The Tibetan Community Of New York And New Jersey Inc
Tibetan Community of NY & NJ shows consistent revenue growth and zero officer compensation, but liabilities are increasing.
EIN: 10685280 · Woodside, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $876K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $4.6M |
| Transparency Score | 85/100 |
Is The Tibetan Community Of New York And New Jersey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Tibetan Community Of New York And New Jersey Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Tibetan Community Of New York And New Jersey Inc
The Tibetan Community Of New York And New Jersey Inc (EIN: 10685280) is a nonprofit organization based in Woodside, NY, classified under NTEE code B99. The organization reported total revenue of $2.0M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Tibetan Community Of New York And New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Tibetan Community Of New York And New Jersey Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $876K |
| Surplus / Deficit | +$313K |
| Total Assets | $9.0M |
| Total Liabilities | $4.5M |
| Net Assets | $4.6M |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 49.3% |
| Months of Reserves | 123.9 months |
Financial Health Grade: A
In 2023, The Tibetan Community Of New York And New Jersey Inc reported a surplus of $313K with revenue exceeding expenses, holds 123.9 months of operating reserves (strong position), has a debt-to-asset ratio of 49.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Tibetan Community Of New York And New Jersey Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | -2.2% | -1.0% |
| 2022 | +10.9% | +26.7% | -4.2% |
| 2021 | +13.5% | -16.6% | -1.4% |
| 2020 | -41.5% | -25.9% | -0.9% |
| 2019 | +83.0% | +58.3% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Tibetan Community Of New York And New Jersey 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 Tibetan Community Of New York And New Jersey 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $313K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly unusual for an organization with assets exceeding $9 million and annual revenues over $1 million. This suggests a volunteer-driven leadership model, directing more funds towards programs.
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 Tibetan Community Of New York And New Jersey Inc's IRS 990 filings:
- Significant increase in liabilities from $1,421,078 in 2014 to $4,454,202 in 2023, which needs further investigation.
- Lack of detailed information on the nature of liabilities in the provided summary.
Strengths
The following positive indicators were identified for The Tibetan Community Of New York And New Jersey Inc:
- Consistent revenue generation, with 2023 revenue at $1,189,071 exceeding expenses of $875,675.
- Strong asset growth from $4,971,847 in 2014 to $9,043,755 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication of leadership.
- Consistent filing of IRS 990s, demonstrating transparency and compliance.
- Revenues generally exceed expenses, contributing to financial stability.
Frequently Asked Questions about The Tibetan Community Of New York And New Jersey Inc
Is The Tibetan Community Of New York And New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Tibetan Community Of New York And New Jersey Inc (EIN: 10685280) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does The Tibetan Community Of New York And New Jersey Inc spend its money?
The Tibetan Community Of New York And New Jersey Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Tibetan Community Of New York And New Jersey Inc tax-deductible?
The Tibetan Community Of New York And New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 10685280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Tibetan Community Of New York And New Jersey Inc CEO make?
The Tibetan Community Of New York And New Jersey Inc's highest-compensated officer earns $9 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Tibetan Community Of New York And New Jersey Inc's spending goes to programs?
The Tibetan Community Of New York And New Jersey Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Tibetan Community Of New York And New Jersey Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Tibetan Community Of New York And New Jersey Inc is above 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 Tibetan Community Of New York And New Jersey Inc located?
The Tibetan Community Of New York And New Jersey Inc is headquartered in Woodside, New York and files with the IRS under EIN 10685280. It is classified under NTEE code B99.
How many years of IRS 990 filings does The Tibetan Community Of New York And New Jersey Inc have?
The Tibetan Community Of New York And New Jersey 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 $2.0M in total revenue.
What is the nature of the increasing liabilities, which grew from $1,421,078 in 2014 to $4,454,202 in 2023?
The filings indicate a significant increase in liabilities over the past decade. Understanding the specific types of liabilities (e.g., mortgages, program-related payables, deferred revenue) is crucial for a complete financial assessment. Without further detail from the 990s, it's difficult to ascertain if these are healthy or concerning.
How does the organization manage to operate with 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation suggests a highly dedicated volunteer leadership or a structure where key leadership roles are compensated through other means not classified as officer compensation, or are entirely pro bono. This is a significant factor in its operational efficiency.
What is the specific breakdown of program spending?
While the overall program spending appears strong, a detailed breakdown of how the program funds are allocated (e.g., cultural preservation, social services, education) would provide deeper insight into the organization's impact and alignment with its stated mission.
Filing History
IRS 990 filing history for The Tibetan Community Of New York And New Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Tibetan Community Of New York And New Jersey Inc's revenue has grown by 485.6%, moving from $203K to $1.2M. Total assets increased by 353.4% over the same period, from $2.0M to $9.0M. Total functional expenses rose by 484.8%, from $150K to $876K. In its most recent filing year (2023), The Tibetan Community Of New York And New Jersey Inc reported a surplus of $313K, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $9.0M in assets (debt-to-asset ratio: 49.3%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $876K | $9.0M | $4.5M | — | — |
| 2022 | $979K | $895K | $9.1M | $4.9M | — | — |
| 2021 | $882K | $707K | $9.5M | $4.9M | — | View 990 |
| 2020 | $777K | $847K | $9.7M | $5.2M | — | View 990 |
| 2019 | $1.3M | $1.1M | $9.8M | $5.3M | — | View 990 |
| 2018 | $727K | $722K | $9.8M | $5.5M | — | View 990 |
| 2017 | $522K | $664K | $8.9M | $4.0M | — | View 990 |
| 2016 | $1.4M | $1.1M | $6.8M | $1.7M | — | View 990 |
| 2015 | $1.7M | $507K | $6.1M | $1.3M | — | View 990 |
| 2014 | $1.1M | $601K | $5.0M | $1.4M | — | View 990 |
| 2013 | $384K | $355K | $4.6M | $1.5M | — | View 990 |
| 2012 | $1.2M | $187K | $4.6M | $19K | — | View 990 |
| 2011 | $203K | $150K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $876K, and assets of $9.0M (revenue +21.5% year-over-year).
- 2022: Revenue of $979K, expenses of $895K, and assets of $9.1M (revenue +10.9% year-over-year).
- 2021: Revenue of $882K, expenses of $707K, and assets of $9.5M (revenue +13.5% year-over-year).
- 2020: Revenue of $777K, expenses of $847K, and assets of $9.7M (revenue -41.5% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $9.8M (revenue +83.0% year-over-year).
- 2018: Revenue of $727K, expenses of $722K, and assets of $9.8M (revenue +39.1% year-over-year).
- 2017: Revenue of $522K, expenses of $664K, and assets of $8.9M (revenue -61.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $6.8M (revenue -20.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $507K, and assets of $6.1M (revenue +60.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $601K, and assets of $5.0M (revenue +176.1% year-over-year).
- 2013: Revenue of $384K, expenses of $355K, and assets of $4.6M (revenue -68.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $187K, and assets of $4.6M (revenue +499.2% year-over-year).
- 2011: Revenue of $203K, expenses of $150K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Tibetan Community Of New York And New Jersey Inc:
Data Sources and Methodology
This transparency report for The Tibetan Community Of New York And New Jersey 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.