Quick charity verification for Metropolitan College Of New York (EIN: 136192377)
Verdict: Metropolitan College Of New York shows mixed signals
55/100Mission Score
$20.2MRevenue
$76.1MAssets
4Red Flags
1Strengths
Red Flags
Significant and sustained decline in revenue from $30.9M in 2019 to $19.1M in 2023.
Consistent operating deficits, notably a $7.1 million deficit in 2023 (Expenses $26.2M vs Revenue $19.1M).
Steady decline in total assets from $103M in 2015 to $83M in 2023.
Unusual reporting of 0% officer compensation across all filings, raising transparency concerns.
Strengths
Historically strong asset base, though declining, still provides a buffer ($83M in 2023).
Spending Breakdown
How Metropolitan College Of 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 Metropolitan College Of New York
Is Metropolitan College Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Metropolitan College Of New York (EIN: 136192377) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 1 strength noted.
Is Metropolitan College Of New York a good charity to donate to?
Metropolitan College Of New York has a Mission Score of 55/100. Revenue: $20.2M. Assets: $76.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Metropolitan College Of New York?
The Employer Identification Number (EIN) for Metropolitan College Of New York is 136192377. 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 Metropolitan College Of New York spend its money?
Metropolitan College Of New York allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Metropolitan College Of New York's tax-exempt status?
You can verify Metropolitan College Of New York's tax-exempt status using EIN 136192377 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
Metropolitan College Of New York has experienced a significant decline in revenue over the past few years, dropping from $30,994,659 in 2019 to $19,120,283 in 2023. This trend is concerning, especially as expenses have not decreased proportionally, leading to a deficit of over $7 million in 2023. The organization's assets have also seen a steady decline from a high of $103,020,651 in 2015 to $83,029,654 in 2023, indicating a potential erosion of financial stability. The consistent reporting of 0% officer compensation across all available filings is unusual and raises questions about the completeness or accuracy of this specific data point, impacting transparency. While the NTEE code B42Z suggests a focus on higher education, the financial trajectory warrants closer examination.