New York State Association Of Independent Schools
New York State Association Of Independent Schools maintains stable assets despite recent minor operating deficits.
EIN: 141504908 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| Net Assets | $2.2M |
| Transparency Score | 85/100 |
Is New York State Association Of Independent Schools Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York State Association Of Independent Schools directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Association Of Independent Schools
New York State Association Of Independent Schools (EIN: 141504908) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $3.2M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Association Of Independent Schools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Association Of Independent Schools is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-58,875 |
| Total Assets | $3.0M |
| Total Liabilities | $817K |
| Net Assets | $2.2M |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 11.8 months |
Financial Health Grade: B
In 2023, New York State Association Of Independent Schools reported a deficit of $59K with expenses exceeding revenue, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Association Of Independent Schools's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | +6.3% | +7.7% |
| 2022 | +19.1% | +30.3% | -12.1% |
| 2021 | -8.5% | -21.6% | +32.2% |
| 2020 | -15.9% | -18.6% | -1.6% |
| 2019 | +12.4% | +33.4% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
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 State Association Of Independent Schools with a Mission Score of 85 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 State Association Of Independent Schools 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 $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either uncompensated officers or compensation levels below individual reporting thresholds, which is a strong positive for transparency and efficient use of funds relative to the organization's multi-million dollar revenue.
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 State Association Of Independent Schools's IRS 990 filings:
- Expenses exceeding revenue in the last two reported periods (202206 and 202306)
- Increasing trend in liabilities over the past several years
Strengths
The following positive indicators were identified for New York State Association Of Independent Schools:
- Consistent and stable asset base, generally above $2.2 million
- Reported 0% officer compensation across all filings, indicating high transparency and efficient use of funds for leadership
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency
- Revenue consistently in the multi-million dollar range, indicating a robust operational scale
Frequently Asked Questions about New York State Association Of Independent Schools
Is New York State Association Of Independent Schools a legitimate charity?
New York State Association Of Independent Schools (EIN: 141504908) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does New York State Association Of Independent Schools spend its money?
New York State Association Of Independent Schools directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York State Association Of Independent Schools tax-deductible?
New York State Association Of Independent Schools is registered as a tax-exempt nonprofit (EIN: 141504908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York State Association Of Independent Schools's spending goes to programs?
New York State Association Of Independent Schools directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York State Association Of Independent Schools located?
New York State Association Of Independent Schools is headquartered in Albany, New York and files with the IRS under EIN 141504908.
How many years of IRS 990 filings does New York State Association Of Independent Schools have?
New York State Association Of Independent Schools 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 $3.2M in total revenue.
Is New York State Association Of Independent Schools a good charity?
Based on the available financial data, NYSAIS appears to be a well-managed organization with consistent revenue and assets. The reported 0% officer compensation is a significant positive for efficiency and transparency. While recent years show minor operating deficits, the overall financial health seems stable, suggesting it is a reputable organization.
Why are expenses exceeding revenue in recent years?
In the 202306 period, expenses were $3,033,735 against revenue of $2,974,860, resulting in a deficit of $58,875. Similarly, in 202206, expenses of $2,853,295 exceeded revenue of $2,804,304 by $48,991. This trend warrants further investigation into the specific expense categories driving these deficits and whether they are strategic investments or indicative of operational challenges.
What is the trend in the organization's liabilities?
Liabilities have shown an increasing trend, from $207,991 in 201506 to $816,836 in 202306. While assets still significantly outweigh liabilities ($2,991,677 assets vs. $816,836 liabilities in 202306), this growth in liabilities should be monitored to understand its nature and potential impact on financial flexibility.
Filing History
IRS 990 filing history for New York State Association Of Independent Schools showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Association Of Independent Schools's revenue has grown by 99.4%, moving from $1.5M to $3.0M. Total assets increased by 41.9% over the same period, from $2.1M to $3.0M. Total functional expenses rose by 115.3%, from $1.4M to $3.0M. In its most recent filing year (2023), New York State Association Of Independent Schools reported a deficit of $59K, with expenses exceeding revenue. The organization holds $817K in liabilities against $3.0M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.0M | $3.0M | $817K | — | View 990 |
| 2022 | $2.8M | $2.9M | $2.8M | $701K | — | View 990 |
| 2021 | $2.4M | $2.2M | $3.2M | $722K | — | View 990 |
| 2020 | $2.6M | $2.8M | $2.4M | $571K | — | View 990 |
| 2019 | $3.1M | $3.4M | $2.4M | $384K | — | View 990 |
| 2018 | $2.7M | $2.6M | $2.7M | $305K | — | View 990 |
| 2017 | $2.5M | $2.5M | $2.4M | $230K | — | View 990 |
| 2016 | $2.4M | $2.3M | $2.3M | $229K | — | View 990 |
| 2015 | $2.3M | $2.2M | $2.3M | $208K | — | View 990 |
| 2014 | $2.0M | $2.1M | $2.4M | $277K | — | View 990 |
| 2013 | $2.0M | $1.9M | $2.3M | $180K | — | View 990 |
| 2012 | $1.8M | $1.7M | $2.1M | $199K | — | View 990 |
| 2011 | $1.5M | $1.4M | $2.1M | $239K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.0M, and assets of $3.0M (revenue +6.1% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.9M, and assets of $2.8M (revenue +19.1% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $3.2M (revenue -8.5% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.8M, and assets of $2.4M (revenue -15.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.4M, and assets of $2.4M (revenue +12.4% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $2.7M (revenue +10.9% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.5M, and assets of $2.4M (revenue +2.9% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $2.3M (revenue +3.8% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $2.3M (revenue +16.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.1M, and assets of $2.4M (revenue -0.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $2.3M (revenue +10.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $2.1M (revenue +19.8% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Association Of Independent Schools:
Data Sources and Methodology
This transparency report for New York State Association Of Independent Schools 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.