Quick charity verification for First Ward Action Council Inc (EIN: 222317109)
Verdict: First Ward Action Council Inc appears trustworthy
78/100Mission Score
$2.2MRevenue
$14.3MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Significant asset growth from $6.19M in 2016 to $14.27M in 2023, indicating strong financial health and capacity.
Consistent revenue generation, with 2023 revenue at $2.23M, demonstrating stable funding streams.
Low liability-to-asset ratio, suggesting good financial management and solvency.
The organization consistently allocates a high percentage of its expenses to program services based on typical nonprofit spending patterns.
AI Transparency Report
First Ward Action Council Inc is a housing & shelter nonprofit based in Binghamton, New York, with reported revenue of $2.2M and assets of $14.3M. Our AI analysis assigns a Mission Score of 78/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into their 990 filings. Revenue has grown +84% across 13 filing periods.