Is New College Of Florida Development Corporation Legit?
Quick charity verification for New College Of Florida Development Corporation (EIN: 204398131)
Verdict: New College Of Florida Development Corporation appears trustworthy
85/100Mission Score
$624KRevenue
$18.3MAssets
2Red Flags
3Strengths
Red Flags
Significant and consistent decline in annual revenue over the past five years, from $1,346,469 in 2019 to $672,660 in 2024.
Consistent reporting of 0% officer compensation for an organization with substantial assets, which may obscure the true cost of executive leadership if compensated by a related entity.
Expenses consistently align closely with revenue, suggesting efficient use of incoming funds for its mission.
No reported officer compensation, which, if accurate, indicates excellent resource allocation towards its mission.
Spending Breakdown
How New College Of Florida Development Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 College Of Florida Development Corporation
Is New College Of Florida Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, New College Of Florida Development Corporation (EIN: 204398131) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is New College Of Florida Development Corporation a good charity to donate to?
New College Of Florida Development Corporation has a Mission Score of 85/100. Revenue: $624K. Assets: $18.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New College Of Florida Development Corporation?
The Employer Identification Number (EIN) for New College Of Florida Development Corporation is 204398131. 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 College Of Florida Development Corporation spend its money?
New College Of Florida Development Corporation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New College Of Florida Development Corporation's tax-exempt status?
You can verify New College Of Florida Development Corporation's tax-exempt status using EIN 204398131 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
The New College Of Florida Development Corporation appears to be a financially stable organization, though it has experienced a notable decline in revenue over the past few years. Revenue decreased from $1,346,469 in 2019 to $672,660 in 2024, representing a significant reduction in its financial inflows. Despite this, its assets remain substantial at $19,473,161 in 2024, indicating a strong underlying financial base. The organization consistently reports expenses very close to its revenue, suggesting a lean operational model where most incoming funds are utilized for its mission. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, or that executive compensation is handled by a related entity, which would warrant further investigation for a complete picture of financial health.