Quick charity verification for City Mission Of Schenectady (EIN: 141403652)
Verdict: City Mission Of Schenectady appears trustworthy
90/100Mission Score
$11.7MRevenue
$25.2MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and could indicate compensation is categorized differently or a lack of clarity in reporting.
Strengths
Consistent revenue growth, from $4.6M in 2014 to $8.1M in 2023.
Healthy financial surpluses in most years (e.g., $803,364 surplus in 2023).
Significant asset growth, more than doubling from $9.2M in 2014 to $20.7M in 2023.
Low liabilities relative to assets, indicating strong financial stability.
Zero reported officer compensation, suggesting a high dedication of funds to programs.
Spending Breakdown
How City Mission Of Schenectady 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 City Mission Of Schenectady
Is City Mission Of Schenectady a legitimate charity?
Based on AI analysis of IRS 990 filings, City Mission Of Schenectady (EIN: 141403652) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is City Mission Of Schenectady a good charity to donate to?
City Mission Of Schenectady has a Mission Score of 90/100. Revenue: $11.7M. Assets: $25.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for City Mission Of Schenectady?
The Employer Identification Number (EIN) for City Mission Of Schenectady is 141403652. 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 City Mission Of Schenectady spend its money?
City Mission Of Schenectady allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify City Mission Of Schenectady's tax-exempt status?
You can verify City Mission Of Schenectady's tax-exempt status using EIN 141403652 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
City Mission Of Schenectady demonstrates consistent financial growth and strong asset accumulation over the past decade. The organization's revenue has generally trended upwards, from $4.6 million in 2014 to over $8.1 million in 2023, indicating robust donor support. Expenses have also increased, but at a slower rate than revenue, leading to healthy surpluses in most years. For instance, in 2023, revenue was $8,156,198 against expenses of $7,352,834, resulting in a significant surplus.
The organization appears to be highly efficient in its spending, with a substantial portion of its budget dedicated to program services. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, while unusual, suggests a volunteer-led or very low-paid leadership structure, which can be a positive sign for donors.
Overall, City Mission Of Schenectady exhibits strong financial health, efficient operations, and a high degree of transparency regarding executive compensation. Its growing asset base, which reached $20,719,629 in 2023, further solidifies its long-term stability and capacity to fulfill its mission.