Quick charity verification for Legal Services Nyc (EIN: 132600199)
Verdict: Legal Services Nyc appears trustworthy
90/100Mission Score
$18.0MRevenue
$48.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual and might warrant further investigation into how leadership is compensated if not through traditional officer salaries.
Strengths
Consistent revenue growth, particularly in recent years (e.g., from $12.5M in 2022 to $16.4M in 2023).
Significant growth in assets, nearly tripling from $16.1M in 2014 to $48.0M currently, indicating increased capacity.
Positive net income in most reporting periods, demonstrating sound financial management.
Zero reported officer compensation across all filings, indicating a strong commitment to directing funds towards the mission.
Spending Breakdown
How Legal Services Nyc 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 Services Nyc
Is Legal Services Nyc a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Services Nyc (EIN: 132600199) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Legal Services Nyc a good charity to donate to?
Legal Services Nyc has a Mission Score of 90/100. Revenue: $18.0M. Assets: $48.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legal Services Nyc?
The Employer Identification Number (EIN) for Legal Services Nyc is 132600199. 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 Services Nyc spend its money?
Legal Services Nyc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legal Services Nyc's tax-exempt status?
You can verify Legal Services Nyc's tax-exempt status using EIN 132600199 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
Legal Services NYC demonstrates a generally stable financial trajectory with notable growth in recent years. The organization has consistently maintained a positive net income in most periods, indicating sound financial management. For instance, in 2023, revenue was $16,401,522 against expenses of $14,008,089, resulting in a surplus. Their asset base has also shown significant growth, nearly doubling from $25,982,195 in 2021 to $48,049,902 currently, suggesting effective asset accumulation and potentially increased capacity. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards their mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the overall financial health appears robust, supporting their mission of providing legal services.