Trustees Of The Sailors Snug Harbor In The City Of New York

Source Check Matrix

What Has Been Verified vs. What Needs Human Review

Source and Resolution Links

Finish the Investigation Outside Our Dataset

When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.

Workflow Engine

Queries We Should Resolve, Not Just Answer

Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.

Search Intent Cockpit

Trustees Of The Sailors Snug Harbor In The City Of New York Form 990, Revenue, CEO Pay, and IRS Filing Signals

Trustees Of The Sailors Snug Harbor In The City Of New York is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Trustees Of The Sailors Snug Harbor In The City Of New York in one place.

Is Trustees Of The Sailors Snug Harbor In The City Of New York Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Trustees Of The Sailors Snug Harbor In The City Of New York shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Human Services peer market in New York →

Next Best Actions

Keep the Investigation Moving

Research Workflow

Turn this Form 990 profile into a donor-ready report

Request a concise report for Trustees Of The Sailors Snug Harbor In The City Of New York with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.

Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.

Trustees Of The Sailors Snug Harbor In The City Of New York directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Trustees Of The Sailors Snug Harbor In The City Of New York

Trustees Of The Sailors Snug Harbor In The City Of New York (EIN: 135562398) is a nonprofit organization based in New York, NY, classified under NTEE code P750. The organization reported total revenue of $34.2M and total assets of $65.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustees Of The Sailors Snug Harbor In The City Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Trustees Of The Sailors Snug Harbor In The City Of New York is a large nonprofit that has been operating for 69 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Trustees Of The Sailors Snug Harbor In The City Of New York reported a deficit of $1.0M with expenses exceeding revenue, holds 337.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Trustees Of The Sailors Snug Harbor In The City Of New York's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.

IRS Tax-Exempt Classification

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 Trustees Of The Sailors Snug Harbor In The City Of New York 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, Trustees Of The Sailors Snug Harbor In The City Of New York 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 deficit of $1.0M, with expenses exceeding revenue.
• Debt-to-asset ratio: 0.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of this asset size ($61M+). This suggests a volunteer-led executive structure or that compensation is reported under other categories, warranting further investigation for complete transparency.

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 Trustees Of The Sailors Snug Harbor In The City Of New York's IRS 990 filings:

• Consistent operational deficits in recent years (e.g., 2023 and 2022 expenses significantly exceeding revenue).
• Significant fluctuations in annual revenue, indicating potential instability in funding sources.
• Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for Trustees Of The Sailors Snug Harbor In The City Of New York:

• Strong and consistent growth in assets over the past decade, from $37,329,582 in 2011 to $61,395,541 in 2023.
• No reported officer compensation across all filings, suggesting low executive overhead.
• Consistent filing of IRS Form 990s, indicating a commitment to public financial disclosure.
• Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $326,784 liabilities vs. $61,395,541 assets in 2023).

Frequently Asked Questions about Trustees Of The Sailors Snug Harbor In The City Of New York

Filing History

IRS 990 filing history for Trustees Of The Sailors Snug Harbor In The City Of New York showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Trustees Of The Sailors Snug Harbor In The City Of New York's revenue has declined by 36.9%, moving from $1.8M to $1.2M. Total assets increased by 64.5% over the same period, from $37.3M to $61.4M. Total functional expenses rose by 33.1%, from $1.6M to $2.2M. In its most recent filing year (2023), Trustees Of The Sailors Snug Harbor In The City Of New York reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $327K in liabilities against $61.4M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $61.1M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.2M, expenses of $2.2M, and assets of $61.4M (revenue +0.0% year-over-year).
• 2022: Revenue of $1.2M, expenses of $2.1M, and assets of $56.3M (revenue -63.5% year-over-year).
• 2021: Revenue of $3.2M, expenses of $2.3M, and assets of $69.8M (revenue +85.4% year-over-year).
• 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $61.3M (revenue -59.3% year-over-year).
• 2019: Revenue of $4.2M, expenses of $1.9M, and assets of $54.1M (revenue +177.5% year-over-year).
• 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $40.9M (revenue -66.1% year-over-year).
• 2014: Revenue of $4.5M, expenses of $3.3M, and assets of $43.1M (revenue +186.9% year-over-year).
• 2013: Revenue of $1.6M, expenses of $1.2M, and assets of $44.2M (revenue -54.9% year-over-year).
• 2012: Revenue of $3.5M, expenses of $1.3M, and assets of $40.7M (revenue +88.8% year-over-year).
• 2011: Revenue of $1.8M, expenses of $1.6M, and assets of $37.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Trustees Of The Sailors Snug Harbor In The City Of New York:

Data Sources and Methodology

This transparency report for Trustees Of The Sailors Snug Harbor In The City Of New York 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.