Parks & Trails New York Inc

Parks & Trails New York Inc shows consistent revenue growth and zero reported officer compensation over the past decade.

EIN: 141753475 · Albany, NY · NTEE: N320 · Updated: 2026-03-28

$4.9MRevenue
$4.7MGross Revenue
$1.4MAssets
90/100Mission Score (Excellent)
N320
Parks & Trails New York Inc Financial Summary
MetricValue
Total Revenue$4.9M
Total Expenses$2.2M
Program Spending85%
CEO/Top Officer Pay$2
Net Assets$1.3M
Transparency Score90/100

Is Parks & Trails New York Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Parks & Trails New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Parks & Trails New York Inc

Parks & Trails New York Inc (EIN: 141753475) is a nonprofit organization based in Albany, NY, classified under NTEE code N320. The organization reported total revenue of $4.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parks & Trails New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

30Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Parks & Trails New York Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$2.2M
Surplus / Deficit+$19K
Total Assets$2.8M
Total Liabilities$1.5M
Net Assets$1.3M
Operating Margin0.8%
Debt-to-Asset Ratio54.5%
Months of Reserves15.4 months

Financial Health Grade: A

In 2023, Parks & Trails New York Inc reported a surplus of $19K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 54.5% (high leverage).

Financial Trends

Over 14 years of filings (2011–2023), Parks & Trails New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-39.5%-37.1%-32.5%
2023+71.9%+76.4%+74.4%
2022+31.2%+9.6%+30.7%
2021+7.3%+26.5%+43.4%
2020-28.4%-27.2%-28.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1996

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Parks & Trails New York Inc demonstrates a generally healthy financial position with consistent revenue generation and responsible spending. Over the past several years, the organization has shown growth in both revenue and assets, indicating effective fundraising and asset management. For instance, revenue increased from $978,835 in 2015 to $2,192,007 in 2023, with assets growing from $1,187,870 to $2,784,881 in the same period. The organization consistently spends close to its revenue, suggesting that funds are being actively deployed towards its mission rather than accumulating excessive reserves. The organization's transparency is commendable, particularly with its consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for donor confidence. While specific program spending ratios are not provided in the raw data, the overall financial health and lack of reported officer compensation suggest a well-managed and transparent operation. The organization's liabilities have fluctuated, reaching a high of $2,900,831 in 202306, but this appears to be managed within the context of growing assets.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Parks & Trails New York Inc with a Mission Score of 90 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, Parks & Trails New York 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:

$2.2MTotal Revenue
$2.2MTotal Expenses
$2.8MTotal Assets
$1.5MTotal Liabilities
$1.3MNet Assets
  • The organization reported a surplus of $19K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 54.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with revenues exceeding $2 million. This suggests either a fully volunteer executive leadership or that compensation is structured in a way that is not reported under 'officer compensation,' which warrants further investigation for complete transparency.

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 Parks & Trails New York Inc's IRS 990 filings:

  • Consistent 0% officer compensation may indicate a reporting anomaly or a highly unusual compensation structure that could benefit from further clarification.

Strengths

The following positive indicators were identified for Parks & Trails New York Inc:

  • Consistent revenue growth over the past decade, from $978,835 in 2015 to $2,192,007 in 2023.
  • Expenses consistently close to revenue, indicating active deployment of funds towards mission.
  • Strong asset growth, from $1,187,870 in 2015 to $2,784,881 in 2023.
  • Zero reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.

Frequently Asked Questions about Parks & Trails New York Inc

Is Parks & Trails New York Inc a legitimate charity?

Parks & Trails New York Inc (EIN: 141753475) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Parks & Trails New York Inc spend its money?

Parks & Trails New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Parks & Trails New York Inc tax-deductible?

Parks & Trails New York Inc is registered as a tax-exempt nonprofit (EIN: 141753475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Parks & Trails New York Inc CEO make?

Parks & Trails New York Inc's highest-compensated officer earns $2 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Parks & Trails New York Inc's spending goes to programs?

Parks & Trails New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Parks & Trails New York Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Parks & Trails New York Inc is above average for NTEE category N320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Parks & Trails New York Inc located?

Parks & Trails New York Inc is headquartered in Albany, New York and files with the IRS under EIN 141753475. It is classified under NTEE code N320.

How many years of IRS 990 filings does Parks & Trails New York Inc have?

Parks & Trails New York Inc has 14 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 $4.9M in total revenue.

Is Parks & Trails New York Inc a good charity?

Based on the available financial data, Parks & Trails New York Inc appears to be a good charity. It demonstrates consistent revenue growth, responsible spending (expenses are close to revenue), and a strong commitment to transparency with 0% reported officer compensation.

How has the organization's financial health changed over time?

The organization has shown significant financial growth. Revenue increased from $978,835 in 2015 to $2,192,007 in 2023, and assets grew from $1,187,870 to $2,784,881 in the same period, indicating a positive trend in financial health.

What is the organization's approach to executive compensation?

Parks & Trails New York Inc consistently reports 0% officer compensation in its IRS 990 filings. This suggests either a volunteer-led executive team or that executive compensation is categorized differently, which is a notable aspect of its financial reporting.

Filing History

IRS 990 filing history for Parks & Trails New York Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Parks & Trails New York Inc's revenue has grown by 92.6%, moving from $1.1M to $2.2M. Total assets increased by 189.3% over the same period, from $963K to $2.8M. Total functional expenses rose by 94.1%, from $1.1M to $2.2M. In its most recent filing year (2023), Parks & Trails New York Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.8M in assets (debt-to-asset ratio: 54.5%), resulting in net assets of $1.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $2.2M $2.8M $1.5M
2023 $3.6M $3.5M $4.1M $2.9M
2022 $2.1M $2.0M $2.4M $1.3M View 990
2021 $1.6M $1.8M $1.8M $684K View 990
2020 $1.5M $1.4M $1.3M $177K View 990
2019 $2.1M $1.9M $1.8M $324K View 990
2018 $1.7M $1.6M $1.4M $75K View 990
2017 $1.4M $1.4M $1.3M $78K View 990
2016 $1.1M $1.0M $1.5M $306K View 990
2015 $979K $913K $1.2M $75K View 990
2014 $932K $902K $1.1M $60K View 990
2013 $1.3M $1.2M $1.1M $28K View 990
2012 $1.3M $1.2M $1.0M $62K View 990
2011 $1.1M $1.1M $963K $67K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $2.8M (revenue -39.5% year-over-year).
  • 2023: Revenue of $3.6M, expenses of $3.5M, and assets of $4.1M (revenue +71.9% year-over-year).
  • 2022: Revenue of $2.1M, expenses of $2.0M, and assets of $2.4M (revenue +31.2% year-over-year).
  • 2021: Revenue of $1.6M, expenses of $1.8M, and assets of $1.8M (revenue +7.3% year-over-year).
  • 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.3M (revenue -28.4% year-over-year).
  • 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $1.8M (revenue +23.0% year-over-year).
  • 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $1.4M (revenue +17.9% year-over-year).
  • 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue +29.7% year-over-year).
  • 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.5M (revenue +13.6% year-over-year).
  • 2015: Revenue of $979K, expenses of $913K, and assets of $1.2M (revenue +5.1% year-over-year).
  • 2014: Revenue of $932K, expenses of $902K, and assets of $1.1M (revenue -26.6% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue -0.8% year-over-year).
  • 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.0M (revenue +12.5% year-over-year).
  • 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $963K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Parks & Trails New York Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Parks & Trails New York 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.

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