Nysarc Inc
Nysarc Inc consistently maintains positive net income and growing assets over the past decade.
EIN: 160769044 · Williamsville, 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: 160769044) is a nonprofit organization based in Williamsville, NY, classified under NTEE code P820. The organization reported total revenue of $67.2M and total assets of $44.0M 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.
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.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, which is unusual for an organization of Nysarc Inc's size (latest revenue $67,189,312). This suggests either a volunteer leadership or that executive compensation is categorized differently within the expense structure, requiring deeper scrutiny of the full 990 forms.
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:
- 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent positive net income across most filing periods, indicating financial sustainability (e.g., $2,031,394 in 2023).
- Steady growth in assets over the past decade, from $20,898,837 in 2014 to $33,584,028 in 2023, demonstrating financial health and capacity.
- Manageable liabilities relative to assets, indicating a strong balance sheet.
- Clear mission focus as 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: 160769044) some concerns. Mission Score: 85/100. 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: 160769044). 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, controlled expenses, and growing assets. Its NTEE code P820 indicates a focus on developmental disabilities, aligning with a clear charitable mission. The absence of reported officer compensation is a point for further inquiry but doesn't inherently detract from its charitable status.
How has Nysarc Inc's financial health changed over the last decade?
Nysarc Inc has shown consistent financial growth and stability over the last decade. Revenue has increased from $43,625,155 in 2014 to $55,920,464 in 2023 (and latest reported revenue of $67,189,312). Assets have also steadily grown from $20,898,837 in 2014 to $33,584,028 in 2023, while liabilities have remained manageable, indicating strong financial management.
What is Nysarc Inc's program efficiency?
While specific program spending ratios are not detailed in the summary, the consistent positive net income (e.g., $2,031,394 in 2023) and asset growth suggest that the organization is effectively managing its resources to achieve its mission. A deeper dive into the full 990 would be needed to calculate precise program efficiency ratios.
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 29.4%, moving from $43.2M to $55.9M. Total assets increased by 80.7% over the same period, from $18.6M to $33.6M. Total functional expenses rose by 25.9%, from $42.8M to $53.9M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $8.9M in liabilities against $33.6M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $24.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $55.9M | $53.9M | $33.6M | $8.9M | — | — |
| 2022 | $57.7M | $56.0M | $32.1M | $10.0M | — | View 990 |
| 2021 | $48.3M | $47.3M | $33.4M | $12.8M | — | View 990 |
| 2020 | $46.1M | $45.5M | $31.9M | $12.4M | — | — |
| 2019 | $48.0M | $47.0M | $29.3M | $10.6M | — | View 990 |
| 2018 | $49.6M | $47.0M | $26.2M | $8.9M | — | View 990 |
| 2017 | $46.6M | $46.4M | $22.1M | $7.4M | — | View 990 |
| 2016 | $45.6M | $44.8M | $22.6M | $8.2M | — | View 990 |
| 2015 | $45.3M | $43.6M | $21.5M | $8.1M | — | View 990 |
| 2014 | $43.6M | $43.3M | $20.9M | $9.3M | — | View 990 |
| 2013 | $42.6M | $42.3M | $20.1M | $9.4M | — | View 990 |
| 2012 | $42.1M | $42.5M | $17.3M | $8.7M | — | View 990 |
| 2011 | $43.2M | $42.8M | $18.6M | $9.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55.9M, expenses of $53.9M, and assets of $33.6M (revenue -3.1% year-over-year).
- 2022: Revenue of $57.7M, expenses of $56.0M, and assets of $32.1M (revenue +19.4% year-over-year).
- 2021: Revenue of $48.3M, expenses of $47.3M, and assets of $33.4M (revenue +4.8% year-over-year).
- 2020: Revenue of $46.1M, expenses of $45.5M, and assets of $31.9M (revenue -3.9% year-over-year).
- 2019: Revenue of $48.0M, expenses of $47.0M, and assets of $29.3M (revenue -3.3% year-over-year).
- 2018: Revenue of $49.6M, expenses of $47.0M, and assets of $26.2M (revenue +6.4% year-over-year).
- 2017: Revenue of $46.6M, expenses of $46.4M, and assets of $22.1M (revenue +2.3% year-over-year).
- 2016: Revenue of $45.6M, expenses of $44.8M, and assets of $22.6M (revenue +0.6% year-over-year).
- 2015: Revenue of $45.3M, expenses of $43.6M, and assets of $21.5M (revenue +3.9% year-over-year).
- 2014: Revenue of $43.6M, expenses of $43.3M, and assets of $20.9M (revenue +2.5% year-over-year).
- 2013: Revenue of $42.6M, expenses of $42.3M, and assets of $20.1M (revenue +1.2% year-over-year).
- 2012: Revenue of $42.1M, expenses of $42.5M, and assets of $17.3M (revenue -2.7% year-over-year).
- 2011: Revenue of $43.2M, expenses of $42.8M, and assets of $18.6M.
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.