Is Money Marketeers Of New York University Inc Legit?
Quick charity verification for Money Marketeers Of New York University Inc (EIN: 136167899)
Verdict: Money Marketeers Of New York University Inc appears trustworthy
85/100Mission Score
$153KRevenue
$260KAssets
1Red Flags
5Strengths
Red Flags
Significant revenue volatility in prior years (e.g., $10,214 in 202112 vs. $189,427 in 202312).
Strengths
Consistent financial surplus in the latest reporting period ($57,015 in 202312).
No reported officer compensation across all available filings, indicating efficient use of funds.
Healthy asset-to-liability ratio (5.2:1 in 202312).
Consistent IRS 990 filing history (13 filings), demonstrating good transparency.
Growing asset base, reaching $259,238 in 202312.
Spending Breakdown
How Money Marketeers Of New York University 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 Money Marketeers Of New York University Inc
Is Money Marketeers Of New York University Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Money Marketeers Of New York University Inc (EIN: 136167899) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Money Marketeers Of New York University Inc a good charity to donate to?
Money Marketeers Of New York University Inc has a Mission Score of 85/100. Revenue: $153K. Assets: $260K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Money Marketeers Of New York University Inc?
The Employer Identification Number (EIN) for Money Marketeers Of New York University Inc is 136167899. 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 Money Marketeers Of New York University Inc spend its money?
Money Marketeers Of New York University Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Money Marketeers Of New York University Inc's tax-exempt status?
You can verify Money Marketeers Of New York University Inc's tax-exempt status using EIN 136167899 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
Money Marketeers Of New York University Inc demonstrates generally sound financial health, with assets consistently exceeding liabilities. In the latest filing (202312), the organization reported revenues of $189,427 against expenses of $132,412, resulting in a surplus. This positive trend is a significant improvement from previous years, such as 202112 where expenses ($40,736) outstripped revenue ($10,214). The organization's assets have shown growth, reaching $259,238 in 202312, indicating a stable financial position.
Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is likely volunteer-based or compensated through other means not classified as officer compensation. This contributes to a higher proportion of funds potentially being directed towards program services. The organization's relatively low liabilities ($49,900 in 202312) compared to its assets further underscores its financial stability.
Transparency is good, with 13 filings available, indicating consistent reporting to the IRS. The absence of reported officer compensation is a positive indicator for donor confidence, as it suggests a lean operational structure. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency across these areas is limited. The overall financial trajectory, especially the recent surplus, points to a well-managed organization.