Quick charity verification for New America College (EIN: 205842237)
Verdict: New America College appears trustworthy
75/100Mission Score
$1.5MRevenue
$1.0MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% reported officer compensation, which is unusual for an organization of this scale and could indicate a lack of transparency in reporting executive pay.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistent revenue growth, with revenue increasing from $896,667 in 2021 to $1,629,302 in 2024.
Healthy asset growth, from $180,387 in 2021 to $964,402 in 2024, indicating strong financial health.
Positive net income in recent years, with revenue consistently exceeding expenses (e.g., $1,629,302 revenue vs. $1,272,201 expenses in 2024).
Decreasing liabilities in the most recent period, from $393,286 in 2023 to $275,003 in 2024, improving financial stability.
Spending Breakdown
How New America College 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 New America College
Is New America College a legitimate charity?
Based on AI analysis of IRS 990 filings, New America College (EIN: 205842237) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is New America College a good charity to donate to?
New America College has a Mission Score of 75/100. Revenue: $1.5M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New America College?
The Employer Identification Number (EIN) for New America College is 205842237. 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 America College spend its money?
New America College allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New America College's tax-exempt status?
You can verify New America College's tax-exempt status using EIN 205842237 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 America College demonstrates a generally stable financial trajectory, with revenues consistently exceeding expenses in recent years, leading to a healthy growth in assets. For instance, in 2024, revenue was $1,629,302 against expenses of $1,272,201, contributing to assets of $964,402. This trend indicates effective financial management and a growing capacity to support its mission. The organization's liabilities have fluctuated but appear manageable relative to its asset base, with a notable decrease in liabilities from $393,286 in 2023 to $275,003 in 2024, further strengthening its financial position.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent surplus of revenue over expenses suggests that the organization is not overspending. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. This lack of reported executive compensation is a significant factor in assessing transparency.
Overall, New America College appears to be in a sound financial state, marked by consistent revenue generation and asset growth. The primary area for improvement in transparency would be a more detailed disclosure of how expenses are categorized, particularly regarding program delivery versus administrative and fundraising costs, and clarification on executive compensation practices if not truly zero.