Nysarc Inc
Nysarc Inc. maintains stable revenue and expense levels with no reported officer compensation over eight years.
EIN: 141426729 · Carmel, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.0M |
| Total Expenses | $24.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
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: 141426729) is a nonprofit organization based in Carmel, NY. The organization reported total revenue of $23.0M and total assets of $11.3M 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 large nonprofit that has been operating for 72 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.0M |
| Total Expenses | $24.2M |
| Surplus / Deficit | $-1,248,691 |
| Total Assets | $11.3M |
| Total Liabilities | $10.3M |
| Net Assets | $1.0M |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 90.9% |
| Months of Reserves | 5.6 months |
Financial Health Grade: C
In 2018, Nysarc Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 90.9% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Nysarc Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +1.1% | +5.6% | -15.8% |
| 2017 | -5.1% | +1.2% | +0.9% |
| 2016 | +4.0% | -0.7% | +7.0% |
| 2015 | +1.1% | -2.0% | +5.0% |
| 2014 | -2.8% | +2.1% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1954 |
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 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.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.9%.
Executive Compensation Analysis
Nysarc Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $22 million in annual revenue. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, requiring a deeper dive into their full 990 forms to understand actual executive remuneration.
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:
- Consistent reporting of 0% officer compensation for an organization of this size, which may indicate incomplete data or unusual compensation structures.
- Slight decline in total assets over the past eight years, from $14.5M in 2011 to $11.3M in 2018.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent revenue generation over $22 million annually for eight consecutive years.
- Stable financial operations with revenues generally covering expenses.
- Long history of IRS 990 filings, indicating regulatory compliance and transparency.
- Relatively stable liabilities over the reporting period.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Nysarc Inc (EIN: 141426729) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $23.0M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Nysarc Inc spend its money?
Nysarc Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nysarc Inc tax-deductible?
Nysarc Inc is registered as a tax-exempt nonprofit (EIN: 141426729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nysarc Inc CEO make?
Nysarc Inc's highest-compensated officer earns $22 annually. The organization reported $23.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nysarc Inc's spending goes to programs?
Nysarc Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nysarc Inc located?
Nysarc Inc is headquartered in Carmel, New York and files with the IRS under EIN 141426729.
How many years of IRS 990 filings does Nysarc Inc have?
Nysarc Inc has 8 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 $23.0M in total revenue.
Is Nysarc Inc. a good charity?
Based on the provided data, Nysarc Inc. appears to be a financially stable organization with consistent operations. The lack of reported officer compensation is a notable point that could indicate strong program focus or a need for further investigation into compensation reporting practices.
What is the trend in Nysarc Inc.'s assets?
Nysarc Inc.'s assets have shown a general downward trend from a high of $14,538,970 in 2011 to $11,323,658 in 2018, representing a decrease of approximately 22% over this period.
How does Nysarc Inc.'s revenue compare to its expenses?
Nysarc Inc. generally operates with revenues closely matching or slightly exceeding expenses, though there have been periods of deficit, such as in 2018 ($22,976,545 revenue vs. $24,225,236 expenses) and 2017 ($22,729,591 revenue vs. $22,950,617 expenses).
Filing History
IRS 990 filing history for Nysarc Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Nysarc Inc's revenue has declined by 4.5%, moving from $24.1M to $23.0M. Total assets decreased by 22.1% over the same period, from $14.5M to $11.3M. Total functional expenses rose by 3.1%, from $23.5M to $24.2M. In its most recent filing year (2018), Nysarc Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $10.3M in liabilities against $11.3M in assets (debt-to-asset ratio: 90.9%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $23.0M | $24.2M | $11.3M | $10.3M | — | View 990 |
| 2017 | $22.7M | $23.0M | $13.4M | $10.1M | — | View 990 |
| 2016 | $23.9M | $22.7M | $13.3M | $9.5M | — | View 990 |
| 2015 | $23.0M | $22.8M | $12.5M | $9.9M | — | View 990 |
| 2014 | $22.8M | $23.3M | $11.9M | $9.5M | — | View 990 |
| 2013 | $23.4M | $22.8M | $11.5M | $8.6M | — | View 990 |
| 2012 | $23.0M | $23.1M | $12.0M | $9.7M | — | View 990 |
| 2011 | $24.1M | $23.5M | $14.5M | $12.1M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $23.0M, expenses of $24.2M, and assets of $11.3M (revenue +1.1% year-over-year).
- 2017: Revenue of $22.7M, expenses of $23.0M, and assets of $13.4M (revenue -5.1% year-over-year).
- 2016: Revenue of $23.9M, expenses of $22.7M, and assets of $13.3M (revenue +4.0% year-over-year).
- 2015: Revenue of $23.0M, expenses of $22.8M, and assets of $12.5M (revenue +1.1% year-over-year).
- 2014: Revenue of $22.8M, expenses of $23.3M, and assets of $11.9M (revenue -2.8% year-over-year).
- 2013: Revenue of $23.4M, expenses of $22.8M, and assets of $11.5M (revenue +2.1% year-over-year).
- 2012: Revenue of $23.0M, expenses of $23.1M, and assets of $12.0M (revenue -4.6% year-over-year).
- 2011: Revenue of $24.1M, expenses of $23.5M, and assets of $14.5M.
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.