Staten Island Mental Health Society Inc

Staten Island Mental Health Society Inc. faces severe financial distress with assets depleted to $0 and revenue sharply declined.

EIN: 135623279 · Staten Island, NY · NTEE: F80Z · Updated: 2026-03-28

$7.2MRevenue

$0Assets

30/100Mission Score (Poor)

F80Z

About Staten Island Mental Health Society Inc

Staten Island Mental Health Society Inc (EIN: 135623279) is a nonprofit organization based in Staten Island, NY, classified under NTEE code F80Z. The organization reported total revenue of $7.2M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staten Island Mental Health Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Staten Island Mental Health Society Inc. exhibits a concerning financial trend, with its latest reported revenue of $7,247,855 representing a significant decline from its historical average of over $17 million. While the provided data does not include detailed expense breakdowns for the latest period, historical filings show expenses often exceeding revenue, such as in 201806 where expenses were $17,694,884 against $17,253,642 in revenue. The organization's assets have also decreased from a high of $16,207,072 in 201106 to $0 in the latest report, which is a critical red flag requiring further investigation into the disposition of these assets and the organization's current operational capacity.

The consistent reporting of 0% officer compensation across all historical filings suggests either a fully volunteer-led executive team or that compensation is reported under different categories, which could impact transparency. The lack of detailed expense allocation (program, admin, fundraising) in the provided data for the latest period makes a precise assessment of spending efficiency challenging. However, the dramatic drop in revenue and complete depletion of assets raise serious questions about the organization's financial stability and long-term viability, regardless of historical spending ratios.

Given the significant financial changes, including the reported $0 in assets and the substantial drop in revenue, the organization's current financial health appears precarious. Without more recent detailed expense data, it's difficult to fully assess spending efficiency, but the overall financial trajectory indicates a need for immediate and thorough scrutiny. The consistent 0% officer compensation, while potentially positive for resource allocation, also warrants clarification to ensure full transparency regarding executive leadership costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Staten Island Mental Health Society Inc with a Mission Score of 30 out of 100 (Poor). 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, Staten Island Mental Health Society 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

Executive compensation is consistently reported as 0% across all historical filings, which is unusual for an organization of its former size and could indicate either a fully volunteer executive team or that compensation is categorized differently, warranting further clarification 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 Staten Island Mental Health Society Inc's IRS 990 filings:

Latest reported assets are $0, a complete depletion from previous years' multi-million dollar assets.
Latest revenue of $7,247,855 is a drastic decrease from historical revenues consistently over $16 million.
Historical expenses frequently exceeded revenue, indicating potential operational deficits (e.g., 201806: Expenses $17,694,884 vs. Revenue $17,253,642).
Significant financial instability indicated by the sharp decline in both assets and revenue.
Lack of detailed expense breakdown for the latest period prevents a current assessment of spending efficiency.

Strengths

The following positive indicators were identified for Staten Island Mental Health Society Inc:

Historically, the organization managed significant operational budgets, often exceeding $16 million annually.
Consistent reporting of 0% officer compensation, if accurate, suggests a commitment to directing funds away from executive salaries.

Frequently Asked Questions about Staten Island Mental Health Society Inc

What caused the dramatic decline in revenue from over $17 million to $7,247,855?

The provided data shows a significant drop in revenue, but the specific reasons for this decline are not detailed in the filings.

Why are the organization's assets now reported as $0, down from over $12 million in previous years?

The complete depletion of assets is a critical concern that requires an explanation regarding asset disposition and the organization's current financial standing.

How is the organization currently funding its operations with $0 in assets and significantly reduced revenue?

With no reported assets and substantially lower revenue, the sustainability of current operations is highly questionable.

Is the 0% officer compensation truly reflective of no executive salaries, or is it reported under other expense categories?

Clarification is needed to understand how executive leadership is compensated, given the consistent 0% reporting.

What are the current program activities and their scope given the significant financial changes?

The drastic financial changes likely impact the organization's ability to deliver programs, and an update on current program scope is necessary.

Filing History

IRS 990 filing history for Staten Island Mental Health Society Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), Staten Island Mental Health Society Inc's revenue has declined by 11.4%, moving from $19.5M to $17.3M. Total assets decreased by 21.1% over the same period, from $16.2M to $12.8M. Total functional expenses fell by 11.5%, from $20.0M to $17.7M. In its most recent filing year (2018), Staten Island Mental Health Society Inc reported a deficit of $441K, with expenses exceeding revenue. The organization holds $11.4M in liabilities against $12.8M in assets (debt-to-asset ratio: 89.1%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2018	$17.3M	$17.7M	$12.8M	$11.4M	—	View 990
2017	$17.0M	$16.7M	$13.4M	$11.6M	—	View 990
2016	$16.5M	$16.9M	$13.2M	$12.8M	—	View 990
2015	$18.1M	$18.1M	$14.2M	$11.6M	—	View 990
2014	$17.2M	$18.6M	$13.2M	$9.9M	—	View 990
2013	$17.7M	$19.3M	$12.9M	$9.9M	—	View 990
2012	$19.9M	$19.1M	$14.4M	$10.3M	—	View 990
2011	$19.5M	$20.0M	$16.2M	$12.0M	—	View 990

Year-by-Year Financial Summary

2018: Revenue of $17.3M, expenses of $17.7M, and assets of $12.8M (revenue +1.8% year-over-year).
2017: Revenue of $17.0M, expenses of $16.7M, and assets of $13.4M (revenue +3.0% year-over-year).
2016: Revenue of $16.5M, expenses of $16.9M, and assets of $13.2M (revenue -9.3% year-over-year).
2015: Revenue of $18.1M, expenses of $18.1M, and assets of $14.2M (revenue +5.4% year-over-year).
2014: Revenue of $17.2M, expenses of $18.6M, and assets of $13.2M (revenue -2.9% year-over-year).
2013: Revenue of $17.7M, expenses of $19.3M, and assets of $12.9M (revenue -11.0% year-over-year).
2012: Revenue of $19.9M, expenses of $19.1M, and assets of $14.4M (revenue +2.4% year-over-year).
2011: Revenue of $19.5M, expenses of $20.0M, and assets of $16.2M.

Data Sources and Methodology

This transparency report for Staten Island Mental Health Society 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.