Quick charity verification for Adirondack Lakes Center For The Arts (EIN: 141501361)
Verdict: Adirondack Lakes Center For The Arts appears trustworthy
75/100Mission Score
$2.2MRevenue
$1.7MAssets
2Red Flags
3Strengths
Red Flags
Limited financial reserves relative to annual expenses, with assets of $98,329 in 2023 against expenses of $544,014.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Long operational history with 14 filings, suggesting stability and established presence.
Generally stable revenue and expense patterns over the past decade, demonstrating consistent activity.
Spending Breakdown
How Adirondack Lakes Center For The Arts allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Adirondack Lakes Center For The Arts
Is Adirondack Lakes Center For The Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Adirondack Lakes Center For The Arts (EIN: 141501361) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Adirondack Lakes Center For The Arts a good charity to donate to?
Adirondack Lakes Center For The Arts has a Mission Score of 75/100. Revenue: $2.2M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Adirondack Lakes Center For The Arts?
The Employer Identification Number (EIN) for Adirondack Lakes Center For The Arts is 141501361. 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 Adirondack Lakes Center For The Arts spend its money?
Adirondack Lakes Center For The Arts allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Adirondack Lakes Center For The Arts's tax-exempt status?
You can verify Adirondack Lakes Center For The Arts's tax-exempt status using EIN 141501361 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
The Adirondack Lakes Center For The Arts demonstrates consistent operational activity, with revenues and expenses generally in a similar range over the past decade. While the organization has experienced fluctuations, such as a notable increase in assets to $208,888 in 2021 followed by a decrease to $98,329 in 2023, its financial health appears stable, albeit with limited reserves. The absence of reported officer compensation across all available filings suggests either a volunteer-led executive structure or compensation falling below reporting thresholds, which can be a positive indicator for donor confidence regarding overhead. However, without detailed expense breakdowns for program, administrative, and fundraising costs, a precise assessment of spending efficiency is challenging. The organization's transparency regarding executive compensation is high, given the 0% reported, but further detail on functional expenses would enhance overall financial transparency.