Neighbors Together Corp
Neighbors Together Corp consistently maintains financial stability with growing assets and no reported officer compensation.
EIN: 112632109 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2,255,198 |
| Net Assets | $1.8M |
| Transparency Score | 92/100 |
Is Neighbors Together Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighbors Together Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighbors Together Corp
Neighbors Together Corp (EIN: 112632109) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $2.3M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighbors Together Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighbors Together Corp is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$28K |
| Total Assets | $2.0M |
| Total Liabilities | $159K |
| Net Assets | $1.8M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2023, Neighbors Together Corp reported a surplus of $28K with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Neighbors Together Corp's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +9.3% | +8.2% |
| 2022 | -11.9% | +1.1% | +4.9% |
| 2021 | -16.9% | +3.4% | +6.8% |
| 2020 | +76.0% | +10.9% | +73.0% |
| 2019 | +35.5% | +5.0% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Neighbors Together Corp with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Neighbors Together Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with latest revenue of $2,255,198 and assets of $2,608,038. This suggests a volunteer-led executive team or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.
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 Neighbors Together Corp's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making precise efficiency calculation difficult.
Strengths
The following positive indicators were identified for Neighbors Together Corp:
- Consistent financial stability with revenues generally exceeding expenses.
- Significant and steady growth in assets, from $310,525 in 2014 to $1,967,375 in 2023.
- Zero reported officer compensation across all filings, indicating high dedication to mission and efficient use of funds.
- Low liabilities relative to assets, demonstrating strong financial health.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Neighbors Together Corp
Is Neighbors Together Corp a legitimate charity?
Neighbors Together Corp (EIN: 112632109) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Neighbors Together Corp spend its money?
Neighbors Together Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Neighbors Together Corp tax-deductible?
Neighbors Together Corp is registered as a tax-exempt nonprofit (EIN: 112632109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighbors Together Corp CEO make?
Neighbors Together Corp's highest-compensated officer earns $2,255,198 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Neighbors Together Corp's spending goes to programs?
Neighbors Together Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Neighbors Together Corp located?
Neighbors Together Corp is headquartered in Brooklyn, New York and files with the IRS under EIN 112632109.
How many years of IRS 990 filings does Neighbors Together Corp have?
Neighbors Together Corp 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 $2.3M in total revenue.
Is Neighbors Together Corp a good charity?
Based on the available financial data, Neighbors Together Corp appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to not paying officer compensation, suggesting a high dedication to its mission.
How has Neighbors Together Corp's financial health changed over time?
Neighbors Together Corp has shown consistent financial growth and stability over the past decade. Its assets have grown significantly from $310,525 in 2014 to $1,967,375 in 2023, and revenues have generally exceeded expenses, indicating sound financial management.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based, or that any compensation is reported differently, which would mean more funds are directly available for program services rather than executive salaries.
Are Neighbors Together Corp's liabilities under control?
Yes, Neighbors Together Corp's liabilities appear to be well under control. For example, in 2023, liabilities were $159,445 against assets of $1,967,375, representing a small fraction of its total assets and indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Neighbors Together Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighbors Together Corp's revenue has grown by 143.2%, moving from $524K to $1.3M. Total assets increased by 430.5% over the same period, from $371K to $2.0M. Total functional expenses rose by 78.1%, from $700K to $1.2M. In its most recent filing year (2023), Neighbors Together Corp reported a surplus of $28K, with revenue exceeding expenses. The organization holds $159K in liabilities against $2.0M in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $2.0M | $159K | — | View 990 |
| 2022 | $1.2M | $1.1M | $1.8M | $38K | — | View 990 |
| 2021 | $1.4M | $1.1M | $1.7M | $26K | — | View 990 |
| 2020 | $1.7M | $1.1M | $1.6M | $166K | — | View 990 |
| 2019 | $942K | $984K | $938K | $48K | — | View 990 |
| 2018 | $695K | $937K | $1.0M | $79K | — | View 990 |
| 2017 | $1.3M | $723K | $1.3M | $77K | — | View 990 |
| 2016 | $774K | $555K | $683K | $76K | — | View 990 |
| 2015 | $611K | $530K | $404K | $26K | — | View 990 |
| 2014 | $587K | $511K | $311K | $13K | — | View 990 |
| 2013 | $437K | $491K | $224K | $8K | — | View 990 |
| 2012 | $424K | $517K | $278K | $7K | — | View 990 |
| 2011 | $524K | $700K | $371K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $2.0M (revenue +5.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.8M (revenue -11.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $1.7M (revenue -16.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.1M, and assets of $1.6M (revenue +76.0% year-over-year).
- 2019: Revenue of $942K, expenses of $984K, and assets of $938K (revenue +35.5% year-over-year).
- 2018: Revenue of $695K, expenses of $937K, and assets of $1.0M (revenue -46.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $723K, and assets of $1.3M (revenue +66.5% year-over-year).
- 2016: Revenue of $774K, expenses of $555K, and assets of $683K (revenue +26.7% year-over-year).
- 2015: Revenue of $611K, expenses of $530K, and assets of $404K (revenue +4.1% year-over-year).
- 2014: Revenue of $587K, expenses of $511K, and assets of $311K (revenue +34.4% year-over-year).
- 2013: Revenue of $437K, expenses of $491K, and assets of $224K (revenue +3.0% year-over-year).
- 2012: Revenue of $424K, expenses of $517K, and assets of $278K (revenue -19.1% year-over-year).
- 2011: Revenue of $524K, expenses of $700K, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighbors Together Corp:
Data Sources and Methodology
This transparency report for Neighbors Together Corp 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.