Nysarc Inc
Nysarc Inc shows consistent growth and stable finances with no reported officer compensation.
EIN: 141437657 · Kingston, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $99.7M |
| Total Expenses | $87.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $99.6 |
| Net Assets | $34.6M |
| Transparency Score | 80/100 |
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: 141437657) is a nonprofit organization based in Kingston, NY, classified under NTEE code P820. The organization reported total revenue of $99.7M and total assets of $66.5M 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 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89.7M |
| Total Expenses | $87.0M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $58.6M |
| Total Liabilities | $24.1M |
| Net Assets | $34.6M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 41.1% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, Nysarc Inc reported a surplus of $2.8M with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 41.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nysarc Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | -13.9% | +3.3% |
| 2022 | +20.6% | +23.2% | -1.1% |
| 2021 | -1.0% | -0.2% | -4.6% |
| 2020 | +14.0% | +11.7% | +5.5% |
| 2019 | +23.7% | +24.8% | +29.7% |
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 80 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 $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.1%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of Nysarc Inc's size ($99.6 million in latest revenue). This suggests either that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is categorized differently, warranting further investigation for full transparency.
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 (0%) reported officer compensation, which may obscure actual executive remuneration methods or sources.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent revenue growth, nearly doubling over the last decade.
- Strong asset base, growing from $43.1M to $66.4M, indicating financial stability.
- Generally stable financial operations with expenses closely aligned with revenues, avoiding significant deficits.
- Consistent IRS 990 filing history, demonstrating regulatory compliance.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 141437657) some concerns. Mission Score: 80/100. 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: 141437657). 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 $99.6 annually. The organization reported $99.7M 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.
How does Nysarc Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Nysarc Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nysarc Inc located?
Nysarc Inc is headquartered in Kingston, New York and files with the IRS under EIN 141437657. It is classified under NTEE code P820.
How many years of IRS 990 filings does Nysarc Inc have?
Nysarc 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 $99.7M in total revenue.
Is Nysarc Inc a good charity?
Based on the available data, Nysarc Inc appears to be a financially stable organization with consistent growth and a strong asset base. The lack of reported officer compensation is a unique characteristic that could be viewed positively by donors, assuming leadership is adequately supported through other means or volunteer efforts. However, a full assessment of 'goodness' would require more detailed program impact and spending efficiency data.
How does Nysarc Inc manage its executive compensation?
The IRS 990 filings consistently report 0% officer compensation. This is highly unusual for an organization with nearly $100 million in annual revenue and suggests that executive compensation may be structured in a way not captured by this specific line item, or that the organization relies on volunteer executive leadership.
What is Nysarc Inc's financial trend over the last decade?
Nysarc Inc has demonstrated significant financial growth over the last decade. Its revenue has nearly doubled from $53,675,471 in 2014 to $99,669,419 currently, and its assets have increased from $43,184,377 to $66,472,609, indicating a strong and growing financial position.
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 81.7%, moving from $49.4M to $89.7M. Total assets increased by 53.4% over the same period, from $38.2M to $58.6M. Total functional expenses rose by 83.2%, from $47.5M to $87.0M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $24.1M in liabilities against $58.6M in assets (debt-to-asset ratio: 41.1%), resulting in net assets of $34.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89.7M | $87.0M | $58.6M | $24.1M | — | — |
| 2022 | $99.4M | $101.0M | $56.8M | $26.1M | — | View 990 |
| 2021 | $82.4M | $82.0M | $57.4M | $23.0M | — | View 990 |
| 2020 | $83.2M | $82.2M | $60.2M | $27.2M | — | View 990 |
| 2019 | $73.0M | $73.6M | $57.0M | $26.4M | — | View 990 |
| 2018 | $59.0M | $58.9M | $44.0M | $15.3M | — | View 990 |
| 2017 | $58.6M | $58.9M | $47.2M | $16.9M | — | View 990 |
| 2016 | $60.4M | $56.4M | $48.4M | $18.4M | — | View 990 |
| 2015 | $58.0M | $55.5M | $44.6M | $18.8M | — | View 990 |
| 2014 | $53.7M | $52.0M | $43.2M | $19.9M | — | View 990 |
| 2013 | $51.7M | $49.5M | $41.5M | $19.9M | — | View 990 |
| 2012 | $50.3M | $48.9M | $39.5M | $20.5M | — | View 990 |
| 2011 | $49.4M | $47.5M | $38.2M | $20.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89.7M, expenses of $87.0M, and assets of $58.6M (revenue -9.7% year-over-year).
- 2022: Revenue of $99.4M, expenses of $101.0M, and assets of $56.8M (revenue +20.6% year-over-year).
- 2021: Revenue of $82.4M, expenses of $82.0M, and assets of $57.4M (revenue -1.0% year-over-year).
- 2020: Revenue of $83.2M, expenses of $82.2M, and assets of $60.2M (revenue +14.0% year-over-year).
- 2019: Revenue of $73.0M, expenses of $73.6M, and assets of $57.0M (revenue +23.7% year-over-year).
- 2018: Revenue of $59.0M, expenses of $58.9M, and assets of $44.0M (revenue +0.7% year-over-year).
- 2017: Revenue of $58.6M, expenses of $58.9M, and assets of $47.2M (revenue -3.0% year-over-year).
- 2016: Revenue of $60.4M, expenses of $56.4M, and assets of $48.4M (revenue +4.2% year-over-year).
- 2015: Revenue of $58.0M, expenses of $55.5M, and assets of $44.6M (revenue +8.1% year-over-year).
- 2014: Revenue of $53.7M, expenses of $52.0M, and assets of $43.2M (revenue +3.8% year-over-year).
- 2013: Revenue of $51.7M, expenses of $49.5M, and assets of $41.5M (revenue +2.9% year-over-year).
- 2012: Revenue of $50.3M, expenses of $48.9M, and assets of $39.5M (revenue +1.8% year-over-year).
- 2011: Revenue of $49.4M, expenses of $47.5M, and assets of $38.2M.
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.