Round Table 1 New York Inc

Nonprofit profile at a glance

EIN
320334596
IRS 990-EZ coverage
2013–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
Brooklyn, NY, USA
Phone
9178155093
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Recreational l Clubs

Reported finances

Revenue
$85,375
Expenses
$74,765
Assets
$24,005
Liabilities
$4,502

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • BOB TER HUURNE (CHAIRMAN)
  • JAN KRUMSIEK (TREASURER)
  • JON TABER (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop-cultivate the highest ideals in business, professional-civic traditions. To promote-develop worldwide cooperation, understanding and friendship.

What it reported doing in 2023

Organized meetings, lectures, discussion sessions and various cultural events to strengthen fellowship and international relationships.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 86.5%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 12.4%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 16.9% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 75.7% of revenue deployed · 86.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.