New Alternatives For Children Inc
New Alternatives For Children Inc shows consistent revenue growth and healthy surpluses, with a significant increase in assets and liabilities in its latest filing.
EIN: 133149298 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35.4M |
| Total Expenses | $37.3M |
| Program Spending | 85% |
| Net Assets | $16.5M |
| Transparency Score | 85/100 |
Is New Alternatives For Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Alternatives For Children Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Alternatives For Children Inc
New Alternatives For Children Inc (EIN: 133149298) is a nonprofit organization based in New York, NY. The organization reported total revenue of $35.4M and total assets of $81.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Alternatives For Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Alternatives For Children Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.8M |
| Total Expenses | $37.3M |
| Surplus / Deficit | +$531K |
| Total Assets | $83.2M |
| Total Liabilities | $66.7M |
| Net Assets | $16.5M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 80.1% |
| Months of Reserves | 26.8 months |
Financial Health Grade: A
In 2023, New Alternatives For Children Inc reported a surplus of $531K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position), has a debt-to-asset ratio of 80.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Alternatives For Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +26.5% | +344.4% |
| 2022 | +20.0% | +6.7% | +30.0% |
| 2021 | -5.4% | -0.1% | -13.9% |
| 2020 | +27.2% | +7.5% | +87.9% |
| 2019 | +3.8% | +11.3% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
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 New Alternatives For Children 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Alternatives For Children Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $531K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.1%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all 13 filings, which suggests either that executive compensation is not reported in this specific data field or that it is exceptionally low relative to the organization's substantial revenue and asset base.
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 New Alternatives For Children Inc's IRS 990 filings:
- Significant increase in liabilities in the latest filing without clear explanation in summary data
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary
- Unusually low or unreported executive compensation for an organization of this size, potentially indicating a reporting anomaly or a need for further clarification.
Strengths
The following positive indicators were identified for New Alternatives For Children Inc:
- Consistent and strong revenue growth over the past decade, from $19.29M in 2014 to $37.84M in 2023.
- Consistent operating surpluses, indicating sound financial management and sustainability.
- Significant growth in assets, from $4.97M in 2014 to $83.20M in 2023, demonstrating increasing capacity.
- Regular and consistent IRS 990 filing history, indicating good compliance.
- Positive net assets, even with increased liabilities, showing overall financial stability.
Frequently Asked Questions about New Alternatives For Children Inc
Is New Alternatives For Children Inc a legitimate charity?
New Alternatives For Children Inc (EIN: 133149298) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $35.4M. 3 red flags identified. 5 strengths noted. Financial health grade: A.
How does New Alternatives For Children Inc spend its money?
New Alternatives For Children Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Alternatives For Children Inc tax-deductible?
New Alternatives For Children Inc is registered as a tax-exempt nonprofit (EIN: 133149298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Alternatives For Children Inc's spending goes to programs?
New Alternatives For Children Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Alternatives For Children Inc located?
New Alternatives For Children Inc is headquartered in New York, New York and files with the IRS under EIN 133149298.
How many years of IRS 990 filings does New Alternatives For Children Inc have?
New Alternatives For Children 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 $35.4M in total revenue.
What is the nature of the significant increase in liabilities to $66,665,752 in 2023?
The provided data does not specify the nature of these liabilities, but their substantial increase warrants further investigation to understand their impact on the organization's financial health and future obligations.
How does New Alternatives For Children Inc allocate its expenses between program services, administrative costs, and fundraising?
While the overall financial health is strong, the provided data does not offer a detailed functional expense breakdown to precisely answer this question. A more detailed 990 form would be needed.
Is the 0% officer compensation reported accurate, or is executive compensation reported elsewhere?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and suggests that executive compensation might be reported under a different category or is indeed very low. Further review of the full 990 form is needed for clarity.
What is the organization's liquidity position given the high liabilities in 2023?
With assets at $83,202,447 and liabilities at $66,665,752 in 2023, the net assets are still positive ($16,536,695). However, the nature of these liabilities (e.g., short-term vs. long-term) would determine the immediate liquidity impact.
Filing History
IRS 990 filing history for New Alternatives For Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Alternatives For Children Inc's revenue has grown by 146.5%, moving from $15.4M to $37.8M. Total assets increased by 1900.1% over the same period, from $4.2M to $83.2M. Total functional expenses rose by 136.7%, from $15.8M to $37.3M. In its most recent filing year (2023), New Alternatives For Children Inc reported a surplus of $531K, with revenue exceeding expenses. The organization holds $66.7M in liabilities against $83.2M in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $16.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.8M | $37.3M | $83.2M | $66.7M | — | View 990 |
| 2022 | $35.3M | $29.5M | $18.7M | $2.7M | — | View 990 |
| 2021 | $29.4M | $27.6M | $14.4M | $4.2M | — | — |
| 2020 | $31.1M | $27.7M | $16.7M | $8.3M | — | View 990 |
| 2019 | $24.4M | $25.8M | $8.9M | $3.9M | — | View 990 |
| 2018 | $23.6M | $23.1M | $10.2M | $3.9M | — | View 990 |
| 2017 | $24.2M | $21.7M | $10.0M | $4.1M | — | View 990 |
| 2016 | $21.6M | $21.0M | $7.4M | $4.0M | — | View 990 |
| 2015 | $21.0M | $20.3M | $6.0M | $3.2M | — | View 990 |
| 2014 | $19.3M | $19.3M | $5.0M | $2.8M | — | View 990 |
| 2013 | $19.1M | $18.6M | $4.4M | $2.2M | — | View 990 |
| 2012 | $18.1M | $17.0M | $4.2M | $2.5M | — | View 990 |
| 2011 | $15.4M | $15.8M | $4.2M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37.8M, expenses of $37.3M, and assets of $83.2M (revenue +7.1% year-over-year).
- 2022: Revenue of $35.3M, expenses of $29.5M, and assets of $18.7M (revenue +20.0% year-over-year).
- 2021: Revenue of $29.4M, expenses of $27.6M, and assets of $14.4M (revenue -5.4% year-over-year).
- 2020: Revenue of $31.1M, expenses of $27.7M, and assets of $16.7M (revenue +27.2% year-over-year).
- 2019: Revenue of $24.4M, expenses of $25.8M, and assets of $8.9M (revenue +3.8% year-over-year).
- 2018: Revenue of $23.6M, expenses of $23.1M, and assets of $10.2M (revenue -2.5% year-over-year).
- 2017: Revenue of $24.2M, expenses of $21.7M, and assets of $10.0M (revenue +12.1% year-over-year).
- 2016: Revenue of $21.6M, expenses of $21.0M, and assets of $7.4M (revenue +2.7% year-over-year).
- 2015: Revenue of $21.0M, expenses of $20.3M, and assets of $6.0M (revenue +8.9% year-over-year).
- 2014: Revenue of $19.3M, expenses of $19.3M, and assets of $5.0M (revenue +1.1% year-over-year).
- 2013: Revenue of $19.1M, expenses of $18.6M, and assets of $4.4M (revenue +5.3% year-over-year).
- 2012: Revenue of $18.1M, expenses of $17.0M, and assets of $4.2M (revenue +18.0% year-over-year).
- 2011: Revenue of $15.4M, expenses of $15.8M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Alternatives For Children Inc:
Data Sources and Methodology
This transparency report for New Alternatives For Children 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.