New York State Funeral Directors Association Inc
New York State Funeral Directors Association Inc. consistently generates significant surpluses and has grown assets to over $14 million with no reported officer compensation.
EIN: 150398553 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $14.5M |
| Transparency Score | 85/100 |
Is New York State Funeral Directors Association 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 State Funeral Directors Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Funeral Directors Association Inc
New York State Funeral Directors Association Inc (EIN: 150398553) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $3.4M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Funeral Directors Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Funeral Directors Association Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $14.7M |
| Total Liabilities | $159K |
| Net Assets | $14.5M |
| Operating Margin | 50.5% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 105.9 months |
Financial Health Grade: A
In 2023, New York State Funeral Directors Association Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 105.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Funeral Directors Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.0% | +7.1% | +14.0% |
| 2022 | -10.2% | +8.3% | +5.9% |
| 2021 | +9.2% | +9.2% | +15.1% |
| 2020 | +4.1% | -27.0% | +17.1% |
| 2019 | -6.8% | -17.6% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Funeral Directors Association Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New York State Funeral Directors Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which significantly reduces administrative overhead.
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 Funeral Directors Association Inc's IRS 990 filings:
- NTEE code is unknown, limiting understanding of its specific charitable purpose.
- Detailed breakdown of program vs. administrative vs. fundraising expenses is not provided in the summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for New York State Funeral Directors Association Inc:
- Consistent financial surpluses, with revenue significantly exceeding expenses (e.g., $3,357,934 revenue vs. $1,662,236 expenses in 2023).
- Strong and consistent asset growth, from $6.7 million in 2014 to $14.6 million in 2023.
- No reported officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
- Low liabilities relative to assets, indicating strong financial stability (e.g., $159,317 liabilities vs. $14,670,270 assets in 2023).
Frequently Asked Questions about New York State Funeral Directors Association Inc
Is New York State Funeral Directors Association Inc a legitimate charity?
New York State Funeral Directors Association Inc (EIN: 150398553) 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: $3.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York State Funeral Directors Association Inc spend its money?
New York State Funeral Directors Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York State Funeral Directors Association Inc tax-deductible?
New York State Funeral Directors Association Inc is registered as a tax-exempt nonprofit (EIN: 150398553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York State Funeral Directors Association Inc's spending goes to programs?
New York State Funeral Directors Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York State Funeral Directors Association Inc located?
New York State Funeral Directors Association Inc is headquartered in Albany, New York and files with the IRS under EIN 150398553.
How many years of IRS 990 filings does New York State Funeral Directors Association Inc have?
New York State Funeral Directors Association Inc 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 $3.4M in total revenue.
What are the specific program activities funded by the organization?
The provided data does not detail specific program activities. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments) would be necessary to understand their mission-related spending.
How does the organization manage its significant financial surpluses?
The organization consistently generates substantial surpluses (e.g., $1,695,698 in 2023). These surpluses appear to contribute to the steady growth of its assets, which increased from $6,740,972 in 2014 to $14,670,270 in 2023.
What is the NTEE code for this organization?
The NTEE code for this organization is currently unknown based on the provided data. This information would help classify its primary area of activity.
Filing History
IRS 990 filing history for New York State Funeral Directors Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Funeral Directors Association Inc's revenue has grown by 44.1%, moving from $2.3M to $3.4M. Total assets increased by 187.3% over the same period, from $5.1M to $14.7M. Total functional expenses rose by 4.3%, from $1.6M to $1.7M. In its most recent filing year (2023), New York State Funeral Directors Association Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $159K in liabilities against $14.7M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $1.7M | $14.7M | $159K | — | View 990 |
| 2022 | $2.6M | $1.6M | $12.9M | $224K | — | View 990 |
| 2021 | $2.9M | $1.4M | $12.1M | $139K | — | — |
| 2020 | $2.6M | $1.3M | $10.5M | $121K | — | — |
| 2019 | $2.5M | $1.8M | $9.0M | $116K | — | View 990 |
| 2018 | $2.7M | $2.2M | $8.1M | $115K | — | View 990 |
| 2017 | $2.6M | $2.0M | $7.7M | $156K | — | View 990 |
| 2016 | $2.2M | $2.1M | $7.0M | $176K | — | View 990 |
| 2015 | $2.0M | $1.9M | $6.9M | $173K | — | View 990 |
| 2014 | $2.4M | $1.8M | $6.7M | $186K | — | View 990 |
| 2013 | $2.0M | $1.7M | $6.2M | $156K | — | View 990 |
| 2012 | $2.3M | $1.6M | $5.9M | $198K | — | View 990 |
| 2011 | $2.3M | $1.6M | $5.1M | $184K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $1.7M, and assets of $14.7M (revenue +31.0% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.6M, and assets of $12.9M (revenue -10.2% year-over-year).
- 2021: Revenue of $2.9M, expenses of $1.4M, and assets of $12.1M (revenue +9.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.3M, and assets of $10.5M (revenue +4.1% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.8M, and assets of $9.0M (revenue -6.8% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.2M, and assets of $8.1M (revenue +5.5% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.0M, and assets of $7.7M (revenue +16.0% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $7.0M (revenue +10.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.9M, and assets of $6.9M (revenue -16.0% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.8M, and assets of $6.7M (revenue +17.2% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.7M, and assets of $6.2M (revenue -13.1% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.6M, and assets of $5.9M (revenue +0.6% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.6M, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Funeral Directors Association Inc:
Data Sources and Methodology
This transparency report for New York State Funeral Directors Association 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.