Salvadori Center Ltd

Salvadori Center Ltd shows fluctuating revenue and expenses, with a recent deficit and increased liabilities, but maintains strong assets and zero reported officer compensation.

EIN: 112883503 · New York, NY · NTEE: A400 · Updated: 2026-03-28

$3.1MRevenue

$2.6MAssets

88/100Mission Score (Excellent)

A400

About Salvadori Center Ltd

Salvadori Center Ltd (EIN: 112883503) is a nonprofit organization based in New York, NY, classified under NTEE code A400. The organization reported total revenue of $3.1M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salvadori Center Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Salvadori Center Ltd demonstrates a generally stable financial position with fluctuating but overall increasing revenue and assets over the past decade. In the latest reported period (202306), the organization experienced a deficit, with expenses of $2,418,700 exceeding revenue of $1,869,808. This contrasts with the prior period (202206) where revenue significantly outpaced expenses ($3,011,690 vs. $2,082,718), indicating some variability in financial performance. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and efficient use of funds, as it suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization operates with a volunteer leadership structure. The increase in liabilities in 202306 to $707,011 from $178,623 in 202206 warrants attention, though total assets remain robust at $2,735,051, suggesting solvency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Salvadori Center Ltd with a Mission Score of 88 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, Salvadori Center Ltd 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.

Executive Compensation Analysis

The Salvadori Center Ltd consistently reports 0% officer compensation across all available filings, indicating a highly efficient use of funds regarding executive pay or a volunteer-led executive structure, which is commendable for an organization of its size with assets over $2.5 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 Salvadori Center Ltd's IRS 990 filings:

Significant increase in liabilities in the latest fiscal year (202306) to $707,011 from $178,623 in 202206.
Expenses ($2,418,700) exceeded revenue ($1,869,808) in the latest fiscal year (202306), resulting in a deficit.

Strengths

The following positive indicators were identified for Salvadori Center Ltd:

Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship.
Healthy asset base, with assets consistently above $2 million in recent years, reaching $2,735,051 in 202306.
Demonstrated ability to generate substantial revenue, exceeding $3 million in 202206.
Long history of IRS 990 filings (11 filings), indicating consistent operation and transparency.

Frequently Asked Questions about Salvadori Center Ltd

Is Salvadori Center Ltd a good charity?

Based on the available data, Salvadori Center Ltd appears to be a good charity. It consistently reports 0% officer compensation, indicating strong financial stewardship regarding executive pay. While there was a deficit in the latest fiscal year (202306), the organization has a history of strong program spending and healthy asset levels.

What caused the significant increase in liabilities in 202306?

The IRS 990 data shows liabilities increased from $178,623 in 202206 to $707,011 in 202306. Without further detail from the full 990 filing, the specific cause cannot be determined, but it warrants further investigation to understand if it's due to program expansion, capital expenditures, or other financial obligations.

How does the organization manage to have 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that either the organization's executive leadership is entirely volunteer-based, or their compensation is categorized differently within the IRS 990, or they are compensated through an affiliated entity not reflected in this specific line item. This practice is highly unusual for an organization with over $2.5 million in assets and indicates a strong commitment to directing funds towards its mission.

Filing History

IRS 990 filing history for Salvadori Center Ltd showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Salvadori Center Ltd's revenue has grown by 39.4%, moving from $1.3M to $1.9M. Total assets increased by 74.4% over the same period, from $1.6M to $2.7M. Total functional expenses rose by 121.4%, from $1.1M to $2.4M. In its most recent filing year (2023), Salvadori Center Ltd reported a deficit of $549K, with expenses exceeding revenue. The organization holds $707K in liabilities against $2.7M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $2.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.9M	$2.4M	$2.7M	$707K	—	View 990
2022	$3.0M	$2.1M	$2.7M	$179K	—	View 990
2021	$1.7M	$1.9M	$2.1M	$305K	—	View 990
2020	$1.6M	$2.0M	$2.3M	$391K	—	View 990
2018	$2.0M	$1.7M	$2.4M	$105K	—	View 990
2017	$1.8M	$1.6M	$2.2M	$91K	—	View 990
2015	$1.3M	$1.1M	$2.0M	$58K	—	View 990
2014	$990K	$1.0M	$1.9M	$70K	—	View 990
2013	$1.4M	$1.2M	$1.8M	$47K	—	View 990
2012	$1.1M	$1.0M	$1.6M	$36K	—	View 990
2011	$1.3M	$1.1M	$1.6M	$108K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.9M, expenses of $2.4M, and assets of $2.7M (revenue -37.9% year-over-year).
2022: Revenue of $3.0M, expenses of $2.1M, and assets of $2.7M (revenue +72.5% year-over-year).
2021: Revenue of $1.7M, expenses of $1.9M, and assets of $2.1M (revenue +11.8% year-over-year).
2020: Revenue of $1.6M, expenses of $2.0M, and assets of $2.3M (revenue -22.5% year-over-year).
2018: Revenue of $2.0M, expenses of $1.7M, and assets of $2.4M (revenue +14.5% year-over-year).
2017: Revenue of $1.8M, expenses of $1.6M, and assets of $2.2M (revenue +40.5% year-over-year).
2015: Revenue of $1.3M, expenses of $1.1M, and assets of $2.0M (revenue +26.5% year-over-year).
2014: Revenue of $990K, expenses of $1.0M, and assets of $1.9M (revenue -28.2% year-over-year).
2013: Revenue of $1.4M, expenses of $1.2M, and assets of $1.8M (revenue +24.7% year-over-year).
2012: Revenue of $1.1M, expenses of $1.0M, and assets of $1.6M (revenue -17.6% year-over-year).
2011: Revenue of $1.3M, expenses of $1.1M, and assets of $1.6M.

Data Sources and Methodology

This transparency report for Salvadori Center Ltd 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.