Philanthropic Planning Group Of Greater New York Inc
Philanthropic Planning Group Of Greater New York Inc faces declining assets due to consistent deficit spending in recent years.
EIN: 134082464 · Plymouth, MN · NTEE: T19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $255K |
| Program Spending | 70% |
| Net Assets | $82K |
| Transparency Score | 65/100 |
Is Philanthropic Planning Group Of Greater New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philanthropic Planning Group Of Greater New York Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Philanthropic Planning Group Of Greater New York Inc
Philanthropic Planning Group Of Greater New York Inc (EIN: 134082464) is a nonprofit organization based in Plymouth, MN, classified under NTEE code T19. The organization reported total revenue of $210K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philanthropic Planning Group Of Greater New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philanthropic Planning Group Of Greater New York Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $211K |
| Total Expenses | $255K |
| Surplus / Deficit | $-44,148 |
| Total Assets | $94K |
| Total Liabilities | $12K |
| Net Assets | $82K |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Philanthropic Planning Group Of Greater New York Inc reported a deficit of $44K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philanthropic Planning Group Of Greater New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.3% | +26.5% | -37.7% |
| 2022 | +139.0% | +161.7% | -25.4% |
| 2021 | -49.1% | -29.1% | -4.4% |
| 2020 | -46.4% | -48.4% | +8.3% |
| 2019 | +8.2% | +3.8% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
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 Philanthropic Planning Group Of Greater New York Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Philanthropic Planning Group Of Greater New York Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that the organization's officers are either unpaid volunteers or receive no compensation directly from the organization, which is a positive sign for resource allocation.
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 Philanthropic Planning Group Of Greater New York Inc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $254,763 vs. revenue $210,615; 2022 expenses $201,402 vs. revenue $146,930).
- Significant decline in assets from $211,885 in 2020 to $94,085 in 2023, indicating a depletion of financial reserves.
Strengths
The following positive indicators were identified for Philanthropic Planning Group Of Greater New York Inc:
- Consistent filing of IRS Form 990s, indicating transparency.
- Reported 0% officer compensation across all filings, suggesting efficient use of funds at the executive level or a volunteer-led structure.
- Long operational history with 13 filings, demonstrating sustained activity.
Frequently Asked Questions about Philanthropic Planning Group Of Greater New York Inc
Is Philanthropic Planning Group Of Greater New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Philanthropic Planning Group Of Greater New York Inc (EIN: 134082464) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Philanthropic Planning Group Of Greater New York Inc spend its money?
Philanthropic Planning Group Of Greater New York Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Philanthropic Planning Group Of Greater New York Inc tax-deductible?
Philanthropic Planning Group Of Greater New York Inc is registered as a tax-exempt nonprofit (EIN: 134082464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Philanthropic Planning Group Of Greater New York Inc's spending goes to programs?
Philanthropic Planning Group Of Greater New York Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Philanthropic Planning Group Of Greater New York Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Philanthropic Planning Group Of Greater New York Inc is above average for NTEE category T19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Philanthropic Planning Group Of Greater New York Inc located?
Philanthropic Planning Group Of Greater New York Inc is headquartered in Plymouth, Minnesota and files with the IRS under EIN 134082464. It is classified under NTEE code T19.
How many years of IRS 990 filings does Philanthropic Planning Group Of Greater New York Inc have?
Philanthropic Planning Group Of Greater New York 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 $210K in total revenue.
Is Philanthropic Planning Group Of Greater New York Inc financially stable?
The organization's financial stability is questionable, as expenses have exceeded revenue in the last two reported periods (2023 and 2022), leading to a significant decline in assets from $211,885 in 2020 to $94,085 in 2023.
What is the trend in the organization's assets?
The organization's assets have been on a downward trend since 2020, decreasing from $211,885 to $94,085 in 2023, indicating a depletion of reserves.
Does the organization pay its officers?
Based on the available IRS 990 data, officer compensation has consistently been reported as 0% across all filings, suggesting officers are not compensated by the organization.
Filing History
IRS 990 filing history for Philanthropic Planning Group Of Greater New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philanthropic Planning Group Of Greater New York Inc's revenue has grown by 0.3%, moving from $210K to $211K. Total assets increased by 129.3% over the same period, from $41K to $94K. Total functional expenses rose by 16.2%, from $219K to $255K. In its most recent filing year (2023), Philanthropic Planning Group Of Greater New York Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $12K in liabilities against $94K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $255K | $94K | $12K | — | — |
| 2022 | $147K | $201K | $151K | $25K | — | View 990 |
| 2021 | $61K | $77K | $203K | $22K | — | View 990 |
| 2020 | $121K | $109K | $212K | $16K | — | View 990 |
| 2019 | $225K | $211K | $196K | $12K | — | View 990 |
| 2018 | $208K | $203K | $171K | $2K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $210K | $143K | $161K | $8K | — | View 990 |
| 2015 | $214K | $179K | $106K | $20K | — | View 990 |
| 2014 | $234K | $197K | $55K | $3K | — | View 990 |
| 2013 | $155K | $142K | $43K | $29K | — | View 990 |
| 2012 | $224K | $244K | $35K | $33K | — | View 990 |
| 2011 | $210K | $219K | $41K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $255K, and assets of $94K (revenue +43.3% year-over-year).
- 2022: Revenue of $147K, expenses of $201K, and assets of $151K (revenue +139.0% year-over-year).
- 2021: Revenue of $61K, expenses of $77K, and assets of $203K (revenue -49.1% year-over-year).
- 2020: Revenue of $121K, expenses of $109K, and assets of $212K (revenue -46.4% year-over-year).
- 2019: Revenue of $225K, expenses of $211K, and assets of $196K (revenue +8.2% year-over-year).
- 2018: Revenue of $208K, expenses of $203K, and assets of $171K.
- 2017: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2016: Revenue of $210K, expenses of $143K, and assets of $161K (revenue -2.0% year-over-year).
- 2015: Revenue of $214K, expenses of $179K, and assets of $106K (revenue -8.7% year-over-year).
- 2014: Revenue of $234K, expenses of $197K, and assets of $55K (revenue +51.7% year-over-year).
- 2013: Revenue of $155K, expenses of $142K, and assets of $43K (revenue -31.1% year-over-year).
- 2012: Revenue of $224K, expenses of $244K, and assets of $35K (revenue +6.8% year-over-year).
- 2011: Revenue of $210K, expenses of $219K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philanthropic Planning Group Of Greater New York Inc:
Data Sources and Methodology
This transparency report for Philanthropic Planning Group Of Greater 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.