified under NTEE code X99.
How many years of IRS 990 filings does Knickerbocker Properties Inc Xx have?
Knickerbocker Properties Inc Xx 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 $19.6M in total revenue.
Is Knickerbocker Properties Inc Xx a good charity?
Based on the available IRS 990 data, it is impossible to determine if Knickerbocker Properties Inc Xx is a 'good charity' because it consistently reports $0 in expenses. Without any information on how its significant revenue is spent, there is no basis to evaluate its charitable activities or impact.
How does Knickerbocker Properties Inc Xx use its revenue?
The IRS 990 filings for Knickerbocker Properties Inc Xx do not provide any information on how its revenue is used, as all reported expenses are $0. This lack of detail prevents any analysis of fund allocation.
What programs does Knickerbocker Properties Inc Xx operate?
The IRS 990 filings do not disclose any program expenses or descriptions of charitable activities. With $0 reported expenses, there is no indication of any operational programs.
Why are there no expenses reported?
The reason for consistently reporting $0 in expenses across all filings is not explained in the publicly available IRS 990 data. This is highly unusual for an organization with significant revenue and assets.
Filing History
IRS 990 filing history for Knickerbocker Properties Inc Xx showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Knickerbocker Properties Inc Xx's revenue has grown by 6.2%, moving from $7.7M to $8.2M. Total assets increased by 36.7% over the same period, from $170.2M to $232.7M. The organization holds $89.8M in liabilities against $232.7M in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $142.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $0 | $232.7M | $89.8M | — | View 990 |
| 2022 | $7.2M | $0 | $243.2M | $86.7M | — | View 990 |
| 2021 | $10.5M | $0 | $188.8M | $78.2M | — | View 990 |
| 2020 | $10.2M | $0 | $252.1M | $78.6M | — | — |
| 2019 | $9.6M | $0 | $240.0M | $96.6M | — | View 990 |
| 2018 | $31.8M | $0 | $235.0M | $93.6M | — | View 990 |
| 2017 | $11.1M | $0 | $273.2M | $96.3M | — | View 990 |
| 2016 | $10.1M | $0 | $253.8M | $98.2M | — | View 990 |
| 2015 | $9.5M | $0 | $234.4M | $101.6M | — | View 990 |
| 2014 | $9.2M | $0 | $219.5M | $102.6M | — | View 990 |
| 2013 | $8.9M | $0 | $205.1M | $83.2M | — | View 990 |
| 2012 | $9.0M | $0 | $192.5M | $64.2M | — | View 990 |
| 2011 | $7.7M | $0 | $170.2M | $62.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $0, and assets of $232.7M (revenue +13.0% year-over-year).
- 2022: Revenue of $7.2M, expenses of $0, and assets of $243.2M (revenue -31.0% year-over-year).
- 2021: Revenue of $10.5M, expenses of $0, and assets of $188.8M (revenue +2.9% year-over-year).
- 2020: Revenue of $10.2M, expenses of $0, and assets of $252.1M (revenue +6.7% year-over-year).
- 2019: Revenue of $9.6M, expenses of $0, and assets of $240.0M (revenue -69.9% year-over-year).
- 2018: Revenue of $31.8M, expenses of $0, and assets of $235.0M (revenue +186.3% year-over-year).
- 2017: Revenue of $11.1M, expenses of $0, and assets of $273.2M (revenue +9.6% year-over-year).
- 2016: Revenue of $10.1M, expenses of $0, and assets of $253.8M (revenue +6.8% year-over-year).
- 2015: Revenue of $9.5M, expenses of $0, and assets of $234.4M (revenue +2.6% year-over-year).
- 2014: Revenue of $9.2M, expenses of $0, and assets of $219.5M (revenue +3.8% year-over-year).
- 2013: Revenue of $8.9M, expenses of $0, and assets of $205.1M (revenue -0.8% year-over-year).
- 2012: Revenue of $9.0M, expenses of $0, and assets of $192.5M (revenue +16.4% year-over-year).
- 2011: Revenue of $7.7M, expenses of $0, and assets of $170.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knickerbocker Properties Inc Xx:
Data Sources and Methodology
This transparency report for Knickerbocker Properties Inc Xx 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.