Pine Tree Foundation Of New York Tr
Pine Tree Foundation maintains stable $11M+ assets with minimal liabilities and no reported officer compensation.
EIN: 137308483 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $11.4M |
| Transparency Score | 75/100 |
Is Pine Tree Foundation Of New York Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pine Tree Foundation Of New York Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pine Tree Foundation Of New York Tr
Pine Tree Foundation Of New York Tr (EIN: 137308483) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $2.6M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine Tree Foundation Of New York Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pine Tree Foundation Of New York Tr is a mid-size nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$57K |
| Total Assets | $11.4M |
| Total Liabilities | $1 |
| Net Assets | $11.4M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 92.2 months |
Financial Health Grade: A
In 2023, Pine Tree Foundation Of New York Tr reported a surplus of $57K with revenue exceeding expenses, holds 92.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Pine Tree Foundation Of New York Tr's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | -7.7% | +0.5% |
| 2022 | -12.8% | +3.2% | +2.8% |
| 2021 | +78.6% | +18.9% | -2.8% |
| 2020 | -8.4% | +5.1% | -2.4% |
| 2019 | +13.1% | +38.7% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Tree Foundation Of New York Tr with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pine Tree Foundation Of New York Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its asset size.
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 Tree Foundation Of New York Tr's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes program efficiency difficult to fully assess.
- 0% officer compensation is unusual for an organization with over $11 million in assets, raising questions about leadership structure and compensation practices.
Strengths
The following positive indicators were identified for Pine Tree Foundation Of New York Tr:
- Strong financial stability with over $11 million in assets consistently maintained.
- Extremely low liabilities ($1 across all filings) indicates excellent financial management and minimal debt.
- Consistent filing of IRS 990s demonstrates good transparency.
- Revenue generally covers expenses, indicating sustainable operations.
Frequently Asked Questions about Pine Tree Foundation Of New York Tr
Is Pine Tree Foundation Of New York Tr a legitimate charity?
Pine Tree Foundation Of New York Tr (EIN: 137308483) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Pine Tree Foundation Of New York Tr spend its money?
Pine Tree Foundation Of New York Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pine Tree Foundation Of New York Tr tax-deductible?
Pine Tree Foundation Of New York Tr is registered as a tax-exempt nonprofit (EIN: 137308483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pine Tree Foundation Of New York Tr's spending goes to programs?
Pine Tree Foundation Of New York Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pine Tree Foundation Of New York Tr compare to similar nonprofits?
With a transparency score of 75/100 (Good), Pine Tree Foundation Of New York Tr is above 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 Tree Foundation Of New York Tr located?
Pine Tree Foundation Of New York Tr is headquartered in New York, New York and files with the IRS under EIN 137308483. It is classified under NTEE code T22.
How many years of IRS 990 filings does Pine Tree Foundation Of New York Tr have?
Pine Tree Foundation Of New York Tr 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 $2.6M in total revenue.
What are the specific programs funded by Pine Tree Foundation Of New York Tr?
The provided IRS 990 data does not detail the specific programs or grants made by the Pine Tree Foundation Of New York Tr. Further investigation into their public records or website would be necessary to understand their programmatic activities.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may rely on volunteer leadership, or that executive functions are performed by staff whose compensation is categorized differently (e.g., as general administrative expenses), or that it is managed by an external entity.
What is the source of the organization's consistent $11M+ asset base?
The consistent asset base, despite fluctuating annual revenues, suggests that the Pine Tree Foundation Of New York Tr likely operates with a significant endowment or investment portfolio, generating income to support its operations and grants.
Filing History
IRS 990 filing history for Pine Tree Foundation Of New York Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pine Tree Foundation Of New York Tr's revenue has grown by 11.2%, moving from $1.4M to $1.5M. Total assets increased by 2.9% over the same period, from $11.1M to $11.4M. Total functional expenses rose by 97.1%, from $753K to $1.5M. In its most recent filing year (2023), Pine Tree Foundation Of New York Tr reported a surplus of $57K, with revenue exceeding expenses. The organization holds $1 in liabilities against $11.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $11.4M | $1 | — | — |
| 2022 | $1.6M | $1.6M | $11.4M | $1 | — | View 990 |
| 2021 | $1.8M | $1.6M | $11.1M | $1 | — | View 990 |
| 2020 | $1.0M | $1.3M | $11.4M | $1 | — | — |
| 2019 | $1.1M | $1.2M | $11.7M | $1 | — | — |
| 2015 | $996K | $899K | $11.3M | $1 | — | View 990 |
| 2014 | $752K | $638K | $11.3M | $1 | — | View 990 |
| 2013 | $737K | $735K | $11.2M | $1 | — | View 990 |
| 2012 | $642K | $567K | $11.2M | $1 | — | View 990 |
| 2011 | $1.4M | $753K | $11.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $11.4M (revenue -4.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $11.4M (revenue -12.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $11.1M (revenue +78.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.3M, and assets of $11.4M (revenue -8.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $11.7M (revenue +13.1% year-over-year).
- 2015: Revenue of $996K, expenses of $899K, and assets of $11.3M (revenue +32.4% year-over-year).
- 2014: Revenue of $752K, expenses of $638K, and assets of $11.3M (revenue +2.1% year-over-year).
- 2013: Revenue of $737K, expenses of $735K, and assets of $11.2M (revenue +14.7% year-over-year).
- 2012: Revenue of $642K, expenses of $567K, and assets of $11.2M (revenue -53.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $753K, and assets of $11.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pine Tree Foundation Of New York Tr:
Data Sources and Methodology
This transparency report for Pine Tree Foundation Of New York Tr 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.