Nysarc Inc
Nysarc Inc maintains stable finances with consistent surpluses and growing assets, reporting no officer compensation.
EIN: 111845294 · Bohemia, NY · NTEE: P820 · Updated: 2026-03-28
Is Nysarc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nysarc Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nysarc Inc
Nysarc Inc (EIN: 111845294) is a nonprofit organization based in Bohemia, NY, classified under NTEE code P820. The organization reported total revenue of $72.4M and total assets of $34.0M 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.
Organization Overview
Nysarc Inc is a major nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66.5M |
| Total Expenses | $66.1M |
| Surplus / Deficit | +$458K |
| Total Assets | $28.8M |
| Total Liabilities | $14.6M |
| Net Assets | $14.2M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 50.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Nysarc Inc reported a surplus of $458K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 50.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nysarc Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | -1.4% | +4.2% |
| 2022 | +21.6% | +30.6% | -7.8% |
| 2021 | +4.7% | -0.2% | -3.1% |
| 2020 | -13.1% | -20.9% | +3.4% |
| 2019 | -13.3% | -6.4% | +22.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1971 |
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 Nysarc Inc with a Mission Score of 88 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $458K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation across all available periods, suggesting that the organization's officers are either uncompensated or their compensation is categorized differently, which is a strong indicator of resources being directed towards the mission rather than executive salaries.
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:
- Lack of detailed functional expense breakdown in provided summary data, making precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent operational surpluses, with revenue generally exceeding expenses (e.g., $66,512,654 revenue vs. $66,054,471 expenses in 2023).
- Growing asset base, increasing from $21,764,476 in 2016 to $28,773,189 in 2023, indicating financial stability.
- Reported 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
- Clear program focus indicated by NTEE Code P820 (Developmental Disabilities).
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 111845294) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Nysarc Inc spend its money?
Nysarc Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nysarc Inc tax-deductible?
Nysarc Inc is registered as a tax-exempt nonprofit (EIN: 111845294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nysarc Inc a good charity?
Based on the provided financial data, Nysarc Inc appears to be a financially stable organization with consistent revenue exceeding expenses and growing assets. The reported 0% officer compensation is a positive sign for resource allocation. To fully assess if it's a 'good' charity, one would need to examine program outcomes and detailed functional expense breakdowns.
How has Nysarc Inc's financial health changed over time?
Nysarc Inc has shown consistent financial health, with revenues generally exceeding expenses, leading to operational surpluses in most years. Assets have steadily increased from $21,764,476 in 2016 to $28,773,189 in 2023, indicating growth and stability. There was a notable dip in revenue and assets in 2019, but the organization recovered and continued its growth trajectory.
What is the trend in Nysarc Inc's liabilities?
Nysarc Inc's liabilities have fluctuated, ranging from a low of $7,415,144 in 2017 to a high of $18,327,282 in 2015. In recent years, liabilities have been around $13-17 million, such as $14,575,859 in 2023, which appears manageable relative to its growing asset base.
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 declined by 1.6%, moving from $67.6M to $66.5M. Total assets increased by 7.8% over the same period, from $26.7M to $28.8M. Total functional expenses fell by 2.1%, from $67.5M to $66.1M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $458K, with revenue exceeding expenses. The organization holds $14.6M in liabilities against $28.8M in assets (debt-to-asset ratio: 50.7%), resulting in net assets of $14.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66.5M | $66.1M | $28.8M | $14.6M | — | — |
| 2022 | $67.3M | $67.0M | $27.6M | $13.9M | — | View 990 |
| 2021 | $55.3M | $51.3M | $30.0M | $16.5M | — | View 990 |
| 2020 | $52.9M | $51.4M | $30.9M | $17.4M | — | View 990 |
| 2019 | $60.8M | $65.0M | $29.9M | $17.9M | — | View 990 |
| 2018 | $70.2M | $69.4M | $24.4M | $8.2M | — | View 990 |
| 2017 | $70.6M | $68.6M | $22.8M | $7.4M | — | View 990 |
| 2016 | $71.1M | $70.0M | $21.8M | $8.4M | — | View 990 |
| 2015 | $68.3M | $68.2M | $30.5M | $18.3M | — | View 990 |
| 2014 | $69.0M | $67.0M | $29.2M | $17.0M | — | View 990 |
| 2013 | $68.5M | $67.0M | $21.8M | $11.7M | — | View 990 |
| 2012 | $65.9M | $66.6M | $20.7M | $12.1M | — | View 990 |
| 2011 | $67.6M | $67.5M | $26.7M | $17.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66.5M, expenses of $66.1M, and assets of $28.8M (revenue -1.1% year-over-year).
- 2022: Revenue of $67.3M, expenses of $67.0M, and assets of $27.6M (revenue +21.6% year-over-year).
- 2021: Revenue of $55.3M, expenses of $51.3M, and assets of $30.0M (revenue +4.7% year-over-year).
- 2020: Revenue of $52.9M, expenses of $51.4M, and assets of $30.9M (revenue -13.1% year-over-year).
- 2019: Revenue of $60.8M, expenses of $65.0M, and assets of $29.9M (revenue -13.3% year-over-year).
- 2018: Revenue of $70.2M, expenses of $69.4M, and assets of $24.4M (revenue -0.6% year-over-year).
- 2017: Revenue of $70.6M, expenses of $68.6M, and assets of $22.8M (revenue -0.7% year-over-year).
- 2016: Revenue of $71.1M, expenses of $70.0M, and assets of $21.8M (revenue +4.2% year-over-year).
- 2015: Revenue of $68.3M, expenses of $68.2M, and assets of $30.5M (revenue -1.0% year-over-year).
- 2014: Revenue of $69.0M, expenses of $67.0M, and assets of $29.2M (revenue +0.7% year-over-year).
- 2013: Revenue of $68.5M, expenses of $67.0M, and assets of $21.8M (revenue +4.0% year-over-year).
- 2012: Revenue of $65.9M, expenses of $66.6M, and assets of $20.7M (revenue -2.5% year-over-year).
- 2011: Revenue of $67.6M, expenses of $67.5M, and assets of $26.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nysarc Inc:
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.