New York Council Of Nonprofits Inc

New York Council Of Nonprofits consistently reports zero officer compensation amidst stable financial operations.

EIN: 141343047 · Albany, NY · NTEE: P280 · Updated: 2026-03-28

$4.0MRevenue
$4.0MAssets
85/100Mission Score (Excellent)
P280
New York Council Of Nonprofits Inc Financial Summary
MetricValue
Total Revenue$4.0M
Total Expenses$3.1M
Program Spending85%
CEO/Top Officer Pay$3
Net Assets$1.5M
Transparency Score85/100

Is New York Council Of Nonprofits Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

New York Council Of Nonprofits Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New York Council Of Nonprofits Inc

New York Council Of Nonprofits Inc (EIN: 141343047) is a nonprofit organization based in Albany, NY, classified under NTEE code P280. The organization reported total revenue of $4.0M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Council Of Nonprofits Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

61Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

New York Council Of Nonprofits Inc is a mid-size nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.1M
Total Expenses$3.1M
Surplus / Deficit$-17,531
Total Assets$3.9M
Total Liabilities$2.4M
Net Assets$1.5M
Operating Margin-0.6%
Debt-to-Asset Ratio60.6%
Months of Reserves14.9 months

Financial Health Grade: C

In 2023, New York Council Of Nonprofits Inc reported a deficit of $18K with expenses exceeding revenue, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 60.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), New York Council Of Nonprofits Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+11.4%+2.6%+20.7%
2022-20.4%+3.0%-6.7%
2021+24.2%+4.1%+10.0%
2020-16.3%-6.4%+9.3%
2019-9.7%-20.3%+14.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1965

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

AI Transparency Report

The New York Council Of Nonprofits Inc (NYCON) demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. For instance, in 2023, assets were $3,910,519 against liabilities of $2,370,365. The organization's revenue has fluctuated, with a notable dip in 2014-2015 before generally increasing, reaching a high of $4,083,294 in 2017, and then stabilizing around $3 million in recent years. Expenses have largely tracked revenue, indicating a consistent operational scale. NYCON appears to be efficient in its spending, with a strong focus on program services. While specific program spending ratios are not provided in the raw data, the absence of reported officer compensation across all filings suggests a commitment to directing resources towards its mission rather than executive salaries. This lack of reported compensation could also indicate that officers are compensated through other means or that the organization relies heavily on volunteer leadership, which would be a positive indicator of efficiency. Transparency is high given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a significant point for transparency, though further detail on how leadership is compensated (if at all) would provide even greater clarity. Overall, NYCON presents as a financially sound and operationally consistent organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Council Of Nonprofits Inc 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 Council Of Nonprofits Inc 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:

$3.1MTotal Revenue
$3.1MTotal Expenses
$3.9MTotal Assets
$2.4MTotal Liabilities
$1.5MNet Assets
  • The organization reported a deficit of $18K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 60.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues often exceeding $3 million. This suggests either that officers are uncompensated, compensated through a related entity, or that the compensation is categorized differently within the filings.

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 Council Of Nonprofits Inc's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may obscure actual leadership compensation methods.

Strengths

The following positive indicators were identified for New York Council Of Nonprofits Inc:

  • Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency.
  • Positive trend in net assets, growing from $1,686,972 in 2014 to $3,910,519 in 2023.
  • Assets consistently exceed liabilities, demonstrating financial stability (e.g., $3,910,519 assets vs. $2,370,365 liabilities in 2023).

Frequently Asked Questions about New York Council Of Nonprofits Inc

Is New York Council Of Nonprofits Inc a legitimate charity?

New York Council Of Nonprofits Inc (EIN: 141343047) 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: $4.0M. 1 red flag identified. 3 strengths noted. Financial health grade: C.

How does New York Council Of Nonprofits Inc spend its money?

New York Council Of Nonprofits Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to New York Council Of Nonprofits Inc tax-deductible?

New York Council Of Nonprofits Inc is registered as a tax-exempt nonprofit (EIN: 141343047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New York Council Of Nonprofits Inc CEO make?

New York Council Of Nonprofits Inc's highest-compensated officer earns $3 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New York Council Of Nonprofits Inc's spending goes to programs?

New York Council Of Nonprofits Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New York Council Of Nonprofits Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), New York Council Of Nonprofits Inc is above average for NTEE category P280 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New York Council Of Nonprofits Inc located?

New York Council Of Nonprofits Inc is headquartered in Albany, New York and files with the IRS under EIN 141343047. It is classified under NTEE code P280.

How many years of IRS 990 filings does New York Council Of Nonprofits Inc have?

New York Council Of Nonprofits 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 $4.0M in total revenue.

How does NYCON manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues often exceeding $3 million. This could indicate that officers are volunteers, compensated through a related entity, or that their compensation is categorized under other expense lines, which would warrant further investigation for complete transparency.

What is the trend in NYCON's net assets?

NYCON's net assets have shown a positive trend over the years, increasing from $1,686,972 in 2014 to $3,910,519 in 2023, indicating financial growth and stability.

Has NYCON consistently operated with a surplus or deficit?

NYCON has experienced both surpluses and deficits. For example, in 2021, revenue ($3,521,907) exceeded expenses ($2,973,283), resulting in a surplus. However, in 2023, expenses ($3,142,004) slightly exceeded revenue ($3,124,473), indicating a small deficit for that period. Overall, it maintains a relatively balanced budget.

Filing History

IRS 990 filing history for New York Council Of Nonprofits Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York Council Of Nonprofits Inc's revenue has grown by 18%, moving from $2.6M to $3.1M. Total assets increased by 134.5% over the same period, from $1.7M to $3.9M. Total functional expenses rose by 16.8%, from $2.7M to $3.1M. In its most recent filing year (2023), New York Council Of Nonprofits Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $2.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 60.6%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.1M $3.1M $3.9M $2.4M
2022 $2.8M $3.1M $3.2M $1.7M View 990
2021 $3.5M $3.0M $3.5M $1.6M View 990
2020 $2.8M $2.9M $3.2M $1.9M
2019 $3.4M $3.1M $2.9M $1.6M View 990
2018 $3.8M $3.8M $2.5M $1.6M View 990
2017 $4.1M $3.8M $2.6M $1.5M View 990
2016 $4.0M $3.9M $2.4M $1.6M View 990
2015 $2.0M $1.9M $1.7M $1.3M View 990
2014 $2.0M $2.0M $1.7M $1.3M View 990
2013 $2.0M $2.0M $1.7M $1.2M View 990
2012 $2.0M $1.9M $1.7M $1.3M View 990
2011 $2.6M $2.7M $1.7M $1.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.1M, expenses of $3.1M, and assets of $3.9M (revenue +11.4% year-over-year).
  • 2022: Revenue of $2.8M, expenses of $3.1M, and assets of $3.2M (revenue -20.4% year-over-year).
  • 2021: Revenue of $3.5M, expenses of $3.0M, and assets of $3.5M (revenue +24.2% year-over-year).
  • 2020: Revenue of $2.8M, expenses of $2.9M, and assets of $3.2M (revenue -16.3% year-over-year).
  • 2019: Revenue of $3.4M, expenses of $3.1M, and assets of $2.9M (revenue -9.7% year-over-year).
  • 2018: Revenue of $3.8M, expenses of $3.8M, and assets of $2.5M (revenue -8.2% year-over-year).
  • 2017: Revenue of $4.1M, expenses of $3.8M, and assets of $2.6M (revenue +1.5% year-over-year).
  • 2016: Revenue of $4.0M, expenses of $3.9M, and assets of $2.4M (revenue +100.9% year-over-year).
  • 2015: Revenue of $2.0M, expenses of $1.9M, and assets of $1.7M (revenue +0.7% year-over-year).
  • 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue -0.2% year-over-year).
  • 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue +1.8% year-over-year).
  • 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $1.7M (revenue -26.1% year-over-year).
  • 2011: Revenue of $2.6M, expenses of $2.7M, and assets of $1.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York Council Of Nonprofits Inc:

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 Council Of Nonprofits 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.

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