Nysarc Inc

Nysarc Inc shows consistent revenue growth and asset accumulation with no reported officer compensation in available summaries.

EIN: 161124314 · Waterloo, NY · Updated: 2026-03-28

$42.0MRevenue

$33.4MAssets

75/100Mission Score (Good)

About Nysarc Inc

Nysarc Inc (EIN: 161124314) is a nonprofit organization based in Waterloo, NY. The organization reported total revenue of $42.0M and total assets of $33.4M 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 health with revenues generally exceeding expenses, leading to steady asset growth. For example, in 2023, revenue was $34,257,597 against expenses of $34,218,275, resulting in a surplus. The organization's assets have grown significantly over the past decade, from $15,653,780 in 2014 to $22,464,698 in 2023, indicating sound financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this specific field, which warrants further investigation.

While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a stable operation. The organization consistently manages to cover its expenses, often with a slight surplus, which is a positive indicator for long-term sustainability. The growth in assets, alongside manageable liabilities (e.g., $7,984,690 in liabilities against $22,464,698 in assets in 2023), points to a healthy balance sheet.

However, without detailed expense breakdowns, it's challenging to fully assess spending efficiency. The absence of reported officer compensation in the provided data is a notable point for transparency; while it could indicate no compensation, it might also mean it's categorized differently or not captured in this specific summary field. Further scrutiny of the full 990 forms would be necessary to confirm the true nature of executive compensation and detailed spending ratios.

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.

Executive Compensation Analysis

The provided IRS 990 data consistently reports 0% officer compensation across all available filings, which is unusual for an organization of this size with latest revenue of $41,953,807. This either indicates that no officers receive compensation, or that compensation is reported under a different category not captured in this summary field, warranting further investigation into 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:

Unusually low or 0% reported officer compensation for a large organization, which may indicate incomplete summary data or alternative compensation structures not immediately apparent.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering a full assessment of spending efficiency.

Strengths

The following positive indicators were identified for Nysarc Inc:

Consistent revenue growth over the past decade, from $25,123,266 in 2014 to $34,257,597 in 2023.
Healthy asset growth, increasing from $15,653,780 in 2014 to $22,464,698 in 2023, indicating strong financial management.
Revenues generally exceed expenses, leading to consistent surpluses (e.g., $34,257,597 revenue vs. $34,218,275 expenses in 2023), demonstrating financial stability.

Frequently Asked Questions about Nysarc Inc

How does Nysarc Inc manage to report 0% officer compensation given its size?

The consistent reporting of 0% officer compensation in the provided summary data for an organization with revenues exceeding $30 million (e.g., $34,257,597 in 2023) is highly unusual. It suggests either that executive roles are entirely volunteer-based, or that compensation for key personnel is categorized differently within the full IRS 990 form and not reflected in the 'Officer Comp' summary field. A review of the full 990, specifically Part VII, Section A, would clarify this.

What are the specific program areas Nysarc Inc focuses on?

The provided data does not specify the program areas of Nysarc Inc. To understand its mission and impact, one would need to consult the organization's website or the full IRS 990 form, specifically Part III, Statement of Program Service Accomplishments.

What is the detailed breakdown of Nysarc Inc's expenses?

The summary data provides total expenses (e.g., $34,218,275 in 2023) but does not break them down into program, administrative, and fundraising categories. A detailed breakdown would require reviewing the full IRS 990, specifically Part IX, Statement of Functional Expenses.

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 25.2%, moving from $27.4M to $34.3M. Total assets increased by 26.9% over the same period, from $17.7M to $22.5M. Total functional expenses rose by 20.8%, from $28.3M to $34.2M. In its most recent filing year (2023), Nysarc Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $22.5M in assets (debt-to-asset ratio: 35.5%), resulting in net assets of $14.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$34.3M	$34.2M	$22.5M	$8.0M	—	—
2022	$35.5M	$34.0M	$22.1M	$8.0M	—	—
2021	$28.9M	$28.8M	$24.1M	$11.2M	—	View 990
2020	$28.9M	$26.0M	$22.2M	$9.5M	—	View 990
2019	$24.7M	$24.2M	$15.0M	$7.9M	—	View 990
2018	$26.9M	$26.0M	$13.2M	$6.8M	—	View 990
2017	$25.8M	$25.5M	$12.8M	$7.1M	—	—
2016	$26.7M	$26.4M	$13.4M	$7.8M	—	View 990
2015	$26.1M	$26.3M	$14.4M	$9.1M	—	View 990
2014	$25.1M	$25.4M	$15.7M	$10.4M	—	View 990
2013	$26.2M	$26.0M	$15.9M	$10.3M	—	View 990
2012	$27.4M	$28.0M	$16.4M	$11.2M	—	View 990
2011	$27.4M	$28.3M	$17.7M	$11.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $34.3M, expenses of $34.2M, and assets of $22.5M (revenue -3.5% year-over-year).
2022: Revenue of $35.5M, expenses of $34.0M, and assets of $22.1M (revenue +22.9% year-over-year).
2021: Revenue of $28.9M, expenses of $28.8M, and assets of $24.1M (revenue +0.1% year-over-year).
2020: Revenue of $28.9M, expenses of $26.0M, and assets of $22.2M (revenue +16.9% year-over-year).
2019: Revenue of $24.7M, expenses of $24.2M, and assets of $15.0M (revenue -8.1% year-over-year).
2018: Revenue of $26.9M, expenses of $26.0M, and assets of $13.2M (revenue +4.3% year-over-year).
2017: Revenue of $25.8M, expenses of $25.5M, and assets of $12.8M (revenue -3.3% year-over-year).
2016: Revenue of $26.7M, expenses of $26.4M, and assets of $13.4M (revenue +2.3% year-over-year).
2015: Revenue of $26.1M, expenses of $26.3M, and assets of $14.4M (revenue +3.8% year-over-year).
2014: Revenue of $25.1M, expenses of $25.4M, and assets of $15.7M (revenue -4.0% year-over-year).
2013: Revenue of $26.2M, expenses of $26.0M, and assets of $15.9M (revenue -4.6% year-over-year).
2012: Revenue of $27.4M, expenses of $28.0M, and assets of $16.4M (revenue +0.2% year-over-year).
2011: Revenue of $27.4M, expenses of $28.3M, and assets of $17.7M.

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.