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New York · Nonprofit

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND (New York) receives grants from 1 organization whose IRS filings report $5,370 to it, the largest being CENTER FOR ECONOMIC GROWTH INC ($5,370). 0 of them have funded it in more than one year.

Revenue FY2025
$145M
Funders on record
1
Grants received
$5k
Net assets
$-104471570
0/1 repeat funders
01What it does

What New York Center for Research Economic Advancement Technology Engineeringand does

Mission

The new york center for research, economic advancement, technology, engineering and science corporation (ny creates) formed for the purpose of advancing scientific research, education and economic development within new york state. Specifically, the purpose of ny creates is to facilitate the attraction and expansion of innovative research and development projects and facilities, and to develop strategic assets that support the growth of high technology companies throughout the state in cooperation with the state university of new york (suny) and the new york state urban development corporation d/b/a/ empire state development (esd).

As stated on its FY2025 Form 990.

Program

  1. Ny creates received a payment in the amount of $10,800,000 from fuller road management corporation along with a grant from empire state development corporation in the amount of $131,859,864. The grant funds were then paid to its related organization to build a facility in connection with ny creates' mission of supporting innovative research and development in the state.

    $240,710,262 spentof which $453,893 as grants$12,832,247 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $240,710,262.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($4.5M) Expenses 100 ($4.4M) Net assets 100 ($100k)2022 Revenue 149 ($6.6M) Expenses 121 ($5.3M) Net assets 1435 ($1.4M)2023 Revenue 393 ($18M) Expenses 263 ($11M) Net assets 7498 ($7.5M)2024 Revenue 969 ($43M) Expenses 1360 ($59M) Net assets -8570 ($-8567396)2025 Revenue 3254 ($145M) Expenses 5534 ($241M) Net assets -104508 ($-104471570)
20212022202320242025
Revenue (3254)Expenses (5534)Net assets (-104508)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $49M to $185M (+277%).

$100k
$1.4M
$7.5M
$49M
$185M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 75% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

91% of NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND’s revenue is contributions — more donation-reliant than the typical peer (36% for the typical peer).

This organization
Typical peer · 49 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$100k
’21
$1.3M
’22
$6.1M
’23
−$16M
’24
−$96M
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Douglas Grose

Chair

As listed on its FY2025 Form 990.

20212022202320242025
Listed1921162020
Joined·+3+0+4+4
No longer listed·1504
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND's grant income comes from New York funders.

NY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND has grown faster than three-quarters of the 29 science & tech nonprofits its size.

Operating margin−66% · bottom quartile
Months of reserve0.3mo · below the median
Revenue growth (annualized)139% · top quartile

this organization peer median middle 50% of peers· 29 science & tech nonprofits over $100M, FY2025

Organizations like NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 2 related entities

  • Fuller Road Management Corporation · exempt
  • Fort Schuyler Management Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND?
NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND (New York) receives grants from 1 organization whose IRS filings report $5,370 to it, the largest being CENTER FOR ECONOMIC GROWTH INC ($5,370). 0 of them have funded it in more than one year.
How many funders does NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND have?
IRS filings report 1 organization giving $5,370 in grants to NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND.
Who is the largest funder of NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND?
CENTER FOR ECONOMIC GROWTH INC is the largest funder on record, with $5,370 in grants. The full list of funders is on this page.
How can an organization like NEW YORK CENTER FOR RESEARCH ECONOMIC ADVANCEMENT TECHNOLOGY ENGINEERINGAND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing