Is New York Road Runners Inc Legit?

Quick charity verification for New York Road Runners Inc (EIN: 132949483)

Verdict: New York Road Runners Inc appears trustworthy

88/100Mission Score

$158.8MRevenue

$187.1MAssets

1Red Flags

5Strengths

Red Flags

Unclear executive compensation reporting (0% reported across all filings for Officer Comp, which is unusual for an organization of this scale)

Strengths

Strong financial recovery and growth post-pandemic, with revenue increasing from $58M in 202103 to $116M in 202403.
Consistent operating surpluses, demonstrating effective financial management (e.g., $5.6M surplus in 202403).
Significant and consistent asset growth, from $63M in 201503 to $184M in 202403, indicating robust financial health.
Long history of IRS 990 filings (14 filings), suggesting a commitment to transparency.
Healthy asset-to-liability ratio, indicating strong financial solvency.

Spending Breakdown

How New York Road Runners Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Road Runners Inc

Is New York Road Runners Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New York Road Runners Inc (EIN: 132949483) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.

Is New York Road Runners Inc a good charity to donate to?

New York Road Runners Inc has a Mission Score of 88/100. Revenue: $158.8M. Assets: $187.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New York Road Runners Inc?

The Employer Identification Number (EIN) for New York Road Runners Inc is 132949483. 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 Road Runners Inc spend its money?

New York Road Runners Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New York Road Runners Inc's tax-exempt status?

You can verify New York Road Runners Inc's tax-exempt status using EIN 132949483 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 Road Runners Inc. (NYRR) demonstrates robust financial health, with a significant rebound in revenue and assets post-pandemic. In the latest filing (202403), the organization reported revenues of $116,664,989 against expenses of $111,005,136, indicating a healthy operating surplus. Its assets have steadily grown, reaching $184,453,466 in 202403, reflecting strong financial management and capacity. The organization's spending efficiency appears strong, as evidenced by consistent operating surpluses in recent years, suggesting that a substantial portion of its revenue is directed towards its mission. The consistent filing of IRS Form 990s over 14 periods indicates a commitment to transparency, providing a clear historical financial record for public scrutiny.

While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial trends suggest a well-managed organization. The growth in assets and revenue, particularly from 202103 ($58,329,690 revenue) to 202403 ($116,664,989 revenue), highlights a successful recovery and expansion of operations. The liabilities, while substantial at $89,998,728 in 202403, are well-covered by the organization's significant asset base, maintaining a healthy financial position. The absence of reported officer compensation in the provided data is notable and could indicate either a specific reporting structure or that compensation is covered under other expense categories, warranting further investigation for complete transparency.

View Full Transparency Report →

Disclaimer

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