Southern Tier Independence Center Inc
Southern Tier Independence Center Inc. consistently operates with healthy surpluses and reports no officer compensation.
EIN: 161204347 · Binghamton, NY · NTEE: P80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.2M |
| Total Expenses | $16.6M |
| Program Spending | 90% |
| Net Assets | $13.4M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Southern Tier Independence Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Southern Tier Independence Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Southern Tier Independence Center Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $22.5M and expenses of $16.6M.
Revenue and Expenses
Southern Tier Independence Center Inc reported $22.5M in revenue and $16.6M in expenses, a surplus of $5.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.
Is Southern Tier Independence Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $14.9M (90%) |
Across stored filings, Southern Tier Independence Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Human Services context |
Trust Check
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Keep the Investigation Moving
Southern Tier Independence Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Tier Independence Center Inc
Southern Tier Independence Center Inc (EIN: 161204347) is a nonprofit organization based in Binghamton, NY, classified under NTEE code P80Z. The organization reported total revenue of $19.2M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Tier Independence Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Tier Independence Center Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $22.5M |
| Total Expenses | $16.6M |
| Surplus / Deficit | +$5.9M |
| Total Assets | $14.8M |
| Total Liabilities | $1.5M |
| Net Assets | $13.4M |
| Operating Margin | 26.2% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Southern Tier Independence Center Inc reported a surplus of $5.9M with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Tier Independence Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | +2.3% | +68.0% |
| 2022 | +6.0% | +5.7% | +1.0% |
| 2021 | -9.9% | -9.8% | -23.5% |
| 2020 | -9.5% | -7.8% | +29.2% |
| 2019 | -0.9% | +1.4% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Southern Tier Independence Center Inc with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Southern Tier Independence Center Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $5.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer executive leadership or that executive salaries are categorized under general administrative expenses rather than specific officer compensation, which warrants further investigation for complete transparency.
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 Southern Tier Independence Center Inc's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative expenses in provided data, making precise spending efficiency analysis challenging.
- Consistent 0% officer compensation could indicate executive salaries are hidden in other expense categories, reducing transparency.
Strengths
The following positive indicators were identified for Southern Tier Independence Center Inc:
- Consistent revenue growth, with revenue more than doubling from 2014 to 2023.
- Healthy financial surpluses reported in most years, indicating good financial management.
- Significant growth in assets, from $6.7 million in 2014 to $14.8 million in 2023.
- Consistently low liabilities relative to assets, indicating strong solvency.
- Reporting 0% officer compensation across all filings, suggesting a highly efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Southern Tier Independence Center Inc
Is Southern Tier Independence Center Inc a legitimate charity?
Southern Tier Independence Center Inc (EIN: 161204347) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Southern Tier Independence Center Inc spend its money?
Southern Tier Independence Center Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Southern Tier Independence Center Inc tax-deductible?
Southern Tier Independence Center Inc is registered as a tax-exempt nonprofit (EIN: 161204347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Southern Tier Independence Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Southern Tier Independence Center Inc is above average for NTEE category P80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Tier Independence Center Inc located?
Southern Tier Independence Center Inc is headquartered in Binghamton, New York and files with the IRS under EIN 161204347. It is classified under NTEE code P80Z.
How many years of IRS 990 filings does Southern Tier Independence Center Inc have?
Southern Tier Independence Center 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 $19.2M in total revenue.
Is Southern Tier Independence Center Inc. a good charity?
Based on the available IRS 990 data, Southern Tier Independence Center Inc. appears to be a well-managed charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, which are all positive indicators of financial health and commitment to its mission.
How has the organization's financial health changed over the last decade?
The organization has shown significant financial growth over the last decade. Revenue has increased from $9,952,384 in 2014 to $22,490,373 in 2023, and assets have more than doubled from $6,741,541 to $14,839,091 in the same period, indicating strong financial health and expansion.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This suggests that either executive roles are entirely volunteer-based, or compensation for these roles is not reported under 'officer compensation' but rather within other expense categories, which would require deeper scrutiny of their detailed expense breakdown.
Does Southern Tier Independence Center Inc. have a strong program focus?
Given the consistent surpluses and the general nature of nonprofits, a significant portion of expenses is likely directed towards programs. Without a detailed breakdown of program vs. administrative expenses, it's difficult to give an exact percentage, but the overall financial health suggests effective program delivery.
Filing History
IRS 990 filing history for Southern Tier Independence Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Tier Independence Center Inc's revenue has grown by 242.4%, moving from $6.6M to $22.5M. Total assets increased by 150.4% over the same period, from $5.9M to $14.8M. Total functional expenses rose by 147.2%, from $6.7M to $16.6M. In its most recent filing year (2023), Southern Tier Independence Center Inc reported a surplus of $5.9M, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $14.8M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $13.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.5M | $16.6M | $14.8M | $1.5M | — | View 990 |
| 2022 | $16.3M | $16.2M | $8.8M | $1.3M | — | View 990 |
| 2021 | $15.4M | $15.4M | $8.7M | $1.4M | — | View 990 |
| 2020 | $17.1M | $17.0M | $11.4M | $4.1M | — | View 990 |
| 2019 | $18.9M | $18.5M | $8.8M | $1.6M | — | View 990 |
| 2018 | $19.1M | $18.2M | $8.8M | $2.0M | — | View 990 |
| 2017 | $17.3M | $17.1M | $7.6M | $1.6M | — | — |
| 2016 | $15.0M | $14.6M | $7.5M | $1.7M | — | View 990 |
| 2015 | $11.9M | $11.5M | $6.8M | $1.3M | — | View 990 |
| 2014 | $10.0M | $9.8M | $6.7M | $1.7M | — | View 990 |
| 2013 | $8.3M | $8.2M | $6.6M | $1.7M | — | View 990 |
| 2012 | $7.8M | $7.2M | $6.1M | $1.3M | — | View 990 |
| 2011 | $6.6M | $6.7M | $5.9M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.5M, expenses of $16.6M, and assets of $14.8M (revenue +37.7% year-over-year).
- 2022: Revenue of $16.3M, expenses of $16.2M, and assets of $8.8M (revenue +6.0% year-over-year).
- 2021: Revenue of $15.4M, expenses of $15.4M, and assets of $8.7M (revenue -9.9% year-over-year).
- 2020: Revenue of $17.1M, expenses of $17.0M, and assets of $11.4M (revenue -9.5% year-over-year).
- 2019: Revenue of $18.9M, expenses of $18.5M, and assets of $8.8M (revenue -0.9% year-over-year).
- 2018: Revenue of $19.1M, expenses of $18.2M, and assets of $8.8M (revenue +10.2% year-over-year).
- 2017: Revenue of $17.3M, expenses of $17.1M, and assets of $7.6M (revenue +15.6% year-over-year).
- 2016: Revenue of $15.0M, expenses of $14.6M, and assets of $7.5M (revenue +26.2% year-over-year).
- 2015: Revenue of $11.9M, expenses of $11.5M, and assets of $6.8M (revenue +19.2% year-over-year).
- 2014: Revenue of $10.0M, expenses of $9.8M, and assets of $6.7M (revenue +19.9% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.2M, and assets of $6.6M (revenue +6.7% year-over-year).
- 2012: Revenue of $7.8M, expenses of $7.2M, and assets of $6.1M (revenue +18.5% year-over-year).
- 2011: Revenue of $6.6M, expenses of $6.7M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Tier Independence Center Inc:
Data Sources and Methodology
This transparency report for Southern Tier Independence Center 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.