New York Spine And Brain Surgery University Faculty Practice Corp

New York Spine And Brain Surgery University Faculty Practice Corp consistently operates near break-even with no reported officer compensation.

EIN: 112645930 · Stony Brook, NY · NTEE: E20 · Updated: 2026-03-28

$25.8MRevenue

$2.3MAssets

75/100Mission Score (Good)

E20

About New York Spine And Brain Surgery University Faculty Practice Corp

New York Spine And Brain Surgery University Faculty Practice Corp (EIN: 112645930) is a nonprofit organization based in Stony Brook, NY, classified under NTEE code E20. The organization reported total revenue of $25.8M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Spine And Brain Surgery University Faculty Practice Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

New York Spine And Brain Surgery University Faculty Practice Corp demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 202106, revenue was $22,966,408 against expenses of $21,061,646, indicating a surplus. However, the most recent filings for 202306 and 202206 show expenses slightly exceeding revenue, with $26,397,117 in expenses against $25,421,955 in revenue for 202306. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure and transparency regarding executive pay. The NTEE code E20 suggests a focus on specialty hospitals, which aligns with its name. The consistent reporting of assets equaling liabilities across all available filings is unusual and warrants further investigation to understand the nature of its balance sheet, as it could indicate a specific accounting practice or a lack of significant unrestricted net assets.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational scale and the fact that expenses generally track revenues suggest that funds are being utilized for its stated purpose. The lack of reported officer compensation contributes positively to its perceived efficiency in terms of executive overhead. The organization's transparency is good in terms of filing its IRS 990s consistently, but the balance sheet structure (assets = liabilities) could be a point of inquiry for a deeper understanding of its financial position.

Overall, the organization appears to be a stable, operating entity within the healthcare sector. Its financial health is generally sound, though recent years show a slight operational deficit. The absence of officer compensation is a strong positive for efficiency and transparency. However, the unique asset/liability reporting structure merits closer examination to fully grasp its financial standing and long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Spine And Brain Surgery University Faculty Practice Corp with a Mission Score of 75 out of 100 (Good). 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 Spine And Brain Surgery University Faculty Practice Corp 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its revenue size ($25,763,930 latest revenue). This suggests a unique operational model where executive leadership may be compensated through other entities or volunteer their time.

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 Spine And Brain Surgery University Faculty Practice Corp's IRS 990 filings:

Consistent reporting of assets equaling liabilities, which is an unusual balance sheet structure for a standalone nonprofit and warrants further scrutiny.
Operational deficits in the two most recent fiscal periods (202206 and 202306), where expenses exceeded revenue, suggesting a slight draw on reserves or other funding sources.

Strengths

The following positive indicators were identified for New York Spine And Brain Surgery University Faculty Practice Corp:

Consistent filing of IRS 990 forms over 13 periods, demonstrating good transparency and compliance.
Zero reported officer compensation across all filings, indicating a highly efficient executive overhead or an alternative compensation structure.
Stable revenue generation, consistently in the multi-million dollar range over the past decade, showing sustained operational capacity.
Long operational history (13 filings), suggesting an established and enduring presence in its field.

Frequently Asked Questions about New York Spine And Brain Surgery University Faculty Practice Corp

Why do assets consistently equal liabilities in all reported filings?

This is an unusual accounting practice for a nonprofit and could indicate that the organization operates primarily as a pass-through entity, or that its financial statements are consolidated elsewhere, or that it has no net assets. Further investigation into its full IRS 990 forms would be needed to understand this balance sheet structure.

How does the organization compensate its leadership if officer compensation is 0%?

Given the 0% officer compensation, it's possible that leadership roles are filled by volunteers, or that compensation is provided by an affiliated entity (e.g., the 'University Faculty Practice Corp' aspect suggests a university affiliation), or through other non-officer roles not captured in this specific line item.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown. To assess spending efficiency accurately, one would need to review the full IRS 990 forms, specifically Part IX, Statement of Functional Expenses, to see how the $26,397,117 in expenses (202306) is allocated.

What is the nature of the slight operational deficits in the most recent years (202206 and 202306)?

In 202306, expenses ($26,397,117) exceeded revenue ($25,421,955) by nearly $1 million, and similarly in 202206. While not a significant concern for a single year, a trend of operational deficits could impact long-term financial stability if not addressed. Understanding the cause (e.g., increased program costs, temporary revenue dip) is important.

Filing History

IRS 990 filing history for New York Spine And Brain Surgery University Faculty Practice Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York Spine And Brain Surgery University Faculty Practice Corp's revenue has grown by 90.6%, moving from $13.3M to $25.4M. Total assets increased by 271.7% over the same period, from $952K to $3.5M. Total functional expenses rose by 98.9%, from $13.3M to $26.4M. In its most recent filing year (2023), New York Spine And Brain Surgery University Faculty Practice Corp reported a deficit of $975K, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $3.5M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$25.4M	$26.4M	$3.5M	$3.5M	—	—
2022	$24.5M	$24.8M	$4.5M	$4.5M	—	View 990
2021	$23.0M	$21.1M	$3.9M	$3.9M	—	—
2020	$18.8M	$19.4M	$3.3M	$3.3M	—	View 990
2019	$20.4M	$20.4M	$3.9M	$3.9M	—	View 990
2018	$18.6M	$17.2M	$4.0M	$4.0M	—	View 990
2017	$17.5M	$16.2M	$2.6M	$2.6M	—	View 990
2016	$15.4M	$16.3M	$1.3M	$1.3M	—	View 990
2015	$16.5M	$15.6M	$2.2M	$2.2M	—	View 990
2014	$14.8M	$14.6M	$1.3M	$1.3M	—	View 990
2013	$14.6M	$14.5M	$1.1M	$1.1M	—	View 990
2012	$13.9M	$13.9M	$910K	$910K	—	View 990
2011	$13.3M	$13.3M	$952K	$952K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $25.4M, expenses of $26.4M, and assets of $3.5M (revenue +3.7% year-over-year).
2022: Revenue of $24.5M, expenses of $24.8M, and assets of $4.5M (revenue +6.7% year-over-year).
2021: Revenue of $23.0M, expenses of $21.1M, and assets of $3.9M (revenue +22.3% year-over-year).
2020: Revenue of $18.8M, expenses of $19.4M, and assets of $3.3M (revenue -7.8% year-over-year).
2019: Revenue of $20.4M, expenses of $20.4M, and assets of $3.9M (revenue +9.1% year-over-year).
2018: Revenue of $18.6M, expenses of $17.2M, and assets of $4.0M (revenue +6.8% year-over-year).
2017: Revenue of $17.5M, expenses of $16.2M, and assets of $2.6M (revenue +13.5% year-over-year).
2016: Revenue of $15.4M, expenses of $16.3M, and assets of $1.3M (revenue -6.8% year-over-year).
2015: Revenue of $16.5M, expenses of $15.6M, and assets of $2.2M (revenue +11.6% year-over-year).
2014: Revenue of $14.8M, expenses of $14.6M, and assets of $1.3M (revenue +1.0% year-over-year).
2013: Revenue of $14.6M, expenses of $14.5M, and assets of $1.1M (revenue +5.4% year-over-year).
2012: Revenue of $13.9M, expenses of $13.9M, and assets of $910K (revenue +4.1% year-over-year).
2011: Revenue of $13.3M, expenses of $13.3M, and assets of $952K.

Data Sources and Methodology

This transparency report for New York Spine And Brain Surgery University Faculty Practice Corp 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.