Positudes Inc
Positudes Inc shows strong financial growth and zero reported officer compensation over the past decade.
EIN: 113550195 · Westbury, NY · NTEE: G80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $324.5M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| Net Assets | $13.3M |
| Transparency Score | 90/100 |
Is Positudes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Positudes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Positudes Inc
Positudes Inc (EIN: 113550195) is a nonprofit organization based in Westbury, NY, classified under NTEE code G80. The organization reported total revenue of $324.5M and total assets of $39.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Positudes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Positudes Inc is a major 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 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$3.2M |
| Total Assets | $43.9M |
| Total Liabilities | $30.6M |
| Net Assets | $13.3M |
| Operating Margin | 47.2% |
| Debt-to-Asset Ratio | 69.6% |
| Months of Reserves | 148.6 months |
Financial Health Grade: A
In 2023, Positudes Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 148.6 months of operating reserves (strong position), has a debt-to-asset ratio of 69.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Positudes Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +10.0% | -7.3% |
| 2022 | +26.9% | +43.8% | +45.1% |
| 2021 | +63.1% | +30.8% | +40.2% |
| 2020 | -0.6% | -4.0% | +18.0% |
| 2019 | +66.4% | +37.2% | +33.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Positudes Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Positudes Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.6%.
Executive Compensation Analysis
Positudes Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, or they are compensated through other means not categorized as officer compensation, which is a strong positive for directing funds to the mission.
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.
Strengths
The following positive indicators were identified for Positudes Inc:
- Consistent revenue growth, from $1,030,560 in 2014 to $6,717,260 in 2023.
- Strong asset growth, from $1,712,427 in 2014 to $43,913,331 in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating high mission focus.
- Expenses consistently lower than revenue, leading to healthy surpluses (e.g., $3,171,879 surplus in 2023).
- Healthy financial reserves as indicated by growing assets and a positive net asset position (Assets minus Liabilities).
Frequently Asked Questions about Positudes Inc
Is Positudes Inc a legitimate charity?
Positudes Inc (EIN: 113550195) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $324.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Positudes Inc spend its money?
Positudes Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Positudes Inc tax-deductible?
Positudes Inc is registered as a tax-exempt nonprofit (EIN: 113550195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Positudes Inc's spending goes to programs?
Positudes Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Positudes Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Positudes Inc is above average for NTEE category G80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Positudes Inc located?
Positudes Inc is headquartered in Westbury, New York and files with the IRS under EIN 113550195. It is classified under NTEE code G80.
How many years of IRS 990 filings does Positudes Inc have?
Positudes 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 $324.5M in total revenue.
Is Positudes Inc a good charity?
Based on the provided IRS 990 data, Positudes Inc appears to be a financially healthy and efficient charity. It demonstrates strong revenue growth, consistent surpluses, and a commendable record of 0% reported officer compensation, suggesting a high dedication to its mission.
How has Positudes Inc's financial health changed over time?
Positudes Inc has shown significant financial growth over the past decade. Revenue increased from $1,030,560 in 2014 to $6,717,260 in 2023, and assets grew from $1,712,427 to $43,913,331 in the same period, indicating robust financial health and expansion.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, which suggests that executive leadership is either unpaid, volunteer-based, or compensated through mechanisms not classified as officer compensation on the 990 form.
Filing History
IRS 990 filing history for Positudes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Positudes Inc's revenue has grown by 847.4%, moving from $709K to $6.7M. Total assets increased by 3283% over the same period, from $1.3M to $43.9M. Total functional expenses rose by 446.8%, from $648K to $3.5M. In its most recent filing year (2023), Positudes Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $30.6M in liabilities against $43.9M in assets (debt-to-asset ratio: 69.6%), resulting in net assets of $13.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $3.5M | $43.9M | $30.6M | — | — |
| 2022 | $6.4M | $3.2M | $47.4M | $36.1M | — | View 990 |
| 2021 | $5.0M | $2.2M | $32.6M | $24.5M | — | View 990 |
| 2020 | $3.1M | $1.7M | $23.3M | $17.9M | — | — |
| 2019 | $3.1M | $1.8M | $19.7M | $15.7M | — | View 990 |
| 2018 | $1.9M | $1.3M | $14.7M | $12.1M | — | View 990 |
| 2017 | $2.1M | $1.3M | $10.6M | $8.5M | — | — |
| 2016 | $1.2M | $1.0M | $7.3M | $6.0M | — | View 990 |
| 2015 | $879K | $963K | $3.3M | $2.1M | — | View 990 |
| 2014 | $1.0M | $1.0M | $1.7M | $451K | — | View 990 |
| 2013 | $1.3M | $1.0M | $1.7M | $401K | — | View 990 |
| 2012 | $1.2M | $736K | $1.6M | $561K | — | View 990 |
| 2011 | $709K | $648K | $1.3M | $664K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $3.5M, and assets of $43.9M (revenue +4.9% year-over-year).
- 2022: Revenue of $6.4M, expenses of $3.2M, and assets of $47.4M (revenue +26.9% year-over-year).
- 2021: Revenue of $5.0M, expenses of $2.2M, and assets of $32.6M (revenue +63.1% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.7M, and assets of $23.3M (revenue -0.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $1.8M, and assets of $19.7M (revenue +66.4% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.3M, and assets of $14.7M (revenue -9.4% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.3M, and assets of $10.6M (revenue +77.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $7.3M (revenue +32.2% year-over-year).
- 2015: Revenue of $879K, expenses of $963K, and assets of $3.3M (revenue -14.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $1.7M (revenue -17.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.0M, and assets of $1.7M (revenue +7.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $736K, and assets of $1.6M (revenue +63.9% year-over-year).
- 2011: Revenue of $709K, expenses of $648K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Positudes Inc:
Data Sources and Methodology
This transparency report for Positudes 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.