Is New York State United Teachers Building Corp Legit?
Quick charity verification for New York State United Teachers Building Corp (EIN: 141700200)
Verdict: New York State United Teachers Building Corp appears trustworthy
75/100Mission Score
$6.7MRevenue
$40.5MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay.
NTEE code is unknown, making it difficult to immediately understand the organization's primary purpose and compare its financial metrics to similar entities.
Strengths
Strong and stable asset base, consistently around $39-40 million over the past decade, indicating financial resilience.
Consistent revenue generation, averaging around $5 million annually, demonstrating stable operational funding.
Low liabilities relative to assets (e.g., $583,934 liabilities vs. $38,847,942 assets in 202308), indicating a healthy balance sheet.
Long and consistent IRS 990 filing history (13 filings), suggesting good compliance and transparency in financial reporting.
Spending Breakdown
How New York State United Teachers Building Corp 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 United Teachers Building Corp
Is New York State United Teachers Building Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State United Teachers Building Corp (EIN: 141700200) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is New York State United Teachers Building Corp a good charity to donate to?
New York State United Teachers Building Corp has a Mission Score of 75/100. Revenue: $6.7M. Assets: $40.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State United Teachers Building Corp?
The Employer Identification Number (EIN) for New York State United Teachers Building Corp is 141700200. 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 United Teachers Building Corp spend its money?
New York State United Teachers Building Corp 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 United Teachers Building Corp's tax-exempt status?
You can verify New York State United Teachers Building Corp's tax-exempt status using EIN 141700200 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 United Teachers Building Corp (NYSUTBC) demonstrates consistent financial stability with assets consistently around $39 million over the past decade, peaking at $40,523,886 in the latest available data. The organization's revenue and expenses have remained relatively stable, hovering around $5 million annually. In the 202308 period, expenses slightly exceeded revenue ($5,122,669 vs. $4,921,138), indicating a minor operating deficit, a trend also observed in 202208 and 201508. However, these deficits are minor relative to their substantial asset base, suggesting strong financial resilience.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent revenue and expense figures, coupled with stable assets, suggest a well-managed operation. The organization reports 0% officer compensation across all available filings, which is a significant indicator of either volunteer leadership or compensation being reported under different categories, warranting further investigation for complete transparency. The low liabilities relative to assets (e.g., $583,934 liabilities vs. $38,847,942 assets in 202308) indicate a healthy balance sheet.
Transparency is generally good given the consistent filing history and readily available financial data. The absence of reported officer compensation is a notable point for further clarity. Overall, NYSUTBC appears to be a financially sound organization with a stable operational history, though more granular spending data would enhance the assessment of its efficiency and program focus.