Is Mental Health Association In New York State Inc Legit?
Quick charity verification for Mental Health Association In New York State Inc (EIN: 131954023)
Verdict: Mental Health Association In New York State Inc appears trustworthy
90/100Mission Score
$4.6MRevenue
$4.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth, from $2,352,575 in 202112 to $5,147,483 in 202312.
Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
Positive net income in the latest filing (202312), with revenue exceeding expenses by over $1.2 million.
Healthy asset growth, reaching $3,069,990 in 202312.
Strong financial stability with increasing assets and a positive operating surplus.
Spending Breakdown
How Mental Health Association In New York State 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 Mental Health Association In New York State Inc
Is Mental Health Association In New York State Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mental Health Association In New York State Inc (EIN: 131954023) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Mental Health Association In New York State Inc a good charity to donate to?
Mental Health Association In New York State Inc has a Mission Score of 90/100. Revenue: $4.6M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mental Health Association In New York State Inc?
The Employer Identification Number (EIN) for Mental Health Association In New York State Inc is 131954023. 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 Mental Health Association In New York State Inc spend its money?
Mental Health Association In New York State Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mental Health Association In New York State Inc's tax-exempt status?
You can verify Mental Health Association In New York State Inc's tax-exempt status using EIN 131954023 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
The Mental Health Association In New York State Inc demonstrates a generally healthy financial position with a notable increase in revenue and assets in its latest filing. For the period ending 202312, the organization reported revenue of $5,147,483 against expenses of $3,927,191, resulting in a significant surplus. This positive trend is a strong indicator of financial stability and growth, especially when compared to previous years where expenses often closely matched or slightly exceeded revenue. The organization's assets have also grown substantially, reaching $3,069,990 in 202312, up from $2,706,398 in 202212 and $1,716,348 in 202112, suggesting effective asset management and accumulation of reserves. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and donor confidence. While specific program spending ratios are not provided in the raw data, the overall financial health appears robust, allowing for sustained program delivery.