La Peninsula Community Organization Inc

La Peninsula Community Organization Inc sees significant revenue decline over a decade but maintains financial solvency with no reported officer compensation.

EIN: 133061340 · Bronx, NY · Updated: 2026-03-28

$3.9MRevenue
$5.7MAssets
85/100Mission Score (Excellent)
La Peninsula Community Organization Inc Financial Summary
MetricValue
Total Revenue$3.9M
Total Expenses$4.5M
Program Spending85%
Net Assets$251K
Transparency Score85/100

Is La Peninsula Community Organization Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

La Peninsula Community Organization Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About La Peninsula Community Organization Inc

La Peninsula Community Organization Inc (EIN: 133061340) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $3.9M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Peninsula Community Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

41Years Operating
Mid-SizeSize Classification
12Years of Filings
DecliningRevenue Trajectory

La Peninsula Community Organization Inc is a mid-size nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.5M
Total Expenses$4.5M
Surplus / Deficit$-36,823
Total Assets$3.9M
Total Liabilities$3.7M
Net Assets$251K
Operating Margin-0.8%
Debt-to-Asset Ratio93.6%
Months of Reserves10.4 months

Financial Health Grade: C

In 2023, La Peninsula Community Organization Inc reported a deficit of $37K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 93.6% (high leverage).

Financial Trends

Over 12 years of filings (2012–2023), La Peninsula Community Organization Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-5.7%-5.5%+57.4%
2022-13.4%-12.7%-11.9%
2021-6.8%-7.7%+17.3%
2020-14.8%-15.2%+3.0%
2019-3.2%-2.3%+17.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1985

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

La Peninsula Community Organization Inc has demonstrated consistent financial operations over the past decade, with revenues generally tracking expenses closely. However, there's a notable trend of declining revenue and expenses, from a peak of $9.17 million in 2015 to $4.47 million in 2023, indicating a significant reduction in the scale of its operations. Despite this contraction, the organization has maintained a healthy asset-to-liability ratio, with assets consistently exceeding liabilities, suggesting good financial solvency. For instance, in 2023, assets were $3,906,932 against liabilities of $3,656,047. The organization's spending efficiency appears to be sound, as total expenses have consistently been very close to total revenues, indicating that funds are being utilized for operations rather than accumulating large surpluses or deficits. The absence of reported officer compensation across all available filings suggests a high degree of financial prudence and a focus on program delivery, which is a positive indicator for donors. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a strong point for transparency and accountability. However, the lack of NTEE code information makes it harder to benchmark against similar organizations. Further transparency could be achieved by providing more detailed financial breakdowns beyond what is typically available in summary 990 data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates La Peninsula Community Organization 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, La Peninsula Community Organization 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:

$4.5MTotal Revenue
$4.5MTotal Expenses
$3.9MTotal Assets
$3.7MTotal Liabilities
$251KNet Assets
  • The organization reported a deficit of $37K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 93.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds towards 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 La Peninsula Community Organization Inc's IRS 990 filings:

  • Significant and consistent decline in annual revenue and expenses over the past decade, from $9.17M in 2015 to $4.47M in 2023, indicating a shrinking operational scale.
  • NTEE code is unknown, which limits the ability to benchmark financial performance against peer organizations.

Strengths

The following positive indicators were identified for La Peninsula Community Organization Inc:

  • Consistent financial solvency with assets always exceeding liabilities (e.g., $3,906,932 assets vs. $3,656,047 liabilities in 2023).
  • Zero reported officer compensation across all available filings, suggesting high efficiency and dedication of resources to the mission.
  • Expenses consistently track revenues closely, indicating efficient use of funds without significant accumulation of surpluses or deficits.
  • Long history of IRS 990 filings (12 filings), demonstrating consistent transparency and compliance.

Frequently Asked Questions about La Peninsula Community Organization Inc

Is La Peninsula Community Organization Inc a legitimate charity?

La Peninsula Community Organization Inc (EIN: 133061340) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.9M. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does La Peninsula Community Organization Inc spend its money?

La Peninsula Community Organization Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to La Peninsula Community Organization Inc tax-deductible?

La Peninsula Community Organization Inc is registered as a tax-exempt nonprofit (EIN: 133061340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of La Peninsula Community Organization Inc's spending goes to programs?

La Peninsula Community Organization Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is La Peninsula Community Organization Inc located?

La Peninsula Community Organization Inc is headquartered in Bronx, New York and files with the IRS under EIN 133061340.

How many years of IRS 990 filings does La Peninsula Community Organization Inc have?

La Peninsula Community Organization Inc has 12 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 $3.9M in total revenue.

Why has La Peninsula Community Organization Inc's revenue decreased by over 50% since 2015?

The IRS 990 data shows a consistent decline in revenue from $9,173,058 in 2015 to $4,473,917 in 2023. The filings themselves do not provide the specific reasons for this trend, but it warrants further investigation into changes in funding sources, program scope, or operational strategy.

Is the organization financially stable despite declining revenue?

Yes, despite the significant decline in revenue, the organization appears financially stable. Its assets have consistently exceeded its liabilities, for example, $3,906,932 in assets versus $3,656,047 in liabilities in 2023, indicating a healthy balance sheet and solvency.

How does the organization manage to operate without officer compensation?

The filings consistently report 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, compensated through other means not reported as officer compensation, or that the organization's structure does not include paid officers in the traditional sense. This is a notable and positive indicator for donor confidence.

Filing History

IRS 990 filing history for La Peninsula Community Organization Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), La Peninsula Community Organization Inc's revenue has declined by 30.8%, moving from $6.5M to $4.5M. Total assets increased by 336.6% over the same period, from $895K to $3.9M. Total functional expenses fell by 30%, from $6.4M to $4.5M. In its most recent filing year (2023), La Peninsula Community Organization Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $3.9M in assets (debt-to-asset ratio: 93.6%), resulting in net assets of $251K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.5M $4.5M $3.9M $3.7M
2022 $4.7M $4.8M $2.5M $2.2M View 990
2021 $5.5M $5.5M $2.8M $2.5M View 990
2020 $5.9M $5.9M $2.4M $2.1M View 990
2019 $6.9M $7.0M $2.3M $2.0M View 990
2018 $7.1M $7.2M $2.0M $1.5M View 990
2017 $7.9M $8.0M $1.9M $1.5M View 990
2016 $8.8M $8.8M $1.5M $1.0M View 990
2015 $9.2M $9.1M $1.5M $1.0M View 990
2014 $9.0M $8.9M $1.6M $1.2M View 990
2013 $6.5M $6.3M $1.6M $1.2M View 990
2012 $6.5M $6.4M $895K $657K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.5M, expenses of $4.5M, and assets of $3.9M (revenue -5.7% year-over-year).
  • 2022: Revenue of $4.7M, expenses of $4.8M, and assets of $2.5M (revenue -13.4% year-over-year).
  • 2021: Revenue of $5.5M, expenses of $5.5M, and assets of $2.8M (revenue -6.8% year-over-year).
  • 2020: Revenue of $5.9M, expenses of $5.9M, and assets of $2.4M (revenue -14.8% year-over-year).
  • 2019: Revenue of $6.9M, expenses of $7.0M, and assets of $2.3M (revenue -3.2% year-over-year).
  • 2018: Revenue of $7.1M, expenses of $7.2M, and assets of $2.0M (revenue -10.1% year-over-year).
  • 2017: Revenue of $7.9M, expenses of $8.0M, and assets of $1.9M (revenue -9.9% year-over-year).
  • 2016: Revenue of $8.8M, expenses of $8.8M, and assets of $1.5M (revenue -3.9% year-over-year).
  • 2015: Revenue of $9.2M, expenses of $9.1M, and assets of $1.5M (revenue +2.2% year-over-year).
  • 2014: Revenue of $9.0M, expenses of $8.9M, and assets of $1.6M (revenue +38.6% year-over-year).
  • 2013: Revenue of $6.5M, expenses of $6.3M, and assets of $1.6M (revenue +0.2% year-over-year).
  • 2012: Revenue of $6.5M, expenses of $6.4M, and assets of $895K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for La Peninsula Community Organization Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for La Peninsula Community Organization 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.

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