Newburgh Teachers Association Benefit Trust Fund
Newburgh Teachers Association Benefit Trust Fund consistently operates with stable finances and zero executive compensation.
EIN: 146131191 · Newburgh, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Program Spending | 95% |
| Net Assets | $3.2M |
| Transparency Score | 90/100 |
Is Newburgh Teachers Association Benefit Trust Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newburgh Teachers Association Benefit Trust Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newburgh Teachers Association Benefit Trust Fund
Newburgh Teachers Association Benefit Trust Fund (EIN: 146131191) is a nonprofit organization based in Newburgh, NY. The organization reported total revenue of $2.4M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newburgh Teachers Association Benefit Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newburgh Teachers Association Benefit Trust Fund is a mid-size nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-51,685 |
| Total Assets | $3.7M |
| Total Liabilities | $470K |
| Net Assets | $3.2M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2023, Newburgh Teachers Association Benefit Trust Fund reported a deficit of $52K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Newburgh Teachers Association Benefit Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | -0.9% | -0.6% |
| 2022 | -0.4% | +19.5% | -2.3% |
| 2021 | -0.3% | -15.5% | -11.3% |
| 2020 | +0.7% | -3.7% | +17.9% |
| 2019 | +6.0% | +12.0% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Newburgh Teachers Association Benefit Trust Fund with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Newburgh Teachers Association Benefit Trust Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.7%.
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 favorable for a benefit trust fund.
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.
Strengths
The following positive indicators were identified for Newburgh Teachers Association Benefit Trust Fund:
- Consistent financial stability with assets consistently over $3.5 million.
- Zero officer compensation reported across all filings, indicating high efficiency in administrative costs.
- Stable revenue streams, consistently around $2 million annually, supporting its operations.
- Expenses are consistently aligned with revenue, suggesting effective financial management.
- Strong program focus, as implied by the nature of a 'Benefit Trust Fund' and lack of other significant expenses.
Frequently Asked Questions about Newburgh Teachers Association Benefit Trust Fund
Is Newburgh Teachers Association Benefit Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Newburgh Teachers Association Benefit Trust Fund (EIN: 146131191) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Newburgh Teachers Association Benefit Trust Fund spend its money?
Newburgh Teachers Association Benefit Trust Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newburgh Teachers Association Benefit Trust Fund tax-deductible?
Newburgh Teachers Association Benefit Trust Fund is registered as a tax-exempt nonprofit (EIN: 146131191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newburgh Teachers Association Benefit Trust Fund located?
Newburgh Teachers Association Benefit Trust Fund is headquartered in Newburgh, New York and files with the IRS under EIN 146131191.
How many years of IRS 990 filings does Newburgh Teachers Association Benefit Trust Fund have?
Newburgh Teachers Association Benefit Trust Fund has 12 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 $2.4M in total revenue.
What specific benefits does the Newburgh Teachers Association Benefit Trust Fund provide?
The provided IRS 990 data indicates the organization is a 'Benefit Trust Fund' but does not detail the specific types of benefits (e.g., health, retirement, disability) it offers to its members.
How does the organization manage its liabilities, which have shown significant fluctuations in certain years?
Liabilities have varied, reaching highs of $1,183,579 in 2020 and $1,036,215 in 2015. While the data shows these were managed without impacting overall asset stability, further detail on the nature of these liabilities and their resolution would provide more insight.
Are there any fundraising activities or costs associated with generating its revenue?
The provided data does not indicate any specific fundraising expenses, suggesting that the organization's revenue is likely derived from member contributions, investment income, or other non-fundraising sources.
Filing History
IRS 990 filing history for Newburgh Teachers Association Benefit Trust Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Newburgh Teachers Association Benefit Trust Fund's revenue has grown by 6.9%, moving from $1.9M to $2.1M. Total assets decreased by 9.8% over the same period, from $4.1M to $3.7M. Total functional expenses rose by 23.8%, from $1.7M to $2.1M. In its most recent filing year (2023), Newburgh Teachers Association Benefit Trust Fund reported a deficit of $52K, with expenses exceeding revenue. The organization holds $470K in liabilities against $3.7M in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $3.7M | $470K | — | View 990 |
| 2022 | $2.0M | $2.1M | $3.7M | $443K | — | View 990 |
| 2021 | $2.1M | $1.8M | $3.8M | $433K | — | View 990 |
| 2020 | $2.1M | $2.1M | $4.3M | $1.2M | — | — |
| 2019 | $2.0M | $2.2M | $3.7M | $470K | — | View 990 |
| 2018 | $1.9M | $2.0M | $3.7M | $393K | — | View 990 |
| 2017 | $1.9M | $1.9M | $4.4M | $1.0M | — | View 990 |
| 2016 | $1.9M | $1.8M | $3.7M | $370K | — | View 990 |
| 2015 | $1.8M | $1.8M | $4.4M | $1.0M | — | View 990 |
| 2014 | $1.8M | $1.7M | $3.6M | $326K | — | View 990 |
| 2013 | $1.9M | $1.8M | $3.4M | $301K | — | View 990 |
| 2012 | $1.9M | $1.7M | $4.1M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $3.7M (revenue +1.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.1M, and assets of $3.7M (revenue -0.4% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.8M, and assets of $3.8M (revenue -0.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $4.3M (revenue +0.7% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.2M, and assets of $3.7M (revenue +6.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.0M, and assets of $3.7M (revenue +0.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $4.4M (revenue +2.5% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $3.7M (revenue +2.0% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $4.4M (revenue +-0.0% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $3.6M (revenue -3.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $3.4M (revenue -2.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newburgh Teachers Association Benefit Trust Fund:
Data Sources and Methodology
This transparency report for Newburgh Teachers Association Benefit Trust Fund 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.