Is Faculty Student Association Broome Community College Legit?
Quick charity verification for Faculty Student Association Broome Community College (EIN: 150547199)
Verdict: Faculty Student Association Broome Community College appears trustworthy
70/100Mission Score
$1.7MRevenue
$9.8MAssets
3Red Flags
3Strengths
Red Flags
Recent trend of expenses exceeding revenue (e.g., 2023 and 2022 filings)
Significant fluctuations in annual revenue and expenses without clear explanation in provided data
Lack of NTEE code, which limits understanding of the organization's specific programmatic focus.
Strengths
Consistent reporting of 0% officer compensation, indicating strong transparency in this area.
Substantial and growing asset base, reaching $10,958,473 in 2023, providing financial stability.
Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.
Spending Breakdown
How Faculty Student Association Broome Community College allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Association Broome Community College
Is Faculty Student Association Broome Community College a legitimate charity?
Based on AI analysis of IRS 990 filings, Faculty Student Association Broome Community College (EIN: 150547199) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Faculty Student Association Broome Community College a good charity to donate to?
Faculty Student Association Broome Community College has a Mission Score of 70/100. Revenue: $1.7M. Assets: $9.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faculty Student Association Broome Community College?
The Employer Identification Number (EIN) for Faculty Student Association Broome Community College is 150547199. 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 Association Broome Community College spend its money?
Faculty Student Association Broome Community College allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faculty Student Association Broome Community College's tax-exempt status?
You can verify Faculty Student Association Broome Community College's tax-exempt status using EIN 150547199 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 Association Broome Community College exhibits fluctuating financial performance over the past decade. While the organization reported significant revenues in fiscal years 2019 and 2020 (e.g., $6,973,606 and $4,803,988 respectively), more recent filings show a decline, with 2023 revenue at $1,235,781 and expenses exceeding revenue at $2,060,498. This indicates a deficit spending trend in the most recent periods. The organization maintains substantial assets, reaching $10,958,473 in 2023, which provides a buffer against operational shortfalls. However, the consistent lack of reported officer compensation across all filings suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the recent trend of expenses significantly outpacing revenue (e.g., 2023 and 2022) suggests potential operational inefficiencies or a strategic draw on reserves. The organization's asset base has grown considerably from $1,157,729 in 2014 to over $10 million in recent years, indicating effective asset management or significant capital inflows during certain periods.
Transparency regarding executive compensation is high, as zero compensation is reported for officers in all available filings. However, the absence of NTEE code and detailed expense breakdowns limits a comprehensive assessment of program efficiency and overall financial health. The significant swings in revenue and expenses warrant closer examination to understand the underlying operational dynamics and financial strategy.