New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa
New York District Council Carpenters Training Fund shows consistent operations but recent deficits.
EIN: 132583087 · New York, NY · NTEE: J220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.8M |
| Total Expenses | $15.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $39 |
| Net Assets | $28.6M |
| Transparency Score | 75/100 |
Is New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa (EIN: 132583087) is a nonprofit organization based in New York, NY, classified under NTEE code J220. The organization reported total revenue of $22.8M and total assets of $42.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa is a large nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.3M |
| Total Expenses | $15.5M |
| Surplus / Deficit | $-2,231,981 |
| Total Assets | $39.5M |
| Total Liabilities | $10.9M |
| Net Assets | $28.6M |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 27.6% |
| Months of Reserves | 30.5 months |
Financial Health Grade: B
In 2023, New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa reported a deficit of $2.2M with expenses exceeding revenue, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 27.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | -1.2% | +21.9% |
| 2022 | +4.6% | +7.0% | -16.2% |
| 2021 | -8.1% | +3.6% | +4.9% |
| 2020 | -18.6% | -4.2% | -0.2% |
| 2019 | +6.4% | +3.5% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
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 District Council Crpntrs Apprntcshp Jrnymn Retraing Educa 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 District Council Crpntrs Apprntcshp Jrnymn Retraing Educa 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 deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is unusual for an organization of this size with assets exceeding $39 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 District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $2.2M in 202306, $2.1M in 202206, $1.7M in 202106) where expenses exceeded revenue.
- Unusual reporting of 0% officer compensation across all filings for an organization of this financial scale, which may obscure actual executive remuneration.
- Increase in liabilities from $3.1 million in 202206 to $10.9 million in 202306, warranting further investigation into the nature of these new obligations.
Strengths
The following positive indicators were identified for New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa:
- Long history of consistent operations and IRS 990 filings (13 periods), indicating stability and transparency in reporting.
- Significant and growing asset base, increasing from $24.5 million in 2014 to $39.5 million in 2023, demonstrating financial strength.
- Consistent revenue generation in the multi-million dollar range over the past decade, supporting ongoing program delivery.
Frequently Asked Questions about New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa
Is New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa a legitimate charity?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa (EIN: 132583087) 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: $22.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa spend its money?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa tax-deductible?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa is registered as a tax-exempt nonprofit (EIN: 132583087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa CEO make?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's highest-compensated officer earns $39 annually. The organization reported $22.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's spending goes to programs?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa compare to similar nonprofits?
With a transparency score of 75/100 (Good), New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa is above average for NTEE category J220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa located?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa is headquartered in New York, New York and files with the IRS under EIN 132583087. It is classified under NTEE code J220.
How many years of IRS 990 filings does New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa have?
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa 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 $22.8M in total revenue.
Why has the organization reported 0% officer compensation for all periods?
The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization with annual revenues in the tens of millions and assets approaching $40 million. This could indicate that executive roles are volunteer-based, compensated through a related entity, or that compensation is reported under different expense categories.
What is the cause of the recent deficits, such as the $2.2 million deficit in 202306?
For the period 202306, expenses ($15,530,683) exceeded revenue ($13,298,702) by over $2.2 million. Similar deficits occurred in 202206 and 202106. Understanding the specific drivers of these increased expenses or decreased revenues is crucial for assessing financial sustainability.
How are program, administrative, and fundraising expenses allocated?
The provided data does not offer a detailed breakdown of how the total expenses are allocated among program services, administrative costs, and fundraising efforts. This information is essential for evaluating the organization's spending efficiency and program focus.
Filing History
IRS 990 filing history for New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa's revenue has grown by 0.7%, moving from $13.2M to $13.3M. Total assets increased by 145.4% over the same period, from $16.1M to $39.5M. Total functional expenses rose by 23.3%, from $12.6M to $15.5M. In its most recent filing year (2023), New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $10.9M in liabilities against $39.5M in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $28.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.3M | $15.5M | $39.5M | $10.9M | — | View 990 |
| 2022 | $13.6M | $15.7M | $32.4M | $3.2M | — | View 990 |
| 2021 | $13.0M | $14.7M | $38.7M | $3.4M | — | View 990 |
| 2020 | $14.1M | $14.2M | $36.9M | $3.8M | — | View 990 |
| 2019 | $17.3M | $14.8M | $37.0M | $4.0M | — | View 990 |
| 2018 | $16.3M | $14.3M | $34.3M | $4.3M | — | View 990 |
| 2017 | $16.2M | $13.8M | $32.1M | $4.7M | — | View 990 |
| 2016 | $16.3M | $14.1M | $29.6M | $4.9M | — | View 990 |
| 2015 | $14.8M | $13.3M | $27.1M | $4.9M | — | View 990 |
| 2014 | $14.5M | $11.5M | $24.5M | $3.6M | — | View 990 |
| 2013 | $12.8M | $11.3M | $19.0M | $1.1M | — | View 990 |
| 2012 | $13.2M | $12.3M | $16.7M | $281K | — | View 990 |
| 2011 | $13.2M | $12.6M | $16.1M | $627K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.3M, expenses of $15.5M, and assets of $39.5M (revenue -1.9% year-over-year).
- 2022: Revenue of $13.6M, expenses of $15.7M, and assets of $32.4M (revenue +4.6% year-over-year).
- 2021: Revenue of $13.0M, expenses of $14.7M, and assets of $38.7M (revenue -8.1% year-over-year).
- 2020: Revenue of $14.1M, expenses of $14.2M, and assets of $36.9M (revenue -18.6% year-over-year).
- 2019: Revenue of $17.3M, expenses of $14.8M, and assets of $37.0M (revenue +6.4% year-over-year).
- 2018: Revenue of $16.3M, expenses of $14.3M, and assets of $34.3M (revenue +0.8% year-over-year).
- 2017: Revenue of $16.2M, expenses of $13.8M, and assets of $32.1M (revenue -1.1% year-over-year).
- 2016: Revenue of $16.3M, expenses of $14.1M, and assets of $29.6M (revenue +10.2% year-over-year).
- 2015: Revenue of $14.8M, expenses of $13.3M, and assets of $27.1M (revenue +2.5% year-over-year).
- 2014: Revenue of $14.5M, expenses of $11.5M, and assets of $24.5M (revenue +13.3% year-over-year).
- 2013: Revenue of $12.8M, expenses of $11.3M, and assets of $19.0M (revenue -3.3% year-over-year).
- 2012: Revenue of $13.2M, expenses of $12.3M, and assets of $16.7M (revenue +-0.0% year-over-year).
- 2011: Revenue of $13.2M, expenses of $12.6M, and assets of $16.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa:
Data Sources and Methodology
This transparency report for New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa 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.