Is New York State Association Of School Business Officials Legit?
Quick charity verification for New York State Association Of School Business Officials (EIN: 141485303)
Verdict: New York State Association Of School Business Officials appears trustworthy
75/100Mission Score
$2.5MRevenue
$4.1MAssets
2Red Flags
3Strengths
Red Flags
Expenses exceeding revenue in the two most recent periods (202306 and 202206), totaling a deficit of over $500,000.
Lack of reported officer compensation, which could obscure leadership costs if compensation is reported elsewhere.
Strengths
Consistent and significant asset growth over the past decade, from $1,747,220 in 201306 to $4,327,708 in 202306.
Strong asset base relative to liabilities, indicating financial stability.
History of revenue exceeding expenses in most filing periods prior to 202206, demonstrating effective financial management.
Spending Breakdown
How New York State Association Of School Business Officials allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 State Association Of School Business Officials
Is New York State Association Of School Business Officials a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Association Of School Business Officials (EIN: 141485303) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is New York State Association Of School Business Officials a good charity to donate to?
New York State Association Of School Business Officials has a Mission Score of 75/100. Revenue: $2.5M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State Association Of School Business Officials?
The Employer Identification Number (EIN) for New York State Association Of School Business Officials is 141485303. 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 State Association Of School Business Officials spend its money?
New York State Association Of School Business Officials allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York State Association Of School Business Officials's tax-exempt status?
You can verify New York State Association Of School Business Officials's tax-exempt status using EIN 141485303 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 State Association Of School Business Officials (NYSASBO) demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $4,327,708 in the latest filing period (202306). While the organization experienced an excess of expenses over revenue in the most recent two periods (202306: $2,411,249 expenses vs. $1,968,264 revenue; 202206: $1,977,042 expenses vs. $1,869,553 revenue), this appears to be a recent trend following several years of revenue exceeding expenses. The organization's liabilities are well-managed, representing a relatively small portion of total assets.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent growth in assets suggests effective management of resources over the long term. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency regarding leadership costs.
Overall, NYSASBO appears to be a financially sound organization with a strong asset base. The recent trend of expenses exceeding revenue warrants closer monitoring, but it does not immediately suggest financial distress given the substantial accumulated assets. Transparency regarding the allocation of expenses, particularly between program delivery and administrative overhead, would enhance the understanding of its operational efficiency.