National Alliance On Mental Illness Of New York City Metro

NAMI NYC Metro shows significant asset growth but recent expenses outpace revenue, with a notable increase in liabilities.

EIN: 133077692 · New York, NY · Updated: 2026-03-28

$5.9MRevenue
$5.6MGross Revenue
$9.7MAssets
75/100Mission Score (Good)
National Alliance On Mental Illness Of New York City Metro Financial Summary
MetricValue
Total Revenue$5.9M
Total Expenses$4.5M
Program Spending80%
CEO/Top Officer Pay$6
Net Assets$3.4M
Transparency Score75/100

Is National Alliance On Mental Illness Of New York City Metro Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

National Alliance On Mental Illness Of New York City Metro directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About National Alliance On Mental Illness Of New York City Metro

National Alliance On Mental Illness Of New York City Metro (EIN: 133077692) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.9M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Alliance On Mental Illness Of New York City Metro's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

44Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

National Alliance On Mental Illness Of New York City Metro is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.9M
Total Expenses$4.5M
Surplus / Deficit$-607,752
Total Assets$10.8M
Total Liabilities$7.4M
Net Assets$3.4M
Operating Margin-15.6%
Debt-to-Asset Ratio68.3%
Months of Reserves28.9 months

Financial Health Grade: C

In 2023, National Alliance On Mental Illness Of New York City Metro reported a deficit of $608K with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 68.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), National Alliance On Mental Illness Of New York City Metro's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-18.7%+21.2%+142.6%
2022+39.3%+62.2%+41.1%
2021+28.2%+8.6%+45.2%
2020+20.6%+4.0%+58.9%
2019+29.2%+10.4%+20.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1982

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The National Alliance On Mental Illness Of New York City Metro (NAMI NYC Metro) demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past five years, with revenue increasing from $2,219,913 in 2019 to $3,885,006 in 2023, and assets growing from $1,371,592 to $10,835,215 in the same period, there are some areas for closer examination. The most recent filing (202306) shows expenses exceeding revenue by over $600,000 ($4,492,758 vs. $3,885,006), which, while not necessarily a long-term issue if covered by reserves, warrants attention. The organization's spending efficiency appears to be generally good, with a strong focus on program services. However, the absence of reported officer compensation across all filings is unusual for an organization of this size and could indicate that compensation is reported under other categories or that key leadership roles are entirely volunteer, which would be a significant strength in terms of efficiency. The substantial increase in liabilities in the 202306 period to $7,401,922, compared to $413,028 in 202206, is a notable change that requires further investigation to understand its nature and impact on financial stability. In terms of transparency, the consistent filing of IRS Form 990s is a positive indicator. However, the lack of specific breakdown for program, administrative, and fundraising expenses in the provided data makes a detailed assessment of spending efficiency challenging. The zero percent officer compensation reported across all filings, while potentially positive for efficiency, could also be a point of inquiry regarding how leadership is compensated or if it's truly volunteer-led at the highest levels.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Alliance On Mental Illness Of New York City Metro 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, National Alliance On Mental Illness Of New York City Metro 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:

$3.9MTotal Revenue
$4.5MTotal Expenses
$10.8MTotal Assets
$7.4MTotal Liabilities
$3.4MNet Assets
  • The organization reported a deficit of $608K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 68.3%.

Executive Compensation Analysis

The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues approaching $6 million and assets over $9 million. This suggests either that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized differently within the financial statements, which could obscure a full understanding of administrative costs.

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 National Alliance On Mental Illness Of New York City Metro's IRS 990 filings:

  • Expenses exceeded revenue in the most recent filing (202306) by over $600,000.
  • Significant increase in liabilities from $413,028 in 202206 to $7,401,922 in 202306, requiring further investigation.
  • Consistent reporting of 0% officer compensation across all filings, which is unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay.

Strengths

The following positive indicators were identified for National Alliance On Mental Illness Of New York City Metro:

  • Strong growth in assets, increasing from $1,371,592 in 2019 to $10,835,215 in 2023, indicating growing financial capacity.
  • Consistent revenue growth over the past decade, demonstrating increasing support for its mission.
  • History of consistent IRS 990 filings, indicating good compliance and transparency in reporting.

Frequently Asked Questions about National Alliance On Mental Illness Of New York City Metro

Is National Alliance On Mental Illness Of New York City Metro a legitimate charity?

National Alliance On Mental Illness Of New York City Metro (EIN: 133077692) 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: $5.9M. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does National Alliance On Mental Illness Of New York City Metro spend its money?

National Alliance On Mental Illness Of New York City Metro directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to National Alliance On Mental Illness Of New York City Metro tax-deductible?

National Alliance On Mental Illness Of New York City Metro is registered as a tax-exempt nonprofit (EIN: 133077692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the National Alliance On Mental Illness Of New York City Metro CEO make?

National Alliance On Mental Illness Of New York City Metro's highest-compensated officer earns $6 annually. The organization reported $5.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of National Alliance On Mental Illness Of New York City Metro's spending goes to programs?

National Alliance On Mental Illness Of New York City Metro directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is National Alliance On Mental Illness Of New York City Metro located?

National Alliance On Mental Illness Of New York City Metro is headquartered in New York, New York and files with the IRS under EIN 133077692.

How many years of IRS 990 filings does National Alliance On Mental Illness Of New York City Metro have?

National Alliance On Mental Illness Of New York City Metro 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 $5.9M in total revenue.

Is NAMI NYC Metro a good charity?

NAMI NYC Metro appears to be a generally good charity, demonstrating significant growth in its capacity to serve its mission, as evidenced by its increasing assets and revenue over the past decade. However, the recent deficit in the 202306 period where expenses exceeded revenue, and the substantial increase in liabilities, warrant closer scrutiny to ensure long-term financial stability. The lack of reported officer compensation is also an unusual factor to consider.

What caused the large increase in liabilities in the 202306 filing?

The IRS 990 data shows liabilities increased from $413,028 in 202206 to $7,401,922 in 202306. Without access to the full Form 990, the specific cause cannot be determined, but it could be due to new program initiatives, capital expenditures, or changes in accounting for grants or deferred revenue.

How does NAMI NYC Metro fund its operations given the 202306 deficit?

In the 202306 period, NAMI NYC Metro's expenses ($4,492,758) exceeded its revenue ($3,885,006). This deficit would likely be covered by drawing from its accumulated assets, which stood at $10,835,215 at the end of that period, or through the utilization of restricted funds or prior year surpluses.

Filing History

IRS 990 filing history for National Alliance On Mental Illness Of New York City Metro showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), National Alliance On Mental Illness Of New York City Metro's revenue has grown by 211.4%, moving from $1.2M to $3.9M. Total assets increased by 564.8% over the same period, from $1.6M to $10.8M. Total functional expenses rose by 278.8%, from $1.2M to $4.5M. In its most recent filing year (2023), National Alliance On Mental Illness Of New York City Metro reported a deficit of $608K, with expenses exceeding revenue. The organization holds $7.4M in liabilities against $10.8M in assets (debt-to-asset ratio: 68.3%), resulting in net assets of $3.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.9M $4.5M $10.8M $7.4M View 990
2022 $4.8M $3.7M $4.5M $413K View 990
2021 $3.4M $2.3M $3.2M $181K View 990
2020 $2.7M $2.1M $2.2M $347K View 990
2019 $2.2M $2.0M $1.4M $111K View 990
2018 $1.7M $1.8M $1.1M $71K View 990
2017 $1.6M $1.7M $1.3M $89K View 990
2016 $1.9M $1.6M $1.3M $57K View 990
2015 $1.3M $1.5M $1.0M $61K View 990
2014 $1.5M $1.6M $1.4M $209K View 990
2013 $1.3M $1.4M $1.4M $186K View 990
2012 $1.2M $1.3M $1.6M $213K View 990
2011 $1.2M $1.2M $1.6M $151K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.9M, expenses of $4.5M, and assets of $10.8M (revenue -18.7% year-over-year).
  • 2022: Revenue of $4.8M, expenses of $3.7M, and assets of $4.5M (revenue +39.3% year-over-year).
  • 2021: Revenue of $3.4M, expenses of $2.3M, and assets of $3.2M (revenue +28.2% year-over-year).
  • 2020: Revenue of $2.7M, expenses of $2.1M, and assets of $2.2M (revenue +20.6% year-over-year).
  • 2019: Revenue of $2.2M, expenses of $2.0M, and assets of $1.4M (revenue +29.2% year-over-year).
  • 2018: Revenue of $1.7M, expenses of $1.8M, and assets of $1.1M (revenue +8.3% year-over-year).
  • 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $1.3M (revenue -18.5% year-over-year).
  • 2016: Revenue of $1.9M, expenses of $1.6M, and assets of $1.3M (revenue +52.1% year-over-year).
  • 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $1.0M (revenue -15.8% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $1.4M (revenue +18.7% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $1.4M (revenue +8.4% year-over-year).
  • 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $1.6M (revenue -5.2% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for National Alliance On Mental Illness Of New York City Metro:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for National Alliance On Mental Illness Of New York City Metro 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.

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