Nysarc Inc
Nysarc Inc consistently generates operational surpluses and has grown assets by over $10 million in the last decade.
EIN: 160968914 · Jamestown, NY · NTEE: P82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100.1M |
| Total Expenses | $67.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $22.8M |
| Transparency Score | 85/100 |
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: 160968914) is a nonprofit organization based in Jamestown, NY, classified under NTEE code P82Z. The organization reported total revenue of $100.1M and total assets of $52.5M 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 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71.3M |
| Total Expenses | $67.5M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $43.4M |
| Total Liabilities | $20.7M |
| Net Assets | $22.8M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 47.6% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Nysarc Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 47.6% (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 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +3.0% | +2.3% |
| 2022 | +10.5% | +10.8% | -9.0% |
| 2021 | +6.1% | +3.3% | -4.5% |
| 2020 | -9.3% | -10.8% | +6.0% |
| 2019 | -0.9% | +4.3% | +45.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.6%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization with annual revenues exceeding $60 million. This suggests that executive compensation may be reported under other expense categories or that the organization relies on a volunteer executive leadership, which would be a significant indicator of efficiency.
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 highly unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent operational surpluses, with revenues generally exceeding expenses across most periods.
- Significant growth in assets, increasing from $31.4 million in 201412 to $43.4 million in 202312.
- Stable financial health indicated by positive net income in most recent filings.
- Strong revenue generation, consistently exceeding $60 million annually in recent years.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 160968914) 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: 160968914). 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 $60 annually. The organization reported $100.1M 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 85/100 (Excellent), Nysarc Inc is above average for NTEE category P82Z 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 Jamestown, New York and files with the IRS under EIN 160968914. It is classified under NTEE code P82Z.
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 $100.1M in total revenue.
How is Nysarc Inc's executive leadership compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings for an organization of Nysarc Inc's size ($71M+ revenue) is highly unusual. This suggests that executive compensation might be categorized under other expense lines, or the organization operates with a volunteer executive leadership, which would be a significant factor in its operational efficiency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To fully assess spending efficiency, a deeper dive into the IRS 990 Part IX Statement of Functional Expenses would be necessary.
What is the organization's strategy for managing its growing assets and liabilities?
Nysarc Inc has seen its assets grow from $31.4 million in 201412 to $43.4 million in 202312, while liabilities have fluctuated. Understanding their asset management strategy and how they plan to manage future liabilities is crucial for long-term financial health.
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 6.4%, moving from $67.0M to $71.3M. Total assets increased by 4.7% over the same period, from $41.5M to $43.4M. Total functional expenses fell by 3.5%, from $70.0M to $67.5M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $20.7M in liabilities against $43.4M in assets (debt-to-asset ratio: 47.6%), resulting in net assets of $22.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71.3M | $67.5M | $43.4M | $20.7M | — | — |
| 2022 | $67.5M | $65.6M | $42.5M | $24.0M | — | — |
| 2021 | $61.1M | $59.2M | $46.7M | $30.4M | — | View 990 |
| 2020 | $57.5M | $57.3M | $48.9M | $34.8M | — | View 990 |
| 2019 | $63.5M | $64.2M | $46.1M | $32.6M | — | View 990 |
| 2018 | $64.0M | $61.5M | $31.6M | $16.5M | — | View 990 |
| 2017 | $64.7M | $64.9M | $31.2M | $18.4M | — | View 990 |
| 2016 | $74.1M | $70.3M | $33.4M | $20.7M | — | View 990 |
| 2015 | $68.7M | $67.0M | $32.0M | $23.2M | — | View 990 |
| 2014 | $60.3M | $64.5M | $31.4M | $24.3M | — | View 990 |
| 2013 | $64.5M | $65.9M | $29.8M | $18.5M | — | View 990 |
| 2012 | $66.2M | $69.3M | $33.7M | $21.3M | — | View 990 |
| 2011 | $67.0M | $70.0M | $41.5M | $26.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71.3M, expenses of $67.5M, and assets of $43.4M (revenue +5.7% year-over-year).
- 2022: Revenue of $67.5M, expenses of $65.6M, and assets of $42.5M (revenue +10.5% year-over-year).
- 2021: Revenue of $61.1M, expenses of $59.2M, and assets of $46.7M (revenue +6.1% year-over-year).
- 2020: Revenue of $57.5M, expenses of $57.3M, and assets of $48.9M (revenue -9.3% year-over-year).
- 2019: Revenue of $63.5M, expenses of $64.2M, and assets of $46.1M (revenue -0.9% year-over-year).
- 2018: Revenue of $64.0M, expenses of $61.5M, and assets of $31.6M (revenue -1.1% year-over-year).
- 2017: Revenue of $64.7M, expenses of $64.9M, and assets of $31.2M (revenue -12.6% year-over-year).
- 2016: Revenue of $74.1M, expenses of $70.3M, and assets of $33.4M (revenue +7.8% year-over-year).
- 2015: Revenue of $68.7M, expenses of $67.0M, and assets of $32.0M (revenue +14.0% year-over-year).
- 2014: Revenue of $60.3M, expenses of $64.5M, and assets of $31.4M (revenue -6.5% year-over-year).
- 2013: Revenue of $64.5M, expenses of $65.9M, and assets of $29.8M (revenue -2.5% year-over-year).
- 2012: Revenue of $66.2M, expenses of $69.3M, and assets of $33.7M (revenue -1.3% year-over-year).
- 2011: Revenue of $67.0M, expenses of $70.0M, and assets of $41.5M.
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.