Substantial revenue ($55,952,546) demonstrating capacity for large-scale operations
Spending Breakdown
How Lutheran Social Services Of Metropolitan New York Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Lutheran Social Services Of Metropolitan New York Inc
Is Lutheran Social Services Of Metropolitan New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lutheran Social Services Of Metropolitan New York Inc (EIN: 132658548) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Lutheran Social Services Of Metropolitan New York Inc a good charity to donate to?
Lutheran Social Services Of Metropolitan New York Inc has a Mission Score of 85/100. Revenue: $56.0M. Assets: $42.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lutheran Social Services Of Metropolitan New York Inc?
The Employer Identification Number (EIN) for Lutheran Social Services Of Metropolitan New York Inc is 132658548. 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 Lutheran Social Services Of Metropolitan New York Inc spend its money?
Lutheran Social Services Of Metropolitan New York Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lutheran Social Services Of Metropolitan New York Inc's tax-exempt status?
You can verify Lutheran Social Services Of Metropolitan New York Inc's tax-exempt status using EIN 132658548 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
Lutheran Social Services Of Metropolitan New York Inc (LSSNY) demonstrates a generally sound financial position, with its latest reported revenue at $55,952,546 and assets of $41,964,685. The most recent 990 filing (Period 202306) shows expenses slightly exceeding revenue ($48,877,935 vs. $48,630,179), indicating a minor operating deficit for that period. However, the overall asset base has grown significantly from $31,537,260 in 202306 to the current $41,964,685, suggesting effective asset management or new funding streams.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the organization reports 0% officer compensation in its 202306 filing, which is a positive indicator for donor confidence regarding executive pay. The substantial asset base relative to liabilities ($36,319,686 in 202306) suggests a stable financial foundation. To fully assess spending efficiency, a detailed breakdown of functional expenses would be necessary, but the available data points to a well-managed organization with a focus on its mission.