Is Food Bank Association Of New York State Legit?

Quick charity verification for Food Bank Association Of New York State (EIN: 202555423)

Verdict: Food Bank Association Of New York State appears trustworthy

92/100Mission Score
$3.9MRevenue
$2.3MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Food Bank Association Of New York State 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 Food Bank Association Of New York State

Is Food Bank Association Of New York State a legitimate charity?

Based on AI analysis of IRS 990 filings, Food Bank Association Of New York State (EIN: 202555423) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Food Bank Association Of New York State a good charity to donate to?

Food Bank Association Of New York State has a Mission Score of 92/100. Revenue: $3.9M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Food Bank Association Of New York State?

The Employer Identification Number (EIN) for Food Bank Association Of New York State is 202555423. 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 Food Bank Association Of New York State spend its money?

Food Bank Association Of New York State allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Food Bank Association Of New York State's tax-exempt status?

You can verify Food Bank Association Of New York State's tax-exempt status using EIN 202555423 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 Food Bank Association Of New York State demonstrates a generally healthy financial position, with consistent revenue growth over the past several years, culminating in $3,537,099 in revenue for the 202306 period. The organization maintains a strong program spending ratio, indicating efficient use of funds towards its mission. For instance, in the 202306 period, expenses were $2,923,195 against revenue of $3,537,099, suggesting a surplus that contributes to asset growth. The organization's assets have also shown significant growth, reaching $2,701,938 in 202306, up from $1,662,336 in 202206, which provides a solid financial foundation. Spending efficiency appears to be a core strength, with a substantial portion of expenses directed towards programs. The absence of reported officer compensation across all available filings is a notable indicator of financial prudence and a commitment to directing resources to the mission rather than executive salaries. This practice enhances the organization's transparency and trustworthiness, as it suggests a volunteer-driven or very lean administrative structure at the top. The consistent filing of IRS Form 990s over 12 periods also reflects a commitment to regulatory compliance and transparency. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the raw data, the overall financial health, asset growth, and lack of executive compensation suggest a well-managed and mission-focused organization. The organization's ability to manage liabilities, which were $723,880 in 202306 against assets of $2,701,938, further supports its financial stability. The significant increase in revenue and assets over the last five years (from $634,174 revenue and $320,804 assets in 201906) indicates strong growth and donor confidence.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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