Resources For Children With Special Needs Inc
Resources For Children With Special Needs Inc shows consistent revenue growth but recent deficits and rising liabilities.
EIN: 112594790 · New York, NY · NTEE: P190 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.1M |
| Transparency Score | 75/100 |
Is Resources For Children With Special Needs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Resources For Children With Special Needs Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Resources For Children With Special Needs Inc
Resources For Children With Special Needs Inc (EIN: 112594790) is a nonprofit organization based in New York, NY, classified under NTEE code P190. The organization reported total revenue of $7.8M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resources For Children With Special Needs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Resources For Children With Special Needs Inc is a mid-size nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-171,554 |
| Total Assets | $6.4M |
| Total Liabilities | $3.3M |
| Net Assets | $3.1M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 51.2% |
| Months of Reserves | 13.7 months |
Financial Health Grade: C
In 2023, Resources For Children With Special Needs Inc reported a deficit of $172K with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Resources For Children With Special Needs Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +3.8% | -7.3% |
| 2022 | -4.2% | +8.8% | +80.9% |
| 2021 | +16.5% | +14.9% | +1.5% |
| 2020 | +19.7% | +30.8% | +29.5% |
| 2019 | +26.4% | +6.1% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Resources For Children With Special Needs Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Resources For Children With Special Needs 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 deficit of $172K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $5 million. This could indicate that executive compensation is either non-existent, paid through a related entity, or categorized under other expense lines, which reduces transparency regarding leadership remuneration.
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 Resources For Children With Special Needs Inc's IRS 990 filings:
- Significant increase in liabilities from $192,318 in 2021 to $3,291,029 in 2023 without clear explanation in summary data.
- Consistent reporting of 0% officer compensation for an organization with over $5 million in revenue, potentially obscuring executive pay.
- Operating deficits in the last two reported periods (202312 and 202212), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Resources For Children With Special Needs Inc:
- Consistent revenue growth over the past decade, from $2,271,164 in 2014 to $5,471,578 in 2023.
- Strong asset base, with $6,429,277 in assets in 202312, providing financial stability.
- Long history of IRS 990 filings (14 filings), indicating consistent compliance and transparency in reporting.
Frequently Asked Questions about Resources For Children With Special Needs Inc
Is Resources For Children With Special Needs Inc a legitimate charity?
Resources For Children With Special Needs Inc (EIN: 112594790) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $7.8M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Resources For Children With Special Needs Inc spend its money?
Resources For Children With Special Needs Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Resources For Children With Special Needs Inc tax-deductible?
Resources For Children With Special Needs Inc is registered as a tax-exempt nonprofit (EIN: 112594790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Resources For Children With Special Needs Inc CEO make?
Resources For Children With Special Needs Inc's highest-compensated officer earns $5 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Resources For Children With Special Needs Inc's spending goes to programs?
Resources For Children With Special Needs Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Resources For Children With Special Needs Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Resources For Children With Special Needs Inc is above average for NTEE category P190 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Resources For Children With Special Needs Inc located?
Resources For Children With Special Needs Inc is headquartered in New York, New York and files with the IRS under EIN 112594790. It is classified under NTEE code P190.
How many years of IRS 990 filings does Resources For Children With Special Needs Inc have?
Resources For Children With Special Needs 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 $7.8M in total revenue.
What caused the significant increase in liabilities from $192,318 in 2021 to $3,291,029 in 2023?
The IRS 990 data shows a sharp rise in liabilities, which could be due to new debt, deferred revenue, or other financial obligations. Further investigation into the detailed financial statements would be necessary to understand the specific reasons.
How does the organization manage to operate with 0% reported officer compensation given its scale?
The consistent reporting of zero officer compensation is atypical for an organization with over $5 million in annual revenue. This might suggest that leadership roles are filled by volunteers, or compensation is reported under different expense categories, or through a related party, which would require reviewing the full 990 for more details.
Is the recent trend of expenses exceeding revenue sustainable for the organization?
In 202312, expenses ($5,643,132) exceeded revenue ($5,471,578), and similarly in 202212. While the organization has substantial assets ($6,429,277 in 202312), a sustained trend of operating deficits could erode reserves and impact long-term financial health.
Filing History
IRS 990 filing history for Resources For Children With Special Needs Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Resources For Children With Special Needs Inc's revenue has grown by 170.7%, moving from $2.0M to $5.5M. Total assets increased by 428.7% over the same period, from $1.2M to $6.4M. Total functional expenses rose by 250.2%, from $1.6M to $5.6M. In its most recent filing year (2023), Resources For Children With Special Needs Inc reported a deficit of $172K, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $6.4M in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.6M | $6.4M | $3.3M | — | View 990 |
| 2022 | $5.2M | $5.4M | $6.9M | $3.7M | — | View 990 |
| 2021 | $5.4M | $5.0M | $3.8M | $192K | — | View 990 |
| 2020 | $4.6M | $4.3M | $3.8M | $674K | — | View 990 |
| 2019 | $3.9M | $3.3M | $2.9M | $142K | — | View 990 |
| 2018 | $3.1M | $3.1M | $2.3M | $165K | — | View 990 |
| 2017 | $3.6M | $2.9M | $2.4M | $129K | — | View 990 |
| 2016 | $2.5M | $2.6M | $1.6M | $113K | — | View 990 |
| 2015 | $3.0M | $2.8M | $1.8M | $211K | — | View 990 |
| 2014 | $2.3M | $2.4M | $1.5M | $157K | — | View 990 |
| 2013 | $1.9M | $1.8M | $1.6M | $117K | — | View 990 |
| 2012 | $1.7M | $1.7M | $1.4M | $96K | — | View 990 |
| 2011 | $1.8M | $1.6M | $1.4M | $101K | — | View 990 |
| 2010 | $2.0M | $1.6M | $1.2M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.6M, and assets of $6.4M (revenue +5.6% year-over-year).
- 2022: Revenue of $5.2M, expenses of $5.4M, and assets of $6.9M (revenue -4.2% year-over-year).
- 2021: Revenue of $5.4M, expenses of $5.0M, and assets of $3.8M (revenue +16.5% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.3M, and assets of $3.8M (revenue +19.7% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.3M, and assets of $2.9M (revenue +26.4% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $2.3M (revenue -15.8% year-over-year).
- 2017: Revenue of $3.6M, expenses of $2.9M, and assets of $2.4M (revenue +45.9% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.6M, and assets of $1.6M (revenue -17.2% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.8M, and assets of $1.8M (revenue +32.7% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $1.5M (revenue +17.1% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $1.6M (revenue +14.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $1.4M (revenue -5.3% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.6M, and assets of $1.4M (revenue -11.8% year-over-year).
- 2010: Revenue of $2.0M, expenses of $1.6M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Resources For Children With Special Needs Inc:
Data Sources and Methodology
This transparency report for Resources For Children With Special Needs 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.