Is Meals On Wheels Of Syracuse New York Inc Legit?
Quick charity verification for Meals On Wheels Of Syracuse New York Inc (EIN: 160970999)
Verdict: Meals On Wheels Of Syracuse New York Inc appears trustworthy
92/100Mission Score
$2.4MRevenue
$4.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $1,017,509 in 2014 to $2,355,450 currently.
Significant asset growth from $1,187,917 in 2014 to $4,646,553 currently.
No reported officer compensation across all filings, indicating high efficiency and mission focus.
Consistent surplus of revenue over expenses, demonstrating sound financial management.
Strong program spending efficiency, with a high percentage of expenses likely directed to direct services.
Spending Breakdown
How Meals On Wheels Of Syracuse New York Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Meals On Wheels Of Syracuse New York Inc
Is Meals On Wheels Of Syracuse New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meals On Wheels Of Syracuse New York Inc (EIN: 160970999) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Meals On Wheels Of Syracuse New York Inc a good charity to donate to?
Meals On Wheels Of Syracuse New York Inc has a Mission Score of 92/100. Revenue: $2.4M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meals On Wheels Of Syracuse New York Inc?
The Employer Identification Number (EIN) for Meals On Wheels Of Syracuse New York Inc is 160970999. 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 Meals On Wheels Of Syracuse New York Inc spend its money?
Meals On Wheels Of Syracuse New York Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meals On Wheels Of Syracuse New York Inc's tax-exempt status?
You can verify Meals On Wheels Of Syracuse New York Inc's tax-exempt status using EIN 160970999 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
Meals On Wheels Of Syracuse New York Inc demonstrates consistent financial health and growth over the past decade. The organization has shown a steady increase in both revenue and assets, with the latest reported revenue at $2,355,450 and assets at $4,646,553. This growth indicates effective fundraising and asset management. Their program spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most years, allowing for asset accumulation. For instance, in 2022, revenue was $1,571,578 against expenses of $1,457,886, resulting in a surplus. The organization's transparency is commendable given the consistent filing of IRS Form 990s and the public availability of this data, which allows for detailed financial scrutiny. The absence of reported officer compensation further suggests a focus on mission-related spending and potentially a volunteer-driven leadership structure, enhancing public trust.