New York Taxi Workers Alliance Inc

New York Taxi Workers Alliance faces recent operating deficits despite zero executive compensation.

EIN: 134000097 · Long Is City, NY · NTEE: P84 · Updated: 2026-03-28

$1.8MRevenue

$1.1MAssets

75/100Mission Score (Good)

P84

About New York Taxi Workers Alliance Inc

New York Taxi Workers Alliance Inc (EIN: 134000097) is a nonprofit organization based in Long Is City, NY, classified under NTEE code P84. The organization reported total revenue of $1.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Taxi Workers Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The New York Taxi Workers Alliance Inc. demonstrates a mixed financial picture. While the organization consistently reports zero officer compensation, indicating a commitment to minimizing executive overhead, it has experienced significant fluctuations in its financial health. In 2023, expenses ($1,911,730) exceeded revenue ($1,320,549), leading to a deficit and a notable decrease in assets from $1,032,887 in 2022 to $433,366. This trend of expenses exceeding revenue is also visible in 2022 and 2017, suggesting potential challenges in maintaining financial equilibrium.

Despite these deficits, the organization has shown periods of strong revenue generation, such as in 2021 where revenue ($2,738,878) significantly outpaced expenses ($1,901,464). The consistent reporting of zero officer compensation across all available filings is a strong indicator of transparency and a focus on directing funds towards the organization's mission rather than executive salaries. However, the recent trend of operating deficits and declining assets warrants closer monitoring to ensure long-term sustainability.

The organization's NTEE code P84 suggests it is involved in labor unions and organizations, which often have unique funding models and operational structures. The consistent filing of IRS 990s over 13 periods indicates a commitment to regulatory compliance and public disclosure, contributing positively to its transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New York Taxi Workers Alliance Inc 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, New York Taxi Workers Alliance 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with annual revenues often exceeding $1 million.

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 Taxi Workers Alliance Inc's IRS 990 filings:

Consistent operating deficits in recent years (2022, 2023)
Significant decline in assets from $1,032,887 in 2022 to $433,366 in 2023
High variability in annual revenue and expenses, indicating potential instability

Strengths

The following positive indicators were identified for New York Taxi Workers Alliance Inc:

Consistent reporting of 0% officer compensation, indicating a strong commitment to mission over executive pay
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance
Periods of strong revenue generation, such as $2,738,878 in 2021

Frequently Asked Questions about New York Taxi Workers Alliance Inc

Why have expenses exceeded revenue in recent years (2022, 2023)?

In 2023, expenses were $1,911,730 against revenue of $1,320,549, and in 2022, expenses were $2,075,336 against revenue of $1,466,262. This indicates a pattern of operating deficits that could impact long-term financial stability.

What caused the significant drop in assets from $1,032,887 in 2022 to $433,366 in 2023?

The substantial decrease in assets by over $500,000 in a single year, coupled with an operating deficit, suggests significant expenditures or asset divestment that warrants further investigation into the organization's financial management.

How does the organization sustain operations with zero officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization has a unique operational structure.

Filing History

IRS 990 filing history for New York Taxi Workers Alliance Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New York Taxi Workers Alliance Inc's revenue has grown by 185.4%, moving from $463K to $1.3M. Total assets increased by 1170.3% over the same period, from $34K to $433K. Total functional expenses rose by 248.5%, from $549K to $1.9M. In its most recent filing year (2023), New York Taxi Workers Alliance Inc reported a deficit of $591K, with expenses exceeding revenue. The organization holds $345K in liabilities against $433K in assets (debt-to-asset ratio: 79.7%), resulting in net assets of $88K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$1.9M	$433K	$345K	—	—
2022	$1.5M	$2.1M	$1.0M	$354K	—	View 990
2021	$2.7M	$1.9M	$1.7M	$378K	—	View 990
2020	$1.4M	$960K	$739K	$274K	—	View 990
2019	$1.5M	$1.3M	$329K	$284K	—	View 990
2018	$1.3M	$1.3M	$83K	$275K	—	View 990
2017	$889K	$1.0M	$85K	$284K	—	View 990
2016	$878K	$873K	$202K	$270K	—	View 990
2015	$760K	$904K	$85K	$158K	—	View 990
2014	$902K	$957K	$160K	$89K	—	View 990
2013	$730K	$724K	$143K	$18K	—	View 990
2012	$761K	$637K	$155K	$35K	—	View 990
2011	$463K	$549K	$34K	$38K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $1.9M, and assets of $433K (revenue -9.9% year-over-year).
2022: Revenue of $1.5M, expenses of $2.1M, and assets of $1.0M (revenue -46.5% year-over-year).
2021: Revenue of $2.7M, expenses of $1.9M, and assets of $1.7M (revenue +100.4% year-over-year).
2020: Revenue of $1.4M, expenses of $960K, and assets of $739K (revenue -9.4% year-over-year).
2019: Revenue of $1.5M, expenses of $1.3M, and assets of $329K (revenue +19.6% year-over-year).
2018: Revenue of $1.3M, expenses of $1.3M, and assets of $83K (revenue +41.8% year-over-year).
2017: Revenue of $889K, expenses of $1.0M, and assets of $85K (revenue +1.3% year-over-year).
2016: Revenue of $878K, expenses of $873K, and assets of $202K (revenue +15.6% year-over-year).
2015: Revenue of $760K, expenses of $904K, and assets of $85K (revenue -15.8% year-over-year).
2014: Revenue of $902K, expenses of $957K, and assets of $160K (revenue +23.7% year-over-year).
2013: Revenue of $730K, expenses of $724K, and assets of $143K (revenue -4.0% year-over-year).
2012: Revenue of $761K, expenses of $637K, and assets of $155K (revenue +64.4% year-over-year).
2011: Revenue of $463K, expenses of $549K, and assets of $34K.

Data Sources and Methodology

This transparency report for New York Taxi Workers Alliance 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.