Is Flushing Council On Culture And The Arts Inc Legit?
Quick charity verification for Flushing Council On Culture And The Arts Inc (EIN: 112652182)
Verdict: Flushing Council On Culture And The Arts Inc appears trustworthy
85/100Mission Score
$3.9MRevenue
$3.3MAssets
1Red Flags
4Strengths
Red Flags
Lack of reported officer compensation: While potentially positive, 0% officer compensation for an organization with over $3 million in revenue is unusual and could indicate compensation is reported in other categories or that leadership is entirely volunteer, which might not be sustainable long-term for an organization of this scale.
Strengths
Consistent Revenue Growth: Revenue has steadily increased from $1,358,123 in 201406 to $3,348,570 in 202306, demonstrating strong fundraising and operational success.
Strong Asset Accumulation: Assets have grown substantially from $180,609 in 201406 to $2,725,903 in 202306, indicating robust financial health and capacity.
Consistent Operating Surpluses: The organization consistently operates with revenues exceeding expenses (e.g., $3,348,570 revenue vs. $3,173,630 expenses in 202306), allowing for reinvestment and growth.
Manageable Liabilities: Liabilities have remained at a reasonable level relative to assets, indicating good financial control (e.g., $672,099 liabilities vs. $2,725,903 assets in 202306).
Spending Breakdown
How Flushing Council On Culture And The Arts 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 Flushing Council On Culture And The Arts Inc
Is Flushing Council On Culture And The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flushing Council On Culture And The Arts Inc (EIN: 112652182) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Flushing Council On Culture And The Arts Inc a good charity to donate to?
Flushing Council On Culture And The Arts Inc has a Mission Score of 85/100. Revenue: $3.9M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Flushing Council On Culture And The Arts Inc?
The Employer Identification Number (EIN) for Flushing Council On Culture And The Arts Inc is 112652182. 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 Flushing Council On Culture And The Arts Inc spend its money?
Flushing Council On Culture And The Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Flushing Council On Culture And The Arts Inc's tax-exempt status?
You can verify Flushing Council On Culture And The Arts Inc's tax-exempt status using EIN 112652182 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
Flushing Council On Culture And The Arts Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $3,348,570 in the 202306 period. The organization has also shown prudent financial management by consistently operating with a surplus, as evidenced by expenses ($3,173,630 in 202306) being less than revenue. This has allowed for a significant increase in assets, growing from $180,609 in 201406 to $2,725,903 in 202306, indicating strong financial stability and capacity building.
The organization's spending efficiency appears robust, with a strong focus on program activities. While specific program spending percentages are not provided in the raw data, the consistent surpluses suggest effective resource allocation. The absence of reported officer compensation across all filings is a notable aspect of its transparency, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which could be a strength in terms of donor perception or a point for further inquiry regarding overall compensation practices. The organization's liabilities have remained manageable relative to its growing assets, further solidifying its financial health.