Is Alliance For Downtown New York Inc…

Quick charity verification for Alliance For Downtown New York Inc (EIN: 133791550)

Spending Breakdown

How Alliance For Downtown New York Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Alliance For Downtown New York Inc

Is Alliance For Downtown New York Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Alliance For Downtown New York Inc (EIN: 133791550) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Alliance For Downtown New York Inc a good charity to donate to?

Alliance For Downtown New York Inc has a Mission Score of 85/100. Revenue: $23.6M. Assets: $25.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alliance For Downtown New York Inc?

The Employer Identification Number (EIN) for Alliance For Downtown New York Inc is 133791550. 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 Alliance For Downtown New York Inc spend its money?

Alliance For Downtown New York Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alliance For Downtown New York Inc's tax-exempt status?

You can verify Alliance For Downtown New York Inc's tax-exempt status using EIN 133791550 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 Alliance For Downtown New York Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in the 202306 period, revenue was $23,731,187 against expenses of $21,710,279, contributing to an increase in assets to $26,517,982. The organization's liabilities have also seen an increase, reaching $5,726,582 in 202306, which warrants monitoring but is still well-covered by its substantial assets.

The organization appears to maintain strong spending efficiency, as indicated by its consistent operational surplus. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial picture suggests effective management of resources. The consistent growth in assets, from $9,495,833 in 201406 to $26,517,982 in 202306, further supports a positive assessment of its financial stewardship.

Transparency regarding executive compensation is high, with the filing history consistently showing 0% for Officer Comp, suggesting that executive salaries are either not reported in this specific field or are covered under other expense categories, or that the organization's structure does not involve direct officer compensation as typically reported. This consistent reporting of 0% for officer compensation across all available filings is a notable point for transparency.

Is Alliance For Downtown New York Inc Legit?

Verdict: Alliance For Downtown New York Inc appears trustworthy

Red Flags

Strengths