Is New York Public Interest Research Group Fund Inc Legit?
Quick charity verification for New York Public Interest Research Group Fund Inc (EIN: 132876109)
Verdict: New York Public Interest Research Group Fund Inc appears trustworthy
85/100Mission Score
$5.2MRevenue
$2.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
Strong growth in assets, from $685,393 in 201408 to $2,587,712 in 202308, demonstrating financial stability and capacity.
Positive revenue trend, with the latest filing showing $5,274,655, indicating sustained donor support and operational capacity.
Effective management of liabilities, which have decreased significantly from a peak of $849,228 in 202008 to $258,181 in 202308.
Spending Breakdown
How New York Public Interest Research Group Fund Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Public Interest Research Group Fund Inc
Is New York Public Interest Research Group Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Public Interest Research Group Fund Inc (EIN: 132876109) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is New York Public Interest Research Group Fund Inc a good charity to donate to?
New York Public Interest Research Group Fund Inc has a Mission Score of 85/100. Revenue: $5.2M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Public Interest Research Group Fund Inc?
The Employer Identification Number (EIN) for New York Public Interest Research Group Fund Inc is 132876109. 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 Public Interest Research Group Fund Inc spend its money?
New York Public Interest Research Group Fund Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Public Interest Research Group Fund Inc's tax-exempt status?
You can verify New York Public Interest Research Group Fund Inc's tax-exempt status using EIN 132876109 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 Public Interest Research Group Fund Inc (NYPIRG Fund) demonstrates generally sound financial health, with consistent revenue generation and a healthy asset base. In the most recent filing (202308), the organization reported revenues of $5,274,655 against expenses of $5,203,517, indicating a slight surplus. Over the past five years, revenue has fluctuated, with a notable dip in 202008, but has since recovered and grown. The organization's assets have also shown a positive trend, growing from $1,537,087 in 202008 to $2,587,712 in 202308, suggesting good financial management and accumulation of reserves.
Spending efficiency appears to be strong, as indicated by the consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either unpaid or compensated through a related entity, which, while not explicitly detailed in the provided data, points to a lean operational structure regarding direct executive salaries. The organization's ability to maintain a positive net asset position and manage liabilities effectively further supports its operational efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.
Transparency regarding executive compensation is high, with all filings showing 0% officer compensation. This is a significant positive indicator. While the NTEE code is unknown, the consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and public disclosure. To further enhance transparency, a more granular breakdown of functional expenses (program, administrative, fundraising) would be beneficial for a complete understanding of how funds are allocated.