Quick charity verification for Family Service Society Of Yonkers (EIN: 131739956)
Verdict: Family Service Society Of Yonkers appears trustworthy
85/100Mission Score
$15.5MRevenue
$12.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may obscure actual executive remuneration.
Fluctuating net income/loss in recent years, with a net loss of over $500,000 in 2023, indicating potential operational challenges or strategic investments.
Strengths
Stable asset base, consistently maintaining over $10 million in assets, indicating financial resilience.
Strong program spending ratio, suggesting a significant portion of funds are directed towards its mission.
Long filing history (14 filings) demonstrates consistent compliance and transparency in reporting to the IRS.
Spending Breakdown
How Family Service Society Of Yonkers 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 Family Service Society Of Yonkers
Is Family Service Society Of Yonkers a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Service Society Of Yonkers (EIN: 131739956) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Family Service Society Of Yonkers a good charity to donate to?
Family Service Society Of Yonkers has a Mission Score of 85/100. Revenue: $15.5M. Assets: $12.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Family Service Society Of Yonkers?
The Employer Identification Number (EIN) for Family Service Society Of Yonkers is 131739956. 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 Service Society Of Yonkers spend its money?
Family Service Society Of Yonkers allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Family Service Society Of Yonkers's tax-exempt status?
You can verify Family Service Society Of Yonkers's tax-exempt status using EIN 131739956 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 Service Society Of Yonkers demonstrates consistent financial activity, with revenues and expenses generally in the $11-15 million range over the past decade. While the organization has experienced some fluctuations, such as a net loss of over $500,000 in 2023 ($13,191,749 revenue vs. $13,695,024 expenses) and a net gain of nearly $1.8 million in 2022 ($14,767,675 revenue vs. $12,957,370 expenses), its asset base has remained relatively stable, hovering around $11-12 million. This indicates a generally sound financial footing, though recent years show some variability in operational surpluses.
The organization's spending efficiency appears to be strong, with a significant portion of its expenditures directed towards program services. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency, suggesting that top leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which is unusual for an organization of this size. Further investigation into how executive functions are compensated would provide a more complete picture of its operational overhead.
Overall, Family Service Society Of Yonkers exhibits a commitment to its mission through its program spending. The stability of its assets and the absence of reported officer compensation on the 990s suggest a focus on resource allocation to services. However, the lack of detailed executive compensation information on the 990s could be a point for further inquiry regarding full transparency.