Sylvia Center Incorporated
Sylvia Center Incorporated shows strong program focus and no reported officer compensation, with consistent revenue growth.
EIN: 204297703 · Bronx, NY · NTEE: K40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 92/100 |
Is Sylvia Center Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sylvia Center Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sylvia Center Incorporated
Sylvia Center Incorporated (EIN: 204297703) is a nonprofit organization based in Bronx, NY, classified under NTEE code K40. The organization reported total revenue of $2.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sylvia Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sylvia Center Incorporated is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-143,431 |
| Total Assets | $1.4M |
| Total Liabilities | $171K |
| Net Assets | $1.2M |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2024, Sylvia Center Incorporated reported a deficit of $143K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Sylvia Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.5% | +36.6% | -6.1% |
| 2023 | +58.4% | +23.3% | +42.6% |
| 2022 | +540.8% | +123.9% | -17.2% |
| 2021 | -90.3% | -69.6% | -9.0% |
| 2020 | +51.6% | +52.7% | +5.8% |
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 Sylvia Center Incorporated 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sylvia Center Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual and suggests either pro-bono leadership or compensation is covered by another entity, or not reported in this section.
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 Sylvia Center Incorporated's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Sylvia Center Incorporated:
- Consistent revenue growth over the past decade, indicating increasing support and impact.
- Strong asset base relative to liabilities, demonstrating financial stability.
- Zero reported officer compensation, suggesting a high percentage of funds are directed to programs.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Significant recovery from a revenue dip in 2021, showing resilience.
Frequently Asked Questions about Sylvia Center Incorporated
Is Sylvia Center Incorporated a legitimate charity?
Sylvia Center Incorporated (EIN: 204297703) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.2M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Sylvia Center Incorporated spend its money?
Sylvia Center Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sylvia Center Incorporated tax-deductible?
Sylvia Center Incorporated is registered as a tax-exempt nonprofit (EIN: 204297703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sylvia Center Incorporated's spending goes to programs?
Sylvia Center Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sylvia Center Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sylvia Center Incorporated is above average for NTEE category K40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sylvia Center Incorporated located?
Sylvia Center Incorporated is headquartered in Bronx, New York and files with the IRS under EIN 204297703. It is classified under NTEE code K40.
How many years of IRS 990 filings does Sylvia Center Incorporated have?
Sylvia Center Incorporated 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 $2.2M in total revenue.
Is Sylvia Center Incorporated a good charity?
Based on the available IRS 990 data, Sylvia Center Incorporated appears to be a good charity. It demonstrates strong program spending, consistent revenue growth, and notably, zero reported officer compensation, indicating a high dedication of resources to its mission.
How has Sylvia Center's revenue trended over time?
Sylvia Center's revenue has shown a strong upward trend, growing from $830,393 in 2015 to $1,815,850 in 2024, with a notable dip in 2021 ($176,240) which was quickly recovered from.
What is the organization's financial stability?
The organization appears financially stable, with assets consistently exceeding liabilities. In 2024, assets were $1,367,630 against liabilities of $170,953, indicating a healthy financial position.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is highly unusual for an organization of this size. It could mean that officers are volunteers, compensated by a related entity, or that compensation is reported under a different category not specified in the 'Officer Comp' field of the summary data provided.
Filing History
IRS 990 filing history for Sylvia Center Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sylvia Center Incorporated's revenue has grown by 448.1%, moving from $331K to $1.8M. Total assets increased by 1553.9% over the same period, from $83K to $1.4M. Total functional expenses rose by 369.8%, from $417K to $2.0M. In its most recent filing year (2024), Sylvia Center Incorporated reported a deficit of $143K, with expenses exceeding revenue. The organization holds $171K in liabilities against $1.4M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $2.0M | $1.4M | $171K | — | View 990 |
| 2023 | $1.8M | $1.4M | $1.5M | $165K | — | View 990 |
| 2022 | $1.1M | $1.2M | $1.0M | $96K | — | View 990 |
| 2021 | $176K | $519K | $1.2M | $262K | — | — |
| 2020 | $1.8M | $1.7M | $1.4M | $40K | — | — |
| 2019 | $1.2M | $1.1M | $1.3M | $77K | — | View 990 |
| 2018 | $1.1M | $1.1M | $1.2M | $35K | — | View 990 |
| 2017 | $1.3M | $999K | $1.1M | $63K | — | View 990 |
| 2016 | $973K | $930K | $799K | $14K | — | View 990 |
| 2015 | $830K | $761K | $774K | $31K | — | View 990 |
| 2014 | $932K | $592K | $691K | $17K | — | View 990 |
| 2013 | $715K | $500K | $357K | $23K | — | View 990 |
| 2012 | $531K | $453K | $181K | $62K | — | View 990 |
| 2011 | $331K | $417K | $83K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $2.0M, and assets of $1.4M (revenue +1.5% year-over-year).
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $1.5M (revenue +58.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $1.0M (revenue +540.8% year-over-year).
- 2021: Revenue of $176K, expenses of $519K, and assets of $1.2M (revenue -90.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $1.4M (revenue +51.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +5.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue -9.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $999K, and assets of $1.1M (revenue +29.2% year-over-year).
- 2016: Revenue of $973K, expenses of $930K, and assets of $799K (revenue +17.2% year-over-year).
- 2015: Revenue of $830K, expenses of $761K, and assets of $774K (revenue -10.9% year-over-year).
- 2014: Revenue of $932K, expenses of $592K, and assets of $691K (revenue +30.3% year-over-year).
- 2013: Revenue of $715K, expenses of $500K, and assets of $357K (revenue +34.6% year-over-year).
- 2012: Revenue of $531K, expenses of $453K, and assets of $181K (revenue +60.3% year-over-year).
- 2011: Revenue of $331K, expenses of $417K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sylvia Center Incorporated:
Data Sources and Methodology
This transparency report for Sylvia Center Incorporated 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.