Quick charity verification for New Art Dealers Alliance Inc (EIN: 200300913)
Verdict: New Art Dealers Alliance Inc appears trustworthy
90/100Mission Score
$4.1MRevenue
$3.9MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could sometimes indicate aggressive accounting, though not necessarily negative.
No reported officer compensation for an organization of this size and revenue, which, while positive for efficiency, is atypical and might warrant further inquiry into how leadership is compensated or structured.
Strengths
Strong revenue growth, particularly from 2020 to 2023, indicating increasing support and activity.
Consistent financial surpluses in recent years (e.g., $3,886,561 revenue vs. $3,508,315 expenses in 202312).
Significant asset accumulation, demonstrating financial stability and capacity.
Zero reported officer compensation, suggesting a high degree of financial efficiency and dedication to mission.
Low liabilities relative to assets, indicating a strong balance sheet and low financial risk.
Spending Breakdown
How New Art Dealers Alliance Inc 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 Art Dealers Alliance Inc
Is New Art Dealers Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Art Dealers Alliance Inc (EIN: 200300913) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is New Art Dealers Alliance Inc a good charity to donate to?
New Art Dealers Alliance Inc has a Mission Score of 90/100. Revenue: $4.1M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Art Dealers Alliance Inc?
The Employer Identification Number (EIN) for New Art Dealers Alliance Inc is 200300913. 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 Art Dealers Alliance Inc spend its money?
New Art Dealers Alliance Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Art Dealers Alliance Inc's tax-exempt status?
You can verify New Art Dealers Alliance Inc's tax-exempt status using EIN 200300913 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 Art Dealers Alliance Inc. demonstrates a generally healthy financial position with consistent revenue generation and asset growth over the past several years. In the latest filing (202312), the organization reported revenues of $3,886,561 against expenses of $3,508,315, resulting in a surplus. This trend of generating more revenue than expenses is largely consistent, particularly in recent years, indicating sound financial management. The organization's assets have also shown significant growth, from $1,301,156 in 202012 to $3,321,048 in 202312, suggesting effective asset accumulation and stability.
Spending efficiency appears reasonable, with a significant portion of expenses likely directed towards program services, given the nature of the organization and the absence of reported officer compensation. The organization's liabilities remain a relatively small percentage of its assets, indicating a low financial risk. Transparency is high regarding executive compensation, as no officer compensation has been reported across all available filings, which is a notable positive for a nonprofit of this size. The consistent filing history further enhances transparency.