Stable revenue generation over the past decade, generally exceeding $2 million annually.
Spending Breakdown
How Building Owners And Managers Association Of Greater New York B allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Building Owners And Managers Association Of Greater New York B
Is Building Owners And Managers Association Of Greater New York B a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Owners And Managers Association Of Greater New York B (EIN: 132629736) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Building Owners And Managers Association Of Greater New York B a good charity to donate to?
Building Owners And Managers Association Of Greater New York B has a Mission Score of 75/100. Revenue: $3.0M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Building Owners And Managers Association Of Greater New York B?
The Employer Identification Number (EIN) for Building Owners And Managers Association Of Greater New York B is 132629736. 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 Building Owners And Managers Association Of Greater New York B spend its money?
Building Owners And Managers Association Of Greater New York B allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Building Owners And Managers Association Of Greater New York B's tax-exempt status?
You can verify Building Owners And Managers Association Of Greater New York B's tax-exempt status using EIN 132629736 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
Building Owners And Managers Association Of Greater New York B demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, expenses of $2,651,158 slightly exceeded revenues of $2,607,409, indicating a minor operating deficit for that year. However, the organization maintains healthy asset levels, with assets of $3,632,856 in 2023, comfortably covering liabilities of $1,417,744. The consistent reporting of 0% officer compensation across all available filings suggests that executive remuneration is either non-existent or not reported in a manner that is easily identifiable as officer compensation on the 990, which could be a point of inquiry for transparency.
The organization's financial health appears stable, with assets consistently exceeding liabilities. While there are fluctuations in annual revenue and expenses, the overall trend shows a well-managed operation. The absence of reported officer compensation is a notable characteristic, potentially indicating a volunteer-led executive structure or compensation being reported under different categories. Further investigation into the detailed expense breakdown would be necessary to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts.
Given the available data, the organization appears to be financially sound, maintaining a strong asset base relative to its liabilities. The consistent filing of IRS Form 990s over many years indicates a commitment to regulatory compliance and basic financial transparency. However, without a detailed breakdown of functional expenses, a complete assessment of spending efficiency and program impact is limited.