Quick charity verification for New York Yankees Foundation Inc (EIN: 136089577)
Verdict: New York Yankees Foundation Inc appears trustworthy
85/100Mission Score
$5.3MRevenue
$4.2MAssets
2Red Flags
4Strengths
Red Flags
Inconsistent revenue generation over the past decade
Multiple years where expenses exceeded revenue (e.g., 202204, 202104, 202004, 201804, 201704, 201604, 201404)
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission spending
Significant asset growth in the most recent filing (from $662,617 in 202204 to $2,169,377 in 202304)
Positive net income in the latest reported period (202304), showing financial recovery
Strong overall asset base of $4,151,191
Spending Breakdown
How New York Yankees 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 Yankees Foundation Inc
Is New York Yankees Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Yankees Foundation Inc (EIN: 136089577) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is New York Yankees Foundation Inc a good charity to donate to?
New York Yankees Foundation Inc has a Mission Score of 85/100. Revenue: $5.3M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New York Yankees Foundation Inc?
The Employer Identification Number (EIN) for New York Yankees Foundation Inc is 136089577. 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 Yankees Foundation Inc spend its money?
New York Yankees 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 Yankees Foundation Inc's tax-exempt status?
You can verify New York Yankees Foundation Inc's tax-exempt status using EIN 136089577 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 Yankees Foundation Inc. demonstrates fluctuating financial health over the past decade. While the latest reported revenue is $5,348,418 and assets are $4,151,191, the organization has experienced periods where expenses exceeded revenue, such as in 202204 ($1,385,155 expenses vs. $1,313,523 revenue) and 202104 ($1,076,238 expenses vs. $374,114 revenue). However, the most recent filing (202304) shows a positive net income with revenue of $2,749,787 against expenses of $1,878,256, indicating a recovery and growth in assets. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency regarding leadership compensation. The organization's assets have also shown significant growth from $662,617 in 202204 to $2,169,377 in 202304, reflecting improved financial stability.