Safe Harbors Of The Hudson Inc
Safe Harbors Of The Hudson Inc shows consistent revenue growth and strong financial management with no reported officer compensation.
EIN: 141828476 · Newburgh, NY · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $3.2M |
| Transparency Score | 90/100 |
Is Safe Harbors Of The Hudson Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Safe Harbors Of The Hudson Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Safe Harbors Of The Hudson Inc
Safe Harbors Of The Hudson Inc (EIN: 141828476) is a nonprofit organization based in Newburgh, NY, classified under NTEE code L20. The organization reported total revenue of $2.1M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Harbors Of The Hudson Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Harbors Of The Hudson Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$511K |
| Total Assets | $3.8M |
| Total Liabilities | $558K |
| Net Assets | $3.2M |
| Operating Margin | 21.2% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 24.0 months |
Financial Health Grade: A
In 2023, Safe Harbors Of The Hudson Inc reported a surplus of $511K with revenue exceeding expenses, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Safe Harbors Of The Hudson Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.0% | +35.4% | +9.2% |
| 2022 | -27.6% | -0.4% | -4.9% |
| 2021 | +5.7% | +4.9% | +7.4% |
| 2020 | +6.1% | -4.8% | +21.0% |
| 2019 | +6.3% | +14.6% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Safe Harbors Of The Hudson 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: 85%
- fundraising: 5%
According to IRS 990 filings, Safe Harbors Of The Hudson 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 $511K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries. This suggests a strong commitment to directing all financial resources towards its programmatic activities and operational needs.
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.
Strengths
The following positive indicators were identified for Safe Harbors Of The Hudson Inc:
- Consistent revenue growth, from $1,031,581 in 201712 to $2,413,950 in 202312.
- Strong asset growth, reaching $3,806,202 in 202312.
- No reported officer compensation across all filings, indicating high transparency and mission focus.
- Expenses generally kept below revenue, demonstrating sound financial management.
- Manageable liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Safe Harbors Of The Hudson Inc
Is Safe Harbors Of The Hudson Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Harbors Of The Hudson Inc (EIN: 141828476) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Safe Harbors Of The Hudson Inc spend its money?
Safe Harbors Of The Hudson Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Safe Harbors Of The Hudson Inc tax-deductible?
Safe Harbors Of The Hudson Inc is registered as a tax-exempt nonprofit (EIN: 141828476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Safe Harbors Of The Hudson Inc's spending goes to programs?
Safe Harbors Of The Hudson Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Safe Harbors Of The Hudson Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Safe Harbors Of The Hudson Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Safe Harbors Of The Hudson Inc located?
Safe Harbors Of The Hudson Inc is headquartered in Newburgh, New York and files with the IRS under EIN 141828476. It is classified under NTEE code L20.
How many years of IRS 990 filings does Safe Harbors Of The Hudson Inc have?
Safe Harbors Of The Hudson 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 $2.1M in total revenue.
Is Safe Harbors Of The Hudson Inc financially stable?
Yes, Safe Harbors Of The Hudson Inc appears financially stable, demonstrating consistent revenue growth from $1,031,581 in 201712 to $2,413,950 in 202312, and maintaining expenses below revenue in most periods, leading to increasing assets.
How has the organization's asset base changed over time?
The organization's assets have grown significantly, from $1,574,330 in 201412 to $3,806,202 in 202312, indicating a healthy accumulation of resources.
What is the trend in liabilities for Safe Harbors Of The Hudson Inc?
Liabilities have fluctuated but remained manageable relative to assets, with the latest filing showing $557,752 in liabilities against $3,806,202 in assets, suggesting good financial control.
Does Safe Harbors Of The Hudson Inc spend efficiently?
Based on the consistent surplus of revenue over expenses in most years (e.g., $2,413,950 revenue vs. $1,902,816 expenses in 202312) and 0% officer compensation, the organization appears to manage its funds efficiently.
Filing History
IRS 990 filing history for Safe Harbors Of The Hudson Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safe Harbors Of The Hudson Inc's revenue has grown by 45.6%, moving from $1.7M to $2.4M. Total assets increased by 162.6% over the same period, from $1.4M to $3.8M. Total functional expenses rose by 32.7%, from $1.4M to $1.9M. In its most recent filing year (2023), Safe Harbors Of The Hudson Inc reported a surplus of $511K, with revenue exceeding expenses. The organization holds $558K in liabilities against $3.8M in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.9M | $3.8M | $558K | — | — |
| 2022 | $1.3M | $1.4M | $3.5M | $748K | — | View 990 |
| 2021 | $1.8M | $1.4M | $3.7M | $827K | — | View 990 |
| 2020 | $1.7M | $1.3M | $3.4M | $966K | — | View 990 |
| 2019 | $1.6M | $1.4M | $2.8M | $734K | — | View 990 |
| 2018 | $1.5M | $1.2M | $2.4M | $520K | — | View 990 |
| 2017 | $1.0M | $1.2M | $2.0M | $803K | — | View 990 |
| 2016 | $1.1M | $1.1M | $1.8M | $636K | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.8M | $690K | — | View 990 |
| 2014 | $1.4M | $1.1M | $1.6M | $488K | — | View 990 |
| 2013 | $901K | $1.1M | $1.1M | $423K | — | View 990 |
| 2012 | $1.0M | $1.1M | $1.5M | $617K | — | View 990 |
| 2011 | $1.7M | $1.4M | $1.4M | $446K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.9M, and assets of $3.8M (revenue +85.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $3.5M (revenue -27.6% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.4M, and assets of $3.7M (revenue +5.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.3M, and assets of $3.4M (revenue +6.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $2.8M (revenue +6.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.2M, and assets of $2.4M (revenue +46.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.2M, and assets of $2.0M (revenue -8.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue -1.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue -19.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.1M, and assets of $1.6M (revenue +57.1% year-over-year).
- 2013: Revenue of $901K, expenses of $1.1M, and assets of $1.1M (revenue -10.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue -39.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.4M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Harbors Of The Hudson Inc:
Data Sources and Methodology
This transparency report for Safe Harbors Of The Hudson 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.