Revenue has declined significantly from $471,576 in 2015 to $377,825 in 2013 (earliest available data point after 2015).
Liabilities consistently exceed assets, with $4,527,732 in liabilities against $4,475,981 in assets in 2015, indicating potential financial instability.
The organization's net assets are negative across all reported years, suggesting a persistent deficit.
Strengths
The organization has consistently filed financial reports, indicating a basic level of compliance.
Spending Breakdown
How 329 Park Avenue Tenants Assoc Inc C/O Calello Agency allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about 329 Park Avenue Tenants Assoc Inc C/O Calello Agency
Is 329 Park Avenue Tenants Assoc Inc C/O Calello Agency a legitimate charity?
Based on AI analysis of IRS 990 filings, 329 Park Avenue Tenants Assoc Inc C/O Calello Agency (EIN: 222593883) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 1 strength noted.
Is 329 Park Avenue Tenants Assoc Inc C/O Calello Agency a good charity to donate to?
329 Park Avenue Tenants Assoc Inc C/O Calello Agency has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 329 Park Avenue Tenants Assoc Inc C/O Calello Agency?
The Employer Identification Number (EIN) for 329 Park Avenue Tenants Assoc Inc C/O Calello Agency is 222593883. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does 329 Park Avenue Tenants Assoc Inc C/O Calello Agency spend its money?
329 Park Avenue Tenants Assoc Inc C/O Calello Agency allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 329 Park Avenue Tenants Assoc Inc C/O Calello Agency's tax-exempt status?
You can verify 329 Park Avenue Tenants Assoc Inc C/O Calello Agency's tax-exempt status using EIN 222593883 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
329 Park Avenue Tenants Assoc Inc C/O Calello Agency is a unknown nonprofit based in Newark, New Jersey, with reported revenue of $0 and assets of $0. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Revenue has remained stable +2% across 4 filing periods.