Is Faculty Student Association Of Adirondack Community College Inc Legit?
Quick charity verification for Faculty Student Association Of Adirondack Community College Inc (EIN: 146038858)
Verdict: Faculty Student Association Of Adirondack Community College Inc appears trustworthy
75/100Mission Score
$5.1MRevenue
$26.8MAssets
3Red Flags
3Strengths
Red Flags
Significant year-over-year revenue volatility (e.g., $4.8M in 2023 vs. $0.7M in 2021)
Substantial and consistent liabilities relative to assets (e.g., $22M liabilities against $26M assets in 2023)
Consistent reporting of 0% officer compensation without further explanation, potentially obscuring leadership costs.
Strengths
Stable asset base over the past decade (consistently $26M-$30M)
Generally manages expenses to operate with a surplus in most years (e.g., $152,969 surplus in 2023)
Strong recovery in revenue and positive net income in the latest filing period (2023).
Spending Breakdown
How Faculty Student Association Of Adirondack Community College 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
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 Association Of Adirondack Community College Inc
Is Faculty Student Association Of Adirondack Community College Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Faculty Student Association Of Adirondack Community College Inc (EIN: 146038858) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Faculty Student Association Of Adirondack Community College Inc a good charity to donate to?
Faculty Student Association Of Adirondack Community College Inc has a Mission Score of 75/100. Revenue: $5.1M. Assets: $26.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faculty Student Association Of Adirondack Community College Inc?
The Employer Identification Number (EIN) for Faculty Student Association Of Adirondack Community College Inc is 146038858. 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 Of Adirondack Community College Inc spend its money?
Faculty Student Association Of Adirondack Community College Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faculty Student Association Of Adirondack Community College Inc's tax-exempt status?
You can verify Faculty Student Association Of Adirondack Community College Inc's tax-exempt status using EIN 146038858 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 Of Adirondack Community College Inc demonstrates a generally stable financial position, with assets consistently in the range of $26M-$30M over the past decade. Revenue has fluctuated significantly, from a low of $720,958 in 2021 to a high of $4,811,006 in 2023, indicating variability in its funding streams or operational activities. Despite these fluctuations, the organization has largely managed its expenses, often operating with a surplus, as seen in 2023 where revenue ($4,811,006) exceeded expenses ($4,658,037). However, there were periods of deficit, notably in 2022 and 2021. The organization's liabilities are substantial, consistently around $22M-$25M, which warrants closer examination to understand their nature and impact on long-term financial health. The consistent reporting of 0% officer compensation suggests either a volunteer-led executive team or that compensation is reported under other categories, which could impact transparency regarding leadership costs.