My Sisters Place Inc

My Sisters Place Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 132960628 · White Plains, NY · Updated: 2026-03-28

$8.9MRevenue

$6.4MAssets

85/100Mission Score (Excellent)

Is My Sisters Place Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

My Sisters Place Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About My Sisters Place Inc

My Sisters Place Inc (EIN: 132960628) is a nonprofit organization based in White Plains, NY. The organization reported total revenue of $8.9M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of My Sisters Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

My Sisters Place Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in the 202306 period, revenue was $8,828,794 against expenses of $8,541,462, resulting in a surplus. The organization's asset base has grown from $4,553,212 in 2014 to $7,371,956 in 2023, indicating sound financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported under 'officer compensation' in a way that is easily discernible from the provided data, which could be a point for further inquiry.

While specific program, administrative, and fundraising spending ratios are not directly provided in the raw data, the overall financial trend of revenue exceeding expenses (with a few exceptions like 2014) suggests efficient use of funds. The organization's ability to maintain a healthy asset-to-liability ratio (e.g., $7,371,956 assets vs. $3,426,934 liabilities in 2023) further underscores its financial stability. The absence of reported officer compensation in the provided data is a notable aspect of its transparency, though it would be beneficial to understand how executive salaries are categorized if they exist.

Overall, My Sisters Place Inc appears to be a financially stable organization with a positive trend in asset growth and a commitment to maintaining a surplus. The consistent filing of IRS 990s over a long period (13 filings) also indicates a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates My Sisters Place 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, My Sisters Place 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.

Executive Compensation Analysis

The provided data consistently reports 0% officer compensation across all available filing periods, suggesting that either no officers receive compensation, or their compensation is categorized differently and not reflected in this specific data point. This indicates a high level of transparency regarding this specific metric, or a need for further investigation into how executive salaries are reported.

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 My Sisters Place Inc's IRS 990 filings:

Officer compensation consistently reported as 0% may warrant further investigation to understand how executive salaries, if any, are categorized and disclosed.

Strengths

The following positive indicators were identified for My Sisters Place Inc:

Consistent revenue growth over the past decade, from $5.6M in 2014 to $8.8M in 2023.
Healthy asset growth, increasing from $4.5M in 2014 to $7.3M in 2023.
Revenues generally exceed expenses, indicating sound financial management and operational efficiency.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Strong asset-to-liability ratio, indicating good financial solvency.

Frequently Asked Questions about My Sisters Place Inc

Is My Sisters Place Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, My Sisters Place Inc (EIN: 132960628) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

How does My Sisters Place Inc spend its money?

My Sisters Place Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to My Sisters Place Inc tax-deductible?

My Sisters Place Inc is registered as a tax-exempt nonprofit (EIN: 132960628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is My Sisters Place Inc financially stable?

Yes, My Sisters Place Inc appears financially stable. Its revenues have consistently exceeded expenses in most years, leading to a significant increase in assets from $4,553,212 in 2014 to $7,371,956 in 2023.

How has My Sisters Place Inc's revenue grown over time?

My Sisters Place Inc has shown strong revenue growth, increasing from $5,617,552 in 2014 to $8,828,794 in 2023, representing a substantial increase over the decade.

What is the trend in the organization's assets?

The organization's assets have shown a consistent upward trend, growing from $4,553,212 in 2014 to $7,371,956 in 2023, indicating healthy financial accumulation.

Does My Sisters Place Inc report executive compensation?

The provided data consistently shows 0% for 'Officer Comp' across all filings, suggesting that either officers are not compensated, or their compensation is not reported under this specific category in the provided summary.

Filing History

IRS 990 filing history for My Sisters Place Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), My Sisters Place Inc's revenue has grown by 75.5%, moving from $5.0M to $8.8M. Total assets increased by 215% over the same period, from $2.3M to $7.4M. Total functional expenses rose by 78.3%, from $4.8M to $8.5M. In its most recent filing year (2023), My Sisters Place Inc reported a surplus of $287K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $7.4M in assets (debt-to-asset ratio: 46.5%), resulting in net assets of $3.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$8.8M	$8.5M	$7.4M	$3.4M	—	—
2022	$9.5M	$8.9M	$6.7M	$3.1M	—	View 990
2021	$8.0M	$7.9M	$7.1M	$3.9M	—	View 990
2020	$7.5M	$6.9M	$6.6M	$3.7M	—	View 990
2019	$6.4M	$6.3M	$5.3M	$2.9M	—	View 990
2018	$6.2M	$6.1M	$5.2M	$2.9M	—	View 990
2017	$6.2M	$6.0M	$4.5M	$2.3M	—	View 990
2016	$6.1M	$6.0M	$4.7M	$2.6M	—	View 990
2015	$5.8M	$5.6M	$4.8M	$2.8M	—	View 990
2014	$5.6M	$5.9M	$4.6M	$2.8M	—	View 990
2013	$5.9M	$5.7M	$2.9M	$832K	—	View 990
2012	$5.4M	$5.4M	$2.8M	$905K	—	View 990
2011	$5.0M	$4.8M	$2.3M	$500K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $8.8M, expenses of $8.5M, and assets of $7.4M (revenue -6.9% year-over-year).
2022: Revenue of $9.5M, expenses of $8.9M, and assets of $6.7M (revenue +18.6% year-over-year).
2021: Revenue of $8.0M, expenses of $7.9M, and assets of $7.1M (revenue +6.3% year-over-year).
2020: Revenue of $7.5M, expenses of $6.9M, and assets of $6.6M (revenue +17.5% year-over-year).
2019: Revenue of $6.4M, expenses of $6.3M, and assets of $5.3M (revenue +3.7% year-over-year).
2018: Revenue of $6.2M, expenses of $6.1M, and assets of $5.2M (revenue +0.3% year-over-year).
2017: Revenue of $6.2M, expenses of $6.0M, and assets of $4.5M (revenue +0.9% year-over-year).
2016: Revenue of $6.1M, expenses of $6.0M, and assets of $4.7M (revenue +5.4% year-over-year).
2015: Revenue of $5.8M, expenses of $5.6M, and assets of $4.8M (revenue +3.0% year-over-year).
2014: Revenue of $5.6M, expenses of $5.9M, and assets of $4.6M (revenue -4.6% year-over-year).
2013: Revenue of $5.9M, expenses of $5.7M, and assets of $2.9M (revenue +8.6% year-over-year).
2012: Revenue of $5.4M, expenses of $5.4M, and assets of $2.8M (revenue +7.8% year-over-year).
2011: Revenue of $5.0M, expenses of $4.8M, and assets of $2.3M.

Data Sources and Methodology

This transparency report for My Sisters Place 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.