New York State Society Of Cpas
New York State Society Of CPAs maintains consistent financial operations with no reported officer compensation, experiencing a recent deficit after years of surpluses.
EIN: 131101547 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $9.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.8M |
| Transparency Score | 85/100 |
Is New York State Society Of Cpas 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 Society Of Cpas directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Society Of Cpas
New York State Society Of Cpas (EIN: 131101547) is a nonprofit organization based in New York, NY. The organization reported total revenue of $10.7M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Society Of Cpas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Society Of Cpas is a large nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $9.5M |
| Surplus / Deficit | $-615,453 |
| Total Assets | $15.8M |
| Total Liabilities | $5.0M |
| Net Assets | $10.8M |
| Operating Margin | -6.9% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 20.0 months |
Financial Health Grade: B
In 2023, New York State Society Of Cpas reported a deficit of $615K with expenses exceeding revenue, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Society Of Cpas's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +15.9% | +0.2% |
| 2022 | +7.8% | +1.4% | +7.0% |
| 2021 | -7.2% | -20.6% | +16.1% |
| 2020 | -2.2% | +2.8% | -10.6% |
| 2019 | -9.1% | -0.8% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1935 |
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 Society Of Cpas 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 Society Of Cpas 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 deficit of $615K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $10 million in annual revenue. This suggests either a fully volunteer-led officer structure or that executive compensation is reported under different categories within the 990, requiring further investigation for a complete picture.
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 Society Of Cpas's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how executive leadership is compensated or structured.
- Deficit reported in the most recent filing (202305), with expenses exceeding revenue by over $600,000.
Strengths
The following positive indicators were identified for New York State Society Of Cpas:
- Consistent revenue generation, typically around $10 million annually.
- Strong asset base, consistently above $12 million, indicating financial resilience.
- Long history of IRS 990 filings (13 filings), demonstrating consistent reporting and operational longevity.
- Generally balanced budgets over the past decade, indicating sound financial management.
Frequently Asked Questions about New York State Society Of Cpas
Is New York State Society Of Cpas a legitimate charity?
New York State Society Of Cpas (EIN: 131101547) 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: $10.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does New York State Society Of Cpas spend its money?
New York State Society Of Cpas directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York State Society Of Cpas tax-deductible?
New York State Society Of Cpas is registered as a tax-exempt nonprofit (EIN: 131101547). 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 Society Of Cpas CEO make?
New York State Society Of Cpas's highest-compensated officer earns $10 annually. The organization reported $10.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York State Society Of Cpas's spending goes to programs?
New York State Society Of Cpas directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York State Society Of Cpas located?
New York State Society Of Cpas is headquartered in New York, New York and files with the IRS under EIN 131101547.
How many years of IRS 990 filings does New York State Society Of Cpas have?
New York State Society Of Cpas 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 $10.7M in total revenue.
Is the New York State Society Of CPAs financially stable?
Yes, the organization appears financially stable, consistently holding over $12 million in assets and generally balancing its budget over the past decade, despite a recent deficit in the 202305 period.
Why is officer compensation reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer-led officer structure or that compensation for top executives is reported under other expense categories, which would require a deeper dive into the full 990 forms to ascertain.
Did the organization experience a significant financial downturn recently?
The organization reported a deficit of over $600,000 in the 202305 period (Expenses $9,486,569 vs. Revenue $8,871,116). While notable, this follows several years of surpluses and does not immediately suggest a significant downturn, but rather a single period of higher expenses relative to revenue.
Filing History
IRS 990 filing history for New York State Society Of Cpas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Society Of Cpas's revenue has declined by 13.6%, moving from $10.3M to $8.9M. Total assets increased by 101.9% over the same period, from $7.8M to $15.8M. Total functional expenses fell by 6.4%, from $10.1M to $9.5M. In its most recent filing year (2023), New York State Society Of Cpas reported a deficit of $615K, with expenses exceeding revenue. The organization holds $5.0M in liabilities against $15.8M in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $9.5M | $15.8M | $5.0M | — | View 990 |
| 2022 | $10.1M | $8.2M | $15.7M | $4.3M | — | View 990 |
| 2021 | $9.4M | $8.1M | $14.7M | $4.7M | — | — |
| 2020 | $10.1M | $10.2M | $12.7M | $4.5M | — | — |
| 2019 | $10.3M | $9.9M | $14.2M | $5.9M | — | View 990 |
| 2018 | $11.4M | $10.0M | $15.0M | $7.2M | — | View 990 |
| 2017 | $10.5M | $9.9M | $13.1M | $6.7M | — | View 990 |
| 2016 | $10.5M | $10.3M | $12.8M | $7.1M | — | View 990 |
| 2015 | $10.9M | $10.6M | $13.3M | $7.8M | — | View 990 |
| 2014 | $10.7M | $10.0M | $12.9M | $7.7M | — | View 990 |
| 2013 | $11.0M | $9.0M | $10.0M | $5.5M | — | View 990 |
| 2012 | $10.5M | $8.9M | $8.6M | $6.0M | — | View 990 |
| 2011 | $10.3M | $10.1M | $7.8M | $6.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $9.5M, and assets of $15.8M (revenue -12.2% year-over-year).
- 2022: Revenue of $10.1M, expenses of $8.2M, and assets of $15.7M (revenue +7.8% year-over-year).
- 2021: Revenue of $9.4M, expenses of $8.1M, and assets of $14.7M (revenue -7.2% year-over-year).
- 2020: Revenue of $10.1M, expenses of $10.2M, and assets of $12.7M (revenue -2.2% year-over-year).
- 2019: Revenue of $10.3M, expenses of $9.9M, and assets of $14.2M (revenue -9.1% year-over-year).
- 2018: Revenue of $11.4M, expenses of $10.0M, and assets of $15.0M (revenue +8.2% year-over-year).
- 2017: Revenue of $10.5M, expenses of $9.9M, and assets of $13.1M (revenue +0.1% year-over-year).
- 2016: Revenue of $10.5M, expenses of $10.3M, and assets of $12.8M (revenue -3.8% year-over-year).
- 2015: Revenue of $10.9M, expenses of $10.6M, and assets of $13.3M (revenue +1.8% year-over-year).
- 2014: Revenue of $10.7M, expenses of $10.0M, and assets of $12.9M (revenue -2.1% year-over-year).
- 2013: Revenue of $11.0M, expenses of $9.0M, and assets of $10.0M (revenue +4.4% year-over-year).
- 2012: Revenue of $10.5M, expenses of $8.9M, and assets of $8.6M (revenue +2.2% year-over-year).
- 2011: Revenue of $10.3M, expenses of $10.1M, and assets of $7.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Society Of Cpas:
Data Sources and Methodology
This transparency report for New York State Society Of Cpas 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.