New City Neighbors
New City Neighbors shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 208058756 · Grand Rapids, MI · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $816K |
| Total Expenses | $624K |
| Program Spending | 85% |
| Net Assets | $674K |
| Transparency Score | 90/100 |
Is New City Neighbors Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New City Neighbors directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New City Neighbors
New City Neighbors (EIN: 208058756) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code O50. The organization reported total revenue of $816K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New City Neighbors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New City Neighbors is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $702K |
| Total Expenses | $624K |
| Surplus / Deficit | +$79K |
| Total Assets | $833K |
| Total Liabilities | $159K |
| Net Assets | $674K |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 19.1% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, New City Neighbors reported a surplus of $79K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 19.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New City Neighbors's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.2% | +20.7% | +9.2% |
| 2022 | -33.5% | +44.0% | -11.9% |
| 2021 | -5.8% | +14.8% | +38.6% |
| 2020 | +93.2% | -19.3% | +377.4% |
| 2019 | -9.7% | -2.3% | -25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 City Neighbors with a Mission Score of 90 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 City Neighbors 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 $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.1%.
Executive Compensation Analysis
New City Neighbors consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that these roles are entirely volunteer-based, which is highly favorable for directing funds to programs.
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.
Strengths
The following positive indicators were identified for New City Neighbors:
- Consistent revenue growth, reaching $702,286 in 2023.
- Significant asset accumulation, growing to $832,805 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Positive net income in recent years, demonstrating financial sustainability (e.g., $78,512 in 2023).
- Long filing history (13 filings) indicates established operations and transparency.
Frequently Asked Questions about New City Neighbors
Is New City Neighbors a legitimate charity?
New City Neighbors (EIN: 208058756) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $816K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New City Neighbors spend its money?
New City Neighbors directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New City Neighbors tax-deductible?
New City Neighbors is registered as a tax-exempt nonprofit (EIN: 208058756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New City Neighbors's spending goes to programs?
New City Neighbors directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New City Neighbors compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New City Neighbors is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New City Neighbors located?
New City Neighbors is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 208058756. It is classified under NTEE code O50.
How many years of IRS 990 filings does New City Neighbors have?
New City Neighbors 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 $816K in total revenue.
Is New City Neighbors a good charity?
Based on the available financial data, New City Neighbors appears to be a good charity. They demonstrate strong financial health, consistent revenue growth, and a notable commitment to efficiency by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed towards their mission.
How has New City Neighbors' financial health changed over time?
New City Neighbors has shown significant financial growth and improved health over time. Revenue has grown from $257,516 in 2014 to $702,286 in 2023, and assets have increased substantially from $60,277 to $832,805 over the same period, indicating strong financial management and sustainability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, as evidenced by 0% officer compensation reported in all available IRS 990 filings. This suggests that executive leadership roles are either volunteer-based or compensated through non-officer classifications, maximizing funds for programmatic activities.
Filing History
IRS 990 filing history for New City Neighbors showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New City Neighbors's revenue has grown by 548.6%, moving from $108K to $702K. Total assets increased by 4003.9% over the same period, from $20K to $833K. Total functional expenses rose by 563.3%, from $94K to $624K. In its most recent filing year (2023), New City Neighbors reported a surplus of $79K, with revenue exceeding expenses. The organization holds $159K in liabilities against $833K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $674K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $702K | $624K | $833K | $159K | — | — |
| 2022 | $406K | $517K | $763K | $167K | — | View 990 |
| 2021 | $610K | $359K | $866K | $160K | — | View 990 |
| 2020 | $648K | $312K | $625K | $169K | — | View 990 |
| 2019 | $335K | $387K | $131K | $11K | — | View 990 |
| 2018 | $371K | $397K | $175K | $3K | — | View 990 |
| 2017 | $363K | $298K | $206K | $9K | — | View 990 |
| 2016 | $343K | $276K | $138K | $6K | — | View 990 |
| 2015 | $295K | $289K | $68K | $3K | — | View 990 |
| 2014 | $258K | $237K | $60K | $1K | — | View 990 |
| 2013 | $217K | $218K | $39K | $1K | — | View 990 |
| 2012 | $207K | $188K | $39K | $351 | — | View 990 |
| 2011 | $108K | $94K | $20K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $702K, expenses of $624K, and assets of $833K (revenue +73.2% year-over-year).
- 2022: Revenue of $406K, expenses of $517K, and assets of $763K (revenue -33.5% year-over-year).
- 2021: Revenue of $610K, expenses of $359K, and assets of $866K (revenue -5.8% year-over-year).
- 2020: Revenue of $648K, expenses of $312K, and assets of $625K (revenue +93.2% year-over-year).
- 2019: Revenue of $335K, expenses of $387K, and assets of $131K (revenue -9.7% year-over-year).
- 2018: Revenue of $371K, expenses of $397K, and assets of $175K (revenue +2.2% year-over-year).
- 2017: Revenue of $363K, expenses of $298K, and assets of $206K (revenue +5.9% year-over-year).
- 2016: Revenue of $343K, expenses of $276K, and assets of $138K (revenue +16.3% year-over-year).
- 2015: Revenue of $295K, expenses of $289K, and assets of $68K (revenue +14.6% year-over-year).
- 2014: Revenue of $258K, expenses of $237K, and assets of $60K (revenue +18.7% year-over-year).
- 2013: Revenue of $217K, expenses of $218K, and assets of $39K (revenue +4.7% year-over-year).
- 2012: Revenue of $207K, expenses of $188K, and assets of $39K (revenue +91.3% year-over-year).
- 2011: Revenue of $108K, expenses of $94K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New City Neighbors:
Data Sources and Methodology
This transparency report for New City Neighbors 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.