Nysarc Inc
Nysarc Inc consistently maintains positive operating margins with no reported officer compensation.
EIN: 160795709 · Elmira, 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 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nysarc Inc
Nysarc Inc (EIN: 160795709) is a nonprofit organization based in Elmira, NY, classified under NTEE code P820. The organization reported total revenue of $24.2M 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.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nysarc Inc with a Mission Score of 92 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 reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests a strong volunteer-driven leadership or a different compensation structure not captured as 'officer compensation' in these filings.
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 or 0% reported officer compensation may warrant further investigation into how leadership is compensated or if key personnel are compensated through other means not categorized as 'officer compensation' on the 990.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent positive operating margins across all reported periods.
- Growing revenue base over the past decade.
- Strong asset-to-liability ratio, indicating financial stability.
- No reported officer compensation, suggesting high resource allocation to programs or volunteer leadership.
- Consistent filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 160795709) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Nysarc Inc spend its money?
Nysarc Inc directs 90% 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: 160795709). 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 IRS 990 data, Nysarc Inc appears to be a financially sound and efficient charity. It consistently operates with a surplus, has growing assets, and notably reports 0% officer compensation, suggesting a strong commitment to its mission.
How has Nysarc Inc's revenue trended over time?
Nysarc Inc has shown a consistent upward trend in revenue, growing from $17,331,451 in 2011 to $23,679,629 in 2019, indicating sustained growth and funding.
What is Nysarc Inc's asset-to-liability ratio?
In 2019, Nysarc Inc had assets of $11,255,182 and liabilities of $2,086,908, resulting in a healthy asset-to-liability ratio of approximately 5.39:1, indicating strong financial solvency.
Filing History
IRS 990 filing history for Nysarc Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Nysarc Inc's revenue has grown by 36.6%, moving from $17.3M to $23.7M. Total assets decreased by 1.9% over the same period, from $11.5M to $11.3M. Total functional expenses rose by 33.6%, from $17.3M to $23.1M. In its most recent filing year (2019), Nysarc Inc reported a surplus of $549K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $11.3M in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $23.7M | $23.1M | $11.3M | $2.1M | — | View 990 |
| 2018 | $23.7M | $23.3M | $10.5M | $2.2M | — | View 990 |
| 2017 | $23.0M | $22.8M | $10.6M | $2.5M | — | View 990 |
| 2016 | $21.5M | $20.7M | $10.7M | $2.9M | — | View 990 |
| 2015 | $19.7M | $19.6M | $10.3M | $3.3M | — | View 990 |
| 2014 | $18.6M | $18.5M | $12.3M | $5.4M | — | View 990 |
| 2013 | $17.9M | $17.8M | $11.6M | $4.8M | — | View 990 |
| 2012 | $17.6M | $17.3M | $11.5M | $4.9M | — | View 990 |
| 2011 | $17.3M | $17.3M | $11.5M | $5.3M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $23.7M, expenses of $23.1M, and assets of $11.3M (revenue +-0.0% year-over-year).
- 2018: Revenue of $23.7M, expenses of $23.3M, and assets of $10.5M (revenue +2.8% year-over-year).
- 2017: Revenue of $23.0M, expenses of $22.8M, and assets of $10.6M (revenue +7.3% year-over-year).
- 2016: Revenue of $21.5M, expenses of $20.7M, and assets of $10.7M (revenue +8.9% year-over-year).
- 2015: Revenue of $19.7M, expenses of $19.6M, and assets of $10.3M (revenue +6.1% year-over-year).
- 2014: Revenue of $18.6M, expenses of $18.5M, and assets of $12.3M (revenue +4.1% year-over-year).
- 2013: Revenue of $17.9M, expenses of $17.8M, and assets of $11.6M (revenue +1.3% year-over-year).
- 2012: Revenue of $17.6M, expenses of $17.3M, and assets of $11.5M (revenue +1.7% year-over-year).
- 2011: Revenue of $17.3M, expenses of $17.3M, and assets of $11.5M.
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.