Quick charity verification for New York School Of Interior Design (EIN: 131662715)
Verdict: New York School Of Interior Design appears trustworthy
75/100Mission Score
$33.6MRevenue
$71.6MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Consistent 0% officer compensation reported across all filings may indicate incomplete disclosure or a reporting anomaly, warranting further investigation.
Strengths
Consistent revenue generation, with the latest period showing $18,563,895.
Significant and sustained asset growth, from $39.4M in 2014 to $67.3M in 2023, indicating strong financial management and stability.
Expenses generally kept below revenue, leading to consistent surpluses.
Healthy balance sheet with assets significantly exceeding liabilities.
Spending Breakdown
How New York School Of Interior Design allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 School Of Interior Design
Is New York School Of Interior Design a legitimate charity?
Based on AI analysis of IRS 990 filings, New York School Of Interior Design (EIN: 131662715) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is New York School Of Interior Design a good charity to donate to?
New York School Of Interior Design has a Mission Score of 75/100. Revenue: $33.6M. Assets: $71.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York School Of Interior Design?
The Employer Identification Number (EIN) for New York School Of Interior Design is 131662715. 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 School Of Interior Design spend its money?
New York School Of Interior Design allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York School Of Interior Design's tax-exempt status?
You can verify New York School Of Interior Design's tax-exempt status using EIN 131662715 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 School of Interior Design demonstrates a generally stable financial position with consistent revenue streams and asset growth over the past decade. In the latest filing (202306), the organization reported revenues of $18,563,895 against expenses of $17,865,326, indicating a surplus. Assets have shown significant growth, increasing from $39,481,768 in 201406 to $67,304,893 in 202306, suggesting sound financial management and investment in its long-term stability. The organization's liabilities have fluctuated but remain manageable relative to its assets.
Spending efficiency appears reasonable, with expenses generally tracking closely to revenue, indicating that the organization is utilizing its funds for its operations. The consistent reporting of 0% for officer compensation across all available filings suggests that executive compensation is either not reported in this section or is minimal, which could be a positive indicator of resource allocation towards mission-related activities. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency regarding executive compensation is a potential area for improvement, as the 0% reported for 'Officer Comp' across all filings might not fully capture all forms of executive remuneration or could indicate a reporting anomaly. While the overall financial health appears robust, more granular data on functional expenses would enhance the assessment of spending efficiency and program impact.