Is Epic Long Island Inc Legit?

Quick charity verification for Epic Long Island Inc (EIN: 111821135)

Verdict: Epic Long Island Inc appears trustworthy

70/100Mission Score

$39.0MRevenue

$21.2MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation reported on IRS 990s, which is highly unusual for an organization of this size and raises transparency concerns.
Potential lack of detailed breakdown for program, administrative, and fundraising expenses in publicly available data, making precise spending efficiency analysis difficult.

Strengths

Consistent revenue growth over the past decade, from $23.4M in 2014 to $39.0M currently.
Generally positive net income in recent years (e.g., $918,773 surplus in 2023).
Stable asset base with a healthy asset-to-liability ratio (e.g., 1.54 in 2023).
Long operational history with 13 IRS 990 filings, indicating established presence.

Spending Breakdown

How Epic Long Island 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

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 Epic Long Island Inc

Is Epic Long Island Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Epic Long Island Inc (EIN: 111821135) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.

Is Epic Long Island Inc a good charity to donate to?

Epic Long Island Inc has a Mission Score of 70/100. Revenue: $39.0M. Assets: $21.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Epic Long Island Inc?

The Employer Identification Number (EIN) for Epic Long Island Inc is 111821135. 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 Epic Long Island Inc spend its money?

Epic Long Island Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Epic Long Island Inc's tax-exempt status?

You can verify Epic Long Island Inc's tax-exempt status using EIN 111821135 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

Epic Long Island Inc. demonstrates a consistent operational history with revenues generally exceeding expenses in recent years, indicating sound financial management. For instance, in 2023, revenue was $34,727,619 against expenses of $33,808,846, resulting in a surplus. The organization's assets have shown growth, reaching $17,332,989 in 2023, up from $17,013,561 in 2022, suggesting a stable financial position. However, the consistent reporting of 0% for officer compensation across all available filings raises questions about the transparency of executive remuneration, as it's highly unusual for an organization of this size (latest revenue $39,046,829) to have no compensated officers. This lack of detail could be a red flag for transparency.

The organization's spending efficiency appears reasonable given the NTEE code G54 (Residential Care & Adult Day Programs), which often involves significant operational costs. While specific program spending percentages are not provided in the raw data, the overall financial health seems stable with consistent revenue streams. The growth in revenue from $23,482,280 in 2014 to $39,046,829 currently indicates a growing organization. The liabilities have also fluctuated but remain manageable relative to assets, with a liability-to-asset ratio of approximately 0.65 in 2023 ($11,249,743 / $17,332,989).

Overall, Epic Long Island Inc. appears to be a financially stable organization with a growing revenue base. The primary area for improvement in transparency lies in providing clearer information regarding executive compensation, as the repeated 0% reporting is atypical for an organization of its scale and could obscure a complete understanding of its financial practices.

View Full Transparency Report →

Disclaimer

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