Metropolitan Center For Mental Health Inc
Metropolitan Center For Mental Health Inc. faces recent operating deficits despite substantial assets and zero officer compensation.
EIN: 131978365 · New York, NY · NTEE: F32Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $12.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $19.3M |
| Transparency Score | 75/100 |
Is Metropolitan Center For Mental Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metropolitan Center For Mental Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metropolitan Center For Mental Health Inc
Metropolitan Center For Mental Health Inc (EIN: 131978365) is a nonprofit organization based in New York, NY, classified under NTEE code F32Z. The organization reported total revenue of $8.2M and total assets of $23.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Center For Mental Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Center For Mental Health Inc is a mid-size nonprofit that has been operating for 62 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 | $8.3M |
| Total Expenses | $12.1M |
| Surplus / Deficit | $-3,785,015 |
| Total Assets | $23.6M |
| Total Liabilities | $4.3M |
| Net Assets | $19.3M |
| Operating Margin | -45.7% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 23.5 months |
Financial Health Grade: B
In 2023, Metropolitan Center For Mental Health Inc reported a deficit of $3.8M with expenses exceeding revenue, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Metropolitan Center For Mental Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.4% | +1.6% | -0.7% |
| 2022 | -7.4% | +12.9% | -12.1% |
| 2021 | -16.4% | +1.8% | +13.6% |
| 2020 | +29.9% | -8.7% | +35.7% |
| 2019 | +18.0% | +6.2% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Metropolitan Center For Mental Health 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Metropolitan Center For Mental Health Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with over $8 million in annual revenue and suggests a strong commitment to directing funds to its mission.
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 Metropolitan Center For Mental Health Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $3.7 million in 2023, $761,609 in 2022).
- Significant decline in revenue from $14.3 million in 2020 to $8.2 million in 2023.
- Liabilities have increased significantly from $671,559 in 2018 to $4,330,615 in 2023.
Strengths
The following positive indicators were identified for Metropolitan Center For Mental Health Inc:
- Zero officer compensation reported across all available filings, indicating strong financial ethics.
- Maintains substantial assets ($23,631,359 in 2023), providing a buffer for operations.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about Metropolitan Center For Mental Health Inc
Is Metropolitan Center For Mental Health Inc a legitimate charity?
Metropolitan Center For Mental Health Inc (EIN: 131978365) 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: $8.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Metropolitan Center For Mental Health Inc spend its money?
Metropolitan Center For Mental Health Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Metropolitan Center For Mental Health Inc tax-deductible?
Metropolitan Center For Mental Health Inc is registered as a tax-exempt nonprofit (EIN: 131978365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Metropolitan Center For Mental Health Inc CEO make?
Metropolitan Center For Mental Health Inc's highest-compensated officer earns $8 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Metropolitan Center For Mental Health Inc's spending goes to programs?
Metropolitan Center For Mental Health Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metropolitan Center For Mental Health Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Metropolitan Center For Mental Health Inc is above average for NTEE category F32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metropolitan Center For Mental Health Inc located?
Metropolitan Center For Mental Health Inc is headquartered in New York, New York and files with the IRS under EIN 131978365. It is classified under NTEE code F32Z.
How many years of IRS 990 filings does Metropolitan Center For Mental Health Inc have?
Metropolitan Center For Mental Health 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 $8.2M in total revenue.
Why has revenue declined significantly from $14.3 million in 2020 to $8.2 million in 2023?
The filings show a clear downward trend in revenue, which could be due to changes in funding sources, service demand, or operational capacity. Further investigation into the specific revenue streams would be necessary.
How does the organization cover its operating deficits, such as the $3.7 million deficit in 2023?
With expenses exceeding revenue in multiple recent years (e.g., $12,074,071 expenses vs. $8,289,056 revenue in 2023), the organization is likely drawing from its substantial assets or other reserves to cover operational costs.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses beyond total expenses. A full 990 form would be needed to determine the exact allocation of funds across these categories.
Who are the key decision-makers if no officers receive compensation?
While no officers are compensated, the organization still has a board of directors and potentially other uncompensated leadership roles that guide its operations and strategic direction.
Filing History
IRS 990 filing history for Metropolitan Center For Mental Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Metropolitan Center For Mental Health Inc's revenue has grown by 9.5%, moving from $7.6M to $8.3M. Total assets increased by 139.4% over the same period, from $9.9M to $23.6M. Total functional expenses rose by 44.6%, from $8.3M to $12.1M. In its most recent filing year (2023), Metropolitan Center For Mental Health Inc reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $4.3M in liabilities against $23.6M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $19.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $12.1M | $23.6M | $4.3M | — | — |
| 2022 | $11.1M | $11.9M | $23.8M | $4.1M | — | View 990 |
| 2021 | $12.0M | $10.5M | $27.1M | $2.9M | — | View 990 |
| 2020 | $14.4M | $10.3M | $23.8M | $3.4M | — | — |
| 2019 | $11.1M | $11.3M | $17.6M | $2.0M | — | View 990 |
| 2018 | $9.4M | $10.7M | $14.8M | $672K | — | View 990 |
| 2017 | $11.7M | $10.2M | $17.1M | $471K | — | View 990 |
| 2016 | $10.7M | $9.5M | $14.3M | $643K | — | View 990 |
| 2015 | $10.4M | $9.2M | $13.2M | $574K | — | View 990 |
| 2014 | $10.4M | $8.9M | $13.1M | $1.3M | — | View 990 |
| 2013 | $10.9M | $8.8M | $11.2M | $1.1M | — | View 990 |
| 2012 | $7.9M | $9.1M | $8.4M | $508K | — | View 990 |
| 2011 | $7.6M | $8.3M | $9.9M | $741K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $12.1M, and assets of $23.6M (revenue -25.4% year-over-year).
- 2022: Revenue of $11.1M, expenses of $11.9M, and assets of $23.8M (revenue -7.4% year-over-year).
- 2021: Revenue of $12.0M, expenses of $10.5M, and assets of $27.1M (revenue -16.4% year-over-year).
- 2020: Revenue of $14.4M, expenses of $10.3M, and assets of $23.8M (revenue +29.9% year-over-year).
- 2019: Revenue of $11.1M, expenses of $11.3M, and assets of $17.6M (revenue +18.0% year-over-year).
- 2018: Revenue of $9.4M, expenses of $10.7M, and assets of $14.8M (revenue -20.1% year-over-year).
- 2017: Revenue of $11.7M, expenses of $10.2M, and assets of $17.1M (revenue +10.0% year-over-year).
- 2016: Revenue of $10.7M, expenses of $9.5M, and assets of $14.3M (revenue +2.8% year-over-year).
- 2015: Revenue of $10.4M, expenses of $9.2M, and assets of $13.2M (revenue -0.4% year-over-year).
- 2014: Revenue of $10.4M, expenses of $8.9M, and assets of $13.1M (revenue -4.2% year-over-year).
- 2013: Revenue of $10.9M, expenses of $8.8M, and assets of $11.2M (revenue +38.4% year-over-year).
- 2012: Revenue of $7.9M, expenses of $9.1M, and assets of $8.4M (revenue +3.9% year-over-year).
- 2011: Revenue of $7.6M, expenses of $8.3M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Center For Mental Health Inc:
Data Sources and Methodology
This transparency report for Metropolitan Center For Mental Health 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.