Quick charity verification for New Eyes For The Needy Inc (EIN: 221539720)
Verdict: New Eyes For The Needy Inc appears trustworthy
85/100Mission Score
$1.3MRevenue
$4.6MAssets
2Red Flags
3Strengths
Red Flags
Revenue has been highly volatile, ranging from $561,257 in 2017 to $2,096,820 in 2023, making financial forecasting challenging.
The organization's net assets decreased from $5,128,111 in 2023 to $4,796,421 in 2024, indicating a recent decline in financial health.
Strengths
Consistently low fundraising costs, indicating efficient use of donor funds.
Strong program spending, with a significant portion of expenses dedicated to direct services.
Long operational history (since at least 2017 in provided data) demonstrates sustained commitment to their mission.
AI Transparency Report
New Eyes For The Needy Inc is a unknown nonprofit based in Short Hills, New Jersey, with reported revenue of $1.3M and assets of $4.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation appears reasonable, with the highest paid individual receiving $100,204 in 2024, which is appropriate for an organization of this size and revenue. Revenue has declined -11% across 13 filing periods.