Is Beverwyck Inc Legit?

Spending Breakdown

How Beverwyck 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

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 Beverwyck Inc

Is Beverwyck Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Beverwyck Inc (EIN: 141717028) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Beverwyck Inc a good charity to donate to?

Beverwyck Inc has a Mission Score of 85/100. Revenue: $20.2M. Assets: $94.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Beverwyck Inc?

The Employer Identification Number (EIN) for Beverwyck Inc is 141717028. 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 Beverwyck Inc spend its money?

Beverwyck Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Beverwyck Inc's tax-exempt status?

You can verify Beverwyck Inc's tax-exempt status using EIN 141717028 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

Beverwyck Inc demonstrates consistent financial health and growth over the past decade. The organization has shown a steady increase in revenue, from $13,573,742 in 2014 to $18,699,219 in 2023, indicating stable operations and demand for its services. Expenses have also risen proportionally, suggesting continued investment in its mission. The organization's asset base has significantly expanded, nearly doubling from $46,963,023 in 2014 to $86,363,834 in 2023, which points to strong financial management and capacity building. Liabilities have also increased, but at a slower rate than assets, maintaining a healthy balance sheet.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise efficiency ratio. However, the consistent positive net income (Revenue - Expenses) across all reported years, such as $3,491,971 in 2023 ($18,699,219 - $15,207,248), suggests that the organization is operating within its means and generating surpluses that can be reinvested. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under other expense categories.

Transparency appears to be strong given the consistent filing of IRS Form 990s over 13 periods. The readily available financial data allows for a clear understanding of the organization's revenue, expenses, assets, and liabilities. The lack of reported officer compensation, while potentially a positive for resource allocation, could also warrant further inquiry to understand the full compensation structure for key management personnel if they are not volunteers.

Verdict: Beverwyck Inc appears trustworthy

Red Flags

Strengths