New York Foundation For Senior Citizens Home Attendant Services I
New York Foundation For Senior Citizens Home Attendant Services I consistently reports 0% officer compensation amidst steady revenue and asset growth.
EIN: 133083582 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46.3M |
| Total Expenses | $44.2M |
| Program Spending | 97% |
| CEO/Top Officer Pay | $45 |
| Net Assets | $20.8M |
| Transparency Score | 95/100 |
Is New York Foundation For Senior Citizens Home Attendant Services I Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Foundation For Senior Citizens Home Attendant Services I directs 97% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Foundation For Senior Citizens Home Attendant Services I
New York Foundation For Senior Citizens Home Attendant Services I (EIN: 133083582) is a nonprofit organization based in New York, NY. The organization reported total revenue of $46.3M and total assets of $29.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Foundation For Senior Citizens Home Attendant Services I's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Foundation For Senior Citizens Home Attendant Services I is a large nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.4M |
| Total Expenses | $44.2M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $28.3M |
| Total Liabilities | $7.4M |
| Net Assets | $20.8M |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, New York Foundation For Senior Citizens Home Attendant Services I reported a surplus of $1.1M with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Foundation For Senior Citizens Home Attendant Services I's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +9.2% | +10.8% |
| 2022 | -5.2% | -5.1% | +2.2% |
| 2021 | -7.8% | -2.7% | +8.0% |
| 2020 | +2.5% | +0.9% | +16.5% |
| 2019 | +14.9% | +17.4% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1982 |
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 Foundation For Senior Citizens Home Attendant Services I with a Mission Score of 95 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: 3%
- programs: 97%
- fundraising: 0%
According to IRS 990 filings, New York Foundation For Senior Citizens Home Attendant Services I allocates its expenses as follows: admin: 3%, programs: 97%, fundraising: 0%. With 97% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $45 million in annual revenue. This suggests that either executive leadership is entirely volunteer-based, or compensation is structured in a way that is not reported as officer compensation on the IRS Form 990, warranting further inquiry for full transparency.
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 Home Attendant Services I's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this scale may indicate a complex compensation structure or reporting anomaly that warrants further investigation for complete transparency.
Strengths
The following positive indicators were identified for New York Foundation For Senior Citizens Home Attendant Services I:
- Consistent 0% officer compensation, indicating a strong commitment to mission-focused spending.
- Strong program spending ratio, with 97% of expenses allocated to programs based on the latest filing.
- Healthy and growing asset base, increasing from $7.6 million in 2014 to $28.2 million in 2023.
- Consistent revenue growth over the past decade, demonstrating financial stability and increasing capacity.
- Positive net assets and manageable liabilities, indicating sound financial management.
Frequently Asked Questions about New York Foundation For Senior Citizens Home Attendant Services I
Is New York Foundation For Senior Citizens Home Attendant Services I a legitimate charity?
New York Foundation For Senior Citizens Home Attendant Services I (EIN: 133083582) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $46.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does New York Foundation For Senior Citizens Home Attendant Services I spend its money?
New York Foundation For Senior Citizens Home Attendant Services I directs 97% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New York Foundation For Senior Citizens Home Attendant Services I tax-deductible?
New York Foundation For Senior Citizens Home Attendant Services I is registered as a tax-exempt nonprofit (EIN: 133083582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Foundation For Senior Citizens Home Attendant Services I CEO make?
New York Foundation For Senior Citizens Home Attendant Services I's highest-compensated officer earns $45 annually. The organization reported $46.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New York Foundation For Senior Citizens Home Attendant Services I located?
New York Foundation For Senior Citizens Home Attendant Services I is headquartered in New York, New York and files with the IRS under EIN 133083582.
How many years of IRS 990 filings does New York Foundation For Senior Citizens Home Attendant Services I have?
New York Foundation For Senior Citizens Home Attendant Services I 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 $46.3M in total revenue.
Is New York Foundation For Senior Citizens Home Attendant Services I a good charity?
Based on the available IRS 990 data, the organization appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to directing funds towards its mission, evidenced by 0% officer compensation and a high program spending ratio.
How does the organization manage to have 0% officer compensation with over $45 million in revenue?
The IRS 990 filings consistently show $0 for officer compensation. This could mean that executive leadership is entirely volunteer, or that compensation is paid through a related entity or structured in a way that is not classified as 'officer compensation' on the 990. Further investigation into their operational structure and compensation policies would be needed to fully understand this.
What is the trend in the organization's financial health?
The organization shows a positive trend in financial health, with revenue growing from $33 million in 2014 to $45 million in 2023, and assets increasing from $7.6 million to $28.2 million over the same period. Expenses are well-managed relative to revenue, consistently resulting in a surplus.
Filing History
IRS 990 filing history for New York Foundation For Senior Citizens Home Attendant Services I showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Foundation For Senior Citizens Home Attendant Services I's revenue has grown by 90.2%, moving from $23.9M to $45.4M. Total assets increased by 296.3% over the same period, from $7.1M to $28.3M. Total functional expenses rose by 85.4%, from $23.9M to $44.2M. In its most recent filing year (2023), New York Foundation For Senior Citizens Home Attendant Services I reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $28.3M in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $20.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.4M | $44.2M | $28.3M | $7.4M | — | — |
| 2022 | $41.0M | $40.5M | $25.5M | $5.8M | — | View 990 |
| 2021 | $43.3M | $42.7M | $25.0M | $5.8M | — | — |
| 2020 | $46.9M | $43.9M | $23.1M | $4.5M | — | View 990 |
| 2019 | $45.8M | $43.5M | $19.8M | $4.4M | — | View 990 |
| 2018 | $39.9M | $37.0M | $19.2M | $6.1M | — | View 990 |
| 2017 | $35.8M | $32.5M | $16.4M | $6.1M | — | View 990 |
| 2016 | $32.5M | $30.2M | $12.6M | $5.6M | — | View 990 |
| 2015 | $33.5M | $31.2M | $9.8M | $5.1M | — | View 990 |
| 2014 | $33.0M | $30.6M | $7.7M | $5.3M | — | View 990 |
| 2013 | $32.1M | $32.1M | $8.7M | $8.7M | — | View 990 |
| 2012 | $30.2M | $30.2M | $7.0M | $7.0M | — | View 990 |
| 2011 | $23.9M | $23.9M | $7.1M | $7.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.4M, expenses of $44.2M, and assets of $28.3M (revenue +10.6% year-over-year).
- 2022: Revenue of $41.0M, expenses of $40.5M, and assets of $25.5M (revenue -5.2% year-over-year).
- 2021: Revenue of $43.3M, expenses of $42.7M, and assets of $25.0M (revenue -7.8% year-over-year).
- 2020: Revenue of $46.9M, expenses of $43.9M, and assets of $23.1M (revenue +2.5% year-over-year).
- 2019: Revenue of $45.8M, expenses of $43.5M, and assets of $19.8M (revenue +14.9% year-over-year).
- 2018: Revenue of $39.9M, expenses of $37.0M, and assets of $19.2M (revenue +11.4% year-over-year).
- 2017: Revenue of $35.8M, expenses of $32.5M, and assets of $16.4M (revenue +9.9% year-over-year).
- 2016: Revenue of $32.5M, expenses of $30.2M, and assets of $12.6M (revenue -3.0% year-over-year).
- 2015: Revenue of $33.5M, expenses of $31.2M, and assets of $9.8M (revenue +1.5% year-over-year).
- 2014: Revenue of $33.0M, expenses of $30.6M, and assets of $7.7M (revenue +3.0% year-over-year).
- 2013: Revenue of $32.1M, expenses of $32.1M, and assets of $8.7M (revenue +6.3% year-over-year).
- 2012: Revenue of $30.2M, expenses of $30.2M, and assets of $7.0M (revenue +26.4% year-over-year).
- 2011: Revenue of $23.9M, expenses of $23.9M, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Foundation For Senior Citizens Home Attendant Services I:
Data Sources and Methodology
This transparency report for New York Foundation For Senior Citizens Home Attendant Services I 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.