Scan Harbor Inc
Scan Harbor Inc. faces significant financial contraction with consistent operating losses and declining assets over the past decade.
EIN: 136015256 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $3.4M |
| Program Spending | 75% |
| Net Assets | $4.7M |
| Transparency Score | 40/100 |
Is Scan Harbor Inc Legit?
Significant 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: 136015256) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.0M and total assets of $5.9M 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 mid-size nonprofit that has been operating for 63 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -20.5%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-382,114 |
| Total Assets | $5.9M |
| Total Liabilities | $1.2M |
| Net Assets | $4.7M |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2019, Scan Harbor Inc reported a deficit of $382K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Scan Harbor Inc's revenue has declined at a compound annual growth rate (CAGR) of -20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -41.7% | -44.7% | -11.9% |
| 2018 | -11.0% | -23.0% | -13.6% |
| 2017 | -11.3% | -10.1% | -23.7% |
| 2016 | -10.2% | -8.9% | -23.4% |
| 2015 | -0.3% | +8.0% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 40 out of 100 (Fair). 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $382K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% for all available periods, which is a positive indicator of resource allocation towards the organization's mission rather than high salaries for leadership, especially given the declining financial health.
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 operating deficits: Expenses have exceeded revenue in every reported period, leading to a continuous depletion of assets.
- Significant and sustained revenue decline: Revenue dropped from $18,716,372 in 2011 to $2,994,479 in 2019, indicating a major contraction.
- Declining asset base: Total assets have decreased from $18,672,161 in 2011 to $5,917,279 in 2019, raising concerns about long-term viability.
Strengths
The following positive indicators were identified for Scan Harbor Inc:
- Zero reported officer compensation: This indicates that no organizational funds were allocated to executive salaries, which is a positive for resource stewardship.
Frequently Asked Questions about Scan Harbor Inc
Is Scan Harbor Inc a legitimate charity?
Scan Harbor Inc (EIN: 136015256) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 40/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.0M. 3 red flags identified. 1 strength 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: 136015256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
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 136015256.
How many years of IRS 990 filings does Scan Harbor Inc have?
Scan Harbor Inc has 9 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 $3.0M in total revenue.
What caused the dramatic decline in revenue from $18.7 million in 2011 to $2.9 million in 2019?
The provided data does not specify the reasons for this significant revenue decline, but it is a critical factor impacting the organization's financial stability.
How does Scan Harbor Inc. plan to address its consistent operating deficits, where expenses frequently exceed revenue?
The filings show a pattern of expenses exceeding revenue (e.g., $3,376,593 expenses vs. $2,994,479 revenue in 2019), leading to asset depletion. A clear strategy for achieving financial sustainability is needed.
What specific programs or services does Scan Harbor Inc. provide, and how have they been impacted by the financial contraction?
The NTEE code is unknown, and the financial data alone doesn't detail program specifics or how service delivery has adapted to the reduced funding and assets.
Filing History
IRS 990 filing history for Scan Harbor Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Scan Harbor Inc's revenue has declined by 84%, moving from $18.7M to $3.0M. Total assets decreased by 68.3% over the same period, from $18.7M to $5.9M. Total functional expenses fell by 64%, from $9.4M to $3.4M. In its most recent filing year (2019), Scan Harbor Inc reported a deficit of $382K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $5.9M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3.0M | $3.4M | $5.9M | $1.2M | — | View 990 |
| 2018 | $5.1M | $6.1M | $6.7M | $1.7M | — | View 990 |
| 2017 | $5.8M | $7.9M | $7.8M | $1.8M | — | — |
| 2016 | $6.5M | $8.8M | $10.2M | $2.1M | — | View 990 |
| 2015 | $7.2M | $9.7M | $13.3M | $2.0M | — | View 990 |
| 2014 | $7.3M | $9.0M | $15.7M | $1.6M | — | View 990 |
| 2013 | $6.2M | $7.8M | $16.8M | $1.8M | — | View 990 |
| 2012 | $6.6M | $7.5M | $17.3M | $1.4M | — | View 990 |
| 2011 | $18.7M | $9.4M | $18.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3.0M, expenses of $3.4M, and assets of $5.9M (revenue -41.7% year-over-year).
- 2018: Revenue of $5.1M, expenses of $6.1M, and assets of $6.7M (revenue -11.0% year-over-year).
- 2017: Revenue of $5.8M, expenses of $7.9M, and assets of $7.8M (revenue -11.3% year-over-year).
- 2016: Revenue of $6.5M, expenses of $8.8M, and assets of $10.2M (revenue -10.2% year-over-year).
- 2015: Revenue of $7.2M, expenses of $9.7M, and assets of $13.3M (revenue -0.3% year-over-year).
- 2014: Revenue of $7.3M, expenses of $9.0M, and assets of $15.7M (revenue +18.1% year-over-year).
- 2013: Revenue of $6.2M, expenses of $7.8M, and assets of $16.8M (revenue -7.4% year-over-year).
- 2012: Revenue of $6.6M, expenses of $7.5M, and assets of $17.3M (revenue -64.5% year-over-year).
- 2011: Revenue of $18.7M, expenses of $9.4M, and assets of $18.7M.
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.