Is N Y State Assoc Of Nurse Anesthetists Inc Legit?
Quick charity verification for N Y State Assoc Of Nurse Anesthetists Inc (EIN: 116042189)
Verdict: N Y State Assoc Of Nurse Anesthetists Inc appears trustworthy
92/100Mission Score
$619KRevenue
$1.5MAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
Consistent asset growth, reaching $1,319,885 in 2023.
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Low liabilities across most filing periods, demonstrating responsible financial management.
Consistent IRS 990 filing history, providing good transparency.
Strong revenue growth in recent years, from $300,073 in 2021 to $656,197 in 2023.
Spending Breakdown
How N Y State Assoc Of Nurse Anesthetists Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 N Y State Assoc Of Nurse Anesthetists Inc
Is N Y State Assoc Of Nurse Anesthetists Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, N Y State Assoc Of Nurse Anesthetists Inc (EIN: 116042189) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is N Y State Assoc Of Nurse Anesthetists Inc a good charity to donate to?
N Y State Assoc Of Nurse Anesthetists Inc has a Mission Score of 92/100. Revenue: $619K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for N Y State Assoc Of Nurse Anesthetists Inc?
The Employer Identification Number (EIN) for N Y State Assoc Of Nurse Anesthetists Inc is 116042189. 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 N Y State Assoc Of Nurse Anesthetists Inc spend its money?
N Y State Assoc Of Nurse Anesthetists Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify N Y State Assoc Of Nurse Anesthetists Inc's tax-exempt status?
You can verify N Y State Assoc Of Nurse Anesthetists Inc's tax-exempt status using EIN 116042189 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
N Y State Assoc Of Nurse Anesthetists Inc demonstrates consistent financial stability with growing assets over the past several years, reaching $1,319,885 in 2023. The organization's revenue has fluctuated, with a notable increase to $656,197 in 2023, up from $559,968 in 2022. Expenses have generally tracked revenue, indicating a balanced operational approach, though 2023 saw expenses ($667,203) slightly exceed revenue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. This suggests a high degree of financial prudence and a focus on programmatic activities rather than executive overhead.
The organization's spending efficiency appears strong, particularly given the absence of officer compensation. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests that the majority of funds are likely directed towards its mission. The consistent growth in assets, from $783,810 in 2015 to over $1.3 million in 2023, further reinforces a healthy financial position. The low liabilities across most years also point to responsible financial management.
Transparency is generally good, with consistent IRS 990 filings. The clear reporting of zero officer compensation is a significant positive for transparency, indicating that financial resources are not being diverted to high executive salaries. The consistent filing history provides a clear long-term view of the organization's financial trajectory, allowing for informed analysis of its fiscal health and operational trends.