The organization provides services to the disabled population by administering a pooled special needs trust for disabled individuals who cannot care for themselves.

501(c)(3) charity; gifts are tax-deductible.
49¢ of each $1 spent went to programs.
$198K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $120K a year · 38% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
49%
of spending
Concern: 49% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$198K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $92K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$839K
×29977 of total assets
Concern: liabilities are 2997700% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$262K
-22% vs prior year
Spent
$552K
To programs
49%
Net assets
−$839K
By yearFY2020–FY2024
Revenue
$262K
FY2022▼ -22%
Tap a bar for its year
Revenue by fiscal year
FY2020$353K
FY2021$336K
FY2022$262K
FY2023$371K
FY2024$249K
Expenses
$552K
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$577K
FY2021$519K
FY2022$552K
FY2023$265K
FY2024$258K
Net assets
−$839K
FY2022▼ -53%
Tap a bar for its year
Net assets by fiscal year
FY2020−$366K
FY2021−$549K
FY2022−$839K
FY2023−$733K
FY2024−$742K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

49 cents of each dollar spent went to programs.

Program services 49% · $269K Management & general 51% · $283K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $198K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$198,077Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jacob Spitzer’s $15K as Executive Director is at the 59th percentile of top reported officer pay among 540 $100K–1M mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Jacob Spitzer$15,384$198,077$103,846$69,576
Chaim Lunger———$123,462

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Administers a special needs trust for disabled individuals unable to care for themselves.

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Provided by the organization

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1 program · $269K · in their own filed words · FY2022
01

The organization generates revenue from managing pooled medicaid trusts service programs for the benefit of disabled and special needs individuals in new york. The organization was established to manage pooled medicaid trusts pursuant to ny social services law section 366(2)(B)(2)(III)(B).

$269Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$92K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$262K
Ln 12
Fees for servicesLn 2g$262K
Money outPt IX
$552K
Ln 25
Programscol B$269K
Managementcol C$283K
Owns and owesPt X
−$839K
net assets · Ln 32
Cash and savingsLn 1–2$28
Total assetsLn 16$28
LiabilitiesLn 26$839K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$262K
Total revenueLn 12$262K
Assets in detailPt X, end of year
CashLn 1$28
Cash and savings togetherLn 1–2$28
Total assetsLn 16$28
LiabilitiesLn 26$839K
Net assetsLn 32−$839K
OperationsPt I, VI
EmployeesI 55
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$111K$28
Total assetsLn 16$111K$28
LiabilitiesLn 26$660K$839K
Net assetsLn 32−$549K−$839K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$200$200
Pay of current officers, directors and key staffLn 5$215K$108K$108K
Other salaries and wagesLn 7$89K$89K
Other employee benefitsLn 9$20K$20K
Payroll taxesLn 10$19K$12K$7K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$60K$60K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$26K$26K
Information technologyLn 14$32K$32K
OccupancyLn 16$29K$14K$14K
TravelLn 17$14K$14K
InterestLn 20$23K$23K
InsuranceLn 23$3K$3K
Total functional expensesLn 25$552K$269K$283K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $249K$258K−$9K−$742K 990 PDF
FY2023 $371K$265K$107K−$733K 990 PDF
FY2022 Viewing $262K$552K−$291K−$839K 990 PDF
FY2021 $336K$519K−$183K−$549K 990 PDF
FY2020 $353K$577K−$223K−$366K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $261,773 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $130,655$0
I-9 Program service revenuePrior year $205,505$261,773
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $336,160$261,773
I-13 Grants and similar amounts paidPrior year $350$200
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $365,995$342,395
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $153,082$209,703
I-18 Total expensesPrior year $519,427$552,298
I-19 Revenue less expensesPrior year −$183,267−$290,525
Part VI · Governance 3 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $261,773 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $261,773$261,773
VIII-12 Total revenueRelated to mission $261,773 · Unrelated business $0 · Excluded from tax $0$261,773
Part IX · Statement of functional expenses $552,298 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $200$200
IX-5 Pay of current officers, directors and key staffPrograms $107,731 · Management $107,731$215,462
IX-7 Other salaries and wagesPrograms $88,507$88,507
IX-9 Other employee benefitsPrograms $19,669$19,669
IX-10 Payroll taxesPrograms $12,072 · Management $6,685$18,757
IX-11c Accounting feesManagement $15,000$15,000
IX-11g Other fees for servicesManagement $60,267$60,267
IX-12 Advertising and promotionManagement $7,077$7,077
IX-13 Office expensesPrograms $26,176$26,176
IX-14 Information technologyManagement $32,062$32,062
IX-16 OccupancyPrograms $14,470 · Management $14,470$28,940
IX-17 TravelManagement $13,702$13,702
IX-20 InterestManagement $23,372$23,372
IX-23 InsuranceManagement $3,107$3,107
IX-25 Total functional expensesPrograms $268,825 · Management $283,473 · Fundraising $0$552,298
Part X · Balance sheet $28 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $111,409$28
X-16 Total assetsStart of year $111,409$28
X-17 Accounts payable and accrued expensesStart of year $19,263$45,307
X-24 Unsecured notes and loans payableStart of year $141,030$294,030
X-26 Total liabilitiesStart of year $660,193$839,337
X-27 Net assets without donor restrictionsStart of year −$548,784−$839,309
X-32 Total net assets or fund balancesStart of year −$548,784−$839,309
X-33 Total liabilities and net assetsStart of year $111,409$28
Part XI · Reconciliation of net assets −$839,309 net assets at year end
XI-1 Total revenue$261,773
XI-2 Total expenses$552,298
XI-3 Revenue less expenses−$290,525
XI-4 Net assets at start of year−$548,784
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$839,309

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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