Is New York State Wine And Culinary Center Inc Legit?
Quick charity verification for New York State Wine And Culinary Center Inc (EIN: 201682175)
Verdict: New York State Wine And Culinary Center Inc appears trustworthy
75/100Mission Score
$3.3MRevenue
$7.4MAssets
2Red Flags
3Strengths
Red Flags
Operating deficits in multiple years (e.g., 2023, 2019, 2015, 2014) where expenses exceeded revenue.
Significant year-over-year revenue fluctuations, making financial planning potentially challenging (e.g., $4.03M in 2022 to $2.69M in 2023).
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
Maintains a healthy asset base ($7.37 million latest, $7.56 million in 2023) despite revenue fluctuations.
Long filing history (13 filings) demonstrates consistent compliance and transparency.
Spending Breakdown
How New York State Wine And Culinary Center Inc 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 Wine And Culinary Center Inc
Is New York State Wine And Culinary Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Wine And Culinary Center Inc (EIN: 201682175) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is New York State Wine And Culinary Center Inc a good charity to donate to?
New York State Wine And Culinary Center Inc has a Mission Score of 75/100. Revenue: $3.3M. Assets: $7.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York State Wine And Culinary Center Inc?
The Employer Identification Number (EIN) for New York State Wine And Culinary Center Inc is 201682175. 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 Wine And Culinary Center Inc spend its money?
New York State Wine And Culinary Center Inc 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 Wine And Culinary Center Inc's tax-exempt status?
You can verify New York State Wine And Culinary Center Inc's tax-exempt status using EIN 201682175 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 Wine And Culinary Center Inc. demonstrates a generally stable financial position, with assets consistently in the $6-8 million range over the past decade. Revenue has fluctuated, peaking at over $5.3 million in 2018 and most recently reported at $2.69 million in 2023, showing a notable decrease from the prior year's $4.03 million. The organization has experienced periods of operating deficits, such as in 2023 where expenses ($3.08 million) exceeded revenue ($2.69 million), and in 2019 where expenses ($4.13 million) were higher than revenue ($3.99 million). This indicates a need for careful management of operational costs relative to incoming funds.
Despite these fluctuations, the organization maintains a healthy asset base relative to its annual revenue, suggesting a degree of financial resilience. A key strength in terms of transparency and financial health is the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is not drawing salaries, which can be a positive signal for donor confidence and resource allocation directly to mission-related activities. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.
Overall, while the organization has faced some revenue volatility and occasional operating deficits, its consistent asset base and zero officer compensation are positive indicators. To further enhance transparency and demonstrate spending efficiency, a more granular breakdown of expenses would be beneficial. The recent decline in revenue and corresponding operating deficit in 2023 warrants close monitoring to ensure long-term sustainability.