Is Kiryas Joel Municipal Local Development Corporation Legit?
Quick charity verification for Kiryas Joel Municipal Local Development Corporation (EIN: 141756790)
Verdict: Kiryas Joel Municipal Local Development Corporation appears trustworthy
75/100Mission Score
$5.9MRevenue
$2.6MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Unclear how an organization with over $5M in revenue operates with 0% reported officer compensation
Significant expense exceeding revenue in 2016 ($6,772,261 expenses vs. $3,879,440 revenue)
Strengths
Consistent financial reporting over 13 periods
Stable asset base relative to liabilities
No reported officer compensation, potentially indicating high volunteer engagement or efficient use of funds for leadership
Spending Breakdown
How Kiryas Joel Municipal Local Development Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Kiryas Joel Municipal Local Development Corporation
Is Kiryas Joel Municipal Local Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kiryas Joel Municipal Local Development Corporation (EIN: 141756790) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Kiryas Joel Municipal Local Development Corporation a good charity to donate to?
Kiryas Joel Municipal Local Development Corporation has a Mission Score of 75/100. Revenue: $5.9M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kiryas Joel Municipal Local Development Corporation?
The Employer Identification Number (EIN) for Kiryas Joel Municipal Local Development Corporation is 141756790. 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 Kiryas Joel Municipal Local Development Corporation spend its money?
Kiryas Joel Municipal Local Development Corporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kiryas Joel Municipal Local Development Corporation's tax-exempt status?
You can verify Kiryas Joel Municipal Local Development Corporation's tax-exempt status using EIN 141756790 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 Kiryas Joel Municipal Local Development Corporation demonstrates consistent financial activity, with revenues and expenses generally in the range of $3.5 million to $5.3 million over the past decade. The organization's assets have fluctuated, peaking around $5 million in 2014-2015 before settling closer to $2.5-$3 million in recent years. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation being reported under different categories. Without a detailed breakdown of expenses (e.g., program service expenses vs. administrative and fundraising), it's challenging to fully assess spending efficiency. However, the consistent reporting of liabilities relative to assets indicates a stable financial position, with liabilities typically representing a smaller portion of total assets.