Staten Island Communituy Services Friendship Clubs Inc

Staten Island Community Services Friendship Clubs Inc. shows significant recent growth in revenue and assets, with consistent 0% reported officer compensation.

EIN: 132778244 · Staten Island, NY · NTEE: K40Z · Updated: 2026-03-28

$3.8MRevenue
$1.7MAssets
80/100Mission Score (Excellent)
K40Z
Staten Island Communituy Services Friendship Clubs Inc Financial Summary
MetricValue
Total Revenue$3.8M
Total Expenses$3.8M
Program Spending85%
CEO/Top Officer Pay$3
Net Assets$143K
Transparency Score80/100

Is Staten Island Communituy Services Friendship Clubs Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Staten Island Communituy Services Friendship Clubs Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Staten Island Communituy Services Friendship Clubs Inc

Staten Island Communituy Services Friendship Clubs Inc (EIN: 132778244) is a nonprofit organization based in Staten Island, NY, classified under NTEE code K40Z. The organization reported total revenue of $3.8M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staten Island Communituy Services Friendship Clubs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

51Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Staten Island Communituy Services Friendship Clubs Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$3.8M
Surplus / Deficit$-57,868
Total Assets$1.7M
Total Liabilities$1.5M
Net Assets$143K
Operating Margin-1.6%
Debt-to-Asset Ratio91.5%
Months of Reserves5.4 months

Financial Health Grade: C

In 2023, Staten Island Communituy Services Friendship Clubs Inc reported a deficit of $58K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 91.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Staten Island Communituy Services Friendship Clubs Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+37.4%+38.2%+170.6%
2022+23.3%+23.1%+98.1%
2021-17.2%-17.0%-4.3%
2020-3.7%-8.2%-29.5%
2019+4.5%+20.2%-26.9%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1975

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Staten Island Community Services Friendship Clubs Inc. demonstrates consistent financial activity, with revenues and expenses generally tracking closely over the past decade. The organization has shown significant growth in both revenue and assets in recent years, with revenue increasing from $2,179,028 in 2021 to $3,692,497 in 2023, and assets growing from $314,878 to $1,688,060 in the same period. This growth suggests an expanding operational scale. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990. While the filings show a pattern of expenses slightly exceeding revenue in several years, such as in 2023 ($3,750,365 expenses vs. $3,692,497 revenue), this has not significantly eroded its asset base, which has grown substantially. The organization's liabilities have also increased in proportion to its assets, particularly in the most recent filing period, where liabilities reached $1,545,283 against assets of $1,688,060. This high liability-to-asset ratio warrants closer examination to understand the nature of these liabilities and their impact on long-term financial stability. The consistent reporting of 0% officer compensation suggests a commitment to directing funds towards programs, though a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Staten Island Communituy Services Friendship Clubs Inc with a Mission Score of 80 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Staten Island Communituy Services Friendship Clubs Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$3.7MTotal Revenue
$3.8MTotal Expenses
$1.7MTotal Assets
$1.5MTotal Liabilities
$143KNet Assets
  • The organization reported a deficit of $58K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 91.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its top executives are either unpaid volunteers or compensated through mechanisms not classified as officer compensation on the IRS Form 990, which is unusual for an organization of its size with revenues exceeding $3 million.

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 Staten Island Communituy Services Friendship Clubs Inc's IRS 990 filings:

  • High liability-to-asset ratio in the latest filing ($1,545,283 liabilities vs. $1,688,060 assets), warranting further scrutiny.
  • Expenses frequently exceed revenue, as seen in 2023 ($3,750,365 expenses vs. $3,692,497 revenue), which could indicate reliance on reserves or other funding sources.

Strengths

The following positive indicators were identified for Staten Island Communituy Services Friendship Clubs Inc:

  • Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds towards programs.
  • Significant growth in revenue and assets over the past three years, indicating expanding operations and potential for increased impact.
  • Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and operational longevity.

Frequently Asked Questions about Staten Island Communituy Services Friendship Clubs Inc

Is Staten Island Communituy Services Friendship Clubs Inc a legitimate charity?

Staten Island Communituy Services Friendship Clubs Inc (EIN: 132778244) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Staten Island Communituy Services Friendship Clubs Inc spend its money?

Staten Island Communituy Services Friendship Clubs Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Staten Island Communituy Services Friendship Clubs Inc tax-deductible?

Staten Island Communituy Services Friendship Clubs Inc is registered as a tax-exempt nonprofit (EIN: 132778244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Staten Island Communituy Services Friendship Clubs Inc CEO make?

Staten Island Communituy Services Friendship Clubs Inc's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Staten Island Communituy Services Friendship Clubs Inc's spending goes to programs?

Staten Island Communituy Services Friendship Clubs Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Staten Island Communituy Services Friendship Clubs Inc compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Staten Island Communituy Services Friendship Clubs Inc is above average for NTEE category K40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Staten Island Communituy Services Friendship Clubs Inc located?

Staten Island Communituy Services Friendship Clubs Inc is headquartered in Staten Island, New York and files with the IRS under EIN 132778244. It is classified under NTEE code K40Z.

How many years of IRS 990 filings does Staten Island Communituy Services Friendship Clubs Inc have?

Staten Island Communituy Services Friendship Clubs 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 $3.8M in total revenue.

Is Staten Island Community Services Friendship Clubs Inc. financially stable given its recent increase in liabilities?

While assets have grown significantly to $1,688,060 in 2023, liabilities have also surged to $1,545,283. This high liability-to-asset ratio suggests a need for further investigation into the nature of these liabilities to assess long-term financial stability.

How does the organization manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It suggests that leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990, which could indicate a strong commitment to program spending.

What is the primary driver behind the significant revenue and asset growth observed in recent years?

Revenue increased from $2,179,028 in 2021 to $3,692,497 in 2023, and assets from $314,878 to $1,688,060 in the same period. Understanding the sources of this growth (e.g., new grants, increased donations, program expansion) would provide insight into the organization's strategic direction.

Filing History

IRS 990 filing history for Staten Island Communituy Services Friendship Clubs Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Staten Island Communituy Services Friendship Clubs Inc's revenue has grown by 62.4%, moving from $2.3M to $3.7M. Total assets increased by 177.5% over the same period, from $608K to $1.7M. Total functional expenses rose by 62.9%, from $2.3M to $3.8M. In its most recent filing year (2023), Staten Island Communituy Services Friendship Clubs Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $1.7M in assets (debt-to-asset ratio: 91.5%), resulting in net assets of $143K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.7M $3.8M $1.7M $1.5M
2022 $2.7M $2.7M $624K $423K View 990
2021 $2.2M $2.2M $315K $87K View 990
2020 $2.6M $2.7M $329K $75K View 990
2019 $2.7M $2.9M $467K $188K View 990
2018 $2.6M $2.4M $639K $167K View 990
2017 $2.3M $2.3M $475K $213K View 990
2016 $2.2M $2.3M $501K $232K View 990
2015 $2.3M $2.3M $592K $239K View 990
2014 $2.3M $2.4M $582K $188K View 990
2013 $2.6M $2.5M $806K $290K View 990
2012 $2.3M $2.3M $774K $350K View 990
2011 $2.3M $2.3M $608K $149K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.7M, expenses of $3.8M, and assets of $1.7M (revenue +37.4% year-over-year).
  • 2022: Revenue of $2.7M, expenses of $2.7M, and assets of $624K (revenue +23.3% year-over-year).
  • 2021: Revenue of $2.2M, expenses of $2.2M, and assets of $315K (revenue -17.2% year-over-year).
  • 2020: Revenue of $2.6M, expenses of $2.7M, and assets of $329K (revenue -3.7% year-over-year).
  • 2019: Revenue of $2.7M, expenses of $2.9M, and assets of $467K (revenue +4.5% year-over-year).
  • 2018: Revenue of $2.6M, expenses of $2.4M, and assets of $639K (revenue +11.6% year-over-year).
  • 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $475K (revenue +7.1% year-over-year).
  • 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $501K (revenue -4.2% year-over-year).
  • 2015: Revenue of $2.3M, expenses of $2.3M, and assets of $592K (revenue +0.7% year-over-year).
  • 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $582K (revenue -12.4% year-over-year).
  • 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $806K (revenue +13.4% year-over-year).
  • 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $774K (revenue +0.3% year-over-year).
  • 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $608K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Staten Island Communituy Services Friendship Clubs Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Staten Island Communituy Services Friendship Clubs 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.

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