Is Day Care Council Of New York Inc Legit?

Quick charity verification for Day Care Council Of New York Inc (EIN: 132613479)

Verdict: Day Care Council Of New York Inc appears trustworthy

85/100Mission Score
$15.3MRevenue
$11.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Day Care Council Of New York 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 Day Care Council Of New York Inc

Is Day Care Council Of New York Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Day Care Council Of New York Inc (EIN: 132613479) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Day Care Council Of New York Inc a good charity to donate to?

Day Care Council Of New York Inc has a Mission Score of 85/100. Revenue: $15.3M. Assets: $11.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Day Care Council Of New York Inc?

The Employer Identification Number (EIN) for Day Care Council Of New York Inc is 132613479. 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 Day Care Council Of New York Inc spend its money?

Day Care Council Of New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Day Care Council Of New York Inc's tax-exempt status?

You can verify Day Care Council Of New York Inc's tax-exempt status using EIN 132613479 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 Day Care Council Of New York Inc demonstrates generally sound financial health, with consistent revenue streams and positive net assets. In the latest filing (202306), the organization reported revenue of $14,934,992 against expenses of $13,175,782, resulting in a surplus that contributes to its growing asset base of $9,943,654. This indicates effective financial management and an ability to operate within its means, building reserves for future operations. The significant jump in revenue and expenses in 202106 to nearly $30 million, followed by a return to previous levels, suggests a potential one-time grant or program, which was managed without incurring significant long-term debt. Spending efficiency appears to be a strength, as evidenced by the consistent surpluses in most years, indicating that expenses are well-controlled relative to income. The organization's NTEE code (P33 - Child Day Care) suggests a direct service model, where a substantial portion of funds would ideally go towards program delivery. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated, but the overall financial stability is positive. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and financial management, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which warrants further investigation for complete transparency. Overall, the Day Care Council Of New York Inc appears to be a financially stable organization with a history of responsible fiscal management. Its consistent growth in assets and ability to manage significant fluctuations in revenue, such as the 2021 spike, without long-term negative impact, are positive indicators. The lack of reported officer compensation is a unique characteristic that, while potentially positive for resource allocation, also raises questions about the full scope of executive remuneration.

View Full Transparency Report →

Disclaimer

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

Related Pages