Is Day Care Council Of New York Local 205 District Council 37 Welfare Fu Legit?

Quick charity verification for Day Care Council Of New York Local 205 District Council 37 Welfare Fu (EIN: 132672380)

Verdict: Day Care Council Of New York Local 205 District Council 37 Welfare Fu appears trustworthy

70/100Mission Score
$18.5MRevenue
$24.9MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Day Care Council Of New York Local 205 District Council 37 Welfare Fu 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 Local 205 District Council 37 Welfare Fu

Is Day Care Council Of New York Local 205 District Council 37 Welfare Fu a legitimate charity?

Based on AI analysis of IRS 990 filings, Day Care Council Of New York Local 205 District Council 37 Welfare Fu (EIN: 132672380) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Day Care Council Of New York Local 205 District Council 37 Welfare Fu a good charity to donate to?

Day Care Council Of New York Local 205 District Council 37 Welfare Fu has a Mission Score of 70/100. Revenue: $18.5M. Assets: $24.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Day Care Council Of New York Local 205 District Council 37 Welfare Fu?

The Employer Identification Number (EIN) for Day Care Council Of New York Local 205 District Council 37 Welfare Fu is 132672380. 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 Local 205 District Council 37 Welfare Fu spend its money?

Day Care Council Of New York Local 205 District Council 37 Welfare Fu 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 Local 205 District Council 37 Welfare Fu's tax-exempt status?

You can verify Day Care Council Of New York Local 205 District Council 37 Welfare Fu's tax-exempt status using EIN 132672380 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 Local 205 District Council 37 Welfare Fu appears to be in a stable financial position, consistently holding significant assets relative to its annual expenses. For instance, in 2023, it reported assets of $24,886,566 against expenses of $11,016,481. However, the organization has shown a trend of operating at a deficit in recent years, with expenses exceeding revenue in 7 out of the last 10 reported periods. For example, in 2023, revenue was $10,060,871 while expenses were $11,016,481, indicating a deficit of nearly $1 million. This consistent deficit spending, while potentially covered by reserves, warrants closer examination to ensure long-term sustainability. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean approach to executive pay, which is a positive indicator for donor confidence. The organization's substantial asset base, consistently above $24 million, provides a strong financial cushion, but the recurring operational deficits could erode this over time if not addressed. Transparency regarding executive compensation is excellent, with 0% reported for officers. However, without a breakdown of functional expenses, it's challenging to fully evaluate how efficiently funds are allocated between programs, administration, and fundraising. The consistent filing of IRS 990s demonstrates a commitment to regulatory transparency, but more detailed financial reporting would enhance public understanding of its operational efficiency.

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