The New York City Leadership Center Inc
New York City Leadership Center faces significant financial deficits and rising liabilities in recent years.
EIN: 208991671 · New York, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $4.7M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $-2,230,053 |
| Transparency Score | 55/100 |
Is The New York City Leadership Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The New York City Leadership Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The New York City Leadership Center Inc
The New York City Leadership Center Inc (EIN: 208991671) is a nonprofit organization based in New York, NY, classified under NTEE code B99. The organization reported total revenue of $2.7M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The New York City Leadership Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The New York City Leadership Center Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $4.7M |
| Surplus / Deficit | $-1,437,711 |
| Total Assets | $127K |
| Total Liabilities | $2.4M |
| Net Assets | $-2,230,053 |
| Operating Margin | -43.7% |
| Debt-to-Asset Ratio | 1849.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2022, The New York City Leadership Center Inc reported a deficit of $1.4M with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 1849.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), The New York City Leadership Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -18.9% | -1.7% | -76.2% |
| 2021 | -18.9% | +4.6% | -72.8% |
| 2020 | -10.5% | -4.7% | +70.3% |
| 2019 | +13.6% | -8.4% | +170.3% |
| 2018 | +32.9% | +42.9% | -39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 The New York City Leadership Center Inc with a Mission Score of 55 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The New York City Leadership Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1849.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees, which is highly unusual for an organization with revenues exceeding $2 million annually.
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 New York City Leadership Center Inc's IRS 990 filings:
- Significant and recurring operating deficits (e.g., $1,437,711 in 2022, $750,957 in 2021).
- Dramatic increase in liabilities, from $614,990 in 2020 to $2,357,535 in 2022.
- Assets ($127,482 in 2022) are significantly lower than liabilities ($2,357,535 in 2022), indicating a negative net asset position.
- Revenue has declined from a peak of $5,592,454 in 2019 to $3,293,521 in 2022.
Strengths
The following positive indicators were identified for The New York City Leadership Center Inc:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- History of significant revenue generation, exceeding $3 million annually for most of the past decade.
Frequently Asked Questions about The New York City Leadership Center Inc
Is The New York City Leadership Center Inc a legitimate charity?
The New York City Leadership Center Inc (EIN: 208991671) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.7M. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does The New York City Leadership Center Inc spend its money?
The New York City Leadership Center Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The New York City Leadership Center Inc tax-deductible?
The New York City Leadership Center Inc is registered as a tax-exempt nonprofit (EIN: 208991671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The New York City Leadership Center Inc CEO make?
The New York City Leadership Center Inc's highest-compensated officer earns $2 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The New York City Leadership Center Inc's spending goes to programs?
The New York City Leadership Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The New York City Leadership Center Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The New York City Leadership Center Inc is near average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The New York City Leadership Center Inc located?
The New York City Leadership Center Inc is headquartered in New York, New York and files with the IRS under EIN 208991671. It is classified under NTEE code B99.
How many years of IRS 990 filings does The New York City Leadership Center Inc have?
The New York City Leadership Center Inc has 12 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 $2.7M in total revenue.
Why have liabilities increased so dramatically in 2021 and 2022, reaching $2,357,535 in 2022?
The provided data does not specify the nature of these liabilities, but their significant increase from $614,990 in 2020 to over $2.3 million in 2022 is a critical financial concern that warrants further investigation.
How does the organization sustain operations with recurring deficits, such as the $1,437,711 deficit in 2022?
The consistent reporting of expenses exceeding revenue in multiple years (2022, 2021, 2018, 2016, 2014) suggests that the organization may be drawing down reserves, relying on future funding, or incurring debt to cover operational costs, which is not sustainable long-term.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed functional expense breakdown, making it difficult to precisely assess spending efficiency beyond the overall revenue and expense figures.
Filing History
IRS 990 filing history for The New York City Leadership Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), The New York City Leadership Center Inc's revenue has grown by 76.9%, moving from $1.9M to $3.3M. Total assets decreased by 82.4% over the same period, from $723K to $127K. Total functional expenses rose by 245.8%, from $1.4M to $4.7M. In its most recent filing year (2022), The New York City Leadership Center Inc reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $2.4M in liabilities against $127K in assets (debt-to-asset ratio: 1849.3%), resulting in net assets of $-2,230,053.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.3M | $4.7M | $127K | $2.4M | — | — |
| 2021 | $4.1M | $4.8M | $536K | $1.3M | — | — |
| 2020 | $5.0M | $4.6M | $2.0M | $615K | — | View 990 |
| 2019 | $5.6M | $4.8M | $1.2M | $208K | — | View 990 |
| 2018 | $4.9M | $5.3M | $429K | $241K | — | View 990 |
| 2017 | $3.7M | $3.7M | $712K | $176K | — | View 990 |
| 2016 | $4.6M | $4.9M | $705K | $182K | — | View 990 |
| 2015 | $4.5M | $4.3M | $1.3M | $403K | — | View 990 |
| 2014 | $3.3M | $3.7M | $875K | $260K | — | View 990 |
| 2013 | $3.7M | $3.1M | $1.5M | $482K | — | View 990 |
| 2012 | $2.5M | $2.6M | $677K | $321K | — | View 990 |
| 2011 | $1.9M | $1.4M | $723K | $254K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.3M, expenses of $4.7M, and assets of $127K (revenue -18.9% year-over-year).
- 2021: Revenue of $4.1M, expenses of $4.8M, and assets of $536K (revenue -18.9% year-over-year).
- 2020: Revenue of $5.0M, expenses of $4.6M, and assets of $2.0M (revenue -10.5% year-over-year).
- 2019: Revenue of $5.6M, expenses of $4.8M, and assets of $1.2M (revenue +13.6% year-over-year).
- 2018: Revenue of $4.9M, expenses of $5.3M, and assets of $429K (revenue +32.9% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.7M, and assets of $712K (revenue -19.3% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.9M, and assets of $705K (revenue +2.1% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.3M, and assets of $1.3M (revenue +35.0% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.7M, and assets of $875K (revenue -11.0% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.1M, and assets of $1.5M (revenue +49.1% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.6M, and assets of $677K (revenue +34.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.4M, and assets of $723K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The New York City Leadership Center Inc:
Data Sources and Methodology
This transparency report for The New York City Leadership Center 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.