New York College Of Health Professions

New York College Of Health Professions faces significant revenue decline and asset reduction over the past decade.

EIN: 112705352 · Syosset, NY · Updated: 2026-03-28

$2.8MRevenue

$16.4MAssets

55/100Mission Score (Fair)

About New York College Of Health Professions

New York College Of Health Professions (EIN: 112705352) is a nonprofit organization based in Syosset, NY. The organization reported total revenue of $2.8M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York College Of Health Professions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

New York College Of Health Professions exhibits a concerning trend of declining revenue over the past several years, dropping from a peak of $17.6 million in 2014 to $2.7 million in 2023. This significant decrease in income, coupled with fluctuating expenses, raises questions about the long-term sustainability and operational stability of the organization. While the organization reported zero officer compensation across all available filings, which is unusual for an institution of its size and could indicate a lack of transparency in reporting executive benefits or a unique operational model, it also means a very high percentage of expenses are directed towards non-executive costs.

The organization's assets have also seen a substantial decline, from over $53 million in 2017 to $16.3 million in 2023, indicating a significant reduction in its financial reserves and capacity. The liabilities have also fluctuated, with a notable increase in 2023 to $3.3 million from $464,241 in 2022, which warrants further investigation. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency accurately, particularly the allocation between program, administrative, and fundraising costs.

Overall, the financial health of New York College Of Health Professions appears to be under stress due to the consistent decline in revenue and assets. While the reported zero officer compensation is a positive indicator for direct program spending, the broader financial trends suggest a need for closer scrutiny regarding revenue generation strategies, expense management, and the overall financial trajectory of the institution. The significant one-time expense spike in 2018 to $45.4 million against a revenue of $7.3 million is a major red flag that requires detailed explanation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York College Of Health Professions with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, New York College Of Health Professions allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an institution of its size and could indicate that executive compensation is either not being reported or is structured in a non-traditional manner, making it difficult to assess relative to organizational size.

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 College Of Health Professions's IRS 990 filings:

Consistent and significant decline in revenue over the past decade (from $17.6M in 2014 to $2.7M in 2023).
Massive unexplained expense of $45.4 million in 2018 against only $7.3 million in revenue.
Substantial decrease in total assets from $53.2 million in 2017 to $16.3 million in 2023.
Consistently reported 0% officer compensation, which is highly unusual for an organization of this type and size.
Significant fluctuation in liabilities, with a notable increase in 2023 to $3.3 million from $464,241 in 2022.

Strengths

The following positive indicators were identified for New York College Of Health Professions:

Reported zero officer compensation suggests a high proportion of funds are not allocated to executive salaries.
Maintained positive net assets despite revenue decline, indicating some financial resilience.

Frequently Asked Questions about New York College Of Health Professions

What caused the dramatic decline in revenue from $17.6 million in 2014 to $2.7 million in 2023?

The provided data shows a consistent and significant decrease in reported revenue over the last decade, indicating potential challenges in student enrollment, funding, or operational scope.

What was the nature of the $45.4 million expense in 2018, given the revenue was only $7.3 million that year?

This massive expense in 2018, disproportionate to the revenue, is a significant anomaly that requires detailed explanation to understand its impact on the organization's financial health and operations.

How does the organization manage to operate with consistently reported zero officer compensation?

The consistent reporting of 0% officer compensation is highly unusual for an educational institution and warrants further inquiry into how executive leadership is compensated or if benefits are reported under different categories.

What is the reason for the substantial decrease in assets from $53.2 million in 2017 to $16.3 million in 2023?

The significant reduction in assets suggests either divestment, depreciation, or utilization of reserves, which impacts the organization's long-term financial stability and capacity.

Filing History

IRS 990 filing history for New York College Of Health Professions showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York College Of Health Professions's revenue has declined by 72.4%, moving from $9.8M to $2.7M. Total assets decreased by 58.8% over the same period, from $39.6M to $16.3M. Total functional expenses fell by 66.8%, from $8.1M to $2.7M. In its most recent filing year (2023), New York College Of Health Professions reported a surplus of $26K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $16.3M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $13.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.7M	$2.7M	$16.3M	$3.3M	—	—
2022	$5.1M	$5.0M	$13.4M	$464K	—	View 990
2021	$7.3M	$6.5M	$13.4M	$601K	—	View 990
2020	$7.0M	$6.4M	$14.3M	$2.3M	—	View 990
2019	$7.5M	$7.3M	$15.0M	$3.7M	—	View 990
2018	$7.4M	$45.4M	$15.1M	$3.9M	—	View 990
2017	$13.4M	$10.6M	$53.2M	$4.0M	—	View 990
2016	$13.4M	$10.5M	$50.6M	$3.0M	—	View 990
2015	$13.2M	$10.9M	$49.1M	$4.2M	—	View 990
2014	$17.6M	$12.4M	$47.3M	$4.8M	—	View 990
2013	$13.9M	$10.8M	$42.6M	$5.4M	—	View 990
2012	$13.5M	$10.6M	$39.4M	$5.3M	—	View 990
2011	$9.8M	$8.1M	$39.6M	$4.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.7M, expenses of $2.7M, and assets of $16.3M (revenue -46.7% year-over-year).
2022: Revenue of $5.1M, expenses of $5.0M, and assets of $13.4M (revenue -30.6% year-over-year).
2021: Revenue of $7.3M, expenses of $6.5M, and assets of $13.4M (revenue +4.1% year-over-year).
2020: Revenue of $7.0M, expenses of $6.4M, and assets of $14.3M (revenue -6.0% year-over-year).
2019: Revenue of $7.5M, expenses of $7.3M, and assets of $15.0M (revenue +1.5% year-over-year).
2018: Revenue of $7.4M, expenses of $45.4M, and assets of $15.1M (revenue -45.1% year-over-year).
2017: Revenue of $13.4M, expenses of $10.6M, and assets of $53.2M (revenue +0.5% year-over-year).
2016: Revenue of $13.4M, expenses of $10.5M, and assets of $50.6M (revenue +1.3% year-over-year).
2015: Revenue of $13.2M, expenses of $10.9M, and assets of $49.1M (revenue -25.1% year-over-year).
2014: Revenue of $17.6M, expenses of $12.4M, and assets of $47.3M (revenue +26.6% year-over-year).
2013: Revenue of $13.9M, expenses of $10.8M, and assets of $42.6M (revenue +2.7% year-over-year).
2012: Revenue of $13.5M, expenses of $10.6M, and assets of $39.4M (revenue +37.8% year-over-year).
2011: Revenue of $9.8M, expenses of $8.1M, and assets of $39.6M.

Data Sources and Methodology

This transparency report for New York College Of Health Professions 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.