Northfield Community Ldc Of Staten Island Inc
Northfield Community Ldc maintains stable finances with no reported officer compensation.
EIN: 132974137 · Staten Island, NY · NTEE: L820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $233K |
| Transparency Score | 85/100 |
Is Northfield Community Ldc Of Staten Island Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northfield Community Ldc Of Staten Island Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northfield Community Ldc Of Staten Island Inc
Northfield Community Ldc Of Staten Island Inc (EIN: 132974137) is a nonprofit organization based in Staten Island, NY, classified under NTEE code L820. The organization reported total revenue of $3.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northfield Community Ldc Of Staten Island Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northfield Community Ldc Of Staten Island Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$86K |
| Total Assets | $1.2M |
| Total Liabilities | $930K |
| Net Assets | $233K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 80.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Northfield Community Ldc Of Staten Island Inc reported a surplus of $86K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 80.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northfield Community Ldc Of Staten Island Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | +3.4% | +19.6% |
| 2022 | +39.4% | +5.5% | -6.9% |
| 2021 | -5.4% | +6.9% | +31.0% |
| 2020 | +3.0% | +3.7% | +14.0% |
| 2019 | -11.8% | -10.9% | -16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Northfield Community Ldc Of Staten Island 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, Northfield Community Ldc Of Staten Island 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:
- The organization reported a surplus of $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either that executive roles are unpaid or that compensation is not categorized as such, which is highly favorable for donor perception and suggests efficient use of funds.
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 Northfield Community Ldc Of Staten Island Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, hindering precise efficiency analysis.
- Growing liabilities ($930,142 in 202305) alongside assets, requiring further scrutiny of the balance sheet.
Strengths
The following positive indicators were identified for Northfield Community Ldc Of Staten Island Inc:
- Consistent financial stability with revenues generally exceeding or closely matching expenses (e.g., $1,898,705 revenue vs. $1,812,215 expenses in 202305).
- No reported officer compensation across all filings, indicating strong transparency and potentially low overhead.
- Steady asset growth over the decade, from $602,914 in 201405 to $1,162,979 in 202305, suggesting increasing capacity.
- Positive net income in most recent periods (e.g., $86,490 surplus in 202305).
Frequently Asked Questions about Northfield Community Ldc Of Staten Island Inc
Is Northfield Community Ldc Of Staten Island Inc a legitimate charity?
Northfield Community Ldc Of Staten Island Inc (EIN: 132974137) 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: $3.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Northfield Community Ldc Of Staten Island Inc spend its money?
Northfield Community Ldc Of Staten Island Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northfield Community Ldc Of Staten Island Inc tax-deductible?
Northfield Community Ldc Of Staten Island Inc is registered as a tax-exempt nonprofit (EIN: 132974137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northfield Community Ldc Of Staten Island Inc's spending goes to programs?
Northfield Community Ldc Of Staten Island Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northfield Community Ldc Of Staten Island Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northfield Community Ldc Of Staten Island Inc is above average for NTEE category L820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northfield Community Ldc Of Staten Island Inc located?
Northfield Community Ldc Of Staten Island Inc is headquartered in Staten Island, New York and files with the IRS under EIN 132974137. It is classified under NTEE code L820.
How many years of IRS 990 filings does Northfield Community Ldc Of Staten Island Inc have?
Northfield Community Ldc Of Staten Island Inc 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 $3.0M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown, making it difficult to precisely determine the percentage allocated to programs, administration, and fundraising. However, the consistent close match between revenue and expenses suggests efficient overall management.
How does the organization manage its liabilities, which have grown to $930,142 in 202305?
While liabilities have increased, so have assets, indicating potential growth in operations or investments. A deeper dive into the balance sheet would be needed to assess the nature of these liabilities and the organization's strategy for managing them relative to its assets.
What specific programs does Northfield Community Ldc Of Staten Island Inc operate?
The NTEE code L820 (Community Development Corporations) suggests a focus on local community development, but specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Northfield Community Ldc Of Staten Island Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northfield Community Ldc Of Staten Island Inc's revenue has declined by 57.4%, moving from $4.5M to $1.9M. Total assets decreased by 53% over the same period, from $2.5M to $1.2M. Total functional expenses fell by 60.6%, from $4.6M to $1.8M. In its most recent filing year (2023), Northfield Community Ldc Of Staten Island Inc reported a surplus of $86K, with revenue exceeding expenses. The organization holds $930K in liabilities against $1.2M in assets (debt-to-asset ratio: 80.0%), resulting in net assets of $233K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $1.2M | $930K | — | View 990 |
| 2022 | $2.0M | $1.8M | $973K | $794K | — | View 990 |
| 2021 | $1.5M | $1.7M | $1.0M | $1.2M | — | View 990 |
| 2020 | $1.5M | $1.6M | $798K | $698K | — | View 990 |
| 2019 | $1.5M | $1.5M | $700K | $586K | — | View 990 |
| 2018 | $1.7M | $1.7M | $840K | $730K | — | View 990 |
| 2017 | $1.4M | $1.4M | $615K | $530K | — | View 990 |
| 2016 | $1.3M | $1.3M | $686K | $604K | — | View 990 |
| 2015 | $1.2M | $1.2M | $792K | $702K | — | View 990 |
| 2014 | $1.7M | $1.7M | $603K | $512K | — | View 990 |
| 2013 | $1.9M | $1.9M | $874K | $792K | — | View 990 |
| 2012 | $3.0M | $3.0M | $968K | $886K | — | View 990 |
| 2011 | $4.5M | $4.6M | $2.5M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $1.2M (revenue -7.1% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $973K (revenue +39.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $1.0M (revenue -5.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $798K (revenue +3.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $700K (revenue -11.8% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $840K (revenue +19.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $615K (revenue +8.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $686K (revenue +12.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $792K (revenue -31.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $603K (revenue -11.8% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $874K (revenue -35.8% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.0M, and assets of $968K (revenue -32.6% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.6M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northfield Community Ldc Of Staten Island Inc:
Data Sources and Methodology
This transparency report for Northfield Community Ldc Of Staten Island 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.