Quick charity verification for New York Academy Of Sciences (EIN: 131773640)
Verdict: New York Academy Of Sciences appears trustworthy
85/100Mission Score
$21.0MRevenue
$24.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure executive remuneration details.
Increasing liabilities, reaching $15,043,462 in 2023, which should be monitored relative to assets.
Strengths
Strong and consistent revenue generation, with $23,922,135 in 2023.
Positive operating margins in most years, indicating effective financial management.
Healthy asset base, reaching $26,576,480 in 2023.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How New York Academy Of Sciences allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 York Academy Of Sciences
Is New York Academy Of Sciences a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Academy Of Sciences (EIN: 131773640) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is New York Academy Of Sciences a good charity to donate to?
New York Academy Of Sciences has a Mission Score of 85/100. Revenue: $21.0M. Assets: $24.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Academy Of Sciences?
The Employer Identification Number (EIN) for New York Academy Of Sciences is 131773640. 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 York Academy Of Sciences spend its money?
New York Academy Of Sciences allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Academy Of Sciences's tax-exempt status?
You can verify New York Academy Of Sciences's tax-exempt status using EIN 131773640 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 York Academy of Sciences demonstrates generally stable financial health, with revenues consistently in the $18M-$27M range over the past decade. In the most recent filing (202306), the organization reported revenues of $23,922,135 against expenses of $22,636,524, indicating a positive operating margin. Assets have fluctuated but show growth in recent years, reaching $26,576,480 in 2023, while liabilities have also increased, standing at $15,043,462. The organization's consistent filing of IRS Form 990s indicates a commitment to transparency.
Spending efficiency appears to be reasonable, though specific program, administrative, and fundraising expense breakdowns are not provided in the summary data. However, the consistent positive operating margins in most years suggest effective management of resources. The absence of reported officer compensation across all filings is a notable point regarding executive remuneration, suggesting either a volunteer leadership structure or compensation being reported under different categories not captured in this summary.
Overall, the Academy appears to be a financially sound organization with a history of generating substantial revenue to support its mission. The increase in liabilities warrants monitoring, but the asset base remains strong. The lack of reported officer compensation in the provided data could be a point for further investigation to fully understand executive remuneration practices.