The Safe Center Li Inc
The Safe Center Li Inc shows consistent growth in assets despite recent operational deficits.
EIN: 112442377 · Bethpage, NY · NTEE: P430 · Updated: 2026-03-28
About The Safe Center Li Inc
The Safe Center Li Inc (EIN: 112442377) is a nonprofit organization based in Bethpage, NY, classified under NTEE code P430. The organization reported total revenue of $6.4M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Safe Center Li Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Safe Center Li Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Safe Center Li Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $7 million. This suggests that executive compensation may be reported under different categories or is exceptionally low, requiring further scrutiny of the full 990 forms 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 The Safe Center Li Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $277,586 in 2023, $596,882 in 2022).
- Significant increase in liabilities from $1,281,479 in 2021 to $5,318,831 in 2023, warranting closer examination.
- Unusual reporting of 0% officer compensation across all filings for an organization of this size.
Strengths
The following positive indicators were identified for The Safe Center Li Inc:
- Strong and consistent revenue generation, generally above $6 million annually.
- Significant growth in assets, from $2,088,625 in 2015 to $6,018,622 in 2023, indicating financial stability and resource accumulation.
- Long history of IRS 990 filings (14 filings), suggesting established operations and compliance.
- Consistent operational scale over a decade, indicating stable service delivery.
Frequently Asked Questions about The Safe Center Li Inc
Why is officer compensation consistently reported as 0%?
The IRS 990 data consistently shows 0% officer compensation for The Safe Center Li Inc across all 14 filings. This is highly unusual for an organization with annual revenues exceeding $7 million and warrants further investigation into the full 990 forms to understand how executive leadership is compensated, if at all, or if it's reported under other expense categories.
What caused the recent operational deficits in 2022 and 2023?
In 2023, expenses ($7,977,583) exceeded revenue ($7,699,997) by $277,586. Similarly, in 2022, expenses ($7,955,446) surpassed revenue ($7,358,564) by $596,882. The summary data does not specify the exact causes, but these deficits indicate that the organization spent more than it brought in during those periods, potentially due to increased program costs, administrative overhead, or a temporary dip in funding.
How has the organization managed its increasing liabilities?
Liabilities have significantly increased in recent years, from $1,281,479 in 2021 to $5,318,831 in 2023. While assets have also grown substantially to $6,018,622 in 2023, the rapid increase in liabilities, particularly in the last two periods, suggests new financial obligations that should be monitored for long-term financial health.
Filing History
IRS 990 filing history for The Safe Center Li Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Safe Center Li Inc's revenue has grown by 82.6%, moving from $4.2M to $7.7M. Total assets increased by 207.7% over the same period, from $2.0M to $6.0M. Total functional expenses rose by 88.2%, from $4.2M to $8.0M. In its most recent filing year (2023), The Safe Center Li Inc reported a deficit of $278K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $6.0M in assets (debt-to-asset ratio: 88.4%), resulting in net assets of $700K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $8.0M | $6.0M | $5.3M | — | — |
| 2022 | $7.4M | $8.0M | $6.8M | $5.8M | — | View 990 |
| 2021 | $7.3M | $7.6M | $2.9M | $1.3M | — | View 990 |
| 2020 | $7.6M | $7.6M | $3.3M | $1.4M | — | — |
| 2019 | $7.0M | $6.8M | $3.1M | $1.2M | — | View 990 |
| 2018 | $6.5M | $6.4M | $2.5M | $793K | — | View 990 |
| 2017 | $6.3M | $6.2M | $2.4M | $843K | — | View 990 |
| 2016 | $6.2M | $6.3M | $2.4M | $888K | — | View 990 |
| 2015 | $5.7M | $5.8M | $2.1M | $545K | — | View 990 |
| 2014 | $5.5M | $5.6M | $2.2M | $446K | — | View 990 |
| 2013 | $4.0M | $3.9M | $2.0M | $396K | — | View 990 |
| 2012 | $2.3M | $2.3M | $1.8M | $339K | — | View 990 |
| 2012 | $3.7M | $3.5M | $1.8M | $288K | — | View 990 |
| 2011 | $4.2M | $4.2M | $2.0M | $627K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $8.0M, and assets of $6.0M (revenue +4.6% year-over-year).
- 2022: Revenue of $7.4M, expenses of $8.0M, and assets of $6.8M (revenue +0.7% year-over-year).
- 2021: Revenue of $7.3M, expenses of $7.6M, and assets of $2.9M (revenue -4.3% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.6M, and assets of $3.3M (revenue +9.5% year-over-year).
- 2019: Revenue of $7.0M, expenses of $6.8M, and assets of $3.1M (revenue +7.1% year-over-year).
- 2018: Revenue of $6.5M, expenses of $6.4M, and assets of $2.5M (revenue +2.8% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.2M, and assets of $2.4M (revenue +1.3% year-over-year).
- 2016: Revenue of $6.2M, expenses of $6.3M, and assets of $2.4M (revenue +10.5% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.8M, and assets of $2.1M (revenue +2.4% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.6M, and assets of $2.2M (revenue +38.9% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $2.0M (revenue +74.1% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $1.8M (revenue -37.9% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.5M, and assets of $1.8M (revenue -12.8% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.2M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for The Safe Center Li 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.