Queens Public Communications Corporation
Queens Public Communications Corporation maintains strong asset growth and zero reported officer compensation over a decade.
EIN: 112657545 · Flushing, NY · NTEE: A300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $5.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $19.1M |
| Transparency Score | 92/100 |
Is Queens Public Communications Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Queens Public Communications Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Queens Public Communications Corporation
Queens Public Communications Corporation (EIN: 112657545) is a nonprofit organization based in Flushing, NY, classified under NTEE code A300. The organization reported total revenue of $11.9M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Public Communications Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queens Public Communications Corporation is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-75,618 |
| Total Assets | $19.7M |
| Total Liabilities | $581K |
| Net Assets | $19.1M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 45.2 months |
Financial Health Grade: B
In 2023, Queens Public Communications Corporation reported a deficit of $76K with expenses exceeding revenue, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Queens Public Communications Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.1% | +4.8% | +1.9% |
| 2022 | +4.9% | -12.7% | -1.5% |
| 2021 | -4.7% | -10.8% | +15.4% |
| 2020 | -1.0% | -4.1% | -7.1% |
| 2019 | -1.9% | +12.0% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Public Communications Corporation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Queens Public Communications Corporation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are unpaid, which is highly unusual for an organization of its size with assets exceeding $19 million and annual revenues often above $6 million.
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 Public Communications Corporation's IRS 990 filings:
- Slight operating deficit in the most recent 2023 fiscal period ($5,148,666 revenue vs. $5,224,284 expenses).
Strengths
The following positive indicators were identified for Queens Public Communications Corporation:
- Consistent asset growth over a decade, from $12.7 million in 2014 to $19.6 million in 2023.
- Zero reported officer compensation across all 13 filings, indicating highly efficient use of funds for mission.
- Generally strong financial health with revenues consistently exceeding expenses in most periods.
- Low liabilities relative to assets, indicating strong financial stability (e.g., $580,616 liabilities vs. $19,676,548 assets in 2023).
- Long and consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Queens Public Communications Corporation
Is Queens Public Communications Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Public Communications Corporation (EIN: 112657545) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Queens Public Communications Corporation spend its money?
Queens Public Communications Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Queens Public Communications Corporation tax-deductible?
Queens Public Communications Corporation is registered as a tax-exempt nonprofit (EIN: 112657545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Queens Public Communications Corporation CEO make?
Queens Public Communications Corporation's highest-compensated officer earns $19 annually. The organization reported $11.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Queens Public Communications Corporation's spending goes to programs?
Queens Public Communications Corporation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Queens Public Communications Corporation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Queens Public Communications Corporation is above average for NTEE category A300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Queens Public Communications Corporation located?
Queens Public Communications Corporation is headquartered in Flushing, New York and files with the IRS under EIN 112657545. It is classified under NTEE code A300.
How many years of IRS 990 filings does Queens Public Communications Corporation have?
Queens Public Communications Corporation 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 $11.9M in total revenue.
How does Queens Public Communications Corporation manage to operate without any reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer leadership structure or that compensation for leadership roles is categorized differently, perhaps under general salaries and wages, rather than specifically as officer compensation. This is a notable aspect for an organization of its financial scale.
What caused the slight deficit in the 2023 fiscal period?
In the 2023 fiscal period, expenses ($5,224,284) slightly exceeded revenue ($5,148,666). This could be due to increased operational costs, one-time investments, or a temporary dip in funding, but it's a minor deviation from a long history of positive net income.
Is the organization's asset growth sustainable?
The organization has shown consistent asset growth from $12.7 million in 2014 to $19.6 million in 2023. This sustained growth, coupled with generally positive operating margins, suggests a sustainable financial model, though the 2023 deficit warrants monitoring.
Filing History
IRS 990 filing history for Queens Public Communications Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Queens Public Communications Corporation's revenue has grown by 81.4%, moving from $2.8M to $5.1M. Total assets increased by 227.5% over the same period, from $6.0M to $19.7M. Total functional expenses rose by 132.4%, from $2.2M to $5.2M. In its most recent filing year (2023), Queens Public Communications Corporation reported a deficit of $76K, with expenses exceeding revenue. The organization holds $581K in liabilities against $19.7M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $19.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.2M | $19.7M | $581K | — | View 990 |
| 2022 | $6.7M | $5.0M | $19.3M | $368K | — | View 990 |
| 2021 | $6.4M | $5.7M | $19.6M | $1.0M | — | View 990 |
| 2020 | $6.7M | $6.4M | $17.0M | $1.5M | — | View 990 |
| 2019 | $6.8M | $6.7M | $18.3M | $0 | — | View 990 |
| 2018 | $6.9M | $6.0M | $17.9M | $0 | — | View 990 |
| 2017 | $6.4M | $5.5M | $16.5M | $0 | — | View 990 |
| 2016 | $5.9M | $4.7M | $15.4M | $921 | — | View 990 |
| 2015 | $5.9M | $4.2M | $14.2M | $57K | — | View 990 |
| 2014 | $5.3M | $3.3M | $12.8M | $391K | — | View 990 |
| 2013 | $4.9M | $2.9M | $10.3M | $30K | — | View 990 |
| 2012 | $4.8M | $2.6M | $8.3M | $31K | — | View 990 |
| 2011 | $2.8M | $2.2M | $6.0M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.2M, and assets of $19.7M (revenue -23.1% year-over-year).
- 2022: Revenue of $6.7M, expenses of $5.0M, and assets of $19.3M (revenue +4.9% year-over-year).
- 2021: Revenue of $6.4M, expenses of $5.7M, and assets of $19.6M (revenue -4.7% year-over-year).
- 2020: Revenue of $6.7M, expenses of $6.4M, and assets of $17.0M (revenue -1.0% year-over-year).
- 2019: Revenue of $6.8M, expenses of $6.7M, and assets of $18.3M (revenue -1.9% year-over-year).
- 2018: Revenue of $6.9M, expenses of $6.0M, and assets of $17.9M (revenue +7.6% year-over-year).
- 2017: Revenue of $6.4M, expenses of $5.5M, and assets of $16.5M (revenue +8.8% year-over-year).
- 2016: Revenue of $5.9M, expenses of $4.7M, and assets of $15.4M (revenue -0.5% year-over-year).
- 2015: Revenue of $5.9M, expenses of $4.2M, and assets of $14.2M (revenue +12.6% year-over-year).
- 2014: Revenue of $5.3M, expenses of $3.3M, and assets of $12.8M (revenue +7.7% year-over-year).
- 2013: Revenue of $4.9M, expenses of $2.9M, and assets of $10.3M (revenue +1.0% year-over-year).
- 2012: Revenue of $4.8M, expenses of $2.6M, and assets of $8.3M (revenue +70.2% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.2M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queens Public Communications Corporation:
Data Sources and Methodology
This transparency report for Queens Public Communications 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.