New York State Local Government Services Foundation Inc
New York State Local Government Services Foundation Inc. experiences consistent operating deficits despite revenue growth, leading to declining assets.
EIN: 200190591 · Albany, NY · NTEE: W99 · Updated: 2026-03-28
Is New York State Local Government Services Foundation 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 Local Government Services Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Local Government Services Foundation Inc
New York State Local Government Services Foundation Inc (EIN: 200190591) is a nonprofit organization based in Albany, NY, classified under NTEE code W99. The organization reported total revenue of $2.6M and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Local Government Services Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Local Government Services Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-57,573 |
| Total Assets | $142K |
| Net Assets | $142K |
| Operating Margin | -2.3% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, New York State Local Government Services Foundation Inc reported a deficit of $58K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), New York State Local Government Services Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | +17.2% | -28.8% |
| 2022 | +9.6% | +10.3% | -36.5% |
| 2021 | +3.6% | +4.8% | -22.5% |
| 2020 | +3.2% | +2.8% | -14.0% |
| 2019 | +8.3% | +18.6% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Local Government Services Foundation Inc with a Mission Score of 70 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 State Local Government Services Foundation 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 $58K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally compensated leadership structure.
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 Local Government Services Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $57,573 deficit in 2023, $114,851 deficit in 2022).
- Significant decline in assets from $543,313 in 2018 to $142,150 in 2023, indicating a depletion of reserves.
- Unusual 0% officer compensation reported across all filings, which might suggest an alternative compensation structure not immediately apparent.
Strengths
The following positive indicators were identified for New York State Local Government Services Foundation Inc:
- Consistent revenue growth over the past decade, from $1.3M in 2014 to $2.4M in 2023.
- Reports 0% officer compensation, indicating a strong commitment to directing funds away from executive salaries.
- Consistently reports $0 liabilities, suggesting no outstanding debt and sound short-term financial management.
Frequently Asked Questions about New York State Local Government Services Foundation Inc
Is New York State Local Government Services Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Local Government Services Foundation Inc (EIN: 200190591) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does New York State Local Government Services Foundation Inc spend its money?
New York State Local Government Services Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York State Local Government Services Foundation Inc tax-deductible?
New York State Local Government Services Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200190591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why has the organization consistently spent more than its revenue in recent years?
The filings show expenses exceeding revenue in 2023 ($2,536,557 vs. $2,478,984), 2022 ($2,163,677 vs. $2,048,826), and prior years, indicating a pattern of operating deficits that needs further investigation into expense categories.
What is causing the decline in assets from $543,313 in 2018 to $142,150 in 2023?
The consistent operating deficits, where expenses exceed revenue, are likely contributing to the reduction in the organization's net assets over time.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, compensated by a related entity, or that compensation is categorized differently within the 990, which warrants further clarification.
Filing History
IRS 990 filing history for New York State Local Government Services Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Local Government Services Foundation Inc's revenue has grown by 174.8%, moving from $902K to $2.5M. Total assets increased by 46.1% over the same period, from $97K to $142K. Total functional expenses rose by 189%, from $878K to $2.5M. In its most recent filing year (2023), New York State Local Government Services Foundation Inc reported a deficit of $58K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.5M | $142K | $0 | — | — |
| 2022 | $2.0M | $2.2M | $200K | $0 | — | View 990 |
| 2021 | $1.9M | $2.0M | $315K | $0 | — | — |
| 2020 | $1.8M | $1.9M | $406K | $0 | — | — |
| 2019 | $1.7M | $1.8M | $472K | $0 | — | View 990 |
| 2018 | $1.6M | $1.5M | $543K | $0 | — | View 990 |
| 2017 | $1.5M | $1.5M | $464K | $0 | — | View 990 |
| 2016 | $1.4M | $1.3M | $417K | $0 | — | View 990 |
| 2015 | $1.4M | $1.4M | $330K | $0 | — | View 990 |
| 2014 | $1.3M | $1.2M | $279K | $0 | — | View 990 |
| 2013 | $1.1M | $1.0M | $188K | $0 | — | View 990 |
| 2012 | $992K | $988K | $101K | $0 | — | View 990 |
| 2011 | $902K | $878K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.5M, and assets of $142K (revenue +21.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.2M, and assets of $200K (revenue +9.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $315K (revenue +3.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $406K (revenue +3.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $472K (revenue +8.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $543K (revenue +6.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $464K (revenue +5.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $417K (revenue +0.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $330K (revenue +10.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $279K (revenue +15.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $188K (revenue +13.6% year-over-year).
- 2012: Revenue of $992K, expenses of $988K, and assets of $101K (revenue +10.0% year-over-year).
- 2011: Revenue of $902K, expenses of $878K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Local Government Services Foundation Inc:
Data Sources and Methodology
This transparency report for New York State Local Government Services Foundation 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.