New York Center For Child Development

New York Center For Child Development reports significant asset and liability growth in 2023, with consistent 0% officer compensation.

EIN: 133879094 · New York, NY · NTEE: B99Z · Updated: 2026-03-28

$12.3MRevenue
$22.6MAssets
75/100Mission Score (Good)
B99Z
New York Center For Child Development Financial Summary
MetricValue
Total Revenue$12.3M
Total Expenses$10.1M
Program Spending85%
CEO/Top Officer Pay$9
Net Assets$3.1M
Transparency Score75/100

Is New York Center For Child Development Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New York Center For Child Development directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New York Center For Child Development

New York Center For Child Development (EIN: 133879094) is a nonprofit organization based in New York, NY, classified under NTEE code B99Z. The organization reported total revenue of $12.3M and total assets of $22.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Center For Child Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

29Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

New York Center For Child Development is a large nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$9.8M
Total Expenses$10.1M
Surplus / Deficit$-302,640
Total Assets$21.9M
Total Liabilities$18.8M
Net Assets$3.1M
Operating Margin-3.1%
Debt-to-Asset Ratio85.9%
Months of Reserves26.0 months

Financial Health Grade: C

In 2023, New York Center For Child Development reported a deficit of $303K with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 85.9% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), New York Center For Child Development's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.3%+4.1%+205.4%
2022-27.5%-8.2%-10.4%
2021+14.6%-7.5%+63.7%
2020+3.9%+7.9%+47.1%
2019+1.8%-2.6%+6.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1997

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New York Center For Child Development demonstrates consistent financial activity, with revenues and expenses generally in the range of $9.5 million to $13 million over the past decade. The organization has shown significant asset growth, particularly between 2022 and 2023, where assets increased from $7.18 million to $21.92 million, indicating substantial capital accumulation or investment. However, this asset growth is accompanied by a corresponding increase in liabilities, from $3.82 million in 2022 to $18.83 million in 2023, suggesting that the asset increase may be debt-financed or related to new long-term obligations. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure and transparency regarding executive pay. While the 0% officer compensation is a positive indicator of cost control at the executive level, the substantial increase in liabilities relative to assets in the most recent filing (202306) warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability. The organization has generally operated with expenses closely tracking revenues, sometimes exceeding them slightly, as seen in 2023 ($10.11M expenses vs. $9.81M revenue) and 2022 ($9.71M expenses vs. $9.49M revenue), indicating tight operational margins. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Center For Child Development 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: 85%
  • fundraising: 5%

According to IRS 990 filings, New York Center For Child Development 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:

$9.8MTotal Revenue
$10.1MTotal Expenses
$21.9MTotal Assets
$18.8MTotal Liabilities
$3.1MNet Assets
  • The organization reported a deficit of $303K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 85.9%.

Executive Compensation Analysis

The New York Center For Child Development consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with annual expenses exceeding $9 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 York Center For Child Development's IRS 990 filings:

  • Significant increase in liabilities from $3.82M in 2022 to $18.83M in 2023, warranting further investigation into the nature of this debt.
  • Consistent reporting of 0% officer compensation for an organization with over $9 million in annual expenses, which is highly unusual and may indicate alternative compensation structures or reporting methods.
  • Frequent instances where expenses slightly exceed revenues, suggesting tight operational margins and potential reliance on reserves or other funding to cover shortfalls.

Strengths

The following positive indicators were identified for New York Center For Child Development:

  • Consistent filing of IRS Form 990s over 13 periods, demonstrating a commitment to regulatory compliance and transparency.
  • Substantial asset growth, from $7.18 million in 2022 to $21.92 million in 2023, indicating potential for increased program capacity or long-term stability.
  • Stable revenue base, generally ranging between $9.5 million and $13 million over the past decade, suggesting consistent donor or funding support.

Frequently Asked Questions about New York Center For Child Development

Is New York Center For Child Development a legitimate charity?

New York Center For Child Development (EIN: 133879094) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does New York Center For Child Development spend its money?

New York Center For Child Development directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to New York Center For Child Development tax-deductible?

New York Center For Child Development is registered as a tax-exempt nonprofit (EIN: 133879094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New York Center For Child Development CEO make?

New York Center For Child Development's highest-compensated officer earns $9 annually. The organization reported $12.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New York Center For Child Development's spending goes to programs?

New York Center For Child Development directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New York Center For Child Development compare to similar nonprofits?

With a transparency score of 75/100 (Good), New York Center For Child Development is above average for NTEE category B99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New York Center For Child Development located?

New York Center For Child Development is headquartered in New York, New York and files with the IRS under EIN 133879094. It is classified under NTEE code B99Z.

How many years of IRS 990 filings does New York Center For Child Development have?

New York Center For Child Development 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 $12.3M in total revenue.

Why did assets increase so dramatically from $7.18 million in 2022 to $21.92 million in 2023, and what is the nature of the corresponding $18.83 million in liabilities?

The significant increase in both assets and liabilities in the 2023 filing suggests a major financial event, such as the acquisition of property, plant, and equipment, or a substantial capital project, likely financed through debt. Further detail would be needed from the full 990 to understand the specific assets acquired and the terms of the liabilities.

How does the organization manage to operate with 0% officer compensation, given its scale and complexity?

The consistent reporting of 0% officer compensation is highly unusual for an organization with over $9 million in annual expenses. This could imply that executive leadership is compensated through other means not categorized as 'officer compensation' on the 990, or that leadership roles are filled by volunteers or individuals compensated by a related entity, which would require further investigation.

What is the organization's strategy for managing its tight operational margins, as expenses frequently exceed revenues?

The organization frequently reports expenses slightly exceeding revenues, as seen in 2023 and 2022. This indicates a reliance on prior year surpluses or other funding sources to cover operational gaps. A sustainable strategy would typically aim for revenues to consistently exceed expenses to build reserves.

Filing History

IRS 990 filing history for New York Center For Child Development showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York Center For Child Development's revenue has grown by 13.9%, moving from $8.6M to $9.8M. Total assets increased by 853.3% over the same period, from $2.3M to $21.9M. Total functional expenses rose by 19.9%, from $8.4M to $10.1M. In its most recent filing year (2023), New York Center For Child Development reported a deficit of $303K, with expenses exceeding revenue. The organization holds $18.8M in liabilities against $21.9M in assets (debt-to-asset ratio: 85.9%), resulting in net assets of $3.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $9.8M $10.1M $21.9M $18.8M View 990
2022 $9.5M $9.7M $7.2M $3.8M View 990
2021 $13.1M $10.6M $8.0M $4.4M View 990
2020 $11.4M $11.4M $4.9M $3.8M View 990
2019 $11.0M $10.6M $3.3M $1.9M View 990
2018 $10.8M $10.9M $3.1M $2.0M View 990
2017 $12.2M $12.1M $3.4M $2.3M View 990
2016 $11.9M $12.6M $4.4M $3.3M View 990
2015 $12.6M $12.8M $4.1M $1.9M View 990
2014 $13.1M $12.3M $4.2M $1.8M View 990
2013 $11.0M $10.7M $3.1M $1.7M View 990
2012 $10.3M $9.7M $2.8M $2.0M View 990
2011 $8.6M $8.4M $2.3M $2.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $9.8M, expenses of $10.1M, and assets of $21.9M (revenue +3.3% year-over-year).
  • 2022: Revenue of $9.5M, expenses of $9.7M, and assets of $7.2M (revenue -27.5% year-over-year).
  • 2021: Revenue of $13.1M, expenses of $10.6M, and assets of $8.0M (revenue +14.6% year-over-year).
  • 2020: Revenue of $11.4M, expenses of $11.4M, and assets of $4.9M (revenue +3.9% year-over-year).
  • 2019: Revenue of $11.0M, expenses of $10.6M, and assets of $3.3M (revenue +1.8% year-over-year).
  • 2018: Revenue of $10.8M, expenses of $10.9M, and assets of $3.1M (revenue -11.8% year-over-year).
  • 2017: Revenue of $12.2M, expenses of $12.1M, and assets of $3.4M (revenue +3.0% year-over-year).
  • 2016: Revenue of $11.9M, expenses of $12.6M, and assets of $4.4M (revenue -5.5% year-over-year).
  • 2015: Revenue of $12.6M, expenses of $12.8M, and assets of $4.1M (revenue -4.3% year-over-year).
  • 2014: Revenue of $13.1M, expenses of $12.3M, and assets of $4.2M (revenue +19.3% year-over-year).
  • 2013: Revenue of $11.0M, expenses of $10.7M, and assets of $3.1M (revenue +6.3% year-over-year).
  • 2012: Revenue of $10.3M, expenses of $9.7M, and assets of $2.8M (revenue +20.2% year-over-year).
  • 2011: Revenue of $8.6M, expenses of $8.4M, and assets of $2.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York Center For Child Development:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New York Center For Child Development 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.

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