Single Stop Usa Inc
Single Stop Usa Inc faces significant financial challenges with declining revenue and growing liabilities.
EIN: 208837690 · New York, NY · NTEE: P122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $6.5M |
| Program Spending | 70% |
| Net Assets | $-2,722,722 |
| Transparency Score | 45/100 |
Is Single Stop Usa Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Single Stop Usa Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Single Stop Usa Inc
Single Stop Usa Inc (EIN: 208837690) is a nonprofit organization based in New York, NY, classified under NTEE code P122. The organization reported total revenue of $4.3M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Single Stop Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Single Stop Usa Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-1,851,460 |
| Total Assets | $3.1M |
| Total Liabilities | $5.8M |
| Net Assets | $-2,722,722 |
| Operating Margin | -40.1% |
| Debt-to-Asset Ratio | 187.1% |
| Months of Reserves | 5.8 months |
Financial Health Grade: C
In 2023, Single Stop Usa Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 187.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Single Stop Usa Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | +8.8% | -15.2% |
| 2022 | -35.0% | -9.2% | -21.8% |
| 2021 | -23.2% | -21.0% | -27.7% |
| 2020 | -54.0% | -48.7% | -19.1% |
| 2019 | -22.6% | -28.9% | -21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Single Stop Usa Inc with a Mission Score of 45 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Single Stop Usa Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 187.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that either the organization's leadership is entirely volunteer-based or executive compensation is categorized under other expense lines, which could obscure a full understanding of leadership costs relative to the organization's size and declining 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 Single Stop Usa Inc's IRS 990 filings:
- Consistent operating deficits: Expenses exceeded revenue by $1,851,460 in 2023 and $2,051,710 in 2022.
- High liabilities relative to assets: Liabilities of $5,849,600 in 2023 significantly outweigh assets of $3,126,878.
- Significant and sustained revenue decline: Revenue dropped from $34,028,042 in 2014 to $4,620,267 in 2023.
- Unclear executive compensation reporting: Consistent 0% officer compensation reported across all filings, which may obscure actual leadership costs.
Strengths
The following positive indicators were identified for Single Stop Usa Inc:
- Long operational history: The organization has 14 years of filing history, indicating sustained operations over time.
Frequently Asked Questions about Single Stop Usa Inc
Is Single Stop Usa Inc a legitimate charity?
Single Stop Usa Inc (EIN: 208837690) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.3M. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does Single Stop Usa Inc spend its money?
Single Stop Usa Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Single Stop Usa Inc tax-deductible?
Single Stop Usa Inc is registered as a tax-exempt nonprofit (EIN: 208837690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Single Stop Usa Inc's spending goes to programs?
Single Stop Usa Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Single Stop Usa Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Single Stop Usa Inc is near average for NTEE category P122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Single Stop Usa Inc located?
Single Stop Usa Inc is headquartered in New York, New York and files with the IRS under EIN 208837690. It is classified under NTEE code P122.
How many years of IRS 990 filings does Single Stop Usa Inc have?
Single Stop Usa 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 $4.3M in total revenue.
Is Single Stop Usa Inc financially stable?
Based on the latest filings, Single Stop Usa Inc is not financially stable. Its liabilities ($5,849,600 in 2023) significantly exceed its assets ($3,126,878), and it has consistently operated at a deficit in recent years, with expenses exceeding revenue by $1,851,460 in 2023.
Why has Single Stop Usa Inc's revenue declined so sharply?
Single Stop Usa Inc's revenue has declined dramatically from $34,028,042 in 2014 to $4,620,267 in 2023. The provided data does not specify the reasons for this decline, but it indicates a significant reduction in funding or operational scale over the past decade.
What is the organization's plan to address its growing liabilities?
The IRS 990 data shows liabilities of $5,849,600 in 2023, which are nearly double its assets. The filings do not detail the organization's specific plans to address these liabilities or return to a solvent financial position.
Filing History
IRS 990 filing history for Single Stop Usa Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Single Stop Usa Inc's revenue has declined by 78.7%, moving from $21.7M to $4.6M. Total assets decreased by 76.5% over the same period, from $13.3M to $3.1M. Total functional expenses fell by 66%, from $19.1M to $6.5M. In its most recent filing year (2023), Single Stop Usa Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $5.8M in liabilities against $3.1M in assets (debt-to-asset ratio: 187.1%), resulting in net assets of $-2,722,722.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $6.5M | $3.1M | $5.8M | — | — |
| 2022 | $3.9M | $5.9M | $3.7M | $4.6M | — | — |
| 2021 | $6.0M | $6.6M | $4.7M | $3.5M | — | View 990 |
| 2020 | $7.8M | $8.3M | $6.5M | $4.8M | — | View 990 |
| 2019 | $17.0M | $16.2M | $8.1M | $5.8M | — | View 990 |
| 2018 | $21.9M | $22.7M | $10.3M | $8.9M | — | View 990 |
| 2017 | $12.7M | $12.4M | $11.8M | $9.5M | — | View 990 |
| 2016 | $16.5M | $21.9M | $10.0M | $5.6M | — | View 990 |
| 2015 | $25.0M | $26.4M | $17.3M | $5.5M | — | View 990 |
| 2014 | $34.0M | $28.4M | $16.1M | $2.9M | — | View 990 |
| 2013 | $26.9M | $24.5M | $13.3M | $5.7M | — | View 990 |
| 2012 | $21.2M | $21.6M | $12.7M | $7.6M | — | View 990 |
| 2011 | $20.4M | $21.1M | $12.3M | $6.8M | — | View 990 |
| 2010 | $21.7M | $19.1M | $13.3M | $7.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $6.5M, and assets of $3.1M (revenue +18.6% year-over-year).
- 2022: Revenue of $3.9M, expenses of $5.9M, and assets of $3.7M (revenue -35.0% year-over-year).
- 2021: Revenue of $6.0M, expenses of $6.6M, and assets of $4.7M (revenue -23.2% year-over-year).
- 2020: Revenue of $7.8M, expenses of $8.3M, and assets of $6.5M (revenue -54.0% year-over-year).
- 2019: Revenue of $17.0M, expenses of $16.2M, and assets of $8.1M (revenue -22.6% year-over-year).
- 2018: Revenue of $21.9M, expenses of $22.7M, and assets of $10.3M (revenue +73.1% year-over-year).
- 2017: Revenue of $12.7M, expenses of $12.4M, and assets of $11.8M (revenue -23.1% year-over-year).
- 2016: Revenue of $16.5M, expenses of $21.9M, and assets of $10.0M (revenue -34.1% year-over-year).
- 2015: Revenue of $25.0M, expenses of $26.4M, and assets of $17.3M (revenue -26.6% year-over-year).
- 2014: Revenue of $34.0M, expenses of $28.4M, and assets of $16.1M (revenue +26.5% year-over-year).
- 2013: Revenue of $26.9M, expenses of $24.5M, and assets of $13.3M (revenue +26.7% year-over-year).
- 2012: Revenue of $21.2M, expenses of $21.6M, and assets of $12.7M (revenue +3.9% year-over-year).
- 2011: Revenue of $20.4M, expenses of $21.1M, and assets of $12.3M (revenue -5.7% year-over-year).
- 2010: Revenue of $21.7M, expenses of $19.1M, and assets of $13.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Single Stop Usa Inc:
Data Sources and Methodology
This transparency report for Single Stop Usa 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.