Long history of IRS 990 filings (13 filings), demonstrating regulatory compliance.
Spending Breakdown
How Firemens Association Of The State New York Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Firemens Association Of The State New York Foundation Inc
Is Firemens Association Of The State New York Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Firemens Association Of The State New York Foundation Inc (EIN: 141835837) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Firemens Association Of The State New York Foundation Inc a good charity to donate to?
Firemens Association Of The State New York Foundation Inc has a Mission Score of 65/100. Revenue: $37.1M. Assets: $161.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Firemens Association Of The State New York Foundation Inc?
The Employer Identification Number (EIN) for Firemens Association Of The State New York Foundation Inc is 141835837. 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 Firemens Association Of The State New York Foundation Inc spend its money?
Firemens Association Of The State New York Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Firemens Association Of The State New York Foundation Inc's tax-exempt status?
You can verify Firemens Association Of The State New York Foundation Inc's tax-exempt status using EIN 141835837 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 Firemens Association Of The State New York Foundation Inc demonstrates a mixed financial picture. While the organization holds substantial assets, totaling $161,027,158 in its latest filing, its revenue has fluctuated significantly over the past decade, ranging from a low of $3,185,650 in 2016 to a high of $11,014,716 in 2017. In the most recent period (202309), the organization reported expenses exceeding revenue ($6,753,697 in expenses vs. $5,213,776 in revenue), indicating an operating deficit. This trend of expenses exceeding revenue was also observed in 2022 and 2019, suggesting potential reliance on prior year surpluses or investment income to cover operational costs.
The organization's spending efficiency appears to be a concern, particularly given the recurring operating deficits. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency. However, the consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which could be a positive indicator of resource allocation if other compensation is not excessive. The substantial asset base provides a buffer, but sustained operating deficits could erode this over time.
Transparency regarding executive compensation is high, with 0% reported for officers. However, a more detailed breakdown of functional expenses (program, administrative, fundraising) would enhance transparency and allow for a clearer assessment of how funds are being utilized relative to the organization's mission. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance.