Msbgc-nyc Support Corporation is a 501(c)(3) organization based in New York, New York, registered in 2017, with -$960,406 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
-$960K
▲ 8.9% vs prior year
Youth median: $163K
Expenses (FY2023)
$301K
Net assets
$38.2M
Employees
—
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 Msbgc-nyc Support Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Msbgc-nyc Support Corporation: 1521 mo reserves · -131% margin earns a F on this criterion. See the exact thresholds →
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 Msbgc-nyc Support Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Msbgc-nyc Support Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $10K (FY2017) to -$960K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-131.4%
Spent more than it raised in the latest fiscal year.
Total assets
$38.2M
Total liabilities
$0
Net assets
$38.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$960,406▲8.9% | $301,356▼9.6% | $38,209,369▲1553% | $38,209,369▼2.9% | 990 |
| 2022 | -$1,054,084▼1.9% | $333,455▲46.1% | $2,311,131▼37.5% | $39,352,020▼3.1% | 990 |
| 2021 | -$1,034,027▼1.7% | $228,298▲21.2% | $3,698,670▼25.4% | $40,613,917▼2.5% | 990 |
| 2020 | -$1,017,033▼154% | $188,300▲0.4% | $4,960,995▼19.5% | $41,644,554▼2.7% | 990 |
| 2019 | -$400,619▼173% | $187,500▲75811% | $6,166,328▼8.7% | $42,816,275▼2.4% | 990 |
| 2018 | $549,879▲5212% | $247▼99.9% | $6,754,447▲8.9% | $43,848,538▼4.5% | 990 |
| 2017 | $10,352 | $203,671 | $6,204,815 | $45,910,849 | 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.
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Data for Msbgc-nyc Support Corporation (EIN 81-5459134) 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.