Is Big Brothers And Big Sisters Of New York City Inc Legit?
Quick charity verification for Big Brothers And Big Sisters Of New York City Inc (EIN: 135600383)
Verdict: Big Brothers And Big Sisters Of New York City Inc appears trustworthy
78/100Mission Score
$9.6MRevenue
$18.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 2023 expenses $11.1M vs. revenue $9.8M)
Significant decline in assets over the past decade (from $31.4M in 2014 to $19.9M in 2023)
Strengths
Substantial asset base ($19,989,077 in 2023) providing financial cushion
Consistent reduction in liabilities over the past few years (from $11.3M in 2021 to $8.6M in 2023)
High transparency regarding reported officer compensation (0% across all filings)
Spending Breakdown
How Big Brothers And Big Sisters Of New York City Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Big Brothers And Big Sisters Of New York City Inc
Is Big Brothers And Big Sisters Of New York City Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Big Brothers And Big Sisters Of New York City Inc (EIN: 135600383) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 3 strengths noted.
Is Big Brothers And Big Sisters Of New York City Inc a good charity to donate to?
Big Brothers And Big Sisters Of New York City Inc has a Mission Score of 78/100. Revenue: $9.6M. Assets: $18.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Big Brothers And Big Sisters Of New York City Inc?
The Employer Identification Number (EIN) for Big Brothers And Big Sisters Of New York City Inc is 135600383. 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 Big Brothers And Big Sisters Of New York City Inc spend its money?
Big Brothers And Big Sisters Of New York City Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Big Brothers And Big Sisters Of New York City Inc's tax-exempt status?
You can verify Big Brothers And Big Sisters Of New York City Inc's tax-exempt status using EIN 135600383 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
Big Brothers And Big Sisters Of New York City Inc. demonstrates a consistent operational scale, with revenues and expenses generally hovering around $10-12 million annually over the past decade. While the organization has experienced periods of deficit spending, such as in 2023 where expenses ($11,118,568) exceeded revenue ($9,830,698), its asset base remains substantial at $19,989,077, indicating a degree of financial resilience. The organization's liabilities have also shown a decreasing trend from a high of $11,396,523 in 2021 to $8,642,016 in 2023, which is a positive sign for its financial health.
The organization's transparency regarding executive compensation is notable, with 'Officer Comp' consistently reported as 0% across all available filings. This suggests that either no officers receive compensation, or their compensation is reported in a different category not captured by this specific metric, which warrants further investigation for a complete picture. However, the consistent reporting of 0% for officer compensation across multiple years is a strong indicator of transparency in this specific area. The overall financial health appears stable, though consistent deficits could erode assets over the long term if not addressed.
Spending efficiency, without detailed functional expense breakdowns, is harder to fully assess. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The organization's ability to maintain significant assets despite fluctuating revenues and occasional deficits points to sound financial management in preserving its capital base. The declining liabilities also contribute positively to its financial stability.