Queens Community Center Inc
Queens Community Center Inc consistently grows assets with low reported expenses and zero officer compensation.
EIN: 10785049 · New York, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $251K |
| Program Spending | 80% |
| Net Assets | $3.4M |
| Transparency Score | 85/100 |
Is Queens Community Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Queens Community Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Queens Community Center Inc
Queens Community Center Inc (EIN: 10785049) is a nonprofit organization based in New York, NY, classified under NTEE code B99. The organization reported total revenue of $2.3M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queens Community Center Inc is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $926K |
| Total Expenses | $251K |
| Surplus / Deficit | +$675K |
| Total Assets | $4.5M |
| Total Liabilities | $1.1M |
| Net Assets | $3.4M |
| Operating Margin | 72.9% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 216.7 months |
Financial Health Grade: A
In 2023, Queens Community Center Inc reported a surplus of $675K with revenue exceeding expenses, holds 216.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Queens Community Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.5% | +47.0% | +11.8% |
| 2022 | -53.6% | +9.9% | +7.8% |
| 2021 | +239.1% | -33.6% | +28.9% |
| 2020 | -80.0% | -43.2% | +2.1% |
| 2019 | +76.5% | +50.7% | +59.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Queens Community Center 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Queens Community Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $675K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive salaries are categorized under other expense lines, which enhances transparency regarding direct officer 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 Queens Community Center Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Queens Community Center Inc:
- Consistent asset growth, increasing from $888,747 in 2014 to $4,538,262 in 2023.
- Strong financial management indicated by expenses consistently lower than revenue, leading to surpluses.
- Zero reported officer compensation across all filings, suggesting high fiscal responsibility in executive pay.
- Low liabilities relative to assets, with liabilities at $1,138,399 against assets of $4,538,262 in 2023.
Frequently Asked Questions about Queens Community Center Inc
Is Queens Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Community Center Inc (EIN: 10785049) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Queens Community Center Inc spend its money?
Queens Community Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Queens Community Center Inc tax-deductible?
Queens Community Center Inc is registered as a tax-exempt nonprofit (EIN: 10785049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Queens Community Center Inc's spending goes to programs?
Queens Community Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Queens Community Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Queens Community Center Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Queens Community Center Inc located?
Queens Community Center Inc is headquartered in New York, New York and files with the IRS under EIN 10785049. It is classified under NTEE code B99.
How many years of IRS 990 filings does Queens Community Center Inc have?
Queens Community Center Inc has 12 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 $2.3M in total revenue.
Is Queens Community Center Inc a good charity?
Based on the available data, Queens Community Center Inc appears to be a financially sound organization with consistent asset growth and a history of generating significant surpluses. The consistent reporting of 0% officer compensation is a positive indicator of fiscal responsibility. However, without detailed breakdowns of program, administrative, and fundraising expenses, a full assessment of their spending efficiency and program impact is limited.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade. Assets have grown from $888,747 in 2014 to $4,538,262 in 2023. While revenue has fluctuated, expenses have generally remained low relative to revenue, leading to consistent surpluses and asset accumulation.
What is the trend in their revenue and expenses?
Revenue has been highly variable, with peaks in 2019 ($1,474,991) and 2021 ($1,000,173), and a recent figure of $925,956 in 2023. Expenses, while also fluctuating, have generally remained at a much lower level than revenue, ranging from $155,471 in 2021 to $411,743 in 2019, indicating a consistent ability to operate within or below their income.
Filing History
IRS 990 filing history for Queens Community Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Queens Community Center Inc's revenue has grown by 143.4%, moving from $380K to $926K. Total assets increased by 393.5% over the same period, from $920K to $4.5M. Total functional expenses fell by 42.2%, from $435K to $251K. In its most recent filing year (2023), Queens Community Center Inc reported a surplus of $675K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $4.5M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $926K | $251K | $4.5M | $1.1M | — | View 990 |
| 2022 | $464K | $171K | $4.1M | $4K | — | View 990 |
| 2021 | $1.0M | $155K | $3.8M | $4K | — | View 990 |
| 2020 | $295K | $234K | $2.9M | $4K | — | View 990 |
| 2019 | $1.5M | $412K | $2.9M | $4K | — | View 990 |
| 2018 | $836K | $273K | $1.8M | $4K | — | View 990 |
| 2017 | $498K | $250K | $1.5M | $246K | — | View 990 |
| 2016 | $335K | $258K | $1.1M | $111K | — | View 990 |
| 2015 | $261K | $214K | $907K | $4K | — | View 990 |
| 2014 | $206K | $206K | $889K | $32K | — | View 990 |
| 2013 | $446K | $436K | $861K | $4K | — | View 990 |
| 2012 | $380K | $435K | $920K | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $926K, expenses of $251K, and assets of $4.5M (revenue +99.5% year-over-year).
- 2022: Revenue of $464K, expenses of $171K, and assets of $4.1M (revenue -53.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $155K, and assets of $3.8M (revenue +239.1% year-over-year).
- 2020: Revenue of $295K, expenses of $234K, and assets of $2.9M (revenue -80.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $412K, and assets of $2.9M (revenue +76.5% year-over-year).
- 2018: Revenue of $836K, expenses of $273K, and assets of $1.8M (revenue +67.7% year-over-year).
- 2017: Revenue of $498K, expenses of $250K, and assets of $1.5M (revenue +48.8% year-over-year).
- 2016: Revenue of $335K, expenses of $258K, and assets of $1.1M (revenue +28.2% year-over-year).
- 2015: Revenue of $261K, expenses of $214K, and assets of $907K (revenue +26.8% year-over-year).
- 2014: Revenue of $206K, expenses of $206K, and assets of $889K (revenue -53.9% year-over-year).
- 2013: Revenue of $446K, expenses of $436K, and assets of $861K (revenue +17.4% year-over-year).
- 2012: Revenue of $380K, expenses of $435K, and assets of $920K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queens Community Center Inc:
Data Sources and Methodology
This transparency report for Queens Community Center 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.