Randalls Island Park Alliance Inc
Randalls Island Park Alliance shows consistent financial growth and no reported officer compensation over a decade.
EIN: 133787630 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.9M |
| Total Expenses | $10.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $14.4M |
| Transparency Score | 88/100 |
Is Randalls Island Park Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Randalls Island Park Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Randalls Island Park Alliance Inc
Randalls Island Park Alliance Inc (EIN: 133787630) is a nonprofit organization based in New York, NY. The organization reported total revenue of $12.9M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Randalls Island Park Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Randalls Island Park Alliance Inc is a large nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.0M |
| Total Expenses | $10.7M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $16.3M |
| Total Liabilities | $1.9M |
| Net Assets | $14.4M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Randalls Island Park Alliance Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Randalls Island Park Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | +34.0% | +20.7% |
| 2022 | -7.5% | +13.6% | +2.2% |
| 2021 | +51.8% | +13.6% | +11.0% |
| 2020 | -31.2% | -24.1% | +15.7% |
| 2019 | +3.7% | -20.4% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Randalls Island Park Alliance Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Randalls Island Park Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $10 million. This suggests either a fully volunteer executive leadership or compensation structured in a way that is not reported as 'officer compensation' on the 990, which could be a positive for resource allocation but also warrants further inquiry for full transparency.
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 Randalls Island Park Alliance Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into compensation structures.
Strengths
The following positive indicators were identified for Randalls Island Park Alliance Inc:
- Consistent revenue growth, from $8.5M in 2014 to $11.9M in 2023.
- Significant asset growth, from $6.6M in 2014 to $16.3M in 2023, indicating strong financial health.
- Consistent financial surpluses in most recent years (e.g., $1.3M surplus in 2023, $0.7M in 2022), demonstrating effective expense management.
- No reported officer compensation across all 14 filings, suggesting efficient use of funds for mission-related activities.
- Low liabilities relative to assets, indicating a strong balance sheet and financial stability.
Frequently Asked Questions about Randalls Island Park Alliance Inc
Is Randalls Island Park Alliance Inc a legitimate charity?
Randalls Island Park Alliance Inc (EIN: 133787630) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Randalls Island Park Alliance Inc spend its money?
Randalls Island Park Alliance Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Randalls Island Park Alliance Inc tax-deductible?
Randalls Island Park Alliance Inc is registered as a tax-exempt nonprofit (EIN: 133787630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Randalls Island Park Alliance Inc CEO make?
Randalls Island Park Alliance Inc's highest-compensated officer earns $10 annually. The organization reported $12.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Randalls Island Park Alliance Inc's spending goes to programs?
Randalls Island Park Alliance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Randalls Island Park Alliance Inc located?
Randalls Island Park Alliance Inc is headquartered in New York, New York and files with the IRS under EIN 133787630.
How many years of IRS 990 filings does Randalls Island Park Alliance Inc have?
Randalls Island Park Alliance 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 $12.9M in total revenue.
Is Randalls Island Park Alliance Inc a good charity?
Based on the provided financial data, Randalls Island Park Alliance Inc appears to be a financially healthy and well-managed organization. It consistently generates surpluses, has growing assets, and notably reports no officer compensation, which are strong positive indicators. However, a full assessment would require reviewing detailed program expenses and impact metrics.
How has the organization's financial health changed over time?
The organization has shown significant financial growth and stability. Revenue has increased from $8,519,515 in 2014 to $11,974,025 in 2023, and assets have nearly tripled from $6,607,661 to $16,322,169 over the same period, indicating robust financial health and capacity building.
What is the significance of 0% officer compensation?
Reporting 0% officer compensation for an organization with over $10 million in annual revenue is highly unusual and can be interpreted in a few ways. It could mean that executive leadership is entirely volunteer-based, or that compensation is paid through a related entity or categorized differently on the 990. While it suggests more funds are available for programs, it also raises a question about the structure of leadership compensation.
Filing History
IRS 990 filing history for Randalls Island Park Alliance Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Randalls Island Park Alliance Inc's revenue has grown by 78.1%, moving from $6.7M to $12.0M. Total assets increased by 252.2% over the same period, from $4.6M to $16.3M. Total functional expenses rose by 52.2%, from $7.0M to $10.7M. In its most recent filing year (2023), Randalls Island Park Alliance Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $16.3M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $14.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.0M | $10.7M | $16.3M | $1.9M | — | — |
| 2022 | $8.7M | $8.0M | $13.5M | $663K | — | — |
| 2021 | $9.4M | $7.0M | $13.2M | $439K | — | View 990 |
| 2020 | $6.2M | $6.2M | $11.9M | $1.7M | — | — |
| 2019 | $9.0M | $8.1M | $10.3M | $316K | — | View 990 |
| 2018 | $8.7M | $10.2M | $9.7M | $981K | — | View 990 |
| 2017 | $11.3M | $8.0M | $10.7M | $231K | — | View 990 |
| 2016 | $9.7M | $8.8M | $7.3M | $274K | — | View 990 |
| 2015 | $9.3M | $9.0M | $6.8M | $648K | — | View 990 |
| 2014 | $8.5M | $7.4M | $6.6M | $724K | — | View 990 |
| 2013 | $7.8M | $6.8M | $5.9M | $1.1M | — | View 990 |
| 2012 | $7.2M | $7.8M | $4.8M | $1.0M | — | View 990 |
| 2011 | $5.8M | $5.5M | $5.0M | $689K | — | View 990 |
| 2010 | $6.7M | $7.0M | $4.6M | $575K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.0M, expenses of $10.7M, and assets of $16.3M (revenue +37.7% year-over-year).
- 2022: Revenue of $8.7M, expenses of $8.0M, and assets of $13.5M (revenue -7.5% year-over-year).
- 2021: Revenue of $9.4M, expenses of $7.0M, and assets of $13.2M (revenue +51.8% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.2M, and assets of $11.9M (revenue -31.2% year-over-year).
- 2019: Revenue of $9.0M, expenses of $8.1M, and assets of $10.3M (revenue +3.7% year-over-year).
- 2018: Revenue of $8.7M, expenses of $10.2M, and assets of $9.7M (revenue -23.3% year-over-year).
- 2017: Revenue of $11.3M, expenses of $8.0M, and assets of $10.7M (revenue +17.1% year-over-year).
- 2016: Revenue of $9.7M, expenses of $8.8M, and assets of $7.3M (revenue +3.8% year-over-year).
- 2015: Revenue of $9.3M, expenses of $9.0M, and assets of $6.8M (revenue +9.4% year-over-year).
- 2014: Revenue of $8.5M, expenses of $7.4M, and assets of $6.6M (revenue +9.2% year-over-year).
- 2013: Revenue of $7.8M, expenses of $6.8M, and assets of $5.9M (revenue +8.0% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.8M, and assets of $4.8M (revenue +25.4% year-over-year).
- 2011: Revenue of $5.8M, expenses of $5.5M, and assets of $5.0M (revenue -14.3% year-over-year).
- 2010: Revenue of $6.7M, expenses of $7.0M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Randalls Island Park Alliance Inc:
Data Sources and Methodology
This transparency report for Randalls Island Park Alliance 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.