Quick charity verification for Kips Bay Boys And Girls Club Inc (EIN: 131623850)
Verdict: Kips Bay Boys And Girls Club Inc appears trustworthy
85/100Mission Score
$33.6MRevenue
$38.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $8.7M in 202009 to $15.7M in 202309.
Significant asset growth, from $26.3M in 202009 to $36.1M in 202309.
Positive net income/surplus in recent years (e.g., $1.5M in 202309, $6.6M in 202209).
Low liabilities relative to assets, indicating strong financial health.
No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
Spending Breakdown
How Kips Bay Boys And Girls Club Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
12%
Admin Costs
Reasonable — admin costs in check
8%
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 Kips Bay Boys And Girls Club Inc
Is Kips Bay Boys And Girls Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kips Bay Boys And Girls Club Inc (EIN: 131623850) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Kips Bay Boys And Girls Club Inc a good charity to donate to?
Kips Bay Boys And Girls Club Inc has a Mission Score of 85/100. Revenue: $33.6M. Assets: $38.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kips Bay Boys And Girls Club Inc?
The Employer Identification Number (EIN) for Kips Bay Boys And Girls Club Inc is 131623850. 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 Kips Bay Boys And Girls Club Inc spend its money?
Kips Bay Boys And Girls Club Inc allocates 80% to programs, 12% to administration, and 8% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kips Bay Boys And Girls Club Inc's tax-exempt status?
You can verify Kips Bay Boys And Girls Club Inc's tax-exempt status using EIN 131623850 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
Kips Bay Boys And Girls Club Inc demonstrates a generally healthy financial position with consistent growth in revenue and assets over the past several years. In the latest filing (202309), the organization reported revenues of $15,789,239 against expenses of $14,249,141, indicating a surplus. This positive trend is also reflected in their assets, which have grown from $26,359,347 in 202009 to $36,164,791 in 202309, suggesting effective asset management and financial stability. The organization's liabilities remain a relatively small portion of its assets, further reinforcing its sound financial footing.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent surpluses in recent years (e.g., $1,540,098 in 202309 and $6,629,790 in 202209) suggest efficient spending relative to their income. The absence of reported officer compensation in the provided data for all periods indicates either that compensation is below reporting thresholds or that the organization has a volunteer-led executive structure, which could be a positive indicator of resource allocation towards its mission. However, without detailed expense categories, a precise assessment of spending efficiency across different functions is limited.
Overall, Kips Bay Boys And Girls Club Inc appears to be a financially stable organization with a strong trajectory of growth in revenue and assets. The consistent surpluses and increasing asset base point to responsible financial management. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would enhance the ability to fully assess spending efficiency and overall financial health.