Long Island Association Inc
Long Island Association Inc. shows consistent revenue generation, often exceeding expenses, with no reported officer compensation.
EIN: 111617383 · Melville, NY · Updated: 2026-03-28
Is Long Island Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Island Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Long Island Association Inc
Long Island Association Inc (EIN: 111617383) is a nonprofit organization based in Melville, NY. The organization reported total revenue of $3.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Island Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Island Association Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$130K |
| Total Assets | $2.5M |
| Total Liabilities | $1.6M |
| Net Assets | $848K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 65.9% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Long Island Association Inc reported a surplus of $130K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 65.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Long Island Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | +14.9% | +15.8% |
| 2022 | +31.1% | +8.4% | +46.4% |
| 2021 | -14.2% | +1.9% | -34.2% |
| 2020 | -23.4% | -30.6% | +3.1% |
| 2019 | +15.0% | +20.6% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1938 |
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 Long Island Association Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Long Island Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $130K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is categorized differently within the expense structure, which is a positive indicator for minimizing overhead related to top salaries.
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 Long Island Association Inc's IRS 990 filings:
- Lack of detailed program vs. administrative vs. fundraising expense breakdown in summary data, limiting efficiency analysis.
- Periods of deficit spending in prior years (e.g., 2021, 2019, 2018, 2017, 2016) indicate occasional financial strain.
Strengths
The following positive indicators were identified for Long Island Association Inc:
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds or volunteer leadership.
- Positive net income in the two most recent fiscal years (2023 and 2022), indicating financial health.
- Healthy asset base consistently above $2 million, providing financial stability.
- Consistent filing history (13 filings) demonstrates transparency and compliance.
Frequently Asked Questions about Long Island Association Inc
Is Long Island Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Association Inc (EIN: 111617383) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Long Island Association Inc spend its money?
Long Island Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Island Association Inc tax-deductible?
Long Island Association Inc is registered as a tax-exempt nonprofit (EIN: 111617383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Long Island Association Inc. financially stable?
Yes, the organization appears generally stable, with revenues exceeding expenses in the most recent two years (2023 and 2022) and assets consistently over $2 million. While there were deficits in prior years, the recent trend is positive.
How does Long Island Association Inc. compensate its executives?
The provided IRS 990 data consistently reports 0% officer compensation, indicating that top leadership may be uncompensated or compensated through means not captured under 'officer compensation' on these summary filings.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, ranging from a low of $1,912,416 in 2021 to a high of $3,209,549 (latest available). The most recent filings show revenues of $2,888,523 (2023) and $2,507,634 (2022), indicating a recent upward trend.
Does the organization have sufficient assets to cover liabilities?
Yes, in the most recent filing (2023), assets were $2,482,962 while liabilities were $1,635,038, indicating a healthy asset-to-liability ratio. This trend is consistent across most years.
Filing History
IRS 990 filing history for Long Island Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Island Association Inc's revenue has grown by 4.4%, moving from $2.8M to $2.9M. Total assets increased by 66.7% over the same period, from $1.5M to $2.5M. Total functional expenses rose by 15.9%, from $2.4M to $2.8M. In its most recent filing year (2023), Long Island Association Inc reported a surplus of $130K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $2.5M in assets (debt-to-asset ratio: 65.9%), resulting in net assets of $848K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $2.5M | $1.6M | — | — |
| 2022 | $2.5M | $2.4M | $2.1M | $1.4M | — | View 990 |
| 2021 | $1.9M | $2.2M | $1.5M | $854K | — | View 990 |
| 2020 | $2.2M | $2.2M | $2.2M | $1.3M | — | — |
| 2019 | $2.9M | $3.1M | $2.2M | $1.3M | — | View 990 |
| 2018 | $2.5M | $2.6M | $2.4M | $1.3M | — | View 990 |
| 2017 | $3.0M | $3.2M | $2.4M | $1.2M | — | View 990 |
| 2016 | $2.6M | $2.7M | $2.6M | $1.2M | — | View 990 |
| 2015 | $3.1M | $2.8M | $2.6M | $1.1M | — | View 990 |
| 2014 | $3.1M | $2.8M | $2.4M | $1.2M | — | View 990 |
| 2013 | $3.2M | $2.7M | $2.1M | $1.2M | — | View 990 |
| 2012 | $3.4M | $2.7M | $1.9M | $1.4M | — | View 990 |
| 2011 | $2.8M | $2.4M | $1.5M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $2.5M (revenue +15.2% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.4M, and assets of $2.1M (revenue +31.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.2M, and assets of $1.5M (revenue -14.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $2.2M (revenue -23.4% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.1M, and assets of $2.2M (revenue +15.0% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.6M, and assets of $2.4M (revenue -14.9% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.2M, and assets of $2.4M (revenue +16.4% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.7M, and assets of $2.6M (revenue -18.2% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.8M, and assets of $2.6M (revenue +1.9% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.8M, and assets of $2.4M (revenue -3.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.7M, and assets of $2.1M (revenue -7.7% year-over-year).
- 2012: Revenue of $3.4M, expenses of $2.7M, and assets of $1.9M (revenue +23.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.4M, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Long Island Association 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.