Is Mohawk Valley Community College Foundation Inc Legit?
Quick charity verification for Mohawk Valley Community College Foundation Inc (EIN: 166071031)
Verdict: Mohawk Valley Community College Foundation Inc appears trustworthy
85/100Mission Score
$5.8MRevenue
$11.1MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
Consistent asset growth from $5,639,823 in 2014 to $9,821,614 in 2023.
Zero reported officer compensation across all filings, indicating efficient use of funds for executive salaries.
Relatively low liabilities compared to assets, suggesting strong financial solvency.
Revenue generally covers expenses, with the latest filing showing $1,445,434 in revenue against $1,428,450 in expenses.
Spending Breakdown
How Mohawk Valley Community College Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Mohawk Valley Community College Foundation Inc
Is Mohawk Valley Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mohawk Valley Community College Foundation Inc (EIN: 166071031) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Mohawk Valley Community College Foundation Inc a good charity to donate to?
Mohawk Valley Community College Foundation Inc has a Mission Score of 85/100. Revenue: $5.8M. Assets: $11.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mohawk Valley Community College Foundation Inc?
The Employer Identification Number (EIN) for Mohawk Valley Community College Foundation Inc is 166071031. 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 Mohawk Valley Community College Foundation Inc spend its money?
Mohawk Valley Community College Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mohawk Valley Community College Foundation Inc's tax-exempt status?
You can verify Mohawk Valley Community College Foundation Inc's tax-exempt status using EIN 166071031 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 Mohawk Valley Community College Foundation Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, increasing from $5,639,823 in 2014 to $9,821,614 in 2023. Revenue and expenses have fluctuated, with a notable spike in revenue in 2019 ($4,306,833) and 2016 ($6,266,971), indicating successful fundraising campaigns in those periods. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of donor funds for administrative overhead related to executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The foundation's liabilities have remained relatively low compared to its assets, suggesting good financial management and solvency. The latest filing shows revenue of $1,445,434 against expenses of $1,428,450, indicating that the organization is spending nearly all of its incoming funds, which could be a sign of effective program delivery or a lack of significant surplus for future growth. The absence of reported officer compensation suggests a high degree of transparency regarding executive pay, as it implies that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, which would require further investigation for full clarity.