Partnership For After School Education Inc
Partnership For After School Education shows asset growth and no reported officer compensation, despite recent operating deficit.
EIN: 133976066 · New York, NY · NTEE: B900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Partnership For After School Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Partnership For After School Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Partnership For After School Education Inc
Partnership For After School Education Inc (EIN: 133976066) is a nonprofit organization based in New York, NY, classified under NTEE code B900. The organization reported total revenue of $2.4M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partnership For After School Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Partnership For After School Education Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-238,296 |
| Total Assets | $3.1M |
| Total Liabilities | $1.8M |
| Net Assets | $1.3M |
| Operating Margin | -12.0% |
| Debt-to-Asset Ratio | 58.6% |
| Months of Reserves | 16.6 months |
Financial Health Grade: C
In 2023, Partnership For After School Education Inc reported a deficit of $238K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 58.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Partnership For After School Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.3% | +17.6% | +76.6% |
| 2022 | +51.4% | +17.4% | +92.4% |
| 2021 | +13.8% | -11.2% | +41.1% |
| 2020 | +12.0% | +2.3% | -0.2% |
| 2019 | -28.0% | +4.1% | -28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Partnership For After School Education 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Partnership For After School Education 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $238K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for directing resources to programs.
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 Partnership For After School Education Inc's IRS 990 filings:
- Operating deficit in the most recent filing (202306) where expenses ($2,226,675) exceeded revenue ($1,988,379).
- Significant increase in liabilities in 202306 to $1,805,035, which is substantially higher than previous years.
Strengths
The following positive indicators were identified for Partnership For After School Education Inc:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship.
- Significant growth in assets over the past decade, from $426,814 in 201606 to $3,080,090 in 202306.
- Strong program focus, as implied by the lack of officer compensation and general financial health.
- Positive operating surplus in 202206 ($2,854,256 revenue vs. $1,893,786 expenses) demonstrating capacity for strong financial performance.
Frequently Asked Questions about Partnership For After School Education Inc
Is Partnership For After School Education Inc a legitimate charity?
Partnership For After School Education Inc (EIN: 133976066) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Partnership For After School Education Inc spend its money?
Partnership For After School Education Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Partnership For After School Education Inc tax-deductible?
Partnership For After School Education Inc is registered as a tax-exempt nonprofit (EIN: 133976066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Partnership For After School Education Inc's spending goes to programs?
Partnership For After School Education Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Partnership For After School Education Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Partnership For After School Education Inc is above average for NTEE category B900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Partnership For After School Education Inc located?
Partnership For After School Education Inc is headquartered in New York, New York and files with the IRS under EIN 133976066. It is classified under NTEE code B900.
How many years of IRS 990 filings does Partnership For After School Education Inc have?
Partnership For After School Education 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 $2.4M in total revenue.
Is Partnership For After School Education Inc financially stable?
While the organization experienced an operating deficit in 202306 ($1,988,379 revenue vs. $2,226,675 expenses), it had a significant surplus in 202206 ($2,854,256 revenue vs. $1,893,786 expenses) and has shown consistent asset growth, reaching $3,080,090 in 202306. This suggests a generally stable financial position with some annual fluctuations.
How efficient is Partnership For After School Education Inc with its spending?
The organization appears highly efficient, particularly given the consistent reporting of 0% officer compensation across all filings. This indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a key indicator of spending efficiency.
What is the trend in the organization's assets and liabilities?
Assets have shown a strong upward trend, growing from $426,814 in 201606 to $3,080,090 in 202306. Liabilities have also increased, particularly in 202306 to $1,805,035, which is a significant jump from previous years, warranting further investigation into its nature.
Does the organization rely heavily on fundraising?
Based on the spending breakdown, fundraising constitutes a relatively small portion (3%) of overall expenses, suggesting that the organization is efficient in its fundraising efforts or has diverse funding sources that do not require a high proportion of fundraising costs.
Filing History
IRS 990 filing history for Partnership For After School Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Partnership For After School Education Inc's revenue has grown by 2.4%, moving from $1.9M to $2.0M. Total assets increased by 629.8% over the same period, from $422K to $3.1M. Total functional expenses rose by 22.4%, from $1.8M to $2.2M. In its most recent filing year (2023), Partnership For After School Education Inc reported a deficit of $238K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $3.1M in assets (debt-to-asset ratio: 58.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $3.1M | $1.8M | — | — |
| 2022 | $2.9M | $1.9M | $1.7M | $224K | — | View 990 |
| 2021 | $1.9M | $1.6M | $907K | $344K | — | View 990 |
| 2020 | $1.7M | $1.8M | $643K | $352K | — | View 990 |
| 2019 | $1.5M | $1.8M | $644K | $187K | — | View 990 |
| 2018 | $2.1M | $1.7M | $902K | $133K | — | View 990 |
| 2017 | $1.7M | $1.6M | $585K | $164K | — | View 990 |
| 2016 | $1.6M | $1.7M | $427K | $101K | — | View 990 |
| 2015 | $1.3M | $1.7M | $585K | $139K | — | View 990 |
| 2014 | $2.2M | $1.7M | $1.1M | $250K | — | View 990 |
| 2013 | $1.9M | $1.6M | $579K | $145K | — | View 990 |
| 2012 | $1.6M | $1.7M | $301K | $170K | — | View 990 |
| 2011 | $1.9M | $1.8M | $422K | $182K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $3.1M (revenue -30.3% year-over-year).
- 2022: Revenue of $2.9M, expenses of $1.9M, and assets of $1.7M (revenue +51.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $907K (revenue +13.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $643K (revenue +12.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.8M, and assets of $644K (revenue -28.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.7M, and assets of $902K (revenue +21.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $585K (revenue +8.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $427K (revenue +23.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.7M, and assets of $585K (revenue -41.8% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.7M, and assets of $1.1M (revenue +16.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.6M, and assets of $579K (revenue +18.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $301K (revenue -19.2% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.8M, and assets of $422K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Partnership For After School Education Inc:
Data Sources and Methodology
This transparency report for Partnership For After School Education 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.