New York Foundation For Senior Citizens Guardian Services Inc

New York Foundation For Senior Citizens Guardian Services Inc. consistently operates at break-even with zero reported officer compensation and significant asset growth matched by liabilities.

EIN: 133501671 · New York, NY · NTEE: P810 · Updated: 2026-03-28

$4.4MRevenue

$3.4MAssets

80/100Mission Score (Excellent)

P810

About New York Foundation For Senior Citizens Guardian Services Inc

New York Foundation For Senior Citizens Guardian Services Inc (EIN: 133501671) is a nonprofit organization based in New York, NY, classified under NTEE code P810. The organization reported total revenue of $4.4M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Foundation For Senior Citizens Guardian Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The New York Foundation For Senior Citizens Guardian Services Inc. demonstrates a consistent operational model where expenses closely match revenue, as seen across all provided filing periods (e.g., 202306: Revenue=$4,142,557, Expenses=$4,142,557). This indicates a break-even approach, which can be common for organizations heavily reliant on grants or government funding where funds are expended as received. The organization's assets have shown significant growth, particularly between 202206 ($667,196) and 202306 ($2,808,583), and further to the latest reported assets of $3,436,898. This substantial increase in assets, alongside an equal increase in liabilities, suggests a potential shift in financial structure or significant capital projects, warranting further investigation into the nature of these liabilities.

Spending efficiency appears to be high in terms of program delivery, given the NTEE code P810 (Services for the Elderly) and the consistent expenditure of nearly all revenue. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all filings is a notable aspect, suggesting either a fully volunteer-led executive team or compensation being reported under other expense categories, which would impact transparency. The organization's financial stability, while operating at break-even, is supported by its growing asset base, though the corresponding liabilities need to be understood.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Foundation For Senior Citizens Guardian Services Inc with a Mission Score of 80 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 Foundation For Senior Citizens Guardian Services 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization with over $4 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive salaries are categorized under other expense lines, which could obscure true administrative costs.

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 Foundation For Senior Citizens Guardian Services Inc's IRS 990 filings:

Consistent 0% officer compensation, which may obscure true executive costs or indicate an unusual operational model.
Significant and sudden increase in both assets and liabilities without clear explanation in the provided data, suggesting potential debt or restricted funds.

Strengths

The following positive indicators were identified for New York Foundation For Senior Citizens Guardian Services Inc:

Consistent expenditure of all revenue on programs and operations, indicating efficient use of funds.
Significant growth in assets, suggesting increasing capacity or investment in the organization's future.
Long history of IRS 990 filings (13 filings), indicating established operations and compliance.

Frequently Asked Questions about New York Foundation For Senior Citizens Guardian Services Inc

Why is officer compensation consistently reported as 0%?

The IRS 990 filings consistently show 0% officer compensation, which is atypical for an organization of this size. This could indicate a volunteer-led executive team or that compensation is reported under different expense categories, which would require further clarification for full transparency.

What accounts for the significant increase in assets and liabilities between 2022 and 2023?

Assets jumped from $667,196 in 202206 to $2,808,583 in 202306, with liabilities increasing by a similar amount. This suggests a major financial event, such as a capital project, significant grant with corresponding deferred revenue, or a change in accounting for certain funds, which warrants further inquiry.

How does the organization manage to operate at a consistent break-even point?

The organization consistently reports revenue equal to expenses across all periods. This indicates a tight budgeting process, potentially driven by grant funding that is fully expended within the fiscal year, or a deliberate strategy to avoid accumulating large surpluses.

Filing History

IRS 990 filing history for New York Foundation For Senior Citizens Guardian Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York Foundation For Senior Citizens Guardian Services Inc's revenue has grown by 33.8%, moving from $3.1M to $4.1M. Total assets increased by 477.8% over the same period, from $486K to $2.8M. Total functional expenses rose by 33.8%, from $3.1M to $4.1M. In its most recent filing year (2023), New York Foundation For Senior Citizens Guardian Services Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $2.8M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.1M	$4.1M	$2.8M	$2.8M	—	—
2022	$4.1M	$4.1M	$667K	$667K	—	View 990
2021	$4.4M	$4.4M	$1.1M	$1.1M	—	—
2020	$4.7M	$4.7M	$701K	$701K	—	View 990
2019	$4.6M	$4.6M	$927K	$927K	—	View 990
2018	$4.2M	$4.2M	$825K	$825K	—	View 990
2017	$3.7M	$3.7M	$755K	$755K	—	View 990
2016	$3.4M	$3.4M	$873K	$873K	—	View 990
2015	$3.1M	$3.1M	$605K	$605K	—	View 990
2014	$3.1M	$3.1M	$527K	$527K	—	View 990
2013	$3.1M	$3.1M	$404K	$404K	—	View 990
2012	$3.0M	$3.0M	$464K	$464K	—	View 990
2011	$3.1M	$3.1M	$486K	$486K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.1M, expenses of $4.1M, and assets of $2.8M (revenue +0.4% year-over-year).
2022: Revenue of $4.1M, expenses of $4.1M, and assets of $667K (revenue -5.4% year-over-year).
2021: Revenue of $4.4M, expenses of $4.4M, and assets of $1.1M (revenue -7.4% year-over-year).
2020: Revenue of $4.7M, expenses of $4.7M, and assets of $701K (revenue +2.6% year-over-year).
2019: Revenue of $4.6M, expenses of $4.6M, and assets of $927K (revenue +10.0% year-over-year).
2018: Revenue of $4.2M, expenses of $4.2M, and assets of $825K (revenue +11.5% year-over-year).
2017: Revenue of $3.7M, expenses of $3.7M, and assets of $755K (revenue +9.2% year-over-year).
2016: Revenue of $3.4M, expenses of $3.4M, and assets of $873K (revenue +10.4% year-over-year).
2015: Revenue of $3.1M, expenses of $3.1M, and assets of $605K (revenue +1.6% year-over-year).
2014: Revenue of $3.1M, expenses of $3.1M, and assets of $527K (revenue -2.3% year-over-year).
2013: Revenue of $3.1M, expenses of $3.1M, and assets of $404K (revenue +4.2% year-over-year).
2012: Revenue of $3.0M, expenses of $3.0M, and assets of $464K (revenue -3.1% year-over-year).
2011: Revenue of $3.1M, expenses of $3.1M, and assets of $486K.

Data Sources and Methodology

This transparency report for New York Foundation For Senior Citizens Guardian Services 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.