Lower Eastside Service Center Inc
Lower Eastside Service Center Inc reports consistent 0% officer compensation amid fluctuating revenues and occasional operational deficits.
EIN: 131972876 · New York, NY · NTEE: F220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.4M |
| Total Expenses | $18.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is Lower Eastside Service Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lower Eastside Service Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lower Eastside Service Center Inc
Lower Eastside Service Center Inc (EIN: 131972876) is a nonprofit organization based in New York, NY, classified under NTEE code F220. The organization reported total revenue of $17.4M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lower Eastside Service Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lower Eastside Service Center Inc is a large nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.9M |
| Total Expenses | $18.6M |
| Surplus / Deficit | $-1,642,506 |
| Total Assets | $17.3M |
| Total Liabilities | $12.8M |
| Net Assets | $4.5M |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 74.1% |
| Months of Reserves | 11.2 months |
Financial Health Grade: C
In 2023, Lower Eastside Service Center Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 74.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lower Eastside Service Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.0% | +1.3% | -4.8% |
| 2022 | +4.6% | -3.3% | -1.9% |
| 2021 | +1.9% | -7.5% | +19.1% |
| 2020 | +2.7% | +6.6% | -6.6% |
| 2019 | -4.5% | +1.7% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 Lower Eastside Service Center 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lower Eastside Service Center Inc 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 deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $15 million and assets over $15 million, suggesting either exceptional volunteer leadership or that compensation is reported under different categories.
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 Lower Eastside Service Center Inc's IRS 990 filings:
- Consistent operational deficits in some recent years (e.g., 2023, 2020) where expenses exceeded revenue.
- Unusually consistent 0% officer compensation reported, which may warrant further scrutiny to understand the full compensation structure.
Strengths
The following positive indicators were identified for Lower Eastside Service Center Inc:
- Strong transparency in reporting 0% officer compensation.
- Consistent asset base ($15.7M - $18.5M) indicating financial resilience despite revenue fluctuations.
- Significant scale of operations with annual revenues consistently above $15 million.
Frequently Asked Questions about Lower Eastside Service Center Inc
Is Lower Eastside Service Center Inc a legitimate charity?
Lower Eastside Service Center Inc (EIN: 131972876) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.4M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Lower Eastside Service Center Inc spend its money?
Lower Eastside Service Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lower Eastside Service Center Inc tax-deductible?
Lower Eastside Service Center Inc is registered as a tax-exempt nonprofit (EIN: 131972876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lower Eastside Service Center Inc CEO make?
Lower Eastside Service Center Inc's highest-compensated officer earns $15 annually. The organization reported $17.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lower Eastside Service Center Inc's spending goes to programs?
Lower Eastside Service Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lower Eastside Service Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lower Eastside Service Center Inc is above average for NTEE category F220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lower Eastside Service Center Inc located?
Lower Eastside Service Center Inc is headquartered in New York, New York and files with the IRS under EIN 131972876. It is classified under NTEE code F220.
How many years of IRS 990 filings does Lower Eastside Service Center Inc have?
Lower Eastside Service Center Inc 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 $17.4M in total revenue.
Is Lower Eastside Service Center Inc a good charity?
Based on the available data, LESCO demonstrates strong transparency regarding executive compensation (reporting 0%), which is a positive indicator. However, without a detailed breakdown of program vs. administrative spending, it's challenging to fully assess its spending efficiency. Its consistent asset base suggests financial stability despite periods of operational deficits.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation for an organization of this size is highly unusual. It could indicate that the organization relies entirely on volunteer leadership, that compensation is paid by a related entity, or that it's reported under a different category on the 990 form, which would require further investigation into the full filing.
What caused the operational deficits in recent years?
In fiscal years 2023 and 2020, LESCO's expenses ($18,576,329 and $20,525,959 respectively) exceeded its revenues ($16,933,823 and $18,668,690 respectively). The specific causes of these deficits are not detailed in the summary data but could be due to increased program costs, one-time expenditures, or a temporary dip in funding.
Filing History
IRS 990 filing history for Lower Eastside Service Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lower Eastside Service Center Inc's revenue has grown by 10.4%, moving from $15.3M to $16.9M. Total assets increased by 31% over the same period, from $13.2M to $17.3M. Total functional expenses rose by 21.3%, from $15.3M to $18.6M. In its most recent filing year (2023), Lower Eastside Service Center Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $12.8M in liabilities against $17.3M in assets (debt-to-asset ratio: 74.1%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.9M | $18.6M | $17.3M | $12.8M | — | — |
| 2022 | $19.9M | $18.3M | $18.2M | $12.0M | — | View 990 |
| 2021 | $19.0M | $19.0M | $18.5M | $14.0M | — | View 990 |
| 2020 | $18.7M | $20.5M | $15.5M | $11.0M | — | View 990 |
| 2019 | $18.2M | $19.2M | $16.6M | $10.3M | — | View 990 |
| 2018 | $19.0M | $18.9M | $17.4M | $9.9M | — | View 990 |
| 2017 | $23.6M | $18.5M | $17.7M | $10.3M | — | View 990 |
| 2016 | $17.7M | $17.4M | $13.4M | $13.0M | — | View 990 |
| 2015 | $16.6M | $16.5M | $10.7M | $10.6M | — | View 990 |
| 2014 | $15.4M | $15.5M | $10.9M | $10.8M | — | View 990 |
| 2013 | $14.7M | $14.6M | $11.7M | $11.6M | — | View 990 |
| 2012 | $14.2M | $14.7M | $13.6M | $13.5M | — | View 990 |
| 2011 | $15.3M | $15.3M | $13.2M | $11.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.9M, expenses of $18.6M, and assets of $17.3M (revenue -15.0% year-over-year).
- 2022: Revenue of $19.9M, expenses of $18.3M, and assets of $18.2M (revenue +4.6% year-over-year).
- 2021: Revenue of $19.0M, expenses of $19.0M, and assets of $18.5M (revenue +1.9% year-over-year).
- 2020: Revenue of $18.7M, expenses of $20.5M, and assets of $15.5M (revenue +2.7% year-over-year).
- 2019: Revenue of $18.2M, expenses of $19.2M, and assets of $16.6M (revenue -4.5% year-over-year).
- 2018: Revenue of $19.0M, expenses of $18.9M, and assets of $17.4M (revenue -19.1% year-over-year).
- 2017: Revenue of $23.6M, expenses of $18.5M, and assets of $17.7M (revenue +32.8% year-over-year).
- 2016: Revenue of $17.7M, expenses of $17.4M, and assets of $13.4M (revenue +7.0% year-over-year).
- 2015: Revenue of $16.6M, expenses of $16.5M, and assets of $10.7M (revenue +7.4% year-over-year).
- 2014: Revenue of $15.4M, expenses of $15.5M, and assets of $10.9M (revenue +5.0% year-over-year).
- 2013: Revenue of $14.7M, expenses of $14.6M, and assets of $11.7M (revenue +3.2% year-over-year).
- 2012: Revenue of $14.2M, expenses of $14.7M, and assets of $13.6M (revenue -7.1% year-over-year).
- 2011: Revenue of $15.3M, expenses of $15.3M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lower Eastside Service Center Inc:
Data Sources and Methodology
This transparency report for Lower Eastside Service Center 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.