New Community Cinema Club Inc
New Community Cinema Club Inc. reports significant asset growth but a recent deficit and increasing liabilities.
EIN: 112368182 · Huntington, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $3.6M |
| Transparency Score | 75/100 |
Is New Community Cinema Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Community Cinema Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Community Cinema Club Inc
New Community Cinema Club Inc (EIN: 112368182) is a nonprofit organization based in Huntington, NY. The organization reported total revenue of $1.9M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Community Cinema Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Community Cinema Club Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-395,273 |
| Total Assets | $5.1M |
| Total Liabilities | $1.5M |
| Net Assets | $3.6M |
| Operating Margin | -23.0% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 28.9 months |
Financial Health Grade: B
In 2023, New Community Cinema Club Inc reported a deficit of $395K with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Community Cinema Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +77.0% | +280.4% |
| 2022 | +122.0% | +16.3% | +132.8% |
| 2021 | -65.0% | -50.1% | -29.7% |
| 2020 | -17.1% | -16.6% | +27.3% |
| 2019 | +2.5% | -4.3% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Community Cinema Club 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, New Community Cinema Club 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 $395K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a volunteer leadership structure or compensation through non-officer categories, which is highly commendable for an organization of its size with revenues often exceeding $2 million.
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 Community Cinema Club Inc's IRS 990 filings:
- Expenses ($2,116,101) significantly exceeded revenue ($1,720,828) in the 2023 fiscal period, indicating a deficit.
- Liabilities increased substantially from $873,644 in 2022 to $1,537,494 in 2023, warranting investigation into their nature.
- Inconsistent financial performance with alternating years of surplus and deficit, suggesting potential volatility in financial management or revenue streams.
Strengths
The following positive indicators were identified for New Community Cinema Club Inc:
- Zero reported officer compensation across all filings, indicating strong fiscal responsibility at the leadership level.
- Significant growth in assets, reaching $5,094,693 in 2023, suggesting a growing resource base for the organization's mission.
- Consistent generation of substantial revenue, often exceeding $2 million, demonstrating a capacity for fundraising and operational income.
Frequently Asked Questions about New Community Cinema Club Inc
Is New Community Cinema Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Community Cinema Club Inc (EIN: 112368182) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does New Community Cinema Club Inc spend its money?
New Community Cinema Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Community Cinema Club Inc tax-deductible?
New Community Cinema Club Inc is registered as a tax-exempt nonprofit (EIN: 112368182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Community Cinema Club Inc CEO make?
New Community Cinema Club Inc's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Community Cinema Club Inc's spending goes to programs?
New Community Cinema Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Community Cinema Club Inc located?
New Community Cinema Club Inc is headquartered in Huntington, New York and files with the IRS under EIN 112368182.
How many years of IRS 990 filings does New Community Cinema Club Inc have?
New Community Cinema Club 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 $1.9M in total revenue.
What caused the significant increase in assets from $1,339,329 in 2022 to $5,094,693 in 2023?
The data suggests a substantial capital investment or acquisition, but the specific nature (e.g., property, equipment, investments) is not detailed in the provided summary.
Why did expenses ($2,116,101) exceed revenue ($1,720,828) in the 2023 fiscal period?
This indicates a deficit for the year, potentially due to increased operational costs, one-time expenditures, or a temporary dip in revenue, requiring a deeper dive into the expense categories.
What is the nature of the significant increase in liabilities from $873,644 in 2022 to $1,537,494 in 2023?
The increase in liabilities could be related to the asset growth (e.g., new loans for property) or other operational debts, which needs clarification to assess financial risk.
How does the organization sustain operations with 0% reported officer compensation?
This suggests a strong reliance on volunteer leadership or that compensation is structured in a way not captured under 'Officer Comp' on the 990, which is a positive indicator of resource allocation.
What are the specific program activities and their associated costs?
Without a detailed breakdown of expenses, it's difficult to ascertain the exact allocation to program services versus administrative or fundraising costs, which is crucial for evaluating spending efficiency.
Filing History
IRS 990 filing history for New Community Cinema Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Community Cinema Club Inc's revenue has declined by 17.2%, moving from $2.1M to $1.7M. Total assets increased by 356.6% over the same period, from $1.1M to $5.1M. Total functional expenses fell by 12.2%, from $2.4M to $2.1M. In its most recent filing year (2023), New Community Cinema Club Inc reported a deficit of $395K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $5.1M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.1M | $5.1M | $1.5M | — | View 990 |
| 2022 | $1.6M | $1.2M | $1.3M | $874K | — | View 990 |
| 2021 | $719K | $1.0M | $575K | $510K | — | View 990 |
| 2020 | $2.1M | $2.1M | $819K | $445K | — | View 990 |
| 2019 | $2.5M | $2.5M | $643K | $264K | — | View 990 |
| 2018 | $2.4M | $2.6M | $572K | $199K | — | View 990 |
| 2017 | $2.5M | $2.6M | $784K | $249K | — | View 990 |
| 2016 | $2.2M | $2.4M | $876K | $326K | — | View 990 |
| 2015 | $2.2M | $2.3M | $978K | $287K | — | View 990 |
| 2014 | $2.2M | $2.2M | $1.1M | $277K | — | View 990 |
| 2013 | $2.2M | $2.0M | $1.2M | $334K | — | View 990 |
| 2012 | $2.0M | $2.4M | $1.0M | $356K | — | View 990 |
| 2011 | $2.1M | $2.4M | $1.1M | $309K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.1M, and assets of $5.1M (revenue +7.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.2M, and assets of $1.3M (revenue +122.0% year-over-year).
- 2021: Revenue of $719K, expenses of $1.0M, and assets of $575K (revenue -65.0% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $819K (revenue -17.1% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $643K (revenue +2.5% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.6M, and assets of $572K (revenue -5.2% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.6M, and assets of $784K (revenue +14.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.4M, and assets of $876K (revenue +2.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.3M, and assets of $978K (revenue -1.8% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $1.1M (revenue +2.7% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.0M, and assets of $1.2M (revenue +10.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.4M, and assets of $1.0M (revenue -5.9% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.4M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Community Cinema Club Inc:
Data Sources and Methodology
This transparency report for New Community Cinema Club 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.