Is Legal Action Center Of The City Of New York Inc Legit?
Quick charity verification for Legal Action Center Of The City Of New York Inc (EIN: 132756320)
Verdict: Legal Action Center Of The City Of New York Inc appears trustworthy
92/100Mission Score
$6.5MRevenue
$13.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, from $1.2M in 2014 to $16.8M in 2023.
Consistent reporting of 0% officer compensation, indicating high efficiency in resource allocation.
Generally positive net income (revenue exceeding expenses) in most years, demonstrating financial sustainability.
Significant increase in revenue over the past decade, showing growing support and capacity.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $2.0M liabilities vs. $16.8M assets in 2023).
Spending Breakdown
How Legal Action Center Of The City Of New York Inc 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 Legal Action Center Of The City Of New York Inc
Is Legal Action Center Of The City Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Action Center Of The City Of New York Inc (EIN: 132756320) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Legal Action Center Of The City Of New York Inc a good charity to donate to?
Legal Action Center Of The City Of New York Inc has a Mission Score of 92/100. Revenue: $6.5M. Assets: $13.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legal Action Center Of The City Of New York Inc?
The Employer Identification Number (EIN) for Legal Action Center Of The City Of New York Inc is 132756320. 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 Legal Action Center Of The City Of New York Inc spend its money?
Legal Action Center Of The City Of New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legal Action Center Of The City Of New York Inc's tax-exempt status?
You can verify Legal Action Center Of The City Of New York Inc's tax-exempt status using EIN 132756320 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 Legal Action Center Of The City Of New York Inc demonstrates a generally healthy financial position with significant growth in revenue and assets over the past decade. In the most recent filing (202303), the organization reported revenues of $9,004,962 against expenses of $8,187,349, indicating a surplus. Their assets have grown substantially from $1,245,707 in 2014 to $16,885,110 in 2023, suggesting strong financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a notable aspect of its transparency and resource allocation.
Spending efficiency appears strong, with expenses generally well-managed relative to revenue, although there was a significant revenue spike in 2022 ($15,721,661) that was not fully expended, leading to a large increase in assets. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards its mission rather than executive salaries. This practice enhances the organization's transparency and public trust.
Overall, the Legal Action Center appears to be a financially robust and well-managed organization. The substantial growth in assets and consistent operational surpluses in most years suggest a sustainable financial model. The absence of officer compensation is a significant positive indicator of its dedication to its mission and efficient use of donor funds.