New York Open Center Inc
New York Open Center Inc. faces severe financial instability with a decade of operating deficits and rapidly declining assets.
EIN: 133152374 · E Northport, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.5M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-721,267 |
| Transparency Score | 30/100 |
Is New York Open Center Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Open Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New York Open Center Inc
New York Open Center Inc (EIN: 133152374) is a nonprofit organization based in E Northport, NY. The organization reported total revenue of $3.0M and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Open Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Open Center Inc is a mid-size nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-458,839 |
| Total Assets | $183K |
| Total Liabilities | $904K |
| Net Assets | $-721,267 |
| Operating Margin | -22.0% |
| Debt-to-Asset Ratio | 494.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2020, New York Open Center Inc reported a deficit of $459K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 494.9% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), New York Open Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -28.9% | -23.3% | -79.9% |
| 2019 | -4.4% | +3.2% | -23.0% |
| 2018 | -17.4% | -15.1% | -20.2% |
| 2017 | +1.8% | -12.2% | -10.5% |
| 2016 | -2.6% | +0.3% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Open Center Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New York Open Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $459K, with expenses exceeding revenue.
- Debt-to-asset ratio: 494.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which is highly unusual for an organization of this revenue size and could indicate volunteer leadership or compensation structured in a way not captured under 'Officer Comp'.
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 Open Center Inc's IRS 990 filings:
- Consistent operating deficits for 10 consecutive years (2011-2020)
- Dramatic decline in assets from $4,114,314 in 2011 to $182,662 in 2020
- Liabilities ($903,929 in 2020) significantly exceed assets ($182,662 in 2020), indicating potential insolvency
- Revenue has decreased from $3,945,495 in 2011 to $2,087,876 in 2020, a nearly 50% drop
Strengths
The following positive indicators were identified for New York Open Center Inc:
- Consistent filing of IRS Form 990s for the past decade, indicating a commitment to regulatory compliance.
- Reported zero officer compensation across all filings, potentially indicating efficient use of funds for leadership or volunteer-driven executive roles.
Frequently Asked Questions about New York Open Center Inc
Is New York Open Center Inc a legitimate charity?
New York Open Center Inc (EIN: 133152374) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 30/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does New York Open Center Inc spend its money?
New York Open Center Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New York Open Center Inc tax-deductible?
New York Open Center Inc is registered as a tax-exempt nonprofit (EIN: 133152374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Open Center Inc CEO make?
New York Open Center Inc's highest-compensated officer earns $0 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Open Center Inc's spending goes to programs?
New York Open Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New York Open Center Inc located?
New York Open Center Inc is headquartered in E Northport, New York and files with the IRS under EIN 133152374.
How many years of IRS 990 filings does New York Open Center Inc have?
New York Open Center Inc has 10 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 $3.0M in total revenue.
Why has the organization consistently operated at a deficit for the past decade?
The provided data shows that for every year from 2011 to 2020, the organization's expenses exceeded its revenue, indicating a structural imbalance in its financial model.
What caused the dramatic decline in assets from over $4 million in 2011 to $182,662 in 2020?
The persistent operating deficits, where expenses consistently outpaced revenue, likely led to the organization drawing down its asset base to cover operational costs.
How does the organization plan to address its high liabilities relative to its current assets?
In 2020, liabilities were $903,929 while assets were only $182,662, indicating a significant solvency risk. The filings do not provide a plan for addressing this.
Is the reported zero officer compensation accurate, and if so, how are key leadership roles compensated?
The consistent reporting of $0 for officer compensation is unusual for an organization with annual revenues in the millions and warrants further investigation into how leadership is compensated or if these roles are entirely volunteer-based.
Filing History
IRS 990 filing history for New York Open Center Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), New York Open Center Inc's revenue has declined by 47.1%, moving from $3.9M to $2.1M. Total assets decreased by 95.6% over the same period, from $4.1M to $183K. Total functional expenses fell by 41.7%, from $4.4M to $2.5M. In its most recent filing year (2020), New York Open Center Inc reported a deficit of $459K, with expenses exceeding revenue. The organization holds $904K in liabilities against $183K in assets (debt-to-asset ratio: 494.9%), resulting in net assets of $-721,267.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.1M | $2.5M | $183K | $904K | — | View 990 |
| 2019 | $2.9M | $3.3M | $910K | $804K | — | View 990 |
| 2018 | $3.1M | $3.2M | $1.2M | $691K | — | View 990 |
| 2017 | $3.7M | $3.8M | $1.5M | $518K | — | View 990 |
| 2016 | $3.7M | $4.3M | $1.7M | $622K | — | View 990 |
| 2015 | $3.8M | $4.3M | $2.2M | $541K | — | View 990 |
| 2014 | $3.6M | $3.7M | $2.8M | $558K | — | View 990 |
| 2013 | $3.8M | $3.9M | $3.2M | $763K | — | View 990 |
| 2012 | $3.5M | $4.2M | $3.4M | $888K | — | View 990 |
| 2011 | $3.9M | $4.4M | $4.1M | $873K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.1M, expenses of $2.5M, and assets of $183K (revenue -28.9% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.3M, and assets of $910K (revenue -4.4% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.2M, and assets of $1.2M (revenue -17.4% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.8M, and assets of $1.5M (revenue +1.8% year-over-year).
- 2016: Revenue of $3.7M, expenses of $4.3M, and assets of $1.7M (revenue -2.6% year-over-year).
- 2015: Revenue of $3.8M, expenses of $4.3M, and assets of $2.2M (revenue +4.7% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.7M, and assets of $2.8M (revenue -6.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.9M, and assets of $3.2M (revenue +10.0% year-over-year).
- 2012: Revenue of $3.5M, expenses of $4.2M, and assets of $3.4M (revenue -12.1% year-over-year).
- 2011: Revenue of $3.9M, expenses of $4.4M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Open Center Inc:
Data Sources and Methodology
This transparency report for New York Open Center 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.