The Long Island Alzheimers And Dementia Center
Long Island Alzheimers And Dementia Center shows consistent operations but recent filings indicate expenses exceeding revenue.
EIN: 112926958 · Westbury, NY · NTEE: G83Z · Updated: 2026-03-28
Is The Long Island Alzheimers And Dementia Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Long Island Alzheimers And Dementia Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Long Island Alzheimers And Dementia Center
The Long Island Alzheimers And Dementia Center (EIN: 112926958) is a nonprofit organization based in Westbury, NY, classified under NTEE code G83Z. The organization reported total revenue of $2.6M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Long Island Alzheimers And Dementia Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Long Island Alzheimers And Dementia Center is a mid-size nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-149,605 |
| Total Assets | $2.5M |
| Total Liabilities | $914K |
| Net Assets | $1.6M |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 36.7% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2023, The Long Island Alzheimers And Dementia Center reported a deficit of $150K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 36.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), The Long Island Alzheimers And Dementia Center's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +11.6% | -7.9% |
| 2022 | +2.1% | +10.3% | +38.8% |
| 2021 | +38.7% | +8.6% | +10.2% |
| 2020 | -17.7% | -15.9% | -10.0% |
| 2019 | -13.5% | +4.5% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 The Long Island Alzheimers And Dementia Center with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, The Long Island Alzheimers And Dementia Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a deficit of $150K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either uncompensated or compensated through non-officer roles, which is a strong positive for donor perception of executive pay relative to the organization's size and mission.
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 The Long Island Alzheimers And Dementia Center's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (2023 and 2022), potentially indicating unsustainable spending.
- Significant increase in liabilities from $195,244 in 2021 to $913,547 in 2023, which warrants further investigation.
Strengths
The following positive indicators were identified for The Long Island Alzheimers And Dementia Center:
- Consistent filing history over 14 periods, indicating good transparency and compliance.
- Zero reported officer compensation across all filings, suggesting efficient use of funds for leadership.
- Maintained a healthy asset base, with assets of $2,486,429 in 2023, providing financial stability despite recent deficits.
- Clear mission alignment with NTEE code G83Z (Alzheimer's Disease).
Frequently Asked Questions about The Long Island Alzheimers And Dementia Center
Is The Long Island Alzheimers And Dementia Center a legitimate charity?
Based on AI analysis of IRS 990 filings, The Long Island Alzheimers And Dementia Center (EIN: 112926958) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does The Long Island Alzheimers And Dementia Center spend its money?
The Long Island Alzheimers And Dementia Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Long Island Alzheimers And Dementia Center tax-deductible?
The Long Island Alzheimers And Dementia Center is registered as a tax-exempt nonprofit (EIN: 112926958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses exceeded revenue in the last two reported periods (2023 and 2022)?
In 2023, expenses were $1,991,708 against revenue of $1,842,103, and in 2022, expenses were $1,785,159 against revenue of $1,780,117. This trend suggests the organization is operating at a deficit, potentially drawing on reserves or other funding sources.
What is the reason for the significant increase in liabilities from $195,244 in 2021 to $913,547 in 2023?
Liabilities have shown a substantial increase, particularly from 2021 to 2023. Understanding the nature of these liabilities (e.g., program-related debt, capital expenditures, or operational debt) is crucial for assessing financial risk.
How does the organization sustain its operations with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that key leadership roles may be filled by volunteers or compensated through mechanisms not classified as officer compensation, which is an unusual but potentially efficient operational model.
Filing History
IRS 990 filing history for The Long Island Alzheimers And Dementia Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Long Island Alzheimers And Dementia Center's revenue has grown by 72.5%, moving from $1.1M to $1.8M. Total assets increased by 36% over the same period, from $1.8M to $2.5M. Total functional expenses rose by 71.7%, from $1.2M to $2.0M. In its most recent filing year (2023), The Long Island Alzheimers And Dementia Center reported a deficit of $150K, with expenses exceeding revenue. The organization holds $914K in liabilities against $2.5M in assets (debt-to-asset ratio: 36.7%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $2.5M | $914K | — | — |
| 2022 | $1.8M | $1.8M | $2.7M | $1.1M | — | — |
| 2021 | $1.7M | $1.6M | $1.9M | $195K | — | View 990 |
| 2020 | $1.3M | $1.5M | $1.8M | $165K | — | — |
| 2019 | $1.5M | $1.8M | $2.0M | $188K | — | View 990 |
| 2018 | $1.8M | $1.7M | $2.2M | $203K | — | View 990 |
| 2017 | $1.6M | $1.5M | $2.0M | $130K | — | View 990 |
| 2016 | $1.9M | $1.2M | $2.0M | $124K | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.3M | $128K | — | View 990 |
| 2014 | $403K | $543K | $1.3M | $111K | — | View 990 |
| 2014 | $1.3M | $1.3M | $1.4M | $92K | — | View 990 |
| 2013 | $887K | $1.3M | $1.4M | $197K | — | View 990 |
| 2012 | $1.1M | $1.2M | $1.7M | $48K | — | View 990 |
| 2011 | $1.1M | $1.2M | $1.8M | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $2.5M (revenue +3.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $2.7M (revenue +2.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $1.9M (revenue +38.7% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.5M, and assets of $1.8M (revenue -17.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.8M, and assets of $2.0M (revenue -13.5% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M (revenue +13.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $2.0M (revenue -18.9% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.2M, and assets of $2.0M (revenue +63.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue +190.9% year-over-year).
- 2014: Revenue of $403K, expenses of $543K, and assets of $1.3M (revenue -69.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $1.4M (revenue +51.0% year-over-year).
- 2013: Revenue of $887K, expenses of $1.3M, and assets of $1.4M (revenue -19.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $1.7M (revenue +3.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Long Island Alzheimers And Dementia Center:
Data Sources and Methodology
This transparency report for The Long Island Alzheimers And Dementia Center 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.