Queensborough Community College Auxiliary Enterprise Assoc Inc
Queensborough Community College Auxiliary Enterprise Assoc Inc shows consistent asset growth and no officer compensation.
EIN: 112037770 · Bayside, NY · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Program Spending | 90% |
| Net Assets | $7.4M |
| Transparency Score | 90/100 |
Is Queensborough Community College Auxiliary Enterprise Assoc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Queensborough Community College Auxiliary Enterprise Assoc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Queensborough Community College Auxiliary Enterprise Assoc Inc
Queensborough Community College Auxiliary Enterprise Assoc Inc (EIN: 112037770) is a nonprofit organization based in Bayside, NY, classified under NTEE code Z99Z. The organization reported total revenue of $3.4M and total assets of $7.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queensborough Community College Auxiliary Enterprise Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queensborough Community College Auxiliary Enterprise Assoc Inc is a mid-size nonprofit that has been operating for 58 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$291K |
| Total Assets | $7.5M |
| Total Liabilities | $129K |
| Net Assets | $7.4M |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 26.7 months |
Financial Health Grade: A
In 2024, Queensborough Community College Auxiliary Enterprise Assoc Inc reported a surplus of $291K with revenue exceeding expenses, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Queensborough Community College Auxiliary Enterprise Assoc Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +43.0% | +26.7% | +4.7% |
| 2023 | +14.9% | +72.5% | -0.5% |
| 2022 | +122.1% | +73.0% | +3.8% |
| 2021 | -39.7% | -53.6% | +4.2% |
| 2020 | -20.8% | +17.1% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Queensborough Community College Auxiliary Enterprise Assoc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Queensborough Community College Auxiliary Enterprise Assoc Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $291K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly efficient use of funds, with resources likely directed entirely towards its auxiliary enterprise activities.
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 Queensborough Community College Auxiliary Enterprise Assoc Inc's IRS 990 filings:
- NTEE code Z99Z (Unknown) provides limited insight into specific programmatic focus.
Strengths
The following positive indicators were identified for Queensborough Community College Auxiliary Enterprise Assoc Inc:
- Consistent asset growth, reaching $7,500,185 in 2024.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Generally positive net income, with a surplus of $291,044 in 2024.
- Long history of IRS 990 filings (14 filings), demonstrating compliance.
- Low liabilities relative to assets, with liabilities at $128,894 against $7,500,185 in assets in 2024.
Frequently Asked Questions about Queensborough Community College Auxiliary Enterprise Assoc Inc
Is Queensborough Community College Auxiliary Enterprise Assoc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queensborough Community College Auxiliary Enterprise Assoc Inc (EIN: 112037770) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Queensborough Community College Auxiliary Enterprise Assoc Inc spend its money?
Queensborough Community College Auxiliary Enterprise Assoc Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Queensborough Community College Auxiliary Enterprise Assoc Inc tax-deductible?
Queensborough Community College Auxiliary Enterprise Assoc Inc is registered as a tax-exempt nonprofit (EIN: 112037770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Queensborough Community College Auxiliary Enterprise Assoc Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Queensborough Community College Auxiliary Enterprise Assoc Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Queensborough Community College Auxiliary Enterprise Assoc Inc located?
Queensborough Community College Auxiliary Enterprise Assoc Inc is headquartered in Bayside, New York and files with the IRS under EIN 112037770. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Queensborough Community College Auxiliary Enterprise Assoc Inc have?
Queensborough Community College Auxiliary Enterprise Assoc Inc has 14 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 $3.4M in total revenue.
Is Queensborough Community College Auxiliary Enterprise Assoc Inc a good charity?
Based on the available financial data, the organization appears to be a well-managed entity with strong financial health, consistent asset growth, and a notable absence of officer compensation, suggesting efficient use of funds for its stated purpose.
What is the primary purpose of this organization given its NTEE code Z99Z?
While the NTEE code Z99Z (Unknown) doesn't specify, its name 'Auxiliary Enterprise Assoc Inc' strongly suggests it supports Queensborough Community College through various services or operations, likely related to student life, campus facilities, or other non-academic functions.
How has the organization's financial stability changed over the past five years?
The organization has shown strong financial stability, with assets growing from $6,655,830 in 2020 to $7,500,185 in 2024. Revenue and expenses have fluctuated, but the organization has generally maintained a positive net income, including a significant surplus of $291,044 in 2024.
Filing History
IRS 990 filing history for Queensborough Community College Auxiliary Enterprise Assoc Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Queensborough Community College Auxiliary Enterprise Assoc Inc's revenue has grown by 93.3%, moving from $1.9M to $3.7M. Total assets increased by 176.7% over the same period, from $2.7M to $7.5M. Total functional expenses rose by 104.3%, from $1.6M to $3.4M. In its most recent filing year (2024), Queensborough Community College Auxiliary Enterprise Assoc Inc reported a surplus of $291K, with revenue exceeding expenses. The organization holds $129K in liabilities against $7.5M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $3.4M | $7.5M | $129K | — | View 990 |
| 2023 | $2.6M | $2.7M | $7.2M | $260K | — | View 990 |
| 2022 | $2.2M | $1.5M | $7.2M | $294K | — | View 990 |
| 2021 | $1.0M | $890K | $6.9M | $252K | — | View 990 |
| 2020 | $1.7M | $1.9M | $6.7M | $270K | — | View 990 |
| 2019 | $2.1M | $1.6M | $7.1M | $436K | — | View 990 |
| 2018 | $2.4M | $1.8M | $6.7M | $533K | — | View 990 |
| 2017 | $2.1M | $1.5M | $5.9M | $322K | — | View 990 |
| 2016 | $1.8M | $1.4M | $5.2M | $347K | — | View 990 |
| 2015 | $2.2M | $1.2M | $4.7M | $311K | — | View 990 |
| 2014 | $2.0M | $1.4M | $3.7M | $317K | — | View 990 |
| 2013 | $1.9M | $1.6M | $3.3M | $448K | — | View 990 |
| 2012 | $1.7M | $1.6M | $2.9M | $373K | — | View 990 |
| 2011 | $1.9M | $1.6M | $2.7M | $287K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $3.4M, and assets of $7.5M (revenue +43.0% year-over-year).
- 2023: Revenue of $2.6M, expenses of $2.7M, and assets of $7.2M (revenue +14.9% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.5M, and assets of $7.2M (revenue +122.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $890K, and assets of $6.9M (revenue -39.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.9M, and assets of $6.7M (revenue -20.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.6M, and assets of $7.1M (revenue -13.0% year-over-year).
- 2018: Revenue of $2.4M, expenses of $1.8M, and assets of $6.7M (revenue +16.0% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.5M, and assets of $5.9M (revenue +13.9% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.4M, and assets of $5.2M (revenue -18.0% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.2M, and assets of $4.7M (revenue +11.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.4M, and assets of $3.7M (revenue +4.2% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.6M, and assets of $3.3M (revenue +9.9% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $2.9M (revenue -8.2% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.6M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queensborough Community College Auxiliary Enterprise Assoc Inc:
Data Sources and Methodology
This transparency report for Queensborough Community College Auxiliary Enterprise Assoc 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.