Taxpayers For An Affordable New York Inc
Taxpayers For An Affordable New York Inc faces recurring deficits and increasing liabilities despite fluctuating revenues.
EIN: 133606190 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.3M |
| Program Spending | 60% |
| Net Assets | $-1,042,290 |
| Transparency Score | 45/100 |
Is Taxpayers For An Affordable New York Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Taxpayers For An Affordable New York Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Taxpayers For An Affordable New York Inc
Taxpayers For An Affordable New York Inc (EIN: 133606190) is a nonprofit organization based in New York, NY. The organization reported total revenue of $1.8M and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taxpayers For An Affordable New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taxpayers For An Affordable New York Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-450,841 |
| Total Assets | $129K |
| Total Liabilities | $1.2M |
| Net Assets | $-1,042,290 |
| Operating Margin | -23.9% |
| Debt-to-Asset Ratio | 910.4% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Taxpayers For An Affordable New York Inc reported a deficit of $451K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 910.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Taxpayers For An Affordable New York Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +228.9% | +78.9% | -29.5% |
| 2022 | -40.0% | +87.8% | -9.3% |
| 2021 | +36.6% | -35.2% | +44.3% |
| 2020 | -84.6% | -75.7% | -52.4% |
| 2019 | +573.9% | +616.8% | +111.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Taxpayers For An Affordable New York Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, Taxpayers For An Affordable New York Inc allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $451K, with expenses exceeding revenue.
- Debt-to-asset ratio: 910.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a positive sign for minimizing administrative overhead.
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 Taxpayers For An Affordable New York Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2022, 2020 filings)
- Significant increase in liabilities, exceeding assets in recent years ($1,170,900 liabilities vs. $128,610 assets in 2023)
- Highly volatile revenue streams, making financial planning challenging
- Lack of detailed expense breakdown to assess program efficiency
Strengths
The following positive indicators were identified for Taxpayers For An Affordable New York Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead
- History of significant revenue generation in some years (e.g., $4,532,478 in 2019)
Frequently Asked Questions about Taxpayers For An Affordable New York Inc
Is Taxpayers For An Affordable New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Taxpayers For An Affordable New York Inc (EIN: 133606190) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Taxpayers For An Affordable New York Inc spend its money?
Taxpayers For An Affordable New York Inc directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Taxpayers For An Affordable New York Inc tax-deductible?
Taxpayers For An Affordable New York Inc is registered as a tax-exempt nonprofit (EIN: 133606190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Taxpayers For An Affordable New York Inc's spending goes to programs?
Taxpayers For An Affordable New York Inc directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Taxpayers For An Affordable New York Inc located?
Taxpayers For An Affordable New York Inc is headquartered in New York, New York and files with the IRS under EIN 133606190.
How many years of IRS 990 filings does Taxpayers For An Affordable New York Inc have?
Taxpayers For An Affordable New York 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 $1.8M in total revenue.
Is Taxpayers For An Affordable New York Inc financially stable?
The organization's financial stability is questionable, given that expenses frequently exceed revenue (e.g., $2,334,841 expenses vs. $1,884,000 revenue in 2023) and liabilities have significantly increased to $1,170,900 in 2023, far surpassing its assets of $128,610.
What caused the significant increase in liabilities in 2023?
The filings show a dramatic jump in liabilities from $773,758 in 2022 to $1,170,900 in 2023. Without further detail from the 990, the specific causes for this increase are unclear, but it warrants further investigation.
How does the organization cover its deficits?
With expenses frequently exceeding revenue, the organization appears to be operating at a deficit in many years (e.g., 2023, 2022, 2020). It's unclear from the provided data how these deficits are consistently covered, potentially through drawing down reserves or incurring debt, as suggested by rising liabilities.
Filing History
IRS 990 filing history for Taxpayers For An Affordable New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Taxpayers For An Affordable New York Inc's revenue has declined by 11.4%, moving from $2.1M to $1.9M. Total assets decreased by 63% over the same period, from $347K to $129K. Total functional expenses rose by 25.5%, from $1.9M to $2.3M. In its most recent filing year (2023), Taxpayers For An Affordable New York Inc reported a deficit of $451K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $129K in assets (debt-to-asset ratio: 910.4%), resulting in net assets of $-1,042,290.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.3M | $129K | $1.2M | — | — |
| 2022 | $573K | $1.3M | $182K | $774K | — | View 990 |
| 2021 | $955K | $695K | $201K | $61K | — | View 990 |
| 2020 | $699K | $1.1M | $139K | $259K | — | — |
| 2019 | $4.5M | $4.4M | $293K | $40K | — | View 990 |
| 2018 | $673K | $616K | $138K | $4K | — | View 990 |
| 2017 | $55 | $33K | $81K | $3K | — | — |
| 2016 | $59 | $5K | $113K | $3K | — | View 990 |
| 2015 | $72 | $37K | $118K | $3K | — | View 990 |
| 2014 | $554 | $1.4M | $156K | $4K | — | View 990 |
| 2013 | $1.0M | $255K | $1.6M | $18K | — | View 990 |
| 2012 | $1.3M | $827K | $893K | $88K | — | View 990 |
| 2011 | $2.1M | $1.9M | $347K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.3M, and assets of $129K (revenue +228.9% year-over-year).
- 2022: Revenue of $573K, expenses of $1.3M, and assets of $182K (revenue -40.0% year-over-year).
- 2021: Revenue of $955K, expenses of $695K, and assets of $201K (revenue +36.6% year-over-year).
- 2020: Revenue of $699K, expenses of $1.1M, and assets of $139K (revenue -84.6% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.4M, and assets of $293K (revenue +573.9% year-over-year).
- 2018: Revenue of $673K, expenses of $616K, and assets of $138K (revenue +1222681.8% year-over-year).
- 2017: Revenue of $55, expenses of $33K, and assets of $81K (revenue -6.8% year-over-year).
- 2016: Revenue of $59, expenses of $5K, and assets of $113K (revenue -18.1% year-over-year).
- 2015: Revenue of $72, expenses of $37K, and assets of $118K (revenue -87.0% year-over-year).
- 2014: Revenue of $554, expenses of $1.4M, and assets of $156K (revenue -99.9% year-over-year).
- 2013: Revenue of $1.0M, expenses of $255K, and assets of $1.6M (revenue -22.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $827K, and assets of $893K (revenue -38.6% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.9M, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taxpayers For An Affordable New York Inc:
Data Sources and Methodology
This transparency report for Taxpayers For An Affordable New York 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.