Is New England Apparel Club Inc Legit? —…

Quick charity verification for New England Apparel Club Inc (EIN: 136180025)

Red Flags

NTEE Code is unknown, limiting understanding of mission alignment and industry benchmarks.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Consistent 0% officer compensation is unusual for an organization of this size and could indicate compensation is hidden in other expense categories, requiring further investigation.

Strengths

Consistent asset growth, reaching $1,073,815, indicates strong financial health and stability.
Zero reported officer compensation across all filings suggests a highly efficient use of funds and a strong commitment to the mission.
Low liabilities relative to assets (e.g., $81,265 liabilities vs. $1,028,888 assets in 202405) demonstrate sound financial management.
Positive net income in most recent periods (e.g., $617,764 revenue vs. $546,890 expenses in 202405) indicates sustainable operations.

Spending Breakdown

How New England Apparel Club 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

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 England Apparel Club Inc

Is New England Apparel Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New England Apparel Club Inc (EIN: 136180025) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is New England Apparel Club Inc a good charity to donate to?

New England Apparel Club Inc has a Mission Score of 85/100. Revenue: $701K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New England Apparel Club Inc?

The Employer Identification Number (EIN) for New England Apparel Club Inc is 136180025. 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 England Apparel Club Inc spend its money?

New England Apparel Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New England Apparel Club Inc's tax-exempt status?

You can verify New England Apparel Club Inc's tax-exempt status using EIN 136180025 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 England Apparel Club Inc. demonstrates consistent financial stability with assets steadily growing over the past decade, reaching $1,073,815 in the latest period. While revenue has fluctuated, it has generally remained robust, with the latest reported revenue at $701,188. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission rather than executive enrichment. This also suggests a volunteer-driven leadership model or that compensation is reported under other expense categories, which would warrant further investigation for complete transparency.

Spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in the 202405 period, expenses were $546,890 against $617,764 in revenue, indicating a surplus. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, coupled with low liabilities (e.g., $81,265 in 202405), suggests sound financial management and a healthy balance sheet.

Transparency is high regarding executive compensation, with a clear 0% reported. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a full assessment of program focus and operational efficiency. Further details on how the organization allocates its expenses would enhance its financial transparency.

Is New England Apparel Club Inc Legit?

Verdict: New England Apparel Club Inc appears trustworthy