Pine Island Collective
Pine Island Collective reports sustained negative revenue and declining assets in recent years.
EIN: 203911283 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.1M |
| Transparency Score | 45/100 |
Is Pine Island Collective Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pine Island Collective directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Pine Island Collective
Pine Island Collective (EIN: 203911283) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $2.4M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine Island Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pine Island Collective is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -261.5% | -38.8% | -7.1% |
| 2021 | +31.2% | -32.1% | -0.8% |
| 2019 | -100.7% | -24.8% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Pine Island Collective with a Mission Score of 45 out of 100 (Fair). 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, Pine Island Collective 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Pine Island Collective consistently reports 0% officer compensation across all provided filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size with over $10 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pine Island Collective's IRS 990 filings:
- Sustained negative revenue in recent filings ($-749,446 in 202312, $-634,009 in 202212).
- Significant decline in assets from $14,374,740 in 201912 to $10,140,940 in 202312.
- Expenses exceeding revenue for multiple consecutive years, indicating an unsustainable financial model.
- Consistent 0% officer compensation for an organization with over $10 million in assets, which may suggest alternative compensation structures or a lack of paid leadership, warranting further inquiry.
Strengths
The following positive indicators were identified for Pine Island Collective:
- Historically strong asset base, though currently declining.
- Low reported liabilities in recent years ($1 for 202312, 202212, 202112, 202012).
Frequently Asked Questions about Pine Island Collective
Is Pine Island Collective a legitimate charity?
Pine Island Collective (EIN: 203911283) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.4M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Pine Island Collective spend its money?
Pine Island Collective directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Pine Island Collective tax-deductible?
Pine Island Collective is registered as a tax-exempt nonprofit (EIN: 203911283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pine Island Collective CEO make?
Pine Island Collective's highest-compensated officer earns $10 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pine Island Collective's spending goes to programs?
Pine Island Collective directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Pine Island Collective compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Pine Island Collective is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pine Island Collective located?
Pine Island Collective is headquartered in New York, New York and files with the IRS under EIN 203911283. It is classified under NTEE code T22.
How many years of IRS 990 filings does Pine Island Collective have?
Pine Island Collective has 10 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.
Why has Pine Island Collective reported negative revenue for the past two years?
The filings for periods 202312 and 202212 show negative revenue of $-749,446 and $-634,009 respectively. This could indicate significant investment losses, returns of contributions, or other non-operating adjustments that outweigh positive revenue streams. Further investigation into the specific revenue line items on the 990 forms would be necessary.
How is Pine Island Collective covering its expenses with negative revenue?
With negative revenue and ongoing expenses (e.g., $1,241,846 in 202312), the organization is likely drawing down its assets, which have decreased from $14,374,740 in 201912 to $10,140,940 in 202312. This is not sustainable long-term without a reversal in revenue trends.
What is the breakdown of expenses (program, admin, fundraising) for Pine Island Collective?
The provided data only includes total expenses. Without a detailed breakdown from the IRS 990, it is impossible to accurately determine the percentages allocated to programs, administration, and fundraising. This lack of detail limits the assessment of spending efficiency.
Filing History
IRS 990 filing history for Pine Island Collective showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pine Island Collective's revenue has declined by 165.6%, moving from $1.1M to $-749,446. Total assets increased by 24.6% over the same period, from $8.1M to $10.1M. Total functional expenses rose by 87.3%, from $663K to $1.2M. The organization holds $1 in liabilities against $10.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-749,446 | $1.2M | $10.1M | $1 | — | View 990 |
| 2022 | $-634,009 | $602K | $12.2M | $1 | — | View 990 |
| 2021 | $392K | $984K | $13.2M | $1 | — | View 990 |
| 2020 | $299K | $1.4M | $13.3M | $1 | — | View 990 |
| 2019 | $-31,208 | $1.9M | $14.4M | $30K | — | View 990 |
| 2015 | $4.4M | $2.5M | $13.4M | $293K | — | View 990 |
| 2014 | $3.7M | $911K | $11.2M | $49K | — | View 990 |
| 2013 | $4.2M | $817K | $11.8M | $3K | — | View 990 |
| 2012 | $3.2M | $721K | $9.8M | $1 | — | View 990 |
| 2011 | $1.1M | $663K | $8.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-749,446, expenses of $1.2M, and assets of $10.1M.
- 2022: Revenue of $-634,009, expenses of $602K, and assets of $12.2M (revenue -261.5% year-over-year).
- 2021: Revenue of $392K, expenses of $984K, and assets of $13.2M (revenue +31.2% year-over-year).
- 2020: Revenue of $299K, expenses of $1.4M, and assets of $13.3M.
- 2019: Revenue of $-31,208, expenses of $1.9M, and assets of $14.4M (revenue -100.7% year-over-year).
- 2015: Revenue of $4.4M, expenses of $2.5M, and assets of $13.4M (revenue +19.2% year-over-year).
- 2014: Revenue of $3.7M, expenses of $911K, and assets of $11.2M (revenue -10.7% year-over-year).
- 2013: Revenue of $4.2M, expenses of $817K, and assets of $11.8M (revenue +30.9% year-over-year).
- 2012: Revenue of $3.2M, expenses of $721K, and assets of $9.8M (revenue +179.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $663K, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pine Island Collective:
Data Sources and Methodology
This transparency report for Pine Island Collective 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.