Lieutenants Benevolent Association Of The City Of New York
Lieutenants Benevolent Association maintains stable operations with growing assets but a recent surge in liabilities.
EIN: 132967883 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.4M |
| Program Spending | 80% |
| Net Assets | $2.6M |
| Transparency Score | 70/100 |
Is Lieutenants Benevolent Association Of The City Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lieutenants Benevolent Association Of The City Of New York directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lieutenants Benevolent Association Of The City Of New York
Lieutenants Benevolent Association Of The City Of New York (EIN: 132967883) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.8M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lieutenants Benevolent Association Of The City Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lieutenants Benevolent Association Of The City Of New York is a mid-size nonprofit that has been operating for 47 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 | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$39K |
| Total Assets | $3.3M |
| Total Liabilities | $723K |
| Net Assets | $2.6M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 21.7% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2023, Lieutenants Benevolent Association Of The City Of New York reported a surplus of $39K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lieutenants Benevolent Association Of The City Of New York's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +3.2% | +28.8% |
| 2022 | +1.7% | -5.1% | -7.7% |
| 2021 | -8.4% | +9.3% | -2.6% |
| 2020 | +4.5% | -8.2% | +8.1% |
| 2019 | -1.6% | +3.0% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1979 |
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 Lieutenants Benevolent Association Of The City Of New York with a Mission Score of 70 out of 100 (Good). 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, Lieutenants Benevolent Association Of The City Of New York 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers may serve in a volunteer capacity or are compensated through mechanisms not classified as officer compensation, which is a positive sign for resource allocation relative to the organization's size and revenue.
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 Lieutenants Benevolent Association Of The City Of New York's IRS 990 filings:
- Significant increase in liabilities from $68,474 in 2022 to $722,944 in 2023 without clear explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for Lieutenants Benevolent Association Of The City Of New York:
- Consistent revenue generation and operational stability over a decade.
- Growing asset base, indicating financial health and capacity.
- Reported 0% officer compensation across all filings, suggesting efficient use of funds for leadership.
- Expenses generally align closely with revenues, indicating funds are being utilized for operations.
Frequently Asked Questions about Lieutenants Benevolent Association Of The City Of New York
Is Lieutenants Benevolent Association Of The City Of New York a legitimate charity?
Lieutenants Benevolent Association Of The City Of New York (EIN: 132967883) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lieutenants Benevolent Association Of The City Of New York spend its money?
Lieutenants Benevolent Association Of The City Of New York directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lieutenants Benevolent Association Of The City Of New York tax-deductible?
Lieutenants Benevolent Association Of The City Of New York is registered as a tax-exempt nonprofit (EIN: 132967883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lieutenants Benevolent Association Of The City Of New York's spending goes to programs?
Lieutenants Benevolent Association Of The City Of New York directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lieutenants Benevolent Association Of The City Of New York located?
Lieutenants Benevolent Association Of The City Of New York is headquartered in New York, New York and files with the IRS under EIN 132967883.
How many years of IRS 990 filings does Lieutenants Benevolent Association Of The City Of New York have?
Lieutenants Benevolent Association Of The City Of New York 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 $2.8M in total revenue.
What caused the significant increase in liabilities from $68,474 in 2022 to $722,944 in 2023?
The provided data does not specify the reason for this substantial increase in liabilities. Further examination of the full IRS Form 990 for 2023 would be necessary to understand the nature of these new obligations.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
Are the officers truly uncompensated, or is their compensation reported under a different category?
The filings consistently show 0% for officer compensation. While this could indicate volunteer leadership, it's also possible compensation is categorized differently (e.g., as salaries for employees rather than officers) or is below the reporting threshold for specific forms.
Filing History
IRS 990 filing history for Lieutenants Benevolent Association Of The City Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lieutenants Benevolent Association Of The City Of New York's revenue has grown by 5.6%, moving from $2.3M to $2.4M. Total assets increased by 29.5% over the same period, from $2.6M to $3.3M. Total functional expenses rose by 7.1%, from $2.2M to $2.4M. In its most recent filing year (2023), Lieutenants Benevolent Association Of The City Of New York reported a surplus of $39K, with revenue exceeding expenses. The organization holds $723K in liabilities against $3.3M in assets (debt-to-asset ratio: 21.7%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $3.3M | $723K | — | View 990 |
| 2022 | $2.3M | $2.3M | $2.6M | $68K | — | View 990 |
| 2021 | $2.3M | $2.5M | $2.8M | $63K | — | View 990 |
| 2020 | $2.5M | $2.2M | $2.9M | $59K | — | View 990 |
| 2019 | $2.4M | $2.4M | $2.7M | $94K | — | View 990 |
| 2018 | $2.4M | $2.4M | $2.7M | $70K | — | View 990 |
| 2017 | $2.5M | $2.3M | $2.6M | $69K | — | View 990 |
| 2016 | $2.4M | $2.5M | $2.5M | $52K | — | View 990 |
| 2015 | $2.5M | $2.6M | $2.5M | $74K | — | View 990 |
| 2014 | $2.4M | $2.4M | $2.6M | $52K | — | View 990 |
| 2013 | $2.4M | $2.3M | $2.6M | $41K | — | View 990 |
| 2012 | $2.3M | $2.3M | $2.6M | $35K | — | View 990 |
| 2011 | $2.3M | $2.2M | $2.6M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $3.3M (revenue +4.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.3M, and assets of $2.6M (revenue +1.7% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.5M, and assets of $2.8M (revenue -8.4% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.2M, and assets of $2.9M (revenue +4.5% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.4M, and assets of $2.7M (revenue -1.6% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $2.7M (revenue -1.8% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.3M, and assets of $2.6M (revenue +3.1% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.5M, and assets of $2.5M (revenue -5.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.6M, and assets of $2.5M (revenue +5.9% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $2.6M (revenue +1.0% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $2.6M (revenue +1.5% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $2.6M (revenue +0.6% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.2M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lieutenants Benevolent Association Of The City Of New York:
Data Sources and Methodology
This transparency report for Lieutenants Benevolent Association Of The City Of New York 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.