Quick charity verification for Make The Road New York (EIN: 113344389)
Verdict: Make The Road New York appears trustworthy
85/100Mission Score
$29.9MRevenue
$73.0MAssets
2Red Flags
4Strengths
Red Flags
Absence of reported officer compensation in summary data, requiring deeper investigation of full 990s for transparency on executive pay.
Expenses exceeded revenue in 2023 by approximately $1.67 million, indicating a deficit for that fiscal year.
Strengths
Consistent and significant growth in revenue over the past decade, from $13.4M in 2014 to $31.7M in 2023.
Substantial growth in assets, reaching $67.9M in 2023, indicating strong financial reserves and capacity.
Healthy asset-to-liability ratio (approx. 3.56:1 in 2023), demonstrating strong financial stability.
History of generating significant surpluses in multiple years, such as $9.78M in 2022 and $5.05M in 2021.
Spending Breakdown
How Make The Road New York 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 Make The Road New York
Is Make The Road New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Make The Road New York (EIN: 113344389) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Make The Road New York a good charity to donate to?
Make The Road New York has a Mission Score of 85/100. Revenue: $29.9M. Assets: $73.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Make The Road New York?
The Employer Identification Number (EIN) for Make The Road New York is 113344389. 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 The Road New York spend its money?
Make The Road New York allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Make The Road New York's tax-exempt status?
You can verify Make The Road New York's tax-exempt status using EIN 113344389 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 The Road New York demonstrates a strong financial position with consistently growing assets, reaching $67,931,415 in 2023. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $1.67 million, this follows several years of significant surpluses, such as the $9.78 million surplus in 2022. The organization's liabilities have also grown, reaching $19,068,465 in 2023, but remain well-covered by its substantial assets. The consistent growth in revenue and assets over the past decade indicates robust fundraising and financial management.
Regarding spending efficiency, without detailed expense breakdowns from the provided data, it's challenging to precisely determine program vs. administrative spending. However, the overall financial health appears stable, with a healthy asset-to-liability ratio. The consistent growth in financial scale suggests an expanding operational capacity to fulfill its mission. The absence of reported officer compensation in the provided data for all periods is a notable point regarding transparency, as it could indicate either a lack of paid officers or a reporting nuance that requires further investigation of the full 990 forms.
Overall, Make The Road New York appears to be a financially robust organization with a history of significant growth. The recent deficit in 2023 warrants monitoring but does not immediately signal distress given the substantial reserves. Further analysis of detailed expense categories would provide a more complete picture of spending efficiency and program impact.