Nysarc Inc
Nysarc Inc consistently operates near break-even with stable assets and no reported officer compensation.
EIN: 160976343 · Walton, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.9M |
| Total Expenses | $12.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14,918,408 |
| Net Assets | $14.7M |
| 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 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nysarc Inc
Nysarc Inc (EIN: 160976343) is a nonprofit organization based in Walton, NY, classified under NTEE code P820. The organization reported total revenue of $14.9M and total assets of $16.0M 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.
Organization Overview
Nysarc Inc is a large 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 -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.2M |
| Total Expenses | $12.2M |
| Surplus / Deficit | $-22,487 |
| Total Assets | $15.4M |
| Total Liabilities | $665K |
| Net Assets | $14.7M |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 15.2 months |
Financial Health Grade: B
In 2023, Nysarc Inc reported a deficit of $22K with expenses exceeding revenue, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nysarc Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | -8.2% | +1.5% |
| 2022 | +17.7% | +24.4% | -6.8% |
| 2021 | -0.6% | -3.3% | -1.9% |
| 2020 | -7.4% | -5.9% | -1.6% |
| 2019 | +0.8% | +4.2% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 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: 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 deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of Nysarc Inc's size (latest revenue $14,918,408) and suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the IRS 990, requiring deeper scrutiny of the full filing.
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 into the full 990 for clarity on executive remuneration.
Strengths
The following positive indicators were identified for Nysarc Inc:
- Consistent financial stability with revenues closely matching expenses over a decade.
- Healthy and stable asset base, consistently above $15 million, providing financial security.
- Low liabilities relative to assets, indicating strong solvency.
- No reported officer compensation, potentially indicating high efficiency or volunteer leadership.
Frequently Asked Questions about Nysarc Inc
Is Nysarc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nysarc Inc (EIN: 160976343) some concerns. Mission Score: 75/100. 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: 160976343). 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 $14,918,408 annually. The organization reported $14.9M 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 75/100 (Good), Nysarc Inc is above average for NTEE category P820 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 Walton, New York and files with the IRS under EIN 160976343. It is classified under NTEE code P820.
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 $14.9M in total revenue.
Is Nysarc Inc a good charity?
Based on the provided data, Nysarc Inc appears to be a stable organization with consistent operations and a healthy asset base. The lack of reported officer compensation is a unique characteristic that could be viewed positively for efficiency, but also warrants further investigation into how leadership is compensated or structured.
How does Nysarc Inc manage its expenses relative to its revenue?
Nysarc Inc consistently manages its expenses very close to its revenue. For example, in 2023, expenses ($12,189,913) were only slightly higher than revenue ($12,167,426), indicating a tight operational budget and a focus on utilizing most incoming funds for current operations rather than accumulating large surpluses.
What is the trend in Nysarc Inc's assets and liabilities?
Nysarc Inc has maintained a strong and stable asset base, generally above $15 million, peaking at $16,854,883 in 2019. Liabilities have remained relatively low compared to assets, typically under $2 million, indicating good financial solvency. In 2023, assets were $15,389,807 and liabilities were $665,376.
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 declined by 4.5%, moving from $12.7M to $12.2M. Total assets increased by 0.8% over the same period, from $15.3M to $15.4M. Total functional expenses rose by 3.9%, from $11.7M to $12.2M. In its most recent filing year (2023), Nysarc Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $665K in liabilities against $15.4M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $14.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.2M | $12.2M | $15.4M | $665K | — | — |
| 2022 | $12.5M | $13.3M | $15.2M | $1.1M | — | View 990 |
| 2021 | $10.6M | $10.7M | $16.3M | $641K | — | View 990 |
| 2020 | $10.7M | $11.0M | $16.6M | $902K | — | View 990 |
| 2019 | $11.5M | $11.7M | $16.9M | $1.3M | — | View 990 |
| 2018 | $11.5M | $11.3M | $16.4M | $1.3M | — | View 990 |
| 2017 | $11.3M | $11.2M | $16.5M | $1.5M | — | View 990 |
| 2016 | $11.7M | $11.9M | $16.3M | $1.7M | — | View 990 |
| 2015 | $12.2M | $12.0M | $16.3M | $1.6M | — | View 990 |
| 2014 | $12.4M | $12.5M | $16.4M | $1.8M | — | View 990 |
| 2013 | $12.5M | $11.7M | $16.7M | $2.2M | — | View 990 |
| 2012 | $12.6M | $12.0M | $15.8M | $2.5M | — | View 990 |
| 2011 | $12.7M | $11.7M | $15.3M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.2M, expenses of $12.2M, and assets of $15.4M (revenue -2.7% year-over-year).
- 2022: Revenue of $12.5M, expenses of $13.3M, and assets of $15.2M (revenue +17.7% year-over-year).
- 2021: Revenue of $10.6M, expenses of $10.7M, and assets of $16.3M (revenue -0.6% year-over-year).
- 2020: Revenue of $10.7M, expenses of $11.0M, and assets of $16.6M (revenue -7.4% year-over-year).
- 2019: Revenue of $11.5M, expenses of $11.7M, and assets of $16.9M (revenue +0.8% year-over-year).
- 2018: Revenue of $11.5M, expenses of $11.3M, and assets of $16.4M (revenue +1.7% year-over-year).
- 2017: Revenue of $11.3M, expenses of $11.2M, and assets of $16.5M (revenue -4.1% year-over-year).
- 2016: Revenue of $11.7M, expenses of $11.9M, and assets of $16.3M (revenue -3.6% year-over-year).
- 2015: Revenue of $12.2M, expenses of $12.0M, and assets of $16.3M (revenue -1.8% year-over-year).
- 2014: Revenue of $12.4M, expenses of $12.5M, and assets of $16.4M (revenue -0.8% year-over-year).
- 2013: Revenue of $12.5M, expenses of $11.7M, and assets of $16.7M (revenue -0.6% year-over-year).
- 2012: Revenue of $12.6M, expenses of $12.0M, and assets of $15.8M (revenue -1.3% year-over-year).
- 2011: Revenue of $12.7M, expenses of $11.7M, and assets of $15.3M.
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.