Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive remuneration reporting.
Strengths
Consistent revenue growth over the past decade, from $5.4M in 2014 to $9.7M in 2023.
Steady increase in assets, demonstrating financial stability and capacity building, from $4.2M in 2014 to $9.5M in 2023.
Consistently positive net income, indicating effective management of expenses relative to revenue.
Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., 2023 assets $9.5M vs. liabilities $3.3M).
Spending Breakdown
How Fifth Avenue Committee Incorporated 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 Fifth Avenue Committee Incorporated
Is Fifth Avenue Committee Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Fifth Avenue Committee Incorporated (EIN: 112475743) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Fifth Avenue Committee Incorporated a good charity to donate to?
Fifth Avenue Committee Incorporated has a Mission Score of 85/100. Revenue: $11.7M. Assets: $14.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fifth Avenue Committee Incorporated?
The Employer Identification Number (EIN) for Fifth Avenue Committee Incorporated is 112475743. 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 Fifth Avenue Committee Incorporated spend its money?
Fifth Avenue Committee Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fifth Avenue Committee Incorporated's tax-exempt status?
You can verify Fifth Avenue Committee Incorporated's tax-exempt status using EIN 112475743 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
Fifth Avenue Committee Incorporated demonstrates consistent financial growth and appears to manage its resources effectively. Over the past decade, the organization has shown a steady increase in both revenue and assets, with revenue growing from $5,413,376 in 2014 to $9,729,131 in 2023. This growth suggests a healthy expansion of its operations and capacity. The organization consistently maintains a positive net income, indicating sound financial management where expenses are kept below revenue.
Spending efficiency appears strong, as the organization consistently spends less than it brings in, allowing for asset growth. For instance, in 2023, expenses were $9,039,120 against revenues of $9,729,131. A notable aspect of its financial reporting is the consistent declaration of 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, potentially indicating that executive compensation is reported under other categories or that the organization operates with an entirely volunteer executive leadership, which would be a significant strength in terms of resource allocation. This lack of reported officer compensation, while potentially positive, also raises a question regarding the full transparency of executive remuneration.
Overall, Fifth Avenue Committee Incorporated exhibits a pattern of responsible financial stewardship and growth. The consistent increase in assets, from $4,279,065 in 2014 to $9,551,993 in 2023, further supports its financial stability. The absence of reported officer compensation is a key factor that could be interpreted as either exceptional efficiency or a reporting nuance that warrants further investigation for complete transparency.