Neighborhood Association For Inter Cultural Affairs Inc
Neighborhood Association For Inter Cultural Affairs Inc shows rapid growth and high program spending, but executive compensation reporting is a concern.
EIN: 132995128 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $140.8M |
| Total Expenses | $115.1M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $2.5M |
| Transparency Score | 75/100 |
Is Neighborhood Association For Inter Cultural Affairs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Association For Inter Cultural Affairs Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Association For Inter Cultural Affairs Inc
Neighborhood Association For Inter Cultural Affairs Inc (EIN: 132995128) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $140.8M and total assets of $134.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Association For Inter Cultural Affairs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Association For Inter Cultural Affairs Inc is a major nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 36.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115.9M |
| Total Expenses | $115.1M |
| Surplus / Deficit | +$807K |
| Total Assets | $117.3M |
| Total Liabilities | $114.9M |
| Net Assets | $2.5M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 97.9% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Neighborhood Association For Inter Cultural Affairs Inc reported a surplus of $807K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 97.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Neighborhood Association For Inter Cultural Affairs Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | +43.8% | +5.0% |
| 2022 | +2.4% | -4.8% | +2.9% |
| 2021 | +26.0% | +25.2% | +403.5% |
| 2020 | +20.9% | +24.1% | +19.9% |
| 2019 | +22.2% | +26.3% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Neighborhood Association For Inter Cultural Affairs 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Neighborhood Association For Inter Cultural Affairs Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 surplus of $807K, with revenue exceeding expenses.
- Debt-to-asset ratio: 97.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all 13 filings, despite the organization's substantial growth to over $100 million in revenue, is highly unusual and raises questions about the transparency of executive remuneration.
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 Neighborhood Association For Inter Cultural Affairs Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on IRS 990s, despite significant organizational size and revenue.
- Liabilities occasionally exceeding assets in past periods (e.g., 2022), indicating potential financial strain.
Strengths
The following positive indicators were identified for Neighborhood Association For Inter Cultural Affairs Inc:
- Rapid and substantial growth in revenue and assets over the past decade, from $8.87M in 2014 to $115.92M in 2023.
- High percentage of expenses allocated to program services, indicating strong mission focus (e.g., 2023 expenses $115.11M vs revenue $115.92M, suggesting efficient spending).
- Consistent operational efficiency with expenses generally close to or below revenue in most recent years.
Frequently Asked Questions about Neighborhood Association For Inter Cultural Affairs Inc
Is Neighborhood Association For Inter Cultural Affairs Inc a legitimate charity?
Neighborhood Association For Inter Cultural Affairs Inc (EIN: 132995128) 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: $140.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Neighborhood Association For Inter Cultural Affairs Inc spend its money?
Neighborhood Association For Inter Cultural Affairs Inc directs 88% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Neighborhood Association For Inter Cultural Affairs Inc tax-deductible?
Neighborhood Association For Inter Cultural Affairs Inc is registered as a tax-exempt nonprofit (EIN: 132995128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighborhood Association For Inter Cultural Affairs Inc CEO make?
Neighborhood Association For Inter Cultural Affairs Inc's highest-compensated officer earns $100 annually. The organization reported $140.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Neighborhood Association For Inter Cultural Affairs Inc's spending goes to programs?
Neighborhood Association For Inter Cultural Affairs Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Neighborhood Association For Inter Cultural Affairs Inc located?
Neighborhood Association For Inter Cultural Affairs Inc is headquartered in Bronx, New York and files with the IRS under EIN 132995128.
How many years of IRS 990 filings does Neighborhood Association For Inter Cultural Affairs Inc have?
Neighborhood Association For Inter Cultural Affairs 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 $140.8M in total revenue.
Why is officer compensation consistently reported as 0% across all filings?
The IRS 990 filings for Neighborhood Association For Inter Cultural Affairs Inc consistently report 0% officer compensation, which is highly unusual for an organization of its size and revenue. This could indicate that executive compensation is being reported under a different category, paid by a related entity, or that the organization has an unconventional leadership structure without paid officers, which would require further investigation to confirm.
How does the organization manage its liabilities, which have sometimes exceeded assets?
In several periods, such as 2022, the organization's liabilities ($112,986,531) exceeded its assets ($111,778,534). While the latest filing shows assets ($117,333,838) exceeding liabilities ($114,852,067), this pattern suggests a potentially tight financial position at times, relying heavily on current funding to cover obligations. Further analysis of the balance sheet would be needed to understand the nature of these liabilities and the organization's liquidity management strategies.
What is the primary source of the organization's rapid revenue growth?
The organization's revenue grew from $8.87 million in 2014 to $115.92 million in 2023. While the filings indicate significant growth, the specific sources (e.g., government grants, contributions, program service revenue) are not detailed in the provided summary. Understanding the primary drivers of this growth is crucial for assessing its sustainability and impact.
Filing History
IRS 990 filing history for Neighborhood Association For Inter Cultural Affairs Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighborhood Association For Inter Cultural Affairs Inc's revenue has grown by 3943%, moving from $2.9M to $115.9M. Total assets increased by 5913.1% over the same period, from $2.0M to $117.3M. Total functional expenses rose by 4546.3%, from $2.5M to $115.1M. In its most recent filing year (2023), Neighborhood Association For Inter Cultural Affairs Inc reported a surplus of $807K, with revenue exceeding expenses. The organization holds $114.9M in liabilities against $117.3M in assets (debt-to-asset ratio: 97.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115.9M | $115.1M | $117.3M | $114.9M | — | View 990 |
| 2022 | $82.6M | $80.1M | $111.8M | $113.0M | — | View 990 |
| 2021 | $80.7M | $84.1M | $108.6M | $112.3M | — | — |
| 2020 | $64.0M | $67.1M | $21.6M | $22.0M | — | View 990 |
| 2019 | $53.0M | $54.1M | $18.0M | $16.9M | — | View 990 |
| 2018 | $43.3M | $42.8M | $15.9M | $13.7M | — | View 990 |
| 2017 | $18.2M | $29.7M | $8.1M | $17.5M | — | View 990 |
| 2016 | $17.7M | $19.8M | $7.9M | $8.0M | — | View 990 |
| 2015 | $11.3M | $11.2M | $3.8M | $1.8M | — | View 990 |
| 2014 | $8.9M | $8.9M | $2.5M | $650K | — | View 990 |
| 2013 | $8.5M | $8.4M | $2.2M | $390K | — | View 990 |
| 2012 | $7.3M | $7.2M | $2.5M | $790K | — | View 990 |
| 2011 | $2.9M | $2.5M | $2.0M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115.9M, expenses of $115.1M, and assets of $117.3M (revenue +40.4% year-over-year).
- 2022: Revenue of $82.6M, expenses of $80.1M, and assets of $111.8M (revenue +2.4% year-over-year).
- 2021: Revenue of $80.7M, expenses of $84.1M, and assets of $108.6M (revenue +26.0% year-over-year).
- 2020: Revenue of $64.0M, expenses of $67.1M, and assets of $21.6M (revenue +20.9% year-over-year).
- 2019: Revenue of $53.0M, expenses of $54.1M, and assets of $18.0M (revenue +22.2% year-over-year).
- 2018: Revenue of $43.3M, expenses of $42.8M, and assets of $15.9M (revenue +138.5% year-over-year).
- 2017: Revenue of $18.2M, expenses of $29.7M, and assets of $8.1M (revenue +2.5% year-over-year).
- 2016: Revenue of $17.7M, expenses of $19.8M, and assets of $7.9M (revenue +57.5% year-over-year).
- 2015: Revenue of $11.3M, expenses of $11.2M, and assets of $3.8M (revenue +26.9% year-over-year).
- 2014: Revenue of $8.9M, expenses of $8.9M, and assets of $2.5M (revenue +4.8% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.4M, and assets of $2.2M (revenue +16.3% year-over-year).
- 2012: Revenue of $7.3M, expenses of $7.2M, and assets of $2.5M (revenue +153.7% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.5M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Association For Inter Cultural Affairs Inc:
Data Sources and Methodology
This transparency report for Neighborhood Association For Inter Cultural Affairs 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.