New York Association On Independent Living
New York Association On Independent Living: Strong Growth, Prudent Spending
EIN: 222432417 · Albany, NY · NTEE: P80 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $23.8M |
| Total Expenses | $21.7M |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is New York Association On Independent Living Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Association On Independent Living directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Association On Independent Living
New York Association On Independent Living (EIN: 222432417) is a nonprofit organization based in Albany, NY, classified under NTEE code P80. The organization reported total revenue of $23.8M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Association On Independent Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Association On Independent Living is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 42.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.8M |
| Total Expenses | $21.7M |
| Surplus / Deficit | +$96K |
| Total Assets | $9.0M |
| Total Liabilities | $7.8M |
| Net Assets | $1.2M |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 86.8% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, New York Association On Independent Living reported a surplus of $96K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 86.8% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), New York Association On Independent Living's revenue has grown at a compound annual growth rate (CAGR) of 42.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | +24.1% | +58.7% |
| 2022 | +7.1% | +6.7% | -27.4% |
| 2021 | +20.5% | +19.0% | +27.0% |
| 2020 | +18.5% | +19.5% | -13.3% |
| 2019 | +31.5% | +32.2% | +102.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 York Association On Independent Living 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 York Association On Independent Living 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 $96K, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.8%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in financial filings suggests no compensation from related organizations, which is a positive indicator for independent governance.
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 York Association On Independent Living:
- Consistent revenue growth from $3.2M in 2016 to $23.7M in 2023 demonstrates increasing impact and funding.
- Healthy asset growth from $1.4M in 2016 to $12.4M in 2023, indicating strong financial management.
- Low administrative and fundraising costs based on typical nonprofit benchmarks, suggesting efficient operations.
- Positive net assets across all reported years, showing financial stability.
Frequently Asked Questions about New York Association On Independent Living
Is New York Association On Independent Living a legitimate charity?
New York Association On Independent Living (EIN: 222432417) 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: $23.8M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Association On Independent Living spend its money?
New York Association On Independent Living directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Association On Independent Living tax-deductible?
New York Association On Independent Living is registered as a tax-exempt nonprofit (EIN: 222432417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Association On Independent Living's spending goes to programs?
New York Association On Independent Living directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Association On Independent Living compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New York Association On Independent Living is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Association On Independent Living located?
New York Association On Independent Living is headquartered in Albany, New York and files with the IRS under EIN 222432417. It is classified under NTEE code P80.
How many years of IRS 990 filings does New York Association On Independent Living have?
New York Association On Independent Living 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 $23.8M in total revenue.
What does New York Association On Independent Living do?
New York Association On Independent Living is a nonprofit organization in the Human Services sector, located in Albany, New York. It is classified under NTEE code P80.
How much revenue does New York Association On Independent Living have?
New York Association On Independent Living reported total revenue of $23,758,429. Based on 13 IRS 990 filings on record.
What are New York Association On Independent Living's total assets?
New York Association On Independent Living holds total assets of $12,495,909 as reported in IRS 990 filings.
Where is New York Association On Independent Living located?
New York Association On Independent Living is based in Albany, New York.
What is New York Association On Independent Living's EIN?
New York Association On Independent Living's Employer Identification Number (EIN) is 222432417. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New York Association On Independent Living?
New York Association On Independent Living is classified under NTEE code P80 (Human Services).
Is New York Association On Independent Living a registered 501(c)(3)?
Yes, New York Association On Independent Living is recognized as a tax-exempt organization by the IRS. EIN: 222432417.
Does New York Association On Independent Living file IRS Form 990?
Yes, New York Association On Independent Living has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was New York Association On Independent Living's revenue in 2023?
In the 202309 filing period, New York Association On Independent Living reported total revenue of $21,753,305, total expenses of $21,657,505, and net assets of $8,973,644.
Is New York Association On Independent Living's revenue growing or declining?
New York Association On Independent Living's revenue is growing. Revenue went from $17,708,656 (202209) to $21,753,305 (202309), a +22.8% change. Based on 13 filings on record.
What is New York Association On Independent Living's most recent 990 filing?
The most recent IRS Form 990 filing for New York Association On Independent Living covers tax period 202309. It shows revenue of $21,753,305, expenses of $21,657,505, total assets of $8,973,644, and liabilities of $7,785,795.
How much does New York Association On Independent Living spend on programs vs administration?
Based on IRS 990 analysis, New York Association On Independent Living allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is New York Association On Independent Living a trustworthy charity?
Based on AI analysis of IRS 990 data, New York Association On Independent Living appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are New York Association On Independent Living's strengths?
Positive indicators for New York Association On Independent Living include: Consistent revenue growth from $3.2M in 2016 to $23.7M in 2023 demonstrates increasing impact and funding.. Healthy asset growth from $1.4M in 2016 to $12.4M in 2023, indicating strong financial management.. Low administrative and fundraising costs based on typical nonprofit benchmarks, suggesting efficient operations.. Positive net assets across all reported years, showing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does New York Association On Independent Living compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in financial filings suggests no compensation from related organizations, which is a positive indicator for independent governance. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve such significant revenue growth, from $3.2M in 2016 to $23.7M in 2023, and what specific programs or initiatives have driven this expansion?
The provided data indicates a substantial increase in revenue, but the specific drivers of this growth (e.g., new grants, expanded programs, increased donor base) are not detailed. Further investigation into their annual reports or program descriptions would be needed to understand the underlying causes.
Filing History
IRS 990 filing history for New York Association On Independent Living showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), New York Association On Independent Living's revenue has grown by 4754%, moving from $448K to $21.8M. Total assets increased by 6208.2% over the same period, from $142K to $9.0M. Total functional expenses rose by 4334.9%, from $488K to $21.7M. In its most recent filing year (2023), New York Association On Independent Living reported a surplus of $96K, with revenue exceeding expenses. The organization holds $7.8M in liabilities against $9.0M in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.8M | $21.7M | $9.0M | $7.8M | — | — |
| 2022 | $17.7M | $17.5M | $5.7M | $4.6M | — | View 990 |
| 2021 | $16.5M | $16.4M | $7.8M | $6.9M | — | View 990 |
| 2020 | $13.7M | $13.8M | $6.1M | $5.5M | — | View 990 |
| 2019 | $11.6M | $11.5M | $7.1M | $6.4M | — | View 990 |
| 2018 | $8.8M | $8.7M | $3.5M | $2.9M | — | View 990 |
| 2017 | $6.3M | $6.2M | $3.7M | $3.2M | — | View 990 |
| 2016 | $3.3M | $3.2M | $1.4M | $1.0M | — | View 990 |
| 2015 | $3.2M | $3.1M | $2.0M | $1.7M | — | View 990 |
| 2014 | $77K | $97K | $421K | $205K | — | View 990 |
| 2014 | $365K | $396K | $292K | $56K | — | View 990 |
| 2013 | $879K | $711K | $353K | $86K | — | View 990 |
| 2012 | $448K | $488K | $142K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.8M, expenses of $21.7M, and assets of $9.0M (revenue +22.8% year-over-year).
- 2022: Revenue of $17.7M, expenses of $17.5M, and assets of $5.7M (revenue +7.1% year-over-year).
- 2021: Revenue of $16.5M, expenses of $16.4M, and assets of $7.8M (revenue +20.5% year-over-year).
- 2020: Revenue of $13.7M, expenses of $13.8M, and assets of $6.1M (revenue +18.5% year-over-year).
- 2019: Revenue of $11.6M, expenses of $11.5M, and assets of $7.1M (revenue +31.5% year-over-year).
- 2018: Revenue of $8.8M, expenses of $8.7M, and assets of $3.5M (revenue +39.2% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.2M, and assets of $3.7M (revenue +93.2% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.2M, and assets of $1.4M (revenue +3.5% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.1M, and assets of $2.0M (revenue +4012.8% year-over-year).
- 2014: Revenue of $77K, expenses of $97K, and assets of $421K (revenue -78.9% year-over-year).
- 2014: Revenue of $365K, expenses of $396K, and assets of $292K (revenue -58.5% year-over-year).
- 2013: Revenue of $879K, expenses of $711K, and assets of $353K (revenue +96.2% year-over-year).
- 2012: Revenue of $448K, expenses of $488K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Association On Independent Living:
Data Sources and Methodology
This transparency report for New York Association On Independent Living 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.