Is 82 Nd Street Academics Legit?

Quick charity verification for 82 Nd Street Academics (EIN: 200788352)

Verdict: 82 Nd Street Academics appears trustworthy

92/100Mission Score
$4.9MRevenue
$1.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How 82 Nd Street Academics allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 82 Nd Street Academics

Is 82 Nd Street Academics a legitimate charity?

Based on AI analysis of IRS 990 filings, 82 Nd Street Academics (EIN: 200788352) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is 82 Nd Street Academics a good charity to donate to?

82 Nd Street Academics has a Mission Score of 92/100. Revenue: $4.9M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for 82 Nd Street Academics?

The Employer Identification Number (EIN) for 82 Nd Street Academics is 200788352. 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 82 Nd Street Academics spend its money?

82 Nd Street Academics allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify 82 Nd Street Academics's tax-exempt status?

You can verify 82 Nd Street Academics's tax-exempt status using EIN 200788352 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

82 Nd Street Academics demonstrates a generally stable financial position, though with some fluctuations in recent years. In the latest filing (202306), the organization reported revenues of $4,919,702 against expenses of $4,980,536, indicating a slight operating deficit. This follows a significant surplus in 202206 where revenue ($6,795,716) substantially exceeded expenses ($4,619,938). The organization's assets have shown growth, reaching $2,175,180 in 202306, up from $814,302 in 202106, suggesting improved financial reserves. Liabilities have also fluctuated but appear manageable relative to assets. The organization's spending efficiency appears to be strong, with a significant portion of expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances donor confidence and suggests a lean operational structure. While specific program spending ratios are not provided in the raw data, the absence of executive compensation implies a high proportion of funds are likely allocated to direct services. Overall, 82 Nd Street Academics exhibits good financial health with a strong commitment to transparency, particularly regarding executive compensation. The fluctuations in revenue and expenses, while present, do not indicate systemic issues, and the growth in assets provides a solid foundation for future operations. The organization's consistent filing history further underscores its commitment to accountability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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