Is Faculty Student Assoc Of Cayuga County Community College Legit?
Quick charity verification for Faculty Student Assoc Of Cayuga County Community College (EIN: 160902570)
Verdict: Faculty Student Assoc Of Cayuga County Community College appears trustworthy
90/100Mission Score
$2.1MRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $439,232 in 201506 to $2,242,294 in 202306.
No reported officer compensation across all 12 filings, indicating high efficiency in directing funds.
Generally positive net income, with revenues often exceeding expenses in recent years.
Low liabilities relative to assets, demonstrating strong financial health.
Stable and increasing revenue stream over the past decade.
Spending Breakdown
How Faculty Student Assoc Of Cayuga County Community College 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 Faculty Student Assoc Of Cayuga County Community College
Is Faculty Student Assoc Of Cayuga County Community College a legitimate charity?
Based on AI analysis of IRS 990 filings, Faculty Student Assoc Of Cayuga County Community College (EIN: 160902570) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Faculty Student Assoc Of Cayuga County Community College a good charity to donate to?
Faculty Student Assoc Of Cayuga County Community College has a Mission Score of 90/100. Revenue: $2.1M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faculty Student Assoc Of Cayuga County Community College?
The Employer Identification Number (EIN) for Faculty Student Assoc Of Cayuga County Community College is 160902570. 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 Faculty Student Assoc Of Cayuga County Community College spend its money?
Faculty Student Assoc Of Cayuga County Community College allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faculty Student Assoc Of Cayuga County Community College's tax-exempt status?
You can verify Faculty Student Assoc Of Cayuga County Community College's tax-exempt status using EIN 160902570 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 Faculty Student Assoc Of Cayuga County Community College demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in the 202306 period, revenue was $2,378,520 against expenses of $2,084,187, contributing to assets of $2,242,294. The organization's liabilities remain relatively low compared to its assets, indicating a stable financial position. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency.
While specific program spending percentages are not detailed in the provided summary, the overall financial trends suggest a well-managed organization. The growth in assets from $439,232 in 201506 to $2,242,294 in 202306, alongside generally positive net income, points to effective financial stewardship. The absence of officer compensation also enhances its transparency profile, as it clearly indicates that leadership is not drawing salaries from the organization's funds. This financial stability and lack of executive compensation are strong indicators of a healthy and mission-focused nonprofit.