Long Island Board Of Realtors Inc
Long Island Board Of Realtors Inc shows consistent revenue growth and substantial asset accumulation with no reported officer compensation.
EIN: 111020780 · Melville, NY · Updated: 2026-03-28
Is Long Island Board Of Realtors 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 Board Of Realtors Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Long Island Board Of Realtors Inc
Long Island Board Of Realtors Inc (EIN: 111020780) is a nonprofit organization based in Melville, NY. The organization reported total revenue of $9.0M and total assets of $46.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Island Board Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Island Board Of Realtors Inc is a mid-size nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $38.2M |
| Total Liabilities | $8.2M |
| Net Assets | $30.0M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 59.9 months |
Financial Health Grade: A
In 2023, Long Island Board Of Realtors Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 59.9 months of operating reserves (strong position), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Long Island Board Of Realtors Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +18.4% | +9.1% |
| 2022 | +3.0% | -4.2% | +6.8% |
| 2021 | -2.2% | +1.8% | +25.3% |
| 2020 | +0.1% | -6.5% | -1.8% |
| 2019 | -54.4% | -58.7% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
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 Board Of Realtors 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Long Island Board Of Realtors 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 $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with annual revenues approaching $9 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense structure, requiring deeper scrutiny for full transparency.
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 Board Of Realtors Inc's IRS 990 filings:
- 0% Officer Compensation reported across all filings, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or a fully volunteer executive team, warranting further investigation for transparency.
Strengths
The following positive indicators were identified for Long Island Board Of Realtors Inc:
- Consistent revenue growth, with latest revenue at $8,980,874.
- Significant and consistent asset growth, from $14,863,756 in 2014 to $46,260,889 currently.
- Operates with a healthy surplus, as seen in the latest filing where revenue ($8,881,368) exceeded expenses ($7,655,512).
- Strong financial reserves with assets significantly exceeding liabilities (e.g., $46,260,889 assets vs. $8,223,701 liabilities in 2023).
Frequently Asked Questions about Long Island Board Of Realtors Inc
Is Long Island Board Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Board Of Realtors Inc (EIN: 111020780) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Long Island Board Of Realtors Inc spend its money?
Long Island Board Of Realtors Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Island Board Of Realtors Inc tax-deductible?
Long Island Board Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 111020780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Long Island Board Of Realtors Inc a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent asset growth, and operates with a surplus. The absence of reported officer compensation is a unique characteristic. To fully assess if it's a 'good charity,' one would need to understand its program effectiveness and detailed expense allocation beyond the summary data.
How does Long Island Board Of Realtors Inc manage its executive compensation?
The IRS 990 filings consistently report 0% for officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under other expense categories, which would require reviewing the full 990 forms for clarification.
What is the trend in Long Island Board Of Realtors Inc's financial stability?
The organization shows a strong upward trend in financial stability. Assets have grown from $14.8 million in 2014 to over $46 million currently, and it consistently generates a surplus, indicating robust financial management and increasing capacity.
Filing History
IRS 990 filing history for Long Island Board Of Realtors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Island Board Of Realtors Inc's revenue has declined by 25.6%, moving from $11.9M to $8.9M. Total assets increased by 137.2% over the same period, from $16.1M to $38.2M. Total functional expenses fell by 37.2%, from $12.2M to $7.7M. In its most recent filing year (2023), Long Island Board Of Realtors Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $38.2M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $30.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $7.7M | $38.2M | $8.2M | — | — |
| 2022 | $8.2M | $6.5M | $35.0M | $9.3M | — | View 990 |
| 2021 | $7.9M | $6.7M | $32.8M | $9.7M | — | View 990 |
| 2020 | $8.1M | $6.6M | $26.2M | $5.9M | — | View 990 |
| 2019 | $8.1M | $7.1M | $26.7M | $8.1M | — | — |
| 2018 | $17.8M | $17.2M | $21.4M | $5.5M | — | View 990 |
| 2017 | $16.8M | $15.7M | $19.8M | $5.3M | — | — |
| 2016 | $15.3M | $14.2M | $18.0M | $5.1M | — | View 990 |
| 2015 | $14.4M | $13.4M | $16.4M | $4.8M | — | View 990 |
| 2014 | $13.7M | $12.6M | $14.9M | $4.6M | — | View 990 |
| 2013 | $12.7M | $12.0M | $14.4M | $5.7M | — | View 990 |
| 2012 | $12.4M | $12.0M | $17.0M | $9.2M | — | View 990 |
| 2011 | $11.9M | $12.2M | $16.1M | $9.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $7.7M, and assets of $38.2M (revenue +8.9% year-over-year).
- 2022: Revenue of $8.2M, expenses of $6.5M, and assets of $35.0M (revenue +3.0% year-over-year).
- 2021: Revenue of $7.9M, expenses of $6.7M, and assets of $32.8M (revenue -2.2% year-over-year).
- 2020: Revenue of $8.1M, expenses of $6.6M, and assets of $26.2M (revenue +0.1% year-over-year).
- 2019: Revenue of $8.1M, expenses of $7.1M, and assets of $26.7M (revenue -54.4% year-over-year).
- 2018: Revenue of $17.8M, expenses of $17.2M, and assets of $21.4M (revenue +5.8% year-over-year).
- 2017: Revenue of $16.8M, expenses of $15.7M, and assets of $19.8M (revenue +10.0% year-over-year).
- 2016: Revenue of $15.3M, expenses of $14.2M, and assets of $18.0M (revenue +6.1% year-over-year).
- 2015: Revenue of $14.4M, expenses of $13.4M, and assets of $16.4M (revenue +5.0% year-over-year).
- 2014: Revenue of $13.7M, expenses of $12.6M, and assets of $14.9M (revenue +7.6% year-over-year).
- 2013: Revenue of $12.7M, expenses of $12.0M, and assets of $14.4M (revenue +2.5% year-over-year).
- 2012: Revenue of $12.4M, expenses of $12.0M, and assets of $17.0M (revenue +4.0% year-over-year).
- 2011: Revenue of $11.9M, expenses of $12.2M, and assets of $16.1M.
Data Sources and Methodology
This transparency report for Long Island Board Of Realtors 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.