Tiro A Segno Of New York Inc
Tiro A Segno Of New York Inc frequently operates at a deficit despite stable assets and decreasing liabilities.
EIN: 135506674 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $1.1M |
| Program Spending | 70% |
| Net Assets | $2.3M |
| Transparency Score | 60/100 |
Is Tiro A Segno Of New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tiro A Segno Of New York Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tiro A Segno Of New York Inc
Tiro A Segno Of New York Inc (EIN: 135506674) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tiro A Segno Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tiro A Segno Of New York Inc is a mid-size nonprofit that has been operating for 90 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-118,742 |
| Total Assets | $5.2M |
| Total Liabilities | $2.9M |
| Net Assets | $2.3M |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 55.8% |
| Months of Reserves | 54.8 months |
Financial Health Grade: C
In 2023, Tiro A Segno Of New York Inc reported a deficit of $119K with expenses exceeding revenue, holds 54.8 months of operating reserves (strong position), has a debt-to-asset ratio of 55.8% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tiro A Segno Of New York Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | -4.8% | +1.1% |
| 2022 | -29.3% | -9.0% | -0.9% |
| 2021 | +27.8% | +5.8% | +3.3% |
| 2020 | -59.3% | -54.2% | -3.1% |
| 2019 | -4.1% | +3.2% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 Tiro A Segno Of New York Inc with a Mission Score of 60 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tiro A Segno Of New York Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $119K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting either a volunteer executive leadership or that executive compensation is embedded within other expense categories, which reduces transparency regarding leadership costs.
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 Tiro A Segno Of New York Inc's IRS 990 filings:
- Frequent operating deficits in recent years (e.g., 2023, 2022, 2020) where expenses exceeded revenue.
- Lack of reported officer compensation (0% across all filings) which may obscure true leadership costs.
- NTEE code is 'Unknown', making it difficult to understand the organization's specific purpose and compare its financial performance to peers.
Strengths
The following positive indicators were identified for Tiro A Segno Of New York Inc:
- Consistent asset base, maintaining around $5 million over the past decade, indicating financial stability in terms of holdings.
- Decreasing trend in liabilities from $4,330,838 in 2014 to $2,918,567 in 2023, improving the balance sheet.
- Consistent filing of IRS Form 990s, demonstrating adherence to reporting requirements.
Frequently Asked Questions about Tiro A Segno Of New York Inc
Is Tiro A Segno Of New York Inc a legitimate charity?
Tiro A Segno Of New York Inc (EIN: 135506674) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.8M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Tiro A Segno Of New York Inc spend its money?
Tiro A Segno Of New York Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Tiro A Segno Of New York Inc tax-deductible?
Tiro A Segno Of New York Inc is registered as a tax-exempt nonprofit (EIN: 135506674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tiro A Segno Of New York Inc's spending goes to programs?
Tiro A Segno Of New York Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Tiro A Segno Of New York Inc located?
Tiro A Segno Of New York Inc is headquartered in New York, New York and files with the IRS under EIN 135506674.
How many years of IRS 990 filings does Tiro A Segno Of New York Inc have?
Tiro A Segno Of New York Inc has 14 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 $4.8M in total revenue.
What is the specific mission of Tiro A Segno Of New York Inc, given the 'Unknown' NTEE code?
The provided data does not specify the NTEE code or mission, making it difficult to understand the organization's core purpose and evaluate its financial activities in that context.
Why has the organization frequently operated at a deficit in recent years?
In 2023, expenses exceeded revenue by $118,742, and similar deficits occurred in 2022 and 2020. This trend suggests that the organization's operational costs are consistently higher than its income, which could be a concern for long-term financial stability.
How are executive officers compensated if 'Officer Comp' is consistently reported as 0%?
The consistent 0% officer compensation reported on the 990 filings suggests either that the organization's leadership is entirely volunteer-based, or that compensation is categorized differently within the expense structure, which warrants further investigation for full transparency.
Filing History
IRS 990 filing history for Tiro A Segno Of New York Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tiro A Segno Of New York Inc's revenue has declined by 48.8%, moving from $2.0M to $1.0M. Total assets decreased by 12.6% over the same period, from $6.0M to $5.2M. Total functional expenses fell by 51.6%, from $2.4M to $1.1M. In its most recent filing year (2023), Tiro A Segno Of New York Inc reported a deficit of $119K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $5.2M in assets (debt-to-asset ratio: 55.8%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $5.2M | $2.9M | — | — |
| 2022 | $1.0M | $1.2M | $5.2M | $2.7M | — | View 990 |
| 2021 | $1.4M | $1.3M | $5.2M | $2.4M | — | View 990 |
| 2020 | $1.1M | $1.2M | $5.1M | $3.0M | — | View 990 |
| 2019 | $2.8M | $2.7M | $5.2M | $3.1M | — | — |
| 2018 | $2.9M | $2.6M | $5.2M | $3.0M | — | View 990 |
| 2017 | $2.8M | $2.5M | $5.3M | $3.4M | — | View 990 |
| 2016 | $2.9M | $2.5M | $5.4M | $3.8M | — | View 990 |
| 2015 | $2.9M | $2.5M | $5.4M | $4.1M | — | View 990 |
| 2014 | $2.7M | $2.6M | $5.2M | $4.3M | — | View 990 |
| 2013 | $2.6M | $2.6M | $5.3M | $4.5M | — | View 990 |
| 2012 | $2.4M | $2.4M | $5.5M | $4.8M | — | View 990 |
| 2011 | $2.4M | $2.4M | $5.7M | $4.9M | — | View 990 |
| 2010 | $2.0M | $2.4M | $6.0M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $5.2M (revenue +1.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $5.2M (revenue -29.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $5.2M (revenue +27.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $5.1M (revenue -59.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.7M, and assets of $5.2M (revenue -4.1% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.6M, and assets of $5.2M (revenue +2.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.5M, and assets of $5.3M (revenue -1.5% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.5M, and assets of $5.4M (revenue -0.3% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.5M, and assets of $5.4M (revenue +7.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.6M, and assets of $5.2M (revenue +2.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $5.3M (revenue +10.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $5.5M (revenue -2.0% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.4M, and assets of $5.7M (revenue +19.8% year-over-year).
- 2010: Revenue of $2.0M, expenses of $2.4M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tiro A Segno Of New York Inc:
Data Sources and Methodology
This transparency report for Tiro A Segno Of New York 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.