Is Make A Wish Foundation Of The Hudson Valley Inc Legit?
Quick charity verification for Make A Wish Foundation Of The Hudson Valley Inc (EIN: 133344306)
Verdict: Make A Wish Foundation Of The Hudson Valley Inc appears trustworthy
90/100Mission Score
$3.9MRevenue
$3.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $1,795,911 in 2020 to $3,027,311 in 2023.
Healthy asset accumulation, reaching $2,867,046 in 2023.
No reported officer compensation across all filings, indicating high efficiency and transparency.
Positive net income in most recent years, demonstrating sound financial management.
Strong financial health with assets significantly exceeding liabilities in recent periods (e.g., 2023 assets $2,867,046 vs. liabilities $801,535).
Spending Breakdown
How Make A Wish Foundation Of The Hudson Valley 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 Make A Wish Foundation Of The Hudson Valley Inc
Is Make A Wish Foundation Of The Hudson Valley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Make A Wish Foundation Of The Hudson Valley Inc (EIN: 133344306) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Make A Wish Foundation Of The Hudson Valley Inc a good charity to donate to?
Make A Wish Foundation Of The Hudson Valley Inc has a Mission Score of 90/100. Revenue: $3.9M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Make A Wish Foundation Of The Hudson Valley Inc?
The Employer Identification Number (EIN) for Make A Wish Foundation Of The Hudson Valley Inc is 133344306. 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 Make A Wish Foundation Of The Hudson Valley Inc spend its money?
Make A Wish Foundation Of The Hudson Valley Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Make A Wish Foundation Of The Hudson Valley Inc's tax-exempt status?
You can verify Make A Wish Foundation Of The Hudson Valley Inc's tax-exempt status using EIN 133344306 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
Make A Wish Foundation Of The Hudson Valley Inc demonstrates consistent financial growth and a strong commitment to its mission. Over the past five years, the organization has seen its revenue increase from $1,795,911 in 2020 to $3,027,311 in 2023, indicating robust fundraising efforts. Its assets have also grown significantly, from $1,863,320 in 2020 to $2,867,046 in 2023, providing a solid financial foundation. The organization consistently spends less than it brings in, as evidenced by its 2023 revenue of $3,027,311 against expenses of $2,816,377, allowing for asset accumulation and future program expansion.
The organization appears to be financially healthy, with a positive net income in most recent years. While specific program spending percentages are not detailed in the provided data, the consistent growth in revenue and assets suggests effective management. The absence of reported officer compensation across all filings indicates a high level of transparency and a focus on directing funds towards the mission rather than executive salaries. This practice enhances donor confidence and reflects a strong ethical stance regarding financial stewardship.