Northeast Business Group On Health Inc

Northeast Business Group On Health Inc maintains stable finances and growing assets with no reported officer compensation.

EIN: 133156952 · New York, NY · Updated: 2026-03-28

$2.6MRevenue
$2.5MGross Revenue
$2.7MAssets
85/100Mission Score (Excellent)
Northeast Business Group On Health Inc Financial Summary
MetricValue
Total Revenue$2.6M
Total Expenses$2.4M
Program Spending85%
CEO/Top Officer Pay$2
Net Assets$1.5M
Transparency Score85/100

Is Northeast Business Group On Health Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Northeast Business Group On Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northeast Business Group On Health Inc

Northeast Business Group On Health Inc (EIN: 133156952) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.6M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Business Group On Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Northeast Business Group On Health Inc is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.3M
Total Expenses$2.4M
Surplus / Deficit$-80,087
Total Assets$3.0M
Total Liabilities$1.5M
Net Assets$1.5M
Operating Margin-3.5%
Debt-to-Asset Ratio51.3%
Months of Reserves15.2 months

Financial Health Grade: C

In 2023, Northeast Business Group On Health Inc reported a deficit of $80K with expenses exceeding revenue, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 51.3% (high leverage).

Financial Trends

Over 14 years of filings (2010–2023), Northeast Business Group On Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-1.0%+12.6%+10.0%
2022+6.3%+2.0%-1.0%
2021-1.2%+1.4%+18.5%
2020-7.7%-12.5%+4.4%
2019-4.2%+0.5%+6.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

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

AI Transparency Report

Northeast Business Group On Health Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $2.0M to $2.5M over the past decade. The organization has maintained a healthy asset base, growing from $1.14M in 2014 to $3.02M in 2023, indicating good financial stewardship and accumulation of resources. While the latest filing shows expenses slightly exceeding revenue ($2,380,424 vs. $2,300,337), this is a minor deficit and not indicative of a systemic issue, especially given the overall positive trend in assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this specific field, which warrants further investigation into other compensation schedules if available. Overall, the organization appears financially stable with a strong asset position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northeast Business Group On Health Inc 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Northeast Business Group On Health 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:

$2.3MTotal Revenue
$2.4MTotal Expenses
$3.0MTotal Assets
$1.5MTotal Liabilities
$1.5MNet Assets
  • The organization reported a deficit of $80K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 51.3%.

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 revenues exceeding $2 million annually. This either indicates that no officers receive compensation, or that compensation is reported under a different category not captured by 'Officer Comp' in the provided data, warranting further scrutiny of detailed compensation schedules.

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 Northeast Business Group On Health Inc's IRS 990 filings:

  • Unusually low or zero reported officer compensation, which may obscure actual executive pay if reported elsewhere.

Strengths

The following positive indicators were identified for Northeast Business Group On Health Inc:

  • Consistent revenue generation over a decade, indicating stable operations.
  • Strong and growing asset base, increasing from $1.14M in 2014 to $3.02M in 2023, demonstrating financial health.
  • Generally well-managed expenses relative to revenue, with only minor fluctuations.
  • Low liabilities relative to assets, indicating a healthy balance sheet.

Frequently Asked Questions about Northeast Business Group On Health Inc

Is Northeast Business Group On Health Inc a legitimate charity?

Northeast Business Group On Health Inc (EIN: 133156952) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.6M. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does Northeast Business Group On Health Inc spend its money?

Northeast Business Group On Health Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Northeast Business Group On Health Inc tax-deductible?

Northeast Business Group On Health Inc is registered as a tax-exempt nonprofit (EIN: 133156952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Northeast Business Group On Health Inc CEO make?

Northeast Business Group On Health Inc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Northeast Business Group On Health Inc's spending goes to programs?

Northeast Business Group On Health Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Northeast Business Group On Health Inc located?

Northeast Business Group On Health Inc is headquartered in New York, New York and files with the IRS under EIN 133156952.

How many years of IRS 990 filings does Northeast Business Group On Health Inc have?

Northeast Business Group On Health Inc has 14 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 $2.6M in total revenue.

How does Northeast Business Group On Health Inc manage to report 0% officer compensation despite its size?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $2 million. This could mean that officers are uncompensated volunteers, or that their compensation is reported under different categories (e.g., 'salaries and wages' for non-officer employees) not captured by the 'Officer Comp' field in the provided data. A deeper dive into the full IRS Form 990, specifically Schedule J (Compensation Information), would be necessary to understand the complete compensation structure.

What is the primary source of revenue for the organization?

While the specific breakdown of revenue sources (e.g., membership dues, program service revenue, contributions) is not provided in the summary data, the consistent revenue figures suggest a stable funding model, likely from membership fees or program service revenue given its 'Business Group' designation. Further detail would be found in Part VIII of the full IRS Form 990.

Is the recent slight deficit in 2023 a concern for financial stability?

The 2023 deficit of approximately $80,000 ($2,300,337 revenue vs. $2,380,424 expenses) is minor relative to the organization's total revenue and its substantial asset base of over $3 million. This single-year deficit is not a significant concern for overall financial stability, especially given the organization's history of generally balancing or exceeding expenses with revenue in prior years and its growing assets.

Filing History

IRS 990 filing history for Northeast Business Group On Health Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Northeast Business Group On Health Inc's revenue has grown by 73%, moving from $1.3M to $2.3M. Total assets increased by 149.8% over the same period, from $1.2M to $3.0M. Total functional expenses rose by 80.6%, from $1.3M to $2.4M. In its most recent filing year (2023), Northeast Business Group On Health Inc reported a deficit of $80K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $3.0M in assets (debt-to-asset ratio: 51.3%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.3M $2.4M $3.0M $1.5M
2022 $2.3M $2.1M $2.7M $1.2M View 990
2021 $2.2M $2.1M $2.8M $1.4M View 990
2020 $2.2M $2.0M $2.3M $1.1M View 990
2019 $2.4M $2.3M $2.2M $1.1M View 990
2018 $2.5M $2.3M $2.1M $1.1M View 990
2017 $3.1M $2.8M $2.0M $1.2M View 990
2016 $2.5M $2.4M $1.5M $967K View 990
2015 $2.2M $2.1M $1.4M $981K View 990
2014 $2.0M $1.8M $1.1M $760K View 990
2013 $1.5M $1.7M $871K $678K View 990
2012 $1.4M $1.5M $1.1M $770K View 990
2011 $1.4M $1.4M $1.1M $667K View 990
2010 $1.3M $1.3M $1.2M $696K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.3M, expenses of $2.4M, and assets of $3.0M (revenue -1.0% year-over-year).
  • 2022: Revenue of $2.3M, expenses of $2.1M, and assets of $2.7M (revenue +6.3% year-over-year).
  • 2021: Revenue of $2.2M, expenses of $2.1M, and assets of $2.8M (revenue -1.2% year-over-year).
  • 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $2.3M (revenue -7.7% year-over-year).
  • 2019: Revenue of $2.4M, expenses of $2.3M, and assets of $2.2M (revenue -4.2% year-over-year).
  • 2018: Revenue of $2.5M, expenses of $2.3M, and assets of $2.1M (revenue -18.2% year-over-year).
  • 2017: Revenue of $3.1M, expenses of $2.8M, and assets of $2.0M (revenue +21.9% year-over-year).
  • 2016: Revenue of $2.5M, expenses of $2.4M, and assets of $1.5M (revenue +13.2% year-over-year).
  • 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $1.4M (revenue +13.1% year-over-year).
  • 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $1.1M (revenue +29.9% year-over-year).
  • 2013: Revenue of $1.5M, expenses of $1.7M, and assets of $871K (revenue +8.6% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $1.1M (revenue -0.5% year-over-year).
  • 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue +5.1% year-over-year).
  • 2010: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northeast Business Group On Health Inc:

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 2010 Filing

Data Sources and Methodology

This transparency report for Northeast Business Group On Health 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.

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