Real Estate Board Of New York Inc
Real Estate Board Of New York Inc shows consistent revenue and significant asset growth, with no reported officer compensation.
EIN: 131201480 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.2M |
| Total Expenses | $16.4M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $7.6M |
| Transparency Score | 70/100 |
Is Real Estate Board Of New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Real Estate Board Of New York Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Real Estate Board Of New York Inc
Real Estate Board Of New York Inc (EIN: 131201480) is a nonprofit organization based in New York, NY. The organization reported total revenue of $17.2M and total assets of $24.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Real Estate Board Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Real Estate Board Of New York Inc is a large nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.2M |
| Total Expenses | $16.4M |
| Surplus / Deficit | +$829K |
| Total Assets | $26.7M |
| Total Liabilities | $19.1M |
| Net Assets | $7.6M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 71.6% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2023, Real Estate Board Of New York Inc reported a surplus of $829K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 71.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Real Estate Board Of New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +7.9% | +100.7% |
| 2022 | +16.4% | +12.8% | -2.1% |
| 2021 | -8.1% | -23.6% | -7.5% |
| 2020 | -4.3% | +4.7% | -20.0% |
| 2019 | +5.2% | +10.3% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1934 |
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 Real Estate Board Of New York Inc with a Mission Score of 70 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Real Estate Board Of New York Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $829K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers either receive no compensation or it is categorized and reported differently, which is unusual for an organization of this size with revenues exceeding $17 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 Real Estate Board Of New York Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 without clear explanation in summary data
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- NTEE code is unknown, limiting understanding of mission focus
Strengths
The following positive indicators were identified for Real Estate Board Of New York Inc:
- Consistent operational surpluses, with revenue generally exceeding expenses (e.g., $17,246,867 revenue vs. $16,418,271 expenses in 2023)
- Substantial asset growth, nearly doubling from $13,320,941 in 2022 to $26,730,806 in 2023
- No reported officer compensation, indicating potential for lower overhead in that specific area
Frequently Asked Questions about Real Estate Board Of New York Inc
Is Real Estate Board Of New York Inc a legitimate charity?
Real Estate Board Of New York Inc (EIN: 131201480) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.2M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Real Estate Board Of New York Inc spend its money?
Real Estate Board Of New York Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Real Estate Board Of New York Inc tax-deductible?
Real Estate Board Of New York Inc is registered as a tax-exempt nonprofit (EIN: 131201480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Real Estate Board Of New York Inc CEO make?
Real Estate Board Of New York Inc's highest-compensated officer earns $17 annually. The organization reported $17.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Real Estate Board Of New York Inc's spending goes to programs?
Real Estate Board Of New York Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Real Estate Board Of New York Inc located?
Real Estate Board Of New York Inc is headquartered in New York, New York and files with the IRS under EIN 131201480.
How many years of IRS 990 filings does Real Estate Board Of New York Inc have?
Real Estate Board Of New York Inc 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 $17.2M in total revenue.
What is the nature of the significant increase in liabilities from $5,481,528 in 2022 to $19,135,933 in 2023?
The provided data does not specify the nature of this increase. It could be related to new investments, property acquisitions, or other financial obligations that coincided with the substantial asset growth in the same period.
Why is officer compensation consistently reported as 0% across all filings?
This could mean that officers are uncompensated volunteers, or their compensation is reported under a different expense category not explicitly labeled 'Officer Comp' in the summary data provided.
What are the primary program activities of the Real Estate Board Of New York Inc?
The NTEE code is unknown, and detailed program descriptions are not available in the provided financial summaries, making it difficult to ascertain specific program activities.
Filing History
IRS 990 filing history for Real Estate Board Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Real Estate Board Of New York Inc's revenue has grown by 70.7%, moving from $10.1M to $17.2M. Total assets increased by 106.8% over the same period, from $12.9M to $26.7M. Total functional expenses rose by 71.7%, from $9.6M to $16.4M. In its most recent filing year (2023), Real Estate Board Of New York Inc reported a surplus of $829K, with revenue exceeding expenses. The organization holds $19.1M in liabilities against $26.7M in assets (debt-to-asset ratio: 71.6%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.2M | $16.4M | $26.7M | $19.1M | — | — |
| 2022 | $16.6M | $15.2M | $13.3M | $5.5M | — | View 990 |
| 2021 | $14.3M | $13.5M | $13.6M | $6.0M | — | View 990 |
| 2020 | $15.5M | $17.6M | $14.7M | $8.0M | — | View 990 |
| 2019 | $16.2M | $16.9M | $18.4M | $12.3M | — | View 990 |
| 2018 | $15.4M | $15.3M | $18.2M | $13.6M | — | View 990 |
| 2017 | $15.6M | $14.9M | $18.5M | $13.7M | — | — |
| 2016 | $13.9M | $13.0M | $16.7M | $9.7M | — | View 990 |
| 2015 | $13.6M | $13.3M | $15.6M | $9.7M | — | View 990 |
| 2014 | $13.6M | $13.1M | $16.3M | $10.9M | — | View 990 |
| 2013 | $11.8M | $11.7M | $15.1M | $10.2M | — | View 990 |
| 2012 | $10.9M | $10.1M | $13.5M | $9.4M | — | View 990 |
| 2011 | $10.1M | $9.6M | $12.9M | $9.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.2M, expenses of $16.4M, and assets of $26.7M (revenue +3.8% year-over-year).
- 2022: Revenue of $16.6M, expenses of $15.2M, and assets of $13.3M (revenue +16.4% year-over-year).
- 2021: Revenue of $14.3M, expenses of $13.5M, and assets of $13.6M (revenue -8.1% year-over-year).
- 2020: Revenue of $15.5M, expenses of $17.6M, and assets of $14.7M (revenue -4.3% year-over-year).
- 2019: Revenue of $16.2M, expenses of $16.9M, and assets of $18.4M (revenue +5.2% year-over-year).
- 2018: Revenue of $15.4M, expenses of $15.3M, and assets of $18.2M (revenue -1.0% year-over-year).
- 2017: Revenue of $15.6M, expenses of $14.9M, and assets of $18.5M (revenue +11.7% year-over-year).
- 2016: Revenue of $13.9M, expenses of $13.0M, and assets of $16.7M (revenue +2.5% year-over-year).
- 2015: Revenue of $13.6M, expenses of $13.3M, and assets of $15.6M (revenue -0.2% year-over-year).
- 2014: Revenue of $13.6M, expenses of $13.1M, and assets of $16.3M (revenue +15.6% year-over-year).
- 2013: Revenue of $11.8M, expenses of $11.7M, and assets of $15.1M (revenue +8.2% year-over-year).
- 2012: Revenue of $10.9M, expenses of $10.1M, and assets of $13.5M (revenue +7.8% year-over-year).
- 2011: Revenue of $10.1M, expenses of $9.6M, and assets of $12.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Real Estate Board Of New York Inc:
Data Sources and Methodology
This transparency report for Real Estate Board Of New York 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.