Is Association Of Contracting Plumbers Of City Of New York Inc Legit?
Quick charity verification for Association Of Contracting Plumbers Of City Of New York Inc (EIN: 130453105)
Verdict: Association Of Contracting Plumbers Of City Of New York Inc appears trustworthy
85/100Mission Score
$4.0MRevenue
$4.6MAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can hinder understanding of its specific programmatic focus and peer comparison.
Strengths
Consistent financial surpluses in most years, such as $723,066 in 202312.
No reported officer compensation across all filings, indicating high efficiency and transparency.
Growing asset base, increasing from $2,992,158 in 201412 to $3,685,289 in 202312.
Low liabilities relative to assets, indicating a strong balance sheet and low financial risk.
Spending Breakdown
How Association Of Contracting Plumbers Of City Of New York 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 Association Of Contracting Plumbers Of City Of New York Inc
Is Association Of Contracting Plumbers Of City Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Contracting Plumbers Of City Of New York Inc (EIN: 130453105) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Association Of Contracting Plumbers Of City Of New York Inc a good charity to donate to?
Association Of Contracting Plumbers Of City Of New York Inc has a Mission Score of 85/100. Revenue: $4.0M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association Of Contracting Plumbers Of City Of New York Inc?
The Employer Identification Number (EIN) for Association Of Contracting Plumbers Of City Of New York Inc is 130453105. 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 Association Of Contracting Plumbers Of City Of New York Inc spend its money?
Association Of Contracting Plumbers Of City Of New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association Of Contracting Plumbers Of City Of New York Inc's tax-exempt status?
You can verify Association Of Contracting Plumbers Of City Of New York Inc's tax-exempt status using EIN 130453105 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 Association Of Contracting Plumbers Of City Of New York Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the reported periods. In the latest filing (202312), the organization reported revenue of $1,984,326 against expenses of $1,261,260, indicating a healthy surplus for the year. This trend of revenue exceeding expenses is largely consistent, with a few exceptions like 202212 and 201912 where expenses slightly outpaced revenue. The organization's assets have shown growth, increasing from $2,992,158 in 201412 to $3,685,289 in 202312, suggesting prudent financial management and accumulation of resources.
Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a precise assessment is challenging. However, the consistent surpluses in most years suggest that the organization is managing its overall expenditures within its income. The absence of reported officer compensation across all filings indicates a high degree of transparency and potentially a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds. The low liabilities relative to assets also point to a strong balance sheet and reduced financial risk.
Overall, the Association appears to be in good financial health, with a history of generating surpluses and growing its asset base. The lack of officer compensation is a significant positive indicator of transparency and dedication to its mission. Further analysis would benefit from a detailed breakdown of expenses to fully evaluate program efficiency.