New York Edge Inc
New York Edge Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 113112635 · Woodside, NY · NTEE: N20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $72.2M |
| Total Expenses | $63.8M |
| Program Spending | 90% |
| Net Assets | $8.0M |
| Transparency Score | 90/100 |
Is New York Edge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Edge Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Edge Inc
New York Edge Inc (EIN: 113112635) is a nonprofit organization based in Woodside, NY, classified under NTEE code N20Z. The organization reported total revenue of $72.2M and total assets of $30.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Edge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Edge Inc is a major nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66.2M |
| Total Expenses | $63.8M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $33.1M |
| Total Liabilities | $25.1M |
| Net Assets | $8.0M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 75.8% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, New York Edge Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 75.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Edge Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.3% | +28.9% | +20.8% |
| 2022 | +22.7% | +20.8% | +54.8% |
| 2021 | -5.5% | -3.3% | +41.5% |
| 2020 | -4.9% | -6.0% | -17.8% |
| 2019 | +2.5% | +2.6% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Edge Inc with a Mission Score of 90 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, New York Edge Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 75.8%.
Executive Compensation Analysis
New York Edge Inc. consistently reports 0% officer compensation across all available filing periods, indicating that no salaries or other compensation were paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, and suggests a very lean or volunteer-led executive structure.
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 Edge Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported in other categories or a highly unusual executive structure.
Strengths
The following positive indicators were identified for New York Edge Inc:
- Consistent and significant revenue growth over the past decade, from $21M in 2014 to $66M in 2023.
- Strong asset accumulation, with assets growing from $6M in 2014 to $33M in 2023, indicating financial health and capacity.
- Positive financial performance with revenues generally exceeding expenses, leading to a healthy surplus in most periods.
- No reported officer compensation across all 13 filings, suggesting a highly efficient use of funds at the executive level.
Frequently Asked Questions about New York Edge Inc
Is New York Edge Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Edge Inc (EIN: 113112635) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does New York Edge Inc spend its money?
New York Edge Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York Edge Inc tax-deductible?
New York Edge Inc is registered as a tax-exempt nonprofit (EIN: 113112635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Edge Inc's spending goes to programs?
New York Edge Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Edge Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New York Edge Inc is above average for NTEE category N20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Edge Inc located?
New York Edge Inc is headquartered in Woodside, New York and files with the IRS under EIN 113112635. It is classified under NTEE code N20Z.
How many years of IRS 990 filings does New York Edge Inc have?
New York Edge 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 $72.2M in total revenue.
Is New York Edge Inc. financially stable?
Yes, New York Edge Inc. appears financially stable. Its revenue has grown significantly from $21,078,381 in 2014 to $66,211,501 in 2023, and assets have increased from $6,042,434 to $33,079,125 over the same period. The organization consistently maintains a positive net income or breaks even, and its assets significantly outweigh its liabilities.
How does New York Edge Inc. manage executive compensation?
New York Edge Inc. reports 0% officer compensation across all 13 available IRS 990 filings, which is highly unusual for an organization of its scale. This suggests either a volunteer-led executive team or that compensation is reported under different categories not captured by 'officer compensation' in the provided summary.
Has New York Edge Inc. grown over the past decade?
Yes, New York Edge Inc. has experienced substantial growth. Its revenue has more than tripled from $21,078,381 in 2014 to $66,211,501 in 2023, and its assets have grown over fivefold from $6,042,434 to $33,079,125 in the same timeframe.
Filing History
IRS 990 filing history for New York Edge Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Edge Inc's revenue has grown by 185.2%, moving from $23.2M to $66.2M. Total assets increased by 667.5% over the same period, from $4.3M to $33.1M. Total functional expenses rose by 180%, from $22.8M to $63.8M. In its most recent filing year (2023), New York Edge Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $25.1M in liabilities against $33.1M in assets (debt-to-asset ratio: 75.8%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66.2M | $63.8M | $33.1M | $25.1M | — | View 990 |
| 2022 | $50.4M | $49.5M | $27.4M | $21.9M | — | View 990 |
| 2021 | $41.1M | $41.0M | $17.7M | $13.0M | — | View 990 |
| 2020 | $43.5M | $42.4M | $12.5M | $8.0M | — | View 990 |
| 2019 | $45.7M | $45.1M | $15.2M | $11.8M | — | View 990 |
| 2018 | $44.6M | $43.9M | $13.6M | $10.9M | — | View 990 |
| 2017 | $40.5M | $40.5M | $9.6M | $7.6M | — | View 990 |
| 2016 | $38.0M | $38.0M | $10.2M | $8.2M | — | View 990 |
| 2015 | $34.8M | $34.6M | $8.3M | $6.4M | — | View 990 |
| 2014 | $21.1M | $21.3M | $6.0M | $4.4M | — | View 990 |
| 2013 | $19.2M | $19.2M | $5.6M | $3.8M | — | View 990 |
| 2012 | $22.4M | $21.8M | $4.3M | $2.1M | — | View 990 |
| 2011 | $23.2M | $22.8M | $4.3M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66.2M, expenses of $63.8M, and assets of $33.1M (revenue +31.3% year-over-year).
- 2022: Revenue of $50.4M, expenses of $49.5M, and assets of $27.4M (revenue +22.7% year-over-year).
- 2021: Revenue of $41.1M, expenses of $41.0M, and assets of $17.7M (revenue -5.5% year-over-year).
- 2020: Revenue of $43.5M, expenses of $42.4M, and assets of $12.5M (revenue -4.9% year-over-year).
- 2019: Revenue of $45.7M, expenses of $45.1M, and assets of $15.2M (revenue +2.5% year-over-year).
- 2018: Revenue of $44.6M, expenses of $43.9M, and assets of $13.6M (revenue +10.1% year-over-year).
- 2017: Revenue of $40.5M, expenses of $40.5M, and assets of $9.6M (revenue +6.5% year-over-year).
- 2016: Revenue of $38.0M, expenses of $38.0M, and assets of $10.2M (revenue +9.2% year-over-year).
- 2015: Revenue of $34.8M, expenses of $34.6M, and assets of $8.3M (revenue +65.3% year-over-year).
- 2014: Revenue of $21.1M, expenses of $21.3M, and assets of $6.0M (revenue +10.0% year-over-year).
- 2013: Revenue of $19.2M, expenses of $19.2M, and assets of $5.6M (revenue -14.3% year-over-year).
- 2012: Revenue of $22.4M, expenses of $21.8M, and assets of $4.3M (revenue -3.6% year-over-year).
- 2011: Revenue of $23.2M, expenses of $22.8M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Edge Inc:
Data Sources and Methodology
This transparency report for New York Edge 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.