Consistently 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
Consistent revenue generation in the tens of millions (e.g., $62,929,438 in 2023)
Significant asset growth over the past decade (from $10.6M in 2014 to $25.8M in 2023)
Low liabilities relative to assets, indicating strong financial health (e.g., $152,478 liabilities vs. $25,803,400 assets in 2023)
Zero reported officer compensation, suggesting potential for high efficiency in leadership costs or a unique operational model.
Spending Breakdown
How Consolidated Edison Of Ny 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 Consolidated Edison Of Ny Inc
Is Consolidated Edison Of Ny Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Consolidated Edison Of Ny Inc (EIN: 133717976) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Consolidated Edison Of Ny Inc a good charity to donate to?
Consolidated Edison Of Ny Inc has a Mission Score of 85/100. Revenue: $64.9M. Assets: $31.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Consolidated Edison Of Ny Inc?
The Employer Identification Number (EIN) for Consolidated Edison Of Ny Inc is 133717976. 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 Consolidated Edison Of Ny Inc spend its money?
Consolidated Edison Of Ny Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Consolidated Edison Of Ny Inc's tax-exempt status?
You can verify Consolidated Edison Of Ny Inc's tax-exempt status using EIN 133717976 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
Consolidated Edison Of Ny Inc demonstrates consistent financial activity with revenues in the tens of millions annually. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and potentially efficient use of funds, as executive salaries are often a major expense for nonprofits. Their assets have shown substantial growth over the past decade, from $10,628,621 in 2014 to $25,803,400 in 2023, indicating financial stability and accumulation of resources. However, without a breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency and program focus. The liabilities have remained relatively low compared to assets, suggesting good financial management.