New York & New England Apple Institute Inc
New York & New England Apple Institute Inc. consistently operates with revenues closely matching expenses and zero reported officer compensation.
EIN: 141401530 · Gales Ferry, CT · Updated: 2026-03-28
Is New York & New England Apple Institute 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 & New England Apple Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York & New England Apple Institute Inc
New York & New England Apple Institute Inc (EIN: 141401530) is a nonprofit organization based in Gales Ferry, CT. The organization reported total revenue of $142K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York & New England Apple Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York & New England Apple Institute Inc is a small nonprofit that has been operating for 60 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $147K |
| Surplus / Deficit | $-5,799 |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | -4.1% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, New York & New England Apple Institute Inc reported a deficit of $6K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), New York & New England Apple Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +121.5% | +114.8% | -3.3% |
| 2021 | -49.9% | -48.4% | -13.6% |
| 2020 | -0.5% | -0.5% | -13.3% |
| 2019 | -7.9% | -5.4% | -11.9% |
| 2018 | +7.6% | +12.2% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
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 & New England Apple Institute 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New York & New England Apple Institute 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:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for donor perception and suggests a strong commitment to minimizing 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 & New England Apple Institute Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
- Consistent slight operating deficits in recent years (e.g., 202306: $141,591 revenue vs. $147,390 expenses)
Strengths
The following positive indicators were identified for New York & New England Apple Institute Inc:
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs
- No liabilities reported in recent filings (e.g., $0 in 202306, 202106, 202006), indicating a healthy balance sheet
- Consistent revenue generation over a decade, demonstrating stable donor or funding base
- Modest asset base suggests resources are primarily directed towards operations rather than accumulation
Frequently Asked Questions about New York & New England Apple Institute Inc
Is New York & New England Apple Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York & New England Apple Institute Inc (EIN: 141401530) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does New York & New England Apple Institute Inc spend its money?
New York & New England Apple Institute Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York & New England Apple Institute Inc tax-deductible?
New York & New England Apple Institute Inc is registered as a tax-exempt nonprofit (EIN: 141401530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs or activities that the New York & New England Apple Institute Inc. funds?
The provided financial data does not detail specific programs. Further investigation into their public mission statement or annual reports would be necessary to understand their programmatic activities.
How does the organization manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or their compensation is structured in a way that is not reported as 'officer compensation' on the 990 form, such as through a related entity or as general staff salaries if they are not considered 'officers'.
Given the fluctuating revenue and expenses, what is the organization's strategy for financial sustainability?
The organization appears to operate on a 'break-even' model, with expenses closely tracking revenue. Their strategy likely involves careful budgeting to ensure expenses do not significantly outpace incoming funds, as evidenced by the modest asset base and lack of liabilities.
Filing History
IRS 990 filing history for New York & New England Apple Institute Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New York & New England Apple Institute Inc's revenue has grown by 23.1%, moving from $115K to $142K. Total assets increased by 20.1% over the same period, from $24K to $29K. Total functional expenses rose by 23.1%, from $120K to $147K. In its most recent filing year (2023), New York & New England Apple Institute Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $147K | $29K | $0 | — | View 990 |
| 2021 | $64K | $69K | $30K | $0 | — | — |
| 2020 | $128K | $133K | $34K | $0 | — | View 990 |
| 2019 | $128K | $134K | $40K | $0 | — | View 990 |
| 2018 | $139K | $141K | $45K | $0 | — | View 990 |
| 2017 | $130K | $126K | $47K | $0 | — | View 990 |
| 2016 | $163K | $144K | $43K | $1 | — | View 990 |
| 2015 | $140K | $147K | $24K | $0 | — | View 990 |
| 2014 | $125K | $107K | $35K | $4K | — | View 990 |
| 2013 | $145K | $142K | $19K | $6K | — | View 990 |
| 2012 | $119K | $133K | $10K | $201 | — | View 990 |
| 2011 | $115K | $120K | $24K | $394 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $147K, and assets of $29K (revenue +121.5% year-over-year).
- 2021: Revenue of $64K, expenses of $69K, and assets of $30K (revenue -49.9% year-over-year).
- 2020: Revenue of $128K, expenses of $133K, and assets of $34K (revenue -0.5% year-over-year).
- 2019: Revenue of $128K, expenses of $134K, and assets of $40K (revenue -7.9% year-over-year).
- 2018: Revenue of $139K, expenses of $141K, and assets of $45K (revenue +7.6% year-over-year).
- 2017: Revenue of $130K, expenses of $126K, and assets of $47K (revenue -20.6% year-over-year).
- 2016: Revenue of $163K, expenses of $144K, and assets of $43K (revenue +16.4% year-over-year).
- 2015: Revenue of $140K, expenses of $147K, and assets of $24K (revenue +11.8% year-over-year).
- 2014: Revenue of $125K, expenses of $107K, and assets of $35K (revenue -13.7% year-over-year).
- 2013: Revenue of $145K, expenses of $142K, and assets of $19K (revenue +21.6% year-over-year).
- 2012: Revenue of $119K, expenses of $133K, and assets of $10K (revenue +3.8% year-over-year).
- 2011: Revenue of $115K, expenses of $120K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York & New England Apple Institute Inc:
Data Sources and Methodology
This transparency report for New York & New England Apple Institute 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.