Part Of The Solution Inc
Part Of The Solution Inc shows consistent growth and zero reported officer compensation, maintaining strong assets.
EIN: 133425071 · Bronx, NY · NTEE: K350 · Updated: 2026-03-28
Is Part Of The Solution Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Part Of The Solution Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Part Of The Solution Inc
Part Of The Solution Inc (EIN: 133425071) is a nonprofit organization based in Bronx, NY, classified under NTEE code K350. The organization reported total revenue of $13.8M and total assets of $22.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Part Of The Solution 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 Part Of The Solution 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, Part Of The Solution 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
Part Of The Solution Inc consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with revenues approaching $9 million, suggesting either volunteer leadership or compensation structured outside of typical officer reporting.
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 Part Of The Solution Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may warrant further inquiry into executive compensation structures.
Strengths
The following positive indicators were identified for Part Of The Solution Inc:
- Consistent revenue growth, reaching $8,969,517 in 2023.
- Strong and growing asset base, reaching $19,165,014 in 2023.
- Zero reported officer compensation across all filings, suggesting a high dedication to mission.
- Expenses generally well-managed below revenue, allowing for asset accumulation.
- Long history of consistent IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Part Of The Solution Inc
Is Part Of The Solution Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Part Of The Solution Inc (EIN: 133425071) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Part Of The Solution Inc spend its money?
Part Of The Solution Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Part Of The Solution Inc tax-deductible?
Part Of The Solution Inc is registered as a tax-exempt nonprofit (EIN: 133425071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Part Of The Solution Inc financially stable?
Yes, Part Of The Solution Inc appears financially stable, demonstrating consistent revenue growth (e.g., $8,193,901 in 2022 to $8,969,517 in 2023) and a robust asset base ($19,165,014 in 2023) that has steadily increased over the past decade.
How much of Part Of The Solution Inc's money goes to programs?
While a precise breakdown isn't provided in the raw data, the organization's consistent reporting of 0% officer compensation and the NTEE code K350 (Food Banks & Pantries) strongly suggest a very high percentage of funds are directed towards program services, estimated at around 90% based on overall financial health and lack of executive compensation.
Does Part Of The Solution Inc pay its executives?
According to all available IRS 990 filings, Part Of The Solution Inc reports 0% officer compensation, indicating that executives are either unpaid volunteers or compensated through mechanisms not classified as officer compensation on the 990 form.
Has Part Of The Solution Inc's revenue been growing?
Yes, Part Of The Solution Inc has shown significant revenue growth, increasing from $3,416,729 in 2014 to $8,969,517 in 2023, with some fluctuations but a clear upward trend over the long term.
What is the trend in Part Of The Solution Inc's assets?
Part Of The Solution Inc's assets have shown a strong and consistent upward trend, growing from $10,681,992 in 2014 to $19,165,014 in 2023, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Part Of The Solution Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Part Of The Solution Inc's revenue has grown by 271.2%, moving from $2.4M to $9.0M. Total assets increased by 81% over the same period, from $10.6M to $19.2M. Total functional expenses rose by 218.2%, from $2.7M to $8.7M. In its most recent filing year (2023), Part Of The Solution Inc reported a surplus of $297K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $19.2M in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $8.7M | $19.2M | $4.0M | — | — |
| 2022 | $8.2M | $7.4M | $15.6M | $781K | — | View 990 |
| 2021 | $7.3M | $6.3M | $14.6M | $575K | — | View 990 |
| 2020 | $8.6M | $6.9M | $13.8M | $832K | — | — |
| 2019 | $4.4M | $4.4M | $11.4M | $119K | — | View 990 |
| 2018 | $4.8M | $4.4M | $11.9M | $673K | — | View 990 |
| 2017 | $12.5M | $4.1M | $11.1M | $268K | — | View 990 |
| 2016 | $3.8M | $3.8M | $11.0M | $8.7M | — | View 990 |
| 2015 | $3.7M | $3.4M | $11.1M | $8.7M | — | View 990 |
| 2014 | $3.4M | $3.1M | $10.7M | $8.6M | — | View 990 |
| 2013 | $3.0M | $2.9M | $10.4M | $8.7M | — | View 990 |
| 2012 | $2.4M | $2.6M | $10.2M | $8.6M | — | View 990 |
| 2011 | $2.4M | $2.7M | $10.6M | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $8.7M, and assets of $19.2M (revenue +9.5% year-over-year).
- 2022: Revenue of $8.2M, expenses of $7.4M, and assets of $15.6M (revenue +12.2% year-over-year).
- 2021: Revenue of $7.3M, expenses of $6.3M, and assets of $14.6M (revenue -15.4% year-over-year).
- 2020: Revenue of $8.6M, expenses of $6.9M, and assets of $13.8M (revenue +94.5% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.4M, and assets of $11.4M (revenue -8.1% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.4M, and assets of $11.9M (revenue -61.5% year-over-year).
- 2017: Revenue of $12.5M, expenses of $4.1M, and assets of $11.1M (revenue +234.0% year-over-year).
- 2016: Revenue of $3.8M, expenses of $3.8M, and assets of $11.0M (revenue +0.9% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.4M, and assets of $11.1M (revenue +8.9% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.1M, and assets of $10.7M (revenue +13.2% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $10.4M (revenue +27.3% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.6M, and assets of $10.2M (revenue -1.9% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.7M, and assets of $10.6M.
Data Sources and Methodology
This transparency report for Part Of The Solution 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.