Sryt Inc
Sryt Inc maintains consistent revenue levels with no reported officer compensation, but assets have declined over the past decade.
EIN: 203677123 · Glen Rock, NJ · NTEE: A65 · Updated: 2026-03-28
About Sryt Inc
Sryt Inc (EIN: 203677123) is a nonprofit organization based in Glen Rock, NJ, classified under NTEE code A65. The organization reported total revenue of $236K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sryt Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sryt Inc with a Mission Score of 70 out of 100 (Good). 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, Sryt 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.
Executive Compensation Analysis
Sryt Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation.
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 Sryt Inc's IRS 990 filings:
- Significant decline in assets from $78,445 in 2015 to $36,404 currently, indicating reduced financial reserves.
- Periods of substantial liabilities, such as $77,290 in 2021 and 2022, which could signal financial strain.
Strengths
The following positive indicators were identified for Sryt Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds for leadership.
- Maintained consistent revenue generation over a decade, with latest revenue at $236,140.
Frequently Asked Questions about Sryt Inc
What caused the significant liabilities of $77,290 in 2021 and 2022?
The provided data does not specify the nature of these liabilities, but their presence suggests significant financial obligations during those periods.
Why have Sryt Inc's assets declined from $78,445 in 2015 to $36,404 currently?
The decline in assets could be due to expenses exceeding revenue in certain years (e.g., 2021 where expenses were $196,611 against revenue of $142,884) or strategic asset utilization, but the exact reasons are not detailed in the summary.
How does Sryt Inc manage to operate without officer compensation?
Operating without officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means not classified as officer compensation, or that the organization is very small and relies heavily on volunteer efforts.
Filing History
IRS 990 filing history for Sryt Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sryt Inc's revenue has declined by 2.1%, moving from $215K to $210K. Total assets decreased by 37.8% over the same period, from $82K to $51K. Total functional expenses fell by 10.5%, from $217K to $194K. In its most recent filing year (2023), Sryt Inc reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $194K | $51K | $0 | — | View 990 |
| 2022 | $164K | $158K | $47K | $77K | — | View 990 |
| 2021 | $143K | $197K | $50K | $77K | — | View 990 |
| 2020 | $111K | $142K | $38K | $12K | — | View 990 |
| 2019 | $219K | $213K | $58K | $0 | — | View 990 |
| 2018 | $161K | $164K | $52K | $0 | — | View 990 |
| 2017 | $173K | $188K | $52K | $0 | — | View 990 |
| 2016 | $190K | $188K | $67K | $0 | — | View 990 |
| 2015 | $211K | $204K | $78K | $14K | — | View 990 |
| 2014 | $210K | $208K | $75K | $17K | — | View 990 |
| 2013 | $199K | $195K | $84K | $0 | — | View 990 |
| 2012 | $217K | $219K | $78K | $-2,953 | — | View 990 |
| 2011 | $215K | $217K | $82K | $218 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $194K, and assets of $51K (revenue +28.1% year-over-year).
- 2022: Revenue of $164K, expenses of $158K, and assets of $47K (revenue +14.8% year-over-year).
- 2021: Revenue of $143K, expenses of $197K, and assets of $50K (revenue +29.1% year-over-year).
- 2020: Revenue of $111K, expenses of $142K, and assets of $38K (revenue -49.5% year-over-year).
- 2019: Revenue of $219K, expenses of $213K, and assets of $58K (revenue +35.8% year-over-year).
- 2018: Revenue of $161K, expenses of $164K, and assets of $52K (revenue -6.9% year-over-year).
- 2017: Revenue of $173K, expenses of $188K, and assets of $52K (revenue -8.7% year-over-year).
- 2016: Revenue of $190K, expenses of $188K, and assets of $67K (revenue -10.1% year-over-year).
- 2015: Revenue of $211K, expenses of $204K, and assets of $78K (revenue +0.3% year-over-year).
- 2014: Revenue of $210K, expenses of $208K, and assets of $75K (revenue +5.8% year-over-year).
- 2013: Revenue of $199K, expenses of $195K, and assets of $84K (revenue -8.3% year-over-year).
- 2012: Revenue of $217K, expenses of $219K, and assets of $78K (revenue +1.0% year-over-year).
- 2011: Revenue of $215K, expenses of $217K, and assets of $82K.
Data Sources and Methodology
This transparency report for Sryt 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.