Civic Intelligence

New York Intl Arbitration Center Inc

EIN 45-5585951 • 501(c)6 • New York, NY

Profile

The new york international arbitration center (nyiac) was formed to advance, strenthen and promote the conduct of international arbitration in new york. Nyiac does not administer arbitrations. Nyiac develops programs and materials about international arbitration, the application of new york law in international arbitration, and the recognition, enforcement and implementation in new york of arbitral awards. Arbitration hearings are hosted by nyiac for any duration of time and nyiac is dedicated to educating the global community about new york as a choice of law and seat arbitration.

909 Third Avenue PO Box 280New York, NY 10150

www.nyiac.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.20x

Higher debt load relative to assets than 54% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

0.57x

Higher debt load relative to revenue than 89% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

90th percentile

$245,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 27.0% of source-year revenue.

NTEE I • $1M-$5M nonprofits • Source year 2025

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-7.9%

Faster revenue growth than 20% of similar nonprofits.

NTEE I • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,970,416

Up $235,921 (+14%) from 2023

Liabilities

Down

$177,360

Down $71,590 (-29%) from 2023

Net Assets

Up

$1,793,056

Up $307,511 (+21%) from 2023

Revenue

Down

$983,465

Down $482,691 (-33%) from 2023

Expenses

Down

$675,954

Down $284,441 (-30%) from 2023

Net Income

Down

$307,511

Down $198,250 (-39%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $734,131Liabilities 2013: $77,365Net Assets 2013: $656,7662013Assets 2014: $701,948Liabilities 2014: $92,299Net Assets 2014: $609,6492014Assets 2015: $938,396Liabilities 2015: $225,053Net Assets 2015: $713,3432015Assets 2016: $834,140Liabilities 2016: $166,131Net Assets 2016: $668,0092016Assets 2017: $656,405Liabilities 2017: $135,692Net Assets 2017: $520,7132017Assets 2018: $641,439Liabilities 2018: $202,424Net Assets 2018: $439,0152018Assets 2019: $847,046Liabilities 2019: $339,813Net Assets 2019: $507,2332019Assets 2020: $404,668Liabilities 2020: $57,939Net Assets 2020: $346,7292020Assets 2021: $526,912Liabilities 2021: $39,423Net Assets 2021: $487,4892021Assets 2022: $1,442,618Liabilities 2022: $462,834Net Assets 2022: $979,7842022Assets 2023: $1,734,495Liabilities 2023: $248,950Net Assets 2023: $1,485,5452023Assets 2024: $1,970,416Liabilities 2024: $177,360Net Assets 2024: $1,793,0562024

Highlighted filing

2024

Assets$1,970,416
Liabilities$177,360
Net Assets$1,793,056

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $579,353Expenses 2013: $387,612Net Income 2013: $191,7412013Revenue 2014: $421,300Expenses 2014: $468,417Net Income 2014: -$47,1172014Revenue 2015: $518,614Expenses 2015: $414,920Net Income 2015: $103,6942015Revenue 2016: $377,389Expenses 2016: $422,723Net Income 2016: -$45,3342016Revenue 2017: $228,015Expenses 2017: $375,311Net Income 2017: -$147,2962017Revenue 2018: $297,168Expenses 2018: $378,866Net Income 2018: -$81,6982018Revenue 2019: $511,520Expenses 2019: $443,302Net Income 2019: $68,2182019Revenue 2020: $286,822Expenses 2020: $447,326Net Income 2020: -$160,5042020Revenue 2021: $446,398Expenses 2021: $305,638Net Income 2021: $140,7602021Revenue 2022: $922,882Expenses 2022: $430,587Net Income 2022: $492,2952022Revenue 2023: $1,466,156Expenses 2023: $960,395Net Income 2023: $505,7612023Revenue 2024: $983,465Expenses 2024: $675,954Net Income 2024: $307,5112024

Highlighted filing

2024

Revenue$983,465
Expenses$675,954
Net Income$307,511

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 3, 2025
Return Version
2024v5.1
Gross Receipts
$983,465
Mission and Program Overview

Mission

The new york international arbitration center nyiac was formed to advance, strenthen and promote the conduct of international arbitration in new york. Nyiac does not administer arbitrations. Nyiac develops programs and materials about international arbitration, the application of new york law in international arbitration, and the recognition, enforcement and implementation in new york of arbitral awards. Arbitration hearings are hosted by nyiac for any duration of time and nyiac is dedicated to educating the global community about new york as a choice of law and seat arbitration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$1,744,278-
Cash and Non-Interest-Bearing Accounts$1,667,995$138,168▼ $1,529,827
Accounts Receivable$66,500$45,820▼ $20,680
Land, Buildings, and Equipment, Net-$28,042-
Prepaid Expenses and Deferred Charges-$14,108-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,734,495$1,970,416▲ $235,921
Other Assets Total-$0-
Liabilities
Deferred Revenue$208,800$163,480▼ $45,320
Accounts Payable and Accrued Expenses$40,149$13,880▼ $26,269
Other Liabilities$1--
Total Liabilities$248,950$177,360▼ $71,590
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,485,545$1,793,056▲ $307,511
Total Net Assets Fund Balance$1,485,545$1,793,056▲ $307,511
Total Liabilities and Net Assets / Fund Balance$1,734,495$1,970,416▲ $235,921

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,042$1,539$29,581
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rekha RangchariExecutive DirectorFT$190,417$50,000$240,417
Revenue and Support

Revenue Composition

Contributions and Grants
$303,000
Program Service Revenue
$662,920
Investment Income
$17,545
Other Revenue
$0
All Other Contributions
$28,000
Change in Net Assets
$307,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$983,465
Total Revenue per Audited Statements
$983,465
Total Revenue per Form 990
$983,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,775
Salaries, Compensation, and Employee Benefits$315,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$240,417-$240,417
Occupancy$221,000--$221,000
Other Employee Benefits-$37,215-$37,215
Other Salaries and Wages-$20,403-$20,403
Fees for Services Accounting-$18,223-$18,223
Payroll Taxes-$17,144-$17,144
Office Expenses-$6,883-$6,883
Fees for Services Other-$6,465-$6,465
Other Expenses$77,894$5,050-$5,050
Insurance-$2,344-$2,344
Advertising-$1,725-$1,725
Depreciation Depletion-$1,539-$1,539
Total Functional Expenses$298,894$377,060$0$675,954

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$675,954
Total Expenses per Audited Statements$675,954
Total Expenses per Form 990$675,954
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Certain directors have business relationships in their capacity as attorneys.

Form 990, Part VI, Section A, Line 6

The nyiac has law firms as members.

Form 990, Part VI, Section B, Line 11B

The form 990 was submitted to the executive director, executive committee and finance committee for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Any conflicts of interest that arise are discussed at board meetings.

Form 990, Part VI, Section B, Line 15A

The organization reviews the compensation at comparable organizations and uses that information as a guideline in determining appropriate compensation.

Form 990, Part VI, Section B, Line 15B

The organization reviews the compensation at comparable organizations and uses that information as a guideline in determining appropriate compensation.

Form 990, Part VI, Section C, Line 18

The governing documents, policies and financial statements are available upon request.

Form 990, Part VI, Section C, Line 19

The governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
New York Intl Arbitration Center Inc
EIN
45-5585951
Phone
9173009550
Address
909 Third Avenue PO Box 280, New York, NY 10150

Signing Officer

Name
Carla Chavich
Title
Treasurer
Signed
2025-05-03
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Ny
Voting Board Members
38
Independent Board Members
0
Employees
1

Preparer

Firm
Peter B Scala CPA LLC
Address
775 Park AveSte 255, Huntington, NY 11743-7538
Preparer
Peter B Scala CPA
Phone
6319230200
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization has analyzed the tax positions taken on its tax returns, and has concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions however, there are currently no audits for any tax periods in progress. The organization's tax returns for the years ended december 31, 2021 to 2024 are open to examination.

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