Quick charity verification for Family Services Of Chemung County Inc (EIN: 160743995)
Verdict: Family Services Of Chemung County Inc appears trustworthy
85/100Mission Score
$10.8MRevenue
$5.5MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation across all filings, which may obscure full executive compensation details.
Strengths
Consistent financial surpluses, with revenue exceeding expenses in most recent periods (e.g., $11,668,613 revenue vs. $11,238,836 expenses in 2023).
Significant reduction in liabilities from $3,393,051 in 2018 to $680,692 in 2023, indicating improved financial management.
Growing asset base, reaching $5,882,262 in 2023, demonstrating financial stability and capacity.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
Spending Breakdown
How Family Services Of Chemung County 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 Family Services Of Chemung County Inc
Is Family Services Of Chemung County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Services Of Chemung County Inc (EIN: 160743995) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Family Services Of Chemung County Inc a good charity to donate to?
Family Services Of Chemung County Inc has a Mission Score of 85/100. Revenue: $10.8M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Family Services Of Chemung County Inc?
The Employer Identification Number (EIN) for Family Services Of Chemung County Inc is 160743995. 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 Services Of Chemung County Inc spend its money?
Family Services Of Chemung County Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Family Services Of Chemung County Inc's tax-exempt status?
You can verify Family Services Of Chemung County Inc's tax-exempt status using EIN 160743995 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 Services Of Chemung County Inc demonstrates consistent financial health with revenues generally exceeding expenses over the past decade. In the latest filing (202312), the organization reported revenues of $11,668,613 against expenses of $11,238,836, indicating a healthy surplus. Their asset base has also shown growth, reaching $5,882,262 in 2023, while liabilities have significantly decreased from a high of $3,393,051 in 2018 to $680,692 in 2023, suggesting improved financial management and reduced debt burden.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size and could be a point for further inquiry regarding full compensation disclosure. However, without detailed expense breakdowns, a precise assessment of program versus administrative spending is limited.
Transparency regarding executive compensation is a notable aspect, with all filings showing 0% officer compensation. While this could be interpreted positively as a lack of high executive salaries, it also raises questions about how leadership is compensated, if at all, and whether all forms of compensation are fully disclosed. The consistent financial surpluses and asset growth suggest effective stewardship of resources, but a more granular view of spending categories would enhance the assessment of their operational efficiency and program impact.