Tribeca Nursery Center Inc
Tribeca Nursery Center Inc. consistently operates with a surplus and reports zero executive compensation.
EIN: 133721925 · New York, NY · NTEE: P33P · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $997K |
| Transparency Score | 95/100 |
Is Tribeca Nursery Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tribeca Nursery Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tribeca Nursery Center Inc
Tribeca Nursery Center Inc (EIN: 133721925) is a nonprofit organization based in New York, NY, classified under NTEE code P33P. The organization reported total revenue of $5.9M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tribeca Nursery Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tribeca Nursery Center Inc is a mid-size nonprofit that has been operating for 31 years, with 11 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$57K |
| Total Assets | $2.0M |
| Total Liabilities | $987K |
| Net Assets | $997K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 49.7% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2021, Tribeca Nursery Center Inc reported a surplus of $57K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 49.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2010–2021), Tribeca Nursery Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +7.4% | +10.9% | +112.1% |
| 2019 | -16.8% | -6.8% | -81.7% |
| 2018 | -0.6% | +0.2% | -0.2% |
| 2017 | -0.6% | -4.5% | -9.4% |
| 2016 | -1.0% | -2.9% | -13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Tribeca Nursery Center 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Tribeca Nursery Center Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.7%.
Executive Compensation Analysis
Tribeca Nursery Center Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with revenues often exceeding $2.5 million annually.
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 Tribeca Nursery Center Inc's IRS 990 filings:
- Significant fluctuation in assets over time, from $6.5 million in 2015 to $935,523 in 2019, then rebounding to $1.9 million in 2021, which could indicate asset management challenges or strategic shifts.
- The latest reported revenue of $5,921,844 is a substantial increase from previous years (e.g., $2,733,544 in 2021), and without further context, the sustainability and source of this sudden growth are unclear.
Strengths
The following positive indicators were identified for Tribeca Nursery Center Inc:
- Consistent operational surpluses, with revenues exceeding expenses in every reported period (e.g., $2,733,544 revenue vs. $2,676,659 expenses in 2021).
- Zero officer compensation reported across all filings, indicating a strong commitment to directing funds towards the mission.
- Demonstrates financial stability with manageable liabilities relative to assets (e.g., $986,719 liabilities vs. $1,983,872 assets in 2021).
- Significant recent revenue growth to $5,921,844, suggesting increased capacity for programmatic impact.
Frequently Asked Questions about Tribeca Nursery Center Inc
Is Tribeca Nursery Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tribeca Nursery Center Inc (EIN: 133721925) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Tribeca Nursery Center Inc spend its money?
Tribeca Nursery Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tribeca Nursery Center Inc tax-deductible?
Tribeca Nursery Center Inc is registered as a tax-exempt nonprofit (EIN: 133721925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tribeca Nursery Center Inc CEO make?
Tribeca Nursery Center Inc's highest-compensated officer earns $2.5 annually. The organization reported $5.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tribeca Nursery Center Inc's spending goes to programs?
Tribeca Nursery Center Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tribeca Nursery Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Tribeca Nursery Center Inc is above average for NTEE category P33P nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tribeca Nursery Center Inc located?
Tribeca Nursery Center Inc is headquartered in New York, New York and files with the IRS under EIN 133721925. It is classified under NTEE code P33P.
How many years of IRS 990 filings does Tribeca Nursery Center Inc have?
Tribeca Nursery Center Inc has 11 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 $5.9M in total revenue.
Is Tribeca Nursery Center Inc. a good charity?
Based on the available IRS 990 data, Tribeca Nursery Center Inc. appears to be a very good charity. It consistently operates with a surplus, indicating sound financial management, and notably reports 0% officer compensation, meaning all funds are directed towards its mission and operational costs rather than executive salaries. This demonstrates a strong commitment to its programmatic goals.
How has the organization's financial health changed over time?
The organization has consistently maintained a positive net income, with revenues exceeding expenses in all reported periods. Assets have fluctuated, peaking around $6.5 million in 2015, then declining, but showing a significant rebound from $935,523 in 2019 to $1,983,872 in 2021. The latest reported revenue of $5,921,844 indicates substantial recent growth.
What is the significance of 0% officer compensation?
The 0% officer compensation is a highly significant indicator of the organization's commitment to its mission. It means that no portion of the organization's revenue is used to pay salaries to its officers, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed to programs.
Filing History
IRS 990 filing history for Tribeca Nursery Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2021), Tribeca Nursery Center Inc's revenue has grown by 27.4%, moving from $2.1M to $2.7M. Total assets decreased by 38.4% over the same period, from $3.2M to $2.0M. Total functional expenses rose by 29.5%, from $2.1M to $2.7M. In its most recent filing year (2021), Tribeca Nursery Center Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $987K in liabilities against $2.0M in assets (debt-to-asset ratio: 49.7%), resulting in net assets of $997K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $2.7M | $2.7M | $2.0M | $987K | — | View 990 |
| 2019 | $2.5M | $2.4M | $936K | $10K | — | View 990 |
| 2018 | $3.1M | $2.6M | $5.1M | $2.0M | — | View 990 |
| 2017 | $3.1M | $2.6M | $5.1M | $2.5M | — | View 990 |
| 2016 | $3.1M | $2.7M | $5.7M | $2.4M | — | View 990 |
| 2015 | $3.1M | $2.8M | $6.5M | $2.3M | — | View 990 |
| 2014 | $3.1M | $2.8M | $6.5M | $2.6M | — | View 990 |
| 2013 | $3.2M | $2.6M | $6.1M | $2.5M | — | View 990 |
| 2012 | $3.0M | $2.5M | $3.9M | $877K | — | View 990 |
| 2011 | $2.9M | $2.4M | $3.6M | $1.0M | — | View 990 |
| 2010 | $2.1M | $2.1M | $3.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $2.0M (revenue +7.4% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $936K (revenue -16.8% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.6M, and assets of $5.1M (revenue -0.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.6M, and assets of $5.1M (revenue -0.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.7M, and assets of $5.7M (revenue -1.0% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.8M, and assets of $6.5M (revenue +0.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.8M, and assets of $6.5M (revenue -1.8% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.6M, and assets of $6.1M (revenue +5.8% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.5M, and assets of $3.9M (revenue +3.9% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.4M, and assets of $3.6M (revenue +34.5% year-over-year).
- 2010: Revenue of $2.1M, expenses of $2.1M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tribeca Nursery Center Inc:
Data Sources and Methodology
This transparency report for Tribeca Nursery 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.