Controlled expenses: Expenses have remained relatively stable and below revenue in most periods, indicating good cost management.
Spending Breakdown
How Grolier Club Of The City Of New York 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 Grolier Club Of The City Of New York
Is Grolier Club Of The City Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Grolier Club Of The City Of New York (EIN: 136162403) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Grolier Club Of The City Of New York a good charity to donate to?
Grolier Club Of The City Of New York has a Mission Score of 90/100. Revenue: $4.7M. Assets: $29.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grolier Club Of The City Of New York?
The Employer Identification Number (EIN) for Grolier Club Of The City Of New York is 136162403. 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 Grolier Club Of The City Of New York spend its money?
Grolier Club Of The City Of New York allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grolier Club Of The City Of New York's tax-exempt status?
You can verify Grolier Club Of The City Of New York's tax-exempt status using EIN 136162403 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 Grolier Club Of The City Of New York demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $29,114,038 in the latest period. Revenue has fluctuated, with a notable peak of $7,313,603 in 2022, but expenses have remained relatively controlled, typically below $3 million annually. The organization consistently reports 0% officer compensation, indicating strong transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a positive indicator of financial stewardship.
The organization's financial health appears robust, with assets significantly outweighing liabilities, which have consistently been low (e.g., $110,950 in 2023). The consistent growth in assets, from $20,035,081 in 2016 to $29,114,038 currently, suggests effective financial management and investment. The Grolier Club's transparency is high regarding executive compensation, as it reports no compensation for officers, which is a strong positive for donor confidence. Further analysis would benefit from a detailed breakdown of program, administrative, and fundraising expenses to fully assess spending efficiency.
Overall, the Grolier Club appears to be a financially sound organization with a strong balance sheet and a commendable approach to executive compensation. Its ability to grow assets while maintaining relatively stable expenses, even with fluctuating revenues, points to prudent financial management. The consistent reporting of 0% officer compensation across all available filings is a significant strength in terms of transparency and efficient use of funds.