Nysarc Inc

Nysarc Inc consistently deploys nearly all revenue to expenses with zero reported officer compensation.

EIN: 141463735 · Plattsburgh, NY · NTEE: J300 · Updated: 2026-03-28

$40.9MRevenue

$20.6MAssets

90/100Mission Score (Excellent)

J300

About Nysarc Inc

Nysarc Inc (EIN: 141463735) is a nonprofit organization based in Plattsburgh, NY, classified under NTEE code J300. The organization reported total revenue of $40.9M and total assets of $20.6M 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

Nysarc Inc demonstrates consistent financial operations, with revenues generally tracking expenses closely over the past decade. For instance, in 2023, the organization reported revenues of $39,016,624 against expenses of $40,029,961, indicating a slight deficit. This trend of near break-even operations is common for many non-profits, suggesting that funds are being actively deployed towards their mission rather than accumulating large surpluses. The organization's assets have shown steady growth, from $15,152,279 in 2014 to $17,920,724 in 2023, providing a stable financial base.

Spending efficiency appears to be a strong point, as indicated by the consistent deployment of nearly all revenue towards expenses. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall expenditure patterns suggest a focus on operational delivery. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive enrichment. This practice enhances public trust and suggests a volunteer or very low-paid leadership structure, or that compensation is reported under other categories not specified in the 'Officer Comp' field.

Overall, Nysarc Inc appears to be a financially stable and transparent organization. Its consistent revenue and expense patterns, coupled with growing assets and zero reported officer compensation, paint a picture of a well-managed entity focused on its mission. The slight deficits in some years are not alarming given the overall financial health and asset growth, suggesting strategic deployment of resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nysarc Inc with a Mission Score of 90 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Nysarc Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Nysarc Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size (latest revenue $40,852,386). This suggests either a fully volunteer leadership, compensation reported under other expense categories, or a highly efficient and mission-driven approach to 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 a large organization, which may warrant further investigation into how leadership is compensated if not through direct officer pay.

Strengths

The following positive indicators were identified for Nysarc Inc:

Consistent revenue growth over the past decade, from $24.7M in 2014 to $39.0M in 2023.
Steady growth in assets, from $15.1M in 2014 to $17.9M in 2023, indicating financial stability.
Zero reported officer compensation across all filings, suggesting a strong commitment to mission-focused spending.
Expenses closely track revenue, indicating efficient deployment of funds towards organizational activities.

Frequently Asked Questions about Nysarc Inc

Is Nysarc Inc financially stable?

Yes, Nysarc Inc appears financially stable. While expenses sometimes slightly exceed revenue (e.g., 2023: Revenue $39M, Expenses $40M), its assets have grown consistently from $15.1M in 2014 to $17.9M in 2023, indicating a solid financial foundation.

How does Nysarc Inc manage executive compensation?

Nysarc Inc consistently reports 0% officer compensation in its IRS 990 filings. This is a notable practice for an organization of its scale, suggesting a strong commitment to directing funds towards its programs rather than executive salaries, or that executive compensation is categorized differently.

Has Nysarc Inc's revenue been growing?

Yes, Nysarc Inc has shown consistent revenue growth over the past decade, increasing from $24.7M in 2014 to $39.0M in 2023, demonstrating expanding operations and support.

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 55.5%, moving from $25.1M to $39.0M. Total assets increased by 32.8% over the same period, from $13.5M to $17.9M. Total functional expenses rose by 66.8%, from $24.0M to $40.0M. In its most recent filing year (2023), Nysarc Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $7.3M in liabilities against $17.9M in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $10.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$39.0M	$40.0M	$17.9M	$7.3M	—	—
2022	$42.1M	$41.9M	$18.9M	$7.6M	—	View 990
2021	$35.7M	$34.7M	$17.6M	$5.9M	—	View 990
2020	$34.0M	$34.3M	$16.8M	$6.2M	—	View 990
2019	$34.2M	$33.9M	$17.6M	$6.7M	—	View 990
2018	$32.6M	$31.9M	$16.8M	$6.5M	—	View 990
2017	$29.6M	$29.3M	$15.9M	$6.0M	—	View 990
2016	$27.3M	$27.6M	$15.1M	$5.6M	—	View 990
2015	$26.4M	$26.7M	$14.5M	$4.7M	—	View 990
2014	$24.8M	$24.6M	$15.2M	$4.9M	—	View 990
2013	$24.7M	$24.3M	$14.9M	$4.7M	—	View 990
2012	$24.8M	$24.6M	$14.2M	$4.5M	—	View 990
2011	$25.1M	$24.0M	$13.5M	$4.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $39.0M, expenses of $40.0M, and assets of $17.9M (revenue -7.4% year-over-year).
2022: Revenue of $42.1M, expenses of $41.9M, and assets of $18.9M (revenue +17.9% year-over-year).
2021: Revenue of $35.7M, expenses of $34.7M, and assets of $17.6M (revenue +5.2% year-over-year).
2020: Revenue of $34.0M, expenses of $34.3M, and assets of $16.8M (revenue -0.6% year-over-year).
2019: Revenue of $34.2M, expenses of $33.9M, and assets of $17.6M (revenue +4.7% year-over-year).
2018: Revenue of $32.6M, expenses of $31.9M, and assets of $16.8M (revenue +10.2% year-over-year).
2017: Revenue of $29.6M, expenses of $29.3M, and assets of $15.9M (revenue +8.5% year-over-year).
2016: Revenue of $27.3M, expenses of $27.6M, and assets of $15.1M (revenue +3.5% year-over-year).
2015: Revenue of $26.4M, expenses of $26.7M, and assets of $14.5M (revenue +6.4% year-over-year).
2014: Revenue of $24.8M, expenses of $24.6M, and assets of $15.2M (revenue +0.3% year-over-year).
2013: Revenue of $24.7M, expenses of $24.3M, and assets of $14.9M (revenue -0.5% year-over-year).
2012: Revenue of $24.8M, expenses of $24.6M, and assets of $14.2M (revenue -1.1% year-over-year).
2011: Revenue of $25.1M, expenses of $24.0M, and assets of $13.5M.

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.