Quick charity verification for New Destiny Family Success Centers Inc (EIN: 208485917)
Verdict: New Destiny Family Success Centers Inc appears trustworthy
90/100Mission Score
$1.4MRevenue
$551KAssets
1Red Flags
4Strengths
Red Flags
Slight deficit in latest two reporting periods (202306: Expenses $1,098,037 > Revenue $1,073,467; 202206: Expenses $1,037,055 > Revenue $1,010,026)
Strengths
Consistent revenue growth over a decade, from $330,481 in 2014 to $1,073,467 in 2023.
Zero reported officer compensation across all 13 filings, indicating high dedication of funds to programs.
Strong transparency with 13 consistent IRS 990 filings.
Growing asset base, from $15,378 in 2015 to $180,054 in 2023, enhancing financial stability.
Spending Breakdown
How New Destiny Family Success Centers Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Destiny Family Success Centers Inc
Is New Destiny Family Success Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Destiny Family Success Centers Inc (EIN: 208485917) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is New Destiny Family Success Centers Inc a good charity to donate to?
New Destiny Family Success Centers Inc has a Mission Score of 90/100. Revenue: $1.4M. Assets: $551K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Destiny Family Success Centers Inc?
The Employer Identification Number (EIN) for New Destiny Family Success Centers Inc is 208485917. 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 Destiny Family Success Centers Inc spend its money?
New Destiny Family Success Centers Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Destiny Family Success Centers Inc's tax-exempt status?
You can verify New Destiny Family Success Centers Inc's tax-exempt status using EIN 208485917 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 Destiny Family Success Centers Inc demonstrates consistent growth in revenue and expenses over the past decade, indicating an expanding operational scope. In the latest filing (202306), the organization reported revenues of $1,073,467 against expenses of $1,098,037, showing a slight deficit for the period. However, the organization's assets have grown significantly from $15,378 in 2015 to $180,054 in 2023, suggesting a build-up of financial capacity over time. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's financial health appears stable, with liabilities generally managed relative to assets. For instance, in 2023, liabilities were $52,064 against assets of $180,054. The spending efficiency, while not fully detailed in the provided data for program vs. administrative costs, is positively influenced by the absence of executive compensation. This suggests a high proportion of funds are likely allocated to direct program services. The consistent filing of IRS Form 990s over 13 periods further enhances its transparency profile, allowing for public scrutiny of its financial activities.