Is New York State Federation Of Growers And Processors Association Legit?

Quick charity verification for New York State Federation Of Growers And Processors Association (EIN: 150509747)

Verdict: New York State Federation Of Growers And Processors Association appears trustworthy

90/100Mission Score
$23.6MRevenue
$9.9MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The New York State Federation Of Growers And Processors Association demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the latest filing (Period 202303), the organization reported revenues of $21,118,876 against expenses of $20,734,902, indicating a slight surplus. This trend of expenses closely matching or slightly exceeding revenue has been consistent across most years, suggesting a lean operational model. The organization's assets have shown growth, reaching $8,527,556 in 2023, while liabilities have also increased, standing at $6,243,629 in the same period. Spending efficiency appears to be a key characteristic, as evidenced by the tight margins between revenue and expenses. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries. This lack of reported officer compensation significantly enhances the perception of financial efficiency and donor trust. While specific program spending ratios are not explicitly detailed in the provided data, the overall financial picture suggests a focus on operational delivery given the close alignment of income and expenditures. The consistent filing of IRS Form 990s over a long period (12 filings) indicates a commitment to regulatory compliance and transparency, providing a clear historical record of financial activity.

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Disclaimer

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

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