Is Family Health Network Of Central New York Inc Legit?
Quick charity verification for Family Health Network Of Central New York Inc (EIN: 161133983)
Verdict: Family Health Network Of Central New York Inc appears trustworthy
92/100Mission Score
$26.1MRevenue
$27.9MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of detailed reporting or alternative compensation structures not immediately apparent.
Strengths
Consistent revenue growth over the past decade, from $8.3M in 2014 to $15.2M in 2023.
Strong asset growth, increasing from $8.3M in 2014 to $27.6M in 2023.
Consistently operates with a financial surplus, indicating sound financial management (e.g., $633,146 surplus in 2023).
Low liabilities relative to assets, suggesting good financial stability (e.g., $5.2M liabilities vs. $27.6M assets in 2023).
Spending Breakdown
How Family Health Network Of Central New York Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Family Health Network Of Central New York Inc
Is Family Health Network Of Central New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Health Network Of Central New York Inc (EIN: 161133983) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Family Health Network Of Central New York Inc a good charity to donate to?
Family Health Network Of Central New York Inc has a Mission Score of 92/100. Revenue: $26.1M. Assets: $27.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Family Health Network Of Central New York Inc?
The Employer Identification Number (EIN) for Family Health Network Of Central New York Inc is 161133983. 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 Family Health Network Of Central New York Inc spend its money?
Family Health Network Of Central New York Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Family Health Network Of Central New York Inc's tax-exempt status?
You can verify Family Health Network Of Central New York Inc's tax-exempt status using EIN 161133983 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
Family Health Network Of Central New York Inc demonstrates consistent financial health with a strong trend of increasing assets and revenue over the past decade. For instance, total assets grew from $8,327,822 in 2014 to $27,665,267 in 2023, while revenue increased from $8,329,891 to $15,208,556 in the same period. The organization consistently operates with a surplus, as seen in 2023 where revenue of $15,208,556 exceeded expenses of $14,575,410, indicating sound financial management and sustainability.
The organization's spending efficiency appears robust, with a significant portion of expenses likely directed towards program services given its mission and the absence of reported officer compensation. This suggests a focus on delivering its core healthcare services. The lack of reported officer compensation across all available filings is a notable aspect of its transparency and financial structure, indicating either a volunteer leadership model or compensation being reported under other expense categories, which would warrant further investigation for complete transparency. Overall, the financial data points to a well-managed and growing nonprofit focused on its mission.