New City Parks Inc
EIN: 274359120 · New York, NY · NTEE: N32
Is New City Parks Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New City Parks Inc
New City Parks Inc (EIN: 274359120) is a nonprofit organization based in New York, NY, classified under NTEE code N32. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New City Parks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New City Parks Inc is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2022, New City Parks Inc reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New City Parks Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New City Parks Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about New City Parks Inc
Is New City Parks Inc a legitimate charity?
New City Parks Inc (EIN: 274359120) is a registered tax-exempt nonprofit based in New York. No red flags identified. Financial health grade: B.
How does New City Parks Inc spend its money?
New City Parks Inc reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New City Parks Inc tax-deductible?
New City Parks Inc is registered as a tax-exempt nonprofit (EIN: 274359120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New City Parks Inc located?
New City Parks Inc is headquartered in New York, New York and files with the IRS under EIN 274359120. It is classified under NTEE code N32.
Filing History
IRS 990 filing history for New City Parks Inc showing financial trends over 1 year of public records:
The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New City Parks Inc:
Data Sources and Methodology
This transparency report for New City Parks 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.