Nysarc Inc
Nysarc Inc consistently maintains a healthy financial surplus and growing assets.
EIN: 111720254 · Brookville, NY · NTEE: P820 · Updated: 2026-03-28
About Nysarc Inc
Nysarc Inc (EIN: 111720254) is a nonprofit organization based in Brookville, NY, classified under NTEE code P820. The organization reported total revenue of $197.3M and total assets of $180.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nysarc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nysarc 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, Nysarc 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
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size (latest revenue $197,334,784) and suggests that executive compensation may be reported under other expense categories or is genuinely very low, requiring a deeper dive into the full 990 forms for clarity.
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 Nysarc Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive pay if reported elsewhere.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $2.6 million surplus in 2023).
- Significant and consistent growth in assets over the past decade, from $113.7 million in 2014 to $164.3 million in 2023.
- Strong revenue generation, with latest reported revenue at $197,334,784, indicating substantial operational scale.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a good charity?
Based on the provided financial data, Nysarc Inc appears to be a financially stable organization with consistent revenue generation and asset growth. The consistent surplus of revenue over expenses, such as $2.6 million in 2023, indicates responsible financial management. However, a full assessment would require detailed program spending ratios and a deeper look into the 0% officer compensation.
How does Nysarc Inc's asset growth compare to its liabilities?
Nysarc Inc's assets have shown significant growth, from $113,774,113 in 2014 to $164,389,248 in 2023. While liabilities have also increased, from $29,594,791 in 2014 to $46,009,954 in 2023, the asset growth has outpaced the increase in liabilities, maintaining a healthy financial position.
What is the trend in Nysarc Inc's revenue and expenses?
Nysarc Inc has shown a strong upward trend in both revenue and expenses over the past decade. Revenue increased from $121,941,176 in 2014 to $145,774,880 in 2023 (with a peak of $157,857,508 in 2022), while expenses also grew from $117,722,001 to $143,119,369 in the same period, indicating an expanding scale of operations.
Filing History
IRS 990 filing history for Nysarc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nysarc Inc's revenue has grown by 19.2%, moving from $122.3M to $145.8M. Total assets increased by 76.3% over the same period, from $93.2M to $164.4M. Total functional expenses rose by 24.1%, from $115.3M to $143.1M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $46.0M in liabilities against $164.4M in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $118.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $145.8M | $143.1M | $164.4M | $46.0M | — | — |
| 2022 | $157.9M | $153.8M | $150.4M | $41.7M | — | View 990 |
| 2021 | $126.8M | $120.0M | $162.5M | $41.1M | — | View 990 |
| 2020 | $128.9M | $122.8M | $162.9M | $46.4M | — | View 990 |
| 2019 | $127.7M | $123.1M | $158.9M | $51.9M | — | View 990 |
| 2018 | $120.9M | $118.9M | $125.4M | $29.9M | — | View 990 |
| 2017 | $119.1M | $120.7M | $126.4M | $26.9M | — | View 990 |
| 2016 | $123.8M | $116.7M | $122.8M | $26.3M | — | View 990 |
| 2015 | $121.3M | $116.4M | $116.7M | $29.7M | — | View 990 |
| 2014 | $121.9M | $117.7M | $113.8M | $29.6M | — | View 990 |
| 2013 | $127.3M | $118.3M | $109.6M | $31.2M | — | View 990 |
| 2012 | $122.5M | $118.7M | $98.6M | $33.7M | — | View 990 |
| 2011 | $122.3M | $115.3M | $93.2M | $34.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145.8M, expenses of $143.1M, and assets of $164.4M (revenue -7.7% year-over-year).
- 2022: Revenue of $157.9M, expenses of $153.8M, and assets of $150.4M (revenue +24.5% year-over-year).
- 2021: Revenue of $126.8M, expenses of $120.0M, and assets of $162.5M (revenue -1.7% year-over-year).
- 2020: Revenue of $128.9M, expenses of $122.8M, and assets of $162.9M (revenue +1.0% year-over-year).
- 2019: Revenue of $127.7M, expenses of $123.1M, and assets of $158.9M (revenue +5.6% year-over-year).
- 2018: Revenue of $120.9M, expenses of $118.9M, and assets of $125.4M (revenue +1.5% year-over-year).
- 2017: Revenue of $119.1M, expenses of $120.7M, and assets of $126.4M (revenue -3.8% year-over-year).
- 2016: Revenue of $123.8M, expenses of $116.7M, and assets of $122.8M (revenue +2.0% year-over-year).
- 2015: Revenue of $121.3M, expenses of $116.4M, and assets of $116.7M (revenue -0.5% year-over-year).
- 2014: Revenue of $121.9M, expenses of $117.7M, and assets of $113.8M (revenue -4.2% year-over-year).
- 2013: Revenue of $127.3M, expenses of $118.3M, and assets of $109.6M (revenue +3.9% year-over-year).
- 2012: Revenue of $122.5M, expenses of $118.7M, and assets of $98.6M (revenue +0.2% year-over-year).
- 2011: Revenue of $122.3M, expenses of $115.3M, and assets of $93.2M.
Data Sources and Methodology
This transparency report for Nysarc 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.