Safe Space Nyc Inc
Safe Space Nyc Inc reports $0 revenue and assets after years of operational deficits.
EIN: 111711014 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $13.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $-2,687,282 |
| Transparency Score | 30/100 |
Is Safe Space Nyc Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Safe Space Nyc Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Safe Space Nyc Inc
Safe Space Nyc Inc (EIN: 111711014) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Space Nyc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Space Nyc Inc is a large nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $13.8M |
| Surplus / Deficit | +$75K |
| Total Assets | $5.4M |
| Total Liabilities | $8.1M |
| Net Assets | $-2,687,282 |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 149.3% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2016, Safe Space Nyc Inc reported a surplus of $75K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 149.3% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Safe Space Nyc Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +9.6% | +6.9% | +19.9% |
| 2015 | -8.4% | -3.5% | +14.1% |
| 2014 | +8.6% | -3.4% | +18.0% |
| 2013 | -7.9% | +3.7% | -12.4% |
| 2012 | +5.9% | -1.5% | +11.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Safe Space Nyc Inc with a Mission Score of 30 out of 100 (Poor). 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, Safe Space Nyc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 149.3%.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all active filings, which is unusual for an organization with over $12 million in annual expenses and suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation.
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 Safe Space Nyc Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential cessation of operations.
- Consistent operational deficits in multiple years (e.g., 2015, 2013, 2011).
- Persistent negative net assets (liabilities exceeding assets) across all active filings.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Safe Space Nyc Inc:
- Reported 0% officer compensation across all active filings, potentially indicating efficient use of funds for leadership or volunteer-led executive roles.
Frequently Asked Questions about Safe Space Nyc Inc
Is Safe Space Nyc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Space Nyc Inc (EIN: 111711014) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Safe Space Nyc Inc spend its money?
Safe Space Nyc Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Safe Space Nyc Inc tax-deductible?
Safe Space Nyc Inc is registered as a tax-exempt nonprofit (EIN: 111711014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Safe Space Nyc Inc CEO make?
Safe Space Nyc Inc's highest-compensated officer earns $12 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Safe Space Nyc Inc's spending goes to programs?
Safe Space Nyc Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Safe Space Nyc Inc located?
Safe Space Nyc Inc is headquartered in New York, New York and files with the IRS under EIN 111711014.
How many years of IRS 990 filings does Safe Space Nyc Inc have?
Safe Space Nyc Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Safe Space Nyc Inc still operational given its latest $0 revenue and assets filing?
The latest IRS 990 filing showing $0 revenue and assets strongly suggests that Safe Space Nyc Inc may no longer be operational or has undergone a significant change in status since its last active filing in 2016.
How did Safe Space Nyc Inc manage to operate with consistent negative net assets?
The organization consistently had liabilities exceeding assets (e.g., $8.1M liabilities vs $5.4M assets in 2016), indicating a reliance on debt, restricted funds, or other financial mechanisms to sustain operations despite not having sufficient unrestricted assets.
What caused the sudden drop from over $13 million in revenue to $0?
The provided data does not specify the reason for the abrupt financial change, but such a drastic drop typically indicates a cessation of activities, a merger, or a significant financial crisis.
Filing History
IRS 990 filing history for Safe Space Nyc Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Safe Space Nyc Inc's revenue has grown by 6.3%, moving from $13.0M to $13.9M. Total assets increased by 58.1% over the same period, from $3.4M to $5.4M. Total functional expenses rose by 1.8%, from $13.5M to $13.8M. In its most recent filing year (2016), Safe Space Nyc Inc reported a surplus of $75K, with revenue exceeding expenses. The organization holds $8.1M in liabilities against $5.4M in assets (debt-to-asset ratio: 149.3%), resulting in net assets of $-2,687,282.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $13.9M | $13.8M | $5.4M | $8.1M | — | — |
| 2015 | $12.6M | $12.9M | $4.5M | $7.3M | — | View 990 |
| 2014 | $13.8M | $13.4M | $4.0M | $6.6M | — | View 990 |
| 2013 | $12.7M | $13.8M | $3.4M | $6.4M | — | View 990 |
| 2012 | $13.8M | $13.3M | $3.9M | $5.8M | — | View 990 |
| 2011 | $13.0M | $13.5M | $3.4M | $5.7M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $13.9M, expenses of $13.8M, and assets of $5.4M (revenue +9.6% year-over-year).
- 2015: Revenue of $12.6M, expenses of $12.9M, and assets of $4.5M (revenue -8.4% year-over-year).
- 2014: Revenue of $13.8M, expenses of $13.4M, and assets of $4.0M (revenue +8.6% year-over-year).
- 2013: Revenue of $12.7M, expenses of $13.8M, and assets of $3.4M (revenue -7.9% year-over-year).
- 2012: Revenue of $13.8M, expenses of $13.3M, and assets of $3.9M (revenue +5.9% year-over-year).
- 2011: Revenue of $13.0M, expenses of $13.5M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Space Nyc Inc:
Data Sources and Methodology
This transparency report for Safe Space Nyc 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.