Quick charity verification for Cny Works Inc (EIN: 161289199)
Verdict: Cny Works Inc appears trustworthy
80/100Mission Score
$6.7MRevenue
$3.5MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure true leadership costs or indicate an unusual operational model.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
Strengths
Consistent financial reporting with 13 IRS 990 filings, indicating good transparency practices.
Healthy asset growth from $1,537,178 in 2021 to $3,214,573 in 2023, suggesting financial stability.
Generally stable operations with revenues closely matching or exceeding expenses over many years.
Spending Breakdown
How Cny Works 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 Cny Works Inc
Is Cny Works Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cny Works Inc (EIN: 161289199) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Cny Works Inc a good charity to donate to?
Cny Works Inc has a Mission Score of 80/100. Revenue: $6.7M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cny Works Inc?
The Employer Identification Number (EIN) for Cny Works Inc is 161289199. 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 Cny Works Inc spend its money?
Cny Works Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cny Works Inc's tax-exempt status?
You can verify Cny Works Inc's tax-exempt status using EIN 161289199 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
CNY Works Inc. demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses across its filings, indicating stable financial management. For instance, in 2023, expenses of $5,723,684 were slightly higher than revenues of $5,656,021, a common occurrence for nonprofits managing cash flow. The organization's assets have shown significant growth, more than doubling from $1,537,178 in 2021 to $3,214,573 in 2023, suggesting an accumulation of resources or successful capital campaigns. Liabilities have also increased, but the asset-to-liability ratio remains healthy, indicating solvency.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. A notable aspect is the reported 0% officer compensation across all available filings, which, if accurate, suggests either a fully volunteer leadership or compensation is reported under other categories, warranting further investigation for complete transparency. This practice, while potentially indicating low overhead, could also obscure the true cost of leadership if compensation is reclassified.
Spending efficiency appears reasonable given the close alignment of revenues and expenses. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. However, the consistent operational scale and asset growth suggest effective resource utilization within its mission. The absence of reported officer compensation directly in the filings could be a positive indicator of low administrative burden, or it could be a point for further inquiry regarding the full scope of executive remuneration.