New York State Podiatric Medical Association

New York State Podiatric Medical Association consistently operates near break-even with stable assets and no reported officer compensation.

EIN: 131679614 · New York, NY · Updated: 2026-03-28

$1.9MRevenue
$1.9MGross Revenue
$2.5MAssets
75/100Mission Score (Good)
New York State Podiatric Medical Association Financial Summary
MetricValue
Total Revenue$1.9M
Total Expenses$2.0M
Program Spending70%
CEO/Top Officer Pay$2
Net Assets$2.0M
Transparency Score75/100

Is New York State Podiatric Medical Association Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New York State Podiatric Medical Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About New York State Podiatric Medical Association

New York State Podiatric Medical Association (EIN: 131679614) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.9M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Podiatric Medical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

72Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

New York State Podiatric Medical Association is a mid-size nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.9M
Total Expenses$2.0M
Surplus / Deficit$-75,981
Total Assets$2.5M
Total Liabilities$457K
Net Assets$2.0M
Operating Margin-4.0%
Debt-to-Asset Ratio18.7%
Months of Reserves14.8 months

Financial Health Grade: B

In 2023, New York State Podiatric Medical Association reported a deficit of $76K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New York State Podiatric Medical Association's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+35.3%+35.9%-9.6%
2022+19.0%+20.2%-0.2%
2021-41.0%-41.0%+13.7%
2020-9.3%-9.8%-12.6%
2019+4.1%+10.8%+8.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1954

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New York State Podiatric Medical Association demonstrates consistent financial activity, with revenues and expenses generally fluctuating around the $2 million mark over the past decade. In the latest filing (202304), the organization reported revenues of $1,911,370 against expenses of $1,987,351, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is common for membership-based professional associations, which often operate on a cost-recovery model. The organization maintains a healthy asset base, with $2,450,435 in assets as of 202304, providing a solid financial cushion relative to its annual operating budget. Liabilities are manageable, at $457,468 in the latest period, suggesting good financial stewardship. Spending efficiency appears reasonable for a professional association, though specific program spending details are not provided in the summary data. The consistent reporting of 0% officer compensation across all available filings suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which could be a positive indicator of resource allocation. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent filing history over 13 periods indicates a commitment to transparency through regular IRS reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York State Podiatric Medical Association 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, New York State Podiatric Medical Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.9MTotal Revenue
$2.0MTotal Expenses
$2.5MTotal Assets
$457KTotal Liabilities
$2.0MNet Assets
  • The organization reported a deficit of $76K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 18.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is notable for an organization with nearly $2 million in annual 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 Podiatric Medical Association's IRS 990 filings:

  • Lack of detailed functional expense breakdown in summary data makes precise efficiency analysis difficult.

Strengths

The following positive indicators were identified for New York State Podiatric Medical Association:

  • Consistent financial reporting and compliance with IRS 990 filings over 13 periods.
  • Stable revenue and asset base, demonstrating financial resilience.
  • No reported officer compensation, potentially indicating volunteer leadership or efficient compensation structures.
  • Healthy net assets providing a strong financial reserve relative to annual expenses.

Frequently Asked Questions about New York State Podiatric Medical Association

Is New York State Podiatric Medical Association a legitimate charity?

New York State Podiatric Medical Association (EIN: 131679614) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does New York State Podiatric Medical Association spend its money?

New York State Podiatric Medical Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to New York State Podiatric Medical Association tax-deductible?

New York State Podiatric Medical Association is registered as a tax-exempt nonprofit (EIN: 131679614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New York State Podiatric Medical Association CEO make?

New York State Podiatric Medical Association's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New York State Podiatric Medical Association's spending goes to programs?

New York State Podiatric Medical Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is New York State Podiatric Medical Association located?

New York State Podiatric Medical Association is headquartered in New York, New York and files with the IRS under EIN 131679614.

How many years of IRS 990 filings does New York State Podiatric Medical Association have?

New York State Podiatric Medical Association 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 $1.9M in total revenue.

How does the New York State Podiatric Medical Association allocate its expenses between program services, administration, and fundraising?

Based on the provided data, a detailed functional expense breakdown is not available. However, for a professional association, a significant portion of expenses would typically be allocated to member services (programs) and administrative overhead. Without specific figures, an estimated breakdown is provided in the spending breakdown section.

What is the source of the organization's revenue, and how stable are these sources?

While specific revenue sources are not detailed in the provided summary, for a professional association, common sources include membership dues, conference fees, and educational program revenue. The consistent revenue levels around $2 million over the past decade suggest stable and diversified income streams.

Does the organization have a healthy reserve fund?

Yes, with assets of $2,450,435 and liabilities of $457,468 in the latest period, the organization has net assets of approximately $1.99 million. This represents over a year's worth of operating expenses (based on 202304 expenses of $1,987,351), indicating a healthy reserve fund.

Filing History

IRS 990 filing history for New York State Podiatric Medical Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York State Podiatric Medical Association's revenue has declined by 2.8%, moving from $2.0M to $1.9M. Total assets decreased by 2.6% over the same period, from $2.5M to $2.5M. Total functional expenses rose by 2.3%, from $1.9M to $2.0M. In its most recent filing year (2023), New York State Podiatric Medical Association reported a deficit of $76K, with expenses exceeding revenue. The organization holds $457K in liabilities against $2.5M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.9M $2.0M $2.5M $457K View 990
2022 $1.4M $1.5M $2.7M $741K View 990
2021 $1.2M $1.2M $2.7M $642K
2020 $2.0M $2.1M $2.4M $374K
2019 $2.2M $2.3M $2.7M $643K View 990
2018 $2.1M $2.1M $2.5M $324K View 990
2017 $2.2M $2.1M $2.8M $647K View 990
2016 $2.1M $2.1M $2.6M $593K View 990
2015 $2.0M $2.0M $2.7M $566K View 990
2014 $2.2M $2.3M $2.7M $634K View 990
2013 $2.2M $2.0M $2.7M $562K View 990
2012 $2.1M $1.9M $2.5M $552K View 990
2011 $2.0M $1.9M $2.5M $757K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $2.5M (revenue +35.3% year-over-year).
  • 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $2.7M (revenue +19.0% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $2.7M (revenue -41.0% year-over-year).
  • 2020: Revenue of $2.0M, expenses of $2.1M, and assets of $2.4M (revenue -9.3% year-over-year).
  • 2019: Revenue of $2.2M, expenses of $2.3M, and assets of $2.7M (revenue +4.1% year-over-year).
  • 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $2.5M (revenue -4.4% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $2.8M (revenue +7.9% year-over-year).
  • 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $2.6M (revenue +3.4% year-over-year).
  • 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $2.7M (revenue -8.7% year-over-year).
  • 2014: Revenue of $2.2M, expenses of $2.3M, and assets of $2.7M (revenue -2.0% year-over-year).
  • 2013: Revenue of $2.2M, expenses of $2.0M, and assets of $2.7M (revenue +5.1% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $2.5M (revenue +7.9% year-over-year).
  • 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $2.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New York State Podiatric Medical Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New York State Podiatric Medical Association 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.

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