Is New York State Local Government Services…

Quick charity verification for New York State Local Government Services Foundation Inc (EIN: 200190591)

Spending Breakdown

How New York State Local Government Services Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Local Government Services Foundation Inc

Is New York State Local Government Services Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New York State Local Government Services Foundation Inc (EIN: 200190591) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is New York State Local Government Services Foundation Inc a good charity to donate to?

New York State Local Government Services Foundation Inc has a Mission Score of 70/100. Revenue: $2.6M. Assets: $193K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New York State Local Government Services Foundation Inc?

The Employer Identification Number (EIN) for New York State Local Government Services Foundation Inc is 200190591. 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 Local Government Services Foundation Inc spend its money?

New York State Local Government Services Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New York State Local Government Services Foundation Inc's tax-exempt status?

You can verify New York State Local Government Services Foundation Inc's tax-exempt status using EIN 200190591 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 Local Government Services Foundation Inc. demonstrates consistent revenue growth over the past decade, increasing from $1,301,673 in 2014 to $2,478,984 in 2023. However, the organization has consistently reported expenses exceeding revenue in recent years, with a deficit of $57,573 in 2023 ($2,536,557 expenses vs. $2,478,984 revenue) and $114,851 in 2022 ($2,163,677 expenses vs. $2,048,826 revenue). This trend of spending more than it earns could impact long-term financial stability, as evidenced by a decline in assets from a peak of $543,313 in 2018 to $142,150 in 2023.

The organization reports 0% officer compensation across all available filings, which is a strong indicator of efficient use of funds for its mission rather than executive salaries. The consistent reporting of zero liabilities also suggests sound financial management regarding debt. While the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary, the absence of officer compensation and liabilities points to a focus on operational efficiency. However, the sustained operating deficits warrant closer examination of expense categories to ensure sustainability.

Overall, the foundation exhibits strong transparency by consistently filing its IRS 990s and reporting no officer compensation. Its financial health is somewhat concerning due to the recent trend of operating deficits and declining assets, despite robust revenue growth. Further analysis of detailed expense categories would be beneficial to fully assess spending efficiency and address the negative net income.

Is New York State Local Government Services Foundation Inc Legit?

Verdict: New York State Local Government Services Foundation Inc appears trustworthy

Red Flags

Strengths