Quick charity verification for New York Law Institute (EIN: 135600417)
Verdict: New York Law Institute appears trustworthy
85/100Mission Score
$2.8MRevenue
$11.1MAssets
2Red Flags
3Strengths
Red Flags
Unusually low or 0% reported officer compensation, which may obscure actual leadership costs or indicate reliance on external funding for executive roles.
Fluctuations in revenue and expenses, with some periods showing expenses exceeding revenue (e.g., 202304: Expenses $1,947,250 vs. Revenue $1,840,875), indicating potential operational deficits in certain years.
Strengths
Strong and consistent asset base, generally exceeding $10 million, indicating long-term financial stability.
No reported officer compensation, suggesting a highly efficient use of funds for leadership or significant volunteer contributions.
Consistent filing history (13 filings), demonstrating transparency and compliance with IRS reporting requirements.
Spending Breakdown
How New York Law Institute allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Law Institute
Is New York Law Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Law Institute (EIN: 135600417) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is New York Law Institute a good charity to donate to?
New York Law Institute has a Mission Score of 85/100. Revenue: $2.8M. Assets: $11.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Law Institute?
The Employer Identification Number (EIN) for New York Law Institute is 135600417. 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 Law Institute spend its money?
New York Law Institute allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Law Institute's tax-exempt status?
You can verify New York Law Institute's tax-exempt status using EIN 135600417 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 Law Institute demonstrates consistent financial stability with assets consistently over $10 million, reaching $11,066,867 in its latest filing. While revenue has fluctuated, it has generally trended upwards, with the latest reported revenue at $2,834,799, a significant increase from previous years. The organization has maintained a healthy asset base, indicating good long-term financial health. Expenses have generally been managed within or close to revenue levels, preventing significant deficits over time. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to minimizing administrative overhead related to executive pay, which is a positive indicator of spending efficiency and transparency regarding leadership compensation.