Quick charity verification for New York Structural Biology Center Inc (EIN: 134043587)
Verdict: New York Structural Biology Center Inc appears trustworthy
92/100Mission Score
$20.0MRevenue
$133.9MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into executive compensation structures.
Strengths
Consistent asset growth, from $68M in 2014 to $125M in 2023, indicating strong financial management.
Consistent reporting of 0% officer compensation, suggesting high efficiency in executive overhead.
Strong financial stability with assets significantly exceeding liabilities (e.g., $125.5M assets vs. $4.3M liabilities in 2023).
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How New York Structural Biology Center Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Structural Biology Center Inc
Is New York Structural Biology Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Structural Biology Center Inc (EIN: 134043587) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is New York Structural Biology Center Inc a good charity to donate to?
New York Structural Biology Center Inc has a Mission Score of 92/100. Revenue: $20.0M. Assets: $133.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Structural Biology Center Inc?
The Employer Identification Number (EIN) for New York Structural Biology Center Inc is 134043587. 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 Structural Biology Center Inc spend its money?
New York Structural Biology Center Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Structural Biology Center Inc's tax-exempt status?
You can verify New York Structural Biology Center Inc's tax-exempt status using EIN 134043587 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 Structural Biology Center Inc. demonstrates strong financial health and a consistent commitment to its program services. Over the past decade, the organization has shown significant growth in assets, from $68,047,914 in 2014 to $125,553,981 in 2023, indicating effective asset management and financial stability. Revenue has fluctuated, but generally outpaced expenses, leading to healthy net assets. For instance, in 2023, revenue was $37,726,467 against expenses of $24,856,709, resulting in a substantial surplus.
The organization's spending efficiency appears robust, with a high proportion of expenses dedicated to program services. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the absence of reported officer compensation across all filings suggests a lean approach to executive overhead, which is a positive indicator for efficiency. The consistent growth in assets and the ability to generate surpluses suggest effective financial management.
Transparency is a key strength, as evidenced by the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of 0% officer compensation is a notable point, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer or very low-paid executive structure, which would be highly efficient. Further detail on functional expenses would provide a more complete picture of spending efficiency.