Quick charity verification for New York Stem Cell Foundation Inc (EIN: 202905531)
Verdict: New York Stem Cell Foundation Inc appears trustworthy
90/100Mission Score
$23.9MRevenue
$82.9MAssets
1Red Flags
5Strengths
Red Flags
Fluctuating annual revenue, which could impact long-term planning if not managed effectively.
Strengths
Strong program spending ratio, indicating efficient use of funds for its mission.
Consistent reporting of 0% officer compensation, demonstrating high transparency in executive pay.
Substantial and growing asset base ($93,436,824 in 202306) provides financial stability.
Positive net assets (Assets - Liabilities) across all reported periods, indicating solvency.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
Spending Breakdown
How New York Stem Cell 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
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 Stem Cell Foundation Inc
Is New York Stem Cell Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Stem Cell Foundation Inc (EIN: 202905531) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is New York Stem Cell Foundation Inc a good charity to donate to?
New York Stem Cell Foundation Inc has a Mission Score of 90/100. Revenue: $23.9M. Assets: $82.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Stem Cell Foundation Inc?
The Employer Identification Number (EIN) for New York Stem Cell Foundation Inc is 202905531. 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 Stem Cell Foundation Inc spend its money?
New York Stem Cell 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 Stem Cell Foundation Inc's tax-exempt status?
You can verify New York Stem Cell Foundation Inc's tax-exempt status using EIN 202905531 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 Stem Cell Foundation Inc. demonstrates a strong commitment to its program services, with a significant portion of its expenses consistently directed towards its mission. In the 202306 period, the organization reported expenses of $43,475,154, with a substantial allocation to program services. While the organization has experienced fluctuations in revenue, such as the decrease from $37,512,270 in 202206 to $30,392,844 in 202306, its asset base has shown growth, reaching $93,436,824 in 202306. The consistent reporting of 0% officer compensation across all available filings indicates a high level of transparency regarding executive pay, suggesting that top leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor confidence.
The organization's financial health appears stable, with substantial assets of $93,436,824 in the latest filing, significantly outweighing liabilities of $59,027,731. This strong asset base provides a buffer against revenue fluctuations and supports long-term operational stability. The consistent investment in program services, as evidenced by the spending breakdown, highlights an efficient use of funds towards its scientific research mission. The absence of reported officer compensation further reinforces a perception of fiscal responsibility and a focus on mission-driven spending.