Quick charity verification for New York College Of Health Professions (EIN: 112705352)
Verdict: New York College Of Health Professions shows mixed signals
55/100Mission Score
$2.8MRevenue
$16.4MAssets
5Red Flags
2Strengths
Red Flags
Consistent and significant decline in revenue over the past decade (from $17.6M in 2014 to $2.7M in 2023).
Massive unexplained expense of $45.4 million in 2018 against only $7.3 million in revenue.
Substantial decrease in total assets from $53.2 million in 2017 to $16.3 million in 2023.
Consistently reported 0% officer compensation, which is highly unusual for an organization of this type and size.
Significant fluctuation in liabilities, with a notable increase in 2023 to $3.3 million from $464,241 in 2022.
Strengths
Reported zero officer compensation suggests a high proportion of funds are not allocated to executive salaries.
Maintained positive net assets despite revenue decline, indicating some financial resilience.
Spending Breakdown
How New York College Of Health Professions allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 College Of Health Professions
Is New York College Of Health Professions a legitimate charity?
Based on AI analysis of IRS 990 filings, New York College Of Health Professions (EIN: 112705352) shows mixed signals. Mission Score: 55/100. 5 red flags identified, 2 strengths noted.
Is New York College Of Health Professions a good charity to donate to?
New York College Of Health Professions has a Mission Score of 55/100. Revenue: $2.8M. Assets: $16.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York College Of Health Professions?
The Employer Identification Number (EIN) for New York College Of Health Professions is 112705352. 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 College Of Health Professions spend its money?
New York College Of Health Professions allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York College Of Health Professions's tax-exempt status?
You can verify New York College Of Health Professions's tax-exempt status using EIN 112705352 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 York College Of Health Professions exhibits a concerning trend of declining revenue over the past several years, dropping from a peak of $17.6 million in 2014 to $2.7 million in 2023. This significant decrease in income, coupled with fluctuating expenses, raises questions about the long-term sustainability and operational stability of the organization. While the organization reported zero officer compensation across all available filings, which is unusual for an institution of its size and could indicate a lack of transparency in reporting executive benefits or a unique operational model, it also means a very high percentage of expenses are directed towards non-executive costs.
The organization's assets have also seen a substantial decline, from over $53 million in 2017 to $16.3 million in 2023, indicating a significant reduction in its financial reserves and capacity. The liabilities have also fluctuated, with a notable increase in 2023 to $3.3 million from $464,241 in 2022, which warrants further investigation. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency accurately, particularly the allocation between program, administrative, and fundraising costs.
Overall, the financial health of New York College Of Health Professions appears to be under stress due to the consistent decline in revenue and assets. While the reported zero officer compensation is a positive indicator for direct program spending, the broader financial trends suggest a need for closer scrutiny regarding revenue generation strategies, expense management, and the overall financial trajectory of the institution. The significant one-time expense spike in 2018 to $45.4 million against a revenue of $7.3 million is a major red flag that requires detailed explanation.