Row New York Inc
Row New York Inc shows robust financial growth and significant asset accumulation over the past decade.
EIN: 113632924 · New York, NY · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.2M |
| Total Expenses | $4.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $22.5M |
| Transparency Score | 85/100 |
Is Row 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 →
Row New York Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Row New York Inc
Row New York Inc (EIN: 113632924) is a nonprofit organization based in New York, NY, classified under NTEE code N67. The organization reported total revenue of $23.2M and total assets of $24.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Row New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Row New York Inc is a large nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.7M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$6.6M |
| Total Assets | $22.8M |
| Total Liabilities | $269K |
| Net Assets | $22.5M |
| Operating Margin | 62.3% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 67.9 months |
Financial Health Grade: A
In 2023, Row New York Inc reported a surplus of $6.6M with revenue exceeding expenses, holds 67.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Row New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.8% | +8.5% | +39.6% |
| 2022 | -31.2% | +14.2% | +5.7% |
| 2021 | +46.8% | -32.1% | +39.5% |
| 2020 | -51.6% | +3.5% | +18.1% |
| 2019 | +99.4% | +18.5% | +167.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Row New York Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Row 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 $6.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that the organization's top leadership may be uncompensated or compensated through non-officer roles, which is unusual for an organization with over $23 million in latest revenue and $24 million in assets.
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 Row New York Inc's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes full spending efficiency assessment difficult
- 0% officer compensation reported for an organization of this size warrants further investigation into executive compensation structures
Strengths
The following positive indicators were identified for Row New York Inc:
- Strong financial growth with assets increasing from $1.7M in 2014 to $22.7M in 2023
- Consistent positive net income in most recent years, indicating sound financial management (e.g., $6.6M surplus in 2023)
- Relatively low liabilities compared to assets, suggesting financial stability
- Significant revenue generation, with latest reported revenue at $23,167,830
Frequently Asked Questions about Row New York Inc
Is Row New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Row New York Inc (EIN: 113632924) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Row New York Inc spend its money?
Row New York Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Row New York Inc tax-deductible?
Row New York Inc is registered as a tax-exempt nonprofit (EIN: 113632924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Row New York Inc CEO make?
Row New York Inc's highest-compensated officer earns $23 annually. The organization reported $23.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Row New York Inc's spending goes to programs?
Row New York Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Row New York Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Row New York Inc is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Row New York Inc located?
Row New York Inc is headquartered in New York, New York and files with the IRS under EIN 113632924. It is classified under NTEE code N67.
How many years of IRS 990 filings does Row New York Inc have?
Row New York 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 $23.2M in total revenue.
How does Row New York Inc manage to report 0% officer compensation despite its significant size?
The provided summary data indicates 0% officer compensation across all filings. This could mean that executive leadership is volunteer-based, compensated through a related entity, or that compensation is reported under different categories not captured in the 'Officer Comp' field of this summary. A review of their full Form 990, Part VII, Section A would clarify this.
What is the specific allocation of the substantial asset growth seen in recent years?
Row New York Inc's assets grew from $1,754,968 in 2014 to $22,778,326 in 2023. The specific allocation of this growth, whether it's in program-related investments, endowments, or operational reserves, would require a detailed review of their balance sheet and statements of functional expenses from their full IRS Form 990.
What are the primary sources of Row New York Inc's revenue, given its significant fluctuations?
Revenue has fluctuated significantly, from $1,064,980 in 2017 to $10,671,493 in 2023. To understand the primary sources (e.g., grants, contributions, program service revenue), one would need to examine Part VIII of their full Form 990.
Filing History
IRS 990 filing history for Row New York Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Row New York Inc's revenue has grown by 994.6%, moving from $975K to $10.7M. Total assets increased by 2413.2% over the same period, from $906K to $22.8M. Total functional expenses rose by 364.8%, from $866K to $4.0M. In its most recent filing year (2023), Row New York Inc reported a surplus of $6.6M, with revenue exceeding expenses. The organization holds $269K in liabilities against $22.8M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.7M | $4.0M | $22.8M | $269K | — | — |
| 2022 | $5.2M | $3.7M | $16.3M | $278K | — | View 990 |
| 2021 | $7.5M | $3.2M | $15.4M | $1.0M | — | View 990 |
| 2020 | $5.1M | $4.8M | $11.1M | $1.1M | — | View 990 |
| 2019 | $10.6M | $4.6M | $9.4M | $297K | — | View 990 |
| 2018 | $5.3M | $3.9M | $3.5M | $234K | — | View 990 |
| 2017 | $1.1M | $1.6M | $1.9M | $88K | — | — |
| 2016 | $3.3M | $2.5M | $2.4M | $66K | — | View 990 |
| 2015 | $2.1M | $2.2M | $1.6M | $39K | — | View 990 |
| 2014 | $1.9M | $1.9M | $1.8M | $64K | — | View 990 |
| 2013 | $1.8M | $1.8M | $1.7M | $49K | — | View 990 |
| 2012 | $2.2M | $1.5M | $1.7M | $64K | — | View 990 |
| 2011 | $1.2M | $1.1M | $989K | $24K | — | View 990 |
| 2010 | $975K | $866K | $906K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.7M, expenses of $4.0M, and assets of $22.8M (revenue +105.8% year-over-year).
- 2022: Revenue of $5.2M, expenses of $3.7M, and assets of $16.3M (revenue -31.2% year-over-year).
- 2021: Revenue of $7.5M, expenses of $3.2M, and assets of $15.4M (revenue +46.8% year-over-year).
- 2020: Revenue of $5.1M, expenses of $4.8M, and assets of $11.1M (revenue -51.6% year-over-year).
- 2019: Revenue of $10.6M, expenses of $4.6M, and assets of $9.4M (revenue +99.4% year-over-year).
- 2018: Revenue of $5.3M, expenses of $3.9M, and assets of $3.5M (revenue +399.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.6M, and assets of $1.9M (revenue -67.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.5M, and assets of $2.4M (revenue +53.7% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $1.6M (revenue +11.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $1.8M (revenue +7.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $1.7M (revenue -16.6% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.5M, and assets of $1.7M (revenue +83.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $989K (revenue +20.5% year-over-year).
- 2010: Revenue of $975K, expenses of $866K, and assets of $906K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Row New York Inc:
Data Sources and Methodology
This transparency report for Row 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.