The Viscardi Center Inc
The Viscardi Center maintains stable assets and reports no officer compensation despite fluctuating revenues and expenses.
EIN: 111814883 · Albertson, NY · NTEE: P120 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.4M |
| Total Expenses | $5.4M |
| Program Spending | 85% |
| Net Assets | $31.4M |
| Transparency Score | 90/100 |
Is The Viscardi 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 Viscardi Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Viscardi Center Inc
The Viscardi Center Inc (EIN: 111814883) is a nonprofit organization based in Albertson, NY, classified under NTEE code P120. The organization reported total revenue of $15.4M and total assets of $35.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Viscardi Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Viscardi Center Inc is a large nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-602,586 |
| Total Assets | $36.9M |
| Total Liabilities | $5.5M |
| Net Assets | $31.4M |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 82.8 months |
Financial Health Grade: B
In 2023, The Viscardi Center Inc reported a deficit of $603K with expenses exceeding revenue, holds 82.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Viscardi Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.9% | +4.5% | +7.4% |
| 2022 | +0.5% | +5.8% | -14.7% |
| 2021 | +24.3% | -9.9% | +13.2% |
| 2020 | -42.0% | -26.9% | -3.6% |
| 2019 | -9.0% | +10.9% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1957 |
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 Viscardi Center Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Viscardi Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $603K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
The Viscardi Center consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a strong dedication to mission over executive pay.
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 Viscardi Center Inc's IRS 990 filings:
- Expenses frequently exceed revenue in recent years (e.g., 2023, 2020, 2019, 2016, 2014), leading to operational deficits, though offset by substantial assets.
Strengths
The following positive indicators were identified for The Viscardi Center Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
- Maintains a robust and stable asset base, consistently above $32 million, providing financial security.
- Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $36,949,742 assets vs. $5,545,832 liabilities in 2023).
Frequently Asked Questions about The Viscardi Center Inc
Is The Viscardi Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Viscardi Center Inc (EIN: 111814883) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does The Viscardi Center Inc spend its money?
The Viscardi Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Viscardi Center Inc tax-deductible?
The Viscardi Center Inc is registered as a tax-exempt nonprofit (EIN: 111814883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Viscardi Center Inc's spending goes to programs?
The Viscardi Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Viscardi Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Viscardi Center Inc is above average for NTEE category P120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Viscardi Center Inc located?
The Viscardi Center Inc is headquartered in Albertson, New York and files with the IRS under EIN 111814883. It is classified under NTEE code P120.
How many years of IRS 990 filings does The Viscardi Center Inc have?
The Viscardi Center 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 $15.4M in total revenue.
Is The Viscardi Center Inc a good charity?
Based on the provided financial data, The Viscardi Center Inc appears to be a good charity. It maintains a strong asset base (e.g., $36,949,742 in 2023), consistently reports 0% officer compensation, and has a long history of IRS 990 filings, indicating transparency and stability.
How has The Viscardi Center's financial health changed over time?
The Viscardi Center's financial health has been generally stable, with assets consistently above $32 million. While revenue and expenses have fluctuated significantly year-to-year (e.g., revenue from $3.5M to $8.5M), the organization has maintained a robust balance sheet, indicating resilience.
What is the trend in The Viscardi Center's revenue and expenses?
Revenue and expenses for The Viscardi Center have shown considerable year-to-year variability. For example, revenue was $8,567,805 in 2015 but dropped to $4,400,761 in 2016, then rebounded to $7,909,325 in 2018. Expenses have followed a similar fluctuating pattern, sometimes exceeding revenue (e.g., 2023, 2020, 2019, 2016, 2014) and sometimes being lower (e.g., 2022, 2021, 2018, 2017, 2015).
Filing History
IRS 990 filing history for The Viscardi Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Viscardi Center Inc's revenue has grown by 74%, moving from $2.7M to $4.8M. Total assets increased by 15.7% over the same period, from $31.9M to $36.9M. Total functional expenses fell by 25.8%, from $7.2M to $5.4M. In its most recent filing year (2023), The Viscardi Center Inc reported a deficit of $603K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $36.9M in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $31.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.4M | $36.9M | $5.5M | — | — |
| 2022 | $5.2M | $5.1M | $34.4M | $4.3M | — | View 990 |
| 2021 | $5.2M | $4.8M | $40.3M | $5.6M | — | View 990 |
| 2020 | $4.2M | $5.4M | $35.6M | $5.1M | — | View 990 |
| 2019 | $7.2M | $7.3M | $36.9M | $5.0M | — | View 990 |
| 2018 | $7.9M | $6.6M | $34.9M | $3.7M | — | View 990 |
| 2017 | $8.0M | $6.2M | $33.4M | $3.5M | — | View 990 |
| 2016 | $4.4M | $6.0M | $33.4M | $5.3M | — | View 990 |
| 2015 | $8.6M | $4.8M | $35.8M | $6.2M | — | View 990 |
| 2014 | $3.6M | $4.2M | $32.6M | $4.5M | — | View 990 |
| 2013 | $3.1M | $4.7M | $30.0M | $2.7M | — | View 990 |
| 2012 | $2.5M | $4.9M | $30.6M | $2.6M | — | View 990 |
| 2011 | $2.7M | $7.2M | $31.9M | $1.3M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.4M, and assets of $36.9M (revenue -8.9% year-over-year).
- 2022: Revenue of $5.2M, expenses of $5.1M, and assets of $34.4M (revenue +0.5% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.8M, and assets of $40.3M (revenue +24.3% year-over-year).
- 2020: Revenue of $4.2M, expenses of $5.4M, and assets of $35.6M (revenue -42.0% year-over-year).
- 2019: Revenue of $7.2M, expenses of $7.3M, and assets of $36.9M (revenue -9.0% year-over-year).
- 2018: Revenue of $7.9M, expenses of $6.6M, and assets of $34.9M (revenue -0.6% year-over-year).
- 2017: Revenue of $8.0M, expenses of $6.2M, and assets of $33.4M (revenue +80.8% year-over-year).
- 2016: Revenue of $4.4M, expenses of $6.0M, and assets of $33.4M (revenue -48.6% year-over-year).
- 2015: Revenue of $8.6M, expenses of $4.8M, and assets of $35.8M (revenue +139.0% year-over-year).
- 2014: Revenue of $3.6M, expenses of $4.2M, and assets of $32.6M (revenue +15.1% year-over-year).
- 2013: Revenue of $3.1M, expenses of $4.7M, and assets of $30.0M (revenue +23.7% year-over-year).
- 2012: Revenue of $2.5M, expenses of $4.9M, and assets of $30.6M (revenue -7.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $7.2M, and assets of $31.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Viscardi Center Inc:
Data Sources and Methodology
This transparency report for The Viscardi 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.