Is New Alternatives For Children Inc Legit?

Quick charity verification for New Alternatives For Children Inc (EIN: 133149298)

Verdict: New Alternatives For Children Inc appears trustworthy

85/100Mission Score

$35.4MRevenue

$81.9MAssets

3Red Flags

5Strengths

Red Flags

Significant increase in liabilities in the latest filing without clear explanation in summary data
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary
Unusually low or unreported executive compensation for an organization of this size, potentially indicating a reporting anomaly or a need for further clarification.

Strengths

Consistent and strong revenue growth over the past decade, from $19.29M in 2014 to $37.84M in 2023.
Consistent operating surpluses, indicating sound financial management and sustainability.
Significant growth in assets, from $4.97M in 2014 to $83.20M in 2023, demonstrating increasing capacity.
Regular and consistent IRS 990 filing history, indicating good compliance.
Positive net assets, even with increased liabilities, showing overall financial stability.

Spending Breakdown

How New Alternatives For Children 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

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 New Alternatives For Children Inc

Is New Alternatives For Children Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New Alternatives For Children Inc (EIN: 133149298) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.

Is New Alternatives For Children Inc a good charity to donate to?

New Alternatives For Children Inc has a Mission Score of 85/100. Revenue: $35.4M. Assets: $81.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Alternatives For Children Inc?

The Employer Identification Number (EIN) for New Alternatives For Children Inc is 133149298. 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 New Alternatives For Children Inc spend its money?

New Alternatives For Children Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Alternatives For Children Inc's tax-exempt status?

You can verify New Alternatives For Children Inc's tax-exempt status using EIN 133149298 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

New Alternatives For Children Inc demonstrates a strong and consistent financial growth trajectory, with revenue increasing from $19.29 million in 2014 to $37.84 million in 2023. The organization consistently operates with a surplus, indicating sound financial management and the ability to reinvest in its mission. For instance, in 2023, revenue was $37,837,731 against expenses of $37,306,749, resulting in a surplus of over $500,000. This consistent surplus contributes to a healthy growth in assets, which have significantly increased from $4.97 million in 2014 to $83.20 million in 2023, although a substantial portion of this is offset by liabilities, particularly in the most recent filing where liabilities reached $66,665,752.

The organization's spending efficiency appears robust, as indicated by the consistent surpluses. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health suggests that the majority of funds are directed towards its mission. The absence of reported officer compensation across all filings is a notable point regarding transparency, suggesting either that executive compensation is not reported in this section or that it is exceptionally low, which could be a positive indicator of resource allocation. However, without a detailed functional expense breakdown, a precise assessment of spending efficiency across categories is limited.

Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a positive sign. The lack of reported officer compensation in the provided data, while potentially positive, also raises a question about the full disclosure of executive remuneration if it exists. The significant increase in assets and liabilities in the 2023 filing, with assets at $83,202,447 and liabilities at $66,665,752, warrants further investigation to understand the nature of these liabilities and their impact on the organization's long-term financial stability and liquidity.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.