Scenic Hudson Inc
Scenic Hudson Inc shows strong financial growth and zero reported officer compensation across all filings.
EIN: 132898799 · Poughkeepsie, NY · NTEE: C320 · Updated: 2026-03-28
Is Scenic Hudson Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scenic Hudson Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scenic Hudson Inc
Scenic Hudson Inc (EIN: 132898799) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code C320. The organization reported total revenue of $23.2M and total assets of $62.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scenic Hudson Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scenic Hudson Inc is a large nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.8M |
| Total Expenses | $11.7M |
| Surplus / Deficit | +$11.1M |
| Total Assets | $51.8M |
| Total Liabilities | $1.5M |
| Net Assets | $50.3M |
| Operating Margin | 48.5% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 53.0 months |
Financial Health Grade: A
In 2023, Scenic Hudson Inc reported a surplus of $11.1M with revenue exceeding expenses, holds 53.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Scenic Hudson Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.2% | +0.1% | +35.7% |
| 2022 | +29.0% | +13.1% | -8.0% |
| 2021 | +3.2% | -22.3% | +11.1% |
| 2020 | -46.0% | +36.0% | +0.6% |
| 2019 | +153.6% | +14.7% | +25.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Scenic Hudson Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Scenic Hudson Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $11.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Scenic Hudson Inc consistently reports 0% officer compensation across all 12 available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with over $22 million in revenue.
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 Scenic Hudson Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets, which could indicate conservative accounting or specific funding structures.
- The consistent 0% officer compensation is highly unusual for an organization of this size and could warrant further investigation into how leadership is compensated, if at all, to ensure full transparency.
Strengths
The following positive indicators were identified for Scenic Hudson Inc:
- Strong and consistent asset growth, from $24 million in 2014 to over $51 million in 2023, indicating financial stability and capacity.
- Healthy revenue streams, with the latest period (202306) showing $22,778,173 in revenue against $11,721,297 in expenses, resulting in a significant surplus.
- Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all 12 filings.
- Consistent positive net income in most recent years, demonstrating effective financial management and sustainability.
- Low liabilities relative to assets, indicating a strong balance sheet and minimal financial risk.
Frequently Asked Questions about Scenic Hudson Inc
Is Scenic Hudson Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scenic Hudson Inc (EIN: 132898799) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Scenic Hudson Inc spend its money?
Scenic Hudson Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scenic Hudson Inc tax-deductible?
Scenic Hudson Inc is registered as a tax-exempt nonprofit (EIN: 132898799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Scenic Hudson Inc a good charity?
Based on its financial data, Scenic Hudson Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings.
How has Scenic Hudson Inc's financial health changed over time?
Scenic Hudson Inc has shown significant financial growth. Its assets have more than doubled from $24,001,729 in 2014 to $51,757,863 in 2023, and revenue has generally trended upwards, indicating robust financial health and increasing capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting that its officers, directors, trustees, and key employees are either unpaid volunteers or compensated through other means not reported in this section, which is a highly unusual and transparent practice for an organization of this scale.
Filing History
IRS 990 filing history for Scenic Hudson Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Scenic Hudson Inc's revenue has grown by 208.5%, moving from $7.4M to $22.8M. Total assets increased by 52.4% over the same period, from $34.0M to $51.8M. Total functional expenses rose by 111.6%, from $5.5M to $11.7M. In its most recent filing year (2023), Scenic Hudson Inc reported a surplus of $11.1M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $51.8M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $50.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.8M | $11.7M | $51.8M | $1.5M | — | View 990 |
| 2022 | $14.9M | $11.7M | $38.1M | $968K | — | View 990 |
| 2021 | $11.5M | $10.4M | $41.4M | $2.0M | — | View 990 |
| 2020 | $11.2M | $13.3M | $37.3M | $3.4M | — | View 990 |
| 2019 | $20.7M | $9.8M | $37.1M | $1.2M | — | View 990 |
| 2018 | $8.2M | $8.5M | $29.5M | $805K | — | View 990 |
| 2017 | $10.0M | $7.4M | $28.5M | $587K | — | View 990 |
| 2016 | $8.1M | $7.2M | $24.0M | $469K | — | View 990 |
| 2015 | $7.0M | $7.1M | $23.8M | $623K | — | View 990 |
| 2014 | $7.7M | $15.0M | $24.0M | $406K | — | View 990 |
| 2013 | $7.3M | $5.8M | $36.5M | $7.2M | — | View 990 |
| 2012 | $7.4M | $5.5M | $34.0M | $7.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.8M, expenses of $11.7M, and assets of $51.8M (revenue +53.2% year-over-year).
- 2022: Revenue of $14.9M, expenses of $11.7M, and assets of $38.1M (revenue +29.0% year-over-year).
- 2021: Revenue of $11.5M, expenses of $10.4M, and assets of $41.4M (revenue +3.2% year-over-year).
- 2020: Revenue of $11.2M, expenses of $13.3M, and assets of $37.3M (revenue -46.0% year-over-year).
- 2019: Revenue of $20.7M, expenses of $9.8M, and assets of $37.1M (revenue +153.6% year-over-year).
- 2018: Revenue of $8.2M, expenses of $8.5M, and assets of $29.5M (revenue -18.1% year-over-year).
- 2017: Revenue of $10.0M, expenses of $7.4M, and assets of $28.5M (revenue +22.8% year-over-year).
- 2016: Revenue of $8.1M, expenses of $7.2M, and assets of $24.0M (revenue +15.1% year-over-year).
- 2015: Revenue of $7.0M, expenses of $7.1M, and assets of $23.8M (revenue -8.7% year-over-year).
- 2014: Revenue of $7.7M, expenses of $15.0M, and assets of $24.0M (revenue +5.6% year-over-year).
- 2013: Revenue of $7.3M, expenses of $5.8M, and assets of $36.5M (revenue -1.0% year-over-year).
- 2012: Revenue of $7.4M, expenses of $5.5M, and assets of $34.0M.
Data Sources and Methodology
This transparency report for Scenic Hudson 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.