Is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny Legit?
Quick charity verification for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny (EIN: 136157604)
Verdict: Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny appears trustworthy
75/100Mission Score
$51.2MRevenue
$173.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, potentially indicating lack of transparency or compensation handled by a related entity.
NTEE Code is unknown, which limits understanding of its specific charitable sector and comparative analysis.
Strengths
Strong and consistent asset growth, from $46.6M in 2014 to $158.5M in 2023.
Significant revenue growth, reaching $70.1M in 2023.
Liabilities remain low relative to assets, indicating good financial stability.
Consistent positive net income (Revenue > Expenses) across all reported periods.
Spending Breakdown
How Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny 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 Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny
Is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny a legitimate charity?
Based on AI analysis of IRS 990 filings, Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny (EIN: 136157604) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny a good charity to donate to?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny has a Mission Score of 75/100. Revenue: $51.2M. Assets: $173.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny?
The Employer Identification Number (EIN) for Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny is 136157604. 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 Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny spend its money?
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's tax-exempt status?
You can verify Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny's tax-exempt status using EIN 136157604 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
Health And Welfare Of The Police Benevolent Assoc Of The City Of Ny demonstrates robust financial health, with assets consistently growing over the past decade, reaching $158,580,908 in the 202306 period from $46,659,523 in 201406. The organization's revenue has also shown significant growth, peaking at $70,163,847 in 202306. While specific program spending percentages are not detailed in the provided data, the consistent growth in assets and revenue suggests a stable financial foundation. The absence of reported officer compensation across all filings indicates a potential lack of transparency regarding executive pay, or that compensation is handled through a related entity, which warrants further investigation for a complete financial picture. The organization's liabilities remain relatively low compared to its assets, indicating good financial management.