Special Funds Conservation Committee
501(c)(6)
Only null% goes to programs Strong reserves
Special Funds Conservation Committee is a 501(c)(6) organization based in New York, New York, registered in 1972, with $0 in FY2023 revenue. CharityIndex grades it B+.
Co Novo Advisors 600 Third Ave, New York, NY, 10016 EIN 13-1331235 Since 1972
Revenue (FY2023)
$0
Expenses (FY2023)
$102K
Net assets
$993K
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—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 Special Funds Conservation Committee— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating117 mo reserves
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 Special Funds Conservation Committee: 117 mo reserves earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Special Funds Conservation Committee: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Special Funds Conservation Committee: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
See schedule o.the special funds conservation committee (the "committee") was organized in new york state in 1938 for the purpose of conserving the assets of the "special funds created under subdivision of sections 15 and 25-a of the workers' compensation law of the state of new york. it performed services in connection with special funds and cooperates with the chairman and members of the new york workers' compensation board, the superintendent of insurance, and any other public official whose duties are concerned with the operation of the special funds. as described in part iii, line 3, the expected date of dissolution is december 31, 2025. further, the operations of the committee have been amended such that the committee will only engage in activities related to the wind-down of the committee until dissolution.
Contact & location
Financial trends
Revenue declined from $17.4M (FY2013) to $0 (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $929KNet assets $993K
Total assets
$1.9M
Total liabilities
$929K
Net assets
$993K
Salaries & benefits
$0
0% of expenses
Board members
2
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $0 | $101,710▲311% | $992,904▼6.8% | $1,922,023▼22.0% | 990 |
| 2022 | $0 | $24,720▼73.3% | $1,065,410▼55.6% | $2,462,853▼42.3% | 990 |
| 2021 | $0 | $92,737▲29.7% | $2,398,391▼4.0% | $4,266,287▼12.3% | 990 |
| 2020 | $0 | $71,528▼99.7% | $2,497,461▼55.1% | $4,862,681▼47.6% | 990 |
| 2019 | $0▼100% | $21,146,359▼21.3% | $5,559,942▼88.4% | $9,287,764▼84.6% | 990 |
| 2018 | $62,896,969▲293% | $26,855,565▲137% | $47,846,194▲305% | $60,241,002▲218% | 990 |
| 2017 | $16,009,366▲17.8% | $11,335,717▼13.4% | $11,804,790▲74.0% | $18,915,348▲31.0% | 990 |
| 2016 | $13,586,551▲0.8% | $13,087,416▼2.4% | $6,786,138▲39.0% | $14,436,799▲2.1% | 990 |
| 2015 | $13,485,030▼13.7% | $13,414,461▼11.0% | $4,882,254▼13.8% | $14,138,216▼3.1% | 990 |
| 2014 | $15,632,658▼10.4% | $15,072,659▼6.3% | $5,665,974▼12.8% | $14,585,563▲1.7% | 990 |
| 2013 | $17,440,295 | $16,081,873▼2.1% | $6,497,338▲2717% | $14,341,512▲10.6% | 990 |
| 2012 | — | $16,433,185▼19.1% | $230,644▼73.2% | $12,967,532▲13.2% | 990 |
| 2011 | — | $20,301,292▲31.9% | $860,584▼74.4% | $11,456,065▲5.2% | 990 |
| 2010 | — | $15,393,542 | $3,356,579 | $10,891,033 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeremy Attie | Board Member | 2 | — |
| Richard Vanderbeek | Chief Operating Officer | 5 | — |
| William Gantrix | Board Member | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Binh Ly | Consulting | $115,600 |
| Grant Thornton LLP | Consulting | $107,776 |
Frequently asked questions
- Is Special Funds Conservation Committee a legitimate nonprofit?
- Yes. Special Funds Conservation Committee is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 13-1331235, based in New York, New York.
- What is Special Funds Conservation Committee's EIN?
- Special Funds Conservation Committee's Employer Identification Number (EIN) is 13-1331235.
- How much revenue does Special Funds Conservation Committee report?
- Special Funds Conservation Committee reported $0 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Special Funds Conservation Committee have?
- CharityIndex grades Special Funds Conservation Committee B+, based on financial health (reserves and operating margin).
- How much does Special Funds Conservation Committee's highest-paid employee make?
- The highest reported compensation on Special Funds Conservation Committee's latest Form 990 is $0, paid to Jeremy Attie (Board Member).
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Data for Special Funds Conservation Committee (EIN 13-1331235) 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.