Is Council Of Senior Centers And Services Of New York City Inc Legit?

Quick charity verification for Council Of Senior Centers And Services Of New York City Inc (EIN: 132967277)

Verdict: Council Of Senior Centers And Services Of New York City Inc appears trustworthy

85/100Mission Score

$2.2MRevenue

$1.5MAssets

1Red Flags

5Strengths

Red Flags

Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of full transparency regarding executive remuneration.

Strengths

Consistent financial stability with revenues consistently around $2 million annually.
Healthy asset growth over the past decade, from $831,557 in 2014 to $1,521,966 in 2023.
Remarkable record of 0% reported officer compensation, suggesting high efficiency or volunteer leadership.
Manageable liabilities relative to assets, indicating a strong balance sheet.
Long history of consistent IRS 990 filings, demonstrating commitment to transparency.

Spending Breakdown

How Council Of Senior Centers And Services Of New York City Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Council Of Senior Centers And Services Of New York City Inc

Is Council Of Senior Centers And Services Of New York City Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Council Of Senior Centers And Services Of New York City Inc (EIN: 132967277) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Council Of Senior Centers And Services Of New York City Inc a good charity to donate to?

Council Of Senior Centers And Services Of New York City Inc has a Mission Score of 85/100. Revenue: $2.2M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Council Of Senior Centers And Services Of New York City Inc?

The Employer Identification Number (EIN) for Council Of Senior Centers And Services Of New York City Inc is 132967277. 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 Council Of Senior Centers And Services Of New York City Inc spend its money?

Council Of Senior Centers And Services Of New York City Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Council Of Senior Centers And Services Of New York City Inc's tax-exempt status?

You can verify Council Of Senior Centers And Services Of New York City Inc's tax-exempt status using EIN 132967277 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

The Council Of Senior Centers And Services Of New York City Inc demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For instance, in 2023, expenses of $2,041,388 slightly exceeded revenues of $2,008,911, indicating a minor operational deficit. However, the organization maintains a healthy asset base, growing from $831,557 in 2014 to $1,521,966 in 2023, suggesting good financial stewardship and reserves. The organization's liabilities have fluctuated but remain manageable relative to its assets, with a liability-to-asset ratio of approximately 36.6% in 2023 ($557,692 liabilities / $1,521,966 assets). This indicates a stable financial position capable of covering its short-term obligations.

Spending efficiency appears to be a strong point, as the organization consistently reports 0% officer compensation, which is highly unusual and suggests that executive leadership may be compensated through other means or is entirely volunteer-based, which would significantly reduce administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency score is challenging, but the absence of reported officer compensation is a positive indicator for donor confidence. The consistent operational scale, with revenues hovering around $2 million annually, suggests a well-established and predictable service delivery model.

Transparency is generally good given the consistent filing of IRS Form 990s. However, the lack of reported officer compensation on the 990s could be a point of further inquiry to understand the full picture of leadership remuneration, if any. The organization's consistent asset growth and relatively stable financial operations over a long period suggest a well-managed entity focused on its mission, though more granular spending data would enhance the transparency assessment.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.