Transitional Services Of New York For Long Island Inc
Transitional Services Of New York For Long Island Inc consistently reports 0% officer compensation amidst steady revenue and asset growth.
EIN: 112592828 · Brentwood, NY · NTEE: F34Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $8.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $15.0M |
| Transparency Score | 95/100 |
Is Transitional Services Of New York For Long Island Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transitional Services Of New York For Long Island Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Transitional Services Of New York For Long Island Inc
Transitional Services Of New York For Long Island Inc (EIN: 112592828) is a nonprofit organization based in Brentwood, NY, classified under NTEE code F34Z. The organization reported total revenue of $9.9M and total assets of $18.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transitional Services Of New York For Long Island Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transitional Services Of New York For Long Island Inc is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $8.7M |
| Surplus / Deficit | +$489K |
| Total Assets | $17.0M |
| Total Liabilities | $1.9M |
| Net Assets | $15.0M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Transitional Services Of New York For Long Island Inc reported a surplus of $489K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Transitional Services Of New York For Long Island Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | +11.3% | +2.8% |
| 2022 | -4.5% | +11.7% | +25.6% |
| 2021 | +10.2% | -9.5% | +19.0% |
| 2020 | +14.1% | +9.2% | +5.9% |
| 2019 | +5.4% | -1.9% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Transitional Services Of New York For Long Island Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Transitional Services Of New York For Long Island Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $489K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with nearly $10 million in annual revenue.
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 Transitional Services Of New York For Long Island Inc's IRS 990 filings:
- Unusually low (0%) officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities not immediately visible in this summary.
Strengths
The following positive indicators were identified for Transitional Services Of New York For Long Island Inc:
- Consistent revenue growth, increasing from $7,265,125 in 2019 to $9,205,054 in 2023.
- Strong asset growth, from $10,426,849 in 2019 to $16,965,957 in 2023, indicating financial stability.
- Reported 0% officer compensation across all available filings, suggesting high dedication of funds to mission.
- Positive net income in most recent years, contributing to asset accumulation (e.g., $9,205,054 revenue vs. $8,715,726 expenses in 2023).
Frequently Asked Questions about Transitional Services Of New York For Long Island Inc
Is Transitional Services Of New York For Long Island Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Transitional Services Of New York For Long Island Inc (EIN: 112592828) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Transitional Services Of New York For Long Island Inc spend its money?
Transitional Services Of New York For Long Island Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Transitional Services Of New York For Long Island Inc tax-deductible?
Transitional Services Of New York For Long Island Inc is registered as a tax-exempt nonprofit (EIN: 112592828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Transitional Services Of New York For Long Island Inc CEO make?
Transitional Services Of New York For Long Island Inc's highest-compensated officer earns $10 annually. The organization reported $9.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Transitional Services Of New York For Long Island Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Transitional Services Of New York For Long Island Inc is above average for NTEE category F34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Transitional Services Of New York For Long Island Inc located?
Transitional Services Of New York For Long Island Inc is headquartered in Brentwood, New York and files with the IRS under EIN 112592828. It is classified under NTEE code F34Z.
How many years of IRS 990 filings does Transitional Services Of New York For Long Island Inc have?
Transitional Services Of New York For Long Island 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 $9.9M in total revenue.
Is Transitional Services Of New York For Long Island Inc a good charity?
Based on the provided data, the organization appears to be a very good charity. It demonstrates strong financial health with consistent revenue and asset growth, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with revenue increasing from $7,265,125 in 2019 to $9,205,054 in 2023, and assets growing from $10,426,849 to $16,965,957 over the same period, indicating robust and stable financial health.
What is the significance of 0% officer compensation?
Reporting 0% officer compensation means that the organization's leadership is not receiving salaries or benefits, which is highly unusual for an organization of this size. This suggests an exceptional commitment to directing all available funds towards program services and operational costs, rather than executive pay.
Filing History
IRS 990 filing history for Transitional Services Of New York For Long Island Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Transitional Services Of New York For Long Island Inc's revenue has grown by 19.8%, moving from $7.7M to $9.2M. Total assets increased by 71.6% over the same period, from $9.9M to $17.0M. Total functional expenses rose by 16.6%, from $7.5M to $8.7M. In its most recent filing year (2023), Transitional Services Of New York For Long Island Inc reported a surplus of $489K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $17.0M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $8.7M | $17.0M | $1.9M | — | — |
| 2022 | $8.7M | $7.8M | $16.5M | $2.2M | — | View 990 |
| 2021 | $9.1M | $7.0M | $13.1M | $1.2M | — | View 990 |
| 2020 | $8.3M | $7.7M | $11.0M | $1.7M | — | — |
| 2019 | $7.3M | $7.1M | $10.4M | $1.7M | — | View 990 |
| 2018 | $6.9M | $7.2M | $10.3M | $2.1M | — | View 990 |
| 2017 | $6.8M | $7.0M | $11.0M | $2.2M | — | — |
| 2016 | $7.2M | $6.9M | $10.8M | $1.9M | — | View 990 |
| 2015 | $7.7M | $7.2M | $10.0M | $1.2M | — | View 990 |
| 2014 | $7.6M | $7.5M | $9.6M | $1.2M | — | View 990 |
| 2013 | $7.4M | $7.9M | $9.7M | $1.4M | — | View 990 |
| 2012 | $7.2M | $7.5M | $10.4M | $1.7M | — | View 990 |
| 2011 | $7.7M | $7.5M | $9.9M | $858K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $8.7M, and assets of $17.0M (revenue +5.5% year-over-year).
- 2022: Revenue of $8.7M, expenses of $7.8M, and assets of $16.5M (revenue -4.5% year-over-year).
- 2021: Revenue of $9.1M, expenses of $7.0M, and assets of $13.1M (revenue +10.2% year-over-year).
- 2020: Revenue of $8.3M, expenses of $7.7M, and assets of $11.0M (revenue +14.1% year-over-year).
- 2019: Revenue of $7.3M, expenses of $7.1M, and assets of $10.4M (revenue +5.4% year-over-year).
- 2018: Revenue of $6.9M, expenses of $7.2M, and assets of $10.3M (revenue +1.8% year-over-year).
- 2017: Revenue of $6.8M, expenses of $7.0M, and assets of $11.0M (revenue -6.5% year-over-year).
- 2016: Revenue of $7.2M, expenses of $6.9M, and assets of $10.8M (revenue -6.4% year-over-year).
- 2015: Revenue of $7.7M, expenses of $7.2M, and assets of $10.0M (revenue +2.4% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.5M, and assets of $9.6M (revenue +2.0% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.9M, and assets of $9.7M (revenue +3.0% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.5M, and assets of $10.4M (revenue -6.4% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.5M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transitional Services Of New York For Long Island Inc:
Data Sources and Methodology
This transparency report for Transitional Services Of New York For Long Island 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.