Quick charity verification for Historic Hudson Valley (EIN: 131692606)
Verdict: Historic Hudson Valley appears trustworthy
75/100Mission Score
$43.5MRevenue
$79.1MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation.
Expenses ($17,512,086 in 2023) exceeded revenue ($12,021,092 in 2023) in the latest filing period, indicating an operating deficit.
Strengths
Strong and consistent asset base, with assets of $77,675,977 in 2023, indicating long-term financial stability.
Long history of consistent IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance and transparency.
Significant total assets ($79,130,673) relative to annual expenses, providing a substantial financial cushion.
Spending Breakdown
How Historic Hudson Valley allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Historic Hudson Valley
Is Historic Hudson Valley a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Hudson Valley (EIN: 131692606) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Historic Hudson Valley a good charity to donate to?
Historic Hudson Valley has a Mission Score of 75/100. Revenue: $43.5M. Assets: $79.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Historic Hudson Valley?
The Employer Identification Number (EIN) for Historic Hudson Valley is 131692606. 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 Historic Hudson Valley spend its money?
Historic Hudson Valley allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Historic Hudson Valley's tax-exempt status?
You can verify Historic Hudson Valley's tax-exempt status using EIN 131692606 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
Historic Hudson Valley demonstrates a generally stable financial position with significant assets. Over the past several years, the organization has experienced fluctuations in revenue, with a notable peak of $19,006,453 in 2021 and a more recent decline to $12,021,092 in 2023. Expenses have consistently been in the range of $11-17 million annually. The organization's asset base has remained robust, consistently above $75 million, indicating strong long-term financial stability. The absence of reported officer compensation across all available filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which warrants further investigation for full transparency.
While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the overall financial health appears sound, supported by substantial assets relative to annual expenses. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and transparency in reporting financial activities. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency, particularly the ratio of program spending to overhead.
Further analysis would benefit from a deeper dive into the specific line items of expenses to understand the allocation towards its mission-related programs versus administrative and fundraising costs. The consistent reporting of zero officer compensation is an unusual data point for an organization of this size and could be a strength if truly volunteer-led, or a potential area for clarification if compensation is simply categorized differently.