Quick charity verification for New York Ski Education Foundation Inc (EIN: 141577846)
Verdict: New York Ski Education Foundation Inc appears trustworthy
85/100Mission Score
$4.6MRevenue
$5.4MAssets
1Red Flags
5Strengths
Red Flags
Operational deficit in the latest filing period (202308), with expenses ($3,772,253) exceeding revenue ($3,496,918).
Strengths
Consistent growth in assets over the past decade, from $2,080,155 in 201408 to $4,336,504 in 202308.
Zero reported officer compensation across all 13 available filings, indicating a strong commitment to minimizing executive overhead.
Strong asset-to-liability ratio, with assets significantly exceeding liabilities in all reported periods.
Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency.
Generally positive operational surpluses in most years prior to the latest filing period.
Spending Breakdown
How New York Ski Education Foundation Inc 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 Ski Education Foundation Inc
Is New York Ski Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Ski Education Foundation Inc (EIN: 141577846) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is New York Ski Education Foundation Inc a good charity to donate to?
New York Ski Education Foundation Inc has a Mission Score of 85/100. Revenue: $4.6M. Assets: $5.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Ski Education Foundation Inc?
The Employer Identification Number (EIN) for New York Ski Education Foundation Inc is 141577846. 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 Ski Education Foundation Inc spend its money?
New York Ski Education Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Ski Education Foundation Inc's tax-exempt status?
You can verify New York Ski Education Foundation Inc's tax-exempt status using EIN 141577846 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 Ski Education Foundation Inc. demonstrates generally stable financial health, with assets consistently exceeding liabilities across its filing history. In the latest available period (202308), the organization reported assets of $4,336,504 against liabilities of $473,717, indicating a strong financial position. While the organization experienced a slight deficit in the 202308 period, with expenses ($3,772,253) exceeding revenue ($3,496,918), this appears to be an anomaly in its recent history, as most prior periods show a surplus. The consistent growth in assets over the past decade, from $2,080,155 in 201408 to over $4.3 million in 202308, suggests effective financial management and asset accumulation.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operational surpluses in most years prior to 202308 suggest that expenses are generally managed within revenue streams. The absence of reported officer compensation across all filings indicates a commitment to minimizing overhead in this specific area, which is a positive sign for donor confidence. Transparency regarding the allocation of expenses would further enhance the assessment of spending efficiency.
Transparency is a notable strength concerning executive compensation, as the filings consistently report 0% for Officer Comp. This indicates that the organization's leadership is either unpaid or compensated through other means not categorized as 'Officer Comp' in these summaries, which is a significant positive for a nonprofit. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a complete picture of spending efficiency and overall transparency regarding how funds are utilized remains somewhat limited. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and basic financial disclosure.