Financial Service Centers of New York Inc A Trade Association
501(c)(6)
Only null% goes to programs
Financial Service Centers of New York Inc A Trade Association is a 501(c)(6) organization based in Washington, District of Columbia, registered in 1958, with $443,975 in FY2024 revenue. CharityIndex grades it B.
1909 K St Nw Ste 400, Washington, DC, 20006 EIN 13-6110520 Since 1958
Revenue (FY2024)
$444K
▼ 24.9% vs prior year
Expenses (FY2024)
$287K
Net assets
$89K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Financial Service Centers of New York Inc A Trade Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +35% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Financial Service Centers of New York Inc A Trade Association: 4 mo reserves · +35% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Financial Service Centers of New York Inc A Trade Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Financial Service Centers of New York Inc A Trade Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1909 K St Nw Ste 400, Washington, DC, 20006
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $733K (FY2019) to $444K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $89K
Operating margin
35.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$89K
Total liabilities
$0
Net assets
$89K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $443,975▼24.9% | $287,334▼62.6% | $88,668▲230% | $88,668▼32.8% | 990 |
| 2023 | $591,202▼11.3% | $767,928▲19.5% | -$67,973▼163% | $132,027▲21.4% | 990 |
| 2022 | $666,892▲65.4% | $642,497▲54.6% | $108,753▲28.9% | $108,753▲28.9% | 990 |
| 2021 | $403,162▼2.5% | $415,503▼5.4% | $84,358▼12.8% | $84,358▼12.8% | 990 |
| 2020 | $413,475▼43.6% | $439,315▼45.6% | $96,699▼21.1% | $96,699▼21.1% | 990 |
| 2019 | $732,890 | $806,831 | $122,539 | $122,539 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Financial Service Centers of New York Inc A Trade Association a legitimate nonprofit?
- Yes. Financial Service Centers of New York Inc A Trade Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 13-6110520, based in Washington, District of Columbia.
- What is Financial Service Centers of New York Inc A Trade Association's EIN?
- Financial Service Centers of New York Inc A Trade Association's Employer Identification Number (EIN) is 13-6110520.
- How much revenue does Financial Service Centers of New York Inc A Trade Association report?
- Financial Service Centers of New York Inc A Trade Association reported $443,975 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Financial Service Centers of New York Inc A Trade Association have?
- CharityIndex grades Financial Service Centers of New York Inc A Trade Association B, based on financial health (reserves and operating margin).
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Data for Financial Service Centers of New York Inc A Trade Association (EIN 13-6110520) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.