Quick charity verification for New York Therapeutic Communities Inc (EIN: 132899442)
Verdict: New York Therapeutic Communities Inc appears trustworthy
95/100Mission Score
$6.4MRevenue
$19.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
Steady growth in assets from $12.1 million in 2015 to $19.2 million in 2023, demonstrating financial stability.
Revenues generally cover expenses, indicating sustainable operations.
Manageable liabilities relative to assets, suggesting good financial health.
Spending Breakdown
How New York Therapeutic Communities Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Therapeutic Communities Inc
Is New York Therapeutic Communities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Therapeutic Communities Inc (EIN: 132899442) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is New York Therapeutic Communities Inc a good charity to donate to?
New York Therapeutic Communities Inc has a Mission Score of 95/100. Revenue: $6.4M. Assets: $19.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Therapeutic Communities Inc?
The Employer Identification Number (EIN) for New York Therapeutic Communities Inc is 132899442. 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 Therapeutic Communities Inc spend its money?
New York Therapeutic Communities Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New York Therapeutic Communities Inc's tax-exempt status?
You can verify New York Therapeutic Communities Inc's tax-exempt status using EIN 132899442 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
New York Therapeutic Communities Inc. demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses were $6,377,214 against revenues of $6,017,099, indicating a slight deficit, but this is not uncommon for nonprofits managing cash flow. The organization's assets have shown steady growth, increasing from $12,111,462 in 2015 to $19,283,438 in 2023, suggesting good long-term financial stewardship. Liabilities have fluctuated but remain manageable relative to assets, with a liability-to-asset ratio of approximately 15% in 2023 ($2,931,945 / $19,283,438). The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a strong focus on program delivery and efficient use of resources.