Quick charity verification for Downtown Committee Of Syracuse Inc (EIN: 161079352)
Verdict: Downtown Committee Of Syracuse Inc appears trustworthy
92/100Mission Score
$1.9MRevenue
$1.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses (e.g., $1,821,654 revenue vs. $1,648,096 expenses in 202406).
No reported officer compensation across all filings, indicating high efficiency and transparency.
Steady growth in assets over the past decade, from $889,338 in 201506 to $1,352,699 in 202406.
Liabilities are well-managed and represent a reasonable proportion of assets.
Long history of consistent IRS 990 filings (14 filings), indicating good compliance and transparency.
Spending Breakdown
How Downtown Committee Of Syracuse Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Downtown Committee Of Syracuse Inc
Is Downtown Committee Of Syracuse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Committee Of Syracuse Inc (EIN: 161079352) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Downtown Committee Of Syracuse Inc a good charity to donate to?
Downtown Committee Of Syracuse Inc has a Mission Score of 92/100. Revenue: $1.9M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Downtown Committee Of Syracuse Inc?
The Employer Identification Number (EIN) for Downtown Committee Of Syracuse Inc is 161079352. 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 Downtown Committee Of Syracuse Inc spend its money?
Downtown Committee Of Syracuse Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Downtown Committee Of Syracuse Inc's tax-exempt status?
You can verify Downtown Committee Of Syracuse Inc's tax-exempt status using EIN 161079352 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 Downtown Committee Of Syracuse Inc demonstrates consistent financial operations with revenues generally exceeding expenses, indicating a stable financial position. For instance, in the 202406 period, revenue was $1,821,654 against expenses of $1,648,096, resulting in a surplus. The organization's assets have shown a steady increase over the years, from $889,338 in 201506 to $1,352,699 in 202406, suggesting prudent financial management and growth. Liabilities have remained manageable relative to assets, indicating a healthy balance sheet.
Spending efficiency appears strong, as the organization consistently operates with a surplus or near break-even, ensuring that funds are utilized effectively for its mission. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards programmatic activities rather than executive salaries. This practice enhances donor confidence and suggests a volunteer-driven or very lean administrative structure at the top.
Overall, the Downtown Committee Of Syracuse Inc exhibits good financial health, efficient spending, and a high degree of transparency, particularly concerning executive compensation. The consistent growth in assets and controlled expenses over a decade of filings paint a picture of a well-managed and financially responsible nonprofit.