New York Spirit Charities Inc Dba Cheer NY
Nonprofit profile at a glance
- EIN
- 461582989
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 5185885503
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $92,139
- Expenses
- $45,985
- Assets
- $95,836
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Colyn Fiendel-Milani (President)
- Nina Xue (Vice President)
People named in this filing
- Colyn Fiendel-Milani (President)
- Paloma Laretto (Treasurer)
- Nina Xue (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cheer for Lifeb
What it reported doing in 2024
Every year, the team selects one or two charities to be the recipients of our Cheer for Life fund. A large portion of all donations made to Cheer NY is then sent to those charities; the remainder is used to offset Cheer NY daily operating costs so that we can continue to do the good work we do. That is why we consider ourselves b
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.5%; rating input score 5
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 50.1%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 2.08; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 17.1% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 5.5% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.