Planned Parenthood Of The Southern Finger Lakes Inc

Planned Parenthood Of The Southern Finger Lakes Inc reports significant 2019 deficit and zero assets in recent filings.

EIN: 160953368 · Ithaca, NY · NTEE: E420 · Updated: 2026-03-28

$7.8MRevenue

$0Assets

65/100Mission Score (Good)

E420

About Planned Parenthood Of The Southern Finger Lakes Inc

Planned Parenthood Of The Southern Finger Lakes Inc (EIN: 160953368) is a nonprofit organization based in Ithaca, NY, classified under NTEE code E420. The organization reported total revenue of $7.8M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planned Parenthood Of The Southern Finger Lakes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Planned Parenthood Of The Southern Finger Lakes Inc demonstrates a generally stable financial history, though the most recent filing (201912) shows a significant deficit where expenses ($8,397,176) exceeded revenue ($6,593,837) by over $1.8 million. This contrasts with previous years where revenue often exceeded expenses or was closely matched. The organization's assets have fluctuated, showing a concerning drop from over $11 million in prior years to $0 in both 2019 and 2018, which warrants further investigation into asset reporting or disposition. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.

Spending efficiency appears to be a mixed bag. While the organization generally manages its expenses relative to its revenue, the substantial deficit in 2019 is a concern for long-term sustainability if it becomes a trend. The absence of reported assets in the latest filings is a significant red flag for financial health and transparency, as it's unusual for an organization of this revenue size to report zero assets. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall financial picture suggests a need for closer scrutiny of the 2019 financial performance and asset management.

Transparency regarding executive compensation is high, with 0% reported, which is unusual for an organization of this size. However, the sudden disappearance of reported assets in the latest filings significantly detracts from overall financial transparency. Further details on the nature of the 2019 deficit and the asset reporting would be crucial for a complete understanding of the organization's financial health and operational practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Planned Parenthood Of The Southern Finger Lakes 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Planned Parenthood Of The Southern Finger Lakes Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues approaching $8 million and suggests either a fully volunteer executive team or that compensation is categorized elsewhere, potentially obscuring true leadership costs.

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 Planned Parenthood Of The Southern Finger Lakes Inc's IRS 990 filings:

Reported $0 in assets for 2018 and 2019 after reporting over $11 million in prior years, a significant and unexplained change.
Experienced a substantial deficit of over $1.8 million in 2019 (Expenses: $8,397,176 vs. Revenue: $6,593,837).
Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and could obscure true leadership costs.

Strengths

The following positive indicators were identified for Planned Parenthood Of The Southern Finger Lakes Inc:

Historically maintained relatively stable revenue streams, often exceeding $7 million annually.
Demonstrated ability to manage expenses close to revenue in most years prior to 2019.
Clear mission alignment with NTEE code E420 (Family Planning).

Frequently Asked Questions about Planned Parenthood Of The Southern Finger Lakes Inc

Why did the organization report $0 in assets for the 2018 and 2019 fiscal periods, after reporting over $11 million in previous years?

This is a critical question as the sudden disappearance of assets from the financial statements is highly unusual and could indicate a significant change in financial structure, asset disposition, or reporting methodology that requires clarification.

What caused the $1.8 million deficit in the 2019 fiscal period, where expenses ($8,397,176) significantly exceeded revenue ($6,593,837)?

Understanding the drivers behind this substantial deficit is crucial for assessing the organization's financial stability and whether it was an anomaly or indicative of ongoing operational challenges.

How does the organization sustain operations with 0% reported officer compensation, and where are leadership costs accounted for if not under officer compensation?

Clarification on executive compensation practices is important for transparency, as it's uncommon for an organization of this scale to report no officer compensation.

Filing History

IRS 990 filing history for Planned Parenthood Of The Southern Finger Lakes Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Planned Parenthood Of The Southern Finger Lakes Inc's revenue has grown by 12.5%, moving from $5.9M to $6.6M. Total assets decreased by 100% over the same period, from $4.6M to $0. Total functional expenses rose by 44.6%, from $5.8M to $8.4M. In its most recent filing year (2019), Planned Parenthood Of The Southern Finger Lakes Inc reported a deficit of $1.8M, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$6.6M	$8.4M	$0	$0	—	View 990
2018	$7.3M	$7.6M	$11.4M	$2.6M	—	View 990
2017	$7.4M	$6.9M	$11.3M	$2.1M	—	View 990
2016	$7.1M	$6.7M	$11.1M	$2.5M	—	View 990
2015	$7.2M	$6.9M	$11.2M	$3.0M	—	View 990
2014	$6.9M	$6.9M	$11.6M	$3.7M	—	View 990
2013	$8.8M	$7.0M	$9.9M	$2.1M	—	View 990
2012	$8.4M	$6.4M	$6.9M	$832K	—	View 990
2011	$5.9M	$5.8M	$4.6M	$594K	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $6.6M, expenses of $8.4M, and assets of $0 (revenue -9.1% year-over-year).
2018: Revenue of $7.3M, expenses of $7.6M, and assets of $11.4M (revenue -2.4% year-over-year).
2017: Revenue of $7.4M, expenses of $6.9M, and assets of $11.3M (revenue +4.4% year-over-year).
2016: Revenue of $7.1M, expenses of $6.7M, and assets of $11.1M (revenue -1.1% year-over-year).
2015: Revenue of $7.2M, expenses of $6.9M, and assets of $11.2M (revenue +4.3% year-over-year).
2014: Revenue of $6.9M, expenses of $6.9M, and assets of $11.6M (revenue -22.1% year-over-year).
2013: Revenue of $8.8M, expenses of $7.0M, and assets of $9.9M (revenue +5.8% year-over-year).
2012: Revenue of $8.4M, expenses of $6.4M, and assets of $6.9M (revenue +42.7% year-over-year).
2011: Revenue of $5.9M, expenses of $5.8M, and assets of $4.6M.

Data Sources and Methodology

This transparency report for Planned Parenthood Of The Southern Finger Lakes 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.