Queens Law Associates Not For Profit Corporation
EIN: 270364845 · Forest Hills, NY · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $28.6M |
| Total Expenses | $24.7M |
| Net Assets | $15.5M |
Is Queens Law Associates Not For Profit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Queens Law Associates Not For Profit Corporation
Queens Law Associates Not For Profit Corporation (EIN: 270364845) is a nonprofit organization based in Forest Hills, NY, classified under NTEE code I80. The organization reported total revenue of $28.6M and total assets of $42.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Law Associates Not For Profit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queens Law Associates Not For Profit Corporation is a large nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.2M |
| Total Expenses | $24.7M |
| Surplus / Deficit | $-415,979 |
| Total Assets | $42.5M |
| Total Liabilities | $26.9M |
| Net Assets | $15.5M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 63.4% |
| Months of Reserves | 20.7 months |
Financial Health Grade: C
In 2023, Queens Law Associates Not For Profit Corporation reported a deficit of $416K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 63.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Queens Law Associates Not For Profit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +10.2% | +106.9% |
| 2022 | +9.2% | +10.2% | -1.5% |
| 2021 | +8.2% | +12.8% | -3.3% |
| 2020 | +2.0% | +31.2% | +9.0% |
| 2019 | +30.4% | +9.3% | +38.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Queens Law Associates Not For Profit Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Queens Law Associates Not For Profit Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $416K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.4%.
Frequently Asked Questions about Queens Law Associates Not For Profit Corporation
Is Queens Law Associates Not For Profit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Law Associates Not For Profit Corporation (EIN: 270364845) insufficient data. 0 red flags identified, 0 strengths noted.
How does Queens Law Associates Not For Profit Corporation spend its money?
Detailed spending breakdown data is not yet available for Queens Law Associates Not For Profit Corporation. Check back for updated IRS 990 analysis.
Are donations to Queens Law Associates Not For Profit Corporation tax-deductible?
Queens Law Associates Not For Profit Corporation is registered as a tax-exempt nonprofit (EIN: 270364845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Queens Law Associates Not For Profit Corporation located?
Queens Law Associates Not For Profit Corporation is headquartered in Forest Hills, New York and files with the IRS under EIN 270364845. It is classified under NTEE code I80.
How many years of IRS 990 filings does Queens Law Associates Not For Profit Corporation have?
Queens Law Associates Not For Profit Corporation has 11 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 $28.6M in total revenue.
Filing History
IRS 990 filing history for Queens Law Associates Not For Profit Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Queens Law Associates Not For Profit Corporation's revenue has grown by 185.1%, moving from $8.5M to $24.2M. Total assets increased by 924.7% over the same period, from $4.1M to $42.5M. Total functional expenses rose by 212%, from $7.9M to $24.7M. In its most recent filing year (2023), Queens Law Associates Not For Profit Corporation reported a deficit of $416K, with expenses exceeding revenue. The organization holds $26.9M in liabilities against $42.5M in assets (debt-to-asset ratio: 63.4%), resulting in net assets of $15.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.2M | $24.7M | $42.5M | $26.9M | — | — |
| 2022 | $21.5M | $22.4M | $20.5M | $4.6M | — | View 990 |
| 2021 | $19.7M | $20.3M | $20.8M | $4.0M | — | View 990 |
| 2020 | $18.2M | $18.0M | $21.6M | $4.1M | — | View 990 |
| 2019 | $17.9M | $13.7M | $19.8M | $2.6M | — | View 990 |
| 2018 | $13.7M | $12.5M | $14.3M | $1.7M | — | View 990 |
| 2017 | $10.9M | $10.9M | $11.1M | $11.2M | — | View 990 |
| 2016 | $11.1M | $10.4M | $9.4M | $9.4M | — | View 990 |
| 2015 | $10.2M | $9.5M | $6.7M | $6.7M | — | View 990 |
| 2014 | $9.8M | $9.1M | $5.0M | $5.0M | — | View 990 |
| 2013 | $8.5M | $7.9M | $4.1M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.2M, expenses of $24.7M, and assets of $42.5M (revenue +12.6% year-over-year).
- 2022: Revenue of $21.5M, expenses of $22.4M, and assets of $20.5M (revenue +9.2% year-over-year).
- 2021: Revenue of $19.7M, expenses of $20.3M, and assets of $20.8M (revenue +8.2% year-over-year).
- 2020: Revenue of $18.2M, expenses of $18.0M, and assets of $21.6M (revenue +2.0% year-over-year).
- 2019: Revenue of $17.9M, expenses of $13.7M, and assets of $19.8M (revenue +30.4% year-over-year).
- 2018: Revenue of $13.7M, expenses of $12.5M, and assets of $14.3M (revenue +25.6% year-over-year).
- 2017: Revenue of $10.9M, expenses of $10.9M, and assets of $11.1M (revenue -1.7% year-over-year).
- 2016: Revenue of $11.1M, expenses of $10.4M, and assets of $9.4M (revenue +8.4% year-over-year).
- 2015: Revenue of $10.2M, expenses of $9.5M, and assets of $6.7M (revenue +4.2% year-over-year).
- 2014: Revenue of $9.8M, expenses of $9.1M, and assets of $5.0M (revenue +15.6% year-over-year).
- 2013: Revenue of $8.5M, expenses of $7.9M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queens Law Associates Not For Profit Corporation:
Data Sources and Methodology
This transparency report for Queens Law Associates Not For Profit Corporation 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.