Quick charity verification for New York State Society Of Cpas (EIN: 131101547)
Verdict: New York State Society Of Cpas appears trustworthy
85/100Mission Score
$10.7MRevenue
$15.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how executive leadership is compensated or structured.
Deficit reported in the most recent filing (202305), with expenses exceeding revenue by over $600,000.
Strengths
Consistent revenue generation, typically around $10 million annually.
Long history of IRS 990 filings (13 filings), demonstrating consistent reporting and operational longevity.
Generally balanced budgets over the past decade, indicating sound financial management.
Spending Breakdown
How New York State Society Of Cpas allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 State Society Of Cpas
Is New York State Society Of Cpas a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Society Of Cpas (EIN: 131101547) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is New York State Society Of Cpas a good charity to donate to?
New York State Society Of Cpas has a Mission Score of 85/100. Revenue: $10.7M. Assets: $15.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State Society Of Cpas?
The Employer Identification Number (EIN) for New York State Society Of Cpas is 131101547. 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 Society Of Cpas spend its money?
New York State Society Of Cpas allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York State Society Of Cpas's tax-exempt status?
You can verify New York State Society Of Cpas's tax-exempt status using EIN 131101547 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 Society Of CPAs demonstrates consistent financial activity, with annual revenues and expenses generally hovering around the $10 million mark over the past decade. While the organization reported a deficit in the 202305 period, with expenses exceeding revenue by over $600,000 ($9,486,569 vs. $8,871,116), this appears to be an anomaly rather than a trend, as previous years often showed surpluses. The organization maintains a healthy asset base, consistently above $12 million, indicating financial stability.
The organization's transparency is commendable given the 0% officer compensation reported across all available filings, which suggests that top leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization is transparently reporting no direct compensation to its officers. This practice, if truly volunteer-led at the officer level, can contribute to a higher proportion of funds being directed towards programs and operations.
Overall, the New York State Society Of CPAs appears to be a financially stable organization with a consistent operational scale. The recent deficit warrants monitoring, but the long-term financial health, as evidenced by consistent assets and generally balanced budgets, suggests a well-managed entity. The lack of reported officer compensation is a notable positive indicator for transparency and efficient use of funds.