Sand Lake West Business Park Inc
Sand Lake West Business Park Inc. consistently reports zero expenses despite millions in revenue and assets.
EIN: 133794420 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.6M |
| CEO/Top Officer Pay | $55 |
| Net Assets | $54.9M |
| Transparency Score | 10/100 |
Is Sand Lake West Business Park Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sand Lake West Business Park Inc
Sand Lake West Business Park Inc (EIN: 133794420) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.6M and total assets of $55.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sand Lake West Business Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sand Lake West Business Park Inc is a large nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $0 |
| Surplus / Deficit | +$2.4M |
| Total Assets | $56.5M |
| Total Liabilities | $1.6M |
| Net Assets | $54.9M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 2.9% |
Financial Health Grade: A
In 2023, Sand Lake West Business Park Inc reported a surplus of $2.4M with revenue exceeding expenses, has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sand Lake West Business Park Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | — | +1.4% |
| 2022 | -33.8% | — | -0.3% |
| 2021 | +5.0% | — | -1.3% |
| 2020 | +4.8% | — | -1.1% |
| 2019 | +9.2% | — | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Sand Lake West Business Park Inc with a Mission Score of 10 out of 100 (Very 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Sand Lake West Business Park Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no salaries are paid to officers, which is unusual for an organization with over $55 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 Sand Lake West Business Park Inc's IRS 990 filings:
- Consistent reporting of $0 expenses across all available filings (2014-2023) despite significant revenue and assets.
- Inability to assess program spending or operational efficiency due to lack of expense data.
- NTEE Code is unknown, hindering understanding of its stated purpose.
- Significant liabilities in some years (e.g., $62,326,266 in 2022) without corresponding expenses or clear explanations.
Strengths
The following positive indicators were identified for Sand Lake West Business Park Inc:
- Consistent growth in assets over the decade, from $40.5 million in 2014 to $56.5 million in 2023.
- No reported officer compensation, indicating no direct salary costs for executives.
Frequently Asked Questions about Sand Lake West Business Park Inc
Is Sand Lake West Business Park Inc a legitimate charity?
Sand Lake West Business Park Inc (EIN: 133794420) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 10/100. It has 14 years of IRS 990 filings on record. Total revenue: $11.6M. 4 red flags identified. 2 strengths noted. Financial health grade: A.
How does Sand Lake West Business Park Inc spend its money?
Sand Lake West Business Park Inc reported $11.6M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sand Lake West Business Park Inc tax-deductible?
Sand Lake West Business Park Inc is registered as a tax-exempt nonprofit (EIN: 133794420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sand Lake West Business Park Inc CEO make?
Sand Lake West Business Park Inc's highest-compensated officer earns $55 annually. The organization reported $11.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Sand Lake West Business Park Inc located?
Sand Lake West Business Park Inc is headquartered in New York, New York and files with the IRS under EIN 133794420.
How many years of IRS 990 filings does Sand Lake West Business Park Inc have?
Sand Lake West Business Park 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 $11.6M in total revenue.
Is Sand Lake West Business Park Inc. a good charity?
Based on the available IRS 990 data, it is impossible to determine if Sand Lake West Business Park Inc. is a 'good charity' because it consistently reports zero expenses, making it impossible to assess program spending, efficiency, or impact.
How does Sand Lake West Business Park Inc. use its revenue?
The IRS 990 filings do not provide insight into how Sand Lake West Business Park Inc. uses its revenue, as all filings from 2014 to 2023 report $0 in expenses, despite significant revenue generation.
What is the purpose of Sand Lake West Business Park Inc. if it has no expenses?
The filings do not clarify the operational purpose or activities of Sand Lake West Business Park Inc. given its consistent reporting of zero expenses, which is highly unusual for a nonprofit with substantial assets and revenue.
Filing History
IRS 990 filing history for Sand Lake West Business Park Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sand Lake West Business Park Inc's revenue has declined by 11.1%, moving from $2.6M to $2.4M. Total assets increased by 61.2% over the same period, from $35.1M to $56.5M. The organization holds $1.6M in liabilities against $56.5M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $54.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $0 | $56.5M | $1.6M | — | — |
| 2022 | $3.4M | $0 | $55.8M | $62.3M | — | View 990 |
| 2021 | $5.2M | $0 | $56.0M | $1.5M | — | View 990 |
| 2020 | $4.9M | $0 | $56.7M | $1.5M | — | View 990 |
| 2019 | $4.7M | $0 | $57.3M | $1.1M | — | View 990 |
| 2018 | $4.3M | $0 | $56.9M | $882K | — | View 990 |
| 2017 | $3.5M | $0 | $49.5M | $802K | — | View 990 |
| 2016 | $3.2M | $0 | $41.4M | $1.6M | — | View 990 |
| 2015 | $2.4M | $0 | $41.2M | $1.5M | — | View 990 |
| 2014 | $2.2M | $0 | $40.5M | $615K | — | View 990 |
| 2013 | $2.0M | $0 | $40.7M | $458K | — | View 990 |
| 2012 | $1.7M | $0 | $37.7M | $618K | — | View 990 |
| 2011 | $2.5M | $0 | $38.0M | $623K | — | View 990 |
| 2010 | $2.6M | $0 | $35.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $0, and assets of $56.5M (revenue -31.2% year-over-year).
- 2022: Revenue of $3.4M, expenses of $0, and assets of $55.8M (revenue -33.8% year-over-year).
- 2021: Revenue of $5.2M, expenses of $0, and assets of $56.0M (revenue +5.0% year-over-year).
- 2020: Revenue of $4.9M, expenses of $0, and assets of $56.7M (revenue +4.8% year-over-year).
- 2019: Revenue of $4.7M, expenses of $0, and assets of $57.3M (revenue +9.2% year-over-year).
- 2018: Revenue of $4.3M, expenses of $0, and assets of $56.9M (revenue +23.9% year-over-year).
- 2017: Revenue of $3.5M, expenses of $0, and assets of $49.5M (revenue +10.0% year-over-year).
- 2016: Revenue of $3.2M, expenses of $0, and assets of $41.4M (revenue +29.6% year-over-year).
- 2015: Revenue of $2.4M, expenses of $0, and assets of $41.2M (revenue +12.9% year-over-year).
- 2014: Revenue of $2.2M, expenses of $0, and assets of $40.5M (revenue +8.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $0, and assets of $40.7M (revenue +17.4% year-over-year).
- 2012: Revenue of $1.7M, expenses of $0, and assets of $37.7M (revenue -33.3% year-over-year).
- 2011: Revenue of $2.5M, expenses of $0, and assets of $38.0M (revenue -4.2% year-over-year).
- 2010: Revenue of $2.6M, expenses of $0, and assets of $35.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sand Lake West Business Park Inc:
Data Sources and Methodology
This transparency report for Sand Lake West Business Park 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.