Quick charity verification for Midtown Athletic Club (EIN: 10371971)
Verdict: Midtown Athletic Club appears trustworthy
85/100Mission Score
$506KRevenue
$167KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising)
NTEE code is unknown, limiting understanding of specific mission area
Strengths
Consistent revenue growth over a decade (from $77,656 in 2013 to $146,771 in 2023)
Healthy financial surplus maintained annually (e.g., $24,808 in 2023)
Significant growth in assets, indicating financial stability and potential for future investment (from $28,418 in 2013 to $204,251 in 2023)
No reported officer compensation, suggesting efficient use of funds for operations
Consistent IRS 990 filing history (12 filings), indicating good transparency practices
Spending Breakdown
How Midtown Athletic Club 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 Midtown Athletic Club
Is Midtown Athletic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Midtown Athletic Club (EIN: 10371971) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Midtown Athletic Club a good charity to donate to?
Midtown Athletic Club has a Mission Score of 85/100. Revenue: $506K. Assets: $167K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Midtown Athletic Club?
The Employer Identification Number (EIN) for Midtown Athletic Club is 10371971. 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 Midtown Athletic Club spend its money?
Midtown Athletic Club allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Midtown Athletic Club's tax-exempt status?
You can verify Midtown Athletic Club's tax-exempt status using EIN 10371971 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
Midtown Athletic Club demonstrates consistent financial growth over the past decade, with revenue increasing from $77,656 in 2013 to $146,771 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $146,771 exceeded expenses of $121,963. This indicates sound financial management and an ability to cover operational costs. The organization's assets have also shown a healthy upward trend, growing from $28,418 in 2013 to $204,251 in 2023, suggesting reinvestment or accumulation of reserves.
Spending efficiency appears reasonable, with expenses generally staying below revenue. A notable aspect of Midtown Athletic Club's financial structure is the reported 0% officer compensation across all available filings. This suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of expenses, it's challenging to fully assess program spending versus administrative and fundraising costs.
In terms of transparency, the consistent filing of IRS Form 990s over a long period (12 filings) is a positive indicator. The absence of reported officer compensation simplifies the executive compensation analysis, but a more detailed breakdown of other significant expenses would enhance understanding of how funds are allocated. Overall, the organization appears financially stable and responsibly managed based on the provided data.