Neighborhood Trust Financial Partners Inc
Neighborhood Trust Financial Partners Inc experienced a significant deficit in its latest fiscal year after a strong surplus in the prior period.
EIN: 133849263 · New York, NY · NTEE: A99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $7.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $9.6M |
| Transparency Score | 75/100 |
Is Neighborhood Trust Financial Partners Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Trust Financial Partners Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Trust Financial Partners Inc
Neighborhood Trust Financial Partners Inc (EIN: 133849263) is a nonprofit organization based in New York, NY, classified under NTEE code A99. The organization reported total revenue of $7.2M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Trust Financial Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Trust Financial Partners Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-2,622,190 |
| Total Assets | $11.1M |
| Total Liabilities | $1.5M |
| Net Assets | $9.6M |
| Operating Margin | -58.0% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, Neighborhood Trust Financial Partners Inc reported a deficit of $2.6M with expenses exceeding revenue, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Neighborhood Trust Financial Partners Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.3% | +3.1% | -21.1% |
| 2022 | +51.6% | -2.7% | +29.1% |
| 2021 | -5.9% | +4.7% | +13.1% |
| 2020 | +5.9% | -0.6% | +24.8% |
| 2019 | +15.6% | +10.6% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Trust Financial Partners 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: 80%
- fundraising: 10%
According to IRS 990 filings, Neighborhood Trust Financial Partners Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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:
- The organization reported a deficit of $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.7%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size with annual revenues often exceeding $7 million. This suggests that executive compensation may be categorized differently or not reported under 'officer compensation' on the 990, which could impact transparency.
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 Trust Financial Partners Inc's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312) where expenses ($7,139,583) far exceeded revenue ($4,517,393).
- Unusually low (0%) reported officer compensation across all filings, potentially indicating a lack of transparency or alternative reporting methods for executive pay.
- Large fluctuation in revenue between 202212 ($10,843,702) and 202312 ($4,517,393), suggesting potential instability in funding.
Strengths
The following positive indicators were identified for Neighborhood Trust Financial Partners Inc:
- Generally strong asset base, peaking at over $14 million in 202212 and remaining over $11 million in 202312, indicating financial capacity.
- Historically low liabilities relative to assets, suggesting good financial management and solvency.
- Consistent history of filing IRS 990s, demonstrating a commitment to regulatory compliance.
Frequently Asked Questions about Neighborhood Trust Financial Partners Inc
Is Neighborhood Trust Financial Partners Inc a legitimate charity?
Neighborhood Trust Financial Partners Inc (EIN: 133849263) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $7.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Neighborhood Trust Financial Partners Inc spend its money?
Neighborhood Trust Financial Partners Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Neighborhood Trust Financial Partners Inc tax-deductible?
Neighborhood Trust Financial Partners Inc is registered as a tax-exempt nonprofit (EIN: 133849263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighborhood Trust Financial Partners Inc CEO make?
Neighborhood Trust Financial Partners Inc's highest-compensated officer earns $7 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Neighborhood Trust Financial Partners Inc's spending goes to programs?
Neighborhood Trust Financial Partners Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Neighborhood Trust Financial Partners Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Neighborhood Trust Financial Partners Inc is above average for NTEE category A99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Neighborhood Trust Financial Partners Inc located?
Neighborhood Trust Financial Partners Inc is headquartered in New York, New York and files with the IRS under EIN 133849263. It is classified under NTEE code A99.
How many years of IRS 990 filings does Neighborhood Trust Financial Partners Inc have?
Neighborhood Trust Financial Partners Inc has 14 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 $7.2M in total revenue.
Why did expenses significantly exceed revenue in the 202312 fiscal period?
The 202312 filing shows expenses of $7,139,583 against revenue of $4,517,393, resulting in a substantial deficit. Understanding the reasons for this specific year's financial performance is crucial.
How is executive compensation handled if 'Officer Comp' is consistently reported as 0%?
Given the organization's size and revenue, it's highly improbable that no executives receive compensation. Further clarification is needed on how executive salaries and benefits are reported within the IRS 990.
What caused the significant drop in revenue from $10,843,702 in 202212 to $4,517,393 in 202312?
This dramatic decrease in revenue year-over-year warrants an explanation to assess the stability of funding sources.
Filing History
IRS 990 filing history for Neighborhood Trust Financial Partners Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Neighborhood Trust Financial Partners Inc's revenue has declined by 5%, moving from $4.8M to $4.5M. Total assets increased by 180.6% over the same period, from $3.9M to $11.1M. Total functional expenses rose by 321.2%, from $1.7M to $7.1M. In its most recent filing year (2023), Neighborhood Trust Financial Partners Inc reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $11.1M in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $7.1M | $11.1M | $1.5M | — | — |
| 2022 | $10.8M | $6.9M | $14.0M | $1.9M | — | — |
| 2021 | $7.2M | $7.1M | $10.9M | $2.6M | — | View 990 |
| 2020 | $7.6M | $6.8M | $9.6M | $1.4M | — | View 990 |
| 2019 | $7.2M | $6.8M | $7.7M | $379K | — | View 990 |
| 2018 | $6.2M | $6.2M | $7.2M | $409K | — | View 990 |
| 2017 | $7.0M | $6.5M | $7.2M | $402K | — | — |
| 2016 | $5.5M | $5.3M | $6.8M | $443K | — | View 990 |
| 2015 | $6.2M | $4.9M | $6.7M | $525K | — | View 990 |
| 2014 | $4.5M | $4.2M | $5.2M | $378K | — | View 990 |
| 2013 | $3.7M | $3.5M | $4.8M | $223K | — | View 990 |
| 2012 | $2.7M | $3.4M | $4.5M | $153K | — | View 990 |
| 2011 | $3.4M | $2.2M | $5.1M | $73K | — | View 990 |
| 2010 | $4.8M | $1.7M | $3.9M | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $7.1M, and assets of $11.1M (revenue -58.3% year-over-year).
- 2022: Revenue of $10.8M, expenses of $6.9M, and assets of $14.0M (revenue +51.6% year-over-year).
- 2021: Revenue of $7.2M, expenses of $7.1M, and assets of $10.9M (revenue -5.9% year-over-year).
- 2020: Revenue of $7.6M, expenses of $6.8M, and assets of $9.6M (revenue +5.9% year-over-year).
- 2019: Revenue of $7.2M, expenses of $6.8M, and assets of $7.7M (revenue +15.6% year-over-year).
- 2018: Revenue of $6.2M, expenses of $6.2M, and assets of $7.2M (revenue -10.7% year-over-year).
- 2017: Revenue of $7.0M, expenses of $6.5M, and assets of $7.2M (revenue +27.6% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.3M, and assets of $6.8M (revenue -11.9% year-over-year).
- 2015: Revenue of $6.2M, expenses of $4.9M, and assets of $6.7M (revenue +37.7% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.2M, and assets of $5.2M (revenue +20.6% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.5M, and assets of $4.8M (revenue +37.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $3.4M, and assets of $4.5M (revenue -19.6% year-over-year).
- 2011: Revenue of $3.4M, expenses of $2.2M, and assets of $5.1M (revenue -29.0% year-over-year).
- 2010: Revenue of $4.8M, expenses of $1.7M, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Trust Financial Partners Inc:
Data Sources and Methodology
This transparency report for Neighborhood Trust Financial Partners 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.