Nysarc Inc
Nysarc Inc maintains stable operations with consistent revenue and expenses, showing slight deficits in recent years.
EIN: 141462340 · Newburgh, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.4M |
| Total Expenses | $30.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $5.1M |
| Transparency Score | 75/100 |
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 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nysarc Inc
Nysarc Inc (EIN: 141462340) is a nonprofit organization based in Newburgh, NY. The organization reported total revenue of $29.4M and total assets of $13.5M 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 large nonprofit that has been operating for 54 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.4M |
| Total Expenses | $30.1M |
| Surplus / Deficit | $-731,493 |
| Total Assets | $13.5M |
| Total Liabilities | $8.4M |
| Net Assets | $5.1M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 62.0% |
| Months of Reserves | 5.4 months |
Financial Health Grade: C
In 2018, Nysarc Inc reported a deficit of $731K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 62.0% (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 -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -3.1% | -4.0% | +0.4% |
| 2017 | -4.5% | +0.5% | -4.3% |
| 2016 | +0.1% | -2.4% | +4.5% |
| 2015 | -0.4% | +2.1% | -11.4% |
| 2014 | +4.5% | +1.5% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1972 |
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 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Nysarc Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $731K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is unusual for an organization of Nysarc Inc's size with annual revenues around $30 million. This either indicates a fully volunteer executive leadership or that compensation is categorized differently, requiring further scrutiny for complete 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:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation.
- Slight operational deficits in recent years (e.g., 2018, 2017) where expenses exceeded revenue, indicating potential reliance on reserves or tight budgeting.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent revenue generation, maintaining around $30-34 million annually over eight years.
- Regular and consistent filing of IRS 990 forms, demonstrating a commitment to regulatory transparency.
- Stable asset base, although showing a gradual decline, it remains substantial relative to liabilities.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 141462340) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Nysarc Inc spend its money?
Nysarc Inc directs 80% 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: 141462340). 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 $30 annually. The organization reported $29.4M 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 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nysarc Inc located?
Nysarc Inc is headquartered in Newburgh, New York and files with the IRS under EIN 141462340.
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 $29.4M in total revenue.
Why is officer compensation consistently reported as 0% across all filings?
This is an unusual reporting pattern for an organization of Nysarc Inc's size and revenue. It could indicate a volunteer executive team, or that executive compensation is reported under different expense categories, which would require a deeper dive into the full 990 forms to understand.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of spending categories. To assess spending efficiency, a full IRS 990 would be needed to analyze the allocation of expenses across programs, administration, and fundraising.
How does Nysarc Inc manage its slight operational deficits in some years?
In years like 2018 and 2017, expenses ($30,149,515 and $31,414,604 respectively) exceeded revenues ($29,418,022 and $30,355,385 respectively). This suggests the organization is either drawing from reserves, experiencing temporary funding gaps, or managing a very tight budget. Consistent deficits could erode assets over time.
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 15.6%, moving from $34.9M to $29.4M. Total assets decreased by 17.9% over the same period, from $16.4M to $13.5M. Total functional expenses fell by 11.4%, from $34.0M to $30.1M. In its most recent filing year (2018), Nysarc Inc reported a deficit of $731K, with expenses exceeding revenue. The organization holds $8.4M in liabilities against $13.5M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $29.4M | $30.1M | $13.5M | $8.4M | — | View 990 |
| 2017 | $30.4M | $31.4M | $13.4M | $7.6M | — | View 990 |
| 2016 | $31.8M | $31.3M | $14.0M | $7.2M | — | View 990 |
| 2015 | $31.8M | $32.0M | $13.4M | $7.7M | — | View 990 |
| 2014 | $31.9M | $31.4M | $15.1M | $9.1M | — | View 990 |
| 2013 | $30.5M | $30.9M | $15.4M | $9.9M | — | View 990 |
| 2012 | $31.9M | $32.7M | $15.9M | $10.1M | — | View 990 |
| 2011 | $34.9M | $34.0M | $16.4M | $9.9M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $29.4M, expenses of $30.1M, and assets of $13.5M (revenue -3.1% year-over-year).
- 2017: Revenue of $30.4M, expenses of $31.4M, and assets of $13.4M (revenue -4.5% year-over-year).
- 2016: Revenue of $31.8M, expenses of $31.3M, and assets of $14.0M (revenue +0.1% year-over-year).
- 2015: Revenue of $31.8M, expenses of $32.0M, and assets of $13.4M (revenue -0.4% year-over-year).
- 2014: Revenue of $31.9M, expenses of $31.4M, and assets of $15.1M (revenue +4.5% year-over-year).
- 2013: Revenue of $30.5M, expenses of $30.9M, and assets of $15.4M (revenue -4.5% year-over-year).
- 2012: Revenue of $31.9M, expenses of $32.7M, and assets of $15.9M (revenue -8.4% year-over-year).
- 2011: Revenue of $34.9M, expenses of $34.0M, and assets of $16.4M.
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.