Copay INC EIN 11-2212496 Form 990 (PDF) Claim this org

Copay INC FY2022 filing

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Provides counseling and support for substance abuse issues. For fiscal year 2022 it reported $924K in revenue, $906K in expenses, and $161K in net assets.Pt I

Founded
1970
Type
Public charity (501(c)(3)) · Community Development
Location
Great Neck, NY
Filings
4 on file (2020–2022)
Revenue
$924KFY2022
Expenses
$906K
Net assets
$161K
People
1
Filings
4
Updates
0
More identity details & actions ⌄
EIN  11-2212496 Public charity (501(c)(3)) Great Neck, NY Founded 1970
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides counseling and support for substance abuse issues.
Leadership
Schedule · As Needed · $175K
Money in and out
$924K revenue, $906K expenses
Bottom line
93% program efficiency
Where the money goes · FY2022
Total revenue
$924K
Pt VIII · Ln 12
Total expenses
$906K
Pt IX · Ln 25
Net assets
$161K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$924K
FY2022+0.5%
Expenses
$906K
FY2022▲ +0.7%
Total assets
$819K
FY2022▲ +142%
Total liabilities
$658K
FY2022▲ +238%
Total revenue
$924K
Pt VIII · Ln 12
Total expenses
$906K
Pt IX · Ln 25
Net assets
$161K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$819K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $843K of program spending, described in the organization's own filed words · FY2022.
01

Clinical Services including individual, family, and group therapy; psychiatric evaluations, medication enhanced treatment and psycho-tropic medication, psycho social evaluations, substance misuse treatment, crises intervention, children's services including academic support, leadership development, skills remediation and enhancement…

$843Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCopay INC
EINHdr · item D11-2212496
Principal addressHdr · item CGreat Neck, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1970
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFNov 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
As Needed
$174,949Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2022FY2021FY2020
Schedule$142,889$174,949$177,254$173,208
Maria$107,324
Fatima$35,565

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$889K · 96%
Program service revenue$35K · 4%
Contributions & grants96%$889K
Program service revenue4%$35K
— government grantsLn 1e$814K
Total revenueLn 12$924K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$843K
Management & general7%$63K
Total functional expensesLn 25$906K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$819K
Total liabilitiesLn 26$658K
Total net assetsLn 32$161K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $906K
0.8 months
Where the money goes
Program services
Program services $843K · Total expenses $906K
93%
Management & General
Management & general $63K · Total expenses $906K
7%
Fundraising
Fundraising $0 · Total expenses $906K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $167 · Solicited contributions (3-yr avg) $91K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $889K · Total revenue $924K
96%
Government reliance
Government grants $814K · Total revenue $924K
88%
Earned-income share
Program service revenue $35K · Total revenue $924K
4%
Investment reliance
Investment income $0 · Total revenue $924K
0%
Program self-sufficiency
Program service revenue $35K · Total expenses $906K
4%
Growth & trend
Revenue growth (YoY)
This year $924K · Prior year $920K
+0.5%
Net-asset trend (YoY)
End of year $161K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $924K · Expenses $906K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $819K
Net-asset ratio
Net assets $161K · Total assets $819K
20%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $819K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Schedule · Reported title AS NEEDED · Highest reported compensation $175K · Total expenses $906K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $663K · Total expenses $906K
73%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 0.5%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$964K revenue · ⤓ 990 PDF
FY2024not on file
FY2023not on file
FY2022$924K revenue · viewing · ⤓ 990 PDF
FY2021$920K revenue · ⤓ 990 PDF
FY2020$951K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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