Program Development Services Inc
Program Development Services Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 112715916 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.7M |
| Total Expenses | $31.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $24.2M |
| Transparency Score | 85/100 |
Is Program Development Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Program Development Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Program Development Services Inc
Program Development Services Inc (EIN: 112715916) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $31.7M and total assets of $37.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Program Development Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Program Development Services Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.5M |
| Total Expenses | $31.3M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $35.2M |
| Total Liabilities | $11.0M |
| Net Assets | $24.2M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Program Development Services Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Program Development Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +3.0% | +15.5% |
| 2022 | +62.3% | +41.6% | +79.7% |
| 2021 | +5.5% | +7.6% | +13.5% |
| 2020 | +3.9% | -2.2% | +30.9% |
| 2019 | +0.6% | +4.5% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Program Development Services Inc with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Program Development Services Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with over $30 million in annual revenue and suggests either volunteer leadership or a different reporting structure for executive pay.
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 Program Development Services Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration or indicate a unique operational model that needs clarification.
Strengths
The following positive indicators were identified for Program Development Services Inc:
- Consistent revenue growth, increasing from $19.7M in 2019 to $32.4M in 2023.
- Strong asset accumulation, growing from $11.4M in 2019 to $35.2M in 2023.
- Consistent operational surpluses, with revenues exceeding expenses in most recent filings (e.g., $32.4M revenue vs. $31.3M expenses in 2023).
- Low liabilities relative to assets, indicating good financial stability (e.g., $10.9M liabilities vs. $35.2M assets in 2023).
Frequently Asked Questions about Program Development Services Inc
Is Program Development Services Inc a legitimate charity?
Program Development Services Inc (EIN: 112715916) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $31.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Program Development Services Inc spend its money?
Program Development Services Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Program Development Services Inc tax-deductible?
Program Development Services Inc is registered as a tax-exempt nonprofit (EIN: 112715916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Program Development Services Inc CEO make?
Program Development Services Inc's highest-compensated officer earns $30 annually. The organization reported $31.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Program Development Services Inc's spending goes to programs?
Program Development Services Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Program Development Services Inc located?
Program Development Services Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112715916.
How many years of IRS 990 filings does Program Development Services Inc have?
Program Development Services 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 $31.7M in total revenue.
Is Program Development Services Inc a good charity?
Based on its financial health, consistent revenue growth, and significant asset accumulation, Program Development Services Inc appears to be a financially sound organization. The consistent operational surpluses and the reported 0% officer compensation are positive indicators, though the latter warrants further investigation for complete transparency.
How has the organization's revenue changed over time?
Program Development Services Inc has shown significant revenue growth, increasing from $19,714,930 in 2019 to $32,486,388 in 2023, with a peak of $35,075,490 in 2022.
What is the organization's asset growth trend?
The organization's assets have grown substantially, from $11,422,353 in 2019 to $35,229,965 in 2023, indicating strong financial management and accumulation of reserves.
What is the significance of 0% officer compensation?
A consistent report of 0% officer compensation for an organization of this size is highly unusual. It could mean that executive leadership is entirely volunteer-based, or that compensation is reported under different categories, or that the organization has a unique governance structure. This aspect requires further clarification for a complete understanding of its operational costs and transparency.
Filing History
IRS 990 filing history for Program Development Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Program Development Services Inc's revenue has grown by 73.7%, moving from $18.7M to $32.5M. Total assets increased by 205.2% over the same period, from $11.5M to $35.2M. Total functional expenses rose by 72.7%, from $18.1M to $31.3M. In its most recent filing year (2023), Program Development Services Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $11.0M in liabilities against $35.2M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $24.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.5M | $31.3M | $35.2M | $11.0M | — | View 990 |
| 2022 | $35.1M | $30.4M | $30.5M | $8.3M | — | View 990 |
| 2021 | $21.6M | $21.5M | $17.0M | $8.6M | — | — |
| 2020 | $20.5M | $20.0M | $15.0M | $7.1M | — | View 990 |
| 2019 | $19.7M | $20.4M | $11.4M | $4.2M | — | View 990 |
| 2018 | $19.6M | $19.5M | $12.7M | $4.7M | — | View 990 |
| 2017 | $19.5M | $19.5M | $13.0M | $5.1M | — | View 990 |
| 2016 | $19.0M | $18.8M | $12.9M | $5.2M | — | View 990 |
| 2015 | $20.3M | $19.7M | $14.0M | $6.7M | — | View 990 |
| 2014 | $19.3M | $18.9M | $13.4M | $6.7M | — | View 990 |
| 2013 | $18.8M | $18.4M | $13.3M | $7.1M | — | View 990 |
| 2012 | $19.2M | $18.0M | $13.4M | $7.5M | — | View 990 |
| 2011 | $18.7M | $18.1M | $11.5M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.5M, expenses of $31.3M, and assets of $35.2M (revenue -7.4% year-over-year).
- 2022: Revenue of $35.1M, expenses of $30.4M, and assets of $30.5M (revenue +62.3% year-over-year).
- 2021: Revenue of $21.6M, expenses of $21.5M, and assets of $17.0M (revenue +5.5% year-over-year).
- 2020: Revenue of $20.5M, expenses of $20.0M, and assets of $15.0M (revenue +3.9% year-over-year).
- 2019: Revenue of $19.7M, expenses of $20.4M, and assets of $11.4M (revenue +0.6% year-over-year).
- 2018: Revenue of $19.6M, expenses of $19.5M, and assets of $12.7M (revenue +0.3% year-over-year).
- 2017: Revenue of $19.5M, expenses of $19.5M, and assets of $13.0M (revenue +2.7% year-over-year).
- 2016: Revenue of $19.0M, expenses of $18.8M, and assets of $12.9M (revenue -6.1% year-over-year).
- 2015: Revenue of $20.3M, expenses of $19.7M, and assets of $14.0M (revenue +4.7% year-over-year).
- 2014: Revenue of $19.3M, expenses of $18.9M, and assets of $13.4M (revenue +3.2% year-over-year).
- 2013: Revenue of $18.8M, expenses of $18.4M, and assets of $13.3M (revenue -2.2% year-over-year).
- 2012: Revenue of $19.2M, expenses of $18.0M, and assets of $13.4M (revenue +2.5% year-over-year).
- 2011: Revenue of $18.7M, expenses of $18.1M, and assets of $11.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Program Development Services Inc:
Data Sources and Methodology
This transparency report for Program Development Services 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.