New York City Industries For The Blind Inc
New York City Industries For The Blind Inc reports zero revenue and assets in latest filing, a sharp decline from previous years.
EIN: 133862439 · Brooklyn, NY · NTEE: J330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $5.8M |
| Transparency Score | 10/100 |
Is New York City Industries For The Blind Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New York City Industries For The Blind Inc
New York City Industries For The Blind Inc (EIN: 133862439) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code J330. 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 York City Industries For The Blind Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York City Industries For The Blind Inc is a mid-size nonprofit that has been operating for 30 years, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -37.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-3,743,663 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -180.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2014, New York City Industries For The Blind Inc reported a deficit of $3.7M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2012–2014), New York City Industries For The Blind Inc's revenue has declined at a compound annual growth rate (CAGR) of -37.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -35.1% | +61.0% | -100.0% |
| 2013 | -39.6% | -9.7% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 City Industries For The Blind Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New York City Industries For The Blind Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.7M, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation was reported across all available filings, which could indicate a volunteer-led organization or a lack of paid executive staff, especially given the recent financial state.
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 City Industries For The Blind Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential cessation of operations.
- Significant and consistent operating deficits in prior years (e.g., $2.7 million deficit in 2014).
- Complete depletion of assets from over $6 million to $0 in a short period.
Strengths
The following positive indicators were identified for New York City Industries For The Blind Inc:
- No reported officer compensation across all filings, suggesting volunteer leadership or efficient use of funds in that area when operational.
Frequently Asked Questions about New York City Industries For The Blind Inc
Is New York City Industries For The Blind Inc a legitimate charity?
New York City Industries For The Blind Inc (EIN: 133862439) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 10/100. It has 3 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does New York City Industries For The Blind Inc spend its money?
New York City Industries For The Blind Inc reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New York City Industries For The Blind Inc tax-deductible?
New York City Industries For The Blind Inc is registered as a tax-exempt nonprofit (EIN: 133862439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New York City Industries For The Blind Inc compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), New York City Industries For The Blind Inc is below average for NTEE category J330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York City Industries For The Blind Inc located?
New York City Industries For The Blind Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133862439. It is classified under NTEE code J330.
How many years of IRS 990 filings does New York City Industries For The Blind Inc have?
New York City Industries For The Blind Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is New York City Industries For The Blind Inc still operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly questionable whether New York City Industries For The Blind Inc is still actively operational. This represents a significant decline from previous years where it reported millions in revenue and assets.
What caused the drastic decline in revenue and assets?
The provided data does not specify the reasons for the drastic decline in revenue and assets from millions to zero. Further investigation into the organization's activities or public records would be necessary to understand the cause.
How did the organization manage expenses significantly higher than revenue in 2014?
In 2014, the organization reported expenses of $5,816,068 against revenue of $2,072,405, indicating a substantial operating deficit. Without further information, it's unclear how these expenses were covered, potentially through drawing down reserves or other financial mechanisms not detailed in the summary.
Filing History
IRS 990 filing history for New York City Industries For The Blind Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), New York City Industries For The Blind Inc's revenue has declined by 60.7%, moving from $5.3M to $2.1M. Total assets decreased by 100% over the same period, from $6.3M to $0. Total functional expenses rose by 45.4%, from $4.0M to $5.8M. In its most recent filing year (2014), New York City Industries For The Blind Inc reported a deficit of $3.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2.1M | $5.8M | $0 | $0 | — | View 990 |
| 2013 | $3.2M | $3.6M | $6.1M | $2.4M | — | View 990 |
| 2012 | $5.3M | $4.0M | $6.3M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2.1M, expenses of $5.8M, and assets of $0 (revenue -35.1% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.6M, and assets of $6.1M (revenue -39.6% year-over-year).
- 2012: Revenue of $5.3M, expenses of $4.0M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York City Industries For The Blind Inc:
Data Sources and Methodology
This transparency report for New York City Industries For The Blind 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.