Is Association Of The Bar Of The City Of New York Fund Inc Legit?
Quick charity verification for Association Of The Bar Of The City Of New York Fund Inc (EIN: 136003018)
Verdict: Association Of The Bar Of The City Of New York Fund Inc appears trustworthy
88/100Mission Score
$10.7MRevenue
$15.4MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest filing (202304: Expenses=$10,321,613, Revenue=$10,103,099)
Strengths
Consistent 0% officer compensation across all filings
Strong and growing asset base (e.g., $17,112,907 in 202304)
Low liabilities relative to assets (e.g., $581,316 liabilities vs. $17,112,907 assets in 202304)
Significant revenue generation (e.g., $10,103,099 in 202304)
Spending Breakdown
How Association Of The Bar Of The City Of New York Fund 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 The Bar Of The City Of New York Fund Inc
Is Association Of The Bar Of The City Of New York Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of The Bar Of The City Of New York Fund Inc (EIN: 136003018) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Association Of The Bar Of The City Of New York Fund Inc a good charity to donate to?
Association Of The Bar Of The City Of New York Fund Inc has a Mission Score of 88/100. Revenue: $10.7M. Assets: $15.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association Of The Bar Of The City Of New York Fund Inc?
The Employer Identification Number (EIN) for Association Of The Bar Of The City Of New York Fund Inc is 136003018. 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 The Bar Of The City Of New York Fund Inc spend its money?
Association Of The Bar Of The City Of New York Fund 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 The Bar Of The City Of New York Fund Inc's tax-exempt status?
You can verify Association Of The Bar Of The City Of New York Fund Inc's tax-exempt status using EIN 136003018 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 The Bar Of The City Of New York Fund Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across all reported periods. In the latest filing (202304), the organization reported $17,112,907 in assets against $581,316 in liabilities, indicating strong financial solvency. Revenue has fluctuated, with a notable increase from $6,026,761 in 202004 to $10,103,099 in 202304, suggesting effective fundraising or increased demand for its services. However, expenses have also risen, sometimes exceeding revenue, as seen in 202304 where expenses ($10,321,613) slightly outpaced revenue ($10,103,099).
The organization's spending efficiency appears to be reasonable, though specific program spending ratios are not provided in the summary data. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven leadership structure or that executive compensation is handled by a related entity, which would warrant further investigation for a complete picture.
Overall, the organization exhibits good financial health with a strong asset base and a transparent approach to executive compensation. While there are periods where expenses exceed revenue, the overall trend shows growth in financial activity. The lack of officer compensation is a strong positive for transparency and efficiency, making it an organization that appears to manage its finances responsibly.