Maspeth Town Hall Inc
EIN: 237259702 · Maspeth, NY · NTEE: P300
| Metric | Value |
|---|---|
| Total Revenue | $10.5M |
| Total Expenses | $9.2M |
| Net Assets | $1.9M |
Is Maspeth Town Hall Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maspeth Town Hall Inc
Maspeth Town Hall Inc (EIN: 237259702) is a nonprofit organization based in Maspeth, NY, classified under NTEE code P300. The organization reported total revenue of $10.5M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maspeth Town Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maspeth Town Hall Inc is a large nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $9.2M |
| Surplus / Deficit | $-233,897 |
| Total Assets | $2.8M |
| Total Liabilities | $936K |
| Net Assets | $1.9M |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 33.2% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Maspeth Town Hall Inc reported a deficit of $234K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 33.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Maspeth Town Hall Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +27.8% | -19.0% |
| 2022 | +65.6% | +38.3% | +60.6% |
| 2021 | -36.2% | -27.6% | -24.1% |
| 2020 | +11.0% | +13.5% | +57.1% |
| 2019 | +21.2% | +14.7% | +33.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maspeth Town Hall Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maspeth Town Hall Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $234K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.2%.
Frequently Asked Questions about Maspeth Town Hall Inc
Is Maspeth Town Hall Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maspeth Town Hall Inc (EIN: 237259702) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maspeth Town Hall Inc spend its money?
Detailed spending breakdown data is not yet available for Maspeth Town Hall Inc. Check back for updated IRS 990 analysis.
Are donations to Maspeth Town Hall Inc tax-deductible?
Maspeth Town Hall Inc is registered as a tax-exempt nonprofit (EIN: 237259702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maspeth Town Hall Inc located?
Maspeth Town Hall Inc is headquartered in Maspeth, New York and files with the IRS under EIN 237259702. It is classified under NTEE code P300.
How many years of IRS 990 filings does Maspeth Town Hall Inc have?
Maspeth Town Hall 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 $10.5M in total revenue.
Filing History
IRS 990 filing history for Maspeth Town Hall Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Maspeth Town Hall Inc's revenue has grown by 248.7%, moving from $2.6M to $8.9M. Total assets increased by 289.4% over the same period, from $724K to $2.8M. Total functional expenses rose by 276.4%, from $2.4M to $9.2M. In its most recent filing year (2023), Maspeth Town Hall Inc reported a deficit of $234K, with expenses exceeding revenue. The organization holds $936K in liabilities against $2.8M in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $9.2M | $2.8M | $936K | — | — |
| 2022 | $7.9M | $7.2M | $3.5M | $1.4M | — | View 990 |
| 2021 | $4.8M | $5.2M | $2.2M | $766K | — | View 990 |
| 2020 | $7.5M | $7.2M | $2.9M | $1.0M | — | View 990 |
| 2019 | $6.7M | $6.3M | $1.8M | $296K | — | View 990 |
| 2018 | $5.5M | $5.5M | $1.4M | $320K | — | View 990 |
| 2017 | $5.3M | $5.0M | $1.4M | $232K | — | View 990 |
| 2016 | $4.5M | $4.4M | $1.2M | $357K | — | View 990 |
| 2015 | $3.8M | $3.7M | $947K | $334K | — | View 990 |
| 2014 | $2.7M | $2.7M | $669K | $178K | — | View 990 |
| 2013 | $2.5M | $2.6M | $676K | $193K | — | View 990 |
| 2012 | $2.6M | $2.4M | $724K | $215K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $9.2M, and assets of $2.8M (revenue +13.2% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.2M, and assets of $3.5M (revenue +65.6% year-over-year).
- 2021: Revenue of $4.8M, expenses of $5.2M, and assets of $2.2M (revenue -36.2% year-over-year).
- 2020: Revenue of $7.5M, expenses of $7.2M, and assets of $2.9M (revenue +11.0% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.3M, and assets of $1.8M (revenue +21.2% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.5M, and assets of $1.4M (revenue +5.1% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.0M, and assets of $1.4M (revenue +16.8% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.4M, and assets of $1.2M (revenue +18.4% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.7M, and assets of $947K (revenue +39.4% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $669K (revenue +8.4% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.6M, and assets of $676K (revenue -1.2% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.4M, and assets of $724K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maspeth Town Hall Inc:
Data Sources and Methodology
This transparency report for Maspeth Town Hall 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.