Is New York Spine And Brain Surgery University Faculty Practice Corp Legit?
Quick charity verification for New York Spine And Brain Surgery University Faculty Practice Corp (EIN: 112645930)
Verdict: New York Spine And Brain Surgery University Faculty Practice Corp appears trustworthy
75/100Mission Score
$25.8MRevenue
$2.3MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of assets equaling liabilities, which is an unusual balance sheet structure for a standalone nonprofit and warrants further scrutiny.
Operational deficits in the two most recent fiscal periods (202206 and 202306), where expenses exceeded revenue, suggesting a slight draw on reserves or other funding sources.
Strengths
Consistent filing of IRS 990 forms over 13 periods, demonstrating good transparency and compliance.
Zero reported officer compensation across all filings, indicating a highly efficient executive overhead or an alternative compensation structure.
Stable revenue generation, consistently in the multi-million dollar range over the past decade, showing sustained operational capacity.
Long operational history (13 filings), suggesting an established and enduring presence in its field.
Spending Breakdown
How New York Spine And Brain Surgery University Faculty Practice Corp allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Spine And Brain Surgery University Faculty Practice Corp
Is New York Spine And Brain Surgery University Faculty Practice Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Spine And Brain Surgery University Faculty Practice Corp (EIN: 112645930) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is New York Spine And Brain Surgery University Faculty Practice Corp a good charity to donate to?
New York Spine And Brain Surgery University Faculty Practice Corp has a Mission Score of 75/100. Revenue: $25.8M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Spine And Brain Surgery University Faculty Practice Corp?
The Employer Identification Number (EIN) for New York Spine And Brain Surgery University Faculty Practice Corp is 112645930. 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 Spine And Brain Surgery University Faculty Practice Corp spend its money?
New York Spine And Brain Surgery University Faculty Practice Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Spine And Brain Surgery University Faculty Practice Corp's tax-exempt status?
You can verify New York Spine And Brain Surgery University Faculty Practice Corp's tax-exempt status using EIN 112645930 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 Spine And Brain Surgery University Faculty Practice Corp demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 202106, revenue was $22,966,408 against expenses of $21,061,646, indicating a surplus. However, the most recent filings for 202306 and 202206 show expenses slightly exceeding revenue, with $26,397,117 in expenses against $25,421,955 in revenue for 202306. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial structure and transparency regarding executive pay. The NTEE code E20 suggests a focus on specialty hospitals, which aligns with its name. The consistent reporting of assets equaling liabilities across all available filings is unusual and warrants further investigation to understand the nature of its balance sheet, as it could indicate a specific accounting practice or a lack of significant unrestricted net assets.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational scale and the fact that expenses generally track revenues suggest that funds are being utilized for its stated purpose. The lack of reported officer compensation contributes positively to its perceived efficiency in terms of executive overhead. The organization's transparency is good in terms of filing its IRS 990s consistently, but the balance sheet structure (assets = liabilities) could be a point of inquiry for a deeper understanding of its financial position.
Overall, the organization appears to be a stable, operating entity within the healthcare sector. Its financial health is generally sound, though recent years show a slight operational deficit. The absence of officer compensation is a strong positive for efficiency and transparency. However, the unique asset/liability reporting structure merits closer examination to fully grasp its financial standing and long-term sustainability.