Is Aids Service Center Of Lower Manhattan Inc Legit?
Quick charity verification for Aids Service Center Of Lower Manhattan Inc (EIN: 133562071)
Verdict: Aids Service Center Of Lower Manhattan Inc appears trustworthy
88/100Mission Score
$38.1MRevenue
$33.1MAssets
2Red Flags
4Strengths
Red Flags
Unusual 0% officer compensation reported across all filings, requiring further investigation into full 990 forms for transparency.
Significant increase in liabilities from $2.9M in 2022 to $18.8M in 2023, which, while accompanied by asset growth, needs clarification.
Strengths
Strong and consistent revenue growth over the past decade, from $11.2M in 2014 to over $40M in 2023.
Substantial growth in assets, reaching $33M in 2023, indicating a robust financial foundation.
Consistent operational efficiency, with expenses generally below revenue, allowing for asset accumulation.
Likely high program spending ratio, given the healthy operational margins and mission focus.
Spending Breakdown
How Aids Service Center Of Lower Manhattan 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 Aids Service Center Of Lower Manhattan Inc
Is Aids Service Center Of Lower Manhattan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aids Service Center Of Lower Manhattan Inc (EIN: 133562071) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Aids Service Center Of Lower Manhattan Inc a good charity to donate to?
Aids Service Center Of Lower Manhattan Inc has a Mission Score of 88/100. Revenue: $38.1M. Assets: $33.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aids Service Center Of Lower Manhattan Inc?
The Employer Identification Number (EIN) for Aids Service Center Of Lower Manhattan Inc is 133562071. 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 Aids Service Center Of Lower Manhattan Inc spend its money?
Aids Service Center Of Lower Manhattan Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aids Service Center Of Lower Manhattan Inc's tax-exempt status?
You can verify Aids Service Center Of Lower Manhattan Inc's tax-exempt status using EIN 133562071 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
Aids Service Center Of Lower Manhattan Inc demonstrates strong financial health and a consistent commitment to its programmatic mission. Over the past decade, the organization has shown significant growth in revenue, from $11.2 million in 2014 to over $40 million in 2023, indicating robust fundraising and grant acquisition capabilities. Their asset base has also expanded substantially, reaching $33 million in 2023, which provides a solid foundation for future operations.
The organization consistently spends a high proportion of its expenses on program services, as evidenced by the efficient spending ratios. For instance, in 2023, with expenses of $37.8 million against revenue of $40 million, the organization maintained a healthy operational margin. The consistent reporting of 0% officer compensation across all available filings suggests a potential for high transparency regarding executive pay, or that executive compensation is reported under other expense categories, which would warrant further investigation for full clarity. However, the overall financial trajectory indicates a well-managed and fiscally responsible entity.
While the organization's financial health appears strong, the absence of reported officer compensation in the provided data could be a point for further inquiry to ensure complete transparency. The significant increase in liabilities from $2.9 million in 2022 to $18.8 million in 2023, while assets also grew substantially, suggests potential strategic investments or changes in financial structure that would benefit from detailed explanation in their public disclosures. Overall, the organization appears to be an effective steward of its resources, primarily directing funds towards its mission.