Scan Harbor Inc
Scan Harbor Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 132912963 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.9M |
| Total Expenses | $23.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $11.2M |
| Transparency Score | 85/100 |
Is Scan Harbor Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scan Harbor Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scan Harbor Inc
Scan Harbor Inc (EIN: 132912963) is a nonprofit organization based in New York, NY. The organization reported total revenue of $22.9M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scan Harbor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scan Harbor Inc is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.4M |
| Total Expenses | $23.6M |
| Surplus / Deficit | $-233,427 |
| Total Assets | $21.9M |
| Total Liabilities | $10.7M |
| Net Assets | $11.2M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 48.7% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Scan Harbor Inc reported a deficit of $233K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 48.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Scan Harbor Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +16.1% | +12.4% |
| 2022 | +48.4% | +19.3% | +4.5% |
| 2021 | -16.1% | -10.0% | -1.1% |
| 2020 | +17.1% | +19.2% | +85.4% |
| 2019 | +9.3% | +11.5% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Scan Harbor 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, Scan Harbor 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 deficit of $233K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.7%.
Executive Compensation Analysis
Scan Harbor Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with over $23 million in annual revenue and $21 million in assets. This suggests either a unique compensation structure where leadership is not paid or compensated through other means, or that the organization relies heavily on volunteer leadership.
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 Scan Harbor Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported in other categories or a unique leadership structure.
Strengths
The following positive indicators were identified for Scan Harbor Inc:
- Consistent revenue growth, increasing from $10.5 million in 2014 to $23.3 million in 2023.
- Significant asset growth, nearly tripling from $8.6 million in 2014 to $21.8 million in 2023.
- Generally stable financial operations with expenses largely in line with revenue over the long term.
Frequently Asked Questions about Scan Harbor Inc
Is Scan Harbor Inc a legitimate charity?
Scan Harbor Inc (EIN: 132912963) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $22.9M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Scan Harbor Inc spend its money?
Scan Harbor Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Scan Harbor Inc tax-deductible?
Scan Harbor Inc is registered as a tax-exempt nonprofit (EIN: 132912963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Scan Harbor Inc CEO make?
Scan Harbor Inc's highest-compensated officer earns $23 annually. The organization reported $22.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Scan Harbor Inc's spending goes to programs?
Scan Harbor Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Scan Harbor Inc located?
Scan Harbor Inc is headquartered in New York, New York and files with the IRS under EIN 132912963.
How many years of IRS 990 filings does Scan Harbor Inc have?
Scan Harbor 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 $22.9M in total revenue.
Is Scan Harbor Inc. financially stable?
Yes, Scan Harbor Inc. appears financially stable, demonstrating consistent revenue growth from $10.5 million in 2014 to $23.3 million in 2023, and a significant increase in assets from $8.6 million to $21.8 million over the same period.
How has Scan Harbor Inc.'s asset base changed over time?
Scan Harbor Inc.'s assets have nearly tripled over the past decade, growing from $8.6 million in 2014 to $21.8 million in 2023, indicating strong financial growth and resource accumulation.
What is the trend in Scan Harbor Inc.'s revenue and expenses?
Scan Harbor Inc. has shown a strong upward trend in revenue, increasing from $10.5 million in 2014 to $23.3 million in 2023. Expenses have generally tracked revenue, though in some years like 2023, expenses ($23.6 million) slightly exceeded revenue ($23.3 million).
Does Scan Harbor Inc. pay its officers?
According to the provided IRS 990 data, Scan Harbor Inc. consistently reports 0% officer compensation across all available filings, which is an unusual but notable financial characteristic.
Filing History
IRS 990 filing history for Scan Harbor Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scan Harbor Inc's revenue has grown by 58.3%, moving from $14.8M to $23.4M. Total assets increased by 155.6% over the same period, from $8.6M to $21.9M. Total functional expenses rose by 63.2%, from $14.5M to $23.6M. In its most recent filing year (2023), Scan Harbor Inc reported a deficit of $233K, with expenses exceeding revenue. The organization holds $10.7M in liabilities against $21.9M in assets (debt-to-asset ratio: 48.7%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.4M | $23.6M | $21.9M | $10.7M | — | View 990 |
| 2022 | $23.3M | $20.4M | $19.5M | $8.1M | — | View 990 |
| 2021 | $15.7M | $17.1M | $18.6M | $7.8M | — | View 990 |
| 2020 | $18.7M | $18.9M | $18.8M | $7.9M | — | View 990 |
| 2019 | $16.0M | $15.9M | $10.2M | $3.0M | — | View 990 |
| 2018 | $14.6M | $14.2M | $9.8M | $2.9M | — | View 990 |
| 2017 | $13.4M | $13.7M | $8.1M | $1.7M | — | View 990 |
| 2016 | $14.2M | $14.1M | $8.1M | $1.7M | — | View 990 |
| 2015 | $11.3M | $12.8M | $8.3M | $1.7M | — | View 990 |
| 2014 | $10.6M | $11.0M | $8.7M | $1.6M | — | View 990 |
| 2013 | $10.1M | $10.7M | $9.2M | $2.0M | — | View 990 |
| 2012 | $13.1M | $13.2M | $8.9M | $1.7M | — | View 990 |
| 2011 | $14.8M | $14.5M | $8.6M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.4M, expenses of $23.6M, and assets of $21.9M (revenue +0.6% year-over-year).
- 2022: Revenue of $23.3M, expenses of $20.4M, and assets of $19.5M (revenue +48.4% year-over-year).
- 2021: Revenue of $15.7M, expenses of $17.1M, and assets of $18.6M (revenue -16.1% year-over-year).
- 2020: Revenue of $18.7M, expenses of $18.9M, and assets of $18.8M (revenue +17.1% year-over-year).
- 2019: Revenue of $16.0M, expenses of $15.9M, and assets of $10.2M (revenue +9.3% year-over-year).
- 2018: Revenue of $14.6M, expenses of $14.2M, and assets of $9.8M (revenue +8.7% year-over-year).
- 2017: Revenue of $13.4M, expenses of $13.7M, and assets of $8.1M (revenue -5.7% year-over-year).
- 2016: Revenue of $14.2M, expenses of $14.1M, and assets of $8.1M (revenue +26.0% year-over-year).
- 2015: Revenue of $11.3M, expenses of $12.8M, and assets of $8.3M (revenue +6.8% year-over-year).
- 2014: Revenue of $10.6M, expenses of $11.0M, and assets of $8.7M (revenue +4.5% year-over-year).
- 2013: Revenue of $10.1M, expenses of $10.7M, and assets of $9.2M (revenue -22.9% year-over-year).
- 2012: Revenue of $13.1M, expenses of $13.2M, and assets of $8.9M (revenue -11.1% year-over-year).
- 2011: Revenue of $14.8M, expenses of $14.5M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scan Harbor Inc:
Data Sources and Methodology
This transparency report for Scan Harbor 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.