Is New York Foundling Charitable Corporation Legit?
Quick charity verification for New York Foundling Charitable Corporation (EIN: 133318964)
Verdict: New York Foundling Charitable Corporation shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale.
Significant volatility in annual revenue and expenses, indicating potential funding instability or project-based operations.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.
Unknown NTEE code, making it difficult to understand its specific mission and compare to peers.
Strengths
Maintains a very strong asset base, consistently over $100 million, providing financial stability.
Generally operates with expenses below revenue in most reported periods, indicating fiscal prudence.
Spending Breakdown
How New York Foundling Charitable Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Foundling Charitable Corporation
Is New York Foundling Charitable Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Foundling Charitable Corporation (EIN: 133318964) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
Is New York Foundling Charitable Corporation a good charity to donate to?
New York Foundling Charitable Corporation has a Mission Score of 60/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Foundling Charitable Corporation?
The Employer Identification Number (EIN) for New York Foundling Charitable Corporation is 133318964. 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 Foundling Charitable Corporation spend its money?
New York Foundling Charitable Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Foundling Charitable Corporation's tax-exempt status?
You can verify New York Foundling Charitable Corporation's tax-exempt status using EIN 133318964 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 Foundling Charitable Corporation exhibits a complex financial picture. While the organization consistently maintains substantial assets, ranging from $103 million to $113 million over the past eight years, its revenue and expense figures show significant volatility. For instance, revenue spiked to over $45 million in 2013 but was as low as $2 million in 2018. This variability makes it challenging to assess consistent operational efficiency without more detailed program spending breakdowns, which are not provided in the summary data. The consistent reporting of 0% officer compensation across all available filings suggests either a highly unusual compensation structure or that executive compensation is reported under a different entity or category, which warrants further investigation for full transparency.
The organization's financial health appears stable in terms of asset base, but the lack of detailed expense allocation (program, administrative, fundraising) in the provided data prevents a thorough analysis of spending efficiency. Without these breakdowns, it's impossible to determine how much of its expenses directly support its charitable programs versus overhead. The significant fluctuations in revenue and expenses also raise questions about the predictability and sustainability of its funding model. The absence of a reported NTEE code further hinders understanding its specific mission area and comparing its financial metrics to peer organizations.