Is New York Alliance For Inclusion And Innovation Inc Legit?

Quick charity verification for New York Alliance For Inclusion And Innovation Inc (EIN: 133100070)

Verdict: New York Alliance For Inclusion And Innovation Inc appears trustworthy

92/100Mission Score

$3.8MRevenue

$2.9MAssets

1Red Flags

4Strengths

Red Flags

Significant increase in liabilities in the latest filing (from $251,580 in 202206 to $1,417,346 in 202306) without clear explanation in the provided data.

Strengths

Consistent financial surpluses in most recent years (e.g., $263,839 surplus in 202306).
Strong asset growth over the past five years (from $1,120,327 in 201906 to $2,962,665 in 202306).
No reported officer compensation across all filings, indicating high efficiency in executive pay or strong focus on program spending.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.

Spending Breakdown

How New York Alliance For Inclusion And Innovation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 York Alliance For Inclusion And Innovation Inc

Is New York Alliance For Inclusion And Innovation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New York Alliance For Inclusion And Innovation Inc (EIN: 133100070) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is New York Alliance For Inclusion And Innovation Inc a good charity to donate to?

New York Alliance For Inclusion And Innovation Inc has a Mission Score of 92/100. Revenue: $3.8M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New York Alliance For Inclusion And Innovation Inc?

The Employer Identification Number (EIN) for New York Alliance For Inclusion And Innovation Inc is 133100070. 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 Alliance For Inclusion And Innovation Inc spend its money?

New York Alliance For Inclusion And Innovation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New York Alliance For Inclusion And Innovation Inc's tax-exempt status?

You can verify New York Alliance For Inclusion And Innovation Inc's tax-exempt status using EIN 133100070 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 Alliance For Inclusion And Innovation Inc demonstrates a generally stable financial position, with recent filings showing consistent revenue generation. In the 202306 period, the organization reported revenues of $3,611,468 against expenses of $3,347,629, indicating a surplus. Over the past five years, revenue has fluctuated, peaking at $4,500,153 in 202006 and dipping to $2,833,767 in 202206, but overall expenses have remained well-managed relative to income, often resulting in positive net assets. The organization's assets have shown significant growth, from $1,120,327 in 201906 to $2,962,665 in 202306, suggesting effective financial management and accumulation of resources. 

Spending efficiency appears to be a strong point, as indicated by the consistent surpluses in most recent years. The absence of reported officer compensation across all available filings suggests a high degree of financial prudence and a focus on mission-related spending, or that compensation is reported under other categories not explicitly detailed as 'Officer Comp' in this summary. This lack of reported officer compensation also contributes positively to transparency, as it implies resources are directed towards programs rather than high executive salaries. The organization's liabilities have also seen fluctuations, with a notable increase to $1,417,346 in 202306, which warrants further investigation to understand its nature and impact on long-term financial health.

Overall, the New York Alliance For Inclusion And Innovation Inc appears to be a financially sound organization with a good track record of managing its resources. The consistent growth in assets and the general trend of operating with a surplus, coupled with the absence of reported officer compensation, point to a well-managed and mission-focused entity. However, the recent increase in liabilities should be monitored.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.