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
Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
Strong revenue growth over the past decade, from $16.4M in 2014 to over $21M in 2023.
Expenses consistently align closely with revenue, suggesting prudent financial management.
Regular and extensive IRS 990 filing history (12 filings), demonstrating transparency and compliance.
Growing asset base, reaching $8,527,556 in 2023.
Spending Breakdown
How New York State Federation Of Growers And Processors Association allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Federation Of Growers And Processors Association
Is New York State Federation Of Growers And Processors Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Federation Of Growers And Processors Association (EIN: 150509747) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is New York State Federation Of Growers And Processors Association a good charity to donate to?
New York State Federation Of Growers And Processors Association has a Mission Score of 90/100. Revenue: $23.6M. Assets: $9.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State Federation Of Growers And Processors Association?
The Employer Identification Number (EIN) for New York State Federation Of Growers And Processors Association is 150509747. 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 Federation Of Growers And Processors Association spend its money?
New York State Federation Of Growers And Processors Association allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York State Federation Of Growers And Processors Association's tax-exempt status?
You can verify New York State Federation Of Growers And Processors Association's tax-exempt status using EIN 150509747 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 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.