Nyack Center
Nonprofit profile at a glance
- EIN
- 133643372
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Nyack, NY, USA
- Phone
- 8453582600
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $972,468
- Expenses
- $1,278,319
- Assets
- $1,539,213
- Liabilities
- $229,008
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Highest reported compensation
- KIM CROSS (Executive Dir.): $117,260 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Nyack Center (the organization or the center) is a not-for-profit agency located in Nyack, New York that provides space and programs for community-building, community celebration, and community services for residents of Nyack and all of Rockland County. The Centers purposes include creating connections across social, cultural, and economic boundaries to improve the life of the community; serving groups of all kinds by providing programs for the immediate neighborhoods as well as the larger area of the Nyacks and the County at large; and nurturing and empowering children and responding to the particular needs of children and families through educational and recreational programs and events. The Center is primarily supported through government grants and donor contributions.
What it reported doing in 2024
After School ProgramThe 87 Students in our After School Program range from kindergarten to eighth grade. Children have a nutritious snack, do their homework, work one on one with tutors, and participate in Health and Wellness classes established by Rebecca and Peter Lang, like yoga, dance, art, and cooking. In response to the effects of the pandemic, the programs and activities are designed to: support our childrens socio-emotional wellbeing, give them opportunities to explore their feelings and find lasting ways to manage challenges. In collaboration with The Nyack School District, students are bused from their various schools to Nyack Center.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.5%; rating input score 78
- Fundraising efficiency: $16.42 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -31.5%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 9.2%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.5% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 8 filed program accomplishments · $991K in reported program spending
- Leadership: top reported pay $117K · 15 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 6/100.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.