Is 60 86 Madison Avenue District Management Association Inc Legit?
Quick charity verification for 60 86 Madison Avenue District Management Association Inc (EIN: 133884086)
Verdict: 60 86 Madison Avenue District Management Association Inc appears trustworthy
88/100Mission Score
$2.2MRevenue
$1.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with revenues and expenses around $2 million.
Significant growth in assets, increasing from $734,272 in 2019 to $2,054,038 in 2023.
0% reported officer compensation across all filings, indicating high efficiency and resource allocation to programs.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Liabilities are well-managed relative to asset growth.
Spending Breakdown
How 60 86 Madison Avenue District Management Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 60 86 Madison Avenue District Management Association Inc
Is 60 86 Madison Avenue District Management Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 60 86 Madison Avenue District Management Association Inc (EIN: 133884086) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is 60 86 Madison Avenue District Management Association Inc a good charity to donate to?
60 86 Madison Avenue District Management Association Inc has a Mission Score of 88/100. Revenue: $2.2M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 60 86 Madison Avenue District Management Association Inc?
The Employer Identification Number (EIN) for 60 86 Madison Avenue District Management Association Inc is 133884086. 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 60 86 Madison Avenue District Management Association Inc spend its money?
60 86 Madison Avenue District Management Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 60 86 Madison Avenue District Management Association Inc's tax-exempt status?
You can verify 60 86 Madison Avenue District Management Association Inc's tax-exempt status using EIN 133884086 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
60 86 Madison Avenue District Management Association Inc demonstrates consistent financial activity, with revenues and expenses hovering around the $2 million mark over the past decade. The organization's assets have shown significant growth, more than doubling from $966,561 in 2021 to $2,054,038 in 2023, indicating a strengthening financial position. Liabilities have also increased, but at a slower pace than assets, suggesting prudent financial management.
The organization's spending efficiency appears to be strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific program spending ratios aren't detailed in the provided data, the absence of executive compensation is a positive indicator for donor confidence.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The lack of reported officer compensation is a key transparency point, as it indicates either a volunteer-led executive team or compensation falling below reporting thresholds, which would still imply a lean administrative structure. Further analysis of the full 990 forms would be needed to fully assess program spending ratios and other operational details.